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A ROYAL OUTING.

EXPENSES IN TRIPPING ROUND EUROPE. The visit of King Ferdinand and Queen Marie to Paris and London has cost tho Government £ 130,000, state's the Bucharest correspondent of the "San Francisco Chronicle."

An additional expense was £16,000, ■which the Government paid to Colonel Greble, a representative of the Baldwin Locomotive Works. By some chance. Colonel Greble had arranged to appear in tho Courts the day before the Boyai departure from Bucharest and demaiia a sequestration order against fifty Baldwin locomotives on which the Government had suspended all payments for the last two years. As one of the principal objectives of the Royal visit was to sound out London bankers on a loan to Eoumania, the Government feared that Colonel Greble's suit would prejudice the prospects of the loan, and astonished the American by presenting him with £.16,000 back interest. It charged this, with other expenses, to the visit.

Colonel Greble, who ia a former aide to President Taft, is preparing to suethe Government for £400,000, due to the' Baldwin Locomotive WorkSj and to demand sequestration of his fifty engines..

The expense account of the Eoumanian sovereigns' two months' visit Bhows that the £130,000 was mainly spent on big dinners in Paris and London, hauling their special trains around Europe, and afternoon teas. The trip was a failure, because al] the London bankers refused to consider floating a loan to Eoumania as long as the Government continues to repudiate its debts and confiscate foreign property. As a result of the trip the King has decided to dismiss the Bratiano Government and call the new National Peasant Party into power. He hopes the new Government will secure Bolshevik recognition of tho annexation of Bessarabia.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19240813.2.100

Bibliographic details

Press, Volume LX, Issue 18150, 13 August 1924, Page 12

Word Count
284

A ROYAL OUTING. Press, Volume LX, Issue 18150, 13 August 1924, Page 12

A ROYAL OUTING. Press, Volume LX, Issue 18150, 13 August 1924, Page 12