After the treaty was adopted, Zhu Jinglun sighed, humiliated. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

But this is already the most pragmatic result, unless there is a war with the United States, it is impossible to organize the United States to exclude China, and it is useless to fight a war with the United States, because even if you win, it is impossible for European countries to watch the Ming Dynasty destroy the United States, let alone watch the Ming annex the United States.

After Japan's First Sino-Japanese War, the annexation of the Liaodong Peninsula of the Manchu Qing Dynasty still attracted the intervention of the three countries to return to Liao, even if the Ming Dynasty won the United States, as long as it proposed to cede the territory of the United States, I am afraid that European countries would intervene.

And it is difficult to say whether the war will be won or not, Britain has attacked the United States many times, and even the White House has been burned, and in the end it is not to negotiate peace with the United States, the Americans are not as weak as imagined, the country of cowboys, and the people with guns in the whole people, even if the capital is occupied, will not surrender The style of work is likely to make the United States more difficult to deal with than European countries.

The only benefit of fighting a war is to be able to wash away the shame.

Now through a slightly shameful initiative treaty, let Daming retain a gap in immigration, although large-scale immigration to the United States is impossible, but Daming has seized the opportunity to immigrate enough people, these relatives can immigrate to the United States according to the treaty, these immigrants who have gained a foothold in the United States, will form a strong immigration momentum, continue to attract Ming immigrants to settle in the United States.

But just like every time the Ming tried to protect the Chinese diplomatically, the U.S. government began to rebound again, and their Chinese Exclusion Act was passed, but not against Ming nationals, but at Manchu nationals from northern China with pigtails, and this Chinese Exclusion Act was even stricter than the historical one.

With immediate effect, Manchu nationals were prohibited from continuing to immigrate to the United States, and were prohibited from owning real estate in the United States, engaging in business activities in the United States, employing Chinese in American companies, visiting relatives, re-entering the United States, and Chinese women from entering the United States.

It can be said that this Chinese Exclusion Act was put in place almost in one step, completely satisfying the wishes of the anti-Chinese forces in the United States, of course, the objects of prohibition were limited to the Chinese in the Manchu Qing Dynasty, and the Chinese holding Ming passports were not among the prohibitions.

It is already conceivable that the Manchu expatriate, who make up half of the Chinese in the United States, will slowly disappear from American society, and whether or not they have obtained American citizenship will no longer be welcomed by the United States.

Since the beginning of this year, the railroad boom in the United States has begun to subside, and the result of the previous railroad boom is that the economic crisis, the bankruptcy of enterprises, the unemployment of workers, and the intensification of social contradictions.

Obviously, in order to calm the conflict, the Chinese became scapegoats and victims.

Historically, with the ebb of railroad construction in the United States that began in 1882, it triggered the thirteenth economic crisis in the history of the world economy.

In the years leading up to the economic crisis, the United States built twice as many railroads as it actually needed. Vicious competition on parallel railways and the race to cut freight costs have made railway operations unable to make ends meet, and banks and investors have sold railway stocks and bonds one after another. In 1883, the price of American railroad stocks fell below par value in the London market. Investment in railways has shrunk sharply. Between 1882 and 1883, locomotive production fell from 2,282 to 800, a drop of 65%. Coal production fell by 7.5 percent, pig iron production by 12.5 percent, cotton consumption by 15.4 percent, and even steel production, which has been growing, fell by 10.7 percent, exports by 13.4 percent, and imports by 22 percent. From 1882 to 1886, the wholesale price index fell by 24.1%. The depression lasted for four years.

Obviously, this is another economic crisis caused by overproduction, and Daming cannot be unaffected, because the U.S. market is already the second largest export market for Daming's most important industrial product, raw silk.

In fact, this year, Daming's raw silk exports have begun to decline, and Zhu Jinglun knows that winter is coming, and there is a long period of economic recession.

This time, the Ming Dynasty will not passively bear the blow of the economic crisis as it did during the last economic crisis, and Zhu Jinglun decided to use administrative means to support the economy through the difficult years in the future.

First, as a late-developing country, Daming's industrial production is far from the extent of surplus, bulk industrial products steel and cotton cloth are net importers, Shanghai's annual imports of cotton textiles have reached the scale of 30 million taels, Kowloon's imports are also more than 20 million taels, as long as tariff protection, can effectively resist the dumping of British and American textiles, can retain a huge domestic market for Daming capitalists, cotton textile industry will continue to develop.

Second, continue to promote the construction of railways, the construction of railways in the Ming Dynasty has not formed a speculative frenzy like the United States, let alone parallel railways, and even the first railway network has not yet been formed, and there is space for building railways. Promoting the construction of railways can continue to create a huge steel market and machinery and equipment market. The steel and machinery industries will continue to grow.

With the continuous development of the two pillar industries of iron and steel machinery and cotton textile industry, the only industries affected by Daming may be tea and raw silk, which are too dependent on the international market.

As long as the development speed of the steel and textile industries can make up for the loss of tea and raw silk, the impact of the economic crisis on the Ming Dynasty will not be great, because the capitalist economic crisis is mainly the crisis of overproduction caused by speculation, and the various industrial industries of the Ming Dynasty are far from reaching excess. Historically, Japan did not break out until 1900 when the first capitalist economic crisis broke out, and the current level of industrialization in the Ming Dynasty is obviously not as high as the industrial level of Japan in 1900, but the market is larger than that of Japan in 1900.

Zhu Jinglun's directives alarmed the technocrats in the government, and the only way for Westerners to deal with economic crises in this era is to adopt deflationary methods and save government spending. The main purpose is to maintain the credit of money in an economic crisis, because every economic crisis is accompanied by financial panic, a run on banks, and the failure of large banks.

Zhu Jinglun's method was to do the opposite, using a loose monetary policy to continue to stimulate the economy, and the technocrats feared that this would cause another collapse of the Ming currency, so they collectively advised that they did not want the government to use administrative means to expand investment.

This is again a collective act of the bureaucracy, another violation of the imperial power, and the Ming bureaucrats are becoming more and more independent thinkers. And Zhu Jinglun found that they had firmly controlled the politics of the Ming Dynasty and truly matured.

In the past, they even solved the interference of the military clique in the government's actions, and quietly divided and disintegrated the forces of the Young Zhuang faction.