Chapter 85: Serbia of Influence
"A thousand miles of lifting collapsed in the anthill!"
The economic crisis of 1890~1893, under the butterfly effect of Ferdinand, a commercial conspiracy against the Austro-Hungarian Bank finally detonated the Austro-Plenum financial crisis.
History began to change, and the United States and Germany, which had suffered the most from the economic crisis, had now joined the austro-Hungarian Empire, an unlucky egg, and the future direction of the world had become unclear.
Well, now the economic crisis is being bred in the United States, and it has not always erupted. The Austro-Hungarian financial crisis erupted, shaking the whole of Europe.
At present, the hegemony of the British Empire is still very solid, the contradictions between the great powers have not intensified, and the two major military blocs have not yet been formally established.
For the sake of friendly diplomatic relations and the common progress of human society, international capital has extended a helping hand to help Austria-Hungary get out of the economic crisis.
Of course, it is not worth mentioning that the noble capitalists gave so much for Austria-Hungary and reaped a small benefit.
The Austro-Hungarian Empire was still very strong, and at that time, it was ranked as one of the five traditional European powers along with Britain, France, Germany, and Russia, and was also one of the five major powers in the world.
It was the third largest country in Europe at the time, after the Russian Empire and the Ottoman Empire. It is the most populous country, slightly inferior to Russia and the German Empire, and the third largest in Europe.
In the field of heavy industry, the prosperity of the machinery and instrument manufacturing industry, and the strength of the steel and munitions industry, ranked fourth in the world, after Germany, Britain and the United States, and the heavy artillery weapons produced by the Skoda Arsenal before World War I ranked first in the world.
In the field of agriculture, the variety of agricultural products and the abundance of production have surpassed Russia and ranked first in Europe.
With such a big family, the financial system of the Austro-Hungarian Empire is still struggling to hold on, waiting for international friends like Ferdinand to come to the rescue.
The Balkans were the first to suffer from the financial crisis. Austria-Hungary was too busy to take care of itself, and the younger brothers naturally couldn't take care of it.
Since the Austro-Hungarian Bank announced that it would stop making loans, other financial institutions have followed suit. The small Balkan countries that are still waiting to be fed and waiting for the payment to survive the economic crisis will be miserable.
The economic crisis has not yet passed, and the fiscal crisis has come again. The first to bear the brunt was Serbia, as the younger brother of Austria-Hungary, after the economic crisis broke out, it was in trouble.
was waiting for the Austro-Hungarian loan to get out of trouble, and now suddenly it is said that it is gone. Alexander, who was only 16 years old, was furious, he didn't wait to be such a bully, the contract was signed, the loan was half disbursed, and suddenly said that it was gone.
Then the flowers and plants in the palace were devastated, and Alexander ravaged them all over, and when he had enough venting, an emergency meeting was called.
……
"Austria-Hungary suddenly stopped our loans, you say, what should we do now?" Aleksandar Obrynovich said indignantly
"We want to make the harshest protest to Austria-Hungary, which is completely ignoring our Serbia!" The Foreign Secretary said with an angry face
"Austria-Hungary suddenly suffered an economic crisis and is now taking care of itself, and it will not be useful to protest! We have been abandoned, and now we are afraid that we will have to fend for ourselves! The Chancellor of the Exchequer said with a complicated expression
"How much money does the government have now?" Alexander asked sharply
"A total of 213,218 dinars, which is not enough for the government to spend for a month!" The Chancellor of the Exchequer thought for a moment and said
"So what is the solution for your Ministry of Finance?" Alexander asked expectantly
"In the short term, we can only reduce expenditures, all government officials will stop paying half of their salaries from now on, the expansion of the army will be suspended, military spending will be cut by two-thirds, plus the taxes in the future, this should last for three months! During this time, we are looking for loans! The Chancellor of the Exchequer said confidently
"No, I'm against it!" The War Secretary shouted
"Oh, what does our War Secretary have to say?" The Chancellor of the Exchequer glanced at him contemptuously and said
"Humph! Now that the financial crisis is serious, the expansion of the army has been suspended, which is acceptable; But why did you cut military spending by two-thirds? Aren't you afraid of a mutiny in the army? The War Secretary asked angrily
Hearing the 'mutiny', the Chancellor's face changed slightly, and then he quickly returned to normal and said with a sneer: "'Mutiny', are you threatening me?" Now that the financial crisis is in full swing, we should be in the same boat and tide over the difficulties together, can't the army make sacrifices for the country? ”
"And according to the current number of troops, our Ministry of Finance has accurately calculated that even if the military spending is cut by two-thirds, it is still barely enough to pay the salaries of the soldiers! Why did they mutiny? Could it be that someone~~"
The Chancellor of the Exchequer's voice stopped abruptly as he said this, staring at the Chancellor of War with strange eyes, as if to find out something.
"You don't want to spew blood! Doesn't the army need training? Doesn't the equipment need to be updated? You idiot! Furious by the Chancellor's strange gaze, the Chancellor of War lashed out
"Idiot! Don't you know that there is an excuse to train your soldiers at low cost? How long can I delay the update of equipment? The Chancellor of the Exchequer said contemptuously
"You~You~~" The Minister of War was so angry that he couldn't speak
As soon as the Chancellor of the Exchequer showed a triumphant smile, Alexander spoke: "Enough, stop arguing!" Now the situation in Serbia is very critical, you have to focus on the overall situation, don't have to quarrel about everything! ”
"Humph!" The Minister of War snorted dissatisfiedly. Although he did not say it explicitly, he also knew that Alexander, who had always advocated the expansion of the army, was now obviously more inclined to the Chancellor of the Exchequer, which made him very dissatisfied.
The Minister of War now wants to ask everyone: What do you think the army is, and military spending can be cut if you want, is this a child's play on national defense?
In the end, he gave up, knowing that it was useless to say anything now. The government has no money, and even if he wears out his mouth, he can't change the result.
……
"Misfortune is not a single line, blessing is incomparable!"
Just as he was about to end the meeting, an urgent call came with bad news: "The peasants of the Krarev region have rioted"!
The consequences of blind tax hikes are coming! After the outbreak of the economic crisis, the prices of agricultural products in the Serbian region plummeted due to the dumping of international capital.
The income of the peasants decreased, but the taxes increased, and overwhelmed, the angry peasants of the Kralev region decided to resist taxes!
This was followed by a fierce clash with the tax collectors of the Kralev region, and then the peasants revolted, for reasons unknown.
Receiving this thunderbolt from the blue, Alexander exclaimed: "Ah, God, have you abandoned Serbia? ”
For the riots, there is no doubt that they were suppressed! The cabinet soon reached an agreement and immediately sent troops to suppress it, and for a time Serbia was turbulent and wolf-smoking.