7 OCTOBER 1871, Page 2

The Berlin correspondent of the Pall Mall Gazette asserts posi-

tively, what has also been stated elsewhere, that Prince Bismarck has not only determined on a gold standard for Germany,—whicl. is, we believe, true,—but that the gold standard is to be the sieme- ns our own. The ten-groschen piece, which is equivalent tee our shilling and is to be called a mark, is to be the basis of calcu- lation. It is to be subdivided, of course, into ten silbergroschen, as. at present, and each silbergroschen is to be subdivided again into- ten pfenninge, instead of, as at present, twelve. Again, there la to be a gold piece of fifteen marks, and another of twenty marks, which last would be equivalent exactly to our pound. This would be all exceedingly convenient for English travellers in Germany, ata the mark and the twenty-mark piece would make them quite at home in the silver and gold coinage, and also for German: travellers—or conquerors—in England. The sovereigns in the cellars of the Bank of England would be really most convenient, in case of our paying a great Indemnity, for the German currency.