Holy Roman Empire

The South African war was over, and as a victor, the Vienna government was not happy.Reality once again proves that modernized wars cannot rely on war compensation to make up for losses.

Through the Armistice Treaty, the Vienna government received 3 million land ransoms, plus the captive ransom, totaling 6.126 million pounds, which is equivalent to 12.2536 million Aegis.

It seems that this is a huge sum of money, but compared with the war expenditure, it is a huge sum of money, and even a quarter of the cost has not been recovered.

This is still based on the fact that the French secretly contributed. Otherwise, the price will be even greater.

The loot gained is a wild land.Because of the war, even the indigenous tribes could not find a few lands acquired from British South Africa, let alone immigrants.

If it were not for the strategic opening of the South African estuary, the British forces were confined to a corner, and the safety of Transvaal and Orange Free State was guaranteed, it would be a complete loss.

The war won, no matter what the loss was, it was indispensable to discuss merit and reward.

However, after all, it was played against the vest of the Republic of Boer, and later the settlement of the war effort would have to go in a circle, and the settlement would be carried out after Austria annexed these areas.

In the original Boer Republic, except for a few smart people who made the right choices, the rest of them were in the round of shuffling.

This is the difference in volume. The original Boer Republic, with hundreds of workers, is the premier big capitalist. In Austria, this is the scale of the township enterprise.

As the British invaded, their capital for talking about conditions also disappeared.The pit was dug by themselves, the armaments were abandoned, and the British had to ask Austria for help.

It was originally thought that Austria must rely on these bowhead snakes, but they guessed the beginning and did not guess the end.

The British are not as strong as they thought, which made Austria less dependent on them.Smart people adjust their mentality in time and immediately turn to the past, naturally there will be no loss.

If the reaction is slower, it will be tragic, regardless of the economic losses, and the political voice will be weakened.The relationship that was originally in the government of the Republic of Boer has now been shaken up and down.

The reality is so cruel, how can we promote people who are loyal to Austria without the right to shuffle?

These nobles who brought their own dry food to fight wars are not without interest claims, and obviously have to take a slice of their share in the reorganization of rights.

Even if the foundation is not here, it will not stay and develop, it is still possible to arrange for a family child to come over and develop.The big branch of the tree is the way of life for the old nobles.

These new interest groups are the foundation of Austria's future rule of South Africa.The original interest group can only say sorry, who made them make mistakes?

The signing of the Cape Town Treaty no longer exists the biggest obstacle to the establishment of the alliance of the three countries.On July 1, 1871, Anglo-French representatives signed an alliance treaty at the Palace of Versailles, and the era of hegemony of great powers came.

For various reasons, this alliance treaty is only five years old.It can be seen that the three countries have insufficient confidence in this alliance and can only be regarded as an attempt.

Whether or not to renew the contract after five years depends on whether everyone can get more benefits in these five years.This is the reality between countries, and only the interests of this alliance can be maintained.

Even so, the European world is still in an uproar, and this conflicting alliance still scares many people.

For a small country that originally relied on contradictions among the powers, life has become more and more difficult. Breaking up this alliance has become the common goal of countless European countries.

At the Vienna Palace, Franz is holding a cabinet meeting to discuss plans for the African railway network.

Prime Minister Felix proposed: "Your Majesty, considering the cost of operations, the African railway network plan should be postponed. At present, we only need to complete the two strategic railways of East and West and Southwest.

The blind construction of the railway network will bring a heavy burden on the finance.Taking our local railway network as an example, despite many preferential policies granted by the government, many railway companies still went bankrupt.

Affected by this, the capital market is no longer enthusiastic about railway investment.Today, there are not many profitable railway companies in China.

If it is almost impossible to rely on financing from the capital market to start the African railway network plan, this burden will all fall on the government.

This huge railway plan has exceeded our financial endurance limit, and we may not be able to achieve breakeven within a hundred years."

It was Franz's panic for the railway company's bankruptcy.In order to popularize the railway network in Austria as early as possible, he used the Internet development methods of later generations.

Launch a concept, draw a pie, and attract capital to the market.Railway networks all exist alone, and naturally they are monopolized. As long as they have passed the initial investment stage, it is really not difficult to make profits later.

This pie has more conscience than the concept of virtuality in later generations, and it is not impossible to achieve this goal.It's just that the initial investment is relatively large, and the profit time in the later period is relatively long.

Without relying on the power of capital, Austria built a railway network in the shortest time.As for the railway companies that fell halfway down, they all have a common feature-the broken capital chain.

This is all because of their own mismanagement, which is definitely not for the government to take over, Franz deliberately did it.

Investment is risky and you need to be cautious when entering the market.In the capitalist market economy, the economic crisis is not considered, that is all its own responsibility.

Don't say this explanation. Franz never stood on the front desk. He advocated railway investment as experts. It was the capitalists who bankrupted the railway company. It had nothing to do with the emperor.

The surviving railway companies can prove that as long as their heads are not ventilated and carefully choose high-quality railway lines, even if the branch lines are bundled, they can also be profitable.

Of course, the prerequisite is that you need enough money to survive a long investment period, and the return rate in the later period is still relatively considerable.

Do n’t compare the profit to the stock price. It ’s a bubble. No company ’s profit can catch up with the stock price increase.

At its peak, the total market value of the Austrian railway company once exceeded the myth of 20 billion Aegis.Is Austria's railway network worth 20 billion Aegis?

There is no doubt that this is impossible.The 20 billion Aegis of this era is an astronomical figure, and the gold that has been developed all over the world is not enough.

If there is so much money, not to mention the local railway network, even if it is to lay the railway network in the inhabited areas of the world, it is almost enough.

It is important to know that the Austrian railway network adds up to a comprehensive calculation, and the annual profit is less than 100 million Aegis, and in fact, the pure profit of five million Aegis is not.

Of course, there is still a lot of room for growth. Now that railway companies that have not continued to build have stabilized, their annual profits have basically maintained a growth rate of more than 30%.

This is not because their profits are growing fast, but because the base is too low, they will naturally grow rapidly.If the freight volume increases by one percentage point, the profit of the railway company may increase by four or five points.

It is not a question of freight rates, it is simply a lack of business, which has caused many railway lines to lose money.Increased business volume and turned many branch lines into losses. In the case of insufficient total profits, it looks very impressive.

Taking the Draco Railway Company as an example, the profit in 1869 was 12,000 Aegis, and the total profit in 1870 was 1.386 million Aegis, which on the surface increased more than 100 times, in fact, the annual business volume also increased 5 points.

This seemingly explosive growth is actually still insignificant.It should be known that Draco Railway Company has net assets of 130 million Aegis, with a market value of up to 530 million Aegis, and at its peak the market value once reached 1.68 billion Aegis.

Otherwise, the growth rate is fast, and the market interest rate cannot be seen at all.Expecting profits to recoup investment costs is impossible without a decade or two.

The same method can only be played once, and the capitalists are not stupid.Take the African railway network to fool people, but also need someone to believe it?

Counting on small private retailers, unfortunately these Philippine dishes haven't grown up yet, and they can't get much if they want to cut them.Unless it is to relax the financial management law and allow small capital to enter the market.

Obviously, this is not possible. If you do this, in the event of a stock disaster, the scope will be wider.

Life in this era is not easy. Ordinary people work hard every day for survival. These people do not have any ability to resist risks.If it was really pitted in, wouldn't this be the cannon fodder for the revolutionary party?

Digging the corners of your own home, things that can never be done.As for the construction of the African railway network, it will be better late.

The colonial development is so good, it is enough to provide industrial raw materials and markets.Even if it is going to be a big development, it will have to wait for localization.

Franz nodded and said: "The construction of the African railway network is indeed too costly. Now both railways must be re-planned.

We already have some railways in Africa, and these cannot be wasted.The Southwest Railway can be considered for direct connection in the Congo region, and the East-West Railway can also be connected halfway in the Southwest Railway.

In this way, strategic objectives can also be achieved. Perhaps in terms of long-term development, such planning distance is a bit far away, but in the short term, investment can be minimized."

This is not Franz's short-sightedness, on the contrary, it is meaningful.Through this railway, the resources of inland Africa can be shipped out and shipped back to China from the nearest seaport.

The strategic objective has been achieved. As far as the railway is not the shortest route, it increases the cost of resource integration across Africa, which was originally a means to check and balance the colonies.

Have you ever seen the British build a mess of railroads in India? In the 21st century, the Indians did not fight back, which was a means to check and balance the colony.

Franz's approach has been very restrained, at least there is no unified track standard.No, it is not a completely unified standard, and some railways dedicated to mine transportation may also be narrow gauge railways.

Shipped to the port and shipped, there is no need to connect to the main railway line.At least mines not far from the coast will build this kind of railway.

Otherwise, if you take advantage of the local resources, after a dozen or twenty years, a perfect industrial system has emerged in Austrian Africa. If you do n’t have time to complete the localization, it will be in trouble.

The homeland cannot overwhelm the colony, and Franz did not want to relocate to the African continent in his lifetime, and ran to become an emperor.Even after shifting the strategic focus, it will not be able to unify the African continent and build the world's largest empire.