AUSTRIA'S ART TREASURES.
Australian-New Zealand Cable Association. Bv Electrio Telegraph.—Copyright. Received January 8, 1.50 p.m. YIENNA. Jan. 6. The Government is unable Jo nay full <ivil Borvico salaries, and it hj impossible to collect taxes. Paper notes are rapidly dropping in value. World-wide interest is aroused in tho matter of the disposal of the national art treasures. Two French members of the Reparation Committee are engaged on the tremendous tusk of valuing the tapestries. There are £12.000,000 worth of pictures and sculptures, while the value of the old armsi and jewel.- cannot be estimated; and there are. also a million volumes of rare and valuable books, tens of thousands of engravings and manuscripts. • -Even if sales _ were extended over a number of years, it is [eared ihut they would greatly lower .art prices. The latest proposal is that the Allies take over the whole of the collection arid hold it as security for feeding Austria.
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Bibliographic details
Manawatu Standard, Volume XLIII, Issue 1718, 8 January 1920, Page 6
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155AUSTRIA'S ART TREASURES. Manawatu Standard, Volume XLIII, Issue 1718, 8 January 1920, Page 6
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