On Monday, April 8, the Concession Civil Court was officially inaugurated in the Second Branch of the Former Jiangsu Provincial High Court in Zhejiang Road, and the first case to be heard was the case of the Coal Management Institute of the Ministry of Industry Bureau suing the Coal Association for monopoly, which attracted a large number of reporters and citizens to try the case.

In contrast, the criminal court is still trying criminals arrested for anti-crime activities every day, and after listening to it too much, they have become accustomed to it, but now there are far fewer people hearing trials, and only the reporters of the newspaper's newly opened rule of law column insist on being there every day. Now that the civil court is open, it is still more attractive to hear the coal case related to people's livelihood.

The trial of the coal monopoly case was surprisingly fast, and it took only one morning to complete the trial and the verdict, and it was made public:

“…… It has now been ascertained that the Huhai Coal Association and its 48 affiliated distributors, by virtue of their occupation of more than 90 percent of the coal market share in the concessions, have repeatedly used such means as accumulating and manipulating prices to entrap the people and seek huge profits......

"In accordance with the relevant provisions of the "Concession Industry and Commerce Regulations", the Coal Association is prohibited from carrying out all commercial activities in the concession with immediate effect, and a fine of 3 million US dollars is imposed for a period of 24 hours.

"If the Coal Association fails to pay the fine within the time limit, the Coal Management Office of the Concession People's Livelihood Committee will confiscate all the assets of the association and its affiliated firms in the concession to compensate!"

In the course of this trial, the directors and business owners of the Coal Association, who had already been notified, did not dare to attend, but hired two German lawyers to respond to the lawsuit, but in the face of the tangible evidence presented by the coal pipe in the concession, all the pleas were pale and weak......

When the final verdict was announced, two German lawyers protested, saying that since the Coal Association had been banned from continuing to conduct business in the concession, it would be unreasonable to impose a fine...... Moreover, the amount of the fine is too high and extremely unreasonable, not to mention the confiscation of assets after submitting the fine!

However, their protests were of course useless, and they were given only one day to appeal, which coincided with the deadline for the payment of the fine. In other words, even if you want to appeal, you must pay the fine first, otherwise, the guild assets that have been sealed and detained will be officially confiscated one day later! ——

When the verdict of the coal case was announced, the citizens of Shanghai were happy to see it, but those merchants were shocked, this punishment is too heavy! It is forbidden to operate in the concession, and such a high fine is imposed, and the assets will be confiscated if they are not paid.

The Coal Association, which was rewarded by two German lawyers, was dumbfounded, the concession authorities were too ruthless at this time, and they had no choice at all!

Previously, after the Concession Ethnic Affairs Committee issued the No. 1 announcement, the association did not let the member firms re-check and register, thinking that with the joint efforts of these people, they could check and balance the concession, but they did not expect that the Ethnic Affairs Committee directly ordered the seizure of the assets of the association and 48 firms in the concession, including 12 common freight yards and the storage of 100,000 tons of coal, 50,000 tons of finished briquettes, and 214 shops.

According to the purchase price of the guild, the production cost of 100,000 tons of coal is 6 million yuan, and the production cost of 50,000 tons of briquettes is 5 million yuan, and according to the current exchange market price of 9:1, this 11 million yuan is only equivalent to 1.22 million US dollars, but the 12 freight yards and 214 shops can not be bought for only 1.78 million US dollars!

Now the concession civil court has issued a fine of 3 million US dollars, which is stuck at this critical point, if the fine is paid, coal and briquettes can be pulled to the rental world, but the freight yard and shops cannot be taken away!

However, the ruling clearly prohibits the coal trade association from conducting commercial activities in the concession, and these places are useless to them, and they can only sell and transfer, but can they sell so many shops at one time, can they be sold for 1.78 million US dollars? No one can guarantee it.

In this way, the directors and members of the Coal Association have come up with an idea, the Concession Committee must have calculated it, that is, to drive them out of the leasing industry and occupy their assets! In this case, even if they try to find a way, I'm afraid they won't be able to come up with anything!

"Appeal! We're going to appeal! Some people shouted excitedly, while many more looked at the chairman of the association and the head of the Huhai branch of Mitsubishi Gas Corporation, Ogiaki Tsering, to see what the Japanese, who had always insisted on tough treatment, had to say.

Diqiu Tsering's face was pale at this time, he knew that this time he was tricked by the concession authorities, and they were completely kicked out! The only benefit that this ruling has brought to these people is that the previous monopoly of coal prices in the concession is considered to be in the past and will not be held accountable, and they no longer have to stay in the Japanese-occupied area, and can enter the concession for other legal reasons, of course, it is impossible to do coal business in the concession again.

He knows very well that the Japanese authorities will not come out to the concession authorities for them, on the one hand, it is useless, and on the other hand, Japan still has to rely on the United States in commerce and trade, and it does not have the conditions to turn its face at all!

Finished! Ogiaki Tsering knew that he was finished, he had lost so many assets and was kicked out of the concession market, and the headquarters of the club would definitely not let go of his ......

In this case, how can he be in the mood to take care of these people around him, no one can help him, or go home and count the property, hide what should be hidden, take away what should be taken away by his wife, and always leave money for his wife and children to live in the future.

Other Japanese businessmen basically thought the same thing, and they were not in the mood to discuss it anymore.

A group of traitors and Chinese businessmen who were miserable didn't want to accept their fate, they saw that the Japanese businessmen who were usually not good at cattle were wilting, but they were getting more and more angry, and the coal and shops they lost were all money! It's all their own property! It's just gone, how can you accept it?

The angry Chinese merchants couldn't help it, and they didn't know who would take the lead first, so they rushed to the Japanese merchants and began to move......

There are only 18 Japanese businessmen, but there are 30 Chinese businessmen, and this fight, of course, is that Chinese businessmen have the upper hand!

But this is the Japanese concession, in this building, in addition to the coal association, there are more than a dozen other companies, at this time after hearing their fight, many people came out to see the excitement, some of them Japanese saw the Chinese businessmen beating the Japanese, immediately rushed to help, but the same Chinese staff did not come forward to help - the coal industry association did something hateful, even Chinese, do not want to help these coal dealers!

After the farce lasted for more than half an hour, 30 Chinese businessmen were knocked to the ground, and then thrown out of the office building by a group of Japanese, which also represented the complete end of the trade association that once monopolized the Shanghai coal market!

(End of chapter)