Chapter 61: Run
"Greed is always good, no matter the cost."
The banker is the most greedy person in the world, this sentence may be true, for the banker, greed is his real surname, it is his instinct, and it can even be said that this is what his profession requires, whether it is the contempt of the people, the ridicule of the press or the scorn of the political circles, for every banker, they must retain their greedy nature.
"Ding!"
Although the sky has not yet dawned, in the living room of Sassoon Park, several Westerners in well-dressed suits and leather shoes are smiling and looking out the window, as if waiting for the moment to be spoken.
"Gentlemen, I think in a few hours, HSBC will be history!"
Jacob Sassoon said with a smile on his face, holding the goblet in his right hand.
"Mr. Sassoon, I have received news that Catherine has received about five million silver dollars in cash from other countries, and I am very worried about this!"
"It's only five million, if it's right, Catherine should have raised money from places like Hong Kong and Singapore, this money is far from meeting her needs, if it was in normal times, maybe it could have put those people at ease, but now ......"
Jacob Sassoon, who was gently pinching his wine glass, had a sneer on his face,
Since half a year ago, he has been planning this matter with the people in the house, and in half a year, although the people in this room have only saved less than 5 million yuan in Huisheng in the name of others, it is enough to set off a run on the storm.
At the very least, when residents deposit their money in the bank, it is necessary to ensure the safety of the money. As soon as the bank can't cash out the money, the news will spread throughout Shanghai, and a large number of customers will flock to Huisheng's door to ask for deposits. This leads to the "run" that banks fear the most.
Even in order to add fuel to today's run, he even revealed through various channels that Huisheng is likely to have a risk of bankruptcy, although it is only to spread gossip, and can not affect the overall situation, but this gossip will exert his influence today, since Charman's death, the Chinese do not trust a bank managed by a woman, once the bank runs today, at the latest tomorrow, there will be a large-scale run in front of Huisheng's door, Catherine raised five million to be emergency, but far from solving the problem.
"I think we can be grateful to Charlman tomorrow, and without him we might not have gotten that great fortune at all! I propose that we toast Mr. Charleman! ”
"For Charleman!"
The crisp sound of wine glasses rang out in the room again.
In their hearts, everyone in this room was very grateful to Charlman who died in the shipwreck, especially the bankers in the house, and they knew very well that if Charman had not died in the shipwreck, perhaps next year they would have faced a banker whose capital was not inferior to theirs, and Charman's speculative vision far exceeded that of everyone in the house.
After the outbreak of the Boer War, most of the people in this room bought British bonds, but in the early days of the Boer War, Charman bought gold and diamond stocks that had plummeted after being occupied or besieged.
It is a pity that when the war broke out, people only saw the support of European countries for the Boers, subconsciously ignored the British determination to occupy South Africa, and missed the opportunity of that outbreak, an investment of one million pounds was enough to get a return of tens of millions of pounds, tens of millions of pounds, nearly a hundred million silver dollars, which was enough to make the whole Shanghai Tang crazy, but it belonged to Charman.
But now that Charman is dead, they have the opportunity to take possession of those stocks, and if Huisheng fails, they can buy Huisheng and his assets at a low price in the name of maintaining the credibility of foreign banks in China, thereby dividing up the astronomical wealth that Charman had bought with bank depositors' deposits.
"I have prepared the news in the newspaper that Huisheng Bank has been run on and cannot pay, and I believe that even if Catherine survives today, she will not survive tomorrow! I'll make sure to let ...... then."
Charlie didn't finish his words, if the others were for profit, then he was not just for profit, but also for Catherine, and even after being rejected, he still thought of the woman.
Jacob Sassoon, who understood what Charlie was thinking, looked at the clock.
"There's still an hour and a half! Time flies so slowly! ”
Catherine, who was sitting in the office, looked up at the wall clock, it was already half past eight, and the expected run had not yet appeared, and she held the teacup in both hands, as if trying to calm herself with the heat of the teacup.
As of today, there are 4.56 million deposits due, and nearly 4 million deposits may be intentionally following suit, Catherine knows that if she can't cope with the shock of nearly 9 million yuan, Huisheng Bank will close tomorrow.
"It's up to today!"
Catherine murmured in her heart that she had been worried, even frightened, and wanted to refuse the cash that the man had taken. But she knew she had no choice but to accept it or go out of business. In the end, she chose to accept it, no longer considering the source of that huge amount of money, nor any other factors, as long as it could save the bank, it was enough.
Since nearly 9 o'clock in the morning, customers have come to the business counter of Huisheng Bank, both those who have deposits and those who have exchanged silver dollar coupons issued by Huisheng, and the number of people who can slowly exchange silver dollars has increased. As the clock approached, there were more and more people, and the silver dollars in the bank box next to the bank clerk were about to be emptied after eight business windows.
While more staff were busy counting and collecting tickets, counting and paying silver dollars, the air seemed to change at this moment.
At this time, several people crowded into the crowd and inserted themselves into the team regardless of the curses and scoldings of others, and one of them took out a deposit slip from his clothes.
"Withdrawal!"
The bank clerk looked up and took the deposit slip, which was a sum of money deposited into the bank half a year ago.
"Do you take it all out or?"
The person withdrawing the money was shouting at this time.
"What nonsense! A million dollars were all taken out, and my car was waiting for it outside! ”
Boom! The people who were shouting that these people had no rules suddenly quieted down, and they looked at these people in surprise, withdrawing one million at a time
"Sir, you wait!"
The clerk looked at the huge deposit slip in his hand, scratched his head, and handed the letter to the manager on duty.
"Look, Mr. Ferry."
Fei Li, who took the deposit slip, carefully checked the seal and handwriting, and then opened the account book and checked it, and the whole process took almost a few minutes, and then he walked and turned to the messenger.
"Sir, please wait. You see so many people, and they can't spare their hands! And you have to count the current ocean, or bother you to come back in the afternoon, you see......"
Before the words fell, the person withdrawing the money shouted loudly.
"What's the matter, you Huisheng Bank can't withdraw so much silver, I'll just say that, say that you Huisheng took our silver to speculate and buy, but don't lose everything, I don't ask so much, now I want silver, no cash, even foreign bills are also successful, as long as it is not the waste paper of your bank!"
As soon as the man shouted, the crowd suddenly seemed to be boiling a pot, squeezing and shouting.
"What? Huisheng Bank is out of business? ”
"Isn't it? You listened to the newspaper that the original Charman sank into the sea, maybe the things that the grandson bought also sank into the sea, how can Huisheng still have silver now. ”
"I've said this paper ticket a long time ago, it's not safe, it's ...... Now, it's time to go, right? ”
"It's a nice thing to say, if you don't let him, you have to exchange it for cash. I have to go back and talk to my relatives and friends, my cousin still has money here and there, so let's leave as soon as possible. ”
"Withdraw money? Mention, you didn't listen to that person? The cash in the silver box has been redeemed. ”
"Don't mention it? Said his words. I'm not ambiguous, if he wants to exchange the three hundred cash for me? I smashed the sign of his Huisheng. ”
"Yes, yes, if you don't give it, you will smash the brand."
……
The more people gathered, the more they talked, and the more they cried.
Fei Li stood behind the cabinet and shouted loudly.
"Everyone, be quiet, be quiet. Now there is a lot of silver in the vault of Huisheng Bank, and when I come back in a while, I will definitely be able to exchange it for everyone. Besides, the ticket is the same as the current one, and our bank ......"
Before he could finish his sentence, someone in the crowd immediately screamed.
"Since it's the same flower, why do they all come to withdraw foreign money? Still want to use this paper ticket to fool people? Isn't it? ”
The people around him immediately chimed in.
"That's it, I don't care, quickly exchange this silver coupon for silver!"
The people who had just exchanged the exchange notes once again crowded to the counter and shouted loudly, and the people in the bank gathered more and more, and even outside the bank gate, some people spoke loudly or quietly.
"Huisheng Bank is going to collapse, go and withdraw the deposit......"
Among these people, there are real customers, there are fake customers, and more people are the smoke released by Sassoon and others, but in an hour's effort, almost half of Shanghai knows that the bank of Huisheng Bank is empty, the current bank is gone, the bank is about to fail, and by the afternoon, there are more and more people who come to the bank to run. Huge crowds of customers flock to the front of the bank, eagerly demanding to withdraw their deposits. Anxious, yelling, crying, messing around.
"Chairman, there are less than four million left in the bank treasury! Even if it survives today, but what about tomorrow? Tomorrow's tide will only be greater, and there will only be more people who will come to withdraw money and exchange silver, and if it spreads to branches in Wuchang and other places, I am afraid that it will ......"
Fei Li was sweating on his forehead when he made a report, and in less than a day, he took out more than 1 million yuan in cash and hundreds of thousands of dollars in cash, which was the first time in the entire Shanghai Beach. As a close confidant of Charman, he knows exactly where the bank's money went, and he also knows the black hand behind the run.
"Chairman, if we go to them now...... Perhaps, it's still in a hurry! ”
Catherine glanced out the window and looked at the long line of withdrawals on the street, and her heart was also cold.
It had been a week to convert those dollars into silver dollars, but this run was far more powerful than she had imagined, and those people really wanted to kill the exchange rate.
"Ferry, we have another way!"
As she spoke, she took out a piece of paper from the drawer, which was a week ago, when Chen Moran handed her $2.3 million in cash and handed her a clever idea.