What I didn't know was that before he met, the old veterans had already held a meeting. Taisho not only received the original news of the matter, but also heard more unfavorable, unpleasant, and uncomfortable rumors, but the young man held it back. Not only did he hold it back, but he also listened to the opinions of these old ministers with patience and demeanor. Some were to fight, some were to reconcile, some were to fight first, and some were to fight first and then reconcile... He listened clearly to all kinds of reasons and facts. At this moment, he could of course be indifferent to Yamamoto's report that had been poured into water. It was simply a joke!

Yamamoto slandered Taisho just now. If it were Meiji's character, he would have been the end of the prime minister tonight. But it was Taisho that he had the elegance to let the old ministers argue and let the prime minister speak water-filled words - he smiled, as if he was watching a performance. In the end, he only asked two questions: "If you fight again, will the army be sure to win?" "If you fight again, can the empire's finances be borne?" These two questions asked a group of veterans. Regarding the first question, the Satsuma faction expressed doubts, but the Changzhou faction was as fanatical as ever. For the second question, both factions did not say anything. Everyone knew that with Japan's national strength and the actual fiscal situation could no longer support a large-scale war. If they had to persist, then there would be only the government's finances going bankrupt and the people's turmoil broke out. The risk was speechless and the elders refused: "Let the cabinet find a way."

"What can the cabinet do?" Yamamoto smiled bitterly. This morning, before he entered the palace, the prime minister had already come to complain to him - a large number of foreign banks held yen to be exchanged for foreign exchange or gold such as the United Kingdom, the US dollar, and a large number of commercial banks' bills required discounts from central banks.

Even without hesitation to increase the rediscount rate, a large number of bonds and stocks in the market were cleared and polished at any cost. Do you want to pursue it? No need, Yamamoto and Dazoo ​​closed their eyes and knew who were shorting Japan, but they could not afford to offend them. Yamamoto, who was worried, couldn't help but think of China's confident answer during the negotiations: "The Japanese financial market and even the Asian financial market will make their decisions. If it is forced to truce under the promotion of this force, it will only damage the Japanese economic foundation." The situation is very clear now. The chaebol and the economic agency with an official background are already attacking Japan. If this situation is allowed to continue, it will inevitably cause deep turmoil in the financial market. And if this news is widely publicized, it is natural for him to step down, but the Japanese economic system may be destroyed.

Although Tibetan Prime Minister is the general representative of the chaebol forces and financial oligarchs, he still has a trace of "loyalty to the emperor and patriotism" in his heart. He advised: "Prime Minister, please allow me to say unruly that the current financial situation and fiscal situation can no longer support the war... If we stop now, at most a division will be sacrificed on the battlefield. In the current European war environment, this loss may not be able to be compensated. If we continue to be persistent, even if China is defeated, it will cause the ultimate bankruptcy of government credit due to overwhelming burden."

When recalling this proposal, Yamamoto seemed to remember the words of the Chinese representative: "As neighbors, we do not want to see the collapse of Japan's economy. We are willing to pay a certain price for it to consolidate peace... Simply put, once the two sides restore peaceful relations, the People's Bank of China can help Japan stabilize its financial order and guide market sentiment to re-examine the status and value of the yen. Of course, it takes a price to do anything. Our requirement is that the Japanese government unilaterally announces the abandonment of the remaining part of China's Boxer Indemnity. Then we use this position as a base to make the yen exchange rate rise to the basis before the war. It can even be slightly higher. This is enough to make up for the sudden amplification of the loss of the foreign debt balance caused by exchange rate changes in Japan, and can also appropriately reduce part of the economic burden caused by war mobilization. As for the other solution, we can also negotiate a package of agreements."

Yamamoto understands the importance of the economy, but he is not clear about the calculation of the interests of this transaction, so he can only rely on the ability to hide the phase. After calculation, the latter believes that "accurate numbers are difficult to obtain, but generally it can be calculated. First, if the pre-war exchange rate is used, the government can save about 1.2 million yen for every 1% increase in foreign debt. The current depreciation rate of the yen has exceeded 10%. Once the exact news is released, it may be depreciated by at least 25%, which is about 30 million yuan; secondly, the exchange rate has changed these days.

The company is conducting foreign exchange position trading. If the exchange rate can be effectively consolidated, our losses can be recovered. The scale of this part of the funds is about 1,100 yen; third, if the province of Taoism takes reverse operations and uses the current panic to eat a lot of government bonds, stocks and other securities, once the exchange rate rebounds, this part of the benefits should be more than 10%. Based on the current market size, the returns are more than 25 million yen; fourth. | Foreign investment can also benefit from the rebound in exchange rates, and this part of the compensation is about 2,400... In general, if it can be restored to the pre-war exchange rate, Japan can recover economic losses of about 10 yuan."

"So much!" Yamamoto sighed, "It's worth the construction fee of the Shanghai Army for several years."

The Prime Minister was deeply despised the Prime Minister who was determined to build a warship, but said, "What the Prime Minister said is very true."

"But China requires us to give up the Boxer Indemnity, how much does this part need to be lost?"

"The share that the imperial government of China's Boxer Indemnity can be obtained is approximately RMB yen. Excluding the part that has been deported, there is still about 80 million left, which will be paid in 49 years. If the principal and interest are calculated, the price we pay and the income we earn are basically balanced, and there is even a slight surplus."

"Is that right?" Yamamoto scratched his scalp, "But how can such a proposal be passed in the cabinet? How can he obtain His Majesty's understanding?"

"Theoretically, if we can defeat the Chinese army and achieve decisive results, the temporarily declined exchange rate will rebound, and the loss of 9,000 is definitely not as great as before. However, the result of the war is difficult to predict. Even if we win, we must invest military expenditure in advance, and we are not sure of determination." Speaking of this, Tibetan people bowed deeply to Yamamoto, "The exchange rate and capital gains cannot be measured by money alone. If I

The first benefit for us to achieve a satisfactory result is that the economic situation and financial crisis are under control, which is much more important than 9,000 yuan. In other words, the military setback is nothing more than the loss of a division and a group of old warships. As long as the country is in its foundation, it is no problem to rebuild or even create renewals. If it is severely damaged in finance, the empire will never be able to turn over in the short term. Which of the two sides is more important, please think twice!”

Yamamoto was not interested in the reconstruction of the Army Division, but when he heard about the construction of a newer warship, Yamamoto shone with his eyes. It is certainly distressing to lose several old warships in the fleet, but if he took this opportunity to build a new ship, I believe the navy would be satisfied - this is a sufficient reason and a strong argument. Very good!

In another corner, the emperor, who was far away in the capital, was also discussing relevant details with the Minister of Finance Zai Ze.

"Your Majesty, I have been thinking about it for a day and a night, but I still think this method is inappropriate." Zai Ze kowtowed twice and said, "It's not that I want to disobey the emperor's will. It's because I think we are suffering too much."

"What, don't you understand?" The emperor unexpectedly did not get angry, but smiled.

"I am stupid. After returning to the ministry, I discussed with the officials of various halls, thinking that simply investing funds to help Japan stabilize the exchange rate is not cost-effective for us.

Although Chen and others have made calculations that investing a position of 5,000 is enough to stabilize the Japanese financial market, and we will not lose any losses. But Chen is not happy from the bottom of his heart." Zai Ze looked sincere.

"Why?"

"First, although Japan is asked to give up the Boxer Treasures, it is still a question whether they can agree. With Japan's intentions, I think the difficulty is really great, almost equivalent to seeking a skin from a tiger; Second, Japan's finance and finance are currently sick, and whether we will compensate Boxer Treasures is just a small matter. Their current dilemma is dead, and taking your life while you are sick is the right way. Now the European war is in full swing, and no other countries except the United States will provide help. Even if the United States wants to borrow, the conditions will definitely be extremely harsh. If we take the initiative to let go and lose money to Japan, it will inevitably be unexpected in the future. Japan is like a big-tailed wolf, and I take Mr. Dongguo as a guide." Speaking of this, Zai Ze looked up at the emperor anxiously - he didn't want the emperor to misunderstand that he alluded to the emperor with "Mr. Dongguo".

"Zaize, do you understand? Helping Japan is also helping ourselves."
Chapter completed!