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Austria-Hungary Introduces Gold Currency

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Pacific Press Publishing Company · Oakland, California · Sep 11, 1901

FromSigns of the Times, Vol. 27, No. 37.

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Austria-Hungary Introduces Gold Currency

The directors of the Austro-Hungarian Bank have decided to begin the introduction of gold currency by a small issue of 20-kroner gold pieces. The government has collected a sufficient reserve of gold bullion to begin to replace paper money with gold.