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Weekly Review recorded that:
Sun has been importing, to support his ambition to become the President of China, several hundred thousand politicians and mercenaries. To support them, exorbitant taxes had been created, public lands and buildings sold, private property confiscated; and many men and women pressed into involuntary servitude.
These auctions and speculations gave rise to a land boom in Canton. The record of the British War Office stated that “in the last few months there has been a considerable rise in the prices fetched by land sold by auction in the open market and an outburst of speculation in real estate. Demand exceeds the available supply…” The China Weekly Review also recorded that the "boom in lands and shares" was the most outstanding feature of the year of 1923. “Both markets helped to swell government's income, the former with premia and the latter by stamp duties. Money too plentiful, speculation rife. Work seems to have been plentiful.” It was recorded that the tax return for deed registration by the end of October 1924 amounted to $5,310,000. Between 1919 and 1927, a large quantity of land and property in Canton, amounting to $55,197,514, was also purchased by overseas Chinese merchants. These figures suggest that the real estate market in Canton drastically expanded over these few years.
Amidst this boom of real estate, understandably, not every piece of "public" or "government" land was openly put up for auction. These properties could always be purchased through personal networks. In some cases, one could purchase the land with just 10% of the estimated price for auction. A large number of land investment and mortgage companies were then found in Canton, the majority of them were under the control of the Siyi men. Among other examples, the Canton Sanshui R.R. Wharf on the Bund, together with the control over the ferry services, was sold to a Wu Dongkai (吳東楷), one of Sun's Siyi financiers in Hong Kong and an old member of the "Thirty men subscription team”.
The most notorious case was the purchase of the Guangdong Nonglin Shiyan Chang (廣東農林實驗場), literally the Canton Agricultural Experiment Laboratory. The Bank of Canton, under the directorship of Li Yutang, purchased the site and buildings of the