War Costs And Their Financing; a Study of the Financing of the War And the After-War Problems of Debt And Taxation
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In our eReader you can find the full English version of the book. Read War Costs And Their Financing; a Study of the Financing of the War And the After-War Problems of Debt And Taxation Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book War Costs And Their Financing; a Study of the Financing of the War And the After-War Problems of Debt And Taxation
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In the quarter, July l-September 30, "Report of Herr Havenstein to the Central Committee of the Reichsbank on lack of instruments of payment, Frankfurter Zeitung, Oct. 31, 1918.
120 PAPER MONEY AND BANK CREDIT the Reichsbank added 4,325.5 million marks [$1,081,400,000] to the instruments of payment, which far surpassed any pre- ceding quarter. The withdrawals of new currency from the Reichsbank equalled 1,493 million marks [$373,250,000] in the first three weeks of October, 1918. The net additi...on to the currency for the period, July 1-Oetober 23, was thus 5,484.2 million marks [$1,371,000,000] — the highest amount during any war loan.
Unhappily the official printing press was unequal to the emergency owing to the calling of a number of its workers to the army and the absence of hundreds of others because of grippe. Early in October the towns were asked to prepare immediately notes up to 50 marks [$12.50] . By November 1 over 400 million marks [$100,000,000] of this emergency money had been issued, and during the weeks following a similar amount was put into circulation.
What to read after War Costs And Their Financing; a Study of the Financing of the War And the After-War Problems of Debt And Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Bogart, Ernest Ludlow, 1870-1958 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In the quarter, July l-September 30, "Report of Herr Havenstein to the Central Committee of the Reichsbank on lack of instruments of payment, Frankfurter Zeitung, Oct. 31, 1918.
120 PAPER MONEY AND BANK CREDIT the Reichsbank added 4,325.5 million marks [$1,081,400,000] to the instruments of payment, which far surpassed any pre- ceding quarter. The withdrawals of new currency from the Reichsbank equalled 1,493 million marks [$373,250,000] in the first three weeks of October, 1918. The net additi...on to the currency for the period, July 1-Oetober 23, was thus 5,484.2 million marks [$1,371,000,000] — the highest amount during any war loan.
Unhappily the official printing press was unequal to the emergency owing to the calling of a number of its workers to the army and the absence of hundreds of others because of grippe. Early in October the towns were asked to prepare immediately notes up to 50 marks [$12.50] . By November 1 over 400 million marks [$100,000,000] of this emergency money had been issued, and during the weeks following a similar amount was put into circulation.
What to read after War Costs And Their Financing; a Study of the Financing of the War And the After-War Problems of Debt And Taxation?
You can find similar books in the "Read Also" column, or choose other free books by Bogart, Ernest Ludlow, 1870-1958 to read onlineMoreLess
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