The Lake Milin basin is a busy scene in late summer and early autumn. This vast wasteland, once dominated by swamps, reeds and aquatic shrubs, has been developed over the years and is now a fertile land.

Large areas of flat land were neatly cut and divided into three parts of the third class, one for the high field, one for the middle field, and one for the low field. Three plots were planted with crops, either wheat, soybeans, or alfalfa, and the ridges between each acre of land were also fully utilized, broad beans, black beans, and the "high sugar 48" sugar beet that the Northern Botanical Garden had just begun to promote, in short, every piece of land was used cleanly.

Piles of hay were piled up all over the fields, not forage for rural livestock - they had higher alfalfa to eat, but what farmers used to fertilize their fields. This forage is usually cut by the children after school in the field of the commons, and on the sparsely populated east coast, the unallocated commons are covered with wild grass that is taller than these children.

The children were busy in the fields, but the adults were not lazy, carrying large bags of soybeans and selling them to merchants who came to the countryside to buy them (these were often part-time grocers). And if these merchants need it, they don't mind using their family's cart to make a cameo role as a transporter for them. Anyway, now that the sand roads in the countryside are being repaired more and more, the road conditions are okay, so why not use the idle cart at home to help transport soybeans and earn a freight subsidy for the family.

Farmers in the Lake Milin area have a tradition of growing soybeans, which is linked to the region's thriving oil mill economy. In today's Meilin Township, Qishan Township, Qiuyi Township in Meilin County and Heyangbao in Xiayihe County, almost every household in these four townships has grown soybeans, and some radical farmers have even planted soybeans in two seasons a year. As for the cereals that he and his family eat on weekdays, they all rely on outsourcing. It can be called a pioneer in the commercialization of agricultural products.

Among these people. A group of the earliest craftsmen used their surplus goods to complete the primitive accumulation, plus a group of soldiers who returned from the battlefield, and private capital began its own initial pursuit of profits.

They certainly started with the agriculture they are most familiar with! As a result, the local soybean harvest began to flourish in deep processing. Soybean-based industries such as oil mills and soybean products factories began to flourish, especially after Genoese opened up a small market for soybean oil on the east coast in Europe.

In Qishan Township, Meilin County, where the soybean industry is the most developed, there are more than 10 new oil mills last year alone. Soybean oil production capacity has soared by 32%, depleting all the new soybean production capacity this year. That's not all, they even imported a large amount of soybeans from the neighboring counties of Zhenhai, Xiayihe and Dongfang, otherwise there would be no enough to produce and consume.

It's amazing how quickly the soybean industry has grown. Officials at the Ministry of Agriculture even felt a chill from this, and it was a good thing that the commercial capital that Meilin County had managed to accumulate began to gradually enter the industrial field, but everyone was swarming to enter the soybean industry, which was too risky. You know, what is the state of the international market today. Everyone is in the dark, although the soybean cake industry continues to be optimistic. The soybean oil industry has also been growing at a high rate for three years, but who knows what will happen next year? In case of changes in the international market, how can such a large domestic soybean product industrial capacity be digested?

To this end, the Ministry of Industry and Commerce and the Ministry of Agriculture sent a joint research team to Meilin County in February of this year (1649) to begin a thorough investigation of the local soybean industry. Liang Jian, who served as the magistrate of Meilin County, was puzzled by the central government's dispatch of personnel to conduct research, and he pointed out to the researchers that last year, Meilin County's economic indicators grew rapidly in an all-round way, and a large number of handicraft workshops were added. In addition to those oil mills, two new paper mills (pulp from soybean stalks), two carpentry workshops and one machine repair workshop were added.

The continuous construction of the workshop has led to the vigorous development of civil engineering, last year, Meilin County consumed a total of 148,000 yuan of civil engineering costs, more than 1,100 tons of steel, more than 1,900 tons of cement, 13,500 tons of coal, 95 million bricks, 4,220 logs, which greatly promoted the development of related industries in the county and neighboring counties.

All in all, the size of Meilin's economy has increased by about 30% in the past year, and the government's fiscal revenue has also increased significantly. Correspondingly, the common people have also shared the benefits of economic development, which can be seen from the increase in the sales of cotton cloth and leather goods in the state-run department stores, when there are no other investment channels (such as land purchases), the common people who are plagued by inflation (in recent years, the average wage of workers has gradually increased from 4-5 yuan to 6-7 yuan, and the price rise is similar) has also begun to get used to consumption.

Although the Meilin County Government is relatively satisfied with the economic development of the past year, the central government, from the perspective of the overall situation, finds that the economy is in danger of overheating. With the end of the war that lasted for nearly three years and the unchanging inflation trend in China, private capital began to have an increasingly strong investment impulse, so all kinds of small workshops and small enterprises began to appear in the territory of the East Coast Republic of China. Because most of these private capital are converted from commercial capital, they can only start with agriculture, forestry, fishery and animal husbandry products with a low threshold for lack of industrial technology accumulation, among which soybean and related industries in Meilin County and machine flour industry in Zhenhai County are the two most prominent industries.

These two industries are characterized by low barriers to entry, abundant raw materials and ready-made sales markets, so they quickly attract large sums of money. At the same time, the United Industrial Credit Bank has also lent a large amount of money to these enterprises, and the total amount is believed to have reached as much as 450,000 yuan. But in the midst of this prosperity, officials in the Council also quickly saw the danger that there was no doubt that the East Coasters were producing far more goods than they needed, and that these huge surpluses would have to be absorbed by overseas markets in order to sustain these industries. Otherwise, once the foreign market changes, then these domestic overproduction industries will face the catastrophe, and now the workshops that are busy starting production will not fall more than two-thirds of them are considered lucky.

The Government Council obviously can't bear such a tragic economic adjustment, therefore, it is inevitable to send personnel to find out the two overheated industries, and to regulate and control the total production capacity, and this is also the reason why the central research team is fully stationed in Meilin County, worried about the international market changes and the explosion of the domestic soybean industry The bureaucrats of the Government Council agreed that the industry can no longer be allowed to develop without restrictions, and macroeconomic regulation and control is imperative!

Liang Jian, the county magistrate of Meilin County, who is the founder of the soybean industry, is very unimpressed, and he finally found a way to develop the local industry (in fact, he tried to develop the machine flour industry before, but was overwhelmed by the competition from the milling mills in the Duck Lake area, which employs a large number of cheap Brazilian labor), and was preparing to show his strength, but he didn't expect to send someone to interfere, which is really unreasonable!

To that end, he pointed out that this year not only Genoese had ordered a batch of soybean oil from the Qingdao market, but also the Dutch from neighboring South Africa, and businessmen from Britain, a war-torn country whose butter production had fallen to an all-time low, and had begun to try to import some cheap soybean oil from the east coast. These orders from overseas markets have been enough for the large and small oil mills in Meilin County to work hard to start production for more than half a year, and now you actually let me pay attention to the scale of control, are you kidding?

In addition to soybean oil, the market prospect of soybean cake, another by-product of the oil extraction process, has also begun to become more and more popular. This residue left over after oil extraction is rich in nutrients, contains a lot of protein and fat, and is a very good feed, which is currently purchased in large quantities by the East Coast War Department and the Ministry of Agriculture; In addition, the soybean cake can also be used to fertilize the fields, and since the second half of last year, sugarcane and tobacco plantations in the north of Brazil have been placing orders to import them one after another, and to improve the plantations that have been depleted by the cultivation of sugarcane and tobacco. It is said that the effect is not bad, so it is a high probability event that this year's soybean cake orders will increase further. In this case, you asked me to pay attention to the scale of control, are you still kidding?

The joint research team sent by the central government returned to the capital in disgrace amid the unanimous disdain of Meilin County. However, this has not changed the central government's determination to regulate and control the scale of production, reduce economic heat, improve the industrial structure, and reduce inflation, so it may be difficult for Meilin County to receive credit support from the United Industrial Credit Bank from March this year, which will undoubtedly pour cold water on the local overheated economy.

After all, the economy is in danger of getting out of control, and it is much more reliable to make adjustments on your own than to blow it up and then let it recover on its own. Now that the war in Europe is gradually over, industrial and agricultural production is gradually recovering, and the dignitaries of various countries have begun to shift their energies away from religion and war, and quickly turn to economic development. As a result, the mercantilist countries of Europe would become extremely hostile to foreign goods. At that time, trade frictions and trade barriers began to intensify, and the sales of goods on the East Coast would inevitably be difficult, which further led to the decline in the profit margins of East Coast goods and the shrinking of the market, and then triggered a series of negative chain reactions in China.

This is not unfounded, as this seems to be happening in some countries and regions. (To be continued......)