Chapter Ninety-Three: The Age of Bills

The soaring price of grain is not a one-day cold, since 1867, when the HERO company began to purchase grain on a large scale, grain has been in a position of soaring price per day.

The price of food is rising, so do the employees of the Smith factory area know?

Of course, you know, ordinary people may not care about who is the president of the United States, but they are very concerned about how much eggs cost a pound.

From the first day of the increase in food prices, HERO employees began to face an embarrassing dilemma - the salary was not enough to pay for the food in the canteen.

As for how did these ordinary employees first know about the price fluctuations of food?

At Tom's behest, the staff of the canteen have been publicizing the latest daily prices of various grains in the canteen since the first day of the food price increase, and at the same time they have been continuously raising the prices of the dishes in the canteen.

When the price of food rises by 50 percent, all the employees are already exhausted.

Many employees who are engaged in heavy physical work, in order to save money on meals, even start to eat only the cheapest staple food in the canteen and do not eat any side dishes.

But the price of grain did not rise by 50 percent alone, for by the New Year of 1868, the price of grain had risen dozens of times.

When the price of food rose by 70 percent, Tom introduced the policy of borrowing money to buy grain.

Tom wanted to try what would happen if he took out a loan to use it for a necessity like food.

In Tom's plan, food prices would skyrocket, but wages would remain the same, creating an atmosphere of anxiety for employees at the Smith plant.

Employees will be forced to use a large amount of loans to buy food necessities for life, so as to stimulate the autonomy and enthusiasm of employees.

Tom was able to take advantage of the situation and extend the work system by 18 hours in a reasonable way.

It turned out to be a big disappointment for Tom.

A loan policy that creates anxiety is only useful if future generations of employees have time for themselves.

These employees at the Smith plant area work eighteen hours a day, and whether Tom creates anxiety or not, they can't work any longer.

Eighteen hours is the golden time for daily work, and the life expectancy of employees is stable at 20-25 years old.

Don't worry about pension and medical insurance, physical function is at its peak until death, and there is no frail and sick middle-aged and old age.

After trying to take out loans to buy food, Tom tried to extend the working hours of some types of work to 19 hours and 20 hours.

As a result, the employees of these types of jobs could not hold on for even a week, and they chose to be "laid off" to re-employment in the prefecture.

Tom discovered that for lazy employees who worked 18 hours a day, loans and anxiety didn't make them work overtime.

Tom is not a god, he can only make them work eighteen hours a day, and the loan will not help them to extend the time of self-dedication.

Faced with this situation, Tom secretly made an oath in his heart:

"Dear Employees,"

"I'm not going to let loans happen in this world."

"As long as I, Tom Smith, are alive for a day, I will let you enjoy the good life brought about by the eighteen-hour workday,"

"You'll never have to worry about the anxiety that comes with a loan!"

After realizing that he couldn't go any further and get his employees to give themselves any further, Tom became anxious.

Tom knew he had to keep these employees and not let these laborers starve to death, after which no one would go to the factory to work on screws.

But Tom can't give employees a salary increase, nor can he directly give out free food.

Tom also knows that you can't give your employees a good look, and today you pay them an extra $0.5 in wages, or give them a free glass of expired milk when they have a job

Tomorrow they will dare to ask for pension insurance, compensation for injuries injured during working hours, and medical insurance. Forty-hour workday and so on.

In order to avoid being kicked in the face by these people, HERO has launched a new type of wage settlement method - bill settlement.

The daily salary of employees is fixed at a few tenths of a dollar, which has become a quantitative variety of bills, with which they can go to the designated place to exchange materials.

Tom rigorously calculated the approximate amount of nutrients needed for an eighteen hour of work for each type of work, and rationed enough food bills each day without overfeeding them.

Looking at the rising food prices, the employees could only give up their meager salaries and choose the bills issued by HERO as a means of wage settlement.

At the same time, the employees exchanged all the few cents left over from their homes for bills for various supplies.

In this way, by the time Hero declared bankruptcy and Tom established Heroine, all the employees in the Smith factory area no longer knew what Hero Dollars looked like, only all kinds of material bills in their hands.

Even if the HERO dollar is abolished, it will have no effect on them.

In this way, a win-win situation for the employees and Tom was reached.

Tom took advantage of the first economic crisis and the Mexican war to transform the company from a mere manufacturing company to a pure state apparatus.

Take control of all walks of life in Texas, including infrastructure and munitions.

The employees also did not starve to death because of the economic crisis, which caused Tom to lose his labor property.

At the same time, employees have not increased their wages because of price fluctuations, and if you only look at the materials they can get every day, the materials that can be exchanged for the bills that employees receive every day can be exchanged

It's just that before the economic crisis, their wages could buy two-thirds of the supplies.

But looking at the skyrocketing prices, these poor employees still have to be grateful to Dade for the new wage settlement method created by Tom.

Only the world in which the Yankee was injured was reached.

——————

April 4,

On the day that HERO declared bankruptcy, companies that had trade contracts with HERO near Houston sent people to the vicinity of Smith Farm to demand compensation from HERO for the sky-high liquidated damages on the contract.

Dozens of armed security guards at the gate stopped the debt collectors who wanted to break into Smith Farm.

"I'm sorry, after the bankruptcy of the HERO company, all assets have been seized by the state government, and the Smith Farm is no longer the assets of the HERO company, and everything here has nothing to do with the HERO company."

"Nonsense! Isn't the headquarters of HERO Corporation in Smith Farm? ”

"We asked to meet Tom Smith, the founder of HERO!"

"John Mueller or Johnny Smith is fine, we're going to meet with a hero executive,"

"Give us a proper answer."

It's humiliating for these people to see for themselves the executives who signed the deal with them in the first place.

"Previously, the headquarters of HERO was indeed Smith Farms, but now Smith Farms has been raided by the state government,"

"After the raid, it was auctioned to the heroine company for a sky-high price of one dollar,"

"Now Smith Farm is owned by the Heroine Company, and there are only the staff of the Heroine Company, not the executives of the Hero Company as you say."

“???”

In this way, all the people who came to collect the debt were caught by the "security guards" with high-sounding reasons, and none of the debt collectors were able to enter the Smith Farm.