Can anyone track this book down? Set during the Great Depression. Main character is a girl (Meg?) who becomes friends with a new neighbor (possibly Gwendolyn?) who is very snooty because her father has a good job. She has a fancy dollhouse with furniture and a scrapbook of the British princesses (Elizabeth and Margaret) they are both obsessed with. Later in the book, it gets found out her father’s good job was something illegal and he gets arrested, so they have to sell their belongings, are very poor, and leave the town in disgrace. Before leaving, she gives the doll house icebox and scrapbook to her friend, and apologizes for being so snooty.
I read this in the 80s, but it was an old book so could have been published in the 60s or 70s. Suggestion: The Majesty of Grace by June Langton