Vol 5 Chapter 122: , Divide the cake

A genius remembers the address of this site in one second: (Vertex Chinese), the fastest update! No ads!? The Russian Empire is disintegrated. This behemoth that has made the European continent tremble for more than two centuries disappears, and the whole world is fighting for it. Cheers for joy.
Even the Russians are celebrating, and finally there is no more war! If the fight continues, it is estimated that there will be no one in the Russian Empire.
The newly independent country was eager to seek the recognition of the international community as soon as its political power was established, allowing Britain and France to take advantage of it, which made Ferdinand very depressed.
There is no way, in terms of influence, in this era, Britain and France are still more powerful. People run well, and finance is their strength. They are more professional in lending usury.
In twos or threes, the leaders of these countries were confused and confused, and then they accepted their loans.
In this regard, Bulgaria has been a step slower. When the domestic banks responded, they had already signed the contract.
Although it is an invalid contract, Britain and France can go back at any time, but these countries dare not go back?
In this regard, Ferdinand is also helpless. Before the League of Nations meeting, everyone signed the loan contract. Bulgaria can't follow the example?
However, Ferdinand laughed after seeing Britain and France loan to the Soviet Union, and finally jumped into the hole.
You know that before the Russian Empire was split, it owed huge debts, and now it is impossible for the West Russia family to pay it back?
If this is the case, Nicholas II can declare bankruptcy, anyway, the current wealth of West Russia is not enough.
Don't think that Nicholas II still has a sum of money in his hands, but it is impossible for him to use the money to repay his foreign debts. Although the war is over, the domestic mess still needs money?
Besides, the money he has now is not enough to repay the foreign debt? After resettling this group of domestic soldiers who are about to retire and paying part of the war pension, he clanged poorly.
Before the Russian Empire was divided, the Nicholas II government basically repaid the interest on time. In addition to deducting the war indemnities, Nicholas II still had to pay nearly 10 million pounds of interest to Britain and France every year.
This is still based on the fact that there are a large number of low-interest, interest-free loans in foreign debt, otherwise they would not be able to pay for the huge debt as high as £2.3 billion.
Except for the three debt giants of Britain and France, almost all European countries are creditors of the Russian Empire. The French accounted for nearly half of the debt, followed by Bulgaria, which ranked second with nearly 600 million pounds, and the British Empire ranked third with more than 400 million pounds.
What should I do with this debt? It was not raised at the League of Nations meeting, maybe it was forgotten, maybe everyone had their own plans.
In short, it is impossible for them to lose it!
Bulgaria's is okay. At least the largest loan was taken by the Russians as collateral. If the government of Nicholas II fails to repay the debt, Ferdinand is not worried about this collateral.
Ferdinand doesn’t care about what Britain and France think, anyway, their government dare not to forgive the debt, otherwise these capitalists could eat them raw!
Debt sharing will be the topic of wrangling by the governments of the next nine countries. This will not be too long. When the tsar government defaults on the debt at the end of the year, this problem will not be suppressed.
As far as Ferdinand knows, British and French loans to Russians also have a time limit, and many loans are about to expire soon.
If it can’t be dealt with on time, I don’t know whether the British and French governments can deal with the protesters. Historically, the British and French governments have been embarrassed by the debt problem of Russia.
Because the Russian government was unable to repay the loan on time, the financial crisis of the London government broke out, and Prime Minister Lloyd George was forced to sell his title and was then ousted by the people.
The French government does not know how many cabinets have been let go!
In short, the money was lent by financial institutions, but the people of the two countries are paying for it. Of course these financial institutions will go bankrupt if they cannot receive the money.
Can't the consortium use its own money to lend, and all losses will be borne by themselves?
There may be such consortia, but they are definitely a minority. Most consortia have a bunch of financial companies, and when they issue loans, they have to raise funds.
The issuance of interest-free loans and low-interest loans is politically attached, allowing the consortium to earn back the lost interest from other places, otherwise the government can only pay the interest.
They will not take full responsibility. Once a huge loan cannot be collected, they will appear as victims and bankrupt these financing companies.
Under normal circumstances, these financial companies or banks are all listed companies and have nothing to do with them after bankruptcy and liquidation. All pressure must be borne by the government.
Of course, this is just a huge loan. If it is only a loss of tens of millions of dollars, people can still withstand it.
This is also one of the reasons why the French economy was hit hard after the First World War. More than one billion pounds would be gone.
I don’t know how many financial institutions have gone bankrupt because of this, let alone how many people have been implicated and become impoverished. Naturally, the domestic economy will be greatly affected.
Had it not been for Bulgaria that had almost monopolized the Russian market, would Ferdinand dare to spend so much money to buy the Caucasus?
Obviously it is impossible. Unless he wants to further devalue Lev, where does the Bulgarian government get so much money?
In the end, the Bulgarian government wrote a huge cheque to Nicholas II and then completed the transaction.
After changing hands, weapons, ammunition, and military supplies reduced the face value of the check by half, and then a large number of industrial products poured into the Russian Empire.
In fact, Nicholas II didn't have much cash in his hand. After he got the loan, he turned the money into goods in Bulgaria, and the cash he took back was not so scary.
The Bulgarian government, through this round of commodity circulation, returned 20 to 30% of its tax revenue.
The money circulated in Bulgaria's industrial and commercial circles for another four or five rounds, and the Bulgarian government passed taxes to flatten the accounts.
In fact, the cash that the Bulgarian government took out was the last part of the money that Nicholas II took away, and the rest was just rolled in the bank account.
This is also the reason why many international loans require that the money must be used in the country!
"Your Majesty, the Eastern Russian Empire, the Soviet Republic, and the Grand Duchy of Finland... sent us invitations, inviting us to send representatives to their founding ceremony!" Medev said with a smile
"Well, so fast? Needless to say, Eastern Russia and the Soviet Union, other countries have elected their kings?" Ferdinand asked in surprise.
"Not yet. At present, the thrones of their countries are collectively vacant, and the government is still in chaos. It will be difficult to get results in the short term!" Metev replied
"In other words, are they planning to elect a king in the near future?" Ferdinand asked concerned.
"Yes, Your Majesty!" Metiev replied
"Notify the former royal family of Montenegro, their opportunity is here. If you don't hurry up, there will be no store if you miss this village!" Ferdinand thought for a while and said.
At the beginning, in order to legally unify the Balkans, Ferdinand bought the royal family of Montenegro and the royal family of Romania, directly bought two crowns, and merged the two kingdoms with Bulgaria.
The transaction with the Romanian royal family has been completed, and Ferdinand has pushed them to the throne of East Prussia. Everyone is cleared.
But the Montenegrin royal family is different. They have never seen an opportunity in the transaction. Then they are bachelor enough to send people to the Bulgarian government to receive the royal annuity every year.
With an annual expenditure of 100,000 pounds, it is naturally impossible for Ferdinand to fall back on his bills, and after this has been for more than ten years, they have not seen any movement.
Ferdinand wondered if they were going to treat Bulgaria as a long-term meal ticket. After all, it is hard to find a job that requires nothing but money!
If they were exchanged for currency value, how could they also have an annual salary of more than 100 million yuan, and there would never be such a high-paying job. Is there any company that can offer its employees a ton of gold per year with such pride?
Such days are nourished compared to when they were the royal family in the Kingdom of Montenegro. The financial resources of the Kingdom of Montenegro are limited, so the royal family pension is naturally a tragedy. Whether you can get the money depends on the year.
Ferdinand understood them. For the title of European father-in-law, Nicholas I’s pockets were long gone. If he didn’t trade with Bulgaria, he would be forced by the bankers.
After all these years, he not only paid off his debts, but also saved his savings, so he knew why they didn't move.
"Your Majesty, which country do you think is appropriate for them to fight for the throne?" Metiev thought for a while and said
This sentence is very clever. Everyone knows that the Gotha family is a king's professional household. Even if the former Montenegrin royal family wants to fight, they must first give way.
After all, the output of the Bulgarian royal family is high, and there are five short princes behind?
Medev's political acumen also passed the test. He knew that on this issue, he must not make mistakes, otherwise the consequences would be very serious!
"This is indeed a problem. Xenia intends to let her second child be the Grand Duke of Finland. Nicholas II intends to let his brother be the king of Belarus. The Orleans family is eyeing the Polish throne. The kingdoms are merged.
In this way, only the three Baltic countries are left. Let them figure it out. The countries in Central America also have a chance. If they miss this time, don't blame us for not being creditworthy! "Ferdinand said slowly
"Yes, Your Majesty!" Metev replied nervously
Fortunately, I asked you clearly. This has been set by default. If there is a crash, it will be a big trouble.
Sure enough, the so-called King Minyuan is nonsense!
If the king cannot be elected to the satisfaction of the big men, then this country may be tragedy in the future.
In this throne election, the Western Russian Empire has the most power to speak.
Although these small countries are considered to be independent by the League of Nations, these are just civil independence, and it is equally okay to form this country with a group of people.
At least in the newly formed country, the original rebel army has been squeezed out of the scope of power. As soon as the parliament was formed, the local aristocracy and capitalists had an absolute majority of seats.
After all, the strength of the rebel army is still very weak. If it were not for weakening the Western Russian Empire, these areas would not be independent.
In this context, the local military aristocrats were the most powerful faction. Once Nicholas II put these people back, they occupied the dominant position.
Wanting them to completely separate from the Russian Empire is just the idea of ​​Britain and France, and the local interest groups are not yet ready for independence.
The establishment of an independent nation can only cut their relationship apart, and then slowly get rid of the influence of Western Russia. It cannot be done in a day or two.
With such a good opportunity, if Nicholas II didn't exchange it for some political resources, he would be a fool.
After all, this kind of influence cannot exist forever. Now that these people still recognize him as the czar, the future is not certain. It is inevitable to part ways for the benefit.
In addition, there is another reason that the security of all countries cannot be guaranteed. Only one military operation is required for West Russia to choke their new regime!
For their own safety, these small countries must also establish good relations with West Russia.
The countries originally designed by Britain and France to be hostile to West Russia are based on the premise that they have a certain strength. In the short term, they are not expected to do anything at all.
Of course ~EbookFREE.me~ These thrones are determined by Ferdinand by default. Senia's political cells are not so developed and it is impossible to react so quickly.
Ferdinand dared to bet that if she was allowed to choose, she would definitely choose Belarus and Poland. There is only one reason enough-it is close to Sofia, so that she can see her son!
Ferdinand made this decision after careful consideration.
On the one hand, the Orleans family has inherited the throne of German Poland, and they are preparing to merge the two Polish kingdoms. This has been fully supported by the French government.
The establishment of a strong Kingdom of Poland in Eastern Europe can balance Germany and Russia at the same time and consolidate their position.
Bulgaria is going to grab it now, it will inevitably have to pay a large price, and it is still half Poland, it is not worth the shot.
On the other hand, it was Ferdinand who simply felt that Poland’s geographical location was too bad. Once the situation in Europe changed, Poland was usually the first to die.
Just think about it, they are caught in the middle of the four countries of Germany, Russia, Austria, and Bulgaria, and tragedy is doomed.
If it is a small country, it can survive. A medium-sized Poland is definitely dead. No one can trust them?
Belarus next door is good, but Nicholas II intends to let his brother, Grand Duke Mikhail, be the king.
Originally, it was dividing the family property of the Roman dynasty, and the owner wanted to take a share. Ferdinand was not good at opposing this issue.
How about the remaining three Baltic countries as the Grand Duchy of Finland?
In any case, the Gotha family can only win a crown this time. If they want to eat alone, other European nobles will not agree!
In order to obtain the throne of Finland, Ferdinand made two rounds of transactions, and everyone supported each other.
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