In order to support Wang Yongan, Song Jiashu, Yu Qiaqing, and Zhang Jingjiang each deposited silver taels in the Industrial Bank of China, and used the Industrial Bank of China as the accounting bank of their own company, which made the Industrial Bank of China a financial giant in Shanghaitan in January. Pen | fun | pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

And Na Luo Shitong actually went to Nantong to persuade Zhang Jian to hand over the financial business of Dasheng Yarn Factory to the Industrial Bank of China. Zhang Jian did not recognize Luo Shitong in his heart, and Luo Shitong could also see that if Zhang Jian hadn't devoted all his energy to Dasheng Yarn Factory, there would have been no place for Luo Shitong a long time ago. But Luo Shitong can also see that Zhang Jian now very much wants to interfere in politics through his own efforts, although Zhang Jian said that he wants to ask for the people's life, but every politician wants to realize his political ambitions, and Zhang Jian also has his own political ambitions to revitalize China.

Luo Shitong persuaded him: "Has the straight prince ever thought about why the ups and downs of the public have been uncertain? Gai had no backing in the imperial court because he was expelled from his hometown because of his father-in-law, although his name was shocking to the world, but there was no real power to support him, which caused him to shout powerlessly and never be able to stretch his ambitions. Now the second son and the fourth son of Yangzhou have a martial arts and a text, the second son has three in his thirties, and the second son is only twenty years old, and the future must be immeasurable. If the public supports them, he is supporting himself, and he is also benefiting the Zhang family. The straight prince supports the two kings today, and the two kings of the day bless the descendants of the Zhang family. ”

Two days later, Zhang Jian publicly announced that Dasheng Yarn Factory would carry out comprehensive cooperation with the China Industrial Bank, and on behalf of the Jiangsu business group to negotiate business with the China Industrial Bank, and the entire Jiangsu Provincial Chamber of Commerce would support the development of the China Industrial Bank.

As a giant in China's textile industry, the cooperation between Dasheng Yarn Factory and the Industrial Bank of China has played an exemplary role, so more and more businessmen in the Jiangnan region have chosen to cooperate with the Industrial Bank of China, driven by Zhang Jian, the other two of the three giants of Jiangbei Commerce, Shen Yunpei and Xu Dinglin also announced the cooperation with the Industrial Bank of China, the three giants of Jiangbei each deposited one million taels of silver in the bank, so that the Bank of China has sufficient funds.

In the serious rubber stock market crash, the birth of the Industrial Bank of China not only shocked the Qing court, but also shocked the foreigners.

What no one expected was that a private bank would gradually stand out from the backward and declining credibility of the financial system at the end of the Qing Dynasty, and foreigners could not understand why many Chinese businessmen kept their money in the Industrial Bank of China, after all, compared to the banks of the great powers, the Bank of China had no background from the state at all. However, it was precisely because the Bank did not have the support of the Qing court that the merchants believed in its commerciality and credibility even more, especially the strong support of the villagers in Jiangsu Province, which allowed the Bank to defeat the national financial institution designated by the Qing government.

On the surface, the development of the Industrial Bank of China was due to Wang Yongan's reliance on Wang Yongtai's Jiangbei Patrol and the strength of the 24th Mixed Association, but more importantly, he received the support of a large number of Han gentry and ordinary people in the south of the Yangtze River.

The reason why the Han people in Jiangnan officialdom supported the China Industrial Bank was that the ticket number at the end of the Qing Dynasty had too deep a relationship with the Qing government, because a series of untrustworthy behaviors of the Qing government, especially in the rubber stock market crash, the Qing court's stupid behavior that was unable to rescue not only burdened the family, but also caused the Qing court to be unable to repay the Gengzi indemnity in time, and had to borrow money from foreign banks, thus betraying more national interests. The rubber stock market crash not only hit the financial industry of the Qing Dynasty hard, but also greatly reduced the credibility of the ticket number, and also seriously reduced the credibility of the Qing government.

At a time when confidence in ticket finance and the Qing government was lost, Wang Yongan's Zhonghua Industrial Bank was born with the support of the military and Jiangnan gentry celebrities under the guise of the Han people's own banking concept, filling the gap in the credibility of Jiangnan's financial industry.

At the end of 1910, Luo Shitong made a proposal to Wang Yongan that he could not refuse, and issued his own currency, the Chinese currency.

Wang Yongan and Luo Shitong studied behind closed doors for three days and three nights, and decided to try to issue Chinese coins, and this Chinese currency has only one function, that is, to distribute monthly salaries to the employees of their own company group instead of silver taels, so as to replace silver and copper coins to pay salaries. At the end of each month, when it is time to pay salaries, major companies have to run to the bank to carry the money out, and then send special personnel to protect it, and only breathe a sigh of relief after the money is paid.

So Luo Shitong felt that it would be more convenient to use currency instead of silver, and the reason he dared to do so was that the employees of several of Wang Yongan's group companies did not dare not use Chinese currency, otherwise they would face the danger of losing their jobs. At the beginning, the Chinese currency could only be used for the salary collection and exchange of employees of the Industrial Bank of China, China Shipping Group, and Yanghua Real Estate Company, and the holders of the Chinese currency were often the employees and family members of the company, and they could directly exchange the silver in the Industrial Bank of China with the Chinese currency, so as to avoid the loss of the silver taels. And it is almost impossible for petty thieves to exchange Chinese coins for silver at the China Industrial Bank, which ensures safety.

Although the employees of these companies were not satisfied, some of them immediately exchanged their salaries at the bank as soon as they paid their salaries at the end of the month, but gradually they found that the exchange was convenient and fast, the bank staff was very good, and the bank also handled savings business, with good interest and support from the employees. Many people secretly went to the China Industrial Bank to save money, hoping that the value of the silver would be preserved and that they would be able to eat the interest.

In order to be able to let employees rest assured that they can hold Chinese currency, Wang Yongan had to establish a chain of grocery stores, Lemai Group. Lemai grocery stores only accept Chinese currency, not silver and copper coins, and do not accept any foreign currency, which makes many employees accept Chinese currency.

Because it was only used within Wang Yongan's companies and cooperative companies, the Chinese currency did not attract the attention of the imperial court, and everyone even thought that the Chinese currency was another stock, and many people even secretly bought the Chinese currency at a high price and saved it.

The exchange of Chinese dollars and silver issued by the Industrial Bank of China is 100 Chinese dollars for 1 tael of silver, and there are ten denominations, namely 10,000 Chinese dollars, 1,000 Chinese dollars, 500 Chinese dollars, 100 Chinese dollars, 50 Chinese dollars, 20 Chinese dollars, 10 Chinese dollars, 5 Chinese dollars, 2 Chinese dollars, and 1 Chinese yuan. The main color of the Chinese coins is red, with green, blue, black and yellow composition patterns, the difference is by size, the reverse pattern of all Chinese coins is Yangzhou Jingfa Temple, and the obverse pattern is the most famous master of Jingfa Temple.

There are a total of nine ways to indicate the amount of Chinese currency, which are capitalized in Chinese characters, lowercase in Chinese characters, Arabic numerals, Manchu numbers, English numbers, Japanese numbers, French numbers, German numbers, and Russian numbers, and more appropriately indicate the exchange ratio of Chinese dollars and silver in Chinese, Manchu and English.

In order to allow the Qing court to recognize the legitimacy of the Chinese currency, Wang Yongan also specially asked people to write in Manchu on the top of the Chinese currency, "Long live my emperor, God bless the Qing Dynasty" and other sycophant words, of course, with the fall of the Qing government, the top text became the Chinese "Republic of the Five Nationalities, God bless China", and after the fall of the Beiyang government, the top text was changed to "Republic of China, standing in the East", and finally the text was replaced with "Chinese workers and peasants unity......