The Ethnographic Open-Air Museum of Latvia The Ethnographic Open-Air Museum of Latvia The Ethnographic Open-Air Museum of Latvia () is an open-air museum located just outside Riga, the capital of Latvia, on the lightly wooded shores of Jugla Lake. In 1924, the Latvian Council of Monuments signed an order to create the open-air museum in Riga. The idea for the new museum was inspired by open-air museums in Scandinavia, particularly Skansen in Stockholm. The plan was to relocate a homestead from all four regions of Latvia – Courland, Zemgale, Vidzeme and Latgale – to the museum. Each of the buildings would represent the different crafts of
Bank of Latvia On September 7, 1922, the Constitutional Assembly adopted the Law on the Establishment of the Bank of Latvia. The Bank of Latvia was granted emission rights. The Bank's interim statutes were approved on September 19, 1922, with the decision of the Cabinet of Ministers, and its initial capital was 10 million lats. On April 24, 1923, Saeima approved the Statute of the Bank of Latvia, signed by President Jānis Čakste on the 2nd July. The bank was headed by a council and board. The Council consisted of a chairman, a deputy and 11 members, but the board included a director