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Updated: August 24, 2024
Dependent rather upon the south of Europe, they were also differentiated from their northern brethren by their coinage, inasmuch as they accepted gold as their standard, whereas the Low-Germans preferred silver money, especially that of Lubeck.
It was, beside Venice, the actual world-mart of the Continent, a centre where Italians, Spaniards, Portuguese, Frenchmen, and High- and Low-Germans a motley throng congregated to exchange their goods.
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