No matter how rough the methods are, no one without strength can play. Not to mention the early capital investment, just how to hook up with the Russian aristocrats is a difficult problem.

You know, the Russian aristocrats are the most conservative existence in Europe. If a capitalist wants to go to the door for sale, he will probably not even see anyone and will be driven out.

Even if the sales are successful, if you encounter a greedy noble, you may be directly hacked into the bonds and you will not get the last shilling.

Although he was not worried about his competitors, he still did the confidential work, otherwise the Tsarist government would have to wait for Alexander III to pay back the money.

On the surface, this era is the era of gold and silver standard, and the currency seems to have not depreciated. In fact, in Franz's view, as long as the gold and silver production continues to increase, inflation cannot be avoided.

The price stability is also relative, and more than ten years is enough to change many things. In the trend of the Second Industrial Revolution, as long as you invest correctly, a few times the profit will not be easy.

The Industrial Revolution involved too many projects, and Franz could not take over all of them. At this time, venture capital companies could be launched.

Although the concept of "VC" has not been proposed, it has actually always existed. The one who can be familiar with it is Lu Buwei, and Qihuo Keju is a successful venture capitalist.

Spain also funded Columbus' discovery of the new continent, thus opening up the age of sailing and establishing the first empire that never sets.

This is just a successful case, and there are more failure cases. History books have told the world that venture capital is a high-risk investment.

Franz can afford the risk, and in this era, the cost of investing in emerging industries is very low. Basically, it is all about funding technology research and development, and then investing in the construction of factories with results.

Even if the investment fails, as long as you gain relevant patented technology, the business will not be too much of a loss.

Unfortunately, projects are difficult to find. This is the second industrial revolution, and there are not as many projects as in later generations. Moreover, due to inconvenience in communication, it is difficult to achieve effective supervision.

After hesitation, Franz gave up his plan to establish a venture capital company. There has never been a shortage of smart people in the world, and venture capital in this era does not exist, but they are all limited to a small range.

It is completely impossible to invest in hundreds of projects like later generations. The operating costs of the company alone can crush the company.

After all, the real economy is not the Internet, and it is impossible to get rich overnight. Before you can’t see profits, it is difficult to make money by going public.

...

FuFood Securities' actions quickly attracted the attention of those interested. At first, everyone thought that FuFood Securities was deliberately releasing good news, or that there was a turning point in the negotiations between Russia and Austria.

However, in September, the negotiations between the two countries were settled. The Russians will continue to fulfill their debts, but this time was delayed by five years. The originally promised collateral is now only nominal.

For example: the mortgage tariffs, some of the funds in Russia's tariff revenue will be used to repay debts. The specific amount is a bit touching, with a monthly amount of about 200,000 SHIELD.

The total amount of collateral income is no more than 500,000 ASCH, which is less than one-sixth of the actual payment.

The liquidated damages naturally do not exist. The Tsarist government has no money, so it is considered to be a face-saving person to be able to repay the principal and part of the interest.

There is no way, the one who owes debt is the old man. The Vienna government can only calculate as much as possible. After the Tsarist government's finances return to normal, we will pay it back slowly!

There is only so much money in total, so of course we have to give priority to repaying government-guaranteed policy loans. As for private loans, it is very regrettable that we can only consider them in the future.

Not to mention bonds, it is impossible to discuss this issue when they expire. It is impossible to repay them in advance, and the Tsarist government is difficult to speak of.

Since they dared to think about the high interest they gave, they had to make plans to pay their principal. When the Prussian-Russian War broke out, financial experts issued a warning.

Although the Russians did not say that they would not pay it back, everyone was still very clear that these bonds were probably difficult to repay normally.

The finances of the Tsarist government improved, which is a false proposition. As long as the Russian bureaucracy is not purified and the problem of administration is not solved, the finances will never improve.

To eliminate the administration of officials, this is a hundred times more difficult than institutional reform. No matter how rules are formulated, people need to implement them, and this is a loophole.

Killing people to establish authority is a good way. Unfortunately, there is no tradition of killing nobles in Europe, and Alexander II did not have the courage to set an early stage.

Franz has tinkered with the civil service examination system, but it has not been able to solve the problem of corruption. Even bureaucrats from civilian origins are even more ruthless in embezzlement.

But this created conditions for Franz to establish his authority by killing people. If the Anti-Corruption Bureau has something to do, it can often catch a few idiots and kill chickens to warn monkeys, and set up a typical example to shock the bureaucratic group.

After comparing, if you deal with aristocratic bureaucrats, you will not think that the emperor is cruel.

Look at the others who committed crimes, the nobles only took away titles and were in prison, and they were taken care of.

Moreover, this title of title is just a lifelong aristocrat, and the title of hereditary aristocrat will be inherited by the second heir.

The reason is not a crime, but an insult to the glory of the nobles. Yes, European aristocratic culture also has requirements and is still high standards.

It doesn’t matter what you do in secret. Anyone who violates the aristocratic code of conduct will be criticized by everyone on the surface.

After many aristocratic bureaucrats were arrested, they could not stand the pressure of public opinion and directly chose to commit suicide. After the death penalty was gone, the matter would naturally pass.

Perhaps this is ridiculous in later generations. Anyway, I can't die. I have been in prison for a few years and then come out and continue to live a life of a superior person. Why do I need to commit suicide?

But in this era when glory is higher than life, in order to maintain family glory, personal life is second.

Under external pressure, although corruption cannot be eliminated, at least they can restrain themselves. In Austria, few officials dare to do it, such as the Tsarist government, who directly embezzled public funds and openly solicited bribes.

This kind of operation is something that the Russians cannot learn. On the one hand, the aristocrats are too powerful, including Alexander II's reform, which was also a national salvation movement initiated by the aristocratic class.

On the other hand, it is the issue of popularization of knowledge. Compared with European countries, the literacy rate of Russians is generally low. Even if they take civil service exams, there are not many civilian children.

How can we put pressure on the noble bureaucrats if there is not enough number? If there are only a few people, they will probably be suppressed as soon as they entered the officialdom.

Compulsory education has been underway for so many years. Even if only one percent of the people enter university, Austria has 20,000 to 30,000 people enter universities every year. This number can be magnified by more than ten times in middle school.

A large amount of talent reserves is Austria's biggest advantage.

Quantitative change causes qualitative change. Many unknown existences in the original time and space have now become leaders of the times; once famous figures now have the meaning of being lost to everyone.

It turns out that the environment can really change a person. Franz is not superstitious about the celebrity effect, he believes that the effect of the butterfly effect is huge.

Before he could produce results, in his eyes, celebrities in the time and space of the Plain and Space were not much different from ordinary people.

After all, scientific research is full of coincidence. Perhaps after changing one day or another laboratory, the final outcome may change.

Even Austrian scientists who were born a little later might be lost by butterflies. This kind of thing is so common. As long as the original parents have an accident or the time of sexual intercourse changes, the sperm and eggs that are conceived will change.

Even if you have the same name, you have actually changed someone. To do this, just work overtime or have a holiday is enough.

Celebrity development plan is a fallacy from the beginning. Instead of doing these uncertainties, it is better to make a big splash.

As the number of talents increases, the number of geniuses naturally increases. In fact, those who can go to college in this era are the elites among the elites.

If you lack your own ability and want to go to college, you can only pay to listen. If you are late and you finally pass the graduation assessment, you can also get a diploma.

As far as Franz knows, there are currently a bunch of auditors in various universities in Austria. These people are not for graduation certificates, but just want to improve their abilities.

After all, those who can afford to pay are all the rich, and it doesn’t matter whether they have that diploma or not.

Not everyone can afford the tuition fee of tens of thousands of Syrians, which is the price of a villa in Vienna. If it is converted to the 21st century, it will be many millions.

The Ministry of Education intends to increase the number of universities and provide a platform for education for these rich children. After all, these people are all financial supporters, and they can charge high tuition fees and make a lot of money every year.

Franz knew that it would be a matter of time before such universities appeared. It was never difficult for rich people to receive higher education.

If you don’t have it in China, can’t you study abroad? It’s not popular in Austria to study abroad. That’s because the quality of education in China is the world’s top, and it has a lot of connections.

For many capitalists, sending their children to study is to accumulate personal connections and lay the foundation for future development.

Without these benefits, the cost of studying abroad can at least save most of the money. Why do they have to fight against domestic universities?

Taking the University of Vienna as an example, those who have officially admitted to the university will have only more than one thousand tuition fees for several years, and they can also apply for student loans.

The cost of the auditors was directly priced at 80,000. Don’t think it’s expensive. There are only 30 places in total, and it’s completely in short supply. If it doesn’t matter, you can’t get it at all.

This price is not just the price of learning knowledge, but also the added value brought by the network of contacts. As the top university in Austria, it is worth this price.

Austria has more than 40 universities of all sizes, and each university has basically only five or six hundred people admitted each year, and the largest number is only one thousand.

If the university does not expand enrollment, this quota will naturally be very expensive. Unless it is really a big deal, no matter how rich you have, you will have only one quota for attending students.

As far as Franz knows, the children of the nobles who go to college every year through the back door are in single digits, and most of the time they are still not one.

If a child of a great nobleman passes family education and fails to get into college, there are only two situations: either they are not suitable for studying; or they are playboys.

Think about it, the teacher who sets the questions teaches you every day, and you can’t get into college. What else can you say? Not to mention the original questions 100% of them, at least you have done every question type. If you can’t get ashore with such a big advantage, there is really no way.

Since it is a waste, for the sake of face, no one will embarrass these children to be put into college.

It is easy to add a university, but is it really someone who buys it? While entering a university, while accumulating connections, how can parents not have the desire to be successful?

And a school with such people has lowered its grade. In addition to getting a diploma, Franz is very skeptical about how much knowledge can he learn.

The reputation of the auditors is indeed not good, but every year some auditors make counterattacks and finally get their diplomas.

These successful cases are also a factor that trends everyone continues to continue.

To accumulate networks of personal connections, to put it bluntly, it means contacting people who are better than you. If you are surrounded by the same or at a lower level, this kind of relationship will not be that effective.

The level is reduced, and the cost cannot be reduced. Otherwise, the Ministry of Education will eventually need to allocate funds to maintain the operation of the school. Franz might as well use this money to build another university and cultivate talents that are useful to society.

...
Chapter completed!