Chapter 166: The Silver Crisis
After receiving the report of the Golden Tiger, Li Han was relieved a lot, and the "Silver Act" of the United States became more and more hyped, and all countries got some news that the Japanese had been frantically buying silver in recent months. Pen × fun × Pavilion www. biquge。 info
Because of the support of the Japanese army, Japanese merchants smuggled silver from the Republic of China almost openly. Not only that, but in order to expand the source of silver, they also found a large number of agents from merchants in the Republic of China to help them smuggle silver from all over the country.
And these merchants, with the protection of the Japanese, also began to smuggle openly, even more so than the Japanese merchants.
Li Han knew that the "Silver Act" promulgated by the US government dealt a fatal blow to the government of the Republic of China with silver as the standard currency.
On the surface, the increase in the price of silver strengthened the purchasing power of the Republic of China government, but in fact the Chinese currency rose sharply against the US dollar due to the high silver price, and the purchasing power of the US dollar was three times higher per ounce of silver.
That is, three times as many dollars can be exchanged for the same value of the Chinese currency. Residents of the United States and the rest of the world suddenly feel the high price of Chinese goods, while the Chinese people are happy to consume foreign goods.
When most of China's goods were no longer competitive for export, the only commodity that could be exported at that time was silver, so silver became a commodity and began to be sold abroad in large quantities.
In the silver-standard Republic of China, the export of silver led to a shortage of currency and a severe economic panic in China. At the same time, the rise in the price of silver seriously hindered the development of foreign trade, and a large number of industrial and commercial enterprises went bankrupt.
All this eventually led to the collapse of the national economy, the reduction of state tax revenues, the emptiness of the treasury, the difficulty of spending, the financial panic, and the deepening of the social crisis, thus affecting the ruling foundation of the Nationalist Government in Nanjing.
Seeing this, the little devils began to buy silver on a large scale, so that they could not only make a lot of money from it, but also completely destroy China's financial and monetary system.
Although Li Han had no way to stop the implementation of the Silver Act, he was still able to do something about the smuggling of the Japanese, and except for North China and Northeast China, the rest of the region was under the control of the Nanjing government.
The Japanese basically gave up smuggling there, and devoted all their energy to the two occupied areas of Northeast China and North China.
This is also the reason why Li Han is anxious to develop a force in the northeast region, because he plans to attack the Japanese at the same time in both Pingjin and northeast.
Li Han knew that the Japanese had prepared tens of millions of yen to buy silver and prepare to sell it to the United States, and they even directly took action to rob the Nanjing government of tens of millions of silver dollars worth of silver stranded in North China.
In the northeastern region, they also purchased 50 million silver dollars worth of silver from the private sector, and in Mukden province alone, they bought and grabbed about 30 million silver dollars.
If all this silver is sold to the United States, it will be enough for Japan to build several more battleships, and this will undoubtedly be worse for the Republic of China.
The 50 million silver in the Northeast, Li Han is not very easy to handle, but the tens of millions of silver in North China, Li Han will not be polite, even if it triggers a full-scale confrontation between Chahar and Japan.
It's a big deal to fight with the Japanese, even if Chahar is beaten into ruins, with these tens of millions of silver dollars, it can be recovered in a short time.
If you don't take 10,000 steps back, even if you can't keep Chahar by then, Li Han will be able to use this money to buy weapons from Germany on a large scale.
And after losing the territory, he also has no scruples, so he can lead the security army to constantly cause trouble for the Japanese.
To this end, Li Han also set up five security regiments in Xuanhua, Zhangjiakou, Zhangbei, Yanqing, and Huai'an, of course, there is still a big gap between this security regiment and the security regiment before Yan Chihuo, and each security regiment has only 1,000 people.
With the security army as an example, and the help of Chahar businessmen, a large number of young people were soon recruited from Hebei, Henan, and Shandong provinces.
Both the security regiment and the security army are treated better than ordinary national army troops, and one of the three meals a day must have meat to eat, these conditions are still very attractive to most young people who can't even eat enough.
The Japanese will not know Li Han's thoughts, and even if they do, they will not pay attention to them, and at this time when they come, they will not trouble Li Han, and Li Han will have to burn high incense at home.
"Version-kun, how are the things going on with Silver!"
"Oshima-kun, things are going very well, I have already acquired five million yen of silver, and this number is still growing, but I have a little insufficient funds in my hands now."
The version said that after Ishida Oshima told him the news that the United States was going to raise the price of silver, the version Shinichi couldn't sleep for several days when he was excited.
In order to seize the maximum benefit of the "Silver Act" in the United States this time, Shinichi Sakamoto has concentrated all the assets on hand, and even borrowed more than 2 million yen from a friend.
"Yo Xi, you are worthy of being the elite of the Empire's business community, and among the many merchants of the Empire, you are the fastest.
As for the lack of funds, Noda-kun don't worry, in order to crush the financial system of China this time, the empire has prepared hundreds of millions of yen specifically for the purchase of silver, and you can find a loan from the Imperial Bank at any time. ”
Ishida Oshima is the head of the Japanese Zhengjin Bank in North China, and has been committed to dominating the financial market in North China.
In order to destroy the financial markets of North China to the greatest extent, he chose to cooperate with the merchants of the empire. Version Shinichi is one of the many merchants chosen by Ishida Oshima.
"This is mainly due to the people of Zhina, even I didn't expect that the dozens of agents I recruited in Zhina were even crazier than the merchants of the Empire.
The first three million yen were spent in just three days, and the merchants had hoarded at least a few million silver dollars in their hands.
The stupid Shina people are still waiting to get rich with the Empire, but they don't know that they are sucking the blood of the China government. ”
"You have done a very good job, and you will continue to develop more merchants to join the ranks of smuggling silver.
Once the U.S. government officially passes the "Silver Act", the merchants who have tasted the sweetness will definitely be even more crazy, and will definitely bring more Chinese people to participate in this silver trade, which is what the imperial government wants to see the most. ”
Ishida Daito said and excited, in just five days, Sakamoto Shinichi purchased five million yen worth of silver, and this batch of silver alone can earn nearly two million yen.
It's almost like grabbing money, because they don't have to do anything but sell the silver to the U.S. government.
Of course, these are not the most important, and the success of the version of Shinichi proves that there is a large amount of silver in the Chinese folk.
In the face of the acquisition of the imperial merchants at a price 20% higher than the market price, neither the common people nor the merchants of the Republic of China could resist this temptation, and sold and hoarded silver on a large scale, and then sold it to the merchants of the empire.
However, the Imperial merchants sold to the U.S. government at a price 60 percent higher than the market price, and this windfall profit made the Japanese businessmen led by Ichishida Oshima go crazy.
It was not that the Chinese merchants were unaware of the international price difference in silver, but the Nanking government had sensed the impact that the Japanese conspiracy and the Silver Act might have on the government.
Not only were heavy taxes and balancing taxes levied on the export of silver throughout the country, but even profiteers who illegally resold silver were directly arrested, which led to the concentration of large quantities of silver in North China and Hong Kong.
Of course, Ishida Oshima is more concerned that the massive flow of silver abroad will also be fatal to the government of the Republic of China, and if the government of the Republic of China cannot quickly solve this crisis, then the financial market of the entire Republic of China will collapse.
At that time, the Great Japanese Empire will be able to take advantage of the opportunity to control the financial markets of the Republic of China, and if this plan can be successfully realized, then the achievement of Ishida Oshima will be no less than the occupation of the three eastern provinces by the military headquarters. And not only does it not have to send a single soldier, but it will not arouse the hostility of the international community.
In fact, because of Japan's monopoly on Northeast China and North China, it has aroused the hostility of many powers such as Britain and the United States, but the Japanese government has chosen to follow Britain in other circumstances, except for showing a relatively tough attitude on the China issue.
Therefore, Britain does not want to lose the little brother of Japan because of China, especially since this little brother has become strong now, and now even if the British Empire wants to deal with him, it cannot be solved by a few simple words.
Of course, the Japanese government also hates Britain, the United States and other countries pointing fingers at their interests in China, but there is no way, the current Britain still maintains the position of the world's largest power on the surface, and really wants to confront Britain.
The Japanese government still lacked sufficient confidence, and even the military department, which acted arrogantly and did whatever it wanted, had to bow their arrogant heads in the face of the powerful British Royal Navy.
"Hi, Ishida-kun, I'm about to apply to the government for protection for more Shina merchants, who don't understand the international market at all, they just know that they can make money by selling silver to us, and if the funds are sufficient, I will be able to buy at least tens of millions of yen of silver."
The version said ambitiously.
"Very good, I will report to the Beiping Consulate immediately, and you can act immediately, the Consulate will greet the Beiping government."
Ishida confidently said to the version, the current chairman of Hebei Province, Song Zheyuan, is too late to hide from the empire, and he will definitely not provoke the empire at this time.
Moreover, what kind of impact the "Silver Act" will have on China, non-professional financiers will not know at all, let alone a pure martial artist like Song Zheyuan.
Ishida Oshima believed that if he told Song Zheyuan the news, not only would he not oppose the silver crossing, but would join the reselling of silver.
In fact, Ishida's idea is not unreasonable, and before the passage of the Silver Act, no one would have expected that the consequences would be so serious. Everyone, especially the merchants of the Republic of China, thought that this was a good time to make money, because silver was more valuable, which meant that they could buy more goods with silver dollars in their hands.
Who would have thought that behind this seemingly delicious meal, there are full of traps, and the ill-gotten gains made by those businessmen are all paid for by the government and the common people.