Magnates

Premier Count Stephen Bethlen prepared a bill for the reestablishment of the House of Magnates (equivalent of British House of Lords). This new House of Magnates* would differ from the old hereditary legislative chamber. It would consist only of 250 members and only members of the House of Habsburg would have hereditary seats, 36 would be elected (presumably for life) by the Magnate or aristocratic class; the remainder by religious, agricultural, financial, commercial and industrial bodies. In effect, it would be a Senate rather than a House of Aristocrats.

--The last House of Magnates, together with the House of Commons, was abolished in 1918 by President Count Michael Karolyi, who erected in its place the present National Assembly.