"The house was leaking and raining all night." Zhao Liewen put down the telegram and sighed softly, "When the National Self-Defense Army in Paris was at its peak, there were more than 190 battalions and 300,000 troops. Even though there were many casualties in the siege in April, there were still more than 100,000. However, the regular army of the French Provisional Government had only 30,000 troops, so the prospects were worrying."

He was not worried about France, but about Yuanqi's investment in France. Yuanqi bet on France in the French-Prussian War, not only bought huge French bonds, but also owed a large amount of arms and medicines on credit. Once the provisional government of the Third Republic was overthrown, the money would be completely wasted.

"Hui Fu is too worried." Yi Zhizu was not worried at all. He said in a relaxed tone: "Although the National Self-Defense Army has strong forces, the French army is not weak, and there are still 100,000 or 200,000."

Where did the 10 or 20 troops come from? Zhao Liewen reacted in a second thought, "What the big shopkeeper is talking about is the prisoner?"

"No," Yi Zhizuji said first: "In the battle of Sedang, nearly 100,000 French troops were captured, and General Barzeni, the fortress of Metz, led more than 100,000 French troops to surrender. Thiers would definitely find a way to redeem these prisoners of war to suppress the National Self-Defense Army in Paris."

"The shopkeeper can see it thoroughly." Zhao Liewen nodded, "The National Self-Defense Forces in Paris hate Germany, and Bismarck will definitely be willing to secretly assist Thier. However, for such a large number of prisoners of war, Thier is afraid that he will have to pay some price..."

"Bismarck will definitely not let such a good opportunity." Yi Zhizu said slightly, but thought to himself that the French war in France paid 5 billion francs and the land was cedeed.

"Dingling." A crisp phone call sounded, and Zhao Liewen quickly got up to answer the phone. Soon, he turned around and reported: "The big shopkeeper, Huo Qizheng and the exchange's storekeeper Huo called, France's national debt fell sharply, please tell me if you need to eat it?"

"Don't worry, wait and see first." Yi Zhizu said without thinking that the Paris Commune was established and the war compensation was finalized, which would inevitably cause extremely serious suppression on the French national debt. Now is far from the time to earn.

In just a few days, the commune election held by the Central Committee of the National Self-Defense Army, the only effective government in Paris, elected 92 members to form the commune parliament. On March 28, 200,000 citizens in Paris gathered in the spacious square in front of the Paris City Hall to cheer for the official establishment of the Paris Commune.

Because of concerns about the collapse of the Provisional Government of the Third Republic of France and the concerns that French bonds will become worthless waste paper, French bonds in major European financial markets and Guangzhou and Shanghai securities markets plummeted again, which triggered panic and set a new low.

Zhennan Wangfu, Changle Bookstore.

"France's national bonds have fallen fiercely and have fallen below the 4 yuan mark. If they are not palletized, they may continue to fall sharply." Huo Qizheng said with consideration: "If this continues, it may be detrimental to the issuance of foreign bonds in the future..."

"If they take over now, their losses will be greater." Yi Zhizu said slowly: "Wait a few more days, I will start to eat in Europe with Hu Guangyong."

In this case, I still have to eat a lot? Huo Qizheng couldn't help but be stunned, "The shopkeeper is so confident in France?"

"The Paris Commune cannot last long, don't worry." Yi Zhizu said confidently. He originally planned to wait and see. After thinking about it over and over again, he realized that there was no need to take risks. The financial forces of all sizes in Europe were closely connected with political leaders from all countries. They were not only well-informed, but also had a certain vision. If they really wanted to start encircling the Paris Commune or signing a formal peace agreement, they might miss the opportunity. Moreover, the current French national debt has fallen below 20% of the face value. If it falls further, the amplitude will not be too large. It is time to close the net.

As soon as Huo Qizheng stepped down, Lin Meilian came in to report: "Big shopkeeper, Mr. Lin is here."

"Let him come in." Yi Zhizu ordered.

In the waiting room, Lin Haoran sat upright on the soft sofa with no squint. He was originally the shopkeeper of Yuanqi's Japanese branch. After the destruction of Japan, he was transferred back to Shanghai. The Ministry of Commerce Xie Xiuyuan, Guan Changhai appreciated him quite well, but Kong Jian'an refused to let him go and directly transferred him back to Yuanqi's headquarters to be in charge of monetary policy.

He didn't expect Yi Zhizu to cross Kong Jian'an and summon him directly. He couldn't help but feel a little nervous, but he thought it would be a good thing. When he entered the study, he glanced at Yi Zhizu sitting behind the desk. He bowed calmly, "Lin Haoran, the subordinate, has met the big shopkeeper."

"No need to be reserved." Yi Zhizu pointed to the chair in front of him and said, "Sit down." He said, "I have seen you in Maguan."

Lin Haoran couldn't help but feel aroused when he heard that the other party still remembered him. As the other party's identity, he didn't know how many people he would meet every day. He had met a few years ago and he could still remember him. How could he not be flattered?

When the other party sat down, Yi Zhizu said slowly: "With the continuous increase in silver production, silver is also depreciating, and the gold-silver exchange ratio is gradually widening. Now Western countries have gradually implemented the gold standard, and my country has been the silver standard for hundreds of years.

This is not conducive to the preservation of the issuance of paper money, nor is it conducive to the development of commerce and economy. Over the years, Yuanqi has been saving gold and preparing to implement a gold standard...."

Implementing the gold standard? Lin Haoran was stunned for a moment. He felt a little sudden. In recent years, Yuanqi Bank absorbed gold by increasing the gold-silver exchange ratio. He guessed that Yuanqi would imitate Yinggeli to implement the gold standard, but he still felt it was too early.

After hesitating, he spoke: "As the shopkeeper said, our country has been implementing a silver standard for hundreds of years. Therefore, the circulation of silver in China is extremely large, which is beyond the reach of Western countries. The rash abolishing silver may cause great panic."

"According to international practice, it should first transition from the silver standard to the gold-silver duplicate system, and then to the gold standard." Yi Zhizu said slowly: "However, the current circulating in my country is silver dollars and Chinese coins (paper banknotes issued by Yuanqi), and the circulation of Chinese coins has exceeded that of the current silver. Even if the silver standard is abolished, Chinese coins can be directly exchanged for silver."

"Big shopkeeper." Lin Haoran said solemnly: "Once the abolition of the silver standard and the implementation of the gold standard will inevitably have a great impact on the Chinese currency, and even trigger a large-scale run. My subordinates think it is more appropriate to first transition to the gold and silver replica system. After all, the amount of silver stored and circulated in my country is too large."

After hearing this, Yi Zhizu said slowly: "Monetary policy is closely related to people's livelihood and economy, and it must be safe. However, the gold standard is imperative, and time does not wait for anyone. We cannot wait until Western countries implement the gold standard before implementing it."

Seeing that he seemed to have the intention of taking the exam, Lin Haoran did not dare to speak casually, and pondered for a moment before saying, "If the shopkeeper wants to quickly implement the gold standard, he can only significantly increase the gold and silver exchange ratio. However, this will inevitably lead to the follow-up of Western countries, resulting in the precious gold and silver being cheap. The huge circulation of silver in our country is a bit unworthy of the loss."

The gain is not worth the loss? Yi Zhizu smiled. The gold-silver exchange ratio is only 1 to 18 now. This is the result of Yuan Qi's intentional improvement. He knew very well that within 20 or 30 years, the gold-silver exchange ratio is as high as 1 to 30 or 40. If it is really delayed until that time, it is really not worth the loss!

"Continue to improve!" Yi Zhizu said in a deep voice: "After twenty points within a year, try to convert silver into gold to increase the reserves of gold."

This is no longer a tone of negotiation. Lin Haoran dared not hesitate and hurriedly said, "Subordinate obey the order."

Lin Haoran's mind was still a little confused when he left the room. Not to mention that it would have a huge impact on Western countries, it would not be a good thing for the Qing Dynasty. The one who benefited the most was England. He thought to himself that he had to report to Kong Jian'an as soon as possible, and it would be best to let Kong Jian'an lobby the shopkeeper to dispel this idea.

In the room, Yi Zhizu walked slowly to the window and lit a cigarette. As a silver power, he had no choice but to actively increase the gold-silver exchange rate. He had no choice. He had to take measures as soon as possible to make the Chinese currency issued by Yuanqi the only currency circulating in the market and expel silver from the circulation market. Only in this way can he firmly control the financial economy of the Qing Dynasty and control the finance of the Qing Dynasty!

The crisp phone ringing of "Dingling" rang again. Yi Zhizu took a look and walked over. However, he thought in his heart that he should move the phone out and set up a special telephone room. With the laying of the telephone line, more and more phone calls will inevitably not disturb him.

"I am Yi Zhizu." Picking up the phone, Yi Zhizu reported to his home as usual. After all, he didn't have many cases of answering the phone directly. "Brother Guocheng--." Yi's clear voice came from the phone, "It's a thousand miles away, as if it's close, and the ears are just like that." Yi's words were full of joy, and it was obvious that he was in a very good mood.

It was actually the call from the capital that was connected. Yi Zhizu was also happy and said with a smile: "Did King Gong call this phone from the Military Affairs Office or from the Prime Minister's residence?"

"Brother Guocheng was joking, so it was naturally the Military Affairs Office. The official residence would not be completed until summer." After a pause, he continued: "The military system reform plan has been passed. I wonder when Lord Yan will take office in Beijing?"

This efficiency is not slow. Yi Zhizu pondered for a while before saying, "I immediately urge the General Staff to move to the capital."

Then he put down the phone and saw Zhao Liewen walking in. He smiled and said, "The phone number from the capital has been connected. Just now, the call from King Gong has been passed. The military reform plan has been passed."

"I answered the phone, it will be much more convenient in the future." Zhao Liewen smiled and paused, then he said: "The capital is rumored to be selected as a concubine for the emperor. Have you heard of this matter?"

Yi Zhizu heard about the news of Qixiang's choice of concubines, but he didn't take it seriously. He immediately said carelessly: "The emperor is already sixteen years old, and it's time to get married and rule the country."

Recommend the new book of the urban god Lao Shi:
Chapter completed!