The first three items seem to have little problem, but in fact they contain great main interests.

For example, it is not allowed to cede territory to other countries without Britain’s consent. On the surface, it seems that Britain is trying to safeguard China’s territorial integrity, but in fact, once Zhao Dongyun agrees, it is a public announcement that China has become a British protectorate.
Before the recognition, it was not a big problem for the Qing Dynasty to sign various treaties with Britain. After all, Zhao Dongyun came to inherit these treaties, not because he wanted to do so, but because he had to do so. The strength of contemporary China gave Zhao Dongyun a hundred courage and dared not tear up those treaties.
Thinking about these conditions, Zhao Dongyun sighed in his heart, and he realized the original situation of Yuan Shikai in Xinhai!
Yuan Shikai won recognition from the British after the Xinhai, but he paid a great price, including declaring that he would not interfere in Tibetan land administration and not station troops in Tibet. This was the case that Yuan Shikai had apparently unified China at that time.
Today, Zhao Dongyun has not yet achieved the reunification of China, so he has not been loyal to the Beiyang Soviet Communist Party and the government in the same name as the army in the south and the Anhui army, and Wu Fengling has also fought in Hubei, Shanxi and the South.
This situation makes the British recognize that the Beiyang Soviet Communist Party and the government, the only government in China, need to pay a much greater price than history.
The price is so high that Zhao Dongyun is afraid!
To be fair, Zhao Dongyun doesn’t mind selling some national interests in exchange for the support of Britain or other powers. However, there must be a bottom line for selling national interests
He is willing to pay a little national interest in exchange for his own unification of China, strengthening and expanding his potential. However, if the national interest is too large, it will cause a great rebound in the country. At that time, it is estimated that the Soviet Union will be extremely dissatisfied with him. Wouldn’t it be stealing chickens and wasting rice?
Facing the British conditions, Zhao Dongyun hesitated for the first time!
Zhao Dongyun has always been a decisive person. He won’t drag his feet when making a decision, no matter how good or bad it is, he will make a decision quickly. However, this time he hesitated!
When Zhao Dongyun hesitated, the powers did not stop negotiating with the Beiyang Soviet Communist Party and the government. After the Americans and the British came out one after another, the Germans and the French of the Shikoku Banking Group also came out one after another to offer various conditions.
In the face of various conditions in these countries, Zhao Dongyun is not good at making a decision at the moment. He specially summoned Ge Lu Weixiang, Xiong Xiling and others to try to discuss a countermeasure.
But what he didn’t expect was that everyone had different opinions. There were support for reaching an agreement with the Americans, for reaching an agreement with the British, and for borrowing from France or Germany. Some people even wanted to throw away the big four countries and seek loans from small European countries such as Belgium and Switzerland.
"Simply from the terms, the United States wants more concessions. According to our recent negotiations with them, their loan terms for the aftermath have been reduced. It is necessary to build roads without financial supervision. Compared with the conditions with the British, there is no doubt that the main loss is much smaller."
On the other hand, Xiong Xiling said, "But it is more important for the British to admit that although we have to pay a little price for this, the interest on loans given by the British is lower. Once the British admit that we and other countries, including Japan, must look at the British face, it is very likely that Japan will be forced to give up supporting Duan Qirui. This is of great strategic value to our subsequent reunification. Can the Americans have this ability?"
Listening to the face-to-face argument, Zhao Dongyun didn’t speak for a long time!
The argument continued until everyone was thirsty. Zhao Dongyun looked up and looked around, and then slowly said, "Some conditions are acceptable, but some conditions are not!"
Zhao Dongyun spoke low, and a group of people all stared at Zhao Dongyun. They knew that Zhao Dongyun had already made a decision at this time.
"Britain admits that the asking price is too harsh, and the victim does not lose this beforehand! The road construction is also related to the owner, no matter who comes to talk about it, it is not allowed to agree! " After Zhao Dongyun spoke this sentence, he set the tone for this meeting.
That is, the Lord and the road must not talk!
Zhao Dongyun went on to say, "The salt policy mortgage can be temporarily loosened, but it should be noted that we must undertake the management of newly established salt policy institutions in Britain or the United States. Foreigners can supervise and advise, but we must make decisions."
On the other side of the railway, I still said that it is possible to borrow money to build a road, but the road is absolutely impossible to transfer the railway loan operational guarantee, but before repaying the loan, the foreign party can send personnel to supervise and suggest that the operation must be managed by us. "
"In addition, we were caught in a misunderstanding before. Although we worked out a plan ourselves, it was time to deal with the Shikoku Banking Group. Now the Shikoku Banking Group has been in name only. We can break it down and reach an agreement with them. Aren’t they going to build a railway? We’ll let one of them build one. Aren’t they going to borrow some?"
Speaking of this, Zhao Dongyun looked at the gentlemen again and said, "Don’t put the eggs in the same basket!"
At this time, Lu Weixiang tentatively asked, "The big president means to talk about railway loans after the disaster!"
Zhao Dongyun nodded "Yes!"
Zhao Dongyun made this decision, and those officials can naturally say that this is the case. The Beiyang Soviet government once again held secret negotiations with other countries, and this time they did not make any plans, but divided many plans.
This move makes Britain quite dissatisfied with why they want to talk to Zhao Dongyun privately. On the one hand, they want to further deepen their influence on China, and it is best to turn China into a British protectorate in one fell swoop. On the other hand, they want to monopolize the huge cake of after-care loans and railway loans. If Zhao Dongyun cuts this cake here, of course, they can grab a share for themselves, but there is something so cool as monopolizing the whole cake.
However, some people are unhappy and others are happy, especially Americans, Belgium and other small countries.
It is really difficult for them to compete directly with the British. However, Zhao Dongyun has split up the after-care loan and the railway loan, which means that no matter how much they have, they have a chance to compete for a part of it.
Chapter three hundred and sixty-five Grab the cake
Zhao Dongyun separated the after-care loan from the railway loan, and then negotiated with other countries separately. Although countries, especially Britain, were dissatisfied, they quickly achieved practical results.
On December, the CPSU and the government formally signed a loan agreement with Germany, in which they borrowed 3 million pounds from Germany at a 30% discount and paid 5% interest, which was repaid by part of the tax mortgage in 20 years.
Of course, there are still a bunch of additional conditions. The CPSU and the government admit that the former Qing Dynasty and Germany’s treaty loans must give priority to repaying China’s arrears to Germany, and the remaining half must be purchased from Germany, including military materials and machinery.
The reason why the agreement was signed with Germany so quickly is that the Soviet government has ordered a large number of military materials, especially artillery, from Germany in recent years. At the same time, the Soviet Union also wants to import more German machinery, but it has no money in hand. Germany just wants to continue selling arms through the loan model.
You know, Germany’s biggest benefit is to lend Zhao Dongyun money for arms trade. Just continue to expand this benefit. Although Germans majoring in railways want to get involved, it is very difficult. It is good for them to get the arms trade order first.
The head of Germany means that the banking group of the four countries has completely disappeared, and then the French also signed an agreement with the CPSU and the government to borrow 2 million pounds. The conditions are almost the same as those of Germany, which recognizes the limited repayment of debts in the previous treaties.
After signing loan agreements with the Soviet Union, France and Germany did not end there, but continued to negotiate with the Soviet Communist Party and the government to try to compete for the big cake of railway loan.
At this time, Americans can’t sit still. They are also going to build roads first, and they immediately promised to give up building railways directly and change to railway loans. Plus, they don’t have much main interests, and soon they signed a phase agreement.
There are two parts to the agreement. One is to borrow 10 million pounds from the United States in the aftermath loan to mortgage the salt administration income. China will set up a new salt administration department. The United States can send a general consultant to supervise the salt administration. The money will be delivered at a 10% discount and the interest will be 5%. China will continue to recognize that the former Qing Dynasty signed various treaties with the United States, and at the same time, one third of the money owed to the United States must be repaid first. It is necessary to purchase warships from the United States and add a rider to increase the number of international students from 100 to 200 every year.
The second part is the railway loan agreement. China Railway Corporation borrows one million pounds from American enterprises to build the Longhai Railway, which will be repaid in 30 years. During the repayment period, the United States and China Railway Corporation will jointly send personnel to set up Longhai Railway Company, and the Chinese side will be responsible for the profits from the railway operation supervised by the United States to repay the loan.
This railway loan agreement is a product of compromise between the two sides. The United States gave up face-to-face operation, while China was forced to accept the supervision and operation of American enterprises
After-care loans and railway loans combined, Americans got a one-time loan amount of up to 10 million pounds, which is the biggest piece of cake for Americans so far.
In the face of Germany, France and the United States reaching an agreement with Zhao Dongyun one after another, the British can’t sit still, especially after Zhao Dongyun officially gave up seeking formal recognition from the British side, the British lost its greatest condition.
After hearing that the Belgians, Germans, Americans and Russians all robbed the loans for the Jinpu Railway, John Newell Jordan finally found Zhao Dongyun at Xiyuan Presidential Palace again, and then signed a loan agreement in a friendly atmosphere.
The British side borrowed 10 million pounds from China and mortgaged the salt revenue. At the same time, the British also asked to send a consultant to supervise China’s new salt administration, with a 10% discount and a 5% interest. Zhao Dongyun must admit that Qian Qing signed a treaty with Britain.
Then there is the Jinpu Railway Loan Agreement and the American Railway Loan Agreement, which are similar to the British loan of 7 million pounds to the China Railway Corporation. The British side sent a chief engineer to provide technical guidance and sent personnel to supervise the daily operation of Jinpu Railway Company during the repayment period to repay the loan.
This series of negotiations on after-care loans and railway loans lasted for a whole December, and it was not officially finished until the beginning of January 19.
By this time, Zhao Dongyun had obtained a total of 27 million pounds from Belgium, Germany, France, the United States and Britain to borrow money for the aftermath of the railway. Although there were more than 10 million pounds, the money was for repairing the railway and Zhao Dongyun himself was not much, but Zhao Dongyun took out the cake to attract countries to borrow money for the aftermath.
This total loan of 27 million pounds is what Zhao Dongyun really wants!
However, this loan of more than 27 million pounds does not mean that it can be obtained. After deducting discounts, all kinds of mess, and many arrears in the previous settlement, Zhao Dong Cloud can get less than 10 million pounds.
And this 10 million pounds will be delivered in installments, and the first delivery is about 5 million pounds
That is to say, although Zhao Dong Cloud and other countries signed a loan agreement with a total loan amount of 27 million pounds, the money he could get in January 19 was only 5 million pounds.
Zhao Dongyun released this money to the Bank of China as a reserve for issuing paper coins!
After all, these pounds are all gold currency, and gold can almost be used as a reserve to issue Hua Yuan paper coins.
However, due to the oversubscription, the currency issued with Hua Yuan Paper can be more than 5 million pounds.
With this 5 million pounds as the foundation, the financial situation of the Soviet Union was improved in the early 19th century.

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