THE QUEEN'S FORTUNE.
Truth referring to the announcement that the Queen is about to make a new will says :■—" Her Majesty possesses an immense fortune. The estate of Osborne is at least five times as valuable as it was when it was purchased by the Queen and Prince Albert about forty years ago. The Balmoral property of Her Majesty now extends over 30,000 acres. Olaremont sras granted to the Queen for life in. 1866, with reversion to the country ; and Her Majesty purchased the property outright three years ago for £78,000. Probably its market value is not much under £150,000. The Queen also possesses tome property at Coburg, and the Princess Hohenlohe left her the Villa Hohenlohe at Baden, one of the best residences in the place. With regard to personal property, Mr Nield left the Queen oyer £500,000, and the property left by the Prince Consort is believed to have amounted to nearly £600,000 ; but thj} provisions of his will have been kept a strict secret, and the document has never been * proved.' The Queen must also have saved a vast sum out of her income* which has always been very well managed. Since the death of the Prince Consort, the general administration of the Queen's private affairs has been confided to Lord Sjdney, who is a consummate man of business. I have reason to believe that in due course application will be made to Parliament on behalf of the children of the Prince and Princess of Wales. Indeed, there is to* be a Royal mesiage on the subject of Prince Albert Victor'a establishment next session. The country will not, however, be asked to provide for the younger members of the Eoyal family. The Duke and Duchess of Edinburgh are already wealthy, and on the death of the Duke of Saxe-Coburg-Gotha they will migr ate to Germany ; but the Connaughts, Albanys, Christians, and Battenbergs will look to the Queen for provision ; and so, also, will any of the younger children of Princess Alice who may happen to make peor matches. It willHbe seen, therefore, that the Queen will have plenty to do with her fortune, large aB it undoubtedly is, and although in the event of her Majesty's death the country would be asked to provide for Princess Beatrice, yet she will naturally occupy an important place in her mother s will." -
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Bibliographic details
Temuka Leader, Issue 1244, 27 September 1884, Page 3
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393THE QUEEN'S FORTUNE. Temuka Leader, Issue 1244, 27 September 1884, Page 3
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