Chapter 177 Collapse (55)

November 11, the fifth day,
morning,

The Central Finance and Economics Committee of Daxia once again raised the stakes.
Not only did they mobilize the trucks of He Yuzhu and other city departments, but they also pulled out the vehicles of the Beiping garrison and the horses of the cavalry division.
The order given to state-owned stores was to supply supplies all day long, and the people and speculators could sell as much as they bought.
Prices also fell again.

As a series of trucks and military horses shuttled back and forth in the city of Peking, the commercial war between the two sides entered its most intense moment.

morning,

On the way back to Chaoyangmen from Li Wenjing's store with an empty truck to pick up supplies,

When passing by Xijiaomin Lane, He Yuzhu clearly saw a long line of luxury cars parked on the street outside, and dozens of businessmen in suits and ties going in and out of various banks.

Seeing those businessmen, He Yuzhu said to Ye Dapeng in the passenger seat with a smile,
"Brother Dapeng, look,

Those merchants have spent all their own money and are now looking for foreign companies to mortgage their assets!"

Ye Dapeng also noticed the situation outside at this time.
Seeing that those speculative businessmen finally couldn't help but start borrowing money, I felt very happy.

"Well, it's time to deal with these guys.

Let them jump up and down all day long!

Zhuzi, how much wealth do they have? How much money can they borrow from these foreign companies?"

Hearing Ye Dapeng's words,
He Yuzhu shook his head when he thought of the outrageous demands made by the foreigners to maintain their existing privileges in Daxia.

"Brother Dapeng, maybe what we should look at now is not how much wealth those speculators have,

I think these foreign companies will fully support them.

This battle will become more and more intense.”

When Ye Dapeng heard He Yuzhu say that those foreign companies would fully support the speculators in the city, he did not take it seriously. The mountains of supplies in the warehouse gave him strong confidence.

"If those foreigners dare to get involved in this,

Then clean them up together.
We have even taken away the Saxon purple quartz on the battlefield, so why should we be afraid of their merchants? "

"That's right, no one can help this time, not even the foreigners!"

It must be said that the capital of these foreign companies was really amazing, which allowed the speculators who were originally running out of funds to survive for another 7 days.
As the supplies stored by the Central Finance Committee gradually dwindled, the funds in the hands of speculators and foreign companies also began to dry up.
By the time the market ended on December 12, the speculators in Peking had not yet failed, but they no longer had the confidence they had before.

After summarizing the situations of all parties, a businessman said tremblingly,

"President,
Based on the news from Songhu, Jinling, East Guangdong, Chang'an, Tianjin and our Peking,
In the 11 days from November 25th to today,

We have already purchased from the State Council more than 3 million catties of grain, 250 million pieces of cloth, 5 pieces of cotton yarn, and a corresponding amount of other materials;
Because the Government Affairs Council continued to reduce prices and sell off for the next 9 days,
The current grain and cotton prices have plummeted by 11% compared to the initial price on November 25;

At the same time, since we have been completely dependent on the funds from the foreign bank these days, the daily interest rate on the loan has soared from the initial 12% to 100%.

Interest rates are expected to increase;

More importantly, the various liberated areas were like bottomless pits, with supplies being continuously transported in by train;
This means that we have to make a decision now. If we delay for a few more days,
Even if we really win against the State Council, we can only destroy the economies of several large cities if we want to make back our money.

By then, the State Council will definitely not say anything about being upright.
It will kill us.”

After hearing these data, especially that it would take the collapse of several large cities to make a profit,

The profiteers below were all dumbfounded.
The president of the Chamber of Commerce smashed the wine glass in his hand and started swearing.
"C! We were fooled by those foreign devils. We worked so hard to prepare for so long, but at the last minute, they let these foreign devils take advantage of us!"

After hearing what the Chamber of Commerce president said,

The younger brother below couldn't help but smile bitterly.
"We didn't expect that the Executive Yuan had such strong control over the various liberated areas. With just one order, they could continuously transfer various materials from all over the place. This has never happened before when we targeted the Executive Yuan."

After hearing what his businessmen said, the Chamber of Commerce president was extremely dissatisfied with the Executive Yuan's incompetence for the first time.

If they had failed in the gold yuan reform,

Now they certainly don't dare to have such big ambitions, and actually come out to confront the State Council.
"Executive Yuan!

The Executive Yuan is shit!

Not even worthy of carrying shoes for the State Council!
Even if the Executive Yuan were to withdraw military rations, it would not be able to provide a fraction of the food that the Executive Yuan sold to us this time.

Not to mention that they are still transporting supplies into the city continuously,
Even with the most conservative estimate, the State Council still has as much supplies as we are consuming now, or even more.
The Executive Yuan should compare its head with it!"

Hearing that the State Council may still have more than 3 million catties of grain, 250 million pieces of cloth, and 5 pieces of cotton yarn,

These profiteers were all terrified.

"President, if we hadn't signed a humiliating agreement with those foreign companies these days and asked them to help us with all their strength, we would have lost two days ago.

After dealing with foreign companies for so many years, we have a rough idea of ​​how much money they have.

Now even if they go down in person, they can't eat so much supplies.
What shall we do now? "

At this point, some people were scared to death, while others were aroused and said directly,

"President, if we delay this any longer, even if we lose everything, we still won't be able to pay the interest to the foreigners.

We can't defeat the Executive Yuan.

As the saying goes, a friend dies rather than a poor man dies.

Why not just start selling off the food now and then simply refuse to pay back the debt?

Now is not the same as before, we can hide in the countryside and the foreigners can't find us!"

Hearing the younger brother say that he wanted to withdraw, the president of the Chamber of Commerce couldn't help but be moved.

Now there are three paths in front of us.

If I drag it out and lose, I will probably be skinned alive after owing so much money to the foreigners;

Either they drag it out, win, and raise prices drastically, causing public outrage, and then let the State Council enforce justice;
Either sell it now and there is still a chance to get out.

But even if he wanted to run away, he would have to do it skillfully, so the Chamber of Commerce president was cunning at this time and also came up with a "I would rather die than let my friend die",
"Okay, after this incident, we have already offended the State Council.

If I offend the foreigners again,

This world is so big that I'm afraid there is no place for me to stay.

Let’s just wait a little longer. At worst, after we win, we can just hand over all the supplies to the foreigners and let them deal with it themselves.”

I heard that the president of the Chamber of Commerce wanted to wait a little longer.

Most of the unscrupulous businessmen began to think about their own escape routes with gloomy faces. No one wanted to be buried with a ship that was destined to sink.

December 12, Day 5,
In the early morning, before the state-owned stores under the Central Finance Committee opened, those profiteers began to sell off supplies at reduced prices.
It turns out that the Chamber of Commerce president is not the only smart person, everyone has his own little calculations.

(End of this chapter)