Chapter 194: New Dinars
The news of the events in Paris spread quickly, and it was not surprising that Bonaparte's downfall had been expected.
The main thing is that the time card is a little embarrassing, and it can be said that he died on the eve of peace.
But this was only a few days in advance, and even if this uprising did not take place, the French would not let Nasan go after the Prussian withdrawal.
After fleeing, Nasan went straight to the largest Prussian military camp in the vicinity, hoping to borrow troops from the Prussian side to suppress the rebellion.
However, the object of his help was only a lieutenant general, how dare he call the shots for this matter, he could only let him wait first.
During the day the next day, the reaction of the national administrations was very unanimous, that is, to treat it as if there was no such thing.
Seeing that peace was at hand, Bismarck was ready to pack up his things and go to St. Petersburg to negotiate, how could he be at this time to take advantage of the three fires.
Alfonso didn't dare to squeak, he was going to pretend to be a wave, but thinking that France would be of great help to Spain in the future, it was no good to scold them, so forget it.
This time, the tsar organized talks in St. Petersburg, and it was also called Spain, but Spain has not officially declared war on Prussia, and its contribution is quite limited, and it is estimated that it does not have much right to speak, so Alfonso does not attach much importance to this matter.
It was enough for Cruz to take a few people on a run.
No matter how they divide the land, it doesn't have much to do with Spain.
After all, France also sent volunteers during the Spanish Civil War before, and they also helped in all aspects, so they couldn't help but reciprocate.
Although it contributed more than France, Spain did not lose money, not only forgiving hundreds of millions of francs of debt, but also earning a promise to occupy Morocco.
Britain has little influence on Morocco, and as long as France supports it, there is basically no need to worry about outside interference......
Wait, Alfonso suddenly felt that this was going to be a bit of a twist.
Before Spain partitioned Italy, Britain might have acquiesced, but now if they occupied the northwestern part of Morocco, the passage to the Mediterranean would be in danger.
At that time, Gibraltar was sandwiched between Spain, and even Britain's naval power was the largest in the world, and there was a risk of blockade.
…… This matter will have to be considered again, and it is better to find something to divert the attention of the United Kingdom.
Alfonso silently thought that he was not in a hurry anyway, and that he had been fighting every day recently, and it was time to slow down for a while.
Some time ago, the Papal States had accepted Spain's request to issue a currency called the New Dinar, which was named to strengthen its monetary properties, hoping that although it could not be exchanged for gold on its own, it had a value comparable to gold.
That's right, it can't be exchanged privately anyway, and the amount of precious metals needed is not large, so the gold standard was directly chosen.
The new dinar is issued by the Bank of Spain and forwarded by the Bank of Rome.
This would not only preserve the seigniorage, but also take the opportunity to ask the Papal States for reserves.
There is quite a lot of gold in the Papal States, and the Church has accumulated over the years, whether it is gold jewelry or gold bars.
After several negotiations, the Papal States transferred a total of 55 tons of gold to Spain.
Alfonso reckons they still have it, but it's not easy to push too much.
This gold cannot be said to have been given away, but can only be said to be kept in Spain for the time being, and if the Papal States part ways with Spain in the future, they can ask for it back.
In addition to the Papal States, Spain is also covetous of the precious metal reserves of other small Italian countries, but unfortunately only the Papal States are completely controlled, and there is a risk of being turned on other countries by making this request.
The issuance of the new dinar was met with resistance, and German economists denounced it as "another means of harvesting the people".
The inhabitants of the Papal States did not approve of it either, except that the robbery addiction of the Church had been committed again.
First issue a bunch of useless waste paper, buy materials in the hands of the people, and then announce the abolition, directly creating a large number of poor eggs.
With the original virtues of the Papal States, it is not impossible to do it.
In fact, their suspicions are very reasonable, Biseta uses them well, and they are also in the Spanish economic circle, isn't this what it means to take off their pants?
But they only know one thing and they don't know the other thing, the new dinar was piloted by Spain, and if it succeeds in stabilizing the value of the currency, it will become a fairly strong currency.
In the event of an economic crisis in the future, there will be no run on the economy, and at most the face value will depreciate.
The risk of economic collapse is relatively small, and it can also help to share the pressure on Spain's over-issuance of currency.
And Alfonso has a great dream in his heart, that is, to bring Spain, Portugal, Italy, Morocco, and South America ...... All integrated into one economic circle, how can it be enough to rely solely on the gold standard.
No matter how fast gold is mined, it is impossible to keep up with the growth rate of the economy, and this reform of modern currency will be done sooner or later.
Therefore, even if the Papal States repeatedly sent people, and even went directly to Alfonso, hoping that he would retract his order, he did not agree.
Just let the Papal States do it, and it doesn't matter if the people don't accept it for the time being, as long as the currency is slowly sent out through various means.
Of course, in order to dispel the church's concerns, Alfonso promised that Spain would help in the event of the collapse of the new dinar, and that all of them could be replaced with pesetas at the same price, ensuring that the younger brother would not be embarrassed.
During this time, in addition to the issue of currency, another important thing is that the results of the previous discussions in Peru have been transmitted.
After half a month of repeated negotiations, Peru finally decided to buy the Spanish Castelfeda.
But they also made demands, £280,000 was still too expensive, and they hoped to buy it for £265,000.
The price was a little lower than expected, so Alfonso was a little confused when Campos reported the incident.
I don't particularly care about the 15,000 pounds, mainly because Spain still has several ships to sell, and if the head is not opened well, the ships behind it will not be able to sell at a price, and it may lose more than 100,000 pounds in one and two years.
Spain is also planning to start a custom ship business in the future, and it will not be good if it gives others the impression that Spanish products = "cheap".
"Do you want to hold an auction? Anyway, we have enough boats. Seeing this, Campos proposed.
"Nope." Alfonso was a little speechless, he also thought that the prime minister had a lot of options.
Now everyone knows that Spain has several ships to sell, and the demand in South American countries is not large, at most one or two are enough, and it is a bright buyer's market.
The auction may go unsold or fetch a lower price than 265,000.
In the end, it was the old way - 2,000 pounds was stuffed into the Peruvian envoy.
The price did not drop much and sold for £275,000.
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