The New York herald., 1921-09-12
AMERICANS ACQUIRE
$2O0,OO0,OO0ESYA7E
OF ROYAL AUSTRIANS
Archduke and Syndicate
Agree on Plan to Save
Vast Holdings in
Europe.
STATES TO BE SUED
They Confiscate Valuable
Properties in Defiance
Of Treaties, Say
Investors.
FACTORIES TO BE OPENED
L. S. Methods to Be Applied to
Great Property, Including
Steel Mills, Palaces and
Art Museum.
FACTORIES TO BE OPENED
Special Cable to THE NEw YORK HERALD.
Copyright, 1921. by THE NEw YORK HERALD

Special Cable to THE Nrw YORK HERALp
CopyrfgIt, 1921. by THE NEw York HERALD.
New York Herald Bureau.
Paris, Sept. IL.
Another chapter of one OF the
most dramatic and extraordinary
episodes arising from the war was
closed at a meeting in the drawing
loom OF Samuel Untermyer Of New
York, at the Ritz Hotel iere yester-
day.
What happened at this gathering
was a elimination of negotiations
between parties which have been
meeting for two months in various
places in Germany and Austria and
in Paris. These were on one part
Archduke Frederick of Austria and
Archduke Albrecht, his son; Arch
duchess Isabella, his wife, who was
Princess Croy. and the six daughters
OF the archducal family, with their
counsel, DR.. Wilhelm Rosenberg of
Vienna, and DR.. Aurel Egry of Buda-
pest.
On the other side was an Ameri-
can syndicate. represented by Samuel
Untermyer, and including such men
as Charles III. Sabin. ]. Leonard
Replogle, Frank A. Munsey. Thomas
j. Fielder, William r. Honnald Louis
Chcvrillon and their associates
100000, 900 Estate Involved.
The story concerns the vast estates
of the ArchdulSc Frederick. who
throughout the war was Field Marshal
and Commander in Chief of the Aus
tro-Hungarian armies and whose
wealth generally was estimated before
the war as well above 100000, 900.
From reports current for year and
accentuated in the last few months by
meetings at Carlsbad, Kissingen,
Vienna and Paris, but which could
not be verified. the facts are:
While the Archduke is a member of
the Hapsburg family his lineage and
connections extend back still further.
Also he is uncle of the present King
OF Spain, Alfonso MIL. whose mother
l. his sister. Another sister formerly
was Queen of Bavaria.
The line goes back TO Marie
Thcrese. who reignod from 114o to
1880. Her eldest daughter. the Arch
duchess Marie Christine, was married
TO Duke Albrecht of save Teschen,
who was a member of the Saxonian
house. Not having children, they
adopted their nephew. Archduke
Charles. a brother OF Emperor Francis
r., who was grandson of Marie
Therese, and who reigned from 1892
10 1885 and who himself had no chill
dren.
Charles was commandcr-in chief OF
the Austrian army in Austria's wars
against Napoleon. II was he who won
tho battle OF Asporn-E -Essling In 1919,
Archduke Albrccht was the eldest son OF
Charles and was horn in 1919 and died
in 1898. lie won the battle OF Kustozza
In 1866 in the Austrian war against Sar-
dinia. Albrecht had no children.
The present ArchdulSe Frederick is the
son Of Albrccht's brother. Charles Ferdi-
nand. The fortune inherited by the pres
ent Archduke. largely from his uncle Al
brecht. was Increased by wise invest
nlents and returns from new enterprises.
Archduke's Holdings varied.
rrior TO the war Archduke Frederick
was generally regarded as one OF the
richest land and Industrial owners IN
Europe. His holdings were distributed
throughout Austria Hungary, Czecho-
Slcvakia, Jugo-Slavia. Poland. Rumania
and Italy. They included the world re-
nowned steel works and mines at
Teschen, which is now partly In Czecho-
slovakia and partly in Poland: vast
working forest lands. amounting to hun
tifcds of thousands of acres. scattered
over several countries and numerous
other Industries, including dairies which
supply milk and butter to Vienna sugar
plantations and factories, palaces, apart
ment houses and other private properties
IN Vienna and elsewhere. historic castles
in various parts of the continent and the
great Albertina Museum in Vienna.
which is said to contain more valuable
art treasures Of It's kind than any in tho
world, there being nearly 1000, 900 OBJ
tccts In the collection
All his properties and art objects were
acquired by private enterprise, and the
funds OF the archducal family were ac-
cumulated largely In industries. Its
fortune was built essentially on saving
and business sagacity. None OF II was
based on royal gifts or concessions. Be-
foro the war 1t yielded yearly income
in the millions.
AZ the close or the war the Archduke
found himself excluded from all OF his
properties in the countries for which he
had fought. Some had been aeuues-
trated; others were alleged to have
been confiscated. some by the recon-
= Continued on Sccord pooe