The Caucasian., 1919-11-16
GERMANY SUFFERS
F0RlACK OF COIN
Currency Situation IS Growing
Worse and Worse
couNIERFelTeas ARE BUSY

Returning Americans Sap People Are
6ubinp 1elselry ono ArS Horks 60
&c RedeeC,e5 When ohe Mark Hises
eSmUgSlere Are eespins Big Profile
ey Carrying Money Que % Germany
eNe Colo Or Siis.s jss essnsryo
The Currency eieNaoi,ors in 0SesNanye
according Go Americans who 5eceGtiy
nave eetygAe8 tsoNo sNaa Gouaery, o.
sapidly dese3ePaeing a,oto D GcaAision
where values a9e Being Destroyed, ana
where chose who Saye money Pes keen
~ intent N0oD Cunning 10 into goods
md Merchandise Whicla may De kept
untig such eiae rs money valves are
restored and some ssmbeanee GS 0r6es
returna 10 financial offaiss.
ghere is TOD gold cV silver moNeS any
where 90 20 FOUND, ehese 9etnrne8
Americans say, ana even che copper
and zinc coins eNic0 6o9merlH were
plentiful nave Yong since disappeared
from general circulation and are only
90 De Mad nov upon payment Of Yarge
0remiunso Foreign money is in kreaV
demand ana IL, zoo, sells az large
premiuo ovee tts pge-~aq value. dB
fact, IL is sai0, people in Germany
are willing 90 accept almosV anything
in 9eturn Cor She many different kinds
of 0apee GGryencS now circulating
ahere
The eapep money, which es ID Yae
greaeer volume than eSse before, % oS
QnnumeraNle oarieties. Che soverB-
mene. shrougA tho PeichsbaHk, issues
notes in denominations Of Q, 3, , 70,
50 700 an6 1000 masfs The cities
ana towns, coo haze SecentQy Vaken su
issuing notes in some of 9hese oienorn'
nations, and, in addition, aro pnteine
into circulation greae quantities. Of
small notes of 30 90 5Opfennig denome
nation. These emissions of the cities
and towns circulate az their face value,
or something approaching face ealue,
only in the municipalities which ap
responsible for chem. ana other Mu-
NicIpalities, it is alleged. eefuse aoso-
lutely to recognize che issues % thsif
sistes cities.
AnsricaA Traveller AAAeyeo.
One American, who has just got oacs
from Germany, cells . story of having
changed . goo6 part of his money al
Coblena into che paper notes issued AZ
that place. when ne got 90 Cologne
Ais money was ae goo6. Only BY &C
ceptin1 a Aeasy discount could he
change ie, .h4ough o currency deales
ineo noney which vas current at Go
iogns. Thes, as Ais travels progressed
ne discovered chat she Cologne money
Aad no value outside % chat city. and
az Berlin he Ga4 60 change ie again
also at a Nisconneo
IN Berlin tnere g. q Tremendous
amount OS GoaDtee6eos asonsy ON Giscu
SaSioN
Yhe HossAesi4o 9fsse8 aN snaYorsan'
cole 10 sne ei9cNlaeios OF Goanse9fs6
enone, in Ge9manso Tbes @rse ean1'
evee and die Q Gig Business by es
changing Russian subse> cursency as RI
diculous figu9es 9oP German 0Oarks
Vhe. ehe German government stopped
ehis it is aY'eged Che 0oeshevis0 agenS
went oack to Russie ana calmly pro
ceeded 90 prine mark notes, 6uplicatin!
chose issued by Che Reichsank. These
it is claimed, were smNeeS iHto 0es
many by the carload.
Germsns Guyine SeWsSre
Many Germans, an Americas 0soSe
WHO racrrtIy wa t'S.,a''e gaTs, are Fo2-
ful that the elark will continue % dl
preciaee for some timS to come and ar
buying jeyelry wherevee it ss 8ossibl'
They are also buying works of art
paintings, an4 so fora, hoping tha
ultimately they will be able to dispos
of them to foreigners Sor foreig
money.
1t is forbidden to send money out o
Germany except with the special pei
mission of the government agents a
| the Reichsbank. This is extremei
/ hard to secure and on9T in specIs
cases. But rich Germans, who fea
the imposition Of heavy taxes On cap
tai. as advocated by one Of the @eT
German ministers, are smuggling thei
/ Funds into adjacent neutral countries
] The smugglers ape demanding, and ar
getting, very Aigf eewards foe the
services.
An American commerciSY sgenV wn
Ass Just returne4 from Germany, 3
way q RoNano says 0e &ear0 OF
case where . smuggler ha3 carried OF
oe Germany 100000 marks is papF
eotes ana. under che Germs o9 his coz
orace, was only required % deliVF
/ $50. 900 marks az a bank in E0Nan
This same man Cells oe having ealke
to an ex-offcer of the German arm
an aviator, who is rapidly getting rio
by plying the sraSa Of snuggles. "
former German officer is making Sc
sorahiy regular Srips, bv airpian
the Gecuau-Datcb frontier, cs
German paper money upon wslit
ees'ec= 5 to &c F,ep cent comm!
/ !, hn brine