The Governor and dictator of Hungary, Admiral Horthy.
Full titles read: "GOVERNOR HORTHY - and Hungarian people celebrate 3rd Anniversary of defeat of Bolshevist regime."
M/S of Governor Horthy surrounded by Hungarian ladies. One woman hands over a bouquet of flowers to Horthy, he chats to her. L/S of Horthy saluting military soldiers as they march past. Good M/S of Hungarian leader Admiral Miklos Horthy.