The Empress Dowager Cixi never imagined that after so many years of foreign affairs, the economy slowly improved, and industry and commerce gradually prospered, there would be a financial crisis, even after the issuance of many national bonds. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 infoIf all the people who hold the treasury bonds now ask the banks to exchange the silver dollars immediately, I am afraid that the Qing government will soon declare bankruptcy. Now in addition to the northwest provinces, the southeastern provinces require all the provinces to have cement laying official roads, so that a dense official road network needs to be built, the railway naturally needless to say, the later generations of several horizontal and vertical railway networks, now also mentioned, must first be two north and south, east and west three railway lines must be laid successfully, these infrastructure, the money spent is really an astronomical amount, but the related direct benefits, That's really a little pitiful, and many lines, businessmen will not invest at all, that is, the government needs to directly pay money, the convenience and speed of transportation, the government can not directly get any economic benefits in it, can only be somewhere else, such as taxes, or other benefits brought about by the overall increase in residents' income, to make money slowly, and it is impossible to make money here in the infrastructure in a hurry.

The importance of infrastructure construction is to be able to solve the problem of food and clothing for the working population, which is the only magic weapon to promote economic development, and later generations of China is relying on infrastructure to stimulate domestic demand to maintain GDP growth.

In addition, the Empress Dowager Cixi did not expect a variable is to get the French ocean-going naval technology, the acquisition of this technology is indeed a very lucky thing, then this unexpected variable will have to pay a huge amount of capital investment, Yan Jingming is not here to deceive people, what he said is the truth, Rao is the Empress Dowager Cixi's inner treasury has a lot of silver, but every day to see such a white flower of silver spent, I can't help but be frightened, can't help but chant Buddha, look at the account book and want to throw the account book out immediately, never want to see it again. If it weren't for the people of later generations, who knew that this core technology must be in their own hands, the Empress Dowager Cixi would definitely immediately order the scrapping of this money-squandering plan to build warships on their own, and replace it with a more economical way to buy warships.

Spending a lot of money, and the results are extremely slow, up to now, it has been five years, there has not been a single warship into the sea, the government and the opposition are boiling, thinking that this is a very useless chicken rib technology, foreigners were originally a little vigilant and jealous, so many years have passed, but they have relaxed their attention to Mawei Port, it has taken so long, if it is not useless technology, then it is useless for the Chinese, and there is no fart to develop anything.

If Mawei Port is closer to Beijing, the Empress Dowager Cixi is afraid that she can't help but run to take a look every day, and show her anxiety with actions. Now she can't help but ask the layman to guide the insider, so that Nanyang can quickly give results, and with a little effect, she can gag the opponents, and avoid letting her heart that is now a little shaken continue to waver.

Speaking of which, the Empress Dowager Cixi is not a chronic person in the end, she is the most anxious person, but she also knows that the phrase "Centennial Navy" is not a joke, so she endured it, and has continued to invest money and money in Mawei Port, and no one is allowed to say strange things and gossip about the construction of warships, if anyone says strange things, although the Queen Mother will not let this unlucky ghost be dismissed from office, but white eyes and reprimand are inevitable.

In addition, the third one, or the previous Eight Banners reform, will slowly arrange the work of these millions of people, these people will definitely consume the savings of the original Ministry of Internal Affairs at the beginning, but they will continue to expand their business, continue to develop, and then continue to recruit employees to absorb into these so-called state-owned enterprises, at present, a large piece, such as this pension will take many years to actually pay, but this is also a huge expenditure.

The three mountains above the head of the Empress Dowager Cixi, infrastructure, eight banners, and navy, although the Empress Dowager Cixi was not exaggerated to the point of being out of breath, but it has also made the Empress Dowager Cixi uneasy, speaking of which, the Empress Dowager Cixi is not unable to make money, and the factories of the Ministry of Internal Affairs have been profitable for so many years. But obviously the cost is greater, three mountains, any kind of solution is to silver, without silver is difficult to move an inch, and, the most important point, the silver does not know where it comes from, the current Qing Dynasty is still a metal currency, the so-called silver dollar, although a little other metal is added, most of them are still silver, that is, these currencies are made of precious metals. The amount of precious metals saved is limited, and the amount of production is also limited, no more than the American imperialism of later generations, there is not enough money? It's okay, the money printing machine will continue to print out, just shear the wool of the world, I just need to pay the banknotes, and I can pass the world.

So this is why the Empress Dowager Cixi insisted on the issuance of new coins. As long as the credit of the paper money is maintained, and the rapid abnormal depreciation of the paper money is not allowed to solve the financial dilemma.

"You need silver everywhere, and the family has a big business and a lot of expenses, this is really not wrong at all, and the Beiyang Navy Division can only be suspended," the Queen Mother took out a handkerchief from the side of the tuck and wiped the corners of her mouth, "In the past few years, I will not continue to allocate funds to buy warships, this point, I will make it clear to you Shaoquan first, you have to be prepared." ”

What are you prepared for? It is nothing more than to prepare for the fact that the Beiyang Naval Division will not continue to develop in the next few years, Li Hongzhang was very annoyed at this time, but he couldn't come out, "Yes, but Xisheng, if the Beiyang Naval Division stagnates, other countries will quickly catch up, Russia's Far East Fleet has begun to be formed, and the purpose of their Far East Fleet growth is also to move in the north, and this Japan, Japan is now using the strength of the whole country to develop its navy, just to win a place in the seas of Asia." All of them are making progress, and we are stagnating, in fact, we are regressing. ”

Yan Jingming raised his head and said to the Queen Mother, "The minister thinks that the Beiyang Naval Division can defeat France, and the military strength is enough, and there is no need to deploy new ships every year." (To be continued.) )