Make France Great Again

Facing banks that fell one after another like dominoes, James Buchanan, then the 15th President of the United States of America, also couldn't sit still.

As the president, he never imagined that just 8 months after he took over the presidency, food prices and stocks fell, banks and factories went bankrupt in the United States of America.

The bad news one after another is like a bolt from the blue to him, the latest president. He originally wanted to serve for eight years, but now he no longer expects extravagantly. He only hopes that the government can transition smoothly during his term of office. So that he will not be infamous after the end of his term.

However, given the current economic situation, the chances of James Cannan not being infamous are extremely low.

In order to save the declining economy, James Buchanan sent people to the British embassy overnight regardless of his old body (Buchanan is already 66 years old). Now he pins his hope of saving the economy on the aid of Britain.

As a result, the British ambassador who was sleeping was directly awakened by the envoy sent by James Buchanan.

After the envoy explained his purpose, the British ambassador to the United States of America reluctantly followed Ambassador James Buchanan to the White House.

After arriving at the White House, the British ambassador who met with President James Buchanan bowed to James Buchanan in an unassuming manner, and then said: "Mr. President, I don't know if you called me late at night. Is there some urgent time? "

James Buchanan immediately begged the Kingdom of Britain to help the United States. If the economy of the United States of America continues like this, sooner or later it will face the risk of overall collapse.

Regarding James Buchanan's request, the British ambassador modestly stated that he was just an ordinary ambassador and had no other rights.

If the United States of America wants to borrow money, it should communicate with the British bank in Washington. As long as the bank agrees to the loan request of the United States of America, the United States of America can borrow the amount they want.

Facing the British ambassador's well-regulated response, James Buchanan showed a wry smile at the corner of his mouth.

If it is really possible to borrow money at the commercial level, then why did Buchanan invite the British ambassador here to have a conversation.

"Mr. Ambassador, a lot of things have happened in the United States of America recently, which has caused some banks and factories to go bankrupt!" James Buchanan tried his best to minimize the harm caused now, and then maximized the harm in the future Liao said: "If the world is not rescued in time, more banks and companies will go bankrupt in the United States of America.

At that time, it is bound to involve the Kingdom of Britain. "

After listening to the British ambassador, he responded indifferently: "Your Excellency, even if the economy of the United States of America may affect the British Kingdom, that is a matter of the future!

Now all I see is the factories and banks in the United States of America falling one by one, and they are falling far faster than they were built!

Even if I am willing to bridge the gap for you, but under such circumstances, which bank is willing to lend you money! "

"We can issue national debt!" James Buchanan proposed a solution. He wanted to raise part of the money by issuing national debt, and then put this part of the money into the market of the United States of America.

At this time, James Buchanan believed that as long as they could contain the economic downturn, the market in the United States of America would be able to regain confidence.

At that time, there will be a large-scale influx of overseas investment.

Of course, this is just James Buchanan's wishful thinking. The economic crisis cannot be solved so easily.

Even Roosevelt's New Deal, which later generations used work-for-relief, was nothing more than a delay in the economic crisis.

"Your Excellency, issuing national debt is indeed a good idea!" The British ambassador first nodded and admitted, and then continued, "However, are you sure that your proposal will be accepted by the Senate?

Would those members of the Senate...especially those in the South really agree? "

James Buchanan's expression froze, and his eyes dimmed.

The British ambassador is right that his proposal to issue national debt looks very good, but those southern MPs will never agree with their policy.

James Buchanan's policies amounted to borrowing money from the South to meet the needs of industrial capitalists in the North.

Because the biggest loan object of the bank is not the slave owner, but the factory owner.

Although the profits from land output are stable, they are far less than the profits of factories. Most banks like to lend money to factories.

What's more, some time ago, there was also a crisis caused by the drop in food prices in the southern region. At that time, some people also proposed to subsidize the injured slave owners in the south, but they were still rejected by the northern congressmen.

Now that Feng Shui has taken turns, it is still reasonable for the southern councilors to veto the proposals of the northern councilors.

"Mr. Ambassador, thank you for coming here!" James Buchanan said to the British Ambassador in a slightly disappointed tone.

The British ambassador bowed to James Buchanan and responded: "Your Excellency, it's nothing!

I also hope that the crisis in your country can be resolved as soon as possible. As you just said, this crisis is not only a crisis for the United States of America, but also a crisis for the Kingdom of Britain and even the whole of Europe! "

After the British ambassador left, James Buchanan paced back and forth several times.

After careful consideration, James Buchanan still wanted to try issuing national debt.

Immediately afterwards, James Buchanan called the Minister of Finance to ask the Minister of Finance about many matters concerning the issuance of treasury bonds.

The Secretary of the Treasury told James Buchanan that the Treasury Department could not issue Treasury bonds without the authorization of both houses.

"Are we going to watch the economy of the United States go into decline step by step?" James Buchanan said to the Secretary of the Treasury with a hint of sadness.

"Your Excellency, it's a pity! There is nothing we can do!" The Secretary of the Treasury also sighed and responded to James Buchanan.

"I see!" James Buchanan waved his hands in despair, "Thank you for making a trip!"

Among the 63 banks in New York City, another 62 banks announced the suspension of the system, and they raised the discount rate to a daunting 65%.

Such a discount rate is no different from bankruptcy.

Almost every day you can see impoverished gentlemen jumping from tall buildings.

The economic downturn has caused the residents of the United States of America to become increasingly dissatisfied with the James Buchanan government. While the government's prestige began to decline, the conflict between the North and the South became increasingly irreconcilable.

Members from the north in the parliament accused the southern members of causing the economic crisis, and the reason they gave was that because the southern members had always voted against raising tariffs, this led to the unstoppable flow of goods from the British Kingdom access to the market of the United States of America, thereby triggering this economic crisis.

The members of the south, facing the accusations of the members of the north, naturally would not admit that it was their own fault. They also blamed the members of the north, because of their unrestrained production, which led to the economic crisis. The goods of the Kingdom of Britain entered The market in the United States of America is nothing more than a fuse.

At the same time that the members of the North and the South were confronting each other in the parliament, the newspapers of the slave state and the free state also began to smear each other.

Free states angrily accuse slave states of engaging in feudalism in the United States~www.readwn.com~ Slave states angrily accuse free states of careless management of human life.

The newspapers of the two factions showed each other's black faces in every way, and many originally neutral people also began to become radical under the influence of the newspapers.

So some abolitionists, who were a little bit ideological, got into action.

Abolitionists, represented by John Brown, began planning uprisings aimed at liberating slaves in slave states.

After he told the rebellion plan to those who had a grudge against the securities of the slave-holding states and those who deliberately provoked conflicts between the North and the South, he immediately received generous relief from them, the biggest one being a man from France. Abolitionists.

Relying on him alone, he provided John Brown with $50,000 in funds and nearly a hundred guns.

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