Sergei Witte
- Created by: natalie197
- Created on: 21-04-14 14:18
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- Sergei Witte
- Wanted to modernise Russia, create a bigger middle class and utilise Russia's natural resources
- 1894- Established state liquor monopoly
- Created tax revenue for the govt
- 1897- Put the Rouble on the Gold Standard
- Other countries trusted Russia's currency and therefore were encouraged to lend loans
- Raised foreign confidence in Russia and negotiated a loan from France
- Very important as Russia needed loans to create capital and develop economically
- Played a major role in the contruction of the Trans-Siberian Railway
- Linked western Russia to Eastern Russia allowing transportation of goods and improved communication
- Although, peasants couldn't afford it and maybe would've been more beneficial joining up railways between smaller parts of the country
- Created opportunity to exploit natural resources
- August 1905- Negotiates successful peace with Japan
- St Petersburg 1890- 1 million people 1914- 2 million
- Showed Witte was achieving some modernisation
- Also a negative as living conditions worsened and there wasn't enough housing
- Working class increasing
- Witte focused on exploiting heavy industry
- Weak political base
- Even Nicholas II who appointed Witte became scared of what he was doing, too dynamic
- fear of westernisation
- feared he was becoming too powerful
- Even Nicholas II who appointed Witte became scared of what he was doing, too dynamic
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