Friday, April 22, 2011

Prince Hendrik's debts remain unpaid

April 22, 1901

The newly married Queen Wilhelmina is not happy, according to a dispatch to the New York Times.  It appears that debts accrued by her husband, the former Prince Heinrich of Mecklenburg-Schwerin, before his marriage.  He had promised "his creditors in Berlin and Frankfurt that he would pay one-third of his debts within a month of his wedding," but so far the prince has not paid any money to his creditors.

The lenders have not "formally applied" to the Queen, but she has declared that Hendrik "must pay his own debts" out of his state allowance.

Wilhelmina is also reported to be "very angry" over the news that the credits have formed a syndicate and "propose to negotiate" Hendrik's "paper on the Amsterdam Borse."

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