BRITAIN: A Queen's Ransom

After a short stop in the Bahamas, Queen Elizabeth II, accompanied by Prince Philip, made an official visit to Mexico last week aboard the royal yacht Britannia. Meanwhile, back in Britain, some of her more disgruntled subjects in the House of Commons were wondering how much longer the country can keep her ship of state afloat in the style to which it has become accustomed—upkeep of the Britannia alone averages $19,000 a day. At issue was the Queen's request for an increase, from $2.3 million to $3.3 million, in the Civil List, the government-provided allow ance for the royal...

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