When the Saint comes, she does not collect food

Chapter 769 Is there a mole?
The Uffizi Palace becomes cooler day by day in autumn.

Pedestrians on the street took off their summer shirts and sandals and put on the latest woolen cloth produced in the Holy See.

Although Meliati's previous attack on the Gravel Plain was a failure, before the defeat they provided the mountains with a huge stock of wool.

Currently, the mountainous areas and the Holy Army Court are working overtime, and it is estimated that it will take until the end of the year to use up the remaining wool.

The maid's gaze returned from the window to the room, where three important figures were gathered in the tea room.

Horn, Martin and Catherine sat behind a small table, seemingly drinking tea leisurely.

But Martin was rubbing his hands anxiously, Catherine was also frowning, and Horn was reading the newspaper with an expressionless face.

Although His Majesty is plain-looking and a little rustic, the maid still feels inexplicably moved when she looks at his face.

This is the Pope...

The maid was daydreaming again, until she came back to her senses when she heard the kettle on the honeycomb coal stove beside her making a humming sound.

With a red face, she hurried to the stove, picked up the kettle and made tea for several people.

Sitting behind a small table, Horn scanned the newspaper in his hand intently.

"...During the Oranbo riots, hundreds of people were killed and injured, including children. It is rare for citizens and the army to fight each other..."

"...Such riots have occurred several times in the past two weeks, and the citizens have suffered greatly. This time, the riot has exceeded the limit of people's tolerance..."

"... Baron Raymond, the sheriff of the village, even said that the rampant bandits must be caused by the remnants of the church, and he hoped that the citizens would actively report them like him..."

"... As the editor of this article, Old Juanca has to be fair. His Majesty the Despot has been badly defeated and is having trouble paying off all the bonds. It is normal for the citizens to be angry..."

"…But Old Juanca has to say a few words. No matter how angry you are, you shouldn't gather to fight, let alone attack our prosperous and innocent town and its residents…"

"...Finally, Old Juanka calls on the Despot and His Highness the Patriarch to come up with a reasonable measure, both to appease the people's grievances and for the justice and fairness of the Thousand River Valley..."

Horn's expression remained unchanged when he saw the last period, but Martin, who was sitting opposite him, could no longer sit still.

"Your Majesty, isn't Her Highness Meliati too impatient?" Martin, who had hurried over from Kasha County, was restless. "The riots have spread to our area."

Taking the hot tea from the maid, Catherine held it in her hand without drinking it: "Moriati and Herman are both sensible people, how could they do such a thing?"

"That's easy." Horn folded the newspaper and put it aside. "Someone is over-executing."

After all, most people who buy bonds are people with a little money.

How can ordinary people have so much money to buy bonds?

Therefore, the ones who actually made the purchase were the Plains nobles who had lost the right to use the territory and only retained the ownership and part of the taxes.

They need bonds to offset the depreciation of precious metal currencies.

But after losing the battle, Meliati only paid back the money owed to the mountain nobles and mountain people.

Not to mention the hatred and friction between mountain immigrants and locals.

According to the Cheka's investigation, it seemed that someone was deliberately provoking friction and riots.

After Meliati left Hotam County, a large number of Plains nobles began to connect with each other.

As news of Meliati's loss of contact and defeat came, such connections became more frequent.

There are already a large number of Plains nobles in Meliati's ruling team, and this scene may be the result of political struggle.

But if they blame it on political struggles, don’t they know that once Meliati returns, everything they have done will be in vain?
Something feels wrong...

Martin looked at Horn who was deep in thought and couldn't help interrupting him to ask, "What did His Highness the Despot think? He actually issued such an order. What did His Excellency the Acting Despot (Herman) think? He actually carried it out."

Catherine said: "There is nothing wrong with this method. It is to suppress the opposition by force. It is simple and crude but effective."

"Starting from Meliati's finances, you can analyze why." Horn had already analyzed and discussed this with the Privy Monk, Sissi and others.

The Thousand Valley War lasted two years and ended in March of the Imperial Year 1446. The rest of 3 was mostly spent on cleaning up the remnants and reforming the grassroots, and both forces had almost no income.

As for the money taken from the church and the nobility, most of it was used to restore the economy and people's livelihood.

You know, during the Thousand Valley War, the damage to people's livelihood was quite great.

It took only 9 months to restore % of the pre-war state, and also completed the division of households into districts. The amount of money invested was by no means small.

Horn and Meliati did not officially take power until 1447.

According to Sissi and Horn's calculations, Meliati earned about 1447 gold pounds in 10.

This is the total amount. Specifically speaking, it is estimated that Meliati can mobilize about 6 to 7 gold pounds.

During this period, Meliati was also training a series of new armies, including the Iron Fist Regiment and the Mountain Knights, and also resettling mountain immigrants.

Simply put, not only was 7 gold pounds not enough, but it also consumed the 10 gold pounds that Meliati had saved after conquering Xialucheng.

Of course, Horn also bears a lot of responsibility in this matter.

He was the one who proposed most of the money-burning infrastructure plans, and in this regard, he was a bit too radical.

Many of these projects are future investments that will only bear fruit in ten, twenty, or even fifty years.

The most classic example is Horn's forced implementation of urban public education and compulsory education, which did not show results until at least 20 years later.

Schools, ports, towns, roads, sluices... a large amount of gold pounds flowed into the people.

After all, if you want to establish a unified market in Shenglian, in addition to mass production and institutional regulations, infrastructure is also an indispensable part.

As for the money Horn earned from Black Snake Bay and the war, much of it was used to support Black Snake Bay's local finances.

More importantly, they need to keep the money on hand as reserves and to deal with possible future cash flow disruptions.

We can't always rely on bonds.

So, Meliati didn't have much money to use.

The repayment of the war bonds actually required a share of Horn's wool trade, that is, Meliati made money by selling wool to Horn.

Fortunately, the bonds have a two-year term, so I can wait until next year to pay them back and have the money deducted from my national tax.

But the Leia people will invade next year, and we will need money.

If it is postponed further, we will enter a period of war, and repayment will be nowhere in sight. Who knows if Qianhe Valley can win?

Therefore, people who buy bonds would rather buy them back at 20% off or even half price than extend the payment.

I’m afraid that if the extension is extended too long, the bonds will become waste paper.

In the eyes of bond buyers, "extension" and "non-repayment" are equal.

At this time, you need an urgent cash investment to stabilize the situation and confidence first.

Meliati's river move was also a means to stabilize the situation and increase confidence, but it was not executed well and had the opposite effect.

Horn could squeeze out the money and borrow it in Langsand County.

But for war considerations, it is better to keep some unless it is absolutely necessary.

It would be better if the Franks were willing to pay this money.

Speak of the French, and here they are.

Just as Horn told the two of them his analysis of the matter, the door was knocked open by the Privy Monk: "Your Majesty, Mr. Gigannon is here."

(End of this chapter)