“…… The stock exchanges and Chinese and foreign banks in Shanghai were all destroyed by the bandits, and checks, money orders, banknotes, stocks, bonds, and passbooks were all turned into waste paper, and the valuables stored in the Swiss bank safes were also gone. Insurance companies large and small went out of business at once......"

Huang Qiuyue, the secretary of the dean, continued to report one bad news after another to Wang Jingwei, "...... In the city of Nanjing, I don't know how many rich people have become poor overnight, and now they are leading people to raise flags in the streets to make trouble, demanding that the government recover Shanghai as soon as possible and get back their legal property......"

“…… What a dream! Even if the government did regain Shanghai, their property would certainly not be recovered. Wang Jingwei lamented.

In fact, if it is only emptied of the vaults in Shanghai, the few banks opened by the Chinese will naturally be doomed because their head offices and entire management have been terminated, but for the largest foreign-funded international banks in Shanghai, especially their head offices in their own countries, these losses can still be bearable, and as long as they try to free up some funds, it is estimated that they can barely cope with the run frenzy.

But the problem was that the Workers' and Peasants' Red Army not only robbed the gold, silver and precious metals, but also burned the stubs, receipts and account books of these branches......

-- In those days, there were no computers and the Internet, there was no electronic financial trading platform with real-time global networking, and even transatlantic telephones were extremely expensive and rare. Even so-called international banks only send people to check and reconcile accounts on a regular basis, and perhaps send a copy of the account statement to the head office for sealing...... That is, even if China's wealthy keep their cash and valuables in the foreign banks of Shanghai. Unless they have also been transferred to overseas accounts by financial means, their stubs and accounts have remained in Shanghai and have not been transferred abroad.

Now. All the data of the Shanghai branch was wiped out in an instant under the destruction of the Red Army, and these deposits and loans, financial assets, and custody items were all turned into a confused account that could not be traced, and the insurance company would never settle the claim -- no matter what kind of insurance product, the war would usually be included in the exemption clause -- where would you international bankers who eat people and not spit out bones be willing to be philanthropists for Chinese customers and suffer such huge losses in vain?

So, Wang Jingwei didn't say that he helped the rich people recover their losses. Even his own savings at the Yokohama Shojin Bank had to be wasted if he didn't get it right.

At the same time, the citizens of the capital Nanjing. This group of people, who have the highest degree of trust in the Nationalist Government, saw that the bank deposits could not be withdrawn at all, and the places where foreign currency and copper yuan were exchanged were also closed and refused customers, for fear that the banknotes in hand would also become waste paper. As a result, they all rushed to the streets to buy everywhere. Buy what you see. Wealthy people began to snap up the biggest diamonds, the most expensive watches, the finest jasper, and other things in order to get rid of the banknotes. The conflict was fueled by the poor hoarding rice, flour, and cloth and silk, while the merchants tried to close their doors and mitigate their losses......

In order to stabilize the market and curb the riots, although the banknotes were no longer guaranteed by gold and silver and could not be redeemed, Wang Jingwei still stubbornly ordered the merchants to continue to use them. Those who refused to accept banknotes were severely punished, and as a result, many store owners and clerks were forced to say that their goods were of poor quality. Strongly persuade customers not to buy. This may be the first time in Chinese history. But after all, they still talked in vain, and the customers bought everything regardless of the style, size, and everything, and they wanted it immediately, and they did not want to keep the money overnight, for fear that they would not be able to buy anything in the market in two days.

-- After there was no reserve of real money and silver, and even the head office was confiscated by the Red Army, the banknotes of the Kuomintang government became a complete "credit currency" like the US dollar bills that were later decoupled from gold. However, in view of the "changing king banner at the head of the city" since the Republic of China, the Chinese people have always had little confidence in the government. In their view, any kind of banknote guaranteed entirely by the government's credit is basically a pile of waste paper.

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“…… Looting riots broke out at the Confucius Temple, large-scale civil unrest was on the verge of breaking out, the police and civil servants were preparing to strike, and government orders could no longer be issued normally...... He Yingqin had just arrived at the Ministry of National Defense in Nanjing, preparing to transfer back the 87th and 88th Divisions from Zhenjiang to suppress the riots in the capital. However, military salaries are also needed for troop mobilization, and he hopes that you can raise a batch of in-kind goods as soon as possible, so that they can be distributed to officers and soldiers to stabilize the morale of the troops. Huang Qiuyue reported.

“…… Real? Real?!! Why should he be able to turn stones into gold?! Again, there are only banknotes and checks like waste paper in the Executive Yuan! ”

Wang Jingwei first vented angrily, but then he pinched his nose and thought of a way, "...... At present, there are absolutely no oceans and gold bars, but there is still some grain in the granary depot in Nanjing, and if those who serve as soldiers are not too heavy, let them each carry a bag of flour back...... By the way, regarding the current banknote crisis, has Kong Xiangxi come up with any countermeasures? This is the job of the Ministry of Finance! ”

“…… Kong Xiangxi believes that there are only two countermeasures to stabilize the market value of banknotes. One is to collect gold and silver from the provinces and rebuild the central treasury reserves, but this is very difficult, and the resistance encountered is probably unimaginable, and it is not urgent; The other is to turn overseas to finance foreign bankers, rely on their guarantees to restore government credit, and reissue new banknotes to exchange old money at a discount or half discount to mitigate losses...... In a critical situation, foreign exchange can barely replace gold and silver and be used as reserves.

According to the report of the Ministry of Foreign Affairs, the ambassadors of the United States and the United Kingdom have expressed their willingness to help in principle, but since many financiers in Shanghai have been killed en masse, we have no intermediaries to communicate with the international financial community, and I am afraid that there will be many ......twists and turns," Huang replied.

“…… In other words, this matter is still not urgent," Wang Jingwei sighed...... "...... Isn't there an immediate solution? ”

“…… There are still solutions. Huang Qiuyue hesitated for a moment, but still said it, "...... We can turn to Japan! ”

“…… Japan? It is obviously impossible for the Japanese government to take gold and silver from the treasury to finance us. The only rescue we can fight for is to peg the national government's banknotes to the yen...... Mingjun (Huang Qiuyue's cousin), didn't you bake me on the stove? ”

Wang Jingwei was stunned for a moment, and then smiled bitterly, "...... This has not only offended the financial circles of the United States and Britain, but also further confirmed the 'pro-Japanese' label on my head -- isn't there enough black pot that we have to bear for Chiang Kai-shek? Why do you want me to sacrifice my reputation this time? ”

-- Speaking realistically, before the outbreak of the War of Resistance Against Japanese Aggression, Wang Ching-wei was ideologically pro-Japanese and pro-Japanese, but many so-called "traitors" who betrayed the country and sought glory were infamous for Chiang Kai-shek, and he himself not only failed to gain any benefits, but became more and more famous......

“…… Sir, you can't just look at it that way. The current currency crisis may be a catastrophe for the Nationalist Government and his Chiang Kai-shek. But for you personally, it's not a wonderful opportunity to reverse Chiang. "Huang Qiuyue is like a devil, and he is kind to Wang Jingwei," ...... As we all know, the Nanjing Nationalist Government is now the so-called 'Jiang Zhujun and Wang Zhujun', but in fact, it respects him Jiang as a person! And the reason why Chiang Kai-shek was able to overpower you everywhere in the Nationalist Government was completely dependent on the military power in his hands!

But the question is, although he Chiang Kai-shek called himself a soldier, could he really fight? Who in this world doesn't know that on the battlefield, his Jiang Zhongzheng's military level has always been a joke, and he couldn't beat either the Northwest Army or the Gui Department back then...... The reason why I was able to laugh all the way to Zuihou was not because with the support of the Jiangsu-Zhejiang consortium and the US-British Freemasonic consortium, the enemy could be smashed with silver bullets? And the hundreds of thousands of troops that he has gathered now rely on a steady stream of money to gather.

But now, the Jiangsu-Zhejiang consortium has been wiped out by the red bandits, and the US-British Freemasonic consortium in China has also suffered a devastating blow. Now that his Jiang someone's money bag is finished, the gun in his hand is naturally no longer stable...... In this case, if you can get the financial and military support of Japan's friends first, you can take the opportunity to spend money to buy generals and officers and soldiers and wrest military power from Chiang Kai-shek! At least take some of it, so as to strengthen your voice in the government - the silver bullet tactic is not only played by Chiang Kai-shek! ”

“…… This one...... I'll have to think about it. First of all, the Japanese side may not be willing to help; Second, we really lack a foundation in the military. ”

Wang Jingwei stretched out his hand and rubbed his forehead, got up and moved to the sofa next to the desk, then raised his cup and took a sip of tea, and muttered hesitantly - he was indeed a little moved by Huang Qiuyue's proposal to "take advantage of the situation to dump Jiang", but he still couldn't make up his mind.

Seeing Wang Jingwei's hesitant appearance, Huang Qiuyue frowned, and was about to persuade ...... again The door of the Executive Yuan's office was suddenly slammed open, and then I saw Zhou Fohai, a member of the Central Executive Committee, breaking in in a hurry, bringing an earth-shattering news.

“…… It's amazing! Mutiny broke out in Nanchang! The whole city is fighting! Chairman Jiang was trapped in the Nanchang camp by the rebels! ”

Suddenly, the teacup in Wang Jingwei's hand "snapped" and shattered on the floor...... (To be continued......)