Thursday, 15 November 2012

15th November

The Deutschmark was introduced in Weimar Germany today in 1923. Inflation was so galloping that a loaf of bread cost 200,000,000 marks. Anybody having a coffee in the Alexanderplatz in Berlin paid for it before they sat down. By the time they got up, it might cost ten time the starting price.

In other news ...
William Pitt the Elder, the Earl of Chatham, was born today in 1708. Because of his relatively humble birth, he was sometimes called the Great Commoner. There were those who believed they didn't come any greater. And there were those who believed you couldn't be any commoner. Well done to his parents though, for their foresight in actually calling him William Pitt The Elder Earl Of Chatham. A bit of a mouthful at the font, perhaps, but it no doubt helped him in his early parliamentary days.