Chapter 489： The root of the industrial revolution-cost (1/2)

After Christmas, Britain and Austria have acknowledged the French Empire, which is a default for the annexation of Italy by France.

Affected by this, European countries also recognized the legitimacy of France in 1871 and resumed diplomatic relations with France. Napoleon III finally got rid of diplomatic dilemmas.

The international tension surrounding the annexation of Italy by France ended here. But the impact is far-reaching.

Undercurrents began to surge, ambitionists became active, expansion became the theme of the times, and many small European countries lost their sense of security.

The era of imperialism has come to an end, and the French's approach this time has once again refreshed the bottom line of the powers. From now on, powerful nations can annex a sovereign state without any excuses.

The shame is no longer needed. Weak meat and strong food have never been so vivid. The rules of the game have become even more detrimental to weak countries.

I don't know who released the news of the alliance between Britain, France and Austria, which has made the international situation that has just eased again tense. At this moment, the rest of the European countries could not sit still, and the foreign ministries of the three countries, Britain, France and Austria, were lively.

Even Alexander II, who was busy with internal reforms, personally sent a telegram asking. It's impossible to keep it secret. Both Britain and France have publicly acknowledged that alliance negotiations are underway.

Originally intended to use this alliance to increase Austria's influence in the world, Franz naturally would not make a superfluous denial.

It doesn't matter what Alexander II would think. Not to mention the semi-dead Russian Empire, even the peak Russian Empire had to retreat from the Three Kingdoms Alliance.

A formal alliance treaty between the three countries has not been signed, and discussions have started on the issue of building a new international situation.

In front of the interests, everyone can't resist the temptation to formulate a game rule that is beneficial to them, which is also the best interest.

Even Franz, who had little interest in the three-nation alliance, was very interested in establishing a new international order.

Austria has experience in this area and has dominated the Vienna system twice. A set of rules of the game that is beneficial to itself does not bring less benefits than any colony.

Now everyone needs a stable Europe, the British need a continental balance, the French want to digest the results, and Austria needs time to continue to develop.

Other countries are no exception. The Kingdom of Prussia needs to digest the fruits of the war, the Russians are busy reforming, let alone small countries, and everyone wants a stable Europe.

With the common will of everyone, a new international order is coming out. This time it is more cruel than ever. After the three major countries make the rules, all countries will comply.

Second-class powers Prussia, Russia, and the Nordic Federation also have a certain voice, and more small nations are completely reduced to echoes.

As one of the vested interests, Franz did not mean to quarrel for them.

Now he is busy carrying out economic reforms. Compared with the first industrial revolution, the second industrial revolution has still changed. Certain economic policies in the past have now become out of date.

Later generations of the well-known ”Austrian economics school” also began to emerge, but still stuck in a bud. Perhaps because of the butterfly effect, the environment has changed, or it has changed.

Franz didn't know exactly what was going on. He is not studying economics and he is not very clear about these issues.

In the days when the free market economy flourished, Austria's economic policy was already considered positive, but of course this positive effect was also very limited.

The market is mainly developed freely. The government just provides a sound infrastructure. When necessary, some incentives are formulated.

As long as you have the money, you can enter any industry field, and whether you can survive is your problem.

As a pragmatist, Franz has always pursued ”the best fit is the best.” Within the larger framework, economic measures are not exactly the same everywhere in Austria.

Different regions have different development directions and require different policies. If it bothers the central government, it won't be too busy.

The Vienna Palace, which decided that Austria's economic report conference for the next ten years is being held, and this economic reform is only a fine-tuning.

Generally speaking, the previous economic policy is still used. Only the individual industries need to be changed, and the coverage is small.

Economic Secretary Andrew analyzed: ”In the past two years, the domestic economic development has generally been in a good condition, and the economic growth rate has remained at 7.8%.

It is worth noting that the growth rate of the new energy industry, mainly the power industry, is particularly prominent. From 1868, the scale of the SHIELD industry has rapidly climbed to the current 200 million SHIELD.

The entire industrial chain involves multiple fields, driving upstream industries including copper smelting, rubber, power generation equipment manufacturing, and downstream hardware accessories, electrical machinery and equipment, transportation and other industries.

638,000 new jobs were created, which made a significant contribution to getting rid of the economic crisis. The most typical is the copper smelting industry in the Saxony and Balkan regions, which have achieved significant breakthroughs in production capacity.

The Ministry of Economy believes that in the future, power and energy will become the largest economic growth point.

At present, only domestic Vienna has fully popularized electric lighting. Although Frankfurt, Munich, Venice, Milan and other cities have launched projects, it will take some time to complete.

In Africa, we have found many copper mines, all of which are rich in ore quality. The reserves are more than the total copper mines being mined in continental Europe.

We have built domestic shipyards to build large-scale mine carriers of 20,000 to 30,000 tons without any technical problems. Transportation costs can also be reduced, and copper, which restricts the spread of electricity, can be resolved immediately.