"You!"

Viscount Gladstone slapped the table angrily, but was stopped by Earl Karen on the side:

"Speaker Gladstone, let this be the end of the matter! No one but Your Majesty or your immediate superior lord can prevent a lord from exercising his natural powers, and those dirty rats in the sewers are not worth your wrath."

Those guys are rats, but they're also rats of the Eugene family!

Viscount Gladstone was about to retort like this, but he suddenly calmed down when he saw the calm faces of the other Speakers, especially Empress Dorothy, and the reactions of the councillors in the audience who seemed to be biased in favor of Charlin.

During this period of time, because of the news that under the influence of Charlene Carr, Her Majesty the Empress will formally establish the Council of the Commercial Alliance as the Imperial Council, enjoying legislative and supervisory powers, Charlin's prestige within the alliance has risen, coupled with the natural recognition of the nobles with the power of leadership, he has lost all his hearts in this round of conflict.

"I see, let's change the subject!"

Viscount Gladstone compromised, but some doubts arose in his heart. Previously, the cooperation between the New Leaf Chamber of Commerce and the Eugene Chamber of Commerce was quite smooth, and the relationship between the two sides could even be called close, why did Xia Lin want to go toe-to-toe with him like this now?

"Then let Councilor Charin explain his vision for the Imperial Council!"

Empress Dorosia saw that Viscount Gladstone had died down, nodded, and immediately shouted out to Xia Lin in the surprised eyes of everyone, and the partiality in this statement made many members present discuss it, and Viscount Gladstone's face suddenly became ugly.

"Then the next issue is the issue of the subscription of government bonds and the establishment of the two chambers of parliament, which everyone is most concerned about.

Her Majesty the Empress will set up the Imperial Bank in the name of the Mahlica Royalty with reference to the Union Commercial Bank, and ten days later, on March 15, the issuance of government bonds totalling 250,000 gold lundes, which can be subscribed for at a minimum of 10 gold lun units at an interest rate of 3.35 per cent for a period of three years.

That is to say, for every ten gold lunt treasury bonds purchased, after three years, the purchaser can rely on the voucher to obtain a profit of one gold lun and five copper pes, and a return of the principal of ten gold lundes."

Xia Lin paused, let the councillors behind him digest what they had just said, and continued:

"As for the specific form of the two chambers, it will be formed with reference to the current Union Parliament, but the parliament will be divided into the upper house and the lower house, the upper house has legislative and veto powers, and the lower house has financial and administrative oversight.

Among the members of the Chamber of Commerce present, a minimum subscription of 300 gold lunt treasury bonds can obtain the status of a member of the House of Commons, and a minimum subscription of 1,000 gold lunt treasury bonds can obtain the status of a member of the upper house.

Each House elects a corresponding number of Speakers by anonymous ballot on a 1% basis, with the same powers as our current Speakers of the Coalition Parliament, each serving a term of three years, and Her Majesty the Queen has one veto power over laws passed by the House of Lords.

All other details have been written down in the proposal that has just been distributed to the Legislators."

The final version of the Imperial Council was not much different from what Charlin had previously discussed with Empress Dorothy, except that Empress Dorothy had one more veto power.

….

"Three hundred gold in exchange for a useless seat in the House of Commons? It's too expensive!"

"The seats in the House of Lords cost 1,000 gold lundes? I'm afraid that apart from the forty or so large chambers of commerce, few of those present will be able to sit in the House of Lords!"

After listening to Xia Lin's speech, the parliamentarians in the audience began to discuss one after another according to the plan distributed by the waiters in the opera house just now.

"Don't make mistake about it, treasury bonds are also a kind of debt, and we are not asking everyone to donate money for free, but it is equivalent to everyone saving a three-year low-interest rate fixed term in the commercial bank of the alliance, and after maturity, it will be returned to everyone with interest!"

Earl Stewart, who was most concerned about the issuance of the treasury bonds, immediately got up and corrected when he heard the following words.

"Earl Stewart

, even so, the threshold of three hundred gold lunt is inevitably too high! If this is the case, many of our members will not even be able to enter the House of Commons!"

A councillor wearing an aristocratic dress stood up in the audience and complained dissatisfiedly, and many other representatives of small nobles and small chambers of commerce also spoke out in agreement.

"This is very easy to solve, if you have difficulties in cash flow, you can ask me and Viscount Xia Lin for help.

We don't need a penny of interest, we just need some property and the ownership of the treasury bonds you have purchased as collateral, and a small condition, and we are willing to lend you this money!"

Ellen Greg stood up in time and said with a smile on his face.

This was also Charlin's idea, and after making sure that Empress Dorothea had accepted his proposal, Charlin approached his traditional partner, Ellen Greg, to seek cooperation.

The development and production of Xinglan Industrial Park has brought huge profits, even if the New Leaf Chamber of Commerce has vigorously invested in infrastructure in various fields for half a year, there will still be a surplus of more than 7,000 gold lunt at the end of the year, and the Greg Chamber of Commerce only focuses on its own development in the textile industry, and the scale of today's business is naturally even more incomparable.

Taking advantage of the new machines, the Greg Chamber of Commerce, together with the many enlightened chambers of the Textile Guild, has established more than 50 spinning and textile factories on both sides of the Seine River in Helgana, employing more than 5,000 people to work for them.

As a result, the cotton, cotton yarn, and cloth markets in the imperial capital have undergone violent turmoil, the price of raw materials has risen all the way, and the price of products has been falling all the way.

Under such circumstances, the Greg Chamber of Commerce did not dare to continue to expand without thinking, so it could only maintain its current scale and plan to sign cotton sales and purchase agreements with some manor owners and free farmers in some areas suitable for growing cotton after the beginning of spring, according to the method provided by Xia Lin when he proposed the agricultural cooperative, so as to expand and stabilize the source of raw materials.

Because of this, the nearly 20,000 gold lunt earned by the Greg Chamber of Commerce in the past six months is nowhere to be used, and the cooperation reached between Xia Lin and them is naturally to take advantage of this opportunity to get a cheap industrial mortgage from the alliance member chambers of commerce, and at the same time, according to the rules set by Her Majesty the Empress with reference to Xia Lin's proposal, try to occupy the seats of the two houses as much as possible, and lay a good foundation for the follow-up plan.

As for politics, although Xia Lin is just a hairy boy who knows a little about the skin, under the influence of a few volumes of dragon slaying techniques and the superficial historical knowledge obtained from the mouths of forum sailors, his level is also much higher than this group of alliance members who don't even know what the meaning of the council is, and most of them are still in the era of palace politics.

In this bicameral parliament, in fact, whoever has more seats has more say, and the seats are ultimately a matter of people and money.

With the help of the Greg Chamber of Commerce, which now rules the Textile Guild, Xia Lin doesn't have to care at all.

In human terms, Xia Lin naturally aimed at the small chambers of commerce and small nobles among the three hundred and seventy-six members who could not get seats because of the financial threshold.

Relying on the more than 34,000 gold lunds raised by Xia Lin and the Greg Chamber of Commerce in the Textile Guild, it is enough to control at least 34 seats in the House of Lords, which can already account for more than 20% of all seats in the House of Lords in Xia Lin's estimates, and even if there is no way to completely control the parliament, it will be a powerful force at that time.

My Magical Industries.

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