Silver Standard - Germany

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.

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Famous quotes containing the word germany:

    It is the emotions to which one objects in Germany most of all.
    Franz Grillparzer (1791–1872)

    We are fighting in the quarrel of civilization against barbarism, of liberty against tyranny. Germany has become a menace to the whole world. She is the most dangerous enemy of liberty now existing.
    Theodore Roosevelt (1858–1919)

    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 (1879–1955)