Burlington weekly free press. [volume] (Burlington, Vt.) 1866-1928, 1874-09-25

y
ENT-THE LATEST SCANDAL AEorT ALBERT
EDWARD.
Correspondence Of the New York Graphic
LONDON, Aug. 22.-There is ALWAYS
plenty Of scandal ailoat concerning oar
Princes; and the latest yarn is that the
Prince Of Wales is again compromised III
another affair of geLdnferfe. lis chief Ea-
vorite, till she was ''sold up last year, Is
said to have been the widow of gentleman
once bearing great name in the banking
world-a name which was on eyeryb1dy's
lips on that terrible '.Black Friday" The
present fayorite is said to be the most beau
tiful woman in England-a lady whose hns-
band Is well known in matters of Spanish
finance and banking. The Prince of Wales
owes nearly million of money. But it
must not be supposed that his favorites are
enriched by his generosity. The Prince, al
though on pleasure bent, has frugal mind.
1t Is probable that the antepenultimate lady
cost him something handsome. The story
is that he gave her 10000 year She
Is now living in Il very humble way, prob
ably at the rate Of $500 year. When her
establishment was broken up and sold by
her creditors there was a great rush Of par
ehasers, and competition for certain articles
In the house was lively.
The three principal creditors OF tie
Prince are the Duke of Sutherland Mr.
Poole, the tailor; and Mr.. Lawson the
principal proprietor Of the Daily Telegraph.
The Prince had about q million of pounds
saved up for him when be attained his ma
jority. He has ever since had an income Of
about El2O,oO0 pear. His wife is not ex-
trayagant. But now he is in debt to the
tune Of toj0,000 or II 900 900. and it x
great mystery where the money has gone To.
In about twelve years he has managed u
spend more than three and a quarter mil
lions sterling, or nearly seventeen million Of
dollars. lie Is anxious to get out Of
deht-or at least his creditors want their
money. He applied to the late government
for assistance, but they refused to do any
thing. He has renewed his application To
the present government. and the matter Is
under consideration. One Of the p!els lie
makes Is that much Of the money was spent
IN discharging duties that belonged to the
Queen. There is something in this but
then il it be 50, the Queen should pay it
and not the people. The Qaeen. | am told.
has occasionally given considerable sums to
thc frInce- just before tie marriage OF tie
Duke Of Edinburgh some Of the creditors Of
that young gentleman (who Is also in debit
pressed Tor their money. and threatened 70
make row about it il they were not paid.
The Queen came - the rescue and Iaid
900 cut of her own purse t. satisfy
these claims
At the next session Of Parliament a bin Of
some kind Will be introduced for the relief
Of the Prince Of Wales. Most probably II
will consist Of a vote Of money and an au-
thorization for the capitalization of the
revenues of the Duchy OF Cornwall for
certain number of years. These revenues
amount to E60,0O0 year. \ capitalist
would DO well to pay Ej0o, ,000 down and
take the revenues for ten years. BY these
means the money to pay the debts Of the
Prince might be raised. but he would in the
meantime be depriyedof hal. his income.