The servant who sent the invitation letter returned to the Tuileries Palace to report to Basilio, and informed Basilio of the return of Baron James Rothschild to Germany.
"What? Baron James de Rothschild has left?" Basilio said to his servant with a surprised expression on his face when he heard that Baron James de Rothschild had left Paris.
"Yes! Your Majesty the Steward!" the servant responded to Basilio respectfully.
"Since Baron James Rothschild has left, how did your invitation letter get to him!" Basilio then asked.
"Your Majesty the Steward, although Baron James Rothschild has left, his son Alphonse Rothschild has not left!" the servant responded to Basilio.
"Yes!" Basilio finally realized, "Look at my memory, Alphonse Rothschild is still here!
Okay! You can go back to your work!"
Basilio waved his hand to let the servants leave, and then went to the study alone to report the situation to Jerome Bonaparte.
Basilio, who was standing at the door of the room, gently opened the door of Jerome Bonaparte's room. At this moment, Jerome Bonaparte was sitting on the sofa and continuing to read the newspaper.
The appearance of Basilio made Jerome Bonaparte put down the newspaper in his hand and asked: "How is it? Has the invitation been sent?"
"Your Majesty!" Basilio lowered his head and replied to Jerome Bonaparte: "The invitation has been sent to James Rothschild's mansion, but Baron James Rothschild is no longer in Paris.
!”
"Not in Paris!" Jerome Bonaparte put down the newspaper in his hand and turned to look at Basilio: "Where has Baron James gone? And since he is not in Paris, why do you continue to send it!"
Basilio first told Jerome Bonaparte that James Rothschild went to Germany, and then told him that the current head of Rothschild was Alphonse Rothschild.
"Oh! Oh!" Jerome Bonaparte showed a look of surprise on his face, and then praised: "Okay! Things are done well!"
"This is all my responsibility!" Basilio responded reservedly to Jerome Bonaparte.
Immediately afterwards, Basilio left the study, and Jerome Bonaparte continued to read the newspapers, looking for useful information.
In the Economist, a British newspaper, Jérôme Bonaparte was very surprised to see the news titled "How far is 1846 from us?"
With curiosity in mind, Jérôme Bonaparte began
After reading it in detail, Jerome Bonaparte couldn't help but sigh: "I didn't expect that there would be such a person in Britain!"
Although the title of this news article says 1846, their content talks about the United States of America.
The article compared the data released by the United States of America with the data of the Kingdom of Britain in 1846, and concluded that the United States of America may face the situation that Britain faced in 1846. It also announced the types and real-time prices of bonds listed on the London Stock Exchange of the United States of America, among which
Including U.S. Treasury bonds, railroad bonds, and bonds issued by some banks.
It then concluded that once the United States of America faces economic decline, the Kingdom of Britain will also be traumatized, so it calls on the Bank of the Kingdom of Britain to withdraw from the United States of America as soon as possible.
If the Royal Bank of England really does what he says, then British capital may really be evacuated.
However, in the data on various bonds in the United States given by the author of the title, the railroad bonds and some bonds issued by banks in the United States have risen at a rate that far exceeds people's fear of an economic crisis.
Don't say that they don't know that the economic crisis is coming. Even if each of them knows that the economic crisis is approaching, they will be confident that they can get out in time.
The same is true for banks. The larger the bank, the more they think they can survive the wave.
When the water floods the golden mountains, those who drown are often those who think they know how to swim.
It's just that banks can transfer risks to those retail investors. Large banks only need to announce that they will increase their discount rates to a certain height, and they are likely to scare away retail investors.
The retail investors who are really unable to take the blame are only a small part. As long as the losses caused by the bank itself are less than the bank's own capital, they can afford to pay the retail investors who cannot take the blame.
Or the bank is so big that as long as it goes bankrupt, the interests of more people will be harmed. At that time, the state will step in to protect the bank.
Those retail investors are in bad luck, and they all deserve it if they enter the Stud stock market.
What is even more unfortunate is that those who deposit their money in the bank, who originally only wanted to deposit their money safely in the bank to earn interest/annuity, are faced with the harm caused by the loss of bank investment.
What's worse is that once a bank declares bankruptcy, the bank's controller can just pat his butt and continue to be a billionaire, while those who deposit their money in the bank can only cry without tears.
[ps: Historically, after the bankruptcy of Paris Monetary Bank, the Perel brothers, as the founders, did not go bankrupt. Each of them still had assets of over 100 million in their hands. The two brothers were enjoying the life of rich people while publishing books and writing
Experience.
During this period, due to Jérôme Bonaparte's intervention in the Industrial Bank founded by the Perel brothers, the Industrial Bank was unlike the previous Bank of Paris in blind speculation.
Although Industrial Bank does have a certain degree of deficit, compared with the historical leverage of 10 times, it is simply too good.]
In short, although this article is well written and the arguments are tenable, no one will be willing to listen to them.
Especially now that the British Kingdom is conserving the impact of the East India Company's deficit (East India Company shares worth tens of millions of pounds have now fallen to only one-fifth of their original value), banks are speculating wildly to make up for the East India Company's losses.
No one cares about their opinions at all.
After reading the article written by Jerome Bonaparte, he continued to read down. After seeing the news about the increase in grain production in the Kingdom of Prussia next door, Jerome Bonaparte suddenly remembered that the economic crisis of 1857 seemed to be caused by more than just the steel bubble.
, increasing grain production is also one of the driving forces.
"I remember that the United States of America seems to have increased production this year!" Jérôme Bonaparte muttered in a low voice.
At this moment, there was a knock on the door. Jérôme Bonaparte put down the newspaper and responded, "Please come in."
The secretary from the secretary's office entered the room, holding in his hand a pile of documents that the secretary's office had sorted out for urgent processing.
Jérôme Bonaparte waited quietly for the secretary to put the documents on the table, then stopped the secretary and said: "Does your secretary office have the bulk market prices of the United States of America last year and the first half of this year, as well as
Weather conditions for the first half of the year in the grain growing regions of the United States of America!”
After listening to Jérôme Bonaparte's request, the secretary's expression couldn't help but condense.
If His Majesty only needs the wheat prices in the bulk market of the United States of America last year and the first half of this year, then their secretariat can still find it through gritted teeth.
The Information Office under the Secretariat specializes in collecting news from various countries and then summarizing it.
However, the weather conditions in the grain-producing areas of the United States in the first half of the year were indeed a bit difficult for their secretarial offices.
It is really difficult to understand this kind of east and west food-producing areas, but it is not realistic to go to the food-producing areas of the United States of America.
Without being able to go to the grain-producing areas, the information could only be pieced together from scraps of information in newspapers.
This is undoubtedly a big project.
"Why are you having difficulty?" Jérôme Bonaparte asked.
"No!" the secretary shook his head and replied to Jérôme Bonaparte.
After all, the duty of the secretarial office is to solve problems for leaders.
If even this little thing can't be done well, there will be no need for the secretary's office to continue to exist.
"Your Majesty, please allow me to return to the secretary's office to help you organize the information you need!" The secretary then replied to Jérôme Bonaparte.
"Go and come back quickly!" Jérôme Bonaparte nodded and responded to his secretary, and then continued to add, "By the way! The grain output and prices in France last year and the first half of the year also helped me.
Find a copy!
If not, ask the Ministry of Agriculture and Commerce to get it!"
"Yes!" The secretary bowed to Jérôme Bonaparte and left.
Another two and a half hours passed. Lucien Murat, the secretary general, appeared in front of Jerome Bonaparte. He placed the documents in front of Jerome Bonaparte and introduced them one by one, "Your Majesty.
, this is the grain production and market situation of the United States of America last year and the first half of this year that we compiled and summarized, as well as the weather conditions of the United States of America in the first half of the year! This is France’s last year and the first half of this year!”
"Thank you for your hard work! Lucio!" Jérôme Bonaparte nodded slightly and said to this man who was almost 20 years older than him.
"Nothing! This is all my responsibility!" Lucien Murat smiled and Jérôme Bonaparte responded in a calm tone.
Jérôme Bonaparte looked at the grain prices in the United States last year and the first half of this year. According to the published data, the price of wheat in the United States this year was far lower than the price in the same period last year by about 30%.
Grain prices reflect grain production to a certain extent, and the first half of the year in the United States was pretty good.
Later, Jérôme Bonaparte took another look at the weather conditions in the grain-producing areas of the United States of America in the first half of the year that had been compiled (or pieced together) by the secretary's office.
Judging from the compiled results, there was basically no bad weather in the United States of America in the first half of the year, and their staple food production in the second half of the year should also be very good.
If compared with last year, America can indeed call it a bumper year this year!
Immediately afterwards, Jérôme Bonaparte took up the French market conditions last year and compared them with this year.
When he saw that grain prices in France had also dropped this year, the price of wheat per liter in June 1856 was 32 francs 42 centimes, while in June this year the price of wheat was 27 francs 9 centimes.
If wheat from the United States of America arrives, the purchase price of French wheat will fall further.
This is not conducive to the farmers who support them. Thinking of this, Jérôme Bonaparte frowned slightly.
Lucien Murat, who was standing next to Jerome, saw this and Jerome Bonaparte asked in a low voice: "Your Majesty, are you dissatisfied with the data?"
Jerome Bonaparte shook his head and said to Lucien Murat: "Mura, your secretary's office did a good job! I'm just not satisfied with the price!"
Jérôme Bonaparte pointed to the prices on the data and said to Lucien Murat: "Look at our food prices last year and this year!"
After taking a look at the comparison of grain prices, Murat responded to Jérôme Bonaparte: "Your Majesty, it is normal for grain prices to fluctuate in a small range!
When the grain harvest is poor, the price will naturally rise! When the grain yield is high, the price will also fall!”
"It's really good if the rise and fall are within a reasonable range, but have you ever considered it!
If the United States of America has a big harvest at the same time as ours, what situation will our farmers face!" Jerome Bonaparte asked Lucien Murat. This chapter has been completed!