Chapter 62 Financing
Before the reform, according to Frietelia, the Kingdom of Prussia's annual income was only about 5 million silver thalers, which was basically more than 4 million in the Empire of Solidus, which was less than the average annual income of 7 million thalers in Saxony.
Although Saxony's sales of military horses and iron ore have helped increase fiscal revenue, it is undeniable that Prussia's fiscal revenue has a big problem. And this revenue must deduct huge military maintenance and administrative expenses. Rounding off,
There are only 300,000-400,000 thalers of silver coins left every year.
If we continue on the old path of the female literary father, Prussia will soon enter a bottleneck in a few years. It is no wonder that the father of Philetria will choose reform later.
According to Otto's reforms, Prussia absorbed more than 200,000 immigrants from Poland, England and France. In the northern counties of the kingdom, an average of 5 out of 10 residents were foreigners. These people also contributed to the northern coast
The counties provided manpower to expand production capacity.
Therefore, in the reforms led by the kingdom, the northern counties became centers of trade, handicraft industry, and arms. The shipbuilding technology of the French and Portuguese was introduced. The locals not only exported grain, but also sold logs, serving as a transfer station for Russian furs.
One, sometimes also undertakes ship maintenance
and construction tasks. By lowering tariffs, and because the Baltic Sea ports were involved in the wars of the past few years, the northern Prussian counties successfully grabbed a lot of trade shares. This made Prussia in the first four years of the reform presided over by Otto.
The kingdom's fiscal revenue surged to nearly 7 million.[
The income almost jumped by half, and the extra money meant that he could expand the army. Seeing that the reform was so effective, the greedy Father Philetria naturally wanted to continue the reform. Then, Otto came up with his idea
It affected the serfdom system that was the foundation of Prussia. Of course, the whole country responded with opposition, but who made Philetria's
My father was so wise and brave, and he carried out the reforms forcefully. In order to ensure that the reforms did not provoke resistance, half of the original King of Prussia's army was disbanded, and the responsibility for the defense of the kingdom was handed over to the youth who had enjoyed the benefits of the reforms in the northern counties.
Zhuang, this army is the so-called New Army. The officers are naturally small and medium-sized palace nobles trusted by the royal family.
Going a step further, the finances of the Kingdom of Prussia, which recovered a lot of tax privileges from the Manor Juncker, surged to more than 9 million thalers in the second year. The annual income of the Kingdom of Prussia, which is less than a quarter of Austria's territory, exceeds Austria's by four.
By one percent, Otto can be considered to be running the country well.
But now, because of Otto's rebellion, the wealth accumulated by Prussia in the past few years has basically been wiped out. According to Schwerin's guess, more than 9 million thalers of silver coins have fallen into the hands of the Swedes. More than 1.3 million thalers of silver coins have fallen into the hands of the Swedes.
It went into the pocket of the Duke of Hesse, and Otto transferred 5 million talers of silver coins to France.
Otto is not the kind of person who makes a fortune when the country is in crisis. As a top student who graduated from the University of Constantinople and spent some time at a French university, the 5 million thalers of silver coins he brought were put to good use.
effect.
In October, almost in the days after we signed all the agreements, almost everyone in the street knew the news of the French army's attack on the border. A French army consisting of two corps, with an estimated number of 6,000 people, aimed directly at the pro-Austrian forces.
The Principality of Luxembourg. The other branch passed through the Lorraine Plains, with about 7,000 people, and was stationed in Alsace, Lorraine.
Now, many people finally understood why the Austrians readily agreed to a series of conditions.
In fact, this French army is my trump card for forcing peace. If the French start a war with the Austrians at this time, the Austrians, whose elite troops will be almost wiped out, will have a headache. Not to mention competing for Prussia's interests.
It is difficult to ensure that Vienna is not captured by the French army. But I feel that I have made a bit of a loss by betting on the reputation of Wen Dier, my future wife, but it doesn't matter, I can get it back again.
During this peace negotiation, the 1,200 army horses supplemented the ever-strained cavalry in the lower army. Prussia obtained 400,000 thalers of silver coins per year. Plus my 900,000 thalers of silver coins, Prussia's reconstruction funds were 1.3 million, which seemed a bit
It's a drop in the bucket, but that doesn't even count what we stole from Saxony.
533 cattle, 3564 sheep, 6434 chickens, 7321 ducks, chickens...
It's really hard work on those Saxon soldiers and the Hitler regiment who drove these animals here. It would be great if their fighting skills were as good as their cattle driving skills.
The gold and silver currency was as small as ever, less than 300,000 thalers, but there were quite a few gold and silver utensils.
The silver vessel weighs 18,841 pounds and 201 grams. According to the silver content of a thaler coin, which is 92% silver and weighs 48 grams, the weight of the confiscated silver vessel is comparable to 1,935,299 thaler silver coins. The weight of the gold vessel is relatively small. You don’t have to think about it to know that it has been stolen.
It’s only a little over 1,231 pounds, which is converted into 34 grams of gold marks with a gold content of 93%, which is approximately 164,230 gold marks. According to the conversion of 1 gold mark to 5 thalers of silver coins, these gold and silver are approximately worth 2.72 million towers.
Le silver coin.
There are countless fine silks and clothes, 1,366 pieces of fur, and 21 pounds and 1,215 grams of gems of various colors. We probably robbed more than 3 million talers of silver coins from Saxony. This money seems to be a lot, but if you look carefully
One point, and we Romans took half.
Fortunately, I used the fiefdom to end the reward problem of Philetria. Otherwise, if the 1.5 million wealth passed through Philetelia for a reward, I don't know how much money would be left for the reconstruction of Prussia.
In this reward, the Anhalt Principality of Prince Dessau expanded to 41 square kilometers, including farmland including 7 villages. The Junkers of various southern estates received more or less farmland, while the treasonous deserters defected to the Ming Party.
Although nothing was gained, at least nothing was lost, and both parties were quite happy under the current harmonious and friendly situation.
However, for rebuilding the kingdom, a lot of wealth was turned into money and used in a short period of time, so we are still short of money.
Leave 35% of those gold and silver utensils to the Thirty-third Spartan Legion as trophies to reward their bravery in combat, 5% to reward the Hitler Regiment, and 15% to the middle and high-level officials, and keep these things with
I exchanged the soldiers for the cash they had on hand, and I finally scraped together a fortune worth 400,000 thalers of silver coins.
In this way, the money that can be used for the reconstruction of Prussia will be 1.9 million.
But this amount of money is still a little too little. After all, many villages in eastern Prussia suffered considerable losses due to the ravages of the Swedes.[
In this way, under the background of Prussia's extreme lack of cash, the seven-member committee I told Philetria before was established, but there were more people than I mentioned.
Fritelia named this the Prussian National Council of Ten, of which she was the chairman. The committee members included the following: Prince Dessau, Count Schwerin, Count Leibniz, Count Gallen, Count Hamel, and Hamel.
The earl, the earl of Falkenhayn, the Duke of Konigs, and finally Wendil and I.
Prince Dessau and Count Schwerin both belong to the military forces. They have been loyal supporters of Philetria from the beginning, but Count Schwerin comes from a court Junker. Prince Dessau himself is a special existence in the kingdom. As a member of the Kingdom of Prussia,
Since the Prussian policy did not affect him, he could barely be regarded as a neutral faction.
Count Leibniz, the uncle of Friedelia's close friend Hans, the Great Junker of the Kingdom of Prussia, is regarded as the senior member of the Manor Juncker faction of the Kingdom of Prussia. In the same way, Count Hamel was also born in the Manor Junker, and his identity
The relationship is relatively close to Feletelia's close friend Hans. Hans's father's brother's wife's sister's husband is him.
Count Falkenhayn. He is also a manor Junker, but he is pro-Russian.
Earl Gallen, this brother is an old man from the Kingdom of Prussia. He belongs to the Junker side of the court. His abilities are not outstanding. The only bright spot is the old man. Feletelia inserted him into the palace to appease the originally treasonous court.
Junkers.
The highest-ranking member of the committee, Duke König, was from Austria and was the voice representing Austria in Prussia.
He is also the person who has the biggest opinion on our ability to occupy two seats in Rome.
He once said that Austria must also have two seats, but in the end, he was defeated by the condition that adding one Austrian seat would add one Prussian seat to the Ming party.
The entire ten-member committee is responsible for planning the reconstruction of the Kingdom of Prussia and supervising the use of funds. The scope of power is very general, and it seems that it can get involved in everything. As for the way it operates, everyone can put forward any opinions on the reconstruction of the Kingdom, and then vote
If there are more than 5 votes, the vote will be handed over to Feletelia immediately. If she agrees, she will approve the dispatch of relevant personnel to implement it. The ten-person committee will assign corresponding personnel to supervise it. If it fails, it will go back and start over. And in
In the voting, Philetria had two votes per person.
It seems that the ten-person committee is fair, with 3 manor Junkers and 3 court Junkers. The Austrians can unite two manor Junkers or even 3 manor Junkers to occupy 4 votes, but that's all. We in Rome
, Wen Dill and I have two votes, the rebels behind Earl Gallen are clinging to my thigh, Prince Dessau and Schwerin each have one vote to fight for, and Feletelia himself has two votes. As long as nothing happens, I
It basically controls the ten-member committee.
As soon as the Committee of Ten was established, the first issue came up that day, how to increase the funds on hand to rebuild Prussia.
The Junkers of the Manor immediately expressed their intention to raise taxes as punishment for Earl Gallen and the forces behind him. The Austrians agreed and proposed the sale of official titles, but I opposed it. The reason is that increasing taxes on those who abandon the dark side and turn to the bright side will sway them.
Loyalty to Philetria is not conducive to the political situation of the kingdom, and buying and selling official titles will aggravate the kingdom. It is just drinking poison to quench thirst.
The political stability of the Kingdom of Prussia is more important than anything else. Therefore, not only cannot taxes be raised on any class, but on the contrary, taxes must be reduced to win the support of the people across the country. Taxes were reduced in Berlin for 18 months, in Potsdam for 15 months, and in New York in the east.
Taxes will be reduced in Mark for 21 months and in other places for 12 months.
The Junkers of the Manor and the Junkers of the Palace expressed their support one after another, and old man Schwerin was puzzled. If taxes were reduced, how could they be used to maintain the entire kingdom? Isn't this the opposite of the ultimate goal?
Of course not. Reducing taxes for various places is only the first step of my policy. The next step is to sell livestock at a low price to people across the country who are interested in buying livestock and exchange funds from them. In addition, the Kingdom of Prussia issues national debt. To buy national debt,
It's not anything else, but the grain that is being harvested and stacked in the warehouse. If you use the current grain to buy national bonds, you can get back 105 or 108 times the current market price in cash based on the bonds.
The technology of printing stocks is not a problem, and the people who buy them are not a problem. There are a lot of people who want to show their loyalty to Filetria by abandoning the secret party and joining the Ming Dynasty. Therefore, this is a tax reduction and does not require anyone to spend money.
Passed.
The issued national debt represents a large share of grain. According to the current market price, the face value corresponds to 1 thaler for 10 pounds, 55 thalers for 50 pounds, 11 thalers for 100 pounds and 110 thalers for 1,000 pounds. The terms are also divided into
Three types increase with the level of interest rates, namely 1 year, 3 years, and 5 years. The interest rates also range from 105 to 1075 to 11.
In order to show their loyalty to the royal family, the party who abandoned the dark side and defected to the Ming Dynasty took the lead in purchasing enthusiastically. This triggered competition among the royalists for the estate Juncker. In just one month, livestock were robbed, especially cattle, which suddenly injected funds for reconstruction.
More than 90,000 thalers of silver
coins, and warehouses in various places are filled with wheat grains from all over the world. According to statistics, the total weight is 14,430 tons. According to the conversion of 2,204 pounds per ton, we have sold a total of 349.84 million thalers of national debt, 2.42 per ton.
Thaler.
I didn't get a penny, but I was saddled with a foreign debt of nearly 3.5 million yuan.
In addition to the 3,000 tons of grain transported by the Saxons, we have stockpiled more than 17,000 tons of grain in various places.
But what do I need so much wheat for?[
Of course it was sold, but only to the French, 10,000 tons, 348 thalers of silver coins per ton. (To be continued...)
ps: Group number, several children are asking, 205345422
Chapter completed!