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No. 142 The Big Business of Printing Money

Hearing Mao ZD's words, the two people on the other side were stunned. He Shuheng frowned and said, "Runzhi, what do you mean is Chang Ruiqing's method really possible to quell the chaotic times and unify China?"

Mao zd patted his face: "Of course. After reading Mr. Chen's letter, I admire this warlord a little. The key to the problem of China is the countryside!" He said with great spirit: "China is still an agricultural country, with 95% of the population being farmers. But at present, whether it is the Beiyang warlord or revolutionaries like Sun Yat-sen, they all ignore the countryside and just stare at the city. This is ignoring 95% of the power, only seeing that 5%, so they fight back and forth in a mess, and no one can show overwhelming power! But Chang Ruiqing has realized the importance of rural areas and farmers, and has also come up with an effective method! But ****??" Speaking of this, he stopped talking again.

He Shuheng and Xiao Zisheng looked at each other, and then said in unison: "But what?"

Mao zd smiled: "But Chang Ruiqing is a warlord after all, and at most he can be considered a bourgeois revolutionary. He dare not really let go and mobilize the peasants! He is afraid that after the peasants really rise up, he will also defeat him, the reactionary warlord and the bourgeoisie he represents! Therefore, his layout in the countryside is not based on peasants, but on rural intellectuals represented by private school teachers. If he wants to rely on these rural intellectuals as the basic force, he will win over some gentry to establish his rule in the countryside. He will probably carry out some improvements and give peasants some sweetness. In this way, he can borrow some peasants' power to use for his bourgeois revolutionary war!"

As he said that, he stood up, walked to the desk, opened the drawer, never took out an old newspaper, and waved at the two people in front of him: "There is a new military system that Chang Ruiqing built in Fujian. If this system can be completed, the Fujian Army will be completely controlled by him. This is not among other warlords. If he can use the power of some peasants, even if it is only 30%, then for other warlords in the country, his force is overwhelming! It should be no difficulty to unify China. Unless ****??"

"Unless what?" He Shuheng asked anxiously: "Runzhi, what's wrong with you today? Even speaking is so unsightly?"

Mao Zd smiled awkwardly. A trace of hesitation flashed in his eyes, and finally gritted his teeth and said, "Unless we GCD people can truly ignite the raging fire of the Chinese revolution! We will completely launch the peasants who account for 95% of China. Only in this way will his bourgeois revolution go completely bankrupt! China can step into socialism in one step!"

He Shuheng frowned: "Runzhi, how do you think we should mobilize Chinese farmers completely?"

Mao Zd shrugged: "I don't know either!" As he said that, he showed a confident smile on his face: "I decided that after graduating from the first division, I will take a year to go to the countryside to conduct a thorough investigation. I believe that I will find a way to mobilize the farmers thoroughly!"

Xiao Zisheng laughed at this time: "What else can you do? Your leader, Mr. Chen Duxiu, will be the director of the Education Department. In the future, Chang Ruiqing will unify China, and maybe the Prime Minister will be the Prime Minister ****? Then you will not have time to become an official. Who has the heart to mobilize the farmers?"

After hearing this, Mao Zd's face suddenly became solemn, and he murmured: "Yes, it seems that this is the case ****?"

****??

Mao Zd's analysis was at least one thing that was right. That is, Chang Ruiqing was actually a bourgeois revolutionary!

Otherwise, he would not have left behind a big business in Fujian and would have taken a boat to Shanghai, the gathering place of the Chinese bourgeoisie, along with the newly appointed Finance Minister of Fujian Province, Zhang Junmai, the second brother of Zhang Gongquan, the manager of Bank of China, and the chief of staff Lu Yixuan.

Chang Ruiqing had three purposes for coming to Shanghai. One was to invest in Bank of China publicly and attended the board of directors of Bank of China. The second was to try to reach a Fujian, Zhejiang and Shanghai warlord alliance with the Shanghai Guardians Lu Yongxiang. The third was to use the huge influence of the Bank of China manager Zhang Gongquan to contact the leading figures of the Jiangsu and Zhejiang consortiums in Shanghai. Including Chen Guangfu, the manager of Shanghai Commercial Savings Bank, Qian Xinzhi, the manager of the Shanghai Branch of Bank of Communications, Yu Qieqing, the owner of the Sanbei Company, Shenxin Textile Factory and Maoxin, Rong Desheng, the owner of the Fuxin Flour Factory, Fang Jiaobo, the representative of the Fang family of Zhenhai Jushang, etc.

The purpose of our Changda warlords to contact these capitalists was of course not to borrow money from them to expand their military power. In fact, Chang Ruiqing currently has no less wealth than any of the above big capitalists! And now is a golden period of the economy of the Republic of China. Due to the First World War, the input from European and American countries decreased, imports increased, and China's industry and commerce were developing well. Therefore, Fujian Province's fiscal revenue was also relatively ideal. Under the management of Zhang Junmai, it was enough to maintain Chang Ruiqing's army.

In fact, Chang Ruiqing planned to negotiate a big business with other capitalists as a capitalist!

In the French Concession in Shanghai, in the newly bought mansion by Chang Ruiqing, several giants from Shanghai's business circles, as well as Chang Ruiqing, Zhang Junmai and others, were sitting in the hall. More than a dozen beautiful maids were serving tea, cigarettes and snacks for them.

Zhang Gongquan, the manager of Bank of China, took a sip of tea and smiled at Chang Ruiqing opposite him: "General Yaoru, this time, my brother has invited you from Fujian to Shanghai from all over the world. There is one of the largest and most profitable deals in China right now. This deal is to turn our Bank of China into the actual central bank of China, so that the banknotes and silver dollars issued by our Bank of China control China's currency market!"

Of course, his words were not for Chang Ruiqing, but for the other banking and business giants present. In the past few months, Zhang Gongquan has been running among these Jiangsu and Zhejiang chaebol financiers to promote his "Big China Bank Plan". According to his vision, the development goals of China's Bank of China should be positioned at China's largest commercial bank and banknote issuing bank! In the end, it will have the dual identities of central banks and commercial banks and become a monopoly oligopolis in China's financial industry! In order to achieve this goal, China's Bank of China needs to merge with several other Chinese banks on Shanghai, and find strong support to absorb more capital.

Such a painting of cake certainly made these financial giants in Shanghai excited. Bank of China has established a certain reputation since the "Beijing Banknote Run" incident, and the banknotes issued have also been recognized on the market. If any bank can unify the Chinese currency market in the future and become the de facto central bank of China, it is undoubtedly the Bank of China!

But after all, painting cakes are painting cakes! The financiers here also know that it is definitely not possible for the current strength of the Bank of China and the several financiers in Shanghai to unify the current chaos and complexity of China's currency market.

There are too many interests involved. First of all, the transaction of printing money is definitely a huge profit! At present, as long as a small piece of warlords have set up banknotes on their territory, they have issued many inadequate preparations. They will turn into waste paper money at any time! Will they allow the banknotes issued by the Chinese bank to steal their business?

Secondly, banks opened by the great powers in China are also issuing banknotes... Although due to the European war, the credibility of the banknotes issued by the great powers is not as good as before (mainly due to the bankruptcy of Russian-funded banks). However, it is not so easy to completely expel them from the Chinese currency market. After all, the power of the great powers in China is not a joke.

Finally, the attitude of the Beijing government cannot be ignored? Although the central government seems to be transparent, they still have the status of the central government and are recognized by the international community. If the Chinese Bank of China is doing a prosperous job in printing money, will it arouse the covetousness of the Beijing government?

Behind all this, the same problem is the backend! If you want to build Bank of China into a super coining machine, you cannot do without a powerful backend. In fact, this is also an indispensable condition for China to do anything big!

However, Manager Zhang has already considered the backstage issue! He proposed two candidates, one is the current leader in Shanghai's Chinese world, Lu Yongxiang, the escort of the Songhu Guardian Army. The other is Chang Ruiqing, the Fujian Military Supervisor who has recently emerged in Fujian.

Now the financiers in the room have turned their attention to Chang Ruiqing. However, Chang Ruiqing just smiled at these big bosses reservedly, gently turning the teacup in his hand, as if he was repeatedly calculating Zhang Gongquan's suggestions. In fact, what Zhang Gongquan said to him now was discussed by the two of them in advance. Most of the ideas still came from Chang Ruiqing. It was just that because his identity as a warlord was really inconvenient to propose it in front of a group of financial experts, this was arranged.

Chang Ruiqing glanced at the bankers in the room from the corner of his eyes, and there seemed to be a hint of unconcealed enthusiasm on everyone's faces. He smiled at Zhang Gongquan and said, "Mr. Gongquan. There seems to be some risks in issuing banknotes, right? Before Chang came to Shanghai, Fujian Province had experienced a banknote run crisis, and even Fujian Bank went bankrupt because of this."

Zhang Gongquan laughed: "That's why my brothers want to become a big bank in China. Now there are too many miscellaneous banks in various places, and they are all rushing to issue banknotes, but the capital of these banks is too weak and too small to deal with banknotes runs at all! Moreover, the controllers of those banks are often local soldiers... powerful soldiers don't know how to run banks at all, they will only issue banknotes indiscriminately. When they encounter bank runs, they panic and announce the suspension of banknotes. As a result, the bank's collapse will naturally affect local financial stability, which is harmful to the economy.

However, my brother's "Big China Bank Plan" is different. My brother wants to take the current Chinese-owned bank in China, Bank of China, as the core, to unite a large number of powerful Chinese-owned banks, and then recruit equity from wealthy businessmen on the market! Try to expand the capital of Bank of China from the current 10 million yuan to 50 million yuan! Become a veritable big bank representing our China! In this way, the bank will certainly never go bankrupt, and the banknotes it issues will inevitably have the credibility of equivalent to silver dollars.

In addition, the brothers' target is not only the Chinese banknote market, but also the Chinese silver dollar issuance market... The silver dollars circulating on the market are also diverse, and there is no unified standard for the quality of the portion. The brothers intend to use the supervised Bank of China Bureau and the issuance system of the Bank of China to mint and issue a 95% Chinese silver dollar equivalent to "regular dollar" (a virtual silver dollar used for interbank settlement). This Chinese silver dollar will serve as the basis for the Chinese banknotes issued by the Bank of China. Together with the Chinese banknotes, it will occupy the entire Chinese currency market.

The preliminary plan is to recast all the silver dollars and ingots in the bank bank in China into Chinese silver dollars, which is estimated to be 30 million yuan, and then issue banknotes based on this. One Chinese silver dollar is ready to issue two yuan, and three yuan of banknotes is no problem, that is, banknotes with a denomination value of 60 million to 90 million yuan. Moreover, this is an issuance plan based on the current strength of the Bank of China. If the "Big China Bank Plan" can be completed, the scale of issuance of the banknotes and banknotes will increase several times! Even if it is issued hundreds of millions of yuan, it is possible to sell hundreds of millions of silver dollars a year! How much benefit is there? Brothers can do it, can you calculate it even if you don't say it, right?"

Although Chang Ruiqing had known these numbers for a long time. However, when he heard them from Zhang Gongquan again, he still couldn't help but feel excited. The issuance of the banknotes really seemed to be changing money. It was obviously only 50 million silver dollars, if he could absorb hundreds of millions of silver dollars, it would be equivalent to having a deposit of 150 million silver dollars, which was enough to issue a deposit of about 400 million dollars. The silver dollars exchanged in these banknotes can become the margin for issuing new banknotes... It's really a good deal!

As long as the reputation of the Bank of China is good enough, wouldn’t it be like the people who are willing to hold the Bank of China’s banknotes be extra hundreds of millions of yuan out of thin air? If they can create a good investment environment for this huge amount of capital and guide them to invest in certain important industries, then their future will be bright!

Thinking of this, Chang Ruiqing's face could no longer hide his smile. He put down the teacup in his hand, clapped his hands, and smiled: "Mr. Zhang is indeed a person like God of Wealth. You can think of such a way to make money! Even if this deal is Chang."

As he said that, he slapped: "Chang invested 5 million yuan! The Bank Dollar Bureau of the Fujian Provincial Government will also entrust the Bank of China to operate and manage it later. The provincial government can only get dividends. Moreover, all taxes in Fujian Province must be paid in the Bank of China's silver dollars and paper money, and all the salaries of officials and the army will be paid in the Bank of China's banknotes. The funds of all government agencies and official enterprises in the province will also be deposited in the Bank of China!"

This is strong! Although the bankers here are still calm in their faces, they are already thinking about it.

It seems that Fujian Province is already the territory of Bank of China! Other banks can’t even drink soup if they go there! And with the iron-clad country of Fujian and the support of Changda Supervisor, Bank of China will be even stronger... And with the support of Bank of China as the backing of Bank of China, Chang Ruiqing will definitely be like a tiger! The combination of the two of them may really allow Bank of China to unify the Chinese currency market in the future!

Thinking of this, some people could no longer hold back. Chen Guangfu of Shanghai Commercial Savings Bank put down the teacup in his hand and said the first thing he said: "Mr. Zhang, I often supervise. Shanghai Commercial Savings Bank, which I manage, is willing to join the Bank of China, but... Chen thinks savings and credit business are the focus of future banking development, and hopes that Bank of China can increase investment in this regard."

"Okay!" Zhang Gongquan nodded with a smile: "BOC will establish a Bank of China savings bank operated by **, and Brother Guangfu can serve as a manager."

Chang Ruiqing also nodded slightly. Chen Guangfu was one of the most outstanding bankers in the history of the Republic of China. Under his management, Shanghai Commercial Savings Bank also became the fastest-growing bank at that time! It was indeed the best result that Bank of China could operate its savings business.

Zhang Gongquan looked at an old man with his legs crossed his legs and sitting on a sofa. This person was Yu Qiaqing, a famous industrialist on the beach. The Siming Bank he controlled was also a small bank in the beach, and had very close business dealings with money houses in Ningshao. If Siming Bank could be merged, the banknotes and silver dollars of the Bank of China would be unobstructed in the wealthy Ningshao area.

However, the old fox Yu Qiaqing has always been lukewarm and does not seem to be interested. Perhaps he noticed Zhang Gongquan's gaze, Yu Qiaqing showed a spring breeze-like smile and smiled at the other party: "Public Quan, Shanghai is Lu Zijia's territory after all, and General Zijia has always taken good care of us business people. Should you also count your 'Big China Bank Plan'?"

As soon as these words were said, several bankers present also echoed the question. After all, the Chinese world in Shanghai is Lu Yongxiang's world. They can ignore the attitude of the Beijing government, but cannot regard Lu Yongxiang as transparent! If Lu Yongxiang opposes this "big Chinese bank", then no one is willing to take the bank he has worked hard to establish and participate in the shares!

Zhang Gongquan looked motionless, but he just looked up at Chang Ruiqing. Chang Ruiqing laughed and took over the topic: "Lu Zijia, let's lobby for Lu Zijia! He will not fail to participate in such a good deal!"!~!

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