Chapter 650 Moltke's Great Detour
De Xuanlin is a big broker with a strong ability to do public relations, and he is a Juncker identity and has a close relationship with the German upper echelons.
The German ambassador only cared about getting the money as soon as possible, and the interest rate on German government bonds was nine percent in the open market, so he didn't care much about borrowing money from De Zhu Lin at the interest rate of nine percent, so after De Zhu Lin promised that he would be able to help Germany get the first 20 million taels (100 million pounds) of funds within a month, the German ambassador signed a contract with De Zhu Lin.
Jacob, on the other hand, printed 20 million taels of bonds as collateral for a German government contract and distributed them to a dozen major banks, and he completed the financing in just one week.
The reason why these big banks are willing to take over is that, in addition to the fact that interest rates are really attractive, and there are credit guarantees from the German government, Jacob has offered these banks a lot of concessions. The interest rate on the bonds he printed was seven percent, but the money he received from these banks was directly deducted from the interest of one percent, and this interest was the profit of the bank. In addition to owning their own, most of these banks actually market bonds to their customers.
In this way, the firm immediately made a profit of one per cent, at almost negligible costs, and at a total interest rate of one million pounds.
It was only about a week to get the money, but the delivery time was still a month away.
Jacob embezzled the money, first through the Chinese overseas company, he paid a large deposit to the large Chinese arsenal, and obtained the right of priority supply, in order to occupy the production capacity of the large arsenal in the short term, so that even if the Germans got the money, they could not get the supply, so they could only turn to him for help. On the other hand, the payment of a deposit to the private machine companies that had already cooperated with De Celin during the Spanish Civil War also gave them the right of first refusal.
At the same time, Jean De Xuanlin continued to negotiate with the German government, trying to obtain the exclusive right of the German government to order. In the future, if the German government's arms orders in China were all ordered through De Celin Jacobs, then the current 100 million pounds and the planned 1 billion pounds business would be monopolized by De Celin & Co.
At this time, the German ambassador suddenly found that it was difficult for him to find a suitable supplier, and the large arsenals said that their orders were full, and finding a small private machine factory to produce, this is not something that the ambassador can do, and De Xuanlin said that he can help Germany purchase enough arms as soon as possible. Moreover, De Xuanlin also said that as long as he was entrusted with the procurement business, Germany would not receive arms after a month, but would be able to start receiving arms immediately.
The ambassador had no choice but to trust the ability of a middleman like De Celestial, but he was cautious, he only signed the first contract with Del Jonglin, a business of 100 million pounds.
The ambassador was surprised to find that after the contract was signed, De Celin Jacobs & Co. did indeed start shipping. Unbeknownst to the ambassador, the production of these munitions had already begun, and by the time he signed the contract with De Celin, many of them had already entered the dock warehouse.
As a result, Germany's 100 million pounds loan never entered the German government's account from the beginning to the end, and it was transferred from the account of De Xuanlin Foreign Company, and the net profit of 4 million pounds brought to Cui Tourism Jacobs Foreign Company was finally converted into guns and cannons produced in China.
As far as the German government is concerned, they have nothing to lose, because the price of the arms purchased by De Celin is not higher than that in the market. For De Hui Lin & Co., the profits they make are also in line with market conditions. But De Xuan Lin did make huge profits, and the reason why this is so is mainly because of the concentration. Compared with other industries, the per capita income of employees in the financial industry is higher, and the salesman of the textile factory can run to 10,000 business, that is the gold medal salesman, but the bank staff often 100,000 million business, even if each profit is only half of the textile sales, it also seems that the banking industry is more profitable than the textile industry.
After the successful delivery of the first order, the German ambassador had more confidence in the ability of the German ambassador, and the German government, which was anxious to get funds and weapons and equipment, agreed to the ambassador's suggestion, and the ambassador, on behalf of the German government, formally signed a loan and order contract with Decelin Jacobs & Co.
In fact, what they did was nothing more than what the American banking giant Morgan did in history. Historically, by 1917, before the United States entered the war, the British War Office alone placed purchase orders totaling more than $20 billion with American companies through Morgan Bank, and Morgan took a 2% commission on the net price through the purchasing agent. This is Morgan's real war money, not the so-called loan interest.
Of course, there are many ways for Morgan to grab war wealth, among which the scale of financing to help European countries is huge, and the commissions charged are high, and the debt of European and American countries has increased to 210 billion US dollars after the war, most of which are debts owed during the war; In addition, Morgan also monopolizes the purchasing power to purchase from companies controlled by the Morgan consortium, but not from competing companies, and the windfall profits of these companies will eventually pay dividends to the Morgan consortium. However, it also led to the U.S. Senate accusing Morgan of directly purchasing from companies with interests related to Morgan's partners and transferring benefits to these companies related to him, which affected the principle of fair competition.
After gaining World War I power and monopolizing financing and ordering contracts in Germany, De Glalin and Jacob immediately changed their business model.
Just as Morgan ordered from his affiliates, Jacob, a Jew, and De Celin, a German, did not have a controlling or shareholding affiliate in China, but they could increase their profits by squeezing the profits of the producers.
The profits of China's overseas companies could not be compressed, so they began to reduce the orders placed through overseas companies to the state-run arsenals, and instead organized a vast network of supplies by placing orders with a large number of private producers. The profits from the production of munitions were relatively lucrative, so there was a lot of room for compression, and they directly purchased large quantities, raising their commissions to the level of five percent, and with the profits from the funds raised, they were able to get six percent of the financing of the German war.
However, their help was also great for the German government, which quickly received funds and weapons and successfully completed a complete mobilization.
Moltke, who had been given sufficient troops, revised his battle plan again.
After the defeat at the Battle of the Marne, the possibility of a quick victory no longer exists, but there will always be a winner in the war. Even in a war of attrition, there is always one side that can't hold out first.
Moltke began to redeploy based on a war of attrition, and the possibility of breaking through the French positions from the front was very small, and Moltke was fortunate to have the courage to draw troops from the Lorraine plateau. It was difficult for the Germans to overcome the permanent fortifications of the French army, and the Germans also turned to the defense and established defensive positions, and it was equally difficult for the French army to break through the German defenses.
Therefore, Moltke deployed a large number of reserve troops on the frontal battlefield, and instead drew a large number of troops from the frontal battlefield, transported them by rail to the northern front, and entered the northern battlefield of France through Belgium.
Moltke's choice of strategic offensive direction was still a detour to Belgium. The feasibility of this strategy lies in the fact that the forces in the north of France are still insufficient, and at the same time, they are mainly reserved, and their combat effectiveness is weak.
After the Battle of the Marne, the Polish army, which had lost the offensive, was questioned, and the Polish army did show some inactive attitude in the attack, otherwise the well-trained Polish army had a great chance of breaking through the French defense, which had little training at that time.
After years of Bismarck's culture war with the Catholic Church, the Poles became dissatisfied with German rule. When fighting Russia, the Poles were able to actively fight because of the feud between Poland and Russia, and at the same time, because they could fight against Russia and recover the territory of the Lithuanian era for Poland, they had clear interests to attract. However, in this attack on France, the Poles did not have hatred for France, on the contrary, many Poles were very grateful for the help of the Napoleonic period for Poland's restoration, and in addition, if they fought France, Poland would not be able to gain any territory, and it was completely for the Germans, so from the ideological concept of ordinary soldiers, the enthusiasm for fighting was not high.
This Polish army was formed by Moltke, so Moltke knew very well the combat effectiveness of the Polish army, and he boldly put the Polish army on the northern front to break through, and the main force of the German army contained the main force of the French army, in fact, he trusted the combat effectiveness of the Polish army. Unfortunately, the Polish army disappointed him, and he could not change the national orientation of the Poles, so he could only start placing the Polish army on the second line.
After the Battle of the Marne, the Polish army began to clear the local resistance from the way in which the rear was unstable and blindly pursued the speed of advance. At this time, the northern part of Belgium and northern France were even under the control of Belgium and the French, and the important Belgian town of Antwerp was even in the hands of the Belgians, and the Belgian king retreated here to organize resistance.
Under the blows of the Polish army, these areas fell one after another, Antwerp in Belgium and Calais in France.
The Polish army continued to stabilize local order, and the Germans began to take over the Polish positions on the front line and prepare for the offensive.
In less than a month, the main force of three million German troops returned to northern France through Belgium, and then crossed the Oise again, advancing from the direction of the Oise and the Aisne to the Marne, with the aim of cutting off Paris from the frontal battlefield.
The Second Battle of the Marne has begun!