CHRONICLE. 



311 



creditors had now only to observe 

 the forms of the act of parliament 

 to ensure their payment ; but the 

 prince did not stop here, but in 

 providing for his own future in- 

 demnity, the particulars of which 

 Mr. Adam said he did not enter in- 

 to as not belonging to that place or 

 meeting, the prince had taken care 

 that if this voluntary regulation did 

 Hot efiPectuate the object, the legis- 

 lature was to be applied to. Mr. 

 Adam then said that the prince had 

 by economical regulations appropri- 

 ated as large a sum as his circum- 

 stances would admit, to discharge 

 this debt, greater in proportion 

 than he had been able to apply to 

 his own, which he was sure his own 

 creditors would justify, as from the 

 moment he undertook the payment 

 of the debts of the princess, they 

 were to be considered as debts of 

 honour. Mr. Adam then said that 

 the regularity ofthepayments might 

 be depended upon. There was an 

 event, however, of which some of 

 thecreditors had expressed a dread, 

 the calamity of being deprived of 

 the prince. Mr.Adaraassured them 

 that that event had been untliought 

 of by his royal highness. The prince 

 could not by law bind himself by 

 deed or note, but he had property 

 and rights which might be render- 

 ed available in case of the event al- 

 luded to, and these would be so re- 

 gulated that his royal highness had 

 the heartfelt satisfaction to think, 

 that no person would suffer ulti- 

 mately any lossby him. — Mr. Adam 

 said, this nearly comprised the 

 whole matter which he had to lay 

 before them, which would be most 

 satisfactory, he had no doubt, to 

 them, and would convince them 

 that every thing that could be done 

 for their benefit within the prince's 



power was done, and that without 

 hisroyalhighness'sinterventionthey 

 couldneverhavereceived any thing. 

 That their petition, without the 

 consent of his majesty, signified by 

 the chancellor of the exchequer, 

 would never have been received in 

 the House of Commons : and Mr. 

 Adam said that he knew that such 

 consent would have been refused. 

 So that unless the prince had spon- 

 taneously undertaken for the ar- 

 rangement of their debts, the cre- 

 ditors would have had no redress. 

 In doing this the prince stipulated, 

 that he should be fully indemnified 

 against future demands, a claim 

 which his royal highness was held 

 to be justified in making, because, 

 to the ^IjOOO^., there was to be 

 added the sum of 34,000/., which 

 the princess had received from his 

 majesty's droits of admiralty, mak- 

 ing together 75,000/. of debt con- 

 tracted by her royal highness ; 

 which, divided on the number of 

 years, exceeded by many thousand 

 pounds a year the greatest income 

 ever proposed for her royal high- 

 ness; that after the payment of 

 41,000/. had been undertaken by 

 the prince, and guarantee against fu- 

 ture demands arranged to his satis- 

 faction, Mr. Adam said, that to- 

 wards the conclusion of the busi- 

 ness, it was stated to him by the 

 chancellor of the exchequer, to be 

 by him (Mr. Adam) laid before the 

 prince, that the debt was 8,000/. 

 more than the 41,000/. This his 

 royal highness took also into his 

 most gracious consideration, and 

 gave his commands to Mr. Adam 

 to represent to those of the king's 

 confidential servants, who were en- 

 gaged in the transaction ; — " That 

 the main and principal object which 

 had uniformly directed his royal 



highnesses 



