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Original scientific paper

Finis Austro-Hungariae Banknotes of the Austro-Hungarian Bank as a Reflection of the State-Law Controversies and Process of Political Disintegration of the Dual Monarchy

Ivan Filioović ; Croatian state archives, Zagreb, CRO


Full text: croatian pdf 12.340 Kb

page 157-198

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Full text: english pdf 332 Kb

page 198-199

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Abstract

Created by the Austro-Hungarian Compromise in 1867, the Austro-Hungarian
Monarchy was an unusual construct even for the lawyers of that time, and did not fit
into the then state-law typology of “complex states”. It was the result of constant confrontations
between Austrian political circles, which wanted to increase the integration
of entities unified under the Habsburg crown, on the one hand, and on the other of
Hungarian political circles, which aspired to the maximum, even to the complete state
independence of Hungary.
As Hungary did not have the strength to found its own national bank (which would
issue its own banknotes), in 1878 the Austrian National Bank became the Austro-
Hungarian Bank, and as the common central bank it was in charge of and issued the
common currency, first the Austrian forint, and then the Austro-Hungarian krone.
Partly because of political differences, partly because of constitutional vagueness,
the common Austro-Hungarian banknotes were a subject of disputes because both sides
gave them a great symbolical importance, and the reactions of the public show how
important this issue was.

Keywords

Hrčak ID:

275821

URI

https://hrcak.srce.hr/275821

Publication date:

20.12.2021.

Article data in other languages: croatian

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