Word: schillinger
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With these words and a few more President Hoover last week started the Federal Farm Board off on its long task of jacking husbandry up out of its economic bog. The President met the Board for an hour in the Cabinet Room. One place on the Board remained vacant: A...
† Respectively the belga, schilling, pen go, and tchervonetz.
Dr. Zimmermann, perhaps the most celebrated of Dutch fiscal experts, was present at Geneva last week, was warmly congratulated upon his achievements in stabilizing the schilling, balancing the Austrian budget, administering with sage economy the $126,000,000 loan floated to redeem Austria from national bankruptcy (TIME, Sept. 24, 1923...
The schilling was adopted in Austria as a new unit of currency. The old crown became exchangeable at 10,000 to one schilling.†
†On the basis of paper quotations of the crown ($.0014⅛), the schilling will be worth about 15c