Valdez daily prospector., 1914-07-17
WALES ID BE
 \ RICH PRINCE
English Heir Apparent Has a Good iy Sum and More Is Con-
 ing His Way

LONDON, July Ii.-W ueu tne
 Prince of Wales next year attains
 his twenty-first birthday he will en-
 ter into personal control of the rev. enues of the Duchy of Cornwall
 which are now being administered for him by the King, and the ac- cumulations of which will represent a nest egg of over $5,OOO,0OO. From an Authoritative financial source it was recently learned that ] advantage is being taken of the pres ] ent state of the share markets to l make considerable investments in se- curities which the two trustees of the Duchy of the Cornwall estate consider bargains at the present prices. These trustees, who have been inspired and guided by Lord 1 Revelstoke since King Georges ac-- cession, have already done very well for the Prince. Not very long ago they purchased $400,000 worth of se-- curities which have appreciated in the last six months in capital value by 1 per cent.
 Though King George is by no means on the same close and friend ly relations with prominent and in t1uential persons in the financial world as was his father, King Ed ward, his Majesty has, nevertheless, many sources open to him through which he can carry on financial op- erations under vastly more favorable conditions than an ordinary investor, and it is probable that the value of the Prince of Wales's invested capital when it is made over to him next year will be considerably over $5,- OO0,00O.
 But though the Prince, on paper, will then be one of the few mil lionaire royalties of Europe, he will not be so in fact, for he has four brothers who have practically noth- ing, and how to make suitable pro vision for them has been an out standing financial problem in the royal family for years. There are only two possible solutions. One is for the young Princes to marry heir esses with sufficiently large dowries, and the other is for the Prince of Wales, who is rich beyond all com parison with his brothers, to make provision for them.
 For the present middle way eb- tween these two courses is to be found by settling sufficient amount of the Princes real estate on Prince Albert and Prince Henry to bring in to each of them $75,000 a year, and. as each will have an allowance from the state of a similar sum on at taining his majority, this arrange ment will provide for each of the two younger Princes an income of $150,O00 per annum.
 The problem of providing for Prince George and Prince John, who are still very young, is not of immediate urg- they come of age.
 The Prince of Wales will, of course, have to marry into royal house, and, with the exception of the czar's daughters, Princess Maud of Fife, and one or two others, none of whom is likely to become Princess of Wales. there is no great heiress available for the Prince. As soon, however, as he is married and his marriage has resulted in providing two or three possible successors to the throne with incomes, there will be no spe- cial or urgent necessity for all the younger Princes to look for wives only among the daughters of royal houses.
 This is a matter that is being de- liberately considered by the English royal family, even at the present mo ment. King George and Queen Mary are not oblivious to the paucity of well-dowered princesses of the ages of their younger sons, or of the fact that by the time the Princes reach marriageable age there are likely to be heiresses who are daughters or granddaughters of men who built up fortunes by industrial activity.
 The possibilities opened out by these considerations have been sub ject of recent conversations in the royal household, in which it was sug- gested that descendants of an Amer ican railroad magnate or German chemical king" might one day sit on the English throne-"if fthere is still an English throne then. '" added much daring courier, sotto voce.