Chapter 605: The Creditor
Inside the room, Elaline was taking care of the matter at hand.
After two months of rest, Elanon's physical condition is noticeably better than the previous days, and she has shown her shrewd and capable side when dealing with things.
Gently pushing open the door and looking at Elaline who was working behind the desk, Yan Shao couldn't help frowning. "Please, didn't you get a good rest, why did you get up again..."
As he spoke, Yan Shao walked behind Elano and held her shoulder with his hand.
Listening to Yan Shao's words, Elaline did not stop the work in hand, but continued to be busy without raising his head. "A lot of work has been delayed these days, and we can't continue to delay..."
"Isn't it the same to hand over things to the people below, you see that I have so many things every day, don't I also hand things over to the people below..."
"But I'm not at ease..."
Grinning, in the face of Elano's answer, Yan Shao didn't know what to say.
But soon he found a new topic, got a chair from the side and moved it aside, and then sat down by himself, Yan Shao asked while looking at Elanon's side face. "What about the light rain? How's it going? β
"I'm already asleepβ" Talking about his daughter, Elanon's pen stopped, and the expression on his face became a little softer. I just put her to sleep, and now I'm accompanied by a nurse..."
Hearing Eleno say this, Yan Shao's face also showed a smile.
Light rain, severe light rain. This is the name of Yan Shao's daughter.
At the beginning, Yan Shao also thought of many names, such as Yan Yuyun, Yan Siqi, Yan Yumin, Yan Mushi, Yan Guqing, these names that make people feel very powerful when they hear it, or Yan Zhi, Yan Wei, Yan Ying, Yan Yan and the like...
But finally thought about it. Yan Shao still gave his daughter a nice, but ordinary, name.
How to say it, Yan Shao feels that he has earned a lot of family business, and he doesn't want his children to make any career in the future, as long as they can live a safe life...
After all, after reaching his status, the price of the magnificent waves is a little carelessness, and it is likely that the whole family will have...
The name given to Yan Shao. Elano and the others have no opinion, after all, Yan Shao is the father, and the name Yan Xiaoyu is not difficult to hear.
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Just sit next to Elairon. Looking at Elaine's beautiful side face, Yan Shao's heart was also a little proud, after all, she had definitely not a few suitors in Marseille back then, but in the end she fell into her own hands. Not only married himself. even gave birth to a white and chubby ......... Daughter...
Now he doesn't expect any children and grandchildren, but it seems to be a good thing to have a few more children, and of course, this means that he has more belongings to prepare...
It's just that...
Yan Shao seemed very helpless about the fact that Elano had just been lying in bed for a long time before getting up and starting work.
Normally, a woman can start working more than a month after she comes out of the delivery room.
But let's be honest. If it weren't for the forced life, a few people would be willing to run out to work just after giving birth. Don't you all wish you could take more time off?
The problem is that Yan Shao doesn't think there is any urgency in the group's affairs.
Benefiting from Yan Shao's identity, even if Yan Shao didn't take care of anything below, the local officials didn't dare to trouble the Yushi Group. The same is true for foreign countries, after all, there is Yan Shao's face in it...
Coupled with the fact that the management of the various departments below is very capable, Yan Shao completely feels that Elaline can rest for a while.
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Yan Shao's gaze was so obvious, of course it was impossible for Elaline not to notice it, but Yan Shao didn't hide it at all.
But she didn't care much about this, after all, Yan Shao was her husband, and even if it was a more private place, it was not uncommon.
She just flipped through the information in her hand, and then said to Yan Shao.
"This year's profitability of the group is very good, and the scale has expanded a lot compared to previous years..."
"Oh?" Hearing Elano say this, Yan Shao hurriedly sat up straight. Because he had already heard that Eleno wanted to talk to him about the group's performance this year, and he also attached great importance to the group, after all, whether it was the establishment of the country or his personal luxury life, a considerable part of it was provided by the group's profits.
Especially the former...
Although the annual fiscal revenue of the Nationalist government is more than one billion yuan, the expenditure is not a lot at all, according to Liang Shiyi, the 100 million pounds borrowed from Yan Shao back then has almost been spent, of course, these are nothing.
After all, the current financial revenue of the national government has exceeded one billion yuan, and even if it spends more money on weekdays, it is not unbearable.
But now that the north is about to go, and what is particularly important is that Yan Shaozheng plans to expand the size of the National Defense Force to 2.55 million, which means that at least 310 million or 200 million ββββββ annual expenditure is needed which is just the military salary of the soldiers, not counting the repair and purchase of weapons and equipment, etc., plus daily clothing and food...
The Great Crisis...
It has been almost four years since the establishment of the National Socialist Government, but in the past four years, the salaries of the officers and men of the National Defense Army have never changed, and it was 10 yuan in 13 years, and it is still 10 yuan (in fact, it started in 11 years, but the National Socialist Government was established in 13 years), and one of the most fundamental reasons is that the military expenditure is too large, and the government cannot make ends meet financially.
If the size of the National Defense Force really reaches 2.55 million, then the annual financial expenditure of the national government will probably reach about 500 million yuan, which is equivalent to about 40 percent of the fiscal revenue...
And that's not even counting the extra expenses during the war. At least now it's definitely more than just 40%
It is obviously unhealthy for a country to spend 40 per cent of its fiscal revenues on its militaryββββββ which was true in later generations, but it seems to be nothing in this era. This has been the case in Japan at least in the early years, and it has been similar in China in previous years.
In fact, it doesn't seem like much, after all, there are still 60% of them there.
The problem is that in addition to compulsory education, the Nationalist government also has a large number of projects there, such as the railway construction that Yan Shao has been promoting, in fact, if it were not for Britain, France and Russia. Bearing all the costs of the Dylan Railway, the pressure on the Communist government would be unimaginable, even now.
Add in the amount of principal and interest that needs to be repaid each year of past borrowings. At least for the past few years, the Nationalist government has been in deficit.
Yan Shao is even thinking privately about whether to borrow another 100 million pounds from the government, so that although the annual repayment of principal and interest will reach a sky-high price, but...
Don't forget. The annexation of Siberia and parts of Central Asia was a big move. No money is definitely not good, at least Yan Shao will definitely not want to lead the failure of the action because of such a nonsensical reason as no money...
Because of this, Yan Shao is very concerned about the profitability of the group...
This is one of the reasons why Eleno will return to work so quickly, not only because of her love for her work (after all, it is her own family, not working for others, and her mentality is naturally different, if it is someone else's business). I'm afraid I'm going to get tired of work), but also because she knows Yan Shao's need for funds very well...
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Helped by the European war. In recent years, the development of the group has been very smooth.
For example, the cotton textile factory with the largest number of workers at present, according to Yan Shao and Eleno's plan, was to open two cotton textile mills with 80,000 spindles every year, so that 160,000 spindles could be added every yearββββββ it should be noted that it was originally 1.28 million in 14 years, but due to the need to find some jobs for lazy banner people at that time, the result was that four more were temporarily added, so that the number of cotton textile factories under the Yushi Group reached 1.76 million in 14 years.
Originally, the development plan of the cotton textile mill should have followed the original plan, but because of the European war, an industrial power like the United States almost completely gave up the cotton textile industry, and concentrated all its capabilities on the military industry, which is almost equivalent to giving up the cotton textile market to countries like China and Japan.
Especially China...
The low cost makes the products of China and Japan extremely competitive, coupled with the extremely low export tax, such a godsend If Elaline does not grasp it well, it is really...
Now, that is, in 1917, the Yushi Group, which was supposed to have only 2.24 million spindles according to the plan, has now reached 3.76 million spindles. According to the original plan of 80,000 pieces for one factory, these 3.76 million spindles are equivalent to 47 cotton textile mills...
And the cotton mill alone needs about 400,000 workers...
It should be noted that cotton textile mills are also very profitable today. The annual profit can reach 50 million, which is converted into 5 million poundsββββββ which is 1:10.5, but the 0.5 conversion is too troublesome, anyway, there is a fraction, so it is directly calculated at 5 million pounds.
Five million pounds, equivalent to two of the latest Super Dreadnought-class battleships, or five hundred Type 15 tanks or Type 15 armored vehicles, although it may not seem like a lot compared to the car factory, it is definitely not a small amount.
As for the car plant ...
The scale has reached a point that can be called terrifying...
The reason is also very simple, because at this time, the car factory has almost completely monopolized the global automobile industry.
In later generations, even at the peak of Ford, it only occupied more than half of the car market, and a considerable part of the remaining share was ceded to Rolls-Royce and other companies, which also ensured that they could continue to survive under Ford's pressure.
However, in this day and age...
First of all, due to the cost gap and advantages, the market share of automobile companies has reached more than 70%, of course, the money is not all Yan Shao earned, the market share is super high at the same time, Yan Shao also transferred most of the parts share to Britain and the United States and other countries. This also made them acquiesce to Yushi's dominance in its domestic auto market.
Later, various automobile companies, which were already surviving, faced Yan Shao's acquisition. Finally on the road to a dead end.
Unlike the historical Ford, Yan Shao is very aware of the threat of these companiesββββββ the historical Ford was overturned by the Chevrolet behind when it occupied a dominant position.
At the same time, Yan Shao also knows that none of these famous automobile companies in history are easy to deal with.
At present, one reason why I can suppress them is the 'assembly line', and another reason is the advantage of labor costsββββββ one needs at least five yuan a day. A salary of only five cents a day, the difference between each other can be described at a glance...
The problem is, this patent has a term ...
Wait until the patent expires. Or after the end of the European war, Britain and the United States and other countries began to play tricks to solve the monopoly position of the Yushi Group in this regard, Yan Shao's Yushi Group had to face competition from other companies.
Although the current Rainstone Group has occupied a dominant position. But let's be honest. In the face of these old-timers, Yan Shao's heart is still a little empty.
And the best way to solve this problem is to buy them while they are overwhelmed one by one, and completely solve this trouble...
As long as they all become Yan Shao's company, even if they develop, what does it matter?
As it turned out, this was a very good step. After the acquisition of these companies, the market share of all the car brands under the Yushi Group has reached more than 95% of the global market. The rest are all miscellaneous brands that are not well-knownββββββ during this period, there are still many such brands, and of course, the scale is also very small...
And this monopoly position has also brought great benefits to Yushi Group.
At present, almost every year, Yushi Group's profit in the automobile industry can reach more than 100 million pounds, which can be called an astronomical figure, which can only be achieved after completely monopolizing a certain market...
However, the annual profit of the automobile company is already about the same as China's annual fiscal revenue, and such a large amount of money is naturally eye-catching, but in the face of such a large amount of money, neither Britain nor the United States nor other powers dare to act rashly.
This is not only because the backer of Yushi Group is Yan Shao, nor because China's strength is already impossible to be underestimated. It is because after the market share of the automobile industry reached 95%, Yan Shao issued an order after discussing with Elano and others, from now on, at least 80% of the parts needed by the group to assemble cars should be imported from abroad, and the other 20% should be solved by itself.
Of the 80 percent, the United States occupies 60 percent, the United Kingdom occupies 5 percent, France occupies 10 percent, and the remaining 5 percent is divided equally between Russia and some other countries...
This is a very reasonable way of distribution, because in this era the United States is the largest car market, it is normal to give most of the share to the United States, and because the market share of automobile companies has reached more than 95%, so although the United States now gets only 60% of the share, the actual number is not less than in the past, even... Maybe a little more...
However, it is precisely because of this that in the face of the undoubted monopoly position of the Yushi Group, the Americans do not dare to act rashly. Because at this moment, almost all the factories that produce auto parts in China are related to Yushi Group.
Of course, it's nothing, for example, an antitrust investigation or something.
However, after Ford and other powerful car companies have been acquired by Yan Shao, although there are still many car companies in the United States, they are just some small shrimps.
Even if Yushi Group is driven out of the country, its vacated share will not be able to make up for it with these small shrimps alone. And as long as they have a blank period of a few months, those parts factories in China are afraid that more than half of them will close down, if they can't make up for it in a year, then...
Countless unemployed workers will emerge in the United States, and the entire country will also set off a very huge wave of unemployment.
Let alone...
The slightly larger car companies have all been acquired, which means that the members of the US Congress have nothing to do with these car companiesββββββ and the remaining small shrimp is not enough to qualify.
The ones who have a relationship with these parliamentarians are now the factories that supply spare parts.
If those factories go out of business, won't these parliamentarians be smashing their own jobs?
Therefore, no matter how much the Americans hate the monopoly position of the Yushi Group in the United States, they do not dare and cannot dare to act rashly.
Under this circumstance, coupled with Yan Shao's other industries in the United States, such as Coca-Cola and Gillette, as well as domestic arsenals and machinery factories, shipyards, banks and a series of other industries, the annual profit of the Rainstone Group has reached as much as 200 million pounds...
It should be noted that...
This time, Yan Shaoke didn't continue to deposit the money in the bank, and then see if they could give birth to themselves, but came up with a very smart approach...
Very, very smart...
To put it simply, Yan Shao lent all this money to Britain and France...
At present, the war in Europe is in full swing, and Britain and France need a large amount of money to buy resources from abroad to continue the war, if this is not the case, it is impossible for a country like Britain to have the United States owe him 400 million pounds, but he owes the United States 400 million pounds...
Now that Yan Shao has lent money to the British, it means that he, like the United States, has also become a creditor of the United Kingdom... (To be continued......)