And now, he’d be adding still more heavy weapons units to his regiment, swiped from Hlavacek’s Teutoberg Regiment. So what? Jeff saw nothing wrong with hauling coal to Newcastle, and Hlavacek would make up the loss soon enough through recruitment. Unlike most armies in the here and now, the USE army regularly met its payroll. There were always men willing to sign up, even leaving aside the ones—most of them, actually—who joined for ideological reasons.
Jeff didn’t have much sympathy for Hlavacek, anyway, since he didn’t like the sour Czech mercenary officer. Still, there was no percentage in rubbing salt into the wounds of another regiment.
So all he said was: “Okay.”
Chapter 2
“Run that by me again, Lieutenant.” Jeff Higgins shook his head. “I’m having some trouble with the logic involved.”
Captain David Bartley looked a bit lost, as he often did when other people couldn’t follow his financial reasoning. “Well…”
He sat up straighter on the stool in a corner of the Hangman Regiment’s HQ tent. “Let’s try it this way. The key to the whole thing is the new script. What I’m calling the divisional script.”
Higgins shook his head again. “Yeah, I got that. But that’s also right where my brain goes blank on account of my jaw hits the floor. If I’ve got this right, you are seriously proposing to issue currency in the name of the Third Division?”
“Exactly. We’ll probably need to come up with some sort of clever name for it, though. ‘Script’ sounds, well, like script.”
“Worthless paper, in other words,” provided Thorsten Engler. He, like Bartley and Colonel Higgins himself, was also sitting on a stool in the tent. The flying artillery captain was smiling. Unlike Jeff, he found Bartley’s unorthodox notions to be quite entertaining.
“Except it won’t be—which is why we shouldn’t call it ‘script.’ ”
“Why won’t it be worthless?” asked Major Reinhold Fruehauf. Unlike the others, he was standing. Slouched against one of the tent poles, more precisely. Fruehauf commanded the regiment’s 20th Battalion. Battalions were numbered on a divisional basis, with the 1st and 2nd battalions assigned to the division’s “senior” regiment, the Freiheit Regiment commanded by Colonel Albert Zingre. Jeff Higgins’ Hangman Regiment being the bastard tenth regiment of the division, its two battalions got the numbers nineteen and twenty.
Bartley squinted a little, as if puzzled by the question. “Why won’t it be worthless? Because…Well, because it’ll officially be worth something.”
The regiment’s other battalion commander cocked a skeptical eyebrow. “According to who, Captain? You? Or even the regiment itself?” Major Baldwin Eisenhauer had a truly magnificent sneer. “Ha! Try convincing a farmer of that!”
“He’s right, I’m afraid,” said Thorsten. His face had a sympathetic expression, though, instead of a sneer. Engler intended to become a psychologist after the war; Major Eisenhauer’s ambition was to found a brewery. Their personalities reflected the difference.
“I was once one myself,” Engler continued. “There is simply no way that a level-headed farmer is going to view your script—call it whatever you will—as anything other than the usual ‘promissory notes’ that foraging troops hand out when they aren’t just plundering openly. That is to say, not good for anything except wiping your ass.”
Bartley looked more lost than ever. “But—but— Of course it’ll be worth something. We’ll get it listed as one of the currencies traded on the Grantville and Magdeburg money exchanges. If Mike—uh, General Stearns—calls in some favors, he’ll even avoid having it discounted too much.” He squared his slender shoulders. “I remind all of you that they don’t call him the ‘Prince of Germany’ for no reason. I can pretty much guarantee that even without any special effort money printed and issued by Mike Stearns will trade at a better value than a lot of European currencies.”
Now, it was the turn of the other officers in the tent to look befuddled.
“Can he even do that?” asked Captain Theobold Auerbach. He was the commander of the artillery battery that had been transferred to Jeff’s unit from the Freiheit Regiment.
Bartley scratched his head. “Well…It’s kind of complicated, Theo. First, there’s no law on the books that prevents him from doing it.”
Auerbach frowned. “I thought the dollar—”
But David was already shaking his head. “No, that’s a common misconception. The dollar is issued by the USE and is recognized as its legal tender, sure enough. But no law has ever been passed that makes it the nation’s exclusive currency.”