The Queen was in Glasgow when  she formally met Alex Salmond, Scotland's First Minister.  

EIIR:  "How nice to see you Mr. Salmond."

 AS:  "Nice to see you Your Majesty.  Now, what are we going to call Scotland when we win Independence?  

EIIR:  "Oh dear, one hasn't considered that yet!"    

AS:   "How about calling it a 'Kingdom' and then I will be King?  

EIIR:  "Oh Dear!  One doesn't think that is appropriate."    

AS:  "How about 'Empire' then I can  be an Emperor?

 EIIR: "Dear!  In one's dreams!"    

AS:  "All right!   So how about calling it a 'Principality' and then I can be a Prince?"  

EIIR:  "Quite Near, Mr. Salmond!   --  I think  we will let it remain a 'country' and you can carry on as you are."