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Section 154 Paper Cotton Aftermath

 These issues are not only the views of Chu He and Ren Youzi, but also the views of many people in the Law Society. They believe that the current commercial law is not perfect, and the hasty implementation of these new systems and regulations will cause unpredictable consequences. However, this series of reforms

It also received support from many veterans of the executive branch.

"...This system is currently being piloted, but I don't think the results of the pilot will be good. It's hard to say whether some smart people will appear in this paper cotton incident and take advantage of the loopholes..."

"If there really is a financial crisis..." Li Shan said.

"The financial crisis will definitely not happen unless something happens to Nanyang Company." Chu He said with a smile, "Currently, all the private financial activities in Guangzhou are very small in terms of type and weight. It is impossible to have a huge one."

Lang. You can rest assured. Some people will definitely go to the rooftops in the paper and cotton incident, but overall there will be no problems. What I am more worried about now is your cotton textile industry. This incident will definitely have an impact on you."

"Well, I have such a premonition too. The paper and cotton incident exposed a major weakness of ours." Zou Biao said, "To be honest, I have no confidence in the plans for the cotton textile industry now..."

"Of course, the supply of raw materials will not happen overnight, but when the British cotton textile industry started, cotton plantations did not exist. It was entirely demand that stimulated supply, not the other way around. As long as the demand is large enough, land capitalists or

Landowners will start their own plantations. I don’t have to worry about this." Li Shan was quite confident, "The key is that the cost of cotton spinning must be reduced. The price of cloth on the market is still too high."

"In fact, based on the cost of your woven fabrics, after the current major purchase orders are reduced, the price of cotton fabrics will drop significantly. Soon individual textile households will be unprofitable. As for whether you are willing to reduce them all to

Bankruptcy depends on your specific policies. However, except for the enterprises you focus on supporting, almost all individual companies will be finished..."

That night, under the personal command of Mu Min, the police raided Qingyun Tower and related flower and fabric shops, and then arrested a total of 58 people involved in the matter.

According to the final statistics of the police department, the total amount involved in the paper and cotton incident was nearly 170,000 yuan. This is also an astonishing figure in Guangzhou.

Fortunately, this incident was as expected by Chu He and others. Because there was no leverage, it did not have much impact on Guangzhou’s financial order. However, the victims were much more widespread than they expected, because many victims heard about it later.

You can "make a lot of money" by buying paper cotton, and participating in the "meeting" is equivalent to raising funds to purchase. The number of people involved is extremely large, and preliminary statistics include more than 2,000 people. The amount of money involved for most people is only two or three yuan.

, there are even one dollar ones.

Most of these people were poor, and most of them were the last ones to take over high-ranking positions. They suffered heavy losses. For a time, the courtyard of the Municipal Bureau was filled with people who came to register. There was a lot of crying and shouting, and some people fainted on the spot.

Then there was news of someone drowning in the river... Mu Min was in trouble

Mu Min was so angry when she saw this scene that she scolded Chu and Ren, who had come to deal with the follow-up issues, saying that they were all "bad people" who were engaged in finance. She also scolded Li Shan.

A meal.

"...This, this, has nothing to do with me. I didn't make the paper cotton..."

"If you hadn't toiled in the Ten Thousand Nations Market, you would have been able to do this!"

Li Shan cried out that he was wronged, saying that he had never had such an advanced idea as engaging in futures.

"I don't care if you are advanced or lagging behind. I am sorry that you are not responsible for wiping your butts. You are quite good at talking about things. If you don't help us deal with this matter, I won't trouble you in the future in Guangzhou. Don't do anything.

Damn it, I can’t tolerate great Bodhisattvas like you here!”

Chu He couldn't help it. It was hard for anyone to be scolded all over his face. But Ren Youzi was the one with a smile on his face and said, "Yes, yes, we will handle it properly."

!Don’t worry, we have a plan on how to deal with it..."

Ren Youzi immediately explained the relevant plans.

"The case value of 170,000 yuan is not false. I made a rough estimate and found that the warehouse receipt of about 70,000 yuan can eventually be cashed. As long as the bosses of several flower and cloth shops are controlled and they are not allowed to escape.

That’s fine—the flower and cloth shop must continue to be opened..."

"Keep driving? I even want to ransack their homes to make up for the losses of those ordinary people!"

"Only if they continue to operate, will they have a chance to make up for the losses of ordinary people. Otherwise, they will go bankrupt and lose all their debts."

Mu Min raised her brows, as if she wanted to speak, but stopped.

"...In addition, the property of these fifty-eight people can also make up for part of the deficit." Ren Youzi said very carefully, "For example, Wu Yuanyin, the boss of Qingyun Tower, said that he was not involved, but in fact he is just like a casino operator.

Every order has a commission, and if you push it hard, there will definitely be profit - as for those who falsely opened the warehouse orders, these people have internal control of the political security and cannot escape, and the recovery of the stolen money will only be half-dozen..."

"Even this can't make up for the shortfall. Look at the people in the yard below."

"Here, we have a repayment plan, which generally favors small and medium-sized victims. In this way, we can effectively stabilize the wider society."

Mu Min looked at the relevant plans and finally calmed down a lot. She asked again: "But I'm afraid there's something wrong with the final delivery. Many of the people who bought the warehouse bills have no contact with the cotton textile industry, and they did it purely for speculation.

Bought it. Even if the cotton cloth shop gives him spot delivery in the end, what is the use of the cotton he bought at such a high price?"

"He can go directly to Wanguo and sell the cotton spot. Maybe the price will be higher by then."

Mu Min shook his head repeatedly: "It's hard to say. It's more likely that the price is lower."

Chu He said helplessly: "This is not something we can decide. To put it bluntly, these outsiders come to participate in the paper and cotton business just to speculate and make money. Since ancient times, we have been willing to admit defeat. Besides, this trick is not something we came up with.

.For us to come forward to solve the problem is already considered a great virtue. Alas, speaking of it, this is the tragedy of the small citizens."

The Five Immortals Temple in Guangzhou City has recently put up a new brand: Shen'ao Society.

Although the pronunciation is similar, this Ao is not Piao, so the "Shen" in Shen Ao expresses the meaning of "explanation, statement". In other words, this is a place to convey Australian conditions and Australian culture to the local indigenous people.

Its organizer was Du Yibin, who was ridiculed by many elders for his "celebrity collecting habit." The non-governmental organization he launched in Guangzhou was mainly used to attract old-style literati who could accept certain new ideas.

However, he does not work in Guangzhou, so it is difficult for him to care about this organization for a long time. After all, setting up a social organization requires funds, a venue, and staff. It is difficult for him, a veteran of a foreign administrative office, to cover everything, and he does not have so many resources.

.So I discussed with Cui Hantang, who had the same idea, and asked him to "help".

Elder Cui also had this idea. The two of them hit it off right away. This brand was attached to the Five Immortals Temple. Cui Yunhong also had a legitimate base for united front with local intellectuals to avoid being accused by some elders of taking advantage of the opportunity.

Spread feudal superstition".

Shen'ao Society occupies a small side courtyard in Wuxian Temple, which has been renovated and decorated. The main room has been turned into a tea house for people to talk; the east wing has a reading room - you can learn from the richness of Wuxian Temple in Australia.

After borrowing the books from the collection, you can read them here. Many of them cannot be borrowed, especially the large number of tutoring materials for the "official examination" collected here, which are the favorites of many Budi scholars. There is an "exhibition hall" in the west wing.

There are some simple models and scientific instruments, and many scientific wall charts are arranged. On the opposite side are the offices and warehouses of the academy. It can be said that although it is small, it has all the internal organs.

After the opening of this place, it has attracted many people one after another. In addition to scholars who want to find a place in the new government and new system, there are also many students who are curious about Australians and Australian culture. Many people sit here every day and discuss,

Read newspapers, magazines and books. Because many people here have direct and indirect connections with Australians, many people use this place as the first channel to find out inside information about Australians. Cui Hantang also welcomes all comers and treats them warmly.

The most popular discussion in the Shen'ao Society today is about the paper cotton incident.

Most people are quite new to the new thing of paper cotton, so the discussion is quite lively. The paper cotton incident was published as a full-page special report in the "Yangcheng Express", and the causes and consequences, as well as the whole story, were analyzed clearly.

Until the final solution, everything is listed one by one in detail. Therefore, the discussion has a lot more targeted parts and a lot less random speculation. Most scholars have the same view. This paper cotton is "opportunistic"

"Things that cause "endless troubles" for the country and the people should be completely banned.

People with more knowledge mentioned the "pre-purchasing of mulberry trees" in Jiangnan and believed that it was the same. As long as the government supervision was strong and false warehouse orders were prohibited, buying and selling paper and cotton was not a bad thing. It could balance the future raw materials.

Risk of price increase.

Everyone was arguing when someone suddenly asked: "I haven't seen Zhang Jiayu for a long time. Do you know where he went?"

"To be honest, I haven't seen him for several days. He was supposed to come in three or two days!"

Someone said: "I heard that something happened at home and he returned to his hometown in Dongguan."

"I haven't been back for so long. Did something happen at home?"

"I heard that a close relative of his family was seriously ill and had to rush back." Someone else said, "I saw him lost his mind when he left. I was afraid that he might be intolerable!"


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