GERMANY: Matters Financial

In pre-war days 87 pfennigs would buy an Austrian crown, to-day it takes more than a mark to buy a crown. This is not so simple when it is remembered that the mark stands at roughly 80,000 to the dollar and the crown at about 70,000. Accordingly it takes only $12.72 to become a millionaire in German marks and $14.12 in Austrian crowns. (Figures according to the current rate of exchange.)

It is announced in Berlin that the Government intends to issue 210,000,000,000 marks of aluminum coins. At present there are some 200...

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