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than when it was proceeding. If it cannot be checked it leads finally to economic chaos, as exemplified by a story, lately told by Mr. Lloyd George to a Lancashire deputation, of two men in Vienna, each of whom had 10,000 Kronen (Austrian crowns). "One paid 10,000 Kronen into the bank; the other put his into wine. He drank all the wine, but the empty bottles are now worth more than the 10,000 Kronen put into the bank." (Times, July 7, 1922.) Or is this another argument in favour of currency depreciation? Falstaff, that "globe of sinful continents" would swear very heartily that it is.