Ordinary people with a lot of food naturally choose another path, that is, to sell surplus grain.

However, grain is an important material and must be purchased by the government, and black market trading is illegal. Agricultural taxes have been levied according to the market price of grain, so it will not make you sell grain on the black market to make money, there is no reason for this!

In this way, the common people sell grain to the government at the unified purchase price, and the government will then unify foreign transactions to make the difference, and this work will be taken care of by Huang Xianting, an immortal Xiaoqiang in the business world. He was appointed director of the Northeast Grain Administration, and began to use the business methods he was good at to make great efforts for his good son-in-law Zhang Hanqing's money-making plan. For Huang Fengting, who is familiar with this line of business, having the opportunity to concentrate the grain of the whole Northeast in his hands is a big test that he has not encountered in half his life, but he likes it, and this is also a sign of the resurgence of the Huang family.

The all-encompassing grassroots of the People's Party gave Huang Fengting strong support for the grain collection work through overwhelming propaganda, and also gave him confidence. The People's Party has organized a large number of "policy lecture groups and working groups" to convey the government's policies to the village level.

Collecting grain at a low price and selling it at a high price seems to be a million profits. After all, excluding consumption, transportation and storage costs, and the salaries of the handling staff, the rest of the price difference is a net profit. But Zhang Hanqing was not satisfied, he didn't even want to pay in cash---- government was too short of money.

Therefore, he demanded that the purchase of grain should not be paid directly in cash, but that the people should choose treasury bills or food stamps.

The principal amount of the treasury bills is marked with a certain amount of interest for one year, two years or three years, and the government will pay the principal and interest in full in Cantonese at the place of cash. Of course, the longer the time to attract storage, the higher the interest will be. For example, the interest rate on one-year Treasury bills is 3%, 7% for two years, and 12% for three years.

It is equivalent to storing grain for a fixed period of time.

Will the interest rate be higher? Zhang Hanqing smiled: "It doesn't matter, at the beginning, not many people will ask for this thing, they must all go to exchange for unprofitable food stamps." Food stamps are our main event! ”

The common people are the most savvy. No matter how high the interest rate of treasury bills is, if they cannot be cashed out for a while, they can only be "white slips", what if you need to use money? It's still the best food stamp. This is the habit of Chinese peasants who have been storing grain for thousands of years to prepare for famine, how can it be easily changed?

Compared with the coercive nature of treasury bills, the appearance of food stamps is much more humane and puts less pressure on the government. This is because treasury bills are meant to repay principal and interest, while food stamps are not.

It was designed to work with Treasury bills to give people confidence. Since they are all issued by the government, people will naturally start to be skeptical. When some of the grain is exchanged for food stamps with the mentality of trying it out, then someone must exchange it for cash again.

If the other can really be exchanged freely, as long as the government has a good reputation, it is still convenient and timely to have food stamps that are much safer than treasury bills, although there is any interest on treasury bills.

That's what Zhang Hanqing intended: he would rather people use food stamps than treasury bills, if they had a choice.

Because, because there is no interest on food stamps, the government can save a sum in the future.

Food stamps are also banknotes issued by the government in a certain denomination (denominations of 10 catties, 50 catties, and 100 catties), but unlike treasury bills, they can be exchanged for food stamps with a certain percentage of cash for their daily use, usually nine to one.

This is Zhang Hanqing's initiative, which is actually equivalent to depositing grain in the bank, but there is no interest! But the advantage is that the people do not need to worry about the storage of grain, and it is convenient to cash, and all the township grain management offices can receive grain with tickets at any time.

There will be no chance that all food stamps on the market will be cashed into grain, as long as household food stocks are strictly controlled.

Out of distrust of future grain harvests, but also out of love for food, most farmers initially chose food stamps that could be cashed in cash at any time. In this way, the government can save the use of a small number of oceans.

For thousands of years, not a single peasant uprising has been truly successful, and the reason why sociologists and historians have come to a very pertinent conclusion is that the narrow-mindedness and political short-sightedness of the peasant consciousness are called small-scale peasant consciousness to put it mildly, and this is the reason why the peasants cannot become the leaders of the revolution.

The immediate interests are important, you can't let go of your hands and feet, and you can get by.

There is no need to worry about whether the grain stamps will be exchanged for grain at that time---- because of the continuous expansion of cultivated land, the "land rent" that the government will collect from the cultivators in the next year, that is, the tax revenue, will be more, and the amount of surplus grain "saved" by the common people will also be larger. Although food is a necessity, as long as the government has a good reputation and can exchange food for tickets at any time, no one wants to take the risk of breaking the law and have to cash in the tickets. Due to the timely convertibility of food stamps (in fact, there is not much exchange, the government's control over surplus grain is very strict, do you have nothing to put some grain at home to attract thieves?) At first, the common people liked it, of course, compared to the treasury bills, at least they were more at ease.

This is the same as the operation of the banking industry, as long as there is no run, and the funds of the banks operating normally will be in and out, there will be no problem.

As for whether the government will default on its debts? Anyway, we toiling masses have always been selectively forced to believe it, otherwise, how can we be worthy of the staff members of the People's Party's Department of Agriculture and Industry and the Propaganda Department of the People's Party, who have worked so hard to train them?

In this way, at a very small cost, the government was able to concentrate and sell most of the agricultural output in the northeast to the outside world, and made a lot of money.

The initial stage is the most painful, because it is necessary to ensure that the maximum amount of food is sold, and at the same time to be careful not to let the food stamps be cashed in vain. Both food stamps and treasury bills are completely new, at least in this day and age. Its only dead end is credit, and Zhang Hanqing also spent a lot of money to ensure his free cash, even when the government was too big to invest.

In fact, treasury bills and food stamps are exchanged for physical goods by the government in exchange for a piece of paper, but the time is longer and the other is shorter.

This is a year of covering. Because of the safe and timely cashability of both grain stamps and one-year treasury bills, some slightly more intelligent people feel that the safety factor of a grain stamp that cannot be moved for a year is the same as that of a treasury bill that cannot be moved for a year. The only difference is that when the treasury bills are cashed out, they can still get a few more buckets of so-called "interest": the harvest of 10 mu of land is "deposited" in the grain management office, and after a year, they can pay an extra bucket and a half of interest.

Because of the continuous harvest of grain, some flexible farmers thought why they were holding a bunch of grain stamps that did not produce money? Treasury bills can still have interest! In this way, Treasury bills, which had been unsold for a year, began to catch fire.

As a virtuous circle, after ordinary peasants saw its benefits and the government's determination and fact to deliver unconditionally, more and more people bought the treasury issued in the second and third years under the condition that there were few investment opportunities at that time. And even better, because of the higher interest rate, the issuance of three-year Treasury bills is better. The issuance of treasury bills jumped from less than 2 million at the time of preparation to 60 million, and then to 150 million in the third year.

With the help of large-scale industrial production, the expansion of this number is not worth worrying about, and the government finances that have completed the most primitive accumulation are completely affordable. Because the income of industry of the same size must exceed the income of agriculture, otherwise the distinction between the primary and secondary industries would be meaningless in political economy. It's a big deal to use the surplus of industry to feed back agriculture. In addition, a new issue of treasury bills is issued every year, and although it is a bit like eating grain, it can finally breathe a sigh of relief.

In this way, the issuance of treasury bills by the government began to proceed relatively smoothly. Now that the people trust the government, some of the bolder measures can be implemented without being curbed by the local authorities as the mandatory issuance of Treasury bills.

Zhang Hanqing smiled, he called it "Secretly Crossing Chen Cang".

As a result, Zhang Hanqing's issuance of various "coupons" was much smoother.

Through various "coupons", the capital scattered among the people in the three eastern provinces was gradually concentrated in the hands of the government in the form of currency barter. The young marshal is not as good as his father in terms of other things, and his ability to make money is much stronger than his father. The handsome man relied on being a horse thief and a beard for the whole money, and the money was not authentic. The young marshal "reads" foreign books, understands the economy, and the method of making money is much cooler.

For example, the specialty of the Northeast is soybeans, and the young marshal specially poured soybeans to sell them in the international market to make money. Someone is going to say, how much money can you make by pouring soybeans? Dumping is not the same as dumping, the young marshal issued a non-convertible "soybean coupon", which is the same as waste paper except for flowers. The young marshal took the waste paper to buy soybeans from the villagers, and took the soybeans for export in exchange for money, and exchanged the money for buying arms and engaging in construction. Although the initial stage was a bit cruel, it was an indispensable first step towards the recovery of China, which was poor and weak. It seems that the Chinese Communist regime in the original history also used agriculture to supplement labor for decades before moving towards industrial development, and a superpower in the official history relied on constantly printing dollars to maintain its economic status, which seems to be the same thing. However, this Zhang Hanqing is stronger than the young marshal in the official history, and he will not do those things that kill chickens and take eggs. In the future, when it is developed, all kinds of "bonds" will still have to be cashed, and it will be treated as if it is currently a national bond with a term of N years.

The essence of all kinds of "debts" and "bonds" is to barter bonds and bonds issued by banks under the control of the Northeast Autonomous Government. Because it is within the jurisdiction of the provincial governments, to a large extent, it has replaced the small foreign bills and cash foreign bills that circulate in the market, so that the foreign banks, especially the Japanese-funded banks, who used to call for wind and rain in the financial field in the northeast, cannot afford to be hurt, because they have been reasonably and legally deprived of their tentacles to enter the rural areas of the northeast---- the rural areas have no money to save, and the peasants only have "debts," "coupons," and "tickets." In the northeast region, where the industry is still underdeveloped, it is not a good idea to open a bank just by relying on the pitiful transaction volume of people in the cities.

They also wanted to put pressure on the Beiyang government through the government, but because the three eastern provinces were essentially independent kingdoms, the central government's fiscal policy did not work outside the Guanxi because the people were autonomous.