16 JANUARY 1926, Page 2

The forgeries of French bank-notes at the Hungarian Cartographical Institute

continue to excite- Europe, especially. Hungary's suspicious neighbours of the- Little. Entente. We have seen no estimate of the value of the notes successfully uttered ; it is -probably small. State- ments have been issued by the Government in Buda-Pesth and by the Legation in London. These carefully exonerate everyone, connected with the Government whose name has been implicated by gossip or otherwise. They lay the whole blame for _originating the scheme , upon Prince LudwigWindisch-Graetz. TheChief of Police and official of the Cartographical Institute are only condemned for _ credulity in being persuaded by him that there was a patriotic need for the scheme. Nobody apparently thinkS it possible that there is a duller explanation, namely, that common,..self-seeking . criminals played on the credulity. of Prinee Ludwig,if,yet,-Count Bethlen has denied_ that any political motive . exists in the - matter. - The Times reminded us -last week that some months after the ratification of the Treaty of the Trianon _Count. Banffy gave to the Powers Hungary's undertaking not to restore the Hapsburgs and, to combat propaganda in their , behalf.

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