Chapter 139: On Economy
Contact at this time was very inconvenient. Liu Yiming built a mineral radio, but the signal problem could not be solved. He had to establish a project and then look for talents or technology in Europe and the United States.
Therefore, there was a huge delay in reporting on the frontline battles, including the difficulties encountered in Medan, the progress in Borneo, etc.
But Liu Yiming is also very busy now...
At this time, he was receiving an unexpected person.
"Hello, Mr. Liu. I'm George. Mr. Richard would like to say hello to you." George took off his hat.
"Hello, George, thank Mr. Mellon for me." Liu Yiming said absently.
He was thinking about the purpose of the Americans' coming. After Liu Yiming left Europe, he arrived in the United States. His original plan was to stop in central cities on the east and west coasts, but he later turned back halfway because of Xu Hui's telegram.
However, after the advance notification, neither the US government nor Richard came to see him.
"George, what do you want Mr. Mellon to do?" Liu Yiming said with honorifics.
"Mr. Richard condemned Japan's actions and stopped the Mellon Group's plan to import raw silk from Japan." George was a little anxious when he kept hearing Liu Yiming calling Richard Mellon's surname.
"Oh! As far as I know, the Mellon Consortium's business in raw silk should be very small." Liu Yiming nodded indifferently.
"Although the share is not large, we are advocating the use of more supply sources, such as Die Qing, France, etc." George quickly followed up and replied.
"What do you want?" Liu Yiming keenly sensed something was wrong.
The consortium is very strong, but there are many consortiums. Mellon has this strength, but the price is too high.
"Uh...hehehe, we hope Nanhua can hold Japan back." Knowing that he was exposed, George said with an embarrassed look.
"Hold Japan? If the United States wants to target Japan, Japan cannot defeat it. How about I declare war on Japan and then ask for help from the United States?" Liu Yiming said unexpectedly.
"Of course not." George became even more embarrassed.
"You misunderstood. In fact, I do not represent the US government." George said.
The isolationism of the American people was serious, and they were extremely unwilling to interfere in foreign affairs. It did not improve until after the Spanish-American War. After World War I, the United States was subjected to a combination of punches by the British, and it became autistic again.
"Mellon will not do anything without profit. Who are you? What do you want to do? What can I get?" Liu Yiming asked aggressively.
"We plan to short Japan, debt, raw silk, yen, etc. What do you get? You can participate." George said.
"Who do you have?" Mellon was not so bold.
"Many, Mr. Richard Mellon will also participate, Morgan, the British, and the French." George knew that the person in front of him was the key to the plan, and the most important thing was to gain trust.
"How much money can we make? Do we need so many of you?" Liu Yiming suddenly became energetic when he heard that he was cheating the Japanese.
"This is not a small amount of money. Japan's total foreign trade volume exceeds 200 million yen, and imports are slightly larger than exports. However, exports have grown rapidly in recent years. We hope to suppress this situation slightly." George said.
In fact, this is a complicated problem, but Liu Yiming happens to be able to understand it.
What matters is not how much money Japan has, but Japan's potential.
The United States wanted to enter the East Asian market through Japan, and it had been working hard since the arrival of the black ships. As a result, Japan did not buy the United States' account. The navy learned from the United Kingdom, and the army learned from France (later learned from Germany).
America needs markets! Britain needs chess pieces!
And with the appearance of Nan Hua and his aggressiveness, Die Qing also failed to live up to expectations...
The Tsar's representatives once again made territorial claims to the Qing Dynasty, and formal negotiations will be held at the end of the year. Pamir.
Britain needed a chess piece to contain Russia, but the Qing Dynasty was really useless. Britain had seen through its weakness and could be bullied, and began to look for a new chess piece - Japan.
France is the most innocent. The Americans said that it can make money and can also make Russia turn back to Europe and focus on Germany, so they happily joined this activity.
Except that Liu Yiming couldn't figure out France's purpose, the other two were clear.
"How far do you want to go?" Liu Yiming doesn't mind causing trouble to the Japanese. The bigger the better!
"Six months, more than six months of confrontation with the Japanese in Kalimantan." When George heard that there was an opportunity, he quickly said,
"We can provide more loans, sell technology, sell equipment, whatever!"
"We'll talk about this later. I want to know how much profit you expect to get? How much can I share." Liu Yiming waved his hand.
These are all fake, loans, technology, equipment, to put it lightly and happily, the interest and money that should be paid will not be less.
"Uh, um..." George rubbed his hands and showed a slightly shy smile.
"Two million?" George asked tentatively.
"Pound?" Liu Yiming was thinking whether 2 million pounds was worth it. After all, it could weaken Japan.
"It's the Southeast Asian currency, which is the currency of your country." George said, his voice getting smaller and smaller.
"However, your previous loan interest does not count, and the British have the same conditions." George quickly added before Liu Yiming got angry.
"Are you kidding me?" Liu Yiming asked in surprise!
After all, Nanhua's five-year loan is more than 11 million pounds, and the ten-year loan is also 20 million pounds.
"Where is my military expenditure? A six-month war will cost at least 10 million yuan." Liu Yiming found that they seemed to pay special attention to this matter.
"I don't want more. You will be responsible for the military expenses. In addition, you will waive the interest and sell the eastern part of Guinea to me." Liu Yiming said.
"Guinea Island? Where is it? An island in the United States? If it were you personally, I can operate it, but it is still American territory." George said confused.
"The British Colony, north of Australia, is here on the map." Liu Yiming pointed out nonchalantly. He was not afraid of the British displeasure. Since 1870, the mainstream British public opinion was that the colonies wasted too much money.
At this time, Australia's status was not as good as Myanmar's, and it had already entered the eve of autonomy. The conflicts were not small. In the three meetings of 1861/1870/1877, the army withdrew its troops and established self-defense.
Tu'ao has become a sub-regime, and autonomy was established soon after the beginning of the 20th century.
"This..." George couldn't make a decision. After all, this was not American territory.
"You can ask the people behind you and give me an answer." Liu Yiming didn't mind waiting, and even had the idea of taking a shot with or without dates.
"What form of ownership can you accept?" George said with an embarrassed look.
"Any form!" Liu Yiming doesn't care, as long as he has one legal principle and reality, when he becomes stronger, this has been the case since ancient times!
George left, and the authorization he received was more in the area of trade and technology, but Liu Yiming remained unmoved.
Light industry trade Liu Yiming does not plan to develop strongly at all, but uses medical care, machinery, and agriculture as the pillars, with light industry as a supplement.
There is no way, the only population in Nanhua has to be invested in heavy industry and agriculture, the only talents have to be invested in scientific and technological development, and the light industry has huge demands on the population.
…………
"Prime Minister, there is a shortage of money in the market." On this day, Liu Yiming, who was about to attend the ribbon-cutting ceremony of the tractor factory, was stopped by President Du Dewei.
"Short of money? No way? We should have a lot of money, right?" Liu Yiming is quite sensitive about money.
There should have been 250 million in the national treasury at the beginning of the year, but it's only the middle of the year and it's all gone?
"The finances are not short of money, but there is not enough money in the market. There are signs of deflation."
oh!
"Is there a solution?" Liu Yiming probably understood deflation when he heard about it, but at this time, Nanhua implemented strict foreign exchange controls, and it was difficult for money to move around. How could deflation happen?
"Print money!" Du Dewei said simply and rudely.
"Print money?" Out of disgust for a certain Federal Reserve Board, Liu Yiming felt that this was a bad behavior.
"Yes, the value of our gold and silver reserves is already close to 400 million yuan. Let's be more prudent and overissue by 25% and issue another 300 million yuan, which can effectively alleviate this situation." Du Dewei said.
"Will it cause price increases?" Liu Yiming is more concerned about this.
"The impact is very small. According to statistics from the Statistics Department, the foreign trade volume of major cities in May has exceeded 10 million for the three major cities, and the internal economic scale is also close to 10 million. This year's GDP is estimated to reach 2 billion."
"So high?" Liu Yiming said in surprise.
"This is abnormal. The government bears most of the investment, and more than half of the government investment comes from foreign loans." Du Dewei felt extremely complicated at this time.
According to the current economic situation, Nanhua's fiscal revenue will exceed 200 million next year. Nanhua is currently an export-oriented economy, and taxes are not high.
For example, the scale of pharmaceutical exports is nearly 50 million, and the cost is almost negligible, and all of it is included in fiscal revenue.
It is expected that the export of agricultural products and processed products next year will be close to 200 million yuan, but profits are limited, and there are not many opportunities to make pure profits as in the past.
"Don't worry about the loan, I can handle it." Nanhua has a lot of silver stored in the treasury, and Liu Yiming is waiting for the war to begin.
"Show your plan to Xu Hui. If he agrees, then print it. Prices should not fluctuate too much. You don't have to worry about the loan. I will find someone to take care of it." When Liu Yiming borrowed the money, he never thought about repaying it himself.
Liu Yiming doesn't know how to operate debt transfer, but senior people don't know how to do it. How can we just play rough?
"By the way, what to do with the printed money?" It can't be distributed, right?
"It is used for investment, but there are not many investment channels. The Production and Construction Corps has a good model. I suggest that the scale of investment can be expanded." Du Dewei came back to his senses and said.
"Well, think more about industrial investment. In this way, I will give you a direction, schools, shipyards, engine factories, chemical plants, refineries, docks, etc." Liu Yiming thought for a while.
It is true that the Corps is a production unit, but the investment is not large, and it does not require money. Due to limited transportation capacity, the construction of the Corps is not fast.
And it’s still profitable. The natural conditions of this land are really good. Just throw some seeds and it will grow, three seasons a year.
Chapter completed!