After the end of the Harbin Conference, the Japanese side once again strengthened its cooperation with the Northeast Frontier Army, and they sent a large number of technicians to the No. 1 and No. 2 Arsenals in the Northeast to provide guidance.

In order to cooperate with Xiyuan to force Wang Maoru to borrow money from Japan, the General Staff Headquarters ordered the Kwantung Army to quickly assemble the strength of four divisions and regiments, Chen Bing Jinzhou, and engage in an armed confrontation with the fourth division of the ** team. Wang Maoru was worried that he would turn his face, so he immediately dispatched the 6th, 7th, 8th, and 11th Cavalry Divisions to Liaodong to strengthen his momentum. Although the two sides confronted each other, they did not get into a fight. Because in the "Harbin Treaty", China and Japan pledged to Britain, the United States, France, Russia and other countries to support and intervene in the Russian civil war, and it was impossible for the two sides to go to war at this time. The day himself is also a strong inward-looking, if Wang Maoru softens at this time, they will definitely press step by step. And Wang Maoru's reaction made them angry, and at the same time, it also reminded Xiyuan Guisan that he could not break with Wang Maoru rashly.

Facing the enthusiastic Nishihara Kamezo, Wang Maoru said: "Now China and Japan are allies in the world, but at home, because of the influence of the Kuomintang and Soviet Russian spies, the domestic side is extremely opposed to Japan. I very much hope that China and Japan will make progress together, and borrowing from Japan will not only promote our economic development, but also reduce inflation in your country. But we can't use land resources as collateral, and if people know about it, I will be accused of being a traitor, and my regime will be unstable, and I will not do this kind of thing. As you know, after signing a loan contract with the United States, the Northeast government is not very short of funds. Borrowing money from Japan represents the long-term friendship between China and Japan. But this kind of storage must be before the government stabilizes. ”

Nishihara Kamezo nodded again and again: "The people of your country are too uncalm. I have a mention that your country issues bonds and our bank buys them, so that this is not your government's borrowing behavior, and your government does not need to declare or even bear the notoriety. Governor, what do you think of such borrowing behavior? ”

Wang Maoru was taken aback, he didn't expect Xiyuan to borrow money in such a way. It's wonderful to use bonds instead of borrowing. Wang Maoru said with a straight face: "Mr. Nishihara's method will make me pause, so that I will discuss with my subordinates." I don't know how many bonds can I buy in Japan, Mr. Nishihara? ”

Nishihara Kamesan said: "It depends on Xiushengjun's sincerity." ”

Then Wang Maoru called Zhang Hongyang, Song Ziwen, Zhang Yiwei, and Zhao Jiacheng, and Song Ziwen, president of Huaxia Bank, said: "Huaxia Bank now has very sufficient reserves. With the support of the U.S. loan, our RMB issuance quota can reach 200 million. ”

Zhang Hongyang, the chief financial minister of Northeast China, said: "At the end of this year, the government still has a surplus, and there is no plan to borrow money from the government himself. ”

Seeing that these two people were opposed, Zhao Jiacheng, who is the chief financial officer of the military, sighed and said: "Starting next year, the army will have a huge financial expenditure, that is, the expenditure on going to Russia to participate in the war." He then smiled bitterly and said: "I am very opposed to declaring war on Soviet Russia, because preliminary estimates show that our army's military spending will increase by 10 million yuan next year, of which 6 million will be used for weapons consumption." Another four million were used for various other expenses, including armaments, and pensions for the dead soldiers. ”

Wang Maoru said with a smile: "It's okay, the Americans have a lot of money, this 10 million is nothing, and I plan to expand five army divisions next year." With this addition to the five army divisions that are now being prepared to be formed, our army will have 25 army divisions and 500,000 men in two years' time. ”

Zhao Jiacheng shook his head and smiled bitterly: "Xiushuai, the annual salary of an army division is 1.5 million, not including armaments and ordnance, you can easily say it, the money is there." But that's not the case. The 20 army divisions, including the five newly established army divisions that are now being formed, and the 10 armed "police" brigades have been paid 42 million yuan in just one year. The Americans lent us 100 million silver dollars in the first year, and this money has to be repaid, and after a few years, our army will not only have to bear a huge amount of loan repayment, but also bear huge military expenditures. ”

Wang Maoru patted his head and said with a smile: "That's right, that's right, it's me who is unrealistic, it's me who is unrealistic." He lowered his head and thought for a while, and said, "But adding five divisions next year is the least, and you have to prepare funds for me." ”

"Yes."

Wang Maoru said to everyone: "According to my information in the United States, the United States has a weak economy after the war and a large number of factories, and I plan to use the loan from the United States to purchase heavy machinery and equipment, and build Northeast China and Mongolia into a heavy industry kingdom." ”

Song Ziwen praised: "When I was studying in the United States, I went to the Great Lakes industrial areas such as Detroit and Pittsburgh, the steel city, and I saw thousands of steel furnaces and tens of thousands of machinery factories, and the heavy industry capacity of the United States is the first in the world, which is why no one in the United States dares to despise him despite its weak army." I've looked at the Northeast Resources Division, and in fact I think the Northeast is well positioned to be a place like the Great Lakes Heavy Industry Belt in China or the Ruhr Region in Germany. ”

"Therefore, I am going to use the loan from the United States to develop heavy industry in the northeast, and before sending troops to Russia, I can only borrow it from the Japanese himself." Wang Maoru sighed, "I only buy our bonds, and I don't use the fundamental interests of Northeast China as collateral, I think this is a once-in-a-lifetime opportunity for us." Ziwen, how many bonds can Huaxia Bank issue? ”

Since the Japanese himself only borrowed in the form of bank bonds, there is no difference between borrowing and giving away for free, so it can be said that the dialogue policy of the Terauchi Masatsuki Cabinet is really an unprecedented close relative. Song Ziwen said with a smile: "The day itself is so like giving us money, so come and take as much as you want." The amount of bonds we issue depends on how much money we have prepared and how much money they have prepared, and how many bonds we can issue. ”

Several people smiled heartily, and Wang Maoru said: "That's it, Ziwen, Ji Xiu, the two of you form a negotiation team to discuss the issue of replacing direct borrowing with bonds with Nishihara Guisan." ”

A few days later, Wang Maoru's local warlord government appointed a negotiating team headed by Song Ziwen and Zhang Yiwei to secretly negotiate with a delegation of the Bank of Japan composed of Nishihara Kamezo in Changchun. In the end, the Japanese side subscribed for 240 million silver dollars of bonds, and the bonds were divided into three types, one was a small number of two-year bonds, five-year bonds, seven-year bonds, and a small number of 10-year bonds, and the total amount of bonds issued was 300 million silver dollars, and the Japanese subscribed 240 million yuan, and the other 60 million bonds were used for domestic private subscription.

What is ironic is that the Northeast Huaxia National Bank issued 300 million silver dollar bonds, and the Chinese people were not interested, but the Japanese themselves actively bought them, and the Chinese people were unswerving in their mouths, but once they touched the money bag, they retreated. This is not much different from the people who shout about anti-Japanese resistance and despise the poor quality of domestic cars, and despise the fuel consumption of European and American cars, and then buy their own cars. Wang Maoru took the initiative to encourage the military and political gentry and landlord officials in the Northeast to buy bonds first, but these people only bought 20 million of the 60 million silver dollars. Just when everyone thought that the 40 million bonds could not be distributed, a mysterious institution suddenly bought all the 40 million silver dollar bonds. Wang Maoru secretly learned that this mysterious institution was actually a Jewish merchant alliance, and let him secretly say that the Jews finally wanted to meddle in China.

After dealing with the bonds, the relationship between Wang Maoru's local government and the government of Japan was further deepened, and the Japanese government further controlled the financial affairs of the northeast as expected, "Wang Maoru had money to expand the army to guard against military aggression in Japan, and at the same time, because of Wang Maoru's request to jointly send troops to Russia, he had to consider re-establishing relations with Wang Maoru, and the Minister of War ordered the Kwantung Army to withdraw its troops, return to the harbor, and rush to Vladivostok." Wang Maoru also ordered the 6781st Division to return to the Shenyang City Military Region and no longer engage in armed confrontation with the Japanese themselves.

Those who borrow other people's money become masters, which is like the "China" countries in later generations lent a lot of money to the United States, although the "China" countries have become an important part of the world finance linked to the United States, but the "China" countries do not dare to use force against the United States at will.

The news that the Japanese government's financial industry had lent Wang Maoru a loan equivalent to 240 million silver dollars from the local government shook the military circles of Japan greatly, but the soft knife of the Japanese government made the officers of the Kwantung Army, who had always believed that it was necessary to take a tough stance against China, and almost all the officers jumped up and down, and they denounced Nishihara as a traitor, and the financiers and bankers in Japan were traitors, and they shouted, "The government is a traitor, and the military must be in power, and they will fight to the temple to the righteousness." The slogan ran to the entrance of the Emperor's Palace, and some even protested by seppuku. Even Nishihara was assassinated by military radicals on his way back to Japan, and was assassinated in a hotel in Yokohama.

There is a reason for the anger of the Japanese army, because the Japanese military has always hoped to occupy China by force, they are not interested in China's money, but are interested in China's land and resources. The attitude of the government has always been influenced by two aspects, the political clique and the military clique, and the emperor has also wavered between these two sides. During the European War, the military Okuma cabinet had a strong desire to intervene in the territory of China, but it was opposed by the world's powers, which led to the sanctions of Japan and the subsequent collapse of the Okuma cabinet. The current Terauchi Cabinet learned a lesson and had a completely different attitude towards the Okuma Cabinet, in that they paid more attention to interests, and at the same time believed that it was not the right time to encroach on China, that Japan was too small, that China's interests were very complex, and that only a step-by-step approach could control China.

The Terauchi cabinet represented relatively right-wing moderates in the military, who preferred to divide China, so they supported two military blocs, namely the Anhui military bloc and Wang Maoru's Northeast Army military bloc, and at the same time they privately supported Sun Yat-sen's Kuomintang to form a military bloc, so that China would be divided and it would be easier to invade China when Japan was strong enough. (To be continued.)