The Statesman.
London, England, 1809-07-17 00:00:00

PRIAVESS OF WASS.

Amongst other Meetings of Creditors—bet not
at Guildhall--a Meeting of the Creditors of her
Royal Memos the Princess. of WILD was held
on Friday last at the York lintel. .
W. Avast, Esq. Chancellor of the Dutchy of
Curnwall, stated to the Meeting, that the Prince's
Deputy Treasurer (hlr. GRAY, who was also pre-
sent) had ,regularly pad to the Officer of her
Itoyal Highness's household, the annual-allowance
of 12,0001. which he had voluntarily augmented
by the additional stint of 5,0001. to which, being
also added 5,0001. paid to her Royal HigriniAs
out of the Exchequer for personal expenars, her
aggregate income amounted to 22,0001. neat,
fur although the sum of 12,0001. per annum was
deducted at the Exchequer fro'm his own income,
he had directed the annual allowance to be paid to
the Princess, free f• ton any deduction in that
respect. Mr. Anus then explained to the Meet-
ing the various provisions 'of the Act of the 35th
of his present Majesty, by which his Royal
Highness wits protected from any persona! actiun,
declaring also, any bond or other obligaiJn from
his Royal Highness to be illegal, but rendered the
revenue granted to him liable to the demands of
his creditors under certain regulations,natnely,that
of delivering in their hills signed- in. three days
after every Quarter.day...and in case of non-pay:
pent, commencing their action within three monthi
(Iv* delivery..-. Mr. ADAM then stated, that to
prevent a recurrence of the present embarrassment,
His Royal Highness had expressly stiptilited, as the
co edition of his discharging her Royal li ighness's in.
cumbrances, that the income of her Roya I 11,gh nese
shoulJ hereafter, as to the payment of her credi-
tors, be put under the same regulations under
which the income of his Royal Highness had been
placed by the Act of the 35th. To this condi-
tion her Royal Highness had aiseuted, by the sig.
nature of a paper, and it would therefore remain
with her future creditors to secure themselves, by
a regular adherence to such regulations.
'I he Priocess of WAl,;as had already received
out of the Droils of elthnirally thirtylfour
thrtaeund polndc, which, added to .19,0001. the
amount of debt not:, remaining unpaid, made an ag.
. gregate of 83,0001. excess of expenditure above'
Der Royal Highness's income, which, divided by
the nuniber of years, made the annual expend!.
tire much larger than the largest sum ever pro.
posed or even desired for her Royal Highness.
li..yal ilighnrss had undertaken the pay-
ment of the debts of the Princess, thus amount-
He to .19,0001. in the full persuasion, and
on the express con:litho) mit he should hence.
forward be deemed to be exempt (ruin all re.
sponsildity it, this respect. The execution of this
undertaking he had commenced by the payment
of en instalment of 10,0001. which would besets-
ceeded bye second payment in January neat ;
and althourh his Royal Highness was p ft:-
eluded, by the Act of the 35th, frion mak.
lug himself respensible, by deed or bused, his
Royal Highness pledged himself to the goal
and complete liquidation of the present demand,
which he took upon himself as a debt of honour ;
and in event of his being prevented, by the mamas-
tearlable course of nature from persunally full!.
ling this ongegmetnt, the creditors might be assured,
that from his property and rights which might be
rendered available, this engagement would never.
tbeless be faithfully executed. Mr. ADAM added,
that he trusted the Meeting would not be insensi-
ble to the honourable anxiety which his Royal
Hieliness has n anifested tin the present occasion :
the engagement into which he had entered was per. '
fectly spontaneous ; and although it became ne.
cessary to impose upon -his own expenditure the
nog economical regnlrii.ins, and was in fact a
subtraction of income greater iu proportion than
that ts hieh hall burn appropriated to the payment
of his debt., his Royal Highness felt infinite gratifi.
(-4t:nit in at once satisfying the claims of the PRIN.
er.‘s's creditors, and of preventing those claims
;runt being cit.. c directly or indirectly burden.
;one to the public, at a period whcii the ex-
p •ntliture of the country was neectisorily so great.
Mr. IDA!.I, ire the course of• his Address, also
iiti:natcd, that any petitioixef the Creditors to Par-
liament would h.are been fruitless; as bu ch. petition
not have been revived by the House of
titteris wit;eiut tho previouS consent of his
.11.3jesty, officially signified by the
.Chancullor of
the Excheque.-, which consent, Mr. ADAM stated,
`l5 knew would have been refused.

The Creditors, sis may be supposed, are satisfied
at the prospect of getting their money at some time
or other ; and the publie•are expected to be sa-
tisti% d with the parade of their being preserved
frum any burden diree4l3, or indirectly; but in
.11. s expi.ctation, Ministers gill be deceived...a
more finery device was never used than this attempt
to persuade Joins Hurd., that from the payment
of the debts of the Princess of WALES out of the
ezonomical sayings of her princely consort, the
public will be ultimately preserved from any bur-
den directly or indirectly. We should like to
know whether this staunch old Whig, Mr. WM.
ADAM, preserved his usual gravity and rigidity of
,nuscle, w hen he was making this statement. Mr.
faux BOLL now knows su much of these matters;
that the elequence, even of Mr. ADAW, will nut
deceive him as to whose pocket this expenditure
mast come from, directly or indirectly. But
the gravity of the piece has been supported
Alt only by Mr. Annie, but by the CIiAMCELLOR
of the EICIIEQVSK—wIati informed the Prince
that although 41,0001. was the amount originally
stated, there arc bOOOl. more of which were
ignorant. " This also remains for&our Royal High-
ness to pay—but it must all come out of your
own pocket—for if the Creditors Petition the
House of Commas (as Mr. ADAM up), it
won't be received—for his MAJESTY'S consent
pill nut be given." Wry well, says his Royal
the main and principal object is to pre•
i.cnt in these times of great and necessary woo.,
moire any debt, Sic. becoming either directly or
cireoiinuslv a burden upon the country. Ott
these grounds it was given to be understood to
these of his *jetty's Ministers concerned in the
trunsaction,(eiterk) that his Royal Higlinesstrollid
gliontaneussly take upon himself tiro payment of

ac..‘

this 90001. niso.—We rejoice, to leer°, titat! the
nuesereutejusg claims on his Royal Highness arc
so far liquidated, that he can ,atford to enter int.,
a spontaneous engagement "to pay 49,0001.—The,
report *high has •for some time been in circula-
tion, of a very carious and extraordinary princely.,
obligation being unsatisfied,, we must now'. be-
lieve it to be incorrect—at which we sincerely re-
loice ; for in troth so many princely OiNM have
ately come before the public, that it were sound
policy not unnecessarily to compel the agitation
of such questioni.
The Droits of Admiralty form a au 1t conve-
nient, and, as it should seem, inexhaustible fund—
no less a sum than 34,0001. having-been drawn
from thence for the use of the Princess of V. &Les.
—Why not go one step farther, for there is plenty
left in this same fund, and pay the remaining
49,0001. at once, instead of impaling this econo-
mical plan of life on the Heir Apparent of the
British Monarchy. Perhaps the ingenious So-
-1 phistry of the CHANCELLOR of the EXCHEQUER,
who, it will be remembered, is the brother of
Lord ARDEN, Register of the Court of Admi.
ralty, may hereafter discover, that not only the
10,0001. already paid, but he. remainder of the
49,0001.. may tie paid out of the Droits, without
burdening the public either directly or intlirectly.
The suffering merchants and manufacturer,
whose goods were seised at Copenhagen, are,
however, sounresaopable at.to-think,.that if some
part of these same Droits were applied to the
remuneration of their claims, the justice of such
an application of the Droits of Admiralty would
be at least as little questionable as the various ap.
plications that have incidentally been discovered.
Ina word, it is im possible that the people of England
should not at once see the scope of this plan, and
a most ingenious and praise-worthy plan it is, of
paying the debts of her Royal Highneis, without
imposing any burthen on the public, either directly
or indirectly.

- TH& i'o4l FS MAN.