href="@public@vhost@g@gutenberg@html@files@29499@[email protected]#noteref12" class="pginternal" tag="{http://www.w3.org/1999/xhtml}a">¹² In the second week of November the mark fell to 1300 to the paper pound, recovering a day or two later (Wednesday, November 9) to 980.

¹³ A month or two later they were not worth a shilling. The Russian Soviet Government was offering two hundred thousand roubles for one pre-war silver rouble!

¹⁴ Two dollars.

¹⁵ Twenty-five Soviet roubles would have been dear at a farthing.

¹⁶ On this note is stamped 20 Kruna to indicate that five dinars exchanged for twenty Austrian crowns.

¹⁷ To-day, November 30, 1921, the paper pound is worth about four fifths of a gold pound. The purchasing power of gold—say, the gold dollar—is perhaps about two thirds of what it was before the war.

¹⁸ Taken by permission from an article by the author in the Saturday Evening Post of November 12, 1921.