Chapter 821 New Back Garden
Joseph smiled and said, "In fact, military occupation is the least efficient method when we can exert great influence on Northern Italy."
Before Napoleon finished playing Alexandria, he sorted out the wrists of Europe and America in the 21st century. At this time, he met the expectant and suspicious eyes of Talleyrand and Seguel, and said in a leisurely manner. Come:
"We will start from two aspects - economy and publicity.
"Let's talk about the economy first.
"For example, if we want to strengthen our control over Milan, we can first provide them with a high loan..."
The corners of the eyes of the two financial system officials were twitching.
The conquerors have always made a lot of money from the occupied areas, and this is the first time I heard that they would have to borrow money from the occupied areas in turn.
Seguer said carefully: "Your Highness, are you saying that they are forcing them to accept extremely high interest loans?"
If the interest rate exceeds 35%, and the physical goods are used as collateral, this can be considered a good business.
Joseph shook his head: "No, no, if the interest rate is too high, it will only be boycotted. Well, the interest rate of 3% is almost the same."
"3%? How can this work!" Seguer exclaimed. You should know that the interest rate of deposits by the Legal Reserve Bank is more than 3%. If you borrow with such a low interest rate, wouldn’t it be a good amount to lose?
Joseph smiled and said, "Actually, I want to borrow interest-free loans, but doing so will arouse others' vigilance, so I set 3%. "
"But..."
Joseph signaled him to calm down and explained: "We should use low interest rates to attract northern Italian states to take the initiative to ask for loans, and use this as a kind of 'special care' for them by France, making them more willing to turn to France.
“And these loans will be provided in paper money and will not put too much pressure on our finances.
"Countries that receive loans can only use this money to buy goods from our country or the Caribbean, which will make them actually a dumping market for our country."
Joseph paused and said in a stressful tone:
“At the same time, these loans have to be attached with some conditions.
"First of all, the country accepting the loan must accept that the franc banknotes are circulated in China, and at least they can be exchanged freely with their own currency in the bank.
"Secondly, these loans can only be used to invest in specific industries, and these industries must have a certain proportion of French shares.
"Finally, the use of loans must be subject to supervision from our country."
Talleyrand and Seguer were both smart people, and soon they heard some tricks, and the suspicion in their eyes gradually turned into admiration.
If this loan is invested, you will get a large market almost immediately, and it is a market regulated by France.
With such a low interest rate, the northern Italian state will definitely rush to borrow. France can even add some political conditions, but it will not be rejected.
As for the conditions mentioned by His Royal Highness, in addition to the use of paper money to circulation, they are common loan requirements in this era.
However, this method can only be used within the scope of French military influence, otherwise others can be liable to pay.
Joseph continued:
"In addition to loans, we also need to help northern Italian countries develop industries." This time, Talleyrand and Seguel seemed a little numb, just looked at each other and waited for the following article.
"For example, there are some silk and steel forging industries in Milan. We can provide them with textile technology and smelting technology, and even sell steam engines." Joseph immediately added, "Of course, it is limited to crude satin and primary smelting.
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"These primary processing products will be processed in France for finishing, such as production into fashion and iron products, and then sold back.
"If you want to obtain my country's industrial technical support, you must first accept my country's "Patent Law", and secondly, recognize the evaluation of their industries, credit, etc. by our rating agencies."
In fact, after France achieved financial control over these small countries through loans, patent law and other things actually didn't matter.
If something really happens, just using domestic laws to judge is to be shocked by using some financial means. It really doesn't work, there are French troops watching you next to you.
For such a small country with a loss, even if France punishes it, it will not be opposed by surrounding countries, and will even criticize it with France.
Talleyrand and Seguel felt that they understood, but they didn't understand it thoroughly, and just kept nodding.
It was difficult for Joseph to explain it too deeply to them at this time. If you really want to explain it thoroughly, it would probably take one or two months of courses.
This is actually the "vertical division of labor system" in later generations.
Use finance, patents, credit ratings and other things to lock the dependent countries on the low-end industrial chain.
No mistakes, one song, one content, one in 6, one book, one bar, one reading!
But this is far better than allowing them to always be used as raw materials. After all, low-end industries also have a small amount of profits.
With this part of the profit, the purchasing power of these countries can be enhanced and thus better play the role of the French market.
At the same time, their industrial development will form a supporting role with France, and once they leave France's upstream industries, they will soon go bankrupt.
In this way, these countries will be tied to France more firmly.
On the other hand, with Joseph's deliberate allocation, the industrial development of these Italian states will seriously tend toward one field and completely abandon other fields.
This is the requirement that he added to the loan terms before that “loans can only be used to invest in specific industries”.
Even if this "scientific" industrial model is developed, the entire country will not be able to significantly improve its national strength. Just like a "big universe country" in later generations, it seems that several industries are very strong, but the national economic system is extremely fragile and will never be able to escape the dependence on the great country on the other side of the ocean.
Moreover, the industrial systems of these Italian states were required to have French shares from the beginning, and France could exert influence on them at any time.
Eventually, this place will only become a "back garden" in France.
Joseph had finished the record when Seguer had finished the record, and Joseph continued:
"Economic means can ensure that the Italian countries are in line with our country's interests, but if they want them to follow France willingly, propaganda is the most important thing.
"Even if the publicity is done well enough and you don't let them serve France, their people will be seriously dissatisfied."
Talleyran was overloaded when he heard this, and subconsciously said, "Your Highness, how can we make publicity work so much?"
Joseph signaled Emman to exchange for a new cup of tea for himself, and then said, "The basis of all this is to cancel the strict press review mechanism in the Italian countries.
"At least it is to relax news controls on our country."
Talleyran said with some concern: "Your Highness, it should not be difficult for countries like Genoa and Luca, but there may be great resistance in Parma and Sardinia."
(This chapter ends)