Do the Indian Asans regard themselves as the People's Liberation Army?

Listening to Queen Bayi's words, Emperor Zhu was really stunned and stunned. I really have no ambition for India!

"That's not the case, is it?" Zhu Jishi's brows furrowed, "As far as I know, all the princes of the princely states in India have jointly written to persuade Queen Victoria!" ”

Queen Bayi laughed and said, "Who dares not to persuade you?" The mercenaries of the East India Company can be pressed on our heads, not to mention asking Queen Victoria to be the emperor of India, even if we are the mothers of princely states. "But we all know that the British won't stop there...... In the last 100 years, they have claimed more than half of India's land! The wealth they plundered from India is too great to calculate! ”

Zhu Jishi laughed dryly: "Bayi, do you know that I am different from Queen Victoria?" Maybe I'll covet India's riches too. ”

Queen Bayi smiled faintly and said, "It's always an opportunity, isn't it?" If you go to war with Queen Victoria for India, we princely princes of India may be able to take a breather. At least until you defeat Britain and become the world hegemon, you have to win over us, the princely princes, who will hand over India to our rule...... Perhaps, you don't want to directly manage India's population of 350 million, which is a very, very headache. Sometimes we ourselves feel a headache, and they British people actually go to great lengths to help us run the country in an orderly manner. ”

Zhu Jishi nodded noncommittally, and said in his heart that this Indian girl's vision is really good! I really have no interest in Indian Asan, and it is already troublesome to manage 450 million or 500 million Chinese. Add another 350 million Indian ...... I really admire the British! As a matter of fact. India under their administration. It is better than running its own India after independence -- this is what Emperor Zhu heard from a few Indian students in later generations!

"Your Majesty, do you know how much the Americans owe Britain in the last 10 years? During this time, the inability to repay has caused the collapse of more than a dozen British banks, and these topics have become the hottest topics in Kolkata. ”

Zhu Jishi was silent and did not speak. Rs 300 crore...... He said that he would borrow everything. He knew that what he was going to get could not be rupees or banknotes, but gold bars and ingots from the cellars of the princes of the princely states!

With these precious metals, the hard currency that the Ming Dynasty needed in the second industrial revolution has been settled! Yes, with the deepening of the industrialization process of the Ming Dynasty. Daming's international trade will soon show a deficit! Even if there is no economic crisis, even if rubber and palm oil prices continue to be strong, deficits are inevitable.

Just look at the United States today and Japan and China in the future. The industrialization process of the United States began about twenty or thirty years earlier than the Ming Dynasty, and it is now past its initial stage, but until the First World War, the United States still owed Europeans a huge debt, which was due to the import of European machinery, technology and raw materials in the process of industrialization.

As for Japan, before World War II, the only thing that could be exported to Europe and the United States was silk, and industrial products could be sold to China. The proportion of Japan's foreign trade is not large. Moreover, Japan has always owed huge debts to Britain and the United States.

And the same is true of the new China that Emperor Zhu is most familiar with. The accumulation of the first 30 years of reform has made China an industrial country, but in the 70s and 80s of the 20th century, how big was China's industrial products in the world? After the reform, it did not experience a long-term deficit and the depreciation of the renminbi, and could only rely on the continuous inflow of foreign investment to make up for it, and it was not until the 21st century that it turned around and became a large surplus country in one fell swoop.

It can be seen that it is impossible for a late-developing industrialized country to obtain hard currency to support the import of equipment and technology through the export of industrial products in the early stage. Moreover, after the initial industrialization is realized, it often means that the enthusiasm for industrialization investment is rising in an all-round way, and the number of machines and equipment that needs to be imported is greatly increased than before, which cannot be compensated by exporting agricultural products alone.

Moreover, it is the middle of the 19th century, not the middle of the 20th century. The currencies used in the world are linked to precious metals, and there is no such thing as foreign exchange control of gold. Therefore, although there was no shortage of gold and silver in the Ming Dynasty, Zhu Jishi had no way to concentrate these gold and silver to support industrialization. If he really did this, it would definitely cause a violent financial shock.

Therefore, the absorption of foreign capital has become an inevitable choice, who cares whether this foreign capital is Indian or European? Due to the steelmaking technology invented by Bethemiah and the progress of chemical science and technology promoted by Zhu Jishi himself, the second industrial revolution is now on the way, and it is estimated that as soon as this round of economic crisis passes, it will be another investment climax. The Ming Empire will come from behind in the second industrial revolution no matter what! Otherwise, he would not have the opportunity to lead the Ming Empire to the top of world hegemony in his life!

As for the repayment of the loan...... Of course, it can be delayed, and if it can be returned, it will not be returned!

Thinking of this, Zhu Jishi took a breath and pondered: "The interest rate of 7% seems a bit high...... This bond was issued by the Ming Dynasty and was guaranteed by customs duties, and there was no problem with its credibility. The 5% to 6% interest rate is up to the underwriters to decide. HSBC must have been the underwriter of the bonds, and the East India Company would certainly have to intervene. Also, Bayi, do you have a local bank in India that you can recommend? My HSBC needs a local partner to facilitate access to India. ”

Queen Bayi blinked and smiled, "Of course there is." There are a lot of banks in India, and even I own a Jangsi Trust Bank. Of all the local banks in India, the largest is none other than Hyderabad Bank, which is Hyderabad Nisam (Honorific Title) Taniyasser. Ali Khan's bank. Although the ruler of Hyderabad owns less than one percent of the territory of the Ming Empire, he himself is one of the richest people in the world, probably the second richest man in the world after you, and he is also very eager to make friends with you, this time he intends to spend 100 million rupees to buy your bonds, and he also intends to invest the same money with HSBC. ”

200 million rupees were taken out without blinking an eye, this Ali Khan is really a big guy!

Of course, Zhu Jishi didn't know that in history, this princely princely family, known to the British as "His Royal Highness the Noble Prince of Hyderabad", was likely to be the richest man in the world! During the First World War, the family gave away huge sums of money to the British government, and in the early 40s of the 20th century, the last prince of Hyderabad also owned a huge family fortune of up to $2 billion, and owned more jewels than countable, which is said to be strung together enough to circle Piccadilly Circus in London, England, and a diamond with a net weight of 185 carats was just the maharaja's paperweight - of course, the 20 million untouchables under the rule of the Maharaja of Hyderabad must have lived worse than dogs, this is India!

And there are hundreds of princely princes like the princes of Hyderabad, and there are tens of thousands of princely ministers of the first class in India. If there is a Forbes rich list in this time and space, at least 50 of the world's top 100 richest people are Indian Ahsan.

"What about the conditions? Bayi, what does His Highness Ali Khan want from me? Emperor Zhu's tone became serious. He wouldn't treat Queen Zhangxi as a little woman who was carried away by love, but she was the lord of a state! He is also a well-known figure in the circle of princely states in India. This time I came to Nanjing in a hurry, and there was a chance that there was someone behind him.

"His Highness Ali Khan, like me, hopes that you can become the emperor of the Indian Confederacy in the future." Queen Bayi looked at Zhu Jishi with burning eyes, "There are really many princes who think like this!" ”

Indian Confederation ...... Hearing this word, Zhu Jishi couldn't help laughing, these princes of the Tubang still had some ideas! A united and strong empire is not what they want, a loose confederation or simply living on their own is what they really want, right? (To be continued......)