African Nationhood

Tan Yaoxun returned, and Shi Jinyong looked at Sansa Bruce, "Minister Bruce, come and talk."

Sansa Bruce nodded to Chairman Stone and began to speak.

“Let me start by talking about our financial situation during the war.

In 1914, our army launched an attack on the German colonies in the Pacific. It was only a naval attack, and there were very few casualties. There were no new wars until the end of the year, and our financial balance was basically balanced.

In 1915, we went to war in Tanga, East Africa. The battle lasted for 5 months. Our fiscal year completely turned into a deficit, but the deficit was not large, with only an overspending of 10 billion yuan.

After all, countries such as Britain and France rushed over to place orders, which prevented our finances from completely collapsing.

In 1916, some more battles were fought in Tanga, East Africa, and blacks were frequently transported to Tanga, East Africa and the newly-revenue colonies. These costs were very high. Fortunately, some gold and gemstones from Tanga were recovered.

Our financial situation has not continued to deteriorate.

By 1917, when we launched an attack on Europe, our fiscal deficit seriously exceeded expenditure by 196 billion yuan.

In addition to having to bear the expenses of the expeditionary force, Britain, France and other countries began to use credit, which put great financial pressure on us.

The female immigrants brought back by the European Expeditionary Force in the Balkans cannot directly generate benefits.

They must pass a language barrier and receive vaccinations and physical conditioning.

Fortunately, the expeditionary force brought back some more property, which was able to offset some of the overspending.

In 1918, our fiscal deficit reached its extreme, reaching a record-breaking 769 billion yuan.

This year we opened several battlefields in East Africa and Europe. Credit accounts from Britain, France and other countries and early withdrawals of Watsons,
We had to withdraw gold from secret vaults to cope with the over-issuance of banknotes.

Our current domestic financial situation is very dangerous, with rising prices and signs of inflation already appearing.

Next, we need to submit a request to the Chairman for approval to issue long-term treasury bonds and raise interest rates at the same time. "

In order to attract the return of funds, banks raise interest rates as a normal means, and the issuance of long-term government bonds is also a common means to absorb excess currency.

The measures proposed by Sansa Bruce are all correct, and Shi Jintang will naturally support them.

"Okay, how many national bonds do you plan to issue?"

Sansa Bruce paused, "300 to 500 billion. The bonds this time are divided into ten and fifteen years, with expected interest rates of 2.65% and 2.80%."

After hearing the finance department's plan, Shi Jintang nodded, "Okay, you hand in the report and I will approve it.

By the way, how much do you plan to raise interest rates?"

"2.4%."

In order to provide preferential and convenient loans to the people, Nanhua has always kept interest rates low and has maintained them at a low interest rate below 2 points for a long time.

Now, in order to absorb the over-issuance of currency, the rate of interest rate hikes has almost caught up with the three-year Treasury bonds. This can be said to be a massive hemorrhage and a benefit to the people.

"In addition to the above two strategies, I would also like to request Chairman of the Committee to open up the securities market."

After so many years of development, Nanhua has accumulated a lot of currency in the hands of its citizens.

Although the financial department has been trying to find ways to stimulate consumption, the Chinese people's natural love of saving has made the financial department's measures ineffective.

The securities market will be a good pool to store excess currency, but this tool is also a way to quickly float wealth.

The reason why Sansa Bruce is keen to promote the normalization of the securities market is because the government, as a rule maker, can earn a large amount of stamp taxes through frequent transactions.

At the same time, the securities market can also provide financing for some companies to avoid over-reliance on bank blood transfusions.

Sansa Bruce had discussed it with Chairman Shi before, but Chairman Shi had always felt that stocks were too dangerous and could easily lead to extreme poverty, which was not conducive to social stability.

But securities are something that modern society must experience, so we should accept them early and get used to them. Shi Jintang breathed a sigh of relief, "Well, I agree with this in principle, but the rules of stock exchanges and listed companies must be stricter.

You'd better go to the securities markets of European and American countries to do some research first, and try to be as detailed as possible to avoid mistakes. "

Hearing that Chairman Stone agreed, Sansa Bruce breathed a sigh of relief, "Yes, thank you Chairman!"

Shi Jintang looked at Sansa Bruce, who was smiling with all the wrinkles on her face because of happiness, and lamented in his heart, Sansa is getting old too, and she is about to retire.

……

"I went on to talk about our financial situation. In addition to these, there are also commercial tax revenues from various domestic enterprises.

The total fiscal revenue of the finance department last year was 455.98 billion yuan, including 374 billion yuan in domestic corporate taxes, 53 billion yuan in dividends from overseas companies, and 28.98 million yuan in indigenous taxes.

The income of overseas companies mainly comes from dividends from clothing, beverages and oil fields. Mercedes-Benz and Herstal Arsenal have no dividends at all because of the Germans.

The sales of our lottery tickets are growing steadily and steadily. As the national economy improves, the sales of these two items will get better and better.

Our fiscal expenditure last year was 1224.98 billion yuan, with a fiscal surplus of -168.6%. Compared with the UK -600% and France -815%, our financial situation is obviously healthier.

The next step is to calculate the losses of our overseas companies.

The first is the Mercedes-Benz Automobile Factory, which has not paid dividends in recent years, and the dividends owed to shareholders will be a huge sum.

Germany has now been defeated. According to the investigation by our dispatched personnel, both the Henry Brothers Mechanical Transportation Factory and the Mercedes-Benz Automobile Factory's main factories in Germany are somewhat insolvent.

Today, only a few factories and decadent and helpless workers remain. The two factories were requisitioned by the German government during the war to produce armored vehicles.

Now all factory equipment has been seized by the British and French forces, and it is not known when the ban will be lifted.

Our losses are more than 800 billion yuan. Chairman, how do you plan to claim compensation? "

Nanhua's claims against Germany were only a small one, and the bulk was on France's side.

But the British did not want to weaken Germany too much, because they also wanted to strike a balance and wanted Germany to balance France.

This is the British guy, a born cold-blooded politician. He used to live and die with France to fight against Germany, but after the war, he turned his back and turned against his life-and-death ally.

“Well, you guys first make a list of claims.

In addition, didn’t we take a loan from Germany before? Let’s calculate the amount of the money first, and then discuss with the German Weimar government to offset part of it before discussing claims. "

"Yes, Chairman.

The Herstal Arsenal's losses were even more serious. First of all, all the orders I had accumulated were seized by the Germans, and the Herstal Arsenal had been helping Germany produce weapons in the past few years.

At the same time, the complete set of blueprints for our armored vehicles were also seized by the Germans. These losses were not small. Calculated, they were almost more than 600 billion yuan.

Are these just added to the claim list? "

"Well, this list is ready and sent directly to London to Prime Minister Ouyang, so that they can bring it out during negotiations. Our request is very simple: we must seize important companies in Germany.

Rheinmetall, Mauser, Kiel Shipyard, etc., these important military industrial companies, we must take the opportunity to invest in or acquire shares.

In addition, I also need to go to Germany to recruit some technical personnel.

After all, they are all skilled workers, and they bring back excellent industrial workers, which is much more convenient and faster than our ready-made training. "

Sansa Bruce nodded, "Okay, Chairman."

In addition to these, Nanhua also needs to "invite" some key scientists to come back to participate in the grand event. (End of chapter)