When Song Biao and Zhang Kangren designed the Northeastern financial system, the most subtle thing was precisely one point that the banking institutions of various countries did not consider - although the three Northeastern provinces have become a silver-standard economic zone, the main currency in circulation in the three Northeastern provinces is not silver.
But copper coins.
After copper yuan replaced copper coins, the copper yuan coupons circulating in the market can be directly replaced by silver yuan. Northeast Bank monopolized the issuance rights of copper yuan coupons and issued a large number of copper yuan coupons based on silver yuan. In actual use, the most basic one copper yuan
There is not much room for use of round copper coins. The most common ones are copper round coupons with face values of 5 yuan, 10 yuan, and 20 yuan.
Compared with the lack of trust in silver dollar coupons, copper dollar coupons can be widely circulated in the three northeastern provinces in a short period of time due to their small ticket value, easy circulation, and wide use.
As long as Northeastern soybeans can exchange 30 million pounds of foreign exchange for the Northeast Bank every year, and persist in reducing the total import volume, as long as there is a net inflow of 10 million pounds of foreign exchange every year, that is equivalent to the actual inflow of 105 million silver dollars into the three northeastern provinces.
on the market.
In the era of the gold and silver standard, if an investor enters the three northeastern provinces with 1 million pounds to start an industry, these pounds will be converted into 10.5 million silver dollars in the Northeast Bank, and the Northeast Bank and various commercial note-issuing banks will issue them on this basis.
Value 3000
With a currency of 10,000 silver yuan, investor A will be given another 10.5 million Guandong silver yuan coupons for operating in the Northeast. The remaining 19.5 million silver yuan coupons will continue to be used for credit to support the infrastructure construction of the three northeastern provinces. Investor A, including investor A, can also receive tens of millions of silver yuan coupons.
of loans.
This is what finance is like, and this is what the so-called government does.
…
Zheng Guiting has his own industry in Japan. The scale is not very large. He also serves as the general manager of the Far Eastern Commercial Bank's branch in Japan. Usually when imports are needed and Japanese products can satisfy them, the Far Eastern Commercial Bank will still consider low-priced Japanese products.
For example, in recent cement imports, Japanese cement sales accounted for 1/3 of the import market.
Zheng Guiting has his own method. Because Japan's domestic economy can only be described as miserable, the external market is very powerful. Therefore, when he decides to import Japanese cement, he will always purchase Japanese cement first on behalf of the Far East Commercial Bank.
The company's shares are arbitraged to offset part of the import payment.
Song Biao and Zheng Guiting briefly asked about the situation in Japan. Because the country has too much foreign debt and needs to repay huge amounts of interest every year, the government can only step up tax collection and reduce the scale of Japanese yen credit. The Japanese Army suffered a large-scale attack
Cutting and military factories are almost exclusively operating for the Northeastern New Army. The most bleak thing is the life of the Japanese people. Unemployment is a normal thing and a large number of factories have closed down.
After listening to Zheng Guiting's words, Song Biao said indifferently.
Now Japan is in a worse situation than Song Biao expected. The key is that the army was destroyed. It has not obtained any benefits from the three northeastern provinces except the Lushun military port. Britain and France have not continued to pay international debts, which has made the Japanese government's finances even more difficult.
On one side is the financial tightening policy, and on the other side is the tax increase policy. If both sides attack at the same time, it will be very difficult for Japanese companies.
Anyway, the matter had nothing to do with them. Zheng Guiting and Song Biao continued chatting as usual, saying: "I used to have a small textile factory in Japan and ran some real estate business. Now the recession is really at its limit. I have recently put down the business."
The factories and workers were moved to Jinzhou.
Workers can only follow me, otherwise they will not find new jobs if they stay in Japan. Today, the only textile factories in Japan that can continue to operate are those large factories owned by the Japanese chaebols. They rely on their monopoly to export raw silk to the United States and control Japan's economy.
exports, coupled with continued government support for these financial
Valve, they can also continue to dump goods at low prices to North Korea and domestically in exchange for silver assets. As for many small factories, there are also many in the three northeastern provinces, and some can only live like a year, which is incomparable with Japan's eight major textile companies.
A few days ago, I was investing in Jinzhou with
I met Mr. Zhang Bishi who runs a textile factory. He also recruits a lot of Japanese technicians. The salary is much cheaper than that of foreign technicians, and the difference in ability is not big. Therefore, if the textile industry in the three northeastern provinces can develop, I am afraid it will be better.
Thanks to the decline of Japan’s textile industry.”
Song Biao thought for a while and asked him: "When do you think Japan's economy will recover?"
Zheng Guiting thought for a moment and said: "In three or four years, the Japanese government will do everything it can. In any case, Japan still has considerable exports of raw silk and tea. With the decline of the national economy, domestic imports have decreased and exports cannot be maintained.
The yen will eventually be able to be maintained in a few years. As long as the yen can be issued more and the money supply is looser, the economy can recover again. Therefore, Japan is basically ensuring its own industrial base, and most small businesses are being replaced by large companies.
A share of corporate mergers.”
"That's it!"
Song Biao sighed.
Zheng Guiting said: "Then should we increase efforts to attract Japanese small businesses to enter the three northeastern provinces?"
Song Biao thought about it and said: "There is no need to strengthen this matter. It is a good thing that they are willing to come, and it is not a bad thing if they are unwilling to come. If Japan's economy recovers, will they go back again? We would rather go slower and lose each other.
It is better to use one's own market to cultivate and protect the foundation of Japan's economy.
Of course, you are talking about Japanese technicians, skilled workers, and Japanese teachers. Do you want to attract these people? I think we should attract them. Therefore, if necessary, we will place recruitment advertisements in Japan. We try our best to run factories and schools ourselves.
Even if the majority are Japanese, we will not give them the right to lead and purchase."
The internal meetings of the Far East Consortium are usually held once a quarter. The most important annual meeting is held between November and December every year. Because there are still many heads of subsidiaries who have not arrived in Dalian, it will take a few days to officially hold it.
This year’s annual meeting.
Now Song Biao has arrived ahead of schedule, Rong Xingqiao, Zhang Kangren, Zheng Guiting have arrived, Wu Yangzeng, the general manager of the Far East Mining Corporation, Chen Ronggui from the Cement Corporation, Shen Deyao from the Far East Steel Corporation, Pan Sichi from the Textile Corporation, Zheng Tingxiang from the Machinery General Factory
, Rong Yaoyuan of Shenyang Power Plant, Railway
Luo Guorui, Liang Puzhao from the head office, and Shu Fangxin from Xinhua Finance Company have also arrived. Wang Shuhan, the general manager of Yufeng Bank, and Kuang Rongguang from the Chemical Industry Corporation will arrive soon. Tang Jiechen, the new general manager of the Far East Grain and Animal Husbandry Corporation, will arrive from Shanghai in the near future.
Come here, this person was previously the comprador of Jardine Matheson.
Some of the main people were here at this time, and they happened to talk about Japan's economic problems, so we continued to analyze this topic.
The reason why the people of the Far East Consortium want to analyze the Japanese economy is precisely because everyone understands that Japan is in a basic stage of industrialization, and the three Northeastern provinces are heading in this direction. It is expected that in three or four years, the three Northeastern provinces and Japan
The conflict between economies will become very serious.
Therefore, it is necessary to understand the opponent thoroughly. Zheng Guiting has a very important task in Japan, which is to collect intelligence on various Japanese companies to facilitate the Far East Consortium to implement targeted decisions as a whole.
It’s not an annual meeting now, everyone just gathers together to chat and analyze while talking.
Japan's current exports mainly focus on four areas, raw silk, tea, coal, and textiles, followed by buttons, cigarettes, paper, clocks, kerosene lamps, soap, seafood, mirrors, sugar, and ceramics. As for hardware,
Kerosene, dyes, machinery, etc. are no match for Europe and the United States.
Japan mainly exports raw silk and tea to the United States, and the amount is still very high. First of all, it is the world's largest exporter of raw silk and the fifth largest exporter of tea. However, these two items cannot be sold to China, and its coal
, textiles and low-level industrial products such as buttons, soap, and paper are mainly sold to China and Southeast Asia, including Hong Kong. The prices are very low, and of course the quality is also the worst.
In addition, the clocks currently exported from Japan are not small mechanical watches, pocket watches, or wristwatches, but the kind of "clocks" that are displayed in homes.
The Far East Consortium is particularly targeted in these aspects, because the three northeastern provinces want to develop industry. In the beginning, they can only produce these low-level industrial products. The things produced by the Far East Consortium in the three northeastern provinces must not only meet the needs of the three northeastern provinces, but also meet the needs of the three northeastern provinces.
To meet the needs of the Chinese market, we also need to sell to Southeast Asia.
This year, the Far East Consortium has invested huge amounts of capital in the coal mining industry. In addition to Fushun Coal Mine, it has also invested in 34 coal mines including Fuzhou Haizhou Coal Mine, Liaoyang Qidashan Coal Mine, Tieling Coal Mine, and Kailuan Coal Mine, for a total of 36 coal mines.
Coal mines will start production within three years. Fushun Coal Mine, Haizhou Coal Mine and Qidashan Coal Mine are the three major open-pit coal mines with the largest investment scale.
Why is the Far Eastern Railway Corporation so anxious to give priority to the opening of the Fengfu Railway? It’s because the Haizhou Coal Mine in Fuzhou is an open-pit coal mine, and why it is so anxious to lay the railway to Chifeng, because an astonishing Yuanbao Mountain was also discovered in Chifeng.
Open pit coal mine.
Wu Yang once gave Song Biao an estimate. Around June next year, the total coal mining volume of coal mining companies affiliated to Far East Mining Corporation and Far East Steel Corporation will reach 300,000 tons per month, and will reach 500,000 tons by the end of next year.
tons, the Fengfu Railway and the Chijin Railway were probably opened in the first half of 1908. When the railway was opened on one side, large-scale coal mining on the other side began three months in advance.
With the four major open-pit coal mines working together and other coal mines, the coal mining volume in the three northeastern provinces will rapidly increase by 10 million tons/year within five years. This scale can not only meet the coal demand of the three northeastern provinces and the country, but also the entire country.
The demand for coal in Southeast Asia can also be exported to the United States, Mexico, Chile and other American countries. By then, even Japan will have to purchase coal mines from the Far East Consortium.
Because the mining prices of open-pit coal mines and mine coal mines are completely different concepts and cannot be compared at all.
Relative to Japan's total economic output, Japan's current coal mining industry is very large, but in the long run it may not be able to withstand the impact of coal mines in the three northeastern provinces unless Japan massively increases coal import tariffs.
There is no suspense about this matter.
Some people like to say that Japan does not mine its own coal mines, but buys coal from China and buries it in the sea. This is a rumor. Japan still had its own coal mining industry until the 21st century, and it has relied on government subsidies since the 1970s.
After Shandong was occupied by Germany, Yantai and Qingdao imported Japanese coal mines on a large scale. Before the Japanese textile industry was fully developed, Japan's largest export to China had always been coal mines, and Japan's coal mining total in 1905, excluding colonies, was
The volume has reached 13 million tons.
This may be something that many people don't think of.
The matter of the coal industry had already been discussed at the first annual meeting this year. Under the strong suggestions of Zheng Guiting and Wu Yangzeng, this matter was approved within the consortium very early. Everyone was trying every means to borrow money.
Funds were raised to seize the coal industry in the three northeastern provinces, and a large number of geological engineers were hired from abroad, especially from Russia and Germany. The mining bureaus of the three northeastern provinces worked together to find large coal mines in Liaoning and around the railway.
Chifeng is not under the jurisdiction of the three eastern provinces. Wu Yangzeng had previously been the general manager of the Kailuan Coal Mine. He had personally visited Chifeng and Chengde and knew that there were coal and iron mines in Chifeng. A few months ago, he secretly sent a team of German experts to explore.
The result was a big surprise. The specific results have not yet been released, and the railway is already in a hurry to be repaired.
This year's annual meeting will not talk about coal mines, because everything that needs to be discussed has been discussed. This year, according to the suggestions of Rong Xingqiao, Zheng Guiting and Pan Sichi, the main topic will be the textile industry, although Wu Yangzeng and Shen Deyao want to focus on the steel industry this year.
Regarding the discussion of key issues at the meeting, Song Biao currently thinks that this stance is unlikely, because everyone is still paying more attention to issues in the textile industry, mainly because the export scale of Japanese textiles to the three northeastern provinces is increasing.
The purpose of the Far East Consortium is the simplest. It has been fixed by Song Biao on "increasing exports and reducing imports" from the beginning. We are expected to discuss two key issues this year. One is the export of soybeans and the establishment of the oil processing industry.
.The second is the comprehensive preparation of the textile industry.
Steel is not a big problem. There are not many imports and not many exports. We are not busy yet.
Regarding the issues in the textile industry, Zheng Guiting and Pan Sichi prepared very detailed information. They were originally going to wait until the annual meeting to distribute it to everyone, but now they are taking it out for Song Biao to review. Rong Xingqiao and the others have already read it.
Right now we are waiting for Song Biao’s attitude after reading it.
The one prepared by Zheng Guiting is an overall report on the Japanese textile industry, while the one prepared by Pan Sichi is an overall report on the domestic textile industry and a summary report on imported textiles. They are actually three reports. Each one is four or five pages long.
Song Biao sat down on the sofa and watched slowly. Others also took this opportunity to watch it again, review it, and feel the threat of the Japanese textile industry to China and the Far East Consortium.
After reading it, Song Biao felt a lot and gained a lot of new understandings, which basically broke all his previous illusions.
The three reports summarized a total of six problems: 1. The overall level of the Japanese textile industry is not high; 2. The Japanese textile industry does not have a dumping problem in the strict sense in China and Southeast Asia. Its products have the worst quality and the lowest price. Compared with
In the domestic textile industry, the quality should be high and the price should not differ much; 3. The Japanese textile industry has generally realized that if it is
If China invests in setting up factories, the overall benefits can increase by about 10%. The Mitsui Consortium currently controls two large enterprises in the Shanghai textile industry, with a total of 45,000 spindles. In 1905, thanks to the Russo-Japanese War, the rate of return was as high as 20%.
This year’s annual rate of return has also stabilized at around 10%, which still has higher profitability than other textile factories in Shanghai;
4. Japan’s cost advantage is based on five aspects: low labor costs, low tariffs, low export taxes, low shipping costs, and low cotton costs. That is, Japan’s labor costs are low, the tariffs for entering the Chinese market are low, and the export taxes for exporting to foreign countries are almost
Equivalent to nothing, the shipping cost is much lower than that of European and American products, and the price of cotton purchased from North Korea is extremely low. With these five advantages
Compared with other foreign fabrics in the Chinese market, the price of Japanese textiles is too disparate. It gives the impression that the Japanese are dumping. In fact, this is not the case. Mitsui & Co., Ltd. is the largest textile manufacturer in Japan.
The profits from exporting to China are very huge, and its purchase of cotton at low prices in North Korea is forcibly protected by the Japanese government.
5. The overall problems of China's textile industry are small scale, tight working capital, poor technology, too few skilled workers and related machinery maintenance workers, low management level, and homogeneous product competition, mainly based on low-end cotton yarn processing.
Main. For example, the two textile factories acquired by Mitsui & Co., Ltd. in Shanghai, Yujin and Dachun, were due to the shortage of liquidity under the pressure of bank debt problems. As a result, Mitsui & Co., Ltd. only spent tens of thousands of taels of silver to rent out the two textile factories.
Come down and use the profits from the textile factory to buy the business again.
Now Mitsui & Co. has registered Shanghai Textile Co., Ltd. in Hong Kong to control two textile factories, Yujin and Dachun. The total share capital of the two textile factories is exactly 1 million taels of silver. Mitsui & Co.’s actual investment is only 110,000 taels.
It cost 35,000 taels of silver to buy 1/10 of Yujin's equity and lease the production rights, and then spent another 75,000 taels of silver to buy 1/10 of the equity and lease rights.
At present, more than half of the shares of these two textile factories are still in the hands of Chinese businessmen, compradors, and European and American foreign companies who have close ties with Japan. Mitsui & Co. is gradually buying out the shares with the profits of the factories themselves.
6. The total number of spindles in Shanghai's textile industry is now 300,000. Mitsui & Co. accounts for 15%. Zheng Guiting has received a very important news, that is, Japan's largest textile giant Osaka Gaijin Cotton Textile Co., Ltd. is ready to invest and build in Shanghai.
Factory, followed closely by Japan's other six major textile companies with similar plans.
If all these companies come, the eight major systems of Japan's textile industry in China will reappear in history. At that time, it will be really difficult for the Chinese textile industry to turn around... In fact, it is basically equivalent to declaring a reprieve for the Chinese textile industry.
Song Biao read all three textile industry reports in his hand. As soon as he dropped the report on his lap, Zheng Guiting couldn't wait to persuade Song Biao: "Sir, the textile industry in the three eastern provinces can no longer wait. China's textile industry
The industry cannot wait any longer. If Japan’s domestic market shrinks quickly, it will be difficult to recover within three to five years.
Su. Coupled with Mitsui & Co.’s successful investment in the Shanghai textile industry, it is a general trend for major Japanese textile companies to move to invest and set up factories in China. If we don’t make efforts now, major Japanese textile companies will occupy the leading position in the domestic textile industry later.
, it will be really difficult for us to regain the market."
Song Biao was forced to nod in agreement, and sighed with Rong Xingqiao, Zheng Guiting and others: "This year's annual meeting must discuss this matter, and next year's capital flow must also be quickly transferred to the textile industry. To build a steel plant, tens of millions
It's hard to see results even if you spend money on it, but just set up a textile factory
It's another matter. The steel industry needs to be developed, but the priority is still to develop the textile industry. We not only need to develop the textile industry, but also strive to achieve very large-scale results within three to five years, competing with Japanese textile factories.
Competition. What do you think? Let’s talk about it now.”
Pan Sichi said: "I have discussed with Zheng Guiting and President Rong before that if the textile industry in the three northeastern provinces and China is to be truly successful, we must first solve the problem of raw materials. Cotton cultivation must be well promoted; secondly, textile schools
It must be done, and it must be done in large quantities. We must cultivate our own textile industry talents in four aspects: management, technology, sales, and cotton planting.
They must be cultivated; thirdly, the dye industry must start from now on; fourthly, the textile industry must have certain supporting policies, especially local textile enterprises must strengthen support; fifthly, sales work must be grasped. Especially
Regarding the fifth point, the quality of Japanese textile products is not high. But its trademarks are very particular. For example, the best-selling brand in Shandong is currently
Golden dragons, goldfish, double deer, and flowers and butterflies are all specially designed by the Japanese. Their woven flower patterns are also popular among the people: peonies, fortune, longevity, dragons and phoenixes, five blessings, moon palace pictures, Guanyin delivering children, and carp jumping.
Longmen and the like, the quality of their fabrics is worse than that of foreigners, but better than ours, the price is about the same as ours, much lower than that of foreigners, and they have more varieties.
, and are particularly adapted to domestic needs. Neither we nor foreigners can compete with them. Therefore, when I talked about these with Zheng Guiting and General Director Rong, I felt that the gap between our textile industry and Japan is comprehensive, not one place.
The problem is that everything is poor, and everything needs to be caught up. Especially in the weaving, printing and dyeing parts, we must find a way."
Song Biao could only say "Yes".
Regarding these matters, as the governor of the three eastern provinces, there are few solutions he can take, that is, to focus on the local production of cotton. The rest can only be found within the Far East Consortium.
Zheng Guiting continued to tell everyone: "My point of view is this. Even if we set up the textile industry in the three northeastern provinces, because the tariffs on Japanese products are low, the price of our products sold from the three northeastern provinces to the customs is not much cheaper than Japan's.
If we want to comprehensively block Japanese textiles, we still have to find ways in Shanghai and Tianjin at the same time. Especially in Shanghai, companies such as Huigongmao, Ruiji, Hongyuan, and Xinchang
These old textile factories all have problems, and we can buy them and continue to operate them. For example, the Shanghai machine weaving layout has been turned over several times. It originally invested one million taels of silver, but in the end the management was very poor, and it was finally sold to an integrated company. The integrated company is
It's run by a British businessman, but it has a small capital base and can't sustain it, and now it's selling it. I think I can buy it. Our family has a lot of money, so it won't be a problem to sustain it for five or six years."
After he finished speaking, everyone looked at Pan Sichi, because Pan Sichi came from the Shanghai Machinery Weaving Layout and was the last general office of the weaving layout.
Pan Sichi was very embarrassed at this time. He was responsible for selling the Shanghai machine weaving layout to the British Integration Company. This integrated company was owned by Jardine Matheson and another smaller British-owned foreign company. In addition to Jardine Matheson,
It was jointly organized by Chinese businessmen and compradors from other banks, meaning "collected", hence the name Integrated Company, with a registered capital of 700,000 taels of silver and a paid-in capital of more than 500,000 taels.
Because of its small capital scale, Integrated Company managed to survive for several years, but now it cannot survive. Jardine Matheson & Co. has sold off its shares and fled. It is probably unlikely that other Chinese businessmen would like to continue to support the business.
Pan Sichi talked about the integration company called Ai. He also said: "Machine weaving was profitable in the early years, but it was over as soon as the Treaty of Shimonoseki was signed. Ten years ago, the Japanese textile industry was also
No. The real large-scale sales of Japanese textile products in China first started in Shandong, but that was only five or six years ago. However, Britain, France, the United States and other countries have most-favored-nation clauses, and they also sell foreign cloth at low taxes, especially American foreign cloth and
print
Duoyang cloth is very cheap. The weaving layout is different from that of a cotton yarn factory, so it is even more difficult to make money. But this factory has a thousand people, many of whom have worked for more than 20 years.
Skilled workers can make a profit when they are bought back. The key issues are: first, the price of dyes must be low and the quality must be decent; second, the original wages of weavers are a bit high, which is higher than that of weavers in Japan.
The salary is much higher. This is a must
Third, the pattern must be renovated. The pattern has been the same for more than ten years and it cannot be sold at all. I estimate that the integration company can sell it if they offer 400,000 taels of silver. If they don’t sell it this year, they will still have to sell it in two years. Those people
The mentality is that the factory can make no money. We can wait for the land price to rise for a few years, and then sell the land to make a profit. It is a good thing for us to buy the factory back, but if we really want to do this well, we really can't do it within three or four years.
,
The key is to continue to recruit technicians, train manpower, and weave new patterns every year. It is best for us to set up a textile school directly in Shanghai and develop it together with the three northeastern provinces. Otherwise, don’t bother with it. It won’t really cost you anything.
Well, here we will lose 100,000 yuan a year, and there we will lose 50,000 yuan. At the end of the year, no matter how big our family fortune is, we will not be able to sustain such a loss. There is no problem in losing money, but we have to think clearly about the strategy and when we can make money.
ah!"
Song Biao was very anxious after hearing this, but he didn't make a decision.
When the annual meeting is held, everyone comes over to discuss how to run the textile industry, and think clearly about policy strategies and long-term investment principles and steps. At this time, we will decide whether to buy a machine knitting layout.
To put it bluntly, China's textile industry is not easy to develop, and Japan's textile industry has also suffered through such hardships. There is no talk of dumping in China, because they are still making money after all, but they only make small profits but quick turnover.
It doesn't make any sense if you accuse others of dumping, because they have North Korean and cheap Japanese workers to exploit, so what can you do with them?
If it sells cheaper than you, there is always a reason why it is cheaper than you.
Of course, Japan has indeed dumped a lot of things in China. If it produces too much domestically and cannot sell it, it will definitely have to sell it to China at a low price, because China has the lowest tariffs and the largest population, so it cannot dump it here.
Scrap, where do you go?
Are they going to be dumped in the United States?
Whether it is trade and competition in the textile industry between China and Japan, or trade and competition in the economy between China and Japan, this is the overall situation!
It's no fun to frame others, the key is to work hard to develop yourself.
Anyway, Song Biao has now expressed his position. The Far East Consortium's annual meeting this year will definitely discuss the issue of the textile industry. In any case, starting from next year, we must come up with a comprehensive series of various methods to develop the textile industry in the three eastern provinces.
, to develop the textile industry of the Far East Consortium.
No matter how hard it is, we still have to fight against the Japanese.
There is no way around it. The Far East Consortium is now on the same level as consortiums such as Mitsui, Osaka, and Mitsubishi. Those Japanese consortiums have been on the capitalist road for ten years longer than the Far East Consortium. The Far East Consortium only needs to develop forward for four to five years.
, then we must fight to the death with Mitsui and Mitsubishi.
There's really no way.
The Far East Consortium can't build high-level industries, and Mitsui, Osaka, and Mitsubishi can't do it either, so everyone can only work hard on low-level industries. If you die, you'll be counted as one, and if you die, you'll lose a lot of sons.
If one consortium is killed, a bunch of small companies will be killed.
Now we are not talking about patriotism, heavy industry, steel and shipbuilding, or machinery and electrical appliances. Brothers and compatriots, survival comes first!
If you really have a lot of money to squander, why would the Far East Consortium find a German company to jointly build the Hanyeping Steel Plant?
The Far East Consortium now has one idea: Survival comes first, and the steel industry must be developed. It is enough to build a Liaoyang Iron and Steel Plant as a basic life and death guarantee for the bottom line. The rest are just bait. We will save the Liaoyang Iron and Steel Plant first.
As for machine tools, machinery, shipbuilding, electrical... Let's wait until the annual meeting in a few years. Let's start a shelf now. It's a small toss. Don't lose too much money. If you can partner up, do it. If you can bring others to lose, then do it.
Allowing others to suffer together, we should set up a technical secondary school for one industry. We will wait until the school has achieved results and there is no such urgent need for people. Then we can invest.
You said that a technical secondary school has dozens of teachers and hundreds of students graduate every year. That is impossible. The Far East Army Sergeant School you are talking about, Liaoyang Mining School and Liaoyang Metallurgical School each have only a dozen teachers. Every year
At most, forty or fifty people will graduate, which is considered good.
Don't look at the current huge structure of the Far East Consortium. This export is worth tens of millions of pounds. The establishment of the railway requires a large investment of tens of millions of pounds. Things cannot be viewed this way. Exports of tens of millions of pounds will only make a few million pounds in profit.
A million pounds, most of the railway investment was financed by loans, and foreigners were roped in to shoulder the burden. You would carry half, and I would carry half, and we would both die together.
In fact, the Far East Consortium is also a group of calculating owners.
If you don't plan carefully and break a penny in half, who will hold an annual meeting?
In a thousand words, the Far East Consortium is so fussy, and other national enterprises are even more difficult. The Japanese corporate consortium is similar. They work hard and work hard. If they can get 10% of the net income in a year, they will laugh sweeter than anyone else.
Business, that's what it is.
Perhaps the only good news for the Far East Consortium is that there are two banks, and one of them is the central bank of the three northeastern provinces. The Far East Consortium, which controls the Northeast Bank and the Far East Bank, actually has a very evil advantage, which makes the Far East
The consortium is in a relatively unfair competition situation in the three northeastern provinces.
In Shanghai, the Far East Consortium may not be able to defeat the Japanese foreign companies, but if it returns to the three northeastern provinces, it can really destroy the Japanese companies.
There is no way. In the final analysis, the Far East Consortium is the sole proprietorship of the Northeast King. The general directors and general offices can only be regarded as senior professional managers and partners who hold futures stocks. With Song Biao and the Northeast New Army as the backstage, the Far East Consortium is at least in the East.
The three provinces are moving sideways.
Therefore, Xinhua Finance Company, which has a military background, can also occupy various benefits within the Far East Consortium and collect money from its position.
{Piaotian Literature www.piaotian.net thanks all book friends for their support, your support is our greatest motivation}