Chapter 980: Forced by the Situation (Page 1/1)

This is indeed a high reward, but it is also indeed a high risk! Hu Guangyong agreed very much in his heart, but he did not dare to rashly express his position, the implementation of the gold standard in the Qing Dynasty was imperative, and how to deal with the extremely large amount of silver was a very thorny problem in front of them.

Nowadays, international trade is settled in gold, and the same is true of trade between the Qing Dynasty and other countries, and the best and most convenient way to let silver flow out is to sell it in the international market, and the implementation of the gold standard in Germany is to sell a large amount of silver in the international market and exchange it for gold.

However, Germany could do this, but the Qing Dynasty could not, because the amount of silver in the Qing Dynasty was too large, and if it really wanted to sell it internationally, it would inevitably cause panic, causing the price of silver to plummet, and they could not afford to lose.

There is no doubt that this economic crisis is the best opportunity for the Qing Dynasty to flow huge amounts of silver, the United States is a composite standard of gold and silver, silver is legal tender like gold, and the United States is in dire need of capital injection, even if it understands that the huge inflow of silver will bring huge trouble in the future, it will consider accepting it in order to survive the current crisis first.

The problem is that the risk of doing so is too great, which is tantamount to misappropriating the deposit for the issuance of banknotes, which is very serious in nature, and once the news leaks, it will affect the reputation of Yuanqi, not to mention, it will also cause an unprecedented run!

After pondering for a while, he pondered and said: "If the huge amount of domestic silver can flow out smoothly and be exchanged for gold, securities or other assets, it will undoubtedly greatly shorten the time for our country to implement the gold standard, this is indeed a rare opportunity, but the risk is indeed not small, whether it is domestic or foreign, there are many people who hope that Yuanqi will go bankrupt, once the news is leaked, how do we deal with it?" ”

"If you don't think about winning, you should lose first, this is the style of a general." Yi Zhishu smiled and affirmed, and then said: "We should change our thinking, we are not misappropriating the deposit of paper money, but gradually replacing silver as a margin with gold, in preparation for the advancement of the gold standard."

We can first guide public opinion and set a time for the implementation of the gold standard, so that the government and the opposition know that Yuanqi is about to implement the gold standard, and in addition, we can exaggerate the output of South Africa's gold mines, so that the government and the opposition can believe that Yuanqi has the strength to implement the gold standard. ”

Speaking of this, he smiled, "It's not an exaggeration, in fact, the production of the Transvaal gold mine has a lot of potential, as long as enough machinery and manpower are invested, the annual output of 100 tons can still be greatly increased year by year."

As long as the government and the opposition are convinced of these two points, even if the rumors leak out, the problem is not big, and it can be completely explained that this is the need to implement the gold standard. ”

Zhao Liewen said: "The people are only concerned about whether the paper money in their hands can be exchanged for cash at any time, and they are not much interested in implementing the gold standard, after all, China has used silver for hundreds of years. ”

Yi Zhizhi said: "People should always care about whether the money in their hands will depreciate, right? It is an indisputable fact that silver is gradually depreciating. ”

Hu Guangyong said slowly: "As long as the correct guidance of public opinion can be carried out, it is not difficult for the people to accept and agree with the gold standard. ”

Hu Guangyong, who saw it, also agreed, Zhao Liewen couldn't help but be a little anxious, this is not a trivial matter, once it gets out of control, it may lead to the collapse of the entire Yuanqi, what will happen if Yuanqi is run out of bankruptcy and collapse? He couldn't imagine it.

After glancing at Hu Guangyong, he said in a deep voice: "Everyone has selfish intentions, even if the government and the opposition agree with the gold standard, once the news spreads, it will still cause panic and a run.

The strength of the Qing Dynasty is completely based on the foundation of Yuanqi, Yuanqi can't tolerate the slightest mistake, how can he make mistakes one after another? At present, all countries need to be in the midst of a financial crisis and economic crisis, as long as our country can avoid suffering a big ripple, it is enough to catch up. I also hope that the big shopkeeper will think carefully. ”

This can be described as a serious remark of the old man, Yi Zhizhi did not refute it, lit a cigarette and smoked two puffs before he spoke: "It's not that I'm anxious, but the situation is compelling, and silver mines have been frequently discovered in North America in recent years, especially in Mexico and the United States.

Needless to say, Mexico has always been a big silver producer, the United States also discovered a large silver mine in the year before last, with a production of up to 10 million taels a year, with the development of industry, silver mining technology is also constantly upgrading, steam drilling, mining, dehydration has been very common, the world's silver production has also continued to increase, before the global silver production was only 40 million taels a year, now it has reached 80 million taels, and continues to increase.

In addition, after Germany implemented the gold standard, it vigorously implemented the gold mark in Europe, which will inevitably stimulate European countries to implement the gold standard, and in my estimation, it will only be two or three years at most, and European countries will implement the gold standard one after another.

Once the European countries successively implement the gold standard, the price of silver will inevitably plummet, and may even be cut in half, even if Yuan Qi is rich, it is difficult to bear such a huge loss.

Therefore, we must take advantage of this economic crisis to transfer silver out and then implement the gold standard before the countries of the West, not because I am in a hurry, but because the time is running out! ”

Hearing these words, Zhao Liewen was suddenly silent, if the price of silver is cut in half, the loss will be hundreds of millions, such a huge loss, even Yuan Qi will hurt his muscles and bones, and he muttered slightly before he said: "Can you sign an agreement with the United States to exchange silver for gold ........" ”

"That's a good idea." Yi Zhishu said with a smile: "The dirt inside the door is confusing to outsiders, who knows if the gold from the United States has been shipped?" ”

Hu Guangyong also smiled: "In this way, there is no need to hide it, you can export silver openly." After a pause, he said, "However, the exchange ratio of this agreement is slightly higher, otherwise it is easy to be suspicious." ”

"This is natural, and the fake show must also be real." Yi Zhizhi said: "Now the gold and silver exchange ratio in the international market has dropped to 1:20, let's directly increase it to 1:25!" And the amount can't be too large. ”

Two days later, the carriage of the US Consulate drove into the Zhennan Mansion again, Wei Sanwei stepped out of the carriage with a smile on his face, quickly greeted Yi Zhishu who greeted him at the door, and stretched out his hand and said with a smile a few steps away: "There is a saying in your country that adversity sees the truth, and it is an honor for the United States to have such an ally as your country." ”

The smile on Yi Zhi's face was very faint, and he shook hands and said, "This is a good thing for both of us and us, but this matter is not ....... risky. As he spoke, he stretched out his hand and said, "Let's go into the house." ”

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