How does hank use king arthurs new standing army to help relieve the country of the burden of providing each newborn prince a royal grant
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From the text:
But I believed I saw my chance at last. I would form this crack regiment out of officers alone—not a single private. Half of it should consist of nobles, who should fill all the places up to Major-General, and serve gratis and pay their own expenses; and they would be glad to do this when they should learn that the rest of the regiment would consist exclusively of princes of the blood. These princes of the blood should range in rank from Lieutenant-General up to Field Marshal, and be gorgeously salaried and equipped and fed by the state. Moreover—and this was the master stroke—it should be decreed that these princely grandees should be always addressed by a stunningly gaudy and awe-compelling title (which I would presently invent), and they and they only in all England should be so addressed. Finally, all princes of the blood should have free choice; join that regiment, get that great title, and renounce the royal grant, or stay out and receive a grant. Neatest touch of all: unborn but imminent princes of the blood could be born into the regiment, and start fair, with good wages and a permanent situation, upon due notice from the parents.
All the boys would join, I was sure of that; so, all existing grants would be relinquished; that the newly born would always join was equally certain. Within sixty days that quaint and bizarre anomaly, the Royal Grant, would cease to be a living fact, and take its place among the curiosities of the past.
Connecticut Yankee in King Arthur's Court