The L'Anse sentinel., 1922-10-27
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 Resoiutely Declined to
Ask Nation for Any In
crease In Grant.

LOndOn.-king George has set yet
unother 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,
900 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 se
overhauled. The work of reorganiZa-
tlon at buckingham palace, Windsor
castle and other royal residences has
been In progress ever since. It's COM
pletion, with the saving mentioned, is
naturally matter of satisfaction to
the king, whose financial resources are
probably much overestimated In the
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
60 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
30 experienced and astute financier
ms the veteran Viscount Farquhar, lord
steward of the household This Is
not the first instance In which Lord
Farquhcr has been called upon to
act In this capacity. He served King
Edward in similar fashion after he
came to the throne. when II was found
that the entire royal household re-
quired to be remodelcd and the many
sinecures that had grown up during
the later years Of the reign~of Queen
Victoria vigorously abolished
Early In the present year Lord Far
quhar was able to submit 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 consld- |
cred for some days with very particu-
lar care, and in the end gave 1t his
hearty approval, and this work Of re-
organization mt his various residences
went forward. In the meantime his /
majesty decided II was necessary for
him 10 retrench bis personal expenses
In every manner possible. Therefore
he gave directions that his racing stud
be cut down TO minimum and that
no unnecessary expense was to be In
Cured In connection with his stables.
He decided, as farther economy,
that his famous old racing cutter Irit.
annia should not be put into commits
sion this year. This, however. had an
effect upon which the king bad not cal
culated.
Britannia to Race Again.
The withdrawal Of the yacht from
the races in which II was customary
for II to take part In the past led to
other owners OF big yachts deciding
TO lay their boats up. IAN unfortunate
blow was thus hit at the sport. and
not little unemployment was caused
among those who had been accus-
toned TO mnn these large racing
craft. This aspect Of the matter was
brought TO the notice Of the king
when lie was staying at cowes re