Chapter 1536 "Golden House"

Of course, Georgiana was not so stupid as to think that the conservative banker would actually put his coins into her hands and let her help operate it.

She estimated that in the end, each bank would review and issue these loans by itself. They would not even issue coins, but would issue bank notes issued by their own banks.

What banknotes and banknotes have in common is that they are both paper and have no value. The difference is that banknotes cannot be exchanged at banks, while banknotes can be exchanged. Another difference is that banknotes will depreciate with the amount of circulation. Banks

The bonds will not depreciate. The issuance of bank bonds must be guaranteed by gold and credit. The holders can redeem gold from the issuing bank at any time.

As long as the bank does not fail, people who hold bank notes can use it as a circulating medium. However, if the bank fails, the bank note is a piece of waste paper and its value cannot be equal to that of banknotes.

Since the outbreak of the French Revolution, governments have changed several times, and banks have collapsed quickly. If Napoleon had not returned from Egypt, the Directory's banknotes would have entered hyperinflation. Notes, banknotes, and banknotes seemed not to be very reliable, and they were still hard.

Currency is relatively safe.

In troubled times, gold and silver were more practical than antiques, works of art, and jewelry. Napoleon would send money back to the Directory in Italy at first, but later it was just works of art. He had just tricked the Directory's bureaucrats.

Georgiana did not believe that Henry Petty would be so "considerate" as to tell Napoleon this method, prompting the bankers to spend the money in the bank to revitalize the French economy.

Napoleon was a risk taker. The interest rate he set for the national debt this time was 5%, which was higher than the British interest rate of 3%. Similarly, the 7% interest rate he issued for farming loans was also higher than the average market interest rate, although it was not

The high loan shark interest rate of 16% in Lorraine is sure to attract some bankers.

However, it is written in "The Wealth of Nations" that if the interest rate is set too high, the people who come to borrow money will not be honest farmers, but speculators. Only speculation can make profits higher than the interest rate on loans. Therefore, the interest rate will eventually be restored.

The market average level was 5%. In 1766, Louis XV promulgated a law that lowered the interest rate to 4%. However, people still used various methods to avoid it, and the private lending interest rate was still 5%.

The loan of 1% interest to the Paris bakery was carried out under the dual pressure of the guild and the police, and the main borrowers were the liberal aristocrats headed by Léon Cour, who had experienced the Great Revolution and had witnessed the

During the bloody reign of terror, Leoncourt still hid in the countryside for a while.

The nature of this organization has changed a bit now. Not only Marmont, but also other people are interested in the mines of the liberal aristocrats and the few remaining religious assets of the church. It's just that the reputation of "the great good man" is better.

Napoleon's cronies have yet to find an excuse.

To put it simply, money is exchanged for life. When there is a revolution, the people will disembowel the nobles, but they will not touch any of his belongings and hand them over to the public. Interests and terror are the levers that drive people to action. Some people

Fear was overcome for the sake of profit, and some people ignored profit because of fear. Even when there was famine, some people still smuggled food. Money is actually a kind of tool. Gold and silver mines were discovered in the New World and shipped to Europe, allowing more currency to circulate in Europe than before.

At that time, due to the lack of gold and silver, pepper, silk, and spices had to be used as currency. With these gold and silver, the monetary value of pepper, silk, and spices was gone.

Spain and Portugal were rich in gold and silver, which was not as scarce as other European countries, so they could exchange fewer supplies.

Although other countries do not have gold and silver, they can use paper money to replace it. After the land is improved, it becomes fertile and more grains are grown. Handicrafts are developed when people can eat enough. The tools of handicraftsmen continue to make agricultural production more productive.

Once the food supply is cut off, in Lyon for example, the silk workers have no way to start work, and the guillotine has to cut off one head after another. But the most fundamental reason does not lie with the bakers and the counterfeiters.

The bonds are issued based on land. Bond holders in the city have no interest in rural land and are in no hurry to redeem them.

In fact, if there is no currency, barter can be used. What do the Lyon people use to exchange food with farmers? Isn't silk only worn by nobles?

Credit is also available, but it depends on credit. France's credit is bankrupt. The French king's style is to frame his family with false accusations and confiscate his family property. This has been a "tradition" since the Knights Templar. The Thermidorians transferred "Hostages"

The Law was abolished, but people are still used to acting in accordance with its provisions.

Josephine wanted to be the queen, and that's what "history" is. She also thought about having a religious wedding with Napoleon during the coronation ceremony.

Georgiana would only think that way if she had an extra head. The crown was too heavy and covered with thorns. She couldn't even wear it, let alone a fantasy like surrendering England to France.

So those old aristocrats were full of naive illusions about politics, screw the Sabine women.

After the harvest in September, the inspectors from the Paris Agricultural Association who were sent abroad have all returned, and they are generally sunburned. Mardan is still in the west, and he will not be able to come back for the time being. The problems in Lorraine and Alsace are beyond reach.

Within the scope of Georgiana's abilities, there is a local system in which the highest bidder decides whether public real estate is allocated or rented. This system is undoubtedly beneficial to the rich, and the richest people at present are loan sharks, so Alsa

Si's problem is very acute.

Through this trip to the countryside, the inspectors understood that what farmers are most in need of is not money, but technology and knowledge. Georgiana gave this need a name, called agricultural technology. This time, potatoes were harvested in the fallow land.

, the fertility of fallow land is already good, but with the addition of human manure, the fertility is even stronger.

However, sugar beet cultivation still cannot be promoted. For farmers to accept a new kind of agriculture, a certain cultural foundation is needed. This is also a kind of "generation gap". While the cultural undertakings in Paris are developing rapidly, the countryside of France is still stuck in the situation 200 years ago.

, farmers still listen to priests and churches, because of religious reasons, laziness is one of the original sins. They believe that some people are poor because of laziness. The high price of wheat leads to mass production with its attractive profits, and people feel that they must pay for it.

Harvest. A decree was also issued in 1795, explicitly stating that "immoral and lazy institutions" threatened the "sacred character" of private property.

For a long time, the peasant community has been accustomed to open fields. After enclosing the land, neighbors must respect the fence. Farmers in Normandy will tie up their livestock and prevent them from grazing elsewhere. Farmers in Lorraine and

The hired hands were quarreling over the common property, and while the farmer was struggling with where to find pasture for his cattle, they were in no mood to worry about sugar in Parisian cafés.

The conquest of fallow fields by planting potatoes is a new victory for mankind over the land. It is as exciting as the great reclamation movement of the Middle Ages. However, it is too early to make the leap from food to the cultivation of industrial raw material crops. People cannot accept it. Sowing and harvesting do not depend on

The education level of those who work in the fields is low, but planning what to sow, what to plant, and how much to plant requires guidance or calculations by oneself. This also involves economic issues, and how much money the farmers themselves need to borrow also needs guidance.

At this time, Georgiana suddenly felt that chemical fertilizer was really a good thing to save people, although the pollution and environmental damage it caused were also serious.

Those banks will also encounter security problems when transporting coins from their respective vaults to local branches. The tax money of the national treasury will be robbed. This requires armed escort and will incur remittance fees. If no one bears this fee, and this fee

If the losses caused exceed the losses of the new national standard coinage, the bank would rather not remit the money and would rather keep it in the bank as bank currency.

She now felt fully what the ministers said, that Bonaparte was responsible for giving orders and they were responsible for carrying them out.

The farming class is eager for technological improvements, while hired workers hate it. Machines have taken away Mike's jobs. In the 21st century, French farmers often drive sheep, cows, pumpkins, and eggs to Paris to cause trouble. This is also a part of French culture.

part.

While I was kissing my boyfriend on the romantic streets of Paris, I suddenly saw a herd of cows walking through the beautiful streets of the flower capital. Didn't it feel like my dreams were shattered?

That's right, Paris is not a place where dreams come true, as Canova's disciple Selassie knew very well.

If Napoleon had not met the young Robespierre, he would have been just one of the broken dreams among the bustling crowd in Paris.

It is impossible to melt gold and silverware, turn it into gold bars, silver bars, and then mint coins. Why should a gold cup bought for 24 francs be made into gold bars of 18 francs? Who will bear the loss, unless the gold cup was purchased from elsewhere?

Robbed.

It was impossible for Italy to rob it. Napoleon himself swore that the French army would not go to Italy unless Italy encountered a situation similar to the French invasion again.

Then she found out shamefully that she had actually fallen into the "robber logic". If she started a war and won the war, it would be okay if she had spoils. If she lost, who would bear the losses?

The issue of Saint-Domingue has not been resolved yet. Her original plan was to make it a meat export destination for France, but now probably no one in France thinks about that issue.

There was a new constitution, the return of the exiled nobles, and the Industrial Exposition. Hortense was pregnant and gave birth. If the child was born a boy, he would most likely be the heir of France.

With so many problems at home, who has the time to care about things thousands of miles away?

She really hoped that Toussaint Louverture was still alive and had not been transferred to a forgotten corner of the world to fend for himself, and was forgotten and died like Grindelwald.

Sprout has dragon dung that is comparable to chemical fertilizers, and magic potions that are comparable to pesticides. Don’t ask, ask again: is it magic?
Chapter completed!