KING ALFONSO’S SAMPLES.
MADRID, March 15. A Spanish moving picture company has been formed here with a capital of £40,0(K), a part of which was subscribed by King Alfonso. This is the fifth film company formed in Spain. The King in this business, as in many others, has tried to stimulate Spanish industry. When he travels in foreign countries King Alfonso carries l>oxes of Spanish wines, olives, preserves, and minced sausages- his favourite gifts to his friends, to whom he recommends the articles, contributing to the popularity and extension of Spanish business and
production. [t was largely due to the King’s capital that the Hotel Ritz, Madrid’s first fine hoteli was built. About three years ago a Spanish engineer went to King Alfonso and explained his scheme of building the Metropolitan Railway to solve the transport difficulties in Madrid.
“What capital is necessary?” asked the King. “Ten million pesetas (£400,000), sire.” “I subscribe for one of the ten,” replied the King. He gave the engineer a list of names of Madrid and Bilbao people recently ennobled, to whom the King himself wrote in his own hand, and fixed the amounts which he judged they would subscribe. The whole 10,000,000 pesetas was obtained in a very short time and the railway built.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/HOG19210514.2.27
Bibliographic details
Ngā taipitopito pukapuka
Hokitika Guardian, 14 May 1921, Page 3
Word count
Tapeke kupu
211KING ALFONSO’S SAMPLES. Hokitika Guardian, 14 May 1921, Page 3
Using this item
Te whakamahi i tēnei tūemi
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in