Beiyang reactionaries

Li Jishen nodded.

Of course I understand.This time, it was only because of a major earthquake in Japan that we took a step back.When Japan overcomes the current difficulties and regains its vitality, it will inevitably wash away this humiliation.

Just as the Chinese regard the Sino-Japanese War as a disgrace, Japan will also regard this failure as a disgrace.No one in Japan will think that they lost this war.

At that time, there will inevitably be a war between the two countries.Even if Japan does not come to fight China, China will definitely have to fight Japan in the future.After all, Taiwan is still under the control of Japan, how could Duan Xun let go of such a large territory.

So it's the same sentence.

It is impossible for China and Japan to end the war until one side really falls.It may be five years later, it may be ten years later, and it may be 20 years later. Anyway, there will definitely be a war between China and Japan.The "Sino-Japanese Nanjing Treaty" signed now is only a temporary armistice agreement.

Both China and Japan understand this.

"The future battlefield between China and Japan, the Northeast is still the most important battlefield. So I decided to establish the Northeast Military Region in the Northeast, and prepare to fight a protracted war with Japan in the Northeast. Your military department should make plans for this as soon as possible. Of course Not only the Northeast Military Region, but also the division of regions across the country, creating different military regions to undertake different military tasks. It is a new reorganization of the whole country. Your military department has heavy tasks.”

"Yes, we will start working on this from now on."

"it is good."

397

"How much do we still owe the Japanese?"

There is also a lot of aftermath work.

Starting from the army, there are so many casualties of officers and soldiers who need pensions.There are also people displaced by the war, helping them settle down.There is also a large Japanese army to retreat and slowly return the place to China.

The Chinese troops are taking over the territory given up by the Japanese army one place at a time.

Be careful though.

Only by taking a step back from the Japanese army can the Chinese army be able to move forward.This is a very delicate takeover, because once the handover is careless, it is easy to cause some conflicts again.

In addition, although the "Sino-Japanese Treaty of Nanjing" was signed, the two sides still have many problems to be resolved.In particular, the two sides must clearly distinguish which industries Japan needs to return to China unconditionally, and which industries are legitimate businesses of Japanese businessmen.

Discussions about these parties are intense.

Because this is a matter of money, and it's not a little money, it's a lot of money.Of course, China hopes to confiscate all Japanese property and make it all Chinese property.The Japanese side strongly advocated that their industry in China is a legitimate business practice, not unjust enrichment, so the Chinese government should not confiscate it.

The debate raged.

Both sides want more benefits.

But Duan Xun has a big principle.

That is, the minerals currently owned by Japan, as well as the railways they operate, must be returned to China unconditionally.Because these are Japan's unjust enrichment, and they are all Chinese assets.And some light industrial factories, such as textile mills and flour mills, can be regarded as the legitimate property of Japanese businessmen and can be returned to Japanese businessmen to continue to operate.The Chinese government supports and protects the legitimate assets of these Japanese businessmen.

This part of the negotiations will go on for a long time.

It is precisely because there are too many aftermath tasks that all departments have to be busy with what they have to do.The military department has to be busy with its own affairs and with the affairs of the army, especially the reorganization of the army and the compensation of casualties.The cabinet has many other aftermath tasks that need to be discussed one by one.Now the discussion is about the lifting of the ban.

With the signing of the "Sino-Japanese Treaty of Nanjing", the Japanese side asked China to lift the ban as soon as possible.Because Japan now needs disaster relief and needs a lot of things.

This includes the need for China to export coal, the need for China to export grain, the export of daily necessities, and so on.The entire Kanto area was turned into ruins due to the earthquake, and the supplies needed for disaster relief were not a little bit.

At present, only China can quickly provide materials to Japan and raise materials on a large scale.

Therefore, after signing the contract, the Japanese representative began to urge China to lift the current ban.Quickly allow Chinese goods to be exported to Japan.

"So far, excluding loans from private institutions, our government owes the Japanese government, Bank of Japan, Japanese companies, etc. a total of 6 silver dollars. If some private loans are also included, it is estimated that there will be 4358 million silver dollars about."

"There are so many more?"

Duan Xun smiled bitterly.

Duan Xun had already lost so much money, but he didn't expect to owe Japan so much money.One can imagine how much China owes Japan, and how much Japan has used in loans over the years.Wang Yongjiang said: "Prime Minister, because we have borrowed money from Japan too many times, we have accumulated more and more debts. We have borrowed money from Japan for more than 30 years. The imperial court began to borrow money from Japan at the end of the Qing Dynasty. Later, after the founding of the Republic of China, successive governments have borrowed a lot of money from Japan. The interest rate of the money, and we have borrowed a lot of money from Japan since Sichuan, so it has become so much. If it is not this time we eliminate it then There are so many debts, and I don’t know when the money will be repaid. The annual interest is very amazing.”

Yes.

This is why the government of the Republic of China has always been able to rely only on the great powers.I owe too much money, and when I can't pay it back, I can only take a loan from another bank, and then use the loan money to pay off the debt.

But getting a loan in this day and age is very difficult.

If you borrow 7000 yuan, you will get about 20.00 yuan in the end.Because those banks still need your rebates, you need to return 70.00 to 80.00 to the bank for a loan of 70.00, and a [-]% to [-]% rebate is the unspoken rule of loans in this era.When adding a loan, various fees are deducted, including handling fees.In the end you can get [-]%, [-]%, which is pretty good.That is to say, if you borrow [-] yuan, you can get [-] to [-] yuan in the end, which is quite good.Because China is in a hurry and does not have much strength, it can get up to [-]% of the borrowed money in many cases.

But what?

They don't care how much money you get, the interest will still be paid at the rate of [-].And the loan interest in this era is usury.With compound interest, it will double in a few years.

With such high interest rates, the debt of the Chinese government has not decreased at all, but has continued to expand.Counting from the end of Qing Dynasty, the debt of the Chinese government has been increasing.

It is precisely because of this that the Chinese government can only mortgage this and that in order to borrow money, and then tear down the east wall to make up for the west wall.The final situation is that the demolition of the east wall has been completed, and the west wall has not been completed.At that time, we can only tear down other walls.

Therefore, in the end, China's economic lifeline is in the hands of these great powers.

Customs duties are mortgaged, salt tax is mortgaged, tobacco and alcohol tax is mortgaged, tea tax is mortgaged, and minerals are mortgaged.If all the good things are mortgaged, how can China have the opportunity to continue to develop.

Duan Xun has done a good job.

But still owed so much money to the Japanese.In fact, it is not only money owed to the Japanese, but also a lot of money owed by the Chinese government to European and American banks.

"It's not easy to pay back so much money."

Duan Xun sighed.

Although a lot of money was wiped out, there is too much money left now.If Duan Xun really wanted to renege on all the debts, he would not pay them back.But Duan Xun can't do this.

Since the beginning of the great voyage, the world is no longer isolated.

It is easy for Duan Xun to rely on Japan's debts, but the credit of the Chinese government is gone.Although Duan Xun hates the big powers, Duan Xun's goal is not to be closed, but to integrate into the current world.

If the credit is completely gone.

Who will believe Duan Xun in the future? Duan Xun still hopes to cooperate with European and American countries.Hope to introduce more investment and more technology from European and American countries.So Duan Xun will not admit the compensation, but Duan Xun must admit the loan.

But so much money?

How much is the annual interest?

About 7000 million silver dollars have to be paid in interest every year, how much is this.Moreover, in addition to the interest, the capital has to be repaid every year, which means that more than [-] million silver dollars have to be repaid every year.

Even if it is repaid like this, it will take more than ten years to repay it.Now China's annual fiscal revenue, plus customs revenue, exceeds one billion silver dollars.

Hundreds of millions of dollars have to be repaid every year, and with the addition of loans from European and American countries, the proficiency in repaying the money in a year will be even more.

The financial burden is too great.