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Five years, $3.8 billion! In the first year, there were $1.2 billion in the first batch, and in the second two years, it was as high as $2.2 billion! Even in the last two years, there is $200 million per year.

Before 1929, this order could only attract some attention, and then everyone should do what to do, after all, the total annual export of the United States was as high as 27 billion US dollars. But now the total export volume of the United States last year was only 10 billion US dollars, and this year it was expected to plummet to 6 billion!

No wonder the whole United States is cheering for the signing of the contract.

You must know that this is only the purchase order of the central government of China, and nearly half of it will be used for national infrastructure. But after the inducement of this government order, how can the rising large and small enterprises of the "China" country be willing to be after Chapter 655 Yang Mou the World (4)? Besides, even if the economic crisis and the demand for procurement declines, the demographic factor will always be there, and even if the Sino-US private trade cannot return to its heyday, at least there will not be a complete ban on imports.

Load, load!

A few days after the contract was signed, the oligarchs who learned the news took action one after another, asking them to find someone to try their best to contact the members of the trade delegation of the nearest [China] country. The reason is simple, because this is a government trade, so the government is only responsible for signing, and the specific details of the purchase need to be negotiated by the businessmen on both sides.

In the case of Zhou Yu beating Huang Gai one by one, the details of the negotiation were fast, and the oligarchs began to stuff the machine tools and equipment needed in the list into the freighter in a steady stream. The bankers were even happier because they were about to cry in the face of thousands of mortgage machines, but now that these things have become fragrant and sweet, they are not rushing to dispose of them! In order to grab the order, the buy-one-get-one-free method was used, and some people even dispatched beauty tricks to make Leng Jie, who bought scientific research equipment, come back with a red face and report, saying that in order to let him sign an extra $100,000 order in the procurement, the American company actually met two women who came to accompany him for the night.

Of course, it is impossible for all of them to be second-hand goods in Chapter 655 Yangmou World (4), so many factories that have received orders have recalled workers to work overnight, striving to complete the order as soon as possible and send it to China to collect money. Even the maritime industry seems to have been injected with a shot in the arm. $3 billion! How many trips do I need to make to and fro? The shipowners who sold their ships were so angry that they couldn't rush to the Chesapeake Bay to snatch the ship back from the Five Continents Shipping Company.

The news of ending the bill banning imports and coming up with an unprecedentedly large contract also caused a strong sensation in the international community, and the special envoys of Britain, France, Germany, Italy, and other countries rushed to Beijing after the ban was lifted as soon as possible, and even Japan itself sent a delegation in the hope of strengthening Sino-Japanese trade.

The worst thing was undoubtedly the Soviet delegation, because it was unable to compete for such a large order, and in the end it could only watch a lot of new second-hand equipment being stuffed into the fleet bound for China, and they could only pick up the garbage that others had eliminated, so angry that Stalin recalled Kuibyshev back to China overnight.

The arguments of Sino-US friendship, Sino-US cooperation, and Sino-US alliance have all come out, and even the US Congress has catered to this "China" national style, saying that it will seriously consider canceling the "Chinese Exclusion Act", which once again verifies the famous saying that money can make ghosts grind.

But even in the joy and excitement, there are still people who still keep a cool head.

The black Ford sedan stopped at the entrance of the Georgia Spa Sanatorium. Morgenthau stepped out of the car and hurried inside, his briefcase. The staff all knew the well-known chairman of the New York State Board of Agriculture, so they came to a spacious and bright room without hindrance.

Under the window of the room, a wheelchair was quietly parked on the board of New York Governor Franklin. Roosevelt read with relish, and since he contracted polio, he has taken a vacation to recuperate here every year. Maybe he was so preoccupied that he didn't even hear Morgenthau walk in.

"Franklin."

"Henry! Hi, when did you come? ”

Roosevelt turned his head to see that it was him, quickly put down the book and happily pushed the wheelchair over. Due to mobility issues, Henry Jr. Morgenthau hurriedly put down his bag and stepped forward to push the wheelchair and said, "Just came from New York, are you feeling better?" ”

"It's still the same, sit down." Roosevelt was reluctant to say much about his physical problems, knowing that little Henry . Morgenthau must have come all the way to something, and asked, "Henry, is there something to do with me?" ”

Henry Jr. Morgenthau nodded, saw that the weather outside was good, pushed the wheelchair and said, "Let's go out for a walk." ”

Georgia Sanatorium is a sprawling private sanatorium named after its hot springs, which attracts many wealthy people every year. The scenery in the park is beautiful and greenery, and it does not look hot even in summer.

On the tree-lined path, little Henry. Morgenthau told Roosevelt about what had happened recently, and when he learned that China and the United States had reached orders totaling nearly $4 billion, and that Hoover had raised tariffs to protect China's tea, jute, raw silk and other goods from entering the U.S. market, Roosevelt couldn't help but be a little moved.

"The British have protested to us that the unfair tariffs will cost tea farmers in Ceylon and India heavily, and I calculate that they will lose $100 million a year on tea alone." Henry Jr. As soon as Morgenthau finished speaking, Roosevelt snorted coldly from his nose: "Hmph, are you protesting now?" Have they forgotten the fact that they were the first to raise tariffs after the crisis erupted? ”

Roosevelt, like all Americans, did not forget Britain's ugly face in the wake of the crisis. To be honest, if Britain had not used its huge colonies and tariff barriers to build a sterling zone, American exports would not have shrunk to this extent! Therefore, he supported Hoover's special treatment of tea and other countries, and cracked down on the trade of tea and jute between Ceylon and India. Anyway, the United States can't produce these things itself, so it's better to exchange trade orders with China.

Henry Jr. Morgenthau knew him very well and said, "I also support President Hoover in this policy, but I'm afraid this thing is not good." ”

"Oh? What is it that worries our little Henry? Roosevelt wanted to make a joke, but turned his head to see little Henry. Morgenthau's face was serious, and he realized that it must be a big deal, so he immediately stopped and asked, "What's wrong?" ”

"I heard that President Hoover allowed the government of China to exchange $2 billion in treasury bonds in advance in order to win orders, and is also ready to accept Yang Qiu's suggestion to allow individuals and countries to exchange China's treasury bonds freely, but all exchanges can only be settled in US dollars, and the converted US dollars must be used to buy Chinese goods and stimulate export trade, and are ready to submit the bill to Congress for review!" Henry Jr. Morgenthau recounted the contents of the talks he had heard, worried: "I fear that this will lead to the collapse of Europe and the long-term weakness of our United States!" ”

Roosevelt frowned, it is not a problem to let China exchange its unexpired national bonds in advance, after all, China is also in crisis, although it is the lightest of all countries, but it will eventually affect national trade. In the absence of foreign exchange, there is nothing wrong with the release of treasury bonds, not to mention that all the money is used to buy American goods. On the contrary, he couldn't figure out Yang Qiu's throwing such a large order, wouldn't he be worried about affecting his country's manufacturing industry? But he didn't think much about it, anyway, as long as the money was in the United States, he was a little puzzled when he said that opening up the exchange of treasury bonds would lead to long-term weakness, and asked, "Why?" Isn't it a good policy to open up treasury bonds to be freely convertible and can only be used to purchase Chinese commodities? With money, everyone can spend, factories can be operated again, and exports can be increased. ”

"On the surface, it's a good idea." Henry Jr. Morgenthau let go of his wheelchair and slowly walked over to Roosevelt. He was an outlier among the Jews and a devout follower of Keynesian theory, and after the crisis he pointed out that the outdated gold standard should be abolished and the markets should be regulated by devaluation and the issuance of additional money, but no one believed him at that time, and because he was one of Roosevelt's best friends and was inevitably ostracized by the Republican Party and President Hoover, he could not speak at all.

But in the face of Roosevelt, he didn't need to hide his clumsiness, and said his understanding with a serious face: "But the economic crisis has not yet reached the bottom!" ”

"Bottom?"

Henry Jr. Morgenthau nodded: "Yes, bottom!" Any economy is cyclical, and the downward trend of this economic crisis has not yet bottomed out, and I originally thought that it should have reached the bottom in 31 or 32 years, and then I could rescue the market. But it is extremely stupid to bail out the market in the downward phase now, just like a flood can only be dredged but not stopped.

While this is a good solution on the surface, it is now known that the crisis is caused by over-creation, deflation and credit abuse, and that a lot of liquidity must first be released to solve it. There are two ways to release liquidity, one is to cancel the gold standard and issue a large number of credit notes to make them flow into the market through government spending and other means. The second is his method, which is to open up the "free" exchange of treasury bonds. At present, the countries of the world hold about 50 billion yuan of China's national bonds, plus the total amount of about 1500 to 160 billion yuan in China.

The problem is that the crisis has not yet bottomed out, and even if a large amount of money is released, it will not be able to reverse the downward trend immediately. Moreover, the figures released by the exchange are unlikely to be so large, because the exchange is in US dollars, and they can only be used to purchase our goods, which will inevitably lead to increased pressure on the British and French manufacturing industries, making the already tight international market more pessimistic. In the case of the need to protect their own industries, it is absolutely impossible for the two of them to exchange the Chinese treasury bonds in their hands, which is equivalent to crushing 40 billion yuan. Domestically, many people will not exchange it, because government bonds have a natural ability to retain value, and they will prefer to keep them rather than sell them.

In this way, in fact, it can only release 40 to 50 billion at most. Although it seems like a lot, it will indeed boost exports and consumption in the short term. But don't forget! Now is the economic crisis, signs of a turnaround have not yet appeared, once the money circulates I am afraid that more will flow into the capital market, driving the investment in hedging products, the final result is that the money just taken out is locked by the hedging products, and it will also cause the prices of gold, silver and real estate to skyrocket, in vain to consume funds, so that if you want to cancel the gold standard in the future, it will be more costly. ”

Roosevelt understood a little, and instantly thought of another question, leaned forward with both hands on the armrests, and asked, "What do you mean is a trap deliberately set by Yang Qiu?" "No wonder he has such a guess, everyone who is interested in competing in the world will not ignore people like Yang Qiu, so he began to study his opponent very early, but the more he studied, the more terrible he felt, because he found that Yang Qiu's use of crisis and international friction was very helpful, and he could hardly find fault, so this time it was not ruled out that he would take the opportunity to pit the United States again.

But little Henry. Morgenthau shook his head: "I can't draw such conclusions just yet. I heard that Yang Qiu's original proposal was the same as the one we discussed, asking President Hoover to abolish the gold standard, but our Mr. President was unwilling to cancel it, so we came up with this proposal. ”

"Did you guess wrong?" Roosevelt secretly thought that he always felt that Yang Qiu would not be so kind. Because he found that Yang Qiu was a pure national supremacist in his bones, and he should not give up this opportunity to catch up with the United States and the world. He was even stranger that since little Henry. Morgenthau could see it, so why didn't anyone stand up and speak up for such an obvious conspiracy? Are Mellon and Morgan fools? Will the consequences of the release of the national debt be seen?

Henry Jr. Morgenthau tilted the corners of his mouth and smiled bitterly: "No, they all saw it, but this is what they want to see the most!" Don't forget, if you do, they're the ones who will benefit the most! Because of their inventory, bad debts such as machinery and equipment recovered by their banks can be smoothed out! Most of this money ends up in their pockets. Secondly, most of the hedging products are related to the financial industry, and China's financial industry is operated by them, so they will get richer and richer.

Roosevelt's face became more and more gloomy, and after a long time, he asked, "Can we stop Congress from passing this bill?" ”

"I'm afraid it's hard, my old friend. You know, who controls Congress! In their eyes, the crisis is not important, the important thing is that the rules of the game must not be changed. "Little Henry. Morgenthau waved his hand helplessly, stared at Roosevelt, and said word by word: "Unless you can become president." ”

"No, I'm going back to New York and give it a try." Roosevelt was still unwilling, this does not mean that Yang Qiu wants to use the contradictions between the United States and Europe to play a trick! The United States is already like this, if he succeeds again, how will it contain China in the future?

See him angry, little Henry. Morgenthau hurriedly stopped: "No! Franklin, listen to me! Can't you stop it, have you forgotten what happened 10 years ago? I'm afraid that even Britain can't stop this! Because Yang Qiu chose a good time, the current American people, like you, hate Britain and France very, very much! Therefore, this bill will be advertised as the only option for patriotic salvation! If you go to stop it, I'm afraid the election in two years will be terrible. ”

"Campaign."

Roosevelt stopped his wheelchair, the corners of his mouth moving without speaking, and looked at little Henry. Morgenthau frowned slowly. Ten years ago, he campaigned for Wilson's peace plan, but Wilson suffered a crushing defeat and finally lost the election. If you go against the tide now, if you do it well, you will be an American hero, and if you don't do it well, you may be completely hopeless in the election in two years.

"Yang Qiu!"

What to do? Roosevelt closed his eyes and chewed on the name, his fingers slowly tapping on the armrest as if thinking about something.

Henry Jr. Morgenthau understood that this was a difficult choice for him, and to go back and stop it would probably be to lose the opportunity to run for president, and it would make Hoover take the risk of choosing to cancel the gold standard, so as to truly solve the crisis and become an American hero.

Time seemed to freeze all at once, and the sunlight shone through the shade of the trees on Roosevelt, and the small spots of light looked extremely messy. Neither knew how long it had taken for the crippled governor to slowly open his eyes and say something irrelevant.

"Henry, I heard that someone wants to buy the Northern Maria Islands, and Congress is also discussing the matter of making the Philippines independent, is that right?"

"Yes, but."

Henry Jr. Morgenthau didn't understand what he meant, but he heard the words faintly coming: "If one day, we in the United States withdraw from the South and Central Seas, what do you think will happen?" ”

Henry Jr. Morgenthau thought about it, and suddenly opened his mouth, his eyes bright! ……！！！