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Chapter 979 Silver output

Yuanqi has a huge funding gap due to the implementation of the huge five-year plan. Wei Sanwei knew about this and he did not expect Yuanqi to inject funds into the United States. The current situation is not something that can solve the problem by 30 to 50 million silver dollars.

After pondering for a moment, he said: "Your country has maintained close trade exchanges. With the opening of the Pacific route, the trade volume between the two countries has also increased year by year. Now our country is your country's second largest foreign trading country. I believe that your Highness does not want our economy to collapse."

After a pause, he stopped going around in circles and said straight: "Due to the economic crisis, my country's steel prices fell sharply and output was greatly reduced. Your country needs a lot of steel to implement a five-year plan to build a railway...."

Is this hope that the Qing Dynasty will import a large amount of steel from the United States? Yi Zhizu secretly felt funny. Before he could finish his words, he quickly interrupted him and said, "Sorry, now there are five large steel mills in my country with an annual output of 2 million tons. There are three large steel mills under construction and are expected to be put into production next year. There is no large amount of imported steel."

After hearing this, Wei Sanwei looked extremely sad. This economic crisis was fierce and was much larger than last time. European countries may be followed by economic crisis after the financial crisis. If this is the case, the United States may suffer a second wave of impact, which is absolutely an unimaginable disaster.

The Qing Dynasty was not only not affected by the European financial crisis, but instead, the economy seemed extremely prosperous because of the introduction of the five-year plan. The United States naturally turned its attention to the Qing Dynasty, hoping to get help from the Qing Dynasty, and hoped that the Qing Dynasty could import a large amount of steel.

The other party refused without hesitation and cut off the only glimmer of hope in the United States. After a while, he said unwillingly: "The land price of steel in our country can be at least 20% to 30% cheaper than that of your country, which is enough to significantly reduce your country's railway cost."

Yi Zhizu said softly: "my country's steel prices will be consistent with international prices."

After hearing this, Wei Sanwei felt desperate. If the price of steel in the Qing Dynasty was consistent with the international price, even the railway they were constructed could only use steel in the Qing Dynasty. This was not a thought for them!

He handed over a cigarette, Yi Zhizu said sincerely: "my country has launched a five-year plan to promote the development of the steel industry. There is no reason to import a large amount of steel." After hesitating, he said: "Maybe, we can import a large amount of food..."

The Qing Dynasty imported a large amount of grain from the United States in the early years. However, with the reduction of the scale of immigration, as agricultural production in Southeast Asia and Southeast Asia, known as the granary, gradually recovered and developed, now there is little import of grain.

Wei Sanwei naturally knew about this situation. The other party's statement made him feel a little hope. Obviously, the other party was willing to lend a helping hand. He hurriedly said: "Thank you very much for your helping hand in our most dangerous time. However, the food trade has not been impacted at present... This crisis is mainly a financial crisis and a heavy industry crisis..."

Yi Zhizu pondered for a while before saying: "Your country is my country's second largest foreign trading country. The serious economic crisis of your country will also have a serious impact on our country. Like your country, I urgently hope that your country can get out of the crisis as soon as possible and usher in a new round of economic recovery. my country is indeed powerless to do anything about the crisis of heavy industry, but there may be a glimmer of opportunity in finance..."

In terms of finance? Wei San was stunned. Could it be that Yuan Qi could still withdraw funds? The Qing Dynasty itself is now facing a huge funding gap. He said skeptically: "What advice does Your Highness have? Just say it straight."

"What advice can you give?" Yi Zhizu laughed: "The only thing in your country is to inject a large amount of funds to stabilize the banks, stabilize the stock market, and stabilize the factories, which will naturally stabilize the hearts of the people."

This is not nonsense? Wei Sanwei secretly complained that once there is a huge amount of money injected, all problems will naturally be solved. The problem is where to find such a huge amount of money injected now!

"Yuanqi can inject huge amounts of silver into the New York branch." Yi Zhizu lowered his voice unconsciously, "Of course, this matter cannot leak any news."

Wei Sanwei's heart was thrilled and he hurriedly said, "The current situation is 30 to 50 million yuan, which is like a drop in the bucket."

"What about three to five hundred million?" Yi Zhizu said softly.

Three or five billion! Wei Sanwei suddenly felt a little dry. If 300 million silver dollars could be injected into the United States at this time, the situation would be stabilized immediately!

Soon, he calmed down and vaguely guessed the other party's purpose. The Qing Dynasty planned to implement the gold standard and was eager to take out the huge amount of silver in the country, otherwise he would not take such a risk. If this matter was exposed, there would be a possibility that Yuan Qi was run and bankrupt. Obviously, this matter was a great thing for the United States and Yuan Qi. According to the Qing Dynasty, it was called the best of both worlds, and taking risks was also Yuan Qi. The United States did not need to take any risks at all.

As if he was worried that the other party would change his mind, he immediately stood up and said, "I will report your highness's kindness to the country immediately."

After sending Wei Sanwei away, Yi Zhizu immediately asked someone to call Hu Guangyong and inject a huge amount of silver into the United States. He also made a temporary decision. In his opinion, this was an extremely rare opportunity. To implement the gold standard, the huge amount of silver in the country should not be thrown into his hands. Inputting the United States is undoubtedly a top-notch move. It can not only alleviate the economic crisis in the United States, but also find a way out for domestic silver.

When Hu Guangyong arrived, Yi Zhizu called Zhao Liewen and Yi Zhengxing again, and then he told the situation. He wanted to inject all the silver in Yuanqi's inventory - also the deposit of banknotes, into America. The three of them were shocked for a moment and couldn't speak.

This courage is too great. I guess no one except him would have such crazy ideas. Zhao Liewen said in a deep voice: "Americans may not believe it. Once the crisis is alleviated, they are very likely to leak the news and put us in danger."

Hu Guangyong said: "Was the shopkeeper planning to borrow money for such a huge amount of silver? Or buy Wall Street at the bottom?"

"It seems that Xueyan is the same as me." Yi Zhizu smiled and said, "Of course, it's the bottom of Wall Street. In this way, Americans dare not disclose the news easily. In addition, we can also use the method of injecting in installments and batches."

"There is no airtight wall in the world." Zhao Liewen said in a deep voice: "This matter is so risky that it is unimaginable. Once the news leaks, it will inevitably lead to an unimaginable run."
Chapter completed!
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