Chapter 71: Financial Disaster (continued)

Fang Jianxiong was in Yamato Mud, Nanling County, and his voice was loud when he held the gun in his hand. On the one hand, the gentry are not allowed to take revenge on the troublemakers, and on the other hand, there are notices, and there are no forgiveness for gathering people to make trouble!

The vast majority of these two patrol battalions were new recruits, who had never seen a battle or smelled blood. Fang Jianxiong was worried that if these people went to the battlefield in the future, he was afraid that a cannon would be able to scare his legs. When you see blood, you may have diarrhea!

On the fifth day of Fang Heizhai's arrival in Nanling, after some inner struggle, he decided that he still wanted to see some blood. So he asked people to try out the scene outside the city, and Zhang Bang counted the crimes of 20 ruffians and hooligans, and announced that they would be executed in the court outside the city.

The soldiers who carry out the execution are all decided by lot, and whoever draws the lot will be the one who is angry with the financial disaster (continued). If you want to say that most of these soldiers are children of peasant families, they can kill chickens and pigs, but they haven't done murder yet.

Each prisoner was enforced by three soldiers, two in a clamp, and one in charge of shooting.

On this day, in the three miles outside Nanling County, the court was crowded with people, all of whom came to see the shooting. Ordinary people think that it is better to shoot than to cut off the head, and to leave a whole corpse. It shows that this Lord Fang is still relatively benevolent. As for these ruffians who took advantage of the fire to rob, they did a lot of immoral things, and no one in this county sympathized with them except their families.

At noon, the sun is at its peak during the day. Twenty condemned prisoners stuffed walnuts in their mouths and dragged them to the court and knelt down. Behind each prisoner stood three soldiers, one executor, two overseers, and if they were not killed, they had to be replaced.

The other soldiers were all present and stood a dozen paces away to maintain order, and by the way, there was also some blood.

At three o'clock in the afternoon, the time came. Fang Jianxiong, dressed in military uniform, stood on a high platform and announced the crimes of these people in front of thousands of onlookers. After the reading is completed, the order is given to carry out the execution!

Bang bang bang! Gunshots rang out continuously, and there was actually a prisoner who knelt down without falling. It turned out to be a joke, and the soldier who carried out Chapter 71 Financial Disaster (continued) was timid, and when he closed his eyes and opened fire, Nima didn't hit three paces away, but it scared the prisoner to pee.

After firing two shots, the executor smelled the blood and first weakened his legs, and sat directly on the ground. Later, there were still two alternate guys who came out according to the previous lottery order, went up and fired two shots, and then it was over.

After the execution, let the family clean up. The benevolent Fang Jianxiong actually provided a thin-skinned coffin for free!

This time, the scene of the shooting was shocking enough, and twenty people fell in a pool of blood, which became a topic of conversation for a long time. When the merchants and gentry of Nanling saw this formation, Lord Fang, who was smiling, was actually able to kill. A little dissatisfaction in my heart was pressed. No one dared to go to Fang Jianxiong anymore to chirp crookedly.

There were more than 1,000 soldiers in the two patrol battalions, although there were only a few dozen people who really carried out the execution, but everyone saw human blood.

In fact, it was Fang Jianxiong who was hit the most, but this black otaku has good acting skills. Hold it in front of everyone! Back at his residence in the county seat, Fang Jianxiong hugged an old tree and vomited. Qi Erzhu, the pro-soldier who was engaged in it, looked at the adult very puzzled, and said in his heart that the adult had never seen blood.

An action to suppress the masses of the people, for Fang Jianxiong, suddenly realized the crisis of Yan zhòng. No matter how well equipped this soldier is, no matter how well he is trained. If you haven't seen blood, you can't do it, and this situation must change.

That night, Fang Jianxiong dictated, Li Muyan wrote, wrote a report and sent it to Zhu Jiabao.

The report, entitled "On the Results of the Handling of the Civil Unrest in Nanling County," first briefly described the handling process, and secondly, focused on expressing concerns about the patrol battalions in various counties. And take the Nanling County Patrol Battalion as an example. The roster of more than 300 people is full, but in fact there are only a few people in their early 100s, and most of them are still old, weak, sick and disabled. That's it, there is not a single fast gun, and the training is a mess. Now that there is trouble everywhere, the patrol battalions in all counties must be unified and rectified, otherwise once something happens, it will not be enough to strangle the civil unrest in the cradle in the first place. Finally, it is concluded that two patrol battalions per county are the best configuration.

This report was sent to Anqing and immediately attracted Zhu Jiabao's attention. Soon replied to Fang Jianxiong and gave him full responsibility for rectifying the patrol battalions of Xuancheng, Nanling, Fanchang, Dangtu, Wuwei, and the five counties around Wuhu. As for whether there is one or two patrol battalions in each county, it depends on the actual bearing capacity of each county. Money is required to raise troops, and the funds for the patrol battalions are all raised by the counties and localities themselves.

Fang Jianxiong has money now, but he lacks a clear eye to expand the team. Now that Zhu Jiabao gave the name over, he naturally took it unceremoniously. Leave a patrol battalion behind, and eliminate the old and weak soldiers of the original patrol battalion, and re-recruit them to full strength. It is impossible for Fang Jianxiong to do these tasks by himself. Explain to the battalion officers who stayed in Nanling, and teach Duan Feng, who was born in the team, to be responsible.

In the next four months, Fang Jianxiong held Zhu Jiabao's orders and went to several surrounding counties one after another. took over the patrol battalions of these counties first, and the magistrates of various counties were bought off by Li Muyan sent by Fang Jianxiong, so he naturally had to toss it. With the trainees of the teaching team as the team, and the local parent officials have no voice, they can naturally control the patrol battalions in various places unscrupulously. In the five surrounding counties, Fang Jianxiong all adopted the configuration of two patrol battalions, and part of the required funds was used by the local government for salaries, and the rest was paid by Fang Jianxiong himself. As a result, Fang Jianxiong naturally grabbed fourteen patrol battalions in his hands.

Of the four patrol battalions in Wuhu, Fang Jianxiong was organized into a horse battalion, an artillery battalion, and a baggage battalion. It is used for the training of personnel of all branches of the armed forces. The patrol battalions in other counties are all infantry battalions. When Fang Jianxiong reported to Zhu Jiabao, the artillery battalion and the baggage battalion were indispensable for the training team students.

Although Zhu Jiabao felt that Fang Jianxiong was a little ambitious, but when he thought about it, he was not even willing to be the commander of the New Army, and his teacher Sun Baoqi did not go, so it can be seen that his mind was all on the little belongings in Wuhu. Therefore, some things are just turned a blind eye.

In the middle of 1910, the London rubber stock began to plummet, and the rubber stock of the Shanghai Stock Exchange collapsed. On July 15th and 16th, Zhengyuan, Qianyu, and Zhaokang closed down one after another. The reason is that the indiscriminate issuance of bank bills and the speculation of rubber stocks have caused millions of taels of funds to be trapped and the turnover is not effective, and the door is just closed.

The Shanghai government reacted fairly quickly, and on the day of Zhengyuan's collapse, it reacted. The relevant money bank personnel and account books were detained, and Cai Naihuang of Shanghai Daotai urgently negotiated with the Chamber of Commerce to try to save the city. On the 18th, Cai Naihuang and Zhou Jinzhen, president of the Chamber of Commerce (Prime Minister), went to Jiangning to ask for a meeting with Zhang Renjun, the governor of Liangjiang, to report and ask for instructions, and then asked for instructions from Cheng Dequan, the governor of Jiangsu.

Nair didn't wait for the two to return to Shanghai, and the credibility of the money bank, which had been hyped up in the rubber craze, had completely collapsed. Zhang Renjun asked the capital and the Qing government to give instructions: It was agreed that the government would come forward to guarantee the money bank to borrow money from foreign banks in order to maintain market stability.

On August 4, nine foreign banks, including HSBC, Macquarie, Teckwah and Daosheng, Zhengjin, Amundi CI, Citigroup, Holland and Warby, lent 3.5 million taels of silver to Shanghai. Interestingly, foreign banks did not take the opportunity to raise the interest rate for such a large loan, but a low-interest bailout method, with an annual interest rate of only four percent. Only a clause was added to the clause: the loan is guaranteed by the current and future Daotai. This article is to prevent people from dying and dying!

The first wave of the crisis caused by the stock market crash was barely coped with because the government dealt with it in a timely manner. The next step is to arrest people, Zhengyuan's shareholder Chen Yiqing is a comprador of American businessmen, protected by the US government, and the US side refuses to be arrested and tried by the Chinese government. Tang Shoujiang of Zhaokang Qianzhuang donated a top of the Sanpin Daotai, and Zhang Renjun had no choice but to ask the imperial court to remove him first, and then arrest people. Unexpectedly, the imperial court was dismissed, and Mr. Tang joined the Portuguese nationality again. Fortunately, some people under Zhang Renjun understand the law, and the Portuguese civil law does not allow officials from other countries to be naturalized, so they are correct.

As soon as the market stabilized, there was a second wave of impact. Something happened to Yuanfengrun, the most powerful money bank in Shanghai. This money bank not only has a large amount of state-owned funds, but even the customs silver number Yuantong, which stores customs revenue, is also an asset in the name of Yan Yibin, the boss of Yuanfengrun!

It can be seen how good this product is!

But in a financial disaster, Mr. Yan's other money bank, Deyuan, suffered heavy losses, so he had to dig up money to save Deyuan. In fact, at this time, Yuan Fengrun had only one skin left, and someone was about to tear off this gorgeous skin.

A breeze blew from the capital, and Mr. Yan, who had the general appearance of Mount Tai, was blown down.

On September 27, the last date to pay Gengzi's compensation of 1.9 million taels of silver, and when there were still nine days left, the Jingdu branch telegraphed to Shanghai to send the money quickly. Cai Naihuang called back and said that the 2 million taels of silver dedicated to the compensation were in various banks, and he couldn't take them out. Please make an advance for the emergency appropriation from Daqing Bank.

The Du branch was annoyed when it saw this call, and immediately impeached, saying that under the pretext of stabilizing the dìng market, it was "profiting for personal gain", and warned the imperial court: "If there is no silver to deal with this time, outsiders will have branches, and the delay is unimaginable!" ”

What do you mean, on the one hand, Cai Daotai used the public's money to do his own business and put it in his pocket, and on the other hand, he said that there was no silver for foreigners this time, and if there was a trouble, the consequences would not be cleaned up.

When the central court heard that it was going to provoke foreigners, it was anxious first. Immediately ordered, Cai Naihuang was dismissed, Zhang Renjun, Cheng Dequan, you must get the silver together, no matter how you get the silver.

Well, the public funds of 2 million taels were forced to be raised, and as a result, the "behemoth" Yuan Fengrun collapsed with a bang!

This time, the country's financial markets are in turmoil, and this Nima is much worse than the earthquake. The best money bank in the country dares to collapse, what credibility does this money bank have?

The whole country was in chaos, and the Qing government couldn't hold it, so it hurriedly allocated another 1 million taels to Shanghai to save the city, and at the same time stepped up borrowing 2 million taels from HSBC to save Qianzhuang's life.

According to rough statistics, the losses of Chinese businessmen in the stock markets of Shanghai and London were between 40 million and 45 million taels of silver, while the disposable fiscal revenue of the Qing government was only about 100 million taels. The outflow of such a huge amount of money made the Qing government's financial situation even worse. The following year, the Qing government "nationalized" the commercial railways and borrowed money from foreign powers as collateral for the right of way, leading to the outbreak of the road protection movement. The rubber stock boom drained the last bit of vitality of the Qing government, and the roots of the collapse were buried.

(Note: According to the Shanghai Chamber of Commerce, before the outbreak of the rubber stock market crash, about 80% of the Chinese bought it, and foreigners in Shanghai snapped up 20%.) Many Chinese were not satisfied with snapping up in Shanghai and mobilized funds to London. Chinese businessmen have invested about 26 million to 30 million taels in Shanghai and 14 million taels in London. As a result, Shanghai, the largest financial center in the Far East, has run out of capital, and the liquidity in the market, especially in the bank, has been absorbed by rubber stocks. ）

When Shanghai's financial circles were in mourning, an American-funded bank called Merlot opened in the American Concession in Shanghai.

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