Red River Valley, Australia

Banners, slogans and flags for the governor were posted on the streets and alleys. This is a huge campaign of the China Democratic League in Queensland, creating a hot atmosphere and widely publicizing the people.

There are two items in this important election;

One is the re-election of two-thirds of the state legislators in the state legislature at the end of May, and the other is the re-election of the Queensland governor in late June.

This is a very important election, which will have a profound impact on the political ecology of the entire Queensland and Australia. The importance cannot be overstated.

The activists of the China Democratic League vigorously promoted the streets and alleys, especially young students, especially to distribute leaflets in Chinese and English to every passing citizen, encouraging voters who are eligible to vote to actively participate and vote for the Earl and the China Democratic League candidates.

The leader of the China Democratic League, Lord Li Fushou, Earl of Queensland, came forward to run for the position of Queensland Governor, and his winning rate reached more than 90%, which was almost no suspense.

The Child Democratic Party’s state assemblyman and mayor of Red River Valley, Xin Changjun successfully took over as the state legislator. There is no suspense under the overwhelming election advantage of the Child Democratic Party. The mayor of Brisbane will also be re-elected, which means that the immigration forces have an absolute advantage in Queensland and have completely controlled the government and parliament.

Since the establishment of the entire Australian autonomous prefectures vary, the time for the governor's election is not consistent, judging from the situation of the three main states;

The Queensland governor's election is in full swing. Li Fushou's victory in the election for governor is not very suspense, and the immigration forces will surely have a firm advantage.

New South Wales had already run a governor's election ahead of schedule last year. New Governor Ben Stevens still has more than four years to serve, and his policies tend to be conservative and oppose immigration are becoming increasingly apparent.

The Victorian governor's campaign will be held in September next year. The politicians who are interested in running are still unclear. Melbourne Mayor Jeff Bridges is a popular governor candidate. Once he decides to run, the winning rate is quite high.

Jeff Bridges is a conservative hawk, whose policy proposals are more extreme than South Wales Governor Ben Stevenson, and a deadly diehard. His coming to power is not a good thing.

These three states with large populations are also strong economic states that dominate the entire Australian political situation. The remaining three states are just playing soybeans, and their influence is basically negligible.

The upcoming dual elections for governor and parliament are a major event in Queensland's political life. At present, on the right track, the China Democratic League fully grasps the power of state and parliament without special accidents, there will be no major deviations.

Since April this year, three major events have occurred in economic and social life;

First, Red River Valley Industrial Group invested in the establishment of a newspaper called World Journal, which implicitly opened its eyes to see the world. The first issue was 5,600 copies and was snatched away. The main customer group was the Queensland immigration group. The newspaper was published in traditional Chinese and was considered for distribution in English after the scale was expanded in the future.

Second, a Goodyear rubber company was established separately, mainly engaged in various rubber tire products, including tractor rubber tire hubs, carriage hollow tires and steel spokes, bicycle tires and spokes, etc. The products are unique hollow tires, which have been registered patents worldwide.

Third, the Beilun branch of Honghe Shipyard was officially put into production, and its products are mainly renowned 10,000-ton shuttle cargo ships, to cope with a large number of orders from ship owners in North America and Europe.

The war with the Dutch colonists broke out in Shangri-La Island in the north, which did not affect the economic development of the Red River Valley in Australia. The construction of southern townships was carried out step by step. The development strategy in northern Queensland is also advancing. With the popularization of hand-held agricultural tractors, known as the "universal helper of agriculture and animal husbandry", it greatly saved manpower and improved efficiency.

Ocean freighters under Australia's 19th Century United Shipping Company were passing through routes to the Far East, Europe, North America and South America. No country dared to seize the ocean freighter with the British flag.

All the Dutch East Indies can do is refuse it to enter its port to load and unload and supply, and refuse to provide any services, expressing a strong unwelcome attitude.

The economic development of immigrant countries is vigorous and vibrant. The influx of large numbers of immigrants not only expands the consumer market and promotes social enrichment and diversity, but also brings valuable labor to promote social progress.

The development of Queensland is due to this, showing extraordinary economic vitality, and has left old rivals New South Wales and Victoria far behind, showing a trend of being ahead of the world.

This aroused the dissatisfaction of many white southern ranchers, believing that immigrants robbed locals of job opportunities, making the originally rich southern states unattended and becoming victims of great economic development.

This is undoubtedly an untenable paranoid theory.

The facts are surprising. This almost paranoid theory of paranoidness has a big market in southern prefectures, which has further aggravated social conflicts and formed serious ethnic divisions.

Vicious attacks on immigrants have continued to occur, which has caused serious panic among immigrants. Many immigrants have taken their families to northern Queensland to develop, which has made the originally understaffed business in southern states even more in short supply.

Especially during the shearing season every year, white Victoria ranchers do not even hire enough shearing workers. The shortage of market demand has pushed up the cost of shearing labor, which in turn has intensified the dissatisfaction of white ranchers.

Since the beginning of this year

The most eye-catching event in Australia's economic life is the soaring price of wool. In May, the wool price rose from 2.5 pounds to 1.6 pounds and one penny, with a price increase of 56%.

The big reason for this is that Red River Valley gave up suppressing the purchase price of wool, just like a spring that was pressed violently and jumped up, and the price returned to retaliatory.

This is the only one

The agricultural and animal husbandry department of the Red River Valley immediately turned losses into profits, and could generate net profits of more than 6 million pounds a year, becoming an undefeated profit-making player.

Internationally

The demand for fine imitation wool products continues to increase, and European market prices are also continuing to rise, which strongly supports the rebound in wool prices.

In addition to international factors, the reason for abandoning the basic policy of continuously suppressing wool prices is that money is the reason. Li Fushou's financial income is not enough, and a large deficit gap has emerged.

In order to deal with the current situation, Li Fushou expanded his army on a large scale. The amazing Shangri-La Garrison Division, the Guards Dragoon Division, the Guards Tiger Cavalry Division, the Leopard Cavalry Guard, the Wolf Cavalry Guard, the Pro Guards, and the two water police areas of Jayapra and Moresby, the number of troops in the army has exceeded 30,000.

To be honest, these are all Li Fushou's family private soldiers, and of course they have to pay for military pay and all expenses.

In addition, there is a rapidly expanding Queensland Coast Guard team, with the number of officers and soldiers of the shore artillery troops exceeding more than 4,400, and the huge expenses of consuming a large amount of supplies and ammunition in the war, pensions for casualties and disability, medical aftermath costs, etc. The British pound is really spent like water.

War has always been a gold-swallowing beast, and there have been no exceptions since ancient times.

Calculate with your fingers

The war has been going on for more than five months, and the related expenses are more than 2.7 million pounds. These huge bills need to be paid by the Earl of Queensland.

Even if the war is over now, the aftermath will be more than one million pounds. If it continues, the huge amount of money will be difficult to calculate.

It costs more than £2 million to maintain the strength of the three divisions every year, and it costs more than £1.6 million to maintain the current size of the Queensland Combined Fleet every year (in non-war situations).

All of this money needs to be paid from the private vault of Queensland Li Fushou, because Shangri-La Island is the personal territory he claims to have and enjoys corresponding rights.

This was publicly recognized by the British Colonial Department and widely recognized by European society.

This situation is similar to the French adventurers first discovered and claimed to own Tasmania, recognized by the First French Empire in the Napoleon era, and also recognized by the United Kingdom and other European countries, with the relevant rights and interests with solid legal protection.

The same is true for the Shangri-La War.

This war belongs to the feudal lord war, a war between the Dutch king and the Earl of Queensland, which has nothing to do with the Queensland taxpayers. Of course, the war costs should be paid by the Earl of Queensland, rather than passed on to others.

Therefore, Li Fushou, who spent money like flowing water, could no longer hold on and had to relax the basic policies to suppress wool prices, and earn huge profits from it to pay for war and maintain huge army expenses.

Although his annual property income is astonishing, reaching nearly 30 million pounds, a large part of it cannot be spent on it and must be invested in it and it is still developing.

For example, the income from operating cities and leasing must be invested in larger-scale urban construction to build a better city, improve municipal construction, and make it bigger and bigger as snowballs.

For example, a large part of the income from operating a business needs to be invested in rolling development.

Honghe Wool Spinning Factory has developed from the original Wool Spinning Factory One, Two and Three to the current Eighth Factory, and the Nine, Ten and Eleventh Factory in preparation for construction. It purchases new equipment to eliminate old equipment, improves production processes, improves output, and continuously improves labor productivity and profit levels. This requires investing operating profits into rolling development.

Hongshan Shipyard has built the Beilun base, and Hongshan Steel Plant has continuously introduced European steelmaking equipment, the second and third medium and thick plate continuous casting and rolling equipment to further expand production capacity, which requires continuous investment.

The same is true for the Songjiang production base of General Machinery Company, which has spent a lot of money to build. These expanded production funds mainly come from corporate profits, rather than bank loans.

As a corner forgotten by European powers, Australia's financial industry is extremely weak and cannot meet the huge demand for capital from large enterprises.

In the main battlefield of Huitong Bank, it is precisely because of Huitong Bank's strong capital investment that it can ensure that as many as 700,000 immigrants arrive in Australia and integrate into society in the new year. Therefore, there is very little capital that can be invested in industrial development.

In the gold standard era

The loans that banks can issue are suitable for closely related to gold reserves. Over-issuance of paper money will inevitably overdraw credit, which is a taboo in the banking industry.
Chapter completed!