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 (17911872)
“The tears I have cried over Germany have dried. I have washed my face.”
—Marlene Dietrich (19041992)
“If my theory of relativity is proven correct, Germany will claim me as a German and France will declare that I am a citizen of the world. Should my theory prove untrue, France will say that I am a German and Germany will declare that I am a Jew.”
—Albert Einstein (18791955)