Vol 5 Chapter 122: Divide the cake

The Russian empire disintegrated, a behemoth that trembled the European continent for more than two centuries, and then disappeared, and the world was cheering for it.
Even the Russians are celebrating and finally no longer have to fight! If they fight again, it is estimated that the Russian Empire will be empty.
The newly independent country was anxious to seek the approval of the international community just after the establishment of the regime. It also let Britain and France take the opportunity to take advantage, which made Ferdinand depressed.
There is no way. In this era of influence, it is still better in Britain and France, people do well in business, and finance is their strength, and loan sharks are still more professional.
After three or two, the leaders of these countries flickered and then accepted their loans.
In this regard, Bulgaria was a step slower, and when domestic banks responded, people had already signed contracts.
Although it is an invalid contract, Britain and France can regret it at any time, but these countries dare not regret it?
In this regard, Ferdinand could not do anything. Before the conference of the League of Nations, everyone signed the loan contract. Bulgaria can't learn the same way, right?
However, after seeing the British and French loan to the Soviet Union, Ferdinand laughed and finally jumped.
You know that before the split of the Russian Empire, it owed huge debts. Now we can't let the West Russians pay them back?
If this is the case, Nicholas II can declare bankruptcy, anyway, the current family of West Russia is not worth it.
Don't look at Nicholas II who still has some money in his hands, but it is impossible for him to use it to pay off his foreign debts. Although the war is over, the domestic mess still needs money?
Moreover, the money in his hands is not enough to pay off his foreign debts? After placing the retired soldiers in the country and paying part of the war pension, he clanged poorly.
Before the Russian Empire was divided, the Nicholas II government basically repaid interest on schedule. In addition to deducting from war reparations, Nicholas II still paid nearly 10 million pounds of interest to Britain and France every year.
This is still based on the existence of a large number of low-interest and interest-free loans in external debt, otherwise huge debts of up to 2.3 billion pounds will not be able to pay the interest alone.
Except for the three debt giants, Britain and France, almost all European countries are creditors of the Russian Empire. Among them, the French debt accounted for almost half, followed by Bulgaria, ranked second with nearly 600 million pounds, and the British Empire with more than 400 million pounds ranked third.
What about this debt? It was not raised at the League of Nations conference. Maybe it was forgotten, or maybe everyone had their own plans.
In short, it is impossible to let them lie!
Fortunately for Bulgaria, at least the largest loan, the Russians took Ukraine as collateral. In case Nicholas II's government is not in debt, Ferdinand is not worried about this collateral.
What do British and French think, Ferdinand doesn't care, anyway, their government is afraid to forgive debts, otherwise these capitalists could eat them raw!
Debt sharing will be the topic of the next nine governments. This time will not be long. When the Tsar government defaults at the end of the year, this problem will not be suppressed.
According to Ferdinand's knowledge, British and French loans to Russians also have terms, and many loans are due soon.
If it cannot be dealt with on time, it is not known whether the British and French governments will be able to deal with the protesters. Historically, due to the debt problem of Russia, both British and French governments have been blamed.
Because the Russian government was unable to repay the loan on schedule, the financial crisis of the London government broke out, Prime Minister Lloyd-George was forced to sell his knighthood, and then the people were ousted.
The French government does not even know how many cabinets will get out of business!
In short, the money was lent out by financial institutions, but the people of both countries paid for it. Of course, these financial institutions who failed to receive the money would go bankrupt.
Consortiums can't take their own money to lend. All losses are borne by themselves, right?
There may be such consortia, but they are definitely a minority. Most of the consortia have a bunch of financial companies, and when they make loans to outside parties, they have to raise funds externally.
The granting of interest-free loans and low-interest loans are politically conditional, allowing consortia to earn back the lost interest from elsewhere, otherwise the interest can only be paid by the government.
They will not bear all the responsibilities. Once a huge loan cannot be collected, they will also appear as victims and bankrupt these financing companies.
Under normal circumstances, these financial companies or banks are listed companies, which have nothing to do with them after bankruptcy and liquidation. All pressure must be borne by the government.
Of course, this is only a huge loan. If it is only a loss of eight million yuan, people can still withstand it.
This is one of the reasons why after the First World War, France's economy was badly hit. More than one billion pounds were said to be gone.
I don't know how much financial institutions have gone bankrupt because of this, let alone how many people have been implicated and become impoverished. The domestic economy will naturally be greatly affected.
Had it not been for Bulgaria that had almost monopolized the Russian market, would Ferdinand dare to spend so much money on the Caucasus?
Obviously impossible. Unless he wants to devalue Lev further, where does the Bulgarian government get so much money from?
In the end, the Bulgarian government wrote a huge check to Nicholas II and then completed the transaction.
Then between hands, weapons, ammunition, and military supplies cut 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 did not get much cash. After receiving the loan, he turned the money into goods in Bulgaria, and the cash he took back was not so scary.
And the Bulgarian government, through this round of commodity circulation, returned 20-30% in tax revenue.
This money circulated for another four or five rounds in Bulgaria's business community, and the Bulgarian government passed the tax and flattened all its accounts.
In fact, the cash that the Bulgarian government took out, that is, the last part of Nicholas II's withdrawal, the other only rolled in the bank account.
This is also the reason why many international loans require money to be used in their home country!
"Your Majesty, the East Russian Empire, the Soviet Republic, the Grand Duchy of Finland ... sent us invitations and invited us to send representatives to their founding ceremony!" Metev said with a smile
"Well, so fast? Needless to say, East Russia and the Soviet Union, other countries have elected the king?" Ferdinand asked in amazement.
"Not yet. At present, the thrones of their countries are collectively vacant, and the government is still in chaos. It is difficult to have a result in the short term!" Metiev replied
"In other words, are they planning to choose a king in the near future?" Ferdinand asked with concern.
"Yes, Your Majesty!" Metiev replied
"Notify the former King of the Montenegro King ’s room that their opportunity is coming. If you don't hurry up, you will not have this shop if you miss the village!" Ferdinand thought for a while and said
In order to legally unify the Balkans, Ferdinand bought the Montenegro and Romanian royal families, directly bought two crowns, and merged the two kingdoms with Bulgaria.
The deal with the Romanian royal family has been completed, and Ferdinand pushed them to the throne of East Prussia, and everyone was clear.
But the Montenegro royal family is not the same. They have never seen a chance with their transactions. Then they are bachelor and send people to the Bulgarian government on time to receive the royal family annuity.
It is naturally impossible for Ferdinand to spend a hundred thousand pounds of expenses each year, and this collar is more than ten years, and they have not seen any movement.
Ferdinand wondered if they were going to use Bulgaria as a long-term meal ticket. After all, such a job does not need to be done, and it is not easy to find a job with money alone!
If they exchange currency, how can they also earn hundreds of millions a year, there is no such high-paying career. Is there any company that can offer employees such a ton of gold with an annual salary?
These days, compared to when they were the royal family in the Kingdom of Montenegro, they are still nourished. The Kingdom of Montenegro's finances are limited, so the royal family annuity is naturally tragedy. Whether you can get money depends on the year.
Ferdinand understood them. For the title of European father-in-law, Nicholas I's pocket was long empty. If he did not trade with Bulgaria, he would be forced to debt by bankers.
Over the years, not only did he pay off his debts, but he also saved up, and he knew why they didn't move.
"Your Majesty, which country do you think is appropriate for them to fight for the throne?"
This sentence is very clever. Everyone knows that the Gotha family is a professional family of the king. Even if the former Montenegro royal family wants to fight, they must first give way.
After all, the generation of the Bulgarian royal family is high. What about the five short princes behind?
Metiev's political mind is also clear. He knows that he must not make mistakes on this issue, otherwise the consequences will be very serious!
"This is indeed a problem. Senia intends to let the second child be the Grand Duke of Finland. Nicholas II intends to let his brother become the king of Belarus. Kingdoms merge.
In this case, there are only three Baltic States left. Let them take care of themselves. In the countries of Central America, they also have the opportunity. If they miss this time, don't blame us for not talking about credit! Ferdinand said slowly
"Yes, Your Majesty!" Metiev answered nervously.
Fortunately, I have asked clearly, this is already settled. If a car crashes, it will be very troublesome.
Sure enough, the so-called King of Minyuan are nonsense!
If the king who satisfies the big men cannot be elected, then the country may be tragedy in the future.
In this throne election, the West Russian Empire has the greatest say.
Although these small countries are considered independent by the League of Nations, these are just civil independence, and it is equally possible to change this group of people to form this country.
At least in the newly formed countries, the original insurgents have been excluded from the scope of power. As soon as the parliament is formed, the local nobles and capitalists have an absolute majority of seats.
After all, the strength of the insurgents is still very weak. If it was not for weakening the Western Russian Empire, these regions would not be independent.
In this context, the local military aristocrats were the greatest strength faction. As soon as Nicholas II put these people back, they occupied a dominant position.
It is just the idea of ​​Britain and France to let them completely separate from the Russian Empire. The local interest groups are not ready for independence.
The establishment of an independent country can only cut their relationship and then gradually get rid of the influence of Western Russia. It can not be done in a day or two.
Such a good opportunity, if Nicholas II did not use it in exchange for some political resources, it would be a fool.
After all, this kind of influence cannot exist forever. Now these people still recognize him as the Tsar, and the future is not necessarily. It is inevitable to part ways for the benefit.
In addition, there is another reason is that the current security of countries is not guaranteed. With only one military operation, Western Russia can suffocate their new regime!
For their own security, these small countries must also have good relations with Western Russia.
The hostility between the countries originally designed by Britain and France and Western Russia is based on the premise that they have certain strengths. In the short term, they are not expected to do anything?
Of course, these thrones were decided by Ferdinand. The political cells of Shenia are not so developed, and it is impossible to respond so quickly.
Ferdinand would bet that if she was chosen, she would definitely choose Belarus and Poland. One reason would suffice-it is close to Sofia ~ EbookFREE.me ~ so it is convenient for her to see her son!
Ferdinand also 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, which has received the full support of the French government.
Establishing a strong Polish kingdom in Eastern Europe can balance Germany and Russia at the same time and stabilize their position.
Bulgaria now has to pay a lot of money to grab it, and it is still half of Poland. It is not worth shooting at all.
On the other hand, Ferdinand 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 trapped in the middle of Germany, Russia, Austria, and Bulgaria, and the tragedy is already doomed.
If it is a small country, you can live on it. Poland in a middle country is definitely dead. No one can be assured of them?
Although Belarus next door was good, Nicholas II intended to make his brother Duke Mikhail the king.
Originally, the family property of the Roman dynasty was divided. The owner of the family wanted to get a copy. Ferdinand was not good at opposing this issue.
What about the remaining three Baltic states, compared to the Grand Duchy of Finland?
In any case, the Gotha family could only get a crown this time and wanted to eat alone, other European nobles did not agree!
In order to obtain the throne of Finland, Ferdinand made two waves of transactions, and everyone supported each other.
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