苍狼之灵

Chapter forty-eight: Overhead

This round, the old fox has won again. When it comes to passing the buck and arguing, who can compare to those old but not dead bastards in the aristocratic house? It may take several months for these bureaucrats to review the budget proposal, and it may be three years before the budget is truly implemented.

Feng Herr watched Gibson retreat in anger and said to the Grand Duke, "Your Highness, I am loyal and completely concerned for the safety of the Duchy. The Grand Duke of Brittany has ambitious ambitions and is constantly expanding his army. He has great ambitions, and I'm afraid our Norman Duke is his primary target. We cannot sit idly by

The Duke Norman was violent and politically incompetent, but he still cared about his own power and the security of his homeland. However, in matters of state affairs, he was often powerless. The Norman Grand Duke did not consider himself to have enough power to influence the entire House of Lords unless he launched a military purge. However, it was difficult to predict whether he would benefit or harm from using such extreme measures to cut his roots when the princes were watching and indulging.

He helplessly spread his hand and said, "Feng, I understand your loyalty, but we don't have any evidence to prove that Brittany is going to use troops against us, so the proposal for emergency funding for war will not be passed by the House of Lords. You know, the finances of the Norman Duchy have always been in the hands of the House of Lords, and even if I wanted to build a more luxurious grand mansion, they were rejected by them. Sometimes I have no choice

Feng Hel suddenly thought of a suggestion that the owner of the Deval goldsmith shop, Jedi, had repeatedly suggested to him. At this time, it might be better to bring it up. If the Norman Grand Duke could agree, they might bypass the House of Lords and obtain sufficient financial support from other sources.

The Duke of Norman, a hot tempered monarch, has always been subject to the control of the House of Lords. He also yearns to break free from this control and personally hold supreme power over the Duchy, perhaps convincing him.

At this point, Duke Norman said, "Duke, I do have a way to meet your immediate needs for war preparation. In the long run, I can even free you, the great Duke Norman, from the control of the House of Lords. At that time, no one will be able to come and point fingers at you

Norman's eyes flickered with a flash of light as he slowly sat back in his seat, holding his breath: 'General Hull, please sit down. I am very interested in this proposal and I need you to explain it to me in detail!'

The government and the Grand Duke's personal expenses all come from the taxes of the Duchy, which are formulated, collected, and paid by the House of Lords. Other areas such as national defense, diplomacy, and administration are all managed by the Grand Duke, but the question is what does not require money to do?

Therefore, the power of the Grand Duke was greatly restricted, and if he wanted to make money, he had to see the face of the House of Lords. And General von Herl suggested that the Grand Duke pay attention to the goldsmith banking industry, which is currently playing an increasingly important role in the economy of the Norman Duchy.

Now several large banks, led by Jedi Goldsmiths, have started their agency financing business. That is to say, some companies that are inconvenient to act on their own or have poor economic conditions and cannot obtain market recognition for issuing bonds on their own will be entrusted to Goldsmiths Bank for financing. These enterprises provide industry as collateral and banks issue financing bonds in their own name to alleviate their financial needs.

General von Herr's proposal was very sinister. The taxes of the Norman Duchy were still nominally fully owned by the Grand Duke, and the House of Lords was only serving as a vassal to formulate, collect, and manage for the Grand Duke. This system has a long history, and whether it is reasonable or not, most things with a long history have become a habit. Even powerful monarchs cannot change it in a short period of time, and the Grand Duke does not have the ability to dissolve the House of Lords or deprive the entire House of Lords of its management power.