Chapter 41: Overlord Terms

This time, the mutual zero tariff policy with the United States can be divided into three levels of competition. The smallest level is the three autonomous provinces of East China, the middle level is China, and the highest level is the US market.

Xia Jun’s strategy is to keep the small ones first. The markets of the three autonomous provinces of East China must be fully guaranteed. Foreign goods cannot gain advantages in the three autonomous provinces of East China. This is also the best control of the market of his own territory.

And the Chinese market is still a problem in j-connection.

Except for the railways in Shanghai that can be connected to Nanjing, the railways in Pukou (opposite Nanjing) can be connected to outside Beijing, and there are no railways in other provinces.

Of course, according to history, the Beijing-Feng Railway will be opened to traffic this year. This is a railway built by the Japanese without authorization. It is obviously intended to use the three eastern provinces as a springboard to prepare for the future invasion of China.

In addition to the railway, there is no railway or highway. The condition of the official road is not very good. Trucks can run on it, but the situation of J-Tun is very bad.

In terms of waterways, you can enter the Yangtze River waterway from Shanghai, transport goods from the Yangtze River waterway into the Yangtze River Basin, and of course you can also enter the Yangtze River from the Poyang Lake Wharf. This is also a good channel.

However, this is limited to the Yangtze River Basin, and the market does not cover very comprehensively.

In contemporary China, there are few railways, namely the Jingpu Railway, the Jinghan Railway, the Guangdong-Hankou Railway, the Sichuan-Hankou Railway, the Longhai Railway, the Jingtu Railway, and the Yunnan-Vietna Railway in Yunnan, and the South Manchuria Railway in the northeast, and the Middle East Railway.

Xia Jun must have his own cross-provincial railway to form a railway that can transfer goods to the vast China. Xia Jun looked at the current railway pattern for a long time and finally drew several lines on the map.

Soon Xia Jun called Xu Wenbo, Minister of Construction, and pointed to the map and said to him: "We will start exploring these routes soon. We will build a railway from Fujian to Guangdong, and build a railway from Shaowu, Fujian to Nanchang, then build down from Nanchang to Guangdong, then build northwest to Wuchang, and build a railway from Hangzhou to Nanjing."

Xu Wenbo looked at the map for a while and said to Xia Jun: "Chairman, isn't there a Shanghai-Nanjing Railway in Shanghai to Nanjing? We just need to build the railway from Hangzhou to Shanghai."

"Anyway, this route is not very long, so we don't need to use railways controlled by foreigners. As for those routes that are long, there is nothing we can do about it." Xia Jun said to Xu Wenbo.

"I understand." Xu Wenbo nodded after hearing this.

"After these railways are built, our goods can be transported from Fujian to Guangdong, and then from Guangdong along the Guangdong-Hankou Railway to Wuchang. Or directly transport goods to Wuchang from Wuchang, and directly control the market in the Yangtze River Basin from 6 to 6." Xia Jun said that the Yangtze River Basin is also the main market opened by foreigners in China.

Before these railways were repaired, the commodities from the three East China Autonomous Provinces had to take the Shanghai-Nanjing Railway to transport the commodities to Nanjing, and then shipped across the Yangtze River, then transported from Pukou to Xuzhou, and from Xuzhou to Longhai Railway, then transported from Longhai Railway to Kaifeng, Luoyang, and then transferred to the Jing-Hanzhou Railway to Wuchang. The whole process was extremely troublesome, and the freight was much higher than that of the waterway, which was naturally extremely unprofitable.

There is no need to pay for government money to build railways. In this regard, Li Shengguo is opening East China Bank to Jiangsu, Guangdong, Wuchang, Hankou, Beijing and other places.

Every time a bank is opened, the East China Autonomous Government will inform the local government, saying that this is a bank under the jurisdiction of the East China Autonomous Government. It means that with the support of our East China Autonomous Government, no matter who dares to be blind, don’t blame us for being rude.

Jiangsu Governor Cheng Quande was the most aware of his feelings. He arranged special guards to stand guard outside the bank every day. Li Yuanhong was also very polite and opened branches in Hankou and Wuchang to take special care of East China Bank. Naturally, Yuan Shikai did not dare to come, so East China Bank was able to spread to the whole country.

Opening an account in a corner, smiling forever, serving the public is the purpose of East China Bank.

One dime can open an account with just one dime, and you can withdraw all deposits and get them all in one dime. This is an innovation in this era. In this era, banks cannot open an account with just one dime. However, East China Bank will open an account with you for just one dime. When facing customers, the bank salesperson will definitely greet you with a smile.

On the day the opening of the East China Bank Shanghai Branch, a British man went to East China Bank and took out 100 yuan of Revival Coins, asking the East China Bank salesperson to open a thousand accounts for him.

As a result, the bank manager opened a special counter for him next to the counter, and asked the salesperson to open an account for him one by one. The whole process was a smile and a cup of black tea with sugar, which forced the British to admire him.

It is precisely because of this innovation that East China Bank's business is very popular. People who did not have the conditions to open an account in the bank before have deposited their money into East China Bank.

Although these ordinary people don’t have much money, they are quite considerable together.

Such a policy has been implemented in Fujian, and East China Bank exists in every county and some larger townships in Fujian.

East China Bank is growing into a behemoth. Branches in counties in Zhejiang and Jiangxi provinces have been opened one after another, while other provinces are opened in important cities. East China University School of Business has also trained a large number of management talents for East China Bank.

East China Bank has absorbed nearly 300 million yuan in deposits, and the amount is still rising. East China Bank has kept 15% of these deposits as deposit reserves, while the other 85% have been taken out for investment and lending.

Going to East China Bank to get loans is strict and loose. For those unfamiliar industrialists, East China Bank is very cautious in loans. Generally, it is necessary to find out whether its company is standardized and evaluate the industry situation involved in the company to release the loan.

For example, when a certain industry is already seriously overcapacity, if a newly opened company wants to involve this industry, East China Bank will never take loans.

The loose policy is that as long as those companies with standardized business come to borrow money, they can basically get funds quickly, and there is no rebate, and the interest rate is not too high.

Under such criteria, it is generally impossible to lose money because most of the industries involved in those companies that can get loans have room for development, and the East China Autonomous Government will also provide some technical support, and the companies that can get loans are relatively standardized in their operations.

East China Bank invested 50% of its funds into railways, and the railway networks in Zhejiang, Jiangxi and Fujian provinces have begun to be built.

Most of the things needed by these railways are produced by themselves, thus driving the development of industries such as steel, while East China Bank has basically no risks.

There are serious shortages of railways at present. Once these railways are opened, they will definitely not even be able to transport goods, and the investment on the railway will definitely be able to recover the cost.

However, there are many people who want to borrow money recently. They want to build railways here and loans there. Li Shengguo felt that the funds were not enough, so he called Xia Jun that day and told him that he would adjust the deposit reserve ratio.

"How much do you want to transfer?" Xia Jun asked Li Shengguo.

"Continue to lower the reduction by 5%, that is, 10%. "Li Shengguo said. Xia Jun was shocked when he heard this and asked: "What if there is such a low savings, what if there is a run?"

"Brother-in-law, isn't you supported me? Then someone will run the money, so you can get some money from there and get some money to deal with it." Li Shengguo said indifferently.

"..." Xia Jun was speechless, but it would work if he thought about it. When it was time to run, wouldn't it be better to print money and help him directly.

Moreover, no one is so stupid that he challenged East China Bank. Public opinion is even controlled by East China Autonomous Government. It is basically impossible to spread any rumors. The integrity of East China Autonomous Government is obviously relatively high. When the time comes to refute the rumors, no one will follow the trend.

"Okay! Then lower it!" Xia Jun approved.

"Then I'll use it to lend money." Li Shengguo said with a smile.

...

Lin Debao's agricultural reclamation company has been ready to go recently because he had just borrowed 20 million yuan from East China Bank and was ready to go to Jiangsu for inspection.

Jiangsu has a lot of dry land, and cotton grows in dry land.

Lin Debao, who is familiar with the policy, knew that the East China Autonomous Government needed cotton at this time, and when he was the Minister of Agriculture, Lin Debao knew that Xia Jun had high-yield cotton in his hands.

Furthermore, at this time, the East China Autonomous Government did not produce any cotton. Although there were nearly one million mu of land in Jiangxi that could plant cotton, this yield was obviously not enough.

Therefore, at this time, the agricultural reclamation company needs to come forward and rent land to grow cotton in other provinces.

After getting the loan, Lin Debao naturally understood where the money should be used to be the most in line with the policy. If he rents land to grow cotton in Jiangxi, it will restrain the funds of the agricultural reclamation company. This land can allow landlords and self-cultivated farmers to grow cotton by themselves and concentrate the funds to rent land in other provinces to be the most in line with the policy.

Sure enough, shortly after getting the loan, Xia Jun called Lin Debao and asked him to rent land to grow cotton in Jiangsu.

In Lin Debao's agricultural reclamation company, his shares account for 40%, Xia Jun's shares account for 30%, and Liu Jinshan has 30% of shares among them.

After discussing with Lin Debao on the phone, Xia Jun sent a telegram to Jiangsu Governor Cheng Quande, asking him to cooperate with the land renting of the "Huasheng Agricultural Reclamation Company" established by Lin Debao.

In the activities in Jiangsu, Cheng Quande naturally needed the cooperation of the local governor. Cheng Quande received a telegram but secretly complained. The agricultural reclamation company rented land and said hello, indicating that the agricultural reclamation company has a background in East China Autonomous Political Consultative Affairs. How strong is the cooperation?

In fact, Cheng Quande's original plan was vain. The revolutionaries were not strong enough at all. The president gave up. It was obviously impossible to compete with the East China Autonomous Politics.

At this time, Cheng Quande could only try his best to be obedient, and then called the East China Autonomous Government to inquire about how to cooperate.

"The land selected by Huasheng Agricultural Reclamation Company will be re-leased by tenants, and those who are no longer rented will also be rented." Xia Jun gave a very domineering reply.

It means that all the land leased by the landlords will be invalidated and will be rented to Huasheng Agricultural Reclamation Company. All the lands owned by the self-cultivated farmers and self-operated landlords will be rented to Huasheng Agricultural Reclamation Company.

When Cheng Quande received the telegram, he cursed in his heart, "Isn't this a bully clause?" One bad thing is to arouse public anger.

———
Chapter completed!