Chapter 213: Another Battle
Dai Xianzhi's death made Huang Ruqing very depressed for a while, which made her mother very worried. As soon as she consulted with her husband, she sent for her daughter to be taken home. As for Dai's house, since there were no more relatives, the house was sold.
Huang Ruqing's father is Huang Xianting, the deacon of the largest gold store in Fengtian City, "Ruihuanchang", who is also the vice president of the Fengtian Chamber of Commerce, and his status in the business world is very transcendent. Seeing that the original daughter withered in a few days, it was very distressing. The death of his son-in-law, he breathed a sigh of relief in his heart: he originally married his flower-like daughter to Dai Xianzhi, because he took a fancy to the prestige of the handsome man behind him, but he didn't think that this kid's mud couldn't support the wall, and it didn't work at all. He died and died, and his daughter was finally freed, she was still young and could marry a good family.
But he was very annoyed by this matter: just because he slept with a concubine who did not abide by women's morals and broke a few worthless light bulbs, his son-in-law's life was gone? That's too shameless, isn't it? If Zhang Zuolin only imprisons him for a few years, he can also use this excuse to remarry his daughter.
But when it comes to the death of his son-in-law, if he doesn't make a little noise, it will make people think that the Huang family is nothing great. I heard that the third brother's family property in the countryside has been confiscated, and the person has not been released yet; The eldest brother was also vacated from the post of director of the Department of Civil Affairs, and seeing that the resignation was right now, and then the matter of his son-in-law was rectified, he sometimes wondered: Is this handsome man on top of the Huang family? How do you go against the Huang family everywhere?
And Zhang Zuolin will definitely guard himself against this, this position of president of the Fengtian Chamber of Commerce will not be able to do it at the end of the year! Doing business depends on a wave of popularity, and if it wilts because of this incident, the future will be difficult.
Zhang Zuolin's shooting of his brother-in-law was known to everyone in Fengtian, and Feng Delin naturally got the news. He is also an old treacherous and slippery, he took the opportunity to make trouble some time ago and did not succeed, and he was still holding his breath, and now he has seen this good opportunity again. He sent someone to contact Huang Xianting: "The matter of rescuing the third master, the foolish brother is still planning, and he is so sad to hear that the virtuous son-in-law has died!" When Fengtian has been Zhang Zuolin for a long time, people and gods are angry! Unfortunately, its wings are too big to go head-to-head. I heard that Zhang Zuolin was recruiting troops, and the provincial capital's finances were very tight. If the younger brother should carry forward his advantages, disrupt his money, and let his economy be in chaos, then the soldiers and horses will be left without pay, and they will naturally centrifuge. If the brother takes advantage of the gap to exert pressure, he will definitely be able to alarm the center, or remove or drive away, then the influence of the Zhang family can be eliminated from the root, and the Huang family can also take revenge with one arrow. As for the matter of the three masters, it can also be easily solved. ”
To put it bluntly, Feng Delin wants to draw his salary from the bottom of the kettle, and use the power of Huang Xianting to disrupt the economy of Fengtian. This thing is very feasible, in fact, Lao Huang has been doing it for a long time.
Since the beginning of the Republic of China, the state has issued silver dollars, that is, we often say the ocean, this is a real thing: China has not yet broken away from the silver standard at this time, taking the three-year version of the Republic of China as an example, it contains 89% of silver, weighs 7 money and 2 cents, which is one yuan. However, the value of the silver dollar is too large, and it is very inconvenient to circulate in the market, just as in modern times, there are a large number of small changes that have to be issued with 100 yuan bills. At that time, all provinces had the right to mint money, of course, referring to small money, and in Mukden, many small banknotes were issued, called Fengtian small foreign bills.
The reason why it is called "small ocean" is actually the opposite of "big ocean". In ancient China, silver was needed as the main currency, but the earliest silver coins came from abroad. In the early years, it was customary to add the word "foreign" to all those from foreign countries, and the silver coins minted by foreigners were naturally called "foreign money". At that time, there was also a customary name, that is, the large silver coin in yuan was called the ocean, and the small ocean of the auxiliary coin in the angle was derived from this.
Feng Xiaoyang tickets are based on cash silver, and they began to be issued in the 32nd year of Guangxu in the Qing Dynasty. After the establishment of the Republic of China, the Bank of Communications immediately issued a small foreign bill of 500,000 yuan to recover the old banknotes issued in the Qing Dynasty. In 1913, the state-owned Fengtian Guanyin (later changed to the official silver of the three eastern provinces) and Fengtian Industrial Bank issued three denominations of small bank exchange coupons, commonly known as Fengxiaoyang.
At first, Feng Xiaoyang could be cashed out without restrictions, that is, with the exchange voucher, he could redeem small silver dollars from the bank. At this time, Feng Xiaoyang had strong purchasing power, and the people were also confident.
Unfortunately, the good times did not last long, and in the fifth year of the Republic of China, the First World War entered the deep water area. Since most European countries use the gold standard, while most Asian countries use the silver standard, European countries must sell gold and silver to buy strategic materials in Asia. As a result, there was a situation where the price of gold fell sharply and the price of silver rose sharply, which was called "gold is cheap and silver is expensive".
Because silver bills are more valuable than small silver dollars, if the small silver dollars are melted into pieces and exchanged for gold, they can make a profit. As a result, the Japanese in the Manchurian Railway annexed to collude with Chinese money merchants to exchange tens of thousands of yuan a day for small silver dollars at the silver number in Fengtian, and then melt the small silver into silver bills in Mukden or Dalian, and then buy and sell them in order to make huge profits. It is recorded that in this way, you can make a profit of five or six hundred yuan for every 10,000 yuan.
However, there is an essential difference between the run and the circulation of money, and although Chinese money merchants know that it is profitable, they still have some scruples. But the Japanese don't care about this, and destroying our country's financial system was originally one of their "missions". Some unemployed Japanese simply started working as "scalpers" to make a living. In the storefront of the official silver account of the three eastern provinces, there are often Japanese runs. It is said that the run on the Japanese alone is no less than 40,000 or 50,000 yuan a day. In August 1916, the amount of the run reached 780,000 yuan. According to Jing Youyan, who was the director of the finance department of the three eastern provinces, the official silver account of the three eastern provinces alone suffered a "loss of 80,000 yuan or 90,000 yuan" every day. The currency value is unstable, and Feng Xiaoyang's credit is declining.
The Fengtian Industrial Bank, one of the two companies that are qualified to issue Fengtian small foreign bonds, also has hidden dangers. At the beginning of its operation, that is, in July 1913, the Fengtian Industrial Bank originally planned to issue 800,000 yuan in banknotes with a reserve of 400,000 yuan, but it was uncollectible and has been issued more than 1.5 million yuan.
In two years, the authorities only increased the number of official shares to 700,000 yuan and commercial shares to 600,000 yuan, and by December 20, 1914, a total of 6.9 million yuan of small foreign bills had been issued. At the time of the crisis, the bank managers wanted to "increase the intensity of paper money issuance" to increase profits, and during this period, the Fengtian Finance Department transferred back all the official shares, which made the reserves seriously insufficient, and the credit plummeted.
This is not Mukden's first financial crisis.
At that time, Zhao Erxun, the first governor of the three eastern provinces, was forced to "negotiate" with Mitsui & Co. because Japanese businessmen refused to accept Feng Xiaoyang. The final result was the negotiation of nine agreements, the real estate deed worth 721,933.685 taels was transferred from the official bank of the three eastern provinces to Mitsui & Co. as a "guarantee", and the collateral could not be recovered until "the market is stable and unimpeded". In this way, the Japanese businessmen reluctantly agreed to accept Feng Xiaoyang, and the original Feng Xiaoyang did not honor it for the time being. It was not until 1912 that the official silver of the three eastern provinces recovered the collateral, which was regarded as quelling the turmoil. However, it was humiliating for the local government of one country to deign to provide "guarantees" to businessmen of another country, and this was also a "characteristic of the times" at that time.