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Word: inlandszahlungen (lookup in dictionary) (lookup stats)
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...late U. S. citizens selling to Germany have been accepting part payment in so-called "Aski Marks." "Aski" is composed of the initial letters of Auslander Sonder Konto fur Inlandszahlungen, meaning "Foreign Special Accounts for Domestic Payments." In practice the "special" feature of Aski Marks has been that they were only released or unblocked for transactions which the Nazis consider "essential." Last week these were killed, so far as the U. S. is concerned, when Dr. Schacht completely suspended payments in Aski Marks. He also killed "Barter Marks." In the past more than 50% of all German-U. S. trade...

Author: /time Magazine | Title: GERMANY: Marks of War | 8/17/1936 | See Source »

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