typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 32 Financial Turmoil

Edel looked at the petition sent by the Bank of England, the National Bank of Paris, the Russian State Bank, and the Deutsche Reichsbank. Looking at the request, which was actually an ultimatum, Edel felt heavy pressure. After all, before

At home, with the support of Carol I, no one can touch him, and now the old king may not be able to withstand it.

Edel is now thinking about how to deal with the financial attacks from major foreign banks. No matter how he responds, he must have sufficient funds. This is the ammunition to fight these capitalists. Edel came to the old king's office, and now he needs Carlo

Your support.

"What do you think, Edel?" In the room of King Carol I, the old king asked Edel what he thought. "No matter how we deal with it, we must first raise a large amount of funds and delay them for a few days." Listen.

The old king who was talking to Edel was thinking secretly. He and his son did not expect that the other party would react so strongly and it was different from what was expected. Before, he blamed himself for being too optimistic and wanting to leave Edel a better kingdom. Now this petition

Push yourself until there is no way out. Now I believe many people are watching the government's decision. Whether power controls capital or capital controls power can only be known after a struggle.

If you lose everything, don't mention it. The prestige of the government and the royal family will be greatly reduced. I believe there will be calls for the reorganization of the government, and the royal power will be significantly handed over to future governments. This is unacceptable to Carol I, the founder of the Kingdom of Romania.

Winning would guarantee that the royal family would have absolute power within twenty years. King Carol was aware of the current growth of the European bourgeoisie. As they grew themselves, they would also demand corresponding power and status.

Edelti's financial bill was the royal family's attempt to control the bourgeoisie. King Carol also hoped to take advantage of the financial crisis to regulate them. But he did not expect that these foreign banks representing the European powers would completely unite.

They can represent two opposing camps. It seems that Romania's profit has actually allowed the two opposing camps to unite.

The king and his son called the steward, Viscount Edley, to report on their family fortune. "Because His Highness Edel has invested in oil, automobiles, bicycles and other industries, the royal family now has 3.8 million pounds in cash..." The Carroll father and son discussed after the steward reported and left.

"You must have 10 million pounds in funds to withstand the financial attacks of these guys." Edel, who has the experience of later generations, said that Edel, who has the experience of later generations, only knows that the two major socialist countries will default on their debts if they cannot repay them.

Only God knows how much it will help Romania. Now, this small Balkan country, which is surrounded by European powers, dares not go beyond the rules as long as it abides by the rules of the game.

"It's still too little." King Carol thought of the steward's report. In fact, the royal family has a lot of assets, but most of them are real estate. It is also difficult to realize the land and houses. No one in the country can afford it, but there are some abroad, but the royal family does not.

Dare to sell.

"Actually, there are ways to prepare enough funds." Edel looked at his father and continued. "Americans have always had great ideas about the European market. If we ask them to borrow goods as collateral, I believe we will not be rejected."

Edel discussed the details with the old king, and after they both felt it was feasible, he asked Prime Minister Stuart to discuss it. As a royal supporter, Stuart was very qualified. After hearing the crown prince's plan, the old prime minister thought about it.

He said, "Your Highness, our actions must be secretive and fast, so as not to give them too much time to react."

Subsequently, the government sent a reply to the four major foreign banks saying that it would take a few days to consider because the matter was so important. The heads of the banks who received the reply discussed again. "This time our ultimatum will make Romania surrender. No one can resist the four of us joining forces."

." Tiromotov said with some enthusiasm, and the other three could also see it. Because of today's discussion, Tiromotov still had a bottle of wine in his hand. It seems that he has been under a lot of pressure recently.

"I hope this is the best. As long as we unite the Romanians, we will have no choice but to surrender." Mondrick said this while looking at Cromander. Obviously, his worries were justified.

Seeing this scene, Cromander knew that he could not arouse suspicion. "There will be no problem on my side. I am just afraid that Mr. Mondrick forgot to prepare the funds for the payment. If so, the Reichsbank can do it for him."

Mondrik's face changed when he heard Cromander's taunt, and he was obviously ready to regain the situation. He was persuaded to leave by Ellison who had been silent. "Okay, our quarrel can't bring any profit to the bank. Now we need

Only through unity can we share the cake.”

After listening to Ellison's speech, the two of them could not help but calm down to give him face. Ellison was very satisfied with the effect and continued, "I don't think this matter will be so simple for them to give in. From my understanding

The king and his son are not simple people, and there may be twists and turns in this matter."

"Then what should we do now?" Tiromotov, as the party with the greatest interest now, asked the most concerned one. "We must first clear out the trash fish. Those who do not listen to us will reduce their loans and increase their loans."

Interest rates force them to side with us. We must also closely monitor the actions of the palace and the government to be careful that they may suddenly attack us."

"Very good, let's do it like this." Tilomotov nodded and said. Although the other two people were dissatisfied with the Russians and represented other people, they still nodded in agreement. After all, this is a very good idea.

During the secret negotiation between the four of them, Edel called the captain of the guard, Calust, and quietly told him, "Go and invite Mr. Smith, don't let anyone know." "Okay, Your Highness." Calust replied and left.

Room.

After a while, Kallust walked out of the palace with a guard. It was said that he went to Ploiesti to buy things for the crown prince. He came back the next morning with a bunch of things.

"Your Highness, what do you want from me?" Smith, who was wearing a guard uniform and a hat, asked. Regarding the fact that he was secretly brought back to Bucharest, Smith knew that he must convey the message himself. His assistants had told him about the events of the past few days.

, making Smith feel that this is an opportunity, an opportunity to climb up.

"Mr. Smith, I need you to send this telegram to Mr. Rockefeller of your company." Edel handed the document in his hand to the American. Smith took the document and saw that the royal family was willing to give 60% of the Romanian Petroleum Company.

80% of Volkswagen's shares were mortgaged to Rockefeller's banks in exchange for a loan of US$25 million, and some land under the royal family's name was loaned US$25 million. At the same time, US capital was welcome to enter Romania's financial sector, with a total loan of 50 million.

US dollars (10.24 million pounds). Repayable in eight years, with an annual interest rate of 4.5%.

Seeing this, Smith felt full of energy. He knew both the oil company and the automobile factory and thought the valuation was reasonable. "Your Highness, please wait for my good news."

That night this document was placed on John Rockefeller's desk, along with Smith's assessment of the current situation in Romania. After John Rockefeller carefully read the document, he handed it to John Rockefeller Jr. After he also read it, he asked, "What's the matter?"

Sample."

John Rockefeller Jr. thought about it and said, "It's a good deal."

John Rockefeller nodded to the butler and said, "Call Morgan. I think he'll be interested."

After a while, the butler handed the phone to John Rockefeller. "Good evening Morgan, I hope I didn't disturb you for dinner. I have a good deal here. Are you interested?" "Can Rockefeller give me the phone during dinner time?"

I'm calling, I'm very interested in this deal." Morgan said on the other end of the phone. Rockefeller told Morgan the telegram sent by Smith.

"This loan is very good. The Rohenzollen family in Romania is still very wealthy. I took over this business. I can send them a land loan of 25 million US dollars through the European branch. By the way, I will also send you your

We also sent them a loan." Morgan knew that the purpose of Rockefeller's call was to quickly send the money through his own channels. Not only Rockefeller was interested in getting involved in the Balkans, but Morgan was no exception. He could make money.

The European branch can also expand its business scope, which is indeed a good deal.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next