MONTE CARLO, kiirlo. A town in the principality of Monaco (q.v.), picturesquely situ ated on a beautiful and isolated elevation rising above a bay of the Mediterranean, a little over one mile northeast of Monaco. the capital of the principality (Map: France. 0 8). The climate is celebrated for its salubrity and mildness. The town is most attractively laid out as a pleasure resort, and its scenic surroundings are celebrated. The Casino, containing the gaming rooms to which Monte Carlo owes its fame, and the principality its welfare, is a splendid building amid beautiful gardens, and contains besides the salles de jeu, a luxuriously appointed sane des fetes, a reading room, etc. The chief games played are roulette and trente-et-quarante, with stakes ranging from 1 to 1200 and from 4 to 2400 dollars respec tively. The gaining tables of Monte Carlo are pat- ' ronized by people from all over the world, but are forbidden to the natives of the principality. The town was founded in 1856, and has been used as a gambling resort since its foundation. In
1863 the Casino was leased for fifty years to M. Francois Blanc, after whose death the control of the concern passed to the Societe Anonyme des Rains de al er et Cerele des Strangers, capitalized at 30,000,000 francs. The company besides pay ing the Prince an annual rent of $340,000, pays the expenditure of the Government, maintains the charitable and religious institutions of the prin cipality, takes care of the palace grounds, etc. The magnitude of the operations of the company may be judged from the fact that according to the budget for 1S96-97 the expenditures for that season amounted to $4.061,580. of which $633.100 were spent on the maintenance of the Court and the principality, $3,360,300 on the management of the Casino and its adjuncts, and $170,450 on press subvention. The town had, in MO, 3794 inhabitants, who depend for a. living on the patrons of the Casino.