•A 



5403 Reno Road, 



Washington, D. G. , 



iTov. 



» 



1922. 



Mr. '.'.'alter Deane, 



Cambridge , 



lass. 



Dear Mr. ^eane, 



I am very 



glad the grasses s -nt for models please you. 



Where is Mr. Blatchka located, in Germany? I think there is a 

 hsavy tax on everything earned in both Germany and Austria. I 

 was told that the tax on anything sold is 70$ in Austria and 60fo 

 in Germany. But how is Germany going to pay her indemnity if 

 she does not tax to the very limit? So Car as sfcy experience 

 went none of the Suropean countries, not even Sngland, cir- 

 culate any hut their own money. I think all the countries 

 whose money is depreciated : p orbid taking^money e f - aaf; ftia«m^ 

 in gold or silver out of the country. On entering France I 

 was given a form to fill out declaring how much money I had 

 and in what form it was. He gold or silver can he carried out 

 even if the gold or silver money has heen "brought from another 

 country. It is cashed at the rate for that day — and the rate 

 may he much lower next day. Of course it is confiscation — hut 

 near -"bankrupt governments con not stop at confiscation ,.'( so long 

 as they do not call it that I) I carried my supply in Cook's 

 checks, which are not money until they were signed. Only a 

 fair supply of paper money can he taken out--l have forgotten 

 how much, about #100 if I remember right. It was the same in 

 Austria and Germany, but in Austria they take one's word for 

 it — France and Germany demand to he sfeown your last penny. 

 One can keep American money in any of these countries and cash 



