Holy Roman Empire

526 Food = Labor

In London, the capitalists who originally signed with the Russians were not prepared to perform the contract due to the collapse of domestic food prices.

It is obvious that breach of contract will definitely not work, not only violates British law, but also involves diplomatic issues.

Moreover, these food purchases are still used to repay the debts of Russians in domestic banks.The previous loans were all released, and if they defaulted, the Russians could legally default, and the bankers would not agree.

Taking rye as an example, the price of rye on the British market is now about 6 to 7.5 pounds ton. The price of the contract signed with the Russians was as high as 9.1 pounds.

This means that in this transaction, not only can they not make money, but they have to lose money inside.

Of course, even at a price of 9.1 pounds per ton, these capitalists will not lose money.The added value of the product after processing is still enough to offset these differences.

However, qualified capitalists are definitely not willing to eat this loss, which means that they will earn 1.5 to 3 pounds less per ton of rye.

It seems that this figure is unremarkable. If it is enlarged to tens of thousands of tons, hundreds of thousands of tons, it will be an astronomical figure.

It is impossible for the capitalists to fail to pay the debts directly.Members of Congress are doing this job, and guiding public opinion is also a good way.In short, we must find a reasonable and legal reason to rely on the account.

The anti-Russian wave is soaring, which is not a good thing for the newly elected Cabinet of Gerston.

"Pound sterling-the golden system" establishes currency hegemony. If the Russians are forced out at this time, they will be beaten back to their original form immediately.

The last government relied on this achievement to nearly turn over in the general election.If it were not for them to turn over their old accounts in time and encourage the families of the soldiers killed in the British-British War to make trouble, maybe Gerston could not stay at Downing Street.

Throwing away the newspaper in his hand, Prime Minister Gerston whispered and complained: "Damn it, get out, and you will not be safe when you leave, leaving us with such a bomb!"

This kind of thing is very common in the transition.Everyone is a member of the Conservative Party and the Liberal Party. Politically they are inherently opposed, and their status determines their position.

Without digging into Gerston, how can you let your party win in the subsequent election?If he moved somewhere, Gelston would have made the same choice.

Anyway, it's all within the rules of the game. The mess left by Benjamin's cabinet is in full compliance with the law.In addition to complaining privately, Gelston was powerless and could not even use this question to blame the previous one.

"Prime Minister, the biggest problem now is not the people outside, nor the gang of members of Congress, but the gang of capitalists who do not want to perform the contract.

At the current food prices, according to the treaty signed with the Russians, they may earn millions of pounds less each year, even if it is shared, it is not a small amount.

What's more, this is not one year, but five consecutive years.For such a long period of time, if something happens in the middle, they will be replaced by others."

As he spoke, the Chancellor of the Exchequer, Luke Royd, picked up the newspaper on the ground, folded it twice, and shredded it into the trash can.

Obviously, he was not so easy on the surface.In the face of interests, it is too difficult for capitalists to retreat.

Even if the government wants to take measures, it can't find an excuse.These people were hiding behind the scenes from the beginning to the end, and the peasants who were charged outside were all agitated farmers.

Everyone attributed the reason for the sharp drop in grain prices to the Anglo-Russian Grain Loan Agreement, which was believed to be a sequelae caused by government interference in the market.

Obviously the predecessors' achievements, but now they need them to clean up the mess.It's still the kind of work that doesn't do much, and you will get scolded if you don't do it well.

After calming down, Prime Minister Gerston sat back in his place and asked, "What do they want? It is impossible to break the contract. Now we need the Russians."

The sterling hegemony system has just been established, and the reform of the Russian gold standard has only just begun. Before completely binding the Russians, they cannot turn their backs.

This requires at least five or six years of effort, so the British and Russian loans also last for five years, and the London government binds the Russians through loans.It cannot be said that it is a loan. It is more appropriate to describe it with a food transaction contract.

Compared with the huge benefits brought by currency hegemony, the losses of these grain capitalists are not worth mentioning.In spite of this achievement, most of which was taken by the previous office, Gerston still has to continue.

Otherwise, domestic bankers would send him to see God.Don't assume that the United States has the habit of assassinating the president, and the British capitalists are also daring.

It is just that the British nobility still have a certain power. The capitalists have not been able to fully control the government, or they will work in a roundabout way. This group of food capitalists will not do it.

The era of large monopolies is approaching, and it is not far from the time when the capitalists broke out. When one consortium is established, it will completely enter the era of oligarchy politics.

Relatively speaking, the British Prime Minister in this era is still happy.In the era of oligarchic politics, politics is reduced to a game of capital, and that is the real tragedy.

"They want the government to fund this batch of food and emulate Austria's establishment of a strategic food reserve. There is no problem in theory. Britain is just an island country, its own food production is limited, and it is not a problem to reserve a batch of food.

Britain in this era is at its peak, and its wealth is the most suitable to describe them.

Even because of the war, the London government was already heavily in debt, but they were not at all alarmed.

The huge wealth brought by the colony was enough for them to deal with it easily, and they even had the power to make a sum of money to establish a strategic reserve system.

Gerston had no objection. Although he did not think that Britain had the need to establish a strategic food reserve, he was not prepared to prevent everyone from making a fortune.

The most prosperous era in Britain is also the most corrupt era.Once such a big project is promoted, it will bring a lot of money.

Gerston smiled lightly and put his hands on the table with his palms up: "If they can persuade Congress to approve the funds, I have no opinion."

Obviously, this is impossible. If we can convince Congress to approve the appropriation, the capitalists will have done it for a long time, and will not engage in so many things.

To put it bluntly, the involved grain capitalists have limited say in the British capital market, and they cannot even represent the grain processing industry.

There are indeed people in Congress, but it is still very difficult to decide the Congress.Not to mention, competitors will not let them get what they want.

Being able to engage in the momentum that has emerged is all thanks to the current social environment.Had it not been for domestic food prices to plummet, so many farmers could not be organized to participate in the march.

The Chancellor of the Exchequer, La Luke Royd, shook his head: "If they can persuade Congress, they will not come to us anymore. They made a promise that as long as the plan is passed in Congress, they will sponsor our 200,000 pound campaign Funding.

In addition, there are other benefits.The specific details are inconvenient to say clearly and need to be communicated in private."

Politics also requires financial support, and behind every election there are many behind-the-scenes transactions.If there is only investment and no return, who will sponsor it for free?

If there is no income, how can political parties survive?No money to support the campaign team, no money to brush the public's favorability, and how can we win the election?

In reality, the politicians' morality is usually relatively low.Prime Minister Gerston is no exception. Political parties need capital support, and the two sides have been intertwined since the beginning.

...

Under the impetus of the Liberal Party, on October 21, 1872, the British Parliament passed the proposal to "establish a strategic food reserve" with a slight advantage.

On October 24, the London government stopped the UK-Russia grain loan transaction to stabilize the domestic grain market.

After some symbolic negotiations, a week later the London government was very reluctant to buy food within the scope of the treaty at a price higher than the market price.

There is no doubt that this is for the people.The real reason is that the government took over this loss for the sake of the aftermath of the food capitalists.

The Anglo-Russian transaction was still going smoothly, and Franz was not disappointed.The benefits brought by currency hegemony are greater, and the London government naturally knows how to choose.

The only surprise was that he did not expect that the British would actually establish a strategic food reserve.It is important to know that the Royal Navy travels all over the world, and there is no country in the world that can rival it. The enemy who can block Britain does not exist.

This change is a small problem, anyway, the ultimate goal is still achieved.Although it has not been able to disturb the British-Russian trade, the collapse of the international food market has severely damaged the agricultural spirit of European countries.

There is no argument for food subsidies in this era. Even the various taxes are essential, and the government is willing to reduce or exempt agricultural taxes.

For the farmer, the agricultural crisis is a great time to merge, why should the agricultural tax be reduced or exempted?Without these taxes, how can farmers be bankrupted as soon as possible?If farmers are not bankrupt, how can they carry out land mergers?

Tax cuts are inevitable, but wait until everyone completes the land merger, or else they will cut off their money.

The massive bankruptcy of European farmers is also what Franz wants to see, and the Austrian colony is short of people.

He does not want immigrants from Britain and France, nor does he expect immigrants from Portugal, Spain, or the Netherlands. The remaining countries can always make up their minds.

Today, unlike in the past, Austria ’s rule in the colony has stabilized, and some foreign immigrants can be completely digested.

Unlike at the beginning, except for local immigrants and German immigrants, immigrants from other countries, Franz did not dare to accept a large number.

I'm afraid that people will give priority to anti-guests. On the issue of national assimilation, there are usually as many people assimilating but few people. It is not easy to want to reverse the process.

This is also considered to be a substitution of grain, which is equivalent to Austria selling a batch of grain out and replacing it with a batch of labor.