It is not only the Austrian government that has benefited from the dividends, but also European governments that have made a fortune in this "anti-Semitic campaign".

Even the Russians, who had made smaller gains, turned a profit in this campaign, the second time in nearly four decades that the tsarist government had a fiscal surplus.

It is worth noting that the last time the tsarist government ran a fiscal surplus, it was also because of anti-Semitism. Once again, anti-Semitism has proven that the royal way to prosperity is to be anti-Semitic.

Looking at the daily increase in financial assets, Alexander III was refreshed.

The Tsar was in a good mood, and the palace in Gatchina was filled with joy.

After the joy, Alexander III began to be troubled again. This is the first time since he succeeded to the throne that he has such a lot of money, and he has no experience in how to spend this money.

It's not that there are fewer places to use money, on the contrary, there are too many places where the Russian Empire needs money.

Whether it's reducing government debt, investing in domestic infrastructure, or upgrading armaments, it takes money.

Due to the proximity to the last anti-Semitic campaign, the leeks did not grow very well, and the tsarist government had relatively limited revenues and could not support multiple projects at the same time.

Chancellor of the Exchequer Alisher Gulov: "Your Majesty, although the cash in the assets seized this time is billions of rubles, most of this money belongs to depositors, and only a small part really belongs to Jewish capitalists.

Among them, foreign exchange and gold account for a smaller proportion, with a total value of about 100 million rubles.

Considering that the government still has nearly 43 million rubles of international debt due this year and needs to be repaid, and more than 38 million debts due next year, the Ministry of Finance proposes to use all this foreign exchange to repay the debt.

In addition, there are nearly 80 million rubles of debt in the country that are about to mature, and this part of the funds also needs to be set aside.

After deducting these expenditures, theoretically there are still 640 million rubles of assets at the disposal of the government.

However, among these assets, only 80 million rubles of stocks and bonds can be quickly realized, and most of the rest are loans and a small part of real estate.

The Ministry of Real Estate Finance has already begun to deal with it, and strives to sell all of them within a year; The loan that is released is troublesome and can only be repaid when it expires. ”

There is no way, the favorite investment of Jewish capitalists is usury.

Especially in a country like Russia, where industry and commerce are underdeveloped, usury is much more profitable than investing in manufacturing, and Jewish capitalists naturally rush to it.

In a sense, this is why the tsarist government dared to be so unscrupulously anti-Semitic. After all, Jewish capital has piled into the banking industry, and even if it wants to do something, the impact on the country's economy is relatively small.

If the Jewish capitalists were keen to invest in industry, with millions of workers under them, any government would think twice before acting.

It is a pity that the Jewish capitalists have not yet realized this. All of them want to secretly control other industries and make huge profits through banking and financial means.

Alexander III frowned and asked, "In other words, the only funds we can really use now are the 80 million rubles, right?" ”

Chancellor of the Exchequer, Alisher Gulov: "A little bit more, and we have prepared a sum of money to pay off the debt, but it's not too much.

Originally, we had planned to negotiate with the bank to borrow another loan to repay these old debts, but now we don't need to.

With this part of the funds, the cash that the government can currently use is about 1.10 billion rubles.

Considering that there may be an agricultural crisis in the next few years, the Ministry of Finance recommends reducing debt holdings as much as possible, or setting aside some funds to deal with unexpected situations. ”

The era of Alexander III was a turning point, and from the time he came to the throne, the tsarist government struggled to turn around its international image, including paying its debts on time.

Of course, the debts that have been relied on before are not counted, and if you don't want to be repaid, it is naturally impossible to continue to repay.

Now the debtors are mainly Austrian and the Nordic Confederation, both good neighbors of the Russian Empire.

Thanks to the efforts of Alexander III, the total external debt of the Russian Empire fell by almost a fifth from its peak, and the financial situation improved somewhat.

In just five years, such brilliant results have been achieved because of "international trade".

By selling off the spoils of the Third Near East War and contracting the resettlement of the Ottoman Empire, the tsarist government managed to reduce its debts.

Even with the reduction of its debts, the tsarist government's finances were still struggling. This anti-Semitic campaign can be described as a timely rain.

It's a pity that the bureaucracy is a little corrupt, otherwise Alexander III wouldn't have been so worried.

Copying such a small amount of assets is simply an insult to the Jews' ability to accumulate money, and no one will believe it.

Seeing that the Chancellor of the Exchequer intended to keep the money, the Minister of the Navy, Anand Nicholas, hurriedly said: "Your Majesty, the warships promised by the Austrians can already be delivered.

Everyone has urged them several times, and they have been dragging it out like this and not collecting the ship, and our Admiralty is almost out of sight. ”

The navy is a gold-swallowing beast, and once the warship is obtained from the Austrian navy, the follow-up maintenance costs will have to be paid by the Russians themselves.

The Russian Navy is a typical poor man's navy, most of the warships were built during the time of Nicholas I, and the age of the ships even exceeds the average age of naval officers.

It is estimated that no one will believe it, and now the Russian Navy does not need to board ships, let alone go to sea, and the training drills are exactly the same as those of the army.

The reason for all this is not that the top echelons of the Navy have their brains in water, but that the warship cannot be driven at all.

Most of the warships have long passed their service life, and now they are sailing out of port, and no one knows when they will sink.

Not to mention the live firing at sea, it is estimated that a round of artillery salvo and recoil can make the warship fall apart.

In this context, what else can you do if you don't use the Army Drill Manual?

According to the training standards of the Navy, if the warship is sunk after a round of live fire after leaving the port, the Russian Navy will be destroyed.

No one can afford such horrific consequences. The subtle changes in the Russian Navy were very tacitly chosen by the tsarist government to be invisible.

In order to get the new warship as soon as possible, the Russian Navy often launched petitions, so that Anand Nicholas, the Minister of the Navy, did not dare to inspect the navy, for fear that he would be blocked by the sailors and unable to get off the stage.

Now that the opportunity has come, it is natural to actively strive for it. There is no need for more, as long as he allocates eight million to bring back the warships promised by Austria, so that the Russian Navy can have warships to go to sea, and he will be content.

Glancing at each other, Alexander III couldn't say anything to refuse in the face of the Admiralty's earnest gaze.

The Russian Empire is also the fourth largest power in the world, and the navy does not even have a framed façade, so it is impossible to say anything.

If it was to buy a warship, Alexander III would definitely refuse, and the tsarist government could not afford to play with these luxuries. A warship that can be given away for free, and it is impossible to say no more about refusal.

Alexander III was also ambitious, and he had heard the phrase "century-old navy". If the current situation continues, it will not be long before the Russian Navy will even break the seeds.

Secretly clenched his fists, as if he had experienced a mental struggle of assembly, and after half a sound, Alexander III said slowly: "Let's take the warship back first!"

The warships promised by the Austrians are all active equipment and are at an advanced level in the world, and the Ministry of Finance has allocated another 8 million rubles for the maintenance of warships, and these warships cannot be abandoned. ”

Everything depends on who you compare with, the former dreadnoughts appeared, and these battleships that Austria took out were naturally not the most advanced.

But now the only countries that have ex-dreadnoughts are Britain and Austria, and both have only one experimental ship, and the French have slowed down the progress due to the civil war, and their ex-dreadnoughts are still under construction.

Looking at the whole world, these active warships taken out by Austria are still at the top level.

The countries that can scale warships of this grade are actually Britain, France and Austria.

After the Russians got their hands on these warships, they theoretically returned to the fourth naval power in the world, at least in terms of the tonnage of capital ships.

The Chancellor of the Exchequer, Alisher Gulov, reminded: "Your Majesty, Austria has promised us a lot of warships, and when they are all returned, they will have to increase the cost of maintenance by tens of millions of rubles every year.

This is still a lot of pressure on government finances. Either we will receive some of the warships first, and the rest will be talked about later. ”

As soon as he finished speaking, Alisher Gulov realized that he had lost his words. It is certainly possible to receive some warships first, but then the face of the Russian Empire will be lost.

The key is that in this way, their weak nature is exposed to the outside world.

Other countries are weak and can pretend to be grandchildren, but the Russian Empire cannot.

For a country like them with poor personal relations, high hatred values, and many enemies, the weaker they are, the more they must hold on, otherwise there will be wolves eating tigers.

Without any surprise, Alexander III decisively chose to refuse.

"No! All the warships must be brought back, and the government's earnings this time must be kept strictly secret.

When necessary, we can release some fake news to make the outside world think that we have recovered.

The relocation of another 50,000 Cossacks into Central Asia next month can lead to some conflicts with the Central Asian khanates, but it is necessary to grasp that degree and not really cause war. ”

The words of the Chancellor of the Exchequer still aroused the alarm of Alexander III, and the delay of more than a year without receiving the warship would certainly arouse suspicion.

At this time, we must find a way to make up for it, and the best way is naturally to show strength to the outside world. Looking around, the best to bully and the most suitable for Liwei are the khanates of Central Asia.