Cocks letter diary, 1916-1919 / Verner Cocks - Page 539
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Transcription
[Page 539]
13.
Yacht in the harbour. Monte Carlo is built right opposite on the other side of the harbour and the Casino is the most imposing building right on the water's edge. We arrived in time to see through the Casino & all the gaming tables & rooms etc. Play commences each day at 10 am but only civilians can gain admission to the tables - the Monegascons themselves are not allowed to play. I believe the idea of a gaming house was started by a man named Schmidt (after whom the main room in the Casino is named) who made it such a success that the Prince bought him out for 2 million francs & built the casino of today. It is run now by a syndicate who pay the prince 7 million francs per year. This pays all the expenses of the kingdom & keeps the prince - the people pay no taxes whatever.
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