Emperor Norton Addressed the European Trade Crisis of 1870 With an Offer of Imperial Bonds
In October 1870, the Franco-Prussian War was headed into its fourth month. Emperor Norton was angry about the bloodshed and appealed both to Wilhelm, the future German emperor, and Bismarck to stop the fighting. The Emperor also was concerned about the war’s negative impacts on European trade. He stepped into this particular breach with a concrete solution.
To help illustrate what he had in mind, the Emperor sent an influential German publisher in Leipzig one of his new imperial notes, signed and made out to the publisher.
Presented here is evidence that the note reached its destination. If this note survives, it would be the oldest one in existence.
It’s a fascinating story.
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