Bulgarian Empire

Vol 3 Chapter 12: ,winter is here

The promulgation of the "Bulgarian Language and Religion Law" has a dual impact!

In the short term, it will help stabilize the situation in Bulgaria, accelerate the integration of various nationalities in the country, and promote the economic and cultural development of Bulgaria!

In the long run, it also restricts the entry of foreign immigrants. At least for immigrants from countries with different languages, you must first consider whether your own language can pass the barrier!

There are pros and cons! But now Ferdinand can’t take care of this anymore. It’s a big deal to revise the law after the ethnic integration is completed in the future!

The top priority now is to digest the meat that is eaten in the stomach first and transform it into the power of Bulgaria to move forward, rather than let it rot in the stomach!

...

What should come is still coming. After the outbreak of the Russian financial crisis, major banks have shrunk their money supply and collected loans in advance to cope with the run.

A large number of Russian companies first suffered heavy losses in the stock market, and then banks tightened their loans. In August, many companies went bankrupt due to the broken capital chain, and the Russian industrial crisis broke out!

Affected by the industrial crisis, a wave of unemployment broke out in Russia, with millions of newly unemployed people in a short time, and the economic crisis is coming!

After entering the late 19th period, the economic ties between countries in the world have become closer and closer. After the outbreak of the Russian economic crisis, import and export trade began to shrink, and other countries in the capitalist world were also affected.

Subsequently, France, Germany, Austria-Hungary, Belgium, Britain, the United States, Italy and other countries followed suit. At the same time, an economic crisis broke out in Japan in the Far East.

The fifteenth economic crisis of capitalism has fully erupted, and no one of the major industrial countries in the world can survive alone!

Bulgaria is no exception. After the outbreak of the Russian economic crisis, Bulgaria was the first to bear the brunt, the first to be affected, the export trade was directly cut in half, and it continued to decline in the following months.

In the second half of 1899, Bulgaria's total export trade was less than one-third of the same period of the previous year, and a large number of export trade enterprises were facing a bankruptcy crisis!

...

At the 1899 year-end summary meeting, Secretary of the Exchequer Kennedy said with a sad face: "Your Majesty, this is the economic report for the last six months. The situation is terrible! And because the economic crisis is spreading to the world, our export trade will continue to decline in the next year. !"

Despite the early preparations, Bulgaria’s economy is still affected, especially export trade. The economic environment around the world is not good. Who can sell the products to?

"What's the plan of the cabinet!" Ferdinand asked blankly

Prime Minister Constantine frowned and said: "In the second half of 1899, Bulgaria experienced negative economic growth for the first time in nearly a decade, a drop of 3% compared with the same period of the previous year!

Affected by this, the annual economic growth rate in 1899 also slowed down significantly, setting a record low in the past ten years, only an increase of 3.3%!

Affected by the global economic crisis, the government predicts that the export trade will still not improve in the coming year.

In order to cope with the economic crisis, the government will continue to increase investment in public infrastructure in the next year, mainly focusing on road transportation and rural water conservancy projects!

At the same time, the government decided to exempt industries affected by the economic crisis and take measures to stimulate domestic demand as much as possible!

Government agencies and enterprises, under conditions, will purchase all domestic products from now on. At the same time, they must call on the general public to buy domestic products and support domestic production! "

Ferdinand nodded. The cabinet is still very pragmatic. Bulgaria is not a European or American country. There is no saying that the government cannot interfere in the market economy!

Now that the economic crisis is coming, the government must adopt administrative measures to intervene. If the market is allowed to take effect freely, even if the Bulgarian national bourgeoisie is not dead, there will not be a few left!

Ferdinand thought for a while and said: "This is not enough! After the outbreak of the economic crisis, in order to alleviate the economic crisis, the major industrial countries will definitely conduct dumping. We must take countermeasures!

Calling on the people to support domestic products can only treat the symptoms rather than the root cause!

If the products of Western European countries are not only cheaper than ours in terms of price, but also of better quality, it would not be justified to require ordinary people to buy domestic products for a long time!

What better measures do you have? "

The question raised by Ferdinand embarrassed everyone. In fact, the measures adopted by the cabinet in this economic crisis have already been used in the last economic crisis (1890~1893).

It's just that the economic crisis at that time had little impact on Russia. Bulgaria had the backing of the Russian market and easily survived.

This time it's different. The Russians are too busy to take care of themselves, and Bulgaria can only survive the difficulties on its own!

After hesitating again and again, the chancellor said: "Your Majesty, let's increase tariffs!"

Ferdinand was taken aback. He did not expect the Minister of Finance to think of this method. Now Bulgaria's domestic market has increased substantially compared to before. If trade protection measures can be taken, it can indeed play a certain role!

But Ferdinand shook his head and said, "No! Now the global economy has been hit. Once we raise tariffs, countries will definitely rush to follow suit. Then we will move the rock and hit ourselves in the foot!"

That's right, with the current world pattern, once tariffs are raised, Britain and France have vast colonies, and they will be able to emerge from the economic crisis immediately, and other countries will be miserable!

Why can the United States adopt trade protection measures during the Roosevelt New Deal? That's because the Americans have turned the Americas into their own back gardens, backed by the American market, of course they can adopt trade protection!

Prior to this, Americans have honestly followed the route of free economy. How can Bulgaria be an exception?

As far as Bulgaria’s domestic market is concerned, it cannot sustain the rise of an industrial power! Even if it works, Ferdinand cannot do that. Industrialization will inevitably be accompanied by a large amount of profit exploitation. There is no international market share, and all are passed on to the domestic people. Doesn't it force them to rebel?

"How about we expand the ports in the Aegean Sea and the Mediterranean Sea!" The Minister of Industry said hesitantly

Ferdinand's eyes lit up, he understood, and said excitedly: "Okay, just do it!"

It has to be said that the Minister of Industry’s approach is very good, that is, it blocked the dumping of Western European countries to Bulgaria without breaking the rules of the free capitalist market!

Tariffs cannot be increased, but I can always dismantle the port. Anyway, no matter who comes to protest, it will take time for the port to be demolished and rebuilt!

As for unreasonableness, this is the Bulgarian government's own business. We think that the port is too small to be expanded, or that the port is broken and cannot be navigable. Whether others believe it or not, I believe it anyway!

Besides, we haven't demolished all of them, and there are still holes left. The Mediterranean Sea and the Aegean Sea can't get through, just go to the Marmara Sea!

Ports in the Mediterranean are not navigable normally, and to trade with Bulgaria, either by land or by bypassing the Marmara Sea.

The land cost is too high, and it is estimated that the Austro-Hungarian Empire can still do it. The Russians who travel by sea in the Dardanelles have to pay tariffs. When they arrive in Bulgaria, they have to pay again, and the cost will go up!

at this time. Everyone seems to understand something. Prime Minister Constantine said excitedly: "The ports left over from the Ottoman Empire can no longer meet our increasing import and export trade needs. In order to promote economic development, we must rebuild coastal ports!"

Offending the Western European powers, Ferdinand is really not afraid now! Anyway, as the little brother of Mao Xiong, the Russians have always opposed the entry of Western European forces into the Balkans, and will resist pressure for them!

Britain and France have their own colonies to vent fires, and there is not much demand for the Bulgarian market; the trade between the Austro-Hungarian Empire and Bulgaria has always been completed by land, and there is no real pain!

The real benefits of this detrimental move are still Germany, Italy and other countries. The diplomatic pressure of these countries, Ferdinand said it does not matter!

Even so, the winter of the Bulgarian economy has come, the export trade volume has dropped sharply, and many companies have begun to fall into a situation where they cannot make ends meet!

...

In order to survive, many SMEs are forced to transform. So a scene that shocked the world appeared, a small company engaged in international trade turned into a construction company!

Every urban white-collar worker became a construction site manager and led his employees to become a member of the Bulgarian road construction army!

Ferdinand had to be fortunate that it is the end of the 19th century and has not experienced the age of being spoiled. Everyone can still sit in the office and on the construction site!

Anyway, the job is saved!

As for the quality of the project? Now that the car is just beginning to take off, is it too early to popularize? What is being repaired at this time is the so-called "sloppy road", which has neither asphalt nor concrete, as long as it is filled and compacted.

Anyway, they are all horse-drawn carriages. The quality requirements of the roads are really not high. When cars become popular in the future, I want to be more stable than these roadbeds, and then increase it!

...

Thatcherf-Toss is a member of the construction site army, commonly known as "contractor".

Originally Thatcherf Toss was the owner of a textile processing factory, mainly engaged in international trade, but after the outbreak of the economic crisis, his products could not be sold.

Limited by Bulgaria’s labor protection law, he can’t lay off employees for no reason. UU Reading www.uukānshu.com is currently unable to sell products, and production has temporarily stopped, so he can’t support people for nothing, right?

It just so happens that Bulgaria is doing a lot of infrastructure construction again, and that savvy Thatcherv Tos went to the industrial and commercial sector to register a labor service company.

Then the textile worker became a construction worker, and he also officially became a member of the contractor. Through his past contacts, he successfully blended into the construction army!

"Paulen, you kid, hurry up. Didn't you eat? It's not as good as the engineering team next door, and don't even be less than the female workers!" Thatcherf Toss roared

No way, the labor service company really can only make a little bit of lucky money, especially the Bulgarian government's project, which has all the expenses stuck to the death.

In addition, most of the textile factories are female workers and their labor is limited. Now Thatcherf-Thos’ labor service company is only able to maintain it. Compared with the previous international trade, the profit is much worse, so his The anger is also rising day by day!

Paulen ignored him, and still worked unhurriedly. He has become impatient with these words recently.

Not only him, but basically the few male workers in the factory are the targets of his anger. Compared with other construction workers, their efficiency is far from that of Thatcherf-Thor. Expected in his heart!

If you ask female workers in this way, it will damage Thatcherf-Thos's own image, and you will easily be regarded as harsh employees. After all, women's physical strength is generally worse and cannot be demanded by the same standard!

For Thatcher Thos, who is interested in mixing up with Bulgarian upper class society, there can be no stains on moral training.

As for the male, it doesn't matter. You are worse than your peers. It is understandable to scold you. Anyway, as long as the salary is not deducted for this reason, everyone is acceptable!

...

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