Chapter 777 The continuation of the double standard system

After listening to Jerome Bonaparte’s words, the Count of Argoux hesitated for a moment, then opened his mouth and replied to Jerome Bonaparte: “Your Majesty, I think that the French Empire should still maintain the re-standard system is the best policy. !”

“Tell me your reasons!” Jerome Bonaparte replied sullenly to Count Argoux.

“Your Majesty, in terms of gold reserves during my tenure as President of the Banque de France, there is a considerable gap between us and the Kingdom of Great Britain!

What’s more, our bank also reserves more than 2,000 tons of silver, and rashly changing the standard system may bring great trouble to the silver in our hands! ‘ explained the Count of Argoux to Jerome Bonaparte.

But what the Count of Argoux does not know is that the gold reserves of the Bank of France are no longer the 40 tons when he left (in 1855, the gold reserves of the Bank of France were 32.5 tons), but nearly 100 tons (to be precise is 101 tons) of gold.

Some of this gold came from the frenzied exchange of France during the war, and the other part came from the treasury of the Russian Empire.

It can be said that the gold reserves in the hands of the French Empire are now the largest in the whole of Europe. (Historically, Britain’s gold reserves have been reduced from 104 to 74 tons. During this period, due to the exchange of Jerome Bonaparte, Britain’s gold reserves will only be less than this value.)

“Monsieur Argoux!” Jerome Bonaparte asked Count Argoux with a smile, “How long have you not understood, the gold reserves of the Banque de France!”

Count Argu was stunned for a moment, and then answered cautiously, “Since I resigned from the position of president, I have never had a chance to learn about it!”

“Then let me tell you the current gold reserves!” Jerome Bonaparte informed the Count of Argoux about the current gold reserves of the Banque de France.

The count of Argoux had a surprised expression on his face. He couldn’t understand how the Banque de France managed to more than double the bank’s reserves in less than a year after he left the presidency.

“The current gold and silver reserves of the Banque de France are about 1:20,” Jerome Bonaparte responded to the Count of Argoux, “and according to my information in the United States of America, there may be a large silver mine!”

“Ah!” Count Argu had a shocked expression on his face.

Count Argoux did not believe the information in Jerome Bonaparte’s mouth, but Jerome Bonaparte’s previous actions made him have to believe these things.

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Because Jerome Bonaparte really has a gold mine in California!

“Don’t look at the ratio of gold to silver is still maintained at 1:15, once this silver mine is excavated, the price of silver in the international market will plummet like the previous gold price!

By that time, the exchange ratio of gold and silver will be far from this figure! “Jérôme Bonaparte replied solemnly to Count Argoux.

“Your Majesty, whose hands is that silver mine now!” Count Argoux asked Jerome Bonaparte in a hurried tone.

This news is simply too important for him!

“What? You want to kill someone!” Jerome Bonaparte asked Count Argoux half-jokingly.

“Your Majesty, I think this silver mine must be in our hands, otherwise it will cause a lot of conflict with the silver reserves in our hands!” Count Argoux bluntly said to Jerome Bonaparte .

“Don’t worry! The silver mine has now been blocked by my people! At least for a year or two, no rumors will leak out!” Jerome Bonaparte patted Count Argoux on the shoulder and said in relief.

Count Argu couldn’t help but breathe a sigh of relief. Now it seems that he must hurry up and convert all the silver stored in the bank into gold.

“Mr. Argoux, do you still think it is better for us to implement the double standard system than the gold standard?” Jerome Bonaparte asked Count Argoux again.

“Your Majesty, I still think that France still implements the re-standard system!” The Count of Argoux replied to Jerome Bonaparte again.

“Huh?” Jerome Bonaparte glanced curiously at Count Argoux, “Why?”

“If there is only one country in the currency union, France, then I will definitely recommend that France complete the transition from the double standard to the gold standard!” Count Argoux said eloquently, “But we are not the only countries in the currency union. Belgium, Switzerland, Sardinia, the Kingdom of the Netherlands and the Kingdom of Württemberg (after Jerome Bonaparte’s day-to-day persuasion, the Kingdom of Württemberg agreed to join the French currency union) still use the silver standard system, and maintaining the double standard system is beneficial to the Trade between the French Empire and them!”

“If the price of silver in the international market plummets, what are you going to do?” Jerome Bonaparte asked Count Argoux.

“Your Majesty! At that time, we can adjust the gold-to-silver ratio of silver coins, or stop the free minting of silver coins! In this way, France can still conduct trade with them!” The Count of Argoux responded to Jerome Bonaparte said a word.

“It sounds quite reasonable!” Jerome Bonaparte’s obsession with the gold standard gradually disappeared under the persuasion of Count Argoux.

In his mind, the priority of forming an international organization similar to the European Union is far greater than the transformation of France into a gold standard.

Count Argu smiled slightly, but did not speak.

“Just do as you said!” Jerome Bonaparte said again, “After you go back, prepare a little!

At the Monetary Union Congress in early September, you will be the representative of France! ”

“Yes!” Count Argu hurriedly replied.

Afterwards, the Count of Argoux was ordered to be expelled by Jerome Bonaparte.

…

A few days later, Jerome Bonaparte finally received the news that Queen Victoria and Prince Albert were coming.

When it rained that day, Jerome Bonaparte told General Wayan to block the Paris railway station until the arrival of Queen Victoria and his wife.

At the same time, Jérôme Bonaparte also summoned the senior official of the Seine, the Baron Haussmann, and the “hero” Marshal Perlisier in the Crimean War.

In an exchange with the Baron Haussmann, Jerome Bonaparte gave the Baron Haussmann an order to block the World’s Fair on the night after the arrival of Queen Victoria and his wife.

On the second day, the number of people at the World’s Fair will be strictly limited. In short, the personal safety of Queen Victoria and his wife must be guaranteed when they visit the World’s Fair.

“Your Majesty, why don’t we, Victoria, directly announce that the World’s Fair will be closed for one day!” Baron Ottoman put forward his own suggestion.

“What about the people at the World’s Fair? There can’t be only a few people in the entire Expo,” Jerome Bonaparte retorted to Baron Haussmann.

“Your Majesty, we can find someone to pretend to be a participant in the exposition! In this way, it can not only protect the safety of the Queen and his wife, but also make the exposition look less empty!” Baron Ottoman once again proposed a solution.

“This method…” Jerome Bonaparte pondered for a moment, and then said to Baron Haussmann: “This method is really good, but I don’t like it!

So do as I say! ”

“Yes! Your Majesty!” Baron Osman had no choice but to obey the wayward monarch in front of him.

After speaking with Baron Haussmann, Jerome Bonaparte turned his attention to Pelissier.

“Marshal Perissier, wait until the day Victoria and Albert arrive, you will come with me to meet them!” Jerome Bonaparte said to Perissier.

“It’s my honor!” Marshal Perlisier said respectfully to Jerome Bonaparte.

Time soon came to the arrival of Queen Victoria and his wife. At 10:00 noon on this day, Jerome Bonaparte, Augusta and Frederick and a group of entourages took a ride from the Tuin Leli Palace. The carriage set off and arrived at the railway station at 10:30 under the **** of dragoons~www.readmtl.com~ At this time, there was still half an hour before the arrival of the Victoria couple’s train. Since Augusta had been holding Fern in his arms. Redrich, Jerome Bonaparte let Augusta and Friedrich still sit in the carriage, and when the train arrives, he will send someone to inform them, and they will get off the carriage to greet them.

Half an hour later, along with a whistle sounded in the distance, Jerome Bonaparte immediately gave an order to Vaillant beside him, “Hurry up and call Augusta!”

After a while, Augusta appeared on the platform with Frederick in his arms.

The train carrying the Victoria couple also slowed down slowly and finally stopped in front of the platform.

Immediately afterwards, the Victoria couple got off the train, and there were several children who followed them off the train.

The eldest of them is about 10 years old, and the youngest is only 5 or 6 years old.

They are the children of Victoria and Albert.

“Welcome to France again, my friend!” Jerome Bonaparte stepped forward and gave Prince Albert a warm embrace.

“I’m really happy that my friend can come to greet him in person!” Albert also responded to Jerome Bonaparte with a smile.

“You are my best friend, why didn’t I come to greet you!” Jerome Bonaparte said to Albert, then he turned his attention to the biggest (boy) child beside Albert I couldn’t help but sighed, “This is Prince Edward, and he’s already so big!”

The person who was watched by Jerome Bonaparte was Albert’s eldest son, Edward VII, the future British monarch.

At this time, Edward VII was looking at Jerome Bonaparte with longing eyes.