Germany
After its victory in the Franco-Prussian War (1870–71), Germany extracted a huge indemnity from France of £200,000,000 in gold, and used it to join Britain on a gold standard. Germany's abandonment of the silver standard put further pressure on other countries to move to the gold standard.
Read more about this topic: Silver Standard
Famous quotes containing the word germany:
“It is the emotions to which one objects in Germany most of all.”
—Franz Grillparzer (1791–1872)
“If Germany is to become a colonising power, all I say is, “God speed her!” She becomes our ally and partner in the execution of the great purposes of Providence for the advantage of mankind.”
—W.E. (William Ewart)
“The tears I have cried over Germany have dried. I have washed my face.”
—Marlene Dietrich (1904–1992)