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Nobel Prizes in Literature have been awarded since 1901. It was not
awarded on seven occasions: in 1914, 1918, 1935, 1940, 1941, 1942,
and 1943.
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Why were the Literature Prizes not awarded in those years? In the
statutes of the Nobel Foundation it says: "If none of the works
under consideration is found to be of the importance indicated in
the first paragraph, the prize money shall be reserved until the
following year. If, even then, the prize cannot be awarded, the
amount shall be added to the Foundation's restricted funds." During
World War I and II, fewer Nobel Prizes were awarded.
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