Chapter 1120 - Forced Issuance of Public Bonds

In April 1939, the Nationalist Government began to issue construction bonds.

The total value of the public bonds for this construction is 600 million yuan. There are four types of face value of 10,000, 5,000, 1,000 and 100 yuan, with an annual interest rate of 6%, and the interest is paid twice a year.

Interest is paid only for the first two years after issuance, and the principal is repaid twice a year after two years, and is repaid in 25 years.

In the same month, with the approval of the Ministry of Finance of the Nationalist Government, Kong Xiangxi, and Chairman of the National People's Congress, the Shanghai District of the Military Command Bureau began to issue patriotic public bonds in Shanghai.

The so-called "patriotic public bonds" are actually construction bonds, but the interest is only four percent, and the interest is paid once a year. The total amount is 200 million legal dollars.

Of course, this was proposed by Meng Shaoyuan, the mayor of Shanghai.

At the same time, the annual interest rate will be reduced from 6% to 4%, and the interest payment will be reduced from two to one at a time, which will greatly reduce the financial burden of the national government.

Meng Shaoyuan's request was that he would withdraw one-tenth of the successfully issued public bonds as the activity funds of Shanghai, that is, 20 million legal currency.

Compared with the issuance of an additional 200 million yuan of fiat currency, and the return from the reduction of interest, 20 million fiat currency is nothing.

Kong Xiangxi readily agreed to Shanghai's request.

This would allow the treasury of the National Government to be replenished; Second, it can be regarded as a return to Meng Shaoyuan.

It's just that those businessmen in Shanghai, especially the traitor businessmen, are really down.

I just held a so-called business conference, and I was exploited by a good person.

Then, he was forced to show off the patriotic public debt.

Don't buy?

You don't buy it and try it!

Let's put a big unpatriotic hat on you first.

If you don't buy patriotic bonds, of course, you are not patriotic.

Then, those spies stay in your house every day, coercing and intimidating, making your wife and children worry every day.

This is nothing, the most excessive thing is that after that business conference, in order to maintain the operation of the factory company, I had to ...... to Meng Shaoyuan No, I had to borrow usury from the Shanghai District of the Military Command Bureau...... Loan merchants.

As long as you reveal the slightest idea of not wanting to buy patriotic bonds, you will be forced to sell factories, companies, real estate, and cars on the spot to repay the money.

Do you dare not buy it?

And the strange thing is that there are not only traitor businessmen in Shanghai, but also honest patriotic businessmen.

For example, the president and vice president of the Shanghai Federation of Industry and Commerce brought many businessmen with a sense of justice to Meng Shaoyuan and offered to buy a large amount of patriotic public bonds.

As for the interest or anything, it doesn't matter.

But the problem is that Meng Shaoyuan has a sad face: "It's gone." ”

Gone?

What do you mean?

200 million yuan, it will be issued out at once?

"Boss Meng, don't joke with us, how can 200 million yuan be issued so quickly? I think Boss Meng thinks that the interest rate is too low, for fear that we will suffer a loss. We are all Chinese, and even if there is no interest, we are willing to subscribe. ”

Everyone has said so, what else can he Boss Meng do?

But why did he have a painful expression on his face that had been cut by a knife?

……

"Your love will be Meng Shaoyuan, that is to pit people to death."

Seeing that there was still a little time before the meeting was held, Kong Xiangxi smiled and said to Dai Li: "He must have sold all the patriotic bonds to those traitor businessmen." If this war of resistance is won, and others are casually put on hats, do these traitors still dare to ask the national government for money? This annual interest, that is definitely not to be considered. ”

Dai Li also smiled: "What he is most afraid of now is that patriotic businessmen buy patriotic bonds, because there is no way to repay the debt." Minister Kong, my love will be in Shanghai, and I have single-handedly helped the Nationalist Government raise 180 million yuan, most of which still do not have to be repaid. ”

"No money, no money." Kong Xiangxi shook his head again and again: "Money is needed everywhere, there are holes everywhere, I am waiting for this money to fill these holes." Meng Shaoyuan made 20 million yuan in Shanghai, asked for money, and asked him to go. ”

"Ask him for it? This monkey cub is a miser! ”

"That's nothing to do with me!"

……

"Quickly exchange the fiat currency in our hands for dollars and pounds." Sending away those real patriotic businessmen, Meng Shaoyuan couldn't wait to call Wu Jingyi in.

Beginning in 1939, it was the period of accelerated inflation of fiat currency.

Thankfully, there are still three years left in the hyperinflationary phase of fiat money.

The purchasing power of a hundred fiat currency in 1939 was not as exaggerated as the so-called only one pig, and it was still possible to buy a big cow.

One hundred fiat currency is enough for a month's basic living expenses for a family of five in Shanghai.

However, compared with the 50 yuan before the Anti-Japanese War, it has still doubled!

Wu Jingyi also saw this.

She still really admires District Mayor Meng.

Although this eldest young master has a thick skin and a shortcoming, he is too accurate in looking at people and things.

He had already begun to convert fiat currency into dollars, pounds, and silver dollars, which he had long expected to depreciate.

"By the way, that Wu Liancai Boss Wu came here yesterday and wanted to ask us to borrow 50,000 oceans for a turnaround." Wu Jingyi thought about it at this time.

"How much did he subscribe for patriotic bonds?"

"He was forced to subscribe for 500,000 yuan, and his funds really couldn't turn over."

"Only 500,000? How long will I have to sell my 200 million? Meng Shaoyuan looked unhappy: "Let him add another 500,000 yuan, I really don't have any money, so I will use the property as collateral." His garden house is worth 300,000 oceans! ”

"I mean, it's okay to force him to buy patriotic bonds, but he doesn't borrow money, and this time he still received business from the Japanese, and he has to ask a Japanese trading company to buy raw materials. It's like you're doing business with the Japanese. ”

"Borrow, why not?" Meng Shaoyuan glared: "You can't force Wu Liancai to death, right?" This is one of our cash cows, we have to support him to continue to run the factory, the bigger his business is, the more we will make in the future. ”

It's a vampire.

Wu Jingyi smiled in her heart.

More than half of Wu Liancai's hard-earned money has to be used to repay the interest on the money lent to him by the Military Command Bureau, and the rest, God knows when it will be pitted by this Young Master Meng again.

And keep saying that you can't drive people to death?

Young Master Meng is going to suck the other party's blood alive.

"Nacheng, I'll notify him to get the money in a moment." Wu Jingyi said casually: "I heard that Ji Yunqing is selling his garden house in the French Concession, worth 350,000 yuan. ”

Meng Shaoyuan smiled.

Ji Yunqing's finances are in trouble.

After that batch of drugs was hijacked, not only Ji Yunqing, but even Li Shiqun also suffered heavy losses.

It is said that Li Shiqun is forcing Ji Yunqing to repay the money.

Let you dog-eat-dog.

Wait a minute.

Meng Shaoyuan suddenly blinked: "I suddenly want to buy Ji Yunqing's house." ”

"You?"

Wu Jingyi was stunned for a moment, and then reacted: "Are you going to pit Ji Yunqing to death again?" ”