Three days later, in order to increase and improve the executive power, the military department issued an edict to form a wartime auxiliary cabinet under the pretext of geopolitical disputes. The Pen & Fun & Cabinet www.biquge.info procedure went through for a week, and the proposal to form a cabinet met with great resistance when it was voted on in the House of Nobles, with more than half of the votes against, which led to the interruption of the meeting.

Because after the fall of Ferdinand, the leaders representing the interests of the bourgeoisie and the intellectuals collapsed with a bang, and the House became a frightened bird; when they looked at the cabinet list, they were keenly aware that the cabinet seats were occupied by the military department for three-fifths, and even Clemenson was an officer, and only the financial secretary was their own man. The House suddenly uplifted the table and cursed.

The capitalists are willing to watch the war, because the war is a giant beast that embezzles money, and when the rich land is reduced to scorched earth, they can buy the land of the displaced people at a low price, sweep away the high-quality assets, and at the same time issue usury to make huge profits; however, the capitalists hate the military department's interference in government affairs, because these national defense maniacs are full of wartime economy and will use public power to sweep away the capitalists' money to build national defense. As soon as the principal is reduced, the ability of the capitalist to make war money decreases.

So the House of Representatives fought against the military department for a whole week. Before the last vote, the Ministry of War amended the bill to make the Financial Secretary the first Prime Minister. The prime minister has the "right to approve Zhu", and after deliberation by the cabinet, the prime minister can approve and approve daily official documents. This power is so great that it is above Clemson, and the office of the prime minister is no longer in vain.

The House tasted the sweetness, the controversy gradually subsided, and the bill was passed by a majority vote in favor, and the wartime auxiliary cabinet was formally formed, and the list was exactly as Frederick had predicted.

It was not so much that Clemson had no opinion, but that he was so old that he didn't know what was happening, and the older he was, the more sleepy he became, and he almost fell asleep when he listened to the edict. The old man was extremely dull: he turned a blind eye to the old king's gambling investments and allowed them to squander them, so he remained prime minister for more than 20 years; he was so slow that the old king ordered the silver knights to be killed, but Clemson's characteristic bureaucratic procrastination spirit was carried out, and he did not do it slowly, so he achieved Frederick's coup d'état, so the new cabinet also reserved a place for the old man; and because the old man was dull, he stripped him of the real power of the prime minister, and the old man did not react.

In short, this is an old man who is useless, but he can ignore the change of dynasties, always rank in a high position, his status is not moving, and his net worth is as stable as Mount Tai.

Elena also tolerated the existence of "Prime Minister Zhu Approval Authority". She kept her promise to satisfy the military department, and she also shared some sweetness to bring the House to its knees. She generously magnified her power, focusing only on the details of the accounts and the profits and losses of the treasury.

She followed Frederick's advice and took power. Because the national crisis is already on the horizon. The empire is like a patient who has undergone surgery, still lying on a hospital bed and dying.

Five cabinet ministers reported to Elena at the imperial court meeting, in front of the empress to make year-end accounts: the royal family planned to spend 400,000 ounces of gold at the beginning of the year, and the cumulative expenditure of 450,000 ounces of gold coins in early September has been overdrawn by 50,000, and the royal family's gold reserves have long been reduced to zero, and the deficit is a mess.

Elena can't escape her father's fate. She signed and stamped at an annual interest rate of up to 5 percent and continued to borrow 60,000 ounces of gold from the "Habsburg Central Bank", promising to repay the debt with the 46th year's state tax revenues.

The "Habsburg Central Bank", called the Central Bank, is actually an internationally funded private bank managed by Braischroeder. The central bank's registered reserves are one million ounces of gold, ostensibly under the name of Braischroeder, but in fact the money is provided by the Bank of Paribas, the Bank of England, and the Bank of Sirisa, and the HRE royal family is the central bank's primary customer.

And the central bank is rich. There are two main sources:

First, when the HRE Empire was defeated, all the 240 million war reparations were entrusted to the central bank to raise. The central bank directly took a 2.5% fee and earned 6 million ounces of gold in one go. Assets multiplied 6 times. And that's just the score.

Second, the HRE Empire cannot raise 240 million, and must raise money through two methods:

A, the royal family sold 20 million war bonds, which were sold to the markets of Paris, London and Amsterdam. And this batch of government bonds was entrusted to the central bank for sale, because only Brae Schroeder could negotiate a price with Paris and London and successfully sell this huge amount of debt. In this business, the central bank took 3% of the handling fee, and the net profit was 600,000, which is equivalent to a year's tax revenue for the royal family.

B, the royal family still can't raise 240 million, so the old king had to order the three divisions and six departments to evaluate state-owned assets and sell high-quality assets such as coal mines, railways, and mines. However, in the whole country, only the central bank has the financial resources to acquire state-owned assets, and Bray Schroeder cut the transfer price extremely low with an ambiguous attitude of wanting to welcome and refuse: the largest of them was the Coal Mountain Railway, which was valued at 20 million, and the central bank was willing to sign for the acquisition until it cut 11 million, and then urgently borrowed money from the Bank of Paribas to deliver it, and then sold the shares, making a net profit of 9 million, and since then it has been rich enough to rival the country. After signing the defeat agreement, Breschroeder made a fortune by taking advantage of the fire to buy good assets at a low price.

Therefore, the defeat of the HRE Empire is a great thing for Breschrod. Even if the HRE Empire struggles to survive, the central bank will be able to survive on its own. Because the worse the HRE Empire is trampled on, the more money it spits out. And the empire's money is inexhaustible, even after 46 years of tax overdraft, Elena continues to borrow from the central bank, which is ironclad proof. It can be seen that all the people's taxes have rolled into the pockets of Braischroed, and the royal family is the biggest customer of the central bank.

Because the HRE royal family continued to be in debt, the old king had to rely on borrowing from the central bank to survive, and he had long since broken off the idea of repaying the debt, anyway, the tax was overdrawn until ten years later, and the old king had no hope of paying off the debt.

Therefore, the old king was obsessed with buying and selling national debts, fell into the abyss of gambling at public expense, and insisted on going his own way even if he lost money, even if he attracted his wife and daughter to complain, he was indifferent, and since then he has been indifferent to family affection, so that the family looks like a god.

In this situation, Elena signed and printed the contract without saying a word. Although 60,000 ounces of gold is equivalent to only 1.7 tons of gold, which is not worth mentioning to the central bank, and only a bill of exchange is needed to transfer it from the Bank of Paribas, but for the queen who drinks to quench her thirst, knowing that this is a debt that she cannot repay, she must grit her teeth and borrow it to relieve the urgent needs of the cabinet.

As Elena pressed her hands on the seal, she felt like a thirsty traveler, waiting for the rain to drip from the eaves.

"With 60,000 ounces to the bank, plus 70,000 ounces seized from Ferdinand, we will probably be able to survive this year. Elena sighed like a knife, sat down and said, "Let's discuss how to allocate funds." (To be continued.) )