  Relations between nucleon, $\Delta$ and nucleon-$\Delta$ electromagnetic
properties associated with chiral physics which have been derived in a pure
large-$N_c$ limit are greatly modified in a combined large $N_c$ and chiral
limits; the large $N_c$ relations are valid for $(M_\Delta-M_N)/m_\pi <<1$. The
E2/M1 ratio for the nucleon-$\Delta$ transition is shown to scale as
$\epsilon^{-1}$ (with $\epsilon\sim 1/N_c$, $\epsilon \sim m_\pi/\Lambda $ with
$\Lambda$ a typical hadronic scale) in the combined large $N_c$ and chiral
expansions as opposed to $N_c^{-2}$ in the pure large $N_c$ expansion.
