The Work And Wealth of Austria Hungary a Series of Articles Surveying Economic
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7 64. 3 +1. 1 Carinthian Savings Bank 49. 6 485 1. 1 1076. 6 1062. 1 14. 5 Part II.
In the case of these institutions with gold deposits of 1077 million Kronen at the end of April, the falling-off in connection with the war loan amounted in all to 14 million = 1V 3 per cent, and this represents here also only a part of the inward flow of fresh money since the first of the year. How does the alleged violent plundering of our savings banks, occasioned by the subscriptions to the war loan, appear ...in the light of these actual facts?
13 The stock of cash deposits in the Austro- Hungarian money in- stitutions, amounting in round numbers to 20 milliards, remains there- fore an untouched, and strong financial reserve force for the future.
We are on this account strongly equipped to meet the coming financial demands, whether they are made upon us for the continuing of the war, or for the tasks of peace.
The Security of our War Loans.
We have no need to shrink back from the question whether the financial efficiency of the Monarchy after the war will develop in such a way as to be equal to its increased liabilities.
What to read after The Work And Wealth of Austria Hungary a Series of Articles Surveying Economic?
You can find similar books in the "Read Also" column, or choose other free books by Scheffauer Herman George to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
7 64. 3 +1. 1 Carinthian Savings Bank 49. 6 485 1. 1 1076. 6 1062. 1 14. 5 Part II.
In the case of these institutions with gold deposits of 1077 million Kronen at the end of April, the falling-off in connection with the war loan amounted in all to 14 million = 1V 3 per cent, and this represents here also only a part of the inward flow of fresh money since the first of the year. How does the alleged violent plundering of our savings banks, occasioned by the subscriptions to the war loan, appear ...in the light of these actual facts?
13 The stock of cash deposits in the Austro- Hungarian money in- stitutions, amounting in round numbers to 20 milliards, remains there- fore an untouched, and strong financial reserve force for the future.
We are on this account strongly equipped to meet the coming financial demands, whether they are made upon us for the continuing of the war, or for the tasks of peace.
The Security of our War Loans.
We have no need to shrink back from the question whether the financial efficiency of the Monarchy after the war will develop in such a way as to be equal to its increased liabilities.
What to read after The Work And Wealth of Austria Hungary a Series of Articles Surveying Economic?
You can find similar books in the "Read Also" column, or choose other free books by Scheffauer Herman George to read onlineMoreLess
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