Chapter 294: Compromise

Compromising with the Republican Party is actually a trivial matter.

Although it was the internal laws of the economy that triggered the Great Depression, in the eyes of the people, the root cause was the Republican Party, the result of the "liberal economy" pursued by the Republican Party. The New Deal introduced by Lofos saved the economy and benefited most of Newland's citizens.

According to public opinion, Lofos is not only the savior of the Newland Federation, but also the savior of the entire Western world.

This is also the political capital of Lofus' third candidacy.

No matter how Republican lawmakers criticize Lofos for running in the third election and talk about Lofos's private life, in the eyes of voters, Lofos is a competent president, and centrist voters are still willing to vote for the president who has given them a good life.

Moreover, the current international situation also requires the federal authorities to maintain stability.

Even the media outlets that speak for the Republican Party admit that unless something majeures happens, Lofos will surely win the election for the third time.

All the Republicans need is a few seats in the federal government, or a say in federal affairs.

That's what Lofos gave.

Three months ago, Rox, the representative of the hawkish Republican Party, was appointed Secretary of the Navy, which was the result of a political compromise with the Republican Party.

In addition, Lofos also privately pledged that after entering the war, at the request of the Republicans, Vice Admiral Short, commander of the Guia Army, and Admiral Kimmel, commander of the Guia Fleet, would be removed from their posts, and the former would be replaced by Mack and the latter by Nitz, the former of whom was a Republican.

To put it bluntly, the Republican Party was bought off with a few key positions.

The real trouble is on the consortium's side.

Although at the beginning of the year, Lofos persuaded the consortium to pass the "aid bill" in the third congressional vote, but for the Nuland Federation to become the "spiritual leader of the Western world" from a "munitions factory in the Western world", more than aid is needed.

In Lofus's words: a spirit of sacrifice inspired by lofty ideals is needed.

It is not only the Nuland people who need to be sacrificed, but also the consortium that controls the lifeblood of the Newland Federation.

The soldiers fought bloody battles on the battlefield, did they let the consortium make a war windfall in the rear?

According to Lofos, the consortium must compromise with the federal authorities, at least for the duration of the war, and be unconditionally cooperable and subordinate to the federal authorities.

Will the consortium agree?

Over the past few months, Lofos' number one job has been to negotiate with the major consortia, or bargain.

In fact, in the past month or so that he has been in Shangri-La, Lofos has had secret talks with representatives of certain consortiums almost every day.

Where is to escape the summer, it is even harder than staying in the Gray House to deal with government affairs.

In the final analysis, it is the interests that dictate.

Lofus's attitude is very clear, if he is only helping the Bran Kingdom against the Empire, then it doesn't matter whether he wants to mobilize or not.

With the size of the Newland Federation, it can crush the Manman Empire in normal times.

But the problem is that in order to defeat the Liangxia Empire, it is necessary not only to mobilize, but also to complete the full mobilization as quickly as possible.

The consortium must budge.

To put it simply, the lifeblood of the Nuland Federation must be handed over to the federal government, and the federal government will deploy it uniformly to maximize the war potential.

In Lofus's words: The Liangxia Empire is an epic monster, and the Newland Federation may not be able to win even if it tries its best.

If there is a reservation, to go to war is to lose!

The consortium was at the disposal of the federal authorities and was itself within the scope of all-out war mobilization, i.e., financial activities were subject to wartime control.

The reason is simple and easy to understand, and it is impossible for those guys in the consortium not to understand.

It's just that it is obviously not easy to get the consortium to hand over the authority in its hands.

After several months of repeated discussions, a lot of results have been achieved.

However, it is not Lofos's resolute attitude that forces the consortium to give in, but the situation that is deteriorating every day.

Time is running out for the Nuland Federation!

It is not only the consortium that cannot afford to drag on, but also Lofus.

In the last confidential consultation, which took place three days ago, Lofos reached an agreement with representatives of the consortium.

The consortium renounced all financial institutions except the Federal Reserve Bank and pledged to unconditionally obey the command of the federal government during the war, to support the federal government by means including but not limited to the issuance of currency, and to assist the federal government in implementing its wartime financial policies.

Lofos pledged not to use wartime privileges to take ownership of the Federal Reserve Bank.

With this secret agreement, the federal government gave up the right to mint money.

To say, "coinage" is the last issue.

Until then, Lofos had been trying to nationalize the Federal Reserve Bank, that is, to seize the coinage rights in the hands of private bankers.

The consortium gave up almost all of its properties, but it was never willing to give up the right to mint.

Among them, there is a great relationship, and both sides know it in their hearts.

Regardless of the fact that the consortium is flourishing, directly and indirectly controlling thousands of enterprises, and mainly heavy industries such as steel, ships and munitions, it is equivalent to controlling the national lifeblood of the Nuland Federation, but fundamentally speaking, the foundation of the consortium is a series of hundreds of banks connected by the Federal Reserve Bank.

In this, the coinage right is the core of the core, and it can be said that with the coinage right there is everything.

Of course, it was the coinage that brought these banks together and created this money monster that could override the Federation.

The key is that this money monster has no national attributes, so it will not put national interests first.

For them, the state is nothing more than a tool for obtaining and protecting their interests.

Living in the Gray Palace, from the beginning of the implementation of the New Deal, Lofos has been competing with the consortium for the right to mint coinage.

Of course, Lofus's struggle for coinage was not just about a New Deal, but about fundamentally eradicating the conglomerates and establishing an unprecedented federal government.

To put it simply, it is to increase the degree of centralization.

It can be seen that the dispute over the right to mint money is itself a life-and-death struggle between the federal government and the private consortium, so even in wartime, the consortium will not compromise.

As mentioned earlier, the consortium does not have the concept of a state.

Don't forget, these consortia of the Newland Federation are from the Western Continent, and the most representative of them is the "Rose Child" family from the Bran Kingdom.

I was able to abandon the Kingdom of Bran and come to the Newland Federation, but now why can't I abandon the Newland Federation and go to another country?

If they really tear their faces, these guys will never show mercy when they turn their guns against the Newland Federation.

During the Great Depression, in order to protect their own interests, these families did not remember the old feelings when they plundered old empires such as the Kingdom of Bran.

Lofos also made concessions after recognizing this.

This secret agreement is actually a compromise made by Lofus.

During the war, the consortium pledged to make the minting rights work for the war effort, and Lofos acknowledged the results of the privatization of the minting rights in disguise.

At that time, Lofos mentioned to Hale that the hidden danger planted by the compromise was a time bomb, which would blow up the Nuland Federation to pieces.

It is a compromise that has led to today's meeting.

Since the main issues have already been agreed upon, the convening of the meeting is only to give a clear conclusion, so there is nothing to talk about.

To say, it is to re-emphasize the importance of entering the war as soon as possible, and to clarify several main time points and the main tasks of each side.

Even then, it's a nuisance.