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Updated: June 1, 2025
And that was how a mere municipal crisis became a frightful disaster: a whole milliard sunk to no purpose, Rome disfigured, littered with the ruins of the gaping and empty dwellings which had been prepared for the five or six hundred thousand inhabitants for whom the city yet waits in vain! Moreover, in the breeze of glory which swept by, the state itself took a colossal view of things.
'I would wager a milliard of francs, he muttered. With absolute pathos he related to Mr. Powys the aberrations of the divinely-gifted voice, the wreck which Vittoria strove to become, and from which he alone was striving to rescue her.
Of these, the value of the imports has grown from 3 to 8-9 milliards marks, and the value of the exports from 3 1/2 to 6 1/2-7 milliards.... The value of the import of raw materials for industrial purposes has grown from 1 1/2 milliards in 1879 to 4 1/2 milliards marks lately, and the value of the export of such raw materials from 850 million to 1 1/2 milliard marks.
During the "milliard years," building speculators had offered him considerable sums for the ground, but he was not to be prevailed upon to sell the house left him by his father. It was only seven windows wide, and had consisted originally of one story only, but a low second story had been added, recognizable instantly as a piece of patchwork.
In June, 1921, France had a circulation of about thirty-eight milliard of francs, Belgium six milliard of francs, Italy of about eighteen milliards; Great Britain, between State notes and Bank of England notes, had hardly £434,000,000 sterling.
Well, let us quarrel no more about the "circumcision" while a milliard of human beings are still waiting to hear for the first time the name of Jesus Christ yea, for the first time after two thousand years! Let the present time be the new Pentecost for us all. I speak to you, the British: don't look around you and wait; it is yours to start.
The entire wealth of France, they alleged, had been estimated before the war at from three hundred and fifty milliard to four hundred milliard francs, consequently for the devastated provinces hardly more than one-twentieth of that sum could fairly be demanded as reparation, whereas the claim set forth was incomparably more.
If I were to come before you today, on the assumption that conditions were different from what I believe they are, and said, "We are considerably menaced by France and Russia; it is to be expected that we shall be attacked, and as a diplomat, believing my military information in these matters to be correct, I am convinced that it is better for us to have our defense consist of a bold attack, and to strike the first blow now;" and if I added: "We can more easily wage an aggressive war, and I, therefore, am asking the Reichstag for an appropriation of a milliard, or half a milliard, marks to engage in a war against our two neighbors," then I do not know, gentlemen, whether you would have enough confidence in me to grant my request, but I hope you would not have it.
The mineral output can also point to an undreamed-of extension in Germany during the last thirty years. The amount of coal raised amounted in 1879 to only 42 million tons; up to 1908 it has increased to 148 1/2 million tons, and in value from 100 million to 1 1/2 milliard marks.
By means of the help of international banks, the first half milliard of the debt was paid off in July 1871, and Normandy was freed from the burden of German occupation. We need not detail the dates of the successive payments. They revealed the unsuspected vitality of France and the energy of her Government and financiers.
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