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Chapter 112, the troubles of creditors

It would be very unreliable to expect African people to fight against the British invaders. If they had such strong combat power, the colonial era would have ended long ago.

However, the pit still needs to be dug. No matter how effective it is, it can at least delay the British's expansion speed.

The expansion of any country has its limits, and the British Empire, as the world's number one colonial empire, is no exception.

Population is a flaw, with the British islands totaling only 30 million people. Ranked last among the four major European powers. With the completion of industrialization between France and Austria, everyone's strength comparison is undergoing amazing changes.

There is no need to wait until the 20th century, and now the total local economy has become the third largest in Europe and the fifth largest in the world.

Of course, they are still the world's largest industrial power. In this era, agriculture still accounts for a very important proportion of the total economic output, so that the British ranked behind India.

There is nothing strange about it. A large number of people may not necessarily have great power, at least the total economic volume is large.

Unfortunately, the total economic output does not equal national strength. What determines the strength of the country is industry. The British Empire is still the most powerful country with aristocratic families.

However, they suffered losses in the expansion. The British population was less than two-thirds of France (including Sardinia) and less than half of Austria (including Balkans). Among them, there were millions of Irish people who were alienated from Germany, who were thinking about independence every day.

The British colonies are not as large as the population, and on average, each British have a colony of more than 1 square kilometer.

After the Near East War, the London government began to avoid the European war, which is not difficult to understand.

It is not easy to maintain this colonial empire. Thousands of colonists fall every year. If there are a few more big battles, the British will not be able to hold on.

This is the opportunity in Franz's eyes. He caused trouble for the British in the colony. On the surface, he was inconspicuous, but in fact he accumulated a lot of money and slowly consumed their manpower.

This Ethelbian War is a good opportunity. As long as it can bring tens of thousands of casualties to the British, Franz will be content.

There is no existence to beat the British. The British Army is not the Italian Army. Such a century-old joke cannot be made.

...

On the way to Ethiopia, the London Peace Association has changed, and the Russians' diplomatic methods are really not satisfactory.

Sweden did support them, but it was not the Russians' credit, but mainly the Kingdom of Denmark played its role.

If you help your relatives or not, the Kingdom of Denmark is about to be established as a member of the Nordic Federation. The boss of Sweden naturally needs to take care of their emotions.

From now on, the Kingdom of Prussia has added another enemy, the upcoming Nordic Federation.

Of course, this enemy threatened very little, and the Danes could not occupy the dominance of the new government, at most, hostility, and could not reach the point where war was triggered.

However, the German Federal Empire felt the threat of Prussia, but it was useless. The Russians were unable to obtain their support and finally chose neutrality.

Needless to say, the remaining countries are Swiss neutral, which is known as an eternal neutral country, without public relations, and the remaining countries are all supporters of Prussia.

I almost forgot that the Principality of Montenegro and Greece also supported the Russians. The former has always been supported by the Russians, while the latter is just to hold on to the top.

Prussia is thousands of miles away, so it doesn’t matter if it offends. The Russians are so close that the Greeks can’t afford to offend.

From the perspective of supporting countries, the Russians are not only at a disadvantage in quantity, but also incomparable in weight.

In order to prevent the Russians from losing too badly, Wesenberg had to bite the bullet and propose to reduce the number of negotiators.

Except for the mediation of Britain, France and the Olympics, only the participating countries attended the meeting, and the remaining representatives of the countries became audiences.

Fortunately, Russian representative Clarence Ivanov was smart enough to dispel the four Central Asian countries and the Eastern Empire and signed a truce treaty.

The Russians' power is still there. After meeting their own interests, these countries decisively chose to remain silent. As for the Prussian allies, sorry, they have never formed an alliance, so naturally there is no obligation to ally.

Seeing that the momentum was wrong, the Ottoman Empire also retreated. The Russians gave up the territory they had claimed in the Caucasus region in the last war and retreated a little, and the two countries ended the war. (Note: Georgia region today)

By July, only Prussia and Poland were left. Compared with the concessions in other regions, the attitude of the Tsarist government in Eastern Europe was completely different.

First of all, the Tsarist government did not recognize the definition of the Polish region, and it was the limit to hand over Lithuania and parts of Belarus.

However, the Prussians wanted Lithuania to extend to Latvia and did not make any demands on Estonia, because it was too close to St. Petersburg, and the Berlin government was also afraid of irritating the Russians.

The Belarus region naturally wants to get everything. Prussia and Poland have agreed that they will divide this region together.

The Polish representative also had a territorial requirement for the Ukrainian region, mainly that Warren State extended to the Kiev region. Without parts of Lviv, the Lower Western Ukraine was the territory of Austria in this era.

All that is to be cedeed is a rich place, which is obviously not acceptable to the Tsarist government.

If they agree, it means that the Russian Empire will lose 860,000 square kilometers of land, more than 21 million people, and 30% of industry.

At the same time, the Russian Empire will lose its population advantage over Austria. After all, Central Asia has become independent, and both the Far East and the Caucasus have paid the price.

With less land, the population will naturally decrease. Fortunately, these areas are vast and sparsely populated. Except for the population of Central Asia, which is 50 million and 6 million, the other two places have only 1.8 million.

Eastern Europe is different, it is the core area of ​​the Russian Empire. Any territory is precious, so the Tsarist government will naturally not stop easily.

The meeting was once again at a deadlock, and representatives from Britain, France and the Austrians held a secret meeting. There was nothing to be embarrassed about, and the weakening of the Russians was something the three countries were happy to see.

After all, the Russian Empire is too huge. Once industrialization is completed, everyone's interests will be lost.

At the same time, France and Austria did not want to see the Prussian Kingdom grow bigger. The attitudes of Britain and France were exactly the opposite. They believed that Prussia caused trouble to France and Austria.

The French wanted to support Poland, while Austria took the opposite attitude.

How can you tolerate others when you lie beside the bed?

In order to curb Poland's rise, Austria did not hesitate to support Prussia in obtaining the Lithuanian region and blocked the Poles' estuaries.

This is also creating conflicts. The problem of the seaport cannot be solved, and the relationship between Pubo will sooner or later break down.

Of course, they can also change the land. Obviously this is even more impossible. The Poles can't just switch out the Warsaw area in order to get out of the sea, right?

The Kingdom of Prussia was not fortunate to fight hard, and the last benefit was not obtained. Expansion was inevitable, and expansion into the Lithuanian region became their only choice.

The contradiction between Britain, France and the Austrian countries has made the negotiations more complicated.

In summer, the smell of gunpowder in Eastern Europe became richer again. If the negotiations were still not reached, the war would continue to break out.

Don’t look at the Prussians on the battlefield, but they have no money! Once the war continues to break out, the British will be the ones who pay for the money in the end.

The London government is not a sucker, they always calculate the cost. Now the goal of suppressing Russia has been completed. If they continue to kill Russia, they will not get much benefit.

Don’t think that Russia and Austria are allies, and when they are weak, they are also dangerous. If the Prussians are lucky and win another battle, the Tsarist government will collapse directly, who knows whether Austria will take the lead?

The shrewd British will not do anything to make their own money and effort and let their competitors get cheap.

Moreover, they have already lent a lot of money to Prussia and Poland, and their debts are increasing, and the possibility of turning into bad debts in the future is also increasing.

To end this war, we must first reach an agreement between Britain, France and Austria, otherwise we will stab each other and stir up fire, and a bad war will be ignited again.

For the sake of the pound, Reslin must also convince France and Austria to join forces to put pressure on them to end the war.

Not only the British have this concern, but France and Austria are also worried. Everyone is creditor, but Britain and France mainly borrow money from Puppet, while Austria lends money to Russia.

Currently, the British have borrowed the most, with a total amount of 320 million pounds; Austria is closely behind, with a total debt of 240 million pounds; French have the least, which is also 120 million pounds.

Regardless of whether we admit it or not, this war is actually a capital game. There is no doubt that the mastermind behind the scenes are winners, and everyone will be working together to trade.

Even if all these debts die, everyone can still recover the cost from other places. Of course, no one is willing to do this.

Why do loans that can be recovered turn into dead debts?

Don’t look at everyone’s collateral. If something happens, these collaterals may not be able to be cashed out.

Take Poland as an example. If the Polish government is over, who will Britain and France ask for money?

In contrast, Austria has an advantage. It is close and if it really doesn't work, it can still be cut back and make up for the losses.

The French can also pay attention to the Rhineland region. Anyway, they pay back the debt, which is also a reasonable excuse.

The British are in trouble. Even if others dare to cede land, the problem is whether they dare?

For various taxes, minerals, and road rights mortgages, the prerequisites for cashing out, it is necessary to ensure the stability of the regime of the debtor country.

This means that after the war, they will continue to lend money to the two countries of Pubo. Otherwise, these two poor governments would either declare bankruptcy or fail to pay or collapse due to the financial crisis.

Of course, the risk is proportional to profit. In this war, the British made a lot of money.

Not only did he gain the position of world overlord, he also had a few more brothers to ensure India's security and complete the strategic layout of the Eurasian continent.
Chapter completed!
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