The Hastings Standard Published Daily MONDAY, MAY 10, 1897. RECORD REIGN AND BUSINESS.

Hastings Standard, Issue 318, 10 May 1897, Page 2

The Hastings Standard Published Daily

MONDAY, MAY 10, 1897. RECORD REIGN AND BUSINESS.

For the cause that lacks assistance, For the wrongs that need resistance, For the future in the distance. And the good that we can do.

The expenditure of money both public and private next month in connection with the Diamond Jubilee celebrations •will be practically unlimited, and a rich harvest will be reaped by many. Those most likely to be benefited are, of course, those who possess houses on the line of the intended Royal procession. The figures agreed to be paid by rich but hungry sightseers are already being made public. The sum of £2OOO has, it is said, been given for one house in Piccadilly, while there are others in the market at even higher prices. Some small rooms in the vicinity of the route, but without a view of the procession, are commanding from £5 to £lO for the day for luncheon and breakfast use only. While the lucky landlords will thus make enormous profits, the luckless tenants are being put to much loss and inconvenience, especially on the south side of the Thames, where weekly and monthly tenancies are common. Notices to quit have been served upon the tenants, and they must vacate the premises before the great day in June. The landlords can afford the small loss of rent, as the average price of a window south of the Thames is £SO. Now it is by no means certain that the procession will follow the route mapped out by the officials. It may change at the last moment, and there are many circumstances that may contribute to this. In that case many of those who have paid tall prices for stands will lose their money. This probability has not been overlooked, and as a matter of fact it has been turned into profitable account by the insurance fraternity. Certain firms are insuring intending sightseers against disappointment in the event of any accident involving a change of route or abandonment of the procession to St. Paul's. By paying a fee they will be able to recover from the insurers the money paid for their seats in the ©vent of no procession taking place. The Record Reign celebrations are having a marked effect on the shares of certain companies. Thus the large influx of visitors to London is calculated to materially affect the revenues of certain railway train and omnibus companies The music halls and theatres will benefit greatly, and the shares of some of the theatre companies are in strong demand. Restaurants and hotels, too, will profit by the crowds flocking to London, and here again the shares of companies are advancing. Certain mineral - water companies are also likely to benefit. Indeed the possibilities of profit-miking during the next eight or ten weeks are finely calculated, and the enterprising are alert to all the advantages. The poor of London, the " submerged tenth," are also in the way of profiting by the Jubilee celebrations. For once, at any rate, they may rely upon getting a " square meal " of wholesome foad, and to provide this some of the Australian colonies are sending Home

frozen mutton, which the Colonial Consignment and Distribution Company offer to receive and deliver free of charge, while the shipping companies are willing to transport same at little or no cost. What a day the 'Arries and 'Arriets of Whitechapel will have ! We can well understand that the memory of such a treat as they will have and the gratitude they will feel by the remembrance of having once dined to fullness without fee will ensure their continued loyalty to the Sovereign whose record reign was the cause of their gastronomic satisfaction.