The capital of the United States, Washington, D.C. Victory is also in sight, but in the capital of US imperialism, there is not much joy and joy of victory, but everywhere is full of sorrow and loss, as if the United States is not a victorious country but a defeated country. During this time, the major newspapers in the United States also invented the ironic name "Standing Victory" for this American victory, which means that the United States became the victorious country this time by relying entirely on the correct side, rather than defeating the enemy on the battlefield of a world war. In fact, the performance of the US **** team on the battlefield of the world war can only be described as a humiliating appearance, the army lost to India in the Middle East, and the latter only held out for two or three months under the attack of the Chinese and lost the capital Delhi!

The navy, which has long been the core of the United States' power, is also equally bad, and several naval battles with the Japanese Navy have also won fewer victories and more defeats, battleships and aircraft carriers have been sunk a lot, and even Pearl Harbor, the nest of the Pacific Fleet, has been surrounded by the Japanese for a long time, and it has only recently been able to break the siege. Although the U.S. side has made a lot of noise about this, the U.S. newspaper, which likes to pick bones in eggs, wrote in a mocking tone: "Now the world's most powerful naval fleet can finally freely enter and leave its home port, after a series of arduous battles, costing countless young Americans, spending tens of billions of dollars in taxpayers' military spending, and our friendly Chinese Defense Forces have successfully annihilated the main force of the Japanese navy, and set foot on the Japanese mainland, eliminating the most powerful forces of the Japanese. The flag of the Federation of Greater China was raised in large Japanese cities such as Nagasaki, Sasebo, Kitakyushu and Shimonoseki. The great victory was achieved only after wantonly ravaging the common people of Japan. Such a victory is really hard-won and deserves to be remembered forever by all of us Americans! Other than that. This newspaper wishes the souls of all the young Americans who gave their lives in this war rest in heaven, and every one of them is a hero to the United States in any way......"

President Roosevelt gently lowered the New York Times in his hand and unconsciously tapped his fingers on the wide desk. His mood is really very depressed now, and he probably has a little bit of anticipation. I don't know how many hopes and dreams the United States pinned on this world war, and it is not an exaggeration to say that it is the dream of the rise of the United States. It can be said that as early as the end of the last world war, the United States began to carefully arrange, and he, the first president in the history of the United States, to lead the country in a wheelchair. was supposed to be a hero who picked the fruits of victory for the United States, but who would have thought that more than ten years of careful layout. After three years of hard fighting, what finally fell into the hands of the United States was such a bitter "fruit of victory." Far from being overthrown, the authority of the Old World was strengthened, and not only did divided Europe have a core that could lead the group, the Greater German Empire. Even East Asia, which was once a colony and semi-colony of European and American countries. Although the "Greater East Asian Unification War" launched by the Chinese and the atrocities committed by their National Defense Forces on Japanese territory are likely to lay the hidden danger of division for the Great China Federation, it should still be able to suppress this hidden danger during Chang Ruiqing's lifetime, right? It's just suppression, the seeds of hatred have been planted, and one day they will take root and sprout! All the United States can do now is to fertilize and water this seed of hatred. Then wait quietly.

The door to the Oval Office was gently pushed open, and Colonel Caton, dressed in the uniform of a Navy Colonel, gave the president a respectful military salute. Secretary of State Hull stood at the door with a sad face. Nodding to the president, he hurried in, pulled a chair and sat down across from Roosevelt. Roosevelt frowned slightly, and said in a low voice, "Cordell, what's wrong?" ”

Hull glanced at the New York Times on the table, and the words "Victory Country" were on the front page of the newspaper, which seemed so eye-catching. Hull smiled bitterly, took out a yellow piece of paper with a telegram code note from his pocket and put it in front of Roosevelt: "Hopkins's telegram, the Chinese are ready to bear the responsibility for Japan's defeat, and if Japan needs to pay reparations to us and Britain, China will also bear it." ”

"What?!" Roosevelt was stunned for a moment, frowned and said, "What is Chang Ruiqing thinking?" Does he think that the Japanese will be grateful to China? Didn't he know what his army was doing in Japan? As he spoke, Roosevelt reached out and opened the newspaper on the table, and on a certain page of today's New York Times, a whole page of photos appeared, all of which were massacrated and abused by the squadron in the occupied areas -- these were all sent back by American journalists who were allowed to go to the war zone to cover news, and there were also many such photos and reports in the Chinese's own newspapers, and it seemed that atrocities were extremely common.

Hull smiled bitterly, pushed the copy of the telegram on the desk in front of Roosevelt again, and said: "Mr. President, the Chinese are only willing to bear Japan's reparation obligations, but they do not say that they are willing to pay money, in fact, they are not even willing to pay back the more than 5 billion US dollars they owe before!" ”

"What? They're going to pay their bills! Roosevelt's face darkened suddenly, and he hurriedly picked up the copy of the telegram on the table and read it carefully. It turns out that the Chinese do not want to directly rely on the debts and not repay, but to borrow and repay, first borrow and then repay, and borrow much more than to repay!

"What do you think, Cordell?" Roosevelt put down the text in his hand and looked at Hull meaningfully.

"This is blackmail, this group of Chinese robbers wants to blackmail us with the military advantage in their hands!" Hull said word for word, almost through gritted teeth. "We can't promise them, otherwise not only will we not be able to recover the more than $5 billion we lent out before, but we will put more money in it! The United States cannot afford to make such a loss-making deal, never! ”

"So what should we do?" Roosevelt looked at Hull, but the expression on his face showed no anger. "I don't think Chinese that $5 billion, let alone $8 billion...... As far as I know, their gold reserves are only $1.5 billion. ”

Hull snorted: "If they want to get help from the United States, they should show the necessary sincerity and respect." It's not that we can't think about helping them solve their short-term difficulties. He thought for a moment and then said, "I think we should ask China to fully open their markets and liberalize foreign exchange controls on gold." Allow the Chinese to float freely, cut their oversized army after the war, and protect human rights in Japan and the South Seas. ”

Roosevelt laughed, as if he had heard some joke, and then he looked at Hull seriously and said in a solemn tone: "Cordell, I don't think you have understood the situation of the United States yet. We lent money to robbers! And not one, but two, two of the world's greatest robbers! They are now killing people and setting fires in the homes of the Soviets and Japanese! The US president tapped his finger on the photo published in the newspaper: "I now know a little bit why the Chinese allow our reporters to go to Japan to take such pictures!" In the words of the Chinese. This is killing chickens to show monkeys! The Japanese are the hapless chickens, and the United States is the monkeys! ”

"Mr. President, the United States is not a monkey, we have the most powerful navy in the world!" Hull retorted: "The Chinese have no way to cross the Pacific Ocean and attack our homeland anyway!" ”

"And what about Germany?" Roosevelt glanced at Hull. He smiled bitterly: "The Germans still owe us $13 billion!" If we don't want Chinese and German troops to rape and loot in the streets of New York and Washington. It's better to think about continuing to lend money to these two robbers! ”

"That's giving money!" Hull said fiercely.

"No, no, no." Roosevelt waved his hand: "It's not to give, it's to borrow!" I believe that the day will come when the United States will recover all its debts. He was silent for a moment, then suddenly frowned and asked, "Kodel, do you know how Hitler is going to pay off his debts?" ”

Hull was stunned for a moment, shook his head, and said, "We haven't discussed this with the Germans yet. ”

"Then let's discuss it!" Roosevelt waved his hand. Motioned for Hull to leave his office. Now he needs to take a moment to think about the future of the United States. There is also the upcoming 1936 presidential election, and if he does not give a satisfactory answer to the American gains in this war by November, his presidency may be less than a year away.

……

"President Roosevelt asked me to tell you that he is very concerned about the economic difficulties that China is facing, and that the United States is willing to cooperate with China to help you get out of this predicament, but only if there is full trust and goodwill between our two countries."

It was Harry who spoke. Hopkins, the special envoy of the President of the United States, is also the United States' premier expert on international affairs. But he really doesn't know how to deal with the "debt crisis" that the United States is now facing -- the two countries with the most powerful militaries in the world now owe the United States a large amount of money, and instead of paying it back, it seems that they want to borrow more money, and they are not willing to make any economic and political concessions in favor of the United States.

Hearing his words, Chang Ruiqing nodded solemnly: "Please convey to President Roosevelt for me, thank you very much for his kindness and that of the United States." When this world war is over, we will concentrate on developing the economy, and I think we will need the help of the United States, because the Federation of Great China is really a very large country, and almost all places need to be built, Mr. Hopkins, I think there will be a huge market for American equipment. ”

Well, there is a huge market for American machine qì equipment, but unfortunately there are no dollars in the pockets of Chinese! When Hopkins heard this, this thought came to his mind: Why did the Americans give the equipment to China? Is it in exchange for a bunch of debt bills that may never be cashed? No matter how you look at this business, it will lose a lot of money!

"I have heard from Ambassador Jensen," Hopkins said, frowning, "Mr. Prime Minister, I am well aware of how difficult it is to build a large country like the Federation of Great China into a truly modern country, and how much money is needed, which may not be so easy to raise, unless your country's market can be more open in order to attract investors from all over the world to China." ”

As he spoke, Hopkins looked at the Chinese premier in front of him, a remarkable achievement that had transformed a country with almost no heavy industry into the world's third-largest industrial power in just over a decade. However, it is not difficult to conclude from the information gathered from various quarters that China's industrial structure is very irrational and that the construction of heavy industry is obviously ahead of its time. The military industry is even more outstanding, but the development of light industry lags behind, and the industrial structure of the Soviet Union is largely similar. There is no problem when fighting a world war. However, the economic transformation after the World War was not easy, and in order to promote the growth of heavy industry before and during the war, China's banking sector also issued huge loans, once the so-called "post-war depression" arrived, China's economy is very likely to be broken, and if it is not done, it will cause some kind of financial crisis, which is a feast for American capital.

"Mr. Hopkins. I think we'd better discuss the debt issue first," Chang Ruiqing smiled slightly, and changed the subject: "I think Mr. Roosevelt must be suspicious of China's desire to repay more than $5 billion in foreign debt. And what kind of liability does Japan have to bear? ”

Hopkins listened carefully, and a very bad feeling welled up in his heart, he felt that Chang Ruiqing would definitely not be a good thing for the United States if he wanted to repay his debts, and if he didn't want to repay his debts...... Then it must be worse for the United States!

"We, the Federation of Greater China, are now a world power. We defeated the USSR, Japan, India. With a territory of 30 million square kilometers or more (what an irresponsible prime minister, he can't even forget how big the country he leads) and has a population of at least 650 million. Chang Ruiqing said triumphantly: "In any way, the Great China Federation is a country as great and powerful as the United States and Germany. He suddenly lowered his voice: "However, our Huayuan has not been treated in the same way as the strength of the countries of the Great China Federation, and the Huayuan is not an international reserve currency like the US dollar and the mark, and I think this situation is not conducive to the further development of China's economy, nor is it conducive to the United States and Germany." ”

Hopkins was a little confused. He blinked: "Hua Yuan? I don't quite understand, Mr. Prime Minister. What does Huayuan's status have to do with the problems that China is facing now? Ah, do you want to pay off the debt you owe to the United States with Chinese dollars! ”

That's a bit of a bummer! Hopkins thought to himself, he actually wants to fool the United States with a pile of useless paper! How can there be such a rogue national leader in the world?

"No, not Huayuan." Chang Ruiqing explained with a smile: "It's Huayuan bonds!" It's a Chinese dollar bond guaranteed by the credit of the Chinese government, and I think I can exchange all the $5 billion of the U.S. government's U.S. government and U.S. banking industry with 30 billion Chinese dollars of long-term Chinese treasury bonds at the exchange rate of 6 yuan for 1 dollar. ”

Hopkins listened, and opened his mouth wide in surprise, this kind of thing is simply a bit unbelievable, converting dollar debt into Chinese dollar bonds...... This is even more shameless than converting to Huayuan! Because the latter can at least invest in China or buy enough resources for the United States, while Huayuan bonds are completely dead money, and can only eat a limited amount of interest, if you want to cash out, considering the size of China's financial market, I really don't know how much discount to make!

"No, it can't be!" Hopkins shouted, he shook his head and said: "The United States cannot accept such conditions, this is blackmail!" It's blackmail! ”

"This is not blackmail! Because we can pay off all our debts, the Chinese dollar is also a very strong currency! Chang Ruiqing said-for-tat: "Mr. Hopkins, please open your eyes and take a look at the miracle created by the Great China Federation in the past ten years, and then look at the civilization created by our nation in the past few thousand years...... For most of the recorded period, China was the most economically developed country in the world. Moreover, China's foreign trade has also maintained a surplus for a long time. China's backwardness and poverty were only after the Opium War in 1840, and in less than 100 years, we have become rich and strong again and become one of the three great powers in the world! Mr. Hopkins, do you think that the currency issued by such a great and powerful country would be a pile of waste paper? Do you think that in the future world's monetary system, there will only be two international reserve currencies, the US dollar and the mark, and no Chinese yuan? ”

Having said that, Hopkins has already understood that what Chang Ruiqing wants is not to repay debts, but to make Huayuan an international reserve currency! If the Chinese dollar becomes the same international reserve currency as the dollar and the mark, then the Chinese will be able to buy American machines and goods directly with the paper printed from the money printing machine! The problem of insufficient capital, which is the biggest constraint on China's economic development, will also be solved. Just like Chang Ruiqing said when he boasted about it just now, China has been the most economically developed country in the world for thousands of years, and there is no one! It is by no means a fluke that such a situation can be maintained for thousands of years, so it is not a fluke that China can become rich and strong in just a dozen years, but it is inevitable. Now with such a large land, so many resources, and as many as 650 million of the world's largest population, how can China not be strong without the bottleneck of capital? Perhaps in ten years, they will become as rich and powerful as the United States and Germany, and now turning the Chinese dollar into the world's reserve currency is just an overdraft of the future! (To be continued......)