After the economic crisis erupted, the mines planted by Franz exploded, and unfinished projects appeared one after another, and the Vienna government cleaned up the mess everywhere.

There is no way, the economic crisis is too destructive, as the first global economic crisis, this crisis can be much more serious than previous economic crises.

In 1857 alone, more than 5,000 bankrupt enterprises in the United States were bankrupt, the stock market was cut in half, and the stock prices of some industries with serious overcapacity plummeted by 90 percent.

European countries are not much better, but the economic crisis has come a little later, and governments have time to react.

Unfortunately, in this era, there is no talk of government intervention in the economy, everyone is waiting for the crisis to break out, and the losses are naturally inevitable.

Affected by the economic crisis, many capitalists' capital chains have been broken. There is no money in his pocket, even if he is unwilling, he can only endure the pain of cutting meat.

The investment in the early stage is considered to be charity, and the performance bond is directly lost.

Government projects are unfinished, this is only a small problem, anyway, these projects are not burning eyebrows, and the construction will not kill people in a few years at night.

Moreover, the powerful capitalists still gritted their teeth and persevered. The more you invest, the more reluctant you are to give up, and these projects are still high-quality projects.

This persistence is crucial for the stormy Austrian economy. It directly allowed many enterprises in the relevant industrial chain to survive and avoid the continuous deterioration of the economy.

Prime Minister Felix said in a deep voice: "Your Majesty, up to now, as many as 1,800 enterprises have filed for bankruptcy in China, and as many as 2,000 enterprises are on the verge of bankruptcy, including the five major railway companies.

The stock market fell by 42 percent, with railroad stocks falling the most, and many investors lost confidence in railroads due to the impact of the U.S. railroad bubble, and the market value evaporated by 72 percent.

The textile, manufacturing, finance, and steel industries all suffered heavy losses, and even agricultural exports shrank by a quarter due to the economic crisis.

The value of industrial output fell by nearly 30 percent compared with the same period last year, and it is still in a state of continuous decline.

The number of unemployed people in the country has reached more than 980,000, and it is only a matter of time before it exceeds one million. If the economic situation does not improve, this situation will continue to worsen. ”

All walks of life were hit by the economic crisis and large-scale bankruptcies of enterprises, and Franz was not at all concerned, which was expected.

How can the wild economic development model be free from sequelae? Had it not been for the war in the Near East, which allowed Austria to seize the Anglo-French market in the Russian Empire, the economic crisis would have erupted long ago.

At the time of the post-war economic transition, the crisis in Austria began.

If it weren't for the opening of overseas colonies, the reform of the gold standard system, the influx of colonial gold that brought a large amount of money, and the government's increased infrastructure construction, the current economic crisis would not have started in the United States, but in Austria.

Other problems can be taken slowly, but the problem of unemployment is imminent and must be solved immediately, otherwise it will cause very serious social problems.

Franz thought for a moment and said: "According to the original plan, the government took over the unfinished construction project and let the workers return to work first.

At the same time, the government interviewed the railway companies that had stopped work, or they could find their own way to solve the financial problem and resume construction immediately; Either accept government funding and shares, in short, the construction must be resumed as soon as possible.

The Colonial Ministry should also act as soon as possible, the economic crisis is the best opportunity to organize emigration, not only in Austria, but in the whole of Germany.

You have to find a way to encourage bankrupt people to emigrate to the colonies, and at this time the Americans are also in an economic crisis, and there is no one to rob you of immigrants.

I ordered the colonial government to speed up its expansion into Nigeria and the Congo, and I authorized them to organize civilian forces to fight and expand our sphere of influence as quickly as possible. ”

As long as the normal construction of these projects resumes, then the relevant upstream and downstream enterprises will survive, and most of the domestic unemployment problem will be solved.

In this era, the industry is actually relatively simple, and the surrounding industries of these projects have included most of the industries in the country.

Franz swallowed up the unfinished infrastructure projects because they could not find a successor, so the government had to take over and continue construction.

In addition to the high market value of the railway company and the large cost of acquisition, a more important reason is that the railway company is trading at a loss.

Since the Vienna government licensed a series of lines to the railway companies, the "money road" of the railway companies has not been so bright.

The shrewd conglomerates, who retreated as soon as the US economic crisis broke out, are now trapped by speculators who are slow to react.

Franz was not likely to help them, knowing that the railway companies would not see a profit for the next ten years. There is no one to support such a long-term project, and the financial pressure is too great to rely on the investment of the Vienna government alone.

If it were possible, he would rather let private capital complete the railways of the new Holy Roman Empire than the public-private partnership that is now in the making.

Relying on a series of capital operations, Austria has added more than 14,800 kilometers of railways in less than 10 years, and the total length of railways in the entire New Holy Roman Empire has exceeded 20,000 kilometers.

If it were invested by the government, it is estimated that the Vienna government would not be able to complete even half of the project, which is the power of money, and the impoverished Vienna government cannot afford such a large project.

Even now, the Vienna government cannot afford such a huge investment. The infrastructure construction that is being carried out now is carried out with debt.

As a result, Austria has become the world's fourth largest debtor after Britain, France and the United States, and the Vienna government will have to work hard to repay its debts for decades to come.

War is the best way to deflect the crisis, but unfortunately the African continent is a little farther away, otherwise Franz would not mind taking a few indigenous kingdoms to survive this economic crisis.

However, the expansion of Shidang is still necessary, not to mention plundering wealth, at least the land for resettlement of immigrants must be snapped up first.

The overpopulation of the German region is not a day or two, but the Austrian region is still good, sending hundreds of thousands of immigrants to the Balkans and tens of thousands to the colonies, and the population pressure is not too great.

This is not the case in the rest of Germany, where every time an economic crisis breaks out and there is a wave of unemployment, it is a time of great emigration.

This time, an economic crisis also broke out in the United States, and it is estimated that at this time they just want to immigrate, and people will not welcome them.

Josip Jelačić replied: "Your Majesty, our Colonial Department has developed a migration plan, and in order to attract immigrants from the German region, we have proposed two ways of immigration:

First, they accept government employment, immigrants go to the colony to open farms, and the government arranges specific locations, and all immigration costs are borne by the government, so they don't need to worry about work.

Of course, this requires a five-year labor contract, and I offered a salary 20 percent higher than in the country, during which the government provided free family leave.

Second, free immigrants, who choose to settle in any of our colonial bases, the government subsidizes half of the cost of the ferry ticket. ”

Franz nodded, this was the best the Vienna government could offer. The main purpose of opening up these farms and plantations is to keep and reward meritorious people.

After all, the local land is limited, even if it is a canonized noble, most of them are only nominal titles, and many lands are owned by owners, and it is impossible to take them out for rewards.

Then it is inevitable to use the land of the colony as a fief. Not everyone has a family background, and if they are authorized to have a piece of land, they will have the ability to develop it.

Commoners or heroes from declining aristocracy have limited net worth, and they do not have the ability to develop fiefs in the past, so it is also a good choice to use the developed farms or plantations as fiefs.

If you develop it yourself, you may be able to obtain a fief of several hundred square kilometers, or even thousands of square kilometers, and if you get a ready-made farm, it will be a few tens of hectares, or hundreds of hectares of territory.

There is no such thing as a loss or taking advantage, and there is also a need for input costs in land reclamation. On this issue, Franz will not be strong.

The first plantations in the Guinean colonies are now seeing the payoff, after all, growing grain, cotton, and peanuts, these one-year crops still bear fruit quickly.

In the wake of this output, the Viennese government made a great deal of hype about the creation of a second home for the new Holy Roman Empire, emphasizing the fertility of the African lands.

Many people's perception of African colonies has changed, the concept of poisonous insect continents has been diluted, and richness has entered everyone's minds.

This is not a lie, there is really a lot of fertile land on the African continent, and the colonies opened up by Austria are relatively wealthy, and the climatic conditions are also suitable for human survival and livable places.

Now mobilizing people to emigrate can not only develop overseas colonies, but also solve the problem of unemployment at home, and also transfer the economic crisis.