Austro-Hungarian Bank
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Austro-Hungarian Bank
The Austro-Hungarian Bank (german: Oesterreichisch-ungarische Bank, hu, Osztrák–Magyar Bank, cs, Rakousko-uherská banka, pl, Bank Austriacko-Węgierski, hr, Austro-Ugarska banka) was the central bank of the Habsburg Monarchy in the 19th and early 20th centuries. The institution was founded in 1816 as the privilegirte oesterreichische National-Bank (), and changed its name in 1878 as a delayed consequence of the Austro-Hungarian Compromise of 1867. It was liquidated in the financial turmoil folloiwng the collapse of the Habsburg Monarchy in late 1918, and was principally succeeded by the Oesterreichische Nationalbank in Vienna, the Hungarian National Bank in Budapest, and the National Bank of Czechoslovakia in Prague. Background The first note-issuing institution in the Habsburg Monarchy was the Municipal Bank of Vienna or , established in 1705. It started issuing banknotes in 1762, which were known as "Bancozettel". During the Napoleonic Wars, the imperial Austrian gove ...
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Palais Ferstel Cafe Central
Palais () may refer to: * Dance hall, popularly a ''palais de danse'', in the 1950s and 1960s in the UK * ''Palais'', French for palace **Grand Palais, the Grand Palais des Champs-Elysées **Petit Palais, an art museum in Paris * Palais River in the French ''département'' of Deux-Sèvres * Palais Theatre, historic cinema ("picture palace") in Melbourne, Australia *Richard Palais (born 1931), American mathematician *Le Palais, a commune in Morbihan departement, France See also *Palais Royal (other) * Palai (other) * Palace (other) A palace is a grand residence, usually for royalty or other high-ranking dignitaries. Palace may also refer to: Places * Palace, Missouri, a community in the United States * Palace Site an archeological site in Des Moines, Iowa, U.S. Buildings ... * Palas (other) {{disambig, surname ...
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Francis II, Holy Roman Emperor
Francis II (german: Franz II.; 12 February 1768 – 2 March 1835) was the last Holy Roman Emperor (from 1792 to 1806) and the founder and Emperor of the Austrian Empire, from 1804 to 1835. He assumed the title of Emperor of Austria in response to the coronation of Napoleon as Emperor of the French. Soon after Napoleon created the Confederation of the Rhine, Francis abdicated as Holy Roman Emperor. He was King of Hungary, Croatia and Bohemia. He also served as the first president of the German Confederation following its establishment in 1815. Francis II continued his leading role as an opponent of Napoleonic France in the Napoleonic Wars, and suffered several more defeats after the Battle of Austerlitz. The marriage of his daughter Marie Louise of Austria to Napoleon on 10 March 1810 was arguably his severest personal defeat. After the abdication of Napoleon following the War of the Sixth Coalition, Austria participated as a leading member of the Holy Alliance at the Congr ...
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Bimetallism
Bimetallism, also known as the bimetallic standard, is a monetary standard in which the value of the monetary unit is defined as equivalent to certain quantities of two metals, typically gold and silver, creating a fixed rate of exchange between them. For scholarly purposes, "proper" bimetallism is sometimes distinguished as permitting that both gold and silver money are legal tender in unlimited amounts and that gold and silver may be taken to be coined by the government mints in unlimited quantities. This distinguishes it from "limping standard" bimetallism, where both gold and silver are legal tender but only one is freely coined (e.g. the moneys of France, Germany, and the United States after 1873), and from "trade" bimetallism, where both metals are freely coined but only one is legal tender and the other is used as "trade money" (e.g. most moneys in western Europe from the 13th to 18th centuries). Economists also distinguish ''legal'' bimetallism, where the law guarant ...
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Lands Of The Crown Of Saint Stephen
The Lands of the Crown of Saint Stephen ( hu, a Szent Korona Országai), informally Transleithania (meaning the lands or region "beyond" the Leitha River) were the Hungarian territories of Austria-Hungary, throughout the latter's entire existence (30 March 1867 – 16 November 1918), and which disintegrated following its dissolution. The name referenced the historic coronation crown of Hungary, known as the Crown of Saint Stephen of Hungary, which had a symbolic importance to the Kingdom of Hungary. According to the First Article of the Croatian–Hungarian Settlement of 1868, this territory, also called Arch-Kingdom of Hungary (, pursuant to Medieval Latin terminology), was officially defined as "a state union of the Kingdom of Hungary and the Triune Kingdom of Croatia, Slavonia and Dalmatia". Though Dalmatia actually lay outside the Lands of the Crown of Saint Stephen, being part of Cisleithania, the Austrian half of the Empire, it was nevertheless included in its nam ...
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Cisleithania
Cisleithania, also ''Zisleithanien'' sl, Cislajtanija hu, Ciszlajtánia cs, Předlitavsko sk, Predlitavsko pl, Przedlitawia sh-Cyrl-Latn, Цислајтанија, Cislajtanija ro, Cisleithania uk, Цислейтанія, Tsysleitaniia it, Cisleitania , officially The Kingdoms and Lands Represented in the Imperial Council, () was the northern and western part of Austria-Hungary, the Dual Monarchy created in the Compromise of 1867—as distinguished from ''Transleithania'' (i.e., the Hungarian Lands of the Crown of Saint Stephen east of beyond"the Leitha River). This name for the region was a common, but unofficial one. The Cisleithanian capital was Vienna, the residence of the Austrian emperor. The territory had a population of 28,571,900 in 1910. It reached from Vorarlberg in the west to the Kingdom of Galicia and Lodomeria and the Duchy of Bukovina (today part of Ukraine and Romania) in the east, as well as from the Kingdom of Bohemia in the north to the Kingdom of Dalm ...
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Austro-Prussian War
The Austro-Prussian War, also by many variant names such as Seven Weeks' War, German Civil War, Brothers War or Fraternal War, known in Germany as ("German War"), (; "German war of brothers") and by a variety of other names, was fought in 1866 between the Austrian Empire and the Kingdom of Prussia, with each also being aided by various allies within the German Confederation. Prussia had also allied with the Kingdom of Italy, linking this conflict to the Third Independence War of Italian unification. The Austro-Prussian War was part of the wider rivalry between Austria and Prussia, and resulted in Prussian dominance over the German states. The major result of the war was a shift in power among the German states away from Austrian and towards Prussian hegemony. It resulted in the abolition of the German Confederation and its partial replacement by the unification of all of the northern German states in the North German Confederation that excluded Austria and the other South ...
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Bank Charter Act 1844
The Bank Charter Act 1844 (7 & 8 Vict. c. 32), sometimes referred to as the Peel Banking Act of 1844, was an Act of the Parliament of the United Kingdom, passed under the government of Robert Peel, which restricted the powers of British banks and gave exclusive note-issuing powers to the central Bank of England. It is one of the Bank of England Acts 1694 to 1892. Purpose Until the mid-nineteenth century, commercial banks in Britain and Ireland were able to issue their own banknotes, and notes issued by provincial banking companies were commonly in circulation. Under the 1844 Act, bullionism was institutionalized in Britain, creating a ratio between the gold reserves held by the Bank of England and the notes that the Bank could issue, and limited the issuance by English and Welsh banks of non-gold-backed Bank of England notes to up to £14 million. The Act also placed strict curbs on the issuance of notes by the country banks, barring any new "banks of issue" in any part of the ...
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Franz Joseph I Of Austria
Franz Joseph I or Francis Joseph I (german: Franz Joseph Karl, hu, Ferenc József Károly, 18 August 1830 – 21 November 1916) was Emperor of Austria, King of Hungary, and the other states of the Habsburg monarchy from 2 December 1848 until his death on 21 November 1916. In the early part of his reign, his realms and territories were referred to as the Austrian Empire, but were reconstituted as the dual monarchy of the Austro-Hungarian Empire in 1867. From 1 May 1850 to 24 August 1866, Franz Joseph was also President of the German Confederation. In December 1848, Franz Joseph's uncle Emperor Ferdinand abdicated the throne at Olomouc, as part of Minister President Felix zu Schwarzenberg's plan to end the Revolutions of 1848 in Hungary. Franz Joseph then acceded to the throne. Largely considered to be a reactionary, he spent his early reign resisting constitutionalism in his domains. The Austrian Empire was forced to cede its influence over Tuscany and most of its claim to ...
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Crimean War
The Crimean War, , was fought from October 1853 to February 1856 between Russia and an ultimately victorious alliance of the Ottoman Empire, France, the United Kingdom and Piedmont-Sardinia. Geopolitical causes of the war included the decline of the Ottoman Empire, the expansion of the Russian Empire in the preceding Russo-Turkish Wars, and the British and French preference to preserve the Ottoman Empire to maintain the balance of power in the Concert of Europe. The flashpoint was a disagreement over the rights of Christian minorities in Palestine, then part of the Ottoman Empire, with the French promoting the rights of Roman Catholics, and Russia promoting those of the Eastern Orthodox Church. The churches worked out their differences with the Ottomans and came to an agreement, but both the French Emperor Napoleon III and the Russian Tsar Nicholas I refused to back down. Nicholas issued an ultimatum that demanded the Orthodox subjects of the Ottoman Empire be ...
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Prussia
Prussia, , Old Prussian: ''Prūsa'' or ''Prūsija'' was a German state on the southeast coast of the Baltic Sea. It formed the German Empire under Prussian rule when it united the German states in 1871. It was ''de facto'' dissolved by an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by an Allied decree in 1947. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, Berlin, decisively shaped the history of Germany. In 1871, Prussian Minister-President Otto von Bismarck united most German principalities into the German Empire under his leadership, although this was considered to be a " Lesser Germany" because Austria and Switzerland were not included. In November 1918, the monarchies were abolished and the nobility lost its political power during ...
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Autumn Crisis Of 1850
Autumn Crisis or November Crisis is the name given to a political-military conflict in Germany in 1850. In this conflict, the ultra-conservative Austrian Empire led those German states that wanted to restore the German Confederation after the revolution of 1848-1849, while Prussia wanted to create a new federal-state (the Erfurt Union). This almost led to war in Germany, which was finally avoided by Prussia's backing down. This Austrian-Prussian opposition had arisen in the spring of 1849: although the Prussian king rejected the Frankfurt Constitution, he promptly made the German states an offer to establish a German empire on a more conservative basis. The king's half-heartedness had already caused this Erfurt Union to fail, de facto, in the spring of 1850. Still, the conflict with Austria and its allies came to a head in the course of that year. The core of the conflict was the situation in the state of Kurhessen. Austria and Bavaria intended to invade Kurhessen on behalf of ...
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Revolutions Of 1848 In The Austrian Empire
The Revolutions of 1848 in the Austrian Empire were a set of revolutions that took place in the Austrian Empire from March 1848 to November 1849. Much of the revolutionary activity had a nationalist character: the Empire, ruled from Vienna, included ethnic Germans, Hungarians, Slovenes, Poles, Czechs, Slovaks, Ruthenians (Ukrainians), Romanians, Croats, Venetians and Serbs; all of whom attempted in the course of the revolution to either achieve autonomy, independence, or even hegemony over other nationalities. The nationalist picture was further complicated by the simultaneous events in the German states, which moved toward greater German national unity. Besides these nationalists, liberal and even socialist currents resisted the Empire's longstanding conservatism. Preamble The events of 1848 were the product of mounting social and political tensions after the Congress of Vienna of 1815. During the "pre-March" period, the already conservative Austrian Empire moved furthe ...
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