Chapter 449 Land Bonds(2/2)
Archduke Fierro took advantage of the situation and said.
The front line suffered a defeat, but the main force of the kingdom's army was not damaged, so strategic supplies were in short supply.
Make bricks without straw.
If we don't solve the existing gap in supplies, it will be the same no matter who we choose to command the army. In this case, why bother to offend others?
At least Hudson gave the royal family face and did not ask Marquis James to severely punish him. As for the charge of "losing the city and losing the land", that should have been shouldered by his coach.
Regarding these issues, how should we give an explanation to the foreign nobles in the future? This will be considered by the Ministry of Military Affairs.
As soon as he finished speaking, Marquis Delgado's face turned dark and he came over. He asked to replenish the strategic material gap, but it could be solved with just a few words. He also begged the Ministry of Finance to pay for it.
If such a big hole suddenly appears, what can you do to fill it?
"Bidong, too much material was lost that time. In a short period of time, it will be difficult to make up for the gap just by raising money from abroad.
The best option is to speed up self-financing of supplies while procuring strategic supplies from overseas.
At present, the kingdom is deeply in debt, and the debt owed by the Treasury to lords in various places has reached an extremely terrifying figure.
…”
The Minister of Finance came directly to cry out about poverty, which made everyone more and more depressed. Everyone knew that the kingdom was short of money, but there was no other way. The war was just for consumption!
"Raising" is easy to say, but the question is where to raise funds?
Whether it is necessary to raise taxes or not, the confinement period of noble lords everywhere is also difficult now.
As far as Hudson knows, there have been incidents in some areas where small nobles have gone bankrupt and large nobles have advanced taxes on their behalf.
If you don't go to the Red Gang, you owe the East such a huge favor, and you won't be able to live without being attached to a big noble in the future.
Everyone present has some sense of moral integrity. It is difficult for everyone to do anything that shakes the foundation of the kingdom.
"Your Majesty, the financial difficulties of the Kingdom are real. As a precautionary measure, we may issue bonds to meet our urgent needs.
The Kingdom already owes a large amount of debt, and people may not buy it if they simply issue bonds. Even if they can be sold, the high interest rates on the funds will weigh on the Kingdom.
It would be best if we could add a layer of security to the bonds. He suggested using the land where the Orc Steppe is located as security to issue land bonds.
1 acre of land is equivalent to 1 gold coin, so you can directly make a wrong bet. Just ask the kingdom to win the war, and everyone can hold bonds to exchange for land.
Regarding whether to enhance confidence, I ask Bidong to set an example and assure the outside world that land bonds will be paid first.
After the war, the nobility rewards were given, with priority given to protecting the fiefdoms of the small nobility, followed by the middle nobility, and then the large nobility and royal family.
If the harvested land is divided, then they people will not be divided.
Of course, if the kingdom is defeated, those land bonds will be directly voided!"
Hudson said in a non-astonishing tone.
Such rebellious remarks are simply a provocation to the aristocratic system. The royal family and the nobility have always taken the lion's share, so how could there be any reason to let the people from the east take the lead?
"Marshal, you can get a fief with a little money, which is simply an insult to the nobles!
them……"
Before the Foreign Secretary could finish what he said, Hudson interrupted: "If the Prime Minister has a better way, then even if he didn't say it.
If you can't think of a solution, then please keep your mouth shut. If you want to solve the problem now, don't discuss the pros and cons of the solution.
As for whether it would impact the aristocratic system, he thought that worry was unnecessary. There was no precedent for buying and selling fiefdoms in the mainland.
One gold coin per acre of land is indeed very cheap. But if the land is in the prairie and there is no strength, can it be developed?
If you ask for taxes after taking the land and ask for the inability to develop it, then it is not a wealth, but a burden."
When the hint reached that point, Qiu Fu responded very quickly, and everyone became famous in official circles.
It seems that anyone can buy land bonds, but those who have the money to buy them and the strength to develop them are none other than the great nobles outside the kingdom.
The meat is not in the pot after all, the only difference is that those who take the biggest share of the pie pay to support the war.
After figuring this out, everyone's anger was almost exhausted.
In the later stages of the orc invasions, the finances were on the verge of collapse, and vested interest groups inevitably sought to cut off their flesh.
The land bonds proposed by Hudson just give everyone another way to pay.
The order of distribution of spoils is placed at the beginning. It seems that the large noble group has paid a heavy price. But the distribution rights are in everyone's lap. No matter how big the loss is, how big can it be?
Showing that kind of gesture to the outside world can very well improve the morale of the army and calm the external grievances of the small and medium-sized nobles.
After a slight hesitation, and seeing no one protesting, Caesar IV slowly said: "Since everyone disagrees, let's try issuing a batch of land bonds first!"
Chapter completed!