Chapter 657: The Wise Man Baldwin
The losses at the Benz Automobile Plant are bad news, but it is not Arthur who has the biggest headache at this time.
After all, Arthur only owns half of the dividends and earnings of each branch, and most of the real shares are in the hands of local nobles and capitalists.
At least Arthur of the British and German car factories had no need to worry at all, and those British and German aristocrats were more worried than Arthur, and they would never sit idly by and watch the car factories go bankrupt.
As for the Benz automobile plant in Australasia and the United States, such losses are acceptable to Arthur.
After all, the cars are only backlogged in warehouses, sealed for a few years, and then they can be sold to the Americans at the original price.
The big deal is that it can be the same as other American companies, and it is the US government that has a big deal to lay off employees, because most of the workers are Americans, and it is the US government that has a headache after the layoffs.
As for the main plant, there is no need to lay off employees.
For the time being, domestic cars can be dispensed with, and car factories can start the construction of military trucks.
It is just right to take advantage of this time to strengthen the mechanization of the Australasian army, and in Europe and the United States, where roads are more developed, military trucks can play a significant role.
Yes, Arthur is already planning a war against the United States and Europe.
This does not mean that Arthur wants to take the initiative to start a war with some European countries or the United States, but due precautions must be done.
History has shown that Germany, which has been transferred to the crisis, will not swallow its anger. The Germans had long attached the hatred of the annexed territories to the French, and with the fact that Britain and France were passing on the economic crisis, the Germans would definitely make a move.
Even if Hitler had not risen to power, there would have been other extremists who would have been embraced by angry Germans and pushed Germany into the tide of war.
This trend is unstoppable, unless there is a country that can withstand the economic crisis in Germany and give the Germans a breather.
Then the French let the Germans beat them up again and return Alsace and Lorraine.
But is it possible? The French would not agree, and the British would not sit idly by and watch the former German Empire reappear.
After all, the current European hegemon France is just an empty shelf, and the former Germany is really the European hegemon, the kind without a trace of moisture.
However, both the war against Germany and the United States inevitably required the support of the British Empire.
These two imaginary enemies are located thousands of miles away on other continents, and Australasia cannot pose a threat to these two countries without the support of Britain, which has the largest navy.
But come to think of it, whether it was a war against Germany or a war against the United States, it must have been a multi-country war.
It is not impossible for many countries to unite to carve up the United States, after all, the current situation of the United States is not very good, and there is even a risk of civil war.
August 23, 1926, London, England, Prime Minister's Office.
The current Prime Minister of the United Kingdom is Conservative Stanley Baldwin, a relatively familiar guy.
Sitting on his throne as prime minister, looking at the cabinet members around him, Prime Minister Baldwin asked with a gloomy face, "Guys, how is the situation now?" ”
"Your Excellency Prime Minister, Germany and the United States have announced the suspension of reparations payments, and the island countries seem to have the intention of suspending the payment of international debts. In such a situation, the stock market is afraid to fall again, which is probably a long-lasting disaster. The Chancellor of the Exchequer said stubbornly.
What's worse is that this kind of debt default is not the emergence of Germany and the United States, almost all countries have the intention of terminating loan payments, after all, they can't open the pot at home.
In the face of debt defaults and state bankruptcies, the officials of these countries are still smart. After all, one is to damage the country's international influence, and the other is to directly damage the government's credibility in the private sector.
"Damn, the United States and Germany are the hardest hit areas of the economic crisis, how dare the island countries stop paying their international debts?" Prime Minister Baldwin asked with an ugly look on his face.
Although Britain had long since terminated its cooperation with the island nations, some economic ties could not be easily severed.
Even though the United States is most hurt by the island countries' announcement to stop paying international debts, it also has some impact on the United Kingdom, especially for its domestic financial institutions.
Financial institutions are already barely able to sustain themselves, foreign debts can no longer be recovered, and the domestic financial system will collapse sooner or later.
"Your Excellency, Prime Minister, there is no time to care about the fall of the stock market now. The most important thing now is to stabilize the country's financial institutions and ensure that no more factories and banks will go bankrupt as a result of the crisis. "The Chancellor of the Exchequer tried to suggest.
Although the stock market is still falling, how far can it fall? What's more, London's stock market is still under some control, and some companies have been delisted before the economic crisis erupts, and the disaster in the stock market is not as serious as imagined.
Compared with bailing out the stock market, those financial institutions are the ones that should be bailed out the most. Because financial institutions control not only the life and death of those factories and enterprises, but also the life and death of a large number of unemployed people.
If financial institutions go bankrupt in a crisis, it will be equivalent to the disappearance of the money that people have deposited in banks.
With the loss of income and the loss of their jobs, riots are inevitable.
This is a heavy blow to the government and may even directly affect the stability of the government.
"What is the approximate number of unemployed people we have right now?" Baldwin rubbed his brow in his palm, and asked with a heavy face.
"It's not good, Your Excellency, Prime Minister." The Secretary of State said with some dismay: "Even though we are already maintaining more businesses, we still can't stop a large number of companies from going crazy to lay off workers.
We currently estimate that there are at least two million unemployed people in London and even more nationally. ”
"Damn, how can there be so many unemployed?" Prime Minister Baldwin couldn't control his emotions and asked in surprise.
"After the economic crisis broke out, those big companies were going crazy to lay off employees to save their own expenses. According to our projections, the number of layoffs is far greater than the number of people who lost their jobs because of the bankruptcy of the company, which is the real reason for the skyrocketing number of unemployed people. The Home Secretary said with an ugly face.
"These damn capitalists." Prime Minister Baldwin instantly understood the reason, and said a little angrily but helplessly.
A large number of layoffs must be large enterprises controlled by capitalists, after all, small and medium-sized enterprises basically cannot withstand the first wave of shock, and most of them have gone bankrupt.
Although he knew that the capitalists were behind all this, Prime Minister Baldwin obviously did not have a good way to deal with those capitalists.
Although Britain is a monarchy, it is a constitutional monarchy, and the capitalists still hold considerable power.
While he may pose a threat to the capitalists during his tenure as prime minister, how long can he last as prime minister?
Even those capitalists who can use their funds to get a large number of parliamentarians to remove the prime minister, how can Baldwin, without the post of prime minister, resist the huge capitalist class?
This is also the status quo in most European countries, where when the monarch loses power, the power of the government is effectively controlled by the capitalists.
The capitalists gradually had a say in the government, and the people's lives were not as good as they were during the monarchy.
If it weren't for the fact that the United States and the Soviet Union propagated a lot of ideas about freedom and democracy after World War II, which led to the rampant human rights and nationalism, I am afraid that the lives of the people in European countries would not be so good.
"How many people will we be able to distribute our relief food?" Prime Minister Baldwin asked.
Since the beginning of the economic crisis, the British government has begun to distribute relief food to the unemployed.
After all, London is a huge city with a population of more than 7.5 million, and there are so many urban people that they have no income or food to harvest without their jobs.
If they are not given relief food, I am afraid that within a week, these people will be starved to the bones and scattered in the streets.
"The rate of our handouts is about 10 pounds of food, one liter of milk, and one pound of meat per family every four days. Based on the number of recent relief food recipients, about 750,000 families are receiving our relief food, and the number is still growing. The Home Secretary carefully reviewed the data and then reported it back to Prime Minister Baldwin.
Prime Minister Baldwin rubbed his brow and asked, "Are our food reserves still enough?" ”
"It's enough for the time being, but it shouldn't last long." The Home Secretary replied: "It is very difficult to get supplies evenly to every region, and it is not easy to maintain supplies in London alone. ”
Prime Minister Baldwin nodded and said helplessly: "Australasia should have enough grain and meat production, right?" It's time for allies to give and let them provide us with a lot of food and meat, remembering the pre-crisis cost price. ”
"I'm afraid the Australasian won't agree, right?" The Home Secretary asked with some hesitation.
"We have to try not to let our allies take advantage of the economic crisis. Didn't they massively attract immigrants from our unemployed? Tell Australasia that we support them in attracting immigrants in large numbers from our unemployed population, and that we can even offer to send immigrants to them. But we also have a demand that they provide us with a large amount of grain and meat at cost price, which is our friendly cooperation between our allies. Prime Minister Baldwin said with a smile.
In Prime Minister Baldwin's view, this was a plan to kill two birds with one stone. It can not only transport a large number of troublesome unemployed people to Australasia, but also obtain a large amount of food and meat from Australasia to relieve the unemployed people in the country.
In this way, the crisis caused by the country's unemployment population can be easily resolved, at least for the time being, his premiership is not risky.
As for the loss of population caused by the massive migration to Australasia, Prime Minister Baldwin is not very concerned.
After all, the population of the British Empire is as high as more than 40 million, and the population of the colonies is hundreds of millions.
This is not unacceptable if it were only to lose hundreds of thousands or millions of migrants, especially given that the economic crisis has led to a sharp increase in unemployment.
If these unemployed people are allowed to stay in Britain, it will inevitably cause more trouble, and it will jeopardize the rule of the British government.
Prime Minister Baldwin thinks he is still very smart, Australasia is crazy to attract immigrants in various countries, and he will definitely not eat many British immigrants.
If it were just a few hundred thousand unemployed people in exchange for a large amount of grain and meat, it would be a very good deal, and Prime Minister Baldwin's name would be on the British Prime Minister's Honor Roll, and the way he dealt with the economic crisis would go down in history as the outstanding achievement of his premiership.
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(End of chapter)