On the money markets of six continents plugs of pessimism were pulled last week and black warnings gushed out that any day now the "free" reichsmark, to which Germany has grafted numerous other types of "blocked" marks, will be forced off Reichsbank President Schacht's highly theoretical gold standard.
What pulled the plugs was a sudden dip of nearly 6% in a single day last week of Dr. Schacht's very best reichsmarks. The other kinds of marks, including the effektensperrmark, kreditsperrmark, and register mark, which Germany has created by amazingly complex categories of...
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