Arc 40War, Restoration, and Crisis
Spain and Japan fought over the Philippines while France descended into civil war and returned to monarchy under Carlos. The conflict’s end triggered an economic crash across Europe, leaving the Holy Roman Empire confronting financial instability as Spain and Japan continued their war.
- Little Monkey fled to the telegraph office as the Spanish fleet arrived at New Frankfurt Port, and Emperor Meiji ordered Japan’s officials to contain their anger at the Holy Roman Empire’s support for Spain.
- Britain secretly agreed to sell Japan warships and provide loans, while Walckenheim arranged Spanish fleet repairs and later negotiated with Chandler over access to the Philippine market and naval ports.
- The French refugee crisis worsened into rebellion, and Daniel’s revolutionary government rejected Russian intervention before executing Robert and tightening its control over the military.
- Spain and Japan fought costly naval battles, with both sides claiming victory as Franz judged Spain tactically successful but Japan strategically advantaged.
- Franz secured an agreement among the Bourbon, Orleans, and Bonaparte factions to restore the French monarchy, but a revolutionary purge and the resulting siege of Paris led to starvation and revolt.
- Carlos backed the Paris insurgents, Daniel’s regime fell, and Carlos entered Paris and was crowned king before beginning to restore order and production.
- After France’s civil war ended, military-industrial shares plunged and the financial crisis spread across Europe, while Franz resisted pressure to rescue markets and moved to protect the Empire’s sovereignty.
- Unemployment and bankruptcies spread as Ives failed to find local work, several Italian governments went bankrupt, and Spain relied on Holy Roman Empire support while fighting Japan in the Philippines.