Chapter 1760: Gilded Foam (VI.)
The Reich government did not escape the devastating blow of the financial crisis.
On the morning of August 9, the gates of the Imperial Central Bank were swept open by a crowd of agitated people, and broken glass splattered in all directions. People were no longer in a peaceful line at the only open exchange window, flocking to all the business windows, countless pairs of hands holding gold bills reaching out to the windows, countless voices roaring, almost shattering the glass windows.
In the face of the angry crowd, the central bank could no longer implement the delaying strategy, and for the first few days tried to insist on full payment, but was soon forced to announce that it could not accept the magic crystal, and switched to gold and silver for gold and silver banknotes, which led to an even stronger panic run, and the crisis intensified, and on August 12, the Imperial Central Bank had to renegade its promise and close the exchange window completely.
With the far-reaching consequences of the government's credit bankruptcy, the fall of imperial bonds after the sale of gold money, and the brink of bankruptcy in the Mueller administration's fledgling financial situation, even the most optimistic people realized that there was no other way for the current cabinet than to step down and apologize.
At the same time, the monetary reform campaign that Frank and "Red-Haired" John had worked so hard to pursue came to an end in a dramatic way, and when the gold money fell below par value, their dreams of a "credit money" system were shattered.
On 13 August, the situation showed no signs of improving.
On 14 August, the situation continued to deteriorate, with more than 60 percent of shops and factories forced to close from the holy city of Yashan to the major towns in the province, the streets and alleys were depressed, and the whole country was in a state of near-"shock". Even the most optimistic observer will have to admit that if the crisis continues to intensify, the vast and fragile empire will go from economic collapse to regime collapse.
On August 15, the most feared signs of the Reich's rulers finally appeared. Millions of middle-class and petty citizens in the Holy City lost most of their assets in the financial turmoil, and then were forced to spend their little savings to buy expensive bread in the midst of inflation, and the doom that eventually befell them was called "unemployment". Now that they have lost not only their savings, but also the ability to provide for their families, everyone has accumulated anger and resentment, perhaps instigated by the "Voice of the Far East", and the resentment in the hearts of the people has burst through the embankment of reason like a volcano, and hundreds of thousands of unemployed people have taken to the streets en masse on August 15 to protest.
From the Imperial Palace to the Cabinet Building, angry crowds were packed outside the gates of all government offices. People raised their arms and shouted and even vented their anger with foul language, and countless protest banners flew over the city, mostly with the same words: "We've had enough!"
It is clear that this was an organized and premeditated political operation. Petty bureaucrats who do not know what is going on can blame foreign hostile forces for inciting people to march and make trouble, but those who really have the brains know in their hearts that foreign newspapers or "Voices of the Far East" do not have the ability to mobilize the people of the empire to march in the streets at the same time, in the same place, with the same slogans, and that the organizers behind this political demonstration can only come from within the empire, to be precise, from the "first three rows".
In fact, a little observation will reveal obvious signs.
For example, on August 15, all the clergy belonging to the conservative camp in the Holy City, from the lower deacons to the priests and bishops, collectively closed their doors, and no matter how much the Muller cabinet tried to ask the Holy See to come forward to pacify the angry people, these clergy always refused to happen, and remained out of the way. In this case, "non-interference" is tantamount to supporting the demonstrators.
The cabinet was closed to the Holy See, and did not have the courage and prestige to come forward to pacify the mob, so it had to turn to the commander of the capital garrison for help, asking the military to quickly send troops into the city to impose martial law in order to prevent popular demonstrations from developing in the direction of riots.
However, the commander of the garrison in the capital, who belongs to the military hawks, was hospitalized for "food poisoning" last night and is said to be still "unconscious" and unable to get up from his hospital bed to command the troops.
By now, the matter is clear. The conservatives and militaries of the Holy See are the masterminds behind the August 15 march in the Holy City, using popular resentment as a weapon of political struggle, and the spearhead is directed at the reform-pushing Mueller cabinet.
The Count of Müller had not closed his eyes for two days and two nights, and his usual graceful and dashing demeanor was gone, and he was as anxious as an ant on a hot pot. There is nothing to say about the fact that he is ready to step down, but there are different ways to step down. After bowing and apologizing, it is of course the best to pat your ass and go back to the countryside to support the elderly, for fear of being caught by the pigtails and not letting go, losing the phase is not finished, and he will be held accountable for dereliction of duty during his tenure.
The thought of these terrible consequences made the Count of Müller anxious. Now that his cabinet is paralyzed, unable to appease the angry populace or mobilize troops to suppress it, there are only two options left before him: either to ask Prince Frank for help; Or go to Patriarch Gregory and kneel down to conservative political opponents and beg for mercy.
The Count of Müller, who had been with him for many years, had a little self-esteem, and was unwilling to give in to his political opponents like this, so he ran around in front of the office of the crown prince of the palace early in the morning, hoping to grasp a life-saving straw.
The Count of Müller was tormented by years of waiting. It wasn't until almost 11 o'clock that the office door opened to him, and he was greeted by Frank himself and the governor of the Imperial Bank.
Prime Minister Müller, who had not lost his political sensitivity in the midst of extreme anxiety, immediately noticed that Frank was a bit out of the ordinary today. The red-haired man, who had always followed His Royal Highness the Crown Prince and was almost inseparable, was gone, and there was no trace of him in the office. The Earl of Müller immediately realized that John Lauer, the initiator of the imperial currency reform, had lost the favor of the crown prince at a time when the gold system had suffered a heavy blow and was on the verge of bankruptcy.
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