"Will there be loss of industrialization?" Princess Victoria looked at her most respected political teacher with some incomprehension, "Viscount, won't we still have 70% after we lose 30%?" ”

The Viscount of Melbourne shook his head and said, "No, after we lose 30% of India, we will lose the advantage of scale and cost...... And the 30% sold to India is still the 30% with the most lucrative and the least competitive pressure. If we lose this 30%, our industry is likely to lose all of its profits due to rising costs and declining gross margins. The industrial products produced by the German Customs Union, the United States, and France will gain greater advantages because of lower costs and larger markets. Sooner or later, their products will crowd out our markets in the United States and continental Europe, and eventually our products will be completely squeezed out.

At that point, our industry will only be able to serve more than 20 million people at home and a few million people in Canada......"

Although Britain was the first industrialized country in the West, it is an island country with a narrow mainland and a limited population. The resources, markets, capital, and even talents for her industrialization all come from overseas. Aside from the geographical advantage of being far away from the chaos of the European continent, everything else seems to be a disadvantage..... If it had not won the big colonial market of India, which was rich and oily, Britain's domestic industry would hardly have won the competition with Germany, France, and the United States, which were much larger than Britain in the industrialized countries of the continent.

The population of the UK is just over 20 million, while India has a population of up to 200 million!

Although 200 million Indians do not have much purchasing power because of the brutal exploitation of the British. But the upper middle class in India is still rich! They are more than willing to pay for British industrial goods of inferior quality and high price. Moreover, British industrial goods almost monopolized the Indian industrial goods market...... In India, there is no competitor to British industrial products, that is, lying to earn! Even in the UK itself, there is no such good thing.

Let's try it soon, everyone. 】

"Your Highness," said the Duke of Wellington, "in addition to the export of industrial goods and the purchase of raw materials, we can also extract tens of millions of pounds of wealth from India every year...... Between 1757 and 1815 alone, we made a fortune of £1 billion from India. Before the outbreak of the war, the East India Company and the Imperial Government of India received a net income of £44 million a year from India, of which £16 million was remitted to our country in the form of taxes and interest, accounting for 16% of our pre-war revenue! ”

The benefits of British rule in India were enormous! Even after the Indian Empire nominally seceded from Britain, she still had to pay London £16 million a year in the name of repaying the interest on the borrowings—the so-called borrowings of the debts of the Imperial Government of India for the "acquisition" of the East India Company's assets. The book value is hundreds of millions of pounds, and the interest payment alone costs 16 million pounds a year!

In addition, the Indian Empire has also issued bonds worth 1 billion pounds in London, Paris, and Frankfurt in recent years to support the war between the British Empire and the Ming Dynasty...... Even before the British Empire officially declared war on the Ming Dynasty, the Indian Empire relied on high taxes in India, apportionment of war bonds, and the issuance of bonds in Europe to raise most of the anti-Ming military expenditure.

It can be said that India has contributed everything to the prosperity of the British Empire for more than 100 years!

So the filial godson, how can Ying Dad be willing to let go?

And the serious consequences of losing India, which can be imagined with a heel...... Britain will be on a path of gradual deindustrialization, and there will be no turning back. Although Britain can also take advantage of the special topography of the British Isles to take advantage of the turmoil in Europe to absorb capital to avoid danger, it has no chance of winning if it wants to rely on a market of more than 20 million people to compete with large opponents such as the German Customs Union, France, and the United States.

And lost the ...... of industrialization Britain's national strength will decline further, and I don't know if the European-stirring stick can continue!

"Your Highness," said the Viscount of Melbourne in a tone of great apprehension, "the consequences of the loss of India will be very painful, and the consequences of the loss of industrialization will be extremely deadly...... If we lose 80% of industrialization, it will mean that 80% of London's population will lose their source of income! In a city of 200 people, 1.6 million people will have no food, no clothing, and no house to live in...... This means that the Revolution that took place in Paris will also sweep through London and the whole of England! ”

"Oh God!" Princess Victoria was suddenly "fat and discolored", and a baby's fat face was full of frightened colors.

"We can't hand over India!" Victoria's mother, the Duchess of Kensington, screamed, "Britain must not be like France...... And the king doesn't have the power to do that! ”

The Duke of Wellington and the Viscount of Melbourne glanced at each other, and the Duke of Wellington said, "Madam, whether the king has the power to do this depends on whether someone is willing to stand up and stop him!" ”

"Block?" Princess Victoria was taken aback by the offer, "But he's a king!" Who can stop the king? ”

The Duke of Wellington said: "In fact, in 1640 and 1688 there were people who stopped the king who tried to do mischief!" ”

"Oh God!" Princess Victoria looked at the Duke of Wellington, "Duke, don't you want to be Cromwell?" ”

"Your Royal Highness," said the Duke of Wellington, "I am loyal to the royal family...... But I am loyal to the King or Queen of the United Kingdom, not to the Emperor of India! ”

Princess Victoria was still trembling, looking at the Duke of Wellington like a frightened chubby little animal, "Duke...... The king is also the emperor of India! ”

"No," reminded the Viscount of Melbourne, "it is in fact the Emperor of India who is also King of the United Kingdom!" Kaiser Wilhelm became Emperor of India first and then King of the United Kingdom and the Kingdom of Hanover. And even after becoming king, he still issued edicts in the name of Kaiser Wilhelm, not King Wilhelm IV! It's like Nicholas I, who usually only calls himself Emperor Rakshasa or Tsar Rakshasa, and rarely calls himself King of Poland, Grand Duke of Lithuania, or Grand Duke of Finland. Napoleon is known only as the emperor of the French Empire, and few will remember him as the king of Italy. So de jure speaking, Kaiser Wilhelm was first the Emperor of India, then the King of the United Kingdom and the King of Hanover! And most of the people of England now see Kaiser Wilhelm in this way! ”

It is true that the words of the Viscount of Melbourne did not wronged Emperor William...... Emperor William did indeed prefer to be the emperor of India, and if he were asked to choose between the two crowns of the emperor of India and the king of England, he would definitely choose the emperor of India.

And the Indian emperor can be passed down...... Pass it on to Kaiser Wilhelm's own heirs!

And the king of the United Kingdom will only pass to Princess Victoria in the future!

Under these circumstances, it is not surprising that Kaiser Wilhelm wanted to keep India and abandon the idea of the United Kingdom.

"But, but...... This, is this legal? "Although Princess Victoria is only 15 years old, she grew up in the imperial family and received an English imperial education since she was a child.

However, the rules of the game of the British usurpation are not very different from the Chinese usurpation, and the usurpation must be based on the law to justify the name!