Mediterranean Hegemony Road
Chapter 12, Winter is coming
The promulgation of the Bulgarian Language and Religion Law has a two-sided impact!
In the short term, it will help stabilize the domestic situation in Bulgaria, accelerate the integration of various nationalities in the country, and promote the economic and cultural development of Bulgaria!
In the long run, it also restricts the entry of foreign immigrants. At least immigrants from countries with different languages and scripts must first consider whether their own language can pass the test!
It's pros and cons! But now Ferdinand doesn't care about these things. After the completion of the future national integration, the law will be revised!
The most urgent task now is to digest the meat eaten in the stomach first, and convert it into the strength of Bulgaria's advancement, rather than let it rot in it and make a stomach!
...
What should come will still come. After the outbreak of the Russian financial crisis, major banks have shrunk their money supply and collected loans in advance to deal with the run-on wave.
A large number of Russian companies first suffered heavy losses in the stock market, and then banks tightened their lending. In August, many companies went bankrupt because of the broken capital chain, and the Russian industrial crisis broke out!
Affected by the industrial crisis, a wave of unemployment broke out in Russia, with millions of newly unemployed people in a short period of time. The economic crisis is coming!
After entering the late 1919s, the economic ties between countries in the world have become more and more close. After the outbreak of the Russian economic crisis, import and export trade began to shrink, and other countries in the capitalist world were also affected.
Subsequently, France, Germany, Austria-Hungary, Belgium, the United Kingdom, the United States, Italy and other countries followed suit. During the same period, Japan in the Far East also experienced an economic crisis.
The fifteenth economic crisis of capitalism has fully erupted, and no one of the major industrial countries in the world can survive alone!
Bulgaria is no exception. After the outbreak of the Russian economic crisis, Bulgaria was the first to be affected, and its export trade was directly halved, and it continued to decline in the following months.
In the second half of 1899, the total export trade volume of Bulgaria was less than one third of that in the same period of the previous year, and a large number of enterprises engaged in export trade were facing bankruptcy crisis!
...
At the year-end summary meeting in 1899, the Chancellor of the Exchequer Kennedy said with a frown: Your Majesty, this is the economic report for the past six months, and the situation is very bad! And because the economic crisis is spreading to the world, our export trade will continue to decline in the next year. !
Although it was well prepared,
Bulgaria's economy is still affected, especially the export trade. The world's economic environment is not good. Who can the products produced be sold to?
What plans does the cabinet have! Ferdinand asked blankly
Prime Minister Constantine frowned and said: In the second half of 1899, Bulgaria experienced its first negative economic growth in nearly a decade, down 3 percentage points from the same period of the previous year!
Affected by this, the annual economic growth rate in 1899 also slowed down significantly, hitting a record low in the past ten years, with an increase of only 3.3%!
Affected by the global economic crisis, the government expects that the export trade will not improve in the coming year.
In response to the economic crisis, the government will continue to increase investment in public infrastructure in the next year, mainly focusing on road traffic and rural water conservancy projects!
At the same time, the government has decided to exempt industries affected by the economic crisis and take measures to stimulate domestic demand as much as possible!
Government agencies and enterprises, from now on, under conditions, all purchase domestic products, and at the same time call on the general public to buy domestic products and support domestic production!
Ferdinand nodded, the cabinet is still very pragmatic, Bulgaria is not a European and American country, there is no saying that the government cannot intervene in the market economy!
Since the economic crisis has come, the government will definitely use administrative measures to intervene. If the market is allowed to take effect freely, even if the national bourgeoisie in Bulgaria is not wiped out, there will be few left!
Ferdinand thought for a while and said, This is not enough! After the outbreak of the economic crisis, in order to alleviate the economic crisis, the major industrial countries will definitely conduct dumping, and we must take countermeasures!
Calling on the public to support domestic products can only treat the symptoms but not the root cause!
If the products of Western European countries are not only cheaper than ours, but also of better quality, it would be unreasonable to ask ordinary people to buy domestic products for a long time!
What better measures do you have?
The question posed by Ferdinand stunned everyone. In fact, the measures taken by the cabinet in this economic crisis were already used in the last economic crisis (1890-1893).
It's just that the economic crisis at that time had little effect on Russia, and Bulgaria was backed by the Russian market, which made it easy to get through.
This time is different, the Russians are too busy to take care of themselves, Bulgaria can only rely on themselves to tide over the difficulties!
After hesitating, the Chancellor of the Exchequer said, Your Majesty, let's increase the tariff!
Ferdinand was stunned for a moment. He did not expect the Minister of Finance to think of this solution. Now the domestic market in Bulgaria has increased significantly compared with before. If trade protection measures can be taken, it can indeed play a certain role!
But Ferdinand still shook his head and said, No! Now the global economy has been hit. Once we raise tariffs, countries will surely follow suit, and then we will shoot ourselves in the foot!
That's right, in the current world situation, once the tariffs are raised, Britain and France have vast colonies, and they can get out of the economic crisis immediately, and other countries will be miserable!
Why did the United States take protectionist measures during the Roosevelt New Deal? That's because the Americans have turned America into their own back garden, backed by the American market, and of course they can take trade protection!
Before that, Americans were honestly taking the free economic route. How could Bulgaria be an exception?
As far as the domestic market of Bulgaria is concerned, it cannot support the rise of an industrial power! Even if it does, Ferdinand can't do it. Industrialization is bound to be accompanied by a lot of exploitation of interests. There is no international market sharing, and it is all passed on to the domestic people. Isn't it forcing them to rebel?
How about we expand the ports in the Aegean Sea and the Mediterranean Sea! the Minister of Industry said hesitantly
Ferdinand's eyes lit up, he understood, and said excitedly, Okay, let's do it like this!
I have to say that this method of the Minister of Industry is very good, that is, it blocks the dumping of Western European countries to Bulgaria, and does not break the rules of the free capitalist market!
It is impossible to increase tariffs, but I can always demolish the port. Anyway, no matter who protests, it will take time for the port to be demolished and rebuilt!
As for whether it is reasonable or not, this is the Bulgarian government's own business. We think that the port is too small and needs to be expanded, or that the port is broken and cannot be navigable. Whether other people believe it or not, I believe it anyway!
Besides, we haven't demolished all of them, and we still have a hole. The Mediterranean Sea and the Aegean Sea can't get through, so let's go to the Sea of Marmara!
Ports in the Mediterranean are not normally navigable, and to trade with Bulgaria, either by land or by way of the Sea of Marmara.
The cost of going overland is too high, and it is estimated that the Austro-Hungarian Empire can still do it. The Russians who travel by sea in the Dardanelles have to pay customs duties, and they have to pay it again when they arrive in Bulgaria, so the cost will go up!
at this time. Everyone seemed to understand something. Prime Minister Constantine said excitedly: The ports left over from the Ottoman Empire can no longer meet our increasing import and export trade needs. In order to promote economic development, we must rebuild coastal ports!
Offending Western European powers, Ferdinand is really not afraid now! Anyway, as Mao Xiong's younger brother, the Russians have always opposed Western European forces entering the Balkans, and will resist the pressure for them!
Britain and France have their own colonies to vent fire, and there is not much market demand for Bulgaria; the trade between the Austro-Hungarian Empire and Bulgaria has always been completed by land, and there is no pain!
This loss, the real interests are affected by Germany, Italy and other countries, the diplomatic pressure of these countries, Ferdinand said that it does not matter!
Even so, the winter of the Bulgarian economy has come, and the export trade volume has dropped sharply, and many companies have begun to fall into the situation of making ends meet!
...
In order to survive, many SMEs are forced to transform. So a scene that shocked the world appeared. A small company engaged in international trade turned into a construction company!
One by one, urban white-collar workers turned into construction site managers, and brought their employees to become a member of the Bulgarian road construction army!
Ferdinand had to be thankful that it was the end of the 19th century, and we had not yet experienced the era of pampering, and everyone could still sit in the office and go to the construction site!
Anyway, jobs are saved!
As for engineering quality? Now that the car is just emerging, is it too early to popularize it? What is being built at the moment is what is commonly known as Mao Road. There is neither asphalt nor concrete. It only needs to be filled and compacted.
Anyway, they are all horse racing cars, and the quality requirements of roads are really not high. When cars become popular in the future, I want to be more stable than these roadbeds, and then I will add more!
...
Thatcherf-Toss is one of the construction site army, commonly known as contractor.
Originally Thatcherf-Toss was the owner of a textile processing factory, mainly engaged in international trade, but after the economic crisis broke out, his products could not be sold.
Due to the Bulgarian labor protection law, he cannot lay off employees without reason. Now that the products cannot be sold, and the production has been temporarily stopped, it is impossible to support people for nothing, right?
It happened that Bulgaria was engaged in infrastructure construction again, and the savvy Thatcherf-Tos went to the industrial and commercial department to register a labor service company.
Then the textile worker became a construction worker, and he also officially became a member of the foreman. Through his previous contacts, he successfully infiltrated the team of the construction army!
Bo Lun, hurry up for me, haven't you eaten? It's just not as good as the engineering team next door, not even the female workers! Thatcherf Toth roared angrily
No way, the labor service company really can only make some hard money, especially the Bulgarian government's project, which has stuck all the expenses.
In addition, there are mostly female workers in the textile factories, and the labor force is limited. Now the labor service company of Thatcherff-Toss can only be maintained. Compared with the previous international trade, the profit is far worse, so his The fire is also rising!
But Paulen ignored him and continued to work unhurriedly. Recently, he has become impatient to hear these words.
Not only him, but basically the few male workers in the factory are the targets of his rants. Compared with other construction workers, their work efficiency is far less than that of Thatcherf-Torrent. Sri Lanka's heart expectations!
If you ask female workers like this, it will damage the image of Thatcherf-Toss himself, and it is easy to be regarded as a harsh employee. After all, women's physical strength is generally poor, and they cannot be demanded by the same standard!
For Thatcher Toss, who aspired to be in Bulgarian high society, there was no blemish on his moral upbringing.
As for men, it doesn't matter. You are worse than your peers. It's understandable to scold you a few times. Anyway, as long as you don't deduct your salary, everyone can accept it!
...
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