Start 1861: I Just Inherited the Dutch Throne

Childers, the British Chancellor of the Exchequer, publicly attacked the Dutch banking crisis, coupled with the decision to decouple the pound from the Dutch guilder. This made everyone understand the truth, from diplomacy to economics, and now When it comes to finance, the back-and-forth battle between the UK and the Netherlands has gone a step further. At present, except for military operations, the two countries have almost played out all the cards in their hands.

Will this round of British attacks be effective? How should the Netherlands respond? No one outside knows.

Can the Netherlands withstand this British attack? No one knows either.

William IV was also a little helpless about this.

Although the Netherlands is almost on par with Britain in terms of military and navy, in terms of army, its population of 25 million is still less than Britain's population of 36 million. However, the Netherlands has incorporated indigenous peoples from Southeast Asia and Australia, plus black people, to form the highest quality mixed colored military force in the world. It has given the Netherlands the ability to compete with the United Kingdom. In addition, the Netherlands has the most advanced navy. advantages of underwater submarines.

and secretly mass-produced airships.

Although the number of advanced warships that are almost on par with Britain's on the water is a quarter less than that of Britain, the scope that Britain needs to guard against is much larger than that of the Netherlands. Canada alone in the Americas and its ally, the Confederate States of America, which is a separatist force in the southern United States, have Make British troops nervous. Especially Canada, every time its relationship with the United States becomes tense, the tens of thousands of troops alone cannot cope with the pressure brought by America's tens of millions of people.

Therefore, now Britain has opened up another financial battlefield. It can be said that it is not only outside William IV, but also within William IV's expectation.

This wave of manipulation by the British made William IV know that Queen Victoria still did not dare to make up her mind to have a military dispute with the Netherlands and use both civil and military strategies. , she still let the dispute between the two countries stay in the former.

William IV was not actually disgusted with the attack by Childers, the British Chancellor of the Exchequer. On the contrary, he was grateful or mostly appreciative of him.

In this best era of provoking military wars at every turn, the British Chancellor of the Exchequer actually understands financial wars. In addition to admiration, he also cherishes his talent.

How nice it would be if the other party expressed a proud Englishman.

Unfortunately, the British's arrogance makes it difficult for him to poach people.

In fact, precisely because of the prominent position of the Citizens Bank of East India in Sydney's Financial Street, it has always been present whenever there was any disturbance in the Dutch financial world.

Anyone with a discerning eye knows that this bank under the East India Company actually plays a huge role in maintaining the financial stability of the Netherlands and stabilizing the financial body of the Netherlands.

Since the crisis, he has immediately begun to play the role of financial savior during a period when turmoil spread through the local banking system.

William IV read the negative report on the Netherlands in the Financial Times and revealed that the Dutch regulators were very concerned that big banks might take the opportunity to absorb smaller banks due to anti-monopoly (anti-trust) considerations at the beginning of this month. The bank has become a political storm-like situation.

During the bankruptcy process of the First Private Bank of Rotterdam in the past week or so, the National Bank of East India played different roles. First, it acted as an adviser to the other party to deal with the difficulties, and then became one of several banks that helped the other party to tide over the difficulties by injecting deposits. One before the Cabinet Government of the Kingdom of the Netherlands finalized the takeover of the bank.

In this report, we reviewed the last-minute announcement that National Bank of East India emerged as the winner to acquire First Private Bank of Rotterdam. The market and people from all walks of life may have different evaluations and views, but generally they were not surprised by the result.

After all, speaking of it, since William IV began to help the then Dutch King William III manage government affairs in 1857, the East India Company, the largest consortium in the Netherlands, became William IV's biggest support. He successfully settled in the company and became the largest shareholder. , which laid a firm foundation for the further rule of the Dutch royal family.

In this crisis, banks under the East India Company successfully acquired the First Private Bank of Rotterdam, a medium-sized bank. Obviously, both the royal family and the government provided support.

William IV did not deny this. He must face doubts in anything he does. What's more, this media is still a hostile party to the UK, so the other party's comments can be read but not taken seriously. Of course, Reference is still available.

Lemon was the executive officer of this bank and was recognized by William IV

Sackham, the chairman of the Financial Committee and chairman of the Dutch Federal Reserve, is also highly recognized by William IV.

Sackham may have faced difficulties from others or ridicule from the media. This is because he had to bear the important task of rescuing a financial crisis that was once in a century just two years after taking office in 1878. The aftermath was almost miraculous. This has brought the Dutch financial industry into good times. Like his other Dutch predecessors who also shouldered such a difficult task, they all need to withstand this financial attack by Britain.

The interaction between Sackham and other major banks around the Financial Commission and the Dutch Federal Reserve is crucial. Now that the East India Bank has taken the first step, other banks will follow suit and return a large amount of money in the next time. Acquire small banks to expand its presence and at the same time stabilize the Dutch financial industry.

Otherwise, within a few years of the crisis, a series of inappropriate operations at the British-Russian Bank would have led to the resignation of Sackham and others. By then, the only country that can have huge influence on the international financial system may be the United Kingdom.

However, William IV will not suddenly let these financial capital giants do whatever they want. Instead, the antitrust concerns of the Dutch regulators are to ask Dutch members of Congress to regularly criticize these big banks and capital, and do not ignore them. Other banks are potential buyers. The loosening comes after questions were raised about whether bias against other larger institutions was partly to blame for the lack of solutions from private entities.

The actions of these congressmen will make the capital of big banks have scruples in their actions, and will also cause these big banks to receive sufficient supervision from the Congress, the government, and their opponents when conducting mergers and acquisitions.

However, as the National Bank of East India is a member of the Dutch Federal Reserve, if it is questioned and paid too much attention, other members will also be questioned, which is not a good thing for the Dutch financial community. After all, how much does this affect the outside world's perception of what was originally regarded as a positive acquisition?

More importantly, with the merger of Lemon and Sackham, the Netherlands will enter the era of financial giants. Can the Netherlands better cultivate small capital?

William IV was also worried about the mystery and hidden dangers behind the National Bank of East India's acquisition of the First Private Bank of Rotterdam. , causing the Dutch financial sector to fall into more unstable situations.

"Perhaps the Netherlands should come up with more plans to deal with the British attack. Fortunately, I have been prepared."