Both the Germans and the British began to think of ways to increase their hole cards. The British, desperately trying to build up their fleet, began to fight to the death, relying on their two advantages, being an international financial center and the pound's status as an international hard currency, to continue to advance debt financing.

As early as October 1901, the British Chancellor of the Exchequer, Sir Beech, warned the Prime Minister of Salisbury's cabinet that if the navy continued to increase, it would lead to a direct financial disaster, but no one listened to him.

And after the end of the Boer War, the British, who had healed their scars and forgotten the pain, simply increased the investment in naval funds, and the British dug a pit by themselves and jumped into it. Historically, when the naval race was heating up, it was Britain, not Germany, that took the lead in hoping that the two countries could stop the shipbuilding race and take a break.

But now that they have just "won" the Boer War, they have obtained South African gold and diamonds, and with a strong family background, the British can still play.

Germany was less worried about funding, and in 1908 the Reich government had a deficit of 500 million marks and a total government debt of 4 billion marks. It seems like a lot, but the annual fiscal deficit is only 1.2% of Germany's GDP of 42.44 billion marks, and the total debt is only equivalent to 9.5%, and the total revenue of the imperial government that year is 1.12 billion marks, accounting for about 3% of GDP.

Looking at Britain on the other hand, in 1908, the fiscal revenue was 152 million pounds, accounting for 7.68% of Britain's GDP of 1.977 billion pounds, of which the navy alone used up 21% of the government's total fiscal revenue.

So as long as Germany works harder, there will still be a lot of oil and water. Given the low level of Germany's fiscal revenues and total national debt as a percentage of GDP, the Germans are not necessarily worse than the British in their ability to finance debt.

However, even if the British did not die, the industrial capacity of the German Empire, which was far stronger than in history, would still allow the empire's naval power to expand rapidly.

Four Wittelsbach-class battleships are nearing completion, four Braunschweig-class battleships are nearing launch, and two more will be on the slipway at the end of the year.

Two Bismarck-class heavy cruisers were built in 1901. And on this basis, Albrecht, one of the three great Prussian heroes, who has died? Feng? Construction of a new armored cruiser named after Count Ron was also expected to begin by the end of this year, with three sister ships to begin in 1903.

A total of eight light cruisers were assigned to the African Fleet and the Far East Fleet, while eight destroyer lead ships were assigned to four destroyer subfleets of the Ocean Fleet and the Mediterranean Fleet. Although the construction of the successor ship has not yet begun, the new design has been completed, and construction is scheduled to start in early 1903.

And the number of small ships built such as destroyers is also increasing, and the General Staff of the Navy is ready to increase the number of destroyer detachments of the Ocean Fleet to 6, the Mediterranean detachment to 4, and the Baltic reserve fleet to 2. But destroyers are not deployed in the overseas fleet.

Although this scale of construction was not at full capacity for the Germans, it scared the neighbors enough.

Although the domestic political scene is inefficient, and it is still difficult to correct the French navy that has gone on a fork in the road, the Minister of the Navy, Ranessan, is still grasping the implementation of the naval construction plan that has been approved by Congress before the Congress.

The Russians are preparing to deal with the yellow-skinned monkeys of the Far East, and the shipyards are full of warships under construction.

Therefore, the shipyards of the European powers are a beautiful scene of enthusiasm, hard work, sweat and prosperity.

However, some people have a bit of a bitter life after not knowing moderation, haha.

"The Argentines asked for our country to mediate their relations with Chile? Are they strained and ready for war? Jochen looked at the diplomatic pleas of the Argentines sent by Billo and was a little confused.

"Your Highness, the contradictions between Argentina and Chile have been escalating in recent years, and the hostility between the two sides is also very strict. However, in our judgment, the two sides should still not want a war. That is why the Argentines want us to intervene. Birlow replied.

"So why did the Argentines change their previous attitude of-for-tat with the Chileans, and at this time made such a request to our country? Bernhard, what do you think? Yochen asked.

"Your Highness, I have a little bit of an unclear opinion." Billo said, seeing that Jochen nodded, bowed slightly, and began to explain: "I think the Argentines want our country to intervene. Mainly because the Argentines are somewhat stretched thin.

The main economic pillars of the Argentines are agricultural and forestry products and animal husbandry, and the economy itself is not developed, but the confrontation with Chile has made Argentina pay more for security than its own economic capacity can afford.

In order to maintain its strength advantage over the Chilean Navy, the Argentine Navy previously ordered 4 heavy cruisers and 1 protective cruiser from our country, plus 2 protective cruisers they ordered from the United Kingdom. This gave the Argentine Navy the largest cruiser fleet in South America.

And the cruiser fleet of the Chileans, with only the armored cruiser O'Higgins and 5 protective cruisers, fell to the downwind. And the old ironclad ships of the Chilean Navy are no longer usable, so the main ship of the Chilean Navy is only the Prad Captain. Although the Argentines did not have battleships, the heavy cruisers built by our country would not fall behind even in a confrontation with the lead ship of the Chilean Navy, the Prader.

This leads to the uneasiness of the Chileans, you should know the reaction of the Chileans after the Argentines ordered the second batch of two heavy cruisers to our country, right? ”

Jochen nodded and said that he knew that the Chileans had made a big fuss at the time, and that the Argentines had not only ordered two heavy cruisers from Jochen's shipyard, but also had a large cooperation project with Krupp.

The Chileans were opposed by all sorts of opponents, and diplomatic activities were carried out in the hope of delaying the delivery of the Germans. Fortunately, the contractor is Germany, and the Chileans themselves have bought battleships in Germany, so they do not dare to denigrate the quality of the battleships.

When all of this failed, the Chileans hurriedly threw out a few small islands in the Pacific Ocean in the hope of selling them to Germany, Britain and Japan, but unfortunately none of them were interested. The cash-strapped Chileans could only watch as their rivals had a cruiser fleet that had always been extremely powerful.

"Your Highness, you should also know that in order to cope with the four heavy cruisers of the Argentines, the Chileans ordered a protective cruiser from us, and last year ordered two second-class battleships from the British, the construction of which began at the beginning of this year. And in response, the Argentines ordered us two more heavy cruisers.

It is difficult for the Argentines to continue this arms race with their financial means, and once the British are completed with the second class battleships, the Chileans will have to continue to procure large ships sufficient to fight them, and I have heard from the Argentine military attache that the Argentine Navy wants to order two 15,000-ton battleships from our country.

But a navy of this size already exceeds the defense needs of the Argentines, and the Argentine finances cannot support a fleet of this size.

Therefore, it is hoped that China's mediation will ease the relations between the two countries once and for all, so as to reduce the investment in the construction of the fleet and ease the financial pressure. Birlow explained.

"So do you think we should help the Argentines mediate? If we succeed, we will lose orders for two battleships. Jochen asked with a smile, in fact, Jochen didn't really care so much about the order of the two battleships, although the order was tempting, but the mediation of international disputes was often more profitable if done properly. Jochen asked, naturally wanting to see what Billo could get his hands on.

"Your Highness, the fact that Argentina has made a request for mediation to our country already shows the political closeness of the Argentines to our country, and the request for our country to mediate between them and the Chileans, if we succeed in mediation, will also help the Chileans to be less dependent on the British and more inclined to us.

Because the Argentines are financially unsustainable, the Chileans will not be much better, and if the two sides can reach an understanding, then the financial burden of both countries will be reduced. And we are now the largest exporter of Chilean copper, and Chileans will certainly be happy to accept our mediation.

After the mediation is successful, the two countries need to ease the long-standing financial pressure, and they will inevitably have to take action in economic policy, so we can naturally make greater profits from helping them to have such opportunities. ”

"Very well, then we will come forward to help them with this, and this matter will be left to you." Jochen agreed.

As Bilo said, both countries are now a little unable to hold on, and at this time, someone has come forward to mediate, and it is natural for both sides to take a step back. If the Germans didn't do it, then naturally the British did, and the two countries in history finally got a brief respite after the British mediated.

And the British don't know how much benefit they got in it, but with the British who are not cheap and immobile, they must still be quite rewarding, so now that the Argentines have given the opportunity to Germany, they naturally can't let it go.

"Yes, Your Highness, I will definitely live up to your trust." Birch replied with a salute. (To be continued......)

ps: Today's egg service resources are returned, and the avant-garde is gambled

Although it's nice to get the avant-garde, it's still the same as the title, and you need wolves to build ships

I'm not R1292