Vol 5 Chapter 58: Conspiracy of John Bull

As for Bulgaria's "Million Kilometre Highway Plan", the outside world does not buy it. Many people speculate that this is just a concealed cloth thrown by the Bulgarian government. In the end, most of this project will probably come to an end!
But it soon became dumbfounded. On February 1, 1922, the Bulgarian Infrastructure Investment Group began issuing bonds. Despite the heinous low interest, isn't it still consistent with the interest on bank deposits?
And the security of bonds is also guaranteed, which can be directly used as currency in the market, which has led many patriots to join in. Anyway, the benefit is the same as that of deposit banks. If you lack money, you can directly use bonds as Lev!
Economists haven't responded yet. When the Great Depression continued and countries began to print banknotes to alleviate the financial crisis, everyone suddenly remembered that Bulgaria was already issuing money!
It is only because the money was issued in the name of bonds, and the normal circulation of money in the market has increased, but it has not affected the value of Lev.
After all, Lev ’s currency value is linked to gold, Bulgaria ’s gold reserves have not decreased, and the currency issue has not increased!
The value of bonds is actually maintained by the credibility of the bank and the public's support for this project! It is essentially a credit system currency, but it is not relying on national credit!
In the absence of currency depreciation, the increase of currencies that can be circulated in the market will inevitably stimulate economic development in the short term.
Of course, Ferdinand also knows that this flow cannot increase too much, otherwise inflation will break out in the country, so the first batch of bonds was only issued 2 billion levs.
In the end, the investment company invested 1 billion levs, plus 20 levs of bonds, and the 10 billion levs provided by the bank, which was the first year of investment.
It still maintains Bulgaria's consistent high efficiency and directly adopted the "Trilateral Project". The project began construction at the end of February, and the curtain opened with a thunderous speed!
The eyes of the whole world have been attracted, and now no one doubts that the Bulgarian government is determined to promote this project!
Tens of billions of funds have already been invested. If the project fails, it will be enough to hurt Bulgaria!
On the other side, confidential talks about loans between Bulgaria and Russia were also covered up. Of course, it has not been known by the British and French intelligence agencies. This is still unknown, at least they have not found out.
On January 25, 1921, the two countries signed an agreement in which the Russian Empire used Ukrainian regions as collateral to lend 10 billion levs to the Bulgarian banking consortium.
This loan is fully operated in accordance with internationally accepted standards, with a monthly interest rate of 6.5 thousandths, compound interest and interest calculation, repayment of principal and interest over 30 years, and deduction of the principal and interest of the first year. In fact, Nicholas II took The money received was only 87.6 billion levs.
Don't feel expensive, there are cheap loans, but additional conditions are required. In fact, the cost of additional conditions is often much higher than the interest on the loan itself!
Otherwise, why did Ferdinand raise the interest rate up to 12% when he issued bonds, and didn't find a bank loan?
After the Bulgarian-Russia loan terms were agreed, the Bulgarian government also officially gained sovereignty over the provinces of Pisa Libya and the Crimea.
The governance of the two places has become a problem for Ferdinand. Assimilation is necessary, but how to assimilate must also have skills!
These two areas were actually infiltrated by Bulgaria after the outbreak of the Russo-Japanese War. After so many years of operation, local Bulgarian investment in factories and enterprises was not a minority.
Coupled with the long-term civil war in the Russian Empire, it has brought heavy military service burdens and economic burdens to the local people, and the reception has proceeded smoothly.
Neither the aristocracy nor the civilians had troubled Ferdinand on this issue, but the subsequent governance was troublesome. Since they had not experienced cleansing, the local indigenous forces had also been completely preserved.
Now they still support Bulgaria. This support is largely forced. Most people may not really identify with Bulgaria. The main reason they want to join Bulgaria is to find a safe haven!
Bulgaria's low taxes and stable social environment are all factors of their choice!
There is also no choice. The tsarist government has sold the local sovereignty. The transaction is a foregone conclusion. When the locals get the news, the Bulgarian army has taken over the place. There is no strength to resist.
Ferdinand is naturally not worried. When he was there, it was estimated that no one would dare to rebel or become independent, maybe in the future!
Not every generation of kings has his prestige, and not every government is hawkish. If you have the courage to talk about suppression, you can suppress it.
"Prime Minister, Pisa Libya and the Crimean Peninsula, what are you going to do?"
Considering the limitations of the times, Ferdinand decided to leave the issue to the cabinet first. If not, he is thinking of a way!
Constantine thought about it and said, "Your Majesty, considering the strategic value of the two places, we must be stationed in heavy soldiers, and the locals' success in wanting to rebel is not high.
Presumably the smart people know that if they are against us now, they are trying to die, so we don't worry about finding a partner here!
In the field of culture, the government plans to fully implement Bulgarian localization; in the field of industry and commerce, we will also find ways to suppress local capitalists and allow domestic companies to control the economic lifeline of the two places.
Through economic control and cultural identity, the two-pronged assimilation of the local community has been completed, but this time is a bit long. I am afraid that after two or three decades, a new generation will grow up before they will be completely assimilated! "
Ferdinand nodded, just slow down! Cultural assimilation cannot be achieved overnight. Even if the local culture is very close to Bulgaria, it still takes time for the locals to completely abandon tradition and accept the new cultural system!
Ferdinand wants to feel at ease, but unfortunately some people are not willing! 10 Downing Street, London, a plot is underway here, not only against Bulgaria, but also against the world's major powers!
The nature of John Bull has re-emerged. With the increase in the number of soldiers and the increase in the level of welfare benefits for soldiers, the British Army still used the strength of their great powers, suppressing the Egyptian uprising and non-violence in India Non-cooperative movement.
The colonial rebellion was suppressed, and the London government was idle for a while, and John Niu, who was idle, naturally wanted to do something.
It is their usual national policy to suppress competitors and maintain the balance of continental Europe, but now this balance has been clearly broken!
The Russians were caught in a civil war. Although the baby of the British Empire—India—was safe, their pre-established continent-Russian-Russian law could not be achieved.
Later, they came up with a plan to allow France and France to compete for the supremacy of the European continent, with the British Empire in the middle as the referee, and continue to maintain the balance of the European continent.
As a result, Bulgaria flinched and also helped stabilize the Austro-Hungarian empire. The conflict of interest between France and France was completely separated by the Austro-Hungarian empire.
Now that the French are the dominant family in Western Europe, it is difficult to find an enemy that can balance them. Once they have recovered from the war, the battle between Britain and France is indispensable!
Bulgaria dominates the Near East and closes its doors to carry out construction. It looks like there is no threat in a short time, but what about the future?
Who can guarantee that Bulgaria has always had no ambitions, and in their opinion Ferdinand is well thought out. Now that the British Empire is strong, Bulgaria has chosen to concede. In the future?
Once the British Empire is in trouble, I am afraid that the first to jump out to grab the Suez Canal is Bulgaria, and even print the idea!
Geographically, both places are threatened by Bulgaria! It is necessary to take precautions!
There is also Japan in the Far East, which has repeatedly tested the strength of the British Empire, and must be suppressed.
In terms of strength, the British Empire's navy is larger than the sum of these three companies. After adding the three North American countries' industrial strength, it also exceeds the sum of these three companies.
However, the Army of the British Empire is not comparable to any of these three houses, and the Air Force is not in their consideration!
It is not the style of the British Empire to go directly into the shirt, and it has also been proven that this is the most successful way. The lessons of the World War have just passed and everyone still remembers it.
Lloyd-George is in a good mood lately, otherwise he would not have thought about holding a national policy meeting and trying to crack down on the three main competitors!
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This is undoubtedly a simple and complicated problem, the means is very simple, but it is very troublesome to operate.
Foreign Minister Gray said: "There are many ways to suppress these three competitors, but very few are really suitable for the British Empire.
Given the domestic economic situation, we cannot fight them, so the actions we take must be within the tolerance of the other party.
According to the analysis of the Ministry of Foreign Affairs, the most suitable measures are undoubtedly to support the Germans to contain France, the Austro-Hungarian Empire to contain Bulgaria, and Japan to be restrained!
These means are within the acceptance range of the opponents, and they will not turn their backs on us as a result!
Of course, there are even more extreme measures, such as: the Royal Navy directly blocked their routes and cut off their overseas trade, but this way, it is necessary to fight!
Or it could be to create counterfeit banknotes and impact their currency proposals. The consequences would be serious, and the enemy would learn to make sterling. These extreme means are not worth the money! "
The Minister of Finance said with a bitter smile: "Mr. Gray, the financial situation of the British Empire is not very good. We cannot invest a lot of money to target these three countries at the same time!
Their strength is not weak, and they will definitely retaliate. We do not need to die with them. As long as the British Empire develops fast enough, the gap between our strengths will only grow wider! "
The Minister of the Navy countered: "No! In fact, we all know that due to the small size of the homeland, it has restricted the development of the British Empire's economy. We have fallen behind in the speed of development. Not only has the strength gap of everyone not expanded, it has been narrowed!
Moreover, we are not going to fight with them, we are just limiting them, or delaying their development speed, and it will not cost much! "
The Finance Minister said angrily: "Few people flicker!
In order to restrict the French, we need to support the Germans, but they are in a debt crisis. Unless we can get them out of the debt crisis, it is undoubtedly a dream to check and balance France!
To balance Bulgaria, you must support the Austro-Hungarian Empire. Investment in this area is also indispensable, otherwise they will not have the courage to confront Bulgaria!
Do not forget, the total population of Bulgaria has now reached more than 50 million, which is comparable to the Austro-Hungarian Empire. The industrial gap between the two sides is almost double, and the gap in the combat effectiveness of the military will only be greater!
With less investment, why should the Austro-Hungarian Empire stand up to challenge Bulgaria, do they not even analyze the most basic strength gap?
There is also Japan in the Far East. Your plan is even more nonsense. It is better for us to count directly on those wastes! "
The Minister of State suddenly interrupted their controversy, saying: "It is not possible for us to cooperate with the consortium to use financial means to directly attack their economy. Maybe we can make a small profit?"
The Minister of Finance thought about it and said, "In theory, it is feasible, but the French are not weak, and the French consortium is still very wealthy. Any action we take before we can understand their position is very important. dangerous!
We ca n’t penetrate the Bulgarian financial market at all, unless we are willing to send them hundreds of tons of gold to get a ticket!
The financial shock to them is simply itching, but we may be trapped.
Using financial means, the real thing is actually Japan, and their economic situation is also very bad. We may be able to take advantage of it! "
After a moment of hard work, no one objected. Lloyd-George made up his mind and said, "Then we will strike Japan first. We should collect interest. We should also warn our little brother that being a traitor will not end well. !!
It is urgent to deal with Bulgaria and France. If the pressure on them is too great, the two countries will form an alliance if it is not good, and then it will be really troublesome!
Therefore, we secretly support Germany and Austro-Hungarian Empire ~ EbookFREE.me ~ Let them come out and delay, the development speed of these two opponents can be! "
Of course, persimmons cannot be softened. Unlike European countries, Japan is far away from the Far East. Although it has gained geographical advantages, it is also their disadvantage!
Suspended overseas, far from the center of this era, they are naturally hostile to all countries, and even allies can't find one around. Even if they suffer this loss, they can only endure!
After being an ally for more than ten years, the British have almost understood the nature of the Japanese, bullying and fearing hardships, and just took the opportunity to make a small profit to make up for the financial deficiency.
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