Rebirth of the Republic of China: The Rise of China

At Nankai University in Tianjin, a mysterious black car slowly drove into the campus, and then stopped in front of the office building where He Lian, Dean of the School of Economic Research of Nankai University, was located.

Because it is now class time, not many people noticed this car in the small courtyard of Nuo University.

The car came to a stop, and a middle-aged man wearing a top hat and a slightly fat body slowly got out of the car, and walked into the office building under the protection of two guards.At this moment, if you walk in, you will find that this person wearing a top hat is not an ordinary person, but Yan Xishan, the current mayor of Beijing, who once called the wind and rain in Shanxi Province.

Yan Xishan came to Nankai University from Jane this time, with only one ultimate goal: He Lian, the current Dean of the School of Economic Research of Nankai University.

Walking into He Lian's office, He Lian, who was lying on his desk and struggling to write something, was obviously taken aback.With a puzzled face, he asked, "I don't know if you are... come to my office for something..."

Yan Xishan did not answer right away, but asked with a smile: "I wonder if your Excellency is Dean He Lianhe..."

Seeing that the other party was not malicious, He Lian readily admitted: "I am the He Lian you are looking for, I don't know who you are."

"I'm Yan Xishan, I've longed for Dean He Lian and Dean He's economic theory for a long time, and I'm here to pay a special visit today... Dean He won't blame me for coming too suddenly..." Yan Xishan replied with a smile.

"Yan Xishan..." He Lian's expression that was still calm just now changed suddenly, he quickly walked out of his seat, and said to Yan Xishan with a look of panic. [

"It turned out to be Mayor Yan... Hello, Mayor Yan, I don't know what you can learn from Mayor Yan's visit to Nankai University..."

Yan Xishan waved his hand and said, "Don't want Mayor Yan... Mayor Yan's name is calling someone a birth. As far as I know, we are all about the same age, so you can call me Brother Baichuan. As for me, Yan Xishan, I'll call you Brother Cuilian, we don't care about official positions, how about..."

Although Yan Xishan has a military background, but.Because of his years of internal affairs, he often has very different views on domestic economic development.As for He Lian, although he was born as an economist, all he has is economic theory.Without any actual experience.

so.When the two are combined, it only took 10 minutes, and the two are like a pair of old friends who have forgotten their age.Let's talk about domestic economic development thoroughly.

After a chat, Yan Xishan first broke the topic and asked He Lian: "Brother Cui Lian, as the dean of the School of Economics, educating students, although you can give full play to your strengths in economics. I think that any All economics requires a certain amount of practical experience as a guide, so you should go out and walk more..."

Yan Xishan is the vice chairman of the coalition government and the mayor of Beijing.No matter how much such an important person admired him, he would not take the initiative to go to his office to call himself a brother.

Regarding this point, He Lian is still very self-aware.

Therefore, after hearing Yan Xishan's words, He Lian immediately understood that the other party planned to invite him to become an official.

Invite yourself in person as the vice "chairman".It is enough to feel that the other party attaches importance to oneself.Under Yan Xishan's gaze, He Lian didn't show any pretense, and asked directly.

"I don't know what brother Baichuan said about going out for a walk means..."

Yan Xishan smiled, and said without hesitation: "Brother Cui Lian, I will not hide what I said here. In addition to admiring Brother Cui Lian's economic theory, I have also received the honor of Commander-in-Chief Li of the National Defense Forces and The joint "government" and "Chairman Li" have both entrusted you to come to invite you to serve in the coalition "government" and contribute your own strength to China's economic development..."

As a talent who once made a name in China's economic history, He Lian has no hypocrisy or hypocrisy of the literati in the Republic of China.Hearing that Yan Xishan was telling the truth, and that he had long thought of becoming an official, it was just that no one made an introduction.After only half a minute of silence, He Lian asked Yan Xishan.

"Brother Baichuan, I want to know what specific position the coalition "government" asked me to take up... Although I have a certain reputation in the economic circles, but I don't have any timing experience, I am worried that I will not be qualified for this position."

He Lian did not directly express his refusal, which means he agreed.

Yan Xishan, who quickly flashed a smile on his face, replied decisively: "Brother Cui Lian, don't worry, you are definitely qualified for the position assigned to you by Commander-in-Chief Li and "Chairman" Li, and you can also give full play to your strengths..." [

"This position is the joint [government's] finance minister and the first governor of the People's Bank of China."

He Lian was not surprised by the position of Minister of Finance. Given his status in the economic circle, even if he could not be a minister, he would be more than happy to be a deputy minister.

However, He Lian was puzzled by the so-called position of the first governor of the People's Bank of China.

In my own understanding of the Chinese economy, there is no such thing as the People's Bank of China.

Could it be...Could it be that the National Defense Force intends to form a bank completely under its own control...He Lian, who was puzzled, immediately thought of this possibility.

With a face full of doubts, he asked directly: "Brother Baichuan, is it true that the coalition "government" plans to form a bank to fight against the central bank of the national "government"..."

"Yes, not only to form the People's Bank of China, but also to issue banknotes, which are stronger and more valuable than French currency..." Yan Xishan said proudly, his words were full of confidence...

At the welcome banquet held by He Lian in Shenyang, where the United Government is located, not only the "government" Chairman Li Zongren and Vice Chairman Yan Xishan were present, but the very busy Li Guosheng also took time to appear at the welcome banquet to express his respect for He Lian Arrival welcome.

At the end of the banquet, the commander-in-chief of the National Defense Forces Li Guosheng, the "government" and "chairman" Li Zongren, the vice "chairman" Yan Xishan, and the newly appointed Minister of Finance He Lian all gathered in an office next to the banquet hall. Account for the establishment of the People's Bank of China.

Now that he has taken over as the Minister of Finance, He Lian no longer hesitates, and directly asks a question that he has wanted to know since he agreed to be the Minister of Finance.

"Commander-in-Chief, 'Chairman', if you want to form a bank that can compete with the Nanjing Central Bank, you must have sufficient capital reserves. I want to know how much the 'government' plans to invest in establishing the People's Bank of China money…"

"500 million US dollars, I don't know if it's enough, if it's not enough, you can continue to increase it..." Li Guosheng replied with a smile on his face looking at the economic master who left a strong mark in history.

"Five million U.S. dollars... Synthesizing Dayang is definitely more than 500 million. This is an unprecedented investment in the whole country... Commander-in-Chief, are you sure it is 2000 million U.S. dollars and not 500 million Dayang..." After a brief shock, He Lian Facing Li Guosheng in front of him, he asked back suspiciously.

Li Guosheng nodded, and replied in an uncontroversial tone: "You heard me right. It's 500 million dollars... how about it. Minister He, is the investment of 500 million dollars enough..."

"Enough, enough..." He Lian who got the exact answer was almost speechless because of his excitement.

Facing Li Guosheng, he said loudly, "Boss, I can say with certainty that the bank established with 500 million US dollars is definitely the largest bank in China besides Nanjing Central Bank..."

After finishing speaking, He Lian seemed to have thought of something, and continued to ask Li Guosheng: "Boss, according to Chairman Yan, in addition to establishing a bank, we also need to issue our own currency. If the US$500 million is used to establish A bank, definitely enough. But. Can't be used to issue currency..."

"The reason why the Central Bank of Nanjing can issue currency is because it reserves a large amount of silver and issues legal currency on the silver standard. But we don't, unless the head office can get a large amount of silver, use this silver as a reserve, and issue it to the whole country. Currency. Otherwise. The currency we issue is a pile of waste paper."

Under He Lian's questioning, Li Guosheng hadn't had time to speak, Li Zongren had already said: "Minister He, you worry too much about this question. You just joined the National Defense Forces. You don't understand our commander-in-chief's style. Our commander-in-chief has always been The principle of doing things is not to fight uncertain battles..."

"Since the commander-in-chief has said that he wants to issue a currency that is stronger than the legal tender, the commander-in-chief has already made preparations for it. However, to disappoint you, the currency we issue this time is completely different from the national "government" The legal currency issued..."

"We intend to abandon the silver standard system of the national government, connect with the world, and change the banknotes issued to the gold standard. Only in this way can the banknotes we issue truly go to the world..."

As an economist, He Lian was very aware of the huge benefits that the gold standard could bring to the country.

First of all, after the banknote adopts the gold standard, it can be circulated in the world like the dollar.It does not need to be the same as the legal currency issued by the national "government", it must be exchanged for equivalent gold and silver before it flows out of the country.

Of course, there are countless other benefits besides this...

However, because China's gold reserves are too small to issue currency, the "government" had to abandon the gold standard and adopt the silver standard, giving up these benefits.

Therefore, after hearing Li Zongren's answer for the first time, He Lian's first reaction was incredible.

In He Lian's view, when China's gold reserves are insufficient, no matter how rich the National Defense Force is, it is impossible to have enough gold reserves to issue currency.

Without even thinking about it, he retorted to Li Zongren: "Impossible. As far as I know, the gold reserve of the entire national government is only 300 million taels, and it has to adopt the silver standard system to issue legal currency due to insufficient gold reserves. Could it be that our National Defense Forces There is more gold stored than the national government. I don’t believe anything. After all, the most affluent provinces in China are still in the hands of the national government, and the national government has been in power for more than ten years. Far more than us…”

Li Guosheng waved his hand and said directly: "Minister He, then I will disappoint you..."

"Our gold reserves not only exceed the Nanjing National 'Government', but are also several times that of the Nanjing National 'Government'..."

After finishing speaking, he ordered to Li Zongren: "Chairman Li, please tell Minister He about the gold reserves in our treasury, so that Minister He can have more confidence in establishing the People's Bank of China and issuing our own currency... "

Under He Lian's incredulous eyes, Li Zongren replied proudly: "Minister He, in order to form our own bank and issue our own currency, the commander-in-chief has already started when he was the "chairman" of Shandong Province. Getting ready."

"After several years of storage, the gold reserve in our vault has reached an astonishing 550 tons. In addition, there are a total of [-] tons of silver stored in the vault. However, the [-] tons of silver The [-] tons, according to the chief executive, will be replaced with gold in a short period of time..."

"At that time, our total gold reserves will exceed 650 tons..."

As soon as Li Zongren finished speaking, Li Guosheng immediately added: "In addition, in the next three years, we can get [-] tons of gold from abroad every year. Not only that, the Far East we took back from the Soviet Union Although the environment in the region is harsh, there are still several large gold mines that were looted and abandoned by the old Maozi's army. If we reuse these gold mines, at least [-] tons of gold can be dug out from the Far East every year reserve…"

"Enough, enough..." Before Li Guosheng finished speaking, He Lian, who was still in shock, rushed to answer.

"According to the current exchange rate between gold and the U.S. dollar. 650 tons of gold is 5000 million U.S. dollars, and the current exchange rate between the U.S. dollar and the ocean is the literature network. If we use these gold to issue banknotes equivalent to silver dollars, we can issue at least 29 billion taels Five million yuan..."

"According to my usual research and statistics, among the more than ten provinces occupied by the National Defense Forces, the total amount of silver dollars in circulation is only around 20 billion. Unless the commander-in-chief wants inflation to break out in the more than ten provinces occupied by the National Defense Forces, let the The devaluation of the banknotes just issued, otherwise. We only need to issue 20 billion banknotes to meet the needs of these more than ten provinces..."

"Of course, if the commander-in-chief wants the banknotes issued by us to replace the legal currency little by little and become the hard currency that truly circulates throughout the country, then the specific number of issuances must be determined..."

After listening to this professional answer, although Li Guosheng is not good at economics, he is.Still nodded in agreement.Because, in the later generations of China, an ordinary citizen knows what inflation is and what depreciation of banknotes is, let alone a senior military talent who has mastered various advanced technologies.

After a short thought.Facing the eloquent He Lian in front of him, he ordered decisively: "In this case, Minister He, I will hand over the people who formed the People's Bank of China to you. All the manpower and material resources required for the entire preparation process are provided to you. "Chairman Li" applied. Try to set up the shelves of the People's Bank of China within one month."

"Of course, in the process of preparing to set up a bank, you should not forget your other identity: Minister of Finance of the joint 'government'. Although the current 'government' fiscal revenue is very small, most of the fiscal revenue of the provinces is kept in Local infrastructure construction, however, in terms of financial approval, the Ministry of Finance must be careful."

"In addition to this, the Ministry of Finance has another important task..."

"My idea is that in the next few years, all the taxation rights of all provinces in the occupied area will be fully collected. That is to say, the local "government" will not have any taxation rights within the area ruled by the national government in the future. Right. All taxes will be directly turned over to the "government" finances through the soon-to-be-formed People's Bank of China, to avoid layer upon layer deductions..."

"For this issue, I hope Minister He can pay attention to it and come up with a plan as soon as possible for us to discuss."

He Lian nodded affirmatively and replied: "Commander-in-Chief, I understand what you said... Centralizing taxation power to the government can not only avoid the local government's deductions, but also increase the impact of the joint government on the local government. "The control can also reduce the burden on the people. More importantly, only when the tax revenue reaches the "government" finances can the "government" have the money to carry out various large-scale infrastructure..."

"However, as you just said, the taxation power should be taken back to the coalition "government" in time, and the taxation process also needs to be controlled by the bank. Therefore, I will definitely set up the bank framework in the shortest possible time, strive for an early opening, and promote China's economic development..."

After He Lian left the office with expectations for the future, Li Zongren suddenly let out a hearty smile.

Seeing Li Guosheng quickly surrendered his puzzled eyes, Li Zongren explained excitedly: "Chairman, tell me, if you let Nanjing Lao Jiang know that we are about to form the People's Bank of China, what will he think..."

"Needless to say, I will definitely vomit blood due to anger..." Yan Xishan, who had been suppressed by Lao Jiang for the first half of his life and could not display his talents at all, followed suit as if he had found a punching bag.

Then, he said to Li Guosheng: "President, if nothing unexpected happens, the opening ceremony will be held when the bank opens, and a large number of reporters will be invited to promote it. I, the vice chairman of the "government", took the initiative to ask for a visit. On behalf of us, we will unite with the "government" to preside over the opening of the bank, and fight against the Nanjing Nationalist "government" economically, and let Chiang be angry."

Of course Li Guosheng would not refuse. Similarly, Li Guosheng, who had been kicked in the back by Lao Jiang many times, also wanted to see Lao Jiang deflated.Without even thinking about it, he agreed: "Yes..."

"But I guess, no matter how angry Lao Jiang is at that time, he won't have the energy to take care of these trivial matters..."

"Our war with the Soviet Far East Army is over. Although the results of the battle have not been announced, the veteran's methods will surely achieve results. When he knows that we have not only defeated the Soviet Far East Army, but also captured hundreds of thousands of Soviet prisoners of war on the battlefield, What kind of expression will he have..."

"It goes without saying that I was once again taken aback by the strong combat power shown by our National Defense Forces. They also mobilized heavy troops from various places to defend the front lines of Shandong and Shanxi to prevent us from taking advantage of the victory and continuing to advance south..."

Li Zongren seemed to let out a bad breath, and shouted loudly with a smile on his face.

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