Dowry
Emperor Alexander II provided his daughter Maria with a substantial financial settlement. Contemporary newspaper reports in London provided a detailed overview of the provisions in the marriage treaty between Great Britain and Russia, which addressed the couple's financial arrangements. According to The Times, Maria would receive the following:
1,000,000 roubles (approximately £150,000), as fixed by the fundamental laws of the Russian Empire for the daughters of emperors. The capital was to remain deposited in Russia with the Department of Appanages, paying an income of 5% (50,000 roubles, or about £7,500);
An additional 75,000 roubles (approximately £11,300) per annum, as a mark of the Emperor's “particular affection, which is not to be considered a precedent for the future”;
A special marriage portion of 1,000,000 roubles (£150,000), with the capital also remaining in Russia, paying an income of 5% annually (50,000 roubles, or about £7,500, paid half-yearly); and
Maria was also to retain control of her private capital of 600,000 roubles (£90,000).
The annual income from the first three provisions amounted to 175,000 roubles (approximately £26,500), exclusive of Maria's private fortune of 600,000 roubles (£90,000), although fluctuations in the rates of currency exchange rendered 175,000 roubles as being worth approximately £17,500 during the early decades of the 20th century. The treaty also specified that Maria was at liberty to make any contribution to the couple's household expenses as she pleased, but that the debts and obligations of their household would not be common to them both. If Maria outlived Alfred, she would receive an annuity of £6,000 from the British Civil List.
If Maria predeceased Alfred leaving children, her marriage portion and private fortune would be appropriated for their benefit. If she predeceased him without children, Alfred would receive a lump sum of 250,000 roubles (£38,000) from the 'ordinary' marriage settlement, and would enjoy from the remaining portion of the ordinary settlement during his lifetime, after which it would revert to the Emperor of Russia. The “special” marriage portion would revert to the Emperor immediately if there were no children.
Prince Alfred had previously been granted an annuity of £15,000 from the British Civil list in 1866, which was increased by £10,000 to £25,000 on the occasion of his marriage. Consequently the couple's income at the time of their marriage was approximately £51,500 annually, exclusive of Maria's private 600,000-rouble fortune.
Emperor Alexander II also bestowed on his only daughter some of the best jewels owned by the Romanovs, including the sapphires he had inherited from his mother, Empress Alexandra Feodorovna (née Princess Charlotte of Prussia) and a parure that had belonged to Catherine the Great. As a wedding present, the Emperor commissioned a complete parure of diamonds and Burmese rubies from the court jeweller Bolin. Her other pieces of jewellery included a kokoshnik made of diamonds, which could also be worn as a necklace. George Greville, 4th Earl of Warwick later recalled that "I saw the finest jewels I have ever seen in my life" when he visited Maria's home in Eastwell and that "One would have thought that the world had been ransacked to lay these treasures at the Duchess’s feet, and there seemed to be enough for an entire royal family rather than for one member of it.” Alexander II gave Maria an extravagant trousseau that cost £40,000. It included "50 magnificent dresses, not including ball-dresses, to say nothing of the splendid furs and lace at 1,000 roubles a yard." He made Alfred honorary colonel of a Russian guards regiment and even named a Russian battleship after him – the Gerzog Edinburgsky.
A week after the engagement, the proposed Anglo-Russian alliance experienced its first crisis. Queen Victoria asked the Emperor to bring Maria to Scotland, so that she could meet her future daughter-in-law. Alexander II refused. The Empress suggested that they all meet in Cologne, instead. Victoria called it "simply impertinent" that "I ... who have been nearly twenty years longer on the throne than the Emperor of Russia ... and who am a Reigning Sovereign ... should be ready to run to the slightest call of the mighty Russians ... like any little Princess." Victoria also made herself unpopular by refusing the Emperor's offer to make the Prince of Wales colonel of a Russian regiment, and by demanding that an Anglican marriage service be held in Saint Petersburg alongside the Orthodox ceremony. But Maria looked forward happily to her marriage: "How happy I am to belong to him. I feel that my love for him is growing daily. I have a feeling of peace and inexpressible happiness and a boundless impatience to be altogether his own."