FLOOD OF MARKS.
WORKING NIGHT AND DAY. Elec. Tel C’OD.vrijrin- united Press Assn ■Australian ami N.Z. (.’able Association. (Received July 34, 2.20 p.m.) 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 day to day. The Reichsbank alone manufactures 14,000,000 separate notes daily, varying from one thousand to halfmillion denominations. The lowest note printed in one thousand marks, valued at a farthing. Simultaneously there are 40 private printing works under contract to print. These are working three shifts, so the flood never ceases for a minute. Paradoxically the less tho 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. Last week the Government had to multiply the taximeter by fifteen thousand, and it is now multiplied by twenty-five thousand.
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Bibliographic details
Poverty Bay Herald, Volume XLIX, Issue 16186, 24 July 1923, Page 6
Word Count
154FLOOD OF MARKS. Poverty Bay Herald, Volume XLIX, Issue 16186, 24 July 1923, Page 6
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