Rajampet, predictably, had waved off the threat. It was only to be expected, he’d pointed out, and while it might be an inconvenience for the League, the impact on the Manties themselves would be even worse, given how huge a percentage of their total economy depended on servicing Solarian shipping needs. Besides, it would only be temporary — just until the SLN got around to pinning back the Manties’ ears and taking control of the wormhole network for itself.
Funny how the man in command of the navy responsible for protecting Solarian commerce can be so blasé about watching that commerce go right down the crapper, Kolokoltsov thought bitterly. I guess he doesn’t see what’s happening as the Navy’s fault. After all, no one’s actively raiding our shipping, now are they? Although exactly what else we should be calling what happened at Zunker eludes me.
The reports from Zunker and Nolan had arrived, almost simultaneously, over the weekend, and the newsies hadn’t yet picked up on them. That wasn’t going to last, though, and it was hard for Kolokoltsov to decide which incident would ultimately prove more infuriating to the Solarian public. The Zunker Terminus was officially the territory of a Manticoran ally, so closing it to Solarian traffic presented no gray areas. The Idahoans hadn’t signed the Shingaine Convention either, which meant were arguably within their rights under interstellar law to deny terminus access to anyone they chose. And they were also within their rights to request the Royal Manticoran Navy’s assistance in enforcing that decision. The fact that the local Manty commander had actually fired on Solarian battlecruisers showed just how far the Star Empire was prepared to escalate things, however, and the “insult” was going to arouse a passionate fury in at least some of the League’s citizens, especially those with whom Abruzzi’s propaganda had been most successful. Unfortunately, other members of that same citizenry were going to realize it wouldn’t have happened if that fool Floyd hadn’t pushed things. Even more unfortunately, some of them were going to figure out the Manty commander had deliberately not blown Admiral Pyun’s battlecruisers out of space. When they recognized the implications of that…
As far as public opinion was concerned, though, what had happened at Nolan might be even worse. Unlike Zunker, the Nolan Terminus was claimed by the Solarian League, not by the Manties or one of their allies. And when the terminus astro control staff — all of them Solarians — had refused transit to the Manticoran freighters queuing up to return home (he made a mental note to remind Abruzzi to play down any references to the Shingaine Convention when he spun that one), the Manty naval commander had marched them to their personal quarters almost literally at pulser point and put his own people aboard the command platforms. And then he’d offered to blow away the local Frontier Fleet detachment if it tried to intervene! Kolokoltsov could already hear how the ’faxes were going to play up that “blatant act of aggression” in Solarian space!
“How much of the League’s gross product are we talking about here, Omosupe?” Abruzzi asked, and Kolokoltsov felt a flicker of surprise as he realized he’d never asked the same question.
“Damned near twenty percent of our total gross product depends entirely on our interstellar commerce,” Quartermain said in a flat tone. “Another fifteen percent will, at the very least, be seriously impacted.”
“And,” Wodoslawski added grimly, “something Rajampet seems to have failed to keep in mind is that seventy percent of all federal revenue derives directly or indirectly from shipping duties and tariffs. The other thirty percent derives primarily from protectorate service fees.”
Which meant, as her listeners understood perfectly well, the tribute extracted from OFS’s empire of protectorate star systems. That particular revenue stream was scarcely what anyone might have called enormous compared to the League’s overall economy, but it was stupendous in absolute terms, and it belonged entirely to the League’s bureaucracies. That was one reason — indeed, the reason, really — Frontier Security had been allowed to build its empire in the first place. And, of course, it was also the primary reason nothing could be permitted to undermine the League’s grip on the protectorates, which had been the entire reason for the belligerent policy which had gotten them into this mess in the first place.
Unbelievable, Kolokoltsov thought for far from the first time. Unbelievable that the monumental stupidity of just two people could set something like this in motion!
Of course, a small corner of his brain reminded him, not even Josef Byng and Sandra Crandall could have brought the League to such a pass without the help of Kolokoltsov and his fellow Mandarins.
Damn it, now I’m starting to use the word! he thought disgustedly.
“So you’re telling us we’re in a position to lose up to thirty percent of the entire League’s gross product?!” Abruzzi asked incredulously.
“We’re telling you we’re already losing a big chunk of that thirty-five percent,” Quartermain replied. “Exactly how big a chunk we won’t know until the dust settles and we see how much damage the Manties have actually done us. But I don’t want anyone thinking that’s all that’s going to happen. There’ll be a ripple effect across our entire economy, one that’s going to lead to a significant drop in activity in almost every sector if it lasts more than a very short time. And, as Agatá’s just pointed out, even in a best case scenario, this is going to hammer federal revenues. Most of the system governments won’t be hurt all that badly at first, thank God, but if this goes on for two or three quarters, that’s going to change.”
“Shit,” Abruzzi muttered.
“There are a couple of brighter spots buried in all this,” Quartermain said after a moment. “As Rajampet’s pointed out often enough, what’s going to hurt us badly will hurt the Manties themselves worse. In a lot of ways, this really is a case of their having cut off their noses to spite their faces, as my momma used to say. And that’s just looking at the immediate economic and financial impact. If they throw us back on our own shipping resources, and if they close the wormholes so that we need more shipping than ever to meet our requirements, it’s got to lead to a huge upsurge in our own shipbuilding. Eventually, our merchant marine will have to expand to fill the vacuum, and once that happens, it’ll be difficult for Manticore to ever maneuver itself into a similar stranglehold position again.”
“Assuming there’s still a Manticore to do any maneuvering,” Wodoslawski added.
“Exactly,” Kolokoltsov said bleakly. He surveyed his colleagues’ faces for several moments, then sighed.
“Assuming Rajani’s strategy with Filareta works, all of this becomes a moot point. Assuming it doesn’t work, things are going to get a lot uglier before they get any better. In fact, my greatest concern right now is that if the Manties basically tell Filareta to pound sand — and, worse, if it turns out Rajani was wrong about their ability to make that stick — we’re going to find it difficult to revert to that ‘short of war’ diplomatic stance.”
Heads nodded in glum agreement, and Kolokoltsov castigated himself again for allowing Rajampet’s opportunism to seduce him into accepting the CNO’s strategy. He should have known better than to listen! Yet given what had happened to the Manties’ home system, the temptation to double down had been overwhelming. Surely their morale had to crack under the one-two punch of such a devastating assault and the realization that the League wasn’t going to back off! It had to be that way, didn’t it?