The extent to which the currencies of Central Europe were depreciated in the immediate post-war years was illustrated by Mr. F. W. Doidge when addressing the Auckland branch of the New Zealand Education Institute. Before leaving Vienna to travel to Budapest, Mr. Doidge visited a bank for some Hungarian money and was told that all he could obtain was the equivalent of £l. He travelled 200 miles down the Danube, spent the night at the best hotel in Budapest, spent a day sightseeing with a guide, took two friends to a champagne lunch, returned to Vienna in a first-class sleeper, aud still had some of his £1 left.
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Dominion, Volume 30, Issue 250, 19 July 1937, Page 10
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108Untitled Dominion, Volume 30, Issue 250, 19 July 1937, Page 10
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