Beiyang reactionaries

Duan Xun worried that once he touched the bank and the stock exchange, there would be a big impact and a backlash.Those people are very powerful, and Duan Xun has always been really worried that something big will happen.

But now it's time to make a move, and many things can't be dragged on.If you keep procrastinating, you will continue to accumulate conflicts, and you don't know when they will explode.

And as long as you do it, there is bound to be confusion.So at this stage, Duan Xun doesn't want to make a big deal happen.

Of course, another reason is that if Duan Xun doesn't do anything, these people will always be unable to let go of their psychology.They didn't dare to have too much resistance to Duan Xun's next move.

This is a good thing.

Because of the financial reform and the reform of the stock exchange, the first thing to move is the interests of these Jiangsu and Zhejiang consortiums.

"Premier Wang, you arrange it. One-tenth, just one-tenth. I didn't confiscate their property, I already let them go."

"Yes."

Wang Yongjiang is in a good mood recently.

Although the war cost too much money, and stalled many original plans.But with the end of the war, the Chinese government's finances quickly improved.

why?

Because of receiving too many properties.

Starting from the confiscation of the Kailuan Coal Mine, a large number of assets in Japan were confiscated by the government.In particular, Japan has so many minerals and so many factories in China, all of which have been taken down by the government.

All these confiscated assets add up to more than three billion silver dollars. In particular, so much Japanese property in the Northeast has been confiscated, which is more than five times the current fiscal revenue of the Chinese government.

And with the control of customs, the current customs revenue is all controlled by the Chinese government.Of course, what will happen in the future, the Chinese government still needs to negotiate with the big powers.But for now, those customs revenues are under the control of the Chinese government.Now the annual tariff of Chinese customs is very high, almost as much as the fiscal revenue.

This alone can give amazing financial support.

It's even better now.

Because of the use of previous indemnities, a large amount of Japanese loans were waived.This time, it collected a large number of war bonds issued by Japan, which can also offset a large number of Japanese loans.

Wang Yongjiang did a simple calculation.

According to this plan, it is estimated that the debt owed by the government to Japan will be reduced to about [-] million silver dollars in the end.If it is this amount of money, it is not a difficult debt for the Chinese government to repay.

Regardless of what happened in the past, the current government has taken a lot of advantage.

Because the Chongqing Iron and Steel Plant, Handan Iron and Steel Plant, Tangshan Iron and Steel Plant, Baotou Coal Mine, and Beijing-Baotou Railway (Beijing to Baotou) built by Duan Xun were all built with Japanese loans.

There are also many power plants in China at present, which are also built by purchasing Japanese machines with Japanese loans.

What now?

have become Chinese assets.

How could Wang Yongjiang, the deputy prime minister in charge of the economy, be unhappy?In the past, these assets belonged to the British and Japanese.Now all of them have become government assets, which will greatly improve government finances.

Especially some of the factories and properties that do not need government control, the government can sell them to raise a lot of money.

"Let's continue talking about the bank. President Zhang, keep talking."

"Yes."

financial meeting.

Duan Xun, Dai Kan, Wang Yongjiang, and Yang Yongtai participated, as well as Li Sihao, Minister of Finance, Song Hanzhang, Director of the Ministry of Commerce, Li Zhanyang, Director of the State Administration of Taxation, and Zhang Jiaao, President of the Bank of China.

"At present, the biggest problem for banks in various regions of the country is that they are too many, scattered, and chaotic. According to our Bank of China survey, there are more than 200 banks in the country. There are more than 300. If you add companies similar to banks in some places, no one can count how many banks there should be in the whole country.”

many.

Don't know how many.

There are more than 200 banks with a banking license alone.

What scale is this.

Except for some big banks, some small banks are completely unnecessary.But there are so many banks in China now.

"The second is scattered. Almost every place has its own local bank. And every local bank, the local government attaches great importance to it. This has resulted in a local bank. These are okay, at least the local The government supports it. But there are still some small banks scattered all over the place, which are not actually banks, but more private banks.”

"kindness."

Duan Xun nodded.

Duan Xun also knew this.

This has something to do with the fact that there were too many local warlords in the late Qing Dynasty and after the founding of the Republic of China.Every warlord has his own bank.The big warlords opened provincial-level banks, such as Bank of Jiangsu, Bank of Zhejiang, and Bank of Fudian.

The Southwest Commercial Bank established by Duan Xun in Chongqing, which is now the Commercial Bank of China, is actually a local bank.It's just that with the increase of Duan Xun's strength, the bank has spread from Chongqing to the whole country step by step, and now it has become a national commercial bank comparable to the Bank of Communications of China.

In addition to these banks, there are many regional banks.Because not all warlords are provincial warlords, there are still many small warlords who only control territories of a few hundred thousand people, and there are even smaller warlords.In order to raise funds, they also set up a bank in their own place.For those warlords, banks were not about stabilizing local finances, but about financing themselves.

After Duan Xun came to Beijing, he did not have time to completely clean up those local banks.Although some have been sorted out, there are still many left.

So there is the result now.

"The third is chaos. Although the government has some provisions on banking supervision, they are basically superficial and useless. Moreover, our bank provisions are too general and useless at all. In addition, everywhere We have our own way of dealing with banks, so our bank terms are useless now. Now each bank follows its own model, and develops as it wants. It develops as it makes money. The result is that the development of these banks is very They are disorderly, without any sense of risk, and it is difficult for them to survive any problems. When I went to Shanghai to investigate, I found that some banks seemed to be developing well, and they made a lot of profits every year, so the dividends were still high. But In fact, there is not enough money in the bank at all, and once a large amount of withdrawal is encountered, there is simply not enough funds for payment.”

"Then how do they deal with large withdrawals?"

"Merchants in Jiangsu and Zhejiang still have a way to do this. Many of them form a chamber of commerce according to their region, and their banks also adopt a cooperative approach. Once a certain bank withdraws a large amount of money, but there is not enough money in hand, other banks will They will support him. Using this method to form a group makes them very strong and has the support of many customers. They rely on this model and they are very strong in the Shanghai financial market."

Very strong.

The reason why the Jiangsu-Zhejiang Consortium is strong is because of this cooperation model.

Such as the Ningbo Gang.

The reason why they have become a pivotal force in Shanghai is because they do business in groups like this.Once any family has something to do, their other people will cooperate to help.

"These banks are still good, because they have good credit and relatively strong strength. But there are still some banks that are purely for raising funds, just for defrauding money. Many bank bosses cheated people to deposit a large sum of money. , will take the money and disappear. Because no one cares, so there are many such things.”

Zhang Jiaao's investigations across the country are still very detailed.

"There is a problem. How do you think the Bank of China will rectify it?"

"Combine, strictly, manage."

"Tell me carefully."

"Prime Minister, we at the Bank of China believe that there are too many banks in China and they are too scattered, which is not conducive to unified management. Therefore, the first way is to merge and merge all the banks that need to be merged."

"Where to start?"