Section 246 Stabilize the market
Yang Chao understood. Pen, fun, pavilion www. biquge。 info
The Japanese can't bear Shandong's breath and want to collapse China's economy, and they have a good calculation.
The Japanese banks in Shanghai now have only one Zhengjin Bank, which is their clearing bank, and the other commercial banks have returned to China in fright because of Yang Chao's exclusion, especially the confiscation of Japanese property.
It is not strange that the Bank of Japan is making trouble in Shanghai, but it is strange that HSBC leaked secrets, and HSBC would take the initiative to betray the Japanese, which is strange, and it seems that the Sassoon family has learned to be honest.
"A run on a Japanese bank makes it difficult for you to become like this? Don't forget, you are the mayor of Shanghai, you are the official! ”
"You have to let the foreigners, let the Japanese know that you are in charge of them. You won't seize the Zhengjin Bank? What, no reason? Do you need a reason? Then I'll give you one! Let's just say that the Japanese were suspected of smuggling, and sent troops to close the Zhengjin Bank first. ”
Yang Chao angrily threw down the phone.
This Xie Guanhui is good at everything, but he is still too weak when it comes to dealing with foreigners.
Although the Bank of Japan can be seized, the run on the Japanese is not easy to resolve, after all, as long as the banknotes are overissued, they have the weakness of being attacked.
After the seizure of Zhengjin Bank, Xie Guanhui still couldn't stop the run, and asked Yang Chao again.
"Free up the gold reserves and buy silver!"
In the first step, Yang Chao could only ask Yang Zi Bank to take out the gold reserves and increase the silver reserves to cope with the exchange of paper money.
"Mobilize the major chambers of commerce in Shanghai and tell them that they need their support for Shanghai's banknotes."
"Tell HSBC that they need a small favor now, and let them come forward to help stabilize the market."
"Gather the capitalists of Shanghai, large and small, and tell them that we have sufficient reserves and have begun to purchase silver from abroad, so that they do not panic and do not join the run for the time being."
All the economic forces in Shanghai have been mobilized, especially the foreign-funded banks and capitalists, who have the most paper money in their hands, and how many cents can ordinary people have in their hands?
Especially those capitalists, many of their loans from banks and money banks are only on paper, and the banks actually don't have so much paper money, let alone so much silver, so if they withdraw money, it is estimated that the banks have only one way to collapse.
But these people simply can't do it, and the run continues, and many banks and a number of small banks that have recently opened their doors have begun to close.
"A state of emergency was declared in Shanghai, and the exchange of banknotes and silver was suspended. Yangzi Bank lent unlimited amounts of banknotes to those bankers. At the same time, bonds were issued to tighten banknotes. ”
Yang Chao had to use administrative means to announce the suspension of the exchange of paper money for silver. Then let Yangzi Bank print paper money to Qian Zhuang Bank, so that those entrepreneurs can withdraw paper money, but the credit of paper money will be maintained by bonds. The credit accumulated by Yangzi Bank will be used this time, of course, if it can't withstand it in the end and collapses, the credit will be completely bankrupt, and if it resists, the credit of Yangzi Bank will increase greatly.
At the same time, the team sent by Yang Chao to the United States to negotiate the purchase of silver also reported back the results, and the Americans took advantage of the fire to rob and demanded that the price of 1:30 be exchanged with them, and the price of silver had stabilized to 1:37.
The United States is the world's largest producer of silver, and Mexico and other South American silver countries are basically controlled by the Americans.
In fact, the United States was nominally on the gold standard at this time, but in fact it was a double standard of gold and silver, and silver accounted for a large proportion of the total reserves, a quarter when it was less, and half of it was higher when it was more.
Yang Chao's exchange of gold for silver was only good for the firmness of the dollar, but the Americans did not allow a large amount of gold and silver to be shipped out of the United States at this time, and Yang Chao was forced to use the 500 million warship purchase fee to buy silver from the United States at a high price.
1 to 30 can only allow Yang Chao to buy 600 million taels of silver, but he can't take care of it in an emergency, so let the Americans make some cheap, anyway, Yang Chao knows that European gold will come to the United States or China after the war, and he is not short of gold now, only silver to stabilize the market.
Five days later, a large number of airships directly airborne in Shanghai, a large number of boxes of silver from the airship to move down, Shanghai's panic disappeared, major enterprises actually need paper money, after all, they have to maintain production, this period of orders continues, business is a good time, but because there is no money can not pay wages, can not buy raw materials to start work is insufficient, resulting in a sharp rise in prices on the market.
After the confidence was restored, these companies did not run on silver, whether it was silver or paper money, they were all sent out, and there was no change in prices, and the Shanghai market stabilized.
The most important thing is that the run has not spread from Shanghai to other places, especially Shandong, otherwise Yang Chao will not be able to control it, after all, Shandong's factories are the largest owners of paper money, and they are also the biggest bearers of loans, if they panic, the ghosts can't pull it.
At this time, the factories in Shandong are too lazy to care about those, they are crazy about production and crazy money.
Because since the beginning of the Russians, the British and the French finally couldn't hold back and began to buy arms from China, because thousands of soldiers fell on the battlefield.
The French organized an army of millions to launch an offensive against the German army, on the line from Verdun to Paris, on the line of the Marne, with a total force of 2 million, more than double the 900,000 German troops on the defensive, and they wanted to annihilate the German army in one fell swoop during the East Prussian campaign launched by the Russians, and then directly enter German territory with the Russian army.
But their soldiers were harvested by the Germans like wheat, and they kept sending new recruits to the front, and it was not a problem for the French, who had a perfect mobilization physique, to recruit people, but the problem was that the supply of weapons that was worn out could not keep up.
The French also had a strong munitions production, but they also struggled to supply two or three million men, and most importantly lacked enough labor to maintain production as a large number of people were called up.
The skilled workers in the arsenal do not need to go to the front line, but the transfer of labor in other areas will also affect the military industry, and the industrial system is a net, which affects the whole body, and with the mobilization of troops, the result is that there is a shortage of raw materials in the arsenal, and there is a shortage of work, and the supply of front-line equipment is not available.
At this time, where did the French dare to let the soldiers attack without weapons, so they could only buy in large quantities, borrow money from the United States, ship a large amount of gold to the United States, and then transfer it to the factories in China through the New York market, which could only produce frantically to satisfy the growing appetite of Britain, France and Russia.
Not only did China eat enough, the Americans earned more, the Japanese also got large orders, the domestic economic crisis has disappeared, and employment is abundant.
People can eat enough, there are not so many things, recently the Japanese have been much more honest, not only in the northeast completely quiet, but also did not blockade Shandong, the whole country is busy digesting the large orders given to them by British mothers.
In order to appease the people's grievances, he took coercive measures against the chaebol and confiscated many banks and factories, but his subordinates were all soldiers, and they really couldn't compare to these chaebols, and those workers who couldn't eat enough to eat transferred their past grievances against the chaebol to Youpeng in Shanxian County.
In fact, no one is to blame, when the economic environment is good, fools can make money, and there are no complaints, when the economic environment is bad, the landlord's family has no surplus grain, and it is strange if they do not make trouble.
Now the environment is better, but the big soldiers under Youpeng in Shan County really can't run a business, so he returned the banks and factories to the chaebol, used to use bayonets to drive people out, and now he uses cars to invite people back.
Yang Chao still appreciates the overall situation of Youpeng in Shanxian County, and fools see that this European war is their own opportunity, even if they want to fight in the East, they will have to wait for the post-war.
But there are friends in Shanxian who shouldn't provoke Yang Chao, he can't swallow the breath of being kicked out of Shandong, and instructs the bank to run in Shanghai, which can be a tiger whisker for Yang Chao.
In fact, even if the Japanese don't provoke Yang Chao, Yang Chao will not let them go, not to mention that they are the first to go crazy.
"The airship unit is ready to begin training in bombing at sea."
Yang Chao planned to bomb Japan, and crossing the sea was the biggest difficulty, and it was not easy to grasp the sense of direction on the sea, and it was easy to make people dizzy after looking at the exact same sea surface for a long time.
This problem is not difficult to solve, and in Zeppelin's transoceanic airship team, there is no shortage of veteran captains who have been engaged in flight transportation between China and the United States and Europe for a long time, and a crew member can be transferred to help with training.
In Yang Chao's airship fleet, all of them graduated from Yantai Aviation School, and they originally learned to drive ships and the like, and they also have a foundation for learning these things, so it is definitely not difficult to master, and they can basically go to Japan to throw bombs in three or two months.
Yang Chao once again visited the industries in Shandong and Northeast China, and with the key support of the Wartime Industrial Bureau, one after another machine manufacturing factories were put into operation and turned into military production.
In particular, the 30 large iron and steel plants in the northeast, as the focus of the focus, were given priority in the supply of talents, building materials, and capital, and finally put into operation in early February 1915.
Naturally, the thirty steel mills all have a product line of military steel, which together is even larger than the output of the United States, second only to Germany during the war.
The visit was really fruitful.
Wu Liande of Harbin finally refined the mold.
"Dr. Wu, I heard you guys got penicillin!"
Yang Chao found Wu Liande in the laboratory and said happily.
This is a big killer, how many movies have played the story of penicillin, but behind the story is that Americans made a lot of money in World War II, although it is now World War I, but it is no less than World War II in terms of killing, and there are more if you don't get it right.
Therefore, as soon as Yang Chao heard that Wu Liande was inspecting, he immediately ran from the Tieling Steel Mill to the hospital.
Wu Liande was stunned: "Lord Yang, it's not penicillin, we just got a streptomycin, it's streptomycin." ”
Yang Chao suddenly felt speechless, Wu Liande didn't tell him what he had done, but he directly said his name. (To be continued.) )