Word: rates
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Dates: during 1920-1929
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...Hungarian People's Republic. At this time Hungary was at war with the Allies. Karolyi either surrounded himself, or, more probably was surrounded, by a group of disreputable Hungarians and Jews. It appears that his best defense is that he was the tool of these people. At any rate, when Karolyi and some of his ministers appeared before General Franchet d'Esperey at Belgrade to negotiate armistice terms, the Allied Generalissimo looked scornfully at them and said: "Vous etes juifs?" Turning to Karolyi he said: "Vous etes tombes si bas?" Then turning on his heel he left them...
...writer that his firm had been able to continue business largely because of the fact that they held the copyrights on the Italian modernists, whose works now brought royalties from all over the world, royalties not fabulously large in the eyes of other peoples, but, with the insane rate of exchange, quite fabulously large in Vienna...
...tests it developed a firing rate of 60 shots a minute as compared with the 25 shots a minute of the Springfield, which is considered one of the best army rifles...
...predictions made by bankers and economists last January concerning likely events of the year, a common one related to the final financial collapse of Germany. Thus far, although the end has not yet been reached, their prophecies seem more and more likely of fulfilment. Not only is the rate for mark exchange swiftly approaching the zero point, but the conditions responsible for this sensational decline grow worse instead of better. At first the Reichsbank inflated its currency by the millions each week; next, the weekly increases of Reichsbank notes crept up into billions; now, the inflation is proceeding...
...this colossal manufacture of new currency that is causing the mark to seek the levels of the worthless Russian rouble. Instead, new and futile laws are being enacted against speculation in foreign exchange, and new and equally futile attempts are in process to somehow "stabilize" the mark exchange rate. At the present stage, it seems that either the German policy concerning the Ruhr must be abandoned, or else a political and social revolution in Germany must occur. The Ruhr occupation is proving expensive to France, but she can easily hang on there until the inevitable German financial collapse arrives...