Chapter 814 The impact is not small
Telling Britain and France the truth that Yuanqi used subsidies to reduce prices to resist the low-price dumping of Britain and France? Yixin suddenly raised her head and looked at Ci'an behind the curtain. Yuanqi's move was not just for Yuanqi's selfish interests, but for the Qing Dynasty. It would be fine if the court was unable to help, but he was still thinking about stabbing the knife in the back? No wonder hen Sichen is not a blessing for the country!
Realizing that he was out of control, he lowered his head and said in a deep voice: "Return to the Empress Dowager, this matter is absolutely not allowed! There is no airtight wall in the world. Britain and France are willing to undertake railway construction projects in the southeast, so they may not be as tight as a bottle.
Once the news leaks, at the least, Yuanqi's newspapers are criticized by all the people, causing the court to lose the hearts of the people. At the worst, Yuanqi may raise troops to attack in anger!
Furthermore, Yi Jingzuo dares to tell us openly and honestly, so he is not worried about us leaking the news and protecting our own industries. This is understandable. Even if Britain and France know that it was Yuan Qi who did it deliberately? Besides, Britain and France want to undertake railway construction projects in the southeast, so Britain and France have sought Yuan Qi."
Ci'an behind the pearl curtain was silent for a while before slowly speaking: "Southeast has strong financial resources and is keen on building railways. Britain and France are interested. The two sides will definitely hit it off. Over time, the relationship will inevitably be close. In the future, Britain and France will inevitably be impartial between the court and Yuanqi..."
"The only thing the court can rely on Britain and France is to develop industry and prepare for the military industry system, and there is no other hope." Yi Xin said in a deep voice: "If the court and Yuanqi conflict broke out, Britain and France would definitely remain neutral. The cotton of the American Southern Alliance is indispensable to England. In the Civil War, will England not remain neutral?"
After a pause, he continued: "The court is in financial difficulties. To develop industry, we need to rely not only on Britain and France, but also on Yuanqi. There is a mature financial market in the southeast, which is conducive to raising funds..."
Ci'an sighed softly and said quietly: "The nine-year preparation period is less than half. How can the development of industry be achieved overnight?"
"The Empress Dowager doesn't need to worry about it." Yi Xin hurriedly said: "Even if the court implements constitutionalism, the royal family will definitely form a cabinet in the early stage, and the court has plenty of time to improve itself."
After hearing this, Ci'an was silent. Once the constitution was established, the imperial power would fall. So what if the royal family formed a cabinet? Yi Xin and Su Shun fought openly and secretly, wouldn't it be for the court to form a cabinet after the imperial government implemented constitutionalism? Yi Zhizu's move was really vicious and easily won over the two major forces in the court. Now they are all looking forward to constitutional establishment. Not to mention that he is a weak woman, even if the late emperor is still there, he cannot save the situation.
After sighing inwardly, she said softly: "Yuanqi canceled all subsidies to the court. Is it temporary, based on the emperor's uncle? Or will it be based on this reason and will never be restored from now on?"
"It is temporary to go back to the Empress Dowager," Yi Xin said confidently: "Yuan Qi's subsidy to the court, such as Northeast Mongolia immigration subsidy, river management subsidy, new school subsidy, port construction subsidy, disaster relief subsidy, etc. are all measures that Yuan Qi strongly supports and supports.
From the simple view of the minister, the cancellation of subsidies this time is not only because the subsidy price reduction consumes a huge amount of money, but also requires the support of Yuanqi's approval of subsidy price reduction, but also means to criticize the court. The court arbitrarily lowered Tianjin customs tariffs, and Yuanqi was very dissatisfied.
With my understanding of Yi Quasi, he will definitely not be too sluggish. He stated that he would subsidize the subsidies for the governance of the Yellow River and the promotion of new education through other methods, which is enough to show that this is only temporary. With my opinion, Yuan Qi will restore the subsidies at most one or two years. However, this move is very warning."
The warning is very meaningful! Ci'an's face was a little unnatural. Of course she knew that since Yuan Qi dared to break for one or two years, she would dare to cancel it from now on. It seems that it is better not to offend Yuan Qi. After pondering for a moment, she said: "Since that's the case, it's better to win over Yuan Qi. Just kneel down and rest assured."
The Qing Dynasty's price cut trend was fierce and fierce, so naturally some people were happy and some were worried. The consumers were naturally the ones who benefited, and foreign merchants suffered heavy losses. Faced with a 20% to 30% of the price cuts of domestic products, all foreign goods suffered a heavy blow, almost to the point where no one cared about them. The merchants who operated foreign goods were so anxious that they jumped straight.
In addition to merchants who operate foreign goods, some other small factories and workshops have also suffered huge blows, such as local cloth workshops, loom rooms in Jiangsu, Zhejiang, Fujian and Guangdong, textile factories, hardware factories, cigarette factories, glass factories, mining farms, etc., built by provinces, have suffered varying degrees of blows. Many people have closed down and a large number of workers have been unemployed.
Shanghai, Zhennan Wangfu, Changle Bookstore.
Yi Jingzuo looked through the stack of telegrams one by one with calm expression, all of which were complaints from prefectures and counties in various provinces. In recent years, under Yuan Qi's encouragement and guidance, many prefectures and counties have started businesses. With a wave of price cuts, all prefectures and counties have basically been impacted. Local officials have sent telegrams, called report, but in fact they complained.
Seeing Yi Zhizu put down the telegram in his hand, Zhao Liewen said: "How do the shopkeeper plan to compensate the industries of various prefectures and counties?"
"No compensation." Yi Zhizu said without hesitation: "They have made a lot of money over the years, and there is no need to compensate. Besides, as the saying goes, do not worry about poverty or inequality. The impacts suffered by prefectures and counties vary in their magnitude and the degree of losses vary. Once compensation is made, it is a troublesome."
Zhao Liewen thought about it for a while before saying: "But most of the real owners of each prefecture are shareholders of Yuanqi, and major factories provide subsidies..."
"It is precisely because of this that there is no compensation." Yi Zhizu said: "We have to let them know that Yuanqi can make money and also make them lose money. Otherwise, their pockets will be bulging and even the basic awe will be gone. Subsidizing large factories is a must."
Zhao Liewen smiled and said, "If they know the truth in the future, they may complain, which will hinder the reputation of the shopkeeper."
"Everyone is responsible for the rise and fall of a country. It is up to everyone in Yuanqi to resist Western economic aggression. As Yuanqi's shareholders, it is natural to lose some money. If you do business and do business, there is no way to make a profit without losing money." Yi Zhizu said uneasy: "European countries have experienced economic crises, and there are countless factories that have collapsed. What is the point of losing money?"
Zhao Liewen said cautiously: "It is reported that there are many businesses and local cloth workshops in various provinces, loom factories and mines closed down, and a large number of workers are unemployed..."
Yi Zhizu took out an exquisite lighter, lit a cigarette with a "knock" sound, and then said: "As the saying goes, "Charity does not control the army, but business is the same. Compared with the European economic crisis, this is nothing at all. If it is dumped at a low price by Western countries, the situation will be several times worse than now."
After a pause, he continued: "This wave of price cuts has stimulated the market's desire to buy, and there will inevitably be a sales trough next. It is also a good thing to reduce production at this time, otherwise we will also experience a serious surplus."
Before he finished speaking, Kong Jian'an and Jie Xiuyuan came in quickly. After bowing to the ceremony, Kong Jian'an said: "Big shopkeeper, the stock market has plummeted. Many bank money banks with speculative finance have suffered bank runs. They have been hit by the cotton trade before and are even more unbearable. Many bank money banks ask Yuanqi for help..."
"Is there any request for instructions? Of course it is a helping hand." Yi Zhizu said: "After the previous cleaning and rectification, a group of people with poor management and poor performance have been eliminated. Now, we must help and try our best to prevent financial turmoil."
Yuanqi Bank is the largest and most powerful in the Qing Dynasty. The semicolons are all over the prefectures and counties. Once financial turmoil occurs, the impact will naturally be the greatest. Kong Jian'an naturally understood this principle and immediately bowed and smiled: "The general account now has more than 20 shopkeepers, all of whom are anxious......"
Seeing that he was about to say goodbye, Jie Xiuyuan hurriedly said, "Wait." He said, looking at Yi Zhizu and said, "Big shopkeeper, these bank money shops can be cleaned up and rectified before, which shows that they are still valuable. Can you take this opportunity to redeem some?"
Yi Zhizu gently knocked the ashes and said, "What does Manager Kong think?"
After pondering for a while, Kong Jian'an said: "My subordinates think that Yuan Qi is already the largest bank in the Qing Dynasty, and there is no need to continue to annex."
"It is indeed no need to continue to annex." Yi Zhizuji said first: "We had to monopolize before because we wanted to quickly expand our scale. Now Yuanqi is the best, so we must be properly relaxed. A freely competitive financial market is more dynamic than a monopoly financial market." As he said that, he waved his hand and said, "Go and do it."
Kong Jian'an was waiting for the retreat, and Xie Xiuyuan said: "The big shopkeeper, will all goods in the trade of Japan, South China and Southeast Asia also be reduced in prices?"
"Correction first." Yi Zhizu said solemnly: "Although Southeast Asia has not yet been established, it has long been included in the territory of the Qing Dynasty. The two provinces of Southeast Asia have long been established. Both belong to domestic trade, which is different from trade with Japan. Although Japan is a vassal state, it has not been truly included in the territory of the Qing Dynasty. This is essentially different. Domestic trade is naturally treated equally, and trade with Japan is based on the previous prices."
"Big shopkeeper--." Zhao Liewen looked like he wanted to speak but stopped.
Yi Zhizu glanced at him, "What else does Huifu dare not say?"
"Students want to..." Zhao Liewen organized the language and quickly said: "This price cut trend will not have a small impact on Japan?"
Yi Shizu smiled, "At present, we need to assist the shogunate in Japan to stabilize its rule, and it is not advisable to disrupt or destroy Japan's economy."
As the few people were talking, Lin Meilian leaned her head at the door. When she saw Yi Zhizu, she reported to her: "The shopkeeper, the English Minister, and Waltson are here to visit."
After hearing that Waltson came to visit, Yi Zhizu was quite surprised. What did this guy come to Shanghai for? It would have been the court that revealed the fact that Yuanqi subsidies to boycott English-Geney's low-price dumping to the British. It was not right to think about it. Even so, the other party would not come to Shanghai to visit. The other party should be a sensible person, and it is impossible for such a thing to make any concessions.
After pondering for a moment, he ordered: "Please invite him to Chunhui Garden."
Seeing this situation, Jie Xiuyuan quickly took a tactful retreat. Zhao Liewen made great progress in English in recent years and went straight to meet him, thinking about the other party's purpose in his heart.
Yi Zhizu is not unfamiliar with Waltson. When he went to the capital to take office, he made a special trip to Shanghai to visit. In fact, it was not just the Minister of England. The Ministers of European countries in China would first visit Yi Zhizu, the Southeast King who controls the military, political, financial, economic and foreign trade in several Southeast provinces. This has become a convention.
At the entrance of Chunhui Garden, Waltson was greeted by Matthewst, the British Consul in Shanghai. After a polite greeting, several talents politely gave in to the living room and sat down. After talking about some irrelevant topics, Waltson tentatively said: "What is the reason why your country's stock market plummeted and prices fell?"
Yi Zhizu said: "Your country is the center of the world economy. If your country sneezes, it will rain all over the world."
"Your Highness is too exaggerated." Waltson smiled and said, "my country does have a certain impact on the world economy, but it is far from being so exaggerated. But your Highness, if you sneeze, it will rain the entire Qing Dynasty."
Yi Zhizuo smiled, "If I sneeze, it's just a few times in the southeast that it's raining."
The atmosphere of seeing was relaxed, and Waltson seized the opportunity: "my country is likely to face a large economic crisis. The domestic railway construction has been reduced by more than half, causing serious backlog. I heard that Yuanqi has a new railway project bidding...?"
Yuanqi has no railway project bidding at all this year. How could Yi Zhizu not be clear about this? He pondered for a moment and said: "I heard that your country and our country's court have reached a preliminary agreement to build the Beijing-Zhangjiakou Railway..."
"Your Highness is well-informed and should be clear that it is a railway with full loans." Waltson hurriedly said: "We would rather obtain railway projects from Yuanqi."
"In Yuanqi's plan, there are several railways that need to be built urgently, but what we need to solve is bridge construction." Yi Zhizu said slowly: "You are taking a train from the capital, and you are taking a train ferry in Jiangning."
Waltson shook his head slightly, "It is said that as far as I know, it is impossible to build such a large bridge in the world at present."
"I believe that this difficulty can be overcome." Yi Zhizu said: "Yuanqi is willing to hire all well-known European bridge engineers to Jiangning with our country's bridge engineers to try to build a bridge across the Yangtze River."
Waltson said without hesitation: "This is a very challenging bridge project. I believe that many bridge engineers in Europe will be willing to travel across the ocean to your country to participate in this great project."
Seeing that he agreed, Yi Zhizuo smiled and said, "Building a bridge with such a large span requires cement that can solidify underwater. Can your country develop it?"
Yi Xin mentioned the cement that can solidify underwater, but Waltson felt that it was simply whimsical and didn't take it seriously. Now that he heard Yi Shizuo mention it, he realized that it was necessary to build a bridge. He slowly shook his head and said, "I haven't heard of this kind of cement in China? Is there really such cement?"
Chapter completed!