Holy Roman Empire

The turmoil in the stock market quickly spread to the whole society.

Before the curtain opened, the capitalists artificially created a hot market in order to transfer losses, which is now unnecessary.

After the window paper was pierced, the enterprise layoffs and layoffs reduced production.The economic crisis has not yet begun, and the wave of unemployment has come first.

The news that was covered up now does not need to be pinched.Only then did everyone realize that the so-called goodness was completely fabricated out of thin air.

The so-called purchase orders do exist, but it is not the Russian government nor the British government that signed the contract, but a newly established leather bag company.

Since it is a leather bag company, it naturally cannot represent the government's position.The so-called entrusted procurement is even more fake and can no longer be faked.

Frankly speaking, this game is not smart.Perhaps in other countries, the government may entrust the company to purchase, but it is impossible to exist in the Russian Empire.

The tsarist government has the most annoying bureaucracy. How can such hard work be outsourced?

Claimed to be the cleanest purchasing department of the Russian Empire, it absolutely cannot tolerate the occurrence of such middlemen earning price differences and wasting national wealth.

Before the crisis came, the ability to unite with many capitalists to control mainstream public opinion and artificially prosper the manufacturing market all proved the strength of the French consortium.

Fidoron Machinery Factory, as a rising star of French manufacturing industry, was founded in 1867, and has now become the leading enterprise of French machinery and equipment.

Industrial technology takes time to settle, and it can stand out from many competitors in just two decades. The founder, Baron Fidoren, has made a great contribution.

Sir Frederick, who was supposed to be famous, was holding a cigar at the moment, constantly swallowing clouds and mists.

The secretary reported in a low voice: "My Excellency, the latest statistics, 18 companies including Side Textile Mill, Edoran Cannery, and Ellenborg Spinning Mill, demanded a return.

The total price of these returned products is about 30 million francs, of which there are about 6.57 million francs, which we have not received so far.

In addition, there are 27 enterprises that have not delivered machinery and equipment, directly announced the default of the order, and will not pay subsequent fees.

We arranged the production of these mechanical equipment as early as last year, and now the shutdown is too late.

If no new buyers can be found, it is initially estimated that our loss this time will be up to 54 million francs. The confiscated liquidated damages can cover approximately 14 million francs. The final loss will be around 40 million francs."

Things gather together and divide people into groups. As an aristocratic capitalist, Fidoron has a very general relationship with the domestic capital.

This retreat planned by the consortium, Baron Fodoron was excluded and became one of the victims.

The manufacturing of machinery and equipment engaged by Freedom Machinery Factory belongs to the upstream industry. The main markets are all domestic and there are almost no international orders.

The elderly Baron Fidoren was obviously not sensitive enough to changes in the international market, and he did not expect in advance that overcapacity would occur during the Anglo-Russian War.

Misjudgment of the judgment made the present bitter fruit.The company received a bunch of orders, and received a notice of default before the delivery was completed.

After a short pause, Baron Fedron said fiercely: "Tell them that it is impossible to return the goods.

As long as there is no problem with the product quality, we will not have a return service.And let them pay the rest of the payment quickly.

Orders that violate the contract later will be held accountable for their breach of contract in accordance with the contract.

Instructed to suspend the production of all orders, and send someone to contact the remaining customers to ensure that the order can be successfully delivered before continuing to organize production.

Determine the default order and other orders that can be transferred, and immediately be deployed.It's really not good, just use the parts!

At this juncture, there is no buyer at all, and we must stop loss in time."

Mechanical equipment is different from other products, and once produced, it will also incur maintenance costs.The longer the backlog is in the hands, the higher the cost the company will pay.

Judging from the current situation, Baron Fodoron does not believe that the market is likely to recover in a short time.

Before the problem occurs, it may be ignored by the good in the market; the problem has broken out, and Baron Fodoron naturally perceives a deeper reason.

The consumption of materials in the Anglo-Russian war was not as good as expected, but was the focus of detonation.Essentially, the cycle of capitalist economic development has arrived.

According to past experience, overcapacity is not just a problem for France, and the entire capitalist world cannot be alone.

There are a few countries eligible for an economic crisis this year.The industrial production cost of France is higher than that of Britain and Austria, and it is naturally at a disadvantage in international competition.

Now that we are in crisis, the first French companies are naturally unsustainable.The French consortium that made up its mind to make war money became the earliest victim.

It's just that these guys respond very quickly.Before the crisis broke out, it began to transfer risks, so that stockholders thundered.

It was not because the consortium was full that the crisis was detonated so quickly, mainly because the market was almost out of money.

In the gold standard era, subject to the restrictions of gold reserves, the issuance of francs is limited, and there is less capital circulating in the market.

The cutting of leeks also requires the growth of leeks, and the previous good has already fooled retail investors.Those who haven't escaped can't actually get out.

Now everyone is speculating in stocks and becoming shareholders, and no more harvesting, once the news is leaked, it will not be harvested.

Judging from past experience, Baron Fodoron can conclude that this crisis will last for one to two years without accidents.

When the crisis ends, the market begins to overheat and it will take longer.

In this ever-changing era, no one knows when the machinery and equipment will be replaced.

Keeping a bunch of mechanical equipment in the hands is really boring.Not only does it risk losing money, but it also consumes the company's precious cash flow.

Equivalent to dismantling semi-finished equipment, the loss of the enterprise may be as high as 50% to 60% of the production cost. If the production continues, it may be possible to compensate the production cost by a few times.

The secretary reminded: "Your excellency, in the contract we signed before, there was an agreement that we were not satisfied with the use and refunded part of the money.

in case……"

Baron Fedron interrupted impatiently: "Don't care so much, if they are not satisfied they can go to court to sue.

At this point, are we still afraid of litigation?"

Suddenly, tens of millions of francs were lost. The well-functioning Fedron Machinery Plant was directly brought into the ditch.

The phone call collected by the bank had already made Baron Fodoron about to collapse.The phone with the phone cord unplugged on the table is the most authentic portrayal.

"Boom, boom, boom" knocked on the door, and Baron Fedron said coldly, "Come in!"

A middle-aged man whispered: "His Baron, the people of the Bank of Paris are here and are resting in the parlor."

As soon as the words fell, two middle-aged men in suits and leather shoes came in.

The first person said: "Sorry, Baron Fodoron. We took the liberty to visit this time mainly for ..."

Baron Fodoron interrupted directly: "I know what you are for, but there is still a month before the bank loan expires.

If we have any questions, we will talk about it later, or contact the person in the public relations department. Please do n’t disturb my work now.

Thank you!

Fick, take the two gentlemen to rest."

After hearing the words of Baron Fodoron, Fick's middle-aged man immediately made a request and said, "Two, please follow me."

The first middle-aged man was unimpressed: "Baron Fodoron, you misunderstood. Today we are here to solve the problem for you, not to collect the loan in advance.

If it is convenient, please give us half an hour.The next conversation needs to be kept secret, and we better communicate separately."

Baron Fodoron was stunned ...