New Britain Herald Newspaper, March 1, 1923, Page 12

By OSCAR P. AUSTIN Statistician, The National City Bank of New York, The paper money of Europe, ex- clusive of that issued by the Rus- sian Soviet Government, whose aper currency today exceeds 70, 100,000,000,000, now aggregates ap- proximately $800,000,000,000, at the pre-war valuation of the respective currencies, as against about $100,000,000,000 one year ago and $5,000,000,000 in the ear preceding the war, Over one- KI" of the countries of Europe have decreased thcir paper cur- rency during the last year, but the other half go on increasing at | a rapid rate, What do these various paper currencies of Europe look like, and | promise on their face | what do they to the individual who accepts them for his labor or merchandise? A very large proportion of the currencies are issued by the groeat “banks of issue” of the respective countries, such as the Bank of France, the Imperial Bank of Ger- many, the Polish National Bank, | the Austrian Bank, and the Bank of England, though a very consid- erable proportion of the paper cur- rency of Great Britain is, as shown below, issued directly by the Gov- | ernment. Russian workman cutting apart notes which are of so little value they are printed in sheets. es of Europe, ¢ materially h we of the accustomed, the much broader and hey are in most cases printed upon a fairly good quality of paper, from plates representing a fairly high type of the engrav- ers’ art, and, in most cases, in attractive and striking colors. In certain cases the phraseology ap- pearing on their face is printed in several languages, especially those in which the population of the country issuing them includes sev- eral distinct races or languages. In most cases the phraseology as to the class of currency in which the notes are to be redeemed is not specific, though in a few instances the term ‘metallic money” is used and in a very limited number of countries the term “gold” is used. | The paper curre in size and shape, d | counterfeiting In a fow cases the notes indicate on their face that they are to be considered as a “legal tender” for all payments, public and private, while in one case only, that of Poland, a distinct statement is made that the “Government as- sumes responsibility for the ex- change of this note for thg future Polish currency, at a ratio which the legis'aive Diet shall fix for Polish marks.” AUSTRIA—The notes issued by the Austrian Bank are apparently printed from the plates used by the old Austro-Hungarian Banl and are in the German language only, YThe phrnsenlugy upon these notes is—"“The Austro-Hungarian Bank pays in exchange for this note at its principal office in Vienna immediately upon demand 1,000 crowns in legal metal money; is prohibited by law.” Total notes of the Austrian Bank outstanding Aug. 7, 1922, 833,471,000,000 crowns, In addi- tion to this there are in eirculation in Austria about 20,000,000,000 crowns issued by the old Austro- Hungarian Bank. . BELGIUM—Notes of the Nat- jonal Bank of Belgium bear the words “National Bank of Belgium 100 franecs payable at sight.” Notes outstanding on July 27, 1922, 64327,000,000 francs against 6,034,000,000 francs one year ear- lier and 934,150,000 francs in 1914, BULGARIA — The Bulgarian notes bear the words—“The Bul- garian National Bank pays to bearer in exchange for this note 1,000 leva in gold.” It is presumed that they are printed from plates used prior to the war. Outstanding notes January 1, 1922, 8,516,000, 000 leva, against 8,354,000,000 one year earlier, CZECHO - SLOVAKIA — The phraseology on the notes is—“Cze- cho-Slovakian Republic: This nat- ional note issued according to the law of April 10, 1919, is worth 1,000 Czecho-Slovak crowns. Coun- terfeiting of this note is prohibi- ted by law.” Total notes in cir- culation April 7, 1922, 10,125,000, 000 against 10,811,000,000 one year earlier, DENMARK—The notes of Den- mark provide specifically for pay- men gold, “100 kroner. Will ge exchanged upon request with gold coin,” ~ Total circulation of the National Bank of Denmark, March 81, 1922, 336,000,000 kroner against 517,000,000 one year ear- lier and 157,000,000 in 1914, FINLAND—Notes issued by the Bank of Finland say—‘“Finland Bank pays this note with 100 marks in gold.” On certain of the notes are also printed the words— “Finland’s currency system is based on gold as a measure of val- ue.” Total outstanding notes of the Bank of Finland April 8, 1022, 1,438,000,000 finmarks against 1,448,000,000 one year earlier. FRANCE—The wording upon the notes issued by the Bank of France “Bank of France, Paris (date) natures of certain officers and in the margin a statement prohibit- is extremely brief and as follows— | 1,000 franes,” followed by the sig- | NEW BRITAIN DAILY HERALD, : THURSDAY, MARCH 1, 1928, EUROPE'S PAPER MONEY BILLIONS What the three hundred billions in paper money in circulation in Western Europe, and Russia's paper trillions mean to the economy of the world What the paper notes of Europe look like. 1. cover fire losses. 2. 3. languages. Note issued by Wafungen, Germany, to Artistic note issued by Hamm, Germany, to commemorate an historic event. Famous Russian propaganda note on which motto'of Communist Manifesto is printed in many in this country. 4. 6. Eisenach, Germany. Notice the difference from the paper currency used Potsdam likes its militarists enough to use a dashing cavalry officer as a design for its notes. 5. President Ebert’s saddlery, which stands in this city, is the design Quackenbrock, Ger- many, uses for its notes. The famous Luther Memorial note of ing counterfeiting. The res the note also bears the rse of | words— | “Bank of France, 1,000 francs.” No | reference is made to redemption in | metallic money. Total outstanding circulation August 3, 1922, 86.300,- 000,000 francs against ! 000 one year earlier and 5,812,000, 000 in 1914, GERMANY—The notes issued by the Imperial Bank of Germany, ,741,000,- | which form the bulk of the paper circulation of that country read as follows—“Reichsbank note. The main office of the Reichsbank in Berlin will pay 1,000 marks to the bearer of this note, without identif- ication,” followed by a clause re- ferring to the law prohibiting counterfeiting. Total outstanding currency of the Imperial Bank of Germany August 15, 1922, 204, | 690,000,000 marks against 78,997,- 000,000 one year earlier and 2,- 013,000,000 in 1914, The outstand- ing Treasury Loan notes (darlehn- skassenschein) aggregate about 8,000,000,000 marks, HUNGARY—The wording on the notes of the new Hungarian bank is, “1,000 crowns; this bank nute, which is part of Hungary's unsccured debt, must be according to law accepted by all persons and also by all vernmental and municipal official agents at its nominal value,” Notes auunndlns July 283, 22, 35,867,000,001 crowns, issued subs uent to Nov- ember, 1920, the termination of the Austro-Hungarian Bank in circu- lation, mlso about 12,000,000,000. crowns in notes of the old Austro- Hungarian Bank. i8— ITALY — The wording “Bank of Italy, 1,000 lire, f‘mnblo at sight to the hrn," wit f- erence to the law prohibiting coun- terfeiting.. Certain notes also is- sued by the Italian Government uring the war bear the words sibility of exel ng this note for the future Polish cus at a ratio which the legislative Diet shall fix for Polish marks; by direc~ tion of the Polish National Loan Oftice.”” Outstanding notes of the ) A ains! - 697,000,000 one year :firlln. ! RUSSIA—The phnuolo,y :{- pearing upon the face o o notes issued by the Soviet Govern- ment, which a, Wud on May 15, 1922, over 70,000,000,000,000 ru- bles in nominal value, is as fol- lows—“Accounting . llip of Russian Socialistic Federated Sov- iet Republic, 5,000 rubles,‘guaran- teed with all the ropor‘y of the Republic,” followed by the signa- ture of the National Comissar of Finance, The phraseology upon the currency of the Czar rubles is- sued prior to the advent of the A paper hanger in Koenigsburg covering a room with Polish and Austrian paper money because real » —“Treasury note and legal tender, 1,000 lire.” The outstanding notes of the Bank of Italy on March 20, 1922, were 13,839,000,000 against 14,363,000,000 one year earlier, and 1,857,000,000 in 1914. The ‘notes of the Government and the other banks of issue aggregate about 2,000,000,000 lire. JUGO-SLAVIA—There are in circulation 'in Jugo-Slavia three types of notes—one issued by the Serbian Government, presumably prior to the armistice, bearing the words, “God defend Serbia; The National Bank of the Kingdom of Serbia will pay to bearer b dinars in silver on demand.” Another type of note is printed in Serbian and on the reverse side the French language; while more recent notes state their value in both dinars and crowns, a recent example of this issue bearing the words—“The Ministry of Finance of the King- dom of Serbia, Croates and Slo. venes, 20 dinars,” also in red the words, “80 crowns.” The out- standing notes of the National Bank of the Serbs, Croates and Slovenes, March 31, 1922, was 4,- 785,000,000 dinars against 3,500,- 000,000 one year earlier. POLAND—The currency of the Polish Government is described by the Statesmen’s Year Book as a “temporary monetary unit.” The notes, issued by the Polish Nation- al Bank, bear these words—“The Polish State assumes: the respon- | paper is more expensive. Soviet Government is—‘“Govern- ment credit note, 500 rubles; the State Bank exchanges credit notes for gold money without limiting the amount.” UNITED KINGDOM—The notes of the Bank of England read as * - lows—“The Bank of Eng promises to pay to bearer on . - mand the sum of £5, London; 31 January, 1921.” The notes issued by branches (the Bank of FEngland use the term “here or in London.” The phras- eology upon the currency notes is- sued by the Government of the United Kingdom {s as follows: “United Kingdom of Great Britain and Ireland, £1. Currency notes are legal tender for the payment of any amount; issued by the Lords Commissioners of his Maj- esty’s Treasury under the author- ity of Act of Parliament,” fol- _lowed by the signature of the Secretary of the Treasury. The notes of the Bank of England in circulation on August 2, 1922, were ; £125,300,000 and the “currency! notes” (representing direct issues' by the British Government) shows for August 2, 1922 “notes out- standing” £298,147,000. The cir- shows a reduction of about £7,000,- 000 as compared with the corres- ponding date of last year and that of the “Currency notes account” shows a reduction of approximate. ly £29,000,000 during the yesr, culation of the Bank of England . early today® and escaped with a motor truck containing woolen goods valued at $10,000. Milton Goodman, the driver, on his way from New York to Philadelphia, said he and his two helpers were knocked unconscious and thrown into a motor car. The truck was recovered empty. Goodman gave' the police information which caused the arrest of four men. IF MOTHERS ONLY KNEW During these days how many chil- dren are complaining of Headache Feverishness, Stomach Troubles and Irregular Bowels and take cold eas- ily. If mothers only knew what Mother Gray's Sweet” Powders would so well that she refused to obey the festival committee, so this year the committee has abolished the tradi- tional ceremonies and has decided to have each of the twenty wards in Paris elect a *bee.” The entire city will have a “queen bee GRANT BREAKS TIES WITH ADAM ANDEVE | At present girls employed at the five factories named above and from the Y. W. C. A. comprisc the membership of the club but girls from the Stanle Rule & Level plant as well as the nir Bearing Co. will attend the ba quet with the formation of clubs in | | these respective factories to follow. | Mrs. Della Young of rary | |& Clark, will act as toast: nd |the following program will be carried | (i ‘ Her's at Him f CUT PARIS FESTIVITIES | Mid-Lenten Celebration This Year MAID CLATHS MAN PUNCHED HER NOSE He HOWGVCI‘, Sflys Oflly Blfiw Wa.s‘ Paris, March 1. (By Associated | Press Woman's wilfulness is blam- ed for the disappearance of another festival feature dear to Parisian | hearts, Mi-Careme or mid-lent, this | year will not see the parade of floats March 1. — Miss Nora|with the twenty queens and the queen ¢ vant employed, of queens, who formerly went in state John G. Quimby, Jr,|to the palace, dressed in elab- 'd street, testified be- | orate costumes, to be Kissed by the ! Court Justice Meyer and a|president. The queens were feted for Rector Insists We All Date Back sterday that Mr. Quimby had|weeks afterward and the prettiest do for their children no family would |struck her on the nose November 14,| were usually offered theater or mov- m Javanese Apes 1921, while she serving dinner|ing picturc engagements. |ever be without them. These s | powders are s0 easy and pleas- rtment they then occupied Mademoiselle Buchet, last year's = o ¥ Pt - o t 40th street. quecn of queens, played the royal role New York, March 1.—Dr. Percy|,n t5 take and so effective in their PAIN GONE' RUB BIGATTENDANCE AT SORE, RHEUMATIC GIRLY GLUB DINNER ABHING JOINTS Accommodations Arranged lo 580 at Annual Banquet Will Not See Usual Parade With Floats and Pretty Girls. | Solo—Miss Inger Earnest, R. & E. m, | club, Stop ‘“‘dosing” rheum s It's pain only. St 0l will stop any pain, and not one rheuma- tism case in fifty requires internal treatment. Rub soothing, penet ing St. Jacobs Oil right on the t der spot, and by the time you say Jack Robinson—out comes the rheu- | Hardware City to be held in the audi- | & Judd, I matic pain and distress. acobs 'torium of the Y. W A. on Hun-| Solo—Miss Huldah Oil is a harmless rheumatism lini- gerford court Tuesday evening of next & Judd. ment which never disappoin and week at 6:15 o'clock ables will be| Club Rep doesn’t burn the ski It takes pain, arranged to accommodate 580 girls. soreness and stiffn from ching Miss Ruth Johnson of the P. & F.| joints, muscles and bones; stops Corbin office will serve on the supper A sclatica, lumbago, bockache and neu- committee with Lo Firnhaber of |companied by ) ralgia. the Landers, ¢ Clark Co,, and & F. Corbin club. Lifaber up: M Russell | “Sticks and Dumbbe tie of old-time, 1e | Sports club, from any drug s e pro-| Rolo—Miss ¥ Visions and Programs—DMrs. F. Platt. Girls' Orchestra, and Pete,” Landers' Club Repor G| New York, | Nearly 600 girls employed in seven | Walsh, former factories of New Britain have nd an-| of the made plans ro attend the nual banquet of the Club Girls of th featuring “Andy club. rk. jury Johnson, North & 17, Corbin, Stan- Works club. | uberlain, ac- s Elsie Erlenson, P. said, and she cotton broker, for Mrs. Quimby, wl | become a moth told the girl to and place ‘Walsh a small trial bot- 'Y, W.C. A, st St. Jacobs Oil and in from Don't away. ances Vater, Russell |}, pa suffer! are Kunz of the North & snouts. THOUSANDS HAVE KIDNEY TROUBLE AND NEVER SUSPECTIT | su Grandmother kept her hair beauti- fully darkened, glossy and attractive with a brew of Sage Tea and Sulphur. ‘Whenever her hair took on that dull, | faded or streaked appearance, this | simple mixture was applied with wonderful effect. By asking at any drug store for “Wyeth's Sage and | Sulphur Compound,” you will get a large bottle of this old-time recipe, improved by the addition of other in- gredients, all ready to use, at very little cost. This simple mixture can broken, Miss Walsh | Stickney Grant preached the “_"“’"d;'acuon that mhotliers ‘who onos use ling Mr. Quimby, a | of a series of Lenten sermons yester-| thom always tell others about them, P rere ay | the human race were not Adam and v n ;;,’Li\:,“:;“,:rr',‘:‘ il Eve, but the Javanese ape, the Hei- ment you'll be assisting her L& Krwin cl immediately burst into delberg man or some other ancestor aches and stiffn nd Miss Lucy ; S A anteduting Adam by long ages, HAVE DARK HAIR splas the water, to eat from his!|ing her She aimed a blow at his| ‘lllstor)'-' Let us go back to t?m AND lUuKY UN 1d even to let him tickle their || nd stuck her fis under Mrs. | | Apostles’ Creed—which was not writ- 1imby's nose he testified, He said | > 5 il(‘n by the Apostles. They must have was speclally fearful ‘tor his wife | Begin Taking Sz It You ¥eel | jen dead by the year 160. I heard a st Nobody Can Tell When You Darken Patrolman Hugh 1. Brady, told of| Too much rich food forms aclds he 150 years old. I said, he was trying being sent to the Quimby home and| Which excite and overwork the Kid-|t; build up real estate values there. finding Miss Walsh on the sidewalk | Nevs in their efforts to filter it from | py¢ ) gon't think the Apostles lived with her nose hleeding. She told him | th “lush the kidneys occd-| 4ny guch length of time as a hundred WT W’HTH’ dull misery in the Kidney region, | .ot contain all the phrases of the SAY | i Applicants for Insurance Often ':'sfion Thev it s, but the B i bebk bf M MUY | s sonan Sl b pis Rejected, Miss Walsh denied she had threat. | ache, dizziness, the stomach s0UrS.| wpp wags' not until another genera- and when the |y, aeterward that the phrase came | | day in the Church of the Ascension, | g, Al deay 100 damages. | Sold by druggists everywhere. Trial was expecting to DR'NK WA'I'ER declaring the Apostles did not write | pyokage sent FREE. Address Moth- Rub rheumatism Judd M At Ayscough 1. Nding, Bng- |4 o did we think we were— After tracing the eccleciastical .hts- land, perch have been tr 0 come |the | f b Ast and ing tory of the Creed, Dr. Grant said: and gently s Walsh by the Backachy or Have Bladder | clergyman down on Long Island last arm and led her from the room. He Weakness. Sunday night who implied that the| Gray, Faded Hair With Sage Tea. Quimby had hit her. e led her back | sionally to relieve them like you Te-|gnq fitty years after Jesus was born, into the apartme where Quimby | . the bowels removing aflds-’whlch is the first we hear anything -d 4 FLOWERD / ened elther of her employers or used | tengue Is coated, _ 1 - I A 0 ’ abusive langunge. “ weather is bad you have rheumatic |in about the Holy Spirit or the phrase Judging from reports from drug. | [ twinges. The urine is cloudy, full of | qpoirnate by the Holy Ghost by the her husband said ;lho Creed, and that the progenitors of | o Gray Co., Le Roy, N. Y. | [F BACK OR to the surface when the gardener |them ists who “-;.r,. half stary- “Now, take another side of this cmphatically denied striking her. people in his neighborhood lived to g sted they all to the police Waste and poison, else you may feel | a0yt the Aposties' Creed. Then it did diment, the channels often get ""Vtrgin Mary'." 4 on. They did o, but the lieuten- | 5 gists who are constantly in direct | touch with the public, there is one preparation that has been very suc- cessful in overcomming these condi- ritated, obliging one to get up two | | or three times during the night. | Eve. Of man’s origin he said. Dr, Grant then turned to Adam and be depended upon to restore natural color and beauty to the hair. A well-known downtown druggist To help netitralize these {irritating “Take these books 1 referred to| P | acids and flush off the body’s urinous | Baltimore Rum Runners Flourishing | waste, begin drinking water, Also get about four ounces of Jad Salts from any pharmacy, take a table- | Sunday. Mr. Henry Fairfield Osborne’s S4¥s everybody uses Wyeth's Sage | account of the Stone Age, and look|#nd Sulphur Compound now because at the pictures that represent the it darkens so naturally and evenly Javanese ape and the Heidelberg man | that nobody can tell it has been ap- | spoonful in a glass of water before o,y o1pers you wouldn't like to have | Plied—it's so easy to use, too. You !"!‘(vakfilk( for a few days and your‘.m‘y of those in your family. But ,(‘g]mp]y dampen a comb or goft brush ~Bootleggers | kidneys may then act fine and blad- somebody gave you a picture of Adam | and draw it through your hair, tak- der disorders disappear. and live, you would say—Those are D& one strand at a time. By morn- This famous salts is made from the [ {16 BV YOL FEET SAY |ing the gray hair disappears; after aeid of grapes and lemon juice, com- | “But you did not at all come ,mmmnouwr application or two, it is re- who get caught. This was announc- | hined with lithia, and has been used H | stored to its natural eelor and looks y >a il those. You came from the Javanese 4 :;11]0011;:\ rtll.mvl:_rl ¢ .r; i;:: ,:,,. )4,.1,,’-",',1 "","'."';""L Hn’:IHldl:l':*ul:t: ape, and the Heidelberg gentleman, ori glossy, soft and beautiful. . .‘,1,1 ,;, on tn’ivy of l|v,:‘:a| Imut- :];,fifl::‘ “;n:;f :i;;‘:1,“‘:"’“,',‘:.“_:“]“; one of the many gentiemen who exist- e 2 > e X by . . d many thousands of years ago.” | makes a delightful effervescent Jithia- | © v L4 o i bon keeper, recently arrested water drink which millions of men | | quoted tion the Volstead act, was|and women take now and then to| c s quuon" charged $10 annval due. | der disorders, | BANDITSMRODU T 1ying the “protective asso- | help prevent serious kidney and blad- — | By all means drink lots of good | shine. raises | water every day. Have your physi-| Philadelphla, March 1.-—8ev cian exarnine your kidneys at least |dits heid up three men at Neshaminy twice a yoear, Falls, 20 miles northeast of this city tions. The mild and healing influ- ence of Dr. Kiliser's Swamp-Root is soon realized. It stands the highest for its remarkable record of success, An examining physician for one of the prominent Life Insurance Com- panies, in an interview of the subject, made an astonishing statement that one reason why so many appl te for insurance are rejected is because kidney trouble is 8o common to the American people, and the la jority of those whose appl declined do not even suspect that they have the discase, Dr. Kilmer's Swamp-Root is on sale at all drug stores in bottles of two sizes, medium and large. However, if you wish first to test this great preparation send ten cents to Dr. Kilmer & Co., Binghamton, N, Y., for a sample bottle. When te ing be sure and mention this paper, To Such An Extent That They Form Easter comes again, with the nead for a delicate expression of sacred remeimbrance. We honor this desire, and have spent the past win- ter in producing a suitable supply of flowers for this need. Come in and see our lily display— seldom have we shown such specimens. Prices reasonable. Phone Orders Filled Promptly Volz Floral Co. 92 WEST MAIN ST. TEL. 1116 | “Protective Association.” Baltimore, March 1 in this city are flonrishing to such an extent that they have formed an as soclation to provide lawyers for thos the Frank E. Goodwin Fyesight Specialist 227 MAIN S1. TEL 1905 Every minute of su |37,000,000,000 tons of water frem the rurth. |