Chapter 989 Promotes Jin Yang

Mid-July

For two weeks since the assassination in Sarajevo on 28 June, transoceanic telegrams from all over the world have been pouring in, almost all of them delivering bad news, and the clouds of war over Europe have covered the entire sky, barely seeing a ray of sunlight, and the situation is extremely critical.

The information received at the national level is much more thorough and detailed than that of ordinary people, and after learning about the content of the ultimatum put forward by Austria-Hungary and the attitude of Germany and Russia, it can already be judged that this world war is inevitable and that it is only a matter of time before it breaks out.

Emperor Li Fushou immediately convened an emergency meeting in front of the emperor, discussed it for several days, and finally came up with a package of countermeasures.

In view of the huge impact of war mobilization on the original social life, the Ocean Empire did not carry out war mobilization, but implemented a compromise plan.

The October conscription was brought forward to July and expanded to include 420,000 conscripts at a time, which is three times larger than normal.

Not only that, but the demobilization of officers and soldiers for this year was stopped.

Under various measures, the strength of the imperial army will be rapidly increased from more than 560,000 to more than 980,000 to cope with any eventuality.

All government departments will give the green light to the relevant military, pharmaceutical, and military material production enterprises, and give full support in finance, electric power, taxation, recruiting more workers, expanding production lines, and other aspects, so that all military industrial enterprises will enter a wartime state and begin to produce at full capacity.

The school vigorously carried out patriotic education, guided public opinion propaganda, strengthened militia training, suspended the export of some grain and meat, suspended some export orders involving Germany and Austria-Hungary, and stopped all those that had been loaded and shipped.

The Ocean Empire's reaction was very swift, like a hedgehog that had encountered a warning signal, contracting its soft abdomen and opening its sharp thorns to make a powerful defensive stance.

Due to the distance from Europe, the tense situation in Europe will not affect the mainland of the Ocean Empire for a short time, and there is nothing unusual about the lives of ordinary people in society.

But between people's eyebrows, there is a touch of worry.

From the newspapers and radio reports, the society of the ocean empire, which has long been facing the world, knows what is happening in Europe;

The Austro-Hungarian Empire carried out a general military mobilization, a Serbian military mobilization, a German military mobilization, a Russian military mobilization, a French military mobilization, an Italian military mobilization, a British military mobilization, a Bulgarian military mobilization, a Greek military mobilization, a Fuso military mobilization......

Austria-Hungary issued an undisguised threat of war against Serbia, which was strongly supported by Germany, and Tsarist Russia vied with each other to support Serbia to maintain its sovereignty and territorial integrity.

The strong smell of gunpowder can be smelled even on the other side of the world.

As an export-oriented industrial economy facing the world, the annual foreign trade scale of the Ocean Empire has grown rapidly from nearly 1 billion gold oceans at the beginning of the century to 2.773 billion gold oceans today (statistics at the end of 1913), with a scale of nearly three times.

After 10 years of development, the Ocean Empire has the world's largest ocean-going merchant fleet, with routes all over the world, shipbuilding enterprises, and large shipping enterprises and trading companies controlling the main maritime trade routes of the Pacific Rim countries.

With the opening of the Panama Canal, the development of the new transatlantic trade route is gaining momentum, and many shipping companies have invested in new large ships to seize more share of the trade.

When war breaks out in Europe, it is terrible bad news.

The economy of the Ocean Empire has become inextricably linked to the world, which makes people worry; Will the dire situation in Europe affect the domestic economy? Affecting your job?

Australia, Daming Palace

Li Fushou rubbed his slightly swollen eyebrows, put down his hand for a while, and then let out a long sigh of relief, his eyes flashing with a calm light.

As can be seen from the full text of the Austro-Hungarian ultimatum to Serbia that has just been obtained, several of them constitute a serious violation of Serbian sovereignty, which, according to the strong character of the Slavs, cannot be agreed to in any case.

The fuse of the First World War has been lit, and the course of history has not changed, and that is all right.

In this way, Li Fushou's grasp of the general trend of the world today is more accurate.

He has been busy these days, presiding over the overall situation of the government and coping with the great changes in Europe, and implementing one policy after another in an orderly manner, which has stabilized society like a needle in the sea and guided the current social production to change in the direction of wartime.

In this regard

The cabinet did not behave as satisfactorily as expected, and when the bad news in Europe continued to come, the ministers felt that the sky was falling, and they panicked for a moment.

And they can't be blamed, who can calm down when they have a premonition that the whole of Europe is on fire?

Li Fushou had to stand up and stabilize the current situation.

In fact, the governments of all countries in the world are similar, and Europe has been shouting "the wolf is coming", but when the wolf really comes, including Britain and France, they are all sluggish, confused and overwhelmed, and many administrative orders issued are contradictory to each other, diametrically opposite, and even worsen the social chaos, and if the score is not qualified, all of them are not qualified.

The only person in Europe who was qualified was the German government, which had been preparing for this day for many years, methodically announcing the mobilization for war and pushing the war machine into action.

Other people's affairs, Li Fushou doesn't want to take care of it and can't take care of it, the Ocean Empire desperately calls for peace to be the priority of diplomacy and the overall situation of the world, but how many people can listen? The European crisis has long been out of the way.

This fateful battle, which is destined to break out, is already on the verge of getting out of control.

The confrontation between the two major military blocs in Europe has become more and more intense, the large-scale arms race has become increasingly fierce for more than 10 years, the huge military budget has reached a point where the finances cannot afford it, domestic prices have soared, their industries have become deformed, and too many resources have been invested in the huge war machine, which has seriously hampered the process of social development.

If the balloon blows to a certain extent, it will inevitably explode.

In the so-called crisis, there must be opportunities when there is danger.

In addition to military, trade, and industrial and agricultural production, Li Fushou's package of countermeasures focused on finance and expansion.

First of all, the core of finance is to implement the "World Gold Ocean Policy", promote the use of the currency of the Ocean Empire, Jinyang, as the currency of international foreign trade settlement, increase gold reserves, increase the amount of currency issuance, and appropriately exceed the issuance to stimulate the economy and trade.

As of now

The United Reserve Bank of the Ocean Empire and the four major currency issuing banks, namely Huitong Bank, Shangri-La Bank, Wells Fargo Bank, Huiyuan Bank. Together with the Royal Queensland Bank, the Royal Red Mountain Bank and the Pacific Bank, a total of eight major banks, with a total of 3,732 tons of gold reserves, ranking first in the world in gold reserves.

Since the establishment of the Ocean Kingdom in 1890, the Ocean Kingdom, as a major producer of gold, no longer exports gold, but is collected and stored by powerful institutions such as banks and royal funds, and then circulates money through banks, continuously expanding the disposal of domestic currency issuance, commercial circulation and financial development.

It has been 24 years since this policy was implemented, and it has played an irreplaceable and important role in developing the economy and stabilizing the domestic financial market.

The value of the gold ocean currency has remained as strong as the pound sterling for many years, which is the basis for vigorously promoting the "gold ocean" as the main settlement currency for international trade, and the credibility has exceeded the US dollar, which has fluctuated in value.

The current international market

The British pound, the franc, the mark and the gold ocean are the top four currencies for international trade settlement, while the US dollar and the Spanish peso can only rank 5th and 6th, which is due to their respective economic influence.

The pound sterling is the main currency in circulation in the trade circle formed based on Britain's vast colonies and sphere of influence, accounting for 41.7% of the world's trade volume today, which is a powerful means for Britain to maintain financial hegemony and a symbol of the glory of the empire on which the sun never sets.

The franc trade circle is different from the pound sterling, it is a separate monetary system established by France, widely circulated in French colonies and dependent countries, and is the second largest currency in circulation in the world today, accounting for nearly 12.3% of the world's trade volume, and its influence is far inferior to the former.

As a world economic power, Germany has the mark in circulation in the trade circle dominated by Germany and Austria, and as the main trade settlement currency of the allies, accounting for 8.7% of the world's trade volume, it is the third largest currency in circulation.

As a newly rising world power, the Ocean Empire's strong currency is mainly used for trade between Pacific Security Alliance countries and part of international trade, and many of its trade with Europe still use pounds, francs and marks, and only some of them are settled in gold ocean, accounting for 4.16% of the world's trade volume, which is far from reflecting the current strength of the Ocean Empire.

The world's top four currencies account for only about 65% of the total trade volume, and there are still currencies such as the US dollar, Spanish peso, Russian ruble, Japanese yen, lira, Dutch guilder and the silver dollar of the Republic of China, reflecting that outside the current major trading system in the world, there is a large number of local bilateral trade and relatively primitive barter trade, such as the Chinese mainland, the Indian subcontinent, Africa and Brazil, all of which are more or less different.

Therefore, it is the most important work in the current financial field to vigorously promote "Jinyang" as an international trade settlement currency, enhance its status and coverage, and create a well-known golden reputation.

The impending world war is the best opportunity to promote Goldjoy, and once you miss it, you won't come again.