Eight hundred and eighty-eighth chapter gold speculation
The "Black Friday" that Yi Zhizu remembers is a famous gold speculation case in American history. Two bold speculators used loopholes in parallel circulation of gold and green-backed paper money to monopolize the price of gold. Although it ultimately failed, it caused extremely serious impacts and extremely bad consequences. The panic in the gold market triggered a serious stock market crash, causing the American economy to enter a period of depression, a period of six years.
Although he has a good relationship with the United States, Yi Zhizu did not intend to remind the federal government. On the contrary, he did not mind taking advantage of the situation. Making money is second. The economic depression in the United States undoubtedly provides a good opportunity for the rapidly rising Qing Dynasty.
Another more important thing is that the Civil War prompted the rapid prosperity of the US financial market. Wall Street in New York has become the world's second largest capital market after the City of London. It has become a strong competitor to Shanghai's Bund Financial Street. The depression of Wall Street is undoubtedly a good opportunity for the rise of the Bund!
In the drizzle, Su Shun, who looked a little gloomy, walked slowly into the gate of Zhennan Prince's Mansion with a black cloth umbrella in one hand and carried a robe in the other. The capital had spread. The candidate for the first cabinet prime minister had been decided. It was Gong Yi. He didn't know where the wind came from, but there was no wind and waves. When he came to Shanghai this time, he wanted to confirm in person.
Yi Zhizu stood on the steps outside the study as always to greet him. After being in front of Sushun, he smiled and said, "Brother Yuting has been running hard these days."
Su Shun, who had already changed his smile, bowed and said, "Brother Guocheng is calm, so there is no need to travel back and forth like this. The disadvantage is that there is a railway, otherwise you must stay in Shanghai for a long time."
Yi Zhizu smiled and said, "Come for the purpose of stationing troops in Tianjin?"
Su Shun nodded and said, "Brother Guocheng is too cautious?"
"It's not okay to be cautious. I haven't implemented constitutionalism for a day, so I dare not relax for a day." Yi Zhizu said while giving in. "I must not blame me for this matter. Who asked the court to buy such a large number of arms?"
After entering the house and sitting down, Su Shun said: "One time and another time, now the Empress Dowager is determined to promote constitutionalism. The Yuan Qi army entered Tianjin, which is not helpful to promote the implementation of constitutionalism. Instead, it has made the atmosphere in Beijing and Tianjin tense, which has only aroused suspicion from the government and the country."
Yi Zhizu glanced at him and said, "I just said that I can't blame me for this."
"Even if the Xujun establishes a constitution, he will keep some face for the emperor and the empress dowager." Sushun smiled and said, "The Yuanqi army stationed in Tianjin is like forcing the court to implement constitutionalism. It is shocking and showing that his attitude is enough."
This is really not considered by Yixiu. Indeed, although the emperor has no real power, he is still a symbol of the country. The spiritual leader of the people still retains the dignity he should have. He pondered a little, and then said: "It is okay to withdraw troops, and the arms that the British have not delivered are handed over to Yuanqi."
This is not impossible. Su Shun hesitated and said, "Where is the silver?"
"Silver?" Yi Zhizu gave him a blank look, "Yuanqi is just keeping it for the sake of custody. It would be good if he didn't ask for the custody fee. He still expects Yuanqi to pay the arms fee?"
Su Shun smiled wryly and said, "You are not unaware of the situation in the court, Brother Guocheng... Besides, I have to give the court a step forward."
"Don't cry with me as poor." Yi Zhizu said angrily: "Yuanqi's funds are also tight, and he is about to immigrate to Japan on a large scale."
After hearing this, Su Shun smiled and said, "This can be adapted to compensate the arms costs for Japanese immigrants. The war against Japanese has basically ended. We will start building a province and establishing a prefecture and establishing a county..."
"No need to test." Yi Zhizu smiled and said, "I will not break my promise. Japan follows the Korean law and will be governed by the imperial court."
Seeing that he was so happy, Sushun smiled and bowed: "Thank you, Brother Guocheng, for your fulfillment."
"No need to be polite." Yi Zhizu said in a calm tone: "Yuanqi organizes immigration, and the court sends officials to select those who work diligently and love the people. He smashes Yuanqi's signboard, don't blame me for being polite."
"Brother Guocheng, don't worry." Sushun changed his mind, "I heard that the Prime Minister of the Cabinet has decided?"
Yi Zhizu did not hide it from him, and nodded, saying, "Tainan called for inquiries, I recommend King Gong."
The recommended King Gong? Sushun's mind immediately buzzed, and when he came to his senses, he said, "The royal family will not enter the cabinet..."
"The situation in our country is different." Yi Zhizu said slowly: "Brother Yuting is temporarily wronged and will serve as assistant minister."
"For the time being?" Sushun looked up at him, as if the drowning man had grabbed a life-saving straw.
Yi Zhizu nodded, "Brother Yuting replaced Prince Gong and took over as the next Prime Minister. With your two terms as a transition, it will help ensure the smooth realization of true constitutionalism in the Qing Dynasty."
Su Shun looked at him suspiciously, "Brother Guocheng really doesn't plan to form a regent?"
"Brother Yuting, don't worry." Yi Zhizu smiled and said, "Even if I want to form a regent, it will be after you. Moreover, I really don't have this plan at the moment. You know that I am a casual person and it is not suitable."
Su Shun was still a little worried and said, "The second Prime Minister is also appointed?"
"Of course." Yi Zhizuji said first: "The Qing Dynasty does not have the foundation of constitutionalism at present, and the election of members of the Jiangsu Advisory Bureau fully demonstrates this point. National affairs cannot be played with. Before the Qing Dynasty does not have the foundation of constitutionalism, the cabinet prime minister must be appointed by the emperor.
It is strange that the emperor can designate it! Sushun couldn't help but feel funny, and the haze in his heart was wiped out. In comparison, he would rather be the second prime minister.
After leaving Zhennan Prince's Mansion, Sushun immediately sent a telegram to Yangxin Palace to report to Yi Zhizuo's conditions for revoking troops. The next day, Ci'an's call came, just two words - "Suan".
With the establishment of the Jiangsu Advisory Bureau, the advisory bureaus of the two provinces in Nanyang, as well as Guangdong, Zhejiang, Fujian, Jiangxi, Guangxi, Hubei and Hunan provinces were also established one after another. Despite repeated supervision, the progress was still slow. Many provinces have spent a lot of energy and time on registering and verifying voter identities.
When each provincial advisory bureau is established, major newspapers in the southeast will report it in a timely manner and publish a series of data, such as population, number of voters, number of candidates, number of parliamentarians and various proportions. The most eye-catching one is the two provinces of Nanyang. As major immigration provinces, the population of both provinces is not large, but the ratio of voters to the total population is the highest, reaching 2.5% and 6%, which is far higher than that of the southeastern provinces. Guangdong, as the foundation of the Yuanqi, has only reached 1.2%.
"According to the detailed investigation, the proportion of Nanyang provinces is high because of the popularization of primary compulsory education, and the valuation of rubber plantations is generally high." Yi Zhengxing said and looked at Yi Zhizuo and said carefully: "Nanyang has a great advantage because of popularizing primary education, which is easy to accept..." After hesitating, he said: "But rubber plantations are generally high, with a price of three to five thousand yuan. Is there any suspicion of fraud?"
Yi Zhizu smiled, "You should know the price of rubber in detail, and then understand the output of rubber plantations and the economic life of rubber trees, that is, how many years of rubber can be cut. I can tell you with certainty that the current valuation of rubber plantations is seriously low because the price of rubber is still at a low price."
"Is it still underestimated?" Yi Zhengxing looked in disbelief.
"Seriously underestimated." Yi Zhizuji said: "The application of rubber will become more and more extensive, and the demand will become greater and greater. The price will inevitably continue to rise or even double in the future."
Even Zhao Liewen was shocked when he heard this. He knew very well that since the conquest of Nanyang, Yuan Qi spared no effort to promote the planting of rubber trees in Nanyang. As early as then, the other party had expected the huge value of rubber? It was simply turning stones into gold!
Yi Zhengxing still didn't believe it, "The value of rubber is so great?"
"Not to mention other things, the pneumatic tires used in bicycles, horse-drawn carriages and rickshaws running all over the street are made of rubber. This alone shows the huge market for rubber." Yi Zhizu said slowly: "Not only my country, but Western countries also have a huge demand for rubber. Rubber has now become another large export commodity in my country after tea and raw silk."
Seeing Yi Zhengxing, Zhao Liewen didn't say anything, and smiled and pulled the topic back. "Nanyang and the southeastern provinces have been prepared for the establishment of local councils. Local officials are well aware of the situation under their rule on weekdays. Other provinces are far apart. It is estimated that it will take half a year or even half a year to be fully established. This will inevitably delay the establishment of the Supervisory Yuan, right? "
"Don't be in a hurry." Yi Zhizu waved his hand, "Once the urge is too urgent, local officials will be perfunctory. I hope they will be slower and more serious and responsible. The already established advisory board can hold a meeting first."
June was coming in a flash, and the weather gradually became hotter. In the afternoon of that day, Yi Zhizu was taking a nap in the Heyuan Garden. He heard Lin Meilian’s hurried voice in a daze, “Big shopkeeper, Chief of Staff Yan is here, saying that there is an emergency military situation.”
After hearing the urgent military situation, Yi Zhizu woke up immediately, turned over and sat up, "Where is the person."
After hearing the sound, Yan Yangtian quickly stepped in and saluted: "Principal, there was an earthquake and a tsunami in the Wakogawa Palace last night..."
A huge tsunami? So unlucky? Yi Zhizuxin felt nervous and asked quickly: "How is the casualties?"
"The Senggelinqin tribe lost one battalion, and the Beiyang Navy lost eight warships and more than 300 officers and soldiers." Yan Yangtian said in a low voice: "It is reported that the waves raised are dozens of meters high, and many places are submerged." After hesitating, he continued: "There are rumors that...retribution."
"What retribution?" Yi Zhizu's face sank. "Shiwu has had many volcanic earthquakes since ancient times, and the news of Senggelinqin blockade! The officers and soldiers who died were generous, and the lost warships were compensated for them."
"Yes!" Yan Yangtian quickly said loudly, seeing that he saluted and was about to turn around and leave, Yi Zhizu called him again and said, "Tell Senggelinqin, it is not a retribution, this is God bless me, the Qing Dynasty! If the war is not over, what will happen if this tsunami is encountered?"
If the war is not over, the East China Sea Fleet and the Beiyang Navy will inevitably suffer heavy losses in this tsunami! Yan Yangtian reacted and said with an excited look: "The principal saw it thoroughly, it is indeed God bless the Qing Dynasty!"
"Go." Yi Zhizu said and looked at Lin Meilian, "The tsunami in Japan will inevitably affect our coastal areas. Go and call us immediately to find out the situation."
When the two of them retreated, Yi Zhizu was still in fear. The Yuan Dynasty attacked the Japanese invasion and encountered a major storm. Now a huge tsunami has emerged. It is really a bit evil, but even the evil sect has been destroyed by him now!
Although he ordered the blockade of the news, he knew in his heart that the news was probably difficult to block. The extermination of Japan was a bit unpopular. I was afraid that someone would use it to make a fuss. It would be better to take the initiative to promote the blessing of the Qing Dynasty. After thinking for a while, he felt that it would be better to wait and see first.
For several days, there were no reports of the Japanese tsunami in newspapers of all sizes in the north and south. Yi Zhizu felt relieved and turned his attention to the gold trading market in New York.
"The big shopkeeper, after the summer, the gold price in New York began to rise steadily, but the amplitude was very small, and it was obvious that someone was secretly absorbing it." Hu Guangyong said slowly: "I guess this situation will continue until July."
Yi Zhizu glanced at him and said, "Why?"
"America is a major agricultural exporter." Hu Guangyong said without hesitation: "Grain export trade is settled in gold. In order to avoid losses caused by the fluctuation of gold prices, merchants will short gold in the gold trading room after the grain is sold to hedge. This short selling pressure cannot be ignored because the amount is very large."
It seems that he has done his homework, Yi Zhizu nodded with approval, "The left and right are practicing. According to your judgment, eat in and out."
"Big shopkeeper." Hu Guangyong hurriedly said: "The New York gold trading market is very popular, most of which are speculative. As long as you pay a small margin, you can conduct gold speculation operations in the gold trading room... The highest is that you can buy a five-million gold contract for one thousand dollars."
Yi Zhizu heard the air in his ear, "Are they crazy?"
"It's really crazy." Hu Guangyong said with a wry smile: "New York's gold market is a place that is more likely to make people rich or impoverished in a few minutes than anywhere in the world. There is an average of nearly $70 million in trading per day."
He was so crazy! No wonder a gold speculative case had such a huge impact and serious consequences. Yi Zhizu pondered for a while before speaking: "It's easy to do this. There is no need to mobilize funds. You practice first, but you have to collect information at any time."
"I understand." Hu Guangyong hurriedly said.
Hu Guangyong expected it well. The gold price in New York has risen steadily. By July, it has risen to 140 US dollars. As a large number of grain export traders shorted gold for hedging, the gold price began to fall slowly. By the end of August, the gold price had fallen back to 132 US dollars, and the trend was still falling.
Facing this market, Hu Guangyong was a little confused. He guessed that this wave of market should end, but he felt something was wrong, but he didn't know what was wrong!
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Chapter completed!