The journey starts from the Titanic

As a rear base, Sichuan should be developed sooner rather than later. Situ Nan will never forget that the southeast coast was lost during the Sino-Japanese War. Only the natural dangers of the southwest could stop the Japanese invasion.

In case history repeats itself, the large-scale southwest base will become the last capital of China's future war of resistance. It will not be like history, rushing to the southwest in a hurry.

This is Situ Nan's prudent thoughts. He smiled slightly at Song Ziwen's complaint and shifted the topic to the "disarmament issue" that Song Ziwen was interested in.

Song Ziwen really got interested and said excitedly: "At present, the size of the army is seriously exceeding the standard. I plan to combine the disarmament and the railway plan to remove the waste and reorganize the dismantled unit into an engineering unit. This way, we can maintain sufficient reserves. There is another highly efficient construction team, which can save a lot of money.” Situ Nan was not surprised by Song Ziwen’s suggestion: “Yes.” The ruling foundation of the Wuhan regime, in addition to emerging national capitalists, cannot be separated from the experience. The systematically trained sergeants, after they retire, will serve as cadres of the Zhi Gong Party at the grassroots level in the rural areas to ensure that the vast rural areas are not separated from government control.

Song Ziwen feels the same about this and believes that the military also welcomes this plan.

Lin Yimin found an opportunity to intervene in the conversation between Situ Nan and Song Ziwen."Okay, let's talk about banks! This is my integrated banking financial plan." Lin Yimin took out a file, with a confident smile on his face, obviously confident.

Situ Nan and Song Ziwen became serious and listened to Lin Yimin's explanation of his bank plan.

Lin Yimin plans to take action on domestic banks, including Bank of China and Bank of Communications, to realize their nationalization, strengthen the Wuhan government's control over the financial industry, and at the same time deal a great blow to the Beiyang government.

Merely losing the food shipped from the south will drastically reduce the combat potential of the northern warlords, let alone the Wuhan government breaking the Beiyang government's financial system.

"Are you sure?" Situ Nan asked.

"Well. The executives of the two banks have already arrived in Wuhan. They are more anxious than me." Lin Yimin smiled.

Bank of China and Bank of Communications were both established in the late Qing Dynasty. They are large national-level banks. Although their headquarters are in Beijing at the beginning, the Shanghai branch is the core asset. Important branches such as Nanjing and Guangzhou are under the rule of the Wuhan government. It is natural for the Wuhan government to move closer.

"The funds of the two major banks were taken away by the Beiyang government several times. They owed a lot of bad debts and almost went bankrupt. The shareholders have long been dissatisfied with the Beijing head office.

In order to get rid of the control of the Beiyang government, the President Zhang Jiaao aggressively recruited business shares from Jiangsu and Zhejiang consortiums, major banks, exchanges, Shenxin, Baocheng Yarn Mills and other large enterprises in Shanghai and other places during the First World War. The shares of the Bank of China were thus released from the control of the Beiyang government.

The year before last, that is, in 1923, the Beiyang government financed the sale of 5 million yuan in official shares. Zhang Jiaao organized shareholders to eat these shares. Now Bank of China's commercial shares accounted for more than 99%, completely out of the control of the Beiyang government."Speaking of this, Lin Yimin chuckled: "30% of the shares were held by American China Bank. Cao Kun and Wu Peifu transferred part of the Bank of China to us in order to repay the debts owed to us.

Companies such as the Dasheng Group under Meihua also hold a lot of shares in Bank of China, which add up to nearly 50%. We are the majority shareholder of Bank of China.

The total equity of Bank of China is more than 30 million silver dollars. Although it is not as good as the major international banks such as American China and HSBC, it is very influential in the domestic business community.

I plan to take a stake in the Bank of China in the name of the Ministry of Finance and transform it into a large semi-official commercial bank controlled by the Central Bank and American and Chinese Bank. It has domestic support to compete with foreign banks.

The Bank of Communications is also the same, but its business focuses on domestic transportation construction and agricultural and mineral resource development."Lin Yimin whispered. Obviously, he has already fully considered the major domestic banks. It is conceivable that as the economy of the South takes off, Chinese banks such as Bank of China and Bank of Communications will usher in great opportunities for development.

Situ Nan glanced at Lin Yimin and Song Ziwen, and saw excitement in the eyes of those two guys.

Perhaps not only because he saw the prospects for the country's development, but also because of the re-expansion of personal family interests, Situ Nan knew it well.

However, the situation is much better compared with the chaos of the Kuomintang government during the same period. It is also natural for some people to rise quickly by virtue of their advantages.

Situ Nan said that he agreed with Lin Yimin's approach: "Well said, Bank of China and Bank of Communications will play an important role in the next industrial construction.

Now that the Wuhan government lacks funds, the US-China Consortium should use its own capital and technological advantages to focus on heavy industry and infrastructure construction, and cooperate with the government. In this regard, Mitsubishi of Japan is your model."This is what Lin Yimin and Song Ziwen are in. They understand that the confrontation between China and Japan is largely a confrontation between the US-China Consortium, which controls China's heavy (military) industry, and the Japanese industrial oligarchs represented by Mitsubishi.

I don't know what Lin Yimin thinks, but he probably got into the habit of Situ Nan. It was originally said that Lin Yimin would be the president of the executive and Song Ziwen would be the minister of finance.

Lin Yimin pushed Song Ziwen out, took a step back, and chose to become the governor of the central bank to create a national financial system.

After moving the capital to Wuhan, the Bank of Guangdong changed into a central bank, headquartered in Hankou, and successively established branches in 13 southern provinces.

At present, the central banking system is not perfect and has to rely heavily on American and Chinese Bank, which actually assumes part of the central bank's functions.

In the original Guangdong Bank, although the government was the largest single shareholder, the US-China banking enterprises secretly controlled more than half of the shares and were the real central bank.

Lin Yimin does not seem to change this situation. He just made some changes on the surface, increasing the Wuhan government’s stake in the central bank from 40% to 51%, and owed a sum of money to the Bank of America and China.

Considering that the government hardly invests much, only a nominal amount, and most of the actual funds are advanced by American China Bank, this result is not unreasonable.

The Bank of America and China is the only bank that has the right to issue legal currency other than the Central Bank. Other financial institutions, including foreign banks, are not allowed to issue currency in the 13 southern provinces.

Now controlling the Bank of China and the Bank of Communications is equivalent to adding two more economic tentacles, forming a close and complex financial network.

In view of the lack of hard currency in the central bank, Lin Yimin suggested to'borrow' 100 tons of gold from the Bank of America and China to issue the first batch of legal tender.

Situ Nan nodded, even though it was troublesome to deploy gold from South China Headquarters.

"It is not enough to borrow gold. It is more important to prevent the outflow of domestic silver and gold. There are a lot of crazy guys in Shanghai planted in the hands of the tax police, so they can't eat it." Song Ziwen said a little gloating.

The discerning people know that the Southern Customs Territory will usher in an opportunity for rapid economic development, but there are many speculators colluding with foreign forces to resell gold and silver. Why is Song Ziwen not angry?

The establishment of the Tax Police Corps is his proud work.In order to stabilize the financial order, the government banned the circulation of silver and gold, while criminals took advantage of the government's ineffective supervision and wanted to transfer assets to other regions.

Now the war on the face of the Wuhan government is largely gone, but an invisible financial war has just begun.

When he came to Wuhan, Zhang Jiaao was very worried. He finally rescued the Bank of China from the Beiyang government. Now it seems that the Wuhan government has also been eyeing it.

"I hope everything goes smoothly." He murmured, accompanied by a young woman Wen Xian, his sister Zhang Jiading, also known as Zhang Youyi.

"The Zhi Gong Party government is committed to economic construction. It is rare to hear of arbitrary measures. Maybe this is an opportunity." Zhang Youyi comforted.

She deliberately accompanies her brother to Wuhan for an "interview". By the way, she should also take a break from seeing Wuhan.

"You don't understand, they are the big bosses of the Bank of China. I'm just worried that the bank will return to the Beiyang era and become the warlord's private treasury." Zhang Jiaao shook his head slightly and smiled.

Chapter 73 Wuhan New Deal (5)

Three years ago, in the Shanghai Xinjiao case, Chinese businessmen suffered heavy losses. At that time, Meihua Company took the opportunity to expand and acquired a number of banking companies, including the largest domestic textile company, Dasheng Spinning Factory, which could not escape Meihua's clutches.

Fortunately, Dasheng has attracted great development and has grown into an international giant spanning the textile, printing and dyeing, chemical, and energy industries with the funding and technology provided by American China Bank, which is enviable.

Zhang Jiaao already knew that the group of people who were originally in Guangzhou and now in Wuhan, American China Bank, became the big boss behind the Bank of China two years ago, but the other party obviously holds most of the shares, but has not moved, and is patient behind the scenes.

His president was able to sit still and spent two years without risk.

"So, many industries in Shanghai are controlled by American China Bank. Is this rumor true?" Zhang Youyi asked in surprise.

Zhang Jiaao nodded vigorously. Apart from the former British, French and American powers, this piece of fat in Shanghai is now the most contending for Japan, South China, and the United States.

The United States values ​​the Chinese market. The US-China consortium is powerful, and it is a local snake. Working with the Americans, they just squeezed the Japanese economic power. The Japanese economic power is becoming weaker in the area ruled by the Communist Party. On the contrary, South China and the United States are investing more and more. , But also left the European powers behind.

In this wave of business wars, Zhang Jiaao is undoubtedly one of the few people who can see clearly, but to become a waver, he has to listen to the opinions of the big boss in Wuhan.

As soon as the Zhang brothers and sisters disembarked, they were taken to the administrative headquarters building of American China Bank (China) in Hankou.

Seeing some simple buildings in front of us, two huge English letters MH were erected on the top of the building, but it was only five stories high, and it looked a bit greeting outside. Zhang Youyi said: "This is the headquarters of American China Bank. There is no Shanghai Meihua at all. Bank style!"

American and Chinese Bank and the authorities are well-known. The trajectory of the development and expansion of American and Chinese Bank is also the trajectory of the development and expansion of the Communist Party. The economic power is closely related. I heard that it will focus on investing in central China, so it upgraded the Wuhan branch to the head office and some administrative staff. Moved here from Shanghai.The actual headquarters is still in Shanghai.

American China Bank is a legendary bank with a rapid rise and rapid development beyond imagination. Its headquarters will soon be relocated, starting in San Francisco, and later in Singapore and Guangzhou.

Now there are two headquarters: Shanghai and New Tangshan, which are responsible for the business in China and the business outside of China.

Every time the headquarters moves, the strength of American China Bank will be improved. Now it is a leading international banking consortium all over the world, especially in overseas Chinese areas, with a wide range of influence."Zhang Jiaao said as many treasures as his family, and he couldn't help feeling angry and yearning for it. In his opinion, America China Bank is so proud to participate in the international capital competition in the world!

Of course, there is another point that Zhang Jiaao did not say. He also cooperates with political groups. The core is the Chinese. The strong rise of the Chinese nation, including China and South China, has formed a powerful force in East Asia and Southeast Asia, relying on the strong Chinese heritage. , And gradually contend with the West and Japan.