Faced with a series of banks falling like dominoes, the then fifteenth president of the United States of America, James Brown. Buchanan couldn't sit still, either.

As president, he never imagined that just eight months after he took over as president, the United States of America would experience a drop in food prices and stocks, and the bankruptcy of banks and factories.

The succession of bad news was like a bolt from the blue for him, the latest president, who had wanted to serve for eight years, but now he no longer had the luxury of expecting the government to smooth out the transition during his tenure, so that he would not be infamous after the end of his term.

However, as far as the current economic situation is concerned, James. The chances of Cannan not being infamous were too low.

In order to save the economy that is in decline, James. Buchanan sent people to the British embassy overnight, despite his aged health (Buchanan was 66 years old), and now he pinned his hopes for saving the economy on British aid.

So, the British ambassador who was sleeping was killed by James. The messenger sent by Buchanan woke up directly.

After the envoy explained his intentions, the British ambassador to the United States of America reluctantly followed James Murphy. Ambassador Buchanan travels to the White House.

Upon arrival at the White House with James. The British ambassador with whom President Buchanan met did not humble or arrogantly addressed James Brown. Buchanan bowed, and then said, "Mr. President, I wonder if there is any important time when you called me in the middle of the night?" ”

James. Buchanan immediately pleaded with the Kingdom of Britain to come to the aid of the United States, whose economy would sooner or later face the risk of total collapse.

To James. At Buchanan's request, the British ambassador modestly stated that he was just an ordinary ambassador and had no other rights.

If the United States of America wanted to borrow money, it should talk to the British bank in Washington, D.C., and if the bank agreed to the United States of America's request for borrowing, the United States of America could borrow as much as it wanted.

In the face of the British ambassador's modest response, James . A wry smile appeared on Buchanan's lips.

If it is really possible to borrow money on a commercial level, then why would Buchanan invite the British ambassador here to talk.

"Mr. Ambassador, a lot has happened in the United States of America in recent times, which has led to the bankruptcy of some banks and factories!" James. Buchanan minimized the damage done now, and then made the harm of the future greater: "If the world is not saved in time, more banks and businesses will go bankrupt in the United States of America."

At that time, it is bound to be possible to implicate the Kingdom of Britain. ”

After hearing this, the British ambassador replied with a cold attitude: "Your Excellency, even if it is possible for the economy of the United States of America to affect the Kingdom of Britain, it is a matter for the future!"

Now I only see factories and banks in the United States of America falling one after another, and they are falling much faster than they can be built!

Even if I am willing to match you up, but in such a situation, which bank is willing to lend you money! ”

"We can issue Treasury bonds!" James. Buchanan proposed a solution by raising some of the money by issuing Treasury bonds, which he would then put into the market of the United States of America.

James at this time. Buchanan believes that as long as they can contain the economic downturn, the market in the United States of America will be able to regain confidence.

When the time comes, there will be a massive influx of overseas investment.

Of course, it's just James. Buchanan is just wishful thinking, and the economic crisis is not so simple to solve.

Even Roosevelt's New Deal, which was later implemented in exchange for work, was only a temporary postponement of the economic crisis.

"Your Excellency, the issuance of treasury bonds is indeed a good idea!" The British ambassador nodded in acknowledgement before continuing, "But are you sure your proposal will be accepted by the Senate?"

Those members of the Senate...... Will parliamentarians from the South, in particular, really agree? ”

James. Buchanan's expression froze, and his eyes darkened.

The British ambassador was right, his proposal to issue a treasury bond did look good, but the southern parliamentarians would never agree to their policy.

James. Buchanan's policy amounted to borrowing money from the South to meet the needs of the industrial capitalists of the North.

This is because the biggest loan recipients of banks are not slave owners, but factory owners.

Although the profits from the output of the land are stable, they are far less than the profits of the factories, and most banks like to lend money to the factories.

Moreover, some time ago, there was also a crisis caused by the fall in food prices in the south, and at that time, there was also a proposal to subsidize the damaged slave owners in the south, but it was still rejected by the northern legislators.

Now that feng shui is turning, it is still reasonable for the southern legislators to veto the proposals of the northern legislators.

"Mr. Ambassador, thank you for your hard work!" James. Buchanan said to the British ambassador in a slightly lost tone.

The British ambassador paid tribute to James. Buchanan bowed and responded, "Your Excellency, it's nothing!"

I also hope that the crisis in your country will be resolved as soon as possible, as you have just said, not only in the United States of America, but also in the Kingdom of Britain, and indeed in Europe as a whole! ”

After the British ambassador left, James . . . Buchanan paced back and forth several times.

After careful consideration, James. Buchanan still wants to try to issue Treasury bonds.

Immediately after, James. Buchanan also approached the Minister of Finance to inquire about the issuance of Treasury bonds.

The Secretary of the Treasury told James. Buchanan, the Treasury Department cannot issue government bonds without the authorization of both houses.

"Do we want to watch the economy of the United States go into decay step by step?" James. Buchanan said to the Treasury Secretary with a hint of sadness.

"Your Excellency, it's a pity! There's nothing we can do! The Secretary of the Treasury likewise sighed and said to James. Buchanan responded.

"I see!" James. Buchanan waved his hand in despair, "It's hard for you to run!" ”

Another 62 of the 63 banks in New York City announced the end of the system, and they briefly raised the discount to a daunting 65 percent.

Such a discount is no different from bankruptcy.

Almost every day, you can see a destitute gentleman leaping from a tall building.

The economic downturn has led to a lot of confusion among the inhabitants of the United States of America. The Buchanan government became increasingly dissatisfied, and its prestige began to decline, while the contradictions between the North and the South became more and more irreconcilable.

Members of Parliament from the North blamed the Southern Legislators for causing the economic crisis, and they gave the reason that the Southern Legislators had been voting against the tariff hikes, which had led to unhindered access to the markets of the United States of America for goods from the Kingdom of Britain.

The southern legislators will naturally not admit that it is their own fault in the face of the accusations of the northern legislators, and they also accuse the northern legislators that it is precisely because of their uncontrolled production that this economic crisis has arisen, and the entry of goods from the Kingdom of Britain into the market of the United States of America is only a fuse.

At the same time as the North and South legislators were spraying each other in the Parliament, the newspapers of the slave states and the free states also began to smear each other.

The free states angrily denounced the slave states for engaging in feudalism in the United States, and the slave states angrily denounced the free states for carelessly managing human life.

Both newspapers showed each other's black faces, and many of the originally neutral people also began to become radical under the influence of the newspapers.

As a result, some abolitionists, who were slightly less ideologically motivated, went into action.

Taken by John. The abolitionists, represented by Brown, began to plan an uprising aimed at emancipating slaves in the slave-holding states.

When he told the plan of the uprising to those who had a grudge against the slave-holding states and those who were deliberately trying to stir up contradictions between the North and the South, he immediately received a generous contribution from them, the most important of which was an abolitionist from France.

Relying on him alone, for John. Brown provided $50,000 in funding and nearly 100 guns.

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