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Collection	George IV Calendar as Prince, Regent and King
Reference	GEO/MAIN/38673-38675
Record Type	Correspondence
Title	Letter from Lord Loughborough to George, Prince of Wales on enclosing a memorandum on the debts of the Prince and his brothers and the necessity of a loan for their repayment
Date	20 January 1792
Writer	Loughborough, 1st Baron
Addressee	George, Prince of Wales (1762-1830)
Description	Signed. Encloses (GEO/MAIN/38674-38675) on the Princes' debts and proposal for a loan. Loughborough states that the discontent likely to be caused by a payment by Parliament 'would for the present be a greater evil than the continuance of the debt', while a loan would give an appearance of 'publick confidence'. The loan proposed is based on £20,000 being paid annually out of the Princes' income in order to raise a sum of £300,000. Refers to George, Prince of Wales's declaration 'to cut off the boundless expences of Newmarket'.
Language	English
Extent	2 documents (3 pages)
Physical Description	Loose manuscript paper; mounted
Access Conditions	Available in surrogate form only
Document Image
Publications	Published in A. Aspinall "The Correspondence of George, Prince of Wales 1770-1812" (London, 1964) Vol. 2; no 647
Level	Item
Credit	Crown Copyright

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