Chapter 252: The Current Situation of the Countries
The financial crisis affected all countries in the world, the country with the least impact was the Xia Empire, followed by the Qing Dynasty and Germany, and the remaining European and American countries were all hit hard, banks and enterprises went bankrupt in large numbers, unemployment remained high, and tens of millions of people lost their jobs in the United States alone, and thousands of people lost their life savings and became homeless. Pen "Fun" Pavilion www.biquge.info
After the financial crisis, although they hated the financial policies of the Xia Empire, which led to heavy losses for the United States, the Americans hated the British even more, and after knowing that the failure of the operation to block the Xia Empire was not announced, they were quietly buying silver; Now the United States can only make changes to a limited extent.
The first step that the U.S. Congress asked the government to take immediately was to repatriate all Japanese laborers and Qing laborers, and to increase the enforcement of the Chinese Exclusion Act so that more jobs could be freed up for more unemployed American workers; Of course, people with the nationality of the Xia Empire are not in the ranks of repatriation; At the same time, the United States has also reduced the number of immigrants from European countries to the United States, giving priority to protecting the employment of its unemployed citizens.
The second is to follow the example of the Xia Empire, raise the US import tariff rate, reduce the export tariff rate, increase subsidies for agricultural products, and counter the impact of the Xia Empire's low-priced grain on the US market.
Then, the construction of the Panama Canal was accelerated, and now the unemployment rate is high, and the huge project of building the canal can use a huge number of cement, steel and other industrial products, hoping to drive the American industry on the right track and get out of the quagmire, and the number of construction workers is even larger, so the US government has recruited nearly 500,000 workers from the country to participate in the construction of the Panama Canal.
In order to resist unfair competition at home, maintain market order, and ensure the normal operation of the market economy, President Roosevelt demanded that the enforcement of the "Sherman Antitrust Act" be strengthened, proposed legal proceedings against large enterprises in the United States in steel, oil, railroads, and other industries, and demanded that the scope of antitrust be expanded, mainly including: market monopoly, intended monopolistic behavior, horizontal restriction agreements, vertical restriction agreements, monopoly conspiracy, enterprise mergers, predatory pricing, price discrimination, bundled sales, etc. President Roosevelt earned the nickname "Trust Tamer."
It intensified the economic plundering of the Philippine colonies, built the Philippines into a pure source of raw materials and a place to sell American industrial products, and closed Philippine ports on the grounds of security, prohibiting merchants from other countries from entering the Philippines, so that the Philippines could only sell American industrial products.
In order to increase its influence on South American countries, the US government purchased two more battleships and two battlecruisers from the Xia Empire, and the United States was ambitious to take the whole of South America as its own backyard and exclude the influence of European countries in South America; In order to save the mired American shipyards, President Roosevelt, under the authority of Congress, ordered the Admiralty to build 2 Lanfang-class battleships and 2 Lanfang-class battlecruisers, as well as 40 Lanfang-class destroyers.
With the support of President Roosevelt, President Roosevelt's application for expanding the current size of the Army was successfully approved by Congress, increasing the number of US troops from 1.28 million to 500,000, and at the same time, Congress approved Secretary Taft's plan to station troops overseas, and quickly sent one division each to Venezuela, Panama, and Colombia to help stabilize the regimes of the three countries, expand US influence in these three countries, and protect the economic interests of the United States in these three countries.
Expanding the scale of the army and navy can not only reduce the number of unemployed, but also save a large number of domestic enterprises that are in economic crisis, increase the number of workers, such as gun factories, military uniform factories, shoe and socks factories, lunch box factories, shipyards, etc., which can receive a large number of orders, as well as build military camps, which require a large number of workers and building materials, and so on, so as to stimulate the development of the US economy as a whole; The most important thing is to strengthen the influence of the United States in world affairs, so that the United States will not only be an economic power, but also a military power in the future; For this reason, Roosevelt considered Secretary of Defense William Howard Taft to be the heir to his progressive ideas, and he strongly promoted Taft as a presidential candidate.
The US Government has also taken many favorable measures, but so far, it is not enough to lead the US economy out of the quagmire of the crisis, and there are still a large number of unemployed workers in need of relief, that is, the treatment of workers is much lower than before the crisis, and a series of problems such as insufficient consumption, narrow market, insufficient liquidity, and bank reluctance to lend still need to be solved by the US Government.
Britain faced a better situation than the Americans, first of all, Britain not only secretly purchased some silver at the last moment in the operation to block the Xia Empire, intending to make up for part of the losses, but also the government nationalized the Rothschild family's funds, so that the treasury was full a lot; Moreover, the government's subsequent crackdown on the Rothschilds and other Jews led to the flight of many Jews from Britain and the sale of many assets, which allowed the British government and big business to obtain valuable assets.
European countries suppressed Jews, the United States reduced the number of European immigrants, resulting in many Jews choosing to work and live in the Xia Empire, and some Jews arrived in the Qing Dynasty, which was beneficial to both the Xia Empire and the Qing Dynasty.
The shipping industry of the Xia Empire was very supportive of the empire's policy, and the ships that used to transport materials to Germany could only transport equipment purchased from Germany on the return trip, which could not meet the transportation capacity, while Britain and France and other countries protected their own shipping industry and had to return empty.
And the European countries want the departure of the Jews, just to free up a large number of jobs for the unemployed workers in the country, and these Jews dispose of assets at a low price, and the cheaper is their own citizens.
The U.K. economic crisis has affected the U.S. economy, and companies exporting to the U.S. have suffered heavy losses, leading to workers' strikes in some areas, but they have all been solved quickly and perfectly with the support of the government's finances.
To this end, the British government has also adopted many economic policies, such as raising import tariffs, lowering export tariffs, reducing aid to other countries in the world, and banks requiring Japan and other countries to repay loans as soon as possible.
The original plan to purchase a larger number of battleships and battlecruisers from the Xia Empire was canceled, and instead the construction of 4 Lanfang-class battleships and 4 Lanfang-class battlecruisers was started in the country, as well as a large number of Lanfang-class destroyers and cruisers; At the same time, the British Navy was desperately developing larger-caliber naval guns, designing battleships and battlecruisers with larger displacement and faster speed.
At the same time, Britain also increased the economic plundering of the colonies, which led to the continuous uprisings of the people of India and other colonies, and of course, the support of the Xia Empire was indispensable here. (To be continued.) )