Bulgarian Empire

The genius remembers the address of this site in a second: (Apex Chinese), the fastest update! No advertisements!? 1923 was the year when the London Treaty was officially implemented. According to the provisions of the treaty, a wave of disarmament broke out all over the world this year , Bulgaria is no exception, the navy was directly cut off six layers of tonnage.

The entire navy was in turmoil, and even the retired Admiral Petrov was alarmed, but it was of no use.

The treaty has been signed, and those that should be disarmed still have to be cut. The Ministry of the Navy can only decide to keep those warships and how many troops to cut.

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

It will not work without reducing the establishment, because in the defense budget of 1923, the military expenditure of the navy has been cut by five levels, and it has become the lowest military expenditure among the Bulgarian army, navy and air force.

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

No way, why is it a Navy holiday now? Countries all over the world are disarming, and Bulgaria will naturally follow suit.

The ratio of military spending to fiscal revenue has dropped significantly, but the total military spending has not. With the increase in fiscal revenue, the proportion of military expenditures in expenditures naturally decreased.

In 1918, Bulgaria's fiscal revenue was 5.2 billion levs; but in 1923, the budget given by the Ministry of Finance was 9.2 billion levs, with 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 to get rid of the dragging burden.

Except for the state-owned enterprises related to the international people's livelihood, other industries that cannot make profits or have low profits have been disposed of by the government one after another.

This item alone will reduce the loss by hundreds of millions every year, and as these enterprises turn from state-owned to private, it will also bring in a lot of tax revenue, which will promote the increase in fiscal revenue.

The restructuring 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-exempt industry, state-owned enterprises must also pay taxes to the government normally.

For these officials who brought down the enterprises, the ICAC must conduct a comprehensive investigation. If there is no problem, it will be fine, just pack up and go home.

Once a problem occurs, it will naturally be punished severely, even if it is the ex, the ex-ex, no matter what position he holds, don't even think about running away.

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

Ferdinand had even heard of an unlucky guy who had just entered a government job, embezzled hundreds of levs, and was directly confiscated of all his property.

Of course, now, it is not as ruthless as it used to be. Except for rebellion and treason, the government has stopped implicating people for other crimes.

The property of the family members can only be proved to be their legal income, so they will not be confiscated all at once, which is much better than in previous years.

Well, Ferdinand admitted that the government was too poor back then, and everyone had no choice but to solve the financial crisis.

Now life is better, and everyone has begun to pay attention to eating, but the property of the person involved is confiscated in full, and the relatives accept that the property of the person involved must be repaid double.

The government's determination to fight corruption remains unshakable!

The biggest news in the world is undoubtedly that the Italian government directly declared bankruptcy, and the Germans also asked for a suspension of the payment of cash reparations in 1924 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 declared bankruptcy very alone, which put the Allied Powers in a very embarrassing situation.

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

The French have a very strong interest in military control of Italy, but John Bull doesn't agree?

At this time, the military is in charge of Italy, isn't it letting France annex Italy?

Ferdinand also expressed his interest in cooperation. 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.

Seeing that the momentum was not right, John Bull immediately sent troops to join in. Because they were worried that the two countries would directly carve up Italy, they demanded that the troops of the three countries must be mixed and joint operations.

This rude request was immediately opposed by the joint efforts of the two countries, which made the British Empire very embarrassing. However, the joint forces of the two countries in the Mediterranean to protect France were so much stronger than the British, which made John Bull very uncomfortable. .

At this time, the Germans proposed to postpone the payment of indemnities, and the British immediately agreed. What to say this time, John Bull can't let the French military rule Germany anymore!

While the London government was still struggling with these issues, Ferdinand sent people to contact the British consortium, and the two sides negotiated on the Italian issue.

On August 12, 1923, William Snov, the Bulgarian ambassador to London, and Douglas, the representative of the British consortium, held secret talks on the issue of Italian reparations.

"Mr. Williamsnoff, according to our agreement, now the Italian government has reneged, and your country needs to take responsibility for it!" Douglas Howe said bluntly

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

"However, this does not solve the problem. With the current economic situation of the Italians, it is impossible to repay the indemnity only by relying on the tax situation in southern Italy!" Douglas retorted.

"No, Mr. Douglas, your calculation is wrong! Southern Italy has a population of more than 14 million, of which there are at least 8 million working people. If they all work for you, how can they not afford compensation?" William Snowf asked

"It's impossible. We don't need so much labor. Mr. Williamsnoff's joke is not funny!" Douglas said angrily

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

In Italy, you don't have to worry about those nasty trade unions, and you don't have to worry about strikes. If you're happy, you can even drive a tank to inspect the factory!

With your strength, will it be difficult to make money? Using so much cheap labor without having to bear heavy taxes, isn't this benefit enough to repay the debt? "Williamsnoff said calmly.

Douglas fell into deep thought. Obviously, the Bulgarian’s proposal moved him. It’s not that the real economy doesn’t make money, it’s just that the British Empire’s labor costs and tax costs are rising day by day, and the profits of enterprises 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 made to work overtime unscrupulously, and strikes can be suppressed at will. Compared with London, the conditions are many times better.

Raw materials are not a problem either. Anyway, most of the raw materials of the British Empire are imported from abroad. It is the same when they arrive in Italy, and the distance is even shorter, which just offsets the freight cost of transporting the goods back to London.

"Mr. Williamsnov means that we can exempt all businesses?" Douglas asked with concern

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

"Of course not, what I mean is that the tax package system can be implemented. We directly contract the taxation of each city to you, and all tax rates and tax types are set by you.

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

I believe that your management ability must be higher than that of the government, and the increased tax is your profit, and we only charge the expenses of the garrison. ’ explained William Snofnov

Douglas was overjoyed. If there were so many good news, even if the Italian government could not pay the war reparations, the profits would be enough to make up for the losses.

"Mr. Williamsnoff, 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.

"Okay then, you have three days to think about it, if not, we can only cooperate with others!" Williamsnoff said calmly

...

reject? How can capitalists refuse profits?

The conditions given by Ferdinand are a plan that the Bulgarian economists have carefully calculated to maximize their benefits.

Even without any investment, just controlling these cities, the annual benefits are astronomical. If you take advantage of these industries and turn these industries into your own, then the benefits will be even greater.

It was so big that Ferdinand was tempted. If he hadn't taken influence into account, he would have done it himself. Now that such a big benefit has been 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 think so much? Let's make the money first, as long as it takes three to five years to control, the consortium can recover the war indemnity owed by Italy.

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

But at that time, it was the British's turn to have a headache. Presumably with the strength of the British Empire, it is 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 the issue of Italian compensation.

According to the agreement, all the income of the British in Italy is just normal business dealings, and has nothing to do with loans.

The war indemnity owed by the Italian government is still not less than a penny, and all delayed payments are subject to late payment fees, while Bulgaria collects part of the contract tax, which can be regarded as the two sides are sharing the spoils.

Of course, the British consortium will no longer pursue Bulgaria's guarantee responsibility. After all, the money has already been obtained, so there is nothing to say!

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

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

And the Kingdom of Italy has also become an industrial powerhouse. Of course, this powerhouse did not bring a dime benefit to the Italian people, and all of them were disasters.

...

The sinkhole was dug down, and Ferdinand's mood improved a lot. The London government didn't know that they had already fallen into the quagmire of Italy in the future.

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

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

It was repaired again by hunger, now just give them a bowl of food, and they will work hard for you.

However, time can forget all of this. Living a peaceful life for the last three to five years, opposing colonialism and oppression will once again become the mainstream of this country, and it will be enough for the British to bear it.

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

According to the news from the embassy, ​​the earthquake affected a large area, and the Japanese were in bad luck this time! ’ Megev gloated.

It is no news that the Bulgarian government is not interested in the Japanese.

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

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

It's just that for a long time, there hasn't been much conflict of interest, and the diplomatic relations between the two countries have been decent, and they haven't become enemies yet.

Well, this is just what Ferdinand himself thought!

Although the outside world also believes that the bad relationship between the two countries is due to the Russians, they all think it is due to the bedside wind. Who made him, the king, show his dislike for the Japanese?

It works from top to bottom, even if someone has a good impression of Japan, they dare not show it? Ferdinand is no longer needed, and the pro-Russian faction within the Guang government has 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 a natural cultural identity between the two sides, and no one can influence it.

Anyway, it is relative. There are not a few Russians who have a good impression 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 interested in the Japanese government. This is indeed the credit of the Russians. Russian immigrants also brought their hatred of Japan.

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

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

"Well, I got it! In the name of the Bulgarian government, send a sincere condolence telegram to the Japanese government, and at the same time let the Japanese government protect our diplomats and nationals!

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

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

"Yes, Your Majesty!" replied Megeve

With the traffic speed of this era, when the Bulgarian medical rescue team is formed and rushes over from Sofia, when it arrives in Japan, it is estimated that it will not even be able to catch up with the body.

As for efficiency, how can it be efficient? Medical Volunteer Rescue Team, how many medical staff are there these days, willing to volunteer to go to Japan for disaster relief?

With such an obvious perfunctory attitude from above, how could the bureaucrats be quick?

If there is no accident, 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 care about the affairs of the Japanese!

...

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