Under Xiao Zhenlei's instructions, Ma Jitao, chief financial officer, and Chen Huizu, governor of the State Bank, jointly presided over the issuance of medium-term war treasury bonds, and this issuance of treasury bonds was the first time that the new government had issued treasury bonds.

On June 1, the Cabinet officially announced that it would officially issue war bonds on July 1, and that the issuance of treasury bonds would be issued at an appraised price, and that the method of issuance would be to be sold in the financial market by means of sales by designated banks and financial securities institutions, and that the people could purchase the war bonds at the outlets of the banks and financial securities institutions designated by the government by means of anonymous purchases, and that starting from the first year after the end of the war, the government would buy back a certain number of bonds from the financial market every year, and after the bonds matured, The war bonds in the hands of ordinary people will be bought back in full.

In fact, how many war bonds the government can sell this time depends on the sales efforts of the sales agencies on the one hand, and the degree of trust of the people in the government on the other hand, that is, on the credibility of the government. To some extent, the degree of support for the war effort is the degree to which the people support the war effort.

This is the first regime in history to put the importance of the people in the first place, so the people's support for the new government is simply sparing, coupled with a lot of propaganda on the part of the government, so that most of the people in the country know that the country is now at war with foreign countries and is short of money. Even three-year-olds know that fighting a war is an act of burning money, so many people start looking forward to the issuance of bonds before they have even decided when they will be issued.

The first page of the Brilliance Evening News read in huge bold font: "Are you ready to buy war bonds?" Buying war treasuries shows your love for the country and the government. You can also reap a lot of benefits in a few years! ”

Metropolis Daily advertised: "Isn't hiding money at home waiting for mold? Prices are going to go up! Over time, your money will depreciate. Buy war treasuries now and earn more interest than the bank in a few years! ”

Some newspapers put it even more bluntly: "Buying war bonds is patriotic," which means that if you don't buy war bonds, you won't be patriotic.

On 1 July, the war bonds were officially issued, and for a time there were crowds of people at the gates of various bank outlets, financial securities and other institutions, all of whom had come to buy war bonds. Everyone has a heart of comparison, and when people talk about their daily life, they talk about how many bonds they have bought, and when they talk about that number, they don't mention how proud they are. I felt that I was so great, and the others felt extremely uncomfortable when they heard it, and the more I thought about it after I went back, the more I couldn't swallow this breath, and I discussed it with my mother-in-law, and took out most of my savings to buy treasury bonds.

This situation is not limited to this case, you must know that people in this period are very polite and love face, even if they are poor, they also want to be faced, and there are cases of scrambling to buy bonds everywhere. From the comparison between individuals, to the comparison between villages, to the comparison between towns, and between companies.

The $2 billion bond issued by the cabinet was sold out in less than a week. This leaves many people who have not yet had time to buy it to buy from others at a high price, which causes the market price of the bond to gradually become higher than the face value of the bond, and over time. The price is almost the highest after interest.

After this situation appeared, there were also voices among the people. The cabinet was asked to issue more bonds, but the government only needed that much money for the time being. If more bonds are issued, more interest will need to be repaid, which will undoubtedly increase the financial burden on the government.

On July 7, Ma Jitao, the chief financial officer, reported to Song Shijie and Xiao Zhenlei respectively on the issuance of bonds, and he said in his report to Xiao Zhenlei: "President, in just seven days, all the 2 billion war bonds have been bought up by the people, and there are still many people who have not bought the bonds who ask the government to issue another 2 billion??????? ”

Xiao Zhenlei turned around and asked, "Do you think the cabinet should issue another two billion to meet the people's purchase needs?" ”

Ma Jitao shook his head and said: "Judging from the current financial situation of the government, 2 billion yuan has been enough to meet the government's current financial gap, if it continues to increase, then the interest that the government needs to bear in the future is not a small amount, 2 billion is equivalent to China's national income for more than half a year, but the voice of the people, we can not help but pay attention to it."

Xiao Zhenlei waved his hand and said: "You, since two billion is enough, won't the reissuance increase the repayment burden on the government?" We should listen carefully to the opinions of the common people, but not all opinions must be adopted, and we must adopt the opinions that are beneficial to them and the government! We have to look at the situation to see what is good for them and what is not good for the people, and we can't adopt what is good for the government but not for the people! As a senior government official, you must have an overall vision when you speak and do, and you can't just see what is in front of you, understand? ”

Ma Jitao hurriedly said: "Yes!" ”

Xiao Zhenlei said: "Since this money is for the war expenses raised for the army, then allocate it to the logistics department, not all at once, but in batches, and at the same time the Ministry of Finance must send people to supervise the use of these, your people must take care of it, and there can be no baskets, if in the process, the superintendent really finds something, and report it in time."

Ma Jitao said: "Understood, President."

After receiving a part of the funds, Bao Yuzhen, deputy director of logistics, immediately placed a large number of orders with major shipyards to build all 10,000-ton cargo ships, and then sent people to sell these ordered and unproduced cargo ships in the name of the army's logistics department to businessmen who were interested in engaging in shipping.

In these years, everyone knows that the maritime trade industry can make a lot of money, and make a lot of money, there are many people who want to engage in this industry, but now it is the war years, and more importantly, the military has priority over other state-owned enterprises, private enterprises and individuals in ordering ships, so it is almost impossible to order ships from domestic shipyards, and now the military is willing to sell a number of freighters, and businessmen are of course eager to do it, and the military has even negotiated with relevant departments to allow some private shipbuilding operations. There will be some relaxation of conditions in terms of fraudulent approval, but supervision will be strengthened, which is not a problem for private individuals who want to engage in shipbuilding industry very much in the past, but cannot meet some requirements of the government, as long as some conditions can be relaxed, even if the supervision is strengthened, they do not care, after all, they themselves do not want to engage in illegal activities.

So there are some private businessmen who own freighters in the coastal areas, some of these private businessmen have several ships, and they are large tonnage, some have only one ship, there is competition with peers, and businessmen with strong financial resources began to buy freighters from other private shipowners who own freighters at a price higher than the original price, but now everyone knows that having a ship is equivalent to being able to receive a steady stream of shipping business, which can make more money than buying a ship, and having a ship is equivalent to having a chicken that can lay golden eggs, so no one is stupid enough to sell a ship.

Some shipyards build quickly, and a ship is launched in two or three months, and the tonnage is not small, mainly because the technical level of cargo ships is much lower than that of warships, and the construction speed is of course several times faster than that of warships.

For a time, the coastal area of China was full of cargo steamers, large and small ships sailing to Europe in waves, and waves of freighters returning to China, these ships brought a large amount of war materials when they went to Europe, and when they returned home, they brought back a large sum of money.

Compared with Asia and other regions, Europe at this time is the most chaotic and cruel place, Asia was affected by the war much less than Europe, because of the war, Europe's agriculture has basically been abandoned in recent years, the food eaten by Europeans has been transported from Asia and the Americas in recent years, and the price of grain has risen and risen.

Those deep-processed foods that have been transported from China have been generally welcomed and liked by Europeans, not only delicious, but also convenient and practical, and there are many deep-processed foods that can be used in military rations, so the military of European countries has placed a large number of orders for some food factories in China.

With a batch of funds put into it, a steady stream of freighters from various shipyards launched, in the past two years, due to the increase in the volume of shipping, a large number of freighters launched, which has caused a shortage of sailors and crews, so the work of sailors and crews has become fragrant and sweet, although staying on the sea for a long time is somewhat boring, but can not stand the high salary of these two professions, and other aspects of treatment are also good, so not only many people in the coastal area want to engage in the two professions of crew and sailor, Even many people in the mainland want to make a lot of money by becoming sailors and crew members after learning that the salaries of sailors and crew members are very high.

Soon after a large number of funds were smashed, the effect finally appeared, because a large number of continuous cargo ships were launched to participate in the sea transportation, which made the logistics of the soldiers who fought bravely in the European theater finally able to keep up, and the transportation pressure of the logistics department was greatly reduced.

If this momentum continues, there will be no logistical transportation pressure at all, and it will be before the end of this year, when Xiao Zhenlei heard the news, he was very happy, after all, judging from the current war situation, the power of the Allies is still very strong, and the Entente wants to win by no means in the last year, it will take at least two years, and two years is enough for these Chinese merchants with ships to make more money, and it will also indirectly increase the fiscal revenue for the Chinese authorities. (To be continued......)