Chapter 631: Smart People

  Chapter 618 – Smart People

The impact of the economic crisis was a few points greater than Franz had estimated. As a result of the butterfly effect, the total amount of industry in the world is now much higher than the same period in history, yet the market has not increased much.

With the outbreak of the economic crisis, these hidden crises were exposed. By the end of 1876, the economic crisis had crossed the ocean and spread to the American continent.

The first to suffer were not the capitalists of the North, but the farmers of the South.

The decline in textile production capacity was not only in Austria, but also in all European countries, which directly led to a decline in the market demand for cotton, and for the first time there was a massive sell-off of cotton in the South.

Seemingly ordinary events, the impact is far-reaching. The United States of America appeared to develop their own cotton textile industry calls, and some people began to take action.

In order to gain greater profits, farmers were no longer willing to be suppliers of raw materials and began to reach out to downstream industries.

Franz, who received the intelligence, just laughed it off. The development of industry in the Union States had little effect on Austria. In a sense, it was still positive.

It meant that the power gap between North and South would gradually narrow. You know, in order to balance the power gap between the north and south, in recent years the European countries have very tacitly restricted immigration to the north.

Even with all this pulling back, the balance has only been maintained, and the advantage of the northern government is still evident.

If it were not for the deterrence of Britain, France and Austria, so that the capitalists in the North did not dare to move, it is possible that the second Civil War has already begun.

Standing in Austria’s position, naturally, I hope that the southern government has a certain industrial strength, and can fight against the north, rather than simply rely on the European countries to pull the frame.

In case of a change of heart in Europe one day, there is no time to take care of the American continent, the southern government needs to have at least one battle.

Army fighting strength, Franz is not worried, it has been proved that the capitalists in the north can not beat the southern farmers, but now the war is spelled out in industry and organizational capacity.

One of the “industry” is a prerequisite, there is not enough industry, can not guarantee the supply of weapons and ammunition, organizational capacity is also impossible to talk about.

The development of industry by the southern government will inevitably affect the international market and add a competitor.

However, the first to suffer bad luck was the British, who made them the dominant player in the cotton textile industry?

The Vienna government had already bet on the second industrial revolution, and the core industry was being overloaded with new industries, and there was no fear of competition in this regard.

Not to mention the Americans, even Britain and France are behind in this regard. It is not the technology that lags behind, but in the training of talents that lags behind.

The same developed new technology, Austria can be put into industrial production in a few months, but Britain and France need two or three years of preparation.

In Austria just from the street to find a few people, all have the potential to become engineers, while in Britain and France this ratio is much lower.

The United States of America, not to mention their education system is even more backward. The most suitable development path for them now is to copy the European countries.

First rely on piracy, the number of industrial development up, and so on the development to a certain scale, and then quantitative change caused qualitative change, and gradually open the road of independent innovation.

This is also Austria’s initial road, only to catch up with the second industrial revolution, directly on the express train, saving a lot of time.

……

“Emigration” was a hot topic in 1876, with the government publicizing the benefits of emigration and the high wages on the African continent being exposed.

In the Vienna grocery store, the owner, Ralsf, is giving his men a piece of his mind.

“The African continent is not so nice, poisonous insects and beasts are frequent, and there are savage and cruel cannibal tribes, if you are not careful, you will be on the barbecue grill.

Don’t look at the wonderful propaganda in the newspaper, that’s just fooling you guys to go over there. If it were that easy to get rich, I would have emigrated.

……”

After a long speech, many people’s hearts to emigrate faded. It was clear to everyone that the African continent might not be as bad as the boss said, and it definitely couldn’t be called beautiful.

Even in the newspapers, no one said that the continent was wonderful. The emphasis is on “good salaries” and “opportunities”, and the “risks” are downplayed.

To this day, the death rate on the continent is still higher than on the mainland. Even the black factories on the mainland, which have dramatically increased the mortality rate, are not nearly as deadly as the diseases.

These figures are no secret and are reported in the newspapers. In order to reduce the mortality rate, the government has also issued the African Survival Handbook, which documents what to look for in life.

All this proves that the African continent is not a paradise, and that you must first survive if you want to get rich.

Seeing that everyone had faltered, Larsv nodded with satisfaction.

Vienna is not an industrial city, the impact of the economic crisis is small, in addition to the financial industry suffered a little impact, other industries have almost no change, the business of the grocery store is also not bad.

Unlike in the past, in the economic crisis can cut salaries, now Ralcev first want to think is to keep people.

The seemingly unskilled grocery store salesmen were also not capable of doing everything.

First, the memory has to be good. One must memorize the location of the goods so that one can find the customer’s goods in the shortest possible time.

Secondly, one must also have some cultural knowledge to be able to keep clear accounts.

Finally, one must also have a pair of keen eyes. To be able to catch out the thieves in this age of no surveillance.

Those with talent may be able to do the job in a few days’ work; those without talent will train for a few years or make frequent messes.

The main reason why most salesmen’s jobs are tenured is that there is a risk in replacing them. If they are replaced by incompetent people, or people with bad intentions, the boss will lose a lot of money.

While Larsv was gloating over his eloquence, a familiar voice rang out.

“Mr. Larsv, I’ve signed up for immigration.”

Larsv: “It’s okay Raine, you can still quit after signing up, immigration is all voluntary, it won’t be forced on you.”

After a few moments of effortless silence, Rayne bowed his head, “I’m sorry, Mr. Ralsf. Thank you for taking care of me, I still want to get out there.”

Mr. Ralcev was already furious, but in order to show his gentlemanly demeanor in front of everyone, he forcibly suppressed his anger: “You have to think about it, if you step out, it will be difficult to turn back.”

Rayne lowered his head, seemingly not daring to reply.

Looking at Rayne’s behavior, Ralcef knew that he had already made up his mind, sighed, and said with fake generosity, “That’s just it, since you’ve already made up your mind, then go out and make a break for it!

If you don’t do well outside, you can come back again, this is your second home. May God bless you!”

Looking at the crowd with a touched expression, the anger within Ralcef calmed down. Gone was a Raine, but the hearts of the people had been bought.

Unlike a factory where you could take a whip and force everyone to work, a grocery store couldn’t be managed that way, and if he lost people’s hearts and minds, any one of the clerks could cost him a lot of money.

There are countless lessons from the past, Ralstaff is to summarize the experience of other people’s failures, and then gradually develop and grow.

Now he has a total of five grocery stores in Vienna, able to function down, relying on will make a show. This is to buy people’s hearts, the lowest cost method.

The grocery store is just a small episode, from Vienna immigrants leave not many people. The largest number of immigrants is still the most industrially developed Bohemia, followed by Lombardy, Venetia, Bavaria and other regions.

The mainstay of emigration is now the unemployed workers, affected by the wave of unemployment, after which people could not find a new job, lost their source of income and had to go out to make a living.

The departure of unemployed workers is not taken seriously. For many people, they cannot wait for these people to disappear.

In every economy, unemployed workers are the most destabilizing factor. With fewer of them, social security is significantly better.

But it was different for the capitalists, many of whom were worried as they watched a large number of immigrants leave their homeland. If all the people left, where would they find cheap labor?

Originally, they were going to take advantage of the economic crisis to suppress the newly rising salaries, but now they only dare to think about it.

They are afraid that if they force them to do so, the whole factory will be empty. There is a lesson to be learned from the past, and similar news has been published in the newspapers.

For example: the Bavarian de Serendil machine factory, because of the labor conflict did not negotiate, and finally the workers left, emigrated, emigrated.

Newly recruited workers, because of technical incompetence, production out of the product defective rate is too high, resulting in the loss of market competitiveness of the product, the factory was forced to be closed.

There are many other similar death-defying maneuvers that have been published in the newspapers. There were even promises of increased treatment which were not honoured in the end, leading to another strike by the workers.

Bad influences existed, and good influences naturally existed as well. Affected by the increase in salaries, the domestic market, which should have shrunk during the economic crisis, has instead experienced a reverse growth.

Although some of the population was lost, the rest had increased purchasing power. The economic theory of cultivated markets, which first appeared in Austria, played no small role.

With the exception of some industries that relied heavily on exports, most of the companies that focused on the domestic market had begun to gradually emerge from the crisis by the end of 1876.

(End of chapter)