European Stars And Stripes (Newspaper) - September 12, 1987, Darmstadt, Hesse Agaz1ne has Monaco lost its glow by Mort Rosenblum associated press Thi Htu Ohr of or ref. Waliur Yea n is fresh a. The Pink mus placed daily on her Toni i Bui the re love Riho on Tnge Rit amp Princi ulily has Laoj into Iho workaday making of Money Monaco pulses with hard Edc Jod business steadily in Defiance of past speculation that the of Iho him Star Lunod Princess would bring on n depression we miss Hor terribly said Prince Louis de Polignac. Rel Rcd chairman of Monaco s hotel Casino Enterprise and a Cousin of Prince Rainier Iii. The widower As for predictions of Monaco s collapse to con nue his thought he motioned out inc window toward the Hole do Paris and inc Monte Carlo Casino Europe s posh esl Palch of real Clale. Framed by construction cranes now investments Lour so and Industry lend a Boom oven air to Monaco an enclave on the French Riviera near Italy no bigger than new York City s Central Park prime real estate Sells Tor $10 a Square Inch for a Princess Caroline of Monaco right with her third child Newborn son Pierre. Her husband Stetano Cas Reghl Center holds daughter Charlotte White her brother. Prince Albert left holds their son Andrea country of 5.00q citizens and 22,000 foreign residents Iacre Aie 36 bunks Al a disco called Jimmy z it uses Iho z purposely drinks Are $30 each. People once were drawn by the Romance of Princess Grace the Philadelphia bricklayer s Daug Hlor. Grace Ketty who loll movie stardom to marry a Prince. Five years ago on Scpl-14, Grace was driving Wilh her Daug Hlor Stephanie at her Side and missed a Sharp Lurn on the sleep Road from France. Grace died and some analysis cared for Monaco s future but people shall come in greater numbers than Ever americans make up a third of the visitors who spend the night Thuro Monaco fats no income lax and Woofley Copto arc Welcome to Settle convicted criminals Are excluded but fortunes need not be explained. Monaco remains As f. Scoll Fitzgerald Pul it a sunny place or Shady people Monte Carlo Beach hotel in Monaco. Sinca the death of princes Grace five year ago some say the principality ties lost much of its Glamour and excitement saturday. September 12. 1987 gambling provides Only 4 percent tit Monaco s income the reel is Horn soles taxes that Range from 7 to 33 percent and irom interest on enormous reserves Monaco has no unemployment no deficit and no dbl in just Over a decade inc annual Tai Dustral and business turnover has grown in to say the opposite to veto is some Lenng and it s not sic i ing around Etc re More Over Lill Monaco ctut1a j port but no one a Flint 5 Knock to who a in ,.v. I the Seaside Porner Ioc Othlie n ,-, Terr if dross veiled Lei Aalt is and Ojiri 3 i i nc a rav concede under a a --1 to to p irl tag lot the stars and stripes Pago 13
