The First Warlord of the Republic of China

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With the issuance of Yanhuang coins, people across the country still held a skeptical attitude towards this kind of banknotes at first. Is this legal currency reliable?

Some rural people with low education and little experience even tore Yanhuang coins in half to buy things, which became a joke in the issuance of Yanhuang coins.

In this regard, propagandists from all over the country explained the significance of Yanhuang coins to the common people by means of broadcasting and on-site publicity. [

"This is an exquisite currency, with the portraits of Emperor Yan and Huangdi on the front, and a Chinese watch representing Chinese culture. At the same time, the farmer who is plowing the land represents that China was an agricultural civilization in ancient times. And the harvester harvesting grain on the back , represents a huge social change of the Chinese nation, we will develop from an agricultural civilization to an industrial civilization. And those planes represent a huge military change in China. victorious military power."

"The currency value of Yanhuang coin is unquestionable. No matter which province it is in, those department stores, hotels, grain stores, car dealers and other stores can use it."

After publicity, the common people quickly accepted Yanhuang coins and fell in love with these exquisite new currencies.

Indeed, as advertised, this currency can be used.

During the promotion of Yanhuang coins, since Jiang Yu's consortium has monopolized many industries, all the industries of the consortium will receive Yanhuang coins.

And when collecting money, they always ask: "Do you have Yanhuang coins?"

As for the so-called whether those private stores and enterprises accept or not, as long as the consortium recognizes Yanhuang coins.They will then acknowledge and accept.

Therefore, Yanhuang coins spread rapidly.

These banknotes are much lighter than silver dollars. With the continuous development of the economy and more and more large transactions, people feel very inconvenient to use silver dollars.

First of all, there are too many versions of silver dollars. In the late Qing Dynasty, because of the high profit of casting silver coins, all provinces competed to cast silver dollars.

The silver coins made in each province have high and low silver content because there is no uniform standard.

After the Qing Dynasty was overthrown, Yuan Shikai cast Yuan Datou, and Sun Dapao also cast silver dollars, which were called "small heads". The king hates the sky.

These silver dollars are due to the difference in silver content.It is also very troublesome to calculate.

Later, due to the large-scale deployment of banks, the transactions became easier, but the banks were not distributed all over the country, and transactions in many areas were still very troublesome.

And not all transactions involve banks.Take a transaction of one or two hundred yuan as an example, the silver dollar is heavy enough, and it is troublesome to count.

If banknotes are used, not only is there no need to calculate the different silver content of silver dollars, but counting money is not so troublesome, and it is much more convenient to carry.

Yanhuang coins with a denomination of 100 yuan can be worth 200 silver dollars.

Under such circumstances, Yanhuang coins have become very popular, and even street vendors like to accept Yanhuang coins instead of fearing them like tigers.

Yanhuang coins represent the credit of Jiang Yu's 'warlord oligarch consortium'.It also represents China's national credit at this time.Its face value is naturally guaranteed, and the exchange rate is the exchange rate. [

In addition, at this time, no country has launched an exchange rate war against China. Although China's gold reserves are not large, there is no risk.

As orders from Europe continue to fly in, exports continue to grow.China's gold reserves are also constantly increasing, and Yanhuang coins become safer.

China Customs has also returned to the hands of the Chinese government, as the Chinese government has fully taken over the customs and readjusted personnel.Tariffs have also begun to adjust.

The import price of those raw materials was lowered, and the price of grain import was also lowered.The prices of those luxury goods, as well as machinery, automobiles, electrical appliances and other commodities have been adjusted very high.

At the same time, the grain export tariff was raised, while the export price of coal and ore was raised very high, and the export tariff of industrial products was also raised a little.

The reason for raising the export price of industrial products is because Europeans are fighting each other, and the profits of industrial products are relatively high, so the central government can levy more taxes, which will be lowered after the war is over.

Although the increase in central taxation will reduce the interests of the consortium, the central government has more places to spend money, and it still needs to continue to borrow from the consortium.

At the same time, many ethnic businessmen began to go abroad to invest in low-end industries such as mines, because China needed them.

At this time, China has become a sound country, the country has also been unified, and it already has capital to import raw materials.

At the same time, the East China Chamber of Commerce held an overseas investment conference under the auspices of Jiang Yu.

"With the currency reform, a large amount of domestic silver is actually useless, and we can't use so much silver for industrial use. And with the outbreak of World War I, the traditional commodities coal, steel, and textiles exported by Britain to overseas markets are all Some non-technical things. However, it is not cost-effective for us to export coal, and it is even more unrealistic to purely export steel. After all, our own steel is not enough now, and our oil reserves are not enough. Exporting only It will reduce our own oil reserves. The only way is to take out the silver and buy coal mines, iron mines, and oil around Southeast Asia, Australia, India, and the Middle East. And our assets in these areas have relatively high security , because the UK does not dare to do anything to our assets, even if the UK confiscates our assets, we can quickly call over and get back our investment. At the same time, another advantage of investing overseas is that it can be shared by barbarians The miner labor force in our country allows our country to allocate more manpower to build other infrastructure."

Jiang Yu pointed to the map and told the ethnic businessmen of the East China Chamber of Commerce that all the ethnic businessmen looked refreshed. This was the beginning of the collective expansion of Chinese capital.

The asset security referred to by Jiang Yu is guaranteed by force, which fully proves the truth that the army is the vanguard of the outward expansion of national capital.

If a nation's capital wants to expand outward, it must have enough force to support it, otherwise these assets will be wiped out at any time.

"That is to say, the scope of our next expansion is in Asia and Oceania, as much coal, iron ore, and oil as you can dig overseas, as much as the country needs, so you don't have to worry about sales."

Jiang Yu drew a circle on the map, and his words seemed to give reassurance to the ethnic businessmen present.

"Marshal, is it okay to invest in rubber in Nanyang?" A businessman asked Jiang Yu.

"Yes, the prospect of rubber is very good, but it will take a certain period of time to get a return." Jiang Yu nodded and said, "If you want to invest in rubber, you can find Nanyang Chinese to form a joint stock."

"But there is no problem with non-renewable or scarce raw materials."

"Marshal, the price of silver keeps rising. Isn't it worthwhile for us to spend all the silver?" Zhang Jian asked worriedly.

"The price of silver rose because of the war. Because countries restricted the export of gold, the gold that was originally used as the world's currency suddenly ceased to circulate. All parts of the world had to use silver, which was no longer used as currency, as currency again. But as long as the war Once it is over, silver will depreciate rapidly. Instead of keeping it in your hands to depreciate, it is better to spend it while it is valuable." Jiang Yu explained to Zhang Jian, "In the future, China will not only use silver for industry, but also make some jewelry. In addition to using silver, silver is no longer needed.”

"How much silver can the Chamber of Commerce use?" Zhu Baosan asked. [

"20 billion silver dollars can be used this month, and 120 billion silver dollars can be used within a year. At that time, you can borrow money when you are doing it. Huadong Group will also make large-scale investments overseas." Jiang Yu replied, and these silvers were exchanged by Jiang Yu for banknotes. Now, although it is no longer in circulation in China, it can still be circulated abroad.

This is the case with currency. If you don't admit its value, it is waste, but if you admit its value, it is wealth.

It is equivalent to saying that Jiang Yu can transfer nearly 150 billion silver to invest overseas if the domestic people have no losses.

Of course, this is it. When the First World War is over, the price of silver will plunge all the way.

Therefore, there is no need to lose the silver now, and keeping it in hand is waiting for depreciation.

As soon as banknotes are issued, national wealth doubles (only cash represented by silver).

Once the silver is used up, it has nothing to do with China whether it goes up or down in the future. As long as China keeps enough silver for industry, it doesn't need to look at the silver sky.

At that time, no matter how the Rothschild consortium and the international consortium speculate on silver, they will have nothing to do with China.

After all, the mainstream hard currency in the future world is still gold, and silver is still just an industrial raw material.

The doubling of national cash has also become Jiang Yu's confidence in importing raw materials from overseas.Many resources in China are not rich, such as iron ore and oil, which must be imported vigorously.

However, a number of domestic mines must be built, and a large amount of oil and iron ore must be hoarded to prevent the supply of raw materials from being cut off after the war.

At the same time, rare earth resources must also be sealed up. China's rare earth reserves rank first in the world, accounting for about 60%.In the future, the rare earths needed for China's industrial development will all be imported from abroad.

When the price is low, I import it hard, and then store a lot of it. When the gringos want to raise the price, I'm sorry, I won't buy it.

At that time, when people have formed such an output, wouldn't it mean that if no one buys it, they will stop working and lose money?

So it depends on who can spend who.

When all the rare earths in the world have been dug up, China's rare earths will be valuable. At that time, the price of rare earths will soar dozens of times. It will definitely choke the necks of other countries and increase the cost of their industrial development.

Under the organization of Jiang Yu, the East China Chamber of Commerce quickly determined its overseas investment strategy, and soon formed a wave of outward investment.