Chapter 505： Moving interest (1/2)

The Benjamin cabinet has been in a political vortex since the British-Irish War. Not to mention considering re-election, it takes effort to complete this term.

The colonial ministry took responsibility for this. Colonial Minister Louis and Cape Town Governor Delphi resigned at the same time. The opposition still refused to stop, catching this issue and chasing after it.

If the ”Three Nations Alliance” had not attracted the public's attention and shifted the focus of public opinion, chances are that Tangning Street has now changed its owner.

This is not enough. If you want to cover up this stain, the cabinet must also make greater achievements in politics and diplomacy.

Relations with Russia are also part of it. Capitalists need to open the Russian market and earn more profits.

In this context, Alexandrovich's visit to London was naturally welcomed by the London government.

...

”His Royal Highness, we agree in principle that your country wants to borrow. As long as you can persuade bankers, it won't matter how much you borrow.”

Foreign Minister McLean personally said that this is his true idea. As long as the Russians can convince bankers, the London government will not interfere, no matter how much money they borrow.

Alexandrovich frowned, and if he could persuade bankers, he wouldn't have to deal with the British Foreign Office.

”My Excellency, we are now in trouble and need the help of your government.”

When he said this, Alessandrovich was deeply stimulated in his heart. He wanted the Crown Prince to be inferior for a loan.

No way, people have to bow their heads under the eaves. If you don't do it yourself, Alexandrovich is sure that the bureaucracy of the Ministry of Foreign Affairs will have absolutely no way to tell the results.

This is not their incompetence, mainly because the British want to come to a political show to enhance the government's reputation among the people.

Compared with officials of the Ministry of Foreign Affairs, talking with him as the Crown Prince can add more topicality.

Alexandrovich also needs this qualification to increase his prestige in the country.

Minister of Foreign Affairs McLean smiled calmly and said calmly: ”We are also happy to help friends, but now we have a little trouble.

The tariff barriers set up by your government have seriously affected the normal operation of relations between the two countries. If your country can join the free trade system, then these are not a problem.

This is a win-win option. Once you join the free trade system, your agricultural exports will not be subject to any restrictions. It is of great help to solve your country's financial problems. ”

Free trade system, which was proposed by the British in order to open the markets of European countries. While expanding the British commodity market, it is also accompanied by the pound-gold settlement system, or the implementation of currency hegemony.

At present, the Russians still implement the gold-silver complex standard system. Once they have joined this system, they must reform the gold standard currency system.

The tsarist government's monetary system reform has already begun, but it has always been carried out with the help of Austria. As the relationship between the two countries has been cold, the Russians' monetary reforms have also stalled.

This allowed the British to see the opportunity and wanted to take the opportunity to replace it. The Aegis-the gold system that the Russians stepped in from half a foot-into the sterling-gold system, thus opening up the distance from competitors.

Three international systems are popular in the international currency market today: the pound-gold system, the Aegis-gold system, and the franc-gold and silver system.

There is no doubt that the British have two major gold producing places in Canada and Australia. With so many colonial plunders accumulated, the pound-gold system naturally prevails.

Followed closely by the Aegis-Gold system, Austria's domestic gold production is not low, and the addition of gold from the African continent also occupies an important position in the international currency market.

However, there is still a long way to go before the British. In order to fill this gap, the Vienna government has always attracted Russians to join.

However, Alexander II did not want to be a younger brother, and this issue has not been discussed. After the Tsarist government's financial crisis broke out, the two sides started negotiations again. However, the gap between the two sides was too large, and it still ended.

In contrast, the French gold and silver standard system is more tragic. France's gold production was too low to meet demand and had to adopt a re-standard system.

Although most countries in this era have a mixed standard, the value of gold and silver coins often changes, which brings great difficulties to settlement.

To maintain the stability of the value of the franc, the French also worked hard. However, this still cannot stop the fact that silver has depreciated.

The gold standard is insufficient, and the silver standard is overcapacity. The silver output in this era has begun to skyrocket, and the growth rate far exceeds the growth rate of social wealth.

Alexandrovich was silent, and joining the British-led free trade system involved too much, and it was not his decision at all.

Don't look at McLean's loan is not a problem. It sounds very good. In fact, the problem is huge.

Besides, if the tariff protection is lost, can Russia's fragile industry and commerce survive?

Why is there no industrial power in the British free trade system? It's not worrying, it has been hit by the domestic industry and commerce. In this era, British manufacturing is a guarantee of quality.

Economically and politically. In joining the British-led free trade system, Austria's response must also be considered.