At that time, Shanbei Village also responded to the call to set up a savings committee, and the personnel in charge of the work of the savings committee in the government went into the village to publicize, and the village cadres of Shanbei Village gathered the villagers together to mobilize for joining the association, and introduced the two main benefits of the savings committee: one is that the loan procedures are few and the speed is fast, and the other is that the deposit interest rate is as high as two cents per year, far exceeding the bank interest rate.

Ma Dong is away all the year round, and he is an only son, only the elderly second elder, the delicate wife and the young Ma Shousheng are left in Shanbei Village, and the fields are not cultivated, and they are usually rented to the brothers in the village.

After the savings appeared, Ma Dong's wife saw that the government people personally went into the village to publicize it, and felt that it was a highly profitable and reliable project, so she discussed with Ma Dong's family and simply sold the land and invested the money in the savings club, so that she could sit with Erlang's legs crossed and wait for the money to make money and make profits.

At that time, Ma Dong's business was running very smoothly, and it was expected that he would be able to buy a house and settle in the city in a few days, so neither Ma Dong himself nor Ma Dong's family paid any attention to the one-third of an acre of land in Shanbei Village. As a result, the Ma family's land was listed for sale.

However, during that time, few people wanted to pay for the land, one was their own, and the other was tempted by the high interest rate of the savings fund.

Only Taojuan and Weng Changyu chose to buy the Ma family's farmland because their own population was too small and the area of the land allocated was too small when the village was divided. Since the relationship between the three is good, Ma Dong also gave the two very cheap prices.

It's a pity that the Ma family didn't last long, and within a few years, Ma Dong's business suffered a change and declared bankruptcy, and he returned to Shanbei Village empty-handed.

Although there was still a large amount of savings in the provident fund, Ma Dong realized that the fields in his hometown were important reserves after the business failed, so he contacted Taojuan and Weng Changyu to buy back his original share of farmland. However, at that time, the harvest period was approaching, and both Taojuan and Weng Changyu said that they would simply wait until after the harvest period to sell, and promised Ma Dong that they could sell it back to him at the original price.

As a result, I didn't expect that because it dragged on for so many months, the contradictions that followed appeared.

In fact, half a year before Ma Dong's business went bankrupt, the Ministry of Civil Affairs issued an urgent notice on cleaning up and rectifying the "Rural Disaster Relief and Poverty Alleviation Mutual Aid Savings Fund", holding that the Savings Fund would belong to the category of "indiscriminately raising funds and approving financial institutions and conducting financial business in a disorderly manner." The program for the abolition of the institution and the placement of personnel is then accepted by the relevant departments.

However, Shanbei Village is biased, information is closed and backward, and Ma Dong did not pay attention to this information when he was doing business abroad, resulting in the Ma family not knowing that things had changed until the savings fund was fully cleaned up and rectified.

As soon as the harvest period arrived, the local Sanjin working group responsible for solving the problem of the three golds in rural areas settled in Shanbei Village and began to officially clean up and rectify the savings committee. Most depositors have not even fully recovered their principal, let alone interest.

Ma Dong is no exception.

After receiving the compensation from the government, he immediately went to Taojuan and Weng Changyu to buy back his land at the original price as previously agreed, but Taojuan and Weng Changyu also knew that the savings fund had collapsed and the value of the land had appreciated, so they privately negotiated with each other to raise the price of farmland transfer to Ma Dong.

The price is a bit bullying - it is directly double the price that Ma Dong gave them at the beginning!