In the turbulent times of the Republic of China, if you want to be the king and hegemon, you need a pistol in one hand, a money bag in the other, and both hands must be hard. Of course, GCDs are an exception, and they have lower requirements for money bags.

The guns of the Kuomintang are already a little hard, with 40 divisions plus 12 security headquarters, 6 garrison headquarters, and 3 arms headquarters, a total of nearly 500,000 troops! There is also a "famous general" like the protagonist Luo Yaoguo, so he was already the boss on the ground in China in the 20s, and now no one dares to touch Sun Yat-sen's tiger buttocks.

But the KMT's money bag still seems to be a little deflated, uh, is it? Can have an annual income of 100,000 silver dollars is still deflated? That person Feng Zhang, Luo Wu, and Duan Wan can't get by?

……

Sun Yat-sen, who was sitting in the Qinglu Garden of Baiyun Mountain in Guangzhou, put down the account book in his hand, frowned, and asked with a calm face: "Ziwen, it's been a few months, why can't this fiat currency be implemented?" What does your central bank do? ”

Legal tender? This notorious guy was born ten years earlier than in history and is now the most important moneybag project of the Kuomintang. The purpose is to eliminate all kinds of banknotes circulating in the Chinese market except for foreign exchange, and finally kick out the current ocean to achieve the goal of monopolizing the right to issue banknotes. With the money printing machine of fiat currency, plus the money collection machine of the southern customs area, the Kuomintang regime will probably not be short of money to spend in the future. But now, this fiat currency issuance seems to have encountered a lot of problems.

Song Ziwen stood in front of his brother-in-law like a primary school student, his head was full of sweat, and he was in a hurry, anxious for the difficulties encountered in the issuance of fiat currency. took out a handkerchief and wiped his sweat, Song Ziwen lowered his head and replied: "Prime Minister, in fact, our fiat currency issuance is not so bad, but it has encountered a little resistance in Shanghai. ”

Is it a little resistance? Obviously you can't send it out at all! Shanghai's financial industry has already shouted the slogan "The Kuomintang can get in, but the fiat currency can't." Now the entire Shanghai banking industry has collectively boycotted fiat currency, and even the entire Shanghai industry and commerce have also boycotted fiat currency.

"Humph! These unscrupulous capitalists! They are so hateful, relying on the protection of the concession, openly opposing me! Challenging the authority of the national political axe, they must not be spared! Sun Yat-sen still had a calm face and was furious, and he said: "Kai-shek! Is there anything you can do in the Military Council? ”

Military Council? Do you want to go and grab money with guns? Chiang Kai-shek, who was standing on the side, was stunned by Sun Yat-sen's question, and didn't know how to answer for a while, and only muttered after a while: "Prime Minister, they are all in the concession, and this army can't get in." ”

Sun Yat-sen looked at Chiang Kai-shek and shook his head with some disappointment. "Kai-shek, who told you to send the army? I'm asking you military councils to figure it out! Find out how to know? Use our brains to see how we can get the gods of wealth in Shanghai to support us. Alas, with their support, this fiat currency can succeed, so that our party's country can be solid, and I can go with confidence. Cough, cough, cough......"

"Father, are you alright?" The eldest prince Sun Ke, who was waiting on the side, saw his father coughing and immediately asked nervously.

"I won't be able to die for a while! Hmph, it's all to make these so-called bankers angry, these guys are short-sighted, what else can they do besides issuing banknotes and exchanging money? Speaking of this, Sun Yat-sen shook his head and sighed: "Ziwen, you are going to take a boat to Shanghai to meet them." Kai-shek, let Luo Fuwen be the commander-in-chief of the Jiangsu-Zhejiang garrison, and find out who is their backstage? Hmph, I don't believe that a bunch of bank owners will fight with us, there must be a backstage behind them. ”

"Yes, Prime Minister." Lao Jiang and Song Ziwen immediately responded.

In this way, Luo Yaoguo, who had just been in Tianjin and was about to return to the south, received a new official position and served as the commander-in-chief of the Jiangsu-Zhejiang garrison! It's a big official, but in fact, he is in charge of the police and security regiments in Jiangsu and Zhejiang, and other troops can't control it. The Kuomintang now has six such garrison headquarters, namely Jiangsu, Zhejiang, Fujian, Guangdong, Lianghu, Anhui, Jiangxi, Guangxi, Yunnan, Guizhou, and Sichuan. In wartime, these general headquarters will be upgraded to the theater general headquarters, responsible for commanding the troops in the area under their jurisdiction, but in peacetime they are just a trivial matter of managing the police and security, and by the way, they will check who is opposing the party-state and Premier Sun.

In fact, there were still some such people in the Kuomintang-controlled areas, especially in Shanghai. It seems that this ten-mile field is beyond the reach of the Kuomintang's military strength, and all kinds of factions and forces excluded by the Kuomintang have strongholds and activities here, and the Shanghai Banking Association is also one of them.

Unlike the progressives and left-wing writers, the tycoons of the Shanghai Banking Association were dissatisfied with the reactionary rule of the Kuomintang not because of their literacy but because the economic policy of the Kuomintang seriously hurt their economic interests, which prevented them from printing money.

Money printing is probably the most lucrative business in the world, but it is state-run in most countries, and China in the twenties was one of the few countries in the world that had a private money printing machine, well, maybe the only one. At that time, the most profitable main business of China's financial industry was printing money, followed by money exchange, in short, it revolved around banknotes, silver oceans, silver taels, copper dollars, and so on, while the exchange business was mainly monopolized by foreign capital, and the loan business was a side business.

And now, the smasher is finally here! This person seems to be Sun Yat-sen! His Kuomintang is now going to issue fiat currency, and there is actually nothing about this, you can issue fiat currency, and it is nothing to print it by multiple people. But the problem is that the Kuomintang now wants to read talents, what does it mean to read talents? In the financial industry, I am only allowed to print money, and no one else is allowed to print money! Do you say the Kuomintang is bad?

In this way, the troubles of the major banks will be endless immediately, because the banknotes they printed cannot be circulated, and if the banknotes cannot be circulated, people will naturally not use it as a painting to collect, and they will immediately take it to the bank to cash. Well, banknote cashing means exchanging banknotes for silver dollars. At that time, the banknotes were theoretically able to cash silver dollars, although there were often events that could not be cashed in history, such as the Bank of Communications had such a foreign appearance, in 1916, Yuan Datou because of the lack of funds to be the emperor from the Bank of Communications and the Bank of China, which were controlled by the Beiyang political axe at that time, overdrawn tens of millions of yuan, and then, the emperor did not make it, and the banknote was spent, so it was run. At that time, the Bank of Communications suspended the exchange because it had lost too much, but the Shanghai branch of the Bank of China opened the exchange under the command of Song Hanzhang and Zhang Jiaxuan, and established its credibility through this trend. I wonder how many of those banks can resist the cash-out trend this time?

By around 1925, the Bank of China had issued as many as 100 million yuan in banknotes, and this 100 million yuan banknotes would theoretically receive 100 million yuan in silver dollars, and this money would not pay interest. That's millions of profits a year for the Bank of China! If you want to let the fiat currency rob you of your job now, can the Bank of China agree?

And there is also a banknote exchange business will also be ruined because of legal tender, the so-called banknote exchange is, of course, including banknotes, silver taels, various types of silver dollars, and copper dollars exchange. Hehe, it's troublesome to death! It is a cost for businessmen, and it is a handling fee for bankers, and you can make money once you change it! This kind of trading is risk-free and highly profitable, if the banknotes in the future are unified to form legal tender, and the silver dollar and silver are all withdrawn, then the business of changing banknotes will not have to be played?

In order to keep their golden jobs, it was a conspiracy to resist the Kuomintang rightists by the way, so the financial industry in Shanghai united, elected Song Hanzhang and Li Ming as leaders, and resisted the entry of fiat currency into Shanghai. At that time, Shanghai was like the heart of China's financial industry, and banknotes and silver dollars were blood, and if fiat currency could not enter Shanghai, it was like blood could not enter the heart, so it would not be able to enter all aspects of China's economy.

Of course, the Kuomintang could not tolerate this situation, and even Sun Yat-sen, who was retiring from illness, was furious, so the protagonist Luo Yaoguo had to cooperate with Song Ziwen and Zhang Jingjiang to negotiate with the tycoons of Shanghai's financial industry! This meaning is self-evident.