"Zhang Xiangri has a lot of opportunities, how can he have time to come to Shanghai?"

In the living room of Yangzi Bank, Zhang Zhidong came secretly. Pen × fun × Pavilion www. ｂｉｑｕｇｅ。 ｉｎｆｏ

Zhang Zhidong smiled bitterly: "You make such a big move in Shanghai, how can I rest assured!" ”

Yang Chao said with a smile: "I didn't provoke this, if you want to blame the British, you can blame the British for their lack of greed, just to teach them a lesson." Tell them that in Shanghai, they will be coiled by dragons and tigers in the future, and don't always think about making trouble. ”

Zhang Zhidong sighed: "It's okay to let them suffer, but the market in Shanghai can't be messed up." The price of gold has fallen too much, Huayang businessmen have not dared to ship recently, the price of silk in Jiangsu and Zhejiang has plummeted, and the warehouses in Hankou are also full of cotton yarn! ”

Although an undervalued currency will promote exports, there is no benefit to a plunge, because everyone suddenly finds that the price of silver is too low, and they will wait and see, for fear of losing money, and business will stop for a while.

"Zhang Xiang, don't worry, within ten days, the British should surrender."

Yang Chao said with a smile, the Sassoon family doesn't want to die, so they can only surrender, and they can't eat the gold of the Americans.

It's just that Sassoon didn't dare to let the Americans in, and Yang Chao actually didn't worry about Morgan's words, who knew what they were pulling on the ship, who knew that Morgan and Rockefeller would not come to stir up the wind and rain, Morgan said that he was here to help Yang Chao, but who dared to guarantee that when they saw that they could swallow Yang Chao alive, they would not fall into the well.

In the final analysis, the strength is still not enough, and Yang Chao can't resist the Sassoon family and Morgan's hand-to-hand tearing, so they don't dare to bet on what will happen after Morgan's cruise ship arrives.

"The British consul has found his own officer, and he has to give them some face. Take it when you see it! ”

Zhang Zhidong sighed, this is the reason why he came to Shanghai in person, because the British consul looked for him.

At this time, Britain could not help but use diplomatic relations.

Yang Chao smiled: "Okay then." 90 taels, not a single point is missing. I think the British would be able to accept the price. ”

Zhang Zhidong frowned: "In this way, haven't you suffered too much." ”

Yang Chao smiled: "Don't suffer." I would also ask for 10% of the shares of HSBC. HSBC itself isn't worth the price, but their network around the world has been very useful to me. ”

Yang Chao is not so easy to talk to. Since HSBC can't afford the price of 80 taels, Yang Chao is willing to reduce the price, but the proviso is that he joins HSBC's network, and Yang Chao wants to become a shareholder of HSBC. Otherwise, why let them go.

Yang Chao's new conditions, HSBC immediately agreed.

20 million taels of gold, 1 tael of gold lost about 10 taels, but it was only 200 million taels of silver, and they still lost it, waiting for the Americans to come. It won't be so easy to talk about, as for HSBC's shares, it's actually worthless, after HSBC this time, it is estimated that it is impossible not to take on a debt of tens of millions of taels, to put it bluntly, those shares are negative, and it is not a bad thing that Yang Chao is willing to take over.

"You're at a loss!"

Two days before the arrival of the Americans, Yang Chao made a delivery with HSBC and repurchased the gold sold at a price of 90 taels.

It's time for Zhang Zhidong to go. Before leaving, he was still sighing, feeling wronged by Yang Chao.

"Haha, Mr. Zhang, do you think I let the British go like this?"

Yang Chao said with a smile.

Zhang Zhidong frowned and said, "What else can you do?" ”

In Zhang Zhidong's view, although HSBC lost money, it did not go bankrupt, and now that both parties have settled, what else can go wrong.

Yang Chao sighed: "The British transferred two billion taels of silver from India and Britain to China, and it is easy to get in and get out safely. It's not that easy. ”

Zhang Zhidong asked, "What do you want to do?" ”

Yang Chao smiled: "It depends on Zhang Xiang." ”

"Me?"

Zhang Zhidong wondered.

Yang Chao said with a smile: "It depends on whether Zhang Xiangxiang wants to teach the British a lesson." ”

Zhang Zhidong thought about it, he really didn't like the British, he had caused so much trouble for himself, and he also wanted to teach the British a lesson.

But how to do it: "What do you want me to do?" ”

Yang Chao smiled: "Actually, you don't have to do anything. HSBC speculated on gold this time. After losing so much money, does the customs court feel relieved to put the silver in the HSBC bank? ”

Zhang Zhidong nodded: "You mean to let the imperial court take away the silver." ”

Yang Chao said: "That's right, the imperial court can have an excuse to let the silver after the customs go to Yangzi Bank, I believe that after this time, the British will not dare to say that Yangzi Bank is not strong enough." ”

Zhang Zhidong said: "This is a way, our customs bank is always in the Bank of England." It's really inappropriate. ”

As soon as Zhang Zhidong left, the Americans arrived.

Morgan's yacht, the Corsair, the most well-known yacht in the American banking circle, Morgan is not a modest Rockefeller, his yacht is extremely luxurious, hung with all kinds of art, but the decoration is worth millions of dollars.

But Morgan didn't come, it was just one of his deputies, and Morgan's gold didn't come, it was an empty ship.

"What about a thousand tons of gold?"

Knowing that the yacht was empty, Yang Chao's heart tightened and he couldn't help asking.

"I think I'm in England now!"

The captain shrugged.

Yang Chao laughed.

"Sure enough, it's Morgan, it looks like he wants to play a big one!"

When he came to China's yacht, Yang Chao didn't see Morgan's gold, Morgan's gold went to England, what they wanted to do, Yang Chao was a fool and knew it, he must have gone to make a fortune.

As for what Morgan wants to do, there are many ways, the British have siphoned off a lot of silver from the market, even if they are a gold standard country, they will definitely be affected, Morgan, who has a thousand tons of gold in his hand, has a lot of ways to make a fortune from London.

As for whether he is speculating on the price of gold, or on the pound, or on pushing down the price of gold, or on the pound, as long as there are price fluctuations, he can make money.

The Americans say well, bears (rising) can make money, cattle (downtrend) can make money, but pigs (greed) can't make money.

HSBC played the role of pigs this time, they were too greedy, under the banner of Yang Chao's siphoned off Chinese gold, they could indeed promote the fluctuation of gold prices, they could raise the price of gold while quietly shipping and making a small profit, but they wanted to swallow Yang Chao in one bite, and finally Yang Chao bit it.

However, Morgan's methods still scared Yang Chao.

Morgan began to attack the creditworthiness of the pound.

Rumors began in the British market because of the speculation in Shanghai gold. The Rothschilds suffered heavy losses, the Bank of England was involved, and Britain lost at least three thousand tons of gold.

Obviously, this loss was exaggerated, but it was matched by a sudden run on the pound. It's still very indemgent.

There was a run on the pound in London, which is said to be a bank bill of the Bank of England, each pound corresponds to more than 7 grams of gold, and it can be freely circulated and convertible.

But there are clearly more banknotes than gold. Even if the British have nearly 10,000 tons of gold in circulation, they dare not guarantee that there is enough gold behind every pound banknote, so the run immediately made the Bank of England head big, and the British market panicked.

The British government rushed to issue 30 million pounds of high-interest bonds to siphon paper money from the market.

The bonds, of course, were jointly underwritten by Rothschild and Bahrain banks and sold simultaneously in the French and German markets.

Bonds can be bought in both sterling notes and gold.

The interest on the bond reaches 13%, and it is a short-term bond, which can be paid within three months.

But under the tide of runs. The British's bonds are unsalable, the paper price has fallen again and again, and a bond with a denomination of 100 pounds can be bought for only 70 pounds, without mentioning interest, as long as it is eaten now, the British can pay it with the face amount in three months, and they will make a net profit of more than 30 pounds.

Where would Yang Chao miss this kind of good thing, he immediately communicated with the Germans. Let the Germans help to operate, mobilize 200 tons of gold in Germany, as long as the price of 70 pounds, the British will eat as much short-term bonds as they want.

Apparently Yang Chao is gambling. Bet that the pound will not go bankrupt, will not depreciate, and will restore credit, otherwise the Bank of England will announce that the gold content of the pound will depreciate by half, and no matter how high the interest is, Yang Chao will definitely lose.

Yang Chao believes. Morgan can't bring down the pound, because in this era, Morgan's power is not as strong as that of the Rothschilds.

Although there are conspiracy theories in later generations that Morgan is the spokesperson of the Rothschild family, Yang Chao will not believe this, this is a group of wolves, who is willing to speak for people, when there is blood, he pounces on it with red eyes.

Once the pound depreciates, the Rothschild family, which has a lot of pound assets, will inevitably lose a lot, and they will not accept it, so they will definitely take action to maintain stability, but Morgan will definitely bite off a piece of meat from the British, which is necessary.

However, it is not so easy for the British to maintain stability, Yang Chao indirectly helped the Morgan consortium, because after Zhang Zhidong returned to Beijing, he urgently summoned Hurd, expressed concern about the customs deposit in HSBC, and hoped that the customs would withdraw the silver.

Hurd thought that the liquidation of these customs had not yet been completed, and they could not be handed over to the Qing court until they were repaid.

Since the Qing government had a large amount of foreign debts, all of which were secured by customs tariffs, it was necessary to repay the loan before the settlement every year, and the rest was the Qing government's fiscal revenue, which was called the customs surplus.

Well, Yang Chao had already thought of this, and Zhang Zhidong then expressed his attitude to Hurd, hoping to transfer HSBC's tariff deposits to Yangzi Bank, Commerce Bank, and even Deutsch-Hua Bank.

Hurd had no excuses this time, but he still withstood Zhang Zhidong's pressure and said that HSBC was safe.

But soon the news was released in the newspaper that the Qing government was going to withdraw HSBC's deposits, and HSBC's money was eaten.

Fortunately, HSBC had a large amount of silver during this time, and China's deposits were all silver, and HSBC was not bankrupt, but it had to leave a large amount of silver in the vault, and could not be urgently transferred back to India to save the market.

As a result, the Indian market finally collapsed, and many Indian and British trading houses that participated in the speculation in Shanghai with the Sassoon family went bankrupt, a large number of goods were backlogged in Indian ports, and the prices of Indian cotton and cotton yarn plummeted, and the British textile industry began to go bankrupt and the economic crisis broke out.

Well, the American economic crisis in 1907 swept the world, and the British were also affected, but they did not hurt their bones, but they did not expect that the gold speculation that began in Shanghai this time actually triggered another round of industrial crisis, and it was an economic crisis that broke out from Britain, coupled with the attack on the pound by the Morgan consortium, the financial crisis also broke out, and the double crisis of finance and industry, plus London was not out of the crisis of 1907. (To be continued.) )