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The reason why the Fengtian faction dares to challenge Japan is that the improvement of equipment and the ability to expand military power due to the rise of economic strength are important factors. In addition, because financial and economic policies and land policies are in place, the lives of ordinary people have become better. This is the reason for the stability of the People's Party's regime in the Northeast. Mass Basis.
Since military actions are subject to various constraints, it is very desirable to defeat the Feng clique economically. The key is that the Feng Clan has now formed a huge industrial chain, and its military production is also large-scale. It will be difficult to fundamentally defeat it.
The Japanese government is increasingly aware that the Fengzhi government is a stumbling block in its pursuit of economic interests in China: the amount of grain produced in Northeast China alone in the past year is enough to feed North China, Northeast China and other places, thus cutting off Japan's domestic export of rice. Opportunities - the price of rice in the Northeast is much lower than that in the country. Now in many places in Japan, due to high food prices, many trading companies import large quantities of rice from the Northeast and sell it at high prices. The government is indifferent to this. ask.
The same goes for raw materials: Northeast China is rich in coal and iron resources. The key is to increase the supporting industrial processing capacity. Some products related to the national economy and people's livelihood can be produced in the three northeastern provinces, Tianjin, Rehe and other places. This is objectively This eliminates the possibility of Japan getting out of the crisis by dumping goods.
Without a huge consumer market like China, it will take more time for Japan to pull itself out of the quagmire of the economic crisis.
For a country, controlling imports and increasing exports are the only ways to increase foreign exchange earnings. It is relatively difficult for Japan to export to China, especially Northeast and North China, because there are a large number of industrial groups in the Feng clan that have formed monopolies, and there is no way out unless they are defeated; while exporting to the interior of China is difficult to achieve scale due to inconvenient transportation.
"Control imports. Apart from grain and mineral materials, China currently has nothing to export to Japan. China has lagged behind for decades and now mainly meets domestic demand, and its output is self-supporting.
Japan cannot enter or go deeper into the huge Chinese market. When China becomes saturated and stands on the same starting line as Japan, it will be Japan¡¯s nightmare.
So we must defeat the Feng system. And to overthrow the Feng clique, we must overthrow him economically. The most likely economic problem for the Feng Clan is the large-scale expiration of its treasury bills and food stamps.
Originally, only 60 million treasury bills with a term of one, two, or three years were issued at the end of 1918. Because it was the first time, and the public's recognition of it was not high, they were forced to "buy" it for one year. period.
By the end of 1919, the Northeast Autonomous Government returned the cash in full and fully paid the interest at the agreed value of 5%, which made the people feel reassured. When Treasury bills were issued again, there was a small-scale rush to buy them. In this way, the issuance amount of 150 million at the end of 1919 was still sold out.
Of course, at this time, everyone still chose the one-year term-it is relatively safer.
240 million was issued at the end of 1920 and 360 million was issued at the end of 1921
It¡¯s time for a new round of issuance. How much is better? Since the government's credit is very strong, some families who have accumulated a small amount of money still invest their money in treasury bills. Many people exchange them first and then buy a new issue. Therefore, the government does not need to keep so much spare money in its hands. Instead, it should keep a small amount for turnover purposes, and the rest should be invested in expanding reproduction or industrial, agricultural, and transportation construction.
By the end of 1922, it is planned to put 500 million into the market, and it will be put on the market one after another after September.
??Also in September, the Japanese Manchurian Railway Company, the Consul in Shenyang, and the Kanto Civil Affairs Department jointly negotiated with Zhang Zuolin about the redemption of industrial and mining forest land near Manchurian Railway.
Zhang Zuolin's old friend Shigeru Yoshida said sincerely: "Marshuai Zhang, you know that the domestic economic situation of the Empire of Japan has not been optimistic for two consecutive years. Many of our companies and banks have collapsed. The government is trying to save them. I have been ordered to raise funds accordingly." Capital returned to China to tide over this crisis."
This situation has been verified by Zhang Hanqing through the personnel of the Central Investigation Department of the People¡¯s Party in Japan and the Chinese Embassy and Consulate in Japan. The reason why it is said to be verification is that Zhang Hanqing once learned about Japan's economic depression in the 1920s in history.
In 1920, marked by the collapse of stock prices on the Tokyo and Osaka stock exchanges, Japan's postwar economic crisis began. During the crisis, instead of carrying out a thorough rectification of the financial sector, the government implemented an overly large relief policy and an irresponsible proactive fiscal policy. Starting from February 1920, the amount of loans of Tokyo-Osaka Bank began to exceed the amount of deposits, and it showed a trend of increasing month by month.
Although the government has saved a number of companies that were on the verge of bankruptcy, it has also laid hidden dangers for the future development of the Japanese economy. Moreover, the domestic price level is much higher than the international price level, resulting in? to make a deal. "
Zhang Hanqing smiled and said: "I want Han Yeping's Japanese shares."
This is a try.
Hanyeping is Japan's bridgehead in central China. It not only has huge economic interests, but also controls the coal and iron necessary for Chinese industry. If it agrees, it will of course be a huge benefit to the Fengtian faction; if it disagrees, the Fengtian faction will not lose anything, and it can also block Yoshida Shigeru's mouth. The incident happened suddenly, and I didn't understand what the Japanese wanted to do. Before, he didn't dare to agree to anything rashly.
Shigeru Yoshida thought for a while and said: "This issue involves a wide range of issues. I need to communicate with the relevant companies and cannot reply to you immediately. You know, I can only represent the government, and the specific tasks are still decided by the companies involved. But I believe that as long as the price is right, your requirements can be met." (Remember the website address: www.hlnovel.com