The Washington herald., 1911-08-30
ROYALTY AND FINANCE.

consults bankers and financiers and cap
tains of industry. and 1t is due to their
advice that a great European war has
been averted. For the rejection OF such
| advice would mean the shutting off OF
funds to wage war with. and the ruin Of
all mercantile and Industrial interests as
well. The Kaiser, King George OF Eng
land, and President Fallieres of France
in turn all have had this intimated 10
! them b. the great money kings cr their
respective countries, and they had to
| submit, just as did Japan, which twice
has been forced to arrest the onward
march OF her victorious troops by the
great financial magnates.
1t is we'll known that the Kaiser, IN
| most respects the most up-to-date of
monarchs, appreciates this state of az
| fairs to such an extent that he persistent
| ly surrounds himself with great fnan-
ciers, rather than with great mobiles, and
whenever his circle contains scfons of
the most feudal OF houses, like Fuerst
Egon Won Fuerstenberg. Fuerst Henckel
Won Donnersmarck. Fuerst Won Dohna.
and Fuerst Won Pless, II is TO be recorded
| that all Of them are quite as active in
| Industrial endeavors as in affairs OF
| state.
The Kaiser cultivates not only German
but also foreign fuanciers. He struck
up a great friendship with the late Cecil
Rhodes. holds Sir Ernest Cassel and Lord
Revelstoke in particularly high regard,
and lavished the most exceptional atten-
| tions on J. Pierpont Morgan. decorating
him with the Grand Cross OF the Order
OF the Red Eagle and waived all rules
Of the Imperial Yacht Club to secure the
admission of Mr.. Morgan to membership.
II any one were to be asked to desig-
nate the most trusted confidants of
I =, w,N-
Prince Fuerstenberg, Albert Ballin, head
of the Hamburg-American line. a Jew
by faith. and upon whom William has
repeatedly pressed the acceptance Of the
portfolio Of a cabinet minister, but with
out avail.
The Emperor has caused his three sons
to undergo a course OF commercial study
so as to be in a position to master the
problems OF finance and industry with
thorough comprehension of the principles
OF business. More than that, he has even
embarked in business himself with the
object of augmenting his own fortune.
The Kaiser has been subjected to a good
deal of criticism owing to his concep-
ton OF the importance Of trade and
finance in the affairs OF his nation, and
he has been condemned by the Junk
ers' for the favors shown by him TO
men like Balln and Pierpont Morgan.
And because he invests largely in domes-
tic enterprises in preference to foreign
securities he even has been charged with
subordinating the interests Of the nation
TO those OF certain corporations. like, for
instance. the Hamburg American Steam
ship Line. in which he is heavy stock
holder. He also is strongly involved in
the diamond mining in German West
A Frf, l. Ipr 1,Yry,-
Der business in connection with the vast
forests comprising the Crown domains.
He derives a handsome revenue from his
stud for horses in East Prussia, the IA
nous Trakehnen stud; is the principal
owner of the municipal brewery in Han
over. And who has not heard Of his great
mandatory of pottery-maJ JOlica-at
Cadinen. maintaining even several stores
in Berlin for the sale OF his wares.
In Sweden the late King Oscars eN
tensive brewing interests, especially his
ownership of the great st. Eric Brew
cry. have been disposed Of by his son
and successor. Gustaf. who Is a total
abstainer. But the present ruler Of the
Swedes retains his fathers investments
in other commercial enterprises. hotels.
manufactures. mills. and mines. He is
likewise an extensive dealer in real es-
tate, and has realized large profits by
buying up slums OF the Swedish metrOp-
oils and transferring unem into hand
some dwellings and thoroughfares.
thereby increasing the value of the rrop-
erty and contributing to the improve
ment and welfare OF the city.
Oscar was. like his brother monarch.
Leopold Of Belgium, a large stockhOlder
in the Suez Canal Company.
Oscars widow is rich in her own right.
her wealth being derived from the pub
lie gambling tables which her father. the
1o4 n,,lra nf tn Iaae in
his capital at Wiesbaden to NJ. Blanc
much in the same way that the Prince
of Monaco now leases the Casino at
Monte Carlo to old Blanc's son.
Denmark's King has shown himself
very clever manager of his wife's
vast Swedish inheritance. which he has
more than doubled by shrewd invest
ments. He is we'll known as an enter
prlsing capitalist in the money marts
OF Europe. In many of his specula-
tions he has been associated with his
brother. King George OF Greece, who
is said to owe the foundation of his
great fortune. In measure, to the CO.
operation and good advice of the late
Cen Meredith Read, who was once our
Minister TO Greece. King George, when he
was elected to the throne of the Hell
lenes had no fortune of his own. His
civil list Is very small, affording him
no opportunities for setting aside any
savings. Yet to-day he is counted one
OF the wealthiest OF European rulers.
The royal family of Bavaria have
from time immemorial been known to
fame as the principal brewers of Ger
many. The famous Hofbrau Haus was
established in 1889 by Duke william of
Bavaria, its principal owner being to-
day the monagenarian Prince Regent of
Bavaria. No one who has not been in
Munich can form an idea of the grim,
dingy tavern in which the royal court
beer has been sold at retail for the past
800 years, and which forms part of the
ancient palace of the Dukes OF Bavaria.
There are no walters or mattresses,
everybody being expected to attend to
his own wants, and on the occasion of
the Kaiser's visit to Munich, he. to-
gether with the Bavarian princes, took
their place in line and awaited their
turn for a stone mug. which, in accord
ance with the time-honored custom of
the place, they themselves rinsed in
the tank before again forming in line
for the purpose of having their mugs
filed.
The King OF wurttemberg owns the
leading hotel, as well as the two prin-
cipal restaurants OF his capital
King Williams predecessors on the
throne of Wurttemberg were alive to
their responsibilities and duties as Inn
keepers. This was shown when Peter the
Great passed through Stuttgart. The then
rrIar of Uurftapoher0 had sent a courier