Luoyang. Zhang Rang's mansion.

"This bond can't be sold anymore. Selling, it's nothing. Zhang Rang said to Zuo Feng.

"Chang Shi, I just got the news that the Republican Army has issued a new kind of paper money, which is different from bonds, and can be exchanged for more, and if you exchange it for paper money, you can buy bonds and stocks." Zuo Feng said excitedly. They're making old nose money on the IRA side. Their bank deposits are in the eight-digit range, and Zhang Rang may be in the nine-digit or ten-digit range. However, Zuo Feng knows that he can't compare, but he also has some other items of his own.

In this palace, there are too many small yellow doors and maids. Their income is meager, but their expenses are not very large, so they have to think about their future when they can have a lot of money. Therefore, they gathered all this money and put it here in Zuo Feng, so that they could bring them greater profits, which were quite considerable. Because they've split the money once before. 30% more than the principal. Thirty percent. How long will this keep them going?

And Zuo Feng took more, more than double the principal. Zuo Feng was probably the first to invent the fund, of course. It is still the ten permanent servants who make a lot of money. The money they and Zhang Rang made together was quite a lot, and they made money on their own. It's not worth mentioning at all.

In fact, the eunuch forces are the largest financial supporters of the Republican Army, and they have a lot of wealth resources in their hands, and most of these wealth resources are concentrated in the hands of the Republican Army, which also explains why the Republican Army has been able to develop so quickly. Because a large amount of funds are concentrated in their hands, with such sufficient funds, how can they not develop faster.

"Stop. What banknotes, listen, I don't care how you come. Buy more stocks. You have to buy stocks of any kind of company. Bonds give too little. This stock is the most profitable, buy, buy all the stocks on the market. Either way, just buy such stocks. We're going to be able to make a lot of money. Zhang Rang said. Zhang Rang still has a speculative factor in his bones, he knows what makes money, and the money comes quickly. He saw that the arsenals were the most profitable projects of the IRA, so it didn't matter how many stocks were on the market. He insisted on buying, and in short, such things were the most beneficial for them.

"Yes, Servant. I'll let them do it right away, it's very simple. Zuo Feng said happily. Because he can make more and more money. It's simple. Zhang let the large-scale buying, and the stock will continue to rise. Since it is rising, there is money to be made, and when Zhang Rang buys it, he also keeps buying. In short, keep buying a lot of stocks.

"One more thing, this telegram. What's going on? Do you know? Zhang Rang asked Zuo Feng.

"Telegram? What is this? "It's the first time Zuo Feng has heard of such a thing as a telegram, he really doesn't know about telegrams, he just knows that in many things, they are actively making money, especially constantly buying bonds and stocks.

"Alright. No matter what kind of electricity or what kind of report, you have to get some from the Republican Army. Got it. You're just a great achievement, and you can't get it. Hehe. Zhang Rang looked at Zuo Feng unceremoniously.

"Understood, understood. Attendant. The little ones understand, understand. Zuo Feng couldn't help nodding and said.

"Hmm. Go ahead and do it. Zhang Rang said. He cares about things like that, because it's so important to him. If such a thing cannot be resolved, His Majesty the Emperor will be able to take his dog's life.

Beigong. Firefox also heard some of the latest news.

"I didn't expect Han Sui's attack to come so quickly. Huangfu Song was still defeated as in history. In this way, that big man is about to appear on the stage of history. Ay. I still have a backer. He Jin, Yuan Shao, these are embroidered pillows. Cao Apu is capable, but unfortunately, his strength is still too weak, and he really doesn't know what to do when Dong Zhuo comes in. Firefox thought to himself.

The news of Huangfu Song's defeat suddenly reached Luoyang. Of course. Chang'an is not far from here, and the news should be delivered here soon, and Emperor Han Ling's mood should be very bad. Because Huangfu Song is difficult to use. It turned out to be defeated.

Giant deer. Zhu Jun was waiting for a specific battle report on the battlefield. But he didn't think the IRA would stop the war so easily.

"1st Infantry Division, to the south. The 3rd Infantry Division was in the Upper Party. Second, fourth, as well as separate infantry brigades. The Republican Army has at its disposal two infantry divisions and an independent brigade, with a combined strength of more than 35,000 men. Zhu Jun said with some chess pieces. In this way, he can learn more about the situation on the battlefield,

Although Zhu Jun could not get detailed changes on the battlefield, the main thing was that the republican army would carry out covert assembly, and they would disperse the troops, and the reconnaissance work of the army was very difficult. The second is that the area of operation is within the actual control of the Republican Army. It is difficult for the sentinels of the officers and soldiers to expand further, and if they go too deep, they will be caught. That would be more than worth the loss.

Zhu Jun saw a very strange situation, that is, the republican army still had reserves, two infantry divisions, and one infantry brigade. That's a lot of troops. However, the IRA did not unilaterally declare the end of the fighting, so in such a situation, there was only one possibility, and that was that the Second Infantry Division would also be engaged in the battle. So. The strength of the Republican Army will rise to a new height, and this height will have a great impact on them, and this effect will be very great.

Based on such a judgment. Zhu Jun believes that the conditions in Zhao'an could be better.

Lijiazhuang. War Department.

"The 2nd Infantry Division is advancing rapidly, they have reached the Yuan area, and the Iron Pincer Project can be launched." Jia Xu said to Shang Wu.

"Artillery, how is artillery?" Shangwu asked.

"Only light artillery got there, all small two-inch guns of caliber. Or a small one-inch cannon. It may not be very powerful, but it is enough to deal with the Black Mountain Thieves. Jia Xu said. The one-inch and two-inch guns are the products of the Second Arsenal of Handan. Such products were intended for export, because such artillery was lightweight, could be cast quickly, and at the same time the artillery posed less threat to the Republican Army. Large-caliber artillery can easily hit such a small cannon. This small cannon is lightweight, but its range is also very limited. The effective range is only a pitiful five hundred paces, but it is already equivalent to the heavy crossbow of the past. And the lethality is also quite amazing, especially when using scattered bullets. The infantry is easily opened with a big opening.

As soon as the small artillery for export was produced, it was sent to the 4th and 2nd Infantry Divisions in time because they were going to take part in the battle. As for export, it can be sold to officers and soldiers after use. They lacked a large number of artillery. Their weapons are still cold weapons, and the damage of muskets is still very large.

"Hmm. It's time to go. Shangwu nodded. These artillery pieces are not used for offense, but for defense, which can effectively block the intersection, as long as the blockade to the intersection, the Black Mountain thieves have no way to attack them, such a tactic is extremely effective. It's also amazing.

Jia Xu wrote some telegrams and handed them to the staff officers to send out. The advent of the telegraph greatly improved the speed of the Republican Army's information transmission. This allows them to react faster. Jia Xu is very satisfied with this. Shangwu is also satisfied, but Shangwu is concerned about safety, and the cable is easy to be cut by others, so the best way is to lay a spare cable. In this way, their situation can be in a very favorable situation. However, the cost is still very large.

"I want to continue to set up some cable factories. And then we will be more advantageous in terms of communications. Shang Wu said.

"Yes, money. The problem is that we don't have the money, and if we have it, we can do it. Jia Xu said.

"Hmm. Just when I didn't say it. Shang Wu said. In the end, it's still the previous problem, if they have money, they don't have to worry about such things at all, but the problem is that without money, they can't do many things. This is the case in fact.

"But I have a report here. It's about solving our money problem. Jia Xu said.

"Oh. What projects allow us to have so much money. Shang Wu asked with interest.

"Hmm. Quite simply, banks, more and more businessmen are coming here. Among them, there are some big businessmen, they have a lot of capital, but they want to do a bigger business, how do you do this business? Jia Xu asked.

"They should be shrewd, what business they fancie." Shang Wu said.

"Banks, they want to build their own banks. Commercial banks, they found that trade could not be separated from banks, because banks could provide more money, and they could also provide more money into the factories. It's a good business. Jia Xu said.

"Hmm. It seems that we need to create a new department, the banking department. They were in charge of negotiating with them, and we agreed that they would set up a bank, but they would have to comply with the bank's interest rate and reserve requirements. There are also forex comparisons and so on. Shang Wu said.

"It's all neologism." Jia Xu said.

"Of course. I just don't want it to get bad, you know, it's going to have a big impact on us, and the banking function is much more than any other business, they're in the monetary business, and we should be careful, be cautious. This is our condition. Shang Wu said.