THE HUNGARIAN *NOTE FORGERIES.

OFFICIAL STORY OF THE FRAUDS,

A long official communiqué, of which the following is a summary, was issued at Budapest last month in regard to the amazing plot for the forgery of Bank notes, to which a large amount of space has been reccutly devoted in the papers of Europe:-

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THE HONGKONG DAILY. PRESS, THURSDAY, FEBRUARY 18гa, 1926

ARCHDUKE'S SPEECH.

The suspension of the democratio organ, Filag, by the Budapest Govern ment was ordered in consequence of an article which caused a great sensation by purporting to reveal the political and international plans of the Right Wing Radicals and thefollowers of the Archdale Albrecht. When, on 'November 18th last, the latter was solemnly elected president of the Union of Magyar National Associations, and took over this In the middle of December. on office, he delivered a speech in the course

of which he said that the country, ns. regards external matters, had a great task before it the irredentist pre paganda abroad. There was not a single

not regard the restoration of the old union, he added, must take action, be frontiers as his national duty, The

cause the hands of the public func- tionaries ware bound by the peace treaties. He undertook to submit to it at no early date preciso and detailed best be realised abroad. plans as to bow its irredentist airus could.

receipt of information from Austerdam of the arrest of Hungarians with forged

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«COUNTRY GIRL TO QUEEN. CAREER OF MARGHERITA OF.

ITALY.

POPULAR AND BELOVED FIGURE.

Queen Margherita," the Queen Mother of unrivalled splendour, and magnitude of Italy, whose death took place last offer infinite allurements to wealthy meath, is described in an obituary notice tourists, Americans have created a situs as a woman of strong character, air tion so fantastic as to suggest the topsy- ardent mountaineer, keep motorist, turvydom of a comic opera rather than and a writer of mystic stories which she anything possible in real life. "'***

never published.

he was born seventy-four years ago The daughter of the Duke of Genoa,

French 1,000l. notes in their possession. Magyar throughout the world who would ing the rainbow" in search of the un-among the hills of Saroy, and her up-

the Hungarian police immediately start- ed enquiries here which, on the instruc tions of the Minister of the Interior, they extended to cover a wide field of search. On December 21st details ware. received from the Procurator-General in Amsterdam that Jankovitch, Marsovszky, and Mankovitch had been arrested with 7,500 forged 1,000f. notes in their pos- session. The confessions of these "men incriminated M. Nafossy, the Chief of Police here. On this account the Minis ter of the Interior at once excluded the Chief of Police from any participation in the police action in the case. The. finding of one intse 1,000f. note in the National Bank here, fed to the arrest of Prince Ludwig Windisch-firaetz's servant. Kovacs. This arrest was follow ed shortly afterwards by that of Prince Ludwig Windisch-Grnata's private secre- tary, who was found to have been in telegraphic commingleation with the men arrested in Holland.

Within the past six months, so it is estimated, something like 2,000,000 men and women have left their homes in the North and Middle West and gono "chas- earned incremont. In other words, they have become infected with ." Florida Frenzy," which causes its victims to buy and well realty in the belief that they can thereby acquire immediate' wealth.

The dimensions of the craze are: such

as to stagger credulity. Every day 160 trains and many vessels unload in the chief towns of the State multitudes of fortune-hunters, and every day thousands of motor-cars and lorries laden with speculators, furniture, food, and building supplies congest the great highway which leads to Miami, the headquarters of the gamblers in fand.

A "Filey published the contents of the plans referred to. They were ready even before the Archduke Albrecht made this speech, and several of his con fidents had already then gone abroad to knew that their purpose was to isolato prepare for action. These confidants France internationally, and that this

So terrific is the congestion that the purpose could be most safely achieved if France were brought into an economic

railways have, been forced to declare a crisis. The Little Entente must be depriv-freight embargo and the chief towns to establish suburbs of tents, wherein at the

than present moment möre

600,000

ed of the suppert of the Great Powers. One who was present at these confidential discussions, and who had been sent on A secret mission to the South European States in connection with the forging of the bank-notes, stated that this plan for the inflation of the franc had been accepted as its own by the military camarilla, that is, by persons in Regent Horthy's entourage, and that the at- titude of the military camarilla afforded proof that these highly-placed persons were among the supporters of the plan. In addition to this, A Vilag published On January 3rd . Nadosy appear. the information that Raba, the secretary ed of his own volition at police head-of Prince Windisch-Graetz, had been to quarters and made a statement which led Germany, where he acquainted the the same day to the arrest of Prince Bavarian Fascists with this action, and Ludwig Windisch-Graetz, followed on the had received from them the plates for the The discovery of forging of French 1,000, notes, which ext day by his own. the designer of the notes and his expert had been manufactured during the war accomplices ensued and parts of the, in Germany. med-down dies were found in the cellars of the Cartographical Institute. Next come" the report. of the arrest of

RINGLEADERS ARE GREMANS." Olehvary in Hainburg, that of his

Count Joseph Karolyi, the Hungarian brother here. and another man named Legitimist Deputy, is at Bordeaux, and Audor, who was arrested on his return in an interview he has given to the From Milan. The aries are given of Matin he declarea that the Hungarian the 24 persons under arrest. three nobility are not implicated in the forged Holland, our "in Hamburg, and the

remainder here.

COUNT KAROLYI'S VIEW. ?

French bank-notes scandal. Apart from

Count Bethlen, whom he considers to be With the exception of the note men, an honest man, he says the present Gov- tioned and of 100 false notes deposited ernment is composed of new men, called in a bank here as security for a ban. no from modest positions to occupy high notes were circulated in Hungary. The State positions. Count Bethlen had the whole idea was Prince Ludwig Windisch courage to put aineteen persons alleged Graetz'a By alleging patriotic motives to be connected with the scandal in b was able to get the help of Nadowy prison.but Count Karolyi considers and of assistants of the Cartographical that two hundred and fifty could have Institute, where even the paper was been arrested, Hungary, and especially irade. Twenty-five to 30 thousand false the Legitimists, must not be confounded notes were turned out altogether. Dis with this hand of criminals," which, tribution of the notes for circulation was he says, includes swindlers and persons completed early in December, and the recruited from unhappy people who since distributors started in two groups, one, 1910 have lived by lamentable expedients for the Northern States and the other He considers that the ringleaders. Lre for Italy. When the first arrests" were Germans belonging to the Nationalist made Prince Ludwig Windisch-Graetz party, who for a long time had the idea telegraphed to the ether distributors to of using spuriuys money in order to aid return home at once, and steps were their Monarchical projects. Not being taken to destroy the remaining notes and, able to work in Germany, Count Karolyi plant."

Most Hungarians believe; says the Times correspondent at Budapest, that "some political motive was behind the scheme, and there is evidence that responsible persons suspected that some- thing was happening before the present exposures were made. This is more of less the point of view taken up officially by the Socialist Party, which has passed a resolution demanding the clearing up of the malter, without which, the resolu- tion states, there can be no real feeling of internal security in Hungary,

POLICE CHIEF'S ARREST.

SUICIDE ADVISEDI

Says that for severel months the

Nationalists had transferred their ac, tivity to Hungary. He adds that the idea of using spurious money to further polities emanates from the old adjutants of General Ludendorff. They are the aworn enemies of our Queen and King Otto. They desire to make Hungary vassal of Germany the forgers and conspirators of Munich and Buda pest are our adversaries as they are

yours."

The "Mutin alab publishes from its Strasbourg, correspondent à message des

the adventurous career of cribing Brince Windisch-Graetz". During the Russo-Japanese war the Prince was on the Japanese side, and, it is alleged, crossed the lines and was captured by Bhaps the nest interesting Fer the Russians, escaped, and went to the sonality now under arrest as an alleged United States. Returning to Hungary, accomplice in the Ilungarian note for he left for Africa, where he hunted lions, geries, says a diplomatic correspondent, and afterwards teck service with Slatin is the ex-chief of police, for the whole of Pesha. Returning to "Hungary again. Hungary, M. Nadosny. In view of his he married and entered politics, and past and his close association with the vehemently combated the policy of all the Regent, Admiral Horthy, it appears that Foreign-Ministera. After the annexation in accordance with a tradition common of Bosnia and Herzegovina- he started Among Hungarian officers a warning was for Serbia disguised as a café waiter," given to M. Nadossy of his impending and as such did espionage work and went afrest and prosecution, and a respite back to Hungary. In the late war he was granted him, accompanied by was the confidant of the then Heir, the friendly intimation that he would do Archduke Karl, and at a secret sitting well to avoid apprehension and disgrace of the Chamber of Deputies be delivered by a timely suicide. M. Nadaasy, how a specchi violently attacking the Austrian ever, refused to take the hint, and his Grand Headquarters, and concluding attitude in this reapees is said to have that the Austro-Hungarian army ought caused indignation in high military to be placed under the direct command circles. It may be, however, that of Hindenburg and Ludendorfi. There Nadossy considered his conscience and is an allegation that, in spite of the un honour to be safe, because, as he him favourable opinion, of his. Government. self. declared in his subsequent cross he was the means of large quantities of examination about the diplomatic pars provisions, including potatoes, being ports granted to various criminals, what sent to Germany, and that he netted he did he did not do for personal gain, 0,000,000 crowns from this transaction. Jut for what be held to be in the interests When the defeat of Germany became of his country. M. Nadossy's confession, certain Prince Windisch-Graetz, it is it is reported, does nos tally in every alleged, induced the Emperor Karl to regard with that made by Prince appoint Count Andraesy as Minister of Windisch-Graetz, and the two either have Foreign Affairs in order to begin pour- been or will be confronted, to facilitate parters for a separate peace with, the the elucidation of the discrepancies in Allies. According to the Matin corre their evidence."

spondent, it was the Prince who, when There is some suspicion that Major the revolution broke out, ensured the Geroe, the technical expert of the Carto- flight of the Imperial family and had the graphical Institute at Budapest, may Emperor's jewels and money sont to have been induced to make a more or Switzerland. Afterwards," - run this less voluntary confession of guilt in story of the Prince's adventures, be order to shield higher personagea. He put himself at the head of conspirators also stated in eross-examination that he who worked, to bring about the restora- had received no money whatever for the tion of the Monarchy...

On His part he played in the forgeries, regard return to Hungary he gambled and lost, ing it as merely part of his official and and was obliged to pledge a collection of

oins belonging to his family. patriotic duties.

TYPHUS-PLAQUE DANGER.

travellers are living in imminent danger of a plague of typhus.

The resident population of Florida approximately 1,200,000, but its cities to- day are trying to house twice that pum- ber of visitors, In Miami, whose per- manent inhabitants number 71,419, no fewer than 11,000 men and women are employed in telling real estate. A simi- lar situation exists in Tampa and in other cities, all of which are spending unbelievable sums in building and in laying out seaside resorts.

enterprises

Miami's bill alone for housing con struction, new roads, bridges, power and water plants, and other amounts this year to £95,000,000. Ita citizens have erected, in anticipation of the boom, 40 new hotels and 136 blocks of flat mansions, not to speak of innumer able bungalows, all rented at prices cal- culated to giro eren a New Yorker gocae- flesh

Building sites situated on its principal street fetch £4,000 front foot, or as much as similar sites in Fifth-avenue. For Miami dreams in its fever that it is destined shortly to be "bigger than New

York."

Incredible stories of vast fortunes sud- denly made by its speculators form the staple of its conversation A reprodue

tion of even the best of these stories

would fill several comic-opera librettos. It would seem as though the majority of the congested multitudes who daily fight their way through Miarai have been hypnotised by the national science of salesmanship; for they buy options on land which they have not even seen and usually sell them again before the day is out to other victims of the prevailing frenzy...

ORGIES OF SPECULATION.

father who died when she was four bringing was the simpler because her

it was decided, for State reasons, that was an impoverished man. At seventes

she should marry Prince Humbert, then heir to the throne of Italy, The prospect frightened the girl.

"I am only a little country girl," she is said to have protested. "I shall be such a stupid Queen that all Italy will laugh at me.

But the beautiful young Princess won the hearts of the people, and although her early married life is said to have. been unhappy, the prayer which she composed on the assassination of King Humbert in 1900 paid a touching tribute to the memory, of an adored husband" who loved his people" and whose one. thought was always the good of his coun-

This prayer was widely published pioneers of fiying, offered her a trip in When Wilbur Wright, one of the his machine she regretfully declined be

"there were too many people about." but it was certainly not lack of courage that deterred her, for long afterwards, on her 71st birthday indeed," she made an hour's voyage in an Italian submarine,"

Ery.

cause

Queen Margherita had decided views on the position of women. In an inter- view published in an English journal she declared that

Woman should not nssociate' un- reservedly with men, nor, should she meddle in politics, as the word is broadly understood. Above all she should guard against developing the traits of men. A blending of ancient with modern independence would give us the ideal womLO.

reserve

THE KAISER SNUEDED,

to

The Queen-Mother's objection women's participation in political mat- ters was shown by a snub she administer- ed to the ex-Kaiser when, in 1915, he use her Wrote to her asking her to influence to prevent Italy's intervention in the war. She replied: "In the House of Savoy there is only one raler at a time."

She was widely read, and, in addition Lo knowing English, French, German, Spanish, and Latio, was a good Grees scholar. She played the piano, the mandolin, the lute, and the lyre, and in years gone by sang remarkably well.

She had almost a passion för precious stones, and in that connection a good story is told. King Humbert, intending to make her a Christmas present, once asked one of her secretaries to suggest, & suitable gift. The secretary, with Few spectacles so redolent of the music. considerable courage, pointed out that hall have ever been offered in actual life the Queen owed a number of bills to as that which greets the visitor to Miami milliners and dressmakers. The King arriving by sea. Yachts and motor-boats took the hint, and on Christmas morning bearing huge streamers advertising realty the Queen found all the billa, receipted.

Aeronder her table napkin. " concerns. Eurround his steamer. planes whirl overhead.

Bands innumerable play jazz; women "realtors" and hordes of young men,

THE MOTOR-CAL TRAMP, coatless and hatless, with their trouser

Already Georgia and South Carolina pockets bulging with bine prints, troop behind the prospective buyer to his hotel are suffering from the effects of the super- and preach to him the peculiar doctrine boom. They are being inundated with a called the consciousness of wealth." new species of tramp-the mendicant Saber-minded Floridians, of whom there with a motor-car who has no money left are some left, are now deploring the for the purchase of petrol. On his way orgies of speculation in which the excited back north he bege petrol from village visitors are indulging. They fear the day to village. As be, with his family, would. when the boom becomes a boomerang, be a burden on the local rates it he failed inasmuch as a population of 20,000,000 to move on, his requests are usually met. would be required to make real the exist ing inflation of realty.

But meanwhile the basis of Florida's genuine prosperity remains secure. Ita fruit and vegetable industries are expand- ing rapidly, and its wonderful beaches are undoubtedly destined to become the win ter playground of a nation which every year produces & greater percentage of rich and leisured people.

In Florida, too, hundreds of motorists who have failed to make the lucky turn are selling their cars for the price of their railway transportation back to the north

These victims of the hunt for the un-

earned increment include large numbers of mechanics, carpenters, and others who, despite a wage of 2 a day, find themselves powerless to cope with the steadily mounting prices of living. Food double track their lines through the tro- ears, and so they are returning to their Hence the decision of the railways to and rent call for more than they can pical peninsula; hence the marvellous abandoned homes. The backward flow growth in the resources of the banks of of failures, however, is more than counter- Florida, which are draining money from balanced by the inflow of new gamblers the North and Middle West at the rate in land, of more than a million dollars daily If one wishes to go to Florids by train But so far as real estate is concerned one, must book one's berth weeks ahead approaching; end the prediction is that picturesque names of Orange, Bios- the days of tribulation are probably fast in the sumptuous expresses known by the As for by spring-time those who have failed to som" and "Everglade Special hag." sel will and themselves holding the freight, it forme a congested lise of goods trucks at the moment of writing as far "(Continued on. next Golumn.) Dorth as Savanaab.-Daily Mail.

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