The sudden economic crisis also hit the Austrian government. This is the first time they have experienced this thing, and no one has any experience.
It's just an ordinary economic crisis. The problem is the economic crisis caused by the industrial crisis. The traditional response plan is obviously out of date.
Government funding to save the world
This is obviously impossible. Metternich will only think about how to save these capitalists unless his brain is flooded.
Of course, there are still necessary measures. For example, due to the skyrocketing prices, the tariffs lowered by the government have returned to normal immediately.
However, the domestic crisis has not been resolved, and the capitalists and aristocrats who have hoarded a lot of materials have lost all their shorts this time.
Taking daily necessities as an example, the current retail price in Vienna is only 66% of the price in the first half of 1847, less than one-third of the retail price in December when prices were the highest.
The price drop is only one aspect. The most important thing is the decline in purchasing power. Even at the current price, the public has no money to buy it.
This is tragic.
Under normal circumstances, the wholesale price of daily necessities is 30 to 40% lower than the retail price. If the retail price falls, the capitalists will lose a lot of money and leave the market. Most people can bear this loss.
The problem now is that there is no market for the price, where a bunch of goods are piled up, but no buyer can be found.
Strong capitalists can still insist, but those with insufficient strength have broken the capital chain, owed the bank a lot of debt and ran away.
Austria's financial institutions were also hit hard as a result, the financial crisis broke out, and the vicious circle continued to ferment.
The era of the Great Depression has come, not only Austria, but the entire European continent, except Russia, no one can survive alone.
There is no doubt that the implementation of the "Labor Protection Law" issued by the Vienna government has been suspended, and there are no jobs. What treatment is there
The purpose of the bourgeoisie was achieved, the Vienna government did make concessions and the Labour Protection Act was suspended, but it was not what they wanted.
The sudden economic crisis has greatly damaged the vitality of the bourgeoisie. Because the market competition has become cruel, the internal contradictions of the capitalists are also intensifying.
Prime Minister Metternich became the biggest winner and the biggest loser. He successfully thwarted the conspiracy of the bourgeoisie, but unfortunately the mess after the victory had to be cleaned up by him.
Franz, the melon-eating crowd, was stunned. He did not expect that it would end like this in the end. The bourgeoisie, the aristocracy, and the government were all losers in this political struggle.
If there is a winner, Ferdinand I, who did nothing in the palace, is one of them, but unfortunately he can't feel it.
Next, the working class is divided into winners and losers. The economic crisis in Austria is worse than in history, and their life is more difficult. The only gain is a labor protection law that is not known when it will be implemented.
In short, the future is beautiful, the reality is cruel.
"Grand Duke, last night, a revolution broke out in Sicily!"
The intelligence chief, Tyron, hurried in and brought Franz this shocking news.
Franz was indeed stunned. Didn't the European Revolution of 1848 begin in France in February? How did a Sicilian revolution emerge
Well, Franz admits that his knowledge of Sicily is limited to the beautiful legends of Sicily, the land here is fertile, suitable for food production, and strategically located in the heart of the Mediterranean Sea.
Then there was no more. After careful recall, Franz recalled that the history book seemed to have raised a sentence. Before the outbreak of the February Revolution in France, the January Revolution broke out in Italy.
The original text was the January Revolution in Italy, which opened the prelude to the European Revolution in 1848. It was just mentioned in one stroke, without any superfluous explanation, and Franz did not pay attention to it.
This is a pit! Italy has not been unified yet, and the current Sicily is still an independent kingdom of Sicily, which has a hairy relationship with Italy
To this end, he also specially sent people to stare at the Kingdom of Sardinia. Who let them finally unify Italy
Franz recovered quickly, and he was not specializing in historical research. It was normal for him to be unfamiliar with small events that were not valued in history.
"Is this revolution on a large scale? Did it overthrow the Kingdom of Sicily?"
He could guess why the revolution broke out without asking him. The economic crisis broke out, and the people of the Kingdom of Sicily could not live any longer!
"Grand Duke, this is still unclear. We have too few intelligence personnel in the Kingdom of Sicily, so there is no way to find out the situation in such a short period of time!"
Tyron explained embarrassingly that it really wasn't that he didn't work hard, but that intelligence work couldn't be done overnight, and it was good to be able to receive news in such a short time.
In this era, wireless telegraphy had not yet been invented, and the wired telegraphy was only laid in big cities. What happened in Sicily could only be transmitted to Vienna after a series of transits.
If you wait for the news to spread naturally, it is likely that the news will be delayed by three or five days, or even a week or two.
"Well, then forget it, let's focus on Vienna, Milan, Venice and Budapest. The revolution in the Kingdom of Sicily may cause a chain reaction!" Franz thought for a while and said
He has already figured it out. He can't control the external affairs. Let's stabilize the country first. Forget the rest, at least he must receive news before the outbreak of the revolution. Be prepared, right
"Yes, Grand Duke!"
Seeing that Franz was not to blame, Tyron breathed a sigh of relief. The combat effectiveness of the intelligence organization has dropped a lot compared to the past, and he, the person in charge, also has an inescapable responsibility.
Well, he doesn't yet know how low Franz expects them. As the saying goes, cheap is not good, and good is not cheap.
In the intelligence organization, more than 95% of the personnel are voluntary labor, without a penny of remuneration, what else can Franz ask for
These are the achievements of the Habsburg family for many years. It is not a joke to conquer Europe with the lower body. The network of relationships has already spread all over the European continent.
Taking advantage of these relationships, it's okay to communicate with each other. Franz doesn't think he has such a strong domineering spirit if he wants to order others to do things.
As for Tyron, there is no doubt that it is a temporary substitute. When the intelligence organization built by Franz himself is completed, they will put it on the bright side to attract the attention of the outside world.
The Sicilian revolution broke out, and Franz began to prepare, but he did not dare to entrust his life to others.
Using this as an excuse, Franz conducted a reorganization of the Royal Guard, and reorganized the existence of the superfluous one separately.