Chapter 612 Subsidy Scheme
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After the meeting, Yang Qiu got the news that Jinnah had returned to China, and even if he was willing to cooperate, it would take time to plan, so Yang Qiu took advantage of this gap to put all his thoughts back to China. After several months of deliberation and careful study, he arrived at the Prime Minister's Office early with the draft plan. This positive attitude towards work made Hu Weide quip: "If the officials of the whole country are like you, why worry that the country is not strong." ”
"Okay Xingo, don't slap me on the back, what I want most now is to quit my job and go home and sleep." Yang Qiu joked as he took out the agricultural support plan from his bag. After the last meeting, he and Zhang Wenjing and others spent two months discussing and researching the agricultural stimulus plan.
Hu Weide smiled, although it was a joke, everyone also knew that once the National Assembly completed the constitutional revision of the presidential system, the position of vice president would completely become a symbol in the political circle, so it was not surprising that Yang Qiu resigned from this position.
In fact, the Prime Minister's Office is also the institution that has benefited the most after the constitutional amendment, so whether it is from its own point of view or out of repayment for Yang Qiu's kindness, Hu Weide is a senior government official who supports the constitutional amendment. But he also knew that with the return of young people such as Wang Zhengting and Gu Weijun who had been training abroad one after another, the transfer of Murong Han and Dong Yongwei, and the appointment of a new generation of Kuomintang Socialists such as Kuang Xukun and Zeng Qi as ambassadors abroad, the second great transfer of power since the founding of the Republic of China had begun.
Hu Weide was very surprised by the thick plan, he liked Yang Qiu's European and American working methods very much, and he would issue a detailed plan in advance of what he did, not only giving clear goals but also listing how to deal with problems when encountered, so that the people below could see it at a glance. But when he looked at it, his face changed, because Yang Qiu actually wanted to learn from the United States and subsidize agriculture and special industries on a large scale.
The Republic of China has always implemented a scissors policy of stabilizing grain prices, curbing inflation, and ensuring industry and commerce. Originally, this was extremely abnormal, because the population was increasing, and the non-staple food was increasing. Livestock feed is also increasing, and these are all food consumption, but in order to ensure industrial and commercial stability, the government simply imports grain from the United States and the South Seas to ensure stability.
However, it is now proposing to subsidize agriculture and gradually increase the purchase price of grain. Isn't this a 180-degree turn? So he immediately put away his thoughts and looked at it carefully.
According to the plan, the first thing is to raise the price of grain, starting with this autumn grain and gradually raising the price of grain purchased by the government by 20 percent from the beginning of this autumn grain to the end of 1929, which is equivalent to giving money to the peasants. The second is the first large-scale financial subsidy at the national level in the history of the Republic of China, which includes six categories: tractors, fertilizers and feed, ship transportation, radio, aviation manufacturing and petrochemical industry. And will subsidize it for five years in a row!
In the case of walk-behind tractors, radio and ship transport, for example, under this scheme, individuals or farms receive a subsidy of 3 barrels of diesel fuel per year for each tractor purchased. The purchase of a 2,000-ton bulk ship can get a subsidy of 100,000 yuan. Buy a radio and you can get 50 yuan directly!
What is this concept? Others don't know, but he, the prime minister, knows it very well.
The ex-factory price of a harvest-type walk-behind tractor is 160 yuan, which means that as long as you buy one, the state will give you 360 kg of diesel for free. According to the fuel consumption of each tractor for 8 hours, every 120 kg can be used for 50 days. 3 barrels is 150 days! It is exactly the same as the total time spent on sowing and harvesting.
The domestic cost of a 2,000-ton bulk ship is about 800,000, which is directly borne by the state! As for the domestic price of a single radio is about 150 yuan, according to this subsidy, it will be cut by one-third! You must know that radio is still a profiteering industry at this time. The cost of the world's largest radio manufacturer, the United States, is about 45 US dollars, and the cost of arriving in China by sea will increase by 20%, so this supplement will completely squeeze the world's largest American radio manufacturer out of the domestic market!
The aviation manufacturing industry is the easiest, where the successful sale/export of an aircraft (excluding military) will be directly subsidized by the state of 20,000 yuan.
It's scary!
A walk-behind tractor is not a crawler tractor, the latter is the cheapest for 5,000 yuan, but the former is only 160 yuan. Needless to say, after the adoption of standardized and semi-automatic engine production lines, the annual output of the country exceeded 50,000 since 1925. At the end of the third five-year plan, it is expected to increase to 150,000! According to this plan, if the number of walk-behind tractors in the country is at least 500,000 in 30 years, it is equivalent to giving away 1.5 million barrels of diesel fuel for free a year.
But that's not the most scary, what's even more frightening is the fertiliser and livestock feed support. According to the plan, as long as businessmen invest in fertilizer or feed mills, the central and local governments will provide the necessary construction land for free, and will also directly provide 200,000 to 1 million yuan for construction according to the scale. God. The total cost of a fertilizer plant with an annual output of more than 10,000 tons is only a million, right?
Yes, China's rapidly growing population and the gradual development of agriculture and animal husbandry need these things, even if they increase tenfold on the current basis, it may not be enough, but the problem is that the prime minister has a bunch of white slips in his hands, and if this subsidy plan is implemented again, it is estimated that the arrears can be drowned out by the prime minister's office.
Thinking of this, he smiled bitterly: "Vice President, aren't you afraid that tens of thousands of fertilizer and feed factories will appear across the country overnight?" ”
Yang Qiu pretended not to see it and said: "Aren't Europe and the United States subsidizing agriculture?" Pei Zuyi telegraphed that the U.S. government's agricultural subsidies last year amounted to $300 million, which is equivalent to purchasing 300,000 crawler tractors or 40 million barrels of diesel. ”
"The U.S. does subsidize $300 million, but look at the tax structure!" Hu Weide's heart was dark, and he shook his head and said: "The United States is different from China, industry and commerce already account for most of the country's taxes, and the peasants have few and the land is concentrated. Besides, it's not like you don't know how much the Third Five-Year Plan will spend! From 1926 to 1930, 5 billion yuan was invested in industry and commerce and infrastructure construction every year, 2 billion yuan in agriculture, forestry and water conservancy (water conservancy is counted as hydroelectric power plants), 1 billion yuan in government operations, 2 billion yuan in education, and 1 billion yuan in the army. But last year, the country's total fiscal revenue was only 7.5 billion, of which 3 billion was still local finance. ”
"No, no money."
In the end, Hu Weide spread out his hand and said that he had no money.
Yang Qiu smiled and simply showdowned: "I'll give you an idea." First of all, the subsidy is not to start immediately, you can discuss how to implement it first, so that it will be almost the same at the beginning of 28. There is still half a year to go. You can first ask the Ministry of Finance to increase the number of treasury bonds, and the overseas Chinese in turmoil in Nanyang will definitely need value-preserving products, so they will be issued according to the ratio of 1 billion yuan per year. Secondly, you can sell all the state-owned light industries. As long as a portion of the shareholding is in the interests of the workers. ”
"Sell all the light industry?!"
Hu Weide's hand shook, his jaw almost fell to the ground, his eyes widened as if he had seen a ghost, and his mouth trembled. It's not like a joke! My ancestors, alas, although the state's main investment is in heavy industry and infrastructure construction, but in the early years of the founding of the People's Republic of China, the state-owned capital was too weak, and the state also invested a lot in light industry, and after more than ten years of development, the total amount was about 2 billion. Even if they can continue to hold 10% of the shares to supervise and ensure the interests of workers, who is not distressed to sell the family money that they have saved up so hard?
Yang Qiudang didn't see it, and continued to calculate: "In this way, we can raise 7.8 billion funds in five years." That's the equivalent of an extra year's total income. Finally, let the central bank over-issue money, increasing the quota by 1 billion per year, so that there will be 12.8 billion. Also, you look at the beneficiaries of this program. There are many manufacturing enterprises, and as long as they are implemented, they will definitely expand their production scale, and part of the money that will be subsidized through tax adjustment will be returned. That's it. An additional 500 million dollars a year is not outrageous. ”
"Yes, of course you are not outrageous, the total assets of Bay, Huachen, Jiangnan Chongqing and Hanyang are billions." Hu Weide looked at the plan and scratched his head secretly. He didn't dare to say these words, but he also had to admit that what Yang Qiu said was reasonable, if it was not outrageous to be able to maintain subsidies with over-issued currency, as long as the government of the Republic of China and the economy continued to grow, over-issued currency would have credit value. What's more, after the silver crisis, the Republic of China was the only two countries in the world to establish a foreign exchange management system, and silver and gold were banned from trading, and the RMB was determined to be the only settlement unit. Even if the international capitalists know that it is over-issued, it is impossible to reserve "ammunition" to run on the currency, and at most they will circle some money in the futures and stock markets.
But he didn't know that Yang Qiu concealed the problems that would occur in a few years, not to mention that in fact, this subsidy plan was a combination of the later Republic's agricultural machinery going to the countryside and a miniature version of the Roosevelt Plan. This time, in addition to stimulating agricultural growth, increasing peasant incomes, and stimulating industry with orders. There is also the meaning of experimenting with whether the New Deal will not adapt to the soil and water.
This is mainly because he doesn't understand the economy, and for a little white who doesn't even know where the securities company is in the future, there are two things that are the most distressing and tricky after reincarnation. The first is to grasp the country's economy, and the second is to grasp the direction of development but does not know any tactics.
If you don't understand, you can't be blind, and practice is the only way to arrive at the truth.
"Okay, I'll call a meeting of the ministers in a few days and ask them for their opinions." In addition to the doubts about selling the light industry, the other Hu Weide also agreed, but after putting away the plan, he was a little weak-hearted: "You also have to come to the meeting." ”
"I, what am I doing?" Yang Qiu wondered, and said happily: "I'm going to resign." ”
His Excellency the Prime Minister's face darkened: "You made the plan, you always have to give some advice on how to implement it, right?" Besides, didn't Congress break its head for the budget that year? The ministers are even more ferocious than wolves, and they are all proud of the shamelessness of the madman of Xuezhang. With an additional 500 million dollars in expenses every year, the Prime Minister's Office will be demolished by them if you don't come to hold back the position! Besides, you also care about the National Development and Reform Commission and the Minister of Defense, who are also ministers. ”
Patronizing the subsidy program, I forgot that I was a cabinet minister. Seeing that he was in a hurry, Yang Qiu was also happy, got up and laughed: "Okay, I'll support you when the time comes." But as soon as he walked out of the prime minister's office and got into the car, he immediately put away his relaxed demeanor.
Speaking from the heart, even if the over-issuance makes up for this, the annual fiscal deficit of 3 billion makes his face even whiter. Even regretted setting foot in Natuna, regretted adding two Peking-class battleships, and even regretted not asking Jinnah for benefits. Why don't you transfer the profits from the sale of weapons to Sukarno first? But a few million dollars is useless, I don't know how much Lei Meng's hob meat can get back.
The future generation is worth 100 billion, and now 500 million should be there, right? …… (To be continued.) If you like this work, you are welcome to vote for recommendation and monthly passes, and your support is my biggest motivation. )