Word: vaduz
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...minuscule principality. Luckily for the postal system, only a dozen Von und zu Liechtensteins actually live in Liechtenstein. Indeed, it was not until 1937 that a hereditary ruler actually made his home in the drafty, 13th century family fortress, whose battlements rise starkly above the capital of Vaduz (pronounced Vah-dootz). There last week, amid eulogies and thunderous renditions of Heil Liechtenstein, Franz Josef II Maria Aloys Alfred Karl Johannes Heinrich Michael Georg Ignatius Benediktus Gerhardus Majella, its twelfth reigning prince, observed his 57th birthday and the 25th anniversary of his accession to the throne...
...radio station, airports, divorces or billboards. Neutral in both world wars, it has had no soldiers since 1939, when the only remaining warrior died in bed. Its maximum income tax rate is 10%; corporate taxes are so liberal that more than 2,000 foreign firms have registered headquarters in Vaduz. While it is a constitutional democracy, Liechtenstein virtually dispenses with politics. There are two parties, known as the Reds and the Blacks, but they are equally conservative and anti-Communist and even have the same stirring motto: Faith in God, Prince and Fatherland...
...current monarch, Prince Franz Joseph II, has broken with history. He lives in Vaduz (pop. 3,300), Liechtenstein's capital. There he keeps-almost entirely to himself-one of the greatest private art collections in the world. Except for a 1948 show of 200 works in Lucerne, hardly any of the prince's 1,500 paintings, 75 tapestries, or the vast assortment of bronzes porcelain, baroque silver, Renaissance sculpture, Gothic and Renaissance furniture are ever seen by the public. Instead 95% of the collection stays in the prince's castles, mostly in the cellar and a tower...
...paintings, only 74-including the Venus-can be seen by the public, they hang on the third floor of a building in Vaduz, above the National Tourist Office and the Postage Stamp Museum. And aside from occasionally selling a painting, the prince, whose interests are mostly confined to his investments, pays little heed to his dusty hidden treasure...
Died. Archduchess Elizabeth Amalia of Habsburg, 81, mother of Prince Franz Josef II, who rules tiny (61.4 sq. mi., 13,757 pop.) Liechtenstein, niece of Emperor Franz Josef of Austria, and half-sister of Archduke Franz Ferdinand, whose assassination at Sarajevo in 1914 triggered World War I; in Vaduz, Liechtenstein...