Holy Roman Empire
Chapter 526: Food = labor
In London, due to the slump in domestic food prices, the capitalists who originally signed with the Russians are not ready to perform.
It is clear that breach of contract is definitely not possible. It not only violates British law, but also involves diplomatic issues.
Moreover, these food purchases were used to pay off Russian debt in domestic banks. The previous loans were released, and if they defaulted, the Russians could legally settle their accounts, and bankers would definitely not agree.
Taking rye as an example, the price of rye on the British market is now about 6 to 7.5 pounds of ton. The original contract signed with the Russians was as high as 9.1 pounds of ton.
This means that in this transaction, instead of making money, they have to lose money in it.
Of course, even at a price of 9.1 pounds per ton, these capitalists will not lose money. The added value of the product after processing is still sufficient to offset these differences.
However, qualified capitalists are definitely not willing to suffer this loss, which means that they will make 1.5 to 3 pounds less per ton of rye.
It seems that this number is inconspicuous. If you zoom into tens of thousands of tons or hundreds of thousands of tons, it will be an astronomical figure.
Don't rely on the account directly, this will not embarrass the capitalists. This is what MPs do, and guiding public opinion is a good way. In short, we must find a reasonable and legitimate reason to rely on accounts.
The anti-Russian tide is rising, which is not a good thing for the newly appointed Gelston cabinet.
The "sterling-gold system" establishes currency hegemony. If the Russians are forced out at this time, they will be beaten back to their original shape immediately.
Relying on this performance, the previous government almost reverted in the general election. If they hadn't pulled out their old accounts in time, and encouraged the families of the soldiers who died in the English-British War to cause trouble, maybe Gellston would not be able to stay in Downing Street.
Throwing away the newspaper in his hand, Prime Minister Gulston complained endlessly: "Fuck it, get out of here and be restless, and leave us such a bomb!"
This kind of thing is very common in the general election. Everyone is a member of the Conservative Party and the Liberal Party. Politically, they are inherently opposed, and their positions determine their positions.
How can you make your party win in the next election without guilty of Gelston? If it were to be ex situ, Gullston would probably make the same choice.
Anyway, it's all within the rules of the game. The mess left by Benjamin's cabinet is completely in compliance with the law. In addition to complaining in private, Gilston was powerless, and could not even blame the previous term on this issue.
"Prime Minister, the biggest problem now is not the people outside, nor the members of Congress, but the capitalists who do not want to fulfill the contract.
At current food prices, under the treaty with the Russians, they may earn millions of pounds less each year, even if it is shared, it is not a small number.
What's more important is that this is not a year, but five consecutive years. If, for such a long period of time, something goes wrong in the middle, they will be replaced. "
While speaking, Chancellor of the Exchequer Laruck Royd picked up the newspaper on the ground, folded it twice, then shred it and threw it into the trash.
Obviously, he is not as easy as he looks. In the face of interest, it is too difficult for capitalists to make concessions.
Even if the government wants to resort to means, it cannot find an excuse. From the beginning to the end, these people are hiding behind the scenes, and the farmers who are rushing outside are instigated.
The reason for the plunge in food prices is attributed to the British-Russian Food Loan Agreement, which is considered to be a sequel to government intervention in the market.
Obviously their predecessors' achievements, but now they need to clean up the mess. It's still the kind of work that has no credit, and you will be scolded if you don't do it well.
Calming down, Prime Minister Gilston sat back in his place and asked, "What do they want? Breach is impossible, and now we need Russians."
The pound hegemony system has just been established, and the reform of the Russian gold standard has just begun. Before the Russians are completely bound, they will not be able to turn their backs.
This takes at least five or six years of effort, so British and Russian loans last for five years, and the London government binds Russians through loans. It cannot be said that it is a loan. It is more appropriate to describe it in terms of a food transaction contract.
Compared to the huge benefits brought by currency hegemony, the loss of these food capitalists is not worth mentioning. Despite this performance, most of them were taken away by the previous term, and Gulston will continue.
Otherwise the domestic bankers would send him to God. Don't assume that British capitalists dare to assassinate the president.
It is just that the British aristocracy still has a certain strength. The capitalists have not been able to completely control the government. Otherwise, they would not have done the work of circuitous work.
The era of the big monopoly is approaching, and it is not far away from the time when the capitalists broke out. Once the consortiums are established, they will completely enter the era of oligarchy politics.
Relatively speaking, the British Prime Minister of this era is still happy. In the era of oligopoly politics, politics is reduced to a game of capital, and that is the real tragedy.
"They want the government to fund this batch of food and follow the example of Austria to establish a strategic food reserve. There is no problem in theory. Britain is just an island country. Its own food production is limited and there is not a big problem in storing a batch of food.
Britain in this era is at its peak, and its wealth and wealth are best suited to describe them.
Even though it was because of the war that the London government was already heavily in debt, they were not at all alarmed.
The huge wealth brought by the colonies was enough for them to deal with it easily, and they even spared a lot of money to establish a strategic reserve system.
Gelston did not object, and although he did not believe that Britain needed to establish a strategic food reserve, he was not prepared to stop everyone from getting rich.
Britain's heyday is also the most corrupt. Once such a large project is promoted, it will bring a lot of money.
Gelston smiled indifferently, and put his hands on the table with his palms upright: "If they can convince Congress to approve, I have no opinion."
Obviously, this is impossible. If we are confident to persuade Congress to allocate funds, the capitalists will already do it and we won't do so many things.
To put it plainly, the food capitalists involved have a limited right to speak in the British capital market, and they cannot even represent the food processing industry.
There are people in Congress, but it is very difficult to control the decisions of Congress. Apart from that, competitors will not let them get their wish.
It is possible to make use of the current social environment. If the domestic food prices had plummeted, it would not have been possible to organize so many farmers to participate in the parade.
Chancellor of the Exchequer Laruk Royder shook his head: "If they can convince Congress, they will not come to us. They promised that as long as the plan is passed in Congress, it will sponsor our 200,000 pounds campaign Funding.
In addition, there are other benefits. The specific details are inconvenient and need to be communicated in private. "
Politics also needs money, and there are many behind-the-scenes transactions hidden behind every election. If there is only investment and no return, who will sponsor it for free?
How can political parties survive without income? No money to support the election team, no money to brush the public's favor, and what do you rely on to win the election?
In reality, politicians usually have a low level of discipline. The Prime Minister of Galston is no exception. Political parties need capital support, and the two sides have been intertwined from the beginning.
...
Under the impetus of the Liberal Party, on October 21, 1872, the British Parliament passed the proposal of "establishing a strategic food reserve" with a slight advantage.
On October 24, the London government suspended the UK-Russia food loan transaction to stabilize domestic food market needs.
After a symbolic negotiation, the London government was very reluctant to buy grain within the scope of the treaty at a price higher than the market price one week later.
No doubt this is for the people. The real reason was to heal the food capitalists, and the government took over the loss.
The Anglo-Russian deal went smoothly, and Franz was not disappointed. The benefits of currency hegemony are even greater, and the London government naturally knows how to choose.
The only surprise was that he did not expect that the British would actually build a strategic food reserve. You have to know that the Royal Navy is everywhere. No country in the world can match it. Enemies who can block Britain do not exist.
This change is a minor problem, and the ultimate goal is achieved anyway. Although it has not been able to disrupt the UK-Russia transaction, the collapse of the international food market has still hurt the agricultural vitality of European countries.
There is no such thing as a food subsidy in this era. Even the various taxes cannot be reduced. The government is willing to reduce or exempt agricultural taxes.
For the big farmers, the agricultural crisis is a great time for mergers. Why should we cut or exempt agricultural taxes? Without these taxes, how can farmers be bankrupted as soon as possible? If farmers are not bankrupt, how can they conduct land mergers?
The tax reduction is inevitable, but after everyone has completed the land merger, or they are breaking their money.
The massive bankruptcy of European farmers is also what Franz wants to see, and the Austrian colonies are lacking.
He did not want immigrants from Britain and France, nor did he count on immigrants from Portugal, Spain, and the Netherlands. The remaining countries can always make up their minds.
Today, unlike in the past, Austria's rule in the colonies has stabilized, and it can completely digest some of the immigrants.
Unlike the original time, apart from native immigrants and German immigrants, Franz did not dare to accept them in large numbers.
I am afraid that people will be given anti-hosts. On the issue of ethnic assimilation, there are usually as many assimilation and fewer people.
This can also be regarded as the replacement of food, which is equivalent to Austria selling off a batch of food and returning a batch of labor.
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