Chapter 310 Opening the People's Bank of China
When Kamura Yasuji, the commander of the Japanese Front in North China, handed over his general sword to Feng Yixiang, it meant that the war between the Japanese army and the three navy, army and air force was defeated, finally came to a successful end.
When the militia corps publicized the inspiring news, the commander of the Japanese dispatched army did not seem as angry as he imagined. On the contrary, he felt a little relieved. Although the surrender of Kanchang Nishiji, he felt a little embarrassed, but he had been alone in Peking for one month, and he still reserved a certain amount of time for the Kanto Army.
Perhaps I knew that the next step of the militia corps would be to deal with their Kwantung Army. After the land passage leading to Peiping by beriberi, the Kwantung Army began to dispatch coolies and began to build fortifications along the dividing line of the two armies. It seemed that they wanted to build the Hua-Soviet border where they confronted the Soviet Far Eastern Army.
The fortifications such as barbed wire, trenches, and castles were all built to the limit by the Kwantung Army. Those who knew it lamented that the Kwantung Army was really rich and built such permanent fortifications just to prevent the next move of the militia. Those who didn't know thought that the Northeast was their territory, and they mobilized such troops to resist foreign enemies!
What surprised the Japanese and domestic warlords was that the militia corps seemed to ignore the Kwantung Army's extensive construction of such permanent fortifications. Except for whether it was a matter of time, the artillery and infantry arranged on the border would come to them from time to time to run and attack, other attack methods were useless. It seemed that they were not worried at all that these permanent fortifications would increase their difficulties in regaining the Northeast in the future.
In fact, they knew that the Kwantung Army needed time to build a solid defense line, and that Deng Chenggong's militia unit did not need time to develop? As long as the militia unit was given some time, the navy and the airborne troops of the Quick Rebel Division formed combat effectiveness, these fortifications arranged on land could be completely ignored.
Even the Kwantung Army spent manpower and material resources to build such permanent fortifications, which would waste money and not tell the garrison troops in the end, but wouldn't have any effect at that time. Will the Japanese vomit blood from time to time?
So Deng successfully pretended to be confused with his understanding and focused on the training of the navy, and began to prepare for the navy's next tentative outing to sea. Moreover, the cooperation agreement reached with the United Kingdom and the United States was also being prepared to implement it quickly.
In order to lay the foundation for the future navy, Deng Chenggong built another militia shipyard in Tianjin Port based on the existing industrial foundation. He began to form all the equipment that could be purchased in the shipyard. In the future, this shipyard will need to undertake the task of building new ships for the navy and provide logistics support for this aircraft carrier fleet.
Although I knew that it would cost a lot of money to support a navy in the morning, after watching the navy that consumed tens of millions of dollars for a period of time, Deng Chenggong also lamented that the navy is indeed a gold-swallowing beast. And it was spent on the establishment work. If I go to sea to fight in the future, the cost may be increased!
Money! has become something that Deng Chenggong urgently needs to solve now. Although he has such a large area of liberated areas, in order to give these newly liberated people some hope to resume production, the tax policies formulated by the militia corps are relatively low. In addition, the Japanese Navy turned against Britain and the United States. Many materials were not sold by Deng Chenggong.
If the Russians hadn't been engaging in Germany now, the supplies from their military supplies factory would have been bought by the Russians by land to earn back the funds that the Militia Corps were also urgently needed. It is estimated that this militia Corps, which is increasingly needed to improve their strength, could not afford such a fleet with aircraft carriers.
Thinking of his lack of money and the main force of the militia corps began to change clothes, Deng Chenggong called the National Party, Guangxi and even Sichuan warlords in the name of supporting the anti-Japanese war. He asked these people if they had any weapons and ammunition needs.
Although these weapons were eliminated by the Militia Corps, the price was 20% or 30% cheaper than the new equipment. In addition, the officers and soldiers of the Militia Corps did a good job in maintaining weapons. This gun is often more reliable and stable than the new gun. Therefore, when these warlords thanked Deng Chenggong for being a good person, they still paid for it one by one and pulled away batches of equipment from Deng Chenggong.
Seeing this kind of big sale with tears in exchange for a lot of real money, Deng Chenggong heard Xu Mingyuan tell him that the gold reserves of the militia corps had reached nearly 200 tons and the amount of silver exceeded 1,000 tons. Deng Chenggong was also shocked. It turned out that there were really a lot of gold reserves in this country!
Because considering the preparations for the establishment of the People's Bank of China, when Deng Chenggong was selling these weapons and equipment, he proposed not to have enough money, and to buy more money and get more gifts. In this way, when warlords who had advantages were at risk, they were naturally willing to take out the bottom-up gold and silver in their warehouses for weapons and equipment that they urgently needed to expand their troops.
In addition, the People's Party has recently won Nanhe and the Three East and Two provinces, and their liberated areas have also increased a lot invisibly, and the gold reserves they have were basically handed over to the Militia Corps. Therefore, invisibly, Deng Chenggong's militia Corps became the armed force with the largest gold reserves in China.
Even the poor gold reserves of the Kuomintang rely more on foreign aid, and the currency they printed were depreciating too much. Therefore, they also began to reserve oceans and instead scrambled things like gold to the militia corps little by little.
Just thinking about the late Qing Dynasty, China's gold reserves had actually exceeded 1,000 tons. Deng Chenggong also felt that the gold and silver he had accumulated over the years seemed to be not much. What's more, some of these golds were seized from the Japanese bank vault when they fought with Japanese soldiers in previous battles.
It was precisely in order to reserve this gold and silver that the Militia Corps began to operate poorly in terms of funds. Originally, Britain and the United States could provide foreign support, but they wanted the Militia Corps gold as collateral. Deng Chenggong knew that financial warfare was their specialty, so he quickly rejected their so-called support with bad intentions.
When the gold and silver were calculated to support the 100 million silver coins of the People's Bank of China, Deng Chenggong began to order the major cities in the liberated areas to officially issue paper money.
Considering that the ocean had the largest circulation rate in China, Deng Chenggong proposed to exchange paper money for a piece of ocean. The first batch of RMB made was 50 yuan, and the smallest ones were even a cent. Moreover, the first trial of paper money was the army in the militia corps and the direct factories.
Some people who thought that banknotes were unreliable at first, but still felt that gold and silver were more reliable to collect them. When they saw them taking oceans and even gold and silver to buy things on the street, they told him not to collect them. Even if they had to pay, they had to convert a little more. Finally, they were unwilling to see the depreciation of the gold and silver that had been accumulated fortunately, and they ran to the newly opened People's Bank of China nearby to exchange them for silver coins.
It is precisely because most liberated areas now rely on military governments for their meals, and the army completely prohibits the circulation of the ocean. In order to make money, these people can only start using these exquisitely crafted and inconsistent denominations as much as possible. In this way, after the scope of use of the RMB was expanded, Deng Chenggong suddenly discovered that these seemingly poor people in the liberated areas had a lot of gold and silver in their hands. The 100 million banknotes from the Huahang were circulated for less than a month. They were completely exchanged.
With the exchanged gold and silver as reserves, Deng Chenggong could naturally print 100 million banknotes for circulation in the liberated areas, so that the militia corps would invisibly add 100 million more funds to use. Even domestic vendors who had been doing business with them realized that the RMB did not seem to be as depreciated as the banknotes printed by the Kuomintang, they began to consciously accept banknotes rather than those valuables that caused trouble. This invisible penetration caused the circulation of RMB to expand from the liberated areas of the militia corps to other provinces in China.
When the Kuomintang saw the people in its ruling areas, they began to believe in the strength of the RMB and were unwilling to accept the banknotes that occurred to them, they felt that something was wrong, but they did not dare to blame the militia. After all, the militia corps today is strong, and they didn't even drive away the Japanese on the territory. How could they easily offend this militia corps with army and wealth?
After the funding problem restricting the development of the militia corps was relieved. Deng Chenggong also opened the People's Bank of China in the county towns of Sandong and Nanhe according to the agreement reached by the People's Party. Perhaps because the RMB is very appropriate to the People's Party, the circulation of RMB in the People's Party's liberated areas was not at all, and it was surprisingly smooth.
Even the dividends earned from the People's Bank of China every month made the People's Party, which had won the second province but was in a fiscal crisis, finally had a stable source of income. In addition, Deng Chenggong's assistance to them, the People's Party, which had been exploring for a period of time, carried out military and political work in the second provinces smoothly. Even some people took advantage of the industrial foundation retained by the Japanese, and gradually got rid of the shortcomings in funds through this form of trade as much as possible.
Just as China and the Japanese were hiding their energy to prepare for a war that would start sooner or later, considering the convenience of command, Deng Chenggong also began to slowly transfer some departments that did not need to be kept secret to Peking. This is the capital of later generations, which was also called the new headquarters of Deng Chenggong, the commander-in-chief.
Because they had not experienced the war, some ancient buildings in Peking still had to be preserved, and the work of rebuilding soldiers began to begin quickly. Some people who had fled from Peking before returned to the city one after another after receiving the news of the liberation of Peking. Even Deng Chenggong, who had previously moved to North China, relieved the pressure on the education district, finally instructed that except for the Militia University, the other branches began to move back to Peking one after another to increase the importance of Peking in the Militia Corps.
The originally bombed Beiping Airport was also repaired as soon as possible. It temporarily stopped at the temporary airport in Tiangui, so it naturally moved here quickly. As the air defense mission in Beiping, the Beiping defense divisions drawn by the various security brigades also began to take on the city defense force in Beiping. In addition, Beiping is under the protection of Tiangui and the other three major military sub-districts, it can be said that it is still very safe. As the command headquarters of the commander-in-chief, it is still very suitable.
After the post-war reconstruction and restoration work was done well. After Deng Chenggong arranged his work to everyone, he also began his frequent guidance work to the grassroots level and to the countryside. As much as possible, the influence of the militia corps was rooted among the people in the second place. Looking at the increasing smiles on the people's faces, Deng Chenggong was in a good mood every time he returned from the inspection.
Until Fu Zuoyi, who was in charge of inner and outer Mongolia, sent him a telegram saying that Yan Laoxi wanted to meet him. Deng Chenggong saw this name and felt that it was time to drive away the Japanese devils in Jin Province. Now Nanhe has become a liberated area of the People's Party, and the Japanese devils who stayed in Jin Province looked a little disgusting. If they don't liberate it, it will be a disaster sooner or later.
Chapter completed!