Romanian Treasure
Encyclopedia
The Romanian Treasure is a collection of valuable objects the Romania
Romania
Romania is a country located at the crossroads of Central and Southeastern Europe, on the Lower Danube, within and outside the Carpathian arch, bordering on the Black Sea...

n government sent to Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

 for safekeeping during World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...

. It was only partially returned .

Historical background

During World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...

, since Bucharest
Bucharest
Bucharest is the capital municipality, cultural, industrial, and financial centre of Romania. It is the largest city in Romania, located in the southeast of the country, at , and lies on the banks of the Dâmbovița River....

 was occupied by Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, the Romanian administration moved to Iaşi
Iasi
Iași is the second most populous city and a municipality in Romania. Located in the historical Moldavia region, Iași has traditionally been one of the leading centres of Romanian social, cultural, academic and artistic life...

, and with them, the most valuable objects which belonged to the Romanian state. Fearing an eventual German victory, the Romanian government decided to send the Treasure abroad.

Among the ideas considered was to send it for safekeeping to the vaults of the Bank of England
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...

 or even to send it to the United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

, but there was the problem of transportation, since Germany and its allies controlled most of Central Europe
Central Europe
Central Europe or alternatively Middle Europe is a region of the European continent lying between the variously defined areas of Eastern and Western Europe...

 and sending it via Northern Europe
Northern Europe
Northern Europe is the northern part or region of Europe. Northern Europe typically refers to the seven countries in the northern part of the European subcontinent which includes Denmark, Estonia, Latvia, Lithuania, Norway, Finland and Sweden...

 was dangerous, as the Germans could have intercepted it.

The decision had to be taken by the Romanian Prime Minister Ion I. C. Brătianu
Ion I. C. Bratianu
Ion I. C. Brătianu was a Romanian politician, leader of the National Liberal Party , the Prime Minister of Romania for five terms, and Foreign Minister on several occasions; he was the eldest son of statesman and PNL leader Ion Brătianu, the brother of Vintilă and Dinu Brătianu, and the father of...

. Although the banker Mauriciu Blank advised him to send it to London or to a neutral country, such as Denmark
Denmark
Denmark is a Scandinavian country in Northern Europe. The countries of Denmark and Greenland, as well as the Faroe Islands, constitute the Kingdom of Denmark . It is the southernmost of the Nordic countries, southwest of Sweden and south of Norway, and bordered to the south by Germany. Denmark...

, Brătianu feared the German submarines of the North Sea
North Sea
In the southwest, beyond the Straits of Dover, the North Sea becomes the English Channel connecting to the Atlantic Ocean. In the east, it connects to the Baltic Sea via the Skagerrak and Kattegat, narrow straits that separate Denmark from Norway and Sweden respectively...

 and chose another ally of Romania in World War I, Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

, using the argument that "Russia would feel offended if we sent it to England".

During World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

, the valuables of the National Bank of Romania were not taken outside of Romania, but hidden inside a cave near Tismana
Tismana
Tismana is a town in Gorj County, Romania. It administers ten villages: Celei, Costeni, Gornoviţa, Isvarna, Pocruia, Racoţi, Sohodol, Topeşti, Vâlcele and Vânăta....

, Gorj County and from there, they were safely recovered after the war.

Sending the Treasure

The Romanian government signed a deal with the Russian government which stated that Russia would safe keep the Romanian Treasure in the Kremlin until the end of the war.

At 3:00 AM during the night of December 14–15, 1916, a train with 17 carriages, full of gold bar
Gold bar
A gold bar is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping....

s and gold coins (around 97 tonnes), departed the Iaşi train station eastward. In four other carriages, two hundred gendarmes
Jandarmeria Româna
Jandarmeria Română is the military branch of the two Romanian police forces .The gendarmerie is subordinated to the Ministry of Interior and Administrative Reform and does not have responsibility for policing the Romanian Armed Forces...

 guarded the train. The gold load of this train has a value of $1.25 billion.

Seven months later, in the summer of 1917, as the war situation was getting worse for Romania, another transport was sent to Moscow
Moscow
Moscow is the capital, the most populous city, and the most populous federal subject of Russia. The city is a major political, economic, cultural, scientific, religious, financial, educational, and transportation centre of Russia and the continent...

, containing the most precious objects of the Romanian state, including the archives of the Romanian Academy
Romanian Academy
The Romanian Academy is a cultural forum founded in Bucharest, Romania, in 1866. It covers the scientific, artistic and literary domains. The academy has 181 acting members who are elected for life....

, many antique valuables, such as 3,500-year-old golden jewels found in Romania, ancient Dacia
Dacia
In ancient geography, especially in Roman sources, Dacia was the land inhabited by the Dacians or Getae as they were known by the Greeks—the branch of the Thracians north of the Haemus range...

n jewels, the jewels of the voivodes of Wallachia
Wallachia
Wallachia or Walachia is a historical and geographical region of Romania. It is situated north of the Danube and south of the Southern Carpathians...

 and Moldavia
Moldavia
Moldavia is a geographic and historical region and former principality in Eastern Europe, corresponding to the territory between the Eastern Carpathians and the Dniester river...

, as well as the jewels of the Romanian royalty, thousands of paintings, as well as precious cult objects owned by Romanian monasteries, such as 14th century icons and old Romanian manuscripts. It also contained various deposits of the Romanian people at the national banks. The value of this train is hard to estimate, especially because most of its contents are art objects, but most likely nowadays it could even surpass the value of the other train.

Soviet Russia and Soviet Union

After the Romanian Army entered Bessarabia
Bessarabia
Bessarabia is a historical term for the geographic region in Eastern Europe bounded by the Dniester River on the east and the Prut River on the west....

, at the time nominally part of Russia, in the early 1918, the new Soviet government severed all diplomatic relations and confiscated the Romanian treasure. The Romanian government tried to recover the treasure in 1922, but with little success. In 1935, the USSR did return a part of the archives, and in 1956 paintings and ancient objects, most notably, the Pietroasele treasure
Pietroasele treasure
The Pietroasele Treasure found in Pietroasele, Buzău, Romania, in 1837, is a late fourth-century Gothic treasure that included some twenty-two objects of gold, among the most famous examples of the polychrome style of Migration Period art...

. The most important and valuable part (about 40 of the 42 carriages), however, was never returned.

All the governments of Romania since World War I
World War I
World War I , which was predominantly called the World War or the Great War from its occurrence until 1939, and the First World War or World War I thereafter, was a major war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918...

, regardless of their political colour, have tried unsuccessfully to negotiate a return of the gold and of the culturally valuable objects, but all Soviet and Russian governments have refused. The Soviet Union tried to use the treasure in the dispute over Bessarabia, however no agreement was reached.

The Treasure since 1917

Very little is known about the Treasure after the October Revolution, but it appears that during World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

 all the valuables held by the Soviet state (and presumably of the Romanian state) were taken out from Moscow and sent toward the regions which were 'not endangered'. However, it is clear that they were not kept sealed, as the agreement with the Romanian government said, as the chests of the archives which were returned in 1935 had obviously been rummaged through and many objects and documents were missing.

Recent negotiations

After the fall of the USSR, the Russian governments' position toward the Romanian Treasure remained the same and various negotiations failed. The Romanian-Russian treaty of 2003 did not mention the Treasure; presidents Ion Iliescu
Ion Iliescu
Ion Iliescu served as President of Romania from 1990 until 1996, and from 2000 until 2004. From 1996 to 2000 and from 2004 until his retirement in 2008, Iliescu was a Senator for the Social Democratic Party , whose honorary president he remains....

 and Vladimir Putin
Vladimir Putin
Vladimir Vladimirovich Putin served as the second President of the Russian Federation and is the current Prime Minister of Russia, as well as chairman of United Russia and Chairman of the Council of Ministers of the Union of Russia and Belarus. He became acting President on 31 December 1999, when...

 decided to create a commission to analyze this problem, but no advances were made.

See also

  • The "Moscow gold
    Moscow gold
    The term Moscow Gold , or alternatively, Gold of the Republic , refers to the operation by which 510 tonnes of gold, corresponding to 72.6% of the total gold reserves of the Bank of Spain, were transferred from their original location in Madrid to the Soviet Union a few months after the...

    ", the treasure of the Bank of Spain that was sent to the Soviet Union by the Second Spanish Republic
    Second Spanish Republic
    The Second Spanish Republic was the government of Spain between April 14 1931, and its destruction by a military rebellion, led by General Francisco Franco....

     during the Spanish Civil War
    Spanish Civil War
    The Spanish Civil WarAlso known as The Crusade among Nationalists, the Fourth Carlist War among Carlists, and The Rebellion or Uprising among Republicans. was a major conflict fought in Spain from 17 July 1936 to 1 April 1939...

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