Chapter 977

Prime Minister Felix said, "As of now, the number of domestic bankrupt companies has reached 1876, and the number of unemployed people has exceeded 2.47 million, a record high.

Among them, the cotton textile industry suffered the most. A quarter of the textile mills went bankrupt, and more than half of the cotton textile mills announced production cuts, directly dropping production capacity by 37%.

Following closely behind is the shipbuilding industry. Affected by the decline in international trade, shipyards have almost no new orders in recent months. Even a large portion of the original orders have been affected by the economic crisis and announced default.

Steel … "

Bad news kept ringing in Franz's ears. This was the inevitable result of the economic crisis.

The market shrank during the Great Depression. In order to survive the crisis, companies reduced production capacity and layoffs, causing the market to shrink further, forming a vicious cycle.

It was very simple to solve the crisis. Either find a new market to transfer the crisis, or wait for the market to recover naturally.

The current situation was very obvious. All of Europe was implicated by Austria. There was no place to transfer the crisis, and they could only rely on the market to recover itself.

After the survival of the fittest, the outdated production capacity was eliminated. Most of the surviving companies had worked hard on management or technology. After every economic crisis, it was also a period of technological explosion.

Unlike in the past, after the outbreak of the economic crisis, the Government of Vienna did not increase investment in public facilities and increase employment. Instead, it allowed the market to adjust freely.

Franz asked, "How is the immigration work going?"

The crisis wasn't scary. What was scary was the unemployment caused by the crisis. The working class's ability to resist risks was seriously insufficient. It was okay to be unemployed for two or three months, but if there was no income for a year and a half, it would be a big problem.

The way to survive the crisis was very simple. Just emigrate. The colony was in a state of development and lacked a lot of labor.

Under normal circumstances, except for those who were restless and wanted to make a fortune, few people were willing to leave their homes to work in the colony.

To put it bluntly, the golden time to make a fortune in the colony had passed. With the continuous development, the conditions of the colony were getting better, but the opportunities to make a fortune were getting fewer and fewer.

Early immigrants, as long as they were willing to work hard and didn't die, they could basically make a fortune. Now, it could only be said that there were more opportunities than in China.

If one wanted to stand out, in addition to daring to fight, one must also have a flexible mind and a little bit of luck.

The temptation was reduced, and everyone's enthusiasm for immigration was also reduced. Even though Austria had begun the colonization strategy, after all, it was still a short time, and the infrastructure was still far from China.

Especially in the fields of transportation, health care, and education, the gap was huge. Especially in the fields of transportation, health care, and education, there was a huge gap.

It wasn't that Austria lacked doctors and teachers. The main reason was that these people could live well at home and had no motivation to go to the colonies.

In order to solve these problems, the government of Vienna even built schools in Africa to train doctors and teachers.

This wasn't something that could be seen in a short period of time. It would take time to accumulate. This was especially true when it came to nurturing doctors. According to Austria's current education system, there were no medical majors that took less than seven years. Nurturing a qualified doctor would take at least ten years.

It was not that Franz was demanding, but reality demanded it. It was not as of of Of Of Minister, but of Minister. medical as, it.

The Colonial Secretary, Stephen, replied, "As of now, the number of people who have signed up for immigration has exceeded the 1.2 million mark, and 680,000 have been settled.

The number of applicants continues to increase. According to the current economic situation in the country, the final number of immigrants may exceed three million. "

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In order to survive, it was not strange for them to sign up for immigration. In order to encourage people to migrate, the Government of Vienna had put a lot of effort into it.

Many colonial companies recruited immigrants in two ways. One was direct immigration, and the other was to work in Africa. Most people would choose the second option. Even if the Government of Vienna subsidized the resettlement fee, it would not shake people's determination.

Many people still fantasized about working hard in Africa for a few years, saving enough money, and returning to their hometown to buy a house.

Most people would choose the second option. Even if the Government of Vienna subsidized the resettlement fee, it would not shake people's determination. Many people still fantasized about working hard in Africa for a few years, saving enough money, and returning home to buy a house.

There was no other way. Income was the key. Africa lacked labor, and the treatment of ordinary workers was naturally higher than that of the natives.

After getting used to the high salary, if they went back to get a low salary, their standard of living would drop. Not many people could stand it.

In order to attract more people, the colonial government encouraged people to bring their families. Africa was no longer a barren land. Many people would move their families to the colonies for the convenience of living.

Franz nodded. "Continue to work hard on the immigration work. Now is the best opportunity. Once the economic crisis is over, it will not be easy to get so many immigrants in the future.

How is the situation abroad? How far has the Paris Conference gone? Is it possible for the countries to reach a consensus in the short term? "

"Yes, Your Majesty! The Department of Colonization has made a plan to absorb as many immigrants as possible during the economic crisis, "Stephen replied.

Foreign Minister Wesenberg said, "Your Majesty, the European countries are in deep economic trouble. Everyone's life is not good now.

However, the overall situation is still stable. The French have suppressed the Italian uprising, and Napoleon Iv has directly controlled Paris. The opposition wants to cause trouble, but they are unable to do so.

It is worth mentioning that the relationship between Prussia and Germany has deteriorated rapidly. Because of the Rhineland Uprising, the last layer of window paper that maintained the relationship between the two countries was pierced.

According to the agreement, when the Rhineland Uprising broke out, it was close to the handover date in the treaty. The German Confederation wanted to handover early, but the Government of Berlin refused.

In order to get more immigrants, the people of Prussia sent troops to suppress the uprising and forced a large number of people to leave.

From the information we received, the Government of Berlin has basically emptied the Rhineland area of the best. Engineers, scientists, doctors, teachers, and other talents were almost all taken away.

With the intervention of the European countries, the Government of Berlin has just completed the handover with the German Federal Empire, but the progress is very slow.

Based on preliminary estimates, the Government of Berlin may delay until after the New Year. Right now, they are still using the last bit of time to poach people. Perhaps when the German Federal Empire takes over, there will not be any local skilled workers.

Due to the economic crisis, the Paris Conference did not go smoothly. The minds of the various governments were not on the conference, and some even thought of passing the crisis on through the colonies.

In the fight for the colonies, no one is giving way. In addition, the British are deliberately stirring things up, as if they want to fish in troubled waters. This makes the future of the Paris Conference even more pessimistic. "

Franz nodded. The Kingdom of Prussia took away millions of immigrants from the Rhineland area. It would be strange if the German Federal Empire was happy.

This was all poaching people from the German Federal Empire. The most precious thing in the Rhineland area was not the mineral resources, but the high-quality talents. Both sides did not directly fight, which was already very restrained.

As for the hidden dangers that the British deliberately left among the various countries, this was all a familiar recipe and a familiar smell. If they did not do it, Franz would feel that there was a problem.

It was true that the Paris Peace Conference was held to mediate the conflicts between countries and reduce international conflicts, but from the British's point of view, the real purpose was to reduce the conflicts between themselves and other countries.

What did it have to do with them whether there would be conflicts between other colonial empires? Deliberately provoking the relationship between the various countries was completely John Bull's habit.

If the conflicts between the various countries in Europe disappeared, and everyone lived in peace and good neighborliness, would the Government of London still be able to sleep?