After hearing Wang Yongjiang say the number of 200 million, everyone present was shocked. Even Zhang Zuoxiang opened his mouth wide and asked after a long while: "Governor Wang, you didn't say an extra zero, did you?
I calculated that the cost of arms and military pay, plus military personnel’s pensions, and reorganization costs should not exceed 30 million. Isn’t 200 million too shocking?”
"Commander Auxiliary, the military expenditure is indeed not much, but Fengtian is the economic center of the three eastern provinces. Recently, a large number of investors and businessmen from Beijing, Tianjin and other places have gathered in Fengtian. The entire industry and commerce is very prosperous, and a large amount of funds are pouring in. Now there is a war.
Many investors have lost confidence, and the amount of capital lost is quite staggering, resulting in more than 70% of our losses."
Most of the minds of Zhang Zuoxiang and others were still stuck in the agricultural era. At that time, the cost of fighting was not high. Even ordinary soldiers had to provide their own weapons and food. The government was mainly responsible for direct military-related expenses.
But in the industrial age, the situation is completely different. Although Fengtian has not entered the industrial age, it is still standing on the threshold. The impact of internal strife on the social economy is really too great. Wang Yongjiang's estimated loss of 200 million is still relatively high.
Conservative.
From the rise of the May 4th Movement, Zhang Zuolin's plan to enter the customs, to the final elimination of Guo Songling's rebels, it lasted about a month and a half, and the actual fighting lasted only about twenty days. However, during these twenty days, the hare rose and fell, and the pace of change was rapid.
, it is simply unacceptable. The Beiyang and Feng cliques, and even the Japanese, have intervened, and the losses caused are mainly reflected in three aspects.
The first is direct war losses, including military expenditures, soldiers' pension expenditures, damage to urban reconstruction, civilian appeasement, etc., totaling about 42 million. For Fengjun, this expenditure can barely support it.
The second item is the large-scale transfer and flight of domestic capital. The three northeastern provinces are engaged in industrialization, which will naturally attract a large amount of capital from various places. The driving force for these capitals to enter Fengtian is, on the one hand, preferential policies, and on the other hand, the strong military of Fengtian.
Without force, no one dares to put huge investments in an unsafe place.
However, after the civil strife broke out, Fengjun’s leadership underwent a major reshuffle, and everyone hesitated about future policies. In addition, fighting broke out in Fengtian, the economic center. The shock was too great.
Safety has also been questioned by all parties. Starting from Zhang Zuolin's sudden assassination, a large number of investors withdrew their capital.
The third loss was due to the Japanese intervention. A large number of Japanese companies took the opportunity to hoard and disrupt the market. This, coupled with the direct threat of war against Japan, made everyone doubt the future of Fengjun. It also accelerated the capital investment
The tendency to flee.
War in the industrial age is completely different from that in the agricultural age. If you win, the benefits will be multiplied. Likewise, the damage caused by civil war and failure will also be multiplied, and even lead to collapse. The two superpowers of later generations have
It was a failure in a local war that affected the fate of the country. It even forced the accelerated disintegration of an empire.
Wang Yongjiang explained these losses to everyone, and then said: "Take the North Market as an example. Normally, there are millions of yuan and tens of millions of materials flowing in and out every day. Large quantities of agricultural products and industrial products have to go through the North Market.
If the sale is suspended for one day, the loss will be millions, and if you add liquidated damages, the amount will be even more staggering."
Zhang Zuoxiang reluctantly digested these things and said with a wry smile: "It sounds like success or failure is a failure! I'd like to say that you built the North Market by yourself. Is there any solution?"
Zhang Tinglan nodded, and then said: "Except for the direct losses that are inevitable, the losses mentioned by Mr. Minyuan are all estimates. They can be summed up in two words: confidence! Our finance and industry can
Attracting a large amount of investment is because Fengjun's strong position in the country has given investors huge confidence. After this civil strife, everyone's confidence was hit, causing serious losses."
"Brilliant!" Wang Yongjiang said with a smile: "To put it bluntly, Fengjun lost not only the real economy this time, but also the financial turmoil began. There was also a trend of selling Fengjun tickets. We issued
Some bonds have also been questioned. If confidence cannot be boosted, the backlash of financial forces will cause greater harm and even cause social unrest."
Wang Yongjiang is absolutely right. When Zhang Tinglan was engaged in construction, he borrowed a lot of debt. Whether it was immigration, education, industry and infrastructure construction, he issued a large number of bonds and carried out complex financing.
If there are serious problems with these things, the loss will not be as simple as 200 million yuan, but the financial collapse of the entire three northeastern provinces, and even the collapse of society. The farm system founded by Zhang Tinglan may collapse. After all, farm development
Most of the funds were obtained from loans, and the resulting chain reaction could even threaten the safety of the entire Fengjun Army.
"Economic swords and swords are often more terrifying than real swords and guns on the battlefield." Zhang Tinglan said: "The core of all problems now is how to boost confidence. If the economic system of the three northeastern provinces is allowed to operate again, I think what needs to be done is
It means spending money and investing heavily to absorb the funds back. Money is like water, and the three northeastern provinces are like reservoirs. Our economy is like swimming fish. When the water returns to the pond, the fish will naturally live."
"The current situation is not too bad. The first thing we are affected by is the real economy. The financial industry has just begun to show some signs of growth. It is relatively easy to save it at this time. Next we need to know about big investment and big development projects.
Continuously provide vitality to the economy."
Zhang Tinglan took out his own prescription. The officials from the three northeastern provinces present were listening carefully. In fact, most of them did not understand what Zhang Tinglan said. Zhu Qinglan said from the side: "I'm sorry, I listen to Governor Wang."
Introduction, the losses have been heavy. At this time, you should recuperate, reduce expenditures, and fill the holes. But if you have to do the opposite and continue to spend money lavishly, wouldn’t it mean that the holes are getting bigger? Will there be problems?
ah?"
Zhu Qinglan’s words represent the views of a considerable number of people, and Zhang Tinglan is also aware of the problems of these people. Their understanding of the economy generally stays in the feudal agricultural era, and they are still very unfamiliar with modern economic operations. The more critical the situation, the more measures must be taken
We must take strong actions to save the economy, instead of waiting for the economy to recover on its own, otherwise we will miss the best opportunity.
"Everyone, in the agricultural era, most landowners focused on pure accumulation. They even buried a lot of money underground. As a result, there was less and less silver on the market. They felt that the money became more and more valuable and valuable.
The more satisfied you are. But for the entire economic operation, this is adding fuel to the fire. There is already a shortage of money in society. After hiding it, the shortage becomes more serious, forming a vicious circle. In the Song and Ming Dynasties, there were varying degrees of
The problem of money shortage can even affect the rise and fall of a dynasty."
"Now that we are in the industrial age, we should see more clearly that currency circulation is more important than accumulation. Currency itself is not just wealth, but a kind of power. When ordinary people have money, they can exchange for items needed for food, clothing, housing and transportation. The government
Once you have mastered wealth, you have the power to control society. To exercise this power, you need to spend money to control it. Simply accumulating will turn you into a landlord-like miser!"
What Zhang Tinglan said was still a bit difficult for everyone present, but Wang Yongjiang, as an expert in financial management, quickly understood it.
Wang Yongjiang is also a person who constantly learns and accepts new ideas. Ever since he came into contact with Fred from Daosheng Bank and witnessed modern capital operations, he has had a subversive understanding of finance and banking. Now when he heard Zhang Tinglan's
The concept resonated immediately.
"I can't help but support the general direction you mentioned. The only problem now is to implement it. What projects should we invest in and how should we spend the money?"
Zhang Tinglan nodded and said with a smile: "Mr. Minyuan, I heard that the Jilin-Fenghuang Railway is about to be opened to traffic. I want to use the Jilin-Fenghuang Railway as collateral to borrow 20 million US dollars from the United States to develop railway construction in the three eastern provinces.
, what do you think?"
Wang Yongjiang's mind is also spinning rapidly. Zhang Tinglan's borrowing from the United States is not just a solution to the problem of funds, but a clever plan to kill three birds with one stone. The first thing to target is the issue of confidence. Haven't Chinese investors' confidence in Fengtian been shaken?
Do you doubt the future of Fengtian? The entry of American capital will be the most powerful counterattack.
In today's China, the great powers are still the most powerful, and their actions are also the most convincing. Although this kind of behavior is also advocating foreigners to a certain extent. But at this time, Zhang Tinglan can only use this emotion to serve himself.
.
Secondly, the United States is a capital-first society. It attracts American capital and at the same time attracts American political power. Now Fengjun and the Japanese are still in confrontation. With the participation of the United States, the Japanese will undoubtedly turn their backs on them.
Zhang Tinglan can add one card to his hand.
In addition, Zhang Tinglan did this to actually break the sphere of influence of the great powers in China. According to the tacit understanding between the great powers, the three northeastern provinces are the sphere of influence of the Japanese. If American capital wants to enter, it needs Japan's permission.
Just with the sphere of influence, Zhang Tinglan’s plan to attract investment and let the great powers compete with each other became a delusion. With the Japanese government as a wolf watching over it, it would be difficult for European and American forces to get involved, especially in the case of railways.
Such a sensitive thing.
However, at this time, the Japanese had lost too many points in the international arena due to their blatant assassination of Zhang Zuolin, and the great powers had seized on him. At this time, it would be very difficult for the Japanese to stop Fengjun from cooperating with the United States.
"I would like to say that this is a clever move. Not only can it restore the economy, but it can also use its strength to poach the Japanese. Once a corner of the sphere of influence is torn apart, it will become much easier in the future!" (To be continued.
