Excerpt from Paper Money by "Adam Smith," (George J.W. Goodman), pp. 57-62. Before World War I Germany was a prosperous country, with a gold-backed currency, expanding industry, and world ...

The Dawes Plan and the London Agreements specify the present payments to be made by Germany for account of the Agent General for Reparation Payments; for the year ending August 31, 1928, these ...

The city of Cologne recently obtained $10,000,000 through a 6½% twenty-five year bond issue, floated by a New York banking syndicate headed by Blair & Co. Principal and interest are payable ...

Gold futures were up sharply on Thursday, with prices touching a record intraday high of $2,840.50 an ounce on Comex, with uncertainty surrounding President Donald Trump's tariff threats ...

In 1914, the exchange rate of the German mark to the American dollar was about 4.2 to one. Nine years later, it was 4.2 trillion to one. The out-of-control inflation began somewhat mildly during ...