As soon as the run occurred, it caused a sensation in Vienna and began to spread in all directions. The stock market reacted immediately, and the share price of Austria-Hungary began to fall more than once.

At this time, Vickers was in a hurry, and no bank was not afraid of a run, especially in an economic crisis. The shareholders' meeting was immediately convened to ask for help from the major shareholders behind the scenes.

Vickers made the right decision, and the shareholders behind the Austro-Hungarian Bank were all powerful members of the Austro-Hungarian Empire. As soon as these bigwigs acted, the Austro-Hungarian government came forward to refute the rumors and act as a guarantee for the Austro-Hungarian Bank, and Vickers borrowed a sum of money from other peers for emergencies.

At the same time, they also used their connections to move the media to start a public opinion offensive in an attempt to reverse the adverse effects.

If no one had interfered with this, Austria-Hungary would have survived the crisis by now. However, Forhu will certainly not give up, and Ferdinand's aim is to devastate the Austro-Hungarian bank, preferably outright bankruptcy.

The biggest problem of the Austro-Hungarian Bank now is "credit", as long as the people continue to spread the bad news about the Austro-Hungarian Bank, no one can save it under the public mouth.

At the end of the 19th century, the government had very little control over public opinion, and the freedom of the media was extremely high. Fuhu still chooses the old way - with rhythm, for example: last month, the Tianweirui textile factory went bankrupt, and he still owes a loan to the Austro-Hungarian bank, which has become a bad debt; Half a month ago, the Casston hardware factory went bankrupt again, and it was also owed, and the Austro-Hungarian Bank had a loan, and it was a bad debt, etc.

Reporting bad debts is a small problem, how can there be no bad debts when opening a bank? But I don't say the specific amount, it is all described as a "huge loan", and the amount of this "huge amount" depends on the brains of the masses.

For ordinary people, a loan of 10,000 kroner is also a huge amount, and a loan of 1 million kroner is still a huge amount. It is possible to make any number of guesses, and ordinary people make guesses based on what they think is reasonable.

Then the more I thought about it, the more I felt that there was a problem with the Austro-Hungarian Bank, and there were always bad debts recently, and this was only made public, and I don't know how many of them were secretly? No, the Austro-Hungarian Bank is afraid that it is in danger, and it must be withdrawn quickly! The run crisis intensified.

Now the direction of public opinion in Vienna is very strange, and most of the mainstream media are calling for everyone to calm down and stand up for the Austro-Hungarian Bank; Other street tabloids reported on the bad debts of the Austro-Hungarian Bank and fought with each other.

In general, Vickers' PR was effective, and Austria-Hungary gradually reversed the negative influence on public opinion, but the number of people withdrawing money did increase.

Vickers certainly didn't know that there was a kind of "hype" in later generations, and there was no need to come up with evidence to make everyone believe it, as long as some people doubted it, it could achieve its goal.

The war of words between the media, and now that the topic of the Austro-Hungarian banking crisis has been heated, it is difficult for ordinary people to distinguish between truth and falsehood.

Many people chose to withdraw money in advance from the Austro-Hungarian Bank for the sake of safety, and seeing the crowd in line strengthened this determination, which then affected more people.

Vickers panicked, and the Austro-Hungarian bank run crisis broke out in full swing, and now millions of dollars of cash are being withdrawn every day, and this number is constantly increasing. Even some of the big customers are starting to wait and see, and once these people are on board, then the Austro-Hungarian bank is really finished.

Vickers decided to completely turn public opinion, he is well aware of the-urine nature of newspapers, and no matter how they report, it is for a money. There may be newspapers that really exist for the sake of justice and justice, but they are not worth mentioning in the face of money.

The Austro-Hungarian Bank stepped up its money offensive, but Forhu was not going to sit still. Ferdinand's intelligence organization in Vienna was the first to start operating, and its influence was definitely not what it seemed.

Soon, Fuhu had evidence of the Austro-Hungarian bank's purchase of the newspaper. Photographs of the money transactions between the Austro-Hungarian Bank and the newspaper were grandly published on the front page of the next day.

A small photo of a bullet is attached to the photo, as well as the passionate commentary of the editors, that justice will not yield in the face of money, and justice will not compromise with bullets...... It is necessary to expose the despicable methods of the Austro-Hungarian Bank.

There is a picture and the truth, this time the reverse caused by it is much greater, the people of the Austro-Hungarian Empire are angry, and they have joined in the condemnation of the Austro-Hungarian Bank, and they dare not stay for a moment if they have deposits, and they will withdraw money immediately.

Now it was too late for Vickers to do anything, and the people all decided that there was something wrong with the Austro-Hungarian bank, otherwise why spend money to buy the newspaper and threaten people.

Vickers is now crying without tears, yes, he did it with money, this is a very common thing, it is normal to buy public opinion, it is nothing more than what he has done a little too much.

But sending bullets, this kind of garbage really has nothing to do with him, it's not easy to deal with a street tabloid, can you use it to teach people a handle?

But now any explanation is futile, and the Viennese media, except for the newspaper they control, no longer dare to speak for them, which is too much to affect the credibility of the public.

Wix is gone, and in fact there is no need to think of any other way now, and it is the right way to deal with the run crisis.

As a qualified banker, Wickers knew that to get through this difficult time, it was just a word of money, and the first priority was to raise money as much as possible.

But another piece of bad news came, Wiesen Czech Bank went bankrupt!

"The mountain rain is coming, and the wind is full of buildings"

Although the Czech Bank of Wiesen is not as good as the Austro-Hungarian Bank, it can also be ranked in the top 10 of the Austro-Hungarian Empire, and such a large bank is finished.

On the eve of the financial crisis, the Czech Bank of Wiesen was ambitious, aggressively expanding its financial territory, and then the steps were too big to catch up with the financial crisis, and it was really unbearable, and the shareholders simply came out of their shells.

quietly transferred some high-quality assets, and then suddenly declared bankruptcy, which dealt another severe blow to the stormy Austro-Hungarian Bank.

The financial circles of the Austro-Hungarian Empire are now in turmoil, and the run on the currency has begun to spread. People seem to have lost faith in the banks and have taken to the streets and queued up.

The Austro-Hungarian government could not sit still, and on the one hand announced that it would fund the salvation of the world, and on the other hand, it asked for help from the German financial community.

Bankers also began to save themselves, with Vickers taking the lead in announcing a moratorium on loans, and then began a tearful sale to sell the assets of Austro-Hungarian Bank in response to the credit crisis.

When Ferdinand, who was far away in Bulgaria, received the news, he knew that it was almost time to close the net. The financial crisis in the Austro-Hungarian Empire was caused by the economic crisis that led to the lack of confidence in the banks, which was suddenly detonated by Fuhu.

When the Austro-Hungarian government reacts, the crisis of joining the salvation will almost pass, and it is impossible for Germany to watch the financial collapse of Austria-Hungary. The economic ties between Germany and Austria were very tight, and unless they felt that the economic crisis in Germany was not big enough, they had to save Austria-Hungary.