Chapter 309: The First Day of Open Exchange

On Wednesday, May 1, the Huhai Concession was bustling with activity, and early in the morning, there were long queues in front of various banks, all of which were citizens and businessmen who came to handle the business of exchanging fiat currency.

Although there are a lot of people, there are militia joint defense teams at the entrance of each bank to maintain order, and inside the bank, there are police officers from the Economic Investigation Bureau of the Anti-Smuggling Department and bank security guards in charge, so the exchange outlets are busy but not chaotic.

However, on this morning, there were many disputes at the various roadblocks connecting the concession to the outside, and many people were blocked from the barricades and were not allowed to enter, and some of them were not small-tempered and were making a lot of noise, questioning the police officers on duty why they were not allowed to enter the concession.

The U.S. soldiers in charge of the armed support mission on the side were silent, but the M1 Garand rifle and Thomson submachine gun in their hands were in their hands, staring at the entrance of the roadcar, although they did not speak, but the threat was extremely strong, so that those who were noisy only dared to make noise outside the roadcar, but did not dare to take a step beyond the thunder pool.

At present, the police officers in charge of road checks are all formally trained, and even the allocation of female police officers has been increased recently, and the inspection is very standard and fast.

There are three inspection channels set up at the roadblock, one is specifically for citizens holding concession resident certificates, and they will be released after a simple inspection; The other two passages are for outsiders, and are divided into men and women, and all those who want to enter the concession must be examined in detail, and even searched their bodies, and there are special personnel to inquire and record the purpose of entering the concession, especially those who carry a large amount of fiat currency cash, and they are more focused on care.

Those who made noise outside the roadcard were people who carried large amounts of cash and could not explain the purpose of entering the concession, so they were directly denied entry. But their noise was useless, the police station did not pay attention to it, and the American soldiers on duty stared at them with fierce eyes, and it did not take long for them to retreat in fear.

——

In addition to the Japanese-funded banks, all other foreign-funded banks and commercial banks under the China Commercial Bank Association participated in the fiat currency exchange operation in accordance with the requirements of the Financial Supervisory Commission of the Ministry of Industry and Bureau, and even the German-funded banks were no exception.

There is no surprise at the performance of Japanese banks, whether it is the Ministry of Industry or the citizens, except for those Japanese-funded enterprises and Japanese expatriates, basically no one goes to them to handle business, and of course they will not go to exchange fiat currency this time, and the Financial Supervisory Commission will not pay attention to them this time!

Even many people felt that based on Chief Panson's dislike of the Japanese, it might not be long before these Japanese-funded banks were liquidated from the world.

In addition to these banks, there is a special banking institution that has explicitly rejected the request of the FSC and stated that it will never participate in the legal tender exchange business, which has made many citizens who have gone in to handle business very dissatisfied, and even caused some considerable disputes.

This banking institution is the Silian General Office in Shanghai, which has set up nearly 10 business outlets in the concession, which is specifically responsible for the legal tender-related business of the national government, in addition to the ordinary deposit and loan business, it is also responsible for the business communication between the Ministry of Finance of the State Government and foreign banks in Shanghai and Hong Kong Island, and is an important window financial institution of the Chongqing government to the outside world.

The official name of the Silian General Office is the "Joint General Office of the Central Bank, the Bank of China, the Bank of Communications, and the Peasant Bank of China," which is responsible for handling various special business related to the government's financial and economic policies during wartime. After the outbreak of the German-Polish War, the government was established on October 1 last year in order to unify the financial affairs of the government in order to make unified decisions.

The head office of the Fourth Federation is at a high level, with Chairman Jiang as the chairman of the board of directors and overseeing all affairs, Kong Xiangxi, Song Ziwen, and Qian Yongming as executive directors, and the premier, finance, economy, and leaders of the four banks as directors, and their functions and powers are above those of the four banks.

This time, the concession authorities actually want to ban the circulation of fiat currency, and it would be strange if the Huhai Office of the Silian General Office cooperated!

The FSC has also officially notified it to participate in the legal tender exchange, but the Silian General Office has not given a clear reply.

Of course, the FSC doesn't expect it to really cooperate, but it must be face-saving! I didn't expect that now it has a dispute with the citizens, and the outlets of the Silian General Office have dispatched security personnel to drive away and beat the citizens, which is not a trivial matter!

The Financial Supervisory Commission is an official body officially established by the Ministry of Industry Bureau, and although the person in charge is a female Hanpri, she is not a character who is bullied and does not fight back!

At half past nine in the morning, the FSC's punishment letter was issued, one of which was delivered to the Silian General Office by the staff and the other to the police station.

After receiving the punishment letter from the Financial Supervisory Commission, before the Silian General Office could think about how to deal with it, the Anti-Smuggling Department of the Police Bureau, together with the police officers of the Public Security Department, went to the door separately and directly sealed up all the ten business outlets in the concession under them, and the staff were driven away, the vault was locked, and all the security personnel who beat people were arrested! The speed of action is unexpected.

In the process, the onlookers applauded, and the citizens who had been injured before were all sent by the police to the nearby hospital for examination, identification of injuries, admission of pockets, and collection of evidence......

Many reporters in charge of reporting on the legal system also recorded this process and immediately published it in the noon supplement and evening newspaper to publicize the impartiality of the concession officials.

——

After coming up with the idea, Li Junhao didn't care about the affairs of the Financial Supervisory Commission anymore, he couldn't worry about everything himself, and others had to work hard! Therefore, it was only at lunch that he heard about the closure of the Silian General Office ordered by the Financial Supervisory Commission in the restaurant, and praised "not bad"! Hampley, his former boss, is still very courageous, and that's how it should be.

Of course, he also knows that in this way, things will get bigger, and the government in Chongqing will definitely have to appeal to the embassy again, I hope Ambassador Jensen can withstand it!

However, it doesn't matter if you can't stand it, the embassy will at most give an order to the Consulate General in Shanghai, but there can be no punishment; Moreover, this is the decision of the Ministry of Industry Bureau of the concession, and in the end, whether to let go of the Silian General Office or not is still up to the Ministry of Industry Bureau to decide, and there is a lot of room for operation here.

In other words, in the end, this matter depends on the meaning of Huhai, so how to deal with this matter of the Silian General Office will be decided according to the development of subsequent events.

Although Li Junhao is not sure whether the Consul General and Commercial Counselor Hanpuri can withstand it, it is not that there is still him, and it will not make people despise the authority of the Ministry of Industry!

(End of chapter)