Chapter 596： Emperors Recipe (1/2)
Gilston wasn't dazzled by the good news in front of him, and it was good to swallow the interests of the Ottoman Empire, but to support the Ottoman Empire to contain Austria, it was not something the British family could do.
Now that the Ottoman Empire is declining, the Vienna government can stand idly by and let them do the work. As soon as the Ottoman Empire showed signs of change, things changed immediately.
If one day the Vienna government comes up with a whimsical idea to remove the nail behind it, the British will actually be out of reach.
The London government cannot fight for the Ottomans and Austria, regardless of the outcome, it will only be cheaper for the French.
Therefore, the launch of the French was the best option. Regardless of the role of the Ottoman Empire, as long as they existed, Austria would not be able to enter the European hegemony.
Unable to go all out, Austria naturally has no way to break through the region that hinders the unification of Germany. Even for its own strategic security, the Austrians must drag the French back.
Fao pulled his hind legs against each other, and the British could balance the two and achieve their strategic goals.
Macleans shook his head: ”Prime Minister, this may be a little troublesome. French financial circles are not optimistic about the Ottoman Empire. After the Second Near East War, French banks did not issue a loan to the Ottoman government.
When Napoleon III was in office, he had a bad relationship with the financial community, and he still has not eased. Even if the Paris government is willing to support the Ottoman Empire, they will not be able to spend too much money. ”
Regardless of the fact that the French financial community is a supporter of Napoleon III, there is no contradiction between the two sides. In fact, since Napoleon III encouraged the development of the real economy and the establishment of state-owned banks, the two sides have parted ways.
Originally, Napoleon III was ousted by financial capitalists. Now that there is no major defeat in the Franco-Prussian War, financial capitalists naturally have no strength to jump back.
However, it is an indisputable fact that the relationship between the financial community and the Paris government has deteriorated. After Napoleon IV succeeded, although the Paris government was noisy, it continued economically the policies of the Napoleon III era.
For example: levying heavy taxes on the financial industry, limiting the maximum interest rate on loans based on the legal situation, cracking down on financial speculation, and so on.
For national development, these practices are undoubtedly correct. But for financial capital, this hinders their financial path.
Of course, in this age of rapid economic development in France, financial capitalists have taken the biggest cake, but people will never be satisfied, especially capitalists.
The emperor thought that financial capital could make money by lying down, and had received enough benefits to be worthy of their contributions. However, financial capitalists did not think so.
No big picture or long-term development has anything to do with them. The capitalists just want to take away more benefits. What is the relationship between the development of the country and them?
The contradiction between the two sides thus arises, and the relationship becomes complicated.
On the one hand, the capitalists recognized Napoleon III's contribution to economic development; on the other hand, they objected to the restrictions imposed by Napoleon III, which prevented everyone from making money.
The most direct impact of the deterioration of the relationship between the two parties is that the Paris government's financing capacity has weakened. When you want to mobilize large amounts of capital, you must first obtain the approval of capitalists.
If both sides agree that they can make money, then everything is good to discuss. Conversely, the financial community is not cooperating.
Now the French financial community believes that providing loans to the Ottoman government is a high-risk business. Under this background, unless the Paris government personally guarantees, capitalists will not buy at all.
Of course, secret exchange of interests is also possible. Many international loans have been known from the outset whether they will not be returned for collection, or they will be released. That is the result of the exchange of benefits behind them.
For capitalists, even if loans become bad debts, losses can still be transferred out. For example: Get a vest company to take over the business and sell it to the public as a bond.
Every year, more than three-digit banks and securities companies in the world go bankrupt, a large part of which is intentional by capitalists. Anyway, executives and bosses have made money, and it is only ordinary investors who lose money in the end.
Gorston frowned: ”Then let the French participate in the currency issue of the Ottoman Empire. In addition to the tariffs we must get, we can make some concessions in other aspects.”
The capitalist is the hardest creature to deal with, and the easiest creature to deal with. As long as the benefits are in place, all problems are not problems.
The Prime Minister of Gullston initially promised that the French would train the Ottoman army, which is actually equivalent to giving up the arms market of the Ottoman Empire.
The ”arms trade” is huge profits, but the arms market in the Ottoman Empire is different. The biggest problem is that the Ottoman government has no money.
When the government has no money, it is naturally impossible to update its arms. This seemingly profitable market is actually a cake.