Chapter 162: Romania's Material Reserves

A guard walked into Eder's office and spoke to the Crown Prince, who was buried in his work. "Your Highness, Your Excellency the Prime Minister has arrived."

When Edel heard the guard's words, he raised his head and twisted his somewhat sore neck. "Ask him to come in."

Looking at the departing guards, Edel glanced at the documents he had just picked up. There is a price index of raw materials that Romania needs to purchase in recent years, and with the increasing tension in Europe in recent years, the prices of various raw materials have been more or less affected.

Take the rubber imported from Romania as an example, this kind of tree species that has been transmitted to the world from the tropical rainforests of Brazil is now its main production area in Southeast Asia, and its sap is the rubber that is widely used in industry. The price of rubber has now risen from a minimum of two shillings and eighteen pence three years ago to six shillings and three pence now. This is due to the impact of increased industrial demand, as well as the current tensions in Europe.

"Your Highness, you look for me."

Prime Minister Brettianu walked in and asked before he could catch his breath. At present, the Prime Minister's Office still has a lot of things to deal with, especially the personnel arrangements in the newly occupied areas, which are related to whether the territory seized by Romania can be quickly stabilized.

"What about our new territory now?"

Eder asked a routine question after seeing Prime Minister Brettianu.

"Now the Bulgarian government is agitating the local people to move to their newly acquired territories." Prime Minister Bretianu answered Eder's question, but he still didn't feel comfortable asking. "Your Highness, are we just going to let them encourage the people to leave?"

"Yes, at least this will reduce the instability factor, and without these people who are nostalgic for their homeland, then the remaining local population will at least be able to keep to themselves."

In the face of Crown Prince Eder's answer, Prime Minister Bretianu still felt a little at a loss. Because now the Balkan countries are expelling each other's people, especially in Macedonia and Thrace. The Bulgarian government drove about 200,000 Turks to its territory, and more than 100,000 Greeks were driven back to Greece. However, the Greek government was not ambiguous, and about 90,000 Bulgarians were also driven to Bulgarian territory. Now several countries that carved up the Ottoman Empire in Europe are doing the same thing, driving out peoples who are not part of their own countries to their respective countries.

The expulsion resulted in the forced change of nationality of nearly a million people, with the Ottomans receiving the largest amount, with about half a million nationals being driven from Macedonia and Thrace to Ottoman territory. Faced with the sudden arrival of a large number of their own people, they were successively resettled by the Ottoman government to live in various parts of Asia Minor.

At present, the expulsees in various countries only allow the expelled people to carry their own clothes, money, precious metals and other easy-to-carry items, as for their houses, farmland, and other items that cannot be carried, they are directly expropriated and disposed of, and for a time the expelled people in various countries can only give up their hard-earned family property and flee to their respective motherland.

The more than 100,000 Romanians living in Macedonia were not driven out, probably because Bulgaria was afraid of Romanian strength. However, Prime Minister Bretianu has sent people to encourage these local nationals to return to Romania, and according to the Prime Minister's own estimates, fifty or sixty thousand people may be able to be mobilized into Romania.

"I'm looking for you this time to find out, how much money do we have?"

When Prime Minister Brettianu heard that the crown prince wanted to know about the government's finances, he secretly raised his vigilance, fearing that the crown prince would attack the government's finances again. However, the financial situation, Eder can also find out from the Minister of Finance, he only informed the crown prince of the government's financial situation, but he still made a foreshadowing.

"Due to the high cost of the war, our Romanian government now has only 20 million lei of emergency funds to use, and now we have to face the situation at home, and we need to wait until October when the grain tax revenue comes up to improve the financial situation."

"Is there any other way for us?"

In the face of the Prime Minister's words, Eder also knew, but in the past two years, Romania's fiscal revenue has been rising, and there are not a few banks willing to lend money to Romania.

Hearing the crown prince's undisguised inquiry, Prime Minister Brettianu had no choice but to say truthfully. "If we need to borrow foreign debt now, there are several banks that are willing to lend to us. In the short term we will be able to borrow about 100 million lei, and if we are willing to pay a little higher interest, then we will be able to borrow 200 million lei, but this will require a tax collateral. ”

After hearing the words of Prime Minister Brettianu, Eder combined with the 110 million lei of the royal family's own funds, could fully reserve the reserves of raw materials urgently needed by Romanian industry for two to three years. He calculated after excluding the coal and iron ore, because both of them could be imported from the surrounding Austria-Hungary, Russia, and the Ottomans, and did not affect him too much.

Thinking that 8 years ago, he could only tie himself to Germany for the sake of 300 million lei of industrial start-up funds and the reorganization of the army, and now Romania can borrow 200 million lei of funds casually, Eder sighed.

"Then let's borrow foreign debt according to the funds of 200 million."

Prime Minister Bretianu was taken aback to hear that Crown Prince Eder was going to borrow 200 million in foreign debt, and in his image His Royal Highness the Crown Prince had only borrowed so much money eight years ago to finance the start-up of Romania's industrialization. Fortunately, Romania took advantage of its own advantages to develop vigorously, and the reorganization of the army was completed, so it was only during the two years that Romania was in power that it was relieved. Now that he has to borrow foreign debts again, what does His Royal Highness the Crown Prince want to do?

Looking at Prime Minister Brettianu with a question mark on his face, Eder had no choice but to tell him his intentions. After all, without government support, Romania's raw material reserves could not be made.

"Your Excellency Prime Minister, the situation in Europe is becoming more and more tense right now. We now have to go through the Ottoman Strait for most of our imports, and I am afraid that the situation will change like the Balkan wars, and we will stop our imports. You must know that when the time comes, it will not be as simple as a few small countries in the Balkans fighting a war, it is estimated that it will be a war in Europe. ”

Hearing the crown prince's apprehension, Prime Minister Bretianu also thought of the scene at that time, when he was working hard to transport Romanian export goods by land, but whether the 200 million lei was too much to prepare raw materials. You must know that the raw materials that countries need to reserve themselves are at most half a year, and the funds of 200 million lei are almost enough for Romania to reserve raw materials for a year, and he does not know that Crown Prince Eder does not plan to reserve coal and iron ore due to lack of funds, otherwise he will be even more surprised.

"Is there too much money, according to the amount of borrowing is enough for us for a year?"

"When the time comes, the war will be together, and none of us knows how long it will be fought, and it is not a bad thing for the reserves at all."

Eder could not tell the prime minister that this war would take more than 4 years, and now it is generally believed in Europe that the war between the Allies and the Entente broke out, and it is estimated that it will be fought for about 6 months to a year, and no one thought that due to the progress of science and technology, the war will be extended.

In the face of the crown prince's rhetoric, the prime minister is not easy to say, after all, no one can say how long the fight will take.

"Okay then, I'll let the government start stockpiling the raw materials we desperately need."

"No, I'm ready here."

Edel finished pulling out a list from the drawer, which he had made privately with the Minister of Industry, Karaturi. Now that the nephew of the former Prime Minister Sturrell has completely hugged Eder's thigh, it is of course a piece of cake for him to prepare the reserves of industrial raw materials in advance.

Prime Minister Bretianu received the list, which indicated that Romania needs to import various raw materials, such as copper ore, manganese ore, nitrate ore, rubber, etc., are indispensable to Romanian industry, most of which are three to four years of storage, but in this list Prime Minister Bretianu found that there are no reserves of coal and iron ore. It was these that he calculated at the beginning, and the raw materials on this list also needed 250 million to 300 million lei, and the government borrowing 200 million lei was not enough.

Seeing the Prime Minister's puzzled expression, Eder explained his own solution. "The royal family can buy the 100 million lei foreign debt issued by the government to help the government buy these raw materials."

After hearing the crown prince's words, Prime Minister Bretianu still asked with some concern. "Can we use up all of this if we buy so much?"

"You can do what you are told, and we can continue to use it after the war is over, even if we can't use it up."

Seeing that the crown prince decided everything strongly, Prime Minister Brettianu secretly resisted his unhappiness and nodded and spoke. "Okay, I'll arrange for the government department to start procurement."

In the ensuing period, Romania borrowed heavily from banks and then bought all the industrial raw materials it needed. Countries do not understand why the Romanian government is doing this, thanks to Romania's large purchases, which have made a small increase in various raw materials.