Evening Republican, Volume 16, Number 32, Rensselaer, Jasper County, 6 February 1912 — RULERS IN TRADE [ARTICLE]

RULERS IN TRADE

Kaiser Wilhelm Holds First Place Among Royalty. King Gusts vus of Sweden Makes Money Out of Real Estate Deals —-A Pair of Royal Speculators —Some Are Inventors. London. —Monarchs are not always making money. And perhaps the kaiser should be given first place among reigning sovereigns for shrewd commercialism. He makes a strong point of cultivating the friendship of financial magnates, not only in his own but in other countries as well. . The kaiser has some very large holdings in the Hamburg-American steamship line. He is extensively interested in the diamond mine enterprises of German West, Africa. In connection with the vast forests comprised in the crown domains and on his private estates he carries on a large lumber business. His horse breeding establishment In western Prussia brings him in a handsome revenue. He is the principal stockholder in the lager beer brewery at Hanover. And he carries on an extensive manufactory of pottery on his private estates at Cadinen. Gustavus, the present ruler of the Swedes, is a total abstainer. On coming to the throne he disposed of his father’s extensive brewery Interests But he still retains many other profitable investments. He has money in mills and mines, and he seldom neglects to extol the virtues of the Grand hotel at Stockholm, in which he is by far the largest stockholder. He is a successful speculator builder. In this way: When property In the slum districts of the Swedish metropolis is going dirt cheap, along comes the king and buys It. And soon on the sites of the dilapidated buildings rise handsome houses and thoroughfares, which increase the value of the property many times over. Few monarchs have shown themselves cleverer managers of a wife’s property than the king of Denmark. By shrewd Investments he has already multiplied Its value many times. In a large number of his enterprises he Is associated with bis royal brother, King George of Greece, who possesses an immense fortune, which he owes

in a great measure to undertaking certain operations in American grain about 35 years ago, which the closing of Odessa and other southern Russian seaports to tbe export of grain, owing to the war with Turkey, rendered extremely profitable. From the sale of beer the prince regent of Bavaria draws- immense sums. Our own King George is another monarch who does not scorn to make money by side lines. From his model farms at Windsor, Balmoral, Sandring-

ham, he derives a handsome revenue and maintains a herd of several hundred superb cattle, which take prizes at agricultural shows all over the country. His majesty Is also keeping up the late King Edward’s horse breeding establishment at Sandringham, where, in addition to race horses, he raised hackneys, coach horses, carriage horses and hunters. Many of the scions of Europe’s reigning houses are in receipt of big sums from Inventions for which they have been responsible.