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Show Hoarded Money I VVT HEN in 1871 Germany levied the billion dol- lar indemnity upon France, Prince Bis- gi marck expressed the belief that the indemnity would prostrate France for twenty years to come. I The authorities of Franco made an appeal to r the people; they went down into their stockings u and hearth stones, brought out their hoarded R wealth and paid the indemnity in a, few months. . At that time the people of France numbered, T oil told, about thirty millions, or say thirty per cent of our present population. The way the half-billion half-billion dollar loan was subscribed for indicates that in their stockings and under their hearth stones our people have three times the amount that France had then. Had silver never been interfered with the hoarded money would now have been mostly in standard dollars. |