Caption: (NYS-July 2)-IN ROYAL FASHION-Britain's Princess Margaret shows up at an 18th Century-style ball in London Wednesday night in what almost could be called a near-topless dress. The neckline dips to a corselet embroidered in gold and pearls featuring a large butterfly clasp pinned at the critical point. She wears a smokey blue wig matching a jeweled pale blue silk gown styled in the manner of two centuries ago. (AP Wirephoto by cable from London)(See AP Wire Story)(jtm50600pw)64, ERF, Princess Margaret.
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