Zhengjin Bank failed to invest in bonds, lost all its money, and there was unrest in Japan. These news came one after another, which greatly shook the Chinese people's confidence in the yen.
The basis of banknotes is credit. Because the great powers have strong national power and developed economies, the Chinese people trust their currencies, and the great powers can exchange the blood and sweat of the Chinese people with pieces of white paper. Now that Japan is in such big trouble,
Whether it is worthy of trust or not has caused many people to question.
Especially for the people in Fengtian, a large number of newspapers are reporting on the rice riots in Japan these days. The Japanese also launched riots because they could not afford rice, and major cities lost order. Only in Osaka, people marching on the streets
There were as many as 30,000 to 50,000 people. These people marched during the day and attacked Midian at night.
They often work in groups of several hundred people, smashing open rice stores, attacking police stations, seizing train stations, and blocking trains transporting grain. After these people grab the grain, they share part of it with the poor. As a result, the poor also join in.
The number of people participating in the riots was like a snowball, growing larger and larger, spreading wider and wider, and riots occurred in all major cities.
Gradually, the riots got out of control, and the looting target was not just rice, but anything of value. Almost all shops were affected, and even the homes of some wealthy people were attacked.
Gangsters and other forces also came on stage and took advantage of the social chaos to steal and rob on a large scale. Most of Japan's public security was paralyzed, and the demonstrations were out of control. The Japanese government had to make up its mind and resort to bloody suppression.
The Japanese government mobilized a cavalry regiment, an engineer battalion, and a field artillery regiment. Countless soldiers with live ammunition rushed into the streets of Osaka. People in the parade were arrested frantically. If they resisted at all, they would be shot to death for several hours.
In a short time, these Japanese soldiers killed more than 2,000 people.
Osaka is stained red with blood. These Japanese are cruel to outsiders and are equally unkind to their own people. The prisons are full and they are all incarcerated for those who participated in the riots. At this time, the Japanese government no longer cares whether these people have been wrongly accused. They need
The purpose is to shock. Use bloody facts to make those who participated in the riots surrender.
Not only Osaka, but also Kobe, Nagoya, and Tokyo could not escape the bad luck. There were bloody clashes between the military police and the parade. How many Japanese were killed will probably never be counted.
The social turmoil in Japan is unprecedented, and even the American consortium did not expect it to have such an amazing effect. Fred initially contacted them through his network, hoping to attack the Japanese bond market together. These consortiums had no interest at all at first.
Disdainful of Zhang Tinglan's power.
However, Americans also have their own considerations. They are already very dissatisfied with Japan's aggressive expansion of its sphere of influence in China and its monopoly on the market. Therefore, they are very willing to cause some trouble for the Japanese.
These people did not regard Zhang Tinglan as an equal ally. They just asked him to charge forward. If he really succeeded, they would follow up. If he failed, they would have nothing to do with them.
The result was beyond everyone's expectation. The capital Zhang Tinglan invested was like dropping a small snowball on the top of the snow mountain. The snowball rolled bigger and faster, roaring down the mountain, becoming unstoppable.
Triggered an avalanche.
After the large-scale riots began, the Japanese government took decisive action and invested huge sums of money to stabilize the financial system. Before that, all Jewish capital had withdrawn. In the short confrontation, they took away a total of more than 20 million yen, although it was not as good as that in Europe.
The meal is tempting, but it can be regarded as a delicious snack, and these consortiums are satisfied
It was only then that the forces represented by Zhang Tinglan officially entered the vision of the American consortium. They may be able to use them to compete with Japan and expand American business interests.
Through this cooperation, Zhang Tinglan finally gained the recognition of American forces. In the next twenty to thirty years, the only force that can check and balance Japan in the Pacific region is the United States. The introduction of American power will be very beneficial to curb Japan's expansion.
Moreover, Americans are different from the Japanese. What they value is business interests. Although they are greedy, compared to the Japanese who cannibalize people without spitting out bones, it is too much. Fred revealed the American consortium’s willingness to strengthen cooperation.
, Zhang Tinglan immediately expressed welcome to American businessmen to come and inspect.
Zhang Tinglan also promised that if Zhang Zuolin takes charge of Fengtian, he will formulate plans to encourage investment and provide convenience for U.S. investment, which also makes the United States feel more excited.
Of course, these cooperations need to be examined in detail and will take time. Zhang Tinglan's main task at present is to enjoy the fruits of victory. Taking small risks to achieve big results is extremely risky, but the benefits are also amazing.
The first point is that the credit of Zhengjin Bank began to go bankrupt. After the intensive bombing by newspapers and in the face of the bloody facts, the people of Fengtian were disillusioned with their superstition of foreigners. They rushed to Zhengjin Bank and asked to exchange bank notes for gold and silver.
The long crowd blocked the street in front of the bank.
This scene is very similar to that not long ago, but at that time it was the official bank account that was ran on. Zhengjin Bank's funds were broken and there was no way to cope with the large-scale run. It only exchanged more than 200,000 yuan before it was forced to stop.
The more they do this, the less confident the people of Fengtian become. In fact, the people who hold Zhengjin Bank’s currency are mainly rich people, including the old and young of the Manchu Qing Dynasty, famous scholars, bureaucrats and wealthy businessmen. Ordinary people of Fengtian pay taxes when
, they mainly use banknotes. They occasionally have some Japanese bank notes on hand, but the quantity is also very rare.
After the large-scale run occurred, these rich people couldn't sit still. Japanese bank notes, which they used to regard as a better store of value than gold, were also in danger of becoming waste paper. Just when they were about to exchange them, another rumor came out.
When the Jin Bank refused to exchange money for several large accounts, the confidence of this group of people naturally collapsed. They ran to Zheng Jin Bank like crazy. As a result, the door was closed and locked, and Japanese soldiers guarded the door tightly, refusing to exchange money at all.
"Yes! You deserve it!" Zhang Xueliang said angrily: "It would be better if these guys went bankrupt. They don't believe in Chinese money. They believe in Japanese money. They think that the Japanese are the kings of heaven. No matter what the result, they are just as unreliable as little devils!"
The crisis was mostly over, and Zhang Tinglan had a rare moment of relaxation. She was pulled out by Zhang Xueliang and ran to the teahouse, where she listened to her husband's story and sipped tea. The topics of these tea guests were also inseparable from the affairs of Zhengjin Bank.
Which boss can’t withdraw hundreds of thousands of deposits, and which wealthy businessman’s banknotes will be turned into blank paper...
"Han Qing, in fact, these are just panics. One-third of the shares of Zhengjin Bank are in the hands of the Japanese government. Do you think the Japanese government will let it go? Now Japan is busy at home, and a number of chaebols such as Mitsui and Mitsubishi have been damaged.
Seriously, they have to make up for the chaebol's losses first. After this period of time, the Japanese will inject capital, and the Zhengjin banking crisis will be over."
"Brother Tinglan, are you saying that bank notes will be restored? Wouldn't that be an advantage for these guys!"
Zhang Tinglan smiled and nodded, then shook his head: "Theoretically, it is true, but it depends on people, not me. The people with the most bank notes are the old and young from the Manchu Qing Dynasty. These guys saved all the money they looted to the Japanese
Banks, thinking that this can guarantee safety. Now that Zhengjin Bank cannot exchange them, they are almost desperate. The official bank will soon launch a new initiative, which is to use new coupons to exchange for Zhengjin Bank coupons, but it can only
Fold it in half!”
If you want to develop industry, you need a steady stream of investment. Of course, these investments must be provided by the financial system. In other words, without financial autonomy, you can't even think about developing industry. Banks and currencies are manipulated by outsiders, and only when enterprises cannot turn over money.
When it is smart, if the funds are blocked, the good factory will be ruined.
This is also the reason why China was unable to develop heavy industry in the history of the Republic of China. Because the investment cycle in heavy industry was too long and the results were too slow. Without financial power to protect it, there was no hope at all. The same is true in later generations. In backward areas such as Africa and Latin America, most financial institutions
They are also in the hands of foreign countries, so they can only continue to lag behind. Without industrial support, if there is a slight disturbance, they will be the first to suffer.
It was precisely after seeing through this that Zhang Tinglan chose Zhengjin Bank as the first target of attack. The facts were just as he thought. Zhengjin Bank was indeed in trouble. Zhang Tinglan also arranged for the large bankers to go for a run. Japan
If a person can do the first grade of junior high school, Zhang Tinglan can do the fifteenth grade. Now that no one believes in Zhengjin Bank, it is a good opportunity to add insult to injury.
Zhang Tinglan doesn't care about the little profit he gets from bank runs. He has a bigger plan. He wants to drive bank bonds out of the market and let the banknotes dominate the world.
In the next two days, the Fengtian Industrial Group issued statements continuously. In order to ensure the interests of the people of Fengtian, the official bank is willing to provide exchange services. Zhengjin Bank's bank notes can be exchanged for Fengqiao, and there is also a special provision for small-amount exchanges.
, the discount is 70%, and large customers can only get a half discount, that is, ten yuan can only be exchanged for five yuan.
This behavior is undoubtedly another robbery, but for some people in Fengtian who are in despair, it is undoubtedly a huge blessing. They have taken out the bank notes on hand and exchanged their bank notes for value.
Stable votes.
This time, the official bank account also showed unprecedented high efficiency. A total of thirty windows were opened. In less than three days, more than two million vouchers were exchanged. The money mainly belonged to ordinary people.
After waiting for three days, those old and young people from the Manchu Qing Dynasty, as well as wealthy businessmen and bureaucrats, could not sit still. Although they would lose half of their property, it was better than leaving nothing at all. In fact, they also contacted the banks of the great powers during this period, but
Banks in the United States, Britain and other countries were not optimistic about Japan's prospects and refused to accept Japanese bank notes. In desperation, they took out the cash on hand one after another.
Outside the official bank, this group of well-dressed guys had to line up obediently, nod and bow to the employees, and finally exchanged the bank notes in their hands for new coupons. This group of people finally felt relieved.
But Zhang Tinglan is really relieved. In just a few days, the circulation of Feng Piao exceeded 5 million. Adding the previous 15 million, the total circulation exceeded 20 million. Feng Piao became Fengtian. The most important and strongest currency. (To be continued, please search Piaotian Literature, the novels will be better and updated faster!