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Finance.
- Source :
- TIME Magazine; 10/1/1923, Vol. 2 Issue 5, p10-10, 1/3p
- Publication Year :
- 1923
-
Abstract
- This article reports on the launch of a scheme of radical finance reform by Herr Rudolf Hilferding, Minister of Finance for the Reich of Germany in 1923. Under the scheme, the Reichsbank will be the only source of issue for paper currency. The scheme will require real-value notes to be secured by a real-value capital levy. Meanwhile, the police in Berlin started a search for foreign currency.
- Subjects :
- ECONOMIC reform
CENTRAL banking industry
PAPER money
BANK notes
CAPITAL levy
Subjects
Details
- Language :
- English
- ISSN :
- 0040781X
- Volume :
- 2
- Issue :
- 5
- Database :
- Complementary Index
- Journal :
- TIME Magazine
- Publication Type :
- Periodical
- Accession number :
- 54743511