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GERMANY'S EMERGENCY MARKS.

PURSE-MAKERS HOPEFUL. The advent of the silver five-mark piece, almost identical in appearance and weight with the English live-shilling piece, as "emergency currency" is the most interesting development of the confused financial situation. Since the old German currency was counted in, thalers, or three-mark pieces, the people might have welcomed a return to the thaler. The heavy live-mark piece, however, meets with much criticism, as Germans are not accustomed to carrying anything as bulky even as the English penny. Manufacturers of purses have heard the news with interest, as it implies an entirely new type of note-cum-five-mark case. News that tho value of silver had risen on the international Exchanges readied Germany before the present suggestion of the Finance Minister had been approved by the authorities. The rise ie said to be due not only to Germany's decision, but to the intention of Mexico to withdraw all gold from circulation and use silver coins only.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AS19311203.2.160

Bibliographic details

Auckland Star, Volume LXII, Issue 286, 3 December 1931, Page 22

Word Count
158

GERMANY'S EMERGENCY MARKS. Auckland Star, Volume LXII, Issue 286, 3 December 1931, Page 22

GERMANY'S EMERGENCY MARKS. Auckland Star, Volume LXII, Issue 286, 3 December 1931, Page 22

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