Bulgarian Empire

In the end, Ferdinand still didn't make up his mind. After all, this was a big gamble, and the timing was not yet ripe!

Even if it is his idea to attack Libya, he is not going to do it right now. It is acceptable to delay it for two or three years and wait and see the situation!

However, expanding the navy is now imperative.

There is not much time left for Bulgaria. If you don't want to increase your strength now, once World War I breaks out, you will have no right to speak if you want to get a share of the pie!

...

While the Bulgarian government was still hesitating about the bait thrown by the British, a major event that shocked the history of the world navy happened. The British dreadnoughts appeared!

Displacement 17,9oo tons

21 knots

Equipped with 1o 305mm main guns installed in five turrets,

24 76mm secondary guns

5 underwater torpedo launchers

The armor on both sides, turret and conning tower is up to 28o mm

It was more than twice as powerful as other largest armored ships at the time!

The birth of the dreadnought directly announced that all the battleships in the world were eliminated overnight!

The powerful shipbuilding industry of the British has once again defended the honor of the world's number one naval power and started a new era!

After receiving this news, Ferdinand smiled. He knew that it was time for the navy to reshuffle. If the old naval power cannot keep up with the times, it will be eliminated!

Although the British Empire has led the times, Ferdinand estimates that the London government will not be happy soon. Who told them that they have the largest number of former dreadnought battleships in the world?

With the advent of the era of dreadnoughts, whoever built the most ships in the past will naturally suffer the most! There is no doubt that the biggest loss this time is the British Empire, followed by the French Republic!

As for the emerging Germany, people will only be happy. Suddenly, an opportunity to surpass Britain and become the world's hegemon is just here!

Of course, according to the previous strategy of the British, they also succeeded! After this naval reshuffle, the French really fell behind, not to mention the Russians!

Unfortunately, now is not the time! After the debut of the British dreadnought, the major powers in the world immediately followed up!

Oh, Ferdinand also announced follow-up in line with the times. Anyway, Bulgaria is now a small power, and its international status is similar to that of the Kingdom of Spain. It also needs to do something to improve the morale of the people!

The appearance of the British dreadnought proved that the designs of the designers were generally feasible. In this case, Ferdinand approved the construction, and he was ready to ask the allies for technical help!

Although in the era of dreadnoughts, the French Navy's head was short-circuited and it was a step slower, but their technology can still keep up with the times!

In addition to building a dreadnought, the Bulgarian Navy also had a series of shipbuilding plans, which were approved by Ferdinand.

For example, the construction of 3 destroyers, 2 fast cruisers, and auxiliary small warships such as torpedo boats and supply ships has started.

Finally, it is time to fulfill the great slogan he chanted earlier, "In ten years, the navy will expand tenfold". In this respect, Ferdinand has always been very trustworthy!

Of course, Bulgaria is still a soy sauce player in this arms race. Ferdinand had no intention of competing with any great power!

The reason why he rushed to follow up was also to announce to the world that a new regional power was born!

This is also a means of fighting for interests. Now there is no stepping stone suitable for Bulgaria in Europe. Except for Italy and Austria-Hungary, the six major powers are not easy to mess with!

It's a pity that these two soft persimmons are hugged by the German's thigh, so they can't be squeezed!

In addition to the vigorous construction of surface ships, Ferdinand also quietly introduced submarine technology from France!

At that time, the French had their brains flooded and advocated the construction of small ships for offshore defense! This also includes submarines. The French are still very good at accumulating technology in this area!

As for why Ferdinand was not introduced in advance? no way,

The French are not philanthropists either, how could it be possible without paying the price?

Not only submarine technology, Ferdinand also introduced a lot of French core technology. Basically, Bulgaria has all the advanced technology of this era!

In this regard, Ferdinand had to thank the Germans!

Without the pressure that the Germans put on the French, the French government would not rush to win over Bulgaria as an ally, let alone try its best to help Bulgaria strengthen its strength!

Ferdinand knew that in the eyes of the French, the strength of Bulgaria's army was already equivalent to half of the Austro-Hungarian Empire, and it belonged to the kind of ally with decent strength!

The stronger Bulgaria is, the greater the containment of the Austro-Hungarian Empire, then the Russians can use more power to target the Germans, thereby reducing the pressure on the French on the Western Front!

Otherwise, if Bulgaria wants to get these benefits, don't even think about it!

...

The end of the Russo-Japanese War also announced that the golden age of Bulgarian industry and commerce has passed!

The good old days when a company could sell as many products as it could produce are gone forever!

Oh, when the post-war inventory was taken, everyone was surprised to find that Bulgaria was actually the third winner besides the British and the French!

The British not only achieved their strategic goals, but also took advantage of the Japanese and made a lot of money in the war. Although the Japanese government won the war, it has been completely controlled by the British economically and has become a watchdog of the Far East!

Everyone understands that the British are the biggest winners in this war! The second is the French, who have mastered a large number of Russian debts, controlled the Russian financial market, and brought Mao Xiong's strategic focus from the Far East back to the European continent!

It is Bulgaria again. In terms of money and strategy alone, Bulgaria's benefits are not as good as Britain and France! But in the long run, Bulgaria's comprehensive national strength has increased by at least half before and after the Russo-Japanese War!

Before the Russo-Japanese War, Bulgaria still owed the Russians a loan of 20 million pounds; after the war, the Russian loan was gone, and by the way, even the previous French loan of 6 million pounds was repaid!

After paying off these two foreign debts, the Bulgarian government has also increased its foreign exchange reserves by 800 million francs and 200 million rubles!

The most important thing is that Bulgaria's industry has achieved explosive growth, occupying most of the daily necessities market in the Russian Empire in one fell swoop.

And several military enterprises in Bulgaria also became one of the most important weapons suppliers to the Russian army during the Russo-Japanese War!

By the end of 1907, Bulgaria's total steel output had crossed the threshold of one million tons, leaving only Britain, France, Germany, Austria, Russia, and the United States, and they also had the ability to produce warship armor!

At the same time, after ten years of efforts by Ferdinand, the newly added territory after the Balkan War has been completely digested and transformed into the national power of Bulgaria!

The government's fiscal revenue has naturally been greatly improved. In 1907, the total fiscal revenue of the Bulgarian government reached 1.86 billion levs, and the total support was 1.68 billion levs. This is the first time that Fiji has achieved a fiscal surplus since he succeeded to the throne!

Oh, all the previous fiscal revenue is used to repay debts, of course there will be nothing left! By 1907, the Bulgarian government had already paid off its foreign debts and was in surplus for the first time!

From 1904 to 1907, Bulgaria's exports to Russia repeatedly hit new highs in the past few years, and in 1907 it reached an astonishing 3.26 billion levs!

Of course, this is also inseparable from the treasures contributed by Ah San. Without that batch of gold as a reserve, even with the rapid growth of Bulgaria's economy, there is not enough currency circulation, and it is even more impossible for the government to obtain a large amount of minting income up!

In fact, more than a quarter of the Bulgarian government's fiscal revenue is now contributed by printing money, and sometimes it is even close to one-third!

However, Ferdinand knew that such a good life could not last! In 1907, Bulgaria's gross national product reached an astonishing 510 million pounds, but with the end of the Russo-Japanese War, there will definitely be a sharp decline!

At least the purchase orders for weapons and equipment worth tens of millions of pounds per year are gone, and Bulgaria's military enterprises will have to wait again!

Apart from these gains, what surprised Ferdinand the most was the increase in population!

Since Ferdinand relaxed the naturalization requirements, the population of Bulgaria began to soar. Due to the long-term chaos in Maoxiong, many people chose to leave their homes and come to Bulgaria to seek a living.

Of course, this is the credit of those volunteer propagandists! After all, they are going back to their hometown to visit relatives, and many people still want to ask for a daughter-in-law. Naturally, everyone has to pick and choose, as if Bulgaria is a paradise on earth!

Even seeing the chaotic situation in their hometown, many people simply went to Bulgaria with their families to discuss life. In this way, it further proves that Bulgaria is a paradise on earth!

The more people listen, the more people believe, and the more people want to go out to make a living. Of course, most people are forced by life and have to go!

The situation in Russia is chaotic, and of course there are many people who are having a hard time! In the end, the immigration agency had to raise the immigration threshold and limit the number of immigrants!

Even so, that number was beyond the pre-estimated. After all, everyone has a bunch of relatives and friends, a lot of them!

To put it simply, it means that one person returns to his hometown, and after marrying a daughter-in-law, there are two people. In addition to the parents, brothers and sisters of both parties, the number of direct relatives alone is huge enough!

If the immigration agency hadn't discovered the problem in time and imposed restrictions decisively, Bulgaria would probably be overcrowded now!

Even so, by the end of 1907, Bulgaria still had an increase of 2.36 million Russian immigrants, and the total population of Bulgaria officially exceeded 20 million, reaching 10,000, fulfilling the small population target set by Ferdinand ahead of schedule!

Oh, the number of immigrants is estimated to continue to increase in the next few years. After all, those who return to their hometowns to visit relatives are only a part of them, and it is impossible not to take care of their families!

Of course, as the domestic situation in Russia stabilizes, the number of immigrants will slowly drop and gradually return to normal levels!

In order to resettle these immigrants, the Bulgarian government also had to launch emergency measures, added several large-scale projects, and artificially increased some jobs!

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