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 Franc,ois Placide, Prince de Liechtenstein, Duc de Trappau et de Jaegerndorf, 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 four score and eight.

The heir apparent was, last week, the Sovereign's cousin Alfred Aloyse, but he too will soon be dead and his estate the prey of tax gatherers. Therefore the succession to the Throne of Liechtenstein was allotted, last week, to fall upon Prince Alfred Aloyse's 18-year-old grandson, Prince Franz Joseph Marie Aloyse Alfred Charles Jean Henri Michel Georges Ignace Benoit Gerard Majella de Liechtenstein. Thus only one, not two sets of inheritance taxes, will have to be paid before young Prince Franz ascends his minute Throne.