Make France Great Again

Chapter 935: Rhineland political crisis

Following the outbreak of different degrees of economic crises in the United Kingdom and the United States, the continent of Europe cannot escape the fate of being affected by the economic crisis.

Among them, the Kingdom of Prussia in North Germany was the first to be baptized by the economic crisis. As the country with the highest level of industrialization in the entire German region and the third largest industrial scale in Europe (the top two are Britain and France), the development of the Kingdom of Prussia since 1850 The speed can be said to be a big change every year, let alone compared with the development speed of the old British and French, even compared with the development speed of the United States of America.

The rapid development of the Kingdom of Prussia covered up part of the national and class contradictions, and the well-off Prussian citizens turned their love for politics into the pursuit of property. Not many people still remember what happened in 1851.

[ps: The class contradiction here refers to the contradiction between the Junker landlord class and the industrial bourgeoisie.

In 1851, in order to win the favor of the Russian Empire, the Prince Regent of Prussia ordered the garrison in East Prussia to enter Berlin together with the Home Returning Mission, which in turn caused the tragedy of tens of thousands of people in Berlin.

The bicameral system was abolished, and the Junker nobles regained control of the entire Kingdom of Prussia. 】

Even many newspapers under the control of Juncker openly advocated the three-level meeting. They believed that only under the third-level meeting would the Kingdom of Prussia truly become prosperous and powerful.

However, these Junker newspapers seem to have not noticed at all that the third level of the three-level conference is just like France at the time. They bear more taxes than the first and second levels, but their political interests are greater than those of the first and second levels. less.

The Third Estate managed to gain rights and was completely lost in the turmoil of 1851.

If it weren't for the rapid development of Prussia itself, some middle class and industrial bourgeoisie in the Kingdom of Prussia would have already stood up and rebelled.

However, economic prosperity cannot last forever. The kingdom of Prussia under the barbaric development can still barely suppress the opponents below when the overall economy is prosperous.

Once the Kingdom of Prussia falls into an economic crisis, those undercurrents hidden under the water will completely swallow the Kingdom of Prussia in an instant.

In mid-December, the economic crisis in the Kingdom of Prussia began.

Bonds of the Kingdom of Prussia's railways on the Frankfurt Stock Exchange fell by 10 percent an hour on the first day of the economic crisis.

Many stockholders squatting on the Frankfurt Stock Exchange looked at the numbers on the writing board in horror. Some stockholders holding the railway bonds of the Kingdom of Prussia, like stockholders in the United States of America, frantically poured in to get back their own money.

The Frankfurt Stock Exchange fell into chaos briefly after being hit by stockholders.

The whole chaos lasted less than 20 minutes before it was stopped by the national army who heard the news. The Frankfurt Stock Exchange also took this opportunity to transmit the news of the stock market drop to the Berlin representative office and the Koblenz representative office by telegram. (Located in Rhineland, the capital of Rhineland Province.)

The local stocks in Berlin and Koblenz (mainly related to railways, such as the steel industry and the timber market) also fell crazily along with the fall in Frankfurt. Shareholders and industrial capitalists in Berlin and Koblenz are watching After the stock fell, there was a look of despair on his face at the same time

By the time the Frankfurt Stock Exchange closed, the railway bonds of the Kingdom of Prussia were less than 60% at the opening, which was equivalent to 40% of the assets being directly evaporated.

In the era of free capitalism, the stock market did not have the concept of a limit.

Except for France, no country has established a circuit breaker mechanism like the one in later generations.

Therefore, even if the railway bonds of the Kingdom of Prussia fall to only 10% of the opening price, as long as they are not bankrupt, they can continue to be listed.

If it really gets to 10%, the Prussian railway company is basically completely bankrupt.

Here, by the way, the vast majority of the present railway companies in Prussia belong to companies owned by the Kingdom of Prussia.

The interests of the railway are entirely for the interests of the army, so Mao Qi was able to easily get the railway company to follow his arrangement.

Therefore, the fall of the railway bonds of the Kingdom of Prussia has a more fatal impact on the entire Prussia than the United States of America.

On the first day that the Prussian railway bonds fell, the market gave feedback on the decline. Nearly a hundred companies in the Berlin and Koblenz areas declared bankruptcy, most of which were steel and timber companies.

Many industrial capitalists and bankers began to panic, and people also took promissory notes that had expired or were about to expire to commercial banks, willing to exchange them at a lower price than the promissory notes.

However, the current Prussian business houses also do not have any money in their hands. All their money has been invested in industrial capitalists, and now the business houses only have promissory notes and stocks of industrial capitalists.

Unable to bear the pressure of exchange, many old-fashioned commercial banks took the promissory notes and bonds in their hands and asked the industrial capitalists they invested to exchange them.

At this moment, industrial capitalists also cannot exchange promissory notes because they have no orders.

Neither the company nor the commercial bank could redeem the promissory note, and thus went bankrupt.

Take the well-known Ugbe firm as an example. Before the economic crisis, this firm claimed to have a deposit of 20 million marks, which can be said to have won the hearts of Prussian savings users.

However, such a "strongly funded" firm declared bankruptcy a week after the economic crisis started. With 7 million marks as a note, the old firm had only a pitiful 300,000 marks to maintain their huge debts.

Those poor Prussian savings users and those who held Ugbeer's promissory notes could only choose to swallow the bitter fruit alone.

A week after the economic crisis, the railway bonds of the Kingdom of Prussia have fallen to less than 25% of the peak (the French Empire did not have a large-scale sell-off period), and the textile industry, steel industry, and coal industry have also fallen to 1/2 of the original value. .

The development of the entire Kingdom of Prussia was directly cut off by the economic crisis, and nearly 300,000 workers were sent to society.

To make matters worse, the decline of the Kingdom of Prussia was not yet over.

Dozens of businesses go bankrupt every day, and more workers are directed into society.

Under the guidance of some foreign forces and domestic republicans and national forces, those workers and white-collar workers who had no jobs recalled the tragedy that happened in 1851 again.

Under the organization of constitutionalists, republicans and Catholic forces in Prussia, Koblenz began rounds of demonstrations.

Almost every day, nearly 10,000 people parade, appearing on the streets of Koblenz with various tastes.

After seeing this scene, the police and national army in Koblenz did not expel them as before, but took the behavior of letting them go.

After all, they were also from the Yinlan area, so they didn't dare to kill these villagers who were demonstrating.

Not to mention that there are Catholics among the demonstrators. If they really hit the Catholic demonstrators, then they will face the risk of being "death by cyber violence" in the whole Laiyinland.

The Catholic forces in the Lai Yinlan area have a greater influence on the guilds in the Lai Yinlan area. A large part of the people in the Lai Yinlan area rely on Catholicism from birth to their burial. Will not choose to dig their own grave.

Moreover, the local police and national army in Yinland served those Prussian Protestant bumpkins from the east with deep malice.

The interweaving of various factors caused the entire Reinland to become the first turbulent province in the Kingdom of Prussia.

Seeing this, the garrison stationed in Koblenz immediately sent a telegram to the Prussian Regent William in Berlin. They asked the regent to allow them to enter Koblenz as they did in 1851 and take the people of Koblenz "Cancer" removal.

However, the garrison stationed in Koblenz at this moment did not know that the Prince Regent in Berlin was also in a state of desperation.

The cliff-like decline in Prussian railway bonds not only plunged all walks of life in the Kingdom of Prussia into crisis, but also put the Kingdom of Prussia's finances into a critical situation.

In order to save the endangered Prussian railway, William has continuously invested more than 50 million marks, and these marks are like a stone thrown into the sea, without any movement at all.

Just when William I wanted to continue to invest in Mark to pull the price of railway bonds back, the chancellor told William I that the Kingdom of Britain was selling the national debt of the Kingdom of Prussia in the market.

If the Kingdom of Prussia does not leave some funds for the bottom line, the national debt of the entire Kingdom of Prussia will follow in the footsteps of the Prussian railway bonds~www.readwn.com~ After hearing the news, the regent William immediately yelled, "Those damned British, why did they choose to sell at this time!"

"Your Majesty the Regent, the crisis in the Kingdom of Britain is getting worse!" The Chancellor of the Exchequer responded respectfully to Regent William, "This has led them to sell bonds in the European market as soon as possible to maintain the country's continuously declining economy!"

"Why don't they sell the bonds of the French! They also have a lot of French national debt!" Regent William cursed again.

"Your Majesty, France also holds a large amount of British national debt!" replied the Chancellor to the Regent.

"..." Prince Regent William remained silent.

The tragedy of the Kingdom of Prussia is that they developed too late.

At this moment, Ron, the Minister of War, also brought great news from Koblenz to William I, which raised William I's blood pressure to a higher level.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like