Entered after 1855, the economic conference of Austria Libyan government were many, besides processing bad assets, what was more important was the currency value reform. 进入1855年过后,奥地利政府的经济会议就多了起来,除了处理不良资产外,更重要的还是币值改革。 Different at the beginning of succeeding to the throne, gold and silver reserve that Austria benefits is insufficient, the economic work center of gravity of government is the stable currency value. 不同于继位之初,奥地利的金银储备不足,政府的经济工作重心就是稳定币值。 In the Near East war, through flowed in Austria to benefit to suddenly trade massive gold and silver, gold and silver reserve insufficient embarrassed is improved, the essential condition that the gold standard reformed has. 近东战争中,通过对俄贸易大量的金银流入了奥地利,金银储备不足的窘迫局面已经得到了改善,金本位改革的必要条件已经具备。 The range that the monetary reform involves was too broad, is not Franz taps the head to make the decision, the cabinet government has conducted the multiple proof, still cannot reach an agreement. 货币改革涉及到的范围太广了,不是弗朗茨一拍脑袋就可以做出决定的,内阁政府已经进行了多次论证,依然没有能够达成一致。 Currently what the majorities of countries use is gold and silver replacement system, or acts as the currency with gold and silver directly, the gold standard country is few. 现在大部分国家都采用的是金银复位制度,要不就是直接用金银充当货币,金本位国家还是很少的。 In the government building, supports the gold standard reform, and position gold and silver replacement system debated, this was Austria benefits the last time debate. 政府大楼内,支持金本位制度改革的,正在和主张金银复位制度的进行辩论,这是奥地利最后一次辩论了。 The viewpoint of that side can win, then in the future, Austria benefits will realize what monetary standard. 那一方的观点能够获得胜利,那么未来一段时间内,奥地利就将实现什么本位制度。 Which one is good and which one is bad, in fact not in system. Most suitable is best, the different times use the different monetary standards, is the best choice. 孰优孰劣,实际上并不于制度本身。最适合的才是最好的,不同的时间段采用不同的本位制度,才是最佳的选择。 In order to avoid extremely becoming the martyr in advance, Franz the elite who the final decision-making power gives this time, the judgments of these professionals, are always much stronger than his layman. 为了避免太过超前成为烈士,弗朗茨把最终的决定权交给这个时代的精英,这些专业人士的判断,总比他这个外行要强得多。 The Franz injunction said: „ This conference is only the discussion standard system of money, forbids to involve any not related topic, forbids the personal attack. 弗朗茨嘱咐道:“本次会议只是讨论货币本位制度,禁止牵扯任何不相关的话题,禁止人身攻击。 Asked everyone to ponder that was clear expressed the opinion again, your opinions will decide the new Holy Roman Empire future destiny, must consider all the factors in various factors. 请大家思考清楚了再发表意见,你们的意见将决定新神圣罗马帝国未来的命运,必须要综合考虑各方面因素。 Prime minister, you preside over the conference. ” 首相,你来主持会议。” Matter of quarrelling, lets on little brothers hand/subordinate! 吵架的事情,还是让手下的小弟们上吧！ If convinces the cabinet minister, Franz had not minded that occasionally goes into action personally. Now this public occasions, the Emperor fate debates personally, did not have the bearing. 如果是说服内阁大臣,弗朗茨还不介意偶尔亲自出马。现在这种公开场合,皇帝亲自下场辩论,就太没有气度了。 Has an ulterior motive aiming at copiously Duke, this monetary reform naturally cannot be so pure, otherwise Franz will not propose that early the gold standard reforms. 项庄舞剑意在沛公,这次货币改革自然不会那么单纯,不然弗朗茨也不会这么早提出金本位改革。 The intention of monetary reform deeper level, is the unification new Holy Roman Empire currency, draws in each state mintage. 货币改革更深层次的用意,还是统一新神圣罗马帝国的货币,收拢各个邦国的铸币权。 Seizing power time arrived, always careful Franz, this meeting naturally pays attention to the table manners, the respect on face must first give fully. 夺权的时候到了,向来小心谨慎的弗朗茨,这会自然是注意吃相的,面子上的尊重先要给足了。 Direct stiff benefits the currency to turn into the empire legal tender Austria, obviously is unrecommendable. What Franz wants is a united empire, is not the contradictory numerous empire. 直接生硬的把奥地利货币变成帝国法定货币,显然是不可取的。弗朗茨想要的是一个团结一致的帝国,可不是矛盾重重的帝国。 Now taking the opportunity that the monetary standard reforms, issues the new currency to replace various countries' original currency, to consider everyone's sentiment. 现在借着本位制度改革的机会,发行新货币代替各国原来的货币,就是为了照顾大家的感情。 No matter in any case the final result how, the mintage will be taken away by the central government. 反正不管最终的结果如何,铸币权都会被中央政府收走。 Prime Minister Felix replied: „Yes, your majesty!” 费利克斯首相回答道:“是,陛下！” Listened, said: „New Holy Roman Empire monetary standard conference, the last time enlarged meeting starting from, everyone represents to kiss according to the order now speaks.” 听顿了一下,又说道:“新神圣罗马帝国货币本位会议,最后一次扩大会议现在开始,各位代表亲按照顺序发言。” The person who is who attended are many, has the person who the qualifications spoke is not many, besides cabinet minister, only then various state represented the qualifications speech. 参加会议的人不少,有资格发言的人却不多,除了内阁诸位大臣外,就只有各邦国代表有资格发言。 Wurttemberg, Saxony, Frankfurt, Hessen, Lombardy and Bavaria respectively one person, the Austria advantage represent four people. 符腾堡、萨克森、法兰克福、黑森、伦巴第、巴伐利亚各一人,奥地利代表四人。 This is produces a representative according to every 10 million population( insufficient rounding up), each state is not lower than a principle of representative, is appointed the representative by various state governments. 这是按照每一千万人口产生一名代表(不足的四舍五入),每个邦国不低于一名代表的原则,由各邦国政府任命代表。 This is the system of Franz personally design, the main purpose is to avoid many people and many voices, delayed the conference time. 这是弗朗茨亲自设计的制度,主要目的就是为了避免人多嘴杂,拖延了会议时间。 The final conference result, represents by various state with five cabinet minister together voting decisions. Good, this is the political show, altogether 15 people can take part in the voting, 11 people are appointed by Franz personally. 最后的会议结果,由各邦国代表和五名内阁大臣共同投票决定。好吧,这就是政治作秀,一共十五人可以参加投票,其中十一人由弗朗茨是亲自任命的。 Frankfurt Representative Hans says: „, The gold standard system is not good, the issue is the output of our domestic gold cannot follow the commodity the growth. 法兰克福代表汉斯开口说道:“诸位,金本位制度并不是不好,问题是我们国内黄金的产量跟不上商品的增长速度。 According to currently the growth of domestic industry and commerce, we at least need to increase more than ten 20 tons gold reserves every year, can issue enough currency, safeguards the normal operation of economy. 按照目前国内工商业的增长速度,我们每年至少需要增加十几二十吨的黄金储备,才能够发行足够的货币,保障经济的正常运行。 But at present the new Holy Roman Empire every year gold production, can only satisfy 1/4 merely, how do the remaining gaps make up? 而目前新神圣罗马帝国每年的黄金产量,仅仅只能满足四分之一,剩下的缺口怎么补足？ By the foreign trade, purchases the gold from the international market? 靠对外贸易,从国际市场上收购黄金么？ The Near East war had ended, the opportunity of this war wealth is gone forever, must obtain such big surplus in the international trade, is almost not possible. 近东战争已经结束了,这种战争财的机会一去不复返,在国际贸易中要获得这么大的顺差,几乎是不可能的。 In order to safeguard the development of domestic economy , to continue to implement the current replacement monetary standard, is most suitable our. ” 为了保障国内经济的发展,继续实施目前的复位本位制度,才是最适合我们的。” According to currency value conversion that present Austria benefits, this means that the years trade surplus must be 14 million shield, obviously this is only the ideal number. 按照现在奥地利的币值折算,这意味着年贸易顺差要达到一千四百万盾,显然这只是理想数字。 In fact, wants to exchange the gold to ship back the native place, is used to treat as the release currency the reserve, this difficulty will be bigger. 实际上,想要兑换成黄金运回本土,用来当做发行货币的储备金,这个难度会更大。 Bavaria representative glory Geleg opposes saying: „ Mr. Hans, you considered thoroughly. The gold production is insufficient, has the means solution. 巴伐利亚代表荣格勒反对道:“汉斯先生,你太多虑了。黄金产量不足,又不是没有办法解决。 Since abolished the symmetalism, we stockpile a lot of silver not to need, can definitely take these silver to purchase the gold to the international market. 既然废除了金银混合本位,我们储备大量的白银就不需要了,完全可以拿着这些白银到国际市场上购买黄金。 At present many countries around the world are the replacement monetary standard, exchanges the gold hardly to have any barrier with the silver. 目前世界上很多国家都是复位本位制度,用白银兑换黄金几乎不存在任何障碍。 Really is not good, we can also enlarge the leverage, so long as the credibility of government can safeguard, in the international trade does not have the trade deficit, will create the gold outflow, the inflation will not happen. 实在不行,我们还可以放大杠杆比例,只要政府的信誉可以保障,国际贸易中不出现逆差,造成黄金外流,通货膨胀就不会发生。 Gold standard also replacement standard, in the final analysis finally by prestige, government , if no enough prestige, only if directly uses gold and silver to work as the currency. 无论是金本位还复位本位,归根结底最后都是靠信誉,政府要是没有足够的信誉,除非直接使用金银当货币。 The replacement monetary standard is not so happy. Superficially were many silver to make the reserve, we can print and distribute more bills. 况且,复位本位制度并不是那么美好。表面上来看多了白银做储备金,我们可以印发更多的钞票。 But in fact, we were clear that the gold silver ratio is changing at any time. A new gold ore and silver ore discovered, changes the gold silver ratio in market sufficiently, thus brings the intense fluctuation to the money market. 可实际上,我们都清楚金银比价随时都在发生变化。一座新的金矿、银矿发现,就足以改变市场上的金银比价,从而给货币市场带来强烈的波动。 Under the replacement monetary standard, the money market often has the fluctuation, the currency value that may happen any time changes, seriously affected the development of internal commerce trade. ” 在复位本位制度下,货币市场时常发生波动,随时可能发生的币值变化,严重影响到了国内商业贸易的发展。” Two people almost said two fit and unfit quality of monetary standards, if there is an enough gold reserve, naturally is the gold standard gets the advantage. 两人几乎把两种本位制度的优劣都说了出来,如果有足够的黄金储备,自然是金本位占优势。 Otherwise, can only assemble with gold and silver replacement standard. The credit standard tests does not need to consider, this age does not work. 反之,就只能凑合着用金银复位本位了。信用本位考都不用考虑,这个年代根本就行不通。 The international trade settles accounts time, gold and silver method of settling accounts does not use well, who will recognize „credit”? 国际贸易结算的时候,好好金银结算方式不用,谁会认“信用”啊？ Can't use the pure silver standard? Everyone knows the silver output in the world annually to increase at present, gold and silver exchange proportion assumes the futures. 总不能用单纯的银本位吧？谁都知道目前世界上的白银产量逐年增加,金银兑换比例呈下跌趋势。 If with the silver standard system, the money market stabilized, but is stable be at long-term depreciation condition. 如果采用银本位制度,货币市场是稳定了,不过是稳定的处于长期贬值状态。 Now this speed is not fast, by the late 19 th century, more and more silver ore was discovered, when the time comes currency also not bloody collapse? 现在这个速度还不怎么快,到了19世纪末期,越来越多的银矿被发现,到时候货币还不血崩？ Saxony Representative Frank opens the mouth to ask: „Discussed before this issue, we must make clear, how much money reserves now in the government hand has?” 萨克森代表弗兰克开口问道:“诸位讨论这个问题前,我们是不是要搞清楚,现在政府手中有多少金银储备？” „The new Holy Roman Empire central government adds on the local government, gold reserves is 382.6 tons, silver stocks is 8728.9 tons.” First Lord of the Treasury Carl replied “新神圣罗马帝国中央政府加上地方政府,黄金储备总量是382.6吨,白银储备总量是8728.9吨。”财政大臣卡尔回答道 This number is somewhat not as people expected, many people do not know that new Holy Roman Empire has so many gold reserves unexpectedly. 这个数字有些出乎众人的意料,很多人都不知道新神圣罗马帝国居然已经有这么多黄金储备了。 There is nothing well strange, since Franz succeeds to the throne, the Austria Libyan government increases the gold reserve on the subconscious start. 这没有什么好奇怪的,自从弗朗茨继位过后,奥地利政府就下意识的开始增加黄金储备。 Specifically speaking is the foreign settlement time, the reduced gold disbursement as far as possible, is changed to pay by the silver. Under gold and silver replacement monetary standard, all governments' attitude to the golden silver are in any case same. 具体来说就是对外结算的时候,尽可能的减少黄金支出,改由白银支付。反正金银复位本位制度下,各国政府对黄金白银的态度一样。 In the Near East war, the Russia person benefitted to Austria contributed massive gold and silver, increased the gold and silver reserve of Austria Libyan government. 近东战争中,俄国人给奥地利又贡献了大量的金银,增加了奥地利政府的金银储备。 In gold and silver reserve of new Holy Roman Empire , the Austria Libyan government grabbed 90% shares, naturally enhanced domestic gold reserve. 在新神圣罗马帝国的金银储备中,奥地利政府就占据了百分之九十的份额,自然就提高了国内的黄金储备量。 These gold are seemingly many, in fact carries out after the gold standard reform, only suffices to use merely earlier, with the constant development of economy, this reserve also needs to continue to increase. 这些黄金看上去很多,实际上进行金本位改革过后,也仅仅只够前期使用,随着经济的不断发展,这个储备金还需要继续增加。 The golden total quantity of this age is limited, before various countries' implementation gold standard reforms, most of gold preserve in the folk in the form of luxury goods. 这个年代的黄金总量有限,各国实施金本位改革前,大部分黄金都以奢侈品的形式在民间保存。 Hears this good news, advocated that conducts the gold standard to reform Austria to benefit on behalf of Yu Ergen says: „ Our gold reserve are many, if conducts the gold standard to reform now, but can also purchase the gold in the folk. 听到这个好消息,主张进行金本位改革奥地利代表于尔根开口说道:“我们的黄金储备量已经不少了,如果现在进行金本位改革,还可以在民间收购黄金。 At present various countries mostly are the gold and silver monetary standards of practicing, we conduct the gold standard to reform ahead of time, but can also seize the chance to exchange a number of gold to come back with the silver. 目前各国大都是实行的金银本位制度,我们提前进行金本位改革,还可以趁机用白银兑换一批黄金回来。 Once various countries started the monetary standard to reform, lost the silver of currency position, the price must happen to drop sharply inevitably, finally the estimate cannot preserve the present 1/3 values. 一旦各国都开始货币本位改革了,丧失了货币地位的白银,价格势必要发生大跌,最后估计连现在三分之一的价值都保不住。 From the perspective of long-term development, the stable currency value is important, the English first trod the first step, if we did not follow, behind must suffer a loss. ” 从长远发展的角度来看,稳定币值至关重要,英国人最先踏出了第一步,如果我们不跟上的话,后面就要吃亏了。” The gold standard system is the English raised, the English started to do the gold standard in 1823, they had enough overseas colony, mined the gold that to support them to implement the gold standard from the colony sufficiently. 金本位制度本来就是英国人提出来的,早在1823年英国人就开始搞金本位了,他们拥有足够的海外殖民地,从殖民地上开采出来的黄金足以支撑他们实施金本位。 This Europe majorities of countries are unable to achieve, although everyone knows that the advantage of gold standard, under without enough gold reserve, does not dare to follow up rashly. 这一点欧洲大部分国家都无法做到,尽管大家知道金本位的好处,在没有足够的黄金储备下,都不敢冒然跟进。 Money replacement monetary standard is substitute commodity under the gold reserve insufficient situation, if new Holy Roman Empire enters the gold standard time, then cannot go round this topic similarly. 金银复位本位制度就是黄金储备不足情况下的代替品,如果新神圣罗马帝国进入金本位时代,那么同样也绕不开这个话题。 Frankfurt Representative Hans shakes the head saying: „ Monetary reform is important, one step treads to receive again, the paid price was not tiny bit. 法兰克福代表汉斯摇了摇头说:“货币改革事关重大,一步踏出去再想要收回来,付出的代价就不是一星半点儿了。 Even if we sweep the goods in the international market now, the golden quantity that can obtain is still limited, can exchange 180 tons to come back, is not easy. 就算是现在我们在国际市场上扫货,能够获得的黄金数量也有限,能够兑换个百八十吨回来,就非常不容易了。 The gold standard system was built, earlier we can support. However ten years later, 20 years later, even is longer, when we discovered the gold reserve is insufficient, what to do should also? ” 金本位制度建立了,前期的我们可以支撑。但是在十年后、二十年后、甚至是更久,当我们发现黄金储备不足的时候,又该怎么办？” Listened to Hans's explanation, Franz to understand finally why they will resolutely oppose the gold standard reformed, in the final analysis the gold reserve was insufficient. 听了汉斯的解释,弗朗茨总算是明白了为什么他们会坚决反对金本位改革了,归根结底还是黄金储备不足。 The new Holy Roman Empire development speed is quick, since economic development, the amount of currency in circulation of then in the market needing naturally also increased. 新神圣罗马帝国的发展速度很快,既然经济发展了,那么市场上需要的货币流通量自然也就增加了。 Increased the amount of currency in circulation to be in this age the seal bank note was not only good, but must have enough reserve, or must have enough much money to place there, making people the prestige to government feel relieved. 在这个年代增加货币流通量可不仅仅是印票子就行了,还必须要有足够的储备金,或者说是要有足够多的金银放在那里,让民众们对政府的信誉放心。 Obtains the gold from the colony, emergence of this thought in the Franz mind, becomes can hardly be removed. 从殖民地获得黄金,这个念头在弗朗茨的脑海中一出现,就变得挥之不去。 This is effectively also the most credible means that the gold ore of South Africa are most, what a pity the English has seized the coastal area, only if can circle from the inland, otherwise can only look out. 这是最有效也最靠谱的办法,南非的金矿最多,可惜英国人已经占领了沿海地区,除非能够从内陆绕过去,不然就只能遥望。 This far-fetched means that Franz thinks to eliminate. The African inland area is not good to mix, that is the place of true barbarian desolate. 这种不靠谱的办法,弗朗茨想想就打消了。非洲内陆地区可不好混,那是真正的蛮荒之地。 Even made a connection with the transportation, finally develops the gold ore, but must encounter competition of various European countries. Austria benefits is not Great Britain, may not have the ability to shut off everyone to join from sea to divide the booty. 就算是打通了交通,最后开发出金矿来,还要遭到欧洲各国的争夺。奥地利不是大英帝国,可没有能力从海上切断大家加入分赃。 Franz does not want to make the bridal clothes for others, spent the big price to invest the big qualification, finally everyone carved up together, cannot do well Austria to benefit the cost unable to receive. 弗朗茨可不想替他人做嫁衣,花费大代价投入了大本钱,最后大家一起来瓜分,搞不好奥地利成本都收不回来。 Ponders other areas again...... 再次思考其它地区……