Chapter 915: Collapse  (Part 1)

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It was early morning in Qianyuan Teahouse.

The four-person group is always the first group of guests to open a teahouse. Old man Zhou is old and doesn't sleep. The other three are used to coming to the teahouse for breakfast before going to work.

There are cages, chun rolls, wontons, steamed dumplings and two-rice porridge on the table, which is even better than the best Tieguanyin. The four of them gather together, and the morning tea is particularly rich. While eating delicious breakfast and chatting with friends, it is really a great enjoyment in life.

This morning, it became a special show for Ma Liuye and Manager Hou. Because they experienced yesterday's run, there are many new and interesting things to share.

But other people's affairs are just jokes, and friends still care about their situation.

Ma Liu Ye was generous and had no overnight money. He had 180 taels of deposit in the bank. Yesterday, he took it home and had no other ideas. Manager Hou was a wealthy slave. He made a fortune by reselling silk cloth over the years. Others probably thought that he had a few thousand taels of money. The reason for this is that when he showed his family's wealth yesterday, he retreated and only accompanied Ma Liu Ye to withdraw money, but he didn't mention a single child.

"You have been in queuing for three days in vain?" Old Man Zhou said with wide eyes.

"The wealth is not bad, brother." In front of the old friend who is aware of his knowledge, Manager Hou told the truth: "I saw those little Afei wandering around the streets. They dared not to grab the money from the ticket number, but only stared at the customers who withdraw money. Which small household dared to get a thousand-eight-hundred taels of silver, it would be theirs that night." He sighed and said, "Thinking about it, I still have a money house that can sleep peacefully."

"I think this is the yin plan of the money house." Chen Guanren sipped the tea ceremony: "They want to have the worry of depositors to stabilize the situation. If any company is stolen because of this, it is their live advertisement, and they will naturally be happy to see it."

"It makes sense." Everyone nodded.

"It's too dangerous," Hou Jianguan cursed, and said with some gratitude: "But looking at this, the Royal Bank has gone through." As he said, he looked at Chen Guanren and said: "Then the stock price of the Certificate should be restored, right?" From the seal of Huilian number to the bank run, the price of the 570 stocks listed on the Shanghai Certificate was only half that of the crisis. Many people, including Hou Jianguan, vomited blood, and naturally hoped to recover their capital as soon as possible.

"If finance does not separate, there will definitely be a rebound." Chen Guanren Chen said: "But how much it can rebound is hard to say."

"Anyway, there must be a profit." Manager Hou said confidently: "I will go to the money shop and transfer all my money to the certificate office. This time I must make a profit."

"Lao Hou, the stock market is risky, so you must be cautious when entering the market." Ma Liuye kindly reminded: "You used to cross the river with your eggs, but why have you become more and more like a gambler recently?"

"What else?" Manager Hou sighed and couldn't swallow his food, "This world is getting worse every year. In the eighth year of Wanli, I still had a net worth of 20,000 taels, and I have shrunk year after year in recent years. Now it is only 80% of the original one. If I don't care about it, how can I rely on for retirement?" The meaning of 80% is 20%.

"It's better to be cautious." Ma Liuye picked up a steamed dumpling and put it into his mouth, and said vaguely: "The newspaper said that the stock market is the barometer of the world. If the world is good, the stock market will be good. If the world is bad, the stock market will not be good."

"..." Manager Hou didn't want to listen to this, so he changed the topic: "When it comes to newspapers, why haven't the newspapers been delivered to this day?" They ordered several newspapers, and they were sent directly to the teahouse every morning by newspaper boys, but today it was a little late.

Before he finished speaking, a newspaper boy carrying a huge oil cloth bag ran in.

"Monkey, are you lazy again?" Ma Liu scolded with a smile.

"No," the monkey wore his teeth and said, "There are shocking news, and the newspapers have re-typed it. It's still too late to hurry up."

"What shocking news?" Now that people heard such words, they were tumbling.

"You guys, please read it yourself. I have to go to the next house." Houwa poked the newspaper into Ma Liu's arms, and then ran out.

"Boy, there is a hanging boot ghost behind you to chase him." Master Ma Liu cursed, distributed two newspapers to the people next to him, and opened one by himself, and said on the top page: "The eunuch in the East Factory robbed himself, and 50 million taels of silver in the treasury were stolen..." Then he said on the slightly smaller subtitle: "Huilian No. treasury has robbed all the money, who will be responsible for the losses of the depositors?"

Manager Hou's face was pale in an instant. He sat there for a long time. The person next to him could not help but touch him. He screamed strangely: "Oh my god..." Then he planted a green onion back and threw it on the ground.

Fortunately, Ma Liuye was quick-witted and grabbed him with a hand, but he took a bowl of tea in front of him overturned. The fine porcelain tea bowl fell to the ground and broke into several pieces. Although the sound was not loud, it was enough to surprise everyone in the store.

When everyone saw that Manager Hou had fainted, they hurriedly pinched the person and poured tea. He then coughed twice, spit out a mouthful of blood, and woke up slowly. It was obvious that the fire accumulation was in his heart, and it had been more than a day or two.

"Okay, okay." Old Man Zhou sighed and said, "It's probably because of his mood."

Official Chen has understood the reason: "It's not just because of bad mood, poor sleep, poor eating, and excessive weakness." Then he shouted: "Agui, let's have a bowl of old turtle soup."

"Thank you, no need." Manager Chen said in a weak tears: "I can't afford to eat old turtle soup." He said that and insisted on getting up.

"Don't move," everyone hurriedly pressed him and said, "You are still empty."

He didn't know where he got the strength, so he threw away everyone, stumbled out, and murmured: "Go home..."

"What are you doing when you go home?"

"Get the money to cash out the silver..." After leaving the last sentence, the shopkeeper Chen disappeared.

Everyone looked at each other, and Ma Liu Ye suddenly stood up and said, "I'll go and queue up for him."

"I'll go find Captain Chen to see if he can be more comfortable." Chen Guanren also stood up.

Old Man Zhou thought about it and said, "I will follow him, don't have any accidents..." After that, the three of them hurriedly left the tea house, so the morning tea money will be deposited first.

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But they were still late, and the Royal Bank's Mén store was already crowded with people. Before nine o'clock the bank opened, people had already opened the row from outside and rushed into the hall.

The tellers had to go to work early. This time, no matter how much they said, people couldn't listen at all. They had only one idea, that is, withdraw cash, withdraw cash, withdraw cash

The same is true for the VIP counter in the backyard. Angry big-name households came to question themselves why they didn't explain the situation yesterday, but used some sufficient funds to deceive them.

Wang Benchang was speechless. Faced with the huge silver notes that were asked to be redeemed immediately, he knelt down on the spot and asked for a grace period. The big investors ordered him to take the cash account book. Seeing that there was only one million and a half million yuan in the account, it was not enough for them to cash, not to mention that there were a large number of retail investors in front of them. So everyone discussed and divided the big heads, and rushed to another house to see where there was still money, and immediately robbed it out.

The whole city was full of wind, and this time it was much more than yesterday. The top ten branches of the Royal Bank were crowded with customers who wanted to cash out the bank. If the Royal Bank fell, the situation would be unimaginable, so the Shanghai government office had to maintain it, and stipulated that the payment of silver bills was as low as 100 taels, and the payment of fifty taels to 100 taels for a temporary payment of 100 taels to 100 taels, and payment of 100 taels for a temporary payment of 100 taels to 100 taels, and payment of 100 taels for a temporary payment of 100 taels for a temporary payment of 100 taels for a temporary payment of 100 taels for a temporary payment of 100 taels for a temporary payment of 100 taels for a temporary payment of 100 taels for a temporary payment of 100 taels.

With the strong intervention of the government, Royal Bank has barely maintained it for the time being, but there are dozens of money houses and ticket numbers in Shanghai with smaller capital scale, all of which are crowded and the market is greatly affected.

When the big investors saw that they could not get money in Shanghai, they immediately took the quick jiāo tool and went to another place to withdraw cash. The news of a bank run in Shanghai had already spread to all places, and it was already panic. Now, seeing wealthy businessmen and gentry in Shanghai flocking to the bank without saying a word, the local people and the big investors could no longer sit still and immediately rushed to the cash.

On August 13, a run occurred in Suzhou. After a long time of persistence, the bill number was closed, fearing that it would be caught and killed by an angry depositor, and the shopkeeper and the shopkeeper escaped.

On August 14, a run occurred in Nanjing.

Mid-Autumn Festival on August 15th, Wuxi runs...

Immediately afterwards, on August 17, Yangzhou and Hangzhou ran.

August 19th, Fuzhou, Jinan, Zhengzhou, and Taiyuan ran.

August 20th, Wuchang, Changsha, Nanchang run,

August 22, Beijing, Guangzhou, Xi'an, Hong Kong, Australia, run...

In just ten days, Zhang Siwei was most worried about nationwide runs, and the Royal Bank of China sold out in various places and closed down one after another. Affected by the panic, the market value of the two major securities markets in Shanghai and Guangzhou evaporated by 70% within ten days. The stocks that used to create endless wealth for citizens have become tasteless and a pity to abandon.

Because the hard-earned money accumulated over the years has been lost, the people who fell into a crazy position have pointed the finger of hatred at the Royal Banks in various places. They have stormed the store, seized the clerks, and then mass smashing and looting. The people who have nothing have fallen into madness and no one dares to add fuel to the fire. The government can only try their best to appease their property and ensure that their property will not be in trouble. At the same time, they put pressure on the branches of the Royal Banks, and submit a court to strictly handle theft of the Shanghai Treasury case and immediately come up with a rescue plan.

Emperor Wanli of Beijing was finally awakened from his dream of getting rich. Looking at Zhang Siwei kneeling under the imperial stairs, he said in anger: "Aren't you confident and annexing Huilian number, there must be no problem?"

"I said this." Over the past few days, Zhang Siwei was much older and his body was hunched: "But the treasury of Huilian Number was stolen, which changed everything. For bank bills, the most important thing is confidence. When customers know that their funds are not safe, how can they still have confidence in Royal Bank?"

"If I find out who leaked the secret," Wanli blushed. In order to cover up his guilt, he said hatefully: "He will definitely be torn to pieces."

"There is no airtight wall in the world. What happened will sooner or later be known." Zhang Siwei sighed: "It's meaningless to say this now. Please find a way to save the Royal Bank no matter what, otherwise the consequences will be unimaginable."

"What's the unimaginable?" Wanli curled his lips. Although he felt that the consequences of bank bankruptcy must be very serious, he didn't know why, so he still had the idea of ​​letting it flood and I was just content with leisurely feeling.

"Thirty years since the establishment of Huilianhao and Rishenglong, silver notes have become the main currency of our Ming Dynasty. People take it for granted as wealth, savings, sales, and investment, and we have the current world of huāhuā. If the Royal Bank, which accepted silver notes, goes bankrupt, the silver notes in the hands of the people will become worthless, and the stock market will plunge, countless people will become penniless overnight, and many manufacturers will face bankruptcy, and there will be a terrible number of bankrupt and unemployed people in the city."

Zhang Siwei has obviously evaluated the consequences of bank bankruptcy through experts. He only heard his voice trembling: "What's even more terrible is that the huge number of urban residents do not grow food. Citizens have to rely on money to buy rural food. Once the silver notes in their hands become waste paper, a large number of people will starve to death. If someone incites them at this time, there will be a large area of ​​rebellion." He swallowed and said a little squeaked: "Take a step back, the southeast is the place where the Ming Dynasty's wealth is. If it falls into a crisis, the court will face the danger of financial and tax cuts."

"Then, what should we do?" Wanli finally changed his face. What the emperor feared most was the rebellion of the people and the financial and taxation were exhausted, because this would lead to unstable territory in his country.

"Saving the market" Zhang Siwei took a deep breath and looked at the emperor and said, "First, the above imperial edict prohibits the government from withdrawing cash bank from the Royal Bank. All transactions, including the people's tax payment, must be paid by silver notes. Second, the emperor will retrieve the 50 million taels, severely punish the responsible person, and declare the sacred and inviolable of the Royal Bank's vault. Third, the imperial edict declares that silver notes are equivalent to cash bank, but given that the current market is not ineffective, the silver notes are paid at least 100 taels, and the price is temporarily paid for fifty taels, and more than 1,000 taels, and the deadline is temporarily set at half a year... I believe that the panic will be eliminated after half a year."

This series of tricks was obviously carefully considered by experts. If you save the market accordingly, I believe it will be very effective.

But Emperor Wanli could not accept it completely because he keenly realized that Zhang Siwei was passing the crisis of the Shanxi merchants on his head. What does it mean to "announced by the imperial edict, silver bills are equivalent to cash bills"? If the crisis did not improve in half a year, wouldn't the people have to ask for money from themselves with silver bills?

Thinking of this, he couldn't help but ask in a mean tone: "What about you? What should you Shanxi merchants do? While you are rich, you see that my court has become your scapegoat?"

"The emperor means..." Zhang Siwei twitched in his heart.

"What do I need to say about your business?" Wanli sneered: "Mr. Zhang will do it yourself."

"What is the self-disposal?" Zhang Siwei was so scared that his hooves trembled, and his voice trembled: "Please tell me clearly." He thought Wanli was trying to persuade him to commit suicide to thank the world.

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Chapter completed!