King Edward VII was famous for numerous things. He was known as the Peacemaker for his great relationships with other countries; during his reign socialism started to develop in the UK, and he brought the crown closer to the people by taking part in public events and extending the amount of people that the royalty spent time with.
It is described as a carnival because everyone was stepping out of there house to watch his house burn down. This is similar to when you go to a carnival. Everyone is standing around watching.
