LIECHTENSTEIN: Shrewd Old Prince

The independent State of Liechtenstein, once a fief of the Holy Roman Empire, is now the smallest Principality in Europe (65 sq. mi.), lies between Switzerland and Austria, produces corn, wine, marble.

Last week the Sovereign of Liechtenstein, Johann Marie François Placide, Prince de Liechtenstein, Duc de Trappau et de Jägerndorf, lord of vast estates in Austria and Czechoslovakia, and owner of the famed Art Gallery in Vienna which bears his name, decided that it was time for him to take a shrewd step in respect to the inheritance taxes of Austria and Czechoslovakia, for the Prince is now aged...

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