Chapter 387: Railway Bond Control Ordinance
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"Can the Ministry of Railways suspend all exchange of railway bonds during the war!"
Jérôme Bonaparte tentatively suggested to Baroche to suspend the exchange of railway bonds.
Baroche, who was standing beside Jerome Bonaparte, showed a shocked expression. He was obviously frightened by the suggestion made by Jerome Bonaparte.
"What's the matter? Can't it?" Jerome Bonaparte tapped on the table lightly, and joked to Barroche with his legs crossed with a smile: "What difficulties can you say! I'm not an arbitrary person. tyrant!"
You are more terrible than a tyrant!
Baroche meditated in the depths of his heart, Jerome Bonaparte's tactic simply made him deduct money from the banker in Paris.
There are no bankers behind any of the four major railway bureaus in the east, west, north, south, and middle.
Jérôme Bonaparte's strategy is to freeze the money "deposited" by the bankers in the railway. That money is not a small amount, but it is worth billions of francs!
The daily interest alone can make a large number of people worry about food and clothing.
Not to mention, these banks are themselves a transit point, they use the bank to collect the money of a large number of retail investors, and then use their money to generate more money.
After this part of the funds is frozen, a small number of banks are likely to fall into the risk of capital chain collapse.
No sane monarch would do such a thing, but Baroche suddenly thought of the situation in which Jerome Bonaparte had shot at the Rothschild family, and he wondered if his monarch would want to rob the banker again.
So far, Baroche can only bite the bullet and explain to Jerome Bonaparte the connection between the companies and banks behind the five branches of the Ministry of Railways, and gently remind Jerome Bonaparte not to freeze the railway bonds rashly. exchange, at least not without paying the bankers the interest on the railroad bonds.
Otherwise, there could be a chain reaction in Paris financial markets.
"Who told you that I want to freeze their interest?" Jerome Bonaparte cast a surprised glance at Barroche. He suddenly realized that the lawyer in front of him had a darker heart than he.
Jerome Bonaparte himself only wanted to temporarily freeze the channels for the exchange of railway bonds, so that there would be a large-scale run and the problem of bankruptcy. Should the interest be paid or paid, as long as the bankers could fool the people, the railway would be safe and sound operation.
During the war, however, those bankers had to bear some of the losses themselves.
However, Baros wanted to freeze all their principal and interest.
It was really beyond Jerome Bonaparte's expectations.
"What do you mean?" Barosh immediately realized that he had misunderstood what the emperor meant, and he hurriedly asked.
"Freeze railway exchange, but not the interest on railway bonds themselves! Especially short-term bonds!" Jerome Bonaparte explained to Baroche.
"Your Majesty, in this case, how should the government explain to those bankers who invested in us." Barroche asked Jerome Bonaparte with a bitter face.
"Explain?" Jerome Bonaparte showed a contemptuous smile at the corner of his mouth, his voice raised a few decibels involuntarily: "Those guys got so many benefits from the Empire! Now, I don't want to let them bleed a little bit. In the whole of Europe, which country is more tolerant to them than we are! You can tell those guys if you want to explain! Yes, let them come to the Tuileries, and I will explain it to them myself!"
Jerome Bonaparte's expression and tone all showed his determination. He would not accommodate the Bonaparte family like his cousins in history, nor would he let economic crises arise like history.
Freezing railroad bonds and sharing part of the risk with those bankers may not be the best solution, but it is certainly the most effective way.
They won't make a big fuss about the railways until they have their funds firmly tied to the railways.
Otherwise, judging by what Jerome Bonaparte knew about bankers.
Once the Crimean War begins, there will inevitably be a panic in the railway market. Those bankers who hold a lot of bonds will inevitably panic and cause the price of railway bonds to fall sharply. The panic caused by the fall will inevitably lead to the frenzied selling of the people, and then they will Use the money in hand to buy back at a price lower than the previous market.
In this way, the notoriety of the railway is borne by the government, the government loses its credibility, the people lose money, and they gain benefits.
"For the financial security of the empire, we must do this!" Jerome Bonaparte replied calmly again: "Appropriate regulation is conducive to the stable development of the market!"
Subsequently, Jerome Bonaparte told Baroche that he would send him a qualified supervisor to help the Ministry of Railways supervise railway bonds.
What Barosh didn't understand was that the guy sent by His Majesty was not so much to supervise their management of railway bonds as to monitor their nonsense.
For such surveillance, Baros is still very welcome. Even he himself has no confidence in being able to suppress those bankers, only with the help of the emperor's banner can he completely suppress them.
"Your Majesty, who are you going to send to the Ministry of Railways for guidance!" Baros euphemistically changed surveillance into "guidance".
"One of them is Prince Lucien Murat!" said Jerome Bonaparte to Baroche.
Lucien Murat, whose full name is Lucien Charles Joseph Napoleon Murat, is the second son of Marshal Murat, King of Naples, and Caterina Bonaparte.
The marshal who once made great achievements in the First Empire was deeply loved and used by Emperor Napoleon, the uncle of Jerome Bonaparte, so he was tied to the chariot of the First Empire by marriage by the emperor.
Marshal Murat's life was to implement the belief of living for the empire and dying for the empire. After a series of military failures in the empire, Murat was also seized by the Austrian army due to his reversal during the Hundred Days Dynasty. Captured the Kingdom of Naples.
Murat himself also failed to meet a general as reasonable as Wellington, and was shot by the Austrian army.
After the events of 1815, Murat, who was only 12 years old, settled in Trieste with his mother Katrina Napoleon and brother Aguirre Charles Ruiz Napoleon Murat and in 1824. In 2008, he traveled to the United States with his uncle and brother.
After arriving in the United States, Lucien Murat and his brother spent nearly 7 years without success, and what was even worse was that there was not much money left by Prince Murat.
In view of the worship of titles in the New World in the 19th century, Lucien Murat and his older brother Aguirre Murat decided to marry an American woman to support them for the rest of their lives.
Achill Murat successfully married George Washington's niece by virtue of the title of Prince Murat, and Lucien Murat married the descendant of the Duke of Lovat of Trenton.
After the marriage, the life of the older brother and younger brother was quite pleasant, but the good times did not last long.
The continuous business failures made the lives of the two families become poor. The failures in the past few years left Lucien Murat's wealthy family with little left, and only the school founded by his wife was barely able to survive.
The active Lucien Murat began to set his sights on Europe. During the period from 1839 to 1847, Lucien Murat had several trips between Europe and the United States.
Every time he tried to enter France, he was ruthlessly rejected by the government of Louis-Philippe.
To make matters worse, after Lucien Murat returned to the United States from Europe for the last time, he was suddenly told that his brother Aguirre Murat was in danger of dying.
Although the doctors had tried their best to rescue (bloodletting treatment), Aguirre Murat still could not escape the blessing of death.
As Aguirre Murat was middle-aged and childless, Lucien Murat inherited the title of prince from his brother.
A year after Lucien Murat succeeded the prince, a great revolution took place in France, and Jerome Bonaparte became president of France in December.
After learning that Jerome Bonaparte had become president, Lucien Murat immediately sold his family property in the United States, took his wife and four children back to France to meet Jerome Bonaparte, and fantasized about being able to receive Jerome Bonaparte. Reuse of M. Bonaparte.
Fantasy is fantasy after all, and reality has dealt a heavy blow to Lucien Murat, because Jerome Bonaparte is not a guy who likes to help relatives.
For a guy like Lucien Murat who is capable of not being heavy, the condition given by Jerome Bonaparte is that money can be given, but power should not be touched.
From 1849 to 1853, Lucien Murat existed only as an embellishment for the Bonaparte family.
Only after the establishment of the empire did Lucien Murat improve a little, and was awarded the post of "senator" by Jerome Bonaparte~www.novelhall.com~ as a member of the Senate.
Of course, this position is to allow Lucien Murat to get a little more money, and don't even think about other powers.
Since Baroche often needs to go to the Legislative Council and the Senate for routine debriefing reports, he often greets Lucien Murat, and he also has some good impressions of this prince.
Compared with other ambitious Prince Bonaparte, this Prince Murat is extraordinarily stable.
A prudent prince is far more qualified for this position than a prince who only knows nonsense all day (Pierre Bonaparte), and supervising railway bonds is not a job that has much technical content.
However, when Jérôme Bonaparte said the name of the second supervisor, Baroche, who had been vaccinated in advance, was still taken aback.
"The other is Jerome Patterson! The son of my half-brother, he can be regarded as my nephew! However, he should still be on his way here!"
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"Can the Ministry of Railways suspend all exchange of railway bonds during the war!"
Jérôme Bonaparte tentatively suggested to Baroche to suspend the exchange of railway bonds.
Baroche, who was standing beside Jerome Bonaparte, showed a shocked expression. He was obviously frightened by the suggestion made by Jerome Bonaparte.
"What's the matter? Can't it?" Jerome Bonaparte tapped on the table lightly, and joked to Barroche with his legs crossed with a smile: "What difficulties can you say! I'm not an arbitrary person. tyrant!"
You are more terrible than a tyrant!
Baroche meditated in the depths of his heart, Jerome Bonaparte's tactic simply made him deduct money from the banker in Paris.
There are no bankers behind any of the four major railway bureaus in the east, west, north, south, and middle.
Jérôme Bonaparte's strategy is to freeze the money "deposited" by the bankers in the railway. That money is not a small amount, but it is worth billions of francs!
The daily interest alone can make a large number of people worry about food and clothing.
Not to mention, these banks are themselves a transit point, they use the bank to collect the money of a large number of retail investors, and then use their money to generate more money.
After this part of the funds is frozen, a small number of banks are likely to fall into the risk of capital chain collapse.
No sane monarch would do such a thing, but Baroche suddenly thought of the situation in which Jerome Bonaparte had shot at the Rothschild family, and he wondered if his monarch would want to rob the banker again.
So far, Baroche can only bite the bullet and explain to Jerome Bonaparte the connection between the companies and banks behind the five branches of the Ministry of Railways, and gently remind Jerome Bonaparte not to freeze the railway bonds rashly. exchange, at least not without paying the bankers the interest on the railroad bonds.
Otherwise, there could be a chain reaction in Paris financial markets.
"Who told you that I want to freeze their interest?" Jerome Bonaparte cast a surprised glance at Barroche. He suddenly realized that the lawyer in front of him had a darker heart than he.
Jerome Bonaparte himself only wanted to temporarily freeze the channels for the exchange of railway bonds, so that there would be a large-scale run and the problem of bankruptcy. Should the interest be paid or paid, as long as the bankers could fool the people, the railway would be safe and sound operation.
During the war, however, those bankers had to bear some of the losses themselves.
However, Baros wanted to freeze all their principal and interest.
It was really beyond Jerome Bonaparte's expectations.
"What do you mean?" Barosh immediately realized that he had misunderstood what the emperor meant, and he hurriedly asked.
"Freeze railway exchange, but not the interest on railway bonds themselves! Especially short-term bonds!" Jerome Bonaparte explained to Baroche.
"Your Majesty, in this case, how should the government explain to those bankers who invested in us." Barroche asked Jerome Bonaparte with a bitter face.
"Explain?" Jerome Bonaparte showed a contemptuous smile at the corner of his mouth, his voice raised a few decibels involuntarily: "Those guys got so many benefits from the Empire! Now, I don't want to let them bleed a little bit. In the whole of Europe, which country is more tolerant to them than we are! You can tell those guys if you want to explain! Yes, let them come to the Tuileries, and I will explain it to them myself!"
Jerome Bonaparte's expression and tone all showed his determination. He would not accommodate the Bonaparte family like his cousins in history, nor would he let economic crises arise like history.
Freezing railroad bonds and sharing part of the risk with those bankers may not be the best solution, but it is certainly the most effective way.
They won't make a big fuss about the railways until they have their funds firmly tied to the railways.
Otherwise, judging by what Jerome Bonaparte knew about bankers.
Once the Crimean War begins, there will inevitably be a panic in the railway market. Those bankers who hold a lot of bonds will inevitably panic and cause the price of railway bonds to fall sharply. The panic caused by the fall will inevitably lead to the frenzied selling of the people, and then they will Use the money in hand to buy back at a price lower than the previous market.
In this way, the notoriety of the railway is borne by the government, the government loses its credibility, the people lose money, and they gain benefits.
"For the financial security of the empire, we must do this!" Jerome Bonaparte replied calmly again: "Appropriate regulation is conducive to the stable development of the market!"
Subsequently, Jerome Bonaparte told Baroche that he would send him a qualified supervisor to help the Ministry of Railways supervise railway bonds.
What Barosh didn't understand was that the guy sent by His Majesty was not so much to supervise their management of railway bonds as to monitor their nonsense.
For such surveillance, Baros is still very welcome. Even he himself has no confidence in being able to suppress those bankers, only with the help of the emperor's banner can he completely suppress them.
"Your Majesty, who are you going to send to the Ministry of Railways for guidance!" Baros euphemistically changed surveillance into "guidance".
"One of them is Prince Lucien Murat!" said Jerome Bonaparte to Baroche.
Lucien Murat, whose full name is Lucien Charles Joseph Napoleon Murat, is the second son of Marshal Murat, King of Naples, and Caterina Bonaparte.
The marshal who once made great achievements in the First Empire was deeply loved and used by Emperor Napoleon, the uncle of Jerome Bonaparte, so he was tied to the chariot of the First Empire by marriage by the emperor.
Marshal Murat's life was to implement the belief of living for the empire and dying for the empire. After a series of military failures in the empire, Murat was also seized by the Austrian army due to his reversal during the Hundred Days Dynasty. Captured the Kingdom of Naples.
Murat himself also failed to meet a general as reasonable as Wellington, and was shot by the Austrian army.
After the events of 1815, Murat, who was only 12 years old, settled in Trieste with his mother Katrina Napoleon and brother Aguirre Charles Ruiz Napoleon Murat and in 1824. In 2008, he traveled to the United States with his uncle and brother.
After arriving in the United States, Lucien Murat and his brother spent nearly 7 years without success, and what was even worse was that there was not much money left by Prince Murat.
In view of the worship of titles in the New World in the 19th century, Lucien Murat and his older brother Aguirre Murat decided to marry an American woman to support them for the rest of their lives.
Achill Murat successfully married George Washington's niece by virtue of the title of Prince Murat, and Lucien Murat married the descendant of the Duke of Lovat of Trenton.
After the marriage, the life of the older brother and younger brother was quite pleasant, but the good times did not last long.
The continuous business failures made the lives of the two families become poor. The failures in the past few years left Lucien Murat's wealthy family with little left, and only the school founded by his wife was barely able to survive.
The active Lucien Murat began to set his sights on Europe. During the period from 1839 to 1847, Lucien Murat had several trips between Europe and the United States.
Every time he tried to enter France, he was ruthlessly rejected by the government of Louis-Philippe.
To make matters worse, after Lucien Murat returned to the United States from Europe for the last time, he was suddenly told that his brother Aguirre Murat was in danger of dying.
Although the doctors had tried their best to rescue (bloodletting treatment), Aguirre Murat still could not escape the blessing of death.
As Aguirre Murat was middle-aged and childless, Lucien Murat inherited the title of prince from his brother.
A year after Lucien Murat succeeded the prince, a great revolution took place in France, and Jerome Bonaparte became president of France in December.
After learning that Jerome Bonaparte had become president, Lucien Murat immediately sold his family property in the United States, took his wife and four children back to France to meet Jerome Bonaparte, and fantasized about being able to receive Jerome Bonaparte. Reuse of M. Bonaparte.
Fantasy is fantasy after all, and reality has dealt a heavy blow to Lucien Murat, because Jerome Bonaparte is not a guy who likes to help relatives.
For a guy like Lucien Murat who is capable of not being heavy, the condition given by Jerome Bonaparte is that money can be given, but power should not be touched.
From 1849 to 1853, Lucien Murat existed only as an embellishment for the Bonaparte family.
Only after the establishment of the empire did Lucien Murat improve a little, and was awarded the post of "senator" by Jerome Bonaparte~www.novelhall.com~ as a member of the Senate.
Of course, this position is to allow Lucien Murat to get a little more money, and don't even think about other powers.
Since Baroche often needs to go to the Legislative Council and the Senate for routine debriefing reports, he often greets Lucien Murat, and he also has some good impressions of this prince.
Compared with other ambitious Prince Bonaparte, this Prince Murat is extraordinarily stable.
A prudent prince is far more qualified for this position than a prince who only knows nonsense all day (Pierre Bonaparte), and supervising railway bonds is not a job that has much technical content.
However, when Jérôme Bonaparte said the name of the second supervisor, Baroche, who had been vaccinated in advance, was still taken aback.
"The other is Jerome Patterson! The son of my half-brother, he can be regarded as my nephew! However, he should still be on his way here!"
"Can the Ministry of Railways suspend all exchange of railway bonds during the war!"Jrme Bonaparte tentatively suggested to Baroche to suspend the exchange of railway bonds.Baroche, who was standing beside Jerome Bonaparte, showed a shocked expression. He was obviously frightened by the suggestion made by Jerome Bonaparte."What's the matter? Can't it?" Jerome Bonaparte tapped on the table lightly, and joked to Barroche with his legs crossed with a smile: "What difficulties can you say! I'm not an arbitrary person. tyrant!"You are more terrible than a tyrant!Baroche meditated in the depths of his heart, Jerome Bonaparte's tactic simply made him deduct money from the banker in Paris.There are no bankers behind any of the four major railway bureaus in the east, west, north, south, and middle.Jrme Bonaparte's strategy is to freeze the money "deposited" by the bankers in the railway. That money is not a small amount, but it is worth billions of francs!The daily interest alone can make a large number of people worry about food and clothing.Not to mention, these banks are themselves a transit point, they use the bank to collect the money of a large number of retail investors, and then use their money to generate more money.After this part of the funds is frozen, a small number of banks are likely to fall into the risk of capital chain collapse.No sane monarch would do such a thing, but Baroche suddenly thought of the situation in which Jerome Bonaparte had shot at the Rothschild family, and he wondered if his monarch would want to rob the banker again.So far, Baroche can only bite the bullet and explain to Jerome Bonaparte the connection between the companies and banks behind the five branches of the Ministry of Railways, and gently remind Jerome Bonaparte not to freeze the railway bonds rashly. exchange, at least not without paying the bankers the interest on the railroad bonds.Otherwise, there could be a chain reaction in Paris financial markets."Who told you that I want to freeze their interest?" Jerome Bonaparte cast a surprised glance at Barroche. He suddenly realized that the lawyer in front of him had a darker heart than he.Jerome Bonaparte himself only wanted to temporarily freeze the channels for the exchange of railway bonds, so that there would be a large-scale run and the problem of bankruptcy. Should the interest be paid or paid, as long as the bankers could fool the people, the railway would be safe and sound operation.During the war, however, those bankers had to bear some of the losses themselves.However, Baros wanted to freeze all their principal and interest.It was really beyond Jerome Bonaparte's expectations."What do you mean?" Barosh immediately realized that he had misunderstood what the emperor meant, and he hurriedly asked."Freeze railway exchange, but not the interest on railway bonds themselves! Especially short-term bonds!" Jerome Bonaparte explained to Baroche."Your Majesty, in this case, how should the government explain to those bankers who invested in us." Barroche asked Jerome Bonaparte with a bitter face."Explain?" Jerome Bonaparte showed a contemptuous smile at the corner of his mouth, his voice raised a few decibels involuntarily: "Those guys got so many benefits from the Empire! Now, I don't want to let them bleed a little bit. In the whole of Europe, which country is more tolerant to them than we are! You can tell those guys if you want to explain! Yes, let them come to the Tuileries, and I will explain it to them myself!"Jerome Bonaparte's expression and tone all showed his determination. He would not accommodate the Bonaparte family like his cousins in history, nor would he let economic crises arise like history.Freezing railroad bonds and sharing part of the risk with those bankers may not be the best solution, but it is certainly the most effective way.They won't make a big fuss about the railways until they have their funds firmly tied to the railways.Otherwise, judging by what Jerome Bonaparte knew about bankers.Once the Crimean War begins, there will inevitably be a panic in the railway market. Those bankers who hold a lot of bonds will inevitably panic and cause the price of railway bonds to fall sharply. The panic caused by the fall will inevitably lead to the frenzied selling of the people, and then they will Use the money in hand to buy back at a price lower than the previous market.In this way, the notoriety of the railway is borne by the government, the government loses its credibility, the people lose money, and they gain benefits."For the financial security of the empire, we must do this!" Jerome Bonaparte replied calmly again: "Appropriate regulation is conducive to the stable development of the market!"Subsequently, Jerome Bonaparte told Baroche that he would send him a qualified supervisor to help the Ministry of Railways supervise railway bonds.What Barosh didn't understand was that the guy sent by His Majesty was not so much to supervise their management of railway bonds as to monitor their nonsense.For such surveillance, Baros is still very welcome. Even he himself has no confidence in being able to suppress those bankers, only with the help of the emperor's banner can he completely suppress them."Your Majesty, who are you going to send to the Ministry of Railways for guidance!" Baros euphemistically changed surveillance into "guidance"."One of them is Prince Lucien Murat!" said Jerome Bonaparte to Baroche.Lucien Murat, whose full name is Lucien Charles Joseph Napoleon Murat, is the second son of Marshal Murat, King of Naples, and Caterina Bonaparte.The marshal who once made great achievements in the First Empire was deeply loved and used by Emperor Napoleon, the uncle of Jerome Bonaparte, so he was tied to the chariot of the First Empire by marriage by the emperor.Marshal Murat's life was to implement the belief of living for the empire and dying for the empire. After a series of military failures in the empire, Murat was also seized by the Austrian army due to his reversal during the Hundred Days Dynasty. Captured the Kingdom of Naples.Murat himself also failed to meet a general as reasonable as Wellington, and was shot by the Austrian army.After the events of 1815, Murat, who was only 12 years old, settled in Trieste with his mother Katrina Napoleon and brother Aguirre Charles Ruiz Napoleon Murat and in 1824. In 2008, he traveled to the United States with his uncle and brother.After arriving in the United States, Lucien Murat and his brother spent nearly 7 years without success, and what was even worse was that there was not much money left by Prince Murat.In view of the worship of titles in the New World in the 19th century, Lucien Murat and his older brother Aguirre Murat decided to marry an American woman to support them for the rest of their lives.Achill Murat successfully married George Washington's niece by virtue of the title of Prince Murat, and Lucien Murat married the descendant of the Duke of Lovat of Trenton.After the marriage, the life of the older brother and younger brother was quite pleasant, but the good times did not last long.The continuous business failures made the lives of the two families become poor. The failures in the past few years left Lucien Murat's wealthy family with little left, and only the school founded by his wife was barely able to survive.The active Lucien Murat began to set his sights on Europe. During the period from 1839 to 1847, Lucien Murat had several trips between Europe and the United States.Every time he tried to enter France, he was ruthlessly rejected by the government of Louis-Philippe.To make matters worse, after Lucien Murat returned to the United States from Europe for the last time, he was suddenly told that his brother Aguirre Murat was in danger of dying.Although the doctors had tried their best to rescue bloodletting treatment, Aguirre Murat still could not escape the blessing of death.As Aguirre Murat was middle-aged and childless, Lucien Murat inherited the title of prince from his brother.A year after Lucien Murat succeeded the prince, a great revolution took place in France, and Jerome Bonaparte became president of France in December.After learning that Jerome Bonaparte had become president, Lucien Murat immediately sold his family property in the United States, took his wife and four children back to France to meet Jerome Bonaparte, and fantasized about being able to receive Jerome Bonaparte. Reuse of M. Bonaparte.Fantasy is fantasy after all, and reality has dealt a heavy blow to Lucien Murat, because Jerome Bonaparte is not a guy who likes to help relatives.For a guy like Lucien Murat who is capable of not being heavy, the condition given by Jerome Bonaparte is that money can be given, but power should not be touched.From 1849 to 1853, Lucien Murat existed only as an embellishment for the Bonaparte family.Only after the establishment of the empire did Lucien Murat improve a little, and was awarded the post of "senator" by Jerome Bonaparte~www.novelhall.com~ as a member of the Senate.Of course, this position is to allow Lucien Murat to get a little more money, and don't even think about other powers.Since Baroche often needs to go to the Legislative Council and the Senate for routine debriefing reports, he often greets Lucien Murat, and he also has some good impressions of this prince.Compared with other ambitious Prince Bonaparte, this Prince Murat is extraordinarily stable.A prudent prince is far more qualified for this position than a prince who only knows nonsense all day Pierre Bonaparte, and supervising railway bonds is not a job that has much technical content.However, when Jrme Bonaparte said the name of the second supervisor, Baroche, who had been vaccinated in advance, was still taken aback."The other is Jerome Patterson! The son of my half-brother, he can be regarded as my nephew! However, he should still be on his way here!"
