Page 15 - The treasure of Wörgl

August 18 , 1932
th
After endless discussions,
the Kufstein District
Commission decides to
protect the Mayor’s
interests, which buys him
some time. Having
successfully arranged
a meeting with Minister
Rintelen, a small
hopeful delegation
sets off to Vienna...

Mr. Minister, ...briefly...
why should we deny Please briefly
the people a relief initiative explain this to us.
that will be their only
salvation?
...explain...

Since the government has continually reduced the money supply Sounds Yes. Yes.
in recent years, we’re now seeing deflation. However, too much interesting!
money in circulation would bring us inflation. What is far more
crucial is the speed at which our money circulates.

Nobody wants to hold on Uhm ...… Are you referring to the old saying, “Thaler,
to our work vouchers for long. thaler, you must wander”? Well, Mr. Unterguggen-
Their fast circulation spurs quick berger, I assure you that the government will not
new demand and helps pay interfere with the campaign in Wörgl.
for necessary labor.
...not... ...inter-
fere...