Roland did not want to see the Yashan Empire achieve prosperity through reform, nor did he want to see the Yashan Empire rapidly collapse. Rather than the imperial ruling authorities play the role of a "pastemaker", half-dead to make do with the status quo, social development stagnates; The Kingdom of Kolas took the opportunity to catch up and narrow the gap in national strength with the Yashan Empire as soon as possible, and maintaining such a situation of eliminating the advantages of the other was undoubtedly the most beneficial to the Far Easterners.

From this point of view, of course, he could not suggest that Palatine and Frank should give up the privileges of the nobility with a clear sense of righteousness, accept the conditions offered by the imperial capital group, and cede the supreme power of the country to the bankers, industrialists and merchants, and that it is enough for the royal family and nobles to play the role of "rubber stamps" with annuities, not to mention that no one will willingly give up the power in their hands, expecting His Royal Highness the Crown Prince to "understand the righteousness" and betray his own class, which in itself is a bit unrealistic.

Roland flipped through the second page of the letter, and as expected, Palatina herself was very disgusted with the conditions offered by the Imperial Capital Group, and Prince Frank also said that he could not accept it, and the two sides reached a stalemate.

The harsh reality is right in front of you. Frank's reforms were inseparable from the support of the bankers, but he was unwilling to allow the regime to be hijacked by the capitalist group, and the two sides have been unable to reach an agreement, and the maturity date of the national debt has not waited for anyone. If the imperial government is unable to issue new debts in time and is forced to declare default, the consequence of credit bankruptcy will be financial bankruptcy, to the point where bureaucratic salaries and even military salaries cannot be guaranteed, and the collapse of the whole country is not far off. Recall the ripple effects of the French government's default on the French government's "Donti Annuity" debt at the end of the 18th century, and the revolution that shook the world shortly thereafter, and it is not difficult for Roland to foresee the consequences of the financial bankruptcy of the Assanian Empire.

Faced with a dilemma between the imperial family and the cabinet being unable to accept the harsh conditions of the capital conglomerates and the risk of the government's credit default, Frank was influenced by the reformist think tank led by John Lauer and started to issue paper money.

At present, only the government of Kolas in the Far East issued paper money in the countries of Vares, and afterwards maintained price stability, and there was no obvious inflation, but it promoted economic growth, and the elder Fogel and Alberton Jr. had to admit that this was a "miracle" after their visit to the Far East.

Frank had heard of the "miracle of silver money" in the Far East, and had learned from Palatina and other members of the delegation that the rumors were true, so he naturally thought of learning from the successful experience of the Far East.

In the eyes of His Royal Highness the Crown Prince, there is no reason why the Imperial Government cannot do what the rebel party in the Far East can do. Palatina was not so optimistic, and cautiously advised him not to think too much about the issuance of banknotes, otherwise the governments would have done so a long time ago, so why bother to raise real money, and where would it be the turn of the Far Easterners to eat this "first crab".

Known for his open-mindedness and open-mindedness, Frank not only accepted Palatina's persuasion, but also entrusted her to invite Roland to the holy city of Assan on his behalf.

Considering Roland's sensitive identity, it was inconvenient for Prince Frank to send an invitation in the official name, and not long ago Alberton Jr. mentioned that Roland was invited to participate in an academic conference as a private scholar, so he wanted to take this opportunity to meet with him and ask about matters related to the issuance of banknotes.

Palatine was commissioned by Frank to write this letter to Roland, along with an invitation letter. Roland picked up the conference invitation and looked at it, the organizers were the Imperial Central University and the Perot Foundation, and it stands to reason that they are not really "non-governmental institutions". The three-day symposium will be held on the seventh day of February in the Great Hall of the Palace of Universal Love in the Holy City of Asia, and Roland will only need to attend the last day of discussions on related topics such as "social and economic reform", and the rest of the time will be free to spend.

Roland vaguely remembered that the "Palace of Love" was the headquarters of the Imperial Inquisition, and it was a bit unlucky for him to go to this ghost place for a meeting as a "heretic...... Despite her concerns, Roland wrote back to Palatine on the spot, making it clear that she would be "on schedule" and that she was "very much looking forward to meeting her again".

Although he accepted Palatina's invitation in his reply, Roland knew in his heart that this matter could not be decided by himself, and that he still had many difficulties to overcome before he set out.

The day after the reply, Roland wrote a report on the financial crisis of the Assanian Empire and submitted it to the cabinet for consultation. In the afternoon of the same day, when he arrived at 10 Avenue Independence to attend a cabinet meeting, Roland supplemented the report on the basis of the information revealed in Palatina's letter, focusing on the fierce game between the imperial authorities and the industrial and commercial financial capital group over the question of national debt, and predicting how the outcome of the game would affect the future national fortunes of the Assanian Empire, and thus the joint effects on the authorities in the Far East.

When facing his father and cabinet ministers, Roland couldn't help but recall the historical lessons of the country he had traveled to.

In the second half of the 19th century, when the Western countries had completed the bourgeois revolution and became industrial powers, the last feudal dynasty of China was still surviving, and this large empire with a huge territory and a population of nearly 400 million was still in a traditional agricultural society. The empire was not at peace, peasant uprisings were raging everywhere, revolutionaries were spreading new ideas, and feudal rule was on the verge of collapse. However, instead of using this opportunity to support Christians and revolutionaries who were closer to their ideology, the Western powers, who prided themselves on being civilized, overthrew the decadent feudal dynasty of China, but instead paid money, guns, and even acquiesced in mercenaries to help the court suppress the uprising. This was not because they favored the feudal aristocracy and bureaucracy, of course, but because they decided that it was more profitable to maintain the status quo. In fact, just as they feared, when the "sleeping lion of the East" finally woke up and caught up with the tide of the times and embarked on the road of the rise of rich countries and strong armies, the Western powers had to give up their colonies, extraterritoriality and various special interests in China, and the unequal treaties signed at the beginning also turned into a pile of waste paper with the demise of the feudal dynasty.

Roland believes that the current situation of the Yashan Empire is similar to that of the last feudal dynasty on the earth, except that it has not yet fallen to the point of a "paper tiger", but a seriously ill tiger with the ability to fight and bite its opponents. Although the Far East carried out social reforms before the empire and its national strength was booming, it was far from being qualified to be among the "great powers." Dealing with diplomatic relations with the empire was like teasing a sick tiger.

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