281 The Temptation of the Devil

Although many people here are not educated in modern finance and do not understand a word, this does not prevent them from being absorbed and intoxicated. Obviously, Marshal Li has become an idol they can only look up to.

Narcissus' eyes flowed, simply observing everyone, and noticed that their eyes hardly blinked, or even breathed, as if they were all addicted to Li Dashuai's wonderful speech, and Li Dashuai seemed to enjoy this kind of worship very much, and Narcissus couldn't help contempt in his heart.

"Do you want to be famous? I want to tell people all over the world, are you the CEO of the best consortium? You are the general director of Shanghai City Autonomous Office. Don't you want to become the general director of the Changjiang Chinese Chamber of Commerce, the largest chamber of commerce in China? The most promising consortium in Asia!" General Li's words are full of **.

"There is a devil in your tone**." Narcissus suddenly interrupted next to her. She couldn't stand it.

Marshal Li glanced at the narcissus and couldn't help gently pinching her soft wrist.

"Why are you so sure?" Huang Jinrong couldn't wait to agree immediately, but Li Pingshu calmly said such a sentence.

"Hahaha..." Li Dashuai couldn't help laughing.

The underground emperor of Shanghai Beach quietly said something to the president of the Shanghai Chamber of Commerce related to the Ministry of Industry. Li Pingshu's face suddenly changed greatly. He looked at the English police officer sitting in the corner of the lounge who had been following here and was a little stunned.

"I'm also interested in this matter. It doesn't matter if you don't agree." Li Dashuai touched his nose and put on an old-fashioned routine.

"I agree, I agree!" Li Pingshu nodded in a hurry. However, I have to seek the consent of other members of the Shanghai Federation of Commerce before I can agree on behalf of the Shanghai Federation of Commerce.

"I understand." Marshal Li nodded fearlessly. Li Pingshu was flat, and he was not afraid that others would not go to the hook. "But I won't wait for you for too long. Before I leave Shanghai, I hope to hear your reply. At that time, as long as you sort out the relevant information of the Shanghai Business Association and send it to me, I will stay here. You can rest assured that the Hankou Concession incident is also a peaceful solution. Yuan Shikai does not dare to come to Hubei again in a short period of time. My troubles will not affect the development of the Yangtze River Consortium... However, the Hankou Concession has been changed into a special economic zone, which still attracts a lot of foreign investment. In fact, the collection of short funds can also be used to issue public bonds with Hankou tariffs - so you'd better make a decision quickly. Don't miss the opportunity!"

Issuing treasury bonds and using foreign capital are the propositions that no matter which modern people travel through time, the economic take-off of reform and opening up is to make good use of these two points. Li thought that these two brushes are still available. Aircraft, cannons and armored ships can't be built, and macro-control is still known. The theory of treasury bonds a hundred years later has developed very systematically. Even if Li wants to learn but is not good at it, it is more than enough to solve the difficulties of a hundred years ago.

Li wants to have such great confidence because he has independent sovereignty in Hankou and has a political environment where he can play freely. Li Xiang really didn't like Zhang Zhidong's small means of building Hankou in those years, but it also made the development speed of Hankou catch up with Shanghai. Li wants to take out a little bit of the construction means of reform and opening up after a hundred years, and the Hankou economy will not soar to the sky!

First of all, as far as domestic debts are concerned, Li Xiang believes that it is feasible to issue domestic debt when China's people's livelihood has withered in the Qing Dynasty and the country's financial bankruptcy is inevitable.

"Public debt is really a great financial use." Li Pingshu immediately looked at the gold coins and said, "Is it just Hankou has this condition?"

Li Dashuai said confidently, "In addition to self-casting silver dollars in Hankou, Zhang Zhidong also spontaneously issued banknotes and public debts, and he managed it well. However, after the Xinhai Revolution, the depreciation of banknotes and public bonds guaranteed by the reputation of the Manting was severe. I temporarily merged the Industrial and Commercial Bank of China established by several official banks in Hankou, and I also accumulated a lot of experience in the process of rescuing the market. The issuance of new banknotes, RMB, is still stable, because the Industrial and Commercial Bank of China itself is supported by the financial resources of the two lakes consortium and the military and political policies of Hankou. In Hankou, it is already a currency for general trade settlement, and the issuance of public bonds is also natural.

Li Pingshu nodded. Li Pingshu, the name of ICBC, has also heard of it, and RMB has also heard of it. Issuing paper money and issuing public bonds are all money.

Li Dashuai gently knocked on the knee with his hand and continued to say, "Issuing public bonds, from the perspective of national livelihood, the nationals take their interest from cash loans to the state, and these cash become the capital to earn interest. After the nationals buy public bonds, if there is a need from time to time, they can also use public bonds to mortgage the property. In this way, it can be used by hundreds of people at the same time, which is beneficial to the country and the people. Of course, the issuance of public debt must abide by the principle. Public debt can be issued, but it must not be "unscrupulously borrow money at any time". The principle of issuing public bonds: First, a country's "constant fee" (recurrent expenses) must not be made up by borrowing. Due to the nature of the constant fee, it cannot be multiplied. The second is to use borrowing to pay for special expenses that can be beneficial to the future (specially used at this age or in the next few years, in the past, it will be suspended), and to make a specific analysis, that is, it must be based on the certainty of the effect received in the future. Because to support national expenses, we should take " livelihoodism" as the criterion. The so-called livelihoodism is "to get the greatest effect with the minimum labor cost"; if you violate it, it is a waste and you can never borrow money. In addition, the target of public debt is mainly capitalists, and the recruitable power of public debt comes from a part of the capital. If public debt is not widely used in the private sector and society, public debt cannot occur..."

As the president of the Shanghai Federation of Commerce, Li Pingshu keeps nodding, and General Li's views are quite insightful.

"As for foreign debt," Marshal Li organized his words, "It's better to borrow foreign debt than to borrow internal debt. But I don't take a rejection of foreign debt. I think the key is whether it can be used well. According to the experience and lessons of Western countries, combined with the actual situation in China today, the advantages and disadvantages of using foreign debt, such as what should be borrowed or not, and which should not be borrowed, and each specific problem should be comprehensively analyzed and dealt with in detail. My opinion is actually a matter of the principle of borrowing foreign debt. We must consider using it for production, properly manage it after the introduction of foreign capital, and make a thorough plan for installment repayment, etc. In addition, there is the most fundamental premise for borrowing foreign debt, which is to carry out a thorough revolution and establish a sovereign, complete and independent regime! It's not that I'm crazy. Now the only regime with complete sovereignty in China is Hankou! That is to say, only when Hankou borrows foreign debt, you don't have to be afraid that outsiders control Hankou's economic lifeline like controlling Shanghai!"

Li Pingshu nodded and had a sore neck. I have to admit that this is also unique to Marshal Li. He really doesn't know why this young Marshal Li is so capable. How can he learn the professional knowledge of such a huge and complex system and analyze the pros and cons of all aspects so clearly? Even if he is a foreign devil's university, he may not have such extensive and exquisite knowledge.

Although Zhang Jian, the top official, raised the problem of using foreign capital in the process of revitalizing the industry and implementing the cotton iron policy. He believes that foreign investment can be used and how to use it. He has his own more systematic ideas. He proposed that when China's funds are insufficient, as long as "the contract is legitimate and the authority is clear", foreign capital can be considered to develop Chinese resources. In this way, employment opportunities can be increased, the purchase of materials abroad can be reduced, and it can also provide a place for Chinese people to learn technology. The use of foreign capital can be divided into "joint venture", "an agency", "borrowing" and so on.

Zhuangyuan Gong also requires foreign businessmen to "obly abide by Chinese laws" when undertaking enterprises in China, and suggested that the government should supervise and manage foreign businesses. Such a request of the champion was immediately very unrealistic in front of Marshal Li's theory. If China revolutions completely and builds a country with clear sovereignty, independence and self-improvement, why should the foreign devils "observe Chinese laws" and why should the foreign devils obey the "supervision and management" of the government?

It can be seen that Zhang Qian and others are not opposed to borrowing foreign debt and using foreign capital. The key is to have the corresponding conditions and use them properly, which is reasonable, but foreigners have never been unreasonable about the weak China!

Only General Li, who has a fierce reputation, will be reasonable for foreigners. After thinking about this section, Li Pingshu rubbed his sore neck and said, "I will definitely persuade all the councillors and members to promote the merger of the Lianghu consortium and the Jiangsu and Zhejiang consortium!"

When Li Dashuai saw the appearance of Huang Jinrong next to him, he smiled again and said, "Boss Huang, the "three-piece set" is out of date. If you can trust my advice, let's have a good cooperation."

Marshal Li did not forget to follow his golden glory. As for whether the underground emperor in Shanghai refused or not, that was another thing. After hooking up with Li Pingshu, Li Marshal did not mind Huang Jinrong at all.

These good things about smashing pies in the sky obviously make Huang Jinrong still a little dizzy now. After sitting down and smoking for a long time, he is still a little trance.

"Why are you united with the Jiangsu and Zhejiang Consortium?" Narcissus asked Marshal Li strangely. I believe that even without the participation of the Jiangsu and Zhejiang consortium, the two lakes consortium will also become the first consortium in China, or even the first consortium in Asia!"

"China should revitalize industry, establish an independent national industrial system internally, resist imperialist economic aggression externally, and achieve the goal of enriching the country and strengthening the people. After all, the consortium of the two lakes is limited to the land of the two lakes, and the public debt cannot exceed the efforts of the people of the two lakes, otherwise it will cause the weakness of the economy of the two lakes. In my opinion, the capital obtained by the people every year must first ensure the simple reproduction of production and the need to expand reproduction. Only idle funds that are temporarily not put into the reproduction process, the so-called idle capital, can the state use public debt to absorb it. Otherwise, it will hinder the development of the national economy. In fact, the Jiangsu and Zhejiang consortium has a large amount of idle funds, and the southeast wealth is almost all under their control. Jiangsu and Zhejiang consortium has so many idle resources. Since it is a resource, why not use it to make Hankou the most dazzling pearl in China's inland? There are too many problems that must be considered for the development of Hankou in the future. First of all, grain and cotton are the foundation of people's livelihood, and cotton is an important raw material for industry. Therefore, vigorously developing grain and cotton, silkworm and tea forestry is fundamental to industrial development. While developing agriculture, we should also develop capitalist large-scale agricultural production, reform the self-sufficient small-scale peasant economy, encourage reclamation and pioneering, set up capitalist farms, adopt advanced production and planting technology, use mechanized farming, introduce scientific management methods, etc. At present, the national economy and people's livelihood are most urgently needed. Light industry processing industries, such as textiles, silk sizing, sugar, cigarettes, flour processing, oil pressing, papermaking, printing, ceramics, etc., should be vigorously developed, making full use of favorable conditions such as China's rich products and vast market, and driving the daily necessities and light industry products imported by Western powers out of the market... These investments are all borne by the two lakes consortium. Responsibility, is it possible?" Marshal Li laughed.

"Great Marshal Gao Jian!" A lot of flattery is like the flooding of the Yellow River, which is out of control.

I'm just plagiarizing the ideas of the sages. Marshal Li laughed treacherously.

"The Shanghai Business Federation hasn't officially agreed yet. Aren't you afraid that it's too early?" The more Narcissus can't stand the complacent appearance of Marshal Li.

"I agree!" Li Pingshu quickly said, "I will definitely let them agree!"

The narcissus blinked a pair of wonderful eyes and was speechless.

(There will be another update tonight, and it will be a little late. The recommendation vote has dropped sharply. I beg my brothers to vote more and collect more...)