Beiyang 1917

[Text] Chapter 190 [-] Oil is the Gold Mine

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On January 1918, 1, on the same day that Wang Geng was promoted to the tour envoy of Rechasui, US President Woodrow Wilson announced the 8-point agreement to end World War I.download

The [-]-point agreement of the US President is full of idealism. Its content includes: abolishing secret diplomacy, free sea navigation, abolishing tariff barriers, reducing armaments, establishing an international peace institution, the principle of national self-determination, a just solution to the colonial problem, allowing the Austro-Hungarian Empire Collaborate with the nations of the Ottoman Turkish Empire, establish a separate Poland with an outlet to the sea, and jointly ensure the political independence and territorial integrity of large and small countries.

The main countries of the Allied Powers had mixed opinions on the [-]-point agreement proposed by the President of the United States, but the Chinese government immediately responded positively, while countries such as Britain, France, Japan, and Italy were obviously somewhat half-hearted, and a large number of other small and medium-sized countries applauded Applause.

Another good news from January 1th is that the third well in Renqiu Oilfield successfully produced oil. The well depth is 8 meters. It is also a high-yield oil well. Japan's crude oil production has reached 3050 tons, or more than 1200 barrels. China has become a major oil country in Asia, and its annual oil output is expected to reach more than 4000 million tons.

For this reason, Wang Geng decided to import the fourth set of 50-ton annual refinery equipment from the United States, and at the same time transfer the third set of 50-ton oil refinery equipment originally scheduled to be used in Baotou to Renqiu Oilfield to establish Renqiu Oil Refinery No. 100 has increased the oil refining capacity of Renqiu, an energy base, to an annual output of 3 million tons. The entire installation and commissioning project is expected to be completed in early March.

At the same time, the participating troops started to build strategic oil reserves along the railway lines of the capital cities of the northern provinces, and began to transport and stockpile oil in advance in places such as Erlian and Qiqihar.

At the beginning of January 1918, the Nanyuan Automobile Factory of Zhonghua Fudao Automobile Company had assembled 1 Ford tt 200-ton multi-purpose vehicles and 1 Dodge one-and-a-half-ton trucks. On the streets of China, at the same time, the V200 and V6 engine production lines in the engine workshop have also been installed and debugged, and the first batch of 8 V50 and 6 V50 domestic car engines produced with imported raw materials have also completed trial production, and the quality standards are fully in line with American Ford and Dodge engine standard.

Zhonghua Rubber Company was also formally established before the end of last year. Originally, Fudao Company was looking for rubber tire suppliers in China and found a newly established rubber factory in Shanghai called Dazhonghua. The bosses were overseas Chinese Yu Zhiqing and rubber expert Xue Fuji. The scale of the factory is small, but the product quality and technical process are close to the world-class level, so Wang Geng made a decision and directly spent 20 yuan to acquire the Dazhong Rubber Factory.

On the basis of the acquired Dazhong Rubber Factory, Wang Geng established Zhonghua Rubber Company, increasing its capital and shares to 500 million yuan. Zhonghua Fudao Automobile Company holds 20 shares, the Ministry of Finance and the Ministry of Communications each hold 15 shares, Bank of China, Communications Banks each hold 10 shares, Citigroup and HSBC each hold 5 shares, China Charity Foundation holds 10 shares, President Yu Zhiqing and chief engineer Xue Fuji each hold 5 shares.

The Shanghai branch of Zhonghua Rubber Company is responsible for the production of Shuangqian brand rubber shoes, rickshaw tires and other products, while the Nanyuan branch factory specializes in the production of Shuangqian brand car tires and truck tires for the automobile production of Zhonghua Fudao Automobile Company.

According to Wang Geng's request, Zhonghua Fudao Motor Co., Ltd. planned to improve and design a military off-road vehicle based on the Ford Model T to replace the Ford Model T used as a command vehicle and reconnaissance vehicle in the participating troops.

In fact, military vehicles only began to appear in the late period of World War I. In the early days, whether it was the Allies or the Allies, civilian vehicles with wooden wheels and thin tires were used, whether it was trucks, cars, or ambulances.

The effect picture Wang Geng drew is almost a stripped-down version of the Hummer in the previous life. After all, most cars in this era still use wooden wheels and thin rubber tires. applications, even in American cars, only a small number of applications have just appeared

整个中华福道汽车公司南苑厂的产能，在一月底将达到月产道奇一吨半卡车300辆、福特tt多用途车300辆和福特t型车300辆，生产v6、v8引擎各500套的能力，毕竟配套设施和汽车产业工人的招募培养还需要时间。

And if all goes well, with the expansion of the factory scale and the deployment of assembly line equipment and human marshalling in half a year, the automobile production capacity of Nanyuan Automobile Factory will double again, reaching a monthly production of 600 Dodge trucks, and 600 Ford TT and T-model cars. Vehicles, each with a capacity of one thousand sets of v6 and v8 engines.

在1918年1月初福道公司生产的道奇和福特汽车其部件国产化率只有30，预计在半年后达到70，一年内达到90以上。

On the basis of the Nanyuan Aircraft Assembly and Repair Plant of the participating army, Wang Geng established the China Aircraft Manufacturing Company in early January with a registered capital of 1 million. 1000 each for banks, 20 each for China Charity Foundation, 10 each for HSBC and Citibank, and for the first time the Ministry of the Army took 10 shares, and 10 each for Wang Zhu and Bayuzao.

After Wang Geng established so many large enterprises, people gradually knew that this guy’s capital came from Manhattan Industrial Bank, which he controlled in the United States, and that all his domestic investments and his investment equity were donated to China Charity for free The foundation, the supervisor of participating in the war, has become the most extraordinary warlord and philanthropist in China in this era!

The capital that can participate in the companies founded by Wang Geng still belongs to the official capital and large bank consortia. For small and medium-sized investors, they will have the opportunity to share after these companies go public and issue shares. After all, in the early stage of the establishment of these companies, except Except for Sino-US Petroleum, China Insurance and China Airlines, other companies are still in the stage of spending money on investment and construction in the early stage, and they have to wait to make real profits.

The earliest and fastest profit is China Airlines, which has invested 36 Handley Page 0400 civilian aircraft in operation. The daily occupancy rate of each flight exceeds 98. There are only 500 tickets available for several routes a day at most. Based on the average ticket price of 60 yuan per ticket, the daily revenue is about 3 yuan.

The monthly operating income of China Airlines is about 90 yuan. There are 40 crew members including the pilots and co-pilots, mechanics, and radio operators of the 160 crews. The Airport Light Guard is a strengthened company that is used to guard the airport waiting hall, hangars, oil depots and airstrips. There are also nearly 60 ground mechanics at each airport.

The entire China Airlines in January 1918 had pilots, mechanics, ground staff and management personnel at 1 airports, and the total number reached 1600, not counting the airport’s garrison of nearly 2600. The labor cost is only 15.

此外36架汉德利.佩季飞机的租赁费用每年是36万，每个月3万。十三条航线每天双向对飞飞机燃油消耗则要6000加仑，这时代还是石油3美元一桶（42加仑）的时代，煤油的成本价格大概在0.20-0.25一加仑，汽油的成本价格在0.25-0.30每加仑。

For example, China Airlines’ Beijing-Shanghai route has an air distance of 1060 kilometers. Six planes and three flights fly in pairs every day, with a cumulative mileage of 6360 kilometers. The average fuel consumption of the twin-engine Eagle VIII engine is 40 liters per 670 kilometers. Just at [-] gallons.

Adding in other water, electricity, gas, airport maintenance and insurance costs, the monthly operating cost of China Airlines is about 30 yuan, while the monthly operating income is as high as 90 yuan, and the monthly gross profit is as high as 60 yuan.

In contrast, the output value of 28000 barrels of crude oil per day of Sino-American Petroleum Corporation has reached 16 yuan, which is much higher than the profit of China Airlines, and the monthly output value is as high as 500 million.Of course, China's current oil consumption is far from rising. The main oil used is kerosene for fuel and lighting, not gasoline for cars. On the contrary, the participating troops have become the largest oil users!

After China has established sufficient fuel reserves, Japan and Asian countries will be the main export targets of Sino-US oil in the future.