HRE :: Volume #4

#306: Iron barrack, the soldier of running water

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The economic crisis of capitalist country, often is comes also to hurry away also in a hurry. The first global economics crisis, drew to a close at the beginning of 1859 finally. 资本主义世界的经济危机,往往是来也匆匆去也匆匆。第一次全球性经济危机,到了1859年初总算是落下了帷幕。 By the end of 1858, Austria benefitted the gross industrial production to drop 29.7% compared with the last year, the economic output fell 17.3%, the bankrupt enterprise reached as high as more than 3000, the unemployment population once broke 1 million...... 截止到1858年底,奥地利工业生产总值较之上一年下降了百分之二十九点七,经济总量下跌了百分之十七点三,破产企业高达三千余家,失业人口一度突破百万大关…… Franz is understands why finally everyone so feared about the economic crisis, the Vienna government actively takes the counter measures, the result loss is such big, has not adopted the country of measure not to mention. 弗朗茨总算是明白大家为什么对经济危机那么恐惧了,维也纳政府可是积极采取应对措施的,结果损失还是这么大,没有采取措施的国家更不用说了。 Naturally Austria benefits in the economy to lose is so big, has the direct relation with the beforehand economical wild growth, by the railway company that Franz fries, the market value is once broken 1/10 of peak. 当然奥地利经济中损失这么大,和之前经济狂放增长也有直接关系,被弗朗茨炒起来的铁路公司,市值更是一度跌破了巅峰时期的十分之一。 The loss that the economic crisis incurs is big , is not only the misdemeanor. Changes an angle to look at the issue, this also means the industrialization that Austria benefits was soon completed. Only the capitalist economy developed the certain extent, will present this loss. 经济危机带来的损失大,也不仅仅是坏事。换个角度来看问题,这也意味着奥地利的工业化快要完成了。只有资本主义经济发展到了一定程度,才会出现这种损失。 If the capitalist principle economy has not developed, even if met the economy, will not be affected by anything. 如果资本家主义经济没有发展起来,就算是遇到了经济,也不会受什么影响。 Russian Empire of next door is an example, the economic crisis and do they have the relations? 隔壁的俄罗斯帝国就是一个例子,经济危机和他们有关系么？ This economic crisis loses seriously was beautiful Austria both countries, the US because of the English withdrawing fund, in the market had the cash squeeze, the weak central government felt helpless completely. 这次经济危机损失最惨重的就是美奥两国,美国是因为英国人抽回资金,市场上出现了钱荒,弱势的中央政府完全不知所措。 Austria benefits naturally is the capital floods into crazily, sequela that the capitalist blind investment brings. After economic crisis, the market returned to the rationality, is not considered as that a misdemeanor. 奥地利自然是资本疯狂涌入,资本家盲目投资带来的后遗症。经济危机过后,市场回归了理性,也不算是一件坏事。 Initially slightly read an economic report, Franz satisfied nod. 初略看了一遍经济报告,弗朗茨满意的点了点头。 That without any experience can draw on, can walk quickly from the economic crisis, the performance of Vienna government is qualified. 在没有任何经验可以借鉴的情况下,能够这么快从经济危机中走出来,维也纳政府的表现还是合格的。 Prime Minister Felix says: „ Your majesty, the economic crisis had ended, the world economy starts to return to warmer weather. The cabinet decided to end the economic stimulus policy, in order to avoid presented the frantic blind investment again. 费利克斯首相开口说道:“陛下,经济危机已经结束了,世界经济都开始回暖。内阁决定结束经济刺激政策,以免再次出现狂热的盲目投资。 In order to resolve this economic crisis, the government increased the infrastructure investment, we in 1858 the political deficit of wealth reached as high as 280 million aegises, had gone beyond the fiscal bearing capacity of government seriously. 为了应对这次经济危机,政府加大了基础设施投资,我们1858年财的政赤字高达2.8亿神盾,已经严重超过了政府的财政承受能力。 In order to reduce the financial pressure, the government plans to cut the fiscal expenditures in the next three years, gradually reduction debt 30 million aegises. 为了减小财政压力,政府计划未来三年里压缩财政开支,逐步减持债务3000万神盾。 The begun construction project continues, is planning and not conducted the engineering project of construction, the complete extension is conducted. ” 已经开工建设的项目继续进行,正在规划和尚未进行建设的工程项目,全部延期进行。” The infrastructure is to also ask for money, in biggest the taking over a business hero as this economic crisis, the Vienna government also disbursed the large amount of expense. 基础建设也是要钱的,作为这次经济危机中最大的接盘侠,维也纳政府也支出了巨额的费用。 Fund that the issue debentures raise, part was used to take over a business the rotten tail project ; Part to invest the way of investing, entered the railway company and relates to the industry of national economy and people's livelihood. 发行债券募集到的资金,一部分用来接盘了烂尾工程;一部分以投资入股的方式,进入了铁路公司和关系到国计民生的产业中。 The financial deficit 280 million aegises, spend. Two -and-a-half years of financial revenue, turned into the infrastructure engineering project and enterprise stockholder's rights. 财政赤字2.8亿神盾,就是花出去的。两年半的财政收入,都变成了基础设施工程项目和企业股权。 Remaining that parts, but must earmark a fund for a specific purpose. It is not all engineering project rotten tails, locked the plan to belay many people. 剩下的那一部分,还要专款专用。又不是所有的工程项目都烂尾,套牢计划还是套住了不少人。 Others are continue complete the engineering project, the government naturally must pay the construction industry. The Vienna government takes seriously the prestige, after the completion test is qualified, letter of credit. 人家在继续完成工程项目,政府自然要付工程款了。维也纳政府可是非常重视信誉的,完工验收合格后立即付款。 The government did not have money, naturally must reduce the expenses, the first blade cut in the infrastructure investment. 政府没钱了,自然要削减开销,第一刀就砍在了基础设施投入上。 This infrastructure constructs greatly, has been equivalent to an ordinary period ten years of investment, is naturally impossible to continue. 这一次基础设施大建设,已经相当于平常时期十年的投入,自然不可能持续下去。 That feared that is how again crazy, Franz not possible every year to spend a financial revenue time of money, invests into the infrastructure construction. 那怕是再怎么疯狂,弗朗茨也不可能每年拿出财政收入一倍的钱,投入到基础设施建设上。 The economic crisis period, does one wave emergency. After the economic crisis ended, does the capital construction to give priority to the income in economy. 经济危机时期,搞一波应急还可以。经济危机结束后,搞基建还是要优先考虑经济上的收益。 Franz thinks saying: „ This is inevitable, our outstanding amounts are the world's fourth, truly should reduce part. 弗朗茨想了想说:“这是必然的,我们的债务总额已经是世界第四了,确实应该削减一部分。 Now the domestic important urban infrastructure construction, has been covered, in a short time does not have in a big way must the project, the infrastructure construction be able first to come to the end. 现在国内重要城镇基础设施建设,都已经被覆盖在内了,短期内没有大的必须工程,基础设施建设可以先告一段落。 In the next two or three years, the financial pressure of government is quite possibly big. Passed this time, large enterprise stockholder's rights that in our hands holds, should have the income. ” 未来两三年内,政府的财政压力可能比较大。过了这个时间,我们手中持有的大量企业股权,就应该产生收益了。” Said this saying time, Franz do not have the energy. Having the income is not false, what a pity a maximum fund, entered in the railway company, this investment cannot see the profit. 说这话的时候,弗朗茨自己都没有底气。产生收益是不假,可惜最大的一笔资金,进入了铁路公司中,这笔投资是看不到利润的。 Only if, he eases the policy now, allowing the railway company to give up some unpopular lines, only the railroad in run business lively area. 除非,他现在放宽政策,允许铁路公司放弃部分冷门线路,只经营商业繁华地区的铁路。 In the economy, does that is the maximum gain ; Politically, this is not competent. 经济上,这么做是收益最大的;政治上,这是万万不能干的。 Covers native each need the railroad the city, this not only for economic development, more to strengthen the central government's control to place. 将铁路覆盖到本土每一个需要的城市,这不仅仅是为了经济发展,更多是为了加强中央政府对地方的控制。 Under this background, Franz can only with the later period by the speculators of locking be said sorry. Develops for the country, the railway company must first do business at a loss the operation, in a short time is not for profit. 这种背景下,弗朗茨只能和后期被套牢的投机者们说对不起了。为了国家发展,铁路公司要先赔本经营,短期内不以赢利为目的。 If not tie up the railway project in the market fiery period government, is constructed the railroad by the capitalists freely, it is estimated that the lively area will present 35 railroad parallel, economically underdeveloped province railway rails will not have one. 如果不是在市场火热的时期政府捆绑铁路项目,由资本家们自由建设铁路,估计繁华地区会出现三五条铁路并行,经济落后的省份铁轨都不会有一根。 This point had been proven in UK , France, does not have the railroad of economic value, will not construct, but the economical lively area are also massive the building redundant project. 这一点在英法已经被证明了,没有经济价值的铁路,根本就不会修建,而经济繁华地区又大量重复建设。 If only then this pit, the issue is many enterprises that the government invests is the heavy industry even, is the investment of that huge investment and cyclical long and high return. 如果只有这一个坑就算了,问题是政府入股的很多企业都属于重工业,属于那种高投入、周期长、高回报的投资。 In a short time these enterprises must expand the production, to promote the technological innovation, basically cannot see to draw bonus, counted on that these investments will make up for the finance to be never. 短期内这些企业还要扩大生产、推动技术革新,基本上都看不到分红,指望这些投资弥补财政遥遥无期。 Naturally, from the beginning the Vienna government had not counted on, can yield the big income. 当然,从一开始维也纳政府都没有指望,能够从中获得多大的收益。 What are more is invests through the government, provides the fund of saving a life to the enterprise, preserves these core industries. 更多的还是通过政府入股,给企业提供救命的资金,保住这些核心产业。 This is equivalent to the present government the hard times, leaves behind the rich family property to the following government. This matter , can only happen in the political stability country. 这相当于现在的政府过苦日子,给后面的政府留下丰厚的家底。这种事情,也只能发生在政治稳定的国家。 If the government replaces the frequent country, did not give next to stay behind troublesome was good, but also wanted to give them to save the family property, had a dream! 要是政府更换频繁的国家,不给下一任留下麻烦就不错了,还想要给他们积攒家底,做梦吧！ This is also many national government debt more and more reasons, so long as in any case this did happily, behind who managed the life of successor? 这也是很多国家政府债务越来越多的原因,反正只要自己这一届干开心了,谁管后面继任者的死活？ Piles up one after another, to finally indebted, the government has to be influenced by financial group, spokesman who gradually degenerates into money. 一届一届堆积起来,到了最后债台高筑,政府不得不受财团的影响,逐渐沦为金钱的代言人。 Iron barrack, the soldier of running water. 铁打的营盘,流水的兵。 The monarchy country was different, the cabinet government will change, Franz this Emperor variable, even if must change successor that still his descendants. Naturally cannot permit some people for the present benefit, the sacrifice future development. 君主制国家就不一样了,内阁政府会发生变化,弗朗茨这个皇帝可变不了,就算要变继任者那也他的子孙。自然不会允许有人为了眼前利益,牺牲未来的发展。
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