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Apr 26, 2001
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What follows is the tale of the Order of the Black Hand, a secret society which rules England from behind the shadows. They exert a great deal of influence from behind the curtain of power. Especially in matters of finance.

October 2, 1420:

My Lords. I see that we have all assembled.

"A message from France! It reads of victory.

“King Harry’s armies have crushed France and her vassal lords. King Harry has made a beneficial peace--annexing the French vassal Orleans in a seperate peace, and accepting the provinces of Picardie and Champagne in return for our English blood. Suceess my Lords.

“Now there is the matter of the bill. While our victory has been great, the costs have been crippling. Our treasury is nearly empty.

“The cost of our armies alone will exhaust this amount within a month. On top of this we have only five years in which to pay the 200d war loan. This could ruin England!”

The young Earl of Kent, recently ordained into the Order of the Black Hand, rises to speak. “My Lord Marquis, congratulations on your promotion. I have a suggestion which may not only save our dear country from financial disaster, but also bring us a tidy profit.”

“Go on.”

“We can take the remaining money from the treasury and loan it to another nation. This interst income will not only cover all our interest payments on existing loans, but we will also have money to pay our armies and still make a tidy profit!”

The chamber is alive with talk. Could it work? Are the risks too great? No greater than bankruptcy and shame. The Order votes to persue this course.

“My fellow brothers of the shadow, it seems our novice may have an idea. We shall commit ourselves to this financial scheme and save England...if Portugal is able to repay the loan. Make it so....”
 
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unmerged(3408)

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Apr 26, 2001
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November 1, 1423

The Order of the Black Hand assembles.

“Brothers of the Hand, it would seem that our financial venture has indeed brought us great profit. Portugal has repaid the loan in full. The interest which we earned off of this investment has covered our own interest payments on war loans, kept our Armies in France well fed, and swelled the treasury. ”

“Yes what about our current debts," the chamber murmurs? "What about our outstanding loans for the last war? They do not come due for another 18 months. And we must still make the interest payments! We are still at risk of bankruptcy." All eyes fall upon the Earl of Kent. He rises.

“Yes, there are still 18 months until our first loan repayment comes due. I suggest that we invest a partial amount of our current treasury in new loans to Castile. Portugal, I fear, may not be able to carry the weight of new loans.

"As it stands, we are in a far less dangerous financial position than a mere 36 months ago. If we follow a course of financial restraint, maybe by temporarily cutting back on the funds to maintain our navies safely anchored at port, the residual loan income from Castile should just about cover our remaining interest payments.”

The chamber smiles with approval. This young Earl from Kent has a bright future in the Order of the Black Hand. They agree to the proposal and offer Castile a total of 147d. Castile gladly accepts at 5% interest--due in 36 months.

The Lords of the Order return to their mistresses and estates. That night, they dream of profits and a new war with France.

Poor France. Her vassals may soon be English.
 
Last edited:

Zagys

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Why would the AI accept a loan from you if they can borrow from the bank at a lower rate?
 

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mongols in pommern?
Apr 20, 2001
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Because it is at in a shorter time.
I am glad that you can make serious loans now and not only 10dinar loans
 

Deaghaidh

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5% is lower than the intrest rate from the 'bank' in my experience.
Plus, smaller denominations are easier to repay
 

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mongols in pommern?
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Originally posted by Deaghaidh
5% is lower than the intrest rate from the 'bank' in my experience.
Plus, smaller denominations are easier to repay

I think that the intrest is payed each month, and the laon from the bank is 2 years longer(if that havent changed)
 

Zagys

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Originally posted by Deaghaidh
5% is lower than the intrest rate from the 'bank' in my experience.

I'm not talking about the loan to Castile. Before Petrus edited his post, he said that the loan he made to Portugal was at twice the interest rate as the loan that he took from the 'bank' for himself.
 

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Jul 17, 2001
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Not to be picky, but wasn't the Black Hand a Serbian Nationalist organisation working to achieve a greater Serbia, and implicated in the 1914 assasination?
 

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your favourite future Dictator
Apr 10, 2001
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I tought so too, altough the AAR is cool anyway, how about a 'Blackadder'???
 

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your favourite future Dictator
Apr 10, 2001
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Who knows how the world is gonnna look like 500 years later??? Maybe Parma rules!!!! Yeah!!! Long live Farnese!!!!
 

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impatient compromiser
May 30, 2001
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Originally posted by Zagys


I'm not talking about the loan to Castile. Before Petrus edited his post, he said that the loan he made to Portugal was at twice the interest rate as the loan that he took from the 'bank' for himself.

He didn't take the loan to loan it himself, but probably to finance his war. He just loaned out what was left of it.
 

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Oct 23, 2000
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Also, the longer the loan runs, the more you pay in interest. Ergo: The short period of lending to portugal ends with portugal paying less interest to england than they would have "the bank".
 

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May 18, 2001
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Originally posted by emperor dennis
Who knows how the world is gonnna look like 500 years later??? Maybe Parma rules!!!! Yeah!!! Long live Farnese!!!!

Do you know of any good books about Farnese? I have never come across any. Most of what I know is from books I read about the armada, in the chapters where they discuss the army of Flanders. The man seems to have been pretty amazing!