bookrebus Chapter 778 Plan Step 1
Chapter 778 Plan Step 1
Mark nodded and said, “Mr. Cohen, I think what Mr. Rogers said makes sense.”
"Mr. Cohen, we should put the overall situation first at this time."
Cohen did not express his opinion, but walked to the window, looked outside, and said slowly after a while: "Mr. Mark, you are right. At this time, we really should put the overall situation first."
"Please inform Mr. Shimadzu and ask him to send the medicine to Shanghai as soon as possible."
"If it's too late, he won't be able to take this train."
Mark gave Cohen a standard courtesy and turned to leave the office.
Cohen turned around, looked at Rogers and said, "Mr. Rogers, now that everyone is ready, let's get started."
"Yes, Mr. Cohen."
Shanghai Stock Exchange, Meihua Building, Joint Transport Department.
Chen Yang held the phone and said to the person on the other end, "Boss Ye, you, Mr. Yu, and Boss Qiao must stabilize the commodity market."
"The devaluation of the fiat currency is being manipulated secretly by someone, and this trend will not last long. If we lose our composure at this time, it is very likely to give others an opportunity."
"Yes, yes, you don't have to worry about the supplies. The price I supply you will not increase."
"What? You guys are still..."
"Well, okay, I respect your decision, and I'll handle the supplies according to your wishes."
After hanging up the phone, Chen Yang sighed heavily.
It was originally believed that the first thing the Jews in Hongkou District, led by Cohen, would do after obtaining penicillin was to stockpile the goods and wait for an opportunity to push up the price of the drug.
Who would have thought that this time they would not play by the rules.
The first thing they did after having a large amount of drugs in their hands was not to sell them immediately, but to short the stock market, artificially creating a financial crisis.
Starting from February 15th, the Jews desperately dumped the stocks, turning the Shanghai securities market into a mess.
This is not the key point. The key point is that because of the stock market turmoil, a large amount of funds began to flow into the Shanghai Stock Exchange.
At this time, the fake legal currency incident suddenly broke out.
Now, the price of legal tender in the Shanghai stock market has been plummeting again and again, and one US dollar can be exchanged for thirty to forty legal tenders.
If you buy more on the black market, you can get almost eighty French francs.
This also caused the prices of materials in the Shanghai Stock Exchange to skyrocket.
In the past, one dollar could be exchanged for one legal tender. In the 27th year of the Republic of China, one legal tender could buy 28 to 30 kilograms of rice.
Now, a bag of rice weighing 50 kilograms has risen to 60 French francs.
In other words, if you use legal tender to buy rice, you will need at least one yuan of legal tender to buy one kilogram of rice.
This incident affected more than just the Shanghai Stock Exchange.
The Flying Tigers recruited from the United States, the Third Squadron of the Flying Brigade currently training in Burma, are building airports in Yunnan and Hunan provinces.
This money was also loaned to Americans. According to the original exchange rate, the loan amount of 10 million US dollars is 35 million French francs.
However, the Americans saw the benefits and deposited 10 million US dollars in Citibank in Shanghai.
Then Citibank would exchange the French currency in the Shanghai black market. Ten million US dollars could be exchanged for 800 million French currency.
According to the previous exchange rate, they would have to repay more than 200 million US dollars for the 800 million French francs they borrowed from Shancheng.
Isn't this just treating the Chinese government like a pig to be slaughtered? Ten million US dollars has been multiplied by dozens of times. No one would agree to this.
Chinese Ambassador to the United States Yan Huiqing immediately protested to the US government.
Finally, the matter even reached the office of the then US Treasury Secretary, Henry Morgan Jr.
After several rounds of negotiations, the Americans believed that the money they lent should naturally be repaid according to the previous agreement.
However, the Shancheng side repeatedly insisted that the Nationalist government should supply as much legal currency as possible to the United States for use, and the United States should pay the corresponding US dollars according to the current legal exchange rate.
This proposal seems very reasonable at first glance, but in fact, it has a fatal flaw.
That is to settle at the current exchange rate.
Now Americans have basically lost confidence in the legal tender issued by China, and even think that the currency they issue is worse than waste paper.
It has plummeted tenfold in less than half a month. If it continues to fall like this, it will be worse than waste paper.
If the proposal of the Nationalist government was followed, ten million US dollars could be exchanged for 400 million French francs a month ago, and one month later, it would be possible to exchange for 4 billion French francs.
At that time, they will provide legal currency to exchange for corresponding US dollars, and they will only need one tenth of the price to repay the previous loan.
Isn't that also making fun of the American people?
The two sides were still arguing over the currency issue. Finally, the Premier of the Executive Yuan, former Minister of Finance Kong, made a proposal to the US government through the Ministry of Foreign Affairs.
The loans provided by the United States are settled in US dollars. Regardless of the exchange rate of the legal currency of the Nationalist government, they will repay the loans in US dollars in the future.
As for the expenses of the American Air Force in China, they will pay wages according to the official ratio of 1:40.
In this way, the farce finally ended harmoniously.
And this financial farce is just the beginning. The Shanghai Stock Exchange has long been abuzz with public resentment over the issue of legal currency.
Everyone has lost confidence in legal tender and is thinking of exchanging their cash for some valuable items to keep.
At this time, the life-saving miracle drug, penicillin, cleverly appeared in front of everyone.
Moreover, with almost no effort, the price of penicillin skyrocketed from its original $110.
In just a few days, the price has exceeded one hundred sixty dollars. If the current momentum continues, it is likely to exceed two hundred dollars per stick.
The middle class in Shanghai and some wives of officials went crazy, trying to find connections to buy penicillin.
They all believe that this medicine is more valuable than gold.
"Knock, knock, knock," there was a knock on the door, He Yuehua pushed open the office door and said, "Director, Boss Lin is here."
Chen Yang sat up straight and said calmly, "Well, I figured it would be about time for him to come. Secretary He, please invite him in and make him a cup of tea."
He Yuehua nodded and left the office.
A burst of hurried footsteps sounded, and Lin Tianbao rushed into the office in a hurry.
Without waiting for Chen Yang to say anything, Lin Tianbao panted and said, "Boss, these Jews are really evil. In just a few days, they have doubled the price of penicillin."
"Looking at this situation, they are ready to raise the price even higher."
Chen Yang raised his hand slightly and said, "Calm down, Dabao, you have made a plan, so you should have a rough idea in your mind."
Lin Tianbao frowned and said, "I didn't expect them to be so cruel. If there is a thunderstorm, many people will be drowned in the Huangpu River."
Chen Yang said calmly: "You can't stop it. The most terrible thing about people is greed."
I'll post two chapters first, let me think about it...