A Royal Proclamation of` Saturday last dealt with a question
that has long exercised the minds of our sailors. The Crown waives its ancient claim to part of the value of captured prizes. The whole proceeds are to be paid into the Naval Prize Fund for the benefit of the Royal Navy and Royal Marines, " When. the Admiralty shall judge that there is a sufficient sum standing to the credit of the Naval Prize Fund to warrant it, a• distribution shall be made." It is, we believe, the universal opinion of the Navy that the Fund has long been " sufficient," and that there has been needless delay in distributing it. We depend absolutely on the Navy for our existence. Its incessant activity alone enables us to carry on the war with success. A grateful public would be glad to know that the sailors were at last to receive the prize-money which they have earned by four years of unremitting toil
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