1923

1923 - Smuggling and printed money

 After the First World War the situation for the industrial company is not easy. In French-occupied Rhineland the sale of manufactured goods in the non-occupied territories is only possible by smuggling at night. As there is also a lack of cash, people resort to self-printed vouchers.

The first commercial agency agreement for the sales territory in the northern Rhine area is concluded with Hoffmann und Posse from Essen.  


 

 

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