The Sun.
London, England, 1863-02-19 00:00:00

POST-OFFICE SAVINGS BANK BILL.

The second reading was postponed until Monday.
ALLOWANCE TO THE PRINCE AND PRINCESS

OF WALES.

The house having gone into committee,

Lord PALMERSTON, amidst general cheering, rose—
the house being unusually full at the time—to propose an
allowance to the Prince and Princess of Wales, in order
to suitably uphold the state and dignity of their position.
He need hardly remind the house that they had the hap-
piness to live under a constitutional monarch, and that
in thhey!witnessed
the public of this country were now perhaps
more fully aware than at any former time,
force of experience of the blessings comprised in that form
of Government; but, in addition, they had now an elle
by the
lent opportunity of appreciating its value, by contrasting
their their Government with the evTiltesynsea:
passing
enEast some
parts of the world. (Cheers.)
of the evils incident to arbitrary sway, adnddets, tation v. hich
in the West the wide-spread misery.
and
republican were sometimes created by democratic
in-
stitutions. (Loud cheers,
Their institutions not only htircaopmpio.theaeaoapnpdodsiigtioonit.y)
freedom of thought, of speech,
1
(Hearauthority,
hear,)r
most perfect
on the
andt owerni
tjienyg the
a i
different from a people placed under
state of things vastly
the Lynchueudgicotvseronfabldeesnpioetnic.
The people of this nation enjoy those advantages
the control
Lawof theof
and their hearts would be directe 4 to the Almighty Dis-
penser of events with thw.kfulness—reverential thankful-
ness—tor the great benefits vouchsafed to them. (Hear,
hear.) And he was persuaded, too, that their bosoms would
be full of affectionate attachment to that Sovereign and
family under whose rule and beneficent sway, humanly
speaking, these blessings were vouchsafed. (Hear, hear.)
The noble lord then called Attention to the coming marriage

of the Prince of Wales, and having spoke the sentiment s
of the Chancellor of the Exchequer, when he expressed an
earnest hope that the marriage might lead to great domes-
tic happiness, an i caiize a long line of sovereigns. It was
well to look back and ascertain about what was done in re-
gard to mak ng a provision for former Princes of Wales.
In 1715 t e Prinee of Wales was allowed £lOO,OOO a
;fear, and a similar sum was allowed b the Prince of
Wales in 1745. In ono case—the second—this sum was
voted in addition to the revenue of the Duchy of Cornwall ;
but he could not exactly fathatn from the speech of Mr.
Pitt, in proposing the former grant, whether this was so or
no, but he imagined that that was so. Since these days a
considerable change had taken place in the value
of money. In 1795, when Mr. Pitt proposed the
allowance to the late Prince and Princess of Wales,
£138,000 was assented by the house, which included a sum
of money which was agreed to be devoted to the defrayal of
the Prince's debts, partly charged on the civil list and partly
on the consolidated fund. This reduced the income of the
Prince to about £60,000 or £70,000 a year, but in 1800
these debts were cleared off, and his Royal High-
ness then entered into the receipt of the full
income of £lBO,OOO. It was not the intention of the
Government, nor indeed the desire of her Majesty, that the
present application to Parliament should be guided by what
was done on that occasion. (Hear.) His Royal Highness
the Prince of Wales enjoyed the revenues of the Duchy of
Cornwall, and it was right to mention, b c use it re-
dounded to the credit of her Majesty and the late
Prince Consort, that whereas during the minority
of former Princes of Wales the revenues of the Duchy
were added to the available income of the Crown ;
in the present reign these revenues had been
carefully and studiously set apart to accumulate for the
benefit of the Prince of Wales. (Loud cheers.) These ac-
cumulations amounted to a considerable amount. Part of
them—£2oo,oo—had been invested in the purchase of an
estate in Norfolk, the rental of which, after deductions,
would be about £5,000 a year—he thought £7,000 might be
taken as the full amount. Hon. members connected with
land would understand the nature of these deductions.
(Hear, and laughter.) Some portion of these revenues had
been appropriated to the Prince's outfit, and there
would bo some expenditure in the erection of
a suitable building on the estate for the Prince and Prin-
cess, The income from the Duchy and the interest from
the accumulation referred to, might be taken in round
numb9rs at about £60,000 a year, Now, the Government
considered that £lOO,OOO a year would not be an unfair
sum to he 'appropriated to the maintenance of the dig-
nity of the Prince and Princess of Wales. (Cheers.) But
he did not propose to ask for more than a grant of £40,000
a year, as a charge upon the consolidated fund, for the
Prince and Princess of Wales. Those in th .t house who
were, unhappily, bachelors—(laughter)—would not re-
quire to be told that the Princess would have
a separate allowance. The Government there-
fore proposed £lO,OOO a year for the Princess—amounted
in the whole to £50,000 a year. (Loud cheers.) The
Prince had given his assent by at once altering the former
system of granting long leases at large fines on property
belonging to the Du .lay of Cornwall. The jointure then
agreed to for the Princess of Wales in the event
of her surviving her husband George the Fourth,
was £50,000; in the case of the Princess Alexandra
the Government proposed £30,000. (The noble lord re-
sumed his seat amidst loud cheers.)
Mr. DISRAELI supported the votes, and hoped they
would be passed unanimously.
After some discussion with respect to the resources of the
Duchy of Cornwall, the propositions were agreed to.

(LEFT SITTING)

SPORTING INTELLIGENCE.

TATIERALL'S—TIIIS EVENING.
LINCOLN HANDICAP.
Bto 1 agst Lopcatcher (taken and offerel)
10 to 1 agst Libellous (taken)
10 to 1 agst Sea Nymph (taken)
100 to 8 agst Douche (taken)
100 to 8 agst Hubert (taken)
NORTHAMPTONSHIRE STAKES.
11 to 1 agst Croagh Patrick (taken)
12 to 1 agst Grimstone (taken)
LIVERPOOL STEEPLECHASE.
100 to 15 agst Satellite (taken)
100 to 8 agst Jealousy (taken)
20 to 1 agst Shropshire (taken)
CITY AND SUBURBAN.
20 to 1 agst Gardener (offered)
28 to 1 apt Queen of Spain (offered)
40 to 1 agst Misfortune (taken)
40 to 1 agst Polynesia (taken)
TWO THOUSAND GUINEAS.
4to lon the field (offered)

NEWMARKET RACES,-THIS DAY,
HANDICAP STEEPLECHASE.

Oliver Twist 1
Molly Asthore
St. James

Six ran.
HANDICAP SWEEPSTAKES.

Sunflower
Antelope
Terry