Chapter 1219 The Silver Bill
Alan Wilson, who was holding the draft reform of the British grain reserves, congratulated Aidan on his reelection and complimented him, “This draft reform is a stroke of genius. From the most optimistic point of view, the most ideal situation for the UK is to not have to pay any cost, and still make a big profit.”
As a permanent undersecretary, Alan Wilson does not have to be respectful to the minister, because his future is in the hands of the cabinet secretary, the minister can not do anything to him, of course, he and the minister’s cooperation is also quite good.
But to be the Secretary General of the Cabinet to face the Prime Minister is completely different, the Prime Minister has the power to change the Secretary General of the Cabinet.
Although generally not do so, the United Kingdom, after all, as the origin of case law, everything must pay attention to a precedent.
“This deal, for Britain, could promote dominance in the financial sector while solidifying the value of the pound.” It was a little late in the game, though, with Aidan not formally proposing reform of Britain’s grain reserve system until after the election.
But the result is good, in the face of two hundred and twenty tons of yellow King, Aiden can not be indifferent, after the matter is accomplished, Britain’s gold reserves will run to the six thousand tons mark.
This ratio has been very can, the United States of America’s gold reserves is in slow decline, the United States of America’s gold reserves of fourteen thousand tons, these gold support the Braxton forest system.
Of course Alan Wilson knew that if the Vietnam War broke out, 14,000 tons of gold would fall below 10,000 tons in three years, and then three years later in 1971, the U.S. gold reserves would fall to 8,000 tons, and then it was time for the U.S. to renege on its debt.
And Britain could be prepared for that, even if it couldn’t bring down the dollar, it could still make some profit.
But the Cabinet Secretary is not referring to the Soviet Union’s gold as a gain, the price of food will rise once there is a shortage of it.
The root cause was not the 10 million tons of grain purchased by the Soviet Union, but Aidan’s reform of the grain reserve. In other words, Britain would have done business with the Soviets by using the grain reserve reform to cover the move to purchase grain.
In that case, Britain would indeed have received two hundred and twenty tons of gold, but that would have been all.
But once this share of grain reserve reform was put into effect, the shortfall was not just ten million tons from the Soviets. Add to that Britain’s own shortfall of twenty-five percent, and the gap will reach twenty million tons.
At that time, the world food market will skyrocket, what happens if there is a ten percent shortfall in world food? The answer is not that ten percent of the population will starve to death, but that while these people starve to death, prices will rise to the psychological price of the remaining ninety percent of the burden.
If this consequence occurs, the grain hoarded by Britain will be worth a lot of money, and when the time comes to resell it, it will be able to make money once again.
As a British Prime Minister, Aidan certainly has seen Britain’s hard times in wartime, but to be honest, Britain’s hard times in wartime, and most of the countries in the world encountered hard times compared to, nothing counts.
If in the Bengal famine Aidan personally go to India, will know the food gap appeared ten percent will cause what the consequences, but unfortunately the prime minister did not have this experience, can not predict the United Kingdom is to do a business, will lead to what the consequences.
In nineteen sixty-three at this time, a certain big country to take care of themselves, the same with the big countries that have a voice. The Soviet Union had come to the door to ask for it, and apart from the United States, Australia and Canada were the only two Commonwealth countries that could take care of the ten-million-ton level of demand at once. But Allen Wilson certainly got down to it faster than the others.
The only remaining food-producing area is Argentina, there are three major black soil belts in the world, but there is actually another alienated black soil belt in the Argentine pampas grasslands, due to the fact that it is located in the subtropics of the southern hemisphere, there are no harsh and long winters.
Plants can’t rely on the cold to accumulate debris over the years after they die, and the hot and humid climate causes the soil to contain high levels of iron oxides, giving it a distinctly red color, so the soil here is actually less nutritious than the Black Earth Belt.
If Japan and South Korea are afraid of being blackmailed by the U.S. and Argentina is too far away, Southeast Asia could actually be part of the solution.
It’s not very optimistic, though, because one of the consequences of Malaya being a deep agricultural base for the presidentess is that it tosses the neighboring Southeast Asian countries around, much like normal competition in agriculture in the United States would bankrupt all the Mexican farmers.
In recent years, the Southeast Asian countries have been made by Malaya’s food dumping, and the area under food cultivation is declining.
In short, originally just selling 10 million tons of grain to the USSR might not have caused much of an impact, and then doubling it with Britain’s own grain reserve reforms could have caused, well, a negative result for the world at large.
News of Soviet Foreign Minister Gromyko’s state visit to Britain dominated the headlines.
In fact, it is hard to believe that Britain in this era would report with great enthusiasm the visit of the Soviet Foreign Minister.
In fact, the reason for this is quite simple: the Soviet Union was enough to get Britain, and the threat was a little more intuitive. After all, Soviet troops on the borders of the Bundesrepublik Deutschland were not so far out of reach.
Gromyko’s visit does not look like the purpose of the communiqué in the middle of the real purpose is to confirm that the United Kingdom has the ability to, and the Soviet Union to complete this transaction, and how to pay.
The London Stock Exchange is the gold trading center of Europe, and this was not the least bit difficult for Britain.
Probably never in his life, Aidan had never treated a Soviet so genuinely, expressing a friendship as hot as the sun, and in response to Gromyko’s misgivings, the Honorable British Prime Minister said he had no problem with it.
At this very moment, the white inhabitants of Southern Rhodesia, supported by the breadbasket of Africa, are responding to the call of the sovereign state, urging people to add to Britain’s vital interests.
Ian Smith, South Rhodesia’s finance minister, is a staunch advocate of the move, stating that he will spend his last pound and put out his last grain to fulfill the needs of the homeland.
It was almost a proper Imperial Loyalist style, and Ian Smith also spared no financial strain by using the Rhodesian budget to buy grain from among the black tribes, and was prepared to take out a loan from South Africa to do so.
Even the poorest patriot in the East End of London is not as patriotic as this South Rhodesian Finance Minister.
Ian Smith’s move made the only Rhodesian royal territory that retained the southern passage extremely surprised, and Grace wondered if he should not also show a little bit, or else it seems to be a little bit sorry for the certification of the royal territory.
Kuala Lumpur, the capital of the Malayan colony, High Commissioner Richard signs an executive order banning the export of wheat.
Canada and Australia, the representatives of the Mountbatten Group have negotiated the purchase price with the government. Both governments have no objection to this, blood is thicker than water, and are willing to help Britain through this difficult time.
Britain, which still maintains the world’s largest ocean-going fleet, received orders from the government in London to travel to the ports of Cape Town, Port Elizabeth, Singapore, Perth, and Montreal to transport the purchased grain back to the mainland.
“We can’t ignore the possibility of a series of reactions that could cause a bit of a food gap in the country, which in turn would lead to price increases. But I am sure that the four major grain merchants will not be unhappy about this, but will instead be very interested in talking to you, my dear.”
In the President’s office at Mountbatten House in Perth, Pamela held the telegram and read it word for word for her mother from London, “The Soviet Foreign Minister, Gromyko, has just left London, and the Prime Minister and the other party communicated very well, and the Soviet Foreign Minister very much recognizes, Britain’s unique position as a world power in today’s world.”
“Your husband, Alan Wilson in London on March 1 ……”
The old imperialism, at the tail end of the colonial era, is seizing the few opportunities it has to maximize its interests. There is no force that can stop Britain at this point, absolutely nothing ……
At this time the United States pay a little attention to the movements of the United Kingdom, even if it will not see anything, at least there will be some mental preparation.
Of course, this psychological preparation is not very likely, Britain wants to intentionally conceal the United States, it can be done, such as the Suez Canal War.
The reason why the United States did not pay attention to the movements of the United Kingdom is entirely because Kennedy was busy working on a thing in his opinion for the good of the U.S. From 1950 onwards, the U.S. trade deficit began to appear, and into the sixties trade deficits accounted for the majority of the year.
America’s gold reserves were in slow decline, and the Breston Woods system was bound to be unsustainable in the long run. At the Nassau Accord, Kennedy threatened Aiden with a huge gold reserve to beat the pound into worthlessness.
The result was that Aiden didn’t care about his threat, stating that the U.S. was a beneficiary of the Breston Woods system, and in doing so, the U.S. undoubtedly self-resolved its own hegemony, and that Kennedy had threatened a loneliness.
“Lyndon, in fact, silver as a reserve is just as capable of stabilizing the value of the dollar.” Kennedy, under the influence of the Democrat Silverites, finally spoke his mind on this day.
Kennedy did not know that someone dug out silver in Australia, but the United States itself is a silver-producing country, in fact, the world’s several silver-producing countries are in the Americas, with the United States now the national strength, the United States within the territory of the United States along with the Americas, silver, it is very easy to control the source, as a supplement to the Brexit forest system, the United States trade deficit brought about by the decline in gold reserves, I believe that it would be greatly alleviated.
“President, although the silver party has been an initiative for almost a hundred years, the value of silver is still not comparable to gold.” Upon hearing this, Lyndon Johnson expressed his pessimism, “Since it can’t be done there must be difficulties.”
“The difficulty is on Wall Street.” Kennedy laughed, “Don’t you think so? We can’t one-sidedly put all the costs of the Silver Act on the state and then watch vast quantities of silver lying quietly in the Treasury.”
Lyndon Johnson did not take Kennedy’s words, seemed to be thinking or thinking of something else, and finally nodded his head in an attitude that seemed noncommittal.