Show many new currencies appear in europe washington Is busy 0 OFFICIAL these lays days keeping keepin truck track of the many new currencies that aro are making their appearance in europe for in autance Is using gold slugs lu lit convent ent form to be valued by weight the republic of laivin lias has adopted us as its standard unit of value the lat equal to a gold franc iiO 19 notes issued b by y the bank of latvia in terms of lats tire are covered with it a relatively large reserve of gold and foreign currencies ren cies cles the lat tins has recently been quoted above par with the dollar the gulden of the free state of danzig Is another unit lately adopted equal to one twenty fifth of tile the pound sterling gold which Is approximately Inin tely one gold franc Lithun lithuania nin lias has abandoned european precedents and fixed the noi nominal ninal value of its new unit tile the litas or lit as one tenth or of tile united states dollar at present the paper currency Is incon but it Is reported that there Is a large reserve resene of gold tin and currency behind the notes and art their value tins lins been well maintained poland began the lie introduction of the gold standard on jan 3 1 1024 1924 nathi currency unit equivalent to the lie fran frai for which the name zloty Is s used austria having already stabilized 16 paper currency hils has announced aliel to of a new silver coinage tile the representative coin li to he be the equivalent of kr kronen ollen or about one seventh of a dollar mil and others in III tile series N will v ill be es or fractions of tills this standard coin germanys germanas Germ anys latest effort to its currency consists in the alie issue ol of rout en marks a temporary curren currency cl limited to a period of two years while the nominal value of it li 13 one gold mark the now new issue Is not convertible into gold the free city of bremen lias has adopted an emergency currency in the form of notes w which 11 jell bear on their face their value lit in dollars and also the equils lent in gold marks another emergency currency Is that of tile the city of Il hamburg amburg which 1183 hi established a bank to issue notes on tile the busl basis of gold credits at the banks disposal olit outside side of germany the russian Is nominally equal to 10 gold rubles or |