Vol 5 Chapter 139: Poor picture

Time flies by. For the issue of debt distribution, the governments of the nine nations have been arguing for more than two months, but none of them came out.
Governments of all countries stand on their own stand, and the proposals put forward are weird and strange, and there are few reliable ones.
The debts of the previous year have not been repaid, and the debts of the next year are about to mature again. The patience of the creditors is gradually losing, and the attitudes of the representatives of Britain, France and France are getting stronger.
This time, the European countries stood together and urged them to pay money. During the tsarist government, they issued bonds to the European continent several times.
Now, when it comes to paying off the debts, all of them are creditors at a glance, regardless of the amount, this time they are going to pay off.
Although it does not owe money to governments, it owes money to the people. Even if it is to vote, the government must make a debt collection.
Historically, these individuals' debts were first evaded, and they were not able to collect anyway, which also became one of the reasons for the collective exclusion of Russians in European countries.
During the period of Alexander III, the Russian Empire was completely accepted by European countries. Twenty years later, the century-old efforts of the Tsarist government were destroyed.
"Everyone, it's not a way to go so noisy. After discussing with our executive committee of the League of Nations, after synthesizing the requirements of all parties, we decided:
Based on the factors of population, economy, and territorial area, carry out a comprehensive assessment and fairly distribute the debts assumed by all parties! "Said British Foreign Secretary Edley.
Generally speaking, this distribution plan is no problem, taking into consideration the interests of all parties, and focusing on Western Russia and Soviet Russia.
In terms of population, West Russia occupies nearly half; economically, West Russia occupies 60%; in terms of territorial area, West Russia occupies 17%.
To sum it up: 1/3 1/2 + 60% 1/3 + 1/3 17% ≈42%
Nicholas II still has to bear the largest proportion of debt. If it was not for Soviet and Russian ideological issues, he would have to bear at least half of the debt.
It was followed by the Soviet Russian government, which inherited nearly 21% of the population of the Russian Empire, 15% of the economy, and 58% of the territory.
To sum it up: 1/3 0.21 + 1/3 0.15 + 1/3 0.58≈31%
In East Russia, things are much better. They have inherited 22% of the population of the Russian Empire, 16% of the economy, and 20% of the territory.
To sum it up: 1/3 0.22 + 1/3 0.16 + 1/3 0.2≈19%
In addition to these three major debtors, several other countries are not worth mentioning. For example, Finland has 2 points of debt.
This is calculated by Britain, France, and France. All are estimates. Accuracy? It is a pity that in this era, many things are estimated to be ok, and it is impossible to verify them at all.
It is impossible for the League of Nations to help them measure territory at this time, and it is impossible for them to do a census and study their economic development.
So as soon as this result comes out, big countries are complaining and small countries are crying poor. Do n’t look at a small percentage of compensation.
With so much debt in the Russian Empire, even if part of the war reparations can be offset, the debt that they need to share is still no less than 3 billion pounds.
For example, at two points in Finland, it is 60 million pounds, which is 21.42 pounds per capita.
On the surface, this debt is not high. If it is left in developed countries, it will be their three-month salary.
But in Finland at this time, it is different. This is almost two years of income for ordinary people.
This is how to do? At present, the annual financial revenue of the Finnish government is at most one million pounds. Even if the Finnish government wants to pay back, this is also their financial revenue for 60 years.
Once interest-free loans expire and they are converted into interest-bearing loans, then they ca n’t even pay interest. There is no way this God is here, no money is no money!
There is no doubt that the Grand Duchy of Finland took the lead, and it was still the kind that made everyone feel helpless, asking for money without killing them.
"Unfortunately, it is not that we are unwilling to take on this debt. It is because our country is too poor, and our government's fiscal revenue is not even enough to pay interest.
If you want us to bear this debt, please forgive all interest, it is estimated that after two hundred years, we will almost pay off! "The Finnish representative Paul said miserably.
Sure enough, I was a good actor, blocking all the things everyone wanted to say at once. There was really no money, and there was no industry in Finland that made everyone tempted. It was impossible to get physical debts!
The British Foreign Secretary Edley, who had a well-established background, is also feeling tricky now. This is a very real issue.
Due to the civil war, the economic conditions of the nine independent nations are now very bad, and almost all of the countries' fiscal revenues cannot afford interest.
If they give up interest completely and let them repay freely, it is estimated that no one is so conscious, maybe it is really like what the representative of Finland said, and it will pay off almost two hundred years later.
Obviously he is relying on his account, but now he looks so pitiful and wins everyone's sympathy.
"Otherwise, you can extend the term of the loan that has already expired for a period of time, and then repay it slowly after the economies of various countries have recovered!" Metiev suggested
This very constructive opinion was immediately rejected by the French. Who asked them to make interest-free loans?
Don't look at Russia owes them the most money. In fact, the interest they can get, but the least of the three countries, a loan of more than one billion pounds, and the interest of only more than ten million pounds per year is really low.
"No, the banks providing these loans may not be able to accept them. Failure to repay the funds in a timely manner is likely to trigger a financial crisis!" Said French Minister of Foreign Affairs Gosse with a blue face.
However, glancing at the representatives of the nine countries, it seems that if it was not for the order of the venue, they would start selling miserably now, and Geos also had a headache.
The account must be recovered, or domestic consortia will never let him go. It is indeed a good idea to extend the loan term, but what he said is not enough?
"Should they let the nine nations carry out the joint guarantee of debt and jointly share this debt?" Geos proposed
"If this is the case, it is estimated that we don't want to receive money. Governments push each other. What should we do?"
"Some debt relief?" Attlee suggested.
"I can't be the master of this problem!" Geos said
"Don't look at me. Bulgaria's loans are collateralized. The Russians don't have to pay back the loans yet. We don't care!" Mev said with a smile.
The faces of the two changed, and they said that in fact everyone had some collateral in their hands, but at this time, the people who raised the tariffs were insincere.
To enter the Russian Empire from the Black Sea, you must first pass through Bulgaria. Regardless of how the Russians collect the tariffs, Bulgaria will collect them anyway.
The current Black Sea Strait is not a free port, it is Bulgaria's inland sea. As soon as a ship enters, it is subject to tax.
With more taxes, the competitiveness of the products is reduced, and the capitalists have no interest in continuing to trade with the Russians. Russia has long been a reserved place for Bulgarian goods.
The customs duties that the Russians mortgaged to them were actually less than a few cents.
Bulgaria and Russia are symbolic tariffs. When the Russians import and export, they will go through Bulgaria in a circle. Anyway, they also follow the road. It is only a few more chapters to avoid British and French customs supervisors.
Now, except for the Baltic Sea side, there is a little tariff income in Britain and France. Even the supervising personnel sent by the Black Sea side have withdrawn. One tax per ship is not enough to receive the salary.
What's left of the salt tax, tobacco tax, alcohol tax, and messy mortgage tax are even more embarrassing. The Russian tax authorities are not disciplined, and the low figures are outrageous.
This situation has started since the outbreak of the Russian Civil War, so it is okay not to mention the collateral, and it is sad to mention it.
Knowing this, Attlee could only make them the first bird. Bulgaria's attitude is very obvious and completely indifferent.
Even if the Russians are not yet on the loan, they will be even happier. Why pick a Ukrainian for nothing?
As for the loan, the principal has been recovered, and the remaining part can be exchanged for Ukraine. The Bulgarian government is willing to pay.
They can't do it. Now that the Russian Empire is divided into nine, those collaterals are even more unreliable. Can't they send someone to collect taxes in person?
"Let's accept the compensation in kind and see what special products they have and what we can take!" Edley thought about it and said
"This is impossible. For such a large sum of money, the Russian industry is almost zero. What do we need so much raw material for?"
Ordinary industrial raw materials in this era were worthless. Both Britain and France had their own colonial supplies. They were not needed at all. They could not be taken back and sold.
"Then they can only let them repay in batches. Priority is given to repaying bank loans. The excess part is used to redeem the debt. The part that is not up has been dragging on!" Said Edley Sin
Obviously, he is giving priority to guaranteeing the interests of the consortium, and the ordinary people holding bonds are equivalent to being abandoned.
"Then postpone the Russian debt, just follow the previous interest, when they will be rich, and when will they repay it!" Grace thought about it.
Megeve just nodded and agreed. Governments of all countries in this era were originally the spokespersons of interest groups, and of course they must stand in the interest group position.
"Well, we have seriously considered the question mentioned by Mr. Paul just now. Everyone knows the actual situation of governments.
After our negotiation and decision, some debts can be postponed. The specific details will be determined below. In principle, we will draw 30% of your financial income every year to repay debts! "Attlee said loudly
"Mr. Edley, this ratio is too high. At present, no country in the world has a fiscal surplus of 30%. We cannot afford such a high financial ratio!
And we are meaningful to the proportion of debt distribution, which has exceeded the scope of debt we should assume and also exceeded our ability to bear!
You know that many loans from the former Russian Empire were secured, and we can sell these collaterals and reduce our debt! "Vasilyevich said solemnly
"This ratio is a comprehensive factor that we have considered comprehensively. If you have an opinion, you can retain it. As for the problem of selling collateral and reducing debt, this issue can be carried out later. This is not a contradiction!" Attlee said with a grimace
have opinions? Any kind of distribution plan will have people's opinions. Now the distribution plan given by the League of Nations has taken into consideration the interests of all parties as much as possible.
I also want to be provocative, that is, to deliberately seek things, not to give everyone face, we must give lessons.
It can be said that the representatives of the Soviet Union and Russia were wrong at the beginning. Neither the British, the French, nor the Bulgarians considered everyone to be equal.
The status of the great powers and ordinary countries is not equal. Once they cross that line, they will suffer.
On the contrary, the practice of the Finnish representative is more acceptable and directly lowers their position. Everyone can give them a little preferential treatment out of sympathy for the weak.
Of course, this preferential treatment is mainly for political shows, not that they really have compassion, provided that it cannot harm their interests.
Boris had been instructed by Ferdinand. It was only the beginning of the poor and the poor in the League of Nations. Later, the Finnish representative and the poor went to the media.
Only when the citizens of London are touched first can they touch the London government and let them raise their hands.
Then we have to go around the European countries to gain sympathy, and everyone will open up.
This method is that small countries can use it. Their debts are not much. Governments are still happy to do a show.
Then took the opportunity to sell Finnish specialty paper and wood products to pay off the debt. At the same time as repaying the debt, it also opened the market for domestic products.
Even Paul's diplomatic agent is actually an actor, a talent Boris has dug from the Bulgarian film industry.
So at the beginning, Paul was backing lines, as long as he showed the misery of Finland.
There is no need for him to settle accounts, nor does he need to come and fight with others. Just lower your attitude and be more sincere.
The debt of the Grand Duchy of Finland must be repaid, and no penny will be left unaccounted for. The only problem is that there is no money now, which is really unaffordable.
This direct rejection is much more clever, at least the major creditors are very satisfied with the attitude of the Finns, and did not mean to make them difficult.
"Mr. Edley, as far as I know, there is a close agreement between Bulgaria and Russia. If the Russian Empire has no money to repay its debt, it can sell Ukraine to Bulgaria for 30 billion levs, including 10 billion lev mortgages. .
Now that the Russian Empire has disintegrated, the treaty is also valid. All nine of us are heirs of the Russian Empire. Now we have the right to sell Ukraine.
Mr. Metev, is it true? "Vasilyevich said with good reason
"Yes, Bulgaria and Russia have a mortgage loan treaty in Ukraine." Metev replied
This is a secret that is open to the public, and many people know it. Metiev naturally does not need to lie. Besides, it is also a good thing to buy in Ukraine!
Don't look at a lot of 30 billion levs. After deducting 10 billion levs of mortgages, and the Russians have successively owed Bulgarian debt, in fact, only 10 billions need to be paid.
This is nothing more than the half-year fiscal revenue of the Bulgarian government, and it is not difficult to raise this money.
Some people want to sell naturally and some people don't want to sell anymore. From the standpoint of Nicholas II, even if they want to sell land, they sell it themselves?
How could it be sold in the League of Nations? Isn't that going into the tiger's mouth?
"No, you are selling the country. The Ukraine region is our core interest and it is definitely not split!" Sasonov said angrily.
"Unfortunately, Mr. Sasonov, we are not from a country. To me this is not a traitor!
Everyone is the heir of the Russian Empire. We have the right to implement the treaty that was signed. Now everyone can vote to decide whether to sell Ukraine to pay off the debt.
If you want to keep Ukraine, as long as you take over the debt, this problem is not difficult! "Vasilyevich said poorly
Everyone understood that he never thought about selling Ukraine. This kind of persecution is nothing more than to make West Russia bear a larger proportion of debt.
Except for West Russia this time, the remaining seven countries are occupied with them. Whether it is to sell Ukraine or let Western Russia take over this debt, it is very beneficial to everyone.
Forty percent of the debt can be repaid in one go, without them paying any price. Why not?
"It's impossible. At the last conference of the League of Nations, the Ukraine region has been clearly designated as the territory of West Russia. You don't have this right to deal with our territory!" Sasonov growled.
"However, the mortgage loan between Bulgaria and Russia was signed by Sasunov himself before the split of the Russian Empire and was approved by Nicholas II.
According to international law ~ EbookFREE.me ~ Now that this treaty is still valid, then it can continue to be implemented now, I propose to vote with your hands! The East Russian representative said suddenly
As soon as the words fell, eight hands were raised. At this time, everyone wants Western Russia to take on more debt. Naturally, they must jointly oppress them.
But did Sasunov give in?
This is obviously impossible. Ukraine can't throw it away, at least it can't be thrown away like this!
Similarly, this additional debt cannot be taken. If it is taken down, their finances will go bankrupt. At that time, they will still have to sell their debts in Ukraine.
At this time, Sasunov regretted it a bit. To know that there are so many countries to be independent, he should have sold Poland, Central Asia and other regions, and there would not be so much trouble.
"I suggest revising the meeting first. Please calm down. The next meeting will start and everyone will continue to negotiate!" Edley said.
Obviously, not only does West Russia not want to lose Ukraine, but even the British do not want Bulgaria to gain Ukraine.
Now Edley has ended the meeting early, in order to give time to the British Empire's diplomatic activities.
Knowing to know, Metiev still did not speak against it, Bulgaria should not show excessive enthusiasm at this time.
No matter what the British do, they cannot change the fact that the nine nations after independence are poor. It is in their interest to force West Russia to assume debt.
Unless the British can come up with real money, this matter is beyond their control!
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