African Entrepreneurship Chronicles
Chapter 78

Austro-Hungarian Empire

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May 29, 1867.

Austrian Emperor Franz Joseph and Deák finally reached a consensus. On May 29, 1867, they signed the "Austro-Hungarian Compromise," restoring the Hungarian Parliament.

From this day onward, the Austrian Empire had completely drawn its final curtain, and the empire's center of power was split in two.

The citizens within the country could only choose between Austrian and Hungarian citizenship. They could not hold both an Austrian Empire passport and a Kingdom of Hungary passport at the same time.

The foundation holding this country together was the Habsburg emperor, who concurrently served as king of both nations. This showed just how absurd and fragile the Austro-Hungarian Empire's political system was.

From now on, every decision made by the Austro-Hungarian Empire had to be negotiated between the Austrian and Hungarian governments. This marked the beginning of severe administrative infighting and internal waste.

Naturally, the Austro-Hungarian Empire held no ceremony at present. Everything was completed through silent agreements between the nobles of the two nations.

Ernst once again came to the Austro-Hungarian Empire. This time, he had been forced into action; after all, the great cause of immigration from Europe was at stake, and there could be no carelessness.

The new Hungarian government was about to part ways with the Austrian government, and Ernst's counterpart had changed from the Austrian government to the Hungarian government.

Now that Hungary had gained autonomy, Ernst needed to test whether this new government would cause trouble for his plans.

After several days of contact, Ernst discovered that the new Austro-Hungarian Empire was easier to deal with than the Austrian Empire had been.

As a genuine Prussian, Ernst was treated with exceptional courtesy by the Hungarian government, especially regarding immigration.

These people did not object. They even hoped to pursue some cooperation with Ernst.

That

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