Wild North America 1846

The monarchs and ministers talked while walking, and the atmosphere was very relaxed and happy.

At this moment

Viscount Dong Jie, the head of the secretariat of the inner court, hurried over with a report in his hand. When Li Cha saw it, he stopped and waited for Dong Jie's arrival.

"Your Majesty, this urgent note comes from New Orleans, and it is the seventh request for a loan from the Confederate States of the Confederate States of America submitted by the local syndicate of banks that is currently negotiating." Dong Jie submitted the note with a respectful expression.

Li Cha didn't answer, but ordered lightly; "Let's briefly describe it, it's nothing unusual."

"My minister would like to obey the holy order; this joint syndicate report signed and reported by the Ministry of Finance, to the effect that the Confederate States of the United States are short of money, and they are eager to raise a large amount of war loans. The total loan requested is 2.5 million Tang yuan. The syndicate gave The annual interest rate of the loan is 17.6%, and the term is 25 years. Due to the huge amount of this loan, the Royal Family Fund also participated as the main lender, and the Holy Order is hereby requested.”

"How much is the cash part?"

"As usual, [-]% will be paid in cash."

"Humph, those of you who went to the south to work in banks and royal funds are all pig brains. You were cheated and sold by the southerners accidentally. What do you mean by "following the old rules"? A previous war loan was more than 1000 million and 2000 million Ten thousand, give [-]% cash and [-]% goods, which is more or less reasonable.

Now the appetite of the southerners is getting bigger and bigger. They just borrowed 9 million yuan in September last year, and it took only half a year to run out.

Don't you know how much 2.5% of [-] million yuan is?
All the wine bags and rice bags, attending a few high-class receptions, playing with a few women can't even be found in the southeast and northwest, and the royal family's money didn't come from a strong wind. Tell them to give 800 million in cash, and all the rest will be deducted from the purchase price.

This time, the royal family wants to take the lead, and arranges for the Ministry of Internal Affairs to jointly purchase and deliver in the name of the royal family. Anyone who dares to intervene in this matter will be punished.

The price is the same as the last time it was delivered to the south. Anyway, the southerners want to eat big players, so I let them eat as much as they want, and see who dares to lie to me?

So much money is better to raise an army for the king than to support those poor and unscrupulous capitalists.

I don’t understand how to do this, and this group of people seems useless. After returning, those who should be retired will be retired, the second-tier second-tier, and those suspected of insider transactions will be sent to the ICAC for punishment.

Since ancient times, money has touched people's hearts, but that is my royal family's money, whoever dares to stretch out his hand, I will chop off his dog's paw. "

Li Cha scolded his head and face, Director Dong Jie was really wronged, this matter has nothing to do with him, he didn't dare to lift his head when he was reprimanded.

But then again

This matter involves the royal family holding fund under the Ministry of Internal Affairs, which is indeed inextricably linked with the Secretariat. Once the huge war loan of 2.5 million yuan is confirmed, it will be a big piece of fat!
according to the current price

Just send the entire 6000-[-] million worth of goods to the Southerners, and everything else is crazy price increases.

Domestic suppliers dared to raise prices wildly in the south. There were banks, manufacturers, agents, major nobles and the military intervening to share the benefits and the gluttonous feast, and all of them made a lot of money.

The royal family has high stakes in major banks, so naturally a large share is indispensable.

The southerners got goods worth 6000 to 2.5 million yuan, but they had to repay the principal and interest according to the war loan of 17.6 million yuan, and the annual interest rate was as high as 25%. There was also a high penalty interest if it was overdue, and the repayment period was as long as [-] years .

This time, the royal family fund led the major banks to form a joint syndicate, and the royal family fund accounted for half of it. The high-volume war loans to the Confederate States of the United States contained huge benefits.

If the shares of all major banks controlled by the Ministry of Internal Affairs are counted, accounting for more than 78%, the royal family almost ate this huge war loan by themselves.

do nothing in the future
This 2.5 million Tang yuan loan interest alone can earn 3500 million yuan a year, even surpassing the annual dividends of the royal family's shareholding in the oil industry. If you really fall asleep, you will wake up laughing.

Huge benefits necessarily entail huge risks. Although the Confederate States won the Battle of Kansas, the Northern Fleet has blocked New Orleans, and several naval battles have taken place in succession. Landed in New Orleans to implement a north-south strategy.

While occupying the fertile coastal areas in the south, it is indeed a vicious strategy to strangle and block the economic output of the south and combat its war potential.

The war entered its third year. Although the Confederate States withstood the onslaught of the Northern Army, they had already seen that the successor was weak and might lose the entire war.

if so

After the victory, the U.S. Northern Federation turned its face and refused to recognize anyone. The 4.5 million Tang Yuan that the Tang royal family had already lent, plus this 2.5 million Tang Yuan, would mean that all 7 million Tang Yuan would be in vain. serious risk of loss.

The Europeans have already sat down to watch the jokes, and all kinds of belittling public opinions are endless. In their writing, the Datang Kingdom seems to have become a big fool.

Even if the two sides draw a tie, with the current financial strength of the Confederate States of the United States, the economy has recovered to the highest level before the war, and it will not be able to repay the high-interest war loan of up to 7 million Tang yuan.

Why not?
You can figure it out. In 1858, the Tang Kingdom was driven by the strong demand of the American Civil War, and its economy grew rapidly. The annual gross national product reached 16.24 billion Tang yuan, which was much higher than the estimated economic value.

In 1858, the revenue of the kingdom's finances (note; excluding the income of the Royal Household Office) reached more than 9370 million yuan, an increase of 37% compared with the previous year. This figure is simply jaw-dropping.

This is because the prices of materials for the southerners have been increased wildly, and these falsely opened Lilan parts have to pay taxes. How can the tax increase not be high?

How big is the overall economy of the American South?
On the bright side

Various historical documents show that before and after the war, the size of the industrial economy in the southern United States was only $1500 million, with about 11 workers, which seemed to be only one percent of the size of the $15 billion economy in the northern United States.

But in fact, the South of the United States is the "Cotton Kingdom of the World", which supplies 75% of cotton to the cotton spinning industry in Britain, and widely supplies cotton to the cotton spinning industries in France and Germany, employing more than 800 million whites and 400 million black slaves. The annual export value is as high as more than 8700 million pounds, equivalent to 4.35 million US dollars.

Therefore, the south of the United States is far from being as weak as it seems, and the north is not as strong as it seems on the surface.

in the original history
Had it not been for President Lincoln's announcement of the two subversive policies of the "Emancipation Proclamation" and the "Homestead Act", which had triggered blacks yearning for freedom to flee to the north to join the army regardless of life and death, which had greatly increased the military strength of the north, and the south would not have been easily defeated. North defeated.

After the war, the "Homestead Act" triggered a frenzy of western development, and freed blacks joined the industrialized army. Otherwise, the national strength severely damaged in the civil war would not have recovered so quickly.

The world today is different

Lincoln burped in advance, and the "Homestead Law" has no room or possibility to implement, because the west is now all the territory of the Tang Kingdom, how could it be possible for the Yankees to invade at will?That's just wanting to fart.

Coupled with the backing of the Tang Kingdom in the southern United States and the secret support of countries such as Britain and France, Li Cha is 9% sure that the southern United States will win the final victory, absolutely unmistakable.

If it really doesn't work, the Tang Kingdom will end in person!

Anyway, this is a long-planned war, and it is also a fateful battle for North American hegemony. Both Tang and Mei will fight sooner or later.

It's better to take advantage of the opportunity of the Yankee being beaten to death, go up and beat him up, and directly fuck him into a disabled person, which will save time and effort.

So the south can't lose, and the debt can't be waived.

But as high as 7 million war loans, the annual repayment of interest alone will exceed 1 million yuan. How can the Confederate States of America afford it?
hehehe...

Here comes the meat, and that's the problem.

Anyway, the debt owed is placed there. If you don’t pay it back in January, you will have one month’s interest, and there will be penalty interest if you are overdue. The interest will roll up. Anyway, Datang Kingdom is not in a hurry.

After a few years of delay, the loan principal and interest will be sky-high. If it doesn’t work, fight a war. If the southerners are too scared to fight, then sit down and talk slowly, and talk about debt re-arrangement.

In order to show sincerity, Datang Kingdom can also lower some of the original interest rate level. After all, the debt scale has snowballed several times, and even if the interest rate level is reduced, the income will be high.

The loan repayment period can be extended, such as 60 years or longer. In that case, the annual repayment pressure will indeed be reduced, but the combination of principal and interest will be an incredible figure.

Can the American South devalue its currency?

In fact, it will not work, because the loan in the southern United States is Tang Yuan, and the repayment of the principal and interest needs Tang Yuan to pay.

The Tang Yuan is linked to the value of gold, and the currency value is constant. After establishing the supremacy in North America, the purchasing power will rise strongly, which will further increase the burden on the southerners to repay the principal and interest of the loan.

When they were really forced to do nothing, the southerners could only sell their houses and land to sell their assets. After mortgaging the rights and interests of customs, they would then mortgage port facilities, railways and large areas of territory, or simply sell them to repay part of their debts.

As long as the southerners are willing to talk, Li Cha will welcome them sincerely.

With this huge loan to win the Civil War, Li Cha was able to hold the southerners under his body for 100 years, a hot man is so ruthless!
after a reprimand
Several big men in the military department shrank their heads and put on ostriches. When His Majesty is angry, he is really scary. The aura is so powerful that it is difficult to breathe. Get burned.

Li Cha was not angry with Dong Jie, he waved his hands after a reprimand, his expression improved a lot and said, "Okay, the Secretariat is the king's eyes, ears, hands and feet, and you usually pay more attention to the Ministry of Internal Affairs. Do as I say."

"Your Majesty is furious, and this humble minister deserves death."

"Strictly speaking, you are also a generation. I will allow you to get it back this time. Just do it with a little bit of sense. Let's do things."

"I would like to follow your Majesty's instructions, and I will leave." Viscount Dong Jie was scolded, his face was covered with cold sweat, and he staggered back.

Several ministers of the military department looked at each other in blank dismay, speechless.

Dong Jie suffered a lot this time. Those people in the Ministry of Internal Affairs and the major banks must suffer from the mad anger of the internal minister. It is inevitable to change a batch of blood. Maybe there are still some middle and upper-level officials Will lose his head.

Incompetent handling of affairs, deceiving the saints, and privately conveying benefits are sins worthy of death.

Why is Your Majesty angry?
It is the four words "follow the old rules". With so many smart people from the royal fund and senior bank executives who went to New Orleans to negotiate, no one sees the problem with the four words "follow the old rules"?

The ratio of 2.5% of 2500 million yuan is [-] million. Who stipulated this "old rule"?
This is clearly deceiving the sage, his heart should be punished!
These stupid birds who think they are smart don't even think about it, the current sage is a rare sage in the past and present, and Guan Gong is playing big swords in front of him... all of them are tired of pure work.