Chapter 646: Russia-Austria League disintegrates (2/2)

No collateral? This is impossible. Anyway, it's also a country. How could it not have a family member? Really not, isn't there any land?

”Reliance on accounts”, not to mention worry. It is still the 19th century, and more than one thing happened with armed debt collection. Unless the Russian is a giant, the cost of debt collection is too high, and everyone can only admit it.

...

Foreign Minister Weissenberg: ”His Majesty, our covenant with the Russians expires in only three months. The negotiators already sent by the Tsarist government have arrived in Vienna.”

Whether to come to the Russian-Olympic League again, the Vienna government is also divided. Including Franz, he swayed several times halfway.

It's not that everyone's will is unsteady, but in the final analysis, it's their interests. Whether it is to continue the alliance or to abandon the alliance, there are a lot of benefits in it.

After so many years, the economies of Russia and Austria have been virtually tied together. Austria imported industrial raw materials from Russia, processed them into products and sold them back to the Russian Empire.

Since 1854, Russia and Austria have become each other's most important economic partners. At its peak, trade with Russia once occupied two-thirds of Austria's total foreign trade.

With the rapid development of the Austrian economy, Austrian industrial and commercial products continue to open up new markets, and this number has begun to decline year by year.

Even now, trade with Russia is still the most important part of Austria's foreign trade, accounting for 29.7% of Austria's total import and export trade.

If the Russian economy had not kept pace, and the domestic market was growing too slowly, this proportion would have been even greater.

There is no doubt that the Russian-Austrian alliance has made important contributions to the economic exchanges between the two countries and promoted trade between the two countries.

There are advantages and disadvantages, and the Russian-Austrian alliance has also restricted Austria's expansion. For example, during the Russian-Prussian War, the government of Vienna lost the opportunity to take down the tsarist government.

Restrictions on further expansion can only be regarded as minor problems. The European continent is not big, and expansion is not much, but it is a lot of trouble.

Mainly international image issues, the Russians hate too much. The existence of the Russian-Austrian alliance has allowed Austria to share the pressure.

This leaves the Vienna government, which has always been good at flexible diplomacy, frustrated, and often has no room to play.

Economic gains are not for nothing, Austria is also Russia's largest creditor.

Borrowing money is just fine, but the tsarist government has a bad reputation. Often it fails to perform properly, and it depends on a lot of Austria's debt.

It is definitely the most hateful thing to owe debt. The Austrian financial community is a determined anti-Russian faction, and even the people have a bad impression of the Russians.

In agriculture, the two countries are in competition again. Austrian farmers are deeply disgusted by the Russian competitor who disrupts the market.

Austrian peasants are not rural peasants who have no right to speak, and there are still a large number of nobles. These people are all victims of Alexander II ’s wasteland policy and naturally hate the Tsarist government.

Franz asked blankly: ”Do you think we have to renew the contract until now?”

History seems to be repeating itself. Originally, the German and German empires conflicted with the Russians because of agricultural friction. Austria is now almost the same.

Of course, there are also differences. In addition to the aristocracy and peasants anti-Russia in Austria, the financial sector also hates the Russians because of debt problems, and only the domestic business sector supports the continued renewal.

In a similar position, Franz somewhat understood that time and space William II alienated Russia's foreign policy.

In front of the interests, not personal strength can make up for it. The emperor must also consider the position of the domestic people and cannot oppose most people.

Prime Minister Felix hit the nail on his head: ”Continuing to renew the contract is a bit economical and strategically worthless!”

Minister of Agriculture Halls: ”The economic value is not great. Now is the era of free trade. The tariff advantage we originally had no longer exists.

Even without the Russo-Austrian alliance, the purchase of a part of the Tsarist government will be reduced at most, with minimal impact.

After so many years of hard work, many aspects of Russian industry must rely on us. Even if the Tsarist government wants to kick us, it depends on whether they can afford this loss. ”

This is the main reason for the fearlessness of the Vienna Government. The Austrian industry has its own system, which uses different standards from British and French, and is completely unsuitable.

Russian industry was deeply influenced by Austria from the beginning, and capitalists were greedy for cheap, and adopted Austrian standards directly.

Adopting Austrian standards is nothing, the key is that the Russian industry has not formed a complete industrial system, and machinery and equipment rely on imports from Austria.

To withdraw now means that most of the industrial equipment in this area is to be scrapped, and this loss is simply beyond the tsarist government's ability to bear.

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