Fengxian Jiangshan

After hearing Wang Yongjiang say the figure of 3000 million, everyone present was shocked, even Zhang Zuoxiang opened his mouth wide, and asked after a while: "Governor Wang, you didn't say an extra zero, did you?" I did the math, the ammunition and military pay, plus the pension costs for the soldiers, and the cost of reorganization should not exceed [-] million, [-] million is too appalling, right?"

"Auxiliary Marshal, the military expenditure is indeed not much, but Fengtian is the economic center of the three eastern provinces. Recently, a large number of investors and merchants from Beijing, Tianjin and other places have gathered in Fengtian. The entire industry and commerce are very prosperous, and a large amount of capital has poured in. Now there is a war. Many investors have lost confidence, and the outflow of capital alone is quite astonishing, causing more than [-]% of our losses."

Most of Zhang Zuofeng's minds were still in the agricultural era. At that time, the cost of fighting wars was not high. Even ordinary soldiers had to bring their own weapons and food, and the "government" mainly borne the direct military-related expenses.

But in the industrial age, the situation is completely different. Although Fengtian has not entered the industrial age, it is still standing on the threshold. The impact of an internal friction on the social economy is too great. Wang Yongjiang's estimated loss of [-] million is still relatively large. Conservative.

From the rise of the May 20th Movement, Zhang Zuolin's plan to enter the customs, to the final settlement of Guo Songling's rebels, it lasted about one and a half months, and the actual fighting time was only about 20 days.However, in the past [-] days, the rate of change has been so fast that it is simply unacceptable. Beiyang, the Feng family, and even the Japanese have "intervened" in it, and the losses caused are mainly reflected in three aspects. [

The first is direct war losses, including military expenditures, soldiers’ compensation expenditures, destruction of urban areas and reconstruction, appeasement of the people, etc., the total amount is about 200 million.For Feng Jun, this expenditure is barely enough to support.

The second item is the massive transfer and flight of domestic capital. The three eastern provinces are engaged in industrialization, so they will naturally attract a large amount of capital from all over the world. The driving force for these capitals to enter Fengtian is, on the one hand, preferential policies, and on the other hand, the powerful Fengtian army. Force, no one dares to put a huge investment in an unsafe place.

However, after the "civil strife" broke out this time, Fengjun's leadership underwent a major reshuffle, and everyone hesitated about future policies.In addition, fighting took place in Fengtian, which is the economic center.The shock generated was too great, and the safety of the three northeastern provinces was also questioned by all parties. Since Zhang Zuolin's sudden assassination, a large number of investors have withdrawn their funds one after another.

The third loss is due to the intervention of the Japanese, and a large number of Japanese-funded enterprises took the opportunity to hoard.Disturbing the market, coupled with the direct threat of war against Japan.Let everyone express doubts about Fengjun's future.Accelerated the trend of capital flight.

The wars in the industrial age and the agricultural age are completely different. If you win, the benefits you get will be multiplied. Similarly, the damage caused by civil wars and failures will also be multiplied, and even lead to depression.The two superpowers of the later generations lost their hands in local wars, which affected the national destiny.It even forced an empire to accelerate its disintegration.

Wang Yongjiang explained these losses to everyone, and then said: "Take the North Market as an example. Normally, there are millions of yuan and tens of millions of goods and materials exchanged every day. Bulk agricultural products and industrial products have to go through the North Market If the sale is stopped for one day, the loss will be millions, and the liquidated damages will be added, and the amount will be even more astonishing.”

Zhang Zuoxiang barely digested these things, and said with a wry smile: "It sounds like this is Xiao He's success and failure! I'm humble, the North Market was built by you, is there any solution?"

Zhang Tinglan nodded, and then said: "The losses mentioned by Mr. Minyuan, except for the inevitable direct losses, are all estimated. It can be summed up in two words: confidence! Our finance and industry can Attracting a large amount of investment is because Fengjun's strong position in the country has brought great confidence to investors. After this "civil turmoil", everyone's confidence was hit, which caused serious losses."

"Incisive!" Wang Yongjiang said with a smile: "In my humble words, the loss of the Fengjun is not only the real economy, but also the financial turmoil. Some of the bonds we issued have also been questioned. If confidence cannot be boosted, the backlash of financial power will cause more harm and even cause social unrest.”

What Wang Yongjiang said is absolutely correct. When Zhang Tinglan was engaged in construction, he borrowed a lot of debt, whether it was immigration, education, or industrial and infrastructure construction. He issued a large amount of bonds and carried out complex financing.

If there is a serious problem with these things, the loss will not be as simple as 2 million yuan, but the financial collapse of the entire three northeastern provinces, and even the collapse of society. The farm system created by Zhang Tinglan may collapse. After all, farm development Most of the funds are obtained from loans, and the resulting chain reaction will even threaten the safety of the entire Fengjun.

"Economic swords and swords are often more terrifying than real battlefields." Zhang Tinglan said: "The core of all problems now is how to boost confidence. If the economic system of the three northeastern provinces is to be re-operated, I think what must be done It is to spend money, invest a lot, and absorb the funds back. Money is like water, and the three northeastern provinces are like reservoirs. Our economy is like swimming fish. When the water returns to the pond, the fish will naturally live."

"The current situation is not too bad. We are the first to be hit by the real economy, and the financial industry has just begun to show signs of recovery. At this time, it is relatively easy to save. The next step is to know about large-scale investment and large-scale development projects. Continue to provide living water to the economy."

Zhang Tinglan took out her own "prescription", and all the officials from the three eastern provinces present were listening carefully. In fact, most of them did not understand what Zhang Tinglan said. Zhu Qinglan said from the side: "Zhuoyan, I listen to Wang The governor’s introduction caused a heavy loss. At this time, you should recuperate, reduce expenditure, and fill the hole. But if you want to do the opposite and continue to spend money recklessly, wouldn’t the hole be bigger? Will there be a problem?"

Zhu Qinglan's words represent the views of quite a few people, and Zhang Tinglan is also aware of the problems of these people. Their understanding of the economy generally stays in the feudal agricultural era, and they are still very unfamiliar with the modern economic operation.The more we are in a crisis, the more we must take strong actions to save the economy, instead of waiting for the economy to recover itself, or we will miss the best opportunity.

"Everyone, in the agricultural era, most landlords paid attention to simple accumulation. They even buried a lot of silver in the ground. As a result, there was less and less silver on the market. The more satisfied. But for the entire economic operation, this is adding fuel to the fire. There is a shortage of silver in society, and after hiding it, the shortage becomes more serious, forming a vicious circle. In Song and Ming Dynasties, The problem of money shortage has appeared to varying degrees, and it can even affect the rise and fall of the dynasty."

"Now in the industrial age, we should see more clearly that currency circulation is more important than accumulation. Currency itself is not just wealth, but a kind of power. When ordinary people have money, they can exchange for items needed for basic necessities of life, food, housing and transportation." When the government has the wealth, it has the power to dominate society. To exercise this power, it needs to spend money to control it, and simple accumulation will become a landlord-style miser!"

What Zhang Tinglan said was still a bit difficult for everyone present, but Wang Yongjiang, who is an expert in financial management, quickly understood it.

Wang Yongjiang is also a person who is constantly learning and accepting new ideas. Ever since he came into contact with Fred of Daosheng Bank and saw modern capital operations, he has a subversive understanding of finance and banking. Now, after hearing Zhang Tinglan's This set of ideas resonated immediately. [

"Zhuoyan, I can't support the general direction you mentioned. The only problem now is to implement it. What projects should we invest in and how should we spend money?"

Zhang Tinglan nodded and said with a smile: "Mr. Minyuan, I heard that the Jifeng Railway is about to open to traffic. I want to use the Jifeng Railway as a mortgage to borrow 2000 million US dollars from the United States to develop the railway construction in the three eastern provinces. what do you think?"

Wang Yongjiang's mind was also spinning rapidly. Zhang Tinglan's borrowing from the United States was not just to solve the problem of funds, but a clever plan to kill three birds with one stone.The first thing to focus on is the issue of confidence. Didn’t Chinese investors have shaken confidence in Fengtian and doubted Fengtian’s future?The entry of American capital is the most powerful counterattack.

In today's China, the big powers are still the most powerful, and their actions are also the most convincing, although this kind of behavior is also advocating foreigners to a certain extent.But at this time, Zhang Tinglan could only use this emotion to serve herself.

Secondly, the United States is a capital-oriented society. When the capital of the United States is brought in, it also brings in the political power of the United States. Now the Fengjun and the Japanese are still in confrontation. Zhang Tinglan can add a card in his hand.

In addition, Zhang Tinglan did this to actually break the sphere of influence of the great powers in China. According to the tacit understanding between the great powers, the three eastern provinces are the sphere of influence of the Japanese.If American capital wants to enter, it needs permission from Japan.

It is precisely because of the sphere of influence that Zhang Tinglan wants to attract investment and let the big powers compete with each other, it becomes a delusion. With the Japanese "government" as the wolf staring at it, it is difficult for European and American forces to "intervene" in. Especially something as sensitive as a railway.

But at this time, the Japanese lost too many points in the international arena due to the open assassination of Zhang Zuolin.

"Zhuoyan's trick is clever. Not only can it restore the economy, but it can also use its strength to poach a corner of the Japanese. Once a corner of the sphere of influence is torn apart, it will become much easier in the future!" (To be continued. .)

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