By mid-to-late September, the money market remained largely stable, with the gold-silver exchange ratio stabilizing at 1:79. Pen "Fun" Pavilion www.biquge.info

The Kaiser regretted that he had not been involved in the purchase of Xia Empire's banknotes, so he convened a cabinet meeting to discuss how Germany should respond to the current international financial situation. The Minister of Finance is a professional, and he feels that the price of silver is too low now, and it is impossible to maintain it at this price all the time, this price should be artificially created to block the currency of the Xia Empire, since he missed the opportunity to buy the paper money of the Xia Empire, he should take the opportunity to buy silver, and he can't miss the second chance. The telegram sent back by the German ambassador to Shangjing showed that a large amount of gold was flowing out of the Xia Empire every day, but it did not cause panic among the high-ranking officials of the Xia Empire, and it seemed that they were fully prepared, and the loser of this currency war should be on the side of Europe and the United States. Based on the above information, the Kaiser thought to himself that at this price, even if there was a risk, it was not a great risk, so he ordered to use the treasury funds to buy silver with all his might, and at the same time issued a proposal to the commercial banks of the empire to buy silver.

With the Germans on board, there was increasing pressure to maintain the current price of silver.

Zhang Wei, Gao Jinyuan and others are also calculating the amount of gold exchanged, and they feel that the decisive moment is coming.

Sure enough, starting from September 26, the amount of gold exchanged in the business hall increased sharply, reaching more than 300 tons per day, so Zhang Wei ordered Gao Jinyuan to send an order to Sun Zhengquan, the vice governor in London, to buy silver with all his strength and buy all the funds into silver.

From September 27, the price of silver began to rise slowly, and the Chancellor of the Exchequer could not control the outflow of silver, no matter what he could do.

On the 28th, silver appreciated to an exchange ratio of 1:73; On the 29th, it appreciated to an exchange ratio of 1:70, and at this time, all the funds in Gao Zhengquan's hands had been used up.

At this time, Nathan was very panicked in his heart, he was on the verge of collapse, and now he still had 500 million yuan of paper money left in his hand, and there was not much cash in the hands of the British Chancellor, if he could not defeat the Xia Empire, then the entire European and American participating countries would suffer heavy losses, so he gritted his teeth and decided to exchange all the remaining 500 million yuan into gold on September 30, if the Xia Empire could still come up with so much gold, then he would be a complete failure, and a fiasco.

On the evening of the 29th, Zhang Wei thought about the report sent by the sales department in the study until late before resting, anyway, he felt that it was now a victory, which made his nerves that had been tired for 1 month relax, and he slept beautifully, so that he did not get up in time to go to the central bank on the morning of the 30th.

On the morning of the 30th, because Nathan arranged to exchange 500 million yuan of gold, there was no gold in the treasury when the 300 million yuan was exchanged, and the bank staff had to let them wait for a while, and they needed to continue the exchange in the afternoon.

When Nathan's personnel reported the situation they encountered, Nathan's heart found a little comfort, the gold of the Xia Empire was finally exhausted, although it was a failure, but it finally had a decent ending, even if it was liquidated in the future, the responsibility was not entirely on himself, it was because of the insufficient amount of silver in preparation for the failure, as for the huge loss, it can only be blamed on the British Minister of Finance for suppressing the price of silver too fiercely.

On the afternoon of the 30th, after Zhang Wei arrived at the bank, he immediately released the gold from the system and exchanged it in full to Nathan's personnel.

At this point, the decisive battle in the territory of the Xia Empire in the entire currency war has been completed, the Xia Empire has won completely, and Nathan has suffered a crushing defeat.

When Nathan got the telegram, he sat on the chair, feeling that the world was spinning, the end of the world had arrived, and the Xia Empire had paid 500 million yuan in gold in full, Nathan was completely desperate, without any hesitation, took out the Browning M1906 pocket semi-automatic pistol that had been prepared long ago from the drawer, opened the safe, and shot himself in the temple without hesitation.

The gunfire alarmed everyone at the Governor's Palace in the Straits Settlements, and when they entered Nathan's makeshift office, they were shocked by what they saw, but then they understood what was going on.

Sir Anderson stepped forward to pick up the telegram on the table, and immediately put it in his pocket after reading it, and calmly left Nathan's makeshift study.

When he returned to his office, he immediately drafted the telegram, reported the situation to the Ministry of Foreign Affairs, and put Daniel in charge of supervising the telegram, and did not allow any of the contents of the telegram to be leaked; At the same time, the guards were ordered to seal off the Governor's Palace, and no one was allowed to enter or leave, and the telegraph machines were to be managed in a unified manner, and all telegrams sent must be approved by the Governor before they could be sent, and the telegrams received were to be seen by the Governor first.

At 7 o'clock in the morning, Sir Edward Grey, the British Foreign Secretary, received a telegram from the Governor of the Straits Settlements, and after reading the contents, without any hesitation, went to visit the Prime Minister overnight.

After reading the telegram, the Minister of Finance immediately sat down on the ground and muttered: "Defeated, defeated, all finished!" It took about a quarter of an hour for the Chancellor of the Exchequer to wake up from his shock.

The Prime Minister asked: "How much silver do you have in your hands now?" ”

The Minister of Finance replied after a moment's thought: "It's worth £80 million." ”

"How much money does the treasury have at its disposal?"

"About 120 million pounds!"

"Well, buy silver with all your might, and if you can reduce your losses, you have to reduce your losses a little, but this matter will be kept secret for the time being!"

"Yes, Your Excellency, Prime Minister!"

After the London trading market opened in the morning, Britain began to buy silver frantically, sweeping away the silver in the market, and in less than 1 hour, the exchange price of silver rose to 1:62.

Vice President Sun Zhengquan immediately sent a telegram to Zhang Wei about the situation here, Zhang Wei received the telegram when it was already more than 6 o'clock in the afternoon, Zhang Wei immediately sent someone to find Gao Jinyuan and others, after everyone read the telegram, they felt that there was a country buying silver in large sums of money, and this country was likely to be Britain, because no other country would use such a large amount of money to buy silver in such a short period of time, it is likely that they had already received the news of the failure to block the currency of the Xia Empire, and the purchase of silver in advance was also to make up for the loss.

Gao Jinyuan suggested: "Your Majesty, the British must be prevented from continuing to buy silver, and their wishful thinking must not be allowed to succeed." ”

"So what should be done?"

"That's announcing the appreciation of silver, I think it's going to appreciate to 1:36 first! Returning to the pre-war level, they bought at this price without profit. ”

Zhang Wei asked suspiciously: "Didn't you say last time that you want to slowly appreciate the value with white eyes, and we have to take the opportunity to buy some more silver?" ”

Gao Jinyuan explained: "Your Majesty, this is a moment, and now I just don't want the British to take advantage of it. ”

Zhang Wei thought to himself, even because of the British launched a blockade of the Xia Empire's currency, how could he benefit now? So he said, "Well, you can deal with it, and in the name of the Reich's Central Bank, announce the appreciation of silver, and interrupt the dreams of the British." ”

Gao Jinyuan and the others immediately replied: "Yes, Your Majesty!" ”

At 7 o'clock in the evening of Xia Imperial time, 11 o'clock in the morning of London time, the telegraph machines all over the world received a telegram from the Central Bank of the Xia Empire, due to the improper means taken by some countries, the price of silver continued to fall, resulting in heavy losses for many countries and merchants, in order to stabilize the financial order of the market, the Central Bank of the Xia Empire announced that from now on, the gold and silver exchange ratio of the Xia Empire was adjusted to 1:36.

After receiving the telegram of the Xia Empire announcing the appreciation of the price of silver, the British Chancellor of the Exchequer was instantly petrified, and the face on his face instantly aged more than 10 years, he really couldn't stand this blow, the action to block the Xia Empire's issuance of paper money had failed, and the British Prime Minister was secretly in secret, ready to use the treasury funds to buy silver, and planned to make up for the loss, but the Xia Empire was not even willing to leave this opportunity to Britain, he was completely desperate, and soon a crisp gunshot sounded, The British Chancellor of the Exchequer shot himself in his office.

At the same time, other countries and large merchants in the world also knew the news that the Xia Empire announced the appreciation of silver to 1:36, and all the merchants who immediately got the news stopped trading, which caused the exchange to be disrupted, and the management of the exchange had no choice but to temporarily close the exchange.

And the United States, France, Russia and other countries also guessed that it must be the failure of the Xia Empire's action to block the issuance of paper money.

Subsequently, the news of the suicide of the British Chancellor of the Exchequer came out, and all countries were not calm, and immediately contacted Nathan in Singapore, but it was not continuous, and it is estimated that something happened there.

When the British Prime Minister learned of the Chancellor's suicide, he could only sigh. However, the work that needs to be done still has to be done, and a cabinet meeting was immediately convened, and people were sent to inform the United States, France, Russia and other countries that the actions of their Xia empire had failed.

At the cabinet meeting, the prime minister first announced that the operation to block the Xia empire's issuance of banknotes had failed, and Nathan Rothschild had committed suicide in Singapore; The advantage is that all the silver that has been brought with it has been exchanged for gold; The Xia Empire's gold reserves were very large, and this currency war did not shake the financial policy of the Xia Empire; Then there is the London market in order to suppress the price of silver, causing heavy losses to the participating countries; Now that the Xia Empire has announced that it will raise the price of silver to a 1:36 exchange ratio, and it is an unlimited number of acquisitions, the Empire has no way to deal with the Xia Empire. The Minister of Foreign Trade, David Lloyd George, was then appointed Chancellor of the Exchequer to preside over the next communication with the countries and come up with solutions. (To be continued.) )

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