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Chapter 8 The Magnifying Cannon (Part 2)

Fang Zida, who had already been confident for a long time, was not afraid of the stage. He turned his eyes to Song Jiaoren to reassure him, and then smiled and handed over to everyone: "President, seniors. I have been in the West for a long time. I have returned to China for the first time and have done some research on economic methods.

, As long as countries borrow money, there are many Western countries, and it has long been a common practice. For example, France, Germany and other powerful countries borrowed huge amounts of debt to tide over national crises. Therefore, borrowing money is not a shameful thing, just like ordinary businessmen doing business.

, if you don’t have money, you’ll have to borrow money from someone to run your business.”

When Fang Zida said these words, everyone smiled slightly and listened to him continue to talk in a relaxed mood.

Fang Zida paused, turned to Zhou Xuexi, and asked: "General Manager Zhou, after listening to your introduction about the loan situation just now, would you like to ask a question?"

"Yes!" Zhou Xuexi nodded.

"The total loan amount of the five-nation consortium is 25 million pounds. Calculated based on 84% of the actual receipts, the actual loan amount should be 21 million pounds?"

Seeing that Zhou Xuexi had no doubts, Fang Zida continued to ask: "According to the loan terms, the actual borrowed 21 million pounds will also be deducted from advance payment and repay the due Boxer Indemnity. Is this a foreign debt?"

"Of course!"

"Okay! Then let me ask you again, how much will the government actually get after deducting these expenses?" Fang Zida asked calmly.

"This..." Zhou Xuexi looked at Yuan Shikai first, and then said it after getting his approval: "It is estimated to be around 7.5 million to 7.6 million."

"Haha, let's just say it's 7.5 million pounds. 7.5 million pounds is a huge sum of money! But Mr. Zhou, do you think the government can handle such a huge sum of money?" Fang Zida asked with a smile.

Seven and a half million pounds is indeed a huge amount of money. If converted into silver, it would be nearly 35 million taels. However, this amount of money is fundamental to the Republic of China, which has a vast territory, a large population, and a relatively new birth.

It is just a drop in the bucket. You must know that in 1911 alone, the total fiscal revenue of the Manchu government was 300 million taels (including various exorbitant taxes and miscellaneous taxes), and military expenditures alone accounted for 137 million taels, which is huge compared to this

Compared with the incomparable figures, 35 million taels is simply not worth mentioning. What's more, now that multiple forces have formed separate regimes in various places, except for the places occupied by the Beijing government, the governors of other provinces are working hard to collect taxes and make money to support the army.

, not paying a penny of taxes to the central government at all, some people even stretched out their hands to cry about poverty, and kept asking Beijing for money and food.

Everyone was silent, even Yuan Shikai frowned and said nothing. There was a huge gap and obvious comparison. Everyone knew in their hearts that even if they borrowed money, the money would not be enough.

"Zhang Ming, I know you studied economics in Europe. This time I went north to hope that you can help the country in economic matters. Since you have seen the problem so thoroughly, there are no outsiders here. If you have any ideas, just tell me.

Right." Song Jiaoren was equally surprised by these words of Fang Zida. These were issues that he had not considered before, or had not thought of. The country was in such difficulty, and as the next prime minister who was about to form a cabinet, he suddenly found that the road ahead was so tortuous.

It was difficult. He glanced at Fang Zida with some blame, as if blaming him for not talking to him about this before, but then he thought about it. Fang Zida had just returned to China not long ago, and he didn’t understand the government’s situation at all, and he also talked to him about the big loan today.

It was only after I came here that I heard that it was not easy to have such a view among everyone's answers just now.

"Yes, Brother Zhangming, please give me some advice!" Zhou Xuexi, who had been slapped on the head with a stick, had a different attitude before and after, and said eagerly.

"Haha, my method is actually very simple." Fang Zida said calmly: "Since the government wants to borrow money and the borrowed money is not enough, then just borrow more. Twenty-five million pounds is too little.

It's okay to borrow 25 million. If possible, you can even consider adding more. As for the interest and time, you can also increase and extend it accordingly. To use an inappropriate analogy, it's all selling anyway.

It is better to sell the hammer at a high price as possible. As long as the government has sufficient funds, everything will be easy to handle in the future!"

"What!"

Fang Zida's arrogance shocked everyone, what a guy! This idea is too outrageous. For a moment, everyone looked at Fang Zida with strange expressions in their eyes, and some people who were still hopeful a minute ago even showed their expressions.

Some people are even more disdainful, and some people even put Fang Zida in the category of Sun Wen and others. Of course, this does not mean that he has revolutionary consciousness, but that he speaks without restraint, talks endlessly, and sets up cannons to blast at random.

Posture.

"Crazy! It's really whimsical!" Lu Zhengxiang's expression changed on the spot, and he reprimanded: "I thought there was some clever trick, but it took me a long time to come up with such a bad idea? What a joke! How can it be so easy to borrow money from country to country, government to government? First of all,

Not to mention whether the five-nation banking consortium can lend so much money, even if we are willing to lend it, what will we get to repay it? You must know that it is an annual interest of 5%, a repayment period of forty-seven years, and tariffs, salt, etc.

Taxes are used as collateral, which has already put the government under great pressure. If it wants to increase the amount of borrowing and pay more, this...this..."

With his face flushed, spitting and gesticulating with great excitement, Lu Zhengxiang almost cursed the word "traitor". Song Jiaoren was also shocked. He never expected that he always looked so stable.

It is simply unbelievable that Fang Zida would suddenly say such outrageous things!

"Zhang Ming, are you crazy?" Lowering his voice, Song Jiaoren tugged on Fang Zida's sleeve: "What nonsense are you talking about? You are making traitorous remarks!"

"Brother Dunchu, don't worry..." He whispered back, Fang Zida smiled calmly and sat back in his seat without defending himself, as if he hadn't said anything or done anything just now.

After Fang Zida was so involved, everyone present lost the mood to continue talking, and they left one after another after a short stay. Fang Zida also left the Presidential Palace with Song Jiaoren, and after they all left, the sitting

Yuan Shikai, on the other hand, held the teacup in his hand and was deep in thought. After a long time, he slowly spoke.

"Xizi, plowman, what do you think?"

"What a crazy person!" Xia Shoutian, who had been with Yuan Shikai but said nothing, snorted coldly, while Yang Du on the other side said with a smile: "I think Fang Zhangming is an interesting young man."

"Oh..." Yuan Shikai raised his eyebrows.

Yang Du smiled and said: "Actually, what Fang Zhangming said is absolutely right. These loans alone are far from enough for the current situation. Since it is a loan, why not borrow more? You have betrayed the country. It is better to sell more thoroughly to avoid being raped in the future."

If people scold you a lot, you won’t have to worry about your debts. The key is to have enough money to do big things.”

"Everyone understands the truth, but how easy is it to do things?" Xia Shoutian shook his head and said, "It's just empty talk!"

"Yes!" Yuan Shikai agreed: "It's easy to talk, but hard to do things! It's one thing to see clearly, but it's another thing to be able to do it. It's hard! It's hard! It's hard!"

In fact, why is Yuan Shikai unmoved? If he really has a huge sum of money, with the strength of Beiyang in his hands and the support of Song Jiaoren, the possibility of stabilizing the entire China is still very high. As long as there is stability, relying on

With China's vast land and endless population base, in just twenty years or even more than ten years, the entire country will be transformed and move towards prosperity and strength.

"President, I think this Fang Zhangming may have something on his mind. Those words may not be in vain..." Yang Du said with a smile.

"Haha, if that's the case... interesting... hahaha... interesting!" Yuan Shikai's eyes flashed and he laughed immediately.
Chapter completed!
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