Chapter 192 Issuance of Public Debt (55)

He Yuzhu has no control over whether those rich people jump off buildings or not.

Anyway, those who died were not good people.
But when He Yuzhu heard Ma Yukuan say that their deaths were related to the foreign companies' plan to auction off the shares of factories and shops, he was slightly stunned.
Then I reacted.

It is not difficult to understand if you think about it. Those foreign companies are all engaged in finance. It is useless to have so many physical factories and stores.

And those speculators obviously know this, so they are still struggling desperately.
It would be better if the foreign company could hand over the factory to them for management.
You will eventually find a solution.

But Daxia's Government Council was clearly one step ahead. It set up a trade union in the factory to solve the ownership problem, and also set up a Federation of Industry and Commerce to solve the management problem.

Directly shut down those foreign companies,
This forced them to auction off those shares, recover some of the cash and stop the loss in time.

But at this time, those speculators obviously had no money and certainly could not buy back the factory. In desperation, most people went to extremes.

But those foreign companies will not be able to get away with it.
After all, after 46 years of acceptance, legal tender, gold yuan coupons, and this grain war,

In the city of Beiping today, apart from the wealthy people represented by the Lou family, who neither fled to the south to be harvested by the bald heads nor participated in this grain speculation,
There are no rich people at all.

Even if those foreign companies sold all their shares in factories and shops,
It is estimated that not much cash can be recovered.

He first thanked Ma Yukuan, then listened to their conversation for a while outside the crowd. Not seeing anything new, He Yuzhu continued skating.
As for those wealthy businessmen who jumped off the roof,

He Yuzhu is not interested.

The Beijing Military Control Commission only gave a symbolic look into the matter and then did nothing more.

A few days later, the auction held by the foreign company began.

Just as He Yuzhu thought,
The attendees were either staff members of the Peking Military Control Commission, or wealthy people in the Federation of Industry and Commerce, or guys like Yu Deshun who had pledged their allegiance and therefore had not yet been cleared out.

And these people can basically be considered as one wave,

Therefore, the auctions of foreign companies seemed unusually harmonious, with no competition at all.
After suffering several losses, the foreign company immediately cancelled the auction, and almost all the shops and factory shares were left in its hands.

The time came to January 1950, 1.
This morning,

Not long after He Yuzhu arrived at the branch, he heard Lin Zheng calling the police officers of the branch to assign tasks.

The core meaning is only one, which is to take back the barracks in Dongjiaomin Lane.

This time, not only did the foreign company not have time to sell off its shares in factories and shops, but the foreign company itself was also taken over by Daxia.
The foreigners were only allowed to leave with their simple luggage.

By this time, almost half of the industry and commerce in all of Daxia's large and medium-sized cities were controlled by the State Council.

The remaining big businessmen,

Almost all of them actively support the Executive Yuan.

For example, the Lou family in Peking and the Rong family in Songhu, who stood on the side of the Daxia Government Affairs Council in the cotton and grain war.

When the economy is in order,
The State Council officially issued the first bond in Daxia's history, the "People's Victory Discounted Bond".
Because the bald man issued a lot of government bonds and war bonds during the war, the bonds had no credibility among the powerful local wealthy groups.

Therefore, the government officials have mobilized almost all the forces that can be mobilized.

Adopt a comprehensive mass mobilization campaign to persuade people to buy.

Even the Public Security Bureau, a powerful unit responsible for maintaining social order, was assigned tasks.
At this time, He Yuzhu was standing below.

I watched as Lin Zheng gathered all the staff of the branch and began to arrange the task of promoting the "People's Victory Discounted Bonds".

“Comrades, through everyone’s efforts, the State Council has completely defeated the largest speculator force in our building, expelled the foreign companies, and regained control of Daxia’s economy.

Although the war is not over yet,

However, the focus of the State Council's work has shifted from the war to restoring the economy, resuming production, and carrying out the construction of Daxia.

The construction of our Daxia requires a lot of financial support.

Therefore, the State Council issued the "Victory Discounted Bonds" to raise funds from businessmen in the industrial and commercial circles of large and medium-sized cities, and wealthy families in cities and villages.

Our mission is to

is to cooperate with the staff of the Military Control Commission, the District Office and the Street Government,
Go deep into every district, every street, every alley; every county, town, and village; sell discounted government bonds to the local wealthy households,
Raise construction funds.

Because the bald man had issued various bonds and currencies indiscriminately during the war in the past few years, he had plundered a large amount of wealth from the people in the city and the countryside.
So our sales mission this time is not so easy to accomplish.
I hope everyone will be mentally prepared, overcome all kinds of difficulties, and cooperate well with the work of comrades.

Next, assign tasks..."

Lin Zheng's words made it very clear.

The task of the Public Security Bureau is to fully arm and protect the staff who go deep into the towns to carry out propaganda.
Avoid them from being harmed by bandits, bullies and local tyrants along the way.

Since there is a possibility of fighting,

It was natural that Lin Zheng would not allow He Yuzhu, a 14-year-old activist, to leave the city.

Seeing that I had nothing to do with the mission of going to the countryside for propaganda,
He Yuzhu also started to desert.

I think of the ancestor of bonds, the Victory Discounted Bonds, and its descendants.

In fact, Daxia in later generations also issued quite a lot of bonds, and the returns on 30-year and 50-year bonds were actually very high.

Now the people of Daxia have no money.
Therefore, unlike the fact that the main sales target of "Victory Discount Bonds" was the wealthy group, the sales targets of high-yield bonds in later generations have always been all citizens of Daxia.

It's just that most ordinary people don't care much about this thing.

Secondly, they cannot tolerate the extremely long redemption period.
The third is that even if they want to buy, they cannot compete with those big companies and groups.

What ordinary people can really buy at will are some packaged bond funds.
As for the returns from buying funds, they are just so-so.

Soon, Lin Zheng finished arranging the tasks, the soldiers received their equipment, and then went to meet up with the staff sent by other branches and the Military Control Commission.

He Yuzhu strolled back to the office and started to deal with some work. After finishing his work, he went home directly.

Widow Bai gave birth to her son He Jianguo at the end of December.

I am currently in confinement.
Because it was not very convenient, the He family basically moved their living space to the east wing in the front yard.

When He Yuzhu returned to the courtyard, He Daqing was cooking at home.
Seeing that He Yushui was not in the house, He Yuzhu asked casually,

"Dad, where's Yu Shui? Is he in the middle courtyard again?"

"Yushui, Qingshan, Zhaodi and the others are all in the middle courtyard watching over Jianguo. We'll call them when we have dinner."

When talking about his youngest son, He Daqing's face was full of happiness.

(End of this chapter)