THE QUEEN'S INCOME

Ashburton Guardian, Volume VII, Issue 1647, 27 August 1887, Page 2

THE QUEEN'S INCOME

* Coiflicting Btatementßand opinions have been made and given regarding the Queen's inoome, and no doubt it will surprise many to learn that Her Majesty's emoluments are considerably leas than that of previous Sovereigns. In the reign of George I. it was at times as much aa £1,000,000 Bterling, In 1777 it was £900,000, and any income beyond that sum proceeding from the hereditary possessions of the Grown passed to the Treasury. The present inoome of the Crown is regulated by the Ist and 2nd Victoria, cap. 2. Thia Act distinctly recognises the fact that the hereditary rates, dutieß, payments, and revenues m England, Scotland, and Ireland belong and are payable to Her Majesty, and goes on to state that Her Majesty had been graoiouely pleased to signify to Parliament that she places the same unreservedly at their disposal, feeling confident that the House of Commons would make adequate provisk n for the support of the honor and dignity of the Crown. It ia enacted, therefore, that the hereditary revenues shall be carried to the credit of the Consolidated Fund, and that the cloar yearly Bum of £336,000 shall be paid out the of sama for the above object?. The manner m which tho Royal Income Is to be applied is strictly defined as follows : — H.M. Privy purse £60,000 Salary to H.M. Household and Retlrei Allowances 132,260 Expenses of H 91. Household. .. 172,500 Royal Bounty, Alma ; and Special Services 13,200 Unappropriated Moneys ... 8,040 £386,000 This arrangement laata during the present reiftn, and is not unfavorable to the nation, since the Crown estates had produced an •noual rental about equal to, if not greater, than the amount of the Olril Llat. Her Majesty also enjoys the revenues arising from the Ouohy of Lancaster estates amounting m 1884 to £45,000. As various statements have been made by more or leas responsible persons on the subject of the ftontnbutlon made by the Qieen m the form of taxes, it may be well to state that, aa a matter of faot, inoome tax is paid by Her Majesty's oommand upon her private estates, upon the Civil List of Her Majesty's privy purse, upon the sum allotted to the expenses of the household, and upon the uaexpended^and appropriated money arising out of. the remaining elaaiea of the Civil hut, iggggQl