New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1906-09-02

mother. the late Queen Victoria. and Of his
grand uncle. King William ~. England's pres
ent ruler on his accession to the throne made
statutory agreement with Parliament and
with the national Treasury whereby. in return
for his surrender TO tire state Of tho major por-
tion OF the Crown property for the duration OF
hts life he received In return undertaking
from the nation TO furnish him with a civil
list OF nearly S3,OOOOOO a year and 70 provide
adequate allowances for the princes and prlr,-
cesses Of tho royal house
II was not The King and his family who made
the best OF this bargain. BIZ. the state For.
owing TO the careful management and eHtraor-
dinary development OF tho Crown property.
coupled with the amazing growth IN the value of
building land during the last fifty years. the
Treasury Is managing TO net profits OF much
a. $l.Wo.WO a year from tho proceeds OF the
Crown property. after all the expenses OF It's
management. the civil list of the King and
Queen. and the allowances OF the royal princes
and prtncesses have been deducted In fact. the
calculation has been made that instead OF Queen
Victoria and her family having besn source of
any expense 70 tho national exchequer, they
have since 1887 benefited the state to the er-
tent OF at least $33 OOO OOO-that is to say. they
have relieved the taxpayer from that amount OF
fiscal burden. thanks TO the bargain concluded
BY Queen Victoria thresscore and ten years
ago. and renewed By King Edward At tho time
Of his accession. IN 1901. The agreement will
come 20 end at his death. az IL Is impossible
for him to bind hts successor. But there is every
reason TO believe that when the Prince OF Wales
becomes sovereign George hs Will be led
by motives Of policy and expediency to agree
70 Q similar arrangement He Will bs perfectly
justified. however. in e1acring from the state
- q or.d pro quo FOR the Crown lands q con-
sidsrabIy larger civil rs. than that now en-
toyed By his father. For. large - are the
rsvsnues derived ehsrefrom se tho present mo-
mont, they are bound within tho next fsw years
70 rsce!ve . phenomenal increase by tho falling
IN OF tho leases Of largo tracts OF land IN Lon
don. Including the whole OF Regent street, with
all the buildings thereon-.hat is 90 say, one or
the mos, important. thoroughfares IN the fashion
able shopping district From this II will be seen
tina. the English people can. than'cs TO their en-
,oymene OF the revenues OF the ably administered
Crown property afford 20 paw considerably
more than they DO toward tho maintenance OF
their reignins house without It costing tho tax
payer cent.
The expression crown lands covers a great
variety OF property II comprises, as JUST
mentioned above. entire shopping and rssiden-
ttaI districts OF London. salmon fshngs In SCOT
land over 100000 acres OF the finest sgricultu-
-aI land IN England alone. huge forests-auonz
them Windsor Great Park and the New Forest
canals mines Of every description from those
IF gold IN Wales 10 those OF lead IN the Isle 81
Man: salt works and extraordinary number
OF feudal due. and rents. tho very names OF
which sre beyond the comprehension OF even
the Englishrnan OF average education Then
there are quarries and royalties and forfeitures.