Chapter 121: The New Deal (Part II)

After initially stabilizing the speculative financial sector where the crisis originated, Zhang Yue soon began to implement the new Industrial Revival Act and the Agricultural Revival Act.

In this country where capital and profit are paramount, Zhang Yue creatively implemented the minimum wage, the maximum working hours and overtime pay. The minimum wage allows workers to have the basic ability to support their families. This has an incomparable effect on limiting the endless monopoly of the family consortium and reducing and easing the increasingly tense class contradictions.

After settling the various weakened family consortia under coercion and inducement, Zhang Yue used a large amount of funds to vigorously support small and medium-sized enterprises in turmoil.

Zhang Yue is well aware that small and medium-sized enterprises are actually an important part of the country's backbone, and they can provide far more jobs than those of the consortia. After receiving financial support, small and medium-sized enterprises have played an important role in stabilizing society, absorbing the unemployed, and promoting economic recovery.

With regard to the hard-hit agriculture, Zhang Yue's approach was to first buy agricultural products at protective prices, so that the peasants would not go bankrupt because of losses. In addition to providing relief and selling to all sectors of society, the purchased agricultural products were also used for dumping in the colonies. This practice greatly damaged the interests of the colonies, but protected the peasants of the Ming Dynasty. Zhang Yue also has a more absolute measure, that is, to comprehensively increase the import tariffs on agricultural products in various countries!

Many countries around the Ming Dynasty, such as Japan, Korea, Tran Dynasty (Vietnam), Siam and other vassal states, exported agricultural products to the Ming Dynasty in addition to cheap mineral resources.

Their export products are low in price and large quantities, and they can earn a lot of foreign exchange from Daming. But in this economic environment, Zhang Yue didn't care about the thoughts of these vassals, and directly cut off the possibility of importing their agricultural products. to protect the country's agriculture. The most direct result of this practice was the anger and centrifugation of the vassal states.

A vassal like North Korea didn't dare to do anything no matter how angry he was, so he could only complain in his heart. After all, they are weak and have been influenced by Ming culture all year round.

But Japan, a country that already has a certain amount of strength, and at the same time has a very high morale and great ambition, is not just dissatisfied. The Chen Dynasty is a different situation, they belong to the arrogant kind of Yelang. As a villain who will repay and calculate. They also secretly hated Da Ming deeply. In other words, they have always hated Da Ming, but they didn't have a chance to show it when Da Ming was strong.

Zhang Yue enacted a new state relief bill. A special relief department has been set up to co-ordinate, transport, and distribute all kinds of relief funds and materials to various places, so as to alleviate the immediate needs of those who are unemployed. After all, when people don't have anything to eat, they can really do anything.

After helping the unemployed to survive the initial predicament, Zhang Yue began to invest heavily in the construction of national infrastructure. For example, a large-scale railway and highway construction plan, a large-scale tree planting and forest protection plan, and a large-scale river improvement plan. Construction of schools, reservoirs, power plants, various mining areas and other large-scale infrastructure. In addition, there are many urban infrastructures. For example, bridges, roads, sewer systems, administrative offices, hospitals, sports fields, airports, port expansions, etc.

Such a huge infrastructure development plan is enough to absorb a large number of idle laborers. Most of the huge amount of gold that Daming got from South Africa was invested in the financial market, and most of the money was invested in this project. Money can only play its true role if it is circulated.

The large-scale investment of funds has not only saved a large number of unemployed people. Moreover, it has promoted the flow of funds and consumption, and saved the real economy from another aspect, which lacks orders. This hugely invested program is not a one-time one-off. It will last for years. What provided Zhang Yue with confidence was the gold mine that Zhang Cheng robbed during the Boer War.

After the initial results of the New Deal, Zhang Yue then began to implement regulations such as the Social Insurance Act, the National Labor Relations Act, and the Public Utilities Act, consolidating the achievements of the New Deal in the form of legislation.

In his 1934 New Year's radio address, Zhang Yue said, "If the imperial court cannot take care of the old and sick, provide work for the strong, and inject young people into the industrial system." Allowing the shadow of insecurity to loom over every family is not a court that can or should exist. Social security should be responsible for the entire life 'from cradle to grave'. ”

With the support of the people and the army, Zhang Yue began to implement a series of social societies in the Ming Dynasty, a land where no rights and interests were guaranteed. will guarantee the system. At the same time, a new tax policy was introduced, which completely shattered the bad habit of not paying taxes that had lasted for hundreds of years! He even introduced an unprecedented law that was completely devastating for the Saga consortium, inheritance tax!

Zhang Yue's actions successfully saved the Ming Dynasty. But he also completely pushed all the family consortiums to his opposite. In the great consolidation of their own hands of power. At the same time. It also buries hidden dangers that cannot be reversed.

With the implementation of the new policy, Daming's economy began to pick up, and the number of unemployed began to drop significantly. The hearts of the people, who had already fallen into a trough, began to gather around Lord Shousuke. The imperial court, or the power in the hands of Zhang Yue. The force is significantly enhanced.

Zhang Yue's New Deal saved this unprecedented crisis. At the same time avoid fasis. Doctrine and (star) doctrine rose to power in the Ming Dynasty. Created a new model of state intervention in the economy, and the Ming Dynasty began to get rid of the family consortium government. The mode of governance gradually entered the period of state monopoly capitalism.

In fact, the biggest reason why Lord Shoufu was able to do so many decisive things came from the war commanded by Zhang Cheng to take away the world's largest gold mine from the Boers! With a large amount of gold as his hole card, Shousuke-sama has the confidence and determination to do what he has been wanting to do for decades in this once-in-a-century economic depression environment. Getting support from the army is actually pretty simple, you just have to have enough money.

This is also an important reason why Lord Shoufu looks at Zhang Cheng differently. Zhang Cheng has made great contributions to Lord Shoufu, and he himself is also a talented and outstanding young man. Whether it is out of return for credit or appreciation, Zhang Cheng's future has long been a smooth road.

In Zhang Cheng's eyes, Shousuke-sama is actually more like a devout believer. He believes in a philosophy that he has adhered to for decades. Zhang Cheng didn't know what the specific cause was, and he didn't want to know, it was a matter of the previous generation. He just knew that what Shousuke-sama was doing was in his favor.

Zhang Cheng's heart was still worried about Lord Shoufu's strong methods. Although with the help of the economic crisis and the support of countless gold and the army, he successfully did what he wanted to do. However, the foundation accumulated by the family consortium of the Ming Dynasty for hundreds of years must not be underestimated.

The family consortium is now seriously injured and chained by Shousuke-sama, but once the injury is healed, they will inevitably fight back violently! No one, any force will not give up lightly when it is related to vital interests, it will be a fight of life and death!

On December 20, 1933, Zhang Cheng held a grand wedding in the imperial capital and officially married Xu Xuan as his wife. A few years after coming to this era. Zhang Cheng finally began to fully integrate into this era. (For well-known reasons, the emotional aspects are no longer described, and the original emotional outline design is all abandoned.) Thank you for your understanding. Thank. )

After the grand wedding, Zhang Cheng soon married Lin Run'e again. This time it was just a simple in-house wedding, inviting some close friends and relatives to attend. Although everyone thinks that Lin Run'e is small, Zhang Cheng has made it clear at home that he has the same feelings for the two.

Fast forward to 1934. When Daming's economy began to gradually recover, other countries in the world gradually began to come out of the shadow of the economic crisis. However, most countries have adopted a large-scale military build-up method similar to drinking water to quench their thirst. This kind of absorption of the unemployed into the army. Large-scale investment in heavy industry and the arms industry to boost the economy can only end with war.

This is a deformed economic model with no turning back. The expansion of the armed forces and the arms industry will eventually reach a critical point. By that time, it will either collapse completely, or unleash a war on a scale that has never been seen before!

In March 1934, the Chancellor of the German Empire, Adolf Adolf. Hitler made a high-profile visit to Daming. The purpose of his visit was simple: to try to find a way to solve this distorted economic model.

The rise of the German Empire was in fact a powerful machine-building power built up on the occasion of the Second Industrial Revolution. The entire Europa economy actually revolves around Germany, and countries buy machines from Germany. As a direct result, Germany suffered the most losses in the face of the great wave of economic depression. Because their industrial products can't be sold.

Unlike the Ming Dynasty, which had a large number of colonies that could be used to dump industrial products, Germany, which had been clamoring for a land under the sun, did not have any overseas colonies. Their products can only be sold because of good quality. And the purchase price of raw materials has always been very high. The Germans were also unwilling to be used by the Ming to suck blood in this way.

When the Great Depression hit, most of the German factories closed down and countless workers lost their jobs. Advocating military expansion. The Nazi Party, which used force to seize living space for Germany, rose to prominence in a very short time. As the leader of the party, Hitler also naturally became the prime minister with great power.

When the recession hit, a large number of unemployed Germans began to look for a new way out. At that time, the (star)ism that originated in Germany was very popular. Rapid expansion of strength. The Junker aristocracy, the royal family, and the new capitalists, who held power in Germany, panicked and hurriedly chose to support fascism in order to suppress the (star) doctrine that was so terrifying that it would destroy them completely.

Soon after coming to power, the Nazi Party, represented by Hitler, began to implement economic policies that met the demands of the Junker aristocracy, the royal family, and the emerging capitalists. That is to support heavy industry and the arms industry to boost the economy. At the same time, the military was massively expanded to absorb the unemployed. At the same time brutally repression.

These practices have been very successful in a short period of time. But Hitler was keenly aware of the crisis behind the matter. With no other choice, Hitler decided to visit the Ming Dynasty in an attempt to find a solution to this ending that would eventually destroy everything. (To be continued.) If you like this work, you are welcome to come to the starting point (qidian.com) to vote for recommendation, monthly pass, and your support. That's what motivates me the most......)

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