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Chapter 958 Economic Level in 1910

What was His Majesty's plan? Li Fushou laughed and did not explain. Marshal Li Shuanzhu couldn't chase him and asked, so he could only leave the Daming Palace with doubts and return to the Duke's Mansion.

This matter is not because Li Fushou is keeping it a secret, but because he has no words in his horoscope. What should I say now?

After the North American War

In addition to the ten independent states in the United States, there are other territorial issues, including Cuba, Puerto Rico, overseas enclave Alaska, some Pacific Islands sovereignty, Panama Canal Project, etc., which are all unfinished in the peace treaty.

Of course, there are also regional issues in New Mexico.

Each of these is not a small problem, it is enough to trigger a war, and it is very difficult to retreat easily by the United States.

After the defeat, the United States recognized the independence of the states because it was an irreversible fact. In the face of the cruel reality of the country's destruction and family's destruction, it had to pinch its nose and admit it.

But it should be noted that the United States is not the corrupt and backward Austro-Hungarian Empire and the Qing Dynasty, and will not easily make concessions on major issues involving territorial sovereignty and strategic interests.

Each of the above problems is different, and it must be solved one by one in a targeted manner...

On the Panama Canal Issue

After the military occupation of the region, the Ocean Empire has taken over the interests of the US Canal Company and will complete the ownership handover through redemption. This work is already underway.

At the beginning, the United States obtained all the ownership and operation rights of the canal from the French for US$40 million. Now the Imperial Royal Fund will take the Panama Canal from the Americans for US$45 million and complete the subsequent excavation work.

Why obtain ownership and operation rights of the Panama Canal in the name of a private company?

In fact, there are precedents in the world today. The French originally obtained the rights and interests of the Panama Canal in the name of the French Canal Company, and this company is a private joint-stock company, which is responsible for its own profits and losses and operates independently.

This benefit is to reduce the international sensitivity of the canal issue, treat ships from all over the world openly and equally, and can pass as long as the fees are paid normally. There is no deliberate stigma.

Of course, total fairness is impossible.

As the war evolved to this point, the Americans had actually lost their significant influence on South America and lost control of Central America. Although they were reluctant, they still had to hand over the rights of the Panama Canal.

But it does not mean that the United States has made concessions on other issues.

For example, on the issue of Cuba, the Americans are determined to refuse to let go, and through international mediation, a new plan has been formed recently;

That is, the co-governance plan of various countries led by the United Kingdom and the Ocean Empire, with the United States, France, Germany, Italy, and Spain participating, supporting a local government that can represent the interests of all parties, and implementing international co-management of the Cuban issue.

In other words, everyone can interfere with the development of trade and infiltrate influence. However, they must abide by the rules of the game, cannot interfere with the local government's ability to make independent decisions, cannot implement exclusive discrimination policies, etc.

On the issue of Puerto Rico, the Ocean Empire and the United Kingdom chose to give in, acquiesce the United States' special interests in the region and recognize that it belongs to the sphere of influence of the United States.

On the issue of the Pacific Islands in the United States, the Ocean Empire is preparing to spend a sum of money, no more than US$20 million, to buy all of these islands, including Midway Island, Samoa Islands, etc.

This is one of the rights and interests of the winners, and the United States has to agree under strong pressure.

Alaska is now international trusteeship, and the final status has not been discussed yet. It is not a good time to solve the Alaska problem. We need to wait and talk about it later.

For example;

Because Japan and the United States have war breaking out in New Mexico, the United States urgently needs the Ocean Empire to stand by, so it must make major concessions on other important issues in exchange for tacit cooperation from the Ocean Empire.

This is the rights and interests of the world's great powers. You can take a lot of benefits by doing nothing.

After all, New Mexico is a native of North America, and it is much more important in the minds of Americans than Alaska. When it comes time to have to cut off one's arm, I believe that it will make a choice.

In Li Fushou's strategic planning, the key goals of strategic competition in the next few decades will be aimed at the United States, constantly weakening its regional and international influence, competing for the world market, limiting its political and military capabilities, and plundering its fortune are important strategic goals of the Ocean Empire.

The North American war has begun a good start, and we will continue to work hard in the future.

As of 1908

The United States' economic development has been progressing rapidly. Its economic takeoff began after the end of the Civil War and coincided with the arrival of the Second Industrial Revolution. In the 43 years from 1865 to 1908, the United States' industrial output value increased by eight times.

By 1894, the year of the Sino-Japanese War of 1894, the United States' manufacturing output value was twice that of Britain, and half of the total of European countries.

Since then, American industry has continued to develop rapidly. On the eve of the 1908 War, the total industrial output of the United States had accounted for more than one-third of the world, equivalent to the total of Britain, Germany, France and the foreign countries.

And this is exactly the confidence that President Theodore Roosevelt has launched a war. He saw the powerful lineup of 22 battleships in the US Navy fleet and the strength of 11 battleships in the Ocean Empire.

On paper, the United States has twice the absolute advantage.

The only thing President Theodore Roosevelt missed is combat effectiveness. The ability of senior commanders of the United States and the Navy to destroy the war has become an important factor influencing the outcome of the war.

The American Navy made the same major mistake as the Russians, that is, the trans-ocean expedition, gradually invested troops, and was swallowed by the Royal Navy of the Ocean Empire, which eventually led to the annihilation of the entire army.

When the Ocean Empire Expeditionary Force landed on the west coast, with the weak capabilities of the US Federal Army, it could not afford the command and dispatch capabilities of hundreds of thousands of large corps, let alone confronting the Imperial Expeditionary Force head-on, so it was defeated again and again, losing a lot.

During the entire war, the United States' strong economic and industrial capabilities were not reflected at all, and it was beaten and abandoned, and it was thrown away.

Therefore, the United States' strong war ability was not reflected at all, and it was slapped out of the fire. The loss of this war was very unfair.

In terms of all economic indicators of the United States before the war, they were among the forefront of the world.

In 1908, the United States' pig iron production was 26.46 million tons, steel production was 28.8 million tons, coal production was more than 420 million tons, and oil production was 200 million barrels, all ranking first in the world.

The above-mentioned production capacity suffered a heavy blow in the war. The output in 1910 was almost halfway through and even only one-third of the original oil output. Especially in terms of oil production, the Republic of California occupied 110 million barrels, accounting for more than half of the original oil production of the United States.

Coupled with the influence of the war, the United States' oil production in 1910 shrank sharply to 35 million barrels, only one-sixth of the pre-war period.

at the same time

The Royal Fund of the Ocean Empire invested heavily in steel and coal mine production, which led to a huge jump of 14 million tons of pig iron production, 20 million tons of steel production, and 140 million barrels of oil production, surpassing the United States in oil production to rank first in the world.

The Ocean Empire is the birthplace of the world's automobile industry. By 1908, the automobile production had risen to 570,000. In terms of car ownership, in 1908, the Ocean Empire had 1.19 million private cars and the United States had 660,000 private cars, while the United Kingdom and other major capitalist countries had only 320,000 private cars in total, which was not even one-third of the Ocean Empire.

It is precisely because of the rapid development of the automobile industry that the shipbuilding and equipment manufacturing industry are flying together. More than 80% of the steel industry output of the Ocean Empire is used for its own economic development, and its development momentum is stronger than that of Germany.

Objectively speaking, this is plundering the US's fortune.

Thousands of factories dismantled in the Great Lakes region enriched and improved the total of 41 major industrial categories of the Ocean Empire, and at the same time, the Northern Federation stood at a very high starting point, and the industrial products produced were continuously exported to the European market, filling the production gap in the Great Lakes region, and becoming its biggest competitor.

Next, in early 1911, the Ocean Empire Cabinet will hold a new election.

As a result, the royalist party, led by Zhang Li, the new leader of the Democratic League, has an advantage in the new election. If nothing unexpected happens, it will replace the current cabinet that has been in power for two terms and become a powerful arm for the imperial emperor Li Fushouxin.

All of this is under the control of Li Fushou.

Starting from 1911, due to the huge war compensation brought by the North American War, the treasury was flooding with unprecedented financial prosperity, the Ocean Empire will carry out the largest infrastructure project in history, covering urban construction, roads, railways, bridges, docks, dams, farmland water conservancy facilities, etc. The total investment is expected to reach 1.5 billion Jinyang for a period of 5 years.

at the same time

Large institutions led by Royal Fund will make large investments in the domestic industrial field, striving to increase the output of steel, coal, rubber, organic chemical and machinery industries by 2 to 3 times in 3 to 5 years to reach the world's leading level.

Large-scale investment in related fields will create millions of job opportunities, further enhance the Imperial Industrialization Index, strengthen industrial production capacity, and drive economic development to a new level.

From 1911 to 1916

These five years will become the golden period for the empire's large-scale construction construction. The huge war compensation received every year will be invested in infrastructure and quickly transformed into national strength, which will greatly strengthen the empire's strength to cope with the changes at the beginning of the century.

From the current perspective

The US industrial economy suffered severe damage in the war and could not return to pre-war levels in a short period of time. Due to heavy debts and dancing in shackles, we could only watch a large number of markets occupied by Ocean Empire enterprises.

Even though World War I broke out as scheduled, the United States had to watch a large number of orders flowing to the Ocean Empire due to its limitations in production capacity, losing the good situation of rapid economic recovery.
Chapter completed!
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