"Everyone, I want to announce a good news to you. The news I just received today is that the new batch of listed materials from the Shanghai Municipal Government has finally raised the price."

"Is that so good?"

"This shows that the Shanghai government can't stand it anymore and can only raise the price."

"Yes, it seems that we have a lot of hope to win this battle this time."

.............

After the discussions calmed down a little, Powell said again: "Of course, now we can only achieve a certain advantage, and we are still a little far from the final victory. Therefore, we must continue to work hard and not give the East China government any chance to breathe. On this battlefield, we completely overturn the East China government. I firmly believe that the final victory must belong to us."

After Powell finished speaking, he immediately won applause.

It turned out that at this time, Qingdao had transported three batches of materials to Shanghai in a row. In addition, the materials directly supported from Jiangsu, Anhui, Hubei and other places totaled more than 25,000 tons of rice, more than 15,000 pieces of cotton yarn, more than 80,000 pieces of cotton cloth, more than 6,000 tons of coal, and more than 160,000 pieces of small hardware. In addition, the Shanghai Municipal Government was listed for sale at a low price around the New Year's price index. However, once these materials arrived in Shanghai, they were all sold out by speculators represented by merchants from various countries. Some were not waiting for the listing. When they were at the dock, someone had bought them. Therefore, Shanghai's prices were still raised to a high level and could not be lowered.

After the new batch of materials arrived in Shanghai, the Shanghai Municipal Government finally did not insist on the original bottom price, but raised the price to a high level during the run of silver dollars, that is, the overall price index was around 2, while the price index of daily necessities such as rice, gauze, coal and other daily necessities reached around 3. Although this price is quite different from the price raised by speculators represented by merchants from various countries, it has been nearly doubled compared with the bottom price insisted by the Shanghai Municipal Government. In the eyes of various countries, this shows that the East China government has begun to be unsustainable, so it has to raise prices and increase the cost of countries continuing to rush to buy supplies and raising prices.

Although it was not certain that the East China government completely lost the economic war at this time, it was undoubtedly a shot of a booster for all countries. Moreover, merchants from all countries had invested a lot of money to rush to buy supplies, and they also needed good news to stimulate them. At the same time, Powell also needed to use this good news to increase his reputation, so he recruited Nanjing consuls from various countries to continue to cheer them up.

Powell then said: "But although the current situation is in our favor, I think it is still a distance from the complete failure of the East China Government. Therefore, at this time, the East China Government will even take some unconventional means, just like when the silver dollar is being run, but we must not relax, and we must not be scared by the unconventional means of the East China Government. We must stick to it and not give the East China Government any chance to breathe."

It turned out that in the past few days, Powell has also seriously reflected on the reasons for the failure of the silver dollar run. In addition to the East China government inciting veterans and local merchants in Shanghai to exchange paper money, another important reason is that after the companies involved in the silver dollar run were punished by the Shanghai Municipal Government, they also scared away many companies that planned to continue to follow. As a result, in the later stage of the silver dollar run, merchants from various countries did not dare to run the silver dollar run, allowing veterans and local merchants in Shanghai to deviate from the wind and eventually turn the tables. Therefore, when Powell reflected on it, he thought that if companies from various countries were not afraid of the punishment of the Shanghai Municipal Government and insisted on continuing to run the silver dollar, then the outcome of the battle was really unknown.

This time, countries have taken action again to rush to buy supplies and raise prices in Shanghai. Now the East China government is not able to do anything, so the Shanghai Municipal Government is likely to take some unconventional means to deter businessmen from various countries. Powell also needs to give everyone a shot first. This time, don’t be scared by the unconventional means of the Shanghai Municipal Government.

Clermondo said: "Your Excellency, but now many of our businessmen have reported to me that the funds have been in danger of breaking."

Powell nodded and said, "I have also thought about this problem. Funding is indeed the biggest problem we face, but we must overcome this problem. There are two solutions I want to solve. One is to recruit more merchants, and those from the surrounding areas of Shanghai will join in. The other is to lend to banks. Banks in our countries should give merchants more support in this regard."

When others heard this, they nodded and agreed. In European countries, it is common for investment to operate bank payments.

At this time, the US Consul Jackson said: "Everyone, our American banks can guarantee that they can provide preferential loan business to merchants from all countries."

Powell was very disdainful of the performance of the United States in this economic war. When the silver dollar ran, there were no few companies in the United States that ended. This was also one of the reasons why Powell reflected on the failure of the silver dollar run. If American companies invested a little more when the silver dollar run, the ending might be different. This time, the shopping for supplies and raising prices in Shanghai, there were several more American companies participating in the silver dollar run than when the silver dollar ran, but compared with Britain and France, as well as the United States' own economic strength, there were still too few. Of course, Powell knew that the American intention was nothing more than to preserve strength and hold the currency and wait and see. Before the end was unclear, he would never choose the side easily and not offend both ends. Now Jackson took the initiative to propose that American banks were willing to provide loans to various countries, so he would not bear risks when providing payments to various countries. At that time, he would just collect interest and would always be invincible.

Although Powell was very dissatisfied with the Americans' sleekness and fear of taking risks, countries do need loans from Bank of America now. After all, Bank of America's economic strength is still quite strong and can provide sufficient funds to countries. Therefore, it is impossible for Americans to win the economic war with all their might. So Powell nodded again and said, "Thank you very much for the support of the United States, so what are you waiting for?"

Subsequently, the price of rushing goods in Shanghai became more and more intense. Although the Shanghai Municipal Government nearly doubled the price, it still could not resist the rushing war in various countries. As soon as the materials arrived in Shanghai, they were immediately sold out. As soon as the materials were purchased, they were immediately sold at a price doubled, because at this time, many merchants did lend to banks and participated in the rushing goods to speculate on rushing goods, but the loans had to be repaid and interest had to be paid, and these expenses naturally had to be earned back from this speculation.

Of course, banks in various countries also provided many conveniences for merchants in various countries to reduce the loan procedures. The Bank of America has changed its previous low-keyness and provided the most loans. After all, it only provides loans, but does not participate in the rush to purchase and speculate on high prices, which is basically a business that is stable and profitable. This is also the warning of the US Consulate in Qingdao to American merchants. It does not approve of them for taking risks and is not responsible for the consequences of the consulate building. But some merchants can't stand it. Moreover, the momentum of rush to purchase at this time is fierce, and the price index of daily necessities such as rice, gauze, coal and other daily necessities has been raised to 6 or 7 times the normal price. Therefore, many American merchants also participated in it despite the warning of the consulate.

At the same time, in the areas around Shanghai, there are also a large number of foreign merchants. Chinese businessmen were attracted to Shanghai, and some Guangdong businessmen also rushed to participate. First, they wanted to take advantage of this opportunity to make a fortune; second, they also wanted to let the East China government take a slap.

What surprised all countries was that this time the Shanghai Municipal Government did not use any conventional means, but just transported various daily necessities to Shanghai in batches, which seemed to fill a bottomless pit in vain.

However, the attitude of the Shanghai Municipal Government this time was to make some local businessmen in Shanghai ready to move. After all, such speculation opportunities are very rare. The supplies bought from the Shanghai Municipal Government can immediately double at least, and the double price is about three times the normal price. This 300% profit is enough to make people take the risk to take a chance.

Although Sheng Xuanhuai, Zhang Jian and other Shanghai business leaders repeatedly warned other businessmen in Shanghai that at this time, they must calm down and not take action easily, because they acted against the government, otherwise the consequences would not be what they could afford, but there were still a few businessmen who made them dizzy and finally couldn't help but participate.

At this time, Zhao Weizhong did not leave Shanghai. On the one hand, he helped the Shanghai Municipal Government maintain it, and on the other hand, he also planned to see the final result of this economic war. However, his relationship with the East China Government is different after all, and now he has a relative relationship. Therefore, he also knows a lot of internal news and sees the progress of the economic war more clearly than others. Seeing that some local businessmen in Shanghai are dying, they finally couldn't help but participate. Zhao Weizhong could only sigh, this is called "God's sin," and "I forgive myself, but I can't live."

Of course, Zhao Weizhong was not worried about others, but only worried that the Han family would be confused again this time. Last time the Han family participated in the silver dollar run, he could still find a way to do it, but if he participated again this time, he would not be able to save the Han family. Therefore, Zhao Weizhong took Han Yuping and visited the Han family again, and warned Han Tingping again, "Don't go to this muddy water, otherwise if something happens, he will not be responsible." Han Yuping said that if the Han family does not listen to the advice this time and participates in it again, he will completely cut off relations with the Han family, so as not to be implicated by the Han family.

It should be said that Zhao Weizhong's warning came very much, because at this time the Han family's juniors were indeed a little ready to move. After all, in their opinion, the opportunity to make a fortune is right in front of them. This is an opportunity that cannot be missed and will never come again. Han Tingping was also a little moved by his sons and nephews. If it weren't for Zhao Weizhong's warning, he might have taken action.
Chapter completed!