Republic of China game

"Solve part of it? What should be solved first?" Yan Xishan seemed to be tempted.

Zeng Qi thought for a while: "Then let's go to the Taihang Mountains. It's condescending, forming a strategic position over the Zhili Plain. It is estimated that it will be the focus of the CCP's infiltration."

Yan Xishan frowned, as if he was trying to figure something out in his heart. After a long time, he sighed: "That would take 100 or 800 counties, and [-] million for a county would cost [-] million. This is Shanxi's financial burden." I'm sorry..."

Zeng Qi shook his head with a smile, and drained the glass of wine in his hand: "General Baichuan, this land reform is a life-saving matter. Isn't the Kuomintang in the south also gnashing their teeth to reform? Can Shanxi's finances squeeze out money? You can think about how to do this kind of thing."

Yan Xishan gritted his teeth, with a pained look on his face: "Then thank you, Mr. Mu Han, for your suggestion. I will consider the matter of land reform. Let's discuss the matter of the three alliances and see if we can change it to four." alliance?"

"Four families?" Zeng Qi was taken aback when he heard the words: "The Kuomintang? Or the Northeast Army?"

"It's the Northeast Army." Yan Xishan looked at Zeng Qi with a smile: "Mr. Mu Han and General Zhang Hanqing are old acquaintances. I wonder if we can build a bridge between them? How about an alliance of four?"

Zeng Qi nodded with a smile, met Yan Xishan's eyes, and turned away immediately.It seems that the old fox Yan Laoxi is not willing to give up his overlord status to become a committee member in Wuhan until the last moment. He still wants to find a balance between the various forces and maintain the independent kingdom of Shanxi.

"I can try it with Young Marshal Zhang, but...the Northeast Army has been heartbroken after being in the pass for many years. I don't think it will be easily involved in the war in the pass. Even if this alliance can succeed, it is only a paper thing. I wonder what General Baichuan wants?"

Yan Xishan clapped his hands and laughed loudly: "There is no problem. With Mr. Mu Han's words, I am relieved, brother. Besides... I have another request."

"General Baichuan, please tell me." Zeng Qi smiled and nodded.

Yan Xishan seemed to be in a very good mood at the moment.He said with a smile: "I have studied a lot of doctrines in my spare time these years, and finally found that your party's nationalism is the most suitable for China's current national conditions, so I want to join the Youth Party... but this old man is [-]-[-] years old. I don't know if I can still be considered a youth?"

A trace of surprise flashed across Zeng Qi's face: "Of course they are young people. What our Youth Party wants is the pioneering spirit of young people, not in terms of age. It's just that I am no longer the leader of the Youth Party. This The position has already been given to Wang Junhao, but having someone like General Baichuan join him must be what Jun Hao wished for."

Afterwards, the two special envoys Zeng Qi and Tang Yao stayed in Shanxi for a few days.First finalize the details and declaration of the "Four Alliances".Then Tang Yao went back to Mongolia to report the situation to Wang Zhongyi, while Zeng Qi went to Shenyang to lobby Zhang Xueliang to join.

……

While the Northeast Army, the Youth Party, the Jin Army, and Mongolian King Zhongyi were planning a new anti-communist conspiracy, the leaders of the Central Committee of the Communist Party of China who had already stationed in Zhongnanhai were troubled by another major event... that was the Great Depression!Well, it's only June [-], and there are still four good months before the Wall Street financial crisis in October.However, in Beijing, China, thousands of miles away from Wall Street, the harbinger of the Great Depression can already be clearly felt.

This early depression actually began to quietly appear in the Beijing-Tianjin area of ​​Zhili from the time of Sun Yat-sen's death.In particular, the North and the South were on the verge of a split. After Mao Zedong took office as vice president, funds with foresight had already begun to withdraw from the Beijing-Tianjin area.Real estate and land prices fell at an unbelievable speed, and at the same time, long crowds of people began to line up at the gates of banks and money houses.Those who have a little wealth are scrambling to exchange their silver dollar bills into cash, gold, or foreign exchange, even if they are gold bills issued by the Bank of Korea and Zhengjin Bank.If it doesn't work, banknotes issued by the Bank of China and the Bank of Communications in the north can also be accepted.The train tickets and boat tickets to the south began to be in short supply, and there was a long queue in front of Beijing Qianmen Railway Station every day.Those who waited in line to squeeze the train were also well-dressed "proprietors" carrying big bags and small bags with their families.Most of these people have experienced the "revolution" in the 14th year of the Republic of China. When they heard that the Communist Party was about to come to power again, they were all like frightened birds. up.It saved the communists a lot of trouble, but... the economy will inevitably be depressed!

For this reason, the new Premier Zhou Enlai, who took over the mess left by Zeng Qi, called a meeting of members of the Political Bureau of the Central Committee in the Xihua Hall for several days to discuss economic issues.

For the current economic difficulties, the leaders of the CCP are also somewhat caught off guard.To be honest, the CCP did not intend to carry out socialist transformation in the Beijing-Tianjin area this time, and that time has not come yet.Besides, to consolidate the nascent people's regime and to fight against reactionary forces at home and abroad still requires the unity of the national bourgeoisie.But why did these people run away?And they all went to the territory of the right wing of the Kuomintang in the south... It seems that these class dissidents are still unreliable!

As for how to overcome the present difficulties, members of the Politburo were divided into two factions.

Mao Zedong, Wang Ming, and Zhang Wentian rarely reached a consensus. Their opinion was that since these national bourgeoisie were unwilling to fight with the Communist Party, there was no need for the Communist Party to accommodate them.Simply carry out comprehensive socialist transformation in Zhili, Chahar, and Beijing.The economy was taken over according to the Soviet model, and the bourgeois factories, shops, and banks were directly confiscated.Of course, factories and enterprises run by Kuomintang leftists and democrats who have defected to the revolution still have to be treated differently, such as Shaanxi North Energy Company... Uh, it is also a trouble!It was well said that all those coal and oil were sold to the Kuomintang-controlled area at a high price, but of course they won't buy them under the current situation. I really don't know what to do?That Zhang Naiqi was so anxious these two days that all the hair on his head fell off, and he became a big bald head!With an investment of almost 600 million French currency, railways, mines, and oil fields were built... It was about to be put into production, but no one came to buy it.Now the shareholders' money, still have to lose the bottom?The leftists and democrats of the Kuomintang also complained about this, and some even suggested that they should ease up with the rightists of the Kuomintang, whether it is possible to take turns with the Kuomintang... There is a slight sign of attacking the party!Be vigilant.

Zhou Enlai, Liu Shaoqi, Zhang Guotao and others were not in favor of a premature break with the national bourgeoisie.In their view, Zhili, especially the Beijing-Tianjin region, actually plays the role of the economic center of northern China.The financial industry and trade there are all based on the economy of Northeast China and North China.If a comprehensive socialist transformation is carried out in the Beijing-Tianjin area, it will be tantamount to artificially cutting off the connection between the Beijing-Tianjin area and Northeast, Shanxi, Shandong, Henan and other places, and pushing those areas into the southern economic circle.Associated trade and financial activities will also certainly shift to the South.In this way... the huge tax revenue in the Beijing-Tianjin Zhili area will be greatly reduced.The plan to issue bonds to raise funds for the Baotou heavy industry base has also failed to be implemented, so the CCP's heavy industry construction will inevitably be greatly affected.If heavy industry cannot be built, what will be used to defeat the Kuomintang reactionaries once the Kuomintang and the Communist Party finally break up in the future?

……

The banks of the Yangtze River are already verdant at this time. Among the paddy fields, there are poor and lower-middle peasants wearing bamboo hats and patched short jackets.Little by little, while working, while singing.One sings, four echoes.It's really a wonderful scenery.

the land.At present, it can be regarded as economic prosperity and society... harmony.Uh, because the cooperation between the Kuomintang and the Communist Party in this time and space is a bit out of shape, there is no class struggle here in the south, and there is no peasant movement.Only low-level compulsory education and the collection of weapons strengthen reactionary rule.Some local tyrants and evil gentry who dared to resist the Kuomintang rule were mercilessly suppressed, while most of them obediently handed over their weapons and returned to the status of ordinary landlords.Coupled with the rapid development of industry and commerce in the past few years, poor farmers have more outlets, and the social conflicts in the entire southern China have actually eased.

But time has come to the present, and the Great Depression that almost destroyed the capitalist system has gradually approached.At that time, can the stability and prosperity here be maintained?And now that the rightists of the Kuomintang and the CCP have almost parted ways, they are almost at war.Perhaps the upsurge of the peasant movement and labor movement in the south is brewing?

It's a pity that the time left for this country is still too short. After the Great Depression, the Second World War will come immediately, and that will be the last feast to carve up the world!It's just... South China has taken advantage of the opportunities of the world's economic prosperity in the past few years, and can it be used for a gamble when the time comes?

It would be great if the society in southern China could be stabilized and the economy could continue to develop during the years of the Great Depression...

Uncle and nephew Luo Yaoguo, together with his family and guards, were sitting on a ship bound for Mount Lu.Along with them were Hu Hanmin, Chiang Kai-shek, Xu Chongzhi and their families.Every summer in these years, the Central Committee of the Kuomintang and the national government in Wuhan will hide on the cool climate of Mount Lu to work.However, it was the first year for Luo Yaoguo to go to Mount Lushan, and there were always various delays in the past few years.

Luo Yaoguo was wearing a well-tailored blue cloth gown, holding a stack of government budget reports in his hands, carefully reading each page, his face gradually becoming serious.In the 18th year of the Republic of China, the national government’s fiscal revenue budget was almost 17% higher than that of 18 years, reaching about 20 billion French currency, while the expenditure budget was as high as [-] billion French currency, and the fiscal deficit was about [-] million French currency.

Among them, military expenditure is as high as 7 million yuan, and the largest expenditure in military expenditure is still the development of the armament industry, especially the Maoming oil shale project, Guangxi electrolytic aluminum project, Jiangxi, Yunnan copper mine and copper smelting and other key projects. superior.

The second largest expenditure is equipment procurement, including the "Zhongshan" (just renamed) aircraft carrier ordered from the United States, a batch of self-built "Karl Marx" class battleships, "Polish Legion" class armored ships, Guangzhou class air defense cruisers, Some of the Konigsberg-class light cruisers, 1928-type destroyers, and Type-2 submarines are about to be delivered, while others are still under construction, but the Ministry of Armaments needs to pay a lot of money for them.The army needs to reserve a batch of arms for the comprehensive mobilization system. This plan has been implemented since the 17th year of the Republic of China. Although 2000 million bayonets are a bit bluffing, the weapons and equipment for arming 150 to 1 integrated divisions have to be gradually started. Reserved.More than [-] cannons need to be stocked!It's a bit sensational to say...except for the navy and army.As a newly established service, the Air Force is also facing huge expenses.Organizations need to be formed, various ground and air crews need to be trained, and new aircraft and engines need to be designed more quickly.In short, now is the critical moment for heavy industrialization and war preparations in the South, but the Great Depression sweeping the world is coming soon!At that time, will the national government still have enough financial resources to support the rapid development of the lifting industry?

……

"Uncle, if our southern economy loses the huge inflow of foreign capital, can it maintain its rapid development?"

Luo Yaoguo threw down the documents in his hand, and looked at Luo Yiqun who was immersed in official duties with a solemn face.

Luo Yiqun was taken aback by this sudden question, put down the brush in his hand, and thought for a while: "The Executive Yuan also did research on this issue during the Sino-Japanese War last year. The conclusion at that time was that the current South China economy is basically still Relying on investment and internal demand, the export is not too much, and the trade deficit is also maintained. If there is no...foreign capital inflow, then our investment scale will definitely shrink. There is no doubt about it. In this way...workers, especially A large number of construction workers will be unemployed, and the demand for light industrial products will naturally decrease, so the demand will also be affected. What's more serious... Some people worry that after unemployment, workers will have no food and clothing, and they may be bewitched by foreign parties and endanger Once the society is stable, the economy will be even worse! By the way, Fuwen, why do you ask this kind of question? Could it be that there is another war that is approaching?"

Luo Yaoguo smiled lightly, nodded noncommittally, and then asked: "Is it possible to rely on government investment to make up for the gap in foreign investment, maintain the economy, and create job opportunities for workers?"

Luo Yaoguo vaguely remembered that in history, Roosevelt's New Deal and what Hitler did in Germany were all like this.Let the government undertake fiscal deficits to expand investment and forcefully drag the economy out of recession.Right now, the infrastructure in southern China is extremely poor. There are not many railways, highways, bridges, power grids, power plants, etc. It seems that there is room for expanding investment.Moreover, the government has also saved a large amount of foreign exchange cash, and the heavy industry has also established a certain foundation, which can provide most of the raw materials and equipment needed for infrastructure construction.At the same time, South China's resources and labor force are still very rich for the current level of economic development.It seems safe and bold to use the financial power of the government to stimulate investment and forcibly stimulate the economy.

Luo Yiqun didn't know why his nephew would ask such a question?I didn't know how to answer for a while, and was thinking silently.Luo Yaoguo spoke again: "How much foreign capital did we absorb in the 17th year of the Republic of China? Does the Executive Yuan have statistics on this?"

"Less than [-] million U.S. dollars." Luo Yiqun remembered this kind of data by heart.

"About 14 billion French currency." Luo Yaoguo frowned, pondered for a moment, and said to himself in an inaudible voice: "But the money should not be spent in one year, right? The actual investment last year should be Of the 5 million U.S. dollars, at most half of it is spent domestically, which is [-] million U.S. dollars, or more than [-] million French currency. In that case...do we support an additional [-] to [-] million investment in infrastructure every year to maintain the economy? What about at a lower growth rate?"

Chapter 0471 Great Depression ([-])

On both sides of the Changchong River in Guling, Lushan Mountain, there are chic western-style buildings hidden in the shade of greenery, faintly visible.Luo Yaoguo's villa is located in it, it is an English-style villa half hidden in the woods and half exposed to the sun.Because it had just rained heavily the day before, as soon as the sun came out today, it made mist, and the whole villa seemed to be wrapped in clouds and smoke, which added a bit of mystery.

Lushan Guling is currently the most ideal summer resort for dignitaries in the south in summer, and it is also the so-called summer capital of the Kuomintang.In summer, thousands of carefully arranged luxurious villas around Guling Changchong Valley will welcome their respective owners.The leading figures in the entire southern country will gather here during this season.At this time, Mount Lu was not only a summer resort, but also a stage for people from all walks of life to make friends, plan various behind-the-scenes transactions, and display various political skills.

However, Luo Yaoguo did not take this opportunity to engage in activities among leaders from all walks of life in the Southern Kingdom.He spends most of his time in his small villa. Apart from dealing with a few official duties, he just spends time with his family and also meets some business partners.

This afternoon, the sound of cicadas was like weaving, under the shade of the trees in the backyard of Luo's villa.A round table was set up with several bottles of iced Coca-Cola on it, and there were several bamboo couches around the round table.Luo Yaoguo was wearing a silk gown, showing two muscular arms, leaning on the bamboo couch.He held a folding fan in his hand and shook it gently.On the other bamboo couch next to him, the second aunt Ma Jiaoli, who is already in her thirties but has taken good care of herself, is sitting upright in a cheongsam of Indian silk.With a dignified appearance of looking at the nose and nose and asking the heart, without squinting, you can tell that there is a guest at a glance.Otherwise, this woman would have already stuck to Luo Yaoguo's side...

The guest was Chen Guangfu, the general manager of China Commercial Bank, and Luo Yaoguo's financial manager.Chief of Staff Luo, who manages a lot of things every day, has no time for personal financial management. Most of the Luo family's wealth is managed by Chen Guangfu, and a small part is managed by his second wife, Ma Jiaoli.Today, the two people who are in charge of money have gotten together, and the topic of discussion is naturally inseparable from the word money.

"Fushuai, I invested all the money in your account at China Commercial Bank for you. Mainly China Military Industry, China Shipbuilding, China Iron and Steel, and China Commercial Bank's own stocks. These stocks were all in private placement. Those who bought at a low price now have four or five times the profit. These companies have been rising since they were listed in the United States. They fell a little when the former Prime Minister passed away, but they have all risen back now. Now Your total assets in our China Commercial Bank account have exceeded 300 million yuan in French currency, which does not include the 5.00% of China Commercial Bank stock held by your family business. This investment also has a market value of tens of millions. "

Chen Guangfu adjusted his glasses, held a ledger in his hand, and was introducing Luo Yaoguo's income from investment and financial management one by one.Of course, every single one is a big profit...they are all insider transactions and low-priced private placements. If they are placed in any capitalist country in the future, they will almost be illegal.But the current laws enacted by the Nationalist Government don't care about this, even the imperialist laws don't care much.

"There's already so much money..." Luo Yaoguo muttered softly, with a satisfied smile on his face, his eyes turned to Ma Jiaoli, who was drinking an iced soda.

Ma Jiaoli hastily put down the soda bottle in her hand, and smiled at her husband: "Of course I can't compare to Mr. Chen, but the houses our family bought in Hong Kong, Guangzhou, and Shanghai have also increased by four or five times! And this Two days ago, there was a revolution in Beijing and Tianjin again, and the Gods of Wealth from all walks of life were going south, and the price rose even faster. Especially for houses in Hong Kong, the price went up almost every day. The money you gave me to buy, sir My house now has no less than 200 million yuan." Speaking of this, this girl gave Banker Chen a contemptuous look, as if she had some doubts about his financial management level.

To be honest, Banker Chen did a good job, but he couldn't hold back the second aunt, who was blessed by the great gods of the Chinese Communist Party.Uh, when the revolution in the north came together, the wealthy tycoons in Beijing and Tianjin all flocked to the south.It was not safe to go to Shanghai, but most of them went to Hong Kong under the control of the British... The house in Hong Kong almost doubled in just one month, which made my second aunt earn a lot of money, even more than Some genius banker.It seems that the element of luck is sometimes very important in investing in this kind of thing.

Luo Yaoguo nodded, and said with a smile: "Guangfu, Jiaoli. Cash out all the stocks under my name before October. Including the shares of Tongshang Bank held by my family's Lingnan Timber Company, and the Nanhai Industrial Company of the Military Intelligence Bureau. The shares have to be sold. In addition, Commercial Bank has to liquidate all of its stock investments, and the pledge loans for stocks have to be tightened. The investment is mainly transferred to bonds. Jiaoli, all the houses in Hong Kong and Shanghai must be sold before October Go out. The money obtained is deposited in the account of the Commercial Bank in the form of U.S. dollars."

Chen Guangfu's eyes flashed, and there was a trace of doubt: "Auxiliary Commander, what is going to happen? Is there going to be a war again?" As soon as Chen Guangfu said the words, he felt something was wrong, and shook his hand in a hurry: "I can It’s not about inquiring about military secrets.”

"Hmph, don't ask if you shouldn't, we just do it." Ma Jiaoli pursed her lips and snorted.

Luo Yaoguo rolled his eyes at some of his wives, and cupped his hands at Chen Guangfu: "Jiaoli is ignorant, don't be as knowledgeable as her. As for... what's going to happen." Luo Yaoguo hesitated for a while, and gritted his teeth: "It's something Something is going to happen, but I can't say what it is. In short, you have to find a way to cash out the stocks and real estate. In addition, you should give them a hint to the consortium that is close to us. There will be a big event in October [-] It's a bad thing to happen."

Chen Guangfu took a deep breath, and solemnly clasped his fists at Luo Yaoguo: "The assistant commander trusts Guangfu so much, and Guangfu appreciates our financial circle so much. It's just that if we leak this news, the Communist Party will Will you notice something? When the time comes..."

"The Communist Party?" Luo Yaoguo was taken aback when he heard the words, knowing that the other party was going off track, he waved his hand with a smile: "This incident has nothing to do with the Communist Party. If it was them... how could I let you sell the real estate and What about military stocks? But there must be something big about to happen, so you just sell them, and you can’t go wrong with keeping them.”

What will happen in October [-] will naturally be the financial crisis in the United States, which will also kick off the prelude to the Great Depression.But Luo Yaoguo couldn't say it clearly, he could only vaguely say it, pretending to be a mysterious hint.In fact, this effect may be better, right?If those Chinese capitalists can get some enlightenment from it and reduce their holdings of bargaining chips early, it should be good for the Chinese economy, right?

……