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SLUMP OF THE MARK

(By .tCieetrii. telegraph—Copyright.iAuetralmn $ N Z CabL Association, BERLIN, July 23. A truly .amazing position has been reached in Germany in regard to the issue of marks. The number actually manufactured is hardly known from clay to day. The Reiclisbank alone manufactures fourteen million separate notes daily varying from one thousand to half a million denominations. The lowest note printed is one thousand, valued at a farthing. Simultaneously there are forty private printing works under contract to print these, working three shifts, ko the flood never ceases for a minute. Paradoxically the less the mark purchases the more purchasing is done. Though the end is inevitable it is not yet dimly apparent. Railway fares have been quintupled without affecting travel.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19230724.2.52

Bibliographic details

Nelson Evening Mail, Volume LVI, 24 July 1923, Page 5

Word Count
123

SLUMP OF THE MARK Nelson Evening Mail, Volume LVI, 24 July 1923, Page 5

SLUMP OF THE MARK Nelson Evening Mail, Volume LVI, 24 July 1923, Page 5