New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-02-22
KING POORER THAN
PRINCE OF WAIb
British Heir Apparent Soo.
to Have Full Possessios
of S5,OOO,OOO.
BUT MUST PROVIDE
FOR HIS BROTHfps
Funds of Duchy of Cornwall 1.
cumulated During His Minorit
at Least Sl,500.00O =
-u. oaaIe 10 rho r-l,.....

by Gable 20 Thc Tribunal
London. Feb. Zi.-Whcn the pin.
Vale comes into the full possess,o.
his estates md revenues he vim h.
the exception perhaps Of the car. \.
the weaIthiest prince in Europe =
viii be much Weather than va, w..
Edward when Prince of Wales. Or IN,
King Gcorge Ills royal hlghne,. ,m
indeed he actually Weather than g.
father at tho present time. and ain
worry much the wealthlast member ~ -.
English royal family
This is owing partly to the eornn,-.
lively small allowance that has h.r
made TO the prince so far by his ps,,,,.
out Of his various revenues. tha, A..
being administered IN trust for his raw,
highness until ne Is twenty-one. n.
accumulated funds from these sources
OF income have reached now an extr,r.
ly large figure. The net annual r.s,,
value OF the Duchy Of Cornwall VIE
King George came 70 the throne vu
10000 per annum. THIS royal esu,
then legally passed 10 the Prince =
Wales. but HIS royal highness fas M
received one penny from A. Therefor
there IS now four years accumulated L.
come from the duchy due 10 the pria,
which would amount TO f2s0.00o. and Il
that must be added the interest that "A,
accrued on the money. As a matter Il
fact. the rental value Of the Duchy q
I Cornwall has risen considerably in M
! last three years. Leases have fallen "a
and part Of the London estate has great.
/ IL Increase in value. II is certain tina,
the annual value Of the duchy IL 10,
not less than 10000 per annum It's
therefore safe TO assume that the accg-
nulatcd funds from this source would
amount 10 at least f3o0,O 6l.s9o,eei
Nation Gives s25o,ooo Year.
To this sum must he added the amoui
saved out OF the allowance made By Par.
lament for the maintenance Of the Prlns
Of Wales. which. on the accession OF kirs
George. was fixed at 5000 per annum. .
be raised TO 10000 when the prince mar
RES. The maintenance and education 4
the prince have not cost more than ""
per annum. Travelling expenses, dr's
bills and other items may have run to A.
other 1900 per annum since King "a
wards death. The prince has therefor
received out of the state allowance "
bis maintenance since his fathers aces
sion not more than tl6,~o, which "e@
leave funds amounting to 1880 mcgee
ing INTEREST," that have been sccumulm
for him out Of this source az revenue
The total amount OF money, With me
est that has accumulated since hins
wards death out Of the revenues tna'
nrincs will come into complete poss"
sion Of when he is twenty-one. 'ne's'.s
&c now more than $4,000. and BY -
twenty-first birthday It will have
creased to 100000 G3,5OOoo. ProoaNy
will be nearer s5coo,ooo
Lord Revelstoke, keen and abe nnAa
cler ard a director OF the Bank Of Eng
land. has attended 10 the invesmen'
these accumulated moneys, and th'us-
ANYTHING Ike speculative invesuneaa
were avoided il is known that the esrx
value Of some Of the securities pufenas's
under Lord Revelstokes ad''S'
greatly appreciated.
The prince also inherits fs.@ IRON !"
late King. and It is expected thar W"
Alexandra will leave him f2So".
Total Income 100000 . Y"'
II VIII be seen. then. that ~nen
rrince reaches the age OF twent''o~
will come into full possession OF as
&. 600 90. and. in addition, VIII na,'
allowance from the state OF '-1""
annum and an income from the puS''
Cornwall Of $4,000. ,u-,
His total income would therefore '' =.
10 about 100000 per ahh'nA Ma.
total income OF the late King as -
NJ Wales amounted at no tine 70
than $4,000 per annum, and was 'O' -.
less than $4,000. King George - smu
Of Wales. had an income OF ABOUT -"
The prince. however. will be eonN. y.
sooner or later with the pfoolein
dnarcial position Of his younger p'v
vho are all, comparatively spsA
Door for they have practically no'na ',s,.
ycnd the s25. 900 per annum when f"
nent settled upon each OF the W. =,
sons of the English royal house =.
accession Of King George. queen
saving al the money she can 10 - -
suitable provision for each oil .n' A
princes. but the probability as
Prince Of Wales will have 10 ASSN s,,.
His ROYAL highness has aireSos 80
taken to allow Prince Albert MS o.
brother. $4,000 per annum, ana a,,,.
Henry $4,000. But then there AZ. ~
George and Prince John 10 " F..,,,e
for. The problem OF the iinah''~ ',1y
Of the younger princes may p 40
solved by marriage. but unless s"'. q D
outside ROYAL rank such solution y ~
problem that is greatly veSIns inc
and Queen just now is not iKeH p,,,s
found. Well on therefore. Re '"' "a. .
OF Wales will e.. there may 'S "a -
his purse in the future when "'