Water Margin farming to become powerful

Chapter 496 Prepare for War Sun Xin Issues Public Bonds

Dengzhou, Sunjiazhuang, with the development of the supervisory committee, it has definitely become the center of the entire Dengzhou.

In Sun Xin's previous life, Qingdao was originally within the urban area, but now it's just a thousand years ahead of time.

At this time, Sunjiazhuang was already crowded with people, just because the atmosphere of war was getting stronger and stronger, and the recent Supervisory Committee was also constantly sending various documents to various places in Shandong.

From the propaganda instructions to the bankers of the Supervisory Committee, the arrangement of the militia squad of the reserve force, to the special expenditures of the Bank of the Supervisory Committee, the mobilization of the army is all proceeding in an orderly manner.

At this time, in the school field under Dengyun Mountain, Sun Xin was speaking on a high platform to more than 1000 supervisory committee officers and soldiers.

In this era without loudspeakers, even if Sun Xin held a loudspeaker made of a large iron tube in his hand and shouted hoarsely, his voice could only be heard within a range of no more than a few hundred people in front of him.

But even so, the well-trained trainees of the Supervisory Council Military Academy still stood motionless, with solemn expressions, and there was no sound from the audience, trying to make the voice of the leader spread farther.

Even at the far side, they could not hear anything, but the well-trained students also paid attention to Sun Xin who was speaking hoarsely on the stage.

After the swearing-in meeting, Sun Xin handed over the flag of the student corps to Lu Zhishen.

Lu Zhishen was still wearing a monk's robe. Even after working in the supervisory committee for so long, he had no intention of returning to vulgarity. Anyway, eating meat and drinking would not delay him, so it was no different to him.

Today, in order to compromise with the army, his monk robe was changed into the khaki color of the supervisory council uniform, which doesn't look too conspicuous.

Lu Zhishen took the flag and waved it. This time, as the head of the Supervisory Committee University, he also wanted to lead troops into battle. The main task was to lead the students to form a model regiment and participate in the frontline battles as mobile artillery.

Firstly, it was for training troops, and secondly, it was also for the practice of artillery tactics. Since the establishment of the Supervisory Committee, it has been fighting cheap wars. In the battle of real swords, real guns, hard bridges and hard horses, how to use artillery in the battle of hard horses has been theoretically conceived, but The actual implementation still requires a lot of observation. The first choice for the corps that can implement standard artillery tactics is these cadet soldiers who have undergone at least one year of training. Let Lu Zhishen, the person who is mainly in charge of artillery tactics in the supervisory committee, take them with him, and it is also convenient for him to observe. and study.

After this battle, theoretically speaking, the supervisory committee should be able to learn how to fight.

After awarding Lu Zhishen with the flag of the Artillery Teaching Regiment, Sun Xin had no time to stay.

He hurriedly got into the carriage, left the teaching ground under Dengyun Mountain, and returned to Sunjiaji. After getting off the car, Sun Xin went directly into the meeting room of the supervisory board. The round table was already ready to get off. In his position, after Sun Xin sat down, Jiang Jing, who was in charge of the Bank of the Supervisory Committee, began to introduce to everyone what the Bank of the Supervisory Committee would do in the next stage.

"The bills for the war bonds have already been shipped to the various banks that will pick you up. Now the amount of our first issue is 50 coins..."

Although the finances before the supervisory meeting were still sufficient, and the various supervisory councils also had sufficient reserves of money and food, it was different when the war was fought.

In theory, the money and food stored by each supervisory committee belong to all the farmers after all. Sun Xin and the others wanted to use the previous method to embezzle the money by issuing special loans through the supervisory remittance bank. Large-scale capital operations, even the Bank of the Supervisory Committee, can't bear it. Taking too much money will directly cause problems in the normal operation of the bank.

To truly deploy resources on a large scale during the war, Sun Xin finally decided after some deliberation that he still needed to issue bonds.

Sun Xin and Jiang Jing talked about the idea of ​​the war bond, and Le He and others discussed it for more than half a month, and finally formed a proposal.

Sun Xin took the proposal and looked at it carefully. After Jiang Jing introduced to everyone what public debt is, he put down the paperwork to see the faces of the people around him.

I saw some hesitation on everyone's face.

Sun Xin said to the big guys: "The dividend of our short-term government bonds within six months has been paid to [-]%, which is comparable to the debts on the market. It is much more reliable to lend money to those private banks..."

Everyone's faces are still not very good-looking.

Interest is too low.

Everyone is not a person who lives in a high-level courtyard, and each of them has to do something. In fact, we still have some ideas about the situation of issuing bonds in the market.

People in these days are generally poor. Even though Shandong has some surplus food at home due to the arrival of the supervisory committee in the past two years, it is generally enough to fill their stomachs. It is really hard to say how much cash income is used to participate in borrowing.

Whether it is money or food, people usually have little savings at home, so when they want to borrow money, the market situation is that the supply of funds is in short supply, and the interest rate of the loan will naturally rise.

The market loan interest rate in this era is not as high as that of Sun Xin’s previous life. The [-]% interest rate that Sun Xin mentioned in half a year is actually a small loan in the bank, and he really wants to borrow usury on the market. If so, how can there be such a good number?
At this time, the Supervision Council stipulates that the interest rate should not be too high, but it is limited to 30.00% at most, and [-]% interest is charged a year. This is already a small loan on the surface, and the real usury is based on Half the profit goes, otherwise, how would those old landlords make money in the past?
The only advantage of this bond of the Supervisory Committee is that it is relatively stable. After buying it with money, most people can cash it out, provided that the Supervisory Committee can win Da Song.

Sun Xin saw that everyone was evasive, even the three wives present did not look at him, and understood that all departments felt a little difficult about this debt issuance.

"Why do you all feel that you have no idea?" Sun Xin said with a half-smile, and everyone looked at each other. No one spoke, and they all looked at Lehe.

Lehe, who is in his 40s, has aged visibly after taking charge of the supervisory committee for a few years, with bags under his eyes drooping out, and he is no longer in the mood of visiting brothels and brothels in the past. Now he is too busy with work every day.

Seeing Sun Xin looking over, he was also a bachelor, nodded and said, "There is no bottom line."

Sun Xin was speechless for a moment, and everyone laughed.

Everyone is a start-up team, and they are all very familiar with each other. A few years ago, they rolled up their arms and sleeves together to farm in Sunjiazhuang. Naturally, there is not so much estrangement when talking.

Lehe's words made the atmosphere a little more relaxed, and Sun Xin had to give in. After thinking for a while, he said to Jiang Jing: "Make another draft and reduce the amount of funds raised by issuing public bonds, but the minimum should not be lower than Thirty percent, the issuance of public bonds must be tried this time.”

"Our future battles will only become more and more difficult. If we can't even issue public debt this time, we won't even have to mention debt issuance in bigger and more difficult battles in the future."

After Sun Xin backed down, he made another decision and set the tone. Everyone knew that it was impossible to say anything more, so Jiang Jing quickly nodded and wrote it down.

(End of this chapter)

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