Puchinger: War Loan 1915.

Erwin Puchuinger War Loan 1915. German war bond poster’s  title trnslatess “ Subscribe to the Third War Loan at 51/2% Interest.” All told, the Germans conducted eight war loan drives during the war. Germany not only financed its own war effort but that off its hapless, Austro-Hungarian allies as well. The Germans and the Austro…