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 was no exception. The navy was directly cut off by six tonnage.

The navy is turbulent, even the retired Marshal Petrov is shocked, but it is useless.

The puppet treaty has been signed, and the disarmament is still to be dismissed. The Navy Department can only decide to retain those warships and how many troops to abolish.

The navy is different from the army. As long as one rifle is in hand, it can maintain its establishment. Without sufficient warships, the size of personnel must be greatly reduced.

It is not possible to reduce the establishment, because in the defense budget of 1923, the navy's military expenditure has been cut off by five layers, and it has become the lowest military service in the Bulgarian army, air, and air forces.

This year's military expenditures were successfully suppressed at 23.7 percent of the fiscal budget, and the military, air, and air forces' military distribution ratio also became 6: 2: 3.

I ca n’t help it, who says it ’s a Navy holiday now? Countries around the world are disarming, and Bulgaria will naturally follow suit.

The proportion of military expenditure in fiscal revenue has dropped significantly, but the total military expenditure has not decreased. As fiscal revenues increase, the proportion of military expenditures in expenditures naturally declines.

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

This is not surprising, on the one hand, the rapid economic development of Bulgaria in recent years, and on the other hand, the government has sold a lot of state-owned enterprises to get rid of the hindrance.

Except for state-owned enterprises that are involved in international people ’s livelihood, other industries that are not profitable or are not profitable have been gradually disposed of by the government.

For this item of light, each year, it will lose hundreds of millions of dollars in losses, and as these enterprises go from state to private, it also brings a lot of taxes and promotes the rise of fiscal revenue.

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

For the officials who have ruined the enterprise, the Independent Commission Against Corruption must conduct a thorough investigation, and there is no problem, just pack the papers and go home.

Once a problem occurs, it is naturally punished severely, even if it is a predecessor or ex-predecessor, no matter what position you are in, you don't want to run away.

Considering the complexity of the source of funds, the ICAC has never been too lazy to distinguish between legal and illegal income. There is no way to distinguish between them. As long as illegal income is obtained, it is naturally confiscated.

Ferdinand even heard that some unlucky eggs had just entered government work, had corrupted hundreds of levs, and had all their properties confiscated.

Of course, now, it is not as harsh as it was then. Except for rebellion and betrayal, the government has stopped engaging in crimes.

The property of the uncle's family can only be proved to be their legitimate income, and will not be confiscated by a brain, which is much better than in previous years.

Well, Ferdinand acknowledged that the government was too poor at that time, and in order to solve the financial crisis, everyone had no choice.

日子 The life is getting better now, and everyone is beginning to pay attention to the food, but the property of the parties is confiscated in full, and the relatives accepted the parties' property to be repaid double.

The government's determination to fight corruption remains unshakable!

The biggest international news is undoubtedly that the Italian government directly declared bankruptcy, and the Germans also demanded that the 1924 cash payment be postponed on the grounds of the depreciation of the mark.

I have to say that the Germans chose a good time this time, and the Italian government announced its bankruptcy, leaving the Allies in a very embarrassing situation.

The so-called military control of the Italians by the British is nothing more than a scary one. The ultimate purpose is just to let the Italians pay the war compensation honestly.

The French have a very strong interest in military control of Italy, but John Niu did not agree?

Isn't military control of Italy at this time allowed France to annex Italy?

Jeff Ferdinand also showed great interest in cooperating. After France sent troops, Bulgaria also dispatched troops at the request of the British consortium.

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

When John Niu saw that the momentum was not right, he immediately sent troops to join in. Because they were worried that the two countries would directly divide Italy, they demanded that the troops of the three countries must conduct mixed operations.

This impolite request was immediately opposed by the joint efforts of the two countries, making the British Empire very shameless, but the strength of the joint efforts of the two countries in the Mediterranean and France was stronger than the British, so disgusting that John Bull was very uncomfortable .

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

While the London government was still suffering from these issues, Ferdinand had already approached the British consortium and the two sides had negotiated on the issue of Italy.

8On August 12, 1923, Bulgarian Ambassador to London Williamsnov and British Consortium Douglas held a confidential discussion on Italian compensation.

"Mr. Williamsnov, in accordance with our agreement, the Italian government is now in debt, and your country needs to take responsibility for it!" Douglashow said politely

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

“However, this does not solve the problem. Given the current economic situation of the Italians and the tax situation in southern Italy, it is impossible to repay this compensation!” Douglas countered.

"No, Mr. Douglas, your calculation is wrong! Southern Italy has more than 14 million people, including at least 8 million laborers. If they all work for you, how can they not pay the compensation?" William Snoff asked

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

"Don't be excited, Mr. Douglas. You can look at it this way. Now that the domestic economy in Italy is finished and the labor costs have fallen to the bottom, as long as you give them a bowl of rice to eat, they can kill you!

意大利 In Italy, you do n’t have to worry about those pesky unions or strikes. If you are happy, you can drive a tank to visit the factory!

With your strength, is it difficult to make money? Utilizing so much cheap labor without having to bear heavy taxes, is this benefit not enough to pay off the debt? Williamsnov said calmly

Douglas fell into meditation. Obviously, the Bulgarian proposal made him tempted. The real economy is not not making money, but the rising labor costs and tax costs of the British Empire. The profits of enterprises are so chilling.

If the consortium's factory is moved from London to Italy, these problems will not exist, and the labor cost only needs to be paid one-fifth, or even lower.

I can force workers to work overtime recklessly, and can suppress strikes casually. Compared to London, conditions do not know how many times better.

The raw materials are not a problem, anyway, most of the British Empire's raw materials are imported from abroad, it is the same to Italy, and the distance is even closer, just to offset the freight to return the goods to London.

"Mr. Williamsnov means, can we exempt all businesses from taxes?" Douglas asked with concern.

If you can not pay a cent of tax, then this profit is even more impressive. Now the level of the British Empire for the real industry is too high, much higher than the tariff.

当然 "Of course not. I mean that a tax package system can be implemented. We directly contract the taxes of various cities to you. All tax rates and taxes are set by you.

You can set up your own armed forces to maintain local law and order. Under normal circumstances, we will not interfere in any of your actions.

相信 I believe that your operating capacity must be above the government. The added tax is your profit. We can only collect the expenses of the garrison. "Williamsnov explained

I was pleased in Douglas's mind. If there was so much good news, even if the Italian government could not pay the war compensation, these profits were enough to make up for the loss.

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

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

Uh ...

Refuse? How could a capitalist reject profit?

The conditions given by Jeff Ferdinand are a plan to maximize the benefits of Bulgarian economists after rigorous calculations.

Even if no investment is made, the benefits of controlling these cities each year are an astronomical figure. If you cleverly win and turn these industries into your own, this benefit will be even greater.

He was so enthusiastic about Ferdinand. If it wasn't for influence, he would do it himself. Now all such great benefits have been lost to the British, not afraid of their unwillingness!

As for whether the Italians will rebel in the future, what are they thinking about? Earn money first, then, as long as you control it for three to five years, the consortium can recover the war compensation owed by Italy.

But at that time, they are reluctant to give up the benefits they get each year, it is difficult to say!

But at that time, it was the British's turn to have their own headaches. Presumably, with the strength of the British Empire, it was more than enough to suppress an Italy!

Time passed quickly, and three days later, the Bulgarian government and the British consortium formally reached an agreement on Italian compensation.

According to the agreement, all the British people's income in Italy is just normal business transactions, and there is no dime relationship with the loan.

The war reparations owed by the Italian government are still indispensable. All deferred payments must be subject to late payment fees, while Bulgaria receives a portion of the contract tax, which is considered to be the two sides.

Of course, the British consortium will no longer be held responsible for Bulgarian guarantees. After all, the money is already available. What else to say!

The most direct consequence is that by 1928, the British Empire ’s domestic exports fell by 180 million pounds compared with 1923, and the import trade volume increased by 380 million pounds.

If these transactions were not conducted in British pounds, the trade deficit alone would be enough to bring down the British Empire.

王国 The Kingdom of Italy has also become an industrial power. Of course, this power has not brought the benefit of a dime to the Italian people. All of them are load-bearing disasters.

Uh ...

The Tiantian pit was dug down. Ferdinand's mood is much better. The London government does not know yet that they have fallen into the quagmire of Italy in the future.

When the consortiums set up factories in Italy one by one, a large amount of industry was transferred, and even if the London government wanted to give up Italy, these vested interests would not agree!

And is it good for a country like Italy to complete its national awakening? In the short term, there will be no problems. The smoke of the World War has just passed.

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

However, time can be forgotten about all this. After three or five years of peace, opposing colonial and oppression will once again become the mainstream of this country, and by then the British will be able to bear it.

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

According to the news from the embassy, ​​the scope of the earthquake affected a lot, and the Japanese fell into bad mold this time! Metiev said gloatably

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

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

During the Russo-Japanese-Russian War, Bulgaria supported the Russian Empire, and after sending a fortune of war, relations with Japan were naturally not good.

I just haven't had much conflict of interest for a long time, and the diplomatic relations between the two countries have also passed, and they have not become enemies.

Well, this is just what Ferdinand thinks!

虽然 Although the outside world also thinks that the relations between the two countries are not good, it is the credit of the Russians, but they all think that it is the credit of the wind of the pillow. Who asked him to show his disgust to the Japanese?

Effective, even if someone has a good opinion of Japan, they dare not show it? Ferdinand is no longer needed, and pro-Russian factions within the government alone have suppressed them.

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

也是 Anyway, it is relative. The Russians have a good opinion of Bulgaria. They are not in the minority. As long as the Russians are immigrants, 99% of them will choose Bulgaria.

In this context, the Bulgarian people do not catch cold with the Japanese government. This is indeed the credit of the Russians. Russian immigrants have brought hatred against Japan.

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

Because of the geopolitical relationship ~ lightnovelpub.net ~ there are not too many conflicts of interest, and there are no common interests, so there is not much interaction and the relationship is very general.

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

In addition, in Sofia, organize a medical volunteer ambulance team to help the Bulgarian government on behalf of the disaster! Ferdinand said with a smile

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

"Yes, Your Majesty!" Metiev replied

At the speed of traffic in this era, waiting for the Bulgarian medical rescue team to set up, and slowly rushed past Sofia, and arrived in Japan, it is estimated that even the collection of corpses could not keep up.

As for efficiency, how can it be efficient? Medical Volunteer Ambulance Team. How many medical staff are there this year, willing to volunteer to Japan for disaster relief?

How could bureaucrats be quick with such a perfunctory attitude?

If nothing unexpected happens, many European countries will do it this time. There is no way that the European people are busy dealing with the economic crisis. Who has the mood to control the affairs of the Japanese!

Uh ...

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