The Uffizi Palace in autumn grew cooler day by day.

Pedestrians on the street took off their summer shirts and sandals, and put on the latest woolen cloth produced by the Holy See.

Although Molly's attack on Gravel Plains failed, they provided the mountains with a huge amount of wool inventory before the defeat.

Currently, the mountainous areas and the Holy See are working overtime, and it is estimated that the remaining wool will not be used up until the end of the year.

The maid's gaze returned from the window to the room. In the tea room, three important figures were gathered here.

Hohn, Martin, and Catherine sat upright behind the small table, seemingly drinking tea leisurely.

It's just that Martin rubbed his hands anxiously, Catherine also frowned, but Hohn was expressionlessly reading the newspaper.

Although His Majesty looks ordinary and even a bit rustic, the maid still felt a throbbing in her heart when she looked at his face.

This is the Pope... …

The maid fantasized again until the kettle on the honeycomb briquette stove beside her made a嘟嘟嘟 sound, and she came back to her senses.

Blushing, she hurried to the stove, picked up the kettle, and brewed tea for the few people.

Sitting upright behind the small table, Hohn focused his attention on scanning the newspaper in his hand.

"…In the Oranberg riots, hundreds of people were injured and killed. There were even children among the dead. It is rare for citizens and the army to fight each other…"

"…Such riots have erupted many times in the past two weeks. Citizens have suffered greatly, and this riot has exceeded the limit of what people can bear…"

"…Baron Raymond, as the rural治安官, even said that bandits are rampant, and it must be the remnants of the church who are causing trouble. He hopes that citizens, like him, will actively report…"

"…As the editor of the article, old Juan Carlos speaks fairly, His Excellency the Autocrat was defeated badly and found it difficult to pay all the bonds. It is normal for citizens to be angry…"

"…But old Juan Carlos has to nag a few words. No matter how angry you are, you shouldn't gather to fight, let alone attack our prosperous and innocent towns and town residents…"

"…Finally, old Juan Carlos calls on His Excellency the Autocrat and His Holiness the Archbishop to come up with a reasonable measure, both to quell public grievances and to ensure justice and fairness in the Thousand River Valley…"

Seeing the last period, Hohn's expression remained unchanged, but Martin opposite him could not sit still.

"Your Majesty, is Her Highness Molly too impatient?" Martin, who rushed from Kasha County, was restless, "The riots have spread to us."

Catherine took the hot black tea from the maid's hand and held it in her hand without drinking it: "Molly and Herman are both measured people, how could they do such a thing?"

"That's simple." Hohn folded the newspaper and put it aside, "Someone is overdoing it."

In the end, most of the people who bought bonds were people with a little money.

How could ordinary civilians have so much money to buy bonds?

So, the real buyers are those plains faction nobles who have lost the right to use their territory and only retain ownership and part of the tax revenue.

They need to use bonds to offset the devaluation of precious metal currencies.

However, Molly lost the battle, but only repaid the money to the mountain faction nobles and the mountain people.

Not to mention, the hatred and friction between mountain immigrants and locals.

According to Cheka's investigation, it seems that someone is deliberately provoking friction and riots.

After Molly left Hottam County, a large number of plains faction nobles were colluding with each other.

As news of Molly's loss of contact and defeat came, such collusion became more frequent.

There were already a large number of plains faction nobles in Molly's ruling team. This scene may be the result of political struggle.

It's just that if it is attributed to political struggle, don't they know that once Molly returns, everything they have done will be in vain?

I feel like something is wrong… …

Martin looked at Hohn, who was in deep thought, and couldn't help but interrupt and ask: "What does His Excellency the Autocrat think? How could he issue such an order? What does His Excellency the Acting Autocrat (Herman) think? He actually carried it out."

Catherine said: "There is nothing essentially wrong with this method. It is all about forcibly suppressing the opposition. It is simple, crude, but effective."

"You can analyze why from Molly's finances." Hohn had already analyzed and discussed it with the privy monks and Sisi and others.

The Thousand River Valley War lasted for two years and ended in March of the Imperial Calendar 1446.

Most of the remaining time in 1446 was used to clean up the remnants and reform the grassroots. Neither side had much income.

As for the money and property seized from the church and nobles, most of it was used to restore the economy and people's livelihood.

You must know that the damage to people's livelihood during the Thousand River Valley War was quite large.

It only took 9 months to restore 70% of the pre-war level, and the funds invested in completing the Baibu District were not small.

Hohn and Molly officially took charge in 1447.

According to Sisi and Hohn's calculations, Molly probably earned about 100,000 gold pounds in 1447.

This is the total amount. Specifically, Molly can probably call about 60,000 to 70,000 gold pounds.

During this period, Molly was also training a series of new troops such as the Iron Fist Regiment and the Mountain Knight Regiment, and also resettling mountain immigrants.

In short, 70,000 gold pounds was not enough, and Molly spent the 100,000 gold pounds she had accumulated from taking Summer Green City.

Of course, Hohn also has a lot of responsibility in this matter.

Most of the money-burning infrastructure projects were proposed by him. In this regard, he was a bit too radical.

Many of these constructions are future investments that will only be effective in ten, twenty, or even fifty years.

The most classic example is the town public education and compulsory education forcibly promoted by Hohn, which will only be effective at least twenty years later.

You can't always rely on bonds.

So, Molly didn't have much money to use in her hands.

The repayment of war bonds is actually to share a piece of the pie from Hohn's wool trade, that is, Molly sells wool to Hohn to make money.

Fortunately, the bonds have a two-year term and can be repaid next year from the national tax.

But the Rya people will invade next year, and it is time to spend money.

If it is postponed again, it will enter the war period, and the repayment will be far away. Who knows if Thousand River Valley can win?

Therefore, people who buy bonds would rather buy them back at an 80% discount or even half price than postpone them.

They are afraid that if the postponement is delayed, the bonds will become waste paper.

In the eyes of bond buyers, "postponement" and "non-repayment" are equal.

At this time, a sum of cash for urgent use must be invested to stabilize the situation and confidence first.

Molly's victory on the river is also a means of stabilizing the situation and confidence. It's just that it was not implemented well, but it had the opposite effect.

Hohn can squeeze out this money and borrow it in Langsand County.

But for war considerations, it is best to keep some unless absolutely necessary.

It would be even better if the French were willing to pay this money.

Speaking of the French, the French are here.

Just as Hohn was telling the two of them his analysis of the matter, the door was knocked open by the privy monk: "Your Majesty, Mr. Jiganon is here."

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