Junchen said as he walked, and the atmosphere was very relaxed and pleasant.

At this time

Viscount Dong Jie, the head of the inner court secretariat, hurriedly walked over with a report in his hand, and Richard stopped when he saw it, waiting for Dong Jie to arrive.

"Your Majesty, this is an urgent request from New Orleans for the 7th war loan of the United States of America submitted by a syndicate of syndicates that are being negotiated there." Dong Jie presented the report with a respectful expression.

Richard did not answer, but commanded in a surging voice; "It's not an unusual thing to put it simply."

"Wechen obeys the holy commandment; The joint syndicate signed and submitted by the Ministry of Finance to the effect that the United States of the Federal Republic of the United States was in short supply of money and was eager to raise a large amount of war loans, requesting a total loan of 250 million Tang yuan, and the loan given by the syndicate at an annual interest rate of 17.6% for a period of 25 years. ”

"How much is the cash portion?"

"Follow the rules and regulations, and pay 10% in cash."

"Hmph, you people who went to the south to do things in the banks and royal funds are all pig brains, and they were accidentally deceived and sold by the old people in the south, what does it mean to "follow the old rules"? In the past, a war loan of more than 120 million yuan was given 10 percent in cash and 90 percent of the goods, which is somewhat reasonable.

Now the appetite of the old people in the south is getting bigger and bigger, and they just borrowed 160 million yuan in September last year, and it has only been used up in half a year.

How much is 250 million yuan?

All the special wine bags and rice bags, participated in a few high-class drinking parties, played a few women and couldn't even find the southeast and northwest, and the royal family's money was not blown by the wind, so they were told to give 8 million in cash, and the rest was all discounted for the goods.

This time, the royal family wants to eat the lion's share, arrange for the internal affairs office to jointly purchase in the name of the royal family, and deliver it centrally, and anyone who dares to meddle in this matter will not be pardoned immediately.

The price will be handled according to the last delivery to the south, anyway, the south always wants to eat big households, so I will let them let go of their belly to eat, and see who dares to rely on my account?

With so much money, instead of raising those wine bags and rice bags and black-hearted capitalists, it is better to raise an army for this king.

I don't understand this thing, this group of people doesn't seem to be usable, and after they come back, they should be honorably retired, and those who are suspected of internal transactions will be sent to the Independent Commission Against Corruption for punishment, and they will be severely punished.

Since ancient times, wealth has touched people's hearts, but it is my royal family's money, and whoever dares to reach out will chop off his dog's paws. ”

Richard scolded with his head covered his face, Director Dong Jie was really wronged, this matter had nothing to do with him, and he didn't dare to raise his head when he was reprimanded.

But then again

This matter involves the royal holding fund under the Ministry of Internal Affairs, which is indeed inextricably linked to the secretariat, and once the huge war loan of 250 million yuan is confirmed, it will be a big piece of fat!

According to the current prices

As long as the entire goods worth fifty or sixty million yuan are sent to the old man in the south, the rest is a crazy price increase cost.

Domestic suppliers dare to raise prices wildly in the south, and there are banks, manufacturers, agents, major aristocrats and the military who intervene to share benefits and share gluttonous feasts, all of which have made a lot of money.

The royal family has a high stake in major banks, so it is natural to have a large share.

Nanfang Lao got goods worth 50 or 60 million yuan, but he had to repay the principal and interest according to a war loan of 250 million yuan, and the annual interest rate was as high as 17.6 percent, and there was a high penalty interest for overdue, and the repayment period was as long as 25 years.

This time, the royal family fund led the formation of a joint syndicate of major banks, and the royal family fund accounted for half of the money, and there were huge benefits in issuing high war loans to the United States and the Southern Union.

If you include the shares of the major banks controlled by the Ministry of Internal Affairs, accounting for more than 78%, the royal family almost single-handedly ate this huge war loan.

I won't do anything from now on

Only this 250 million Tang yuan loan interest can earn 35 million yuan a year, and even surpass the annual dividends and huge profits of the oil industry in which the royal family is a shareholder, and I can wake up with a smile when I really fall asleep.

Although the Confederate states won the battle of Kansas, the Northern fleet had blockaded New Orleans, and several naval battles had taken place, and the Northern fleet relied on the superiority of ships to suppress the southern attack, and planned to land in New Orleans to implement the north-south strategy.

While occupying the rich coastal areas of the South, it is indeed a vicious move to strangle and blockade the economic output of the South and to undermine its war potential.

As the war entered its third year, although the US-Southern Alliance had withstood the attack of the Northern Army, it had already seen that it was weak in its follow-up and had the possibility of losing the entire war.

If that's the case

After the victory, the Northern Federation of the United States turned its face and did not recognize people, and the 450 million Tang Yuan that the Tang royal family had already lent, plus this 250 million Tang Yuan, that is, all 700 million Tang Yuan had to be wasted, and these huge loans had a serious risk of losing all of them.

The Europeans have already sat down to watch the jokes, and all kinds of derogatory public opinion are endless, and in them, the Tang Kingdom seems to have become a big fool.

Even if the two sides reach a draw, with the current financial strength of the Southern Alliance of the United States, the economic level will return to the highest level before the war, and it will not be able to repay the war loan with a high interest of up to 700 million Tang Yuan.

Why can't you pay it back?

In 1858, the Tang Kingdom was driven by the strong demand of the American Civil War, and its economy grew rapidly, with an annual GDP of 1.624 billion Tang Yuan, much higher than the estimated economic value.

In 1858, the Kingdom Treasurer (Note; excluding the income of the royal house) income reached more than 9,370 yuan, an increase of 37% compared with the previous year, which is simply jaw-dropping.

This is because the price of old materials in the south has risen wildly, and these fictitious profits have to be taxed, so how can the tax growth not be high?

What is the size of the overall economy of the American South?

On the bright side

Various historical documents show that before the war, the industrial economy of the American South was only 15 million US dollars, about 110,000 workers, which seems to be only one percent of the US North's economic size of 1.5 billion US dollars, and the weakness is almost negligible.

But in fact, the southern United States is the "cotton kingdom of the world", supplying 75% of the cotton to the British cotton spinning industry, and widely supplying cotton to the cotton spinning industry in France and Germany, employing more than 8 million white people and 4 million black slaves, and the annual export value is as high as more than 87 million pounds, equivalent to 435 million US dollars.

So, the American South is nowhere near as weak as it seems, and the North is not as strong as the numbers seem.

In the original history

If it weren't for President Lincoln's announcement of the "Emancipation Proclamation" and the "Homestead Act", the two subversive policies that triggered the black people who yearn for freedom to desperately flee to the North to join the army regardless of life and death, and the military strength of the North has soared, the South will not be easily defeated by the North.

After the war, the Homestead Act sparked a frenzy of western development, and free blacks joined the industrialization army, otherwise the national strength that had been badly damaged in the civil war would not have recovered so quickly.

The world is different today

Lincoln hiccuped in advance, and there was no room and possibility for the implementation of the Homestead Law, because the west was now all the territory of the Tang Kingdom, how could it be possible for the United States to occupy it at will? That's just trying to eat fart.

Coupled with the fact that the south of the United States has the support of the Tang Kingdom, and the secret support of Britain and France, Richard is 9 out of 9 sure that the south will win the final victory, and he can't be wrong.

It's really not good, the Tang Kingdom will end up in person!

Anyway, this is a war that has been planned for a long time, and it is also a fateful battle for hegemony in North America, and sooner or later both sides will have to fight.

It is better to take advantage of the opportunity of the United States to be beaten half to death, and directly kill him as a disabled person, which saves time and effort.

So the South can't lose, and this account can't be relied upon.

However, how can the US allies afford to repay the high-interest war loan of up to 700 million yuan and the interest alone will exceed 100 million yuan per year?

Hehehe......

Here comes the play, and that's the problem.

Anyway, the debt owed is placed there, if you don't pay it back in January, there will be a month's interest, and there will be penalty interest if it is overdue, and the profits will roll up, anyway, the Tang Kingdom is not in a hurry.

If the old man in the south does not dare to fight, then sit down and talk slowly, and talk about the rearrangement of debts.

In order to show its sincerity, the Tang Kingdom can also reduce some of the original interest rates, after all, the scale of debt has snowballed several times, and even if the interest level is reduced, it will be very expensive.

The loan repayment period can be extended a little, such as 60 years or more, so that the annual repayment pressure is indeed smaller, but the principal with interest will be an incredible number.

Is it possible for the South to depreciate its currency?

In fact, it doesn't work, because the southern United States loans are Tang yuan, and the repayment of principal and interest needs to be paid in Tang yuan, and no one wants a piece of waste paper for those dollar bills issued by the southern states themselves.

The Tang Yuan is linked to the value of gold, the currency value is constant, and the purchasing power will rise strongly after the establishment of North American hegemony, which will further increase the burden of repayment of loan principal and interest on the old people in the south.

When they were really forced to do so, they could only sell their houses, land and assets, and after mortgaging their customs interests, they would mortgage port facilities, railways, and large territories, or simply sell them to pay off part of their debts.

As long as the southern elders are willing to talk, Richard sincerely welcomes them.

With this huge loan to win the Civil War, Richard was able to eat the old man in the south for 100 years, and a spicy man is so ruthless!

After a reprimand

Several big old men in the military department shrank their heads into ostriches, His Majesty is really afraid when he is angry, and his aura is so powerful that it is difficult to breathe, although everyone is very familiar with Dong Gongbao on weekdays, but he does not dare to set himself on fire at this time.

Richard was not angry with Dong Jie, he waved his hand after a reprimand, and his face improved a lot and said; "Okay, the secretariat is the eyes and ears and hands and feet of this king, and you usually care more about the internal affairs office, so you will do as I say."

"Your Majesty is thunderous and angry, and Weichen deserves death."

"Strictly speaking, you have also suffered on behalf of others, I will allow you to get it back this time, just start a little measured, go and do things."

"In accordance with His Majesty's orders, Weichen will retire." Viscount Dong Jie's face was full of cold sweat when he was scolded, and he staggered back.

Several ministers of the military department looked at each other and were speechless.

Dong Jie's meal is very hard, presumably those people in the Internal Affairs Office and major banks will suffer from the crazy anger of the Prime Minister, it is inevitable to change a batch of blood, and some middle- and upper-level dignitaries will lose their heads.

Failing to do things effectively, blinding the Holy Hearing, and privately conveying benefits is a sin that deserves death.

Why is Your Majesty angry?

It is the four words "follow the old routine", and so many smart people from the royal family fund and a group of bank executives who went to New Orleans to negotiate, did no one see the problem with the four words "follow the old routine"?

The ratio of 250 million yuan is 25 million, who stipulated this "old example"?

This is clearly to deceive the Holy Hearing, and his heart should be punished!

These stupid birds who think they are smart don't want to think about it, today's saint is a rare saint in the past and present, and Guan Gong is playing a big knife in front of him...... One by one, they are purely tired.

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