The Dawson news. (Dawson, Ga.) 1889-current, 1921-05-31
PAY AMERICAN DOLLARS
FOR EUROPEAN D|ADEMs
FORTUNES FROM THE UNITED
STATES HAVE GONE TO EN-
RICH FOREIGN NOBILITY.
MAY CHECK CUPID WITH TAX
Foreign Countries Now Imposing Tax
On Incomes of American Fortunes,
So Bargain Priced" European
Bonds Are Being Bought.

So Bargain Priced European
Bonds Are Being Bought.
NEW YORK, N. Whore than
one billion dollars has gone out OF the
United States as marriage settlements
of American girls wedding foreign tn
ties in the last IS years. This is an
estimate, but there are statisticians
who claim that were all the foreign
marriages listed where the dowry OF
the American bride did not touch
shining m rk but nevertheless
amounted to respectable fortune, the
billion dollars would be multiplied by
two.
International marriages involving
any degree of fortune always mean a
marriage settlement, but for period
the brilliant matches, as with dukes,
princes or other lofty titles, became
so fashionable that lesser matches at
tracted no attention.
Holds UP Greek Throne.
Attention has been focused on the
Leeds fortune, which is now buttress-
ing the throne of Greece. Prince Anas-
tasia, the former Mrs. William B.
Leeds, was left in control OF his for
tune, except for legacy providing
for their son, by the Tin Plate King
when he died in Paris in June, 1903.
This fortune, appraised by Wall street
in that year at $4,000 600, is now said
to have grown to $40,000,0O0.
After the death of her husband Mrs.
Leeds spent much of her time abroad,
courted by different foreign noblemen.
Then followed the announcement OF
| her marriage to Greek prince, quick
ly succeeded by that of the engage
ment of her son to Princess Xenia,
second daughter of Grand Duchess
| Marie and niece of King Constantine.
! The marriage will take place in Ath-
ems next month.
Only Incomes Used.
Now the princess has just announc-
ed that the fortune made in America
will not be dissipated abroad, but
eventually will revert to her, the lying
in hospital in New York city being one
of the residuary legatees in certain
contingencies. This question of selling
out and reinvesting abroad became
poignant with the budget difficulties
of the allied countries after, the war.
Up to that period it had hardly been
discussed.
The situation that existed at the
time of the marriages of Consuelo
Vanderbilt and Anna Gould, where in
vestments were left in this country
and the income from them spent
abroad, is likely to be altered. In the
marriage settlements drawn up now
adays between foreign nobIemen and
parents or guardians of American girls
stipulation is likely to be put de-
handing that Refreshments must be
made. Such stipulation may make
such marriages more difficult to ar
range
Vanderbilts Heavy Contributors.
Excursions into the realm of high
caste European families have thus far
cost the Vanderbilt family about $20,
| 0G0,000 The marriage of Consuelo,
daughter William K. Vanderbilt, and
the Duke of Marlborough occurred in
| 1895. Millions in cash went with the
bridal pair when they sailed, and more
followed them. The actual money was
needed to rehabiitate and maintain
Blenheim house, with its prodigal cost
OF reconstruction and its heavy annual
expense roll The sum of So, 500,000
was spent in building Sutherland
house, in London. These amounts were
in addition to the dowry of the bride,
said to be $12,000,000.
Gladys Vanderbilt, a cousin of the
Duchess OF Marlborough, married
three years later member of the Hun
garian feudal nobility, Count Laslo
Szechenyi Her fortune in her own
right was $12,000,000, but the exact
sum which figured in the transaction
was not known except to the parties
themselves. When Cornelius Wander
bilt, her father, died in 1899 he left
a fortune nominally reaching 100000
900.
Dissipated Wife's Fortune.
In 1895 Anna Gould, daughter of
Jay Gould, married the Count de Cas-
te1lane, the wedding settlements Civ
ing him conjugal rights to more than
$10,000,000 He had a royal time
spending the money for II years, when
his wife secured a divorce and mar
ried his cousin, the Prince de Sagan.
In 1908 May Goelet married the Duke
of Roxeburghe. Her share of the mil
lions of the family, said to be next to
the Astors the largest owners OF real
estate in New York city, was at that
time set at $25,000000
Now a member of leading inter
national house of long standing makes
the statement that a good many in
ternational' families, holders OF Amer
lean securities, are getting rid of them,
replacing them with the numberless
government issues now selling in Eu-
rope at bargain prices.