GERMANY: Base Greed

An easy way for Germany to pay what she owes in Reparations would be to make the necessary gold from lead.

So thought General Erich Ludendorff, famed during the War as the "brains of old Field Marshal von Hindenburg." Over a period of several years $300,000 was advanced by General Ludendorff and patriotic friends to one Franz Tausend, alchemist, who promised to make enough gold to pay the Fatherland's debts and leave a comfortable surplus for his backers.

When the $300,000 experiments of Alchemist Tausend failed, he was charged with fraud. Last week...

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