Chapter 774: Raising Military Expenses II

readx; Mr. Han is not only a large-scale canned food company in Sanlin Food, but also the helmsman of a strong investment fund, and the scale of funds that can be controlled by investment funds is very large. Pen | fun | pavilion www. biquge。 info

After decades of development, China's financial sector has developed very maturely, and in addition to the major banks, there is actually a very important component of the financial sector, that is, various investment funds. Although these investment funds are not well-known in the eyes of ordinary people, and even the vast majority of ordinary people have not even heard of anything, their status in the domestic financial community is extremely important.

At the same time as China's banking industry is maturing, after the evolution from a simple private consortium of several or many families to a simple banking enterprise, it is natural that various fund companies will emerge one after another. The most obvious representative of this is actually the Chen family's Liuhe Fund.

Liuhe Fund in the hands of Chen Jingyun, has already replaced the role of Huaxia Bank, Chen Jingyun through the Liuhe Fund to manage investment, the same use of Liuhe Fund's huge financial strength to indirectly affect the development of domestic industry, many famous large enterprises in China have been dispersed shares on the surface, but most of these scattered shares are also controlled by various funds, and; Liuhe Fund still controls the shares of many large enterprises, and the controlling stake of these super-first-class enterprises such as Southeast Iron and Steel, Fule Electric, Huaxia Bank, and Tongkui Pharmaceutical is still in the hands of Liuhe Fund, that is to say, it is still in the hands of Chen Jingyun.

If you simply calculate the wealth on paper, the Chen family is definitely the richest family in the world, and Chen Jingyun himself is also the richest person in the world.

But this is just paper wealth, which is just a pair of numbers for Chen Jingyun, and he doesn't care how much, because he knows very well that his wealth comes from his power.

Power is fundamental, and relative to the whole of China under his control, the Liuhe Fund is not a fart.

In any case, when the successful transformation of the Liuhe Fund, it also caused many consortiums to follow suit, so all kinds of funds sprung up like mushrooms after a rain, and the development is extremely fast, don't look at those funds in the hearts of ordinary Chinese people are not famous, but some of the country's extraordinary businessmen know that these funds are extraordinary, these are all genuine capital predators, banks are just their toys, and various industrial companies are just their gadgets.

When Mr. Han, the person in charge of a large fund in his hand, appeared on the first floor, he immediately attracted several people to talk, although Mr. Han is not good-looking, but he can go to this day is naturally not a simple person, he knows very well that the people who can be qualified to appear in the Nanjing Central Hotel to participate in this fundraising party today are not simple roles, these are all first-class bankers and industrialists in China, either the general manager of a large enterprise or the chairman of those funds or banks. Mr. Han even saw Yan Aoyun, the president of Fule Electric, although Mr. Han is a first-class business person in China, but compared with this Yan Aoyun, it is still slightly worse.

Although this Yan Aoyun's personal assets are estimated to be at the bottom in this banquet hall, this does not affect his identity at all, not for anything else, just because he is the president of Fule Electric, and he has become the president of Fule Electric and is also a professional manager, which is enough to prove his ability to run a business, if he resigns from Fule Electric, I don't know how many corporate bank funds want to hire him.

Mr. Han walked up with a smile and talked to Yan Aoyun, although they hadn't met a few times before, they knew each other, and after a few words, Mr. Han called a few of his friends and introduced them to Yan Aoyun one by one. Although the strength of Mr. Han's friends is okay, they are still relatively low-level people on today's occasion, and there are still people who want to know people like Yan Aoyun who are better introduced.

While these people were talking, Mr. Han looked at a middle-aged man not far away who was chatting happily with others: "Mr. Yan, it should be Ma Ge Lao over there!" ”

Yan Aoyun followed Mr. Han's line of sight and immediately nodded: "Well, it's Dean Ma of the Government Affairs Yuan!" ”

Hearing Yan Aoyun say that the person in front of him was really Ma Yinchu of the Government Council, Mr. Han also looked a little excited: "I didn't expect him to come so early, I thought he was going to come over with the president!" ”

The Ma Ge Lao and Dean Ma in their mouths are not others, but Ma Yinchu! In these years, the only things that can make them talk in a low voice with a respectful look are the bigwigs of the military and political terms, and Ma Yinchu is now a veritable bigwig in China's civil bureaucracy.

Ma Yinchu is not so simple, he is the oldest in the Chinese cabinet, the longest time in the cabinet, he served as the director of the Department of Economic Development in his early years, and although the post of director of the Department of Economic Development is called the director, but he is a member of the cabinet, and the power of the ministers is not small, Ma Yinchu was appointed as the director of the Department of Economic Development at a very young age, which led to his promotion in the subsequent political time was very slow. However, every time he is promoted, he is a down-to-earth promotion, step by step towards the position of president of the Government Council.

After controlling the Department of Economic Development for many years, he was transferred to the Ministry of Finance as the chief minister, and in 1935, Chen Jingyun still appointed him as the chief minister of the Ministry of Finance, but in 1937, Chen Jingyun gave Ma Yinchu another part-time appointment, that is, vice president of the Government Council. Therefore, from 1935 to 1940, Ma Yin's official position should be: vice president of the Government Council and minister of finance. In terms of rank, the level of the vice president of the Government Council is one level higher than the level of the Minister of Finance, and Chen Jingyun's move is also considered to be a prelude to transferring Ma Yinchu to take charge of the entire Government Council, because there is a precedent for this matter, when Zhuang Nan was still the Minister of Finance, Chen Jingyun also promoted him to vice president and Minister of Finance on the eve of the change.

With these foreshadowing, he successfully became the president of the Government Council in 1940, and after nearly 30 years in the cabinet, he finally reached the peak of his life.

Ma Yinchu was talking to a few people at this time, and the people who could get together in a small circle with him were naturally not simple characters.

Former President of the Government Council, the current President of the Senate, Zhuang Nan, who has gray hair and is in a semi-retired state, in front of Zhuang Nan, Ma Yinchu can also claim to be a junior, and several other people are not simple roles, the former Minister of Industry and Commerce, the current Vice President of the Government Council Tian Qingrong, the Secretary General of the Central Committee of the National Socialist Party Jian Linqun, this Jian Linqun also has another position, that is, he is also the representative of the Army Department of the National Socialist Party, if it is changed to the position name in 2013, that is, the director of the Political Department, Although he is not in the traditional military and political terms, like his predecessor Qian Hanlang, his political influence in China is no less than that of those military and political bigwigs.

These few whispered words, and after Mr. Han over there, he first introduced himself hard, but Ma Yinchu is not the kind of person like Chen Jingyun who will be full of national strategies or something on the world map every day, and he treats his subordinates with a cold face every day. Compared with Chen Jingyun's daily consideration of world strategic issues, Ma Yinchu's thinking and doing are more practical issues, and like China's successive presidents of the State Council, he is not a utopian dreamer, but a doer.

After the founding of the People's Republic of China, almost all of China's political axes were the kind of economic leadership, and there were only three most important departments in the cabinet, that is, the Department of Economic Development, the Ministry of Finance, and the Ministry of Industry and Commerce. And these three are all engaged in the economy, and among the successive presidents of China's Government Council, except for the extremely special Tang Shaoyi, several other people are all from the economy, Zheng Zuyin, Zhuang Nan, and Ma Yinchu are all economic people, strictly speaking, they are not politicians, but doers.

Among the powerful people in China, there are a lot of similar people, there are not many simple politicians in the political axe, where are the group of people who can be called politicians in China today, some of them are in the National Socialist Party, such as Qian Hanlang, Jian Linqun and a group of other high-level party and government leaders of the National Socialist Party, they are very pure politicians, they play all kinds of political theories and slogans all day long, and if they develop the economy, they will have to be blinded, and there are also a group of people in various provincial councils or national parliaments. As for the officials, it would be more accurate to say that they are bureaucrats, and as for politicians, these three words really have nothing to do with them.

Relatively speaking, among the political axes, Chen Jingyun is actually the only one who can be regarded as a politician, and the others are bureaucrats.

Ma Yinchu from the Department of Economic Development, the Ministry of Finance all the way over, all day long is to play the economy, which is naturally known to some famous entrepreneurs in China, although I have not seen but the name is finally heard, after listening to Mr. Han introduced himself, he smiled and said: "Mr. Han came from Tianjin, all the way has been hard!" ”

Mr. Han said in fear: "It's not hard, the plane I took when I came here didn't take a few hours!" Besides, to be able to contribute to the country and the nation, this is my honor! ”

This is really an honor, there are so many rich people in China, not everyone can accept the invitation letter sent by the presidential palace to participate in this fundraising dinner, and there are only nearly 100 people in the whole country, what does this mean, and the recognition of the identity of the representative. As for the purchase of treasury bonds, this is not to let them directly throw their money out and waste it, for these fund managers with huge funds, the purchase of treasury bonds is a kind of investment with low returns but better than stability, even if the state does not call them to buy them in normal times, but the amount is not as large as it is today.

Ma Yinchu nodded: "Mr. Han's ability to contribute is naturally a blessing for the country and the nation!" ”

Mr. Han smiled, seeing that Ma Yinchu had turned his head to talk to Zhuang Nan, he didn't want to continue to bother and left, while Ma Yinchu said to Zhuang Nan: "You don't know about that person just now, in fact, I just knew, it's a big deal, this time the surname bought a 100 million treasury bond!" ”

Zhuang Nan took two steps in vain, raised his wine glass and took a sip and said, "This amount is not small, I think we can wait for the meeting or arrange for him to sit at the same table with a few of our old guys!" ”

Zhuang Nan said: "This is what I want!" ”

This is a fundraising dinner, and I will tell you directly from the moment you receive the invitation, don't come if you don't have money, if you don't buy tens of millions of national bonds, are you embarrassed to eat and drink on the same stage with those military and political bigwigs! In addition to nearly 100 businessmen, there were also a large number of military and political bigwigs, almost half of the high-ranking officials in the government affairs yuan, and even the military, which has rarely had contact with other strata in the country, also came with more than a dozen bigwigs, three generals and more than a dozen lieutenant generals. The reason why these people from the military and government have come like this is that they are used to accompany guests, and they are ready to eat and drink with these people from the industrial and commercial circles.

Not to mention other people, even Chen Jingyun is the same, at that time, in addition to a few military and political dignitaries, there were also several chaebols in the industrial and commercial circles, all of whom were super-rich people who had bought hundreds of millions of national bonds. However, compared with the number of treasury bonds purchased by Chen Jingyun, it is still too small, and the Liuhe Fund under Chen Jingyun's name originally purchased a lot of treasury bonds, not to mention that the time is too far away, in 1939, the Liuhe Fund purchased 50 million treasury bonds, and in 1940 it purchased 100 million treasury bonds, and this year, under Chen Jingyun's instructions, the Liuhe Fund even used its reserve funds, and purchased 400 million treasury bonds at one time.

In the past three years, the number of treasury bonds purchased by the Liuhe Fund has reached 550 million, plus the treasury bonds purchased in previous years that have not yet matured, which adds up to more than 600 million treasury bonds in the hands of the Liuhe Fund, becoming the largest private creditor of the political axe.

This refers to the amount of treasury bonds purchased by the Liuhe Fund directly with the funds owned by the fund, and does not include the number of treasury bonds purchased by various banks or enterprises under the Liuhe Fund. In fact, several banks with shares in the hands of Liuhe Fund such as Huaxia Bank, Southeast Bank, etc. are the giants of the purchase of treasury bonds, Huaxia Bank has been the largest creditor of the political axe since before the founding of the People's Republic of China, especially after the nationalization of the currency, the political axe used a large number of treasury bonds to redeem the right to issue currency to pay Huaxia Bank, and Huaxia Bank as the largest bank in China, with the continuous development of China's economy, the scale of Huaxia Bank is also getting bigger and bigger, and has carried out many share expansion financing, The scale of its own assets has already exceeded 10 billion yuan, and the funds it can use are even larger.

If the Liuhe Fund used the private funds of the Chen family to buy treasury bonds, then Huaxia Bank bought treasury bonds on behalf of its many depositors, and in the two issues of treasury bonds issued in January and May 1941 totaling 18 billion yuan, Huaxia Bank alone underwrote 12 billion yuan, and the second-ranked Bank of Communications underwrote only 3 billion yuan, and the rest were purchased by other banks, funds, and the super-rich. This can be seen from the huge amount of treasury bonds underwritten by Huaxia Bank, which shows Huaxia Bank's strong financing ability.

If Fule Electric is the industrial technology base of China's military expansion, then Huaxia Bank is the economic security foundation of China's military expansion, without Huaxia Bank's strong financing ability, the political axe simply cannot issue so many treasury bonds, without a large number of treasury bonds, naturally there is no way to talk about tens of billions of military expenditures a year.

Of course, this does not mean that the major banks directly buy their own, although they are huge, they still have not been able to swallow the strength of so many national bonds, which is no longer a matter of one person or an enterprise, but needs the whole country to underwrite, and the Chen family's huge financial resources have only purchased five or six billion national bonds. The tens of billions of treasury bonds are simply not something that ordinary people or even ordinary consortia can afford, and they need to be digested by the people of the whole country, so the underwriting of these banks is actually using their financing capabilities and channels to attract funds from all directions across the country and then purchase treasury bonds. On the other hand, it is to use the funds prepared by banks, such as the deposits of bank depositors, to directly purchase treasury bonds and make money on the interest rate difference.

In any era, large-scale wars are fought not with courage, not with tactics, but with money.

Although it is impossible to kill the enemy directly with paper tickets, the guns and cannons purchased with these paper tickets can kill the enemy. This situation is more obvious at the time of the gold standard, although the countries of the world have entered the era of credit money, but unless it is absolutely necessary, even a selfish person like Chen Jingyun will not easily issue currency in Dalian and obtain the entire social productive forces at the cost of direct currency depreciation. In this case, the ability of a political axe to raise funds basically determines how much his military spending, and military spending also determines the amount of equipment.

In order to raise military spending, not only China has issued a large number of treasury bonds, but also the United States, Germany, and the United Kingdom have issued a large number of treasury bonds.

The fundraising dinner was held very smoothly, and when the master of ceremonies sang that the president had arrived, everyone present got up and watched Chen Jingyun walk into the banquet hall with a smile on his face!