Hu Chuyuan can form an alliance with any country, and can cooperate with any country, even if it is a foreign country, but there is only one exception, and that is Tsarist Russia.

So many years.

It's been so many years......!

Tsarist Russia has swallowed up Chinese territory along the way, and their greed and capriciousness are a unique alternative in the whole world.

If we take 1901 as the dividing line, after that, the most ferocious opponent against China is Yueben, and before that, it was Tsarist Russia, and those debts of Tsarist Russia have no chance to erupt, but those debts of Tsarist Russia are written very clearly on the map of China and in China's history.

Hu Chuyuan hated Tsarist Russia from the bottom of his bones.

He would not have fought such an unprecedented war in the Far East for France and Ben, and everything he did now and in the past was directed against Tsarist Russia, the real worst enemy of China.

Under the condition that the war in the Far East can be completely ended, he still has to continue to spend 1.8 billion yuan, and the goal is not to force the peace talks between Tsarist Russia, but to beat the water dogs and repair and bully Tsarist Russia at once.

Yes.

He asked Tsarist Russia to vomit out everything that had been swallowed in the past 213 years, and even vomited out the blood in his stomach.

Never let your mind be carried away by what he did later.

China's real biggest enemy will not be the original enemy, but only Tsarist Russia.

Actually, it doesn't deserve it.

Even after 10,000 years, China will still face the problem of Tsarist Russia.

August 27, 1902.

In the morning, Hu Chuyuan got the latest battle report in his prime minister's office, and although he was blocked by the navy, the main forces of the Beiyang Fleet and the headquarters fleet successfully broke through the restrictions of the Korean Strait and entered the port of Wonsan.

In order to ensure the Navy's supply and long-term combat mission at Wonsan Port, the railway and highway from Pyongyang to Wonsan have been completed in a hurry, and the construction of the military port area has been basically completed.

The submarine forces of the Chinese Navy are also secretly stationed in the port of Wonsan, ready to cooperate with the main fleet to deliver a final blow to the combined fleet of the Entente Far East.

In the Vladivostok region, the Russian army has already lost Twin Cities, and nearly 600,000 army defense units have been annihilated.

In order to force the Russians in the Far East to leave, in the process of advancing the army, especially the Northeast Corps, which had a large bandit background, took on the task of "disturbing the people", and the looting, smashing, burning and killing were all recognized.

Vladivostok, which the Russians had spent decades building, was in ruins, and a large number of Russians fled to the ravines to escape the war.

Spain and the Netherlands have announced their unconditional withdrawal from the Entente and the Far East War, and are actively negotiating peace with the Chinese Foreign Ministry.

French Foreign Minister Fareier Pena is in Yanjing, and he is also eager to reach an armistice treaty with China, and nearly half the French army and nearly half the strength of the French navy are squeezing into the port of Vladivostok.

France's biggest concern at the moment is that China will forcibly attack Vladivostok and destroy the French Far East Fleet and the last of its troops.

As a matter of fact, the peace talks between France, Spain, and the Netherlands and China have been dragging on for two months, and Hu Chuyuan is fighting and talking to strive for the greatest interests.

Now there is no need to delay, he is ready to concentrate on dealing with Russia and Yuben.

As soon as Hu Chuyuan finished reading the battle report that had just been sent in the morning, Foreign Minister Ouyang Geng hurriedly walked in, and he had been discussing the final terms with French Foreign Minister Fareer Pena all night yesterday, and he had not yet closed his eyes.

Entering Hu Chuyuan's office, Ouyang Geng was very excited to hand over a report, and said with a smile: "My lord, it has finally been negotiated, France accepted all our conditions, withdrew from the Entente organization, compensated my country 140 million pounds, transferred Guinea, Congo, French Somalia, French Guiana four overseas colonies and some Pacific islands free of charge, the overseas colonies and the domestic market were fully opened to China, and China was given the most favored nation economic treatment. As a condition, the French wanted us to leave the port of Rasson vacant for the time being, so that they could house the French army and the French fleet. ”

Hu Chuyuan couldn't help but exhale and sighed: "I finally agreed, these days, you have really worked hard." ”

Ouyang Geng hesitated slightly, and then said: "However, Fareel Pena and we mentioned another thing, France's military spending over the years has also been very large, the domestic gold reserves are insufficient, and with this war reparation, the French economy is likely to face a bankruptcy crisis...... Therefore, they hope that our country can provide a guarantee of national debt. ”

Hu Chuyuan glanced at him calmly and asked, "What do you think?" ”

Ouyang Geng was silent for a moment, and sighed: "No, no, once France falls into an economic crisis, the impact of the problem will still be far-reaching." The scale of our domestic investment and industrial capacity expansion in recent years is too large, although on the surface it is to ensure the stability of the economy, but once the war is over, a large amount of industrial capacity needs to be supported by a new market. I think...... Adults must know these things better than we do. In the long run, France is also one of our largest export traders. ”

Hu Chuyuan replied indifferently: "Let the market make a decision!" ”

Ouyang Geng couldn't help but be a little surprised, but he didn't dare to say anything.

The peace talks between Spain and the Netherlands were almost over, and the two countries, who had wanted to restore their suzerainty in Dutch Indonesia and the Philippines, took the opportunity to attack without sending many troops, only to lose a large amount of money.

The total compensation cost of the two countries will be about 57 million pounds, which neither Spain nor the Netherlands has raised much objection to, but for the Netherlands, Hu Chuyuan asked the Netherlands to cede Dutch Guiana to China without compensation, and for Spain, Hu Chuyuan asked for a new trade cooperation treaty.

Spain and the Netherlands are still discussing these two additional conditions.

At present, the Entente powers are powerless to prevent this from happening, and the key point is that Britain and Germany have begun to try to block China's expansion in South America and Africa.

Hu Chuyuan knew very well that the French financial crisis would be a good way to get everything he wanted.

After Ouyang Geng left, Hu Chuyuan called his younger brother Hu Xuanyuan, who was in Yanjing, and asked him to come to his office to discuss things.

Information is money.

These days, Hu has been staying at the headquarters of CITIC in Yanjing, not far from Yingtai in Yanjing.

Half an hour later, he drove into Yingtai by himself and hurried to see Hu Chuyuan.

There was nothing polite between the brothers either.

As soon as he entered the office and closed the door, Hu Xuanyuan couldn't wait to ask Hu Chuyuan: "Big brother, how is it?" ”

Hu Chuyuan was not so anxious, let him sit down first, and then said: "The Sino-French treaty has been reached, but I do not plan to guarantee the French national debt in the form of a political axe." At least not for the time being. ”

Hu Yuanyuan was slightly surprised and asked, "Why?" If the French economy goes bankrupt, the impact on the whole world will be too great, and the domestic economy may not be able to survive this difficulty......!! ”

Hu Chuyuan hummed.

The current situation is beyond his original estimate, military spending exceeds the standard by 50%, and with the recent decline in domestic military orders, there has been a problem of overcapacity in China.

Economic crises like this usually have two pressures, one is the inflation caused by the large amount of capital invested in industry, and the other is the sales crisis caused by excessive expansion of production capacity.

These two pressures have a stagnant effect on funds, which leads to large-scale debt arrears in society, and eventually leads to a financial crisis.

For China's economy at this stage, any link is very dangerous, and if it were not for Hu Chuyuan's dual role as head of state and financial oligarchy, a crisis in China's economy at this stage would have been almost unavoidable.

Hu Chuyuan must have more thoughts in his heart, he pondered in silence in his heart for a moment, and then explained to Hu Yuan: "The crisis in France exists on three levels, the first level is the inflationary pressure caused by the payment of French [***] fees and compensation; The second level is that as a major creditor country of Russia, it is facing the related crisis that may arise from the bankruptcy of Russia's economy; The third level is France's national credit and franc run crisis. With the economic strength of France, if it were not for the influence of the latter two factors, it would not be too much of a problem if it was simply a crisis at the first level. The second level of the problem depends mainly on us. Britain, the United States and Germany, like us, certainly did not want France to go bankrupt. ”

Hu Jinyuan understood a little, and said in a low voice: "Big brother, what do you mean...... The initiative is in our hands, and we have room to maneuver with Britain, the United States and Germany? ”

Hu Chuyuan continued to hum and said: "The international situation is always changing, and no two countries will be permanent allies. Germany hopes to use us to further weaken Russia and France, but it does not want us to get involved in Africa, and Britain hopes that we can expand our interests in Central Asia, which is conducive to their development in Central Asia, but it strongly opposes our entry into Africa and South America, and the United States opposes our entry into South America even more. If we are to make the situation work in our favour, at least to make it impossible for them to stop it, the best way is to risk the French crisis widening. ”

Listening to these words, Hu Yuanyuan kept thinking in his heart.

After a while, Hu Jinyuan asked, "Then do we still need to continue to hold French government bonds?" Now French government bonds have fallen to 17% of the market value, which is almost equivalent to waste paper in the international bond market, if France can indeed survive the current difficulties, hoarding French government bonds at low prices is certainly a good business, but if it is ......! ”

Hu Chuyuan said: "This is malicious speculation in the capital market, in fact, the economic situation in France has not been so bad. We continue to hoard...... Don't worry about France's inability to repay its national debt, the French Foreign Minister is still in Yanjing, you take the time to talk to him, what you want to talk about, what we want, you should know very well in your heart, right? ”

Hu Yuanyuan smiled and said, "Big brother, then you can rest assured, as long as you speak, this is a good deal." ”

Hu Chuyuan nodded, he was busy with official business, especially during this time, he would no longer keep Hu Yuanyuan, and he got up and sent Hu Yuanyuan out of the Prime Minister's Office.

In any case, the Hu family is an evil capitalist, and what they want to do is to make money after all.

The Hu family must not only protect the interests of the country, but also protect their own interests, which can be precisely said to be Hu Chuyuan's personal interests.

Especially in this period of international turmoil, a family-style international chaebol like the Hu family is equivalent to finding the biggest gold mine, and they dare to do business that others dare not do, and they dare to do business that others can't do, and they have the ability to do it, so their rate of return is also very amazing.

Money is the devil, and the devil can bring anyone to their knees.

Now, the book is no longer the crux of the problem, even if the book is blown up and sunk and six million troops are sent to sweep away, Hu Chuyuan will not be able to get any benefits from the book.

This is a brute, if you don't have money, you have to kill millions.

After sending Hu Xuanyuan away, Hu Chuyuan convened a new meeting of the State Military Commission to further readjust his strategy and focus the spearhead of the war on Russia.

No matter how far Russia's current plans for armored vehicles and anti-armored vehicles and artillery are implemented, priority should be given to concentrating all forces on Russia's advance, and before that, the Russian Far Eastern Fleet stationed in Vladivostok should first be wiped out, and then the troops stationed in Korea should be dealt a comprehensive heavy blow.

All plans need financial support, especially the mechanized corps war and blitzkrieg that China is now promoting, which require a lot of financial support.

As a precaution, taking advantage of the armistice treaty reached between China and France, China won successive big victories on the battlefield, and at this meeting, Hu Chuyuan decided to restart the third round of treasury bond sales.

This time, the total amount of national bonds was 3.5 billion yuan, with a repayment period of 10 years and an annual interest rate of 6.5%, and at the same time, the central bank issued a moderate increase of 700 million yuan on the total amount of regulation in 1902.

If the war continues, these are military spending, and if the war does not continue, these are domestic construction funds.

Moderate inflation is okay.

It was late at night after the meeting, Hu Chuyuan hurriedly prepared to go home, but Miss Qiu Jin was guarding the door of the office.

Seeing that she seemed to have something to say, Hu Chuyuan thought about it for a while, then paused for a while, sat down again and asked, "Is there anything wrong with you?" ”

Qiu Jin pondered cautiously for a moment, and couldn't help but say, "My lord, I have something I want to ask you!" ”

Hu Chuyuan sighed, asked her to sit down, and asked patiently, "What's the matter?" ”

Qiu Jin thought for a moment before asking, "My lord, how much land do you think we need?" ”

Hu Chuyuan also thought for a moment and said, "It doesn't have to be big, but the bigger the better." ”

Qiu Jin asked strangely, "Really?" ”

Hu Chuyuan nodded seriously and said, "Really! ”

Qiu Jin frowned slightly, and asked again: "I think Russia is a very clear counterexample, they blindly pursue the huge land area, blindly expand the war, but ignore their own people. As far as I know, there is also an uprising of workers and peasants in Russia, who are suffering from difficulties and crises, and whose incomes are so meagre that they simply do not have enough to earn a living. In order to expand, to raise military spending, we are constantly using populist ideas to levy national bonds, and we are constantly issuing more money despite the crisis of inflation. ”

"...... this question?"

To be honest, Hu Chuyuan didn't know how to answer.

He completely calmed down and was ready to discuss this issue with Qiu Jin.

When he decided to have a good talk, his first habit was always to make a good pot of tea, and this time, he chose to make a pot of Pu'er tea, drink it slowly, and talk slowly.

Because, this question is very important.

Only people who truly love the country and the people can realize how important this issue is.

Just because of this, he also felt that Miss Qiu Jin was a respectable woman, worthy of a modern female surname known as a heroine.

Pouring a cup of tea for himself and Qiu Jin, Hu Chuyuan drank silently, thinking, organizing in his mind, this question, he didn't never think about it, on the contrary, he always kept thinking about it.

After a while, Hu Chuyuan asked Qiu Jin very seriously: "Do you think that now is the time to end the war, cultivate and recuperate, and benefit the country and the people...... Is it? ”

Qiu Jin looked a little embarrassed, and said, "It's not easy to say, so I want to ask what the adults think!" ”

Hu Chuyuan said: "I may think of a lot more things than you, this is not a matter of ability, but a matter of experience." I know what you mean, but ...... The argument of using populism at the expense of the people is still too heavy. What we need to do now is no longer to safeguard the dignity and territorial integrity of the country, but to strive for the long-term interests of the country. China now has a population of 382 million, and if we add some areas that are difficult to count, the actual population should be more than 395 million, or even close to 400 million. This is a large population base that will continue to expand as we improve in health care and average standard of living. On top of that, we must also understand that there is a very different difference between owning 30 acres of land per capita and 10 acres of land. Now, the competition that we're having is a race competition, so we can't just think about this generation, we should think about the next generation, the next generation, the next generation. If China has a population of one billion people, and the existing land cannot accommodate such a large number of people, you say, what will happen to our country? ”

Qiu Jin thought about it and replied with some pain: "Then we can only continue to explore!" ”

Hu Chuyuan shook his head and said, "According to my experience, at that time, our country will only fall into a civil war. Something like this has been repeated countless times in past history. If it is said that national quality is the first factor in national development and competition, then land and resources are the second factor in national development and competition. ”

Qiu Jin nodded silently, agreeing with Hu Chuyuan's statement.

After a pause, she sighed again: "This is indeed the truth, but I still think that our people are too hard. ”

"Yes!"

Hu Chuyuan did not deny it, and said: "After the end of the Far East War, let's slowly consider this issue." If we make the people richer, happier, easier to survive, and better to survive...... This will take a long time to gradually improve, and it will not happen overnight. That one...... You first focus your energy on the women's liberation movement, do everything well in a down-to-earth manner, and then think about the future! ”

Hearing this, Qiu Jin smiled.

(To be continued)