Holy Roman Empire

After the economic crisis broke out, the thunder buried by Franz exploded, and the rotten projects in various places appeared endlessly. The Vienna government packed up the mess.

There is no way that the economic crisis is too destructive. As the first global economic crisis, this crisis can be much more serious than the previous economic crisis.

In 1857 alone, there were more than 5,000 bankrupt companies in the United States. The stock market was directly slashed. In some industries with severe overcapacity, stock prices plummeted by 90%.

European countries are not much better, but the time when the economic crisis is affected is later, and governments of various countries have reaction time.

It is a pity that there is no government intervention in the economy in this era. Everyone is waiting for the crisis to erupt, and the loss is naturally inevitable.

Affected by the economic crisis, many capitalists' capital chains broke.There is no money in his pocket, even if he is not reconciled, he can only bear the pain.

The initial investment was regarded as charity, and the performance bond directly hit the float.

Government projects are badly ended, this is only a small problem. Anyway, these projects are not burning eyebrows, and it will not kill people for a few years at night.

Moreover, the powerful capitalists insisted on clenching their teeth.The more you invest, the more you will be reluctant to give up. For themselves, these projects are still high-quality projects.

This kind of perseverance is crucial to the Austrian economy, which is in turmoil.Directly allow many companies in the relevant industrial chain to survive and avoid the continuous deterioration of the economy.

Prime Minister Felix Shen Sheng said: "Your Majesty, as of now, there have been as many as 1,800 bankrupt companies applying for domestic applications and 2,000 companies on the verge of bankruptcy, including the five major railway companies.

The stock market fell directly by 42%, of which the railway stocks fell the most. Affected by the US railway bubble, many investors lost confidence in the railway, and the market value evaporated by 72%.

The textile industry, manufacturing industry, financial industry, and steel industry all suffered heavy losses. Affected by the economic crisis, even the export of agricultural products shrank by a quarter.

Compared with the same period last year, the industrial output value has dropped by nearly 30%, and it is still in a continuous decline.

The domestic unemployed population has reached more than 980,000 people, and more than one million is a matter of time.If the economic situation does not improve, this situation will continue to deteriorate."

All industries and industries were hit by the economic crisis and large-scale bankruptcy of enterprises. Franz didn't care at all. These are all expected.

How can a wild economic development model have no sequelae?If it were not for the sake of the Near East War, allowing Austria to seize the market of Britain and France in the Russian Empire, the economic crisis would have erupted long ago.

During the post-war economic transformation, the Austrian crisis began to appear.

If it were not for the development of overseas colonies, the reform of the gold standard system, the influx of colonial gold brought a lot of money, and the government increased infrastructure construction, etc., then this economic crisis will not start from the United States, but from Austria.

Other problems can be taken slowly, but the unemployment problem is imminent and must be resolved immediately, otherwise it will cause very serious social problems.

Franz thought for a while and said: "According to the original plan, the government took over the construction project that was in the end and let the workers resume work first.

At the same time, the government interviewed the railway companies that have been suspended. Either they will find a way to solve the capital problem and resume the construction immediately; or they will accept the government's investment and share. In short, the construction must be resumed as soon as possible.

The Ministry of Colony must also act as soon as possible. The economic crisis is the best opportunity to organize immigration, not only Austria, but the entire German region is your area of ​​work.

To find a way to encourage bankrupts to immigrate to the colony, at this time Americans are also in the economic crisis, and no one robs you immigrants.

I ordered the colonial government to speed up and expand to Nigeria and the Congo. I authorized them to organize civilian armed forces to fight and expand our sphere of influence as soon as possible."

As long as the normal construction of these projects is resumed, the relevant upstream and downstream enterprises will survive, and most of the domestic unemployment problem will be solved.

In this era, the industry was actually relatively single. The surrounding industries of these projects already included more than half of the country's industries.

Franz swallowed the bad-end infrastructure construction projects, that is because these projects can not find the pick-up man, and the government can only take over the construction.

No one has eaten up the railway company. In addition to the higher market value of the railway company and the higher cost of acquisition, the more important reason is that the railway company is trading at a loss.

Since the Vienna government packaged a series of lines to the railway company, the railway company's "money" has not been so bright.

The savvy consortiums retreated and left as early as the outbreak of the US economic crisis, and now those who are locked up are speculators who have reacted slowly.

Franz can't help them out, of course, the railway companies will see no profit in the next ten years.This kind of long-term project is not backed by people, and the investment of the Vienna government alone is too much pressure on the funds.

If it is possible, he would rather let private capital complete the railways of the New Holy Roman Empire, rather than the public-private partnership that is now compromised.

Relying on a series of capital operations, Austria has added more than 14,800 kilometers of railways in less than ten years. The total mileage of the entire New Holy Roman Empire Railway has exceeded 20,000 kilometers.

If it is invested by the government, it is estimated that the Vienna government is now unable to complete half of the project. This is the power of money, and the poor Vienna government cannot play such a large project.

Even now, the Vienna government cannot afford such huge investments.The current infrastructure construction is carried out by debt.

Directly making Austria the world's fourth largest debtor after Britain, France, and the United States. In the coming decades, the Vienna government will work hard to pay off debts.

War is the best way to shift the crisis. Unfortunately, the African continent is a little farther away, otherwise Franz does not mind winning a few indigenous kingdoms to survive this economic crisis.

However, Shidang ’s expansion is still necessary, so let alone plunder wealth, at least the land for immigrant resettlement must be bought.

Overpopulation in the German region is not one day or two. The Austrian region is still good. It has sent hundreds of thousands of immigrants to the Balkan Peninsula and tens of thousands of people in the colony. The population pressure is not too great.

The rest of Germany is different. Every time the economic crisis breaks out, the emergence of unemployment is the time of immigration.

This time it happened that the US also experienced an economic crisis. It is estimated that at this time they just wanted to immigrate and they would not be welcomed by them.

Yosip Jelacic replied: "Your Majesty, our colonial ministry has formulated an immigration plan. In order to attract immigrants from the German region, we have proposed two immigration methods:

First, accept government employment, immigrants go to the colony to open farms, the government arranges specific locations, all immigration costs are borne by the government, they do not need to worry about work issues.

Of course, this requires a five-year labor contract to be signed. I gave a salary that was 20% higher than that of the local government. During the period, the government provided free family visit once.

Second, free immigrants, who choose to settle in any of our colonial strongholds, the government subsidizes half the cost of ferry tickets."

Franz nodded, this is the best condition the Vienna government can provide.The main purpose of opening these farms and plantations is to retain rewards for meritors.

After all, the local land is limited, and even if it is a noble, it is mostly a nominal title. Many lands have a master, and it is impossible to give them a reward.

Then it is inevitable to take the colonial land as an enclosure.Not everyone has a family heritage, just give them a piece of land and have the ability to develop it.

The civilians or the noble nobles have a limited number of heroes. They do not have the ability to develop the land in the past, so it is also a good choice to use the developed farm or plantation as the land.

If you develop it yourself, you may be able to obtain hundreds of square kilometers, or even thousands of square kilometers of enclosed land, and obtain ready-made farms, which will be dozens of hectares, or hundreds of hectares of territory.

There is no such thing as losing money or taking advantage of it. The wasteland development also requires investment costs.On this issue, Franz will not be difficult.

The earliest plantations opened in the Guinea colony can now see returns. After all, growing food, cotton, peanuts, these one-year crops are still very effective.

After the output, the government of Vienna carried out a huge publicity, claiming to open a second home of the new Holy Roman Empire, with emphasis on the fertile land of Africa.

Many people's perception of the African colonies has changed, the concept of the poisonous insect continent has faded, and prosperity has entered everyone's minds.

This is not a lie. The African continent really has a lot of fertile soil. At present, the colonies opened by Austria are relatively wealthy, and the climatic conditions are also suitable for human existence.

Now mobilizing people to emigrate can not only develop overseas colonies, but also solve the unemployment problem in the country, and it can also transfer the economic crisis.