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News Brief

January 11, 1926
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The establishment of a Ku Klux Klan in Hungary, modelled after the American Klan, was planned by Dr. E. Nadossy, Supreme Chief of the State Police, who was arrested in connection with the counterfeiting conspiracy, it was learned here today.

Further developments in the discovery of the counterfeiting plot were made today. The plates from which the banknotes were stamped were found in the National Geographical Institute, where they were manufactured and the notes stamped.

Several new arrests of officials were made.

Searches in the state banknote printing plant continue, although one printing plant was discovered in the basement of the palace of Prince Ludwig Windisch-Graetz. The property of Prince Windisch-Graetz was confiscated by an order of the state attorney.

Eugene Halasz, administrator of the Prince’s estate, was also arrested today. He testified that funds which were expected to be obtained through the counterfeiting conspiracy were intended to be used for financing the political plans of Archduke Albrecht.

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