The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1922-10-10
KING oPS OFF:
$4,000 AYEAR.
George of Great Britain Forced
to Effect Economies in Ex-
pense of Household.
CUTS DOWN HIS RACING STUD
In Spite of Rise in Cost of Living, the
King Has ResoIuteIy Declined to
Ask Nation for Any In
crease In Grant

crease In Grant
London.-King George has set yet
another example which may advan-
tageously be followed by thousands of
his subjects. AS result of recent
economies in the kings household an
annual saving of something like $780,
600 is being made. This is the re-
suit of the special investigation the
king ordered some months ago, when,
in order to achieve economies in ac-
cordance with the spirit of the time,
he directed that the whole organiza-
tion Of the royal household should be
overhauled. The work of reOrganiza-
ton at Buckingham palace, Windsor
castle and other royal residences has
been in progress ever since. Its COM
pletion, with the saving mentioned, is
naturally a matter of satisfaction to
the king, whose financial resources are
probably much Overestimated in the
public mind. Moreover, the economy
has been secured without the efficient
and effective administration of the
royal household being impaired in the
slightest. 1t has to be borne in mind
that the amount of money granted by
the house of commons annually for the
maintenance of the crown and the
royal household remains at the same
figure as In 1914.
Refuses to Ask Increase.
In spite Of the general rise in the
cost of living and of all commodi-
ties, the king has resolutely declined
TO apply to the nation for any in
crease. This has meant, inevitably.
that he has had to draw heavily upon
his private resources during the past
eight years-to an extent that would
cause considerable surprise could the
figures be published. In his task of
reducing expenses the king has been
fortunate in having the assistance of
so experienced. land astute a financier
as the veteran Viscount Farquhar, lord
steward of the household. This is
not the first instance in which Lord
FarQuhar has been called upon to
act In this capacity. He served King
Edward in similar fashion after he
came to the throne, when it was found
that the entire royal household re-
quired to be remodeled, and the many
sinecures that had grown up during
the later years Of the reign Of Queen
Victoria vigorously abolished.
4. Early In the present year Lord Far
quhar was able to submit a balance
sheet showing how the money was
being expended In the royal house
hold and where reductions might
prOfitably be made without any loss
Of efficiency. This the king consid-
cred for some days with very particu-
lar care, and in the end gave it his
hearty approval, and this work Of re-
organization at his various residences
went forward. In the meantime his
majesty decided 1t was necessary for
him to retrench his personal expenses
in every manner possible. Therefore
he gave directions that his racing stud
be cut down to a minimum and that
no unnecessary expense was to be in
Cured in connection with his stables.
He decided, as a farther economy,
that his famous old racing cutter Brit.
ANNA should not be put into commits.
sion this year. This, however, had an
effect upon which the king had not cal.
culated.
Britannia to Race Again.
The withdrawal of the yacht from
the races In which it was customary
for it to take part in the past led to
other owners of big yachts deciding
to lay their boats up. An unfortunate
blow was thus hit at the sport, and
not little unemployment was caused
among those who had been accus--
tened to man these large racing
craft. This aspect of the matter was
brought to the notice of the king
when he was staying at Cowes re-
Gently. Any development causing un-.
employment at once receives the sym
pathetic attention of the king, who de
cided to inspect the Britannia, now
laid up in the Medina river i'm the Isle
Of Wight, in order to see what re
pairs and renOvatiOnS would be re-
quired to render it seaworthy for the
opening Of the yachting season next
year. AS a result the Britannia will
hoist her pennant again next year
This is a fact which will cause the
greatest satisfaction in yachting cir
Giles throughout the kingdom. It is
also now probable that when the au--
tumn sales of bloodstock open at Don
caster, Newmarket and elsewhere, the
king will order new horses to be OBJ
tanned with view to bringing his
racing stud into line with what it used
to be in the days of King Edward.