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AUSTRIA’S PLIGHT

NO PAY FOR CIVIL SERVICE.

MILLIONS IN ART TREASURES

(Australian and N.Z. Cable Assn.) Received Jan. 8, 5.5 p.m.

VIENNA, Jan. G

The Government is unable to pay the full civil service salaries, and it is impossible to collect taxes. Paper notes are rapidly dropping in value. World-wide interest in aroused in the matter of the dispute of the national art treasures. T,wo French members of the Repatriation Committee are engaged on the tremendous task of valuing the tapestries. There arc £12,000,000 worth of pictures and sculptures, while the value of the old arms and jewels cannot b(j estimated. There are also 1,000,000 volumes of rare and valuable books, and tens of thousands of engravings and manuscripts. Even if the sales are extended over a number of years, it is feared they will greatly lower art prices. The latest proposal is that the Allies take over the whole of the collection, and hold it as security for feeding Austria.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WT19200109.2.37

Bibliographic details

Waikato Times, Volume 92, Issue 14259, 9 January 1920, Page 5

Word Count
161

AUSTRIA’S PLIGHT Waikato Times, Volume 92, Issue 14259, 9 January 1920, Page 5

AUSTRIA’S PLIGHT Waikato Times, Volume 92, Issue 14259, 9 January 1920, Page 5