Talk:Paul Wolfskehl

Format and lack of sources

This article is written as a story and lacks the format of an enciclopedic article, besides not having any sources except for some random facts at the end. Federicoaolivieri (talk) 07:43, 9 December 2014 (UTC)

Untitled

Most of the article seems to be copyvio from here. (Though it says to be written for an Open University, so maybe its free content?) --Tgr 09:52, 7 April 2007 (UTC)

→The link is down, as of december 2014Federicoaolivieri (talk) 07:43, 9 December 2014 (UTC)

Correct date of attribution

As per [1], Wiles received the prize on 27 june. --Roberto.zanasi 10:10, 15 June 2007 (UTC)

Amount

As Petr Beckmann points out, Germany's hyperinflation reduced a hundred thousand marks to less than a penny; the Prize must have been refunded after 1924. Septentrionalis PMAnderson 15:57, 22 June 2009 (UTC)

Beckmann is definitely wrong. German law required for a long time the investment of all philanthropic funds in government bonds and during World War I in war bonds. World War I was in fact funded partially by forcing foundations and non-profit organizations to buy war bonds. After the war, the German government expropriated German foundations by largely devaluing the government and war bonds. In 1925 the German government owed foundations and individuals who had bought government and war bonds about 70 billion marks. The government's decision not to repay this debt but to simply devalue these bonds at a rate of 2.5 percent of their nominal value largely expropriated German foundations and non-profit organizations. The government decreased its domestic debt from 70 to a mere 1.75 billion marks at the expense of the philanthropic sector which was largely ruined as a result. The trustees of the Wolfskehl foundation had been forced by the government to buy war bonds for 80,000 marks. This sum was lost after World War I. 20,000 marks, however, had been left over. — Preceding unsigned comment added by 84.157.64.97 (talk) 14:55, 12 September 2014 (UTC)

Copyright problem removed

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