"Royal Conspiracy Theory" is really a catch-all phrase for a number of Ripper theories, although most folks would automatically default to Prince Eddy, Gull, Netley and Sickert etc.
My own personal slant on the theory, though, focusses on links to servants of the Royals and financial czars.
It certainly has precedent recently with the Queen's Canadian air force pilot, Russell Williams. Hitler's mother worked for the Rothschilds.
Coincidence? Maybe not but, if either one was unknown, I would have found them first by researching the Royal family and the banking family.
Research has to start from what is know about the era and that would be collated in the vast histories centered on royalty and politics.
Do you have a better suggestion? Eye witness testimony?
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The Theory That Will Live On Forever
It seems to me that despite the efforts of Ripper researchers and afficianados of the case, this is the theory that the general public will accept above all others.
It lives on in countless fictionalized portrayals of the case. And this is because it's what the public wants.
The appeal of the case is based on the mythology - not the facts. The murders have been romanticized - Victorian gaslit streets, London fog, blood red sky, a mysterious murderer in top hat and cape carrying a gladstone bag stalking his victims in the darkness, and writing taunting letters to the police.
There is little appeal in the resolution to this story being that the killer was an impoverished, insane anonymous person. Therefore, the grand conspiracy fascinates the public.
The fact is, had the killer been apprehended in the immediate aftermath of the murder of Mary Kelly, this case would likely have little appeal to the public or even scholars.
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