The Daily Alaska empire., 1937-02-27
A KINGS FINANCIAL HEADACHE

Just because a man crown is no sign that he is free from financial worries. It seems that King George along with his crown, inherited head ache as to how to provide his older brother the abdicated Edward VIII
 Of course we don't expect to see George lose any sleep it. be forced to put the grocer off until next month but in Royal circles it may present just as bothersome problem.
 If along with his renunciaton of the crown Edward became mere commoner there would be nothing to it. He could write his memoirs indorse a cigarette (for much more than $1,000) even get a job But Edward is still Peer-he still belongs to the reigning family and such these commercial though lucrative, means barred to him.
 Two burning questions that seem to be causing difficulty are CD What property does the former King now own? and (2) What income has he to re- ceve?
 There are two kinds of property in the Royal family-National and private. As to National prop erty there can be no doubt, the New York Times points out Buckingham .and St. James Palaces in London Windsor Castle and Holyrood in Edinburgh Hampton Court and Kensngton Palace, and even Edwards favorte residence, Belvidere belong to the na ation and are maintained by Parliament and only at the disposal of the sovereign for the time being
 However private property is different matter. There is Marlborough House, handed down from Queen Victoria also Sandrngham in Norfolk bought by King EQWarQ VII III loOl lOI 9l,ouOUuU lHeIl there is Balmoral in Scotland.
 In the case of peerage, the property and title is inherited by the eldest son. Following this tradition the Royal property inherited by Edward through his fathe- George V, but the big question seems to be does he now lose this property along with the crown?
 It is taken for granted that he will not occupy any these private residences and any claim he may have on them will have to be settled in some other way.
 Some believe that Edward is amply provided for. He is said to have inherited a large fortune from Queen Alexandra, added to his former income of the Duchy of Cornwall-about $4500OO year.
 The second opinion is tllay the should be settled strictly among the House of Windsor with no help from Parliament and the third opinion is that Edward be treated by Parliament like his brothers, who unmarried received $5Oooo year and married s1175oo However the other day Labor members as well as Liberals and Conservatives agreed that Par lament should be left out-that any pension for Edward must come from George VI. Georges revenue-as King-runs to $2,250,000 a year but almost the whole of it is alocated by a committee of Parliament. There would be nothing for Edward there. Georges unalocated income, that derived from the Duchy of Lancaster and the Duchy of Cornwall (which he now receives since there is no Prince of Wales) to about $850000 year which sounds like lot ot money untH It IS lound that as King, out of this money, George must meet all claims other than Edwards He has to cover all deficiencies of the Royal family he cannot allow any member of the House of Windsor to make money by any professional commercial financial operation nor can he allow any of them to go into bankruptcy When considers the scale upon which the Royal family is forced to live and remembers that
 George has the responsibility of every members pock etbook from Queen Mary to the youngest grandchild $85000 doesn't look like such lot of money. How ever it is doubtful if the royal situation will reach the point of the King sauntering down the halls of Buckingham Palace, hands in his empty pockets whistling Brother Can You Spare Dime?"
 Tomorrow being Sunday, merit, at least until Monday in the sit-downers movement