Word: ostmark
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...million citizens of East Germany will be $70 billion richer this week, at least on paper. Even before the day of reckoning this past Sunday, crowds had been standing patiently in line to complete the paper work for converting their ostmark savings into deutsche marks at a rate of 1 to 1 for up to 6,000 marks, and 2 to 1 for anything beyond that. On Sunday itself, cash was being handed out at some 10,000 bank branches, police stations and temporary disbursing points. The vast shift in wealth is part of the price of German unification...
Last week's agreement between the two countries to start immediate negotiations to replace the East German ostmark with the West German deutsche mark provided the starkest reminder yet of the downside of unification. The immediate aim of the monetary union is to stanch the East German stampede to the West, which continues at the rate of 2,000 a day. The theory is that if Easterners were more confident about their country's economic future, they would be less prone to flee. The first step in that process is to replace East Germany's funny money with West Germany...
...Danube is a traditional boundary: East has met West there before. The Avari, Huns, Magyars, Turks-all tried to break into Europe through the country which Charlemagne called his Ostmark (eastern frontier). Today again, legions from the East stand at the Danube, and again a battle is being waged for a bridgehead to Europe's heart...
Fading Light. The 75-year-old regent for a nonexistent king, the admiral of a nonexistent fleet, stood with his host at the outsize picture window, looking down toward Salzburg and the Ostmark, once called Austria. It was in the Austro-Hungarian Navy before World War I that horse-loving Horthy got his admiral's stripes. It was from the hands of this onetime fellow subject of Kaiser Franz Josef that Horthy got the territorial plums which had made World War II so far so profitable. As he listened now to the Führer's rasping voice...
...from their coastal bases on the Italian peninsula last week rose the dripping hulls of 80 Savoia-Marchetti seaplane bombers. Their glossy-headed young pilots turned them north, over Ostmark, over Bohemia-Moravia, over German Poland and East Prussia and up the Baltic to the besieged shores of Finland...