Section 386 Prospecting rights of excess value
"Hehe, I think the credit of 10,000 tons of gold will make the market quite confident, and it shouldn't be a problem to increase the loan of 10 billion, right?!"
Zhang Jiaao didn't speak, his psychology was very complicated, and he just nodded lightly. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć ļ½ļ½ļ½ļ½
Soon the news that Yang Chao was going to donate 10,000 tons of gold to the country made Shanghai crazy.
Because Yang Chao did not donate this gold to the country in a low-key manner, but made a big show and held a press conference to announce it.
This naturally arouses the sarcasm of some ill-intentioned people.
At that time, a reporter asked: "Mr. Yang, some people say that you are a Yang family's purchase, what do you think of this?" ā
Yang Chao smiled very easily: "So much gold, it is indeed enough to buy a country, if you have a country in your hand, can you sell it?" ā
Yang Chao has never been afraid of others saying that he wants to be the emperor, and he is not afraid that someone will think that he is qualified to be the emperor, because he has always created a general trend, that is, he has enough qualifications to be the emperor, but if he is not right, others will not have any qualifications.
It's as if Washington is not king, others are not qualified and will not rise to the idea of king. He wants to get rid of those who want to restore the imperial power, and the ambition of those careerists.
After the press conference, everyone saw that the Shanghai military police blocked the road from Yangzi Bank to the central bank, and then truckloads of gold were transported from Yangzi Bank's vault to the central bank's vault.
With such fanfare, he is still announcing to everyone that Yang Chao really donated 10,000 tons of gold to the country, but he is afraid that people will not believe it.
Soon the Ministry of Finance issued an announcement in the newspaper, and they proved that they had received Yang Chao's donation of 10,000 tons of gold, all of which had been deposited into the account of the Ministry of Finance.
In this way, there are people who do not believe, the Chinese have an extremely strange character, they have the least sense of trust in their own government, but they have the most sense of trust, what the government says, they have to think repeatedly before they are willing to believe, but they firmly believe that the government will not go bankrupt.
This is not to blame the Chinese people, the traditional Chinese ruling philosophy is that the government does not trust the people, and in order to rule, it can use any means, and the people naturally do not trust the government. But the people always believe that the government will not go bankrupt, because in the eyes of the Chinese people, the bankruptcy of the government means a change of dynasty, unless the change of dynasty and the government will continue to do so.
Compared with the Chinese government's suspicion, on the contrary, foreigners are more confident, and the government has announced it, so there is no reason not to believe it.
Britain and France suddenly became enthusiastic about the talks, and they were still very uneasy when China had been negotiating loans with them, because they knew that the central bank had reduced more than half of its gold and silver reserves because of the economic crisis, which made them suspicious of the Chinese government's ability to lend to them.
The sudden addition of 10,000 tons of gold to the account of the Chinese Ministry of Finance immediately dispelled the doubts of the two countries, and the question of loans became a question of whether the Chinese government was willing to do it, not whether it could afford it.
So the two countries began to speed up the negotiation process, because they really need funds to rebuild, Britain is nothing, they did not suffer from the war in the war, the German bombing only touched them a little, did not blow up a few houses, but France is different, the ten northern provinces of France are war zones, and there are their most economically developed industrial and mineral areas, so France urgently needs to rebuild.
But the biggest difficulty of the French is that their gold reserves were depleted during the war, so they really can't continue to increase the government deficit, and now the pressure on the depreciation of the franc is already very great, and if there is no limit to fiscal spending to rebuild, the franc will inevitably depreciate, and the depreciation of the exchange rate is not terrible, but the terrible thing is the collapse, which is the inflation in the country.
So the French need a loan to stabilize the economy, they have looked for Americans before, but the Americans showed a cautious attitude towards the French borrowing after the war, because the French have borrowed too much money, the French borrow new debts to pay off old debts, they can still accept it, but continue to borrow large sums of money, they dare not accept, especially the United States is also during the economic crisis, lending money to the French, which means that their ability to cope with the economic crisis is reduced.
The international financial policy under the gold standard was different from that of later generations, because borrowing money out means borrowing gold out, because you have to be ready to accept gold withdrawals from others at any time, and Americans are not willing to accept gold outflows now.
So when the Chinese government said that they were interested in lending money to Britain and France for reconstruction, Britain and France were still very interested, so they sent people to negotiate. But there are always concerns about China's financing capacity, and if the Chinese cannot provide enough gold, China's banknote loans will be nothing more than a pile of waste paper, completely unsolvent in the international market, and even destroy China's economy because of this loan.
Now there is no need to worry, as soon as the 10,000 tons of gold of the Chinese appear, everything will not be a problem.
The question is just how much to borrow and how much interest is there.
As a result, Britain and France made some concessions one after another, which they had not agreed to until now.
These concessions included a promise to the Chinese government to offer a reciprocal reduction of tax rates, mutual investment allows, and the use of minerals as collateral.
Of course, the French refused to agree to use all their mineral mortgages, but it didn't matter if they used the minerals of the colonies, so they used some mining rights that had been discovered but had no ability to develop in Vietnam, as well as prospecting rights in Vietnam as collateral, hoping to borrow 1 billion gold dollar bonds from China, and 1 billion gold dollar bonds were 1,000 tons of gold, which was more than the current gold reserves of France.
The British were not non-negotiable, their own mineral deposits could not be mortgaged, but the colonies could consider it, so they decided to use their prospecting rights in Malaysia and Burma as collateral, hoping to get a loan of 3 billion gold yuan bonds from China.
The British paid less, but demanded more, and the Chinese government naturally refused to agree and demanded India's prospecting rights. However, India is the biggest jewel in the crown of the British king, and the squeezing of rich India is the guarantee of British strength, and they are unwilling to let China infiltrate here, so they resolutely refuse.
China instead demanded prospecting rights from South Africa and Australia. Britain rejected the two countries on the grounds that they were independent dominions and not their colonies. But Britain said they could consider minerals in their other African colonies, such as those in their German East African colonies.
China, citing the lack of integrity on the part of the British, announced the breakdown of the negotiations.
But the British didn't plan to give up, they came to Yang Chao, and they knew that Yang Chao could do this.
"Isn't it just prospecting rights? Didn't you all play like this in the past, how many mining rights were taken from the Qing government, how could it be on yourself, you can't think about it! ā
Old acquaintance, the British sent Zhu Erdian to negotiate, the two haven't seen each other for many years, and I thought they would never see each other again, because this old guy is afraid that he will not have long to live.
"You're right, so we're still willing to sell the prospecting rights in German East Africa."
Zhu Erdian took a bite of Beijing films, and Beijing did not treat it in vain in those years.
"The Germans have been in East Africa for so long and have not found anything, do you think, are there mines there?"
Yang Chao asked rhetorically, while entertaining Zhu Erdian for tea.
"The tea is good, um, a floral scent?"
Zhu Erdian took a sip and asked.
Yang Chao said: "Good taste, there are mountain flowers all over the mountain next to this tea garden, and they will be picked after the pollen baptizes the tea tree." ā
Yang Chao's ghost is actually the rock rhyme of Fujian rock tea, but the two temporarily diverted the topic.
Zhu Erdian recalled his time in Beijing, he is now retired, and it is because of his rich connections in China that he was specially hired by the British government, and he can also see that China is no longer as insignificant in the balance of Britain as it used to be.
"What do you think of adding prospecting rights to the Arabian Peninsula?"
Things will eventually turn to business, Zhu Erdian felt that the atmosphere was almost relaxed, and put forward new conditions.
Yang Chao's heart couldn't help but tremble, Arabia, don't say anything, just the oil buried in the ground is enough to make people's hearts move, oil is not only wealth, but also power, it can be said that whoever controls oil controls the right to speak in the 20th century.
Prospecting sounds like a scientific research activity, but in fact, it is imperceptible, with the right to prospect, it is natural to have the right to mine, whoever discovers it first, who mines it first.
During the war, the British sent Lawrence to the Arabian Peninsula to encourage the Arabs from the ****** origin to challenge the caliphate Turkey ********** the world, and finally expelled Turkey from the Arabian Peninsula.
It was only after the war that the British government broke its promise, did not allow these Arabs to establish a state, but snatched the right to rule it from Turkey, and confirmed the Arabian Peninsula as a British mandate through the Paris Peace Conference, turning the Arabian Peninsula into a British colony.
So now the British have the right to sell the prospecting rights of the Arabian Peninsula.
But he still shook his head: "Do you think there will be minerals under the sand of the Arabian Peninsula?" ā
Zhu Erdian smiled: "Maybe there is oil in that place, you should know that neighboring Persia has already extracted a lot of oil." ā
It's not that the British haven't explored anywhere, it's just that they haven't discovered it, and it's really difficult to explore in the Arabian desert, and the price of oil is not high enough to make people not lose money mining in the center of the desert.
Yang Chao said: "No, Australia and South Africa must be added. ā
Although getting oil from the Arabian Peninsula was enough to pay back the fare, Yang Chao insisted on South Africa and Australia.
South Africa is just a pretense, it is a bargain for the British, Australia is the biggest scheme, Australia's rich reserves of iron ore must be obtained, just like the iron ore in Brazil, mastering the iron ore resources of these two countries, Yang Chao almost monopolized the world's high-quality iron ore, and decades later, when the iron ore in the United States ran out, the whole world had to rely on him.
Moreover, ninety percent of Australia's iron ore has not yet been discovered, and lying quietly in the uninhabited wilderness is a good time to start. (To be continued.) )