Note 149 — Chapter VI · THE MARRIAGE OF THE PRINCE OF WALES.
Reading edition
In 1795 the Prince of Wales was voted £138,000 a year. In the reigns of the Queen’s predecessors the revenues of the Duchy of Cornwall were absorbed by the Crown. But when the Prince of Wales was born, the Prince Consort, finding these revenues sadly encumbered, set them apart for the use of the Heir-Apparent. During his minority they had been so ably administered by Prince Albert that in 1862 they yielded a free income of £60,000 a year. This enabled the Government to cut down the Parliamentary vote to £40,000.