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On the day the constitution came into force in the middle of last month, the first law to be discussed in Congress was neither the Civil Code nor the Code of Civil Procedure, but the Bill on the Privatization of State Shares, which almost everyone was waiting for.

All the community production departments that used to be subordinate to the Economic Management Commission were converted into total assets worth more than 16 million US dollars (1 US dollar is equal to 1 Spanish silver dollar) under the statistics of the audit team led by Liu Xin, the last director of the Economic Management Committee.

The state-owned import and export group, the state-owned energy and mining group, the state-owned agriculture, forestry, fishery and animal husbandry group, and the state-owned construction engineering group, the four most important upstream state-owned enterprises, announced the establishment of the state-owned enterprises, which will continue to maintain 51% of the state-owned shares and 49% of the shares owned by the whole people.

The assets of the rest of the production and operation departments are all converted into "share capital" of a special book nature, commonly known as "white slips", and 90% of them are distributed to all the people in accordance with the principle of fairness, and the remaining 10% is used as investment fund shares under the control of the central bank, with an average of 30,000 US dollars per transaction.

Singles get 100% of the share of a single transaction; 70% share for each husband and wife, and 10% share for each child in the name of the family; 50 per cent share for minors under the age of 16 who are not in a relationship of dependency or adoption. This principle of distribution was finally agreed upon in Congress after a long time of debate. Excluding the assets of the Big Four, which the state continues to hold, the amount of distributable privatized equity is about $11 million.

As a result, with the exception of state-owned enterprises, the production sectors to be "sold" are like little lambs that have been stripped naked, and hundreds of capitalists have been swept up and down overnight......

In the former Ministry of Industry, except for the mining sector, which was spun off and merged into the newly established state-owned energy and mining group, the rest of the workshops were divided into three companies.

Jiang Zhaolong is the president of the "General Industrial Company", which covers the machine tool and mechanical tool processing workshop; Lin Youde was the president of the "North Industries Company" to eat the metal processing and military workshop; Zhou Junting, a hard-working chemical engineer, boldly united with a group of young people to eat the entire chemical department and established the "Xinhua Chemical Company".

The shipyard was circled by the "Beiyang Shipbuilding Company" established by a group of shipyard technicians led by Shi Yige and You Qi; The attached woodworking workshop was spun off by others under the name "Huamei Wood Company".

In this way, more than 30 private joint-stock enterprises of various sizes were established.

Those who have the courage to buy almost most of their "share capital" into their favorite corporate shares, thus becoming major shareholders and entering the management of the enterprise; Those who are cautious will cast their nets separately and buy a different number of shares in each company, so that they can be an investor who doesn't worry about anything; If they are more ambitious, after buying a small part of the shares of various enterprises, they will simply end up with more equity capital and exchange cash from the newly established central bank, so as to establish a private enterprise that is truly under their own absolute control, and then pull down the investment.

The fact that the most upstream resources of all production and operation are still in the hands of state-owned enterprises can be regarded as a reassurance to some people who are worried about total privatization, at least the egalitarian national shares in it can make the annual dividends more secure and realistic.

In late September, a 10-ton stamping and minting machine powered by a 20-horsepower steam engine was put into operation, and a new version of the silver dollar was officially put into circulation to replace the Spanish silver dollar.

The one-dollar coin is not much different from the Spanish dollar in fineness and weight, but the pattern is more delicate and delicate, the texture is dense and shiny, and there is a ring of security embosses on the edge of the coin.

Whether it's the dragon and the five-star coat of arms on the obverse, or the sailboat on the reverse, the entire one-dollar silver coin is far more elaborate than any coin anyone in this time and space has ever seen, like a small piece of silver artifact.

In addition, it is a small silver coin with a denomination of ten cents, which is still customarily called a "dime" and weighs exactly one-tenth of a dollar. The pattern on the back is different from that of a dollar, with two intersecting muskets and the edges replaced with serrations.

Finally, there is a one-cent yellow copper coin, which weighs about three grams, but the standard of workmanship is not worse than that of silver coins.

The Army and Navy, which had always had a good relationship, had a little trouble with the Navy as to what kind of symbol of national power was used on the back of the currency, and finally the Navy won the dominance of one dollar, and the Army occupied the territory of ten cents.

In early October, the central bank announced that the newborn pocket nation had undergone a radical transformation after completing the last cashing of its share capital.

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The two major heavy industry companies, which have gathered the most funds, received a large-scale European arms export order from the state-owned import and export group almost on the day of their establishment, and the main product is the Type 21B flintlock rifle, except for some cold weapons with almost no technical content.

How did an export 21B flintlock get to European users?

A handful of European-American miners and more than 1,000 Indian miners or prisoners of war dig iron ore and coal at the major mines owned by the state-owned energy and mining conglomerates. The fleet of the state-owned import-export group also continues to bring scarce industrial raw materials from Europe.

These will be selected and purchased by NORINCO, and in the metallurgical workshop in the Long Island New Area of Mancheng, they will be turned into a single ingot of various specifications of metal raw materials, and then various preliminary metal processing will be carried out, including the barrel after the casting and forging process.

Some of the semi-finished metal products were purchased in bulk by General Industries, and a group of European mechanics flocked to pick up and reuse the company's lathes to process all kinds of small rifle parts.

The wood processing workshop of Huamei Wood Company obtains log materials from the state-owned agriculture and forestry group, and after a series of treatments such as drying, they are processed into wooden components such as gun butts using lathes, polished, painted and dried.

The parts produced by the three enterprises are finally assembled in the assembly hall of NORINCO...... A freshly baked Type 21B flintlock rifle that smelled of gun oil rolled off the assembly line. In this process, Xinhua Chemical Industry Company can also participate in a small handful.

A certain head of the black business of NORINCO was bought by the deep-pocketed state-owned import and export group with only a "slightly" increase in price, and then the group's fleet was sent across the ocean to warehouses in the Azores, and finally poured into a corner by the famous arms dealer Mi Gu at an even more exaggerated price.

In the course of this series of transactions, the state tax revenue rolls in, and finally the annual profits of state-owned enterprises are paid and the annual dividends of the whole people are distributed.

Under the management of steam-powered machine tools and standard parts, an export Type 21B flintlock rifle with an initial factory price of only $35 has reached Europe, and the wholesale price has become at least $80. After a meal of oil by European businessmen and bureaucrats behind the scenes, by the time the soldier got his hands, the price had risen to more than $100, and its initial cost was perhaps less than $10.

The Beiyang Shipbuilding Company, which has a more complex processing process and more raw material suppliers, has become a gold-swallowing monster, even if Shi Yige and You Qi are "honest people", they have become capitalists in just one month.

The standard displacement of 800 tons of enterprise-class light cruisers, according to the length of the construction price is different, the normal six-month construction contract, the price of 150,000 US dollars, if you have to work overtime and ask for four months to complete, then this price may rise to 200,000 US dollars. When an enterprise-level enterprise is completed and put into service, the suppliers of the entire production chain will be full of fat, and the tax collected by the state in these links will reach more than 30% of the total cost.

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Despite all kinds of criticism and short-term maladaptation, hundreds of former grassroots people and a very small number of pretentious so-called elites began their dirty capitalist road in this way, either openly or in a low-key manner.

In the local mines, in the forest, in the farms, in the factories...... Excluding the pitiful few hundred Mohok prisoners of war, European and tribal Indian hired laborers happily toiled for salaries ranging from $10 to $30 a month, then bought goods in neighborhood shops that seemed to be not much more expensive than continental Europe, and then silently and quietly paid the consumption tax again.

The New Chinese American Republic, which has a rapid circulation of money and a rich material life for ordinary people, has thus supported hundreds of special citizens who "will have a blessing after a great disaster."

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