The Rise of Australia

Chapter 682: The Rich Take Care of Themselves, the Poor Help the World

The biggest change that 1927 brought to the country was the continuous growth of industrial jobs in Australasia, where thousands of companies relocated.

For the world that is suffering from the economic crisis, the change of jobs affects not only the number of companies and the economy, but also the continuous inflow and outflow of population.

The jobs in Australasia naturally attracted a large number of European and American people, which also made the population growth in 1927 extremely crazy.

Arthur thought that the net population growth of 2.71 million in the previous year was already quite crazy, but he didn't expect that the population growth figure last year exceeded 2.81 million.

What does this mean? The population growth figure of Australasia last year is equivalent to more than one-third of the population of the Netherlands.

If the economic crisis lasts for more than three years, then the net population growth figure in these three years alone may exceed the total population of the entire Netherlands.

However, the Netherlands is only a small country in Europe after all, so there is not much meaning in such a comparison.

But population growth is always good news. Two consecutive years of population explosion have brought the population of Australasia to more than 35.29 million, and it is already moving towards the 40 million mark.

However, a population of 35 million is still too small for a country at the level of a great power, and it cannot even sustain the consumption of several large-scale battles.

Arthur has personally experienced the cruelty of World War I and understands how serious the consumption of a war with millions of casualties in a large-scale battle is for a country.

35 million people seems to be a lot, but in World War I, only one or two battles were enough to cause serious damage to the country.

In addition, Australasia has a large land area, and in order to meet the initial population demand, it must be increased to at least 50 million.

It is worth mentioning that due to the large-scale economic crisis, the population of a considerable number of countries has not increased but decreased, and the population size is not even comparable to that of 1926 two years ago.

The current world population (great powers) ranking is as follows:

First place, Russia, with a total population of 1.4 billion.

Second place, the United States, with a total population of 1.1 billion.

Third place, island countries, with a total population of 60.77 million.

Fourth place, Germany, with a total population of 58.01 million.

Fifth place, the United Kingdom, with a total population of 45.02 million.

Sixth place, Italy, with a total population of 38.55 million.

Seventh place, France, with a total population of 37.67 million.

Eighth place, Australasia, with a total population of 35.29 million.

Logically speaking, two years have passed, and the population must increase anyway.

But in fact, according to this population ranking, it can be seen that there are many powers with negative net population growth in the past two years. The population of Russia, the United States, and Germany has declined instead of increased.

Even for island countries with a small population growth, such as the United Kingdom, Italy, and France, the scale of population growth is not large, and basically remains below 200,000.

Only Australasia has a net population growth of more than 5 million in the past two years, standing out among the powers.

From the population changes of various countries, we can also understand how the more than 5 million people in Australasia came. They are basically unemployed people attracted from other countries.

However, a considerable number of them were voluntarily sent to Australasia by other countries. After all, sometimes too many unemployed people are not a good thing, which will cause some unnecessary burdens on the stability of the country and the government's rule.

Britain is obviously one of the good people among these countries. Under normal circumstances, the net population growth of Britain in two years is at least about 1 million.

In addition to the population of various colonies going to the British mainland, the population growth rate can even be maintained at more than 1.5 million.

But in fact, the population growth of Britain is only about 200,000, and the rest all came to Australasia.

According to government statistics, among the more than 5 million immigrants in Australasia in the past two years, about one-third came from Britain.

In addition to British immigrants from other countries, especially the United States, the British population in Australasia has always been maintained at a reasonable proportion, which is why Arthur is not worried about the rapid population growth.

It can also be seen from this population ranking that Australasia is not far from the population size of France and Italy.

If the population growth of France and Italy continues to be sluggish, even within two years, Australasia will be able to surpass France and Italy in terms of population.

The country with the most serious population loss among the great powers is not Russia as everyone expected.

Russia has maintained a high population loss in recent years, which is something the Russian government cannot avoid at all.

After all, Russia's domestic economy has lagged far behind that of foreign countries, and coupled with the constant civil war, those who yearn for peace will naturally go far away.

But in 1927, a country's population loss exceeded that of Russia, and even a big news was born for this.

This country is the United States, a name that no one would have thought of before the data was released.

The net population loss of the United States in 1927 exceeded 700,000, and combined with the population loss in 1926, the population of the United States decreased by about 1 million two years later.

This data is similar to that in history. The United States was indeed a net outflow of population during the economic crisis.

After all, as the outbreak site of the world crisis, the United States suffered the most severe economic crisis among all countries in the world, and the suffering of Americans can be imagined.

This also made Arthur admire the patience of Americans, who could tolerate President Hoover, who had made no contribution, to build the Hoover Dam according to his own plan.

In Australasia, a project can be completed in one month from project establishment to approval and then to construction if everything goes well.

Especially for major projects related to national livelihood, no matter how large the scale is and how difficult it is to build, it is impossible to delay until half a year before starting construction.

But the Americans have been calling for the Hoover Dam from mid-1927 to now, and now it is 1928, and the Americans still have no intention of starting construction.

It can only be said that the good reputation really helped President Hoover. If President Coolidge was in the presidency now, I am afraid that the anger of the Americans would have spread to the White House and the assassination would have been launched long ago.

Arthur was willing to see the slow action of the Hoover administration. After all, the United States was Arthur's enemy. The more serious the economic crisis suffered by the United States, the better news it was for Australasia.

Americans can only blame the president they chose. In fact, the previous President Charles was indeed capable, but the American consortium would definitely not allow the birth of an unexpected president.

For Arthur, there was another big thing, that is, the depreciation of the British pound and the Australian dollar.

After more than half a year of development, the British pound and the Australian dollar have depreciated quite seriously, and their actual purchasing power is less than half of the original.

This also caused Australasia's GDP to fluctuate violently in 1927, reaching a level of 800 million that Arthur could not imagine before the depreciation of the Australian dollar.

The current currency ratio: 1 pound = 2 Australian dollars = 77 US dollars = 32 rupees = 177 francs = 1044 marks (approximate ratio, and it will fluctuate)

However, the current GDP can no longer be compared with other countries. After all, the currency ratios used by various countries are constantly fluctuating, and there is not much meaning in comparison.

The only currency that is still appreciating is the US dollar, which is why Americans have not officially abandoned the gold standard.

Under the premise that only the US dollar can be exchanged for gold, the appreciation of the US dollar has become inevitable.

However, countries around the world are abandoning the gold standard, and Americans cannot hold on for long.

After all, after the devaluation of currencies, it has become extremely difficult for the United States to export. Coupled with the high tariffs of various countries, the United States' exports are suffering huge losses every day.

Regardless of whether President Hoover has relevant policies or not, I believe that the American consortium will eventually be unable to sit still.

When the consortium officially intervenes in the government, the United States should be more chaotic than it is now, and it will be more likely to cause trouble.

What Arthur did not expect was that before the United States abandoned the gold standard as he expected, President Hoover had done several major things in the United States.

The first was the big move that President Hoover had released after half a year, which was the famous voluntary joint policy in history.

To put it bluntly, this policy was that the American people found that President Hoover still believed in the laissez-faire policy, and put pressure on President Hoover to make President Hoover issue a new policy.

But who is President Hoover? From the historical evaluation of President Hoover, he is a proud, arrogant, blindly confident person who always underestimates things and crises.

On December 31, 1927, President Hoover explained to all American people in a State of the Union address on the last day of the year: "The problem of economic depression can never be solved by legislative actions or administrative statements. Economic trauma can only be healed by the cells of economic entities-producers and consumers.

Everyone should try to help neighbors who are more unfortunate than him, every enterprise should help his employees, and every community and every state should take responsibility to organize employment and relief activities.

The best contribution that the government can make is to encourage local mutual cooperation. Governments at all levels, federal, state, and county, should join the relief activities of each community and fulfill their due responsibilities."

This is fair and square. President Hoover even set up an unemployment relief bureau to help implement his policies and complete his plan to save the unemployed population in the United States.

But people who know the inside story sneered at this State of the Union address, because such policies and the so-called neighbor mutual assistance plan were proposed by the Morgan consortium.

As one of the largest financial groups in the United States, the fundamental reason why the Morgan Financial Group proposed the so-called Neighbor Mutual Aid Plan was to evade the responsibility of relief.

Because after implementing the so-called Neighbor Mutual Aid Plan, the Morgan Financial Group only needs to help the 40 or 50 unfortunate American families around the Morgan Building, and does not need to disperse the Morgan Financial Group's funds to various states in the United States.

What's funny is that President Hoover's plan did not take into account the actual capabilities of the American people and enterprises at all.

The huge Morgan Financial Group only needs to take care of the 40 or 50 American families around it, but some Americans who can only get work and income one or two days a week also need to have the responsibility to take care of the people in the civilian area where he lives who have no income.

It is obvious whether there is the influence of the financial group behind such a policy. In this way, President Hoover's plan not only did not reduce the pressure of the unemployed population in the United States, but made those financial groups that did not have a major crisis more relaxed, and had enough thoughts and time to squeeze the American civilians more severely.

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