The Sun Never Sets In Spain

Chapter 177: seigniorage

The headquarters of the Progressive Guard is next to the palace, and after Alfonso gave an order, Adolf quickly rushed over.

Hearing that he was going to pick up the fourth, Adolph was a little excited, and he obviously knew the current situation in Paris.

Seeing this, Alfonso reminded: "Don't take it lightly, this is your first time on a rescue mission! There are definitely not a few people in Paris who want to hijack Eugene."

Not to mention the various oppositions, and even Prussia may not be very happy. After all, after taking four away, the Bonaparte family has a way out.

This operation may not be a rescue, but it will not be easy.

Adolf nodded, turned around and left. He still needed to get in touch with Paris, and the other party had to pack up the property, which could not be finished in a week or two.

As soon as Adolf left on the front foot, Antonio, the archbishop of Toledo, rushed over.

The king showed a miracle outside, and he, the bishop, had to come and see it.

"Your Majesty Alfonso." 63-year-old Antonio said respectfully.

In the past, the status of the archbishop and the king was relatively equal. With the blessing of age and religion, although the bishop was short, it would not be too short.

But Alfonso is now the hero who killed Beelzebub. Regardless of whether Antonio agrees with this statement of the Vienna Church or not, the surface attitude must be unified.

After saying hello, Antonio started chattering and chirping, seeing that Alfonso was about to get angry before he spoke his intentions.

"Your Majesty, we have communicated with Rome and are going to repair a sculpture for you in Rome and Madrid, and add two more titles to you."

Antonio looked like he was taking credit: "How about the king of Spain crowned by God, the patron of Holy Rome?"

Alfonso was startled. He guessed that the church might give some indication, but he didn't expect it to be so generous.

Needless to say, erecting a statue, erecting a statue for a 14-year-old boy, has rarely been heard of since ancient times.

The latter is not easy. If the church officially announces it, this title can be written into the official document.

If accepted, then all official letters must be called as such: God-crowned King of Spain, patron of Holy Rome, King of Castile...

It seems to be a false name, but it is actually quite useful. No matter what, there must be a buff of conservative opinion +20.

And in this way, Alfonso can completely change the name of the country from Spain to the Holy Kingdom of Spain.

The level of holiness is at least one level with the Holy Roman Empire.

The title of Shinra was originally given by the original Pope John XII in order to please the German ruler Otto. He gave two titles in total: Christian Emperor and Roman Protector.

It's almost the same as Alfonso's situation today.

No...just thinking about it makes me feel too naive.

After all, Alfonso is not a megalomaniac, and in the Chinese concept, statues are generally erected when people die.

Therefore, his first reaction was to refuse: "How can this be done, it's too ostentatious!"

"You are blessed by God, and you also stopped the chaos in Spain and protected Rome from Italy. You deserve it." Antonio was stunned for a moment, and then advised.

But no matter what he said, Alfonso disagreed.

In the end, the two reached a compromise, with Alfonso accepting the title but not changing the country's name.

Forget the statue, and change it to build a triumphal arch in Madrid and Rome.

The former commemorates the Spanish Civil War, the latter commemorates the victory over Italy.

Meanwhile, a week after the Hofburg meeting, independent procedures were launched across Italy.

This speed is already quite fast. Unlike the Venetian Lombard Kingdom and Genoa, the Romagna Kingdom is an artificial kingdom that has never existed in history, and there are many things that need to be discussed.

The representative of Genoa also came to Madrid to negotiate with the Ministry of Foreign Affairs.

They are reluctant to spend money to buy back Spanish privileges, just hoping that Spain will also reduce tariffs on them.

This is a good calculus. In the future, the trade between Spain and Genoa will mostly be the export of grain and raw materials from Spain, and the export of industrial products from Genoa. If the two sides are exempted from tariffs, Genoa will take advantage.

To this end, Genoa proposed that in exchange they would no longer use the Italian lira, nor issue their own currency, but set the peseta as the official currency.

Genoa is a neutral country and cannot pay tribute, so it can only sell benefits to Spain in a different way.

If pesetas were circulated in Genoa, Spain would collect a seigniorage for every dollar they received.

Seigniorage is not a real tax, but refers to the difference between the denomination of the coin and the actual gold content (coin), the difference between the cost of making money and the value of the money (paper money).

At present, Spain's seigniorage accounts for 2.9% of the country's total fiscal revenue, which is much lower than that of Britain and France. The main reason is that not many people use pesetas.

Faced with this politically and economically significant proposal, Cruz readily agreed.

Of course, this was not enough for Spain to reduce tariffs too much, so Genoa also allowed a boat purchase:

Spain purchased four frigates, a coastal defense ship, two ironclads and a number of gunboats for £320,000.

This is the bulk of the remaining Italian fleet, which after losing Sicily became the "fleet of existence" in the port of Genoa, without even coal on board.

Now that the independent procedures have been launched, they were directly detained by the extremely responsive Genoa City Council at the first time.

The Kingdom of Sardinia was extremely annoyed, but it could not invade Genoa brazenly, and could only call for Genoa to return it through diplomatic channels.

The three ironclads, Genoa, returned one, but the Kingdom of Sardinia still did not give up.

Considering that they are not taking care of themselves, Genoa may really sentence them to return it in a future meeting. In addition, they can't afford to support the large fleet themselves, so they half sold it and gave it to Spain.

At 320,000 pounds, even the cost of the two ironclad ships is still a long way off, let alone sending so many extra ships.

After the Genoa affairs were settled, the Ministry of Foreign Affairs held a meeting, hoping that the Grand Duchy of Tuscany, the Papal State and the Duchy of Marche would also switch to Spanish pesetas.

To this end, Cruz promised some benefits to countries, but so far, no one has given an answer.

Because Austria-Hungary and even Britain and France sent people to look for it, and everyone wanted to make this money.

Spain can only say that it has some advantages in this competition because of its privileges, and it is hard to say who will die in the end.

It is worth mentioning that the Kingdom of Sardinia became a landlocked country after Liguria became independent, and everyone did not want to see this scene.

This would not only mean the loss of a client for the maritime nation, but also the entry of the Kingdom of Sardinia into the French sphere of influence.

Therefore, under the negotiation of all parties, the Kingdom of Sardinia obtained a medium-sized port called Portofino and its surrounding areas to the east of Genoa City, and finally got rid of the embarrassing status of a landlocked country.

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