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Floating Mark Hikes Costs for U S Army in Europe
The marked float of the West German currency boosts rents and living costs for American servicemen in Europe. Families on the economy pay higher rents, groceries, and local goods as the dollar buys fewer marks. Army costs rise about 31.5 million dollars this year. Bonn declines to offset stationing expenses.
MENTIONED IN THIS ARTICLE
Frankfurt
Germany
U.S
Europe
Frank Godec
Pueblo
Colo
Godec
Post Exchange
Post Exchanges
Nixon
William Jeter
Hays
Kan
Godecs
Congress
3Rd Armored Division
U.S. Army
Heidelberg
Karl Schiller
Bonn
Washington
West Germany