readx; Chapter 258 Poor America zhèngfu!

On the first day of June, the whole of New York lost its voice, and the bustling and lively Wall Street was now full of hustle and bustle, and a large number of Americans crowded here, looking at the New York Stock Exchange, which was already crowded, with worried expressions! The sound of selling from here has made all New Yorkers lose their cool!

If it weren't for the fact that transportation is not as convenient as in later generations, and the efficiency of mechanical telegraphs and telephones is not too high, I am afraid that there would be more people gathered here now!

Today is not destined to be calm, just when the whole United States is in a panic, the White House in Washington, which is five hundred kilometers away, is also in chaos!

"When did you get the news?" Alan Arthur looked at the telegram in his hand, and his face was full of anxiety and anger!

"I received the telegram at four o'clock this morning, but the White House telegraph operator thought that the other party was joking, so he didn't care, knowing that a large number of the same news were sent this morning, which attracted our attention!"

"What? You mean to say that the news of the Chinese occupation of Chicago and Houston arrived last night, and you actually ignored it?" Alan Arthur looked at the White House telegraph officer with a guilty face, and couldn't wait to step forward and strangle this bastard. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 If zhèngfu can get the news in advance, even if it is only for a few hours, then he can block the news and give zhèngfu a time to prepare, which is like now almost the whole United States knows about it!

"I'm sorry, President!

"Whew!" Alan Arthur took a deep breath. Temporarily suppressed the boiling anger in his heart, and now things have happened. No matter how angry and disappointed it is, the most important thing now is to find out how many Chinese troops there are, and whether they have launched a new offensive against other American cities after occupying Chicago and Houston!

"Do you have any other news about the squadron?"

"No, President! Because it happened suddenly, very few people escaped from Chicago. So we didn't get much useful news from Telegram!"

At this time, Allen Arthur once again felt that the United States was weak in the army and navy, especially in military intelligence, and that the intelligence section subordinate to the navy and army had just been established this year! It was simply useless! Moreover, the news that the Chinese had defeated the US garrison of three divisions deployed on the west coast and occupied the three western states had just been received yesterday, four or five days late. Now I haven't even figured out the number of troops and the level of equipment of other people, and they have captured Chicago and Houston again!

These two cities are not comparable to San Francisco or Los Angeles in the west. If the news of their capture by the Chinese spreads within the United States, it will definitely set off shocking waves, prices will skyrocket, the stock market will plummet, the economy will fall, and the United States will slide into the abyss. At that time, how can they, zhèngfu, have the money to organize an army to stop the attack of the Chinese!

"Immediately inform the Vice President, the Secretary of State, the Secretary of War, the Minister of Finance, and all the principal members of the departments of the Zhèngfu, I am waiting for them in the conference room, whatever they are doing, they must now drop everything and hurry over!

"Yes. President!"

But before the man could turn around, there was another sound of hurried footsteps in the corridor outside the president's office! I saw a middle-aged man in a crisp suit running in in a hurry!

"York. Why are you here?" "York-Hard, German-American, presidential advisor, Ph.D. in economics from Harvard University, has a very brilliant talent in financial economics, and Alan Arthur often accepts his advice when formulating macroeconomic development policies throughout the United States!

However, as far as he knew, Yorkhard was a very calm person, and it was the first time today that he showed such a panicked expression. Originally, Alan Arthur wanted to take the opportunity to tease him a few words, but soon he was so shocked by Yorkhard's words that he couldn't sit still anymore!

"Mr. President, there was a large-scale collective sell-off in the New York stock market this morning, and all the stocks have fallen! Now the entire Wall Street has become a mess! If zhèngfu can't come up with money in time to save the market, then the collapse of the stock market will be inevitable, followed by a large number of business closures, workers lose their jobs, and zhèngfu's income will fall, which means ......!"

"Economic crisis, economic crisis!" Alan Arthur whispered with a somewhat dull expression.

If we do not stop it and allow the stock market to decline, then we will not be able to repay the large number of loans we have received from Britain and France, and the price of this will be the bankruptcy of a large number of banks in these two countries, and the economic crisis that we started in the United States will also spread to the whole world! Therefore, whether it is for the sake of the United States or the Western world, we must immediately allocate a large amount of money to rescue the market! Now the stock market is just starting to fall, and the news hasn't spread yet, so we still have time!"

After listening to his words, Alan Arthur couldn't help but smile bitterly and shook his head, if he got such news half an hour ago, then he would definitely immediately withdraw funds to save the New York stock market as Yorkhard said! Stop the stock market from continuing to fall! But now, the news of the Chinese's occupation of Chicago and Houston has begun to spread throughout the United States, and in just one day, this news can spread throughout the United States! The decline of the stock market is a foregone conclusion, and even if the rescue is now, it is estimated that it will be difficult to reverse the result of the stock market collapse!

"York, I can't mobilize money to stop the stock market from continuing to slide!"

"Why? Alan, don't you know that this will cause an economic crisis that will engulf the entire capitalist world? When a large number of factories will go bankrupt, millions of workers will lose their jobs, exports will plummet, fiscal revenues will plummet, and the wealth of the United States of America that has worked hard for ten years will be wiped out in the stock market! Suddenly hearing this news, which was 108,000 miles away from his expectations, Yorkhard completely lost his calmness, and there was no respect between his words!

In the face of his friend's questioning, Alan Arthur did not get angry!

"Is this true?" Yorkhard, who was originally a little puzzled, was stunned after reading the entire telegram!

On the day the Chinese declared war on us, they landed from San Francisco and Los Angeles and fully occupied the three western states, and I just received this telegram this morning, they have already occupied Chicago and Houston! Moreover, we do not know how many troops they have until now, whether they will continue to launch new offensives against other surrounding cities!"

"But in any case, we in the United States will not give in, so a large-scale war is about to break out on the plains west of the Mississippi River! And we cannot hide the news of such a large-scale war! In addition, this is still a war that broke out on our American soil, so it has the most profound impact on our national economy! Even if there is no stock market crash this morning, then after the news of the Chinese occupation of these two cities spreads! The stock market will also fall because of the war! In addition, we need a lot of money to build a new army and buy weapons and equipment! So I don't have the money to save the stock market, which is already doomed to collapse!"

Looking at the ever-changing look on Jokhald's face, Alan Arthur sighed deeply, he can say it all! The collapse of the stock market, although the economic crisis is a deep disaster for the entire United States, coupled with this war with the Chinese, is likely to make the United States from the industrial achievements of the decades after the Civil War to nothing, but compared to the war that lost the entire western United States, these are nothing!

After all, after the factory goes bankrupt, it can be reopened, the workers are unemployed, the United States is so big, they will not starve to death, the economy has regressed, and they can develop again, but if the United States loses its territory, then it may not be able to get it back in the future!

"Is there really nothing the President can do?" asked Yorkhard, whose face was a little pale, and there was still a hint of hope in his eyes.

"York, I really can't help it!" Alan Arthur slowly shook his head with a heavy expression, he didn't know the harm caused by the collapse of the stock market and the economic crisis! But the military expansion plan passed by Congress last time had already filled in most of this year's fiscal revenue, and now he still has money to save the market!

At this time, the United States was not the world's number one economic power, which was so rich after World War I and World War II! Although the United States, which owed Britain and France more than $5 billion in debts, had a considerable amount of its annual fiscal revenue, after repaying the interest on these debts, it had already reduced a large part of its annual expenditures! In addition, there was not much left of its annual finances in agriculture, education, office expenses, salaries of public servants, and the construction of public facilities! Even the large-scale construction of railways was mostly supported by foreign loans! Therefore, don't look at the economic and industrial growth rate of the United States in recent years, which have been rapidly developing at a rate of 10 percent per year, but the growth rate of fiscal revenue within the United States is limited and tight!

Now, they simply can't do it both at the same time!

Looking at the back of Yorkhard leaving helplessly, Alan Arthur couldn't help but shake his head helplessly, the two things that could push the United States into the abyss are now squeezed together, and he has no choice!

Now, Alan Arthur already has some regrets in his heart, if he had not signed the "Chinese Exclusion Act" and could have apologized to China in time for the Chinese Exclusion tragedy in California, and compensated for some losses, even if it was symbolic, I am afraid that the United States and the Chinese People's Army would not have met each other like now! Unfortunately, it is too late to think about these things now!

"Mr. President, Vice President, and Minister of War, they're all here!" just then, Yurt, secretary of the President's Office, knocked on the door and reminded softly.

"Oh, I see! I'll go!" said Aarson, grabbing his coat, and before he had time to put it on, he hurriedly got up and walked outside!