The Waterbury Democrat., 1940-09-09
IOUSTED KING TO | LOSE PROPERTY
Rumanian Premier Blocks All His Funds-Given to
 Government
By HENRY T. GORRELL United Press Staff Correspondent

United Press Staff Correspondent
 Bucharest, Rumania, Sept. g. CUP)-Premier Gen Ion Antonescu was disclosed today to have blocked all shares which former King Carol had in Rumanian banks and indus tries, ordering them handed over to the government within five days.
 Carol, described as "very rich man." had great interests in paper mills, arms factories, cement fac- tories and banks. He owns estates and castles throughout Rumania and inherited large properties from his uncle, Carol I.
 Although the busted monarch now in exile in Switzerland-had been heavily in debt when he re- turned from France 10 years ago and seized the throne from his son, he had built up his fortune again before his second exile.
 Antonescu is expected to carry out his VOW to punish the "blunderers' who, under Carol, led Rumania to disaster.
 A public trial of ex-King Carol on charges of mishandling public funds was considered likely in well-in- formed quarters today, following Dictator Gen. Ton Antonescu's order sequestering all Carols stocks and bonds.
 Numerous arrests among the lead CTS of ex-King Carols government gave rise today to the belief that Dictator Gen. Ion Antonescu would carry out his VOW to punish those responsible for recent governments
 His supporters pointed out, how ever, that if the pro-Nazi Iron Guard comes into power, its treat ment of political enemies would be far more harsh.
 Reported arrested were former Premiers George Tatarescu and Constantin Argetoianu. While they and other Carol men were going into prisons throughout Rumania, scores of political offenders imprisoned un- der the Carol regime were coming out.
 Indicative of his determination to suppress all unrest, AntoneScu yeS- terday personally ordered the con- centration of thousands of police and military sentries at important centers to prevent Iron Guard or other demonstrations against the less of Transylvanla.
 He sequestered all of Carols hold ings in banks and industries. They are to be handed over to the govern ment within five days. It has been discovered that Carol had great in- terests in paper mill and arms and cement factories. He owns great estates and castle throughout Ru- mania, private hunting grounds, and large model farm on the Danube
 Iron Guard Lacking
 Despite its growing influence, the Iron Guard has few men of minis terial caliber owing to the frequent purges under Carol since 1888. But the Iron Guard has allegedly de- manded that it be given majority representation in any cabinet An tonescu forms. This apparently ex- plains why Antonescu seemed will ing to let the ministers bequeathed him by Carol remain in office for the time being. They would re- ceive the blame for what is now happening, and the new government could start with clean slate.
 Asked if he thought the Iron Guard was sufficiently strong to take power, Iuliu Maniu, prime min ister in the Carol government, said this was difficult question. Told that Carols train was shot at at the Timisora railway station by Iron Guardists, Maniu shrugged and said: Tt was only natural, due to the feelings of the people,"