The Wenatchee daily world. [volume] (Wenatchee, Wash.) 1905-1971, 1909-01-19
WINS FORTUNE
IN GAMBLE
BEAUTIFUL COUNTESS OF WAR
WICK, FEUDAL TYRANT, YET
RABID SOCIALIST, NETS ST 800
900 ON DEAL IN STOCKS.
Special to the World.

London, Jan. 19.-The Earl and
Countess of Warwick are the ONLY
persons in England who run their
own trust. The corporate title OF
their trust is 1.-THE Warwick Estate
Company, Limited" with bonds and
shares which cover the entailed War
wick estates, comprising Warwick
Castle, and a large tract of farming
country in the County of Essex, called
Easton
The beautiful countess, it is said,
originated the idea of forming the
estate into trust, selling the shares
to the public. The company was in
corporated in 1899, with a capital OF
| 100000, divided into shares of $50
each, with mortgage bonds of about
! 81, $50, 1000, the latter bearing four
per cent interest. Now, it is said,
the countess, by lucky speculation
in the stock market, has been enabled
to buy all the bonds of the War
wick Trust, thereby clearing her hus-
/ bands ancestral estates
! A Request from Rhodes
! When Cecil Rhodes died he be-
queathed to the countess a large
block of shares in the Tangany Ikas
company, one of the most speculative
stocks on the South African list. 1t
is reported that the countess, owing
to a boom in Tangany Ikas, has been
able to dispose of a block of these
shares for $1,500,000, netting a sum
which enables her to take up all
the outstanding obligations against
the Warwick estate in the form of
bonds and stocks.
In the financial district it is stated
that the Rothschilds bought the
Countess Warwick Trust securities,
while another uncomfortable story
said that w. w. Aston had bought
the Countess's shares, but London's
Wall Street district inclines to the be-
lief that it was the Rothschilds, and
not Astor. Now, after many years,
the countess is free from debt-a
blissful state for her, as she no longer
goes to court and is under no obliga-
ton to the sovereign.
The countess remains true to So
cialism, to which she became con-
vert several years ago. She is a
practical socialist because she fire.
quently makes cartail speeches in
Whitechapel and other slum districts
where the socialist party is seeking
recruits.
Even Children are Socialists.
The countess's Essex estates in
clude many churches. of which she
retains the feudal privilege of ap-
pointing the vicar, and she is now
applying her socialistic principles to
the appointment of the parsons to the
churches which she controls. The
countess has the appointing power of
the following livings on her wide
spreading estate: Great Easton Rec
tory, Little Easton Rectory, Passen-
ham Rectory, Thaxted Vicarage
Thornton Rectory and Tilly Vicarage.
The countess intends to fill all
these churches with socialistic par
sons. She has already installed So
cialists in several churches, and the
village children attending Sunday
school wearing red jerseys.
The children are notable as the
countess kids because they have
become so Independent that they
never doff their hats or bow to the
quality they meet on the high road
The countess has apparently taught
the children of her retainers that
they have little obligations to their
alleged superiors.