After the war of 1870 to 1871, the new German Empire created a war treasure, the Reichskriegsschatz, from French payments. It was worth 120 million gold marks. From 1874, it lay in 1,200 chests of gold coins in the Juliusturm, the Julius Tower of the citadel in Spandau. In 1913, the treasure was raised to 360 million gold marks. In 1914, at the start of the First World War, it was used for its purpose. The tower’s name came back in the 1950s. Finance Minister Fritz Schäffer held back budget surpluses for West German rearmament, and the political debate called the hoard the Juliusturm. His budget policy followed the principle of the guter Hausvater, the good father of the household. In the third quarter of 1956, the hoard reached more than seven billion marks. In the end, much of the money saved for rearmament went to social policy, above all to a pension reform that made pensions rise regularly.