The tunnel project connecting the north and south banks of the Red River Valley has also been officially put on the desk. The tunnel is planned to cross from below the Brisbane River to connect the two sides.

From a technical point of view;

There are no technical difficulties in the tunnel construction plan. It has been successfully piloted on the Thames River in London, England. A bottom-of-river tunnel has been built to run through both sides of the river. It uses a very advanced shield structure method, which has proved to be feasible.

Since the Brisbane River surface is wider than the Thames River, the proposed tunnel length is much higher than the Thames Tunnel with a length of more than 270 meters. The total length of the bottom-of-river tunnel project is more than 766 meters, and an estimated investment of 372,000 pounds.

Li Fushou agreed with a big stroke of his pen. He was so willful when he was rich.

Because the entire tunnel will take more than three years to build, there are no large machinery used in it, most of which are man-made, and the average monthly allocation is about 10,000 pounds, which is not a big money.

Municipal projects connecting the two sides of the Brisbane River will sooner or later be built. Early construction and early benefit can help accumulate more experience. In the future, more than one tunnel will be built on the Brisbane River.

Relatively speaking, building a tunnel is much more costly than building a bridge.

"Master, you can't spend money anymore. The poor rat in the inner warehouse will cry when they see it." Chen Shiheng, the general manager of the inner warehouse, walked in fear, and almost knelt down with his legs bent.

Li Fushou reached out and held it, and said kindly, "Shiheng doesn't have to do this, what's the point of sitting down and talking."

"Master, you can't spend money anymore. You must know that you can live within your means. Is there any reason to keep eating the food for the first time?"

"Okay, okay, don't be too excited about your emotions. I remember that the inner warehouse should still have some money, right?"

"Then there is still money?" Chen Shiheng stood up excitedly and said one by one with his fingers. "Master, look... the cost of the Borneo war was much less than originally planned, and there were more than 700,000 pounds in various expenses. With the previous reserve, the warehouse would have more than 3.2 million pounds by the end of August.

But this month I spent too much money. Before the end of September, I paid £310,000 for the second phase of the "Qinglong" class heavy cruisers. The Navy built a "Mosquito" class patrol ship and distributed £62,000 for the development of the Qingshui River Basin for the fourth quarter. The reconstruction and expansion plan of the Port of Semuda Port was £77,000 for the reconstruction and expansion plan of the Sanmalinda Fort Reconstruction Plan, £132,000 for the Chiewk Plan, £280,000 for the fourth quarter. The Navy Shipyard in Portsmouth, UK, £575,000 for the start-up of the coastal railway duplication plan, £450,000 for the construction of the Magnificent Class Battleship Plant, £640,000 for the construction of the Brisbane River Tunnel Project, £26,000 for the Brisbane River Tunnel Project, and... You can calculate that there is no money in the inner warehouse, only £200,000 for emergency relief, and I can't spend any more money."

"Uh...I used so much?" Li Fushou was surprised.

Chen Shiheng was about to cry, and nodded immediately like pounding garlic to maintain a stall as big as the Red River Valley. The amount of money in his hand was really not considered money.

Although there are large rental income and dividends by the end of the year, it cannot stand the Earl's ability to spend money, and even the sea of ​​gold and silver cannot afford such a large amount of money.

What's more, if you spend this money, you basically don't see any return money. If you spend it on military expenses, you won't mention the money you spend on, whether it's a turret or a warship, there's no return money to build battleships for the Royal Navy.

The coastal railway is quite profitable, but it will not be seen within at least three years. This is because the railway line will take more than two years to build.

The 3 million pounds cost Chen Shiheng an extremely painful heart. What can I do?

Li Fushou looked unworried, and gently stroked his chin and thought about it, "At least we don't have a loan at Huitong Bank, we are all debt-free, so at worst we can borrow some more!"

"My master, we have so much income, which is more than 30 million pounds a year. We can live a good life with a little money. Why do we need to borrow money?"

"Haha... Well, the dozen projects I have recently been slowing down for a while. The second phase of the northern Queensland development is about to begin. This money must be included in October, and the start-up payment will not be less than one million pounds. It involves more than a dozen towns in the north, and it is not a sloppy at all."

"I……"

Chen Shiheng opened his mouth, but didn't say the rest. At this moment, he felt really tired.

Others can live a happy annual income of two or three thousand pounds. They have a very decent family, about 10 servants, at least two carriages and a garden villa.

Our Earl earns more than 30 million pounds a year and is the richest farmer in the world, but he spends most of this year spending his debts. He just paid off his debts and is about to bring down the famine again. Who would believe it if he says it?

A war cost more than 13 million pounds, mobilized more than 200,000 troops and militias, and the number of people providing logistics for the war is as high as one million. What's the use of occupying so much land on deserted islands?

Chen Shiheng is an old-school financial person. Although he has come into contact with the business philosophy of foreigners in Shanghai, he is still a conservative and kind of living within his heart.

In this era

The British's financial philosophy is also very conservative, and they do not advocate excessive lending and insufficient income. They regard it as a disaster and are afraid to avoid it.

Li Fushou knew Chen Shiheng's thoughts and knew that he could not change his stubborn concept at all. He could only persuade him to agree to save some flowers, and finally coaxed the urgent Chi Bai Lie away.

After returning, Li Fushou stood there and couldn't help laughing;

I am a rich man who owns a world-class copper and gold mine. I have to worry about spending some money. Where can I make sense?

Calculate with your fingers

About a week later, the ocean freighter that transports 5,000 tons of copper concentrate will arrive at the Baihu City Copper Smelting Plant. It will be almost mid-October when copper ingots, copper rods and other products are produced. It will be almost mid-October. It will be transferred from the mint to produce copper pennies and enter the market for circulation, and it will be obtained in late October.

Today is October 3rd, which means that you can endure it for another month and then you can open up and spend money, and do whatever you want.

It is still possible to wait for this time, so there is no need to look at Kester's bitter face of Huitong Bank.

Huitong Bank has now developed into a world-wide bank with bank branches throughout Europe and the United States. More than 90% of the bank exchange business in Australia belongs to Huitong Bank, and the remaining bit-and-small businesses are shared by Standard Chartered Bank, Citibank, etc.

Australia's financial business is mainly concentrated in Queensland, and most of Queensland's financial business belongs to Huitong Bank, and a small part is shared by dozens of private small and medium-sized banks. These small and medium-sized banks do not have the ability to develop trans-ocean exchange business, and most of them do some small and medium-sized enterprises and personal credit loans and savings businesses.

Standard Chartered Bank's foreign exchange business in the Far East is limited to cities such as Hong Kong, Shanghai and Singapore, and Kolkata, the Indian subcontinent. Citibank's foreign exchange business in the United States is limited to a few cities such as Auckland on the West Coast, with a large range of restrictions.

Huitong Bank is different. In addition to cities in the Far East and South Pacific, it can also connect major cities on the east and west coasts of the United States and several major financial centers in Europe, including London, Manchester, Paris, Lyon, New Delhi, Munich, Frankfurt, Milan and other important cities. These areas are important trade and trading cities in Queensland. It has a Huitong Bank branch that can handle thoughtful banking services.

Just thinking about the banking issue, Li Fushou thought about it and felt that Huitong Bank's dominance was not suitable for future development, especially the issuance of one-pence, two-pence, five-pence, and ten-pence copper coins. There should be a special reserve bank for reconciliation, rather than all of them being decided by the market.

So

South Australia, Western Australia and Queensland must be included in the entire plate to consider it in full. In addition, Shangri-La Island and Borneo territory must also be considered. Each state sends certain representatives to participate in the establishment of the Reserve Bank, so that it can be fair and representative.

As for New Wales in the South, Victoria and Tasmania are not considered for the time being. The relationship between the two sides is so rigid at present, and it is even harder to reach a consensus on sensitive financial issues. I don’t know how much trouble it will cause when we get together.

Let's just put it aside, ignore it for the time being, and build the reserve bank's shelf first.

Then come

The members of the Reserve Bank include seven members including Queensland, the Northern Territory (not only famous, but now belongs to the Queensland area), South Australia, Western Australia, Shangri-La Territory, Sulawesi Territory, and Borneo Territory. Five of them are directly controlled by Li Fushou, while South Australia and Western Australia are indirectly controlled by the Zhigong Party, and can implement the will of Red Fort without any obstacles. It is considered a good financial regulation tool.

The status of the Reserve Bank is similar to that of the Bank of England, but this thing cannot be stated explicitly, and the word "reserve" cannot be used. This makes people easily think of the Federal Reserve Bank of the United States. It is necessary to think carefully about what name to use.

Li Fushou's slender fingers gently tapped the desktop, thinking carefully about the arrangement of the future financial framework.

Overall;

There must be management, system and competition to prevent the active private banking industry from falling into rigidity. This is the engine to promote economic development. Only sufficient market competition can make it full of vitality and not fall into a financial yamen.

No hurry, you must consider it properly before it can be implemented.

However, before this, you can continue to invest in Citibank and Standard Chartered Bank, and quietly absorb equity in secret to achieve the ultimate controlling goal for your own use.

Among these two banks, Standard Chartered Bank is stronger, especially the British shareholders, which have many great nobles who have gained a share of the Borneo war, which is relatively more sensitive.

Citibank in the United States is simple. It is a US-funded consortium composed entirely of capitalists. Its shares can be acquired as long as the price is appropriate. Its advantage is that its bank branches are spread across major cities in the United States. If it can be seamlessly connected with the Australian financial industry, it will greatly facilitate the financial transactions between the two parties.

The most urgent task

It is to support Huitong Bank to build a strong opponent. Only Li Fushou can do this kind of thing personally, otherwise any bank will be crushed to death by Huitong Bank's strong strength and will die before it develops.

In today's Australian financial market, Huitong Bank has an overwhelming monopoly advantage. Although it is its own bank, this is something that Li Fushou doesn't want to see, and he must establish a strong opponent for him.

The start of production of Koi copper and gold mines is a very good opportunity. The huge amount of resources it produces can be used as the starting capital of the bank. As soon as it appears, it has an unrivaled financial advantage and swept the Australian financial market with its unparalleled advantages.

Think about it for a while

Li Fushou showed a confident smile on his lips. Although Huitong Bank now dominates the entire financial market, as long as he reaches out and pushes it lightly, the situation will change immediately.

For example, if the immigration loan business only requires a government order to be transferred to the new bank, Huitong Bank will immediately lose a small half of the loan business, which accounts for about 35% of the total loan amount of Huitong Bank, and is a stable source of income.

Think about it, loans immigrated to Australia must be repaid first. Otherwise, whether it is naturalization, marriage, property purchase, employment in government departments, free migration across states, travel, etc., they will all encounter invisible obstacles. In severe cases, they may be imprisoned and directly thrown into a hard labor camp to the mine to ate stones.

Such serious consequences make the default rate of immigration loans no more than 1%, which is undoubtedly an extremely excellent loan variety, and can obtain stable returns of more than 8.5% each year.

With this policy-based loan business as the foundation and the huge output of Koi copper and gold mines as a backing, the new bank has the confidence to wrestle with Huitong Bank.

This new bank...is called Shangri-La Bank,

Li Fushou was too lazy to think about a new name. Shangri-La is also translated as "Shambala", which means "the bright moon in the heart" in Tibetan, symbolizing a beautiful and ideal lifestyle. The British called "Shangri-La" "Shangri-La", which is similar to the "paradise" mentioned by the Chinese. In the English context, it is similar to the meaning of the Garden of Eden, mysterious and beautiful.

Moreover, Shangri-La is Li Fushou's direct territory, which helps to expand the reputation of Shangri-La and is a good way to kill two birds with one stone.

OK, that's it.

As for the candidate for the general manager of Shangri-La Bank, Li Fushou has three candidates in his mind and needs to be carefully considered.

The first candidate was Zheng Canghai, the former president of the Chaoshan Chamber of Commerce. This guy has been thrown into Europe for more than 6 years. He is responsible for the general manager of Huitong Bank's branches in Europe. His headquarters moved from London to Munich, Germany two years ago. At that time, he was to prevent the British from turning against each other and confiscating Huitong Bank's assets.

It seems to be a worry now, but this invisibly gave Zheng Canghai a more resume. He was very enthusiastic about having sex with the German nobles in Munich. This guy is 36 years old this year, and it was the time when he was young and strong.

And according to the report of the Black Clothing Guard Special Commissioner, Zheng Canghai was steady and did not find any problems in morality. Of course, there were several German lovers and French lovers, and two illegitimate sons and one illegitimate daughter. The main reason was that he did not find any corruption and bribery, and he would not lose money in the big festival.

The second choice is the former president of the Brisbane Chinatown Restaurant Guild, Medbonne. This guy has been left in Europe for more than 6 years. He is responsible for the business of Normandy import and export companies and other import and export companies in Europe, and has set up product distribution channels to enter various countries. He has achieved remarkable results in his tenure.

His shortcomings are that he used his power to seek some benefits for himself during his tenure, and immediately stopped after being beaten and sincerely regretted it.

Li Fushou would not beat him to death by just this. People with ability always have some minor problems. If you cross the boundaries in some areas, you will be more likely to hit him. Today, there is a shortage of high-end talents, which is much better than using a foreigner.

The third candidate is Wang Yacun, president of Huitong Bank Munich Branch. This person is one of the Jiangnan students who stayed in Huitong Bank's European branch. After years of experience, he stood out and became one of the four Chinese senior classes in Huitong Bank's European branch. His abilities and levels are first-class, and his reputation is also very good in terms of virtue.

This person is 32 years old and just won the position of President of the Munich branch last year. The only thing he lacks is his experience in managing large banking institutions. It is a bit inappropriate to suddenly promote it too high. It should be polished before making great use. Do not make the mistake of repelling the seedlings too long.
Chapter completed!