King
Chapter 597 - 597 140 Righteous Kidnapping_3

597: Chapter 140: Righteous Kidnapping_3 597: Chapter 140: Righteous Kidnapping_3 If the interest rates of the bonds are too low, they won’t sell.

If the rates are too high, even the principal might not be secured, making them even less desirable.

Everyone now longs for the good old days when the Moxi people were peddling war bonds.

High returns were guaranteed, and their repayment capacity was secure.

Direct taxes were imposed for repayment, forcefully apportioned among the nobles within the country.

Such a method, however, is not feasible in the Alpha Kingdom.

The Moxi people could withstand this as they were at the brink of total ruin, and rejection would have meant complete destruction.

Even if it harmed their own interests, the nobles had no choice but to accept it begrudgingly.

Now, in the age of the counteroffensive, even if the Alpha Kingdom’s nobility has to end the war prematurely due to a lack of funds, they can accept it.

In such a context, you’d better not even think about exploiting them and bleeding them dry in the long term.

After all, if the war ends prematurely, it would be a collective disgrace for everyone.

If the Human Alliance can take that blow, so can the Alpha Kingdom.

“Alright, gentlemen.

We are all working for the dominance of the human race.

There’s no need to bicker over trivial matters.

Alpha Kingdom’s financial crisis and its inability to bear the high cost of war is a pressing issue that needs to be resolved.

But the war must continue.

All the races on the continent are watching us.

If we end with our heads hung low, how can the dominant status of the human race be consolidated?

As far as the war funding gap is concerned, the Alpha Kingdom has proposed three solutions, one of which is to auction off land in the Orc Prairie.

Don’t reject this idea just yet.

The natural conditions of the Orc Prairie are relatively good.

Once the threat of the Orcs is removed, it can still become fertile land.

Even if we don’t need this land, our younger generations will.

If we miss this opportunity, it will be hard to obtain such a large amount of high-quality land in the future,” Charles III enthusiastically advocated.

Unfortunately, the representatives present were all old foxes.

No matter how he tried to coax them, they remained unmoved.

No matter how valuable the potential development of the Orc Prairie is, right now, it is just a blank slate.

The amount of resources needed for development is unknown.

The only benefit would be about gaining locations to place a few younger family members, which would not essentially boost the whole family.

It was a painful lesson when the Alpha Kingdom previously fooled the nobles into heading north.

How many of them are left now?

Once bitten, twice shy.

Regrettably, everyone has learned their lesson and shown no interest in the pie in the sky.

Charles III couldn’t do anything about the cold reception.

Nobles not willing to invest heavily in the Orc Prairie is just as well because he himself is also unwilling to pump a lot of capital into the north.

The heavy investment and long return period is one issue, but his biggest concern is the problem of safety.

The Orcs are retreating and not really fighting against the allied forces.

Once the five royal clans of the Orcs successfully evacuate from the prairie, the difficulty of defeating them would multiply.

“This is a grave matter, and we can’t make a hasty decision.

Perhaps we should put it on hold and discuss it after the war.

For the problem of the war funding gap, the alliance can subsidize a portion, and the remaining funding gap can still be raised by the Alpha Kingdom.

We should all play our part and help to buy the war bonds they have issued.

If the interest rate has to be low, so be it, since we are all allies, right?

In matters concerning the human race’s dominance, we should not be counting these minor losses!” Count Joelchevich jumped in to mediate.

Even though he wished to see Charles III get served, he also knew that the current situation demanded putting the bigger picture first.

As the second-largest kingdom of the human race, Iberia also benefitted from the power structure of the continent.

Compared to its own specific interests, the petty conflicts with the Frank Kingdom were completely insignificant.

This near-mediocre solution, albeit unsatisfactory to all parties, was one they could reluctantly accept.

Except for a few impoverished victims of the war, the representatives of the major powers chose to accept it after a round of whispers and discussions.

Tens of millions of gold coins is an astronomical figure for any country.

But divided among hundreds of factions, the figure suddenly becomes manageable.

Especially when the money is only being lent out and can be recollected in the future.

The interest rate is merely so low, it’s almost ridiculous.

Indeed, the interest rate of Alpha Kingdom’s war bonds has been lowered yet again.

Just a few days ago it was 4% per annum, and by the time it was presented at the Alliance meeting, it had dropped to 1%.

A repayment period of twenty years together with an annual interest rate of 1%.

No wonder nobody was interested.

Perhaps feeling that he had lost face due to the pitifully low interest income, Charles III grandiosely announced:

“This is all for the dominance of the human race.

The 1.8 million war bonds that the Frank Kingdom intends to buy, we will not collect interest from them!”

The measly annual income of 18,000 gold coins, equivalent to the revenue of a prosperous baron’s territory, was simply not enough for Charles III.

He was able to gain a good reputation for a small expense and improve ties with the Alpha Kingdom while seeing it as a total win.

“If the Frank Kingdom is so generous, Iberia cannot lag behind.

Let’s also waive the interest on our 1.5 million bonds,” Count Joelchevich cheerfully said.

Not willing to lose face.

As the second-largest kingdom on the continent, Iberia has always been competitive with the Frank Kingdom and certainly didn’t want to lose in terms of momentum here.

The big shots have set a good example, and next, it’s time to test the relationships between the countries.

In a blink of an eye, several factions who have good relations with the Alpha Kingdom have indicated that they will give up their interest income.

Archbishop Montson, initially just an onlooker, suddenly noticed that the glances everyone cast at him were unusual and immediately realized that something was wrong.

“I’ve been tricked again!” Montson cursed Charles III and his entire family deep in his heart.

As a religious organization, the church should have taken the lead in such acts to boost reputation.

Unfortunately, the grudges with the Alpha Kingdom had clouded his judgement and made him miss the best opportunity.

Being upstaged by Charles III was one thing; being outplayed by various continental countries was another.

No matter what choice he makes now, it will invite criticism.

No wonder everyone was so cooperative.

Montson originally thought Alpha Kingdom had persuaded them, but it turned out they were going after the church.

By paying a small price of a few thousand gold coins to get an opportunity to undermine the influence of the church, no matter how you look at it, it’s a steal.