Mediterranean Hegemony Road

"Hey, what do you two think? There seems to be a problem with this!" said one of the taller men

"What do you think, Lukal doesn't understand! A nobleman is planning to build a black-hearted factory, no matter what he does, as long as we can earn a fortune, it is not something we can participate in anyway!!" The slightly obese middle-aged man replied

"Fatty is right, Lukar, the affairs of the nobles are not something we can interfere with! With this skill, it is better to think about how to recruit a few more people and exchange for the bounty!!" Another person said

"I know what you're talking about, but it always feels weird. It's not easy for a noble to recruit workers? With their power, where do they need our help? And the wages are so high, don't you think it's very unreasonable? Is it normal??" explained the tall man named Lukar

After listening to Lukar's words, the two were thoughtful. After a while, the chubby middle-aged man seemed to have thought of something, his face changed greatly, and he said with some fear: "Is he going to open a black mine? I heard that some unscrupulous capitalists are lying around. When people go to the mines, they always go there and never return!"

"Then what should we do?? He is a noble. If we promise but don't do it, I'm afraid it will be~~; Bad, if something goes wrong, so many family members will not tear the three of us apart??" Another said.

"It's not that serious! Most of the people who dare to do this are small remote mines with few workers. This noble gentleman has recruited a lot of people, and thousands of workers are making trouble. How can he really dare to fail? Once it leaks The wind, even the nobles can't eat and walk around!" Lukar shook his head and said

"What do you mean, let's try to find someone in a place for him, everyone has to take care of each other, and the more people the better??" Fatty asked tentatively.

"That's right! A few civilians are ants in their eyes. What if there are hundreds, thousands, or even tens of thousands of people? It's impossible to overdo it!!" Lukar said confidently

...

For the sake of the ruble and for their own future lives, the three of them called friends and encouraged everyone to go out to work.

Thanks to the natural disaster some time ago, most of the food in Samui is in short supply, and many people are worrying about their livelihoods, and the results are remarkable. In just one week, more than 1,000 people signed up.

Count Vronsky was very cautious and did not go out in person, but only sent his servant Vicks to come forward. In the witness of the priest, the representative of God, the labor contract was signed with the workers on behalf of Count Vronsky.

In his opinion, he has not breached the contract! ! The contract does not specify the place of work, and the salary is not deceiving. You can also get this income from mining in Bulgaria. If it is not enough, you can work overtime. There will always be some! !

Such low-investment, high-return, zero-risk transactions are hard to find. In the eyes of Count Vronsky, the Bulgarian government is a complete fool. High-quality intellectuals do not want them, and they will pay a huge price for a group of foolish people who are not going to get away with it!

If Prime Minister Constantine finds out, he will definitely scold his mother. What does it have to do with them? It was completely insisted by the Grand Duke, and Ferdinand, who was usually willing to give advice, was very firm this time: he has an opinion, but he still has to implement it 100%. If you dare to discount, go home and farm!

It's not that Ferdinand doesn't want high-quality talents, at least he welcomes scientists, engineers, and doctors, and is willing to pay high prices! But where are these people who are scarce talents, and I haven't seen you get a few here? ?

The population trade is still in full swing, and shrewd people like Count Vronsky are still a minority.

Most of the nobles also work part-time as loan sharks, and they used to worry about the impoverished pariahs. After all, Mao Xiong's manpower is worthless! Now it's simple, first squeeze the oil and water, and then pack and export the whole family together.

No, immigrating to Bulgaria.

You can make a fortune again. Although the old and the weak are not welcome, as long as there is strong labor, Ferdinand said that anyone who comes here will not refuse, but the price is lower!

In the short term, the young and strong labor force is more valuable, but in the long term, it is easier to integrate with the whole family.

After tossing for more than half a month, the Ministry of Finance finally came up with a scientific figure, at least approved by most experts! !

It is planned to issue a total of 200 million leva of national construction bonds within three years, with annual interest rates of 5%, 7.5%, and 10.75% in five-year, ten-year, and 20-year terms.

Are these interest rates high? ? In Ferdinand's point of view, it is not high at all! The longer the time, the greater the risk, the higher the interest rate naturally, even the risk of gold standard inflation still exists! !

Society is developing. The end of the 19th century was the beginning of the second industrial revolution. Human wealth is growing explosively!

Don't look at the low interest rate of international loans on the surface, if you carefully calculate other additional conditions, you will find that it is better to issue bonds!

At the end of the 19th century, there was no saying that "the one who owes the debt is the uncle". The most popular in this period was "the axiom is within the range of the cannon." !

If it's a bond issue, it's different. Most of it will be circulated to individuals, and for this part, it is really "the person who owes money is the uncle"!

Find any excuse to delay payment, suspend support, or set up a complex process to delay payment, these routines have been seen a lot by Ferdinand in his previous life! !

Ordinary people are powerless to deal with a rogue government anyway. Of course, this is very bad reputation, and Ferdinand will not do it unless it is a last resort! !

...

After receiving the proposal from the Ministry of Finance, Ferdinand summoned the Secretary of the Treasury Kennedy and asked in confusion, "Mr. Kennedy, how is your Treasury going to sell this batch of bonds?"

Two hundred million leva is not a small sum, it is equivalent to sixty-nine tons of gold! ! It is 1.25 times the fiscal revenue of the Bulgarian government in 1893. It is not an easy thing to sell! !

Kennedy said hesitantly: "Your Excellency, this ~~, we ~ I'm afraid we can't guarantee the sale!!"

Hearing this, Ferdinand glared at Kennedy fiercely. There is no way to sell, why do you make this plan? Is it to make fun of me? ? If you don't have a proper explanation today, there's no end to it! !

Seeing that Ferdinand was about to get angry, Kennedy quickly explained: "Your Excellency, it is the first time that we have issued such a large-scale bond issue. We are not sure about the international reputation of the Bulgarian government!

In order to solve the financial gap, what we plan is just an idealized number, how much we can sell is unknown! In fact, in the first batch of bonds, we only sold 50 million levs.

Our Ministry of Finance is ready to negotiate with a consortium of banks from various countries, hoping that they will be able to act as an agent. Unless they are optimistic about us and can eat the next part, the result will not be optimistic! ! "