Mediterranean Hegemony Road

The biggest problem is solved, and it will be easy to deal with later. The rest is the issue of war reparations. The interests of the three big brothers have been distributed, but aren't there still a bunch of younger brothers' interests to be considered?

In this regard, it is not Konstantin's turn to worry. Bulgaria has no younger brother to participate in the World War, and has not promised anyone, so naturally there is no pressure.

There is no doubt that, as one of the main forces of the world war, the Russians still have to take a large share, otherwise it is really unreasonable, although it is very unreasonable now!

Now there are only seven points of indemnity, and there are only six points that can be matched. Konstantin has already said that one point granted by Bulgaria is for the Russians, and they will naturally not mention it again.

In terms of closeness and distance, it is undoubtedly Belgium that first received the attention of Britain and France. This loyal little brother has been firmly following the boss even after the country has been subjugated. Obviously, he cannot be treated badly.

Pouengale took the lead to fight for his younger brother: According to the contributions made by various countries in the world war, the Russian Empire and Belgium will be after our three countries. I personally suggest that the Russians take 4.5% of the indemnity share, and Belgium take a point. Two's share of the indemnity, and the addition of the Belgian border to the west bank of the Rhine is considered compensation for their contribution to this world war!

After hesitating for a while, Konstantin said: Is the share of the Russians too small? I suggest giving them five points. Everyone's face should be better, and they can be allowed to use the Germans. Baltic ports, of course, this specific issue needs to be coordinated with the Germans themselves!

This is what Ferdinand asked. Although he wants to cheat the Russians, everyone is still allies on the bright side. The tsarist government also helped Bulgaria back then. Now this favor must be repaid!

This has nothing to do with interests. Although the tsarist government had ulterior motives back then, Ferdinand still had to accept this sentiment, and it should not make people feel that Bulgaria owed the tsarist government.

Constantine's proposal surprised the two of them. In order to balance the strength of Russia's three parties, they needed to limit the strength of Nicholas II. How could they help him?

Lloyd-George asked in surprise: Mr. Constantine,

Has your position changed on the Russian question?

Constantine said frankly: No, Bulgaria's attitude on the Russian issue has always been very clear, but you know about the relationship between Bulgaria and Russia, and we have to come forward to fight for their interests!

Because of the issue of balancing the forces of all parties in Russia, I don't think this is a problem. Don't the Russians owe you foreign debts? Just let them take this reparation first to repay your debts, and the result will be the same!

The two did not oppose any further. As long as the balance of the three forces in the Russians was not broken, even if the Russians took a little more, everyone said that the money ended up in their pockets anyway.

Then Nicholas II was forced. He originally thought that he could use the reparations obtained in this world war to start a war of unification, but now he lost it before he got it. Even the reparations may not be able to bring Russia The foreign debt owed to Britain and France is paid off!

In the end, Belgium received a point of German war indemnity and a part of territorial compensation. Their homeland was equivalent to an expansion of nearly a quarter. Presumably they would have no opinion. For the Germans, only a few thousand square kilometers are gone. It's gone, and there won't be any injuries.

The remaining dozen or so countries will jointly divide up the last point of indemnity. The three big bosses have no interest in fighting for this specific amount. Let’s leave it to the people below!

Poengale thought about it and said: Now we can determine the specific amount of reparations for the Germans. According to the economic situation of the Germans, their gross national income in 1914 was 51.1 billion gold marks (about 2.5 billion pounds).

After accurate calculations by financial experts, if we can receive in-kind compensation, the Germans' annual repayment ability after deducting basic needs and government administrative expenses is 2o5 billion gold marks (about 100 million pounds).

Therefore, their highest debt-bearing capacity is 4100 million gold marks. Now the Germans have some heavy industrial equipment and high-tech products overseas assets that can also be used to offset their debts. We can discount these real estates at 800 million gold marks. They are still in the mines every year. Taking out another 50 million tons of coal is also easy, as well as their domestic gold reserves, etc. Taken together, we think that asking the Germans to pay 6ooo billion gold marks is a reasonable figure!

Constantine didn't even think about whether Poengale's calculation method was right. He only noticed 6ooo billion gold marks (about 29.34 billion pounds), which is equivalent to 214,000 tons of gold. God knows how the Germans can lose it. !

Before Constantine could speak, Lloyd-George sneered and said, Mr. Poincaré, are you sure your calculations are correct? I don't think the Germans have the ability to repay such a huge sum of money!

Of course, if your country can guarantee that the Germans can pay, we have no opinion. If there is a shortfall, your country will make up for it!

Poincaré's face changed, and he asked the French government to guarantee the Germans' war reparations. How could this be possible? If he dares to agree, the angry citizens will not tear him apart!

Besides, this number is originally nonsense. The figure calculated by experts is based on the premise that Germans distribute living materials equally. In fact, everyone knows that no country can truly distribute living materials equally, food benefits The waste of class is inevitable!

This also means that the Germans can't pay this huge sum of money at all, and Puengale, who was staring at Mao, said again: Let the Germans pay 4.8oo billion gold marks (about 100 million pounds, equivalent to 100 million pounds). 171,300 tons of gold), this figure is always within their tolerance range, right?

Constantine's thoughts have drifted. He was stunned by the large sum of money loan shark empire, so he simply chose to shut up. Anyway, the bottom line Ferdinand set him was 800 million pounds, even if the indemnity amount was 50% off, They are all big targets, just watch the fun, anyway, the more the Germans pay, the higher the Bulgarian debt can be sold!

Without the persistent bargaining of the Americans in history, how much can be cut down by a single John Bull? .

Lloyd-George thought for a while and said: Mr. Poengale, don't the experts in your country take into account the actual situation? Do you not know what Germany is like now?

This war also brought a lot of casualties and huge economic losses to the Germans. Their actual repayment ability was not at its peak at all, and even if they were given ten years, they might not be able to recover to the economy of 1914. Level!

According to the calculations of our economists, the highest debt repayment ability of Germans is only 9.8 billion pounds, which is 2ooo billion gold marks.

If your country can take out an extra penny from the Germans, we are not opposed to it, provided that you can vouch for the Germans, otherwise please come up with a sincere price!

Humph?

Poengale snorted coldly, and then said: It is impossible for us to vouch for our enemies. You should die!

After speaking, the two of them started to stare at each other again, and they refused to give in to each other. Basically, this situation happened many times every day, and in the end, Constantine came forward and made a mess.

With a conscience of the world, Constantine can guarantee that Bulgaria has not calculated the maximum solvency of the Germans, but he can still judge from the disputes between Britain and France that the Germans cannot repay this huge sum of money!

Even the shrunken version of the 2ooo billion gold marks they can't come up with. Unless someone gives them blood transfusions to prolong their lives, it is God's blessing that Germany's economy will not collapse after the war!

After pondering for a while, Constantine said, Both of you should give a step to each other. Considering the current economic situation of the Germans, I doubt how many years will it take before they can pay the interest!

If we insist on insisting, we will also extend their repayment period, otherwise they will really not be able to afford it!

After another two days of wrangling, everyone finally reached an agreement. The final indemnity figure for the Germans was determined at 318.6 billion gold marks, an increase of 49.6 billion gold marks over history.

This astronomical figure is equivalent to 15.58 billion pounds, or about 114,000 tons of gold. Anyway, Constantine said that he could not afford to hurt. Bulgaria has been exhibiting for so long. over this number!

Given the current economic situation in Germany, even if they were allowed to work without food or drink for ten years, and they could not repay the loan, Constantine asked hesitantly: How do you two ask the Germans to pay the reparations? If it is to pay gold Or in the case of foreign exchange, I think we will still be collecting accounts in the next century!

Pouengale said calmly: We can pay off in 99 years, and let the Germans hand in 200,000 tons of new ships every year; 4400,000 tons of coal and 400,000 head of cattle each year. Half is almost enough!

The interest still refers to the standard monthly interest rate of 4.5/1000 for Italy, and a late fee of 1/1000 of the total compensation will be charged every day overdue!

Is this interest high? In this era, it can't be considered too high, everyone's interest rate level is here!

If you look at it from another time, this interest rate is really not high, at least much lower than the bank loan interest of a certain country in the future, and the late fee is not comparable to that of a credit card, which is really conscientious!

Lloyd-George also nodded and said very cooperatively: Mr. Poengale's proposal is good, according to this request, the Germans are likely to repay the loan ahead of schedule!

In recent years, the Germans need to restore the economy. We can collect so many materials without rushing. The Germans have a lot of overseas assets. We can first freeze their industries to offset the compensation.

In addition, there are many colonies in Germany, we can also deal with them at a discount, and their merchant ships will not be needed if they want to come, so we will requisition them first.

There are also German military enterprises and heavy industries if you are interested, you can buy them back at a discount. The total value of these real estates is estimated to be 40 to 50 billion gold marks, but now the discount is at most 50%!

Now all the companies in Germany can buy them back at a discount as long as they like it. I think they can also raise another 18 billion gold marks!

Constantine nodded. It was nothing more than selling the German assets at a low price. Naturally, he would not object. Whether or not he could find a buyer now is a question. Besides, it was all the Germans who suffered. Moreover, Bulgarian companies might be able to take the opportunity to make a fortune?

Constantine thought about it and said, Well, let's just set up a German Assets Appraisal Committee for our three countries to sell these redundant properties for them!

There is no doubt that this profitable business has fallen into the bowls of three big bosses. The factory worth 10 million gold marks was sold by 1 million gold marks. Don't be surprised, this is already very conscientious, if it is more ruthless If it was a little bit, maybe 100,000 gold marks could be sold!

This is the future of German companies. It can be said that the Germans fell this time, and the capitalists of the three countries were full!

The specific benefit distribution, everyone tacitly did not mention, anyway, the following people will do it well, with the industrial size of the Germans, not one of them can eat it, and even three of them may not be able to swallow it in one bite!

...

In the Royal Palace of Sofia, Ferdinand was dumbfounded when he saw the negotiation results of Constantine's return. It was not a question of the amount of compensation. This time Bulgaria received a compensation of 100 million gold marks (about 1.714 billion pounds). This figure has already been It was far beyond Ferdinand's estimate.

It's not a matter of selling German industries. Everyone can make a profit by selling German companies cheaply, so there's no need to quit! What he couldn't figure out was that Britain and France dared to let the Germans pay half of their industrial products every year to pay off their debts!

What is this doing? In Ferdinand's view, this is completely financing the enemy! This is equivalent to the Allied countries protecting the German industrial system for the benefit of reparations!

Even if some companies were split by the three countries, it would only be a small part of the high-tech industry or heavy industry. After all, the three countries are all industrial countries and have already formed their own systems, which cannot be connected with the German industrial system. !

As long as the Allied countries take over half of the German industrial products, it is conceivable that German goods will flood every corner of the world in the future, which is equivalent to promoting them for free, and also imperceptibly promoting the German industrial exhibition. Cap!

Even the colonial market that the Germans desperately wanted to open up by Britain and France has now been opened up by Britain and France. Anyway, as long as the Germans hand over industrial products to them to pay off their debts, the problem of sales is the problem of Britain and France!

At the same time, when the Allied countries used cheap German goods, they also squeezed the living space of domestic manufacturing industry. Ferdinand now understands why the industrial exhibitions in Britain and France after World War I were all tortoises, and they were all trapped by their own people. died!

It is no wonder that after Hitler came to power to stop the war reparations, the German economy ran like a hang-up, easily surpassing the sum of Britain and France. This is entirely the fault of Britain and France!

Knowing this serious consequence, Ferdinand made up his mind that the German industrial and commercial products could never fail to enter Bulgaria, and the stupid thing of squeezing their own domestic manufacturing industry should be left to Britain and France to do it themselves!

No matter how cheap it is, Ferdinand will not take it. After all, he himself occupies most of the manufacturing industry in Bulgaria. If German industrial and commercial products are introduced, it will not only damage the national interests, but even his own. Personal interests will also be damaged!

It is simply unbearable and unbearable! Ferdinand immediately made up his mind that even if Bulgaria needed German products, it would be to dismantle the factory and come back to make it by himself!

Even if these debts are sold at a low price, or exchanged with Britain and France for a high price as a German colony, it is absolutely impossible to let this kind of disaster happen in Bulgaria!

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