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Policemen lined the streets of Budapest. They scooted about on bicycles. Whenever Admiral Horthy, Regent* of the Kingdom of Hungaria, rode forth, the policemen cleared the entire street down which he was to ride. At length they held back an enormous crowd gathered to witness the opening of the Hungarian Parliament. Excitement ran high, for it was known that Premier Count Bethlen would present to the Deputies the Government's position with respect to the "national scandal," the recently discovered plot to flood France with counterfeited -in- Hungary 1,000-franc notes (TIME, Jan. 18). Premier Bethlen slipped into...

Author: /time Magazine | Title: HUNGARY: National Ordeal | 2/1/1926 | See Source »

...POLICE NADOSSY AND PRINCE WINDISCH-GRAETZ TEARFULLY CONFESS TO COUNTERFEITING 30,000,000,000 FRENCH FRANCS! Possible Fascist Putsch to Set up Archduke Albrecht of Hapsburg as Kaiser of Hungary Nipped by French Detectives! Premier Count Stephen Bethlen Believed Well Pleased at Developments, Which May Discredit His Rival, the Regent of Hungary, Nicholas Horthy...

Author: /time Magazine | Title: HUNGARY: Counterfeiters | 1/18/1926 | See Source »

...Situation. Observers were inclined to dwell upon the fact that Hungary is officially the Kingdom of Hungaria, "a kingdom without a king." Admiral Nicholas Horthy de Nagybanya is "Regent" for a hypothetical monarch who remains to be chosen; and Horthy administers Hungary under the old Monarchial Constitution...

Author: /time Magazine | Title: HUNGARY: Counterfeiters | 1/18/1926 | See Source »

...Regent Horthy is supposed to be pro-Albrecht and Fascist, just as Premier Count Bethlen leans toward Otto and the strict Legitimists. Late last week Albrecht decided that the Fascist jig is up, and resigned as President of the Fascist League. It is almost unthinkable that the Allies will now let an Otto putsch succeed. Presumably the kingdom will continue kingless...

Author: /time Magazine | Title: HUNGARY: Counterfeiters | 1/18/1926 | See Source »

Amid shouts of "Banzai!" "Hail, Illustrious One!" "Greetings!" the Prince Regent proceeded unruffled on his way. Later Ambassador Silva explained that he thought the first policeman had said "Come, please" instead of "Comes Prince." Since the policeman's gesture made his intent clear, this explanation was considered very lame.* The Japanese Government was rumored to have entered an official protest against the "unwarranted tempestuousness" of the Ambassador...

Author: /time Magazine | Title: JAPAN: Tempestuous Brazilian | 1/18/1926 | See Source »

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