85. The Paralysed National Government (I)
As an ancient capital of the Six Dynasties, Nanjing has too many places to see - the solemnity of the Sun Yat-sen Mausoleum, the depth of the Ming Tomb, the prosperity of the Confucius Temple, the lights and shadows of the Qinhuai River, the breadth of the Yangtze River, and the gloriness of the Stone City...... Of course, for Chinese at this time, the most mysterious and rumored place in Nanjing is probably the Nationalist Government established here seven years ago......
In fact, however, the Nationalist Government in Nanjing was not mysterious -- after the "128 Incident," Chiang Kai-shek and Wang Ching-wei once again cooperated to form the well-known "Chiang and Wang co-governance," with Chiang and Wang confronting the opposition on all sides, and finally stabilizing the government temporarily.
However, because he could not touch the military power, Wang Jingwei, the premier, was very dissatisfied with this power structure, believing that he had become a housekeeper and a scapegoat for Chiang Kai-shek......
For example, now because Chiang Kai-shek could not fight, he lost Shanghai, and by the way, all the major banks in the country were lost to the Red Bandits, which caused the Nanjing Nationalist Government to usher in a great crisis of collapse and collapse.
“…… Sir, the current depreciation rate of various banknotes is not the difference between morning and evening market prices, but calculated by the hour! ”
In the office of the president of the Executive Yuan, Huang Qiuyue, secretary to the president, waved several newspapers and shouted at Wang Jingwei in an extremely gaffe manner.
“…… In today's capital, after a rush to buy, everything is empty on the market...... Walking into the large and small shops is like entering a cold temple, although there are pilgrims for sightseeing, but there are no bodhisattvas. This situation has tormented the families who have no food to live in. They ran all over the streets, lined up everywhere, and still took care of their heads. If you can't take care of your feet, you're either worried about rice, or you're worried about vegetables and firewood.
Some rickshaw pullers, who usually eat brown rice, actually buy up expensive French pastries because there is nothing else on the market. Housewives can no longer buy whatever they need from the small vegetable market. Pork has long been extinct, fish, shrimp, chicken, duck, and even vegetables, rice and noodles. They all 'retired' with the pork...... The merchant simply refused to sell the goods in the store in order to rebel.
The city's bank branches are now being run on and collapsed. Civil servants, military and police officers are also terrified. Experts and scholars from all walks of life hope that the government will provide financing. Dollars, bullion, and foreign currency were used to maintain the credibility of banknotes, and a new central bank should be established as soon as possible to collect banknotes......"
“…… Silver dollars, gold bars and foreign currencies? I'm not a magician, where can I become a magician? Wang Jingwei was also angry about this, "...... What did Jiang Zhongzheng think when he was young? Why not move the central treasury to the capital Nanjing. But in Shanghai? That's good. All the brains have fallen into the hands of the red bandits! The government just wants to rectify the currency market, and there is no hard currency in hand! ”
Of course, in the final analysis, Wang Jingwei can basically guess the various selfish schemes behind why Chiang Kai-shek did not place the central treasury in the capital -- first, Shanghai was the financial center of the whole country and the precious metal trading center of the entire East at that time, and Nanjing could not replace its position in a short period of time; Secondly. Chiang Kai-shek's strategy of governing the country has always been "grasping the barrel of a gun with one hand and a bag of money with the other." Both hands should be hard".
Now, since Chairman Chiang is holding a gun in the Nanchang camp, he naturally has to guard against Wang Jingwei from moving his money bag behind, and if the central treasury is moved from Shanghai to Nanjing and placed under Wang Jingwei's nose, it will be difficult to guarantee that there will be any moths -- after all, Wang Jingwei has never been a fuel-efficient lamp...... As a result, the Workers' and Peasants' Red Army was now cheapened, and by the way, the Nationalist Government was pierced through the heart with a knife, and it was half defeated.
-- In modern society, where the commodity economy has replaced the natural economy, money is the most crucial wealth distribution system in a country, and the use of money will directly change the flow of wealth in society, thereby intensifying social contradictions, undermining the government's credibility, and losing the morale of the people. Money is also the blood circulation system of the national economy, and the corruption of money will directly disintegrate the economy, paralyze finances, destroy trade, and subvert the market......
Therefore, the Red Army's elimination of the head offices and vaults of China's major banks this time is equivalent to digging out the heart of the Nationalist Government with one sword! If the national government can continue to operate normally, then it will be incarnated as an important minister who can walk freely after being poked out by the king of Shang!
In fact, in such a short period of time, Wang Jingwei has received countless emergency reports for help from various places, such as the Anhui provincial government, which lamented that "...... The market in Anqing, Wuhu and Hefei has deteriorated sharply, and the wind of panic buying has spread throughout the province. The rice and wheat grain store has long been empty, and the black market for cigarettes is full of prices, and the number of times a day changes. Everyday necessities have become strange goods, riots and brawls have broken out, civil servants have gone on strike, teachers have gone on strike, and the police have become unreliable......"
Similar to this situation, in the early days of the Republic of China, there was a time, when Yuan Shikai was proclaimed emperor, Cai Yi escaped from Beijing and sneaked back to Yunnan to launch a war to protect the country, the Beiyang government's military expenditure was huge, financial resources were poor, in order to collect silver and foreign salaries, so the Bank of China and the Bank of Communications were ordered to stop exchanging paper money...... As a result, it immediately caused panic and chaos in the entire financial market, the loss of banknote credit, and the collapse of commodity circulation, which is known as the "Beijing banknote boom" in history.
At this time, Lu Xun wrote in the center of his notes in the future because he couldn't buy anything with money: "...... I still remember that at that time, I still had 30 or 40 yuan bills (banknotes issued by the Bank of China and the Bank of Communications) in my arms, but suddenly I became a poor man, and I almost went on a hunger strike, and I was very panicked. After the Russian Revolution, the mood of the rich man who hid the paper ruble is probably like this; At most, but deeper and bigger. ”
At that time, the Beiyang government just made a stupid move, and almost turned the banknotes into waste paper; Today's Nationalist Government has been robbed of its coffers by the Red Army, and who dares to hold their banknotes in their hands?
As a result, everyone seemed to be drowning to their necks, throwing out the banknotes of the Bank of China, the Central Bank and the Bank of Communications at all costs, competing for the Cantonese bills of the Bank of Guangdong, the Yunnan Bank of Yunnan, and even the Jin bills issued by Yan Xishan in Shanxi.
You must know that the Jin note of this year is not a reputable banknote, it was originally a local currency issued by Yan Xishan after he took charge of Shanxi, through the control of Shanxi Bank. Before the Central Plains War, the credibility of this Jin ticket was quite good, and one yuan Jin ticket could be exchanged for an ocean. However, with the fiasco of the Jin army in the Central Plains War, Yan Xishan resigned and went into the wilderness, and the credibility of this Jin ticket also plummeted, and the lowest 30 yuan Jin ticket could be exchanged for an ocean. Two years later, Yan Xishan took advantage of the "918 Incident" to make a comeback, reorganized the currency, and introduced a new ticket, stipulating that the old ticket of 20 yuan should be exchanged for a new ticket of one yuan - the standard of the new ticket is that one yuan is equal to an ocean, but when everyone exchanged the old ticket for the first time, they also exchanged the old ticket for one yuan in exchange for an ocean, which is equivalent to the previous one yuan is only worth five cents now, and the loss of the people of Shanxi alone amounted to tens of millions of yuan!
But now even this kind of junk stock-like stuff has been robbed, which shows how far the financial crisis of the national government has developed. (To be continued......)