At the moment of writing, the trend of events—notably the loan of £5 000 000 by the Bank of England to the Bank of Roumania and the statement in the “Petit Journal,” on the authority of M. Istrati, the well-known Roumanian statesman, that Roumania’s intervention in the war will take place in a very few weeks, points to an imminent development which may result in the addition of Roumania to the group of the Allies. In these circumstances, our portrait-studies of the beautiful Queen of that country, and her little daughter, Princess Ileana, are of exceptional interest, her Majesty being a daughter of the late Prince Alfred, Duke of Edinburgh. H.M. King Ferdinand succeeded to the Throne of Roumania upon the death of his uncle, King Charles.—[Photos. by Franz Mandy.]