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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 6, 1972, Lethbridge, Alberta 12 'HE inHSRIOCE HIRAID Tuddoy, Jun> 6, Owned by billionaire National gallery raising price for valuable Titian painting LONDON1 (AP) J. Paul Gelty bought a painting hero last year that a member of tlio British Royal Family could no longer afford to keep. Now GoKy will not be allowed to keep it either. Tlie National Gal- lery is going lo stop him. By appealing to the man in the street, the gallery just about raised what is needed to match billionaire Getty's or The gallery has less than to raise to make sure the Titian masterpiece, The Death of Actaeon, stays in Britain, in its permanent collection, stead of going to tiro U.S. All the money should be in hand by July. Never before had anyone in Britain sought so mucli money just to keep one this ease a Greek myth painted by an Italian master for King Philip II of Spain. The Titian vas no more British than ghclU. But the fact it bad been iciti in this country by aristo- cratic families was enough to make it a matter of national iride. The Earl of Harewood, a cousin of Queen Elizabeth and 18th in line for Hie British throne, put the Titian up for sale at an auction last June. OWED S2 MILLION At the time Lord llarewood's family owed million in death duties from the estate of his mother, the former Princess Royal. Inheritance taxes in Brit- ain rise to 85 per cent, often forcing rich heirs to sell ar treasures to pay them off. In effect, the tax policy was benefiting government coffers and forcing the sale of valuable paintings. U.S. museums could usually outbid the British a auctions. This happened when British owners sold the Vela: quez portrait of Juan de Pnrcja n W7D. New York dealers paid world record price of The painting went to he Metropolitan Museum of Art in New1 Vork City. The British government refused gallery entreaties to WE STILL HAVE A GOOD SELECTION OF Bedding-Out Plants It's Not Too Late To Plant Dan's Greenhouse MILE E. OF ALBERTA STOCKYARDS Open daily including Sunday g a.m. 9 p.m. Labor movement finds new voice in theatre wants million buy it back. For the same price, the government it could air-condition the National Gal- lery, buiM a new wing, and tiave almost 53 million left over. Besides there were greater priorities for the governmenl funds in health, education and other programs. Despite the odds, the National Gallery was determined lo have the Titian, which it had dis played for 10 years on loan from Lord Harewood- An appea for funds went out even before the auction. Jules Weitzner, a based American dealer, bonel lie painting at auction and sold t to fietty. As soon as Getty was re- ealed as the new owner, tin uiator of his museum in Mal- ju, Burton Frederickson, of' ered to lend the Titian back to tho gallery, if they would lend comparablo works to the Getty museum. LENDS TITIAN ANYWAY The gallery refused, prefer- ring not to risk shipping the Ti- tian back and forth across the Atlantic. Then Getty lent the Ti- tian lo the gallery anyway for the course of its year-long ap- peal. The government agreed to let the gallery use. money, already earmarked for gallery pur- TOUONTO