Imperial Government of Russia 4% 1894 Gold Bond (Uncanceled)Inv# FB6194 Bond
The Russian Empire, also known as Imperial Russia, was an empire that extended across Eurasia from 1721, succeeding the Tsardom of Russia following the Treaty of Nystad that ended the Great Northern War. The rise of the Russian Empire coincided with the decline of neighboring rival powers: the Swedish Empire, Poland–Lithuania, Persia, the Ottoman Empire, and Qing China. The Empire lasted until the Republic was proclaimed by the Provisional Government that took power after the February Revolution of 1917. The third-largest empire in history, at one point stretching over three continents—Europe, Asia, and North America—the Russian Empire was surpassed in size only by the British and Mongol empires. With 125.6 million subjects according to the 1897 census, it had the third-largest population in the world at the time after Qing China and India. Like all empires, it featured great economic, ethnic, linguistic, and religious diversity. From the 10th through the 17th centuries, the land was ruled by a noble class, the boyars, above whom was a tsar, who later became an emperor. Tsar Ivan III (1462–1505) laid the groundwork for the empire that later emerged. He tripled the territory of his state, ended the dominance of the Golden Horde, renovated the Moscow Kremlin, and laid the foundations of the Russian state. The House of Romanov ruled the Russian Empire from its beginning in 1721 until 1762. Its matrilineal branch of patrilineal German descent, the House of Holstein-Gottorp-Romanov, ruled from 1762 until the end of the empire. At the beginning of the 19th century, the empire extended from the Arctic Ocean in the north to the Black Sea in the south, from the Baltic Sea on the west into Alaska and Northern California, in North America, on the east. By the end of the 19th century, it would acquire Central Asia and parts of Northeast Asia. Emperor Peter I (1682–1725) fought numerous wars and expanded an already vast empire into a major European power. He moved the capital from Moscow to the new model city of Saint Petersburg, which was largely built according to Western design. He led a cultural revolution that replaced some of the traditionalist and medieval social and political mores with a modern, scientific, Western-oriented, and rationalist system. Empress Catherine the Great (1762–1796) presided over a golden age; she expanded the state by conquest, colonization, and diplomacy, while continuing Peter I's policy of modernization along Western European lines. Emperor Alexander I (1801–1825) played a major role in defeating Napoleon's ambitions to control Europe, as well as constituting the Holy Alliance of conservative monarchies. Russia further expanded to the west, south, and east, becoming one of the most powerful European empires of the time. Its victories in the Russo-Turkish Wars were checked by defeat in the Crimean War (1853–1856), which led to a period of reform and intensified expansion in Central Asia. Emperor Alexander II (1855–1881) initiated numerous reforms, most dramatically the emancipation of all 23 million serfs in 1861. His policy in Eastern Europe officially involved the protection of Eastern Orthodox Christians within the Ottoman Empire. This was one factor leading to Russia's entry into World War I in 1914 on the side of the Allied Powers against the Central Powers. The Russian Empire functioned as an absolute monarchy on the ideological doctrine of Orthodoxy, Autocracy, and Nationality until the Revolution of 1905, when a nominal semi-constitutional monarchy was established. It functioned poorly during World War I, leading to the February Revolution and the abdication of Emperor Nicholas II, after which the monarchy was abolished. In the October Revolution, the Bolsheviks seized power, leading to the Russian Civil War. The Bolsheviks executed the imperial family in 1918 and established the Soviet Union in 1922 after emerging victorious from the civil war. Main articles: History of Russia, Territorial evolution of Russia, and Foreign policy of the Russian Empire Though the Empire was not officially proclaimed by Tsar then Emperor Peter I until after the Treaty of Nystad (1721), some historians argue that it originated when Ivan III of Russia conquered Veliky Novgorod in 1478. According to another point of view, the term Tsardom, which was used after the coronation of Ivan IV in 1547, was already a contemporary Russian word for empire. Much of Russia's expansion occurred in the 17th century, culminating in the first Russian colonization of the Pacific, the Russo-Polish War (1654–67), which led to the incorporation of left-bank Ukraine, and the Russian conquest of Siberia. Poland was partitioned by its three neighbours in the 1772–1815 era, with much of its land and population being taken under Russian rule. Most of the empire's growth in the 19th-century came from gaining territory in central and eastern Asia south of Siberia. By 1795, after the Partitions of Poland, Russia became the most populous state in Europe, ahead of France. Year Population of Russia (millions) Notes 1720 15.5 includes new Baltic & Polish territories 1795 37.6 includes part of Poland 1812 42.8 includes Finland 1816 73.0 includes Congress Poland, Bessarabia 1897 125.6 Russian Empire Census 1914 164.0 includes new Asian territories Peter I (1672–1725)—also referred to as Peter the Great—played a major role in introducing the European state system into the Russian Empire. While the empire's vast lands had a population of 14 million, grain yields trailed behind those in the West. Nearly the entire population was devoted to agriculture, with only a small percentage living in towns. The class of kholops, whose status was close to that of slaves, remained a major institution in Russia until 1723, when Peter converted household kholops into house serfs, thus counting them for poll taxation. Russian agricultural kholops had been formally converted into serfs earlier in 1679. They were largely tied to the land, in a feudal sense, until the late nineteenth century. Peter's first military efforts were directed against the Ottoman Turks. His attention then turned to the north. Russia lacked a secure northern seaport, except at Archangel on the White Sea, where the harbor was frozen for nine months a year. Access to the Baltic Sea was blocked by Sweden, whose territory enclosed it on three sides. Peter's ambitions for a "window to the sea" led him, in 1699, to make a secret alliance with Saxony, the Polish–Lithuanian Commonwealth, and Denmark against Sweden; they conducted the Great Northern War, which ended in 1721 when an exhausted Sweden asked for peace with Russia. As a result, Peter acquired four provinces situated south and east of the Gulf of Finland, securing access to the sea. There he built Russia's new capital, Saint Petersburg, on the Neva River, to replace Moscow, which had long been Russia's cultural center. This relocation expressed his intent to adopt European elements for his empire. Many of the government and other major buildings were designed under Italianate influence. In 1722, he turned his aspirations toward increasing Russian influence in the Caucasus and the Caspian Sea at the expense of the weakened Safavid Persians. He made Astrakhan the centre of military efforts against Persia, and waged the first full-scale war against them in 1722–23. Peter the Great temporarily annexed several areas of Iran to Russia, which after the death of Peter were returned in the 1732 Treaty of Resht and 1735 Treaty of Ganja as a deal to oppose the Ottomans. Peter reorganized his government based on the latest political models of the time, molding Russia into an absolutist state. He replaced the old boyar Duma (council of nobles) with a nine-member Senate, in effect a supreme council of state. The countryside was divided into new provinces and districts. Peter told the Senate that its mission was to collect taxes, and tax revenues tripled over the course of his reign. Meanwhile, all vestiges of local self-government were removed. Peter continued and intensified his predecessors' requirement of state service from all nobles, in the Table of Ranks. As part of Peter's reorganisation, he also enacted a church reform. The Russian Orthodox Church was partially incorporated into the country's administrative structure, in effect making it a tool of the state. Peter abolished the patriarchate and replaced it with a collective body, the Holy Synod, which was led by a government official. Peter died in 1725, leaving an unsettled succession. After a short reign by his widow, Catherine I, the crown passed to empress Anna. She slowed the reforms and led a successful war against the Ottoman Empire. This resulted in a significant weakening of the Crimean Khanate, an Ottoman vassal and long-term Russian adversary. The discontent over the dominant positions of Baltic Germans in Russian politics resulted in Peter I's daughter Elizabeth being put on the Russian throne. Elizabeth supported the arts, architecture, and the sciences (for example, the founding of Moscow University). But she did not carry out significant structural reforms. Her reign, which lasted nearly 20 years, is also known for Russia's involvement in the Seven Years' War, where it was successful militarily, but gained little politically. Catherine the Great was a German princess who married Peter III, the German heir to the Russian crown. After the death of Empress Elizabeth, Catherine came to power after she effected a coup d'état against her unpopular husband. She contributed to the resurgence of the Russian nobility that began after the death of Peter the Great, abolishing State service and granting them control of most state functions in the provinces. She also removed the tax on beards instituted by Peter the Great. Catherine extended Russian political control over the lands of the Polish–Lithuanian Commonwealth, supporting the Targowica Confederation. However, the cost of these campaigns further burdened the already oppressive social system, under which serfs were required to spend almost all of their time laboring on their owners' land. A major peasant uprising took place in 1773, after Catherine legalised the selling of serfs separate from land. Inspired by a Cossack named Yemelyan Pugachev and proclaiming "Hang all the landlords!", the rebels threatened to take Moscow before they were ruthlessly suppressed. Instead of imposing the traditional punishment of drawing and quartering, Catherine issued secret instructions that the executioners should execute death sentences quickly and with minimal suffering, as part of her effort to introduce compassion into the law. She furthered these efforts by ordering the public trial of Darya Nikolayevna Saltykova, a high-ranking nobleman, on charges of torturing and murdering serfs. Whilst these gestures garnered Catherine much positive attention from Europe during the Enlightenment, the specter of revolution and disorder continued to haunt her and her successors. Indeed, her son Paul introduced a number of increasingly erratic decrees in his short reign aimed directly against the spread of French culture in response to their revolution. In order to ensure the continued support of the nobility, which was essential to her reign, Catherine was obliged to strengthen their authority and power at the expense of the serfs and other lower classes. Nevertheless, Catherine realized that serfdom must eventually be ended, going so far in her Nakaz ("Instruction") to say that serfs were "just as good as we are" – a comment received with disgust by the nobility. Catherine advanced Russia's southern and western frontiers, successfully waging war against the Ottoman Empire for territory near the Black Sea, and incorporating territories of the Polish–Lithuanian Commonwealth during the Partitions of Poland, alongside Austria and Prussia. As part of the Treaty of Georgievsk, signed with the Georgian Kingdom of Kartli-Kakheti, and her own political aspirations, Catherine waged a new war against Persia in 1796 after they had invaded eastern Georgia. Upon achieving victory, she established Russian rule over it and expelled the newly established Persian garrisons in the Caucasus. By the time of her death in 1796, Catherine's expansionist policy had caused Russia to develop into a major European power. This trend continued with Alexander I's wresting of Finland from the weakened kingdom of Sweden in 1809, and of Bessarabia from the Principality of Moldavia, ceded by the Ottomans in 1812. Russia was in a continuous state of financial crisis. While revenue rose from 9 million rubles in 1724 to 40 million in 1794, expenses grew more rapidly, reaching 49 million in 1794. The budget allocated 46 percent to the military, 20 percent to government economic activities, 12 percent to administration, and nine percent for the Imperial Court in St. Petersburg. The deficit required borrowing, primarily from bankers in Amsterdam; five percent of the budget was allocated to debt payments. Paper money was issued to pay for expensive wars, thus causing inflation. As a result of its spending, Russia developed a large and well-equipped army, a very large and complex bureaucracy, and a court that rivaled those of Paris and London. But the government was living far beyond its means, and 18th-century Russia remained "a poor, backward, overwhelmingly agricultural, and illiterate country". In 1812, the French emperor Napoleon, following a dispute with Emperor Alexander I, launched an invasion of Russia. It was catastrophic for France, whose army was decimated during the Russian winter. Although Napoleon's Grande Armée reached Moscow, the Russians' scorched earth strategy prevented the invaders from living off the country. In the harsh and bitter winter, thousands of French troops were ambushed and killed by peasant guerrilla fighters. As Napoleon's forces retreated, Russian troops pursued them into Central and Western Europe and to the gates of Paris. After Russia and its allies defeated Napoleon, Alexander became known as the "saviour of Europe". He presided over the redrawing of the map of Europe at the Congress of Vienna (1815), which ultimately made Alexander the monarch of Congress Poland. The "Holy Alliance" was proclaimed, linking the monarchist great powers of Austria, Prussia, and Russia. Although the Russian Empire played a leading political role in the next century, thanks to its role in defeating Napoleonic France, its retention of serfdom precluded economic progress to any significant degree. As Western European economic growth accelerated during the Industrial Revolution, Russia began to lag ever farther behind, creating new weaknesses for the Empire seeking to play a role as a great power. Russia's status as a great power concealed the inefficiency of its government, the isolation of its people, and its economic and social backwardness. Following the defeat of Napoleon, Alexander I had been ready to discuss constitutional reforms, but though a few were introduced, no major changes were attempted. The liberal Alexander I was replaced by his younger brother Nicholas I (1825–1855), who at the beginning of his reign was confronted with an uprising. The background of this revolt lay in the Napoleonic Wars, when a number of well-educated Russian officers travelled in Europe in the course of military campaigns, where their exposure to the liberalism of Western Europe encouraged them to seek change on their return to autocratic Russia. The result was the Decembrist revolt (December 1825), which was the work of a small circle of liberal nobles and army officers who wanted to install Nicholas' brother Constantine as a constitutional monarch. The revolt was easily crushed, but it caused Nicholas to turn away from the modernization program begun by Peter the Great and champion the doctrine of Orthodoxy, Autocracy, and Nationality. In order to repress further revolts, censorship was intensified, including the constant surveillance of schools and universities. Textbooks were strictly regulated by the government. Police spies were planted everywhere. Would-be revolutionaries were sent off to Siberia – under Nicholas I hundreds of thousands were sent to katorga there. The retaliation for the revolt made "December Fourteenth" a day long remembered by later revolutionary movements. The question of Russia's direction had been gaining attention ever since Peter the Great's program of modernization. Some favored imitating Western Europe while others were against this and called for a return to the traditions of the past. The latter path was advocated by Slavophiles, who held the "decadent" West in contempt. The Slavophiles were opponents of bureaucracy, who preferred the collectivism of the medieval Russian obshchina or mir over the individualism of the West. More extreme social doctrines were elaborated by such Russian radicals on the left, such as Alexander Herzen, Mikhail Bakunin, and Peter Kropotkin. After Russian armies liberated the Eastern Georgian Kingdom (allied since the 1783 Treaty of Georgievsk) from the Qajar dynasty's occupation of 1802, during the Russo-Persian War (1804–13), they clashed with Persia over control and consolidation of Georgia, and also became involved in the Caucasian War against the Caucasian Imamate. At the conclusion of the war, Persia irrevocably ceded what is now Dagestan, eastern Georgia, and most of Azerbaijan to Russia, under the Treaty of Gulistan. Russia attempted to expand to the southwest, at the expense of the Ottoman Empire, using recently acquired Georgia at its base for its Caucasus and Anatolian front. The late 1820s were successful years militarily. Despite losing almost all recently consolidated territories in the first year of the Russo-Persian War of 1826–28, Russia managed to bring an end to the war with highly favourable terms granted by the Treaty of Turkmenchay, including the formal acquisition of what are now Armenia, Azerbaijan, and Iğdır Province. In the 1828–29 Russo-Turkish War, Russia invaded northeastern Anatolia and occupied the strategic Ottoman towns of Erzurum and Gümüşhane and, posing as protector and saviour of the Greek Orthodox population, received extensive support from the region's Pontic Greeks. Following a brief occupation, the Russian imperial army withdrew back into Georgia. Russian emperors quelled two uprisings in their newly acquired Polish territories: the November Uprising in 1830 and the January Uprising in 1863. In 1863, the Russian autocracy had given the Polish artisans and gentry reason to rebel, by assailing national core values of language, religion, and culture. France, Britain, and Austria tried to intervene in the crisis but were unable to do so. The Russian press and state propaganda used the Polish uprising to justify the need for unity in the Empire. The semi-autonomous polity of Congress Poland subsequently lost its distinctive political and judicial rights, with Russification being imposed on its schools and courts. However, Russification polices in Poland, Finland and among the Germans in the Baltics largely failed and only strengthened political opposition. In 1854–55, Russia fought Britain, France and Turkey in the Crimean War, which Russia lost. The war was fought primarily in the Crimean peninsula, and to a lesser extent in the Baltic during the related Åland War. Since playing a major role in the defeat of Napoleon, Russia had been regarded as militarily invincible, but against a coalition of the great powers of Europe, the reverses it suffered on land and sea exposed the weakness of Emperor Nicholas I's regime. When Emperor Alexander II ascended the throne in 1855, the desire for reform was widespread. A growing humanitarian movement attacked serfdom as inefficient. In 1859, there were more than 23 million serfs in usually poor living conditions. Alexander II decided to abolish serfdom from above, with ample provision for the landowners, rather than wait for it to be abolished from below by revolution. The Emancipation Reform of 1861, which freed the serfs, was the single most important event in 19th-century Russian history, and the beginning of the end of the landed aristocracy's monopoly on power. The 1860s saw further socio-economic reforms to clarify the position of the Russian government with regard to property rights. Emancipation brought a supply of free labour to the cities, stimulating industry; and the middle class grew in number and influence. However, instead of receiving their lands as a gift, the freed peasants had to pay a special lifetime tax to the government, which in turn paid the landlords a generous price for the land that they had lost. In numerous cases the peasants ended up with relatively small amounts of land. All the property turned over to the peasants was owned collectively by the mir, the village community, which divided the land among the peasants and supervised the various holdings. Although serfdom was abolished, since its abolition was achieved on terms unfavourable to the peasants, revolutionary tensions did not abate. Revolutionaries believed that the newly freed serfs were merely being sold into wage slavery in the onset of the industrial revolution, and that the urban bourgeoisie had effectively replaced the landowners. Alexander II obtained Outer Manchuria from the Qing China between 1858 and 1860 as the Amur Annexation, and sold the last territories of Russian America, Alaska, to the United States in 1867. In the late 1870s, Russia and the Ottoman Empire again clashed in the Balkans. From 1875 to 1877, the Balkan crisis intensified, with rebellions against Ottoman rule by various Slavic nationalities, which the Ottoman Turks had dominated since the 16th century. This was seen as a political risk in Russia, which similarly suppressed its Muslims in Central Asia and Caucasia. Russian nationalist opinion became a major domestic factor with its support for liberating Balkan Christians from Ottoman rule and making Bulgaria and Serbia independent. In early 1877, Russia intervened on behalf of Serbian and Russian volunteer forces, leading to the Russo-Turkish War (1877–78). Within one year, Russian troops were nearing Istanbul and the Ottomans surrendered. Russia's nationalist diplomats and generals persuaded Alexander II to force the Ottomans to sign the Treaty of San Stefano in March 1878, creating an enlarged, independent Bulgaria that stretched into the southwestern Balkans. When Britain threatened to declare war over the terms of the treaty, an exhausted Russia backed down. At the Congress of Berlin in July 1878, Russia agreed to the creation of a smaller Bulgaria, as an autonomous principality inside the Ottoman Empire. As a result, Pan-Slavists were left with a legacy of bitterness against Austria-Hungary and Germany for failing to back Russia. Disappointment at the results of the war stimulated revolutionary tensions, and helped Serbia, Romania, and Montenegro gain independence from, and strengthen themselves against, the Ottomans. Another significant result of the 1877–78 Russo-Turkish War in Russia's favour was the acquisition from the Ottomans of the provinces of Batum, Ardahan, and Kars in Transcaucasia, which were transformed into the militarily administered regions of Batum Oblast and Kars Oblast. To replace Muslim refugees who had fled across the new frontier into Ottoman territory, the Russian authorities settled large numbers of Christians from ethnically diverse communities in Kars Oblast, particularly Georgians, Caucasus Greeks, and Armenians, each of whom hoped to achieve protection and advance their own regional ambitions. In 1881, Alexander II was assassinated by the Narodnaya Volya, a Nihilist terrorist organization. The throne passed to Alexander III (1881–1894), a reactionary who revived the maxim of "Orthodoxy, Autocracy, and Nationality" of Nicholas I. A committed Slavophile, Alexander III believed that Russia could be saved from turmoil only by shutting itself off from the subversive influences of Western Europe. During his reign, Russia formed the Franco-Russian Alliance, to contain the growing power of Germany; completed the conquest of Central Asia; and demanded important territorial and commercial concessions from China. The emperor's most influential adviser was Konstantin Pobedonostsev, tutor to Alexander III and his son Nicholas, and procurator of the Holy Synod from 1880 to 1895. Pobedonostsev taught his imperial pupils to fear freedom of speech and the press, as well as dislike democracy, constitutions, and the parliamentary system. Under Pobedonostsev, revolutionaries were persecuted—by the imperial secret police, with thousands being exiled to Siberia—and a policy of Russification was carried out throughout the Empire. Russia had little difficulty expanding to the south, including conquering Turkestan, until Britain became alarmed when Russia threatened Afghanistan, with the implicit threat to India; and decades of diplomatic maneuvering resulted, called the Great Game. That rivalry between the two empires has been considered to have included far-flung territories such as Mongolia and Tibet. The maneuvering largely ended with the Anglo-Russian Convention of 1907. Expansion into the vast stretches of Siberia was slow and expensive, but finally became possible with the building of the Trans-Siberian Railway, 1890 to 1904. This opened up East Asia; and Russian interests focused on Mongolia, Manchuria, and Korea. China was too weak to resist, and was pulled increasingly into the Russian sphere. Russia obtained treaty ports such as Dalian/Port Arthur. In 1900, the Russian Empire invaded Manchuria as part of the Eight-Nation Alliance's intervention against the Boxer Rebellion. Japan strongly opposed Russian expansion, and defeated Russia in the Russo-Japanese War of 1904–1905. Japan took over Korea, and Manchuria remained a contested area. Meanwhile, France, looking for allies against Germany after 1871, formed a military alliance in 1894, with large-scale loans to Russia, sales of arms, and warships, as well as diplomatic support. Once Afghanistan was informally partitioned in 1907, Britain, France, and Russia came increasingly close together in opposition to Germany and Austria. They formed the Triple Entente, which played a central role in the First World War. That war broke out when the Austro-Hungarian Empire, with strong German support, tried to suppress Serbian nationalism, with Russia supporting Serbia. The great powers mobilized, and Berlin decided to act before the others were ready to fight, first invading Belgium and France in the west, and then Russia in the east. In 1894, Alexander III was succeeded by his son, Nicholas II, who was committed to retaining the autocracy that his father had left him. Nicholas II proved ineffective as a ruler, and in the end his dynasty was overthrown by revolution. The Industrial Revolution began to show significant influence in Russia, but the country remained rural and poor. Economic conditions steadily improved after 1890, thanks to new crops such as sugar beets, and new access to railway transportation. Total grain production increased, as well as exports, even with rising domestic demand from population growth. As a result, there was a slow improvement in the living standards of Russian peasants in the Empire's last two decades before 1914. Recent research into the physical stature of Army recruits shows they were bigger and stronger. There were regional variations, with more poverty in the heavily populated central black earth region; and there were temporary downturns in 1891–93 and 1905–1908. On the political right, the reactionary elements of the aristocracy strongly favored the large landholders, who, however, were slowly selling their land to the peasants through the Peasants' Land Bank. The Octobrist party was a conservative force, with a base of landowners and businessmen. They accepted land reform but insisted that property owners be fully paid. They favored far-reaching reforms, and hoped the landlord class would fade away, while agreeing they should be paid for their land. Liberal elements among industrial capitalists and nobility, who believed in peaceful social reform and a constitutional monarchy, formed the Constitutional Democratic Party or Kadets. On the left, the Socialist Revolutionaries (SRs) and the Marxist Social Democrats wanted to expropriate the land, without payment, but debated whether to distribute the land among the peasants (the Narodnik solution), or to put it into collective local ownership. The Socialist Revolutionaries also differed from the Social Democrats in that the SRs believed a revolution must rely on urban workers, not the peasantry. In 1903, at the 2nd Congress of the Russian Social Democratic Labour Party, in London, the party split into two wings: the gradualist Mensheviks and the more radical Bolsheviks. The Mensheviks believed that the Russian working class was insufficiently developed and that socialism could be achieved only after a period of bourgeois democratic rule. They thus tended to ally themselves with the forces of bourgeois liberalism. The Bolsheviks, under Vladimir Lenin, supported the idea of forming a small elite of professional revolutionists, subject to strong party discipline, to act as the vanguard of the proletariat, in order to seize power by force. Defeat in the Russo-Japanese War (1904–1905) was a major blow to the tsarist regime and further increased the potential for unrest. In January 1905, an incident known as "Bloody Sunday" occurred when Father Georgy Gapon led an enormous crowd to the Winter Palace in Saint Petersburg to present a petition to the emperor. When the procession reached the palace, soldiers opened fire on the crowd, killing hundreds. The Russian masses were so furious over the massacre that a general strike was declared, which demanded a democratic republic. This marked the beginning of the Revolution of 1905. Soviets (councils of workers) appeared in most cities to direct revolutionary activity. Russia was paralyzed, and the government was desperate. In October 1905, Nicholas reluctantly issued the October Manifesto, which conceded the creation of a national Duma (legislature) to be called without delay. The right to vote was extended and no law was to become final without confirmation by the Duma. The moderate groups were satisfied, but the socialists rejected the concessions as insufficient and tried to organise new strikes. By the end of 1905, there was disunity among the reformers, and the emperor's position was strengthened for the time being. Emperor Nicholas II and his subjects entered World War I with patriotic enthusiasm, with the defense of Russia's fellow Orthodox Slavs, the Serbs, as the main battle cry. In August 1914, the Russian army invaded Germany's province of East Prussia and occupied a significant portion of Austrian-controlled Galicia and Lodomeria in support of the Serbs and their allies – the French and British. In September 1914, in order to relieve pressure on France, the Russians were forced to halt a successful offensive against Austria-Hungary in Galicia in order to attack German-held Silesia. Military reversals and shortages among the civilian population soon soured much of the population. German control of the Baltic Sea and German–Ottoman control of the Black Sea severed Russia from most of its foreign supplies and potential markets. By the middle of 1915, the impact of the war was demoralizing. Food and fuel were in short supply, casualties were increasing, and inflation was mounting. Strikes rose among low-paid factory workers, and there were reports that peasants, who wanted reforms of land ownership, were restless. The emperor eventually decided to take personal command of the army and moved to the front, leaving his wife, the Empress Alexandra, in charge in the capital. She fell under the spell of a monk, Grigori Rasputin (1869–1916). His assassination in late 1916 by a clique of nobles could not restore the emperor's lost prestige. The Tsarist system was overthrown in the February Revolution in 1917. The Bolsheviks declared "no annexations, no indemnities" and called on workers to accept their policies and demanded the end of the war. On 3 March 1917, a strike was organized at a factory in the capital, Petrograd; within a week nearly all the workers in the city were idle, and street fighting broke out. Rabinowitch argues that "[t]he February 1917 revolution ... grew out of prewar political and economic instability, technological backwardness, and fundamental social divisions, coupled with gross mismanagement of the war effort, continuing military defeats, domestic economic dislocation, and outrageous scandals surrounding the monarchy." Swain says, "The first government to be formed after the February Revolution of 1917 had, with one exception, been composed of liberals." On 2 March 1917, Nicholas II abdicated, and soon, in July 1918, the Romanov family was executed by the Bolsheviks.
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.