Chapter 31 Financial Turmoil I

After the announcement of this news in Romania, foreign banks in Romania exploded, and due to the weakness of Romania's own financial community, most of the capital was controlled by foreign banks. Among them, the Bank of England, the National Bank of Paris, the National Bank of Russia, and the Deutsche Reich Bank are among the leaders. The Romanian government is quite dissatisfied with the banking bill, and no one wants to be controlled.

Eder knew that if Romania's financial world was left unregulated, most of its wealth would be siphoned off by the great powers. Romania's industrial development does not want to grow, and now when the major banks are taking advantage of the economic crisis, they are caught off guard, and now the timing of the crown prince is very good.

The day after the bill was announced, the heads of the Bank of England, the National Bank of Paris, the National Bank of Russia, and the Reichsbank in Romania sat together to discuss the response. Obviously, financiers are not vegetarians, and capital's pursuit of profits will not obediently obey because of a financial bill, which must go through a fight to convince both sides.

Several leaders had a heated discussion on the issue. Tiromotov, the head of the National Bank of Russia in Romania, was the first to speak with an angry face: "Romania is the persecution of our foreign banks, we can't just give in, otherwise this business will not be able to be done." There is also a reason why Tiromotov is so excited, the National Bank of Russia has the most business among the foreign banks in Romania, and the bill has the greatest impact on him.

As an ally of Russia, the head of the National Bank of Paris, Mondrick, also expressed his support. "Mr. Tiromotov is right, we must make our attitude clear and not let our interests be harmed." BNP Paribas operates less than a third of the Russians in Romania, and it doesn't matter if there are polar bears to support it anyway. Losing is also the first bad luck for the Russians, and if they win, they can expand their business scope.

The head of the Bank of England, Ellison, also expressed his opinion. "I think this bill can be amended appropriately, after all, we still have to do business in Romania, and we still need to give the government a little respect. We can pay 5% of the deposit, and I heard that the Romanian government has been short of money recently, so we can jointly give them 6 million pounds, I believe this will make Romania feel our sincerity. ”

Ellison's remarks raised questions for Tiromotov. "So what mortgage do they take?"

"Seigniorage can be used as collateral." Ellison said unhurriedly, and this sentence aroused great interest in Tiromotov. "If that's the case, then we can pay more to the Romanian government, £10 million, I believe is also an acceptable figure." It is clear that Russia is resentful of Germany's previous loan to Romania, which has greatly increased the pressure on Russia's western land.

"What does Mr. Cromander think of this proposal?" Mondrick, the head of France, asked without saying a word, as if he were a transparent man. As the head of the Deutsche Reich Bank in Romania, Kromander actually wanted to applaud the hard work of the three in front of him. Obviously, they had already negotiated, mainly because they were afraid that the Reich Bank, which was Wilhelm II's purse, would attack them behind their backs, and their concerns about the current relations between Germany and Romania were very reasonable. Cromandel was thinking about how to stab them in the back.

It is normal for both sides to stab each other now that hostilities have arisen, which is why the heads of Britain, France, and Russia will focus on Romander in this discussion.

"I need to report this matter to the country, it is beyond my scope of responsibility." Romander said first, "Your Excellency can't make a decision on anything?" As a feud Frenchman, Mondrick did not forget to be sarcastic. Cromande pretended not to hear anything, picked up his coat and gestured to the three of them. "Farewell."

After the three watched as Romandel walked out of the room, Mondrick spoke. "I knew the Germans couldn't be trusted." "At least he didn't turn it down, and that's good news." Ellison had his say.

Romander returned to his office and asked his assistant, "Haven't you sent us any news from the country?" "It is not estimated that the government still needs to issue directives in China." The assistant replied. Unlike private banks, the Reichbank is not in charge of profits, and sometimes it has to take on some government requirements, which is also its responsibility as a central bank. Towards the end of the day, the assistant came to Romandel's office and handed a telegram to the head of Romania. Cromander saw the words on the telegram, 'Help is precious in the most difficult times.' 'Romander destroyed the telegram after reading it.

The next day, we talked again and asked straight to the point. "Can you negotiate on behalf of the Reich Bank?" "Mondrick, you're too direct, it's not a gentleman's doing." Ellison said in a round, but he also looked at Romandel, clearly hoping for an answer. Romandel's answer did not disappoint them. "I am now able to negotiate on behalf of the Reichsbank."

Tiromotov was the first to ask, "Do you agree to yesterday's proposal?" ”

"Most of them agreed, but the proportion of the investment in the payment needs to be discussed." Cromande acted in full and said.

"All four of our banks are a quarter." Mondrick seemed to be just, "This is not going to be too unfair to us at the Reichsbank." Kromander retorted loudly, obviously these three are now one, and then it will be 75% to 25% If Romander agrees, the Reichsbank has enough reason to suspect that he is undercover.

"Our bank should receive 45% of the capital contribution in Romania for the fastest development." "It's impossible," Tiromotov almost jumped up and retorted. If they follow Romand's plan, then they have nothing to do, precisely because they want to suppress German capital in Romania, so as to expand their share.

"You two want us to be able to come up with a plan that is acceptable to both of us, rather than a lion opening his mouth." Ellison was also troubled by the quarrel between the two, and after a fierce battle, the amount of the goods was finally set at 8 million pounds, due to the necessity of France to win over Russia, in Romania, which it valued, France ceded a part of the proportion, and the final result was 17.5% for Britain, 15% for France, 32.5% for Germany, and 35% for Russia.