Note 41 — Chapter III
Reading edition
Exports for the six months May–October 1921 were valued at about 40 milliard paper marks (exclusive, I think, of deliveries of coal and payments in kind to the Allies), as against imports valued at 53 milliard paper marks. If the monthly export figures are converted into gold marks at the average exchange of the month, the exports for the six months work out at about 1865 million gold marks, or at the rate of rather less than 4 milliard gold marks per annum.