The evening world. Newspaper, June 29, 1922, Page 27

ela Er RAK RETCRREREERD Prince Louis Honore, Who Succeeds His Father, the Late Prince Albert I., as Ruler of Monaco, From Soldier of For- tune Becomes Overlord of World’s Most _ Famous and Spectacular Playground and Now Has the Softest Job on Earth. we By J. B. Calvo. ‘ @opyright, 1922 (New York Evening World), by Prows Publishing Company. mq) RINCE LOUIS HO- a] NORE of Monaco. who has used tho world as his play- ground and whose “escapades have mado history along the boulevards of Paris, has inherited Monte Carlo, world’s Sreatest gambling resort, where yearly huge fortunes change hands and the ‘kitty’ leaves a net income of $5,000,000 a year to the owners of the Casino, after all Monaco's run- ning expenses are paid. Prince Louis is heir to his father’s title and rule and, what is more, the neatly invested private fortune of the @ late Prince Albert Honore Charles, a fortune conservatively estimated at $20,000,000. He inherits sovereignty over Monaco, a jewel of a country that includes only eight square miles basking in the golden sun by the blue Mediterranean, and ts rated the richest as well as the smallest coun- try in the world. With this sovereignty Prince Louis » imherits the palace at Monaco, one of the most richly furnished in the world. He inherits his father’s huge share in the stock company that owns the Casino at Monte Carlo. He inherits his father's interests in @ score of hotels, shops and other enterprises that crowd the sunny streets of Monte Carlo, Monaco and Condamine, the three towns of the Principality. He inherits his father’s famous yacht, in which the late Prince made researches that rated him the foremost oceanologist of the world. To capitulate the resources of the Prince of Monaco he will inherit the following: A private fortune, well invested in France, of $20,000,000, yielding a year- ly income of not less than $1,200,000. A guaranteed income for the con- cession at Monte Carlo of $400,000 a year wntil 1927, when it increases to $450,000 until 1937, when ét increases to $500,000, An income from postal and stamp fevenue of $800,000 a year. An income of $1,000,000 a year from WP? 2 share in the company controling the casino at Monte Carlo, Ah income of $500,000 from his share of ownership in hotels and shops within the principality. A famous chateau at Marchats, De- partment of the Aisne, France, noted ae one of the most beautiful and one of the most Iuwurious of French chateaus. The magnificent palace at Monaoo, Equality with the reigning mon. @rchs of Europe and the world, This is the plum that has fallen into the lap of one who often in the past—even in days when his father obdurately cut his allowance to a few hundred thousand dollars a year—hes been called a child of fortune. What does the Prince of Monaco have to do to earn the pay that goes with this softest job in the world? Nothing, absolutely nothing. That is why It Is called the softest job in the world. Monaco {s like no other country In the world. It is governed by an ubsolute if a benevolent despotism and yet the 16,500 inhabitants of the principality pay not one cent in taxes. The upkeep of roads and streets, the financial burden of municipal and state administration, all this comes from the rich coffers of Monte Carlo, where the most of the inhabitants are employed at gratifying wages that leave them no complaint. ‘The will of the ruling prince is the law of the land. There is no Partia- ment to annoy the monarch of all he surveys, ‘There is no cabinet to bring embarrassment. There is a Council of tate, but it Is appointed by the Prince, and 1s subject to his whims, aud must keep in his goud graces to naintain its tenure. ‘There is a con- stitution, but it guarantees little, for the welfare of the population ts u ining guaranteed by only one olrcum- s:ance, the prosperity of the Casino at Monte Carlo. ; Titular and absolute ruler that he ww, this occupant of the softest Job in the world is spared the annoyance sf odministrative cures and anxieties of state. He appoints a governor general to serveut his will, and he aprointe tue maire and all the municipal func- tionaries, who are few, inasmuch as there Is litle to function. These, too, serve only at his ploasure. The law of the land {s administered by a court of first instance, and a juge de paix, and any appeal from ‘hese is not taken to interrupt the tranquil ex- intence of the Prince, but is adjudl- cated, by special arrangement, by twe French jurists. Thus the Prince Is relleved of this source of possible an- boyance. Crime is a thing unknown !n Mon- aco, for in a land where every one 18 well provided for, why should there, be crime? In the raré instances where there have been murders or robberies the criminals haye been sent to France for incarceration, since there are no jails in Monaco. There being no crime there are, of course, few police, Perhaps this is why thore 1s so little crime. There is an army, resplendent In uniforms of the most brilliant hue, to accord the ruler the pomp and ceremony befitting his ex- alted rank. The late Prince of Monaco wor- ried little with affairs of state, but found occupation for hie admitted mentality ‘by his oceanographical re- searches. He toured the world, thrice visiting the United States, once in 1868 as a sailor in the Spanish navy, once in 1913, to shoot big game in st Me nage i thea pane The Prince of MONACO'S Yacht “Hirondelle” Pi cA 8 \ tee, Wyoming at Col. William F, (Buffalo Bill) Cody's ranch, and again in 1921, when he received the Alexander Ag- assiz gold medal trom the Nationa! Academy of Solence, and @ similar honor from the National Geograph- foal Soolety, for his researches in oceanography. While he was enjoying this softest Prince Louis of MONACO Sak \é t De ‘Otesnograpric Museun) at MONACO, THE EVENING WORLD, THURSDAY, JUNE 29, 1922.” HEIR TO MONTE CARLO, $3,900,000~A YEAR INCOME Absolute Sovereignty Over World’s Tiniest Principality of jobs im the world, Is son, the Present Prince, was larking it about Paris and over the world In general, having served as a Captain in the French Army daring the African campaigns, and having met with ad- venture in many out of the way cor- nere of the globe. Prince Louis is a son of the late Prinoe by @ first marriage with Lady Mary Douglas Hamilton of England, in 1869. Lady Mary was forced into the raarriage and tt proved unhappy and ten years later was annulled, although the son of the marriage, Prince Louis, was legitinatized and became heir apparent to the prinot pality, Curlously enough, the pres ent helr apparent to the principality fs a child that forma) decree has legitimatized, the Duchess of Valen noia, love-child of Prince Louis and the beautiful Mlle, Louvet, at one time the reigning queen of beauty ip The CASINO at Monte Carlo ah the gay night parties of the Monte Marte. Prince Louts was for a time a great favorite of his father, but as he ma- tured and embarked upon some of the escapades for which he later ac quired fame, his father looked upon him with disfavor, and cut his allow- ance to a mere pittance of a few hun- dred thousand dollars a year, so that Prince Louis got Into fnancial dif- floulties and it was necesrary for Prince Albert to pubiish through all Europe that he would not be respon- sible for his son's debts. It was then that Prince Louls took a commission in the Chasseurs 4’ Afric to re- trieve his fallen fortunes, and he had many adventures serving with the French in the African campaigns. Later the Prince became, in « measure, reconciled with his father and returned to France, where ta Paria he maintained a notorious love nest for Mile. Louvet, who bore him a daughter. They quarreled and Prince Albert again quarrelled with his son when the laison became puh lic, hut Jater Prince Louls kidnapped ) his daughter in a sensational manner from the streets of Paris, carried her to Monaco, where the child capti- vated the heart of the aged ruler and recone! m with his son. In the World War Prince Loute served most creditably in the French army, attaining the rank of Lieuten- ant nel of the First Regiment, the cr orps of the famous For eign Legion. He received three pro- motions to the rank of Officer of the Legion of Honor, which he won on the battlefield, and other citations. But the ice's days of soldier of fortuning have passed, for he now is 52 1 content to look forward to a ite greater ease and less excite- ment than that which he has ens joyed. He is a bachelor but is exe nely devoted to hia natural daughe who will succeed him as ruler of principality, and ‘doubtless. it te with a sigh of relief, not less than am inward smile of satisfaction, that he contemplates the golden coffers of Monaco and its rich Income and takes up his tenure tn the softest job in thm world,