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Chapter 7 Mediterranean Bank

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Although Desai was living in the Manresa Palace, enjoying the warmth of his family day and night, and most of the administrative and foreign affairs were handed over to the Prime Minister's Cabinet and the "Nine-Man Group" (the "Nine-Man Group" has been expanded to 13 people, but it still continues its original title), the implementation of judicial ownership by the Central Committee and the District Court at least on the surface, and parliaments at all levels have also obtained some legislative power and administrative supervision. However, in terms of the other three powers, the Regent Prince had no actual intention to let go. One of them is the absolute leadership of the army; the other is to continue to master the three major intelligence departments; the last is to strictly control the financial power.

Military power is the fundamental source of their strength for any ambitious dictator to ensure the stability of the country and the country. Therefore, from the beginning to the end, Desai did not relax its exclusive control over its troops, including commanding operations, mobilizing and deploying, promotion of positions, promotion of military ranks, awarding honors, establishing military academies, distributing military pay and welfare, etc.

Among the first 65 nobles enthroned by the United Kingdom of Catalonia, 32 were generals and officers. Most of them came from the earliest Desai regiments. Later Desai brigades and Desai divisions always followed the regents to fight, and were naturally loyal to his commander. On the other hand, due to his repeated victory in several wars and the generous war bonuses given to the officers and soldiers, he had a high reputation that no one could match between middle and lower-level officers and ordinary soldiers.

On the contrary, the long-standing financial difficulties of Paris and Madrid have led to the fact that other French troops stationed on the Iberian Peninsula, including Spanish mercenaries, from generals to soldiers, could only enjoy half a salary (including allowances and subsidies). Napoleon and Joseph would not give the remaining military pay and dividends at all, but could only showdowns on the people in the occupied areas.

As for the three major military and intelligence departments with the Military Intelligence Bureau, the Ministry of Military Police and the Ministry of Police as the core, they are also tightly held in the palm of Desai. Their existence not only engages in the collection and analysis of external intelligence, conducts espionage and counter-espionage operations, monitors domestic people, cabinet officials, and parliaments at all levels, but also openly and secretly assists the Regent in absolute control of the army.

Every Monday, Wednesday or Friday, General Shener, Director of the Military Intelligence Bureau, General Carls, Commander of the Gendarmerie, and Viscount Passel, Minister of Police, will take turns to the Palace of Manresa and personally report to Prince Desai and Mrs. Litisia, who is sitting beside him. If there is an emergency, they must strike the Regent's bedroom.

When Desai was circulating the idea of ​​governing the country to Litisia, he repeatedly emphasized the necessity of checks and balances of power. He said bluntly: "Don't make impossible promises to his subjects easily, nor do you trust their loyalty too much... In peacetime, it is crucial to maintain the balance of power between the army, the government, and the intelligence monitoring, and within the three."

"But what if our country is facing the threat of war?" Litisia asked further.

Desai patted the back of Litisia's hand and smiled without saying a word.

Power is like a scribble. Over time, it will make people addicted and unable to stop. Desai has a deep understanding of this. Therefore, even if he goes to Poland in the future, it will not mean that he will relax his control over the United Kingdom of Catalonia and allow this emerging Mediterranean country to break free from its "Five Fingers Mountain". Therefore, the checks and balances of power are not only aimed at outsiders, but in fact, the hostess of the Manresa Palace are also included. The key point is that Desai will use the Mediterranean Bank, which controls the lifeline of the country's economy.

After completing the economic war with the Rothschild family in Paris, the number of shares of the Regent in Mediterranean Commercial Bank surged from the original 20% to 39%, including the 9% secretly held by James. In addition, the 28% bank shares held by Desai, which was originally shared by the officers and soldiers of the Desai division, and the actual shareholding ratio of Andrew Desai has reached 67%, which is enough to make the Regent indisputable ownership of the Mediterranean Commercial Bank.

After two years of capital expansion, the current Mediterranean Bank, its full name is "Pan Mediterranean Commercial Investment Bank", has increased its actual value from the original 300 million new riyals to 3.5 billion new riyals. Its business covers all over Europe, North and South America, the Middle East, North and West Africa except Russia, with more than 5,000 employees.

During this period, in addition to the extremely successful business operations of the bank colleagues, the Regent also benefited from the construction of him without any room for him. During the Third Portuguese War alone, Desay received or plundered gold and silver from Paris, Madrid, Evora, and Lisbon, the British paid war compensation and political donations, the spoils deposited by the officers and soldiers in the war, etc., the total value of the various figures was as high as 1.5 billion new riyals, equivalent to 300 million francs.

As of early March 1811, the "Pan Mediterranean Commercial Investment Bank" has been in Catalonia, Spain, Portugal, France, Austria, Britain, Saxony, Warsaw Grand Duchy of Rhine, Switzerland, Prussia, Sweden, Denmark, the United States, Turkey, Persia, and its affiliated areas such as Cape Verde (Desay Territory), Egypt and Greece (Turkey vassal), Norway (Denmark vassal), Italy and the Netherlands (sequently included in the direct rule of France), Canada (UK)

More than 50 countries or regions including Barcelona, ​​Paris, Marseille, London, Manchester, Liverpool, Madrid, Lisbon, Vienna, Berlin, Dresden, Warsaw, Rome, Milan, Amsterdam, Copenhagen, Stockholm, New York, Istanbul, Cairo, Athens, etc., have expanded their businesses in various financial and financial derivatives.

In fact, the "Pan Mediterranean Commercial Investment Bank" is not a commercial bank in the pure sense. This private bank with absolute control in Desai still bears important responsibilities of the nature of the Central Bank of the United Kingdom of Catalonia, including agency of the treasury, issuing currencies and underwriting government bonds, manufacturing and issuing its own gold and silver currency, formulating, implementing and supervising various monetary policies, maintaining financial stability, and providing financial and its derivative services. However, in some matters, the Mediterranean Commercial Bank must also accept supervision and assistance from the Ministry of Police (domestic) and the Military Intelligence Agency (overseas).

So many years later, a British media described the Pan Mediterranean Commercial Investment Bank in its financial special issue as follows: "In Barcelona, ​​there is such a privately owned behemoth that occupies the national credibility and uses the military as a guarantee and uses the strong financial capital to control the political, military and economic life of the entire United Kingdom of Catalonia.

...According to endless statistics, its asset management companies directly or indirectly dominate more than 60% of the country's excellent assets. These include more than 80% of the textile factories and the most prosperous commercial streets in Barcelona, ​​70% of the overseas trade fleet, most railway and road transportation networks, the integrated steel smelting, machinery manufacturing and food processing groups in the Khruna region, the emerging arms group located in Zaragoza, and the military farms that control nearly half of the fertile land of the Ebro Plain and the Valencia Plain.

So every day, the chairman of the Barcelona Stock Exchange, Alfonso, rushed to the third floor of the bank building 200 meters away within the specified time. In front of the building, Alfonso had to bypass a bronze bull sculpture nearly 16 feet long and weigh more than 10,000 pounds, and personally visited the bank president Tiffany, just to listen to or give the so-called guiding opinions on the securities market.

Business owners and traders must unconditionally obey any orders from the bank, otherwise they will be cleared out by the asset specialist assigned by the bank; officers and soldiers must also defend the interests of the bank to the death, and their military pay and dividends are distributed by the various subsidiaries of the bank; even more so for the government, all kinds of construction funds, industrial and commercial taxes, customs duties, and the salaries of officials, etc. are all stored and must be stored in the Pan-Mediterranean Commercial Investment Bank account."

With such a large and extraordinary financial oligarch, Tiffany cannot serve as the position of the bank president alone for a long time, so as not to worry about being too big. Even if the board members conscientiously perform regular inspections of the bank's business development strategies and major policies and evaluate their duties of implementation, the Military Intelligence Bureau and the Ministry of Police also secretly supervise the bank president and senior management.

Tiffany performed quite wisely in this regard. At the beginning of the new year in 1811, he took the initiative to propose to Prince Desai to resign as president of his "Pan Mediterranean Commercial Investment Bank" for a full and specific reason: since he himself served as the Minister of Finance of the United Kingdom of Catalonia, he no longer had the time and energy to continue to serve as the helm of this financial structure.

In late January, after some detailed consideration, Desai finally accepted Tiffany's resignation submitted and asked his Chancellor to retain a supervisory seat on the bank's board of directors.

That night, when inviting Tiffany to have dinner, Desai sought the opinions of the former president of the bank to see who could take over Tiffany's position and serve as the executive officer of Pan-Mediterranean Commercial Investment Bank.

"Candiola!" Tiffany put down the knife and fork and gave the case in his heart without hesitation.

Desai was obviously not very satisfied with this candidate proposal. He frowned, said "Oh", then picked up the wine glass and quietly changed the topic of the two.

Tiffany couldn't help but sigh in his heart that since the Rothschild family participated in the equity dispute at the Mediterranean Bank, the regent's vigilance and prejudice against Jews, especially Jewish bankers, has never truly trusted Candiola, General Klee's father-in-law, and Prince Desay.

In fact, Desai did not reject Candiola's candidate as the president of the Mediterranean Bank. He was just waiting for the loyalty assessment report sent back from Paris by Pendua to Candiola.

It must be admitted that almost all Jews are born merchants and bankers. They are calculating carefully, actively engaged in capital operations, know how to avoid business risks, and obtain good rewards for investors. However, as the Chancellor expected, the monarch always maintained a high level of vigilance against the expansion of the power of the European Jewish consortium.

Candiola's personal ability is unquestionable. During his time in Paris, he not only successfully lobbyed many brokers, bankers, and investors to purchase the United Nations King of Catalonia construction bond volume underwritten by Mediterranean Bank, with an amount of up to 100 million francs. This made the Paris securities market, the second largest source of wealth for Mediterranean Bank after the London bond market.

What is more worth mentioning is that two weeks ago, Candiola also used various financial means to help the Mediterranean Bank secretly control a Swiss bank and a Swedish bank, and used these two neutral banks to develop banking business for the Russian Empire, filling a small regret in Desay and Tiffany's heart.

Due to the strong hostility of Russian Tsar Alexander I towards Desay (and vice versa), the Russian officials have long refused entry applications from the Pan-Mediterranean Commercial Investment Bank, and are not allowed to open permanent institutions in Russia, nor are they allowed to engage in various financial activities in Moscow and St. Petersburg.

In March, Major Penduwas sent someone to send the final results of the Jewish Candiola loyalty assessment report;

In April, Candiola, who received the transfer order, resigned from the position of chairman of the "Desay Foundation" and returned to Manresa from Paris to report his work;

In May, Candiola officially took over the position of president of Pan Mediterranean Commercial Investment Bank from Tiffany, the Minister of Finance and Property;

It was also on the same day that a Wang Family Asset Reserve Bureau, which performs various functions of the central bank, was established in a building near the Manresa Palace. A senior Swiss banker served as the chairman of the Asset Reserve Bureau, while the financial business of the Pan-Mediterranean Commercial Investment Bank gradually shrank and could not overlap with the functions of the Wang Family Asset Reserve Bureau in one year.

The only thing that has not changed is Desai's absolute control over the two banks.
Chapter completed!
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