Vol 4 Chapter 166: , Do not live

The biggest problem is solved, and it will be easy to deal with later. The rest is the issue of war reparations. The interests of the three big brothers have been allocated, but shouldn't the interests of a bunch of younger brothers also be considered?
In this respect, it is not Constantine's turn to worry. Bulgaria has no younger brother to participate in the world war, nor has it promised anyone, so naturally there is no pressure.
There is no doubt that as one of the main forces of the world war, the Russians still have to take a large share, otherwise it is impossible to justify, even though it is very unreasonable now!
Now there are only seven points of compensation, and there are only six points that can be matched. Before Constantine had said that Bulgaria had given out one point for the Russians, and they would naturally not mention it again.
In terms of distance and closeness, it is undoubtedly Belgium that first received the attention of Britain and France. This loyal little brother, who has been firmly behind the boss after the death of the country, obviously cannot be treated badly.
Poincaré took the lead in fighting for the younger brother: "According to the contributions made by various countries in the world war, we will be the Russian Empire and Belgium after the three countries. Personally, I suggest that the Russians take a share of the compensation of 4.5 and Belgium take a little. The second share of the compensation, and the transfer of the Belgian border to the west bank of the Rhine, can be regarded as compensation for their contribution in this world war!"
After hesitating for a while, Constantine said, "Is the Russian share too small? I suggest that you give them five points. Everyone should look better, and they can be allowed to use Germans. The Baltic Sea ports, of course, need to coordinate themselves with the Germans on this specific issue!"
This is what Ferdinand asked. Although he wants to cheat the Russians, everyone is still allies on the bright side. The Tsarist government also helped Bulgaria back then. Now this favor must be paid back!
This has nothing to do with interest. Although the tsarist government had ulterior motives, Ferdinand still had to accept this sentiment, and it should not make people think that Bulgaria owes the tsarist government.
Constantine's proposal surprised the two of them. In order to balance the strength of the three Russian parties, they needed to limit the strength of Nicholas II. How could they help him?
Lloyd George asked in surprise: "Mr. Constantine, has your position changed on the Russian issue?"
Constantine said frankly: "No, Bulgaria's attitude has always been clear on the issue of Russians, but you know the relationship between Russia and Russia, and we have to come forward to fight for their interests!
Out of the question of balancing the powers of all parties in Russia, I don't think this is a problem. Don't the Russians owe you foreign debts? Just let them take this indemnity to pay your debts first, and the result will be the same! "
The two did not object again. As long as they did not break the balance of the three powers in the Russians, even if the Russians took a little more, everyone said, anyway, the money eventually went into their pockets.
Then Nicholas II was forced. He thought that he could use the indemnity obtained in this world war to initiate the war of unification. Now he lost it before he got it. Even this indemnity may not be able to bring Russia to Russia. The foreign debts owed to Britain and France are paid off!
In the end, Belgium received a small amount of German war reparations, and also received a part of territorial compensation. Their homeland was equivalent to an expansion of nearly a quarter. Presumably they would have no opinion. For the Germans, thousands of square kilometers are gone. It is gone, and there will be no injury to the bones.
The remaining a dozen countries share the last point of indemnity. The three bigwigs of this specific amount are not interested in fighting for them. Let's leave it to the people below!
Poincaré thought for a while and said: "Now we can determine the exact amount of German compensation. According to the German economic situation, their gross national income in 1914 was 51.1 billion gold marks (approximately 2.5 billion pounds).
After accurate calculations by financial experts, if we can receive in-kind compensation, the Germans will have an annual repayment ability of 200 million gold marks (about 100 million pounds) after deducting their basic needs and government administrative expenses.
Therefore, their highest debt bearing capacity is 4.1 billion gold marks. Now the Germans still have some heavy industrial equipment and high-tech products. Overseas assets can also be used to repay debts. These real estates can be discounted by 800 billion gold marks. They are still in the mine every year. It is also easy to take out another 50 million tons of coal, and their domestic gold reserves, etc., together we think it is a reasonable number to let the Germans pay 600 billion gold marks! "
Is Poincaré’s calculation method correct? Constantine didn’t even think about it. He only noticed 600 billion gold marks (about 29.34 billion pounds), which is equivalent to 214,000 tons of gold. God knows how the Germans can compensate. !
Before Constantine could speak, Lloyd George sneered and said: "Mr. Poincaré, are you sure your calculations are correct? For such a huge sum of money, I don't think the Germans have the ability to repay!
Of course, if your country can guarantee that the Germans will be able to pay, we also have no opinion. If there is a shortfall, your country will make up! "
Poincaré changed his face and asked the French government to guarantee the Germans' war reparations. How could this be possible? If he dares to agree, the angry people will not tear him back!
Besides, this figure is nonsense. The figure calculated by experts is based on the premise that the Germans distribute the living materials equally. In fact, everyone knows that no country can really evenly distribute the living materials and food benefits. The waste of class is inevitable!
This means that the Germans simply can’t pay this huge sum of money. Puengale, who was staring at Mao, said again:
Let the Germans pay 4.8 billion gold marks (about 23.472 billion pounds, which is equivalent). 171,300 tons of gold), this figure is always within their tolerance range, right?"
Constantine's thoughts have drifted away. He was stunned by the wealth of the loan shark empire, and he simply chose to shut up. Anyway, Ferdinand set him a bottom line of 800 million pounds, even if the amount of compensation is 50% off. They are all big bids, just watch the excitement. Anyway, the more Germans lose, the higher Bulgaria’s claims can be sold!
Without the persistent bargaining of Americans in history, it is also a mystery how much a single John Bull can cut down. Of course, because German Poland does not have independence, the Germans are now more solvency than in history. .
Lloyd-George thought for a while and said, "Mr. Poincaré, don't experts in your country consider the actual situation? Don't you know what Germany is like now?
This war also brought a large number of casualties and huge economic losses to the Germans. Their actual repayment ability was simply not at its peak. Even if they were given another ten years, they might not be able to recover to the 1914 economy. Level!
According to calculations by our economists, the highest debt servicing ability of a German is only 9.8 billion pounds, which is 200 billion gold marks.
If your country can pay an extra penny from the Germans, we are not against it, provided that you can guarantee the Germans, otherwise, please ask your country for a sincere price! "
"Humph?"
Puengale let out a cold cry, and then said: "It's impossible for us to guarantee our enemies, you should die of your heart!"
After speaking, the two began to stare at each other with big eyes and small eyes. This situation basically happened many times a day, and in the end it was Constantine who came forward and slept.
Conscience of heaven and earth, Constantine can guarantee that Bulgaria has not calculated the highest debt solvency of the Germans, but he can still judge from the dispute between Britain and France that the Germans cannot afford the huge sum of money!
Even the shrunken version of 200 billion gold marks could not be taken out. Unless someone gave them a blood transfusion to extend their lives, God blessed the German economy from collapsing after the war!
After pondering for a while, Constantine said: "Both of us should give in. Considering the current economic situation of the Germans, I doubt how many years will be needed before they can afford the interest!
If we insist on insisting, we have to extend their repayment period, otherwise they will really not be able to pay it back! "
After another two days of wrangling, everyone finally reached an agreement. The final compensation figure for the Germans was determined to be 318.6 billion gold marks, an increase of 49.6 billion gold marks over history.
This astronomical figure is equivalent to 15.58 billion pounds, which is about 114,000 tons of gold. Anyway, Constantine said that he could not afford to hurt. Bulgaria has been exhibiting for so long, and the sum of the gross national product from the founding of the country to the present may not be Pass this number!
Given the current economic situation in Germany, let them work without food or drink for ten years, and cannot pay off the loan. Konstantin hesitated and asked: "How can the two Germans pay the indemnity? If it is to pay for gold Or in the case of foreign exchange, I think we are still collecting accounts in the next century!"
Poencaré said calmly: "We can pay off in 99 installments, so that the Germans will deliver 20,000 tons of new ships each year; each year 440,000 tons of coal and 40 million head of cattle will be delivered. Half is almost enough!
The interest is still based on the standard monthly interest rate of 4.5 per thousand for Italy, and a late fee of one thousandth of the total compensation will be charged every day overdue! "
Is this interest high? In this era, it can't be too high. Everyone's interest rate level is here!
If you look at it from another point of view, the interest rate is really not high, at least much lower than the interest on bank loans in a certain country in later generations. The late payment fee is not even comparable to credit cards. It is really conscience!
Lloyd George also nodded, and said very cooperatively: "Mr. Poincaré's proposal is good. According to this requirement, the Germans are likely to pay off the loan in advance!
In recent years, the Germans need to restore the economy. We can collect so many materials in a hurry. The Germans have overseas assets too. We can freeze their industries to offset the compensation.
In addition, there are many colonies in Germany, we can also deal with them at a discount, and if their merchant ships want to come, they will not need them, so we will requisition them first.
There are also German military enterprises. If you are interested in heavy industry, you can buy them back at a discount. The total value of these real estate is estimated to be 40 to 50 billion gold marks, but now the discount is only 50% off!
Now all companies in Germany, as long as you have something you are interested in, you can buy it back at a discount. I think you can raise another 8 billion gold marks! "
Constantine nodded. It was nothing more than selling German assets at a low price. Naturally, he would not object. It is a question whether he can find a buyer now. Besides, it is the German who suffers. What matters to him? Besides, maybe Bulgarian companies can take advantage of the opportunity to make a fortune?
Constantine thought for a while and said, "Well, let's just set up a German Assets Appraisal Committee in our three countries to sell these surplus industries for them!"
There is no doubt that this profitable business has fallen into the bowl of three big men. The factory worth 10 million gold marks is sold by 1 million gold marks. Don’t be surprised. This is already very conscientious. A little bit, maybe one hundred thousand gold marks may be sold!
This is the future of German companies. It can be said that this time the Germans have fallen and the capitalists of the three countries are full!
Everyone did not mention the specific benefit distribution. Anyway, the people below will do a good job. Given the industrial size of the Germans, no one of them can eat it, and even the three may not be able to swallow it in one bite!
...
In the Sofia Palace, Ferdinand was dumbfounded when he saw Constantine’s return of the negotiations. It is not a question of the amount of compensation. This time, Bulgaria’s compensation was 3.5.46 billion gold marks (about 1.714 billion pounds). This number is far beyond Ferdinand’s estimation.
It's not a question of selling German industry. If you sell German companies cheaply, everyone can make a profit. There is no need to stop! What he couldn't figure out was that Britain and France dared to let the Germans take out half of the industrial products every year to repay their debts!
What is this doing? In Ferdinand’s view, this is entirely an enemy! This is equivalent to protecting the German industrial system for the benefit of the indemnity of the Allies!
Even if a part of the companies were split by the three countries, it would only be a small part of the high-tech industries or heavy industries. After all, the three countries are all industrial countries and have formed their own systems, and they cannot connect with the German industrial system. !
As long as the Allied Powers take in half of the German industrial products ~EbookFREE.me~, we can imagine that German products will be flooded in every corner of the world in the future. This is equivalent to giving them free promotion, which is still invisible. The upper limit of the German industrial exhibition!
Even the colonial market that the Germans desperately wanted to open up by Britain and France is now opened to them by Britain and France. Anyway, as long as the Germans hand over industrial products to them to pay off their debts, the problem of sales is the problem of Britain and France themselves!
At the same time, when the Allies used cheap German goods, they also squeezed the living space of the domestic manufacturing industry. Ferdinand now somewhat understands why the British and French industrial exhibitions after the First World War are all going forward, and they are all given by their own people. died!
It's no wonder that after Hitler came to power and stopped the war reparations, the German economy ran like crazy, easily surpassing the sum of Britain and France. This is completely a crime by Britain and France!
Knowing the serious consequences, Ferdinand made up his mind that the German industrial and commercial products would never fail to enter Bulgaria. The stupid thing of squeezing their own domestic manufacturing industry should be left to the British and French!
No matter how cheap it is, Ferdinand will not take it. No matter how much Bulgaria’s domestic manufacturing industry, he himself occupies most of the country. If German industrial and commercial products are allowed in, it will not only damage the national interest, but even him. Personal interests will also suffer!
It is simply tolerable or unbearable! Ferdinand immediately made up his mind. Even if Bulgaria needs German products, it will go to dismantle the factory and come back to make it yourself!
Even if these credits are sold at a low price, or they are exchanged with Britain and France for a high price into a German colony, it is absolutely impossible to let this kind of disaster to the country and the people live in Bulgaria!
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