Jia Jingde sighed and said: "Baigong wants to build a narrow track, in addition to financial reasons, he mainly thinks about economic benefits. ”

As soon as Yan Xishan mentioned Yan Xishan's economic affairs, Jia Jingde couldn't help but be a little excited, and said in an admiring tone: "Baigong believes that to build roads, economic benefits must be considered first, and Baigong calculated a detailed account: 'If the broad gauge with a freight volume of 38 kg/m is repaired, 90 million yuan will be invested on the whole line. According to the investigation, the freight volume along the Tongpu line at that time was about 40,000 tons/km per year, and the revenue from the passenger section totaled about 3.5 million yuan per year. If the Zhengtai railway traffic increases by 30% every year, excluding interest expenses and profit and loss deductions, not only will it not make money in 50 years, but it will also lose 3.743 billion yuan cumulatively. If the narrow gauge is built, in addition to recovering all the investment, it will also make a profit of 6.7 million yuan in 20 years and 3.063 billion yuan in 50 years. ’”

"Baigong is shrewd! If he is relieved to be the chairman of Shanxi Province......"

Jia Jingde suddenly felt that what he said was a little inappropriate at this time, and hurriedly stopped talking.

"In order to realize economic benefits as soon as possible, Baigong is also preparing to implement the method of building a section and operating a section first. In terms of construction costs, in order to save money, the method of building roads by military engineers was also prepared. ”

Jia Jingde looked at Song Zhewu, sighed slightly, and said: "Baigong does this because he doesn't have so much money, in fact, we also have this problem now." ”

Jia Jingde glanced at Ling Hongxun, and then said: "Although the commander's strength is much stronger than that of Baigong, the cost of building the railway is still too huge. Now the whole line has been surveyed, the Taiku railway trunk line is 1562 kilometers long, because most of the road sections have to pass through the mountains, Gobi, barren beaches, and even through the desert, the investment is huge, according to Zhuming's estimates, if the construction of the quasi-rail, about 600 million yuan is needed. ”

"600 million yuan!"

This number surprised Song Zhewu.

Although he was prepared for the funds needed to build the Kutai Railway, he definitely did not expect that he would need 600 million! He thought that more than 200 million would be about the same, so he deliberately asked Jia Jiying to prepare 100 million Tang Yuan and 100 million oceans.

The wages paid to the migrant workers for road construction can be paid in Tang Yuan, but the rails and construction equipment must be purchased from outside, and some need to be purchased from abroad.

The new steel plant in Taiyuan is still under construction, and it will take two years to put into operation, and the fastest is the new special steel plant, and it will not take long to install the ten electric arc furnaces, and it is enough for one year of infrastructure construction, but the construction of his large-scale thermal power plant also takes time, and the ten electric furnaces are furnishings without electricity. The two steel mills in Taiyuan have limited output, and now they can only meet the needs of the military industry and some civilian use, and it is simply impossible to meet the needs of railway construction.

Tang Yuan is easy to do, now Tang Yuan has been widely circulated in Shanxi, and his reputation is very good, as long as it is needed, there is no problem in quietly printing some more, but it is a little difficult to ask Jia Jiying to prepare the 100 million oceans. Although the Northern Development and Investment Bank now has a large number of deposits, and Xinghua's deposits there alone exceed 100 million, but in order to deal with the silver bill, Song Zhewu has instructed to convert these oceans into gold as much as possible, and it will be a little troublesome to exchange them back, and Song Zhewu will not toss so easily. And in order to maintain Tang Yuan's credibility, a certain amount of reserves must still be available.

Fortunately, Jia Jiying's speculation has made huge gains in the amount of money, and now Jia Jiying has begun to quietly throw it out secretly, Jia Jiying told Song Zhewu that it is no problem to make a net profit of 60 million, plus Qiu Zengyi's tax part, which can basically guarantee that 100 million will be raised.

Moreover, Song Zhewu asked Zhang Xueliang's Northeast Frontier Bank to come forward to guarantee 60 million, with a high monthly interest rate of 8.2%, and nine months later, that is, in October 31, Song Zhewu paid the full amount to Yue Fang at one time, and purchased rails from the Benxihu Coal and Iron Company, Anshan Iron and Steel Works, and Showa Steel in North Korea.

This money Song Zhewu is obviously talking about himself, and he will never pay these rails to himself.

There is one more thing to say, Yan Xishan has also thrown out Yue Yuan. According to Jia Jiying, Yan Xishan earned about 4 million. Compared with the original history, Yan Xishan earned 1 million more, which was mainly due to Jia Jiying's participation, and he flickered Yue Yuan up and down for a while in a few months.

Now, if Song Zhewu is asked to come up with an extra 400 million, it will never be possible.

However, fortunately, Song Zhewu does not need to take out the 600 million at once, as long as it continues to invest with the progress of railway construction. If the Taiku Railway is completed and opened to traffic in four years, he will still be able to invest 400 million yuan in the next three years.

Song Zhewu gritted his teeth and said: "600 million memories 600 million, the Taiku Railway must be built." Now I can give you 200 million first, and the remaining 400 million can be invested in batches in the next few years. ”

Looking at Jia Jiying and said: "Starting from next year, the factories we build and the factories built by private capital will begin to enter a profitable period, not only will the industrial and commercial taxes increase significantly, the people will also be richer, and the amount of money in circulation will inevitably increase. ”

Song Zhewu asked Ling Hongxun with a somewhat bitter expression: "Zhu Ming, if the quasi-rail is built, how long will it take for the Taiku Railway to be completed and opened to traffic?" ”

It can be seen that Song Zhewu is determined to build a railway, which makes Ling Hongxun admire Song Zhewu even more. Ling Hongxun is also very yearning for the construction of a standard track with a large transportation capacity, but the construction of such a long railway must definitely be built by the national political axe, and it is inevitable that Song Zhewu will not be able to do it, even if he has strong economic strength like Song Zhewu.

"The railway is in complex condition, and most of the sections are basically built in no man's land, which will inevitably take a little longer, and it will take about 7 to 8 years if the normal construction rate is carried out."

"7 to 8 years?"

Song Zhewu shook his head, 7 to 8 years, this time is too long, this will not be completed until 39 or 40 years, when World War II is about to begin, which will greatly affect his plan. Moreover, if this railway is not completed, his plan to develop the Baiyun Obo mining area will not be realized for a day.

"Can we build faster?"

Ling Hongxun thought for a while and said: "If you recruit more manpower and increase the number of construction sites at the same time, the progress of the project will be shortened, and it will take 5 to 6 years, and the manpower will increase, and the cost will rise, and 600 million am afraid that it will not be enough." ”

Hearing that 600 million may not be enough, and that funds must be increased, Song Zhewu was really a little discouraged. Although it is not a big problem for him to take out hundreds of millions in three or four years, but now he needs too many places to use money, and if it is used in railway construction, other aspects will inevitably be affected, and it is already his limit to be able to take out these 600 million.

Seeing that Song Zhewu was silent for a long time and did not speak, and the atmosphere in the room was a little dull, Jia Jiying took over the conversation and asked Jia Jingde: "Yuru, how much money is needed to build a narrow track?" ”

"If you build a narrow gauge, 300 million is enough."

"Three hundred million?"

Song Zhewu was taken aback, it was just a little narrower, and the narrow track actually saved half of the money!

Looking at Song Zhewu's appearance, Jia Jingde knew that Song Zhewu didn't understand what he just said that Yan Xishan had calculated the accounts, smiled bitterly in his heart, and said to Song Zhewu: "According to the calculation of Baigong, in fact, only one-third of the quasi-track is needed to repair the narrow rail, but the Tongpu Railway is in Shanxi, and the labor cost will be saved a lot." However, most of the Taiku railways were built in uninhabited areas, and the cost was higher. ”

Ling Hongxun added: "Although the quasi-rail is only a few tens of centimeters wider than the meter track we are building, it also has a higher degree of pressure on the roadbed and bridges, and the width of the roadbed, bridges and culverts is larger, and more earthwork needs to be excavated, which is more obvious in mountainous areas and places with soft geology." ”

Qiu Zengyi, who has never spoken, also said: "Although the quasi-rail capacity is large, I still support the construction of narrow rail, the main reason is the problem of funds." Although we sold the assets of the Taiyuan Administration to recover some money, and now the industrial and commercial tax revenue is gradually increasing, because the income period of many new factories is still one year later, the commander exempted the agricultural tax, which has brought great blessings to the people of several provinces under the jurisdiction of the Northern Frontier Governor's Office, but because of this, this year's tax revenue is only the same as last year. ”

Qiu Zeng hesitated slightly, and said: "It is necessary to be cautious in printing Tang Yuan, although more and more businessmen from other provinces use Tang Yuan, but Tang Yuan has not really circulated in other provinces, and printing hundreds of millions of yuan at once will easily lead to the depreciation of Tang Yuan." In addition, although it is sufficient to have 30 percent reserves, but now that Tang Yuan's credibility has just been restored and is not yet stable, we should be more conservative, and the minimum reserve fund should be at 50 percent. ”

Jia Jingde said to Song Zhewu with a smile: "Also, I also have opinions on the use of Xinghua's funds to build the Taiku Railway. ”

Seeing that Song Zhewu was a little surprised, Jia Jingde continued: "Xinghua is a joint-stock company, since it is a joint-stock company, it is the private property of the commander and other shareholders, although the current situation is special, the funds used by the troops and other places are all used Xinghua's money, but this is not a long-term solution, these money will theoretically have to be returned to the commander and shareholders in the future, if this goes on for a long time, it is not conducive to the commander to further increase the capital and shares of Xinghua." Secondly, the Taiku Railway is a national defense railway, and it is not appropriate to build it mainly on the private property of the commander......"

(To be continued)