Bob
Campbell wrote about that as well - Reconstructing a Great Links. That was a little later around 1950. One of the more bizarre projects, half the holes designed by Campbell and half the holes designed by John Morrison.
"Here is the story of Prince's revisions, up to date.
Some two years ago, John Morrison and I were seperately commisioned to submit planned proposals for the reconstruction of Prince's links. The terms of reference were broadly:--
(1) To use as much of the original layout as possible, but to provide for 27 instead of 18 holes
(2) To arrange for two starts and finishes from and at the original clubhouse
(3) To arrange for three starts and finished from, and at, Shingle End, the site of the old coastguard station and houses destroyed during the war, so that in the event of a clubhouse being built there, three loops of nine holes would start from and finish at that point.
(4) To arrange for a practice grounds, (pitching and putting) coursrs, and turf nurseries.
(5) To make provisions for proper crowd control, and vantage points and good visiblitlity for spectators."
They submitted separate plans and although the Board liked aspects of each scheme it was not prepared to accept either in its entirety. They asked both architects to visit the site together, and it was at that time they agreed to work on the project together. So to answer your question I would say the financial difficulties did affect Prince's, but not in the adoption of those four Campbell suggestions, but in the fact that Campbell and Morrison agreed to this bizarre collaboration. I doubt either man would have agreed to that under normal circumstances.