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:

    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)

    The tears I have cried over Germany have dried. I have washed my face.
    Marlene Dietrich (1904–1992)

    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)