Chapter 336 Establishment of Financial Supervision System
On February 25, 1852, a company called the French Interurban Railway was quietly established.
At the same time, French Railway Minister Baros also made a high-profile claim that the main trunk line of the French Railway was almost completed. The basic line was almost completed, and the secondary line was under intense preparation, and the plan was likely to start in 1853.
Baros's words really set off a thousand waves. The middle class and the bourgeoisie who had tasted the profits brought by the first batch of railways began to follow the secondary lines enthusiastically. In their eyes, the railway was unintentionally the most important thing in this era.
Profitable business.
But how did they know that the secondary railway is basically a loss-making project? To put it to the extreme, the construction of the railway itself is a loss-making business.
If they are really allowed to invest, the Ministry of Railways may really have to consider whether they can withstand the riots caused by market risks.
Therefore, the bonds of the secondary railways were transferred to the Gauts bankers entrenched in the Bank of France in the form of contracts, and then they transported the losing stocks to the Frankfurt Stock Exchange and the Brussels Stock Exchange in the form of packaging and listing.
It is equivalent to Frankfurt and Brussels taking risks for the construction of the French railway.
When will the risk of secondary railways explode, when will Frankfurt and Brussels usher in the 19th century version of "Black Friday"?
Jerome Bonaparte roughly estimated the power of the railway financial bomb. Even if the Frankfurt Stock Exchange and the Brussels Stock Exchange had a chance to escape, they would have to shed a layer of skin.
Jérôme Bonaparte, who planted bombs in Germany, secretly contacted a group of leading figures in Saint-Simonian economics in order to prevent others from using this trick to dig holes for themselves.
With the help of them (they do most of the work), a set of financial regulatory mechanisms with administrative instructions as the main body has been achieved.
The inspection team of this regulatory mechanism is mainly responsible for examining black money in the financial market, as well as the transfer of assets under false pretenses.
It can be said that it was the strengthened version of the financial supervision policy implemented by Jérôme Bonaparte in the 1850s. Financial supervision and the circuit breaker mechanism were enough to prevent the slightest glitches and nip most financial crises in the bud.
If the times had not allowed it, Jérôme Bonaparte would have even wanted to implement a financial real-name system.
In the end, I was persuaded by scholars from the Saint-Simon School of Economics to stop. Sometimes, if you take too big a step, you can easily get hurt.
Even so, Jérôme Bonaparte was inevitably criticized by some bankers for being a tyrant behind his back.
Many middle-class bourgeois also criticized Jérôme Bonaparte's regulatory system. After the scars were healed and they forgot the pain, they believed that Jérôme Bonaparte's actions were hindering their development in capital.
The market makes profits.
The young bourgeoisie projected all their antipathy towards the dictatorship system onto the regulatory mechanism. Only when the financial crisis completely breaks out will they discover the advantages of the financial market under the control of administrative orders.
March 3, 1852 was sunny.
Jérôme Bonaparte woke up from his sleep early in the morning and opened the window as usual.
A soft spring breeze blew on Jerome Bonaparte's face, driving away Jerome Bonaparte's sleep.
From mid-February to now, the temperature in Paris has gradually increased. The spring breeze has swept away the last bit of chill in Paris, making the city once again exude a scene of all things competing and full of vitality. Many nobles and bourgeoisie left Paris to spend the winter in southern France.
They also returned to Paris one after another, and Paris gradually woke up.
It was on this day that Cavour, who had stayed in Paris for more than half a month, set off to return to Sardinia.
"Dong dong dong!"
A familiar knock on the door came from the door. Jérôme Bonaparte stretched his hands and said lightly, "Please come in."
The door opened slowly, and Jérôme Bonaparte showed a look of surprise on his face.
It turns out that the person standing at the door is not Mokar, but "Vilnia" whom he has not seen for a long time.
"What's wrong? I'm surprised!" Wilnia said with a little contentment in her words.
"A little!" Jerome Bonaparte nodded, his expression once again returning to its original indifference.
hateful!
Vernia looked at the guy in front of her, and an unknown fire poured into her heart.
If he were not the emperor, I would definitely fix him severely.
Thirteen-year-old Vernia did not lack imagination, and she simulated countless scenes of repairing Jérôme Bonaparte in her mind.
However, there is no way to truly restore these scenes.
"What? Are you going to say goodbye to me?" Jerome Bonaparte said to Vernia again.
"Of course not!" Wilnia's two tiger teeth rubbed each other.
If possible, would she want to bite this guy hard?
"Oh!" Jérôme Bonaparte just responded lightly, and then changed out of his pajamas in the bedroom as if there was no one else around.
Vernia, who was standing at the door, stared at Jérôme Bonaparte intently, as if she was not prepared to avoid him.
After Jérôme Bonaparte changed all his clothes, Vernia subconsciously blurted out: "It's a lot of money!"
Then, knowing that she had made a mistake, she slightly covered her mouth with her hand.
"Yeah! I think so too!" Jérôme Bonaparte also nodded and responded to Vernia.
Immediately afterwards, Jérôme Bonaparte slowly came to the front of Vernia. Looking at Vernia in front of him who was wearing a beige suit and wearing feather accessories, he slowly extended his hand to Vernia.
Nia's face is as white as milk.
Just when Vernia thought that Jerome Bonaparte was going to touch her face, Jerome Bonaparte flicked Vernia's forehead with lightning speed.
The sudden attack forced Vernia to protect his forehead with his hands to prevent Jérôme Bonaparte from attacking again.
"Don't block the road!" Jérôme Bonaparte left the bedroom along the remaining gap in Vernia.
"Give this lady a portion too!" Jérôme Bonaparte, who was sitting on the main seat, pointed at Vernia, who seemed to be sulking, with a steel fork.
"None of your business!" Vernia responded to Jérôme Bonaparte.
"That's no need!" Jérôme Bonaparte once again showed his "iron" nature.
In the whole of France, only others would accommodate him, but he would never accommodate others.
Jerome Bonaparte, who was full of food and drink, and Vernia, who had not eaten at all, left the restaurant and went to the study.
"Sit!" Jerome Bonaparte invited Vernia to sit down. With his hands folded in front of his chest, he asked solemnly: "Ms. Vernia, have you considered it?"
"Are you going to leave with Cavour, or are you going to do as I ask?" Jérôme Bonaparte's tone revealed a condescending air.
"I..." Wilnia was silent again.
"I told you, what I need is someone who can help me! Not an embroidered pillow, a tool just for venting!" Jérôme Bonaparte said: "Your appearance really makes my heart beat, but
What I prefer is the kind of person who can actually help me.”
"Those of your men? Can't they help you?" Wilnia asked doubtfully.
"In some cases, women are safer than men!" Jerome Bonaparte said to Vernia.
"Aren't you afraid that I will sell you?" Impulsive Wilnia couldn't help but get out.
"You?" Jérôme Bonaparte looked at Vernia again. He put away his smile and responded in an indifferent manner: "If you are not afraid of losing your footing and falling into the Seine one day, you can
Try it! Destroy the rest of your life for a vain dream."
Jerome Bonaparte naturally knew the identity of Vernia. In order to scare Vernia, Jerome Bonaparte once again said to her: "I have heard that in the ancient East there is a punishment for expressing one's stance. It will
A piece of paper is placed on a person's cotton cloth. The weight of a piece of paper is indeed light. Then it pours water on the paper. The paper will stick tightly to the face because of who. Soon, the prisoner's breathing will gradually
Difficult. [Vilnia is horrified] They will try their best to blow the paper off their faces, but everything is of no use? The feeling of suffocation will become stronger as time goes by. Every minute and every second you
You will feel that death is coming quietly, and you really have nothing to do. At that time, the executioner will repeat his old trick and stick a piece of wet paper on your face. Despair will fill your heart, and you will be afraid of dying.
Let it go.
When they realize that you are about to die, they will thoughtfully take down your paper.
Then it will make you feel despair over and over again. I believe that no one can withstand the process of going from despair to hope, and then to despair again and again..."
"Devil... you are the devil..." Vernia, who was only thirteen years old, obviously could not accept the torture in Jerome Bonaparte's mouth. She pointed at Jerome Bonaparte with tears in her eyes and choked out.
"Yes! I am the devil!" Jerome Bonaparte nodded and admitted: "This world is also a world made up of devils. Only powerful devils can control this country full of little devils!"
Vernia was once again naturally angered by Jérôme Bonaparte.
After a while, Sardinian Prime Minister Cavour appeared in Jerome Bonaparte's office. He came to say goodbye to Jerome Bonaparte.
"Yes!" Jerome Bonaparte nodded and said to Cavour: "I hope that the Kingdom of Sardinia and the French Empire can cooperate more closely in the future! Also, I am very satisfied with your gift!"
Cavour's eyes flashed with surprise. He never thought that Jerome Bonaparte would act so quickly. After all, he was just a 13-year-old child!
There was something in Cavour that despised Jérôme Bonaparte, and he tried to criticize Jérôme Bonaparte from the moral high ground.
Cavour had forgotten that it was his decision that led to Vernia's arrival at the Tuileries Palace.
"Then I'm relieved! I wish you a pleasant experience!" Cavour responded to Jérôme Bonaparte with a smile. He was happy that Vernia entered the Tuileries Palace.
.
After Cavour left, Vernia appeared in the study again.
"Huh? I thought you had returned with Cavour!" Jérôme Bonaparte showed his indifferent attitude again.
This time, Vernia did not seem to be irritated by Jerome Bonaparte. She had already wiped away her tears and said firmly to Jerome Bonaparte: "Your Majesty, I request to stay with you to study!"
