PREVIEW

... After entering the year 1855, the Austrian Government’s economic conferences became more frequent, focusing not only on handling bad assets but also, more importantly, on currency reform.

Unlike at the beginning of his reign, when Austria’s reserves of gold and silver were insufficient, stabilizing the currency became the primary focus of the government’s economic efforts.

During the Near East War, a significant inflow of gold and silver through trade with Russia eased Austria’s ...

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