Formerly common New Year’s gift in money to service personnel, and today still common payment to the letter carrier (CH: Pöstler; mail carrier) and the newspaper deliverer. – Formerly in many places conventional payment to the village school teacher. – Still widespread today as a gift from older relatives to younger ones, especially from the godfather to the godchild and from the grandparents to the grandchildren. – Despite qualms in respect to competition laws, starting credit offered here and there by banks when opening an account between New Year’s Eve and the first days of January. – See “Gevattergeld”, “Godfather money”.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/