Richard Rhodes Quote

The bow of the Carpathians as they curve around northwestward begins to define the northern border of Czechoslovakia. Long before it can complete that service the bow bends down toward the Austrian Alps, but a border region of mountainous uplift, the Sudetes, continues across Czechoslovakia. Some sixty miles beyond Prague it turns southwest to form a low range between Czechoslovakia and Germany that is called, in German, the Erzgebirge: the Ore Mountains. The Erzgebirge began to be mined for iron in medieval days. In 1516 a rich silver lode was discovered in Joachimsthal (St. Joachim’s dale), in the territory of the Count von Schlick, who immediately appropriated the mine. In 1519 coins were first struck from its silver at his command. Joachimsthaler, the name for the new coins, shortened to thaler, became dollar in English before 1600. Thereby the U.S. dollar descends from the silver of Joachimsthal.