Chapter 329 Silver Bill
Because Jiang Li contained the Sichuan army, which had originally thrown itself into the suppression of the red forces, and directly defeated it, the red forces in the northeastern Sichuan region also made great progress. At this time, Sun Dianying was afraid of the might of the 15th Route Army and gave up his plan to cross the Yellow River in the south, and the Sichuan army alone could not threaten the booming new force in Gansu. Yang Hucheng was also very resistant to the Central Army's entry into Shaanxi to suppress bandits, and in this regard, Nanjing had to temporarily give up the idea of further suppression after the defeat of the Sichuan army.
Under Kong Xiangxi's maneuvering, Jiang Li and Liu Xiang held a meeting in Pingchuan, and after determining the initial sphere of influence of the two sides, Jiang Li had the right to build roads on his own in northern Sichuan. But the construction of the railway to Chengdu was still shelved by Liu Xiang, and as for the original military compensation, Liu Xiang naturally had no money, let alone tens of millions of compensation. It was only the twelve counties in northern Sichuan that were assigned to Jiang Li's 15th Route Army. These dozen counties have millions of people, almost equivalent to most of Gansu Province, not to mention that after gaining a firm foothold in northern Sichuan, Jiang Li can continue to absorb young and strong people through this bridgehead to fill the labor gap in the northwest. After the inability to obtain greater benefits, the Ma Zhuangchuan North Cluster officially retreated to more than 100 miles north of Deyang. At the same time, construction has begun on two highways from Gansu to northern Sichuan.
In the 23 years of the Republic of China, apart from the internal war, relations with Japan were relatively calm years, and because the war in northern Sichuan exceeded the consumption of the advance, the northwestern finances were greatly reduced last year, and the military expansion plan originally scheduled for the first half of the year had to be postponed. This question Feng Zhanhai. Wang Tiehan and others mentioned it to Jiang Li more than once. Due to the previous construction task, it was paved too large. The follow-up investment still exceeded Jiang Li's expectations. The funds originally invested in agriculture, forestry and water conservancy, and grain reserves could not be moved, and Sichuan began to erupt in this year due to successive military disasters and the impact of natural disasters, and a large number of refugees poured into northern Sichuan and Gansu. Relief and resettlement of these victims also took up a lot of money, and almost all of Huaqian Group's profits were invested in this aspect. Seeing that a large amount of income can't fall into his pocket. Jiang Li, who is used to spending money lavishly, also tasted the bitter fruit of lack of money at this time.
It lasted until June. As a traditional silver-producing power, American capital controls 66% of the world's silver production and 77% of silver smelting (see Wang Xi (1992). But the silver industry does not play a significant role in the U.S. economy. According to 1934 data, the value of silver that year was only $32 million, less than that of peanuts and potatoes, and even less than that of wheat and cotton. However, silver is important for the seven western states where production is more concentrated (Utah, Idaho, Arizona, Montana, Nevada, Colorado, and New Mexico). But it matters, and senators from these seven silver-producing states control one-seventh of the voting power in the Senate. With the legislators of these states, especially the Democratic ones, as the core, and the producers of copper, lead, zinc and other by-products of silver, the so-called silverbloc has been formed, and the US government and politicians have found that the only way to please the silver bloc is to please the silver bloc. It is possible to pass other policies or bills smoothly.
President Roosevelt also needed the support of the Silver Bloc in order to pass a series of bills on the New Economic Policy, and partially connived at the activities of the Silver Bloc (the famous Silver Senator Pittman was the chairman of the US Senate Foreign Affairs Committee at the time). He once declared that if President Roosevelt did not raise subsidies for silver producers, he would ask the Senate not to vote on the "neutrality law." The passage of the Silver Acquisition Act in June 1934 marked the culmination of the Silver Group's lobbying activities.
Considering that increasing the purchasing power of silver would allow the backward Republic of China to buy more weapons with limited funds to resist Japan, which was gradually losing control and wanted to dominate the whole of East Asia, in this respect, it was also in line with the Far East strategy of the United States. These combined factors led to the passage of the Silver Act. As the United States, a wealthy man, began to accumulate silver, the international silver price suddenly swept away the previous decline and rose sharply.
Jiang Li, who learned that the silver bill had finally passed, was relieved, and he had been preparing for several years, just for this time. In the early stage, more than 50 million US dollars of reserves were prepared, and later through bank revolving mortgages, coupled with part of the investment of Huaqian Group, Feng Yong's accumulation of silver at this time has reached a jaw-dropping level. Due to the good model laid down before, in the early days of the passage of the Silver Act, silver was still bought at an astonishing rate. The wealth under Feng Yong's hands swelled to an extremely astonishing level in a short period of time.
"Division, Commander, this, is this true?" Tibetan Shiyi, who is known as the money bag of the 15th Route Army, saw the funds transferred from various accounts of Haime, and Tibetan Shiyi repeated this sentence in a dreamlike voice.
"It's true, it couldn't be true, it couldn't be more true. Start the Northwest Rising Program today. These hundreds of millions of dollars must be put into practice as much as possible. Within three to five years, the infrastructure and industrial capacity of the northwest must be upgraded by several levels. Jiang Li looked at Tibetan Yi with satisfaction and looked extremely surprised. According to the data reported by Feng Yong, through revolving mortgage, this conservative estimate can directly obtain 3. The windfall profit of 600 million US dollars, coupled with the original principal, will reach an astonishing 4 after successively selling the silver in hand. $100 million. In this day and age, such a large sum of cash is undoubtedly astronomical.
"Commander, rest assured, such a large amount of money is invested, and it is guaranteed that the commander will see a new Northwest." Tibetan Yi swore a promise.
"Well, road construction, petroleum, steel, electricity, sulfuric acid, automobiles, tractors, you and Chairman Shao each grasp these industries." Jiang Li nodded, the industry was handed over to Tibetan Yi and Shao Lizi, he was relieved, for the munitions, the production capacity should be at least doubled by one or two, although the military industrial system built in the northwest has begun to take shape, most of the weapons have been able to produce themselves, but there are still many weak links in the entire industrial chain, whether it is the purchase of machinery or the introduction of talents, in Jiang Li's view, there are quite shortcomings, with this injection of strengthening, the production of guns in the northwest will rise a few steps, laying a solid foundation for the War of Resistance, As for the construction of aircraft and tanks, which were already very lacking, they will also be greatly strengthened. These hundreds of millions of dollars are spent, and the future War of Resistance will never have the eight-year tragedy in history! (To be continued.) )