Harry Potter’s Morning Light

  Chapter 1536 "Golden House"

  Georgina is certainly not so stupid to think that conservative bankers will really hand over her coins to her, and let her help with the operation.

  She estimated that in the end, these loans were still reviewed by the banks themselves and released by themselves. Even if they did not release the coins, they issued the bank notes issued by their own banks.

The common point between banknotes and banknotes is that they are all paper and have no value in themselves. The difference is that banknotes cannot be exchanged in banks, but banknotes can be exchanged. Another difference is that banknotes will depreciate with the issuance. The coupon will not depreciate. The issuance of bank bonds must have a double guarantee of gold and credit, and the holder can exchange gold with the issuing bank at any time.

  As long as the bank does not fail, the holder of the bank notes can use it as a medium of circulation. However, when the bank fails, the bank note is a piece of waste paper, and its value cannot be equal to paper money.

Since the outbreak of the French Revolution, the government has changed several times, and banks have closed quickly. If Napoleon does not return from Egypt, the government’s paper currency will also enter hyperinflation. Currency is safer.

  In the troubled times, gold and silver are more real than antiques, works of art, and jewellery. Napoleon would send money back to the government at the beginning in Italy, and later there were only works of art. He was so shameless on the bureaucrats of the government.

  Georgiana didn’t believe that Henry Petty would be so "satisfied" and had to tell Napoleon this method, prompting the banker to spend the money in the bank and invigorate the French economy.

Napoleon was an adventurous person. He set an interest rate of 5% for the national debt this time, which is higher than the 3% interest rate in the United Kingdom. Similarly, the 7% interest rate he issued for agricultural loans was also higher than the market average interest rate, although not 16% of loan sharks in Lorraine are high, which will certainly attract some bankers.

  However, it is written in "The Wealth of Nations" that if the interest rate is set too high, it is not honest farmers who come to borrow money, but speculators. Only speculation can earn higher profits than borrowing interest. Therefore, in the end, the interest rate had to be restored to the market average level of 5%. In 1766, Louis XV issued a law to reduce the interest rate to 4%. However, the people still used various methods to circumvent it, and the private loan interest rate was still 5%.

The 1% interest loan to the Parisian bakery was carried out under the double pressure of the guild and the police, and the borrowers were mainly liberal aristocrats headed by Leoncourt. They all experienced the Great Revolution. In the **** reign of terror, Leon Coul still hid in the countryside for a while.

The nature of this organization has now changed a bit. Not only Marmont, but also others who have taken a fancy to the mines of the liberal aristocracy, and the few remaining assets of the church, but the reputation of the "Great Good Man" is better. Napoleon's cronies could not find an excuse.

  The simple way is to exchange money for life. When a revolution occurs, the people will open up the nobility, but will not move any of his belongings, and the rules must be paid to the public. Interest and terror are the levers that drive people to act. Some people overcome their fears for their own interests, and some people disregard their interests because of their fears. People are still smuggling food. Money is actually a kind of tool. Gold and silver mines were discovered in the New World and shipped to Europe. This made Europe have more currency in circulation than before. At that time, because of the lack of gold and silver, they had to use pepper and silk. Spices act as currency, and with these gold and silver pepper, silk, and spices the monetary value is gone.

  Because Spain and Portugal are full of gold and silver, they are not as scarce as other European countries, so they can exchange less materials.

Although other countries do not have gold and silver, they can use banknotes instead. The land has become fertile and more grains are grown. Handicrafts will be developed when people can eat. The tools of handicrafts continue to make agriculture more productive. Many, once the food supply is cut off, in Lyon, for example, the silk workers have no way to start work. The guillotine machine has to chop head after head, but the most fundamental reason is not the bakery owner and the counterfeit money maker.

  Means that the bonds are issued based on land. The bond holders in the city are not interested in rural land, and they are not in a hurry to exchange them.

  In fact, there is no currency. Barter can also be used. What do the Lyonians use to exchange food with farmers? Isn't silk worn by nobles?

  Credit can also be used. This depends on credit. The credit of France is bankrupt. The style of the French king is to frame charges and confiscate his family property. It has been “traditional” since the Knights Templar. The Thermidians abolished the "Hostage Law," but people are still used to acting in accordance with its regulations.

  Josephine wanted to be a queen, and that was the case with "History". She also wanted to hold a religious wedding with Napoleon at the coronation ceremony.

  Georgiana would think so unless she had one more head. The crown was too heavy and covered with thorns, she couldn't afford to wear it at all, not to mention the illusion of letting England submit to France.

  So those old aristocrats are full of naive illusions about politics, the Sabine women who go to it.

After the harvest in September, all the inspectors from the Paris Agricultural Association who were sent abroad came back, and they were generally tanned. Mardan was still in the west and he could not come back temporarily. The problems in the Lorraine and Alsace regions went beyond. There is a local system in the range of Georgianna’s ability. Whether public real estate is distributed or rented is determined by the highest bidder. This system is undoubtedly beneficial to the rich. At present, the richest people are loan sharks, so Alsa Si's question is very acute.

Through this trip to the countryside, the inspectors understood that what farmers need most urgently is not money, but technology and knowledge. Georgiana named this need, called agricultural technology. This time, potatoes were harvested in the fallow land. , The fertility of fallow land is good, and the fertility of human manure is even stronger.

However, sugar beet planting still cannot be promoted. To allow farmers to accept a new kind of agriculture, a certain cultural foundation is required. This is also a kind of "generation gap". While the cultural undertakings in Paris are developing rapidly, the French countryside still stayed 200 years ago. However, farmers still listen to priests and churches. Because of religion, laziness is one of the original sins. They think that some people are poor because of laziness. The high price of wheat and its attractive benefits have led to mass production, and people feel that there will be gains in paying. A decree was also issued in 1795, clearly stating that the "immoral and lazy system" threatened the "sacred nature" of private property.

  For a long time, the peasant community has been accustomed to open fields. After enclosing the land, neighbors must respect the fence. The farmers in Normandy would tie up their cattle and prevent them from grazing elsewhere. Farmers and hired workers in the Lorraine region had disputes over public real estate. When the farmer was entangled in where to find pasture for his cattle At that time, they were not in the mood to care about the sugar problem in Paris cafes.

The conquest of recreational fields by planting potatoes is a new victory for mankind. It is as exciting as the great reclamation movement in the Middle Ages. However, it is too early to grow from food to industrial raw material crops, and people cannot accept it. Sowing and harvesting do not depend on it. The level of education of those who work in the fields, but planning to plant, plant, and how much to plant requires guidance or calculation by oneself. This also involves economic issues, and how much money the farmers themselves need to borrow also need guidance.

  At this time, Georgianna suddenly felt that fertilizer is really a good thing to save the common people, although it caused serious pollution and environmental damage.

Those banks will transport the coins out of their vaults, and they will also encounter security problems when they arrive at the local branches. Taxes in the treasury are robbed. This requires armed **** and will incur remittance fees. If no one bears this cost, and this cost The loss caused exceeds the loss of the new national standard coinage, and the bank would rather not remit the money than put it in the bank as bank currency.

  She now fully feels what the ministers said, Bonaparte is responsible for issuing orders, and what it feels like they are responsible for implementation.

The peasant class is eager for technological improvement, while hired workers hate it. Machines have taken away the job of McCarthy. In the 21st century, French farmers often drove sheep, cows, pumpkins, and eggs to Paris to make trouble. This is also the French culture. Part.

  When I was kissing my boyfriend on the romantic streets of Paris, I suddenly saw a group of cows walking down the beautiful streets of Huadu. Does it feel like a broken dream?

  That's right, Paris is not a place where dreams come true. Canova’s disciple Selassie has a deep understanding.

  If Napoleon had not met Robespierre Jr., he would be just one of the dreambreakers among the bustling crowds of Paris.

  Fuse gold and silverware into gold bars and silver bars, and then it is impossible to mint coins. Why should a gold cup bought for 24 francs be made into gold bars for 18 francs? Who will bear the loss, unless the gold cup is grabbed from elsewhere.

  It is impossible for Italy to rob, Napoleon himself made an oath that unless Italy encounters a situation similar to the French invasion again, the French army will not go to Italy.

  Then she was so ashamed to find that she was actually trapped in the "Robber Logic." She started the war and won the spoils. It's okay to say, who would bear the loss if she lost?

  The issue of Santo Domingo has not been dealt with yet. Her original plan was to make it a meat exporting place for France, but it is estimated that no one in France thinks about it anymore.

  It is the new constitution and the return of the exiled nobles. There is also the industrial fair. Otense is pregnant and gave birth. If this child is born as a baby boy, he is very likely to be the heir of France.

  There are so many problems in my own family, who has the time to manage things thousands of miles away.

  She really hoped that Dusan Louvidul was still alive, and that she would not be transferred to a forgotten corner of the world to fend for herself, and be forgotten and die just like Grindelwald.

  　Sprout has dragon dung comparable to chemical fertilizers, and potions comparable to pesticides, don’t ask, ask again, it’s magic

  (End of this chapter)