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Volume 2 Beijing Story Chapter 151 Strong Soldiers and Strong Horses

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    Update time: 2012-08-10

    Another safeguard for the smooth issuance of the new Chinese Yuan is that the Chinese Yuan appears as a new currency, not silver dollar bonds. The Chinese Yuan uses US dollars as its issuance and exchange reserves, not silver dollars. Therefore, the Chinese Yuan is widely used in Bank of China and Communications.  All bank outlets cannot exchange for silver dollars, which prevents the occurrence of such a thing as Zhongyuan going around the people and exchanging silver dollars from the two banks.

    Of course, silver dollars and silver liang can be converted into Chinese dollars according to market prices, but not vice versa. Such a monetary policy actually declares the end of the mission of silver dollars and silver liang as Chinese currencies, even if the government announcement only states that silver liang and silver dollars will be completed in the circulation market within five years.  of exit.

    As full support for the Chinese government¡¯s participation in the war and the reform of its fiscal and monetary systems, the U.S. Banking Group announced today that all U.S. dollars in the Chinese market can only be exchanged for Chinese dollars instead of silver dollars or silver dollar certificates when converted into Chinese currency.  This directly cuts off the possibility of foreign currencies taking advantage of the fluctuations in silver prices to speculate on China's silver dollar.  Immediately afterwards, countries such as Britain, France, Japan, and Russia announced the same foreign exchange exchange rules.

    Foreign exchange can only be exchanged for Chinese dollars, not silver dollars or silver dollar certificates. This radical move is actually the most solid guarantee for the issuance of the new Chinese dollar, and it is also the biggest victory China has achieved in its foreign negotiations. In order to effectively tie China to  Britain, the United States, Japan and France have invested heavily in their own tanks this time. Of course, it is the United States that is pushing the most vigorously and resolutely. As a result, the dominance of the US dollar in the world monetary system has been further consolidated.

    After the issuance of the new Chinese Yuan, all central government budget expenditures will only be in Chinese Yuan. The salaries received from civil servants to teachers will be in the New Chinese Yuan and not others. All merchants and industries registered to open businesses are not allowed to refuse to accept Chinese Yuan.  Yuan, otherwise the door will be closed and the business qualification will be revoked.

    The issuance of the new Chinese Yuan and the establishment of foreign exchange exchange rules actually made the Bank of China and the Bank of Communications become the foreign exchange banking centers. As a result, the foreign exchange in the Chinese market gradually became converted into Chinese Yuan and gathered into the hands of the two banks. The power of the great powers  The history of commercial banks issuing their own silver dollar bonds in China has gradually come to an end. In the short term, the price paid by foreign banks is not small, but in the long term, a Chinese dollar with strong credit is of great benefit to safeguarding the investment of major powers in China.  No harm done.

    Of course, Wang Geng, a proud man who has achieved great success in the three-pronged fields of diplomacy, finance and military affairs, has become the second-largest general in the Anhui Clique after Xu Shuzheng, the de facto right-hand man of the Prime Minister, and a great figure in Chinese politics.  A dazzling star for a moment.

    The people who are most unhappy with the issuance of the new Zhongyuan are the governors of the separate provinces, especially the warlords in the southwest who mint their own coins. As for the dozen provinces in the Beiyang sphere of influence, they are still stable. Once the military expenditures follow the public debt  Secondly, apart from issuing some temporary military coupons, they did not go that far in privately minting currency. Thirdly, the Ministry of War has already spread the word that China's participation in the war is a national event, and the central and provincial armies have the opportunity.  Dress up and reorganize and expand.

    It must be known that both sides invested millions of people in a single battle of the European War. China currently only has nearly one million troops in the Army Department. The number of soldiers is far from enough. There are plenty of opportunities for progress!  In fact, on this day, the governors of the 13 Beiyang provinces and many members of Congress came to Nanyuan for review with the Prime Minister and the Cabinet.

    The arrival of the first batch of US aid arms, as well as the smooth recycling and sorting of old Beijing banknotes, and the smooth issuance of the new Chinese yuan, have raised the reputation of the Prime Minister and the current cabinet to the highest peak among the public and the press.  Duan Qirui looked at the piles of brand-new Springfield rifles and the majestic 30,000 elite tiger soldiers. Behind him were the flattering governors of the 13th province and representatives of the 22nd province. On both sides were his right-hand men Xu Shuzheng and Wang Geng, the state affairs minister.  For the first time, the Prime Minister felt comfortable and happy that everything was under control.

    On this day, the Prime Minister and Chief of the Army personally announced the appointment of the Ministry of War. Wang Geng, the Supervisor of the War, awarded General Long Wei the title of Army Lieutenant General and Army General. While serving as the Commander-in-Chief of the Model Army participating in the war, he continued to serve concurrently as the First Army Commander.  Division commander and chief of staff Jiang Hongyu were promoted from major general to lieutenant general. Shi Jingting, commander of the first brigade of the first division of the participating army, Qiu Bin, commander of the second brigade, and Liu Yufen, commander of the third brigade, were all promoted from colonels to major generals.

    At the same time, based on Wang Geng¡¯s recommendation, Jiang Baili, the former advisor to the Presidential Palace and the former principal of Baoding Military Academy, who was idle at home, was appointed as the leader of the model training group for the participating armies, and was awarded the rank of Army Lieutenant General!  Originally, a regiment leader who participated in the war did not need the premier and chief of the army to come forward to confer a title with great fanfare, but Jiang Baili was invited as an instructor by Corporal Wang Genglixian, so Lao Duan had to put on a show.

    In order to balance the position and relationship between Xu Shuzheng and Wang Geng, the Ministry of War awarded Xu Shuzheng the title of Yuanwei General the day before. In addition, the sweet dates that Lao Duan gave to his favorite general were after the election of the new Congress in August.  Prime Minister to step down as ministerAs the Chief of the Army, Xu Shuzheng, the deputy commander, was naturally the successor.

    What Xu Shuzheng saw from Wang Geng was only his ability and vision. The guy who came back from West Point was far from the stage of cultivating cronies, excluding dissidents, and fighting against himself. As a man who regarded the country and the nation as more important than himself, Xu Shuzheng came to  He said that Wang Geng laid out everything he had done in front of Duan Qirui and himself, from taking five concubines to becoming sworn friends with Lu Ding, and even such small things as going shopping with Lu Mei and his secretary Duan Hongbin on weekends.  All spread out in front of you.

    This Wang Geng is too cunning, saying that he only engages in intrigues and not conspiracy within the Anhui clique. Judging from the Xia Yiting and Lu Ding he has attracted, they both belong to the research department or the Southern Party. Within the Anhui clique, especially Xu Shuzheng's  An acre of land is divided into three parts, and this guy doesn¡¯t move a finger at all, especially when it comes to the financing and share expansion of Bank of China and Bank of Communications, as well as the sorting of old banknotes and the issuance of new banknotes. In Wang Geng¡¯s eyes, the Ministry of Communications and Bank of Communications and the Ministry of Finance  Bank of China treats everyone equally.

    Not to mention Lao Duan, even Xu Shuzheng himself unknowingly regarded Wang Geng as a strong ally that he could rely on. Although the continuous growth of the participating armies and Wang Geng's inextricable relationship with the American political and military circles sometimes made the Army  The deputy chief had a special feeling in his heart, but Xu Shuzheng gradually gathered up this jealousy and hid it in the deepest part of his heart. Whether it was Anhui or Beiyang, it was still a time when we were sharing weal and woe, far from being rich and powerful but not knowing each other.  stage!

    The inspection and review by the Prime Minister and Chief of the Army in Nanyuan means that the First Division of the Model Army participating in the war has officially been included in the combat establishment!  This day is a new milestone for the entire participating army.

    Thanks to Wang Geng¡¯s efforts, the first batch of U.S. aid munitions was no better than plundering all the m1903 Springfield rifles from major arsenals in the United States. The first batch of munitions urgently shipped included:

    1. m1903 Springfield rifle: 50,000 pieces

    2.7 Rifle ammunition: 50 million rounds

    3. Colt caliber automatic pistol: 20,000 .45 caliber pistols and 5 million rounds of bullets

    4. American-made Dodge 1-ton semi-military truck (wide tires and all-steel wheels): 200 units

    5. American-made Ford 1-ton TT multi-purpose vehicle (wide tires and all-steel wheels): 200 units

    6. American-made Ford Model T utility vehicle (wide tires and all-steel wheels): 300 units

    The m1917bar squad machine gun, the m1917a1 water-cooled heavy machine gun and the m1 Garand semi-automatic rifle will not be available until the second batch of arms at the end of June at the earliest. As for the cannons, the Americans have simpler ideas. After discussions with Wang Geng, the Americans  **The aid procurement contract for the artillery aided by China was directly subcontracted to Japan!

    The French 75mm caliber mountain cannon was replaced by the Japanese Type 41 75mm mountain cannon, and the field artillery was replaced by the Japanese 75mm caliber Type 38 field cannon. Fortunately, these two Japanese cannons are considered replicas of French artillery.  It is a variety with almost excellent performance, but Japan's production capacity is also limited. The Japanese artillery that came with the first batch of munitions from the United States, there are only 72 mountain and field guns, which is less than 10% of the total order of 1080 guns each.

    As for the 155mm caliber howitzers in the original order, they were replaced with Japanese 150mm caliber howitzers, and the first batch of delivery was a pitiful number of only 24.

    In any case, when the last few days of May passed, the First Division of the Chinese Model Army was almost fully equipped except for the lack of machine guns. Although Wang Geng selected from the entire army in mid-April,  Drivers received assault training, but when 700 military vehicles were unloaded from the train flatbed, the participating army's brigades and heavy regiments could only muster more than 500 drivers.

    Wang Geng's Guard Battalion Commander Feng Zhi'an has been promoted to the commander of the Seventh Regiment of the Third Brigade of the First Division of the Participating Army, and Zhang Zizhong has also rocketed up to become the Major Commander of the Guard Battalion. The Guard Battalion he first led  In the first company, more than a hundred young men were forced to learn to drive vehicles in less than two months. Therefore, when 700 military vehicles arrived, less than half of the baggage drivers were Wang Geng  A cameo appearance as a Guards Company soldier.
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