Chapter 60: Wise
In the face of Sun Yat-sen's reaction, the hope in Wang Jingwei's eyes was extinguished.
He did not understand why Sun Yat-sen could not see such a good opportunity to re-establish an area under the control of the Chinese Revolutionary Party. I sighed in my heart.
"Sir, if there is nothing else, then I'll go and run errands!"
Sun Yat-sen nodded and looked at Wang Jingwei's back wordlessly. In his heart, in addition to fear, there are also some regrets. With this in mind, he walked to the door of his office and reached for the curtains.
On the opposite side, a steel and concrete building under construction is under rapid construction, and even through the window he can hear the roar of machinery coming from the construction site opposite.
There is no scene in the construction site that can often be seen in the early Republic of China, where there are many people and few machines on the construction site in China. Here, almost everything is done with a variety of machines.
"Is it a smart move for China to have the world's largest population, but to develop a society that uses machines to take jobs from people?"
This is the concern of some economists of the Chinese Federation at this time. This trend of thought has not only aroused the concerns of scholars who have studied economics in China, but also some scholars who have returned from abroad.
On this point, Sun Yat-sen himself harbored such a concern.
As a result of Tang Yunyang's large-scale construction, a large number of people in China, with a population of 400 million, are now flocking from the countryside to the cities. The rapid increase in urban population has led to the development of related industries such as the service industry and the construction industry.
"But how can we solve the problem of agricultural production? If there is no one to farm, then ......"
His mind went back to ancient times. All prosperous dynasties always have equal land rights in the beginning. But what the current federal government has done is the opposite, not only does it not equalize land rights, but also makes a large number of farmers unemployed because of the input of agricultural machinery.
Most of these young and strong peasants had to flock to the cities in search of jobs, but at this time, a large amount of infrastructure was built in the Chinese Federation, including many basic industries and new high-value-added manufacturing.
Because of the increasing speed of windmills on the coastline, the Chinese Federation has almost unlimited electricity. Therefore, the manufacturing industry has good development prospects, which has attracted a lot of investment from Nanyang and other European diaspora.
Although the development of the eyes is promising, almost all of them are worried. This may lead to the concentration of wealth in the hands of a small number of members of society, resulting in abject poverty among the general population.
These are the undercurrents that ordinary people do not feel when the Federation of China is growing rapidly and social welfare is improving for the first time. This dark surface is calm, but in fact it is extremely turbulent. Many parties and elites have been caught up in this undercurrent.
This is also something that Sun Yat-sen is even more worried about, because the situation of the Chinese Revolutionary Party in the opposition has already made quite a few so-called "revolutionary qualifications" dissatisfied, and all these grievances are directed at Tang Yunyang.
As himself, he now fully believes in Tang Yunyang, at least his confidence has not collapsed. In particular, the Federal Finance Building, which is under construction opposite, will be the financial center of the whole of Asia in the future.
"The service industry does not simply refer to jobs such as restaurants and hotels, but the service industry is a collection of all the means to provide services and help to the entire social wealth production system...... As for the stock market, it is not a place for entrepreneurs to absorb capital. In fact, it is the most important part of the social wealth redistribution mechanism...... A welfare-oriented society will ensure the stability and rapid development of our country! ”
These were the answers that the federal government used to answer questioners, and these things were not fully proven in the world at the time. There are even theories that the Western world has just begun to put forward, while the Chinese Federation is already beginning to put them into practice.
"No one knows whether it is right or wrong for the future, what I can see is a group of revival party members who are working hard for the development of the Chinese Federation!"
This is the reason why he decided to support the government after Tang Yunyang's disappearance.
In fact, he didn't know that what Tang Yunyang told McLang was still a new economic thinking at that time. However, it comes from the fact that he once saw on the Internet, the economic knowledge mentioned in the speech of economist Lang Xianping.
That's why he wanted to establish a law that was harsh but could guarantee the integrity of economic transactions. At this time, the policies adopted by the stock market of the People's Republic of China such as "one-person representative system, reversal of the burden of proof, and reversal of litigation costs" caused dissatisfaction among quite a number of financial enterprises.
The implementation of these policies has obvious intentions, which is to use the law to create an honest financial market for a relatively fair distribution of wealth. These were the main means by which the United States began to solve the black market in American stocks before World War II after President Roosevelt took office.
One-person representation: Any shareholder, no matter how big or small, can sue the listed company at any time, and can represent all shareholders to fight a lawsuit against the listed company.
Reversal of the burden of proof: that is, financial institutions and listed companies bear the burden of proving their innocence when they are sued and charged with crimes such as insider trading and black-box operations.
Finally, after winning the lawsuit, the plaintiff will bear a certain amount of litigation costs, while the losing company will bear most of the costs. If an individual litigant loses the case, there is no cost to him.
But as far as some financiers are now on tiptoe, they disagree with this goal of "long-term wealth", as almost everyone knows, including those speculators who have suffered large losses in the stock market. None of them liked the new rules of the game.
In particular, they are unwilling to pay the benefits of recent "short-term operations", and most of them are also obtained through behind-the-scenes transactions and shady finance. In the short term, this kind of financial policy has increased the strength of the hostile forces of Tang Yunyang and the Chinese Baath Party.
This is also the reason why the Chinese Revolutionary Party has been able to re-emerge relatively easily in Shanghai, the financial center.
"So where do we go from here?"
Because of the news that Sun Yat-sen had just arrived, he felt quite difficult to choose for a while. If it chooses to support the central government, it is likely that the re-emerging Chinese Revolutionary Party will lose its support in financial institutions.
But if you don't choose to support the central government, then ......
It is clear that if financial institutions are supported, then the Chinese Revolutionary Party will have a considerable amount of support. However, there is a problem at this point. If you support them, you may have to echo the ideas of the financial tycoons who are now gathering in Shanghai.
A relatively independent city and a relatively independent financial institution can only bypass the Bill of Rights in the Federal Constitution and meet certain interests of the financial institution. Even now some other small parties are ready to support a bill called "Free Shanghai".
It is worth mentioning that this bill has been widely endorsed by international financial institutions and other countries.
Now, with Tang Yunyang's disappearance, the federal government will inevitably enter a tense stage. Whoever takes over will have to deal with this bill, which is supported by the international financial institutions and a considerable number of governments.
Looking at the future "Federal Financial Building" under rapid construction, Sun Yat-sen has a difficult choice.
Undoubtedly, while safeguarding the interests of financial institutions, this bill is also attacking the authority of the Constitution of the Federal Republic of China. It also marked a means for the consortium of overseas financial institutions to challenge the Chinese Federation and achieve victory.
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How? That's a problem!
"Although the Chinese Federation has the most powerful naval fleet in the world, it is impossible for the Chinese Federation to be difficult with the whole world, especially with the entire financial world!"
A difficult trade-off was placed in front of Sun Yat-sen.
Actually, it's a trade-off that doesn't require trade-offs. Because, the essence of this problem lies in the following aspects.
1. The relationship between national sovereignty and national dignity and international strength!
2. The relationship between short-term interests and long-term interests!
3. The relationship between the interests of one party and one country!
4. The relationship between the interests of some people and the interests of the majority.
To put it bluntly, the "Free Shanghai" bill was only to safeguard the secrecy of the financial circles, especially the financial transaction system. Only shady operations and shady trading are the main reasons for financial gain.
Otherwise, Roosevelt, the only president in the world to serve more than two terms as president of the United States, encountered so much resistance to the reform of American financial transactions as one of the most important of his New Deals, and he had to make some form of compromise.
In the end, it was only thanks to the support of Kennedy, the financial tycoon of the US Securities and Exchange Commission at the time (the father of President Kennedy who was assassinated), that it succeeded.
As for the bitter inside story, I am afraid that no one can know, but it is self-evident that including the above-mentioned systems, do ensure the long-term stability of the US stock market and the relative fairness of wealth distribution.
And this kind of far-reaching gaze decades later is indeed not something that ordinary politicians and financiers can see. Tang Yunyang knew because of his identity. So how will Sun Yat-sen choose?
Looking outside, it will be the tallest building in Asia, the Federal Finance Tower. Sun Yat-sen's white-bearded lips moved, and he said a word to himself.
"In any case, the Chinese Federation cannot return to the warlord-divided era of the past, and a strong government must be respected. While their policies may harm the interests of some people in the near future, I believe they are working hard to build this country! In any case, stability is even more important for China at the moment! ”
In this way, Sun Yat-sen decided the attitude of the Chinese Revolutionary Party.
He is a person who thinks about it and does it. Therefore, he wrote his own ideas into articles and published them in the media.
However, he did not know what it would mean for him and his family to make such a decision in the early days of the founding of the Chinese Federation, when there was a lot of political and financial turmoil!