Chapter 278: The Two Camps That Have Gradually Taken Shape

The Chinese Empire will not stop the currency reform, and the silver crisis is inevitable. Pen ~ fun ~ pavilion www.biquge.info

Henry and Yan Xuecai ended this discussion, and Henry returned to the embassy area, but it was not the German embassy, but the British embassy, and the British embassy, the ambassadors of other countries to the Chinese empire were waiting for Henry's return here.

Henry got out of the carriage and saw the crowd who came out to greet him, Henry shook his head helplessly, saying that he had failed and did not persuade the Chinese Empire to abandon the currency reform.

Seeing Henry's expression and movements, everyone also understood that a wave of disappointment appeared on their faces.

Not long after, the crowd dispersed and returned to their respective embassies.

As time passed, the price of silver continued to rise, and although it did not reach the level of pre-May time, it was not far off.

On June 24, Britain, France, Russia, and other countries had a large amount of silver "sold at low prices", and the speculators who had to wait a few more days for the price of silver to rise a little more before letting go, saw that someone was selling silver first, and they were furious and hurriedly sold the silver in their hands.

A new round of silver crisis has officially erupted, countless speculators have sold their silver one after another, and some uninformed people are still rejoicing that they are buying cheap silver. (Selling silver is in the form of bonds, not directly taking cash and selling)

"These damn merchants!" The top leaders of various countries cursed the group of speculators, and disregarded the interests of the country for the sake of profit.

If there is a profit of ten percent, he is guaranteed to be used everywhere; With twenty percent of the profits, he becomes active; With 50 percent of the profits, he took the risk; For the sake of 100% profit, he dares to trample on all human laws; With three hundred percent profits, he dares to commit any crime, even at the risk of hanging his head, this is the businessman, who is serious only for profit, and has no state.

However, speculators in Britain, France, Russia and other countries are also scolding, they are still preparing two days, before July 1, let the price of silver rise a little more, and then sell silver, why is there a large-scale sale of silver now, then what money can be made, not only may not make money, but may even lose money, maybe how many people think that speculating in silver and bankrupt a lot of debts, directly commit suicide.

It was impossible to keep such a large-scale sell-off completely secret, and it soon became clear that Britain, France, Russia, and other countries had known that the merchants who first sold silver were mainly merchants from Germany, Austria-Hungary, Italy, and other countries.

The merchants of these countries did not sell silver in their own countries, but went to England, France, Russia and other countries to sell silver, which is obviously a conspiracy, a huge conspiracy.

In recent years, Britain's relations with France and Russia have been constantly adjusted by the existence of the Chinese Empire, and these three countries have become the same camp in the eyes of other countries.

Britain is the world's first naval power, France is the world's second naval power, Russia is an army power, and the three old powers combined can be called the most powerful alliance in the world.

As Germany, which has only risen in the last few decades, feels a deep threat, and Germany has sharp contradictions with France and Britain.

France, which was defeated in the Franco-Prussian War, lost its former hegemony in Western and Central Europe, and all strata of the country unanimously demanded revenge, and Germany greatly expanded its armaments in order to prevent a resurgence of France, and relations between the two countries were rather tense.

Proceeding from its traditional foreign policy, Britain sought to maintain the balance of power on the European continent, and did not want Germany to be too strong, nor did it want to see Russia's power expand too much in the Balkans, and with the intensification of the conflict over the colonial issue, the Anglo-German contradictions began to intensify.

Germany could not confront Britain, France, and Russia, and could only look for allies, and Austria-Hungary, which had contradictions with Russia, and Italy, which had contradictions with France, became Germany's allies one after another.

Two camps gradually formed.

In fact, before this, the relationship between Britain, France, and Russia was not deep, but because of the rise of the Chinese Empire, the three countries had more contacts, and now in order to help Russia fight against the Chinese Empire, a large number of materials were continuously sent to Russia to strengthen Russia's strength.

It is almost equivalent to the Chinese Empire in confrontation with three countries, which can also prove that the Chinese Empire has great strength.

If the German, Austrian, and Italian camps were joined by the Chinese Empire, the strength of their camps would be greatly increased.

But the Caucasian world does not want to see the rise of a yellow country, even if the two camps of the Caucasian world fight to the death, if there is an opportunity, the two camps will unite to kill the Chinese Empire first.

Germany will not become an ally with the Chinese Empire, at most some cooperation, and the two countries will exchange interests.

Similarly, the Chinese Empire did not want to be an ally with Germany, and the two camps of the Caucasian world had deep contradictions that could intensify at any time and turn into a world war, and the Chinese Empire did not want to get involved.

Under the inducement of the currency reform of the Chinese Empire, the silver crisis that affected the whole world was generated, and Yan Xuecai told Germany a good way: let Germany detonate the silver crisis first, and Germany could sell the silver in its hands first, so as to reduce losses.

Germany's losses were inevitable, but much less than in other countries.

After receiving this proposal, Germany thought that this proposal was feasible, but this matter should not be done by Germany alone, but should be done with its allies, which would not only increase the relations between the allies, but also prevent Germany from facing pressure from the entire Western countries.

As a result, a silver crisis caused by merchants from Germany, Austria-Hungary, and Italy selling silver in other countries quickly erupted and intensified.

If the first silver crisis had not been stopped, the silver crisis would have brought less damage to other countries, but the Western countries stopped the first silver crisis and did not completely eradicate the silver crisis, so that its internal energy accumulated more and more, if there is no guidance, this is a huge bomb, which will explode at any time, and those speculators are still hanging explosive packs on this bomb to increase the power of the bomb.

Now that the bomb has exploded, the merchants are frantically selling silver, and the price of silver has fallen again and again in one day, by more than 30 percent, and the next day, the price of silver will continue to fall, and it will continue to fall.

Of course, no matter how the price of silver falls, it will not be lower than the price of copper.

On July 1, the Cabinet of the Chinese Empire officially announced that from today onwards, the Chinese Empire will only use Chinese currency as a transaction currency, and cannot be exchanged for silver and gold.

On this day, the trading price of silver in London reached an all-time low, and a large amount of silver was spot, but no one bought it.

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