v5 Chapter 72: , Win-win cooperation (2 in 1)

A genius remembers the address of this site in one second: (Top Chinese), the fastest update! No ads!? 1923 was the year when the London Treaty was officially implemented. According to the treaty, a wave of disarmament broke out throughout the world. , Bulgaria is no exception, the navy was directly cut off the six-tier tonnage.

The navy was in turmoil. Even the retired Marine Marshal Petrov was alarmed, but it was of no use.

The treaty has been signed, and the disarmament is still to be dismantled. What the Navy Department can decide is to keep those warships and how many troops to abolish.

The navy is different from the army, as long as one man has a rifle in hand, it can maintain its organization. Without enough warships, the size of its personnel must be greatly reduced.

It won’t work without reducing the establishment, because in the national defense budget of 1923, the navy’s military expenditure has been cut by five tiers, making it the lowest military expenditure of the Bulgarian army, navy and air force.

This year's military expenditures were successfully suppressed at 23.7% of the fiscal budget, and the military expenditure allocation ratio of the army, navy and air force has also become 6:2:3.

No way, who said it is a navy holiday? Countries all over the world are disarmament, and Bulgaria will naturally follow suit.

The proportion of military expenditure in fiscal revenue has dropped significantly, but the total military expenditure has not declined. With the increase in fiscal revenue, the proportion of military expenditures will naturally decline.

In 1918, Bulgaria's fiscal revenue was 5.2 billion lev; but in 1923, the budget given by the Ministry of Finance was 9.2 billion lev, an average annual fiscal growth rate of 12%.

This is not surprising. On the one hand, Bulgaria’s economy has developed rapidly in recent years, and on the other hand, the government has sold a large number of state-owned enterprises, freeing itself of the burden of dragging its feet.

Except for the state-owned enterprises involved in international people's livelihood, other non-profitable or low-profit industries have been dealt with by the government one after another.

In this item alone, losses of several hundred million are lost every year, and as these enterprises turn from state-owned enterprises to private-owned enterprises, they also bring in a large amount of taxation and promote the rise of fiscal revenue.

The restructuring of state-owned enterprises will continue to deepen. Ferdinand has decided to abolish the tax-exempt privileges of state-owned enterprises. Unless it is a tax-exempt industry, state-owned enterprises must also pay taxes to the government normally.

For these officials who brought down the company, the Independent Commission Against Corruption must conduct a thorough investigation. If there is no problem, it is enough to clean up the bedding and go home.

Once a problem occurs, it will naturally be severely punished, even if it is the predecessor or the former predecessor, do not want to run away no matter what position you are in.

Considering the complexity of the source of funds, the ICAC has never been bothered to distinguish between legal and illegal income for the borers. The main reason is that there is no way to distinguish it. As long as there is illegal income, it will naturally be confiscated.

Ferdinand even heard that some unlucky guys just entered the government work, embezzled hundreds of levs, and were directly confiscated all of their family properties.

Of course, by now, it is not as ruthless as it was back then. Except for rebellion and treason abroad, the government is no longer involved in other charges.

The property of the family members can only be proved to be their legal income, and it will not be confiscated by a single brain. It is much better than in previous years.

Well, Ferdinand admitted that it was because the government was too poor that year, and in order to solve the financial crisis, everyone could not do it.

Now the day is getting better, and everyone is starting to pay attention to food, but the party’s property has been confiscated in full, and the relatives have to repay the party’s property twice.

The government's determination to fight corruption remains unshakable!

The biggest news in the world is undoubtedly that the Italian government directly declared bankruptcy. The Germans also demanded that the payment of 1924 cash indemnities be suspended on the grounds of the devaluation of the Mark.

I have to say that the Germans chose a good time this time. The Italian government declared bankruptcy very bachelor, putting the Allies into a very embarrassing situation.

The so-called military control of Italy by the British is only used to scare people. The ultimate goal is to make the Italians honestly pay war reparations.

The French are very interested in military control of Italy, but John Bull doesn't agree?

At this time, the military governs Italy. Didn't it allow France to annex Italy?

Ferdinand also expressed interest very cooperatively. After France sent troops, Bulgaria also sent troops at the request of the British consortium.

On the surface, there is nothing wrong with it. According to the agreement between Bulgaria and the British consortium, Bulgaria must guarantee the payment of compensation, so military action is inevitable.

When John Bull saw that the momentum was wrong, he immediately sent troops to join in. Because they were worried that the two countries would directly carve up Italy, they demanded that the three countries' troops must be mixed and joint operations.

This rude request was immediately opposed by the joint efforts of the two countries, making the British Empire very faceless, but the strength of the two countries’ joint forces in the Mediterranean to protect France was stronger than the British, making John Bull very uncomfortable. .

At this time, the Germans proposed to postpone the payment of indemnities, and the British immediately agreed. What he said this time, John Bull could not let the French military control Germany!

While the London government was still struggling with these issues, Ferdinand had already approached the British consortium, and the two sides had negotiated on the Italian issue.

On August 12, 1923, the Bulgarian ambassador to London, William Snov, and Douglas, the representative of the British consortium, had a secret discussion on the issue of Italian compensation.

"Mr. Williamsnov, according to our agreement, now the Italian government has gone wrong, and your country needs to take responsibility for this!" Douglas Howe said bluntly

"Mr. Douglas, haven't we already taken action? Now that the Bulgarian army has military control of southern Italy, isn't it just to solve the problem of compensation?" Williamsnov said with a smile

"However, this cannot solve the problem. With the current economic situation of Italians and the tax situation in southern Italy alone, it is impossible to repay this compensation at all!" Douglas retorted

"No, Mr. Douglas, your calculation is wrong! The southern region of Italy has more than 14 million people, of which there are at least 8 million working people. If they all work for you, how can they not be able to pay the compensation?" William Snowf asked back

"It's impossible, we don't need so much labor at all. Mr. Williamsnov's joke is not funny!" Douglas said angrily

"Don't get excited, Mr. Douglas. You can look at the problem like this. Now the domestic economy in Italy is dead, and labor costs have fallen to the bottom. As long as you give them a bowl of food, they can kill you!

In Italy, you don’t have to worry about the nasty unions, and you don’t have to worry about strikes. If you are in a happy mood, you can also drive a tank to inspect the factory!

With your strength, is it difficult to make money? By making use of so much cheap labor without having to bear heavy taxes, is this benefit not enough to repay the debt? "William Snowf said calmly

Douglas fell into contemplation. Obviously, the Bulgarian's proposal tempted him. The real economy is not that it does not make money. It is just the rising labor and tax costs of the British Empire. The profits of the company are chillingly low.

If the consortium’s factory is moved from London to Italy, these problems will disappear, and the labor cost will only need to be paid by one-fifth, or even lower.

Workers can be unscrupulously asked to work overtime, and strikes can be suppressed at will. Compared to London, conditions are not known how many times better.

Raw materials are not a problem, anyway, most of the raw materials in the British Empire are imported from abroad. They are still the same when they arrive in Italy, and the journey is even shorter, which just offsets the freight of returning the goods to London.

"What does Mr. Williamsnov mean, can all businesses be tax-free?" Douglas asked concerned.

If you can still pay no tax, then this profit will be even more impressive. Now the British Empire has too high a level of real industry, much higher than tariffs.

"Of course not. What I mean is that a tax package system can be implemented. We will directly contract the taxes of each city to you. All tax rates and tax types are set by you.

You can form your own armed forces to maintain local security. Under normal circumstances, we will not interfere in any of your actions.

I believe that your operating capacity is definitely higher than that of the government. The tax increase is your profit. We only need to collect the expenses of the garrison. "William Snovnov explained

Douglas was overjoyed. If there is so much good news, even if the Italian government cannot pay the war reparations, these profits will be enough to make up for the losses.

"Mr. Williamsnov, I believe in the sincerity of your government, but this question is beyond the scope of my jurisdiction. We must study it before we can answer you!" Douglas replied without changing his face.

"Well, you have three days to think about it. If it doesn't work, we can only cooperate with others!" Williamsnov said calmly

...

Refuse? How can capitalists refuse profit?

The conditions given by Ferdinand are a plan for the maximization of interests by Bulgarian economists after rigorous calculations.

Even if you don't make any investment, just control these cities, the benefits you get every year are astronomical numbers. If you make clever plunder and turn these industries into your own, then the benefits will be even greater.

Ferdinand was so tempted, if he didn't take influence into account, he would have to do it himself. Now that all such big benefits are thrown to the British, I am not afraid that they will not be tempted!

As for whether the Italians will rebel in the future, why do they think so much? Let's start by making money. As long as we control it for three to five years, the consortium can recover the war reparations owed by Italy.

It's just that when the time comes, they are reluctant to give up the benefits they get every year, it's hard to say!

But at that time, it was the turn of the British to have a headache. Presumably, with the strong strength of the British Empire, it was more than enough to suppress an Italy!

Time passed in a hurry, and three days later, the Bulgarian government and the British consortium officially reached an agreement on Italy's compensation.

According to the agreement, all the profits of the British in Italy are only normal business transactions, and have nothing to do with loans.

The war reparations owed by the Italian government is still indispensable. Delays in payment are all subject to late fees, while Bulgaria collects part of the contract tax, which is regarded as the two sides are sharing the spoils.

Of course, the British consortium will no longer hold Bulgaria’s guarantee responsibility. After all, the money is already in hand, so what can I say!

The most direct consequence was that by 1928, the export value of the British Empire dropped by 180 million pounds compared with 1923, while the import trade volume increased by 380 million pounds.

If these transactions were not made in pounds sterling, the trade deficit alone would be enough to cause the British Empire to collapse.

The Kingdom of Italy has also become an industrial power. Of course, this powerful country has not brought the benefits of a dime to the Italian people. All are burden-bearing disasters.

...

The sinkhole was dug down, and Ferdinand's mood was much better. The London government did not know that they would have fallen into the quagmire of Italy in the future.

When the consortium set up factories in Italy one by one, a large amount of industry was transferred over. Even if the London government wanted to abandon Italy, these vested interests would not agree!

And is it easy to rule a country like Italy that has completed its national awakening? There will be no problems in the short term. The smoke of the world war has just passed.

He was repaired by hunger again, and now they can kill you as long as you give them a bowl of rice.

But time can forget all of this. For the past three to five years of peace, opposing colonization and oppression will once again become the mainstream of this country, and it will be enough for the British to bear.

"Your Majesty, something has happened in the Far East! At 11:58 on September 1, a major earthquake occurred in Tokyo, Japan. Our embassies in the Tokyo area collapsed in half. Fortunately, there were no casualties. Now Tokyo is in chaos!

According to the news from the embassy, ​​the earthquake affected a large area, and the Japanese are in bad luck this time! "Medev said gleefully

It is not news that the Bulgarian government does not catch a cold to the Japanese.

This is all due to the Russians. Before the end of the world war, the Russian Empire had always had a great influence in Bulgaria.

During the Russo-Japanese War, Bulgaria supported the Russian Empire and made a fortune in the war. Naturally, the relationship with Japan was not very good.

It's just that there hasn't been much conflict of interest for a long time, and the diplomatic relations between the two countries are still passable and have not become enemies.

Well, this is just what Ferdinand himself thinks!

Although the outside world also thinks that the relationship between the two countries is not good, it is the credit of the Russians, but they all think it is the credit of the bedside wind. Who made him, the king, show his hatred of the Japanese?

With the upside and downside effects, even if someone has a good impression of Japan, they dare not show it? There is no need for Ferdinand, and the pro-Russian factions within the government have also suppressed them.

Although the momentum of the pro-Russian faction has dropped a lot, there are still many people who have a good impression of Russia. This situation is the natural cultural identity of both sides, and no one can control it.

Anyway, it is also relative. There are not a few Russians who have a good opinion of Bulgaria. Not to mention, as long as Russians are immigrants, 99% of them will choose Bulgaria.

In this context, the Bulgarian people are not cold towards the Japanese government. This is indeed the credit of the Russians, and Russian immigrants have brought hatred towards Japan.

Ferdinand, who is familiar with all of this, naturally did not guide public opinion because of his own feelings.

Due to the geopolitical relationship, the two parties do not have much conflict of interest, and there is no common interest. Naturally, there are not many exchanges, and the relationship is very general.

"Well, I see! In the name of the Bulgarian government, send a telegram of sincere condolences to the Japanese government, and let the Japanese government protect our diplomats and nationals!

In addition, in Sofia, organize a medical volunteer rescue team to represent the Bulgarian government in disaster relief! "Ferdinand said with a smile

Anyone who knows him knows that he is in a good mood now.

"Yes, Your Majesty!" Metev replied

With the speed of traffic in this era, when the Bulgarian medical rescue team was formed, it drove slowly from Sofia and arrived in Japan. It is estimated that it would not be able to catch the body.

As for efficiency, how can it be efficient? Volunteer medical rescue team, how many medical staff are there in this year who are willing to volunteer to go to Japan for disaster relief?

With such an obvious perfunctory attitude above, how can bureaucrats be quick?

If nothing else, many European countries will do this this time. There is no way that the European people are busy coping with the economic crisis. Who is in the mood to take care of the Japanese affairs?

...

Tweet: "Seeking the Truth in the World"