The Sino-Japanese economic and trade war is not going to happen sooner or later, but it has been fighting since the signing of the "Sino-Japanese Trade Treaty" in 1872. It started in Yantai, Shandong, and expanded to Qingdao, Shanghai, Nagasaki, Kobe, and Osaka. The most intense areas are
In Incheon, North Korea, Chinese businessmen had always had the upper hand. It was not until the Sino-Japanese War of 1894-1899 and the Qing government signed the Treaty of Shimonoseki that the balance was completely lost.
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Song Biao inspected the development of the coal mining industry in Fushun for two days. Although the Far East Consortium was determined to develop the coal mining industry from the beginning, after the annual meeting in 1907, the investment direction gradually shifted to other mining and textile industries that were in short supply.
Industry, international trade, finance, minerals, textiles, grain and animal husbandry processing, metallurgy, port shipping, real estate, military industry, and chemical industry will be developed as the main ten pillar industries in the long-term stage.
As for the machinery, electrical, shipbuilding and other industries, the Far East Consortium currently has basically no strength to get involved. They are jointly operating with foreign small and medium-sized enterprises based on their local advantages and waiting for new opportunities.
In fact, in Song Biao's mind, the textile industry was as important as the coal industry, but the former had more pressing problems in the past ten years.
After inspecting Fushun, Song Biao continued to take the railway to Liaoyang to inspect metallurgy, machinery, chemicals, cement and other industries, and then took the newly opened Haijin Railway to Jinzhou. Along the way, he inspected the Liaodong Bay cotton planting area, Jinzhou, Haicheng, and Panjin.
In important areas for the promotion of new cotton, the New Deal Agricultural Bureaus in various places have cotton art institutes to promote long-staple cotton introduced from abroad.
The new Jinzhou Prefecture was actually located near Gaoqiao Town on the east side of Jinzhou Port. It was between Jin County and Huludao. When Yuan Shikai was the governor of Zhili, Song Biao had already negotiated with the Governor of Zhili to handle Jinzhou.
Regarding the issue of zoning, the original Jin County will continue to be a county. The entire Jinzhou Prefecture is divided into six counties, all of which are divided into six counties.
It is a major cotton promotion area. In order to promote cotton planting, Jinzhou Prefecture cooperated with the Far East Consortium to adopt the method of exchanging three acres of land for one acre, and moved local residents on a large scale north to Mudanjiang Prefecture of Jilin Province to expand the land area of local farmers in Jinzhou Prefecture.
Jinzhou Official Reclamation Bureau and Military Reclamation Bureau were established for large-scale planting.
Due to the cheap land price, the Far East Consortium purchased a large amount of land in the Gaoqiao and Jinzhou Port areas and applied for it as industrial and commercial land. It invested in the port here and hired German architects to plan and invest in the construction of the new Jinzhou City. It will be used as a base to build Jinfu, Jinhai,
There are five railways in Chijin, Fengjin, and Jinjing. Due to the excellent port conditions, the local area has two large port areas in the south and north from the initial design. The two port areas were built at the same time. North Port is a business area port, and South Port is an industrial area.
Concentrated area.
Because of the cold weather, Song Biao did not see vast tracts of cotton fields when he took the train all the way to Jinzhou Prefecture, but it was still significantly different from the Guannai area. The land here was obviously much larger in terms of the number of field ridges.
Each longdi has at least about one ridge.
Most of the land in Guandong is like this. One ridge is a long land, a military reclamation area, and an official reclamation area adopts the method of absorbing experience from the United States from the ground up to invest in the construction of agricultural machinery and follow the road of large-scale agricultural planting. The horse breeds equipped for the military and official reclamation areas are also
Most of them are Sidon River draft horses, which are large in size, strong in pulling power, and can withstand cold and rough feed.
Each official reclamation and military reclamation has a horse breeding station, and new horse breeds are cultivated for a long time according to the introduced horse breeds as required. Currently, the local Mongolian horse breeds are mainly used to improve the local Mongolian horse breeds with Belgian draft horses and Sidon River draft horses, and the breeding is more suitable for the Northeast.
Medium and heavy draft horses according to local characteristics and requirements.
Horses are indeed too important to China. Not only will the army need horses in large quantities in the next fifty years, but agricultural production will also still need horses in large quantities in the next fifty years.
At present, the three eastern provinces mainly import a large number of stallions from Europe and Russia through the Far East Railway, mainly European medium and heavy draft horses. About 3,000 stallions are introduced every month, and they are distributed to various breeding stations to match roughly five to
Ten local mares.
The rapid economic development of the three northeastern provinces must first ensure a large number of labor force. Even if the population increases rapidly, taking into account industrial, commercial and urbanization, the three northeastern provinces will still be in a situation of large land and sparse population for a long time in the next 50 years. The industrial and agricultural labor force
Both agricultural planting and rural transportation require a large number of horses. In addition, the agricultural characteristics of the three northeastern provinces are more similar to Europe, and there is a large demand for military draft horses. This further forces the three northeastern provinces to comprehensively strengthen draft horses.
Cultivation, reproduction and promotion work.
For example, in Heilongjiang Province, half of the land belongs to official and military reclamation areas. The cultivation of these lands basically requires a large number of draft horses. Even military reclamation and official forest farms also require a large number of draft horses for transportation.
Relying on building railways to improve transportation is too expensive and difficult to construct.
Due to the high demand for horse breeds, it is currently impossible to talk about which specific stallions will be introduced in the three northeastern provinces. Belgium, Germany, and Russia are the main places where stallions are introduced. This is also related to railway transportation.
There are relatively few official and military reclamation areas in Jinzhou, and there are more than 20 horse breeding stations scattered around. Fuzhou, 60 kilometers away from Jinzhou, has the largest horse breeding base and military reclamation and pastoral area in Asia. Previously, the Qing government established
There are three traditional military horse ranches in the region, which are located in Xiaolinghe and Panjin Yingkou. They have a huge number of horses. With the large and small Linghe, Panjin, and Yingkou
After Song Biao took over the reclamation of land, these three major horse farms were canceled and concentrated in the northern area of Fuzhou. The Liaoxi Military and Animal Husbandry Bureau was established to have unified jurisdiction, covering an area of about 7 million acres of mid-mountain land and grassland.
Initially, half of the land in northern Fuxin and eastern Horqin Prairie was beyond the jurisdiction of the three eastern provinces. At the request of the three eastern provinces, they have now been placed under the jurisdiction of Fengtian Province.
The expansion of land jurisdiction in the three eastern provinces is relatively obvious, and the central court of the Qing government has always been very tolerant of this. Including the transfer of Chifeng to the Liaoxi Military and Animal Husbandry Bureau of the three eastern provinces, the Qing government did not object. The reason why Song Biao
The insistence that the Chifeng area be included in the three northeastern provinces actually values the local mineral resources.
In the past three years, the jurisdiction of Fengtian Province has expanded by nearly a quarter, and all the newly added land has been assigned to the Liaoxi Military and Animal Husbandry Bureau.
With the establishment of the Military and Animal Husbandry Bureau in Western Liaoning, the two official ranches in Jinzhou's jurisdiction were cancelled, freeing up more than three million acres of land. Jinzhou's cotton planting industry began to prosper rapidly. Jinzhou's special geographical location and port
The conditions have subsequently become a key investment and development area for the Far East Consortium.
Song Biao's first stop when he inspected Jinzhou was not the 1st Cavalry Brigade of the Northeastern New Army, which was undergoing training here, but Zhang Bishi's Jinzhou Yuchang Textile General Factory. This textile factory was a large-scale factory established by Zhang Bishi in Jinzhou, together with the Far East Textile General Factory.
The factory jointly invested 20 million
Yuan. In addition, loans of 14 million silver yuan were borrowed from various banks. Zhang Bishi accounted for 70% of the shares and the Far East Textile General Factory accounted for 30%. It is currently the textile factory with the largest investment in the three eastern provinces. After it is fully put into operation, it will have 800,000 spindles and 200,000 spindles.
Production capacity of cotton yarn bales.
Even though there are so many new industrial enterprises in the three northeastern provinces, there are very few companies with huge investments. Even if there are, most of them are leading enterprises under the Far East Consortium that support the industrial and commercial development of the entire three northeastern provinces.
A big Nanyang businessman like Zhang Bishi must have something special. The first person to propose the development of Jinzhou was not the Far East Consortium nor Song Biao, but him. Before investing in the three eastern provinces, Zhang Bishi specially sent people to communicate with Song Biao.
After that, he personally visited Song Biao and was very enthusiastic about investing and setting up a factory with the Far East Trading Company. Rong Xingqiao and Pan Sichi initially planned to invest in a textile factory in Jinzhou. After Zhang Bishi made his own inspections, he decided to set up a factory in Jinzhou.
There are three reasons why Zhang Bishi set up a factory in Jinzhou. First, hundreds of miles around Jinzhou are good places for growing cotton; second, Jinzhou's port conditions are excellent; third, Jinzhou is located at the throat of the Beijing-Fengcheng Railway, so he set up a factory here.
, you can purchase cotton from Zhili and the three northeastern provinces at the same time, and sell it to Zhili, the three northeastern provinces, Jiangsu, Zhejiang, Nanyang and North Korea at the same time.
In addition, Zhang Bishi calculated a lot of accounts, even taking climate costs into consideration. In the end, he purchased a large amount of real estate in Jinzhou to build a new factory. He also invested in the establishment of a port with the Far East Consortium and established his own shipping company and real estate company.
The development over the past few years has finally proved that they do have vision and foresight. At the annual meeting of 1907, the Far East Consortium decided to further invest in a large-scale textile factory. In addition to Shenyang New District, the second choice location was also moved from Jinzhou to
Jinzhou.
Hearing that Song Biao's special train was about to arrive at Jinzhou Railway Station, Zhang Bishi took his family and key employees of the factory to wait at the train station very early. When the dark blue train stopped on the platform, Zhang Bishi, who was already over sixty years old,
He couldn't wait to lead everyone forward to greet him.
After waiting for a few minutes, Song Biao walked out of the special train and saw Zhang Bishi and others outside the wall of soldiers in front. He had seen them twice before. Song Biao had always been deeply impressed by Zhang Bishi, not to mention Zhang Bishi was there.
In China, he always wore the official uniform of a third-rank official of the Qing Dynasty and a poinsettia crown. When he stepped out of the train, he was dozens of steps away, and Song Biao could recognize the richest man in Southeast Asia in the crowd.
After the guard camp and the local garrison were released, Zhang Bishi led a group of dozens of people and hurried forward. He bowed his hands to Song Biao and said, "I'm going to the Ministry of Commerce to inspect other places. The Minister of Commerce, Zhang Bishi, has met the Governor-General."
Song Biao looked at Zhang Bishi succinctly, smiled because of his official uniform of the third grade, and said to Zhang Bishi: "Zhang Shang, I came to Jinzhou this time just to talk to you about something important. Let's go first.
Let’s take a look at the textile factory.”
Zhang Bishi immediately replied: "The lower officials have already made arrangements, and I have asked you to get on the sedan chair. The sedan chair and carriage have been prepared, but I don't know how you would like to travel instead?"
Song Biao said: "Take the carriage, there are animals available, why do you have to work hard for others?"
After saying this, he pointed to the many blue-gray carriages prepared by the military department in front, and motioned for him and Zhang Bishi to leave the platform together.
After leaving the train station, Song Biao took the carriage prepared by Zhang Bishi and rode quickly all the way to Yuchang Textile Factory. Twenty million silver dollars was needed to build a factory. How could the scale of this factory be small? What's more, this factory was in Jinzhou.
, when the factory was built in the port a few years ago, the area was still empty except for fishing villages, and land prices were low.
The entire factory covers an area of more than 400 acres and has six factory areas, including cotton processing, spinning, weaving, printing and dyeing, and sizing. In order to solve the problem of high prices of imported dyes, Zhang Bishi not only commissioned Far East like other textile factories
The Textile Corporation purchased directly from Germany and the United States through the Far East Commercial Bank. At the same time, it invested in the Far East Dye Factory founded by the Far East Chemical Corporation and participated in the development of the dye industry in the three eastern provinces.
Most of the staff and technicians were hired by him from Nanyang and the Netherlands, and there were also many newly hired Japanese technicians. The apprentices were trained locally. In the past few years, they have slowly developed and started gradually. Relying on low prices and
Moderate quality occupies a very good market in Zhili and the three provinces.
Song Biao followed Zhang Bishi on a tour of the textile factory. After walking around among the roaring machinery and equipment, there were many things that he did not understand. Because of the large-scale import of machinery and equipment from the United States and France, these equipments were
It is currently the most advanced. Some even adopt
Powered by an AC motor, the machine rotates at extremely high speeds, rattling, turning laterally, and rolling up and down, especially those textile machines. Thousands of textile heads are constantly weaving up and down rapidly, and local workers are busy working in the machine room.
It seems like taking a very big risk.
Although the principles of machinery are very simple, in terms of specific design, the textile machines at this time were developed after a hundred years of gradual improvement. The design is highly complex, taking into account various situations and needs.
, so much so that even Song Biao felt a headache at first glance.
Standing in this large factory, Song Biao had to lament that the era of manpower and handicrafts had passed. Now is the era of large industry. If it cannot keep up with this pace, it will definitely become a backward country.
A textile factory with an investment of 20 million silver dollars is considered a medium-sized textile factory even in the United States. However, there are many factories of this size in the United States, and in China, there are currently only two. The other one is the Far East Textile Corporation, which is also located in Shenyang New District.
factory.
Although the cumulative investment scale of the Shanghai Textile Bureau, taking into account the gradual depreciation rate of silver, does not add up to less than the current 20 million silver dollars, the investment deductions and false claims of the government-run factories combined are estimated to be only a few dollars at most.
Millions of dollars of funding have been put into practice.
After visiting the factory, Song Biao and Zhang Bishi took a walk on the tree-lined road in the factory area. While walking and talking, they asked about the current situation of Yuchang Textile General Factory.
After chatting for a while, Song Biao said to Zhang Bishi with deep feelings: "It is not easy to rise as a national industry. Equipment is easy to buy, but it is difficult to train workers. I see that most of the workers here are young, and you need foreign technicians to help with everything. But
I don’t think it will be easy to run your factory."
Zhang Bishi sighed and said: "In the past, I mostly did business in Nanyang. I ran tin mines, ran shipping companies, set up many reclamation parks, sugar factories and rubber factories. Only this time the textile factory was the most popular."
Difficulty, I just don’t know what the situation is like at the Far East Textile General Factory run by Pan Sichi in Shenyang New District? I heard that he mostly uses Russian technicians there. Although the cost is high, the progress is going smoothly."
Song Biao said: "Pan Sichi recruited some skilled workers and technicians from Shanghai, and established a branch factory in partnership with Russian businessmen. In addition, he recruited more Russian technicians, so the operation will naturally be smoother. He opened a Shenyang factory last year
Textile technical school
The effect of training technicians locally is good. It is going smoothly for him, and he is sure to make money, but there is not much profit. First of all, Japan has always adopted a low-price strategy in our country's market, and the prices of some types are even lower than those of the General Textile Factory.
Cost price, Japan is in their
The machinery has been purchased a long time ago, the workers are skilled, the production efficiency is high, and the tariffs are low. In addition, the cost of purchasing cotton from North Korea is low, so the price is naturally low. Half of our technicians and technicians are hired at high prices, and dyes are also imported. Indeed,
It’s a big disadvantage. Secondly
It is difficult to train our workers, and it often takes one or two years to graduate. There are too few technicians who are proficient in machinery, and they all rely on foreigners. It is very common for foreign technicians to grind down foreign workers. Work is often delayed for several months without any reason, and dozens of machines are stopped.
There."
Zhang Bishi could only sigh in the same way and said: "What you said is true. It is not easy to run an industry in China, but it is already pretty good in the three northeastern provinces. This investment in the textile industry is almost half of my worth here. Fortunately, there are many
Everything was done by the Far Eastern Commercial Bank and the yamen in the three eastern provinces, such as the establishment of a large number of textile schools, the promotion of new cotton varieties, the construction of railways, and power plants. All aspects have been completed. I
At present, I feel that as long as we can survive the most difficult three years, the textile industry in the three northeastern provinces has great potential. Unfortunately, the excessive taxes and miscellaneous taxes in Zhili are so heavy that the price of cotton in Zhili is too high. The cotton price is high and the profit is thin, so farmers are unwilling to plant it.
, otherwise by harvesting cotton in two places, Jinzhou’s textile industry will definitely have great potential. Even so, I still think that the hope of China’s textile industry lies in the three eastern provinces, and the textile industry in the three eastern provinces is in Jinzhou.”
Song Biao nodded in agreement and said, "You are absolutely right."
Zhang Bishi added: "Japan's current domestic market is small, and the textile industry's production capacity is expanding day by day. Half of the market demand depends on exports to my country, and prices are kept very low. This is also a bad thing. Since the opening of the three eastern provinces, businessmen from various countries have mostly When investing in setting up factories, all profits were used to borrow money or expand the factory, and not many investors actually cashed in their banknotes. Japanese businessmen cashed in as much money as they could, eager to drain the banks of the three provinces."
While the two were talking, they had already walked outside Zhang Bishi's office building. Then they entered his office together and sat down here. Zhang Bishi took out two boxes of exquisitely packaged wine and presented them to him, saying: "This is my investment office in Yantai, Shandong.
Produced by the winery, I wanted to entertain the Governor at the banquet today, so I would like to ask you to accept this small gift from me."
Song Biao took it out and looked at it for a while. He felt that it was still very good. He smiled at Zhang Bishi and said, "Your winery is doing very well. I heard that there are a lot of wild grapes in the Changbai Mountain area. If you are interested in investing in one in the three northeastern provinces,
The winery, I’m definitely very welcome to.”
Zhang Bishi laughed heartily, sat down and sighed with Song Biao: "I have more ambition than strength. I am already old. If I were ten years younger, I would definitely go to the Changbai Mountain area to inspect it. Besides, the establishment of this textile factory cost almost
Half of my family wealth has been lost, and in these two
I have spent all my efforts and energy during the year. Although I am making a profit now, it will be hard to say when taxes start to be collected next year... I should still be able to make money, but the investment scale is huge. If it competes with the Japanese cloth,
If you get up, you will definitely suffer a loss in terms of price.”
After a pause, he continued: "A few days ago, Pan Sichi and I talked about Japanese foreign cloth. Speaking of it, the Japanese are also very good at doing business. The brands of foreign cloth are very good, and the colors and patterns are even closer.
What our local people like, although the quality is poor, the price is low, go for
Small profits but quick turnover. The quality of our textiles is not as good as the foreign cloths of Britain, France and Germany. So we can only learn the Japanese method. However, weaving patterns and colors requires technicians and masters who can draw pictures and weave threads. At the moment, we can only
Although hiring technicians from Japan and France can be an emergency solution, it is not a long-term solution."
Song Biao nodded slightly and said: "These matters have been considered in the Far East, as well as by the New Government Bureau and the Research Bureau of the Governor's Office. They started to deal with them last year. Now we have opened four textile schools in the three provinces of the East, specializing in textiles.
It is estimated that after five or six years of cultivating talents in this field, these problems will not be a big problem. Today, Japanese textiles account for half of the domestic imported textile market, and exports to China every year
More than 40 million yuan, it is definitely not an option to continue like this, but it is not easy to deal with this matter in three or four years. Pan Sichi and Rong Xingqiao have both reported this matter to me, and it is estimated that it will take five years to gradually resolve the matter.
To have the ability to compete with Japanese textiles in the long term, I can only say that I am taking my time. In the past five years, I will let all bureaus pay attention to the issues that need to be solved by the Governor's Office, and we will try our best to find solutions."
Zhang Bishi praised: "Your words are enough, and I feel relieved. But I also want to ask the Governor whether you can increase the tariff on Japan's exports to the three northeastern provinces. I have also discussed it with Yu Qiaqing and the others.
, the imperial court really can’t count on it, everyone is willing to invest and set up factories in the three northeastern provinces, because they are watching you take charge in the three northeastern provinces, and they will never let us suffer."
Song Biao replied: "There is definitely no way to talk about export taxes separately in these years, because the tariffs in the three northeastern provinces are still subject to the treaties signed by the Qing government and other countries. But this matter will not always be unresolved. I have it in my heart. For the time being.
After all, there are still some pitiful tariffs blocking it. As long as our own costs are lower than Japan's and the quality is no worse than them, it won't be a big problem. When doing business, there are always various tricks and tricks.
You all should work harder and think more about new things.
Law, new tactics, more decoration, more publicity. I am now afraid of Japanese companies investing in China. We cannot directly set restrictions on Japanese companies legally. We can only find ways to provide credit to various banks, and other
We can only rely on companies to figure out countermeasures for each other. In a word, there are limits to what the government can do. All we can do is to provide support to the entire industry as much as possible and maintain a fair competitive market.
For other things, we can only rely on the efforts of the industrialists themselves."
Zhang Bishi continued to agree: "Your Majesty, the governor-general of the three eastern provinces can do this. Those of us who run factories really understand it in our hearts, and we are really satisfied and very happy. Since your Excellency specially came to inspect my factory today, Zhang Bishi
, I, Zhang Bishi, am here to express my position to you. The environment in the three northeastern provinces is so good. I plan to spend all my money to invest and set up factories in the three northeastern provinces. There are 400 million people in China.
The textile industry has great prospects ahead. I plan to discuss with General Director Pan of the Far East Textile Corporation to invest another 20 million silver dollars on the current basis, and to expand the scale of Jinzhou Textile School and continue to support it in Tianjin and Shanghai.
Open two textile schools to cultivate talents. Since we have invested half of our wealth in the textile industry, we must develop this industry to give face to us Chinese people."
Song Biao clapped his hands and praised: "Great. General Manager Zhang has such courage and determination. It is really a blessing for China's industry. It is a blessing for China's textile industry. But when it comes to investment, I happened to think of another thing. I heard
General Manager Zhang has invested in many rubber plantations in Nanyang and is very experienced in this field. I would like to invest in this field. Some time ago, someone introduced me to the newly appointed Governor of Guangdong and Guangxi, Zhang Renjun.
,talk
When it came time to check whether Hainan Island was suitable for planting rubber trees, he was very interested in my idea and was willing to support me. However, you also know that the court had some criticisms of me, including the recent quarrel, and the Far East Trading Company was indeed
No one knows anything about rubber. After some consideration, I want to cooperate with you, or ask you to help me work on the stage. Our two families will jointly operate the entire rubber planting industry in Hainan Island."
Zhang Bishi was quite surprised and said: "Of course that's the best. Since there are two governors who can lead the way, it can definitely be done. But I don't know how many acres of rubber plantation the governor plans to buy?"
Song Biao said: "Approximately how many acres of rubber plantations have you planted in Nanyang?"
Zhang Bishi said: "About 60,000 acres. It is scattered in more than ten places. If the rubber plantation is too large, it is easy to cause problems. Especially if it gets infected, the entire production capacity will be reduced. There are also problems with too many workers. It is not easy to recruit.
, so a rubber plantation is usually about four to five thousand acres, and usually six to seventy workers are enough to manage it.
It is also convenient to manage. When busy, hundreds of temporary workers are urgently recruited. Fortunately, the price of rubber has increased slightly every year. Now the market is good. Generally speaking, it is more profitable than running a factory. It depends on the specific management level. If the management is not good,
There are also losses, and if you encounter wind, rain, or insect pests, that’s pretty bad.”
Song Biao continued to ask him: "How much rubber is generally produced, how much is the income, and what is the current demand in the global market?"
Zhang Bishi said: "My rubber plantations are all old forests that are more than 20 years old. They produce a relatively large amount of rubber. Usually, the harvest of dry rubber is close to 300 pounds per acre. New plantations that produce new rubber usually only have 100 pounds per acre."
Eighty pounds will gradually increase to 300 pounds in about ten years. Thirty pounds
The harvest gradually declines after the new year, and it is usually necessary to cut it down and replant it at this time. The 140,000 acres of forest here produced 18 million pounds of dry glue last year, with a price of two shillings per pound, and an income of about 100,000 pounds.
Seven hundred thousand pounds, fully calculated, after deducting all expenses and the earliest
I invested almost one million pounds last year. Of course, I never thought that this business would be so good. Six years ago, the annual profit was only a few hundred thousand pounds. I heard that the United States imported it last year.
The total price of rubber exceeds 10 million pounds, and it is also the country with the highest import of rubber in the world. More than half of the world's market is in the United States. In other words, the total global rubber import and export volume is now about 20 million pounds, and the United States imports
First, Germany and France are second, and the UK is relatively far behind."
Song Biao had previously collected some information related to the rubber industry, but it was purely related to planting technology and botany, and he knew nothing about the market, plantation management, etc.
After listening to Zhang Bishi, the Nanyang rubber king, Song Biao finally understood the account involved.
If the price eventually rises to 12 shillings per pound as history says, the United States will have to pay 50 million pounds in foreign exchange every year just to import rubber. From this point of view, Yu Qi said that this rubber financial crisis will clear up the world.
The main culprit for the collapse of the dynasty was the financial war waged by Jewish capitalists against the United States. That is why the U.S. government introduced laws to restrict the import of rubber to end this financial war.
In this era, fifty million pounds is definitely a huge amount of money, and it will eventually be turned into gold. No matter how much foreign exchange the United States earns from exports each year, or how much gold flows in every year, it will ultimately not be able to stop the madness of rubber. Previously, oil and other agricultural products have
All the pounds earned in the field will be spit back to the European plutocrats.
Zhang Bishi said that he invested 20 million silver dollars to account for half of his net worth. This is absolutely a lie. No businessman would tell the government his actual total assets. At this time, Zhang Bishi was not only one of the rubber industry kings in Nanyang, but also a real sugar industry leader.
One of the kings, he even occupies a large share in the import and export of tea in Java, Indonesia. He is stronger than Huang Zhonghan, another sugar king.
Some people say that Zhang Bishi's net worth at his peak was about 80 million US dollars. This should be a lie, because rubber is really a good thing, especially during the First World War. The total transaction volume of the international rubber market was as high as 780 million US dollars.
In pounds, the price of rubber is almost as high as the peak of 1910. And not everyone can buy it, because all ships, cars, submarines, and airplanes need rubber. Even artillery requires rubber.
The rubber industry is a very miraculous undertaking. After the collapse of the rubber bubble in 1910, more than 80% of the world's rubber plantations were razed. New investments in rubber plantations in the past few years were not spared. But by 1914, rubber plantations
The price soared magically again. Even between 1915 and 1916, it far exceeded the price in 1910. A pound of rubber was worth a pound of gold.
If you step in during the lowest period, you can actually buy the entire rubber planting industry with only a few million pounds. After a few years, you can reap a huge fortune of 780 million pounds. Just sit back and watch the Allies and Allied Powers continue to consume rubber in the world war.
.
Song Biao thought about it for a moment and said to Zhang Bishi: "I recently heard some rumors from foreign banks. It is said that some powerful European capitalists want to invest in the rubber industry, raise rubber prices, stimulate stock growth, and at the same time use
High rubber prices have hit the U.S. economy.
I suggest you register your rubber plantation in the Netherlands as a company and list it in the UK. If you cash out part of it at the right time, you should be able to earn a huge fee. I also recently want to buy a large amount of rubber stocks in the London market and wait for the stock price to grow.
Then sell it and get the price difference."
Zhang Bishi thought for a while and said: "It should be very possible. The rubber market is indeed very good now, and rubber is something that cannot be stored for a long time. It is best to replace it after one or two years, even if it is unprocessed dry rubber.
It can only be kept in your hands for about a year. Since the Governor is interested in doing this business, I can help, but I don’t know how reliable this news is?"
Song Biao said: "It's very reliable. Don't ask too many specific questions. Just trust my source."
Zhang Bishi pondered for a long time and said: "Since the Governor is so sure, then I will give it a try. In fact, I recently had the idea of running a Nanyang Rubber Company in partnership with other Indonesian businessmen and Dutch businessmen, just because my rubber plantation is producing high yields.
In the future, I really can’t bear to give up the profit merger, so I might as well take a gamble now.”
Song Biao said: "It is not necessary to register as a Nanyang Rubber Company. You might as well see if you can register as a Netherlands-Indonesia Rubber Company. This will be more attractive in the international market and be larger in scale. Even if you have a little more working capital, you will have a larger share."
If possible, I would also like to spend some money to occupy the shares. If not, forget it. Anyway, there are other rubber stocks in the market that can be pursued."
Zhang Bishi said: "I'll try my best to help. Theoretically, it shouldn't be a big problem. I just don't know how much money the Governor-General expects to be able to split the shares?"
Song Biao calculated it and said: "I have about ten million pounds in cash, half of which are long-term loans from foreign banks. I will misappropriate it to this project first, and use five million pounds to give it to you."
The company increased its shares and another £5 million was used to purchase shares on the London Stock Exchange."
Zhang Bishi said: "I'm afraid I won't be able to afford five million pounds here. I can absorb more than one million pounds as new shares at most. The largest rubber companies now are the British Colonial Rubber Company, the Anglo-Dutch Rubber Company and the French Colonial Rubber Company.
These three companies are large rubber companies that were merged with the shares of colonial investors, accounting for about 1/2 of the international rubber supply market.
With a market share of 3.3, the equity is very dispersed. The current total market value of the three companies is actually only about 40 million pounds. If the news is true, you'd better eat and exit quickly, because these stocks are all large-cap stocks.
Ordinary small businessmen cannot afford to invest in stocks with a high price of tens of pounds. Once there is a large-scale sell-off, it will be an avalanche of bad market conditions."
Song Biao nodded slightly.
Regarding this matter, Song Biao once discussed this matter carefully with Zhang Kangren. Zhang Kangren suggested that Song Biao directly purchase one-year futures in the London and Chicago futures markets. During this period, the price per pound of rubber in the London futures market has slowly increased to
2 shillings and 7 pence are slowly rising towards 3 shillings.
If the actual price can rise to 10 shillings, you can earn about 4 times the profit, and investing in securities should be similar. It just depends on the capacity and scope of speculation of the two markets. Because the scope of securities investment is large, theoretically it has a greater margin.
room for growth.
Zhang Kangren provided another suggestion to Song Biao, which is to buy long-term contracts in the futures market and mortgage the contracts to banks in exchange for funds to buy stocks. He just considered that the current capital market is a seller's market and loan interest rates are high unless prices skyrocket.
More than 15%, otherwise this kind of speculation will not only not make much profit, but also bear great risks.
Song Biao decided to take a gamble. He actually didn't have much working capital in hand. Instead, he mortgaged the shares of Petroleos Mexicanos, which had already produced oil, to foreign banks, raising about seven million pounds from it, plus other
Some funds were collected to cover the cost of 10 million pounds.
If Song Biao used borrowed money to buy futures and then borrowed money to buy securities, he would only make money. If he didn't make money, he would suffer too much. The huge interest on the two borrowings could cut off all the profits of Far East Commercial Bank's main business.
The Far Eastern Trading Company sold 1.12 million tons of soybeans in the international market before December 1907. Including its own 40,000 acres of land to cultivate fine bean seeds and plant soybeans, the overall income was 7.22 million pounds. This is the real main business of the Far Eastern Trading Company. However,
, the Far Eastern Commercial Bank itself invested heavily in industry through bank lending. Even excluding railway investment, which also relied on foreign debt, the cumulative total investment in various industries in 1907 reached 63.4 million silver dollars.
In other words, even if all kinds of real estate are included, Far Eastern Commercial Bank's debt ratio is very high. It can operate normally because it adopts internal debt methods, and most of its debts come from Far Eastern Bank.
In the past two years, Song Biao has hardly withdrawn a penny of profits from the Far East Commercial Bank for military expenditures. He has used hidden taxes, issuance of government bonds, borrowing funds from other banks, and other foreign aid to ensure that
expansion of the army.
Song Biao, who seems to be as stable as a mountain, has actually been taking risks.
Although there is an erupting gold mine waiting for him in Pemex, and there are currently six oil wells with medium and high output of several thousand tons, it is still far away from the actual explosion. Even if it is sold now, it will be worth at most one thousand.
million pounds, which is why he was able to borrow only seven million pounds from the Rockefeller Foundation through Cones Vanderbilt's introduction.
Development is always unpredictable. Maybe others can develop the legendary oil well with a daily output of 10,000 tons in the next few years, but it is normal for you to be unable to bear fruit. There is no need to blame others.
God is very fair most of the time.
Song Biao, who was spending money like water, had to find a way to make a bet. If he failed, he would sell Pemex, which may be worth over 100 million pounds, to the American Standard Oil Company at a low price of 7 million pounds.
If that were the case, Song Biao would definitely find a piece of tofu and kill him. (Your support on this site..com is my biggest motivation.)
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