Chapter 657: Crisis at the Car Factory

Sure enough, when the enthusiasm brought by the infrastructure plan to the world gradually dissipated, the number of immigrants in the second week was greatly reduced, only less than 60,000.

Although this is still good news, after all, 60,000 people a week, at least 240,000 people a month, and the number of immigrants in a year even exceeded 2.5 million.

But the problem is that such immigration numbers are destined to decline. If the Australasian government does not take any action, the scale of immigrants attracted during this economic crisis will be about the same.

Population has always been the biggest disadvantage of Australasia. Arthur has always understood this truth, so it is impossible to miss the opportunity to increase the population.

The rapid reduction in the scale of immigration does not mean that Australasia's attractiveness to immigrants has decreased.

In fact, if there is a choice, I believe that most of the unemployed people in the United States and Europe are still willing to come to Australasia.

But the problem is that these people are unemployed, and their food and clothing are a problem. Naturally, it is impossible to pay a high boat fare to come to Australasia.

In other words, if you want to keep the number of immigrants at a high level, you must properly solve the problem of boat tickets for unemployed people from the United States and Europe to come to Australasia.

How to solve this problem? Actually, there are two solutions.

The first is to directly register the immigrant population through the diplomatic embassy, ​​and advance the boat tickets to these registered immigrants, so that they have money to buy boat tickets to come to Australasia.

But the problem is that this method cannot avoid people pretending to be immigrants, just to defraud the advance payment for buying boat tickets to buy food for themselves and their families.

Under normal circumstances, there are many people who do this, not to mention those who are about to starve to death because of unemployment.

Therefore, the first solution was quickly ruled out by Arthur, because this solution will cause the government to bear huge financial losses.

More importantly, doing so will ease the pressure of the US economic crisis, which Arthur does not want to see.

Another solution is that Australasia urgently increases the number of cruise ships between Australia and Europe and the United States, and can even let the immigrants ride for free and provide them with food and beverages on the way.

The advantage of doing this is that the money is spent directly on those who want to immigrate, and basically no one will pretend to be an immigrant.

After all, they are going to Australasia on the ship, whether they are willing or not, they have to save enough money to buy boat tickets before they can return home.

More importantly, the wage system in Australasia is basically linked to nationality, and only citizens of the country can enjoy the highest level of minimum wage.

Fake immigrants like them who are unwilling to join the Australasia nationality will not only be exploited and abandoned by those factories, but it is even more impossible to save enough income.

You must know that the Australasia labor law protects Australasia. For those who come to Australasia but are unwilling to join the Australasia nationality, although the labor law does not discriminate, those greedy capitalists can always find various ways to exploit these people.

In the end, the second method was quickly passed and successfully implemented in the Australasia embassies in various countries.

People who are willing to immigrate to Australasia can apply to the Australasia embassy. After passing the review, they can take a free ship and enjoy free meals to Australasia.

All this looks very beautiful, but the premise is that the people who enjoy these services must be real immigrants.

As for those who are unwilling to join Australasia, their fate after arriving in Australasia may be worse than serfs.

On August 20, 1926, with the implementation of the new immigration policy in Australasia, the number of immigrants received every day has increased significantly.

In famous ports such as Sydney and Melbourne, a large number of ships can be seen going back and forth between other countries and Australasia every day. All the ships transported are white Europeans and Americans who have to come to Australasia to seek opportunities because of unemployment.

With more than half of the government's affairs solved, Arthur then turned his attention to dealing with the royal consortium and other consortiums.

The risks faced by enterprises in economic crises are much greater than those faced by the government, and there is even a risk of bankruptcy if they are not handled carefully.

The good news is that because the domestic economic environment in Australasia is relatively stable, Arthur does not have to worry about problems with his several consortiums.

Losses are certain, but as long as they cater to national policies, bankruptcy is completely impossible according to the size of Arthur's several consortiums.

Moreover, Arthur currently has no less funds than the government, and several groups of the royal consortium are still relatively profitable.

It is not an exaggeration to say that the income that Benz Automobile Factory has brought to Arthur over the past 20 years alone has been enough to support all the consortiums through this economic crisis.

On August 22, Arthur met with Kent Butler and Ajedine Blank to inquire about the current situation of several consortiums.

"Your Majesty, fortunately with your announcement and guarantee, the Royal Consortium has not experienced a large-scale run on withdrawals. In the past month, only less than 1 million retail investors have withdrawn money, and the total withdrawal amount is less than 100 million Australian dollars, which is still within our acceptable range." Ajedine Blank reported with a smile.

As the most credible bank in Australasia and also the issuing bank of currency, the Royal Bank generally does not have to worry about the risk of bankruptcy.

At present, the total funds stored in the Royal Bank are more than 500 million Australian dollars, but only one-fifth has been withdrawn, which is nothing to the Royal Family Consortium.

Moreover, after those retail investors who withdrew money saw that the Australasian economy was not greatly affected, they would definitely make new deposits.

After all, it is difficult to start a business during an economic crisis. Apart from putting money in the bank, there seems to be no good option.

After all, there is interest when deposited in the bank, so holding it in your own hands has no benefit other than giving you more peace of mind.

The Royal Bank is a bank built in the name of the royal family, and its credibility is worth protecting. At least in Australasia, people still trust the Crown Bank.

"Pay close attention to the current situation of those small and medium-sized enterprises, and provide loan assistance to some special industries and enterprises with potential to ensure that the number of our bankrupt enterprises will not be too many during this economic crisis." Arthur nodded and ordered: "

Compared with the established powers, our foundation is still far behind. The bankruptcy of small and medium-sized enterprises is also an unbearable pain for us. This will greatly affect our development and destroy our economic and industrial scale. "

After all, Australasia's development is still too poor. After all, it has only been more than 20 years since the Principality of Australia.

On the other hand, a powerful power like the United States, which has already formed a climate, has bankrupted thousands of banks and tens of thousands of factories and enterprises during the economic crisis, but the country can still operate normally. This kind of background is something Arthur is very envious of.

If the same number of banks and companies in Australasia went bankrupt, they would even owe hundreds of banks.

Although the number of factories and enterprises is barely sufficient, a considerable part of Australasia is small-scale private workshops, which are completely inferior to the scale of the bankrupt small and medium-sized enterprises in the United States.

It can only be said that Australasia still has a long way to go in terms of the number of enterprises and banks. This cannot be made up for by short-term rapid development and can only be made up by long-term support.

The good news is that both Europe and the United States have lost a large number of businesses in this economic crisis.

This is equivalent to narrowing the gap between Australia and Europe and the United States. At least the economic and industrial scale of the United States is not so unattainable.

Even if Australasia can attract enough immigrants during this economic crisis, when the population increases to nearly 40 million, it will basically be able to secure its position as the third great power after Britain and the United States, and further enhance its own foundation.

"Yes, Your Majesty." Yajdine Blanc nodded respectfully to show that he understood.

"What's the current situation of other consortiums? They should all be in the red, right?" Arthur looked at Butler Kent and asked.

The royal consortium is the least to worry about. After all, the royal consortium is composed of the royal bank and the military industry, and each one's position is more stable than the last.

Needless to say, the Royal Bank is the enterprise least likely to go bankrupt in Arthur's hands. And those military industries are unlikely to face the risk of bankruptcy because of Arthur's presence.

After all, it can be seen from the fact that Australasia's warships are still under construction during the economic crisis that Arthur attaches great importance to the development of military power.

On the contrary, non-military enterprises such as machinery factories, automobile factories, engine factories, etc. are at greater risk in this economic crisis.

After all, whether it is a machinery factory or an automobile factory, it needs a large number of orders from the private sector to support itself.

Although the economic crisis has not greatly affected Australasia, people's daily lives will become more conservative, and the reduction of orders from machinery factories and automobile factories is also inevitable.

As for the engine factory, if there are no orders from the automobile factory and the machinery factory, they can't sell engines to the private sector alone!

Butler Kent nodded and responded: "Yes, Your Majesty. The Benz Automobile Factory is currently at a loss. 52% of car pre-orders have been canceled. Sales orders in the past month have dropped compared to a month ago. 77.1%.

However, the situation at the main factory is far not as bad as that at the branch factories. According to the news from other branch factories, our car sales in Germany, the UK and the United States have decreased by 67%, 53% and 82% respectively. There are a large number of unsalable cars. In the warehouse, each branch factory is constantly losing money.

If those unsalable cars cannot be sold, I am afraid that the combined losses of these branches will not be less than 5 million Australian dollars per month. "

The economic crisis is a fatal blow to the sales of automobile factories, because it is impossible for the civilian class to buy cars during the economic crisis, even those who still have a certain amount of funds.

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