The Rise Of Australasia-Chapter 1289 - 944 Island Nation Divided into Three_2

Chapter 1289: Chapter 944: Island Nation Divided into Three_2

Chapter 1289 -944: Island Nation Divided into Three_2

Jigen Jiro had effortlessly taken control of most regions in Hokkaido, instantly becoming the largest factional power within the Island Nation.

This was not the end, for Murakami Mian was not the only one with ambitions in the Island Nation.

In Shizuoka, west of Tokyo, lived the current Emperor’s own younger brother. After confirming that Tokyo had been completely destroyed and no member of the Royal Family had survived, his ambition became apparent.

According to the laws of succession, he was now the first in line to the throne.

Therefore, the Emperor’s younger brother openly declared in Shizuoka that he would succeed to the throne and become the new Emperor of the Island Nation.

Being close to Tokyo, this area also had a considerable military presence. The new Emperor’s brother successfully garnered the support of the Shizuoka garrison through his roles as the Minister of Defence and Secretary of Army.

While Jigen Jiro was declaring the establishment of the Island Nation Democratic Republic, the Emperor’s younger brother also declared his succession to the throne and denounced Jigen Jiro’s Democratic Republic as illegitimate.

This was not the limit of fragmentation within the Island Nation. On the Korean Peninsula, not far from the Native Land, Seoul, the colonial capital, had been bombed, making Pyongyang the second largest city on the peninsula.

After learning that the Island Nation’s Government and Emperor had perished in the bombing by Australasia, the local Korean Legion decided to break free from the Island Nation’s control and re-establish a state for Koreans.

On September 7, 1937, Thaddeus Rowley, a Korean officer within the Legion, successfully secured the support of the majority of Koreans and declared the reestablishment of the Great Korean Empire, announcing its full independence.

In less than one week, the Island Nation smoothly split into three factional powers. This also allowed Australasia to step up its campaign against the Island Nation.

From this moment, Australasia did not even need to deploy soldiers to combat the Island Nation. By investing a small amount of funds and weapons and equipment into the Island Nation’s three factional powers, they could determine the factional situation of the Island Nation.

On September 9, 1937, Jigen Jiro, representing the Island Nation Democratic Republic, declared surrender to Australasia and stated that the Islanders should not be wasted in this pointless war.

On September 10th, the newly established Great Korean Empire, while purging the Island Nation Army from its territory, sent officers to establish contact with Australasia.

On September 11th, Australasia invited the three factional powers of the Island Nation to the Ryukyu Islands for negotiations, aiming to end the war swiftly.

The invitation from Australasia received a positive response from the Democratic Republic. As for the remaining Great Korean Empire and the new Island Nation Emperor, they also had no choice but to agree to head to Ryukyu.

Amidst great anticipation from numerous media outlets, on September 15, 1937, the peace talks between Australasia and the three factional powers of the Island Nation officially began.

Because the true combatants were only Australasia and the Island Nation, this negotiation did not include the participation of Britain and France.

Britain and France naturally understood that the Pacific was Australasia’s stronghold; seeing that they were not invited to the negotiations, they naturally would not foolishly impose themselves.

On the morning of September 15th, the negotiations officially began.

Representing Australasia was Deputy Minister of Foreign Affairs, Craig Ferguson.

Right from the start, Minister Craig Ferguson laid out Australasia’s demands, which included land concessions, extensive compensation, and restrictive treaties.

Firstly, numerous territories of the Island Nation in the Pacific, such as Iwo Jima and Marcus Island among other islands and archipelagos, were to be ceded to Australasia.

Secondly, the Island Nation was to compensate Australasia with a total of 120 billion Australian Dollars for war damages, and an additional 30 billion Australian Dollars for post-war recovery, totaling 150 billion Australian Dollars, to be paid over 50 years. In the first 5 years, one-fifteenth of the total compensation, or 2 billion Australian Dollars annually, was to be paid. For the remaining 45 years, an annual payment of 3.1 billion Australian Dollars was required.

If there was any default on the payment, it would incur an interest of 15% on the overdue amount, with no cap.

This meant that any year the Island Nation defaulted on its payments, they would face a minimum interest of over 30 million Australian Dollars annually.

These two conditions shocked all three factional powers of the Island Nation. Even Jigen Jiro, who had been prepared, couldn’t help but worry about the future of the Island Nation.

However, it was clear that the Island Nation no longer had a choice. Especially after it had fractured into three separate factions, relations among them were not good, and one could hardly expect them to unite and resist Australasia.

In the end, the compensation was reduced to 12 billion Australian Dollars. Though it was 3 billion less, Australasia still received an average of 240 million Australian Dollars per year from it, which amounted to a substantial exploitation of the Island Nation.

It could be expected that before the Island Nation had paid off this debt of 12 billion Australian Dollars, its economy would be severely restricted, and regaining the power of leading nations would be impossible.

However, the good news was that since the Island Nation had split into three factions, this compensation of 12 billion Australian Dollars was divided into three parts.

Because the responsibility for the war differed, the share of compensation also varied. The least was required by the Great Korean Empire, which had once been a colony. They needed to pay only 2.5 billion Australian Dollars, roughly one fifth of the total compensation.

The most compensation was required from the government of the new Emperor, who claimed to be the successor of the Emperor and the original government. The burden of war responsibility naturally fell on them.

The government of the new Emperor had to bear 55% of the total compensation, amounting to about 6.6 billion Australian Dollars over a period of 50 years.

The Island Nation Democratic Republic established by Jigen Jiro only needed to compensate the remaining 2.9 billion Australian Dollars, which was relatively less compared to the Emperor’s government.

Moreover, it was crucial that all three factions could repay through equivalents in grain, weapons and equipment, industrial production lines, and mineral resources, not merely in Australian Dollars.

They could also offset their debts by selling domestic road toll rights, business licenses, and so forth.

Moreover, having 50 years to accumulate wealth meant that although 12 billion Australian Dollars was a large sum, it was not excessively demanding.

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This was a carefully calculated figure by Australia. Although the current population of the Island Nation had dropped below 70 million, it was definitely above 60 million.

Adding the population of the Korean Peninsula, the total population within the Island Nation was still nearly 100 million. For these nearly 100 million people, paying off 12 billion Australian Dollars in 50 years was not difficult and could even be managed with some squeezing.

But this was still not a small amount. Considering Australasia’s current annual income, this compensation was about 20 times their current annual income, which was sufficient for many undertakings.

The powerful Pacific Squadron, for instance, only had a few hundred million Australian Dollars invested by Australasia.

This meant that as long as the Island Nation’s factions paid their compensation on time each year, the financial budget of the Australasian Government could increase by more than 30%.

This was crucial for the economic development and industrial growth of Australasia. After all, the more investment, the faster the growth rate of various industries.

The end of the negotiations was about the restrictions on the Island Nation.

However, because the Island Nation had split into three countries, the situation regarding the restrictions became more complicated.

Among the three factions, the closest relationship with Australasia was with the Island Nation Democratic Republic established by Jigen Jiro.

Compared to the government established by the Emperor’s brother, this republic formed by peace advocates aligned more with the interests of Australasia.

However, Arthur was pleased to see the current civil war in the Island Nation.

Only when civil war erupted could the people of the Island Nation temporarily forget the harm caused by Australasia’s atomic bombs.

Once the civil war was over, the overall strength of the Island Nation would be weaker, and the people, fearful from the massive casualties of war, would shy away from conflict.

Thus, even if some Islanders still resented the damage caused by Australasia’s atomic bombs, they would have to accept the trend.

As for whether the civil war would cause massive casualties among the Islanders, that was not something Arthur and Australasia needed to consider.

Truthfully, with the Island Nation’s population still over 60 million, losing a few million was completely manageable.

And most of those currently engaged in the war were radical war advocates. It was certainly better for more of them to die, as this would facilitate further control of the Island Nation by Australasia.