KING GEORGE’S SALARY

Taranaki Daily News, 28 December 1929, Page 9

KING GEORGE’S SALARY

SUM OF £lll,BOO A YEAR. — ■ i THE METHOD OF PAYMENT. / How is King George paid? Probably not one in 10,000 of the King’s subjects could answer this question. King George’s “salary” of £lll,BOO a year is paid quarterly by documents described as negotiable receipts,” which are handed by the assistant Paymaster-General to the King’s treasurer, who, in turn, pays them into the King’s banking account. ‘ - The other members of the Royal Family who receive money from the nation are paid in, the same way. They are the Duke" of York, who receives the equivalent of £25,000; the Duke of Connaught, who gets an equal amount; Princess Louise and Princess Beatrice, who receive £6OOO each; the daughters of' the late King Edward, £18,000; and King George’s younger children, who divide £26,000. - : The Prince of Wales gets no official salary, but as Duke of Cornwall he receives all the income from the duchy so named. This amounts to about £66,700 a year. Then there is the matter of the sal-' aries of the Prime Minister and the members of the Cabinet. They have no certain tenure of office, as have the president of the United States and the members of his Cabinet, but go out of office > whenever the Government of which, they are members sustains a defeat, either in Parliament or at the hands of the' electors. Are they reduced immediately - from some thousands of pounds —£5000, in the Prime Minister’s- case —per annum ? to nothing, or are their salaries con- : tinned for a certain time after the fall--of the Government? How soon do mem--bers of a new Government begin to draw pay, and by whom are they paid. An inquiry produced the following:-— “The salaries of Cabinet Ministers are;= paid monthly by cheque signed by the proper finance officer of the Department - ; concerned. Ministers’ salaries cease from the date on which the Primp Minister tenders the resignation of his Government to the King. In the case of fresh appointments the first advance of salary could be claimed on the last day of the month.” '