Chapter 228: Life and Death, Currency War

The "wall of fire" swept overhead and swooped down on the coastline in the distance. In just an instant, a huge explosion was heard from the shore, and in the firelight, countless fragments were thrown into the sky and fell one after another.

The passengers and crew watched as the Japanese bombed the bombing, many of them pale, and Cao Yixin frowned.

The sea finally quieted down, and the Japanese warships stopped shelling and began to start.

The huge roar of the engine shook the hearts of the people on board, and the huge hull that gradually pressed over made people feel that danger was really beginning to come.

Fortunately, this was only a demonstration, and the Japanese warship sailed past the side of the mail ship, and the waves set off made the mail ship sway violently.

Cao Yixin stretched out her hand and grabbed the railing, trying her best to stabilize her body, "The Japanese, really, are really arrogant." Looking at the Japanese warship in the distance, she scolded hatefully in her heart.

…………

Cao Yixin left, the time was just right, and Shen Chen began to act according to the plan.

With a boom, a cloud of black smoke rose from the yard, and a twenty-pound stone flew out of the arc for dozens of meters and smashed heavily on the ground.

There is not much time, and there are already patrols coming to check.

"The bomb thrown by the thugs, but unfortunately let him run." Shen Chen had a solemn and resentful expression on his face, "You guys check and see if there are any suspicious guys around." ”

The patrols took the order and left, and Shen Chen sneered.

The experiment was finally done, and at this time, others must have suspected the Japanese of instigating it. Either threatened, or persecuted, just for the sake of martial arts.

Shen Chen turned around and went back, and together with Zhao Youcai and Old Man Feng, he took out the half-buried iron bucket on the ground and hid it. The barrel was blackened, but there was no sign of exploding.

The measurement distance, less than 30 meters, can also meet Shen Chen's requirements.

This also means that one experiment is almost enough, and it is not very precise, and it should not be a problem to be able to push the explosive bag from the road into a house the size of 76.

And today, Shen Chen not only did the experiment, but also issued a statement in the newspaper to respond to the Japanese competition.

The matter of the martial arts competition has made Yano and Miyagi Gogen troubled for so many days, and many people know about it, and it has also been commented on in the newspaper.

But Shen Chen's statement still surprised most people.

The statement is very simple, it is inevitable that there will be mistakes in the competition, the Japanese are despicable and shameless, and if Shen Chen is injured, he can be appointed to a Japanese court for trial, which means that he will be fine; And the other way around, it will not be relentless.

Therefore, Shen Chen said in his statement that it is okay to compete in martial arts, but it is necessary to establish a life and death situation. The two parties find a notarization and issue an official statement, life and death have their own destiny, and they will not be investigated.

Who would have thought that Shen Chen would respond like this, even Miyagi Gangxuan was unexpected.

The original challenge was still arrogant, and he could laugh at Shen Chen for being as timid as a mouse and not daring to accept it; But now, it's the other way around, you don't accept it, aren't you just a cowardly person who is afraid of death?

Of course, Miyagi Tsuyogen is full of bushido spirit, and he is not afraid of death. But other Japanese people don't think so.

Just as Shen Chen thought, the martial arts competition was also one of the conspiracies of the Japanese. In other words, it is not as simple as deciding the winner, but to take the opportunity to kill Shen Chen.

Once he accepted the normal competition, Shen Chen fell into the trap. If you lose to Miyagi Ganggen, you will be killed by him in the competition; If Miyagi Gangxuan's ability is insufficient, he will also fight to the death in the competition, inducing Shen Chen to lose.

Regardless of whether Miyagi was killed or wounded, the Japanese would use this to put pressure on the concession authorities to force the police to dismiss Shen Chen from his duties, and even detain him after trial.

Without that police uniform, or in prison, what does Shen Chen rely on to protect himself?

After the challenge was issued, there was an analysis in the newspapers, and the Japanese did not answer it positively, which proves that this is the case.

In the historical Lin Xiongji incident, that guy took out a gun and injured Kai Ziwei and others, and was only sentenced to two years in prison by the Japanese court he designated, and served his sentence in Japan.

When he returned to Japan, Lin Xiongji did not go to prison at all, but after more than a year, this old guy returned to Shanghai.

Now, because of Shen Chen's quick decision, this guy has died in Huangquan, which makes the Japanese grit their teeth with hatred.

Similarly, Shen Chen's response was interpreted by the Japanese as a means of getting out of the way. Just like Lin Xiongji, killing Miyagi Gangxuan is also a vain kill.

Anyway, the Japanese responded quickly. In the name of Miyagi Gangxuan, he shouted in the newspaper the next day and agreed to Shen Chen's request.

To delay is to show weakness, and this is unacceptable to the Japanese. In their opinion, Shen Chen also had the intention of bluffing.

Life and death? Whether this kind of thing will be officially recognized, whether it will have legal effect after notarization, and whether the murder is innocent are still uncertain, how can you be frightened by Shen Chen?

In fact, Shen Chen also knew that these things were troublesome, but he was not in a hurry.

The response has already been made, if Miyagi Gangxuan is looking for death, he will be in a hurry to arrange it, he just needs to wait.

Moreover, he is only a personal will, and it is not yet known whether the patrol room and the police department will allow public servants to engage in this kind of competition.

In fact, Shen Chen hoped that there would be more waiting time, because although the big operation could be handed over to Chu Jiao and the others, if he did it, the hope of success was greater.

No matter how he tossed, the wheels of history were still stubbornly moving forward, a bloody storm shrouded again, and gunshots and explosions rang out on Shanghai Beach again.

The War of Resistance Against Japanese Aggression was the greatest national liberation war in modern Chinese history. The Japanese imperialists not only attempted to make China a colony, but also vainly attempted to become a resource supplier for their invasion of Asia to "feed the war with war."

To this end, it has looted gold and silver, spreed for supplies, and destroyed China's economy.

After the July 7 Incident, Japan successively set up four large fake banks in China to issue counterfeit banknotes and seize the market in the occupied areas to meet the needs of its political and military aggression.

For example, in Northeast China, the puppet Manchurian central bank currency quickly occupied the currency market in Northeast China and gained a relatively consolidated monetary position in the war of aggression against China.

In Central and South China, the Japanese army unscrupulously adopted the tactics of attacking with five currencies and stepped up its penetration step by step.

That is, the currency in the original circulation field is exchanged for counterfeit currency; Adopt various methods to block the original currency circulation; artificially inflating the value of counterfeit currency and devaluing the original monetary value; forcibly buy materials with counterfeit money and control the market everywhere; A large amount of counterfeit money was remitted to China's anti-Japanese democratic base areas in the form of bills of exchange in an attempt to stifle the financial affairs of the liberated areas.

At the same time, the Japanese puppets also used a high-pressure policy to loot the fiat currency in the occupied areas and arbitrage the foreign exchange of the fiat currency in Shanghai and other places.

The Japanese puppets used traitors to establish the Huaxing Commercial Bank and the Central Reserve Bank in Shanghai, both of which absorbed a large amount of foreign exchange in legal tender, causing China's economy to suffer heavy losses.

In order to implement the wartime fiscal and economic policy, the government of the Nationalist Government carried out a currency reform, and announced that the non-convertible banknotes issued by the central government, China, and the three banks of Communications (later the Peasant Bank were added) would be used as legal tender and circulated throughout the country.

This kind of currency occupies a dominant position in East China, Central China, and North China, so that the Japanese pseudo-Japanese financial infiltration has been strongly resisted.

Forced by the value and credibility of fiat currency, the Japanese counterfeit had to change its strategy, give up the expulsion of fiat currency in East China and Central China, and instead use fiat currency to use counterfeit currency and fiat currency as bait to erode the fiat currency market and expand the position of counterfeit currency.

In response to this situation, the Nationalist Government has taken measures to prevent the Japanese from counterfeiting fiat currency and arbitrage of foreign exchange.

Later, the Ministry of Finance promulgated the "Measures for Handling Foreign Exchange Clearance," which caused the central government, China, and the three banks of Communications to stop the supply and sale of foreign exchange, and the dream of turning legal tender into "waste paper" completely bankrupt.

As soon as modern wars break out, they are rarely fought at a single level, but mostly on all fronts. After the Japanese invaders occupied North China, they immediately implemented the "joint ticket" and looted the fiat currency for the ban on national affairs.

At the same time, the Japanese began to counterfeit a large number of paper money and export it to the national capital area, squeezing strategic materials and creating inflation in the national control area.

To this end, a scientific research institute for counterfeiting coins was set up in its own territory, and a printing plant for counterfeiting coins was set up in the occupied areas, which was under the direct command of the Japanese General Staff, and its code name was "Shangong", that is, to study and formulate printing technology and circulation measures for counterfeit money.

In the face of a large number of counterfeit money thrown by the Japanese counterfeit, the government of the National Government resolutely adopted the strategy of "fighting fake with fake".

In order to disrupt the finances of the Japanese puppet rule, he ordered the Military Administration to cooperate with European and American banknote companies to establish a mint for counterfeiting Japanese banknotes.

At that time, the Japanese army circulated Japanese banknotes of various denominations in the areas under its occupied, and whenever the Japanese army issued a kind of banknote, the personnel of the military command organization rushed to print it day and night, and then smuggled it into the occupied areas controlled by Wang Puppet for use.

These banknotes are identical to those in circulation in the occupied areas, and even Japanese numeracy experts have difficulty identifying them.

As a result, counterfeit money easily bought large quantities of gold, cotton yarn, cloth and other items, destroying the financial market dominated by the Japanese army and exacerbating inflation in the area under the Japanese puppet rule.

This war without the smoke of gunpowder was the result of the Japanese invading army's economic policy of "feeding the war with war" and forcibly issuing pseudo-government currency with bayonets and bombs in the occupied areas without reserves of foreign exchange and precious metals such as gold and silver.

This "banknote", which has little value, is bought or stolen from China's vast quantities of goods and wealth. It was transported to the Japanese mainland or directly transferred to the invading armies as supplies for the war against China, and Chinese materials were used to destroy China.

However, what made the invading Japanese army feel quite helpless was that in South China, the occupied areas of Central China, and the vast rural areas, the "legal tender" issued by the Nationalist Government was still the main currency in circulation.

Especially in central China, with Shanghai as the center, fiat currency still has strong strength. The vast number of Chinese in the occupied areas resolutely resist counterfeit money!

The military tickets that the Japanese army had previously used in these areas were also resisted because they had neither reserves nor material reserves to support them. All these brought great obstacles to the plundering of materials by the Japanese army in the above-mentioned areas.

But the Japanese did not give up. They instructed Wang to establish a pseudo "Central Reserve Bank" and forcibly issue "Central Reserve Bills," thus launching a financial war again.

However, the mission given by the Japanese army to the "Central Reserve Bonds" is still to further use blank paper to extract China's resources and achieve the goal of "feeding the war with war".

They tied the "Central Reserve Bills" to the "Military Bills" issued by the Japanese military, and arbitrarily established the exchange rate of the legal tender of the Chongqing Nationalist Government by taking advantage of the strength of the invaders' bayonets.

The ultimate goal of the Japanese is to erode the circulation channels of fiat currency, in an attempt to eventually expel fiat currency and replace its dominant position in the currency market.

The pseudo-"Central Reserve Bank" is headquartered in Nanjing, and the currency issued is called "Central Reserve Bills".

20 percent of the "Central Reserve Bills" issued by Wang's puppet Central Reserve Bank were for Wang's puppet government, and 80 percent were for Japan's invading military.

This monetary strategy is in this place: once credit is accumulated, society will provide them with as much material as they need.

Due to Shanghai's financial status in the country, Wang's puppet government set up a Shanghai branch in Shanghai. The address is located at No. 15 on the Bund, which is the former site of the Russians Sino-Russian Daosheng Bank.

Previously, the headquarters of the four major banks, the Bank of China, the Central Bank, the Bank of Communications, and the Farmers Bank of China, were evacuated from Shanghai due to the defeat in the August 13 War.

However, the Nationalist Government is well aware that because of the importance of Shanghai's economic status, the survival of their financial power in Shanghai is still related to its political and military lifeline.

As a result, the anti-Japanese government in Chongqing continued to control Shanghai's financial markets through the branches of the four major banks remaining in the concession, maintaining the status of fiat currency in the occupied areas.

The establishment of the pseudo-Central Reserve Bank and the release of the "Central Reserve Bills", as well as Japan's predatory intentions, posed a great threat to the monetary and financial position of the Nationalist Government.

To this end, the Chongqing National* Government reacted quickly and began to deploy and block the establishment of Wang's puppet Central Reserve Bank and the issuance of the Central Reserve Bank.

For this reason, in Shanghai, the Nationalist Government and the Wang Puppet Group launched a financial war over the survival of fiat currency and the "China Reserve Bills".

In this particular war, both sides used political, economic, and legal means until they developed into a large-scale spy war using their respective secret service organizations.

This battle eventually evolved into a series of "bank bloodshed" in the financial field that shocked China and the rest of the world. This is unprecedented in the history of finance.

On the eve of the release of the puppet Central Reserve Bank and the "Central Reserve Bonds," the Chongqing Nationalist Government sent a telegram to the Shanghai Public Concession Bureau of the Ministry of Industry to forward instructions to the Shanghai Sino-Foreign Bank: Refuse to accept the "Central Reserve Bonds."

The telegram said: The puppet Central Reserve Bank is an illegal organization, does not have sufficient reserves, and is not a member of the Chinese or foreign banking associations, and requests that the "Central Reserve Bank" be refused.

According to this telegram, the Shanghai Public Concession Bureau convened a discussion with the upper echelons of Shanghai's financial industry and business to decide:

Shops in the public concession must refuse to use the banknotes of the "Central Reserve Bank";

"China Reserve Bank" banknotes are not allowed to purchase foreign exchange;

The savings cabinets of various banks refuse to accept "medium savings certificates".

The Chongqing Nationalist Government also sent a telegram to the Shanghai Silver and Money Trade Union and the Municipal Chamber of Commerce, ordering them to refuse to use the counterfeit China Reserve Bonds, and the Post and Telecommunications Bureau in the Shanghai Concession was also ordered to refuse to collect foreign exchange.

Subsequently, the Shanghai banking industry and the money bank trade union also responded quickly.

The puppet Central Reserve Bank was unanimously rejected by the concessions, and even the tram companies in the concessions, unable to bear the threat of bayonets and grenades, agreed to accept the "Central Reserve Vouchers" to buy tickets, but basically no one used them to buy tickets.

The Wang puppet clique, which was at a loss, was in a hurry and did not hesitate to use the No. 76 spy group to eliminate its traitors.