Manie and Fuld heard Jérôme. They were also relieved when Bonaparte asked for an additional VAT to be added to the original luxury tax, rather than a chattel/personal income tax.

For the people of Paris, and indeed for France as a whole, the creation of every "new" tax meant the beginning of tyranny.

Successive French rulers used their bloody ruling experience to warn the next ruler that it was best not to open a new tax until the social contradictions intensified to the point where they were out of control.

The addition of VAT on luxury goods is one of the best of all taxes, and Jérôme. Bonaparte was also convinced that this policy was an effective method, and the market prospered because of the policy of increasing the surtax of the historical Third Republic, which had raised the economy to the level of 1869 before the war, even 1.1 billion francs more than the central government had collected in 1869.

[PS: In 1869 the central treasury collected about 1.9 billion francs, in 1870 the central treasury collected 3 billion francs, and in 1871 it was 3.1 billion francs.] 】

However, during the Third Republic, Thiers imposed a 20%-50% surtax on each of the luxuries. Bonaparte, on the other hand, took into account that the economic strength of 1852 was far less than that of 1871, so the levy of additional value-added tax was cut in half on a historical basis.

"If we increase luxury products such as tobacco by 10% to 25%, how much tax revenue will France be able to increase every year?" Jérôme. Bonaparte asked Manie and Fuld.

"According to last year's levy on tobacco and other luxury products, it can increase the tax revenue of about 4-500 million francs for France!" Manie responded cautiously to Jérôme. Bonaparte, and then added: "If you take into account other aspects, it will increase the fiscal revenue by about 3-400 million!" ”

"3-400 million!" Jérôme. Bonaparte subconsciously touched his chin, thought for a moment, and then asked again: "What is the situation of our national debt now?" ”

"As of now, our national debt is about 5 billion francs! Compared with the entire market, China's treasury bonds still have a lot of space! Manie immediately responded.

"Considering that the additional VAT needs to be reserved for sufficient time, the Ministry of Finance should be ready to sell treasury bonds at any time!" Jérôme. Bonaparte pointed to the ceiling above his head and said categorically: "The French economy cannot be in turmoil, and neither can the French army!" If these two Optimus Pillars collapse, then the whole house will be in danger, and we will not be able to stay out of it! ”

Despite the fact that Jérôme. Bonaparte's words were alarmist, but Mannie and Fuld did not want to see the Second Empire fall, and they put too much effort into it.

Political investment alone cannot be measured in monetary terms, and now it is time to reap the fruits without going wrong.

Manie hurried to Jérôme. Bonaparte assured that the Ministry of Finance would draw up a charter for the issuance of government bonds as soon as possible.

Fulder, who was sitting on the sidelines, also said to Jérôme. Bonaparte pledged to mobilize the shareholders of the Banque de France to buy up the treasury bonds thrown by the Ministry of Finance to society.

"No need!" Faced with the idea of Fuld asking the bank to take over the treasury bonds, Jérôme. Bonaparte shook his head and refused: "This batch of national bonds will still appear on the Paris Stock Exchange, and we will make it possible for all French citizens to buy them." ”

Immediately, Manie asked Jérôme. Bonaparte asked about the amount and type of new bonds to be offered (long-term or short-term).

After some deliberation, Jérôme. Bonaparte stretched out five fingers and responded: "Mainly short-term government bonds, 500 million francs of government bonds will be issued!" The term of the national debt is calculated according to two years, as long as it can alleviate the urgent need! ”

"Understood!" Magne vs. Jérôme. Bonaparte nodded in reply.

"That's it! Isn't the problem solved now? "Jérôme. Bonaparte clapped his hands lightly and said to Manny with a smile on his face.

"Your Majesty, it's hard to explain on the Legislative Council's side!" Manie still had a sad look on his face: "500 million francs of short-term government bonds...... If the Legislative Council were to question it......"

"Don't worry! They won't question! If they question it, you'll say I made it out! "Jérôme. Bonaparte replied nonchalantly: "Besides, the French government has not issued national bonds, but this year it has issued a little more!" It's all for the future of France! ”

"That's right! We are all for the future of France! Fuld also nodded and smiled.

Get Jérôme. Mane, who was endorsed by Bonaparte, was relieved of his sorrow and smiled again.

After Magné and Fuld left the Tuileries Palace, only Jérôme was left in the study. Bonaparte was alone, leaning alone on the sofa, he shook his head and sighed: "Why don't they have a little responsibility!" Everything needs me to make a decision before I can act! ”

On August 30, 1852, the Chancellor of the Exchequer of the French Empire submitted to the Legislative Council a proposal for tax reform and the issuance of national debt.

Passing through Jérôme. Bonaparte's hint that the legislative council passed the proposal that afternoon.

Subsequently, the proposal was transferred to the Senate for a second vote.

The Senate also unanimously approved a plan for tax reform and the issuance of government bonds.

On August 31, the French Ministry of Finance announced by telegram to the citizens of Paris and all of France that the first tranche of the 1852 treasury bonds in the amount of 200 million francs had begun to be deposited on the Paris Stock Exchange.

As soon as the news broke, Parisians poured into the Paris Stock Exchange like crazy, and the entire stock exchange was crowded with people, each with a large denomination of the Bank of France in their hands, and they waited eagerly for the issuance of the national debt.

Due to the large number of permanent residents in Paris, and the inability of the Paris Stock Exchange to accommodate tens of thousands of national debt queues, coupled with the crowded crowds, it is easy to cause stampede time, resulting in a large number of casualties.

Valley/Span So when the Paris Stock Exchange informed the Treasury of the situation with the Emperor, Jérôme. Bonaparte instantly realized the seriousness of the problem.

That night, Jérôme. Bonaparte urgently summoned all the heads of the Ministry of Finance, the Ministry of Police, and the Banque de France to the Tuileries Palace to discuss countermeasures.

After deliberations, a solution was reached: the first tranche of 200 million treasury bonds would not only be sold on the Paris Stock Exchange, but all large and small banks in Paris could act as collection points, and police officers would be dispatched to each sales point to maintain law and order.

When the news broke in the early hours of September 1, the crowd around the Paris Stock Exchange cheered when they heard the news, and they were no longer afraid that they would not be able to buy government bonds.

Under the evacuation of the police, the entrance of the stock exchange was no longer supported, but there were still some people who stayed in front of the exchange and waited.

On the morning of September 1, the Paris Stock Exchange and the major banks in Paris opened their doors, and people frantically poured into them to buy government bonds.

In less than a day, the first tranche of 200 million francs was sold out.

The enthusiasm of the people of Paris for the national debt once again refreshed Jérôme. Bonaparte's cognition. (It was later found out that most of the main buyers of the bonds were European aristocrats living in Paris and slave owners in the south of the New World, and they were more enthusiastic about the bonds than the locals.) ）

The first tranche of the Treasury Bonds, while settling most of France's fiscal deficit, also repaid a portion of the interest on the 5 billion Treasury bonds that it had previously owed.

Once again, the entire French Empire was restored to a thriving future.

Time flew by, and it was soon mid-September.

Valevsky, who "disappeared" for half a year, was the first to be replaced by Jérôme. Bonaparte brought "good" news.

"Your Majesty, Your Uncle His Majesty Wilhelm (King of Württemberg) has granted our request!" Valevsky vs. Jérôme. Bonaparte said.

"That's good! Thank you! "Jérôme. Bonaparte patted Valevsky on the shoulder.

"That's what I'm supposed to do!" Valewski humbly responded.

After two closed doors, Valevski finally managed to get the best idea for Jérôme. Bonaparte found a partner and a qualified empress for the French Empire.

Looking back on the past six months, Valewski feels really tired.

In the same first marriage object of the Swedish royal family Katarina. In his conversation, Valewski failed because of internal opposition from the Habsburgs, and Valewski, who had been busy for nearly three months, had to leave the Habsburgs in disgrace.

The second niece of Queen Victoria also faced failure because of the temporary change of Victoria's niece, and it also took nearly a month before and after.

After that, Valewski went to Prussia to seek marriage.

William I, regent of Prussia, politely refused the request for marriage, and "sincerely" hoped that Jérôme. Bonaparte was able to find the right person.

Later, Valewski visited Baden, Bavaria, and even Liechtenstein, all of which refused Bonaparte's request for marriage.

It wasn't until the end that Valewski, who had experienced several failures, went to Württemberg with the idea of giving it a try.

At first, Wilhelm I of Württemberg, like all previous German monarchs, was reluctant to agree to marriage.

(Later, I found out that it was actually selling at a price)

Had it not been for the persuasion of the then Prime Minister and Foreign Minister, King Wilhelm (King of Württemberg) would have been difficult to relent.

Eventually, King Wilhelm agreed to Walewski's terms, agreeing to give his daughter, Jérôme. Bonaparte's cousin Augustas was rationed to Jérôme. Bonaparte.

Wallewski, who got the desired result, immediately begged King William to send Princess Augusta to France, fearing that King William would also regret it like the previous ones.

Again, at the persuasion of the Foreign Secretary, King William agreed to let Princess Augusta go to Paris.

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