Chapter 414: Abandoning the land is not cutting the land

Rifat Pasha understood that the Ottoman Empire was destined not to survive this wave.

Whether it was the Russian Empire, the French Empire, or the Austrian Empire, they all wanted to tear a bite from the Ottoman Empire, and the difference between them was their attitude towards the Ottoman Empire.

Compared with the Russian Empire, which was determined to dismember the Ottoman Empire, France's actions were much gentler.

At the very least, the Ottoman Empire, which lost the Middle East and North Africa, could still exist, and the Ottoman Empire, which lost Constantinople, would immediately face collapse.

Rifat Pasha also had no illusions that Britain would do everything in their power to help the Ottoman Empire turn around in this regard.

After all, the Kingdom of Britain still needed the French Empire to help them resist the Russian Empire.

In the absence of the backing of other powers, Rifaat chose the lesser of two evils, and he was determined to compromise with the French Empire once again.

"De. On behalf of the Ottoman Empire, I would like to assure France that the Ottoman Empire will pay any price, as long as France can help the Ottoman Empire to relieve the threat it now faces! Rifaat Pasha gritted his teeth and made up his mind to fight against De. Ruiz promised.

Now Rifat Pasha's heart, in fact, has acquiesced to the previous Jérôme. Conditions for the wide opening of the Lion of Bonaparte.

"We hope that the Ottoman Empire can help the French Empire open up a transit station and telegraph transit center on Rhodes Island to facilitate the flow of materials and intelligence for the expeditionary force." Morality. Ruiz first put forward his first condition.

"Rhode Island? There's nothing wrong with this! Rifat Pasha nodded and agreed. Conditions in Ruiz.

"The material transfer station and telegraph transfer center built on Junde Island must be operated independently by France! At the same time, for such an important strategic point as Rhodes, the French Empire hopes to be able to delegate troops to defend Rhodes! "De. Ruiz added a word to Rifaat Pasha.

Rifat Pasha immediately understood De. Ruiz's idea, he not only wanted to turn Rhodes Island into a transit center for supplies, but also wanted to control Rhodes Island directly.

"This ......" Rifat Pasha was a little troubled, although the island of Cyprus was not of much use to the Ottoman Empire, but it was also not something to be lost.

"We can guarantee that the island of Rhodes will pay tribute to the Ottoman Empire as usual, and it can even be doubled on the original basis!" Morality. Ruiz spoke slowly.

"Yes!" Rifaat Pasha gritted his teeth and agreed. Ruiz put forward the first condition, and then went on to ask: "Are there any other conditions in the French Empire?" ”

"Next, we hope that the Ottoman Empire will be able to open its ports during the war and guarantee the free passage of the expeditionary force's fleet!" Morality. Ruiz made his second request.

"Of course you can do that!" Without hesitation, Rifaat Pasha agreed to De. Ruiz then added: "If the French Empire wishes, the Ottoman army can completely obey the orders of the expeditionary force!" Obey all the actions of the expeditionary force's army! ”

"If that's the case, it couldn't be better!" Morality. Ruiz nodded in response to Rifat Pasha, and then continued: "One more point, since the French Empire has obtained the right to adjudicate and protect the Holy Land, then France has the obligation to ensure the safety of the people of the Holy Land!" So, I hope to be able to send an army to the Holy Land.

I can assure you that the size of this army will definitely not exceed a regiment! Of course, the strength of this regiment was only symbolic to protect the basic rights of France in the Holy Land. ”

"This ......," Riphaet Pasha hesitated again.

Once the French Empire army entered the Holy Land, it would be difficult to get them out.

However, the most important thing at the moment is the Russian Empire, and if they let them capture Constantinople, then the Ottoman Empire is likely to become history completely.

Just like when their ancestors destroyed the Byzantine kingdom.

"I promise you!" Rifaat Pasha gritted his teeth at De. Ruiz said.

"In that case, that's all for me!" Know how to stop in moderation. Ruiz replied to Rifaat Pasha.

"Also ......" Rifat Pasha just wanted to ask De. When Luyce still had any conditions, he immediately heard De. Ruiz's next words, he smiled at De. Ruiz asked, "Is that all?" ”

"That's all!" Morality. Ruiz replied to Rifat Pasha in a firm tone.

"Okay! Thank you very much for your support of the Ottoman Empire! "Rifat Pasha shook De. Ruiz's hand said excitedly.

Morality. These conditions in Ruiys's mouth are still a big gap compared to the bottom line that he can accept, how can such a strong sense of gap not make Rifart happy!

"I said it! The Ottoman Empire and the French Empire will become close allies! "De. Ruiz smiled slightly, and said to Rifaat Pasha in a calm tone.

Stay until Rifaat Pasha and De. After Luyce finalized the specifics, de Lyce. Ruiz and Rifaat Pasha leave the castle.

Morality. After Luyce and Riffat Pasha returned to Paris by train, Rifat Pasha returned to the Ottoman embassy in France.

Morality. Luyce did not return to the Foreign Office and went straight to the Tuileries Palace to pay homage to Jérôme. Bonaparte reported the news of the negotiations.

Enter the de de Tuileries Palace. Led by Mocal, Ruiz arrived at a room on the third floor of the Tuileries Palace.

Dangde. When Ruiz pushed the door in, he saw Jérôme. Bonaparte, Magne, and Fuld, the three of them sat around as if they were discussing something.

"Your Majesty, Minister Mane, Minister Fuld!" "De. Ruiz to Jérôme. Bonaparte and the others bowed.

"Ruiz, you're finally back!" Jérôme. Bonaparte laughed at Duc. Ruiz asked, "How?" How's things going? ”

Subsequently, De. Ruiz told Jérôme what had happened with Rifaat Pasha. Bonaparte and others listened.

Jérôme after listening. Bonaparte stroked his chin and asked happily: "So, Cyprus and Damascus are about to become our territory?" ”

"No, it depends on the follow-up! Once the war is over, the Ottoman Empire will inevitably win over Britain to fight against us! So, we have to be careful! "De. Ruiz cautiously addressed Jérôme. Bonaparte said.

"As long as we can get ahead of the curve, we can throw them off a lot!" Jérôme. Bonaparte said in a calm tone.

"Your Majesty!" Morality. Ruiz once again addressed Jérôme. Bonaparte saluted: "I ask to speak with the ministers of Mane and Faure!" ”

"Absolutely!" Jérôme. Bonaparte nodded in agreement. Ruiz's request.

Subsequently, De. Ruiz asked Fuld to be able to peddle the Ottoman treasury.

"What was the discount rate for the Ottoman national debt?" Fuld asked De. Discount rate of Ottoman government bonds in Ruiz.

As long as the Ottoman Empire's short-term/long-term government bond interest rates were equal to those of the French Empire, then he could sell them.

If the Ottoman Empire's national debt discount rate was lower than that of the French Empire, then they would have no choice but to be insensitive.

Morality. Ruiz held out five fingers.

"5 percentage points?" Fuld immediately asked.

Such an interest rate on the national debt is worth Fulder's deal, as long as the entire Ottoman Empire is not completely bankrupt and liquidated, then he will not lose money.

Even if there is a small loss, Fuld has the ability to pass on the crisis to the retail investors of the Paris Stock Exchange, who will bear the risk, and Fuld will only have to sit back and reap the benefits of the fisherman.

"% is the discount rate of the Ottoman Empire's upcoming short-term treasury bonds, and % is the discount rate of the Ottoman Empire's long-term treasury bonds!" Morality. Ruiz responded to Fulder.

"Is the Ottoman Empire crazy?" Furd was dumbfounded by the high interest rates on the Ottoman national debt, and he could not believe that the Ottoman Empire had the audacity to raise it to this price.

You must know that the interest rate on French national bonds has remained at about 4% all year round, and it will definitely not deviate much to the left or right.

The Ottoman Empire was beaten by the French Empire in every way.

However, the interest rate on their national debt is completely much higher than that of France.

So high that Fuld wondered if Osman could afford to pay the annual interest rate on the national debt.

Thinking of this, Fuld subconsciously glanced at Jérôme. Bonaparte at a glance.

"This APR!" Jérôme. After thinking for a long time, Bonaparte nodded at Fuld and Mannie, "You can buy it!" ”

After a few decades, the interest rate on the national debt of the Balkan countries has only risen to about 6%-7% a year, and even some small countries have an annual interest rate of more than 8%.

Even in such countries, there is still a large amount of capital willing to enter the initial investment.

It's just that the vast majority of their investments are short-term bond investments, which are suitable for the kind of investment that can run and run.

In other words, pseudo-colonies.

The annual interest rate of about 5% in the Ottoman Empire was simply not comparable to that of the future Balkan states.

In Jérôme. On Bonaparte's orders, Fuld decided to subscribe for more than 25 million francs of Ottoman national debt, and Manie was also willing to subscribe for 15 million francs.

The remaining bankers also promised to serve the empire to the best of their ability in the next few days.

All in all, the entire BNP Paribas community was willing to pay 140 million francs for Ottoman government bonds.

It's just that these Ottoman government bonds have not yet been officially listed.

Dangde. When Ruiz re-met with Rifath Pasha, de Reys de Lyce. Ruiz told the news to Rifat Pasha, who had a happy smile on his face when he heard the news.

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