Also in September, the speculative storm in the New York market suddenly collapsed, and Jay Cook Bank, which is known for its railroad bond financing, suddenly declared bankruptcy because it held too many railroad bonds, and as a result, the capital chain was cut off. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

The bankruptcy of the largest private bank in the United States, which grew up in the American Civil War, dealt a great blow to the mood of the American financial market, and in an instant the American market fell into a panic, and a wave of selling began to appear, and the railroad stocks and bonds, which were hot in the past, suddenly became uncared for, and a large number of railroad companies and banks went bankrupt intensively, and the market was in a panic.

The economic crisis began with the bond trading in Vienna on May 9, when the stock depreciated by hundreds of millions of rupiah within 24 hours. The exchange crisis in Vienna soon spread to other exchanges in Europe.

Finally, it was the cessation of capital exports from European countries to the United States, which led to the withdrawal of funds from the Bank of New York to railroad companies and industry, which led to the bankruptcy of the Jay Cook Financial Company, which owned a large number of bonds of the North Pacific Railroad, on September 18, igniting the flames of the financial crisis in the United States.

But what made Daming feel the economic crisis was mainly from the outbreak of the crisis in the United States, because the United Kingdom, as the No. 1 trading country of the Ming Dynasty, was not involved in this emergency crisis, and the economic crisis in Britain would not break out until five years later, so the economic crisis of the United States as the No. 2 trading country of the Ming Dynasty really affected the few modern industrial exports of the Ming Dynasty.

In just one month, there were a large number of defaults of American commercial banks, a large number of Ming businessmen went bankrupt and the money village went bankrupt, coupled with a major event in the south and the north, the prophet of Chunjiang plumbing duck, and the newspapers introduced various economic crisis information in a row, and for the first time the people of the Ming Dynasty knew that there was such a term, so that those who were enthusiastic about promoting modern industry and half-hung cultural people understood for the first time that the original industrial age also had a bad side.

Compared with the Northern Expedition of the Taiping Army, the Ming government was obviously more concerned about the French invasion of the Red River Valley, first of all, this river was not what Westerners thought they discovered, even the value of this waterway was discovered by the Chinese or Vietnamese, which was a traditional trade route between China and Vietnam.

Even the French saw the sailing boats of Chinese merchants in the upper reaches of the Red River and confirmed that the river could be used as a waterway, and the Black Flag Army that killed An Ye actually made a living by collecting tolls from passing ships.

Therefore, the French intervened in this waterway, which was an infringement on the interests of Ming merchants. However, it was obviously impossible for a squire official like Chen Zhiting to take into account the interests of the merchants, and he was mainly out of a perpetrator mentality, always worried that the French would retaliate, because the Ming Dynasty seized the French concession in Shanghai, so the Ming officials were always worried that the French would find trouble sooner or later.

After the Franco-Prussian War, when the French reparations had not been paid off, they obviously did not have any ability to compete with the Ming Dynasty, and Chen Zhiting and others were obviously too worried.

As a result, Zhu Jinglun told them that in this matter, it was best for the Ming not to take the initiative and not to interfere in the conflict between France and Vietnam, unless either of them made a request for the Ming to mediate. Zhu Jinglun hoped that the Vietnamese would be able to throw themselves into the arms of the Ming Dynasty under the pressure of France. But I don't know what the purpose of the Vietnamese is, under the French aggression in recent years, they have always refused to let the Ming intervene. According to information from the Vietnamese court, Vietnamese officials are worried about driving the tiger and the wolf into the house, and for them, the defense against the northern neighbor is always greater than the threat from the sea.

The Vietnamese refused to bow their heads, indicating that they had not yet reached a desperate situation, and the Ming naturally could not make a move.

So he also issued a statement, sending notes to France and Vietnam, expressing the hope that the two countries would exercise restraint, and at the same time hoped that the dispute between the two countries would not affect the interests of the Ming Dynasty in Vietnam, and that the Ming would remain neutral in the dispute between the two countries without touching the interests of the Ming Dynasty.

After the Ming Dynasty's declaration of neutrality was issued, it greatly dispelled the concerns of the French, who were most worried about the interference of the Ming Dynasty, a large eastern power that suddenly appeared.

Now that they were unleashed, An Nye took more than 100 soldiers and forcibly captured Hanoi, the largest city on the Red River and the former capital of Vietnam, and then clashed head-on with the Vietnamese government.

After that, An Ye successively captured some other towns and fortresses near Haiyang and the Red River Delta, led the fleet to the Guizhou-Vietnam border, and colluded with the peasant armed "Yellow Flag Army" in Heyang on the Guizhou-Vietnam border to burn and kill and cause nuisance.

At this time, Vietnam was more urine than the Manchu Qing Dynasty, An Ye led an expedition team of more than 100 to capture Hanoi, not to mention, and to the disgrace of the Vietnamese, An Ye recruited troops in Hanoi, recruited a Vietnamese puppet army of 14,000 people in only three days, and then conquered the city in the Red River Delta and controlled most of the important towns in northern Vietnam.

Like the Chinese, the local Vietnamese people also started a civil resistance movement, and the content of the movement was basically the same, not to fight the regular French invading army, but to burn pro-French Christian towns and plunder French merchant ships. As for the Vietnamese government, it was completely incapable of coping with the aggression of the French. Just 20 years ago, the Vietnamese so-called Emperor Ming Jun Ming Ming also laughed at Lin Zexu's disadvantage against foreigners, and in the end the Vietnamese behaved worse than Lin Zexu.

When the Vietnamese government found itself unable to resist, they did not choose to turn to the Ming regime, but instead recruited the Black Flag Army, an armed Chinese peasant army operating along the Guizhou-Vietnam border, as it has done historically.

This Black Flag Army was one of the peasant armies that had been raging in western Guangdong, first under the attack of the Qing army and then the Ming army, Liu Yongfu led this army to flee all the way to the border Shengbao (Lao Cai) area, control the Red River waterway, and collect tolls from merchants.

The conditions offered by the Vietnamese were very attractive, because the Vietnamese promised to hand over several prefectures and counties in the border area to the jurisdiction of the Black Flag Army, and Liu Yongfu did not hesitate to lead several thousand Black Flag troops to help the Vietnamese government suppress the Yellow Flag Army, which was also a peasant army.

The Black Flag Army of the Ming Army is not an opponent, and it is obviously impossible to beat the French, but it is easy to fight the Vietnamese puppet army recruited by the French.

This time, the French reassigned Flast, an officer of the regular army, to lead the regular army of the French colonies to the north, and only then did France really start the war, which could only be regarded as the personal behavior of An Ye as an explorer. The reason for the French army this time is that the people of northern Vietnam wantonly smashed churches and killed believers, and he sent troops under the banner of protecting religion, and no one dared to criticize this banner in the West, so this is a righteous military action in the West, and as for the things that caused all this, no one cares, and it is enough to blame the ignorance of the Vietnamese people to explain to their own people.

The Ming has always emphasized his interests in the region, but this is not just a business problem for one or two businessmen, but a big problem related to the safety of the Ming Dynasty.

Because the Ming Dynasty has become more and more inseparable from the ore from Vietnam, Hongji's coal supply now not only monopolizes the Ming market, but also is trafficked to various ports by Ming merchants, and all the coal added by merchant ships from various countries is now supplied by this coal mine. Although the French were very greedy and opened several coal mines in Hongji, there was no way to compete with the Ming merchants who had the first-mover advantage, and even the coal they mined was actually sold through the Ming merchants.

Although the iron ore in Taiyuan, Vietnam, can be mined very little due to transportation reasons, it still supplies about 100,000 tons of Daming every year, accounting for one-third of Daming's imported iron ore. Moreover, although these Vietnamese iron ores also contain phosphorus and sulfur, they are allowed by the standards, and the smelted steel, although it cannot be used in weapons, is no problem at all for shipbuilding.

At present, these iron ores are basically the exclusive interests of Ming merchants and local Vietnamese merchants, who open mines in the local area, mostly using the local method, and after mining, they are transported to the ports along the Red River by ox carts and small boats, and then loaded into large ships to Guangdong, and finally enter the smelting furnaces of the arsenal.

For the iron ore in Taiyuan, the French are more greedy, especially in the industrial giant Schneider company, which invests in steel mills and machinery factories in Daming, they are eager to occupy the interests of these iron ores, but the iron ore in Taiyuan is too scattered, and there is no modern means of transportation to assist, resulting in them have never been able to get the iron ore raw materials here, so far, Schneider's iron ore is mainly imported from France, resulting in the price of steel and machinery and equipment they produce is much higher than the market price, if it is not for the strong power would have been closed down long ago.

Squire bureaucrats like Chen Zhiting may not care much about the interests of businessmen, but it is impossible for them not to care about the source of raw materials for the arsenal, not to mention that they are also slowly changing their thinking, and they are not so indifferent to commerce, and they have become very concerned about industry, so they naturally care about these raw materials.

At a time when the French and the Vietnamese were in dispute over the Red River Valley, Chen Zhiting repeatedly asked the navy to send warships to the relevant areas to escort the transportation of coal, especially iron and steel ore.

But at the official level, Daming has always exercised restraint and always adhered to his neutrality statement. Sending warships deep into the Red River to escort the convoy was already the most drastic measure, and other than that, there was no military action, and it seemed that there was no intention of any military action.

This attitude of the Ming Dynasty was originally Zhu Jinglun's desire to instigate the French to deepen the pace of aggression against Vietnam, but he did not expect to cause a misunderstanding to the outside world, and the misunderstanding of Britain and France could not lead to misunderstanding, but the misunderstanding of a country that did not know life and death brought unexpected and unreasonable troubles.

Japan judged that the Ming Dynasty would not intervene in the affairs of other countries, so they invaded Taiwan as they did in history.

After Zhu Jinglun received the news of the Japanese invasion of Taiwan copied by the Department of Foreign Affairs, he was very emotional, the Northern Expedition of the Taiping Heavenly Kingdom, the French invasion of Vietnam, the world economic crisis, and the Japanese invasion of Taiwan were really eventful.

The Taiping Army's Northern Expedition to the Ming Dynasty can be ignored, and the French invaded Vietnam and the Ming Dynasty can also be ignored, but the Japanese invaded Taiwan, Zhu Jinglun felt that the Ming Dynasty should not be ignored, but looking at the attitude of the Ming government, it seems that he does not attach much importance to this matter, and just routinely copies this matter to Menxia Province, or Hurd feels that this is an event related to regional balance, and after emphasizing it to Zhu Jinglun, Zhu Jinglun noticed such a thing.

In addition, there is no relevant content in major newspapers or government bulletins.

Obviously, if Zhu Jinglun doesn't take the opportunity to interfere, then no one will care about this matter.