Holy Roman Empire

In the era of the gold standard, it is impossible to do without sufficient reserves.Don't think that the three countries of Britain, France and Austria are allies. Once there is a problem with the reform of the French currency, the first to take advantage of the fire is the two countries.

This is not to say that other countries have become friendly with France, mainly because the lack of strength cannot afford France.In this artillery range is a world of axioms, there are still many advantages to having a big fist.

Napoleon IV asked in doubt: "The price of gold has always been at a high level, will it also affect the UK and Austria?"

Both the British pound and the Aegis are the gold standard. The price of gold has risen. The British pound and the Aegis have also increased in price. The increase in the value of the currency will also affect the export trade between Britain and Austria.

Chancellor of the Exchequer Allen replied helplessly: "Your Majesty, the main international settlement currencies are the British pound and the Aegis, and the impact of the rise in currency value on them has been minimized.

On the contrary, we are even more disadvantaged. Affected by changes in currency value, more and more capitalists choose to hold sterling and Aegis, and the franc's market share continues to decline."

This is the power of currency hegemony. Although Aegis and Sterling are competitors, the two countries have the same interests in maintaining the gold standard.

In addition to market share, Britain and Austria also account for the vast majority of shares in the international import and export trade market, and countries have to hold large amounts of pounds and Aegis.

Afterwards, the US currency hegemony was almost the same, knowing that holding a large amount of US dollars would be sheared, but there is no way, if you want to do international trade, you must still hold it.

Unlike other countries, France can make concessions on currency issues and seek the support of Britain and Austria to complete the reform of the gold standard. France can only die in the end.

This is not just a matter of face, but also involves international status and a lot of benefits.Once the Paris government is subdued, it is no longer the three major nations that dominate the world, but the British and Austrians.

There is no doubt that the Paris government must not compromise on this issue, otherwise the French people outside will blame the thieves.

After wandering a few steps, Napoleon IV said fiercely: "Since there is not enough gold to buy from the international market, try to find a way from the gold and silver countries.

Selling silver for gold, don't they want to speculate higher prices?Then we also fry together. Now the gold-silver exchange ratio in the market is only 1: 23.5, then fry me to 1:30, or even 1:40.

The price of gold has skyrocketed against silver, and the value of the pound and Aegis will also soar, exceeding the market's tolerance limit, and I am not afraid that they will not sell gold to quell the currency."

This is a strategy of losing both sides. The sudden rise in the value of the currency will inevitably affect export trade.The British and Austrian countries are uncomfortable, and the French of the standard system are also uncomfortable.

Except for a few financial capitalists who can make a profit, it can be said that there will be no winners.All participating countries in international trade are victims of currency instability.

I have to say that Napoleon IV was ruthless enough to prevent me from joining the game, so I would overturn the table and no one would want to play happily.

Chancellor of the Exchequer Allen hurriedly dissuaded: "Your Majesty, it is absolutely impossible. We have not yet completed the currency reform. The gold and silver exchange rate was the first to be hit by the franc.

If they do not compromise and let the market hit, the franc's credit system will be finished first, and countries that have not completed the gold standard reform will suffer heavy losses.

For the British and Austrian countries, it is also acceptable to use the short-term economic losses in exchange for the establishment of the gold standard system."

It is not the era of free trade. As the two largest colonial empires in the world, the largest trading partners of Britain and Austria are their own colonies.

No matter how much impact the increase in currency value brings, as long as there is no chaos in the internal circulation system, the two countries will survive.

Moreover, there are many countries that have completed the reform of the gold standard. The currency value of everyone changes synchronously, and the effects of offsetting each other do not affect trade.

On the contrary, the countries with the gold and silver standard system are even worse. The rapid changes in the exchange rate directly make many import and export companies unprofitable, and may even lose money and lose money.

Foreign Minister Montero echoed: "Allen is right, if we follow the high price of gold, we will be caught in the enemy's tricks.

There is not enough gold reserves, we can also find a way from other countries.There are many countries that have not completed the reform of the gold standard. We can cash out enough gold from them."

Napoleon IV nodded thoughtfully in recognition.A dead friend does not die poorly, as long as he can solve the problem, he does not mind which method is used.

During the reform of the gold standard in the original countries of time and space, due to the lack of sufficient reserves, the final solution was to rely on external plunder.

Now that history has returned to its original trajectory, the French Empire, which has been silent for many years, is about to expose their fangs again.

...

The French gold gap is not very large, and the problem can be solved through external plundering, and other European countries will not.

Not every country has that strength and can solve the problem by colonial plunder. More countries have to choose to compromise with Britain and Austria in exchange for their support in currency reform.

At the Vienna Palace, Franz felt somewhat unrealistic looking at the situation in front of him.Isn't it a joke that the British are willing to share currency hegemony with Austria?

John Bull, who didn't move, made Franz's headache even more. He believed that the British must be planning a conspiracy, but it was not found.

Killed delusions, maybe there is!It is always right to be vigilant, and it is better to work in vain than to be unprepared.

...

From winter to spring, the earth exudes vitality.Every year at this time, Franz takes his family out for a trip.

This year is no exception, but this time the destination is a little special.An ancient and legendary city in Jerusalem is the terminal of this event.

Because the destination is too special, there are more participants than usual.For example: the elderly Grand Duke Carl, Queen Sophie, and the uncle Ferdinand I abdicated the couple.

This made Franz stressful, these old guys are not too young, there is a little accident on the road, he will go home to do funerals.

Persuasion is impossible, and others are true devotees.As Uncle Ferdinand I said: My biggest wish is to put the Habsburg flag in Jerusalem.

Well, many emperors of the Habsburg dynasty said the same thing, but they were unlucky, and they did not succeed in the Ottoman Empire in their heyday.

Now the opportunity is coming, and all of them can't bear it.Even the honest father, who had never thought about it, said that if he died in Jerusalem, he would be with God.

If it wasn't for Franz to block, the armistice treaty had just been signed, and they ran over.Facing a group of religious madness, Franz was also helpless.

Since the recovery of Jerusalem in Austria, there have been particularly many pilgrimages from various European countries to Jerusalem. Not to mention the city, even tents have been set up outside the city.

In order to solve the accommodation problem of the pilgrims, the Jerusalem City Management Committee was forced to change all the original demolition and reconstruction plans, and repaired and rebuilt the buildings in the city.

Most of the buildings have been converted into hotels and hotels, which have been renovated in the shortest time, and then opened for business.

Without waiting for Franz to react, Jerusalem became Austria's most prestigious tourist city, and all publicity, planning, and advertising were superfluous.

This time I went to Jerusalem to be crowned, mainly for the sake of show + compulsion, so the ostentation is of no small importance.

In order to prepare for this grand ceremony, the Vienna government also made a bloody contribution.A lot of manpower and material resources are invested in it at any cost. Franz estimates that the final cost may be as high as tens of millions of Aegis.

Don't feel expensive, these investments are worth it.Not to mention, after the recapture of Jerusalem, Austria ’s rule became more stable.In the face of this good news, there is no market for chaos and ideas.

This is only domestic, and Austria's popularity has surged internationally.The growth in soft power cannot be measured by money.

On April 3, 1875, Franz took a whole family out of Vienna and opened the pilgrimage.

As soon as I got on the train, it happened frequently.First, Uncle Ferdinand I became ill. Well, this can only be regarded as a minor problem. He is ill every day, and everyone is used to it.

Then his mother Empress Sophie passed out again. After a while, the doctor gave the answer: the train was too fast-motion sickness.

No need to say, then slow down!The special train that Franz rides on is the fastest train of this era, theoretically it can run as fast as 80 yards.

Of course, this is limited to theory. The railway is not a flat road. If you encounter a mountain curve, you must not run so fast.The average speed is about forty or fifty yards, which is fast in this era.

After slowing down, the situation is much better.Originally, the result was delayed until the next day before arriving in Venice, even with transportation was affected.

This is only a minor problem. It is nothing more than a one-day extension of the railway from Venice to Vienna, and the loss is not large.The trial in Venice only really started. In addition to the emperor Franz, the seasick emperor, there was a family of old, weak women and children.