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Text 316 The tranquility before the war

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    Right after the Olympics.  China gained an unexpected harvest in its first Olympic Games. The whole world was enveloped in an atmosphere of peace again. China's negotiating delegation visited Japan and made a historic leap in resolving years of differences between China and Japan and restoring normal diplomatic relations.  step.  In this regard, no matter what kind of mood each country has, newspapers everywhere are always full of praise.

    The fierce opposition of young people in China has not received a positive response, especially since the major opposition parties have focused their energy on the election. Various waves of protests have had a strong end and have gradually died down. Only the newly formed overseas Chinese corps has  Young people wrote letters and sent them to Nanjing one after another.  They are not opposed to negotiations. If they can exchange for the country's territory and sovereignty without bloodshed and the country's stable development, they are willing to give up their hostility and struggle against Japan.

    Time flies to the end of the year. In the year 1924, the entire world, and even the entire history of mankind, is undergoing a quiet turning point.  During this year, the central government in Nanjing, which faced a serious financial crisis, took a number of drastic or long-term measures to finally get the central government through a difficult period.

    ¡°However, the central financial crisis has not affected the vigorous and rapid development of the private economy at all.  Especially after the initial ceasefire between China and Japan and the start of peace negotiations.  The commodity exports of private light industry increased at a rate of more than 10%.  China's advantages in capital, technology, and especially labor costs accumulated over the years have enabled China's light industry to make great strides towards the world.

    Chinese businessmen have never lacked wisdom and courage. In the late Qing Dynasty and the early Republic of China, when foreign merchants had a complete advantage due to internal and external troubles, national capital merchants were able to survive and grow in the cracks, and some even created impressive achievements.  Not to mention that Huafei has been pursuing policies to benefit agriculture and promote business over the years, which has led to the rapid expansion of China's national commercial capital and the rapid growth of its national capital team.  Many of these growing national capitalists have received more or less help from Hua Fei, either through policy help or preferential loans from banks under Hua Fei's name. Some businessmen even have investment companies under Hua Fei's name.  of shares.

    While the team of national capital businessmen continues to expand, Hua Fei has not forgotten the traditional ideological influence of patriotism and love for these businessmen who have a certain sense of gratitude, allowing some Confucian ideas to influence China's national businessmen, allowing businessmen to  As far as possible, businessmen should adhere to the moral principles of people first, country second, profit second, instead of cultivating a group of profit-seeking and unscrupulous people with the development of society and the rapid development of commercial market economy.  vampire.  And he is still an incompetent vampire who only sucks the blood of the people.

    At the same time, the major industries and companies under Hua Fei's name have also grown rapidly.  Among them, there are more than ten thermal power plants with more than 50 shares, and we have invested in several hydroelectric power plants under construction.  And his capital participation in highway construction, railway construction, and even water transportation construction exceeded the government's investment, and the scale of capital exceeded people's imagination.  Regarding the recovery of the cost investment in these transportation constructions, Huafei does not take huge profits or monopoly profit as its fundamental purpose.  However, calculated from the capital return ratio, the income from these huge investment projects is far lower than other industries, let alone the capital return rate in the United States.

    In addition, the wholly-owned Pacific Bank established by Huafei very early has grown into the second largest bank after the National Bank, and its position in China is absolutely unparalleled in many aspects such as commercial credit, credibility, service satisfaction, etc.  and.  The reason why the National Bank can surpass the Pacific Bank is because it accepted a large amount of national banks and capital after unifying Beiyang.

    besides.  Global Trading Company, Oriental Holiday Hotel Group, Thunderbolt Motor Company, Yongan Insurance Company, Uni-President Railway Company, Deep Blue Ocean Transportation Company, Lightspeed Airlines, Yongxin Department Store Group, Huatong Electric, Sino-German Chemical Industry, Xinsheng Pharmaceutical under the name of Huafei  Factory, Bailian Iron and Steel Group, Qiuxin Shipyard, New Century Shipyard, United Energy Group, Wing Loong Aircraft Manufacturing Factory and other industries that are either independent, holding shares, or joint ventures, have all become leading enterprises in various industries in China.  Some companies have even become famous in other countries around the world. For example, Xinsheng Pharmaceutical Factory took advantage of the great influenza that year. In countries such as Spain, the name of Xinsheng Pharmaceutical Factory and its status in the minds of the people are absolutely unimaginable to outsiders.

    These companies do not include pure military weapons and equipment factories, although the vast majority of military factories, Huafei, only hold shares, not even controlling shares.  But whether it is Jiangnan Shipyard, Wuhu Arsenal, Bengbu Tank Factory, etc.  The value of those shares alone is a huge amount.

    In addition, if you include the industrial, financial, stock and other assets and values ??invested overseas, Hua Fei's current wealth cannot be described as huge.  Forbes, which has now been published, has not released his rich list that will have great influence on future generations. If this list is really used to calculate the ranking, there will definitely be no problem for Hua Fei to enter the list.

      The accumulation of Hua Fei's private wealth has nothing to do with Hua Fei's grasp of historical nodes, the concentration of personal rights, the relative monopoly of China's domestic heavy industry, and the early bank currency issuance rights.  However, Hua Fei pays little attention to the growth of these private wealth. He already has a set of highly efficient and strictly monitored institutions running his capital.  Huge wealth has become an important focus of attack by the opposition parties in recent years. However, since almost all the enterprises under Hua Fei's name have good reputation and reputation among the people, the saying goes that the people come first, the country comes second, and profit comes second.  The inscriptions written by Hua Fei are placed in every merchant controlled by Hua Fei, always alerting the managers of the companies under his name.  In particular, companies represented by Kang Min Liang are engaged in social and people's livelihood, price stabilization, disaster relief and other aspects.  play a great role.  In any case, the money is earned by those who make it. Due to the existence of these enterprises under the name of Hua Fei, the people have been able to obtain products with more reliable quality at lower prices, and the business environment in the entire society has become fairer. Who has any complaints?  That would really draw public outrage.

    What makes Hua Fei most happy at the end of this year is not how much his wealth has increased, but that the production and sales volume of the wholly-owned Raiden Automobile Company has exceeded two million vehicles, of which more than 500,000 were exported.  The Thunderbolt sedan has won a lot of reputation in Europe and the United States for its novel design appearance, good and reliable workmanship and quality.  If not for strict quality control.  The huge demand means that even if Raiden doubles its production capacity, sales will not be a problem at all.  However, Leiden's management, who adhered to Huafei's business philosophy, strictly controlled quality, expanded production capacity in an orderly and gradual manner, and produced batches of extremely reliable cars, which instead won them great brand reputation in domestic and foreign markets.

    Hua Fei's happiness is not because of how much profit two million cars can bring him, but because of the sales of more than one million cars in the country. From the side, it can be seen that the national wealth of the country has increased, and there are more and more rich people.  Can reach the level of consumer cars.  If the people are rich and the country is strong, but if the people are not rich, the so-called strong country will always only be strong on the outside but weak on the inside.  Moreover, if the people are not wealthy, no matter how strong the country is, it will be difficult to gather the support of the people for a long time.

    ¡°Whether you admit it or despise it, people¡¯s hearts and minds can always play a vital role and influence at critical moments.  For example, on the issue of negotiations with Japan, if it were replaced by the late Qing government or even the Beiyang government, the awakened national consciousness would inevitably explode.  However, since the central government in Nanjing, which has always had a tough image and never gave in on national interests, is presiding over the negotiations, many people are willing to believe that Nanjing will not betray the national interests even in negotiations.  Even though there is a considerable wave of opposition in various places, not only is the situation of this protest controllable, but the will is just a voice.

    At the most critical moment for the central finance in Nanjing, someone also proposed in the newspaper that Hua Fei donate his private wealth to the central finance to help the central government tide over the crisis.  But Hua Fei did not choose to do this, not because Hua Fei was stingy with money. On the contrary, Hua Fei did this many times, but each time he found that the result of doing so could not solve the problem at all.  And precisely because of this reliance, the guys at the Financial Secretary lacked due vigilance against possible crises, let alone taking measures.

    And although Hua Fei has a lot of assets.  But many of them are industrial and real estate, and limited cash reserves are needed to provide subsequent guarantees for the development of enterprise groups.  If we want to solve the huge gap in the central finance, we will not only need to use all the cash reserves, but also damage many enterprises that are developing rapidly. It is really a last resort.

    At the end of this year, after solving the biggest problem in his heart, Hua Fei had time to go to the theater to watch the first movie produced by Galaxy Pictures after its establishment - Children of Heroes.  This company, which was jointly funded by Galaxy Investment and Star Group, acquired several well-known domestic film companies and reorganized and merged the new company. It has become one of the most powerful film companies in China with the most abundant funds and cast.

    "Children of Heroes" is based on the original Taiwan landing battle, and is based on the bloody landing battle of the Iron Blood Company in Anping. It truly and cruelly presents the panoramic view of the war on the movie screen.  In the theater where Hua Fei watched, the sound of war guns and gunfire combined with the rapid scenes were so tense that it made people breathless. In the end, he rushed to the enemy's position and used his gun to clear the mine array, clearing the way for his comrades behind him.  The scene, the shouts to the sky, the attachment and reluctance to look back at the motherland, the stillness and determination at the moment of departure, completely shocked everyone's hearts.

    Cheng Kun¡¯s figure, who rushed towards the mine formation, was submerged in the fire of the mine explosion. The entire cinema slowly became quiet. There was silence in the theater with more than a thousand people, except for the noise of the movie machine still rotating.  Many of the people present had seen movies, but this was definitely the first time they had seen a movie with sound like this, in which the actors could speak the sounds.  However, what shocked them was not only the technical breakthrough, but also the plot of the entire story, andThe expressive power on the screen has completely shocked people of this era.  No matter how vivid and detailed the descriptions in the newspapers were, this feeling of being like being there completely drained one's soul.  It was as if they were no longer spectators, but soldiers in this tragic charge, comrades-in-arms of the fallen heroes.

    The entire audience in the theater was silent. When Hua Fei looked back, he could see countless sparkling tears.  Suddenly, I don¡¯t know who was the first to applaud, and the whole cinema burst into applause.  All of them expressed the suppressed impulses in their hearts with the crazy enthusiasm of their entire lives.

    Galaxy Pictures' first film was not a big breakthrough in technology, and this sound film could not be considered a real movie. It only used a gramophone to play the sound effects and dialogue synchronously with the movie pictures, thus achieving the goal of a sound film.  Effect.  However, this attempt, which is not new, had a great impact on the audience due to the film's powerful visual and auditory shock, plot appeal, etc., and quickly aroused huge repercussions in newspapers, broadcasts and other media.

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    With the growing influence of "Children of Heroes" and Hua Fei's special donation to the film, ticket prices have been significantly reduced so that more people can enter the theater to watch the first movie in their lives.  Some workers are even willing to spend their wages to watch movies with their families, treating it as a major entertainment activity.  And those children who walked out of the movie theater couldn't help but have the idea in their hearts that when they grow up, they must be heroic soldiers of the National Defense Forces like those in the movie.

    The film was subsequently screened for free in the military and schools on a large scale, and was gradually promoted to rural areas.  Whenever there is a place, it is simply empty.  People from all over the country rushed to the movie screening point after breakfast to get a good viewing position early.  Even thieves in areas with poor security gave up on this God-given opportunity to make a fortune and went to watch movies.

    At the beginning of the year, Mussolini formed a cabinet in Italy and successfully entered the stage of history.  The negotiations between China and Japan have been full of twists and turns, and progress has been very slow.

    In Japan, calls for peace talks with China have also begun to rise.  Whether it is the emperor, the cabinet government, or even the Japanese military, they all realize an undeniable reality. In the current confrontation with China, Japan's advantages are gradually being weakened, and it does not gain much benefit at all.  Gone are the days of the Sino-Japanese War that made Japan rich overnight. Continuous wars will only deplete Japan's economy and national strength, causing the two East Asian powers to both lose in the fight against each other.

    It is precisely because this kind of thinking began to arise in Japan that Japan can maintain a temporary peace with China in Northeast China and Taiwan.  It also allows the Chinese negotiating delegation to maintain negotiations and stay in Japan.

    From the very beginning, Hua Fei did not place his hopes on negotiations.  As a soldier and having experienced the bloody storms of the underground society, he understood very well that any negotiation must be backed by strength.  Even in the brief details of Wang Yan's submission, Wang Yan also pointed out that negotiation is just a strategic fog, a delaying tactic used to paralyze the enemy when current military methods fail to work.  Hua Fei strongly agreed with this view, so when the Nanjing Central Committee was concentrating on resolving the financial crisis, he took the initiative to extend an olive branch for peace, gave up his tough stance, and induced Japan to accept a temporary ceasefire during the peace negotiations.  It is just so that the government can take a breath, and it is just so that it can accumulate strength and withdraw its fist, waiting for the moment when it strikes hard.

    Starting three months ago, Hua Fei began to systematically withdraw investment from foreign markets such as the United States and secretly import cash into the country. By the end of January 2025, the amount of cash that Hua Fei could directly use had reached  200 million Singapore dollars, equivalent to a value of approximately US$100 million.  All this cash was not monitored by the central government, but was transferred from a secret account at Pacific Bank to an extremely confidential agency set up by the National Defense Forces, the Military Strategic Development Planning Office.

    The Military Strategic Development Planning Department does not have the power to mobilize the military, or even have any intervention power in the military. It is directly led by Hua Fei, responsible for handling the tasks assigned by Hua Fei, and then returns them to Hua Fei, and through the General Secretary of the Three Armed Forces of Hua Fei.  In the name of the commander, it is distributed to the army. From this point of view, the power of this strategic planning office is transcendent.

    Huge funds of up to SGD 200 million have been injected into the Strategic Planning Department, and they are still being injected.  100 million US dollars is considered a very huge sum of money in this era.  Hua Fei did not hesitate to give up the excess profit returns that could be obtained in the United States, and it was also very determined to withdraw such a huge amount of funds.  You must know that until 1933, the entire U.S. military expenditure??It's only US$500 million, not counting inflation.  {Data refer to Rolle Berenice: "The Design of Total War"}

    This cash injection was mainly secretly injected into major military factories through the Strategic Planning Department to purchase various weapons and equipment.  For example, the army's heavy artillery, towed artillery, new practical tanks, heavy machine guns, mortars, individual weapons, ammunition and a large number of new equipment are stored secretly through confidentiality channels and various cover methods.  .

    In addition, the Air Force and Navy have also adopted similar methods. Due to the injection of funds, the production speed of aircraft has quietly begun to accelerate. On the surface, the number of formal trainer aircraft of the National Defense Force and Air Force has increased rapidly, and a large number of pilots have been trained.  The number of aircraft currently in service is only one-third of the number of pilots on staff.  In the closed docks of the Naval Shipyard, the construction of warships, submarines and other naval weapons and equipment that had been slowed down due to funding problems has resumed unnoticeably accelerated construction.

    All arsenals seem to be the same as usual, but in areas where no one is paying attention, numerous sentries have been secretly added, and workers are strictly restricted from going out.  The entire military industrial field is tight on the outside and tight on the inside. It is quietly accelerating the production of military products and making every effort to reserve war energy.
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