Harry Potter’s Morning Light

   Chapter 2398 Water of Freedom (middle)

Hamilton did not package the American Revolutionary War bonds into new federal bonds to finance them in Europe. Instead, he sold 80% of the shares of the Bank of America to the public. As long as no one had more than 1,000 shares, then he held 20% of the shares. The U.S. government, which owns % of the shares, is still the largest shareholder of Bank of America.

  Its market value is as high as 10 million US dollars, but the national debt undertaken by the Bank of America is 25 million, even if the US Bank financing part is not enough to sell.

  The easiest way is to print money, but the United States has passed the coinage law. Although the federal currency is paper currency, the United States still has a silver coin of 10 cents, which contains as much as 90% silver.

   After so many years of trade, the United States does not have any precious metal reserves at all, not to mention that the bonds issued by American banks are still attracting a lot of gold in Europe. During the Anti-French Alliance War, the exchange rate of gold and silver fluctuated. There were special people who exchanged gold for silver in London, Amsterdam, etc., and then shipped it back to the United States to make 10-cent silver coins.

   This silver coin has a high silver content, but is so small that its total value does not exceed 10 cents. Hamilton then used the coins, known as "American pennies," to buy domestic federal bonds. The Continentals and war bonds at the time were already rubbish, and Hamilton used the Federal Postal revenue as a pool of funds to exchange old bonds and currency for new ones. Many objected to redemption of old notes at full face value, which meant rewarding speculators at taxpayer fees.

   But Hamilton countered that government debts must be repaid in full or citizens would lose all trust in the government. This means that paper-like bonds become marketable securities, and after paying 25% of the stock price in gold, the remaining 75% can be paid in government bonds with an annual interest rate of 6%.

Even if it is 25% of the face value of gold, the American Revolutionary War owed a total of more than 40 million US dollars in debt. It is too risky to use so much gold reserves to collect bonds in the market, and Americans will not be unaware of such a big move. , Soros sniped at the Thai baht six months in advance to secretly build a position.

By the time the Lyons have built the empty warehouse, the Mississippi conflict has already started or is over, and people in the 21st century can fly, and there was no such means of transportation in the early 19th century, and there were no telephones, so in practice Difficulty exists. Georgiana can use magic to make props such as double-sided mirrors, but that is a violation of international secrecy laws.

As for Farron's proposal to establish a raw cotton production area in Egypt, Quesnay believes that the land should be taxed, not the product of the land. A large number of taxes on agricultural products will increase the price of agricultural products, and the high price will reduce sales. This fictitious price lowers the actual price, which is maintained by sales.

   A tax on land is a tax on property rights, Egypt is now part of the Ottoman Empire, what else can the bourgeoisie get but cheap cotton?

Pushing south and west is not just the plantation owners seeking new lands, the territorial expansion serves many different interests, and the American Indians should be well aware of the basis for the expansion of this military-cotton complex, Brazil originally belonged to the Arab states. The Zkots were now ceded to France because of the Portuguese wars in mainland Europe.

  The final solution discussed is the diamond trade. Generally speaking, the purchase of diamonds will be traded in cash, but doing so will lead to the outflow of a large amount of precious metals. An emerald can be exchanged for a carriage of gold coins.

Quesnay supports the luxury trade, which promotes "flow". No one dared to wear fancy jewelry and silk clothes during the Reign of Terror, but this also led to economic stagnation, especially in France, which is dominated by luxury goods. The sales of light industry have been severely hit again, and only the wealthy can spend money to turn the currency of all walks of life.

   Napoleon could prevent bankers from investing abroad after raising money at home, but he could not prevent this. The value-preserving properties of gems are not high, and they are not comparable to hard currencies such as gold and silver. The Miao people use silver to make jewelry, and women wear it to make a clear sound when walking. This is a local custom. In the event of a war, you can wear it to run. But Grassini would wear all the diamonds she got, what European woman would wear gold like armor?

   When a person is dying of hunger, and there is a person beside him who is so full that he vomits, he cannot bear the difference.

   Western religions say that jealousy is one of the seven deadly sins, while in the East, jealousy is one of the "seven outs", and they all say that jealousy is bad.

   But in Greek mythology, the goddess was also jealous because she did not get the golden apple. This goddess was not Hera, who was famous for her jealousy. If jealousy becomes legitimate and no one condemns it, then jealousy can become a dynamic similar to anger, with unimaginable consequences.

   In fact, when the French Republic was proclaimed and needed to raise military funds to fight the anti-French alliance, many people donated their jewelry.

   They are both women and love jewelry, but the evaluations of Catherine and Marie Antoinette are completely different.

  Georgiana has always avoided taking the old road of "predecessors", but the current situation has forced her to take this road, and she herself does not know how she will be judged by others in the end. The ugly, but expensive necklace originally belonged to Madame Dubare. It's a pity that Louis XV died because of smallpox. Louis XVI did not intend to buy such an expensive necklace for the queen. The queen also felt that this necklace was enough to build a warship. Jeanne used the queen's name to deceive the cardinal of.

In contrast, she liked Fresnel's lens very much. He planned to install it on the lighthouse, so that the light could penetrate the darkness and the fog on the sea, so that more people could be saved, but Napoleon applied it to the lighthouse. on military communications.

If the new mint is set up in Utrecht, then the coins obtained from selling diamonds in France can be re-minted into new francs here, and Napoleon can ask Hope for seigniorage, but there is a premise, whether the Netherlands is subject to France. .

   Pierre-César Laboucher, who was in the business, was an Orangeman, at least he was, and William III of Orange took the English crown by marrying the daughter of James II.

   James II was the king of the Stuart dynasty, and the 1796 10-cent pattern was inspired by Gilbert Stuart's portrait of the wife of Philadelphia statesman William Penn. The coin features a woman with wavy hair on the obverse and an eagle on the back, and the woman with wavy hair is said to symbolize the Statue of Liberty.

  Due to the debt of the British royal family, William Pan obtained the jurisdiction of a piece of American land from King Charles II. William immediately realized that this was an opportunity, and without any hesitation, immediately set sail and boarded his possessions.

He designed an ideal city, which uses a grid system to advocate fraternity and tolerance. The city center does not place any royal and religious symbols, nor fortresses and walls, so the Greek word "fraternity" is used for the city. name.

But not everyone came to the New World with the vision and ideals of a new life like him, such as the Puritans who came to the New World on the Mayflower, and the witch Isolt Thayer who was mixed in between them. , she came to the New World to avoid her aunt Graeme Gaunt. When she boarded the ship, she used her father's name and disguised herself as a man. Later, she established the American School of Witchcraft and Wizardry, and also Married to a Muggle.

  Georgianna wondered if this would stop the escalation of the Mississippi conflict. Maybe she did it in vain. In the end, she attracted hatred and jealousy, but nothing changed.

   After such a big circle, she still wants to buy diamonds. Is this different from Grassini's love for diamonds?

   It's like we all have to go to a destination, but the route we take is different, so we see different scenery along the way.

   After this incident, she realized how painful it was to be her own enemy, so she also understood why Queen Maria of Portugal was melancholy and even crazy.

   Although she cried a lot, she did not collapse, but felt that she should rest, and Bonaparte did not stay with her for long, and went back to work.

   She didn't feel dissatisfied, this tour was not meant to be out to play.

   'If he doesn't come, I'll accompany you around the world, but I won't accompany you with Josephine. ’

   This sentence kept in her mind all the time, she didn't have to think about it, she would probably feel unhappy when she said "great man".

  It is difficult to walk on the road with integrity and without encountering assassinations and robbery. Resignation means losing power, and it will be difficult to have such a large team to protect their safety.

   If he does not resign, he may be assassinated by an assassin.

   At least Grassini did not accept the so-called "harem" system, and was brave enough to run to Russia. Would she dare to run like that?

   After all, so many people put their lives on her.

   There was a burst of laughter from outside the door, followed by Padma and Ferrier.

   "What are you talking about?" Georgiana asked casually.

   "Someone just wanted to ask Miss Pelty to exorcise the demon." Ferrier said with a smile, "Who would go to **** in the daytime?"

   "What's the matter?" Georgiana asked Padma.

   "You're a witch, and I'm your student, so I'm also a witch." Padma squinted and smiled meaningfully. "What class are you teaching, Professor?"

   (end of this chapter)