Chereads / Life of Being a Crown Prince in France / Chapter 750 - Chapter 658: Gains and Losses

Chapter 750 - Chapter 658: Gains and Losses

Joseph could be sure that providing loans to Caribbean countries was a surefire win.

Just like the five million francs offered to the newly established Saint Domingue Republic, even without interest, they were unlikely to repay the money within ten years.

The government, comprised of Black and mixed-race individuals, had no experience in governance, and the Caribbean region lacked any industry; thus, these small island nations couldn't develop on their own.

Not to mention repaying the loans—considering themselves lucky if the national finances didn't collapse.

Therefore, the loan could only be repaid through methods like mortgaging plantations.

In this way, it seemed France had given up the colony of Saint Domingue, but after a roundabout process, the majority of the sugar industry there would still end up back in French hands.

This is the end of Part One, download Chereads app to continue:

DOWNLOAD APP FOR FREEVIEW OTHER BOOKS