TSARIST TREASURES

Poverty Bay Herald, Volume LXI, Issue 18589, 27 December 1934, Page 5

TSARIST TREASURES

GREAT HUNT STARTS

JUGOSLAVIAN ACTIVITY

LONDON, Dec. 25.

The London Star’s Belgrade correspondent says that a mammoth hunt for hidden Tsarist Russian treasures amounting! to £200,000, directed from Jugoslavia, resulted in the discovery of bullion, plate, and jewels walled up in a house in Moscow, where the residents were unaware that they were within a few feet of the riches. Tiie discovery was due to M. Markovitcli, a partner in a Jugoslavian investigation agency, visiting tho Soviet Embassy at Berlin, with plans of six hiding places where treasure was buried when the owners fled in 1918. The Soviet has hitherto demanded the whole of such treasures, but has now agreed to tako 60 per cent., the remainder to go to the owners. The Soviet authorised M. Markovitch to undertake treasure hunts in six different sites throughout Russia. Excavations are at present handicapped through snowfalls, but the news of one discovery caused a sensation among 25.000 emigres in Jugoslavia, and several others who buried treasure, and are now poverty-stricken, are producing plans.