Holy Roman Empire

652 The continuation of the hegemonic struggle

The atmosphere in the reception room of the British Foreign Office is particularly strange.One of the parties in the negotiations was very nervous, but had to hang a smile; the other party was obviously not interested, but pretended to listen carefully.

This bizarre scene is the scene of the negotiations between the two countries.From the moment the negotiations began, the two parties were in an unequal position,

Just like ordinary people who have no money in their pockets and are hungry, they have to borrow money to eat.In order to borrow money, that is ...

The British Foreign Secretary Edward waved his hand: "I'm sorry, Your Excellency. I can do nothing about this matter. Loan is a business of a bank. You should talk to bankers."

Merely relying on attitude, obviously can't borrow money.Without sufficient benefits, how could John Bull pay?

Friedman Friedman, Federal Foreign Minister of Popo: "Sir, we have passed through the bank and need the endorsement from your government. Please be assured that this time we are very, very sincere.

Interest can be increased by 30% on the basis of the international average interest rate. We can also use financial revenue, colonies, railways, mines, and ports as collateral."

Although international loans are lucrative, the risks are huge.Without government endorsement, anyone who dares to make international loans is a fool.

Some governments "endorse", and once a debt default occurs, the government will intervene in the collection.Although there is no guarantee that it can be recovered, it also increases the default cost of the other party.

If there is no "endorsement" by the government, then go and ask for it!There are many similar lessons for the past, for example: the debt of the previous Tsarist government defaulted.

Governments of various countries provide "endorsement" debts, which are finally resolved through negotiations, and some of them can be recovered.Debt that is not endorsed by the government is directly erased.

The outcome of this Russian-Russian war is unpredictable. It is still unknown whether there will be a Pupo Federation after the war. Without the endorsement of the London government, bankers will naturally dare not take this business, and the interest will not be high.

This year, the government has almost no supervision on the financial market, but it is impossible to raise hundreds of millions of pounds from the financial market without government support.

British Foreign Secretary Edward shook his head: "Your Excellency, I feel your sincerity, but this has no effect.

Everyone knows how destructive the war is.Now, the Russo-Prussian war is on the verge, and only if your country wins can debts be fulfilled.

This is just possible.The Russian Empire is not so easy to deal with. Even if your country can defeat them again, it will pay a great price. What will your country do to repay these debts after the war?

War compensation?

IMHO, if the tsarist government is rich, the war will not end.

The loot that your country can obtain is nothing more than land, population, and factories. These things are indeed precious, but unfortunately they cannot be realized.

Even because of the war, your country has to invest a lot of money to rebuild.For a long time to come, it will be financially burdensome.

This is the most ideal state.If the war becomes anxious and becomes a long-term confrontation, the situation will be even worse.

If one day your country is really unable to fulfill the contract, would you let everyone live with these collaterals?

Your Excellency, you should be aware that for bankers, the collateral provided by your country does not have a substantial effect."

Edward's words have been very restrained. There is no question of the defeat of the Commonwealth of Pope, but it must be considered in reality.

Winning the war will not guarantee the normal performance of the debt, and losing the war will be worth it.

Friedman is still confident in this war.However, his confidence does not mean that the British also have confidence.

Regardless of whether or not to admit it, the Russian's overall national strength is above the Pupo Federation.

They were able to win the last war because all countries in Europe wanted the Russians to lose, and the tsarist government really invested in fighting against them, at most half.

At this time, unlike the past, the weakened Russian Empire is not so feared by everyone. If you want countries to contribute money to help them, you must speak with your interests.

After hesitating for a while, Friedman asked directly, "Sir, what do you want in your country?"

The Pupo Federation now has no confidence to talk about the conditions. Instead of wasting time in the negotiations, it is better to show off directly. Anyway, as long as the British are willing to pay, everything is easy to discuss.

The British Foreign Secretary Edward waved his hand: "Your Excellency misunderstood. We did not want anything. You have to believe that the friendship between our two countries can stand the test, but the bankers need a guarantee.

If your country can deposit the reserves in the Bank of England as a guarantee, everyone ’s confidence in you will be greatly improved, and your country can obtain at least 60 million pounds in loans."

Friedman's face instantly looked ugly. The 60 million pound loan sounds very attractive. In fact, the reserve of the currency issued by the Pope Federation now has 478.6 tons of gold.

Of course, because of the relationship between international settlements, the Popper Federation still has to retain some of the gold, and the gold that can be deposited in the Bank of England has a value of about 60 million pounds.

This is not just a question of gold, it also involves currency issuance.Once the gold fell into the hands of the British, it was difficult to get it back.

The reserve fund is in the hands of the British, and the future currency issue of the Commonwealth of Popper will have to be influenced by the London government.Similar to later generations of the Federal Reserve, it can influence the world economy through monetary policy.

It's no surprise that Americans themselves learn from the British.It is nothing more than that the United States has stronger national power and hegemony is more stable than that of Britain.

Due to the butterfly effect of Franz, Aegis was forced to kill it, and the British pound could not enjoy the currency hegemony alone.Against this background, it is not surprising that the British stared at the Commonwealth of Pope.

For the Berlin government, depositing gold in the Bank of England is not only a loss of monetary autonomy, but also a political stand.

Choosing to support the British will naturally offend France and Austria.No, it should be said that it offended Austria.

Because of the lack of gold reserves, the franc has already been out of the game in this round of currency hegemony.

Without hesitation, Friedman gave the answer: "Loan of 60 million pounds is too small, the value of gold in our hands is not less than this number. Not to mention the additional political and economic value.

Once the gold is deposited in the Bank of England, we are bound to offend the Austrians.In the following Russian-Russian war, Austria has the heaviest voice.

Not long ago, the government of Vienna made similar demands, and the conditions they gave were much richer."

Has the Vienna government made a request? As a competitor, the British have no way to prove it.Even if it were not, the Berlin government was willing to send it to the door, and the Vienna government would not refuse.

Edward smiled slightly and raised the price of Friedman under the guise of Austria. He was not surprised. This kind of thing is very common in diplomacy.

However, William I put the first stop of the visit in London, which means that the Berlin government is more inclined to cooperate with them.

Heuristically said: "Your Excellency, this question can be discussed slowly, we will not let our friends suffer.

As for the higher bids of the Vienna government, it would only take them to fulfill their promises.Although the Russian-Austrian alliance has ended, Russian-Austrian relations have not broken down.

In the past three decades, the economies of Russia and Austria have been tied together.Even if the Vienna government is willing to abandon the tsarist government, it cannot be done in a short time.

No matter what choices your country makes, Austria will not be able to cut with the Russians for your country. This is determined by interests."

Friedman nodded. This is an indisputable fact. Russia and Austria are indeed standing together economically.If not both countries have ambitions for hegemony, the Russian-Austrian alliance will not be dissolved.

The Berlin government prefers to cooperate with British people with worse reputation than to seek help from Austria, which comes from the same source, because of the deep fear of Russian-Austrian relations.

After a pause, Edward continued to add: "Your country needs more supporters to win this war. As friends, we are happy to help your country."

Edward said it with confidence. Although Britain has a bad reputation in Europe, its diplomatic influence is still huge.

Don't mention it for small countries. The most important thing is the impact on France.Since the restoration of Napoleon III, the Paris government has been flooded with pro-British factions.

If the British government is willing to take care of these people, the difficulty of seeking the support of the French will be greatly reduced.

Friedman was tempted, not with a light-eyed eye, it was because the Popo Federation had too few chips.

The so-called colony, which is a small piece of the Indochina Peninsula, is not much operated by the Berlin government and is not valuable at all.

The so-called "fiscal revenue" is a joke.In the past ten years or so, except when the land was sold, when did you have a surplus?

Even if the mortgage is taken out, the government must also be kept running, otherwise the bankers will collect taxes themselves.

Railways, mines, and ports can only be heard.Most of these industries are private, and only a few belong to the Berlin government.

Private property is sacred and inviolable. The government naturally has no right to dispose of it. What the Berlin government can mortgage is all government assets.

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