As I watched the coverage of the UK’s much-talked-about Royal Engagement on CNN earlier this evening, I just could not help asking myself, ‘Where will this end?’ Forgive my unholy curiosity but if you know what I know, you will most likely ask the same questions. The last royal wedding in the UK cost so high. Even though the total expenditure was not reported, we now know that the engagement ring was worth £30,000 in 1981 (the equivalent of today’s £85,700). How large is the ring? Just the size of a walnut. What is it made of? 14 small diamond pieces surrounding a sapphire. Who made it? London-based crown jewellers, Garrard & Co. The wedding dress, with a 25-foot train, was worth £9,000 in 1981. That’s roughly equal to £25,700 today – £4,700 more than what many a full wedding would cost today. Today, the average cost of a complete wedding is estimated at £21,000. That is clearly extravagant and shows, to me, some misplaced priority. The day of the wedding was declared a national holiday in the UK; and the whole world watched in awe (the estimated live audience for that wedding was over 750 million) as the world’s most famous royal family took among its ranks a beautiful damsel by the name of Diana Frances Spencer. Fifteen years and two months later, the marriage, despite its extensive celebration, ended in divorce. The story here begs a plain question: rather than spend that much on the pomp and pageantry surrounding the wedding, shouldn’t much more investments have been made into fidelity and honour on which the wedding should rest?
Well, a reflection of values it is!
In case you don’t know, the world is beginning to talk about the cost of Prince William’s wedding and where the money will come from; and somehow, the Royal accounts are not smiling. Pundits say that if the queen is not careful about dipping into the reserve fund built for her in the 1990s, it will run out by her Diamond Jubilee in 2012. To that end, total Royal Household spending is to be cut by 14 per cent in 2012/13 based on the Queen’s agreement; the £50,000 Christmas Party of Buckingham Palace has been cancelled and demands are being made by The Department for Culture for a 25% cut in maintenance costs for the palaces and Royal travel costs (this maintenance cost alone costs the Culture Department up to £15m annually). To make matters worse, the Royal Wedding is expected to come much ahead of the Queen’s jubilee, adding pressure to the government's depleted purses and further threatening the Queen's reserve funds. I can guess what you’re thinking: Can’t they simply reduce this spending? Must the wedding cost so much?
Well, I don’t know but it’s a question of value systems.
Earlier this year, Sweden's Crown Princess Victoria married her personal trainer Daniel Westling. The wedding took $11.4m of Swedish public funds – even in the presence of economic crises and the ongoing debate in the country over the future of the monarchy.
What do you make of all of these? For me, it’s a simple question: what does value mean to you, to me and to them?
Supported with material from http://www.channel4.com/news/prince-williams-wedding-who-will-pay and http://en.wikipedia.org/wiki/Garrard_%26_Co
1 comment:
Belief system and value go hand in hand. Whatever you believe in determines your value system. Ostentatious living, I used to think, is a prerogative of Africans. Now I know better. It is actually the nature of human. We can however leave the world better than we met it if we think of the repercussions of our actions and inactions on others. This is a food for thought for the Royal Family in England.
Post a Comment