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Chapter 73, a new height of painting the pie

After leaving Versailles, Alessandrovic no longer had the interest in visiting. Obviously, this trip to Paris was not going well.

Napoleon III's releasing goodwill to Russia was just for the sake of simple political needs and demonstrating to European countries, which did not mean that France really wanted to win over Russia.

Without the humiliation of the Frankfurt Treaty, the arrogant Frenchman looked down on Russia, the down-and-out barbarian.

Especially after the alliance between Britain, France and the Austrians, the pressure on French diplomacy no longer exists, and the world can no longer find an enemy that they can take seriously, at least on the surface.

Before Alessandrovic visited Paris, the St. Petersburg government still had high hopes, trying to take advantage of the French's opportunities to win over Russia and obtain financial assistance.

The reality is very cruel, and the money from the usury empire is not easy to get. Bankers are smart, especially the Tsarist government that has lost its credibility.

Even the 500 million franc loan promised in advance has now had problems, and the French asked them to use gold and silver as collateral.

Don't think it's strange. Alexander II is also carrying out monetary reforms, but the pace has taken is very small. Now the French are paying attention to their reserves.

Since the reform of Alexander II, the development of industry, the construction of railways and agricultural reform have become the three major strategies of the government.

Although the plan is good, it requires financial support. Due to the war, the Russian Empire's gold and silver flowed out in large quantities, resulting in a serious shortage of own capital.

The Tsarist government came up with a solution to absorb foreign capital. Unfortunately, European banks refused to provide loans to them, and even invested very cautiously.

The reform of Alexander II was better than in history. There was a ready-made example next door to learn. You can find ways to find other problems, but you can't learn it by raising money.

Austria has developed to this point, and has issued bonds several times in the middle, raising hundreds of millions of Aegis. Until now, the Vienna government has to repay tens of millions of Aegis debts every year.

Because of credibility, the Tsarist government could not borrow money at all. Even if it was to get the right of road, tax mortgage would have no effect. The Tsarist government said it would be dependent on the debt.

Forced by the debt crisis, Alexander II had to announce a debt default, and now the sequelae broke out.

It is not that Alexander II's decision was wrong. If he did not make up for his debts, the finances would be crushed by foreign debts, and the situation would only be worse.

To put it bluntly, even if they are not bad, they can't borrow much money. Bankers are too smart and will not lend money to masters who have no ability to repay.

The French borrowed money from the original time and space, and the Russians were forced to do so. The national defense pressure was too great, and allies must be won over to share the pressure.

After entering the late 19th century, France suddenly lost its team in its comprehensive national strength, which was due to this. The government borrowed a lot of money, so the funds for domestic development were less.

Now, there is no need to consider it. The French will definitely not support them. Even if they are loaned out, the French will only lend money to those who have the ability to repay.

For example, Austria now owes the French a lot of debts. It is both a local development and a colony. The financial income of the Vienna government alone is definitely not enough.

Austria's private capital accumulation is not rich enough, so Franz naturally borrows foreign debts under this background. Of course, it is not just an international loan, and most of the debts exist in the form of bonds.

Most of the bonds here raise money in the name of projects, and not all debts belong to the Vienna government.

It was similar to the Americans who borrowed money to build railways, mortgaged the railways to British banks, and used the borrowed money to build railways.

If the railway company goes bankrupt when encountering an economic crisis, the British bank will be trapped.

The same is true for many projects in Austria. They owe a large amount of debt to banks and issue a bunch of bonds to the public, and the government invested only startup funds.

Anyway, these projects are standard commercial operations. In case of an accident, the worst thing is that a company goes bankrupt.

Economic closer is also an important factor in the alliance between Britain, France and Austria. From the perspective of globalization, as long as there is an economic crisis in Britain and France, Austria will be implicated, and vice versa.

It is actually very simple to get rid of this situation, just one word - wait. After the domestic private capital has been accumulated, there is no need to borrow money outside.

Everyone also gets the needs. One party has overcapacity and urgently needs to export, and the other party needs a lack of funds to develop, so the two parties are just in time to cooperate.

This is how the original time and space Americans developed. Without the world war, they would not have turned around so quickly, turning from debtor countries to creditor countries.

Of course, debtor countries and creditor countries are not in the absolute sense. Domestic enterprises and foreign banks have also gone global to develop, and are also issuing loans to the outside world.

Even if the Russian Empire lacks capital, banks are also exporting capital to overseas. This is normal economic activity, mainly for profit.

After figuring out the French's position, Alessandrovic did not continue to tangle. After visiting France's industry, he took a boat to London.

This time he relaxed, and the Tsarist government had no fantasy of getting loans from the British. This would not have happened unless the British bankers had their brains.

You can't expect the London government to help guarantee it, right? Both sides are enemies. Even if the Russian Empire declined and ranks low among British competitors, the hatred accumulated in the early stage is not so easy to resolve.

Moreover, Prussia and Poland are both British brothers, so they cannot do this even if they are to prevent their subordinates from being upset.

...

The Russians' diplomatic actions attracted the attention of the Kingdom of Prussia. Even without Bismarck, William I still controlled the Kingdom of Prussia.

After a series of political struggles, the Junker nobles who were united in a short period of time due to the war have now been broken into pieces.

For example: Industrial Junker, Financial Junker, Battle Junker, Court Junker, House Junker and Country Junker.

The subordinates were no longer monolithic, and the king's rights were naturally consolidated. The politics of the Prussian Kingdom began to return to normalization, and the military was still very powerful, but it was no longer a monopoly.

A new balance of power was formed within, and William I turned his attention to the European continent. As an enemy, he knew everything about the Russians.

William I naturally could not agree to the Russians' desire to get rid of the isolated situation through diplomatic activities.

In the Berlin Palace, senior military and political leaders of the Kingdom of Prussia gathered together to see how business undermined the Russians' diplomatic action.

"The Russian crown prince's trip to Europe was invited by the French. There must be a transaction of interest between France and Russia, but the possibility of an alliance between the two countries is not high.

Britain, France and the Austrians have formed an alliance, and at this time the French have no basis for alliance with the Russians. The French should be raising their own value and want to gain a stronger voice in the Three Kingdoms Alliance.

What the Russians lack most now is money, and the French have a lot of capital. Alessandrovic's main purpose in visiting France should be to borrow money.

From an economic perspective, the credibility of the Tsarist government has been completely lost, and no banker will lent money to them stupidly.

The only hope of the Russians is the usual exchange of political interests…”

Listening to the boastful talk of Foreign Minister McKate, William I frowned. Not only the Russians were short of money, but Prussia was also short of money now.

The financial situation of the Berlin government is even worse than that of the Tsarist government. At least the Russians have no need to repay their debts, but Prussia has to bear heavy debts.

In recent years, the number of people in the Kingdom of Prussia has been increasing to make a living in Austria, a large part of the reason is that the tax burden is too heavy.

In order to repay the debt, the Berlin government had to increase the burden on the people in the country. The people who could not bear it ran away.

William I dared not stop him. Most of the people who ran away were dilapidated and lost their livelihoods in the country. Staying there was a hidden danger.

If we hadn't immigrated nearby, Prussia would have been full of smoke. Winning the Russian Empire brought only glory. The newly expanded land could not be converted into wealth in a short period of time and was still in the stage of investment.

The people have not gained practical benefits, and they can't deceive their stomachs just by being a big country.

Of course, spiritual gains are still very useful. Even if everyone has a difficult life, the people still have a high level of support for the government.

Even if I can't make it, I just immigrated and did not go to the revolution.

This aspect is somewhat similar to Japan, but Japan has no flood discharge window, and if you are hungry, you will still cause trouble, such as robbing rice.

William I interrupted: "What is the plan of the Ministry of Foreign Affairs? Whatever the Russians have, all we need to do now is to destroy it."

There is no need for any reason, and what the enemy wants to do will make them fail to do the right thing.

They could not get involved in the internal reforms of the Tsarist government, but Prussia could make trouble in international diplomatic activities.

William I had no confidence in comparing diplomatic methods with other countries, but he was still confident in comparing with the Russians.

After pausing for a few seconds, Foreign Minister McKate replied: "Your Majesty, it is unlikely that the Russians want to obtain funds from the outside world. The biggest political purpose should be to improve diplomatic relations with various countries.

Now that France and Russia are moving closer together, it has also stimulated the Vienna government. To this day, the Russian-Austrian alliance can no longer bring political benefits to Austria, but it is a diplomatic burden.

It has been a few years since the end of the Russian-Austrian alliance. The Ministry of Foreign Affairs plans to amplify the rift between them and prevent Russia and Austria from renewing their contracts."

Destroying the Russian-Austrian alliance is of great significance to the Kingdom of Prussia, which is directly related to the outcome of the next Prussian-Russian War.

Prime Minister Moltke shook his head and said, "This is not enough. The Russian-Austrian alliance is not only a political interest, but also a lot of economic significance.

The current Russian Empire is almost the dumping place of Austria. Austria alone accounts for 63% of Russia's total import and export trade. With such a big benefit, the Vienna government will not let go easily."

Interests are always the best bond, and there is nothing that cannot be compromised in the face of interests. Even if there is a big conflict between Russia and Austria, the two sides still maintain an ally relationship for the sake of interests.

Foreign Minister McKate explained: "Yes, Your Excellency Prime Minister. But we also need to look at a set of data. The total trade volume of Russia and Austria has been declining in recent years.

The Tsarist government is working to get rid of its economic dependence on Austria, and in order to develop domestic industries, the Russians have raised tariffs many times.

If it weren't for the fact that Russian industry was too backward and the products had no market competitiveness, the Austrians would not be able to maintain their current market share.

The large-scale land reclamation campaign promoted by Alexander II has achieved results, and the unsalable sales of Russian agricultural products this year has become a foregone conclusion.

After this trip to Europe by the Russian Crown Prince, it is very likely that the domestic market will be opened to Britain and France in exchange for domestic agricultural products to enter the international market.

After Austria loses its monopoly on the Russian market, it will face the impact of Russian agricultural products on the international food export market, and the relationship between the two countries will definitely be greatly affected.

The more agreements the Russians reached with Britain and France now, the greater the benefits Austria lost. It may not be obvious in a short period of time, but this change will be very obvious in three to five years.

As long as the Austrians see greater interests, it is not impossible to abandon the Russian-Austrian alliance.

For example:

Let them believe that as long as we win the next round of the Prussian-Russian War, they can obtain the Ukrainian region and the Russian Balkans, and cut off the Russians' food export channels."

Everyone's faces changed drastically, and they were obviously frightened by McKate's amazing remarks.

The room suddenly became quiet, leaving only the sound of everyone's breathing and the faint sound of heartbeat.

...
Chapter completed!
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