While the war in the Republic of China was still going on, Lanfang was also intensifying its military efforts, but domestic development did not stop for a moment.
On Taohua Island and Jinzhou Island, six chemical fertilizer plants are working day and night, striving to produce fertilizer as soon as possible to provide sufficient support for Lanfang's agriculture.
To launch so many projects at once, the funds required must be astronomical.
In order to prevent the capital chain from being broken, Prime Minister Huang Bohan did his best to maintain it.
Qin Zhiyuan has many industries in his hands. Among them, United Oil Company has begun to make profits, the Penicillin Factory has been making huge profits, and Lll Company's profits are also increasing. These combined, the monthly income is about 10 million US dollars.
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This money seems to be a lot, but in fact it can just cover Lanfang's military expenses.
Lanfang now has a large army. Although the 100,000-man army in Europe does not require Qin Zhiyuan to pay, Qin Zhiyuan has to pay for Lanfang's military expenses.
Lanfang's current standing army is about 200,000 people, plus the 100,000 people prepared for the Northern Expedition, the number of troops has reached 300,000.
After the founding of Lan Fang, all foreign legion troops were automatically converted into Lan Fang troops. Since they are their own country's army and are no longer mercenaries, their salaries naturally have to adapt to reality, so the salary of soldiers is about five francs per day.
That's about one dollar.
Don't feel like one dollar is less. Now in the early 20th century, one dollar a day is higher than the salary of the middle class in the United States.
So in this calculation, Qin Zhiyuan earns 10 million U.S. dollars every month, which is probably just enough to pay Lanfang's army, not even government workers.
The salary of government workers is Huang Bohan's business.
For this reason, Huang Bohan almost broke his mind. There are not many government workers in Lanfang now. In fact, the total number is less than 10,000 people. In fact, Huang Bohan can get the salary of these 10,000 people even if he pays it out of his own pocket.
come out.
But that's not how work works. No matter how rich Huang Bohan is, he can't directly use it to pay salaries to government workers. Otherwise, he will have a reputation as a person who buys people's hearts. He still has to find other ways.
There are not many options to think about, other than borrowing money from abroad or issuing bonds domestically.
Borrowing money from abroad generally comes with conditions attached. Now the richest people in the world, and the ones who can borrow money, are Americans.
But Americans are not good people. If they ask Americans to borrow money, the Americans will directly ask Lan Fang to withdraw his troops from Zhenghe Island. Lan Fang will refund the money or not.
So the most convenient thing is to issue bonds internally.
Since January, Lanfang has issued four consecutive bonds, totaling approximately US$100 million.
All these bonds were digested internally by Huang Bohan, Huang Jinsheng, Guo Shenglong and Mao, among which Huang Bohan himself subscribed for more than 50 million US dollars. It is with this 100 million US dollars that Lanfang can now carry out so many constructions at the same time.
The rich people in Lanfang are still very rich. Just like in this bond issuance process, the rich people in the Lion City of Singapore also intended to bear part of it, but Huang Bohan didn't give them a chance at all. He just gave them up before leaving the office.
Bonds are all digested internally.
Before the founding of Lan Fong, if we look at the proportion of population, there were actually more Chinese in the Lion City. Of course, there were more wealthy Chinese in the Lion City than in the Dutch East Indies at that time.
In the process of Lanfang's founding of the country, wealthy Chinese people in the Lion City gave Lanfang a lot of help.
Lanfang did not forget them. After the founding of the People's Republic of China, Lanfang made a promise to the wealthy people in the Lion City. Whenever the Lion City needed Lanfang, Lanfang would do his best.
that's enough.
The reason why the wealthy people in the Lion City helped Lan Fang was partly because of the same ancestry, and partly because they wanted to find a backer.
The Lion City is now under the control of the British. Perhaps at some point, the Lion City will need Lan Fang's protection. At that time, it will be the time when Lan Fang will repay the Lion City.
So now in Lanfang, Qin Zhiyuan is responsible for the military and national defense, while the Lanfang government is responsible for the economy.
In the future, if Lanfang's economy starts to get on the right track, military expenditures will definitely be borne by the government, but at this stage, it can only be temporarily maintained in this way.
In extraordinary times, do extraordinary things.
Lanfang has not yet determined its currency system. Following the custom of Corsica, the currency currently circulating in Lanfang is actually the franc.
Huang Bohan has realized that something is wrong and is currently preparing to issue Lanfang's own currency. The face value of the currency has been determined, and the style and pattern have basically been determined.
Lanfang's currency paper currency, the basic unit of currency is yuan, the currency value refers to the franc, approximately one yuan is exchanged for one franc.
The maximum face value of Lanfang's currency is a hundred-yuan coin. The front of the hundred-yuan coin is Qin Zhiyuan's portrait, and the back is Wanghaizhou, the largest island in Lanfang.
The next currency is worth fifty yuan, with Huang Bohan's image on the front and Jinzhou Island on the back.
The next denominations are twenty yuan, ten yuan, five yuan, one yuan, one dime, and one cent. Among them, the above yuan are banknotes, and the below yuan are coins.
In order to ensure the smooth issuance of currency, Lanfang established a state-owned bank called the National Bank, which would be responsible for currency issuance and also have other functions such as savings, credit exchange, and so on.
The establishment of the bank marked the gradual stabilization of the financial order, and with the gradual stabilization of finance, Lanfang's finances also began to improve.
In fact, in Lanfang, while industrialization and large-scale infrastructure construction are ongoing, the original economic pillar industries are also continuing to generate profits.
For example, the oil fields in Daqing City.
The oil fields in Daqing City have been under development, because the supporting refinery has not yet been built, so now all exports are crude oil, and Americans are the largest buyers.
When Lanfang sells crude oil to the United States, it does not require the U.S. dollars printed by the Americans, but uses barter.
Lanfang is home to many northerners from the Republic of China. Northerners are actually more accustomed to eating wheat and soybeans than rice. However, Lanfang does not produce wheat and soybeans locally, so the United States has become Lanfang's largest importer of agricultural products.
To put it simply, Lanfang sold crude oil to the Americans, and the Americans exchanged it for wheat and soybeans of equal value.
In this exchange process, Lanfang was actually in a superior position.
For the difference in exchange, Lanfang asked the Americans to use other industrial products to make up for it, such as cloth, scrap steel, etc.
Previously, Americans had been selling scrap steel to the Japanese. The Japanese, who lacked resources, relied on scrap steel imported from the United States to continuously support Japan's expansion of militarism.
Lanfang is now importing scrap steel from the United States, which is equivalent to cutting off the lifeblood of the Japanese people.
At the very least, not to mention complete severance, the Japanese should no longer be able to get as much as they want.
Japan is a country that relies on imports for almost all its raw materials. In fact, its domestic foundation is very weak. If you cut off the necks of the Japanese and cut off their sea transportation lines, there is no need to attack it. In three months at most, Japan will be
will fall into chaos.
In another time and space, the reason why Japan was able to do whatever it wanted in the Republic of China was, on the one hand, because the Republic of China itself was unsatisfactory and had too much internal friction to develop its economy; on the other hand, it was because the United States was acting as Japan's logistics minister.
As long as it is supplies that the Japanese need, whether it is aviation fuel, cooking oil or even steel and food, as long as the Japanese need it, the Americans will vigorously supply it. Even if the Japanese have no money, the Americans will provide loans to sell it to them.
Even so, the long-term war still overwhelmed the Japanese. In order to obtain cheaper raw materials, the Japanese launched a war against the raw material producing areas in Southeast Asia.
The Americans controlled the Philippines at that time and had their own interests in Southeast Asia.
In addition, if the Japanese obtain the origin of raw materials, they will reduce their imports from the United States, which will affect the interests of the Americans, so the United States will directly intervene.
Look, is it very similar to the First World War? As long as you can still make money, it has nothing to do with Americans if everyone outside the United States dies. Once you can't make money, then Americans will roll up their arms and sleeves.
end.
So don't say that Americans participated in the world war for any reason other than justice. They were purely for their own interests and had nothing to do with justice.
In other words, what Americans call justice refers to American interests.
In fact, for Qin Zhiyuan, putting interests first is neither good nor bad. Qin Zhiyuan himself also puts interests first.
But the most disgusting thing about Americans is that they want to be bitches and build memorial arches, and they don't care whether others are disgusted or not.
The mainstay of Lanfang's economy is not just oil, but also rubber, palm oil, edible cane sugar, etc. These products are also exported, and compared to the Dutch colonial period, the output has increased and the profits are greater.
It's just that compared to the huge expenditure, the Lanfang government's current revenue still has a big gap, so it seems that it cannot make ends meet.
However, I think this situation will not last for long. In two or three years at most, when the current factories begin production, the Lanfang government's financial situation will improve, and it will gradually turn to profitability, and more and more.
Everything seems to be developing for the better.
Not all the news is good news.
In a certain corner of Wanghaizhou, five or six people gathered under the dim light, as if they were plotting something.
Davarisi, we can no longer endure the oppression of the bourgeoisie, we must stand up and fight resolutely against those vampires. A young man with thick eyebrows and big eyes looked majestic, and his hands were tightly clenched into fists.
On the chest, facing the north, he was impassioned and his eyes radiated an unwavering gaze.
Yes, we can't take it anymore
We must imitate Russia and establish a Russian Bolshevik-style government
I heard that the Lanfang government wants to attack the Bolshevik Davarishis in Russia. We should do something to cooperate with the Bolshevik Davarishis in Russia.
Some of the people nearby echoed, while others were smoking silently.
Regardless of whether the Lanfang government will attack Russia, we should all make our voices heard. That Laoshizi union now refuses our membership. This is really unreasonable. We must establish our own union and never accept the control of those vampires.
.The thick eyebrows and big eyes continued to be impassioned.