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...following day in short order the House ratified five other debt-funding agreements. In only one case, that of Belgium, was there any material modification of the standard terms established in the first agreement, with England. In succession the Belgian, Czechoslovakian, Roumanian, Esthonian, Latvian agreements were voted...

Author: /time Magazine | Title: Italian Debt | 1/25/1926 | See Source »

Crown Prince Carol vented his dissatisfaction toward his parents by agitating against their favorite, Premier Bratiano. He also mixed himself up in a scandal involving the purchase of some allegedly defective airplanes by the Roumanian Government. Every now and then he threatened suicide, although behaving admirably toward Princess Helen, who is said to be gradually going blind. A few weeks ago he failed to return to Bucharest after attending the funeral of the Queen Mother of England. This was not even mentioned in despatches because his frequent "disappearances" with Zyzis have become commonplace...

Author: /time Magazine | Title: ROUMANIA: Carol Out | 1/11/1926 | See Source »

Last week King Ferdinand of Roumania read to the Crown Council a letter in the autograph of Crown Prince Carol which had been postmarked at Venice: "I have irrevocably decided to renounce all my rights as heir to the Roumanian throne and as a member of the royal family. I bind myself during six years not to return to Roumania, and also after the lapse of this period never to tread Roumanian soil again except with the permission of the King and the Roumanian Parliament...

Author: /time Magazine | Title: ROUMANIA: Carol Out | 1/11/1926 | See Source »

...commoner with Zyzis. In 1919 he wrote a similar epistle, and he is thought to have written many before and since. What startled the world was that this time King Ferdinand, instead of hushing up the offer of abdication, rushed it through the Crown Council and ordered the Roumanian Parliament to convene for the purpose of declaring Carol's baby son, Michel, the Crown Prince...

Author: /time Magazine | Title: ROUMANIA: Carol Out | 1/11/1926 | See Source »

...Prince Carol of Roumania is stopping at a hotel in Venice, Milan and Lucerne, with a mysterious lady who is really Zyzis and Princess Helen, unless she is a Roumanian-Italian-Polish-Jewess of high rank whom he met while attending Queen Alexandra's funeral. He is concealing his presence in London rather cleverly, and had tea in secret with his sister, the Princess Ileana, who is at school near Ascot. He and his dissolute brother, Prince Nicholas, celebrated his renunciation by staging a wild party at Mitchell's, atop Montmartre, Paris (see CELEBRITIES DINE). Later he and the mysterious...

Author: /time Magazine | Title: ROUMANIA: Carol Out | 1/11/1926 | See Source »

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