C1022 Russia crisis (1/2)

Xiao Letian's analysis hit the nail on the head. The current Tsar Russia's financial crisis was already very serious, ever since she ascended the throne of Alexander II in 1855, he had been planning her domestic policy of crippling slaves.

Everyone knew that although the Russia was also one of the European countries, he still maintained his primitive and barbaric slave system. At that time, 90% of the population of the Russia were all serfs of the landlords, without any right to personal freedom at all.

Alexander II was not a useless playboy who was raised in the palace. On the contrary, when he was young as the crown prince, he had traveled to most of the regions of the Russia and personally observed the hardships of the people.

Furthermore, he had spent an entire year traveling around Europe, personally witnessing how powerful the industrialized countries were, and was envious of the strength of the powerful countries such as English and French.

The young Alexander had already made up his mind to follow the example of the English and French and carry out a comprehensive reform of the backward Russia.

In 1861, after six years of preparation, Alexander II finally issued the order to cripple a slave. It was worth mentioning that the order to cripple a slave was two years older than the order signed by President Lin Ken of the United States.

Alexander was a very smart and pragmatic Sovereign King, he would not impulsively force the landowner class to give up his own interests. He knew that if he did that, the would fall into chaos, and there would even be a civil war.

So he replaced the radical revolution with moderate reforms, with two central points in his abolitionist edict.

First, the system of serfdom was abolished, and all serfs were granted personal freedom, including migration, marriage, change of occupation, ownership of property, contracting, and so on.

The second is to stipulate that all the land shall be owned by the landlords, and that the peasants shall, in accordance with the regulations, purchase a small piece of land for ransom. The amount of the ransom shall be two or three times the actual price of the land.

On one hand, this system allowed the landowner class to get two to three times the land premium, which greatly reduced their resistance towards it. On the other hand, the state provided paid loans to the serfs, which also gave the destitute serfs the opportunity to change their fates.

The only drawback was that the financial pressure on the country was too great. Although they had paid the landlords in the form of repaid bonds instead of cash, the size and size of the Russia was simply too big. The interest on the bonds alone was an astronomical figure for the country.

No one knew how high the debt of the Russia's treasury was, because it was the highest secret of the Russia. Maybe the Alexander II was afraid that the true financial situation would scare the Bankers, so they decided to announce their financial deficit.

However, anyone with a discerning eye would be able to see that right now, the Russia was at a standstill even for such a great matter as changing into military equipment. One could imagine just how poor this empire was.

In order to resolve the crisis in front of him, Alexander II had chosen to advance eastward through a strategy. He had to tear off the weaker Qing Nation and Central Asia Khan's bodies to replenish herself.

The strategy for advancing to the east could be subdivided into two strategies, which were civil and military. In terms of military power, they were the war that had been going on for the past few years, the pacification of the Caucasus, the expansion of the Central Asia's power, the ceding of the Far East Region's power, and the rebellion in support of Yaqub in Xinjiang.