After Yu Huizu's funeral, many official affairs followed, the most important of which was the Soviet Russian delegation, and the conference was the next prime minister. The former is not difficult to deal with, the Russian famine that began last year did not benefit from the rescue of the American Food Agency under Hoover as it has historically been, and at this time it was Chinese low-cost loan grain that was brought into Russia, and the Bolsheviks considered the Chinese to be more reliable than the Americans who wanted to overthrow the Soviet regime with disaster relief, although the grain would later need to be paid for with minerals.

In addition to expressing gratitude for the previous grain loans, another purpose of the delegation composed of Molotov and Bukharin was to hope that the Chinese Government would honor its previous recognition -- to give the Soviets a long-term constructive loan after the situation in Russia had calmed down. Yang Rui believes that in this time and space, the life of the Soviet Union will be much longer than in history, and China's current lack of non-ferrous metals and oil may be lacking in the future are Russia's means of payment; At the same time, their own treasury was full of silver - silver that was constantly depreciating.

As for the latter matter, Cai Yuanpei mentioned it in a joking way one day, and he suggested that Yang Rui be re-elected as prime minister, and then end his term of office after 'nothing more than three things', he still said that this was not to ask Yang Rui to learn from Washington, the first president of the United States, but that if he did not do so, it would be detrimental to the long-term stability of the country -- if one tree stands alone in the forest, other trees will be shaded by it.

Speaking from the heart, no matter what Cai Yuanpei's reason is, this truth is right. As far as the country is concerned, it is extremely necessary to improve the leadership training and succession mechanism, but Yang Rui is worried that the successor will stuff the United States into the national system. And Russian Marxism is the alkali, which burns everything that does not belong to the spirit of Max. At the same time with the wrist of the Bolsheviks and the experience of struggle. They will put on a cloak of democracy and freedom, mixed in with 'good people' like Cai Yuanpei and Hu Shih, in order to dissolve the entire Revival Association and government organizations.

But if the successor can ensure that the policy is stable and unchanged, he can indeed let go appropriately for a while, but this issue is too complicated, and it is Cai Yuanpei who raised this issue. Without waiting for anyone else to object, he immediately asked, 'Who can do it?' ’。 Cai Yuanpei was stunned on the spot, but after asking back, he still put the issue on the Standing Committee at the end of the month for discussion. In any case, this is a question that must be carefully considered, and he has thought about it before, but from the founding of the country to the present, there are too many things to consider, and the big things are one after another. It was only when the Washington Naval Treaty was ratified by the U.S. Senate that his long-tense nerves were completely relaxed.

"Prime Minister, the Russian representative has arrived, and Mr. Chong'an is accompanying him, is it ......" Soon after going to work, Li Zilong reminded that because of Yu Huizu's funeral, the Russian delegation even visited some construction projects in China. I waited for many days in Beijing.

"Invite them in." Yang Rui nodded, and he met him hastily when the Russian delegation first arrived. At that time, they proposed to visit the construction project in China, and Yang Rui was going to Shanghai, so a lot of things were discussed by Xie Jintai.

When Xie Jintai came in with Russia, Yang Rui got up without waiting for them to salute, and he looked at the more elegant and younger human, "This is Comrade Bukharin, right?" One of the best theoreticians of the revolutionaries. ”

Bukharin came to China for many days. It is not surprising that Yang Rui knows him, but he knows that he is one of the best theorists, not to mention Bukharin, and even Molotov and Ambassador to China Galahan next to him are also surprised. After Yang Rui finished talking about Bukharin, he looked at Molotov, who looked extremely old. Laughing: "This should be Comrade Molotov, a fearless proletarian revolutionary like a hammer!" ”

Because of China's support for Russia, Yang Rui, an old revolutionary, was praised by Comrade Lenin, who claimed that the Russian revolution was also learning the tactic he had used - using the peasants. Of course, the real strategy of the Renaissance government is to support the peasants, not to exploit them, but it is more likely to do so because China does not have the plan and responsibility to liberate the proletarians of the world, nor has it been blocked by capitalism, so there is no need to use and exploit the peasants to achieve industrialization.

Bukharin smiled so enthusiastically as an old nationalist revolutionary praised himself, and he greatly appreciated the strategy implemented by China as an advocate of the new economy, but unfortunately the world war was over, and the new economy in Russia was under great pressure, because of the hostility of capitalism, the concession system might not attract much foreign investment, and now all the Bolsheviks could do was to get the church to give up treasures and sell the Tsar's collection - Yang Rui also bought a lot with manuscript money. In contrast to Bukharin's joy, Molotov only smiled slightly, and then returned to normal, this person is an extremely cold and unsmiling person, although he is only a post-90s generation.

"Is Comrade Ulyanov of your party in good health?" Yang Rui waited for a few people to sit down and began to shush and ask for warmth.

"Comrade Ulyanov is very healthy, thank you for your concern." Molotov was clearly lying, if Lenin had been in good health, Comrade Stalin would not have had to stay in Moscow like a watchdog.

"That's good!" Yang Rui nodded quietly, "The revolution will always hurt the vitality of the country, but we have to do this, not to mention that Russia has suffered heavy losses in the European war, you have taken over this mess, plus there is also the destruction of the White Army, and the party is fully prepared, it is not easy to get to this point." Now there are difficulties that are not afraid, those difficulties can always be solved, and there is no difficulty that revolutionaries cannot overcome. ”

The leaders of other countries were all critics of the Russian Revolution, and Yang Rui's praise of the Bolsheviks, even Molotov, was eye-catching. He said politely: "Comrade Ulyanov is also remembering you. Without your selfless help, the Russian Revolution would not have succeeded so quickly. ”

Yang Rui smiled: "We are just icing on the cake." He then got down to business, "It seems that this time I came for a loan?" ”

After Yang Rui finished speaking, Xie Zhangtai introduced the specific situation: "Yes." Now that Russia is in the same ruins as we are, and the destruction caused by the war requires huge funds, the great Comrade Ulyanov has put forward a far-sighted plan for the electrification of all Russia, so he hopes that we can give a long-term loan of one billion Chinese dollars;

Another thing is that China's high-voltage transmission grid technology, which is very much needed by the Russian comrades, after all, it is an electrical plan; Finally, Russia is now purchasing goods abroad. Foreign banks refuse to accept their commercial drafts and need to pay in cash, can our Export-Import Bank provide guarantees for them, or issue our commercial drafts to help them import products? ”

Yang Rui knew the previous question mentioned by Xie Jintai, and the electrification of all Russia was advocated by Lenin the year before last. To say that communism means Soviet power plus the electrification of the whole country, it is necessary to build 20 thermal power stations and 10 hydropower stations, and achieve a total installed capacity of 1.75 million kilowatts within 15 years, which is only 50,000 kilowatts less than China's current plan. Such a huge project requires hundreds of millions of dollars, plus the funds needed to restore the existing factories and some new military factories, which really cost more than one billion Chinese dollars.

In addition to the loan, the latter two were something that Yang Rui did not expect. Thanks to the data of later generations and more than ten years of laboratory research, the loss of silicon steel produced in China is much better than that of German products, plus permanent magnet material technology and high-voltage transmission technology. As well as the technology and talents collected from Germany after the war due to famine, it can be said that in addition to steam turbines, from generators to high-voltage transmission, to electric motors, and finally to all kinds of household appliances, the entire electrical products are at the world's leading level, and it is another fist in the chemical industry.

In order to build electrification in Russia, it naturally needs high-voltage transmission technology, and I think Russian scientists will know about this after consulting the patents. The last issue of commercial bills of exchange was in fact a short-term commercial loan, and the Bolsheviks refused to admit all the foreign debts of the former Tsarist Russia and confiscate foreign assets in Russia. so that it has no international credibility; And gold is sold to China in large quantities, and it is normal that no one dares to collect new rubles, Chervin bank bills, and commercial bank drafts. As a result, no one recognizes his foreign trade except cash and foreign exchange.

Thinking about these three questions, Yang Rui asked Xie Zhangtai: "What do you mean by the Ministry of Household and the Ministry of Industry?" ”

"The household department can lend a billion taels of silver, as long as the Russian comrades need it, but the use of a large amount of silver will cause depreciation, and how to value it is a big problem. Remember, the Russian comrades suffered; Remember. We are at a loss, and the Kuomintang in the Inspectorate will oppose it. The Export-Import Bank of China can issue short-term bills on its behalf, but according to commercial rules, the bank needs a guarantee, if there is no guarantee. Then they think that Russia's export industry should also be taken care of by the Export-Import Bank, and so ......," Xie said.

"What they think is beautiful!" Yang Rui spoke completely from the position of Russia, and at this time, Ren Fuchen, counselor of the embassy in China, was quietly translating the dialogue between Yang Rui and Xie Zhangtai to the Russians, and when he heard that Yang Rui completely rejected the proposal that the Russian export business be handed over to the Export-Import Bank of China, the Russians laughed, and they were unwilling to hand over the export business to the Export-Import Bank of China.

After Xie Zhangtai was interrupted by Yang Rui, he went on to talk about high-voltage transmission technology, he said: "The Ministry of Industry has no objection to supporting the technology of Russian comrades, but now the ownership of technology patents belongs to the State Grid Corporation, although it is a state-owned company, but the company's general office is unwilling to talk about technology transfer, and although it agrees, it asks for a huge amount of technology transfer fees, which is ......."

The Soviet government did not recognize technology transfer fees, and by the communist definition, not to mention the market, not even money was needed. Yang Rui thought about these three things, and then said: "The price of silver in London is now stable at 1:43, and each ounce of silver is equal to 0.411 US dollars, which is worth 0.453 US dollars per two pieces of silver, but this price is on the premise of not throwing a large amount of silver, and we ourselves are not in a hurry to throw silver, but now it is ......." It is possible to lend the Russian comrades 10,000,000 pounds sterling in addition to the silver, and the rest is denominated at the price of 0.4 dollars per two pieces of silver, and it is up to the Russian comrades to decide how much to borrow or how little to lend. ”

Every two taels of silver is 0.4 dollars, which is equal to the ratio of gold to silver is 1 to 48.7, and now it is 43, which means that Russia will not suffer a loss if it lends silver before the ratio of gold and silver is 1 to 54. How much silver can be thrown, and the gold-silver ratio will fall to 1:54? There is another one, spending money, special industrial investment, you will not be able to control your hands and feet if you spend it, although Yang Rui has drawn a line, it is all up to you whether you suffer or not. But the problem is that Russia needs to build an all-Russian electrification to achieve communism, plus other industrial projects, military projects, the money will be spent more and more, and it is still a question whether they can stop at that time? At that time, the situation must be that Russia itself would rather suffer a loss than admit it and spend its silver.

The 1.4 billion silver was worth 1.9 billion Chinese dollars before the war, but now at 4.53 US dollars per two pieces of silver, there are only 1.26 billion left, and if it is calculated at 0.4 US dollars per two taels of silver set by Yang Rui, it will only be 1.12 billion yuan. According to the previous calculations of the Ministry of Households, if all the silver can be thrown out to keep half of the 1.9 billion, then thank God, it can really recover 1.12 billion yuan, even if it is a loan and then recovered, it must be thanks to the blessing of the gods and Buddhas.

Molotov and others didn't know the secret, they were worried about whether China would take out a loan, and they would be grateful to Max if they could borrow 100 million; Now I heard that I would lend 10 million pounds alone, and I would take as much silver as I wanted, which was simply ....... Molotov, Bukharin, and Garrahan were full of excitement, and they all stood up and thanked him: "Your Excellency, you are a true friend of the Bolsheviks!" ”

"No, it's just a fight between the oppressed. Because of the right opportunity, we have some money for the time being, but large-scale construction is also being carried out in the country to realize the electrification that Comrade Ulyanov said, so we can only lend you silver. Yang Rui beckoned them to sit down. Because the value of silver is unstable, the interest is not accrued for the first five years of the loan, and the interest after that is calculated at 4% per annum, which is really not expensive.

In the case of short-term commercial bills, after you take out the loan from the National Bank, you can transfer the money to our Export-Import Bank, so that there is a mortgage for the bank, and they can issue short-term commercial bills. As for high-voltage transmission technology, according to the practice of China's state-owned companies, I, the prime minister, have not discounted them, and their general office only looks at profits; There may be two ways to compromise: one is that you buy the products of the power grid company and then ask them to send the technology; And ......"

Speaking of which, Yang Rui has no tricks, the patent law was promulgated in China very early, and when revising treaties with various countries, patents are also the focus of negotiations and mutual recognition, he can lend Russia a billion taels of silver, but there is no way to wave his hand without paying patent fees, as long as the Russians pay the drawing fee, the patent will be handed over. Nevertheless, in the eyes of the Russian deputies, technology is only a small thing, and loans are the big thing, and with a loan of one billion taels of silver, the electrification of all Russia will definitely be realized.

Money is a true brother. Molotov, who had not been smiling before, also had a smile on his face at this time, and had a cordial conversation with Yang Rui, and the guests and hosts were extremely happy. After seeing off the Russians at the end of the meeting, Xie Jintai killed a horse gun and ran back, and he asked with some anxiety, "If the Russians really took out a loan of 1.4 billion taels of silver, can they pay it back?" ”

Feeling Xu Huafeng's uneasiness, Yang Rui smiled and said: "Russia will be a world power in the future, how can it not be on it?" Besides, Baku is on the other side of the sea, and the Volga and the Trans-Siberian Railway are not far away, how can it not be returned? ”

When Xie Jintai heard the latter sentence, he exclaimed: "You want to go to war with Russia again?" ”

"Of course not. I just want to say that strategically, we are completely in the initiative, and not like the United States, on the other side of the Pacific, we can afford to lose hundreds of millions of dollars. Besides, the Bolsheviks had enough reasons not to recognize the debts of Tsarist Russia and the Provisional Government, but now that our two countries have established diplomatic relations with each other, who else in Russia would dare to deal with them? What Russia has is resources, but what we lack is resources, and it is impossible for her to repay them. Yang Rui said.

After Yang Rui finished speaking, Xie Jintai stayed for a while before saying, "You are so confident in Russia?" This is a country that can't be self-sufficient in food, and it's still in debt? ”

After getting along for more than ten years, I don't want Xie Zhangtai to be a small-bellied chicken intestine, Yang Rui feigned anger and said: "Chong'an, you are becoming more and more unqualified in diplomacy." Let's go, I'm still going to work. (To be continued......)