Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1911-06-25
MONEY COST OF The GROWING
LOndoners Expect 60 see one HuR-
dred million Dollars Change
Hands.

hnnuss
The expenses OF the coronation cere-
monies and the festivities Immediately as
ISOLATED with II will alone come 20 a
goody sum. The current estimates contain
a provision for an expenditure of GiS5,O0O
In addition 20 a substantial available bal
hnce I'm the hands Of Lord Beauchamp. who
Is the national host And King George
himself will. II is estimated spend at least
100000 out of his own purse Thus we
arrive at a starting item OF close on
100000
For every pound spent on royal cero-
monials and banquets scores will be Law
ished by the nation and its guests from
over the seas on this carnival Of rejoicing.
From every corner OF the wide world visit
tors are about to flock to England with
purses well filled. eager to have a good
time" and reckless of the expense From
the United States alone II is said at least
100000 are coming, many Of them Million
aires to whom a few thousands for a holi-
day jaunt are no more than the cost OF
trip to Margate to the average man.
One palatial liner will come over crowded
to its last cubic foot OF accommodation
with these transatlantic Croesuses. Every
berth in every boat that viii cross the
herring pand" from now to the latter part
alone oCr United States guests will spend
at least 100000 small ins;allment OF the
gold they bring with them TO leave in
British pockets.
Assuming that on an average each OF
these 100000 Americans spends only ESQ Ian
absurdly modest sum- on his holiday, we
have an item OF f5 900 900 to add to our bill.
Canada is sending 5000 people to the
motherand, Australia 10000 and so on
through the long list OF those who will
voyage to us over the seas. At low
estimate London during coronation week
will play the hostess to 100000 guests hail
ing from every remote part of the earth.
and they will return home richer by tho
experience of a lifetime. and poorer by at
least 100000.
For the privilege OF sightseeing alone
1t is easy TO calculate that a sum running
far into seven figures will be paid Fabu-
lous amounts have already been paid for
houses and flats i'm Mayfair, St James
and Belgravia, in South Kenslngton and
the purieus of Hyde Park. For the day
of the coronation procession itself 1000
gulneas is the cost of a flat in Pail Mall,
and on the following day-the day of the
royal progress-5O0 guineas will be dis
bursed for the same flat; 1900 guneas for
two days-at the rate of over f2T,0OO
year! The lowest price asked by one agent
for a solitary window overlooking the pro-
cessional route is IS guineas. and single
seats range from to 20 guineas.
The millionaire who wants a house to
himself, say, in Queens Gate, must be
prepared to pay something like 5000 for
It, In fact, one rich American has already
secured a mansion in Upper Grosvenor
street for 1000 guineas. and is quite pleased
with his bargain; while another Croesus
has paid $500 guineas for a house in
Grosvenor Square. 1t is true that such
rents cover a longer period than the
Coronation festivities; but as the Corona
ton is the attraction which fixes the
prices they may fairly be put down to its
account.
Hundreds of flats in st. James street
and similar places of vantage are being
let for sums ranging from f100 to 600 for
the Coronation day alone. the lucky ten
ants thus paying the years rent and
pocketing a substantial sum in addition for
vacating their quarters for single day.
And practically all this expenditure. so
far, is confined to the metropolis alone.
What about the money lavished not only
in the provinces of the united kingdom. but
in our far-spreading colonies all the world
over, from Canada to Ceylon, where 10y
atty is at least as rampant as at home?
1t is but a poor town in England which is
not already committed TO spend at least
e1,0OO in public rejoicings. This may be
put down as an average expenditure for a
town of $1,000 inhabitants. Such cities as
Liverpool, Manchester and Glasgow will
probably spend from ten to twenty times
this amount and not grudge a penny of It.
Provincial public celebrations in the
united kingdom will run away with at
least e1,OOO0OO. and private disbursements
will come to twice as much We cannot
put down less than 100000 for provincial
celebrations in Great Britain and Ireland:
and we must allow considerably more for
our hundreds of millions of fellow-subjects
across the seas, who will raise their thumb
ers of cheers to George ", God bless
him. on Coronation day.
And what will the total cost be2 He
would be a bold man who would hazard a
guess without stipulating for a margin or
a few millions. That It can fall short OF
e2O,O0O0oO the present writer declines to
believe.-London Tit-Bits.