Palatka daily news. [volume] (Palatka, Fla.) 1919-1994, 1922-11-02
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Inc LOPS OFF
| $4,000 A YEAR
.eoroe of Great Britain Forced
'to Effect Economies in Ex-
| pense Of Household.
hrs DOWN HIS RACING STUD
cri+e of Rise in Cost of Living, the
uirc Has Resolutely Declined to
Ask Nation for Any In
crease in Grant.

ordon-King George has set yet
otbnr example which may advan-
roouslv be followed by thousands of
subjects. AS a result of recent
.roromies in the kings household an
fruol saving of something like $780,
IN is being made. This is the re-
In of the special investigation the
ms ordered some months ago, when,
"A order to achieve economies in ac-
sordonce with the spirit of the time,
n directed that the whole organiza-
t,on of the royal household should be
<rorhauIed. The work of reorganiza-
Mr. at Buckingham palace, Windsor
4 stIe and other royal residences has
Hen in progress ever since. Its COM
1ptIon. with the saving mentioned, is
Naturally q matter of satisfaction to
H. king. whose financial resources are
nrobably much overestlmated in the
nubllc mind. Moreover, the economy
6as been secured without the efficient
Ind effective administration of the
4Oyal household being impaired in the
Brightest. 1t has to be borne in mind
Mat the amount of money granted by
NJ house of commons annually for the
maintenance of the crown and the
foyal household remains at the same
6gure as in 1914.
Refuses to Ask Increase.
y In spite of the general rise in the
$cst of living and of all cOmmodi-
Hes, the king has resolutely declined
Ii apply to the nation for any in
crease. This has meant, inevitably,
Mat he has had to draw heavily upon
his private resources during the past
NIGHT years-to an extent that would
PAUSE considerable surprise could the
fgures be published. In his task Of
Reducing expenses the king has been
Fortunate in having the assistance Of
10 experienced and astute a tinancicr
Is the veteran Viscount FarQuhar, lord
Steward Of the household. This is
bot the first instance in which Lord
FarQuhar has been called upon to
bet in this capacity. He served King
Edward in similar fashion after he
game to the throne, when it was found
that the entire royal household re-
luired to be remOdeled, and the many
snecures that had grown up during
the later years of the reign of Queen
Victoria vigorously abolished.
Early in the present year Lord Far
1ubur was able to submit a balance
sheet showing how the money was
being expended in the royal house
hold and where reductions might
proitably be made without any loss
pf efficiency This the king conSid-
pred for some days with very particu-
Far care, and in the end gave it his
hearty approval, and this work Of re-
organization at his various residences
Eent forward. In the meantime his
majesty decided it was necessary for
PIN to retrench his personal expenses
P every manner possible. Therefore
Pc gave directions that his racing stud
Pc cut down to a minimum and that
Pc unnecessary expense was to he in
iurred in connection with his stables.
PIE decided, as a farther economy,
-hat his famous old racing cutter Brit
lnnia should not be put into commits
'lon this year. This, however. had an
41""t upon which the king had not cal
'ulated.
Britannia to Race AGAIN.