Chapter 52: Financial Group Adjustment (Second Update)

  Huadong Group's current scale has become increasingly larger, this time Jiang Yu found Zhou Ziyue and Chen Guangfu, mainly to discuss the division issue, as well as the issue of marching into the northwest.

  "As the group gets bigger, the target also gets bigger. Once a problem occurs in one link, it will affect the entire body. So we need to break up the group and not let the East China Group become too big. We'll set up several more groups with different names." Jiang Yu said to Zhou Ziyue, then turned to Chen Guangfu and said: "The banking sector is also like this, we still need to establish a few more banks to make it look like there's competition in the market."

  "Hmm! The goal is indeed getting bigger and bigger, once a problem occurs in a certain link, the masses may shift their anger to the entire group. If we hide the Huadong Group behind the scenes and divide an industry into several companies that appear to be competing with each other, it's safer, and the masses don't know that these companies are all owned by the same boss." Zhou Ziyue nodded in agreement with Jiang Yu's decision.

  The consortium must not be too high-profile, can be low-key as much as possible, and best hide in the dark.

  "The Huadong Group brand can still be used in the heavy industry, but it cannot continue to dominate other fields. How about this? Let's establish a Northwestern Group and advance into the northwest together with the Huadong Group." Jiang Yu thought for a moment before saying, "Also, have there been any problems with the group's development recently?"

  "In the industrial sector, there is no problem. Although there are not many skilled workers in the technical field, we can still hire a lot of skilled workers from Germany. We have entered a state of rapid expansion in the manufacturing of machinery, automobiles, motorcycles, agricultural machinery and shipbuilding, with a large amount of capital invested. The assembly lines for cars, motorcycles and agricultural machinery have already started mass production, and it won't take us many years to produce a large number of machines." Zhou Ziyue reported that he is good at management but not skilled in technology, which is also what he admires most about his boss.

  The boss is young in years but knows a lot of technology. The emergence of the assembly line will create an industrial miracle!

  And the improvement of electric welding and stamping technology has also made China's industrial production level among the best in the world, with the only shortcoming being a shortage of skilled workers.

  This huge industry was founded by Dongjia with his own hands. If he didn't have extraordinary abilities, how could he create such a legend?

  For the kindness of Dongjia, Zhou Ziyue has always been diligent and dedicated. With the current advantage of Huadong Group in monopolizing heavy industry, he operates various industries to form a huge complementary advantage.

  However, our goods still have many problems in circulation. For example, British goods are still very stubborn in the Yangtze River Valley. Although we have achieved some results through the establishment of local blockade policies, because there is no tariff, we cannot completely defeat foreign goods.

  "In that case, go find those Hongmen gangs and the ferry workers who transport goods, and tell them that whenever they encounter a foreign steamship, the transportation price should be increased by 20-30 times for me. Also, when transporting foreign goods, let the transportation workers also raise their prices. Whoever breaks this rule, let the gangs take care of it." Jiang Yu immediately came up with a countermeasure.

  No tariffs is no big deal, those cargo ships on the Yangtze River cannot dock without pilot guidance, it's like being imprisoned in the waterway.

  As long as the rules are established among the sailors and transport workers, whoever disobeys will be retaliated against by the gang. On the one hand, they were moved by emotions and enlightened by reason, educating those workers with national righteousness; on the other hand, they used armed force to coerce, whoever disobeys will be beaten and retaliated against.

  "That's a good idea." Zhou Ziyue couldn't help but applaud, and Jiang Yu smiled slightly. This kind of method was actually learned from Yuan Shikai, who had a lot of experience in dealing with foreigners.

  For example, when foreigners initially stipulated that China could not station troops in Tianjin, Yuan Shikai sent a large number of so-called "security police" to Tianjin. As a result, the foreigners had no choice but to withdraw their troops from Tianjin.

  There was also the notorious Twenty-One Demands of Japan, which were all resolved or restricted by Yuan Shikai. For example, when the Japanese demanded mixed residence with Chinese in certain areas, Yuan allowed the Japanese to live outside designated residential areas at their own risk, and so on. In the end, the Japanese made a big fuss but achieved very little.

  This is what they call "the top has a policy and the bottom has a countermeasure", using this set to deal with foreigners is the best way.

  "Of course, for the time being, we don't have to be so radical. First, let's raise the prices of coolies and transportation workers for foreigners by two or three times. When Europeans are at war and the British are powerless to look eastward, we will thoroughly reorganize the country, tidy up the mountains and rivers, and drive all foreign goods out of China."

  "This time, we will make the northwest our sphere of influence and launch a comprehensive campaign to take control of it. First, let's get the plans for railway and highway construction ready. We need to fully control the coal, iron ore and other important mineral resources in the northwest, as well as its oil, commodity grain bases, pastures, and finance! If we manage this well, the northwest will bring us enormous benefits." Jiang Yu instructed Zhou Ziyue and Chen Guangfu, "Especially since the northwest is crucial to our future war with Russia."

  "Master, hasn't the war with Russia ended yet?" Chen Guangpu asked in surprise.

  Jiang Yu said seriously: "Tannu Uriankhai has not been recovered, and the land occupied by Russia for hundreds of years has not been recovered either. Moreover, we must also seize Siberia from the Russians. It's just that the timing is not yet ripe, in about five or six years, Russia will erupt into civil unrest, at which time they will collapse like the Qing dynasty, and that will be our best opportunity to take action, so developing the northwest is of utmost importance."

  Chen Guangfu nodded, and couldn't help but think deeply. He found that Jiang Yu's plan was very long-term and also shocking. Snatching Siberia from the Russians, now it seems like taking food from a tiger's mouth.

  "The east house, the northwest has many ethnic minorities, and most of them make a living by herding. If we occupy the grasslands on a large scale in the northwest, I'm afraid it will cause some problems." Zhou Ziyue said worriedly.

  "This is simple, move all those herdsmen to the interior and turn them into workers. This way it's easier to manage them and also can prevent unrest in the northwest." Jiang Yu had already thought of a countermeasure, dealing with those ethnic minorities was very simple, they could learn from the Ming dynasty, wherever there was a rebellion, move them to other places, eventually assimilating all those ethnic minorities into the Han ethnicity.

  "But this way, it will also raise many questions."

  "It's time to be ruthless, although it will be chaotic for a while. Once this project is completed, the northwest will never have to worry about unrest again." Jiang Yu said lightly, but the determination in his words was enormous.

  "Besides, the timing for us to print our own paper money is also about right. Now everyone, even cats and dogs, are issuing their own banknotes everywhere. We can also issue our own paper money first." Jiang Yu said to Chen Guangfu.

  "The issuance of banknotes is almost ready." Chen Guangfu nodded, "At present, the Huadong Bank is mainly engaged in silver dollar minting, and now it can generate about 50 million yuan in revenue each year. Compared to the revenue from banknotes, it's still very low. However, our monetary system must adopt the gold standard, and it must be a gold exchange standard that only exchanges foreign currency for gold, but not domestic exchange. And with the trade deficit created by our current exports, we can maintain this system."

  The so-called gold exchange standard is an incomplete gold standard system, which does not exchange gold domestically but exchanges gold internationally. If exports exceed imports, then gold will not be lost, provided that domestic merchants do not withdraw capital.

  Under the current organizational discipline of Huadong Chamber of Commerce, the capital of national businessmen is not allowed to be withdrawn. Once there are signs of withdrawal, their assets will be frozen by the Administrative Office of Lianghuai.

  This gold coupon system emerged after World War I.

  At this time China had not yet established a gold standard and was often at a disadvantage.

  It's really time to establish the gold standard.

  After three people conspired for several hours, they determined many years of policy and route.

  Huadong Group then began to adjust and established a Northwest Group, which was absolutely controlled by Jiangyu. In the banking sector, the Northwest Development Bank and Huaxia Central Bank were also established.

  This so-called Huaxia Central Bank, those who don't know might really think it's a state-controlled central bank, but in fact it's privately controlled by Jiang Yu, and 100% controlled at that.

  The Huaxia Central Bank's responsibility is simple: printing banknotes.

  If credit currency is adopted in the future, a lot of banknotes can be printed, and money can be taken out of people's pockets in a hidden way.

  Northwest Development Bank is a bank mainly established in response to Northwest development, and its loan scope is mainly Northwest construction projects.

  —————————

  Many students responded that the progress was written too quickly, and the details were not deep enough. The appearances are too dense, and I'm afraid the book won't be long. In fact, Luo Yu didn't want to write too deeply, he just felt that there were already many books about the Republic of China, and it wasn't interesting to write those things so deeply.

  However, it will be properly strengthened and deeply described next.

  Also, classmates are still very powerful, this week rushed to the new list second, the first one is too against the sky, has already rushed to the click list, I guess it's not going to explode.

  ;