After Yu Huizu's funeral, many official duties followed one after another, the most important government affairs were the Soviet delegation, and the conference affairs were the next prime minister. ¤, the former was not difficult to deal with. The Russian famine that began last year was not as good as history, thanks to the rescue of the US Food Agency under Hoover. At this time, the ones transported to Russia were China's low-priced loans to grain. Compared with Americans who wanted to subvert the Soviet regime with disaster relief, the Bolsheviks believed that the Chinese were more reliable, although the food would need to be paid with minerals in the future.

This time, a delegation composed of Molotov and Bukharin came to China. In addition to expressing their gratitude to the previous grain loans, another purpose was to hope that the Chinese government could fulfill its previous recognition to give the Soviet long-term constructive loan after the situation in Russia was calmed down. This is not a difficult thing to deal with. Yang Rui believes that in this time and space, the Soviet Union will have a much longer lifespan than history. China currently lacks non-ferrous metals and may lack oil in the future. These are Russian payment methods; at the same time, its own treasury is full of silver that is constantly depreciating.

As for the latter thing that was mentioned by Cai Yuanpei in a joke one day, he suggested that Yang Rui serve as prime minister again, and then end his term of office of "no matters to three". He still said that this was not to ask Yang Rui to learn from the first US President Washington, but if this was not the case, it would be detrimental to the long-term stability of the country. A tree stands out from the forest, and other trees will be blocked by it.

In his heart, no matter what reason Cai Yuanpei is for, this principle is correct. For the country, it is extremely necessary to improve the training of leaders and succession mechanisms, but what Yang Rui is worried about is that successors will stuff the American things into the national system. In his opinion, the democracy and freedom of the United States seem to be sour, softening and powerless; while Russian Machinism is alkaline, which burns away everything that does not belong to the spirit of Max. At the same time, with the skills and experience of the Bolsheviks, they will put on a layer of cloak of democracy and freedom, mix with the "good guys" like Cai Yuanpei and Hu Shi, to dissolve the entire Revival Society and government organizations.

But if the successor can ensure the stability of the policy, he can indeed let go for a while. However, this question is too complicated. Cai Yuanpei raised this question. Without waiting for others to object, he immediately asked, 'Who can do it?'. This sentence confused Cai Yuanpei's question on the spot, but after asking, he still put the question at the Standing Committee at the end of the month. No matter what, this is a question that must be carefully considered. He had thought about it before, but from the founding of the country, there are too many things to consider, one after another. Only when the Washington Navy Treaty was approved by the US Senate, his tense nerves were completely relaxed.

"Prime Minister, the Russian representative has arrived, Mr. Chong'an is accompanying him, right?" Shortly after work, Li Zilong reminded that even after visiting some domestic construction projects, the Russian delegation also worked in Beijing for many days.

"Please come in." Yang Rui nodded. When the Russian delegation first arrived, he met quickly. They proposed to visit China's construction projects, and Yang Rui was going to Shanghai again, so many things were discussed by Xie Zhangtai.

When Xie Zhangtai brought Russia in, Yang Rui got up without waiting for them to salute. He looked at the more elegant and younger human being, "Is this Comrade Bukharin? One of the best theorists of the Revolutionaries."

Bukharin has been in China for many days. It is not surprising that Yang Rui knows him, but he knows that he is one of the best theorists. Not to mention Bukharin, even Molotov next to him and Ambassador to China Galahan were also surprised. After Yang Rui said that Bukharin, he looked at Molotov, a post-90s post-90s Molotov, and smiled and said, "This should be Comrade Molotov, a fearless proletarian revolutionary like a hammer!"

Because of China's support to Russia, Yang Rui, an old revolutionary, was praised by Comrade Lenin, and claimed that the Russian Revolution was also learning the strategies he used to use the peasants. Of course, the real strategy of the Revival Government was to support the peasants rather than use them, but it was more because China did not have the plan and responsibility to liberate proletarians around the world, nor was it blocked by capitalism, so there was no need to use them and exploit farmers to achieve industrialization.

An old nationalist revolutionary praised himself so enthusiastically. Bukharin smiled happily. He highly praised the strategies implemented by China when he advocated the new economy. Unfortunately, the world war has ended and Russia's new economy is under great pressure. Because of the hostility of capitalism, the lease system may not attract much foreign investment. What the Bolsheviks can do now is to let the church give treasures and sell the Tsars out loud, Yang Rui also bought a lot with royalties. Compared with Bukharin's joy, Molotov only smiled slightly on his face, and then returned to normal. This person is an extremely cold and serious person, although he is only a post-90s generation.

"Is Comrade Ulyanov of the Party healthy?" Yang Rui sat down and began to ask about his well-being.

"Comrade Ulyanov is very healthy. Thank you for your concern." Molotov clearly said lies. If Lenin was in good health, Comrade Stalin would not have to stay in Moscow like a guardian.

"That's good!" Yang Rui nodded calmly, "Revolution always hurts the country's vitality, but we have to do this, not to mention that Russia has suffered heavy losses in the European war. You take over this mess, and with the White Army's destruction, the party is fully prepared. It is not easy to get to this point. Don't be afraid of difficulties now, those difficulties can always be solved, and the revolutionaries cannot overcome them."

Leaders of other countries blamed the Russian Revolution. Yang Rui's praise of the Bolsheviks even Molotov's eyes lit up after hearing this. He said politely: "Comrade Ulyanov is also caring about you. Without your selfless help, the Russian Revolution would not have succeeded so quickly."

Yang Rui smiled and said, "We are just icing on the cake." He immediately said the serious matter, "This time it seems to be a loan?"

After Yang Rui finished speaking, Xie Zhangtai introduced the specific situation: "Yes. Now Russia is as incomplete as we do. The damage caused by the war requires huge funds. The great Comrade Ulyanov proposed the all-Russian electrification plan with a far-sighted vision, so he hopes that we can give a long-term loan of 1 billion Chinese yuan;

Another thing is that our country's high-voltage transmission grid technology is very needed by Russian comrades, after all, it is an electrical plan; in the end, Russia is now purchasing goods abroad. Foreign foreign banks refuse to accept their commercial bills and need cash payments. Can our Export-Import Bank provide guarantees for them or issue our commercial bills to help them import products?"

Yang Rui knew the previous question that Xie Zhangtai mentioned. All-Russia electrification was advocated by Lenin the previous year. It was said that the Soviet regime and national electrification were to build 20 thermal power stations and ten hydropower stations, and achieve a total installed capacity of 1.75 million kilowatts within 15 years, which is only 50,000 kilowatts less than China's current plan. Such a huge plan requires hundreds of millions of funds, plus the funds needed to restore existing factories, and some newly built military factories are indeed worth more than one billion.

In addition to loans, the last two were unexpected by Yang Rui. Thanks to later data and more than ten years of research in laboratory, the silicon steel produced in China was greatly better than German products, plus permanent magnet material technology, high-voltage transmission technology. As well as the technologies and talents collected from Germany after the war, it can be said that in addition to steam turbines, from generators to high-voltage transmission, to electric motors, and finally to various household appliances, the entire electrical products are at the world's leading level, which is another fist outside the chemical industry.

Russia wants to build electrification, naturally needs high-voltage transmission technology. I want Russian scientists to understand this after checking the patent. The last commercial bill of exchange was actually a business short-term loan. The Bolsheviks refused to admit all foreign debts from Tsarist Russia before and confiscated foreign assets in Russia. This made it lose all credit internationally; and it was normal that no one dared to collect gold, new rubles, Cherwin bank coupons, and commercial bank bills. The result is that no one recognizes his foreign trade except cash and foreign exchange.

Thinking of these three questions, Yang Rui asked Xie Zhangtai and said, "What do the Ministry of Revenue and the Ministry of Works mean?"

"The Ministry of Revenue can lend 1 billion taels of silver. As long as the Russian comrades need it, a large amount of silver will be used will cause depreciation. How to calculate it is a big problem. If you record high, the Russian comrades suffer losses; if you record low. If we suffer losses, the Kuomintang of the Reporter Academy will oppose it. The Export-Import Bank can issue short-term bills of exchange, but according to commercial rules, banks need guarantees. If there is no guarantee, they believe that Russia's export industry should also be responsible for the Export-Import Bank, so..." Xie Zhangtai said.

"They think it's beautiful!" Yang Rui spoke completely from the Russian standpoint. At this time, Ren Fuchen, the Counselor of the Embassy in China, was whispering to the Russians' conversation between Yang Rui and Xie Zhangtai. Hearing that Yang Rui completely denied the proposal to hand over Russia's export business to the Export-Import Bank of China, the Russians laughed, and they were unwilling to hand over the export business to the Export-Import Bank of China.

After Xie Zhangtai was interrupted by Yang Rui, he continued to talk about high-voltage transmission technology. He said: "The Ministry of Industry has no objection to supporting Russian comrades technology. However, the ownership of the technology patent belongs to the State Grid Corporation. Although it is a state-owned company, the company's general office is unwilling to talk about technology transfer. Although it agreed to require a huge technology transfer fee, this..."

The Soviet government does not recognize the technology transfer fee. In the definition of **, not to mention the market, not even currency is needed. Yang Rui thought about these three things and said: "The silver price in London is now stable at 1 to 43, and each ounce of silver is equal to 0.411 US dollars, which means that every two silver is worth 0.453 US dollars. However, this price is not in a hurry to sell silver without selling a large amount of silver. But now... you can lend 10 million pounds to Russian comrades outside of silver. The remaining part is denominated at a price of 0.4 US dollars per two silver. The loan is decided by the Russian comrades themselves."

Every two silver dollars is equal to the gold-silver price ratio of 1 to 48.7. Now it is 43. The average of both ends means that Russia will not suffer any loss before the gold-silver price ratio is 1 to 54. But how much silver-gold-silver price ratio will fall to 1 to 54? Another thing is that spending money, especially industrial investment, you will not be able to stop your hands and feet. Although Yang Rui drew a line, whether you suffer any loss or not depends on yourself. But the problem is that Russia needs to build all-Russia electrification to achieve **. In addition, other industrial projects and military projects, the more money they will spend, it is still a question whether they can stop their hands and feet? The situation that happens at that time must be that Russia would rather suffer losses than admit the account and spend the money.

The 1.4 billion silver was worth 1.9 billion Chinese Yuan before the battle, but now it is calculated by 4.53 US dollars per twelve, and only 1.26 billion yuan is left. If it is calculated by Yang Rui's 0.4 US dollars per twelve, it is only 1.12 billion yuan. According to the previous calculations of the Ministry of Revenue, if all silver is sold out, it can save half of the 1.9 billion yuan, then it will be thankful that it can really recover 1.12 billion yuan. Even if the loan is taken out and then recovered, I have to thank the Gods and Buddhas for their blessings.

Molotov and others didn't know the mystery. They were worried about whether China would borrow money. If they could borrow 100 million, they would have to thank Mac. Now they heard that they would lend 10 million pounds alone, and they would get as much silver as possible. It was simply... Molotov, Bukharin and Galahan were full of excitement. They all stood up and thanked: "Prime Minister, you are the true friend of the Bolsheviks!"

"No, this is just the mutual support between the oppressed. Because of the right opportunity, we have some money for the time being, but the country is also building on a large scale to achieve what Comrade Ulyanov said, so we can only lend you silver." Yang Rui asked them to sit down and said. "Because the silver coin value is unstable, the interest will be excluded in the first five years of the loan, and the interest afterwards is calculated at 4% annual interest, which is really not expensive.

For short-term commercial bills, after you receive a loan from the State Bank, you can transfer the money to our Export-Import Bank, so that the bank will have a mortgage, and they can issue short-term commercial bills. As for high-voltage transmission technology, according to the practice of my country's state-owned companies, I, as the Prime Minister, also took no discounts on them. They always only looked at profits. There may be two ways to compromise. One is that you buy the products of the power grid company and then ask them to provide technology; the other is…”

Speaking of this, Yang Rui had no choice. The Patent Law was promulgated in China very early. When revising the contract with various countries, patents were also negotiated. The key to mutual recognition was that he could lend Russia one billion taels of silver, but he could not wave his hand without paying the patent fee. As long as the Russians paid the drawing fee, they would hand over the patent. Despite this, in the eyes of the Russian representative, technology is just a small matter, and loans are the big ones. With a loan of one billion taels of silver, all-Russia electrification will definitely be realized.

Molotov, who had money, was a real brother. Molotov, who had been serious before, also had a smile on his face and had a cordial conversation with Yang Rui. The host and guest were extremely happy. After the meeting, after seeing off the Russians, Xie Zhangtai killed one and ran back. He asked a little uneasy, "If the Russians really borrowed 1.4 billion taels of silver, can they pay it back?"

Feeling Xu Huafeng's uneasiness, Yang Rui smiled and said, "Russia will become a world power in the future, why can't it be paid? Besides, Baku is on the other side of the sea, the Volga River and the Siberian Railway are not far away, so why can't it be returned?"

When Xie Zhangtai heard the following sentence, he was surprised: "You are going to start a war with Russia again?"

"Of course not. I just want to say that in terms of strategy, we are completely in the initiative, rather than being able to lose hundreds of millions of dollars on the other side of the Pacific Ocean, like the United States, on the other side of the Pacific. Besides, if we do not recognize the debts of Tsarist Russia and the Provisional Government, the Bolsheviks have enough reasons, but now our two countries are dependent on debts under the situation of establishing diplomatic relations with each other. If we really do this, who else will dare to deal with it? Russia has resources, and what we lack is resources, and it is impossible for her to pay it back." Yang Rui said.

After Yang Rui finished speaking without taking it seriously, Xie Zhangtai stayed for a long time before saying, "Are you so confident in Russia? This is a country that cannot afford food, and you still rely on debts everywhere?"
Chapter completed!