What is quietly circulating in the market is that "there are only 3 million oceans in the provincial bank now, and this 3 million oceans are still the reserve funds for the original issuance of Jin banknotes, and this money cannot be used at all." In a word, in the provincial bank, there is no money to redeem the Jin banknotes now. ”

Just when the citizens of Taiyuan were still guessing in fear whether this gossip was accurate, a news that made them even more shocking quietly spread, that is, "Shang Zhen, the provincial chairman, regardless of the reality of the depreciation of the Jin banknotes, still drank to quench his thirst and continued to print a large number of Jin banknotes" On the day when the news began to circulate, the Jin banknotes fell below the 10:1 comparison with the ocean.

It turned out that after Shang Zhen was officially appointed as the chairman of Shanxi Provincial Political Axe, Shang Zhen, who had been holding his breath for a year, was very excited, determined to show his strength in Shanxi and do a good job, and even he fantasized about being able to copy Yan Xishan's model and be another king of Shanxi.

Of course, he will not forget to completely uproot Yan Xishan's influence in Shanxi, otherwise he, the chairman of Shanxi Province, will still be an empty shelf.

However, whether he wants to sort out Shanxi's economy and clean up the mess; still wants to reorganize the 32nd Army that he used to call and pull up a force that can be used as the foundation for his rule in Shanxi; Or rebuild the "Beiping Military and Political School", which is similar to what he did in Beiping in the past, to cultivate military and political talents loyal to him, and consolidate his position in Shanxi. All of this requires money.

And what he lacks most now is money, in the Provincial Department of Finance, there is only more than 50,000 cash now, which is still a depreciation of Jin money.

But without money, everything is a pipe dream. If you don't have money, let alone recruiting talents and forming your own team, it is difficult to gather your own old troops in the Jin Sui Army, let alone win over other generals in the Jin Sui Army. Now the police chief Kong Wei will not buy his account and turn to Song Zhewu, the reason for this, Shang Zhen thinks that it is because he has no money, and Song Zhewu has a lot of silver dollars.

Even, Shang Zhen also thinks that Song Zhewu has not handed over the provincial bank, a cornucopia of money, to him, because he Shang Zhen robbed him of Song Zhewu's position, Song Zhewu wanted to squeeze him away and dismantle his platform, so he insisted on holding the provincial bank.

Although Shang Zhen was angry with Song Zhewu, but before the new appointment of the central political axe came down, he still felt a little lacking in confidence, and he endured his anger and did not attack, but now it is different, with the official appointment of Nanjing and Zhang Xueliang's recognition, he couldn't bear it anymore, and immediately asked Song Zhewu for his provincial bank.

Originally, Shang Zhen thought that it would take some troubles, and Song Zhewu would try his best to delay under various excuses. But what he didn't expect was that Song Zhewu's "big housekeeper" Xiao Guodong happily agreed to his request.

After Shang Zhen got the provincial bank, as soon as Xiao Guodong and the witnesses left, he couldn't wait to order Xu Yiqing to open the vault and withdraw the money.

As soon as he heard that Shang Zhen was going to withdraw money from the provincial bank, Xu Yiqing was very embarrassed and couldn't speak.

Shang Zhen thought that Xu Yiqing was unwilling to give him money, so he couldn't help but be angry in his heart, and said with a cold face: "President Xu, now the chairman of Shanxi Province is me Shang Qiyu, not anyone else, this Shanxi Provincial Bank seems to be under the jurisdiction of Shanxi Provincial Political Axe, right?" ”

Xu Yiqing knew that Shang Zhen had misunderstood, so he hurriedly explained carefully, although Xu Yiqing's explanation was intermittent, but Shang Zhen still understood, in his opinion, the Shanxi Provincial Bank, which was a cornucopia, was actually a golden jade outward, and there was only 3 million reserves and a small amount of Jin money left in the treasury.

At this time, Shang Zhen also began to understand the reason why Song Zhewu handed over the Shanxi Provincial Bank to him so quickly, this was because Song Zhewu handed over the hedgehog of the Shanxi Provincial Bank to his Shang Zhen, and what annoyed Shang Zhen the most was that this "hedgehog" actually took the initiative to come over.

Since the Shanxi Provincial Bank has handed over his provincial political axe, the burden of dealing with the depreciation of the Jin banknote naturally falls on his head Shang Zhen, but this provincial bank, which has been defeated by Yan Xishan, can't help him at all now.

But he, the chairman of the provincial political axe, can't have no money in his hands! Seeing that he is going to pay salaries to the provincial political axe staff in the next few days, where will he find this money? Looking for Nanjing political axe? Shang Zhen knew that Chiang Kai-shek would never pay a penny to Shanxi. Looking for Zhang Xueliang? It is even more impossible for Zhang Xueliang to pay for him, you must know that Zhang Xueliang's purpose in bringing troops into the customs is not to be a philanthropist.

Shang Zhen, who was a little dizzy with anger, said to Xu Yiqing arrogantly: "Since the reserve fund of 3 million oceans can't be moved, let's take the Jin banknotes." ”

Xu Yiqing said with a sad face: "There are only 500,000 Jin banknotes left, and according to the current comparison between Jin banknotes and Dayang, this money is useless." ”

Shang Zhen asked a little strangely: "Only 500,000?" Can I reprint it? Aren't the Jin banknotes all printed in the provincial bank? ”

If Shang Zhen has some talent in military affairs, then his talent in civil affairs and finance is very scarce, which is too far worse than Yan Xishan, Shang Zhen is in charge of Shanxi, which is definitely a misfortune for Shanxi. However, Qiu Zengyi doesn't care about Shang Zhen now.

Because Yan Xishan indiscriminately issued Jin money, Shanxi's economy is now insolvent, and it can be said that Shanxi Province has gone bankrupt, and Qiu Zengyi has been a section chief of the Shanxi Provincial Department of Finance for more than ten years.

When the Shanxi Provincial Bank was established, he insisted that the reserves of the provincial bank must be fully prepared, at least 30 percent or more, and he did so because he was afraid that Yan Xishan would one day issue paper money indiscriminately, and it would be the people of Shanxi who would suffer losses in the end.

But if you want to make full reserves, even if it is 30% of the reserves, this is also contrary to Yan Xishan's purpose of wanting to take the opportunity to make money, Qiu Zengyi is naturally very unpopular with Yan Xishan, and he has been in the position of section chief for more than ten years, and now the reason why he can become the director of the finance department is the result of Xu Yiqing, who knows him very well, and repeatedly recommended it to Yan Xishan.

Of course, in the end, after Yan Xishan compared the issuance of Jin banknotes to "blowing the ocean", Xu Yiqing, Jia Jingde and others, who understood Yan Xishan's thoughts, forcibly began printing and distributing Jin banknotes with a reserve of 3 million.

However, now the Jin banknotes have been printed and sold an astonishing 148 million, and the actual reserves are only a little more than one-fiftieth of the Jin banknotes issued, that is to say, the actual price ratio between the Jin banknotes and the ocean should be 50:1, and once the people completely lose confidence in the Jin banknotes, then even this little bit of value will be gone, and the Jin banknotes are simply waste paper.

If you want to restore the value of the Jin banknotes, the only way is to let the people exchange them at will, so as to restore the confidence of the people. However, with the panic psychology of the people now, as soon as the exchange is opened now, it will not be able to cope with it without 50 or 60 million. If you want to raise such a large sum of money, unless you sell all the assets of Shanxi Provincial Political Axe, and it depends on whether someone is willing to buy it.

And Shang Zhen even had to print Jin banknotes at this time, which made Qiu Zengyi cry and laugh.

On the second day after the Fourth Route Army occupied Taiyuan, Xu Yiqing secretly gave him 20,000 oceans, saying that it was Yan Xishan's meaning. Although he didn't want this money, he thought that the situation was unknown now, and with this money, he would have a way out, so he accepted it.

However, Jia Jiying also approached him yesterday and said that Song Zhewu valued his talent very much and hoped that he could do things for the Fourth Route Army, which made him change his mind.

As a pure administrative official, Qiu Zengyi doesn't care who governs Shanxi, all he cares about is who can govern Shanxi better. For what Song Zhewu has always done, Qiu Zengyi still admires it very much.

Although Song Zhewu's administrative skills remain to be seen, as the director of finance, he is well aware of the strength of the Northern Investment and Development Bank, in which Song Zhewu is said to have a stake.

Jia Jiying, the Northern Investment and Development Bank presided over by a financial expert, regardless of the danger of the imminent depreciation of the Jin banknotes, and when almost all the bank accounts refused to exchange the Jin banknotes, he even insisted on exchanging the Jin banknotes for half a day under the pretext that he could not bear the high-sounding rhetoric that the people's savings had been reduced for many years. If the value of the Jin banknote is not restored, Jia Jiying's loss will be great.

With his years of financial experience and sensitive intuition, he could feel that there must be a reason for this, and he could even be sure that Song Zhewu wanted to make a difference in the depreciation of the Jin banknote.

Therefore, he and Jia Jiying tacitly agreed that as long as the value of the Jin banknote was restored, he would accept Song Zhewu's invitation.

However, when he heard that Shang Zhen was going to print Jin banknotes now, Qiu Zeng made up his mind that he would resign from Shang Zhen tomorrow and never wade into this troubled water with Shang Zhen again.

However, for the sake of Xu Yiqing who has always appreciated him, Qiu Zengyi was unwilling to see Xu Yiqing difficult, frowning and explaining to Shang Zhen the reason why he could not continue to print Jin banknotes, and warned Shang Zhen that printing Jin banknotes would make the people of Shanxi completely lose confidence in Shanxi Province's political axe.

Shang Zhen, who was still full of ambition when he came in, was already a little angry at this time after being poured a basin of cold water on his head by Xu Yiqing, he knew very well that Xu Yiqing, Qiu Zengyi and others would not really come together with him, so he thought that these two people were watching his jokes.

Shang Zhentie ordered Xu Yiqing with a blushing face that he must print two million jin banknotes, otherwise neither the banknote printing workers nor he Xu Yiqing would be allowed to leave the provincial bank.

When the citizens of Taiyuan had not yet had no money to exchange from the provincial bank, and were still recovering from the shock of printing Jin banknotes and the sharp depreciation of Jin banknotes, there was another news that shocked them even more.

Shang Zhen used the printed Jin banknotes to pay salaries to the staff of the provincial political axe, and after being collectively rejected by the staff, he secretly instructed people to secretly take the Northern Investment and Development Bank to exchange for the ocean, so that the Northern Investment and Development Bank, which had a limited amount of exchange, stopped the exchange of the day in advance, making many people who had been waiting in line for a long time wait for half a day in vain.

(To be continued)