Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in hlnovel.com -> Historic -> The Young Marshal s Spring and Autumn Period Through the Republic of China

Chapter 533 The Battle of the Heart

Previous page        Return to Catalog        Next page

    You can search for "Young Marshal's Spring and Autumn Period Through the Republic of China" on Baidu to find the latest chapters!

    Gold was originally used to stabilize the financial market. He had a large amount of wealth, but he did not dare to put it into use in the northwest.  According to economic theory, when the output value of a place is less than the currency put into circulation, currency devaluation usually occurs, even gold.

    The northwest would not be able to accommodate this money for a while, so he used this huge sum of money as reserve funds to establish China Construction Bank, the largest bank in the northwest and probably China. After removing the Lanzhou Arsenal, he planned to connect Lanzhou to Xinjiang and Yinchuan.  , Baotou, Suiyuan and other places' railways, the western section of the Longhai Line connecting Lanzhou to Xi'an, and the most important and urgent talent training project in the northwest - Xi'an Jiaotong University, there is still a lot of gold left.  On hand.

    Doesn¡¯t a run mean that you cannot withdraw cash within a unit of time?  For the wealthy Zhang Hanqing, this is not a problem.  He sent people to issue suggestions to major banks in Wuhan, using the name of the newly established Wuhan branch of China Construction Bank to acquire the maturing deposits of each bank. The condition is that each bank must pay deposit reserves to China Construction Bank afterwards. In essence, this is  Recognize China Construction Bank¡¯s central bank status.

    Another option is to exchange the deposits received by China Construction Bank for equity in a certain proportion of the bank. Now is a good time to acquire the financial system.

    ¡°Anyway, it is beneficial to Zhang Hanqing¡¯s financial institution.

    The person who came up with this idea was Zhang Zhijiang, Liu Shangqing¡¯s old subordinate in Shenyang. He was connected to several figures in the financial world. Zhang Hanqing asked him to come over and serve as the president of the Wuhan Branch of China Construction Bank.

    How can people not bow their heads when they are under the eaves?  The financiers who were in the center of the storm almost jumped off the building and jumped into the river. When they suddenly heard the good news from the patrol envoy, they were like a drowning man grabbing a thick and buoyant stake.  Special hug principle?  Although he lost his former power and influence, it was a blessing to be able to hug the young marshal's thick legs after experiencing the financial turmoil.

    Because the young marshal¡¯s strength really cannot be underestimated.

    The first business of China Construction Bank Wuhan Branch was to take over all the savings absorbed by Hankou Industrial Bank.  It is said that on the day of the acceptance, two large ships of several hundred tons sailed from the Han River, filled with loud silver coins. It took fifty people and twenty carriages to transport them to the business center in the city center.  Faced with countless bankers with various intentions, banker Xu Yimeng, who was originally like an ant on the hot pot, announced loudly and calmly: "The Wuhan Branch of China Construction Bank under the signature of the patrol envoy will accept all the bank's promissory notes, and all new banknotes will be accepted."  All old depositors can accept an unlimited amount of expired or unexpired promissory notes!¡±

    Sure enough, when the panicked crowds pressed for cash, the bank did not refuse and cashed the money to anyone who came without any hesitation.  However, in order to avoid injuries caused by crowding, the sales staff still showed great enthusiasm: "Don't crowd, take your time, the promissory notes issued by our bank will be cashed - the due principal and interest will be paid, and the undue interest will be paid in full."  You have to consider whether you want a big discount on the interest rate."

    The footnote to their words is a wooden box that has only been opened, with 500 yuan in each box, placed under the soles of each salesperson.  Unopened wooden boxes are piled like a hill behind the counter, and it is said that the warehouse is even full of them.

    Not only that, there are also piles of gold bars stacked in various business halls in the corner of the hall.  Antiques from prosperous times, gold from troubled times, with this thing, people will be so confident, right?

    A promise as golden as gold!

    The Marshal's government is very close to the people. In order to take care of the interests of the vast majority of small depositors, officials sent by the provincial government to maintain order told the outside world: "All large promissory notes go directly to the transactions specially opened by the provincial government.  It is carried out during the period, and all business offices in the city only serve small depositors to facilitate the general public."

    A total of 300,000 yuan was cashed out at each business location in one morning.  There could have been more, but most of the people queuing up were small depositors, and although the number of people was large, the amount was small.  And as we got further back, the wait-and-see atmosphere became thicker. By noon, the crowd of people who had excluded us gradually dissipated, especially when there was new news that two more large ships had arrived from the Northeast.

    "Brother Zhang Wu, haven't you redeemed your money yet?"

    "Hey, no, I'll take another look. The main reason is that it hasn't expired yet, so it's a bit of a loss to cash it out now. Besides, the bank has a lot of cash in hand, and I'm not in a hurry to use the money, so why cash it in?"

    ?According to the agreed interest rate, the interest rate for undue interest will be discounted according to the rules. It is the same for banks in the past life and this life.

    "Yes, I also heard that the bank was out of money and that's why I became so anxious. If I had known that the Young Marshal had released so much money, I wouldn't have come."

    "Brother Zhang Wu, do you think this ocean is real or fake? Where did the young commander come from so many oceans?"

    "Haha, brother Wang, so many people have cashed in before, how can it be fake? The father of the young marshal is Marshal Zhang from the Northeast."As a guarantee for the promissory note, Zhang Hanqing used less than 1 million yuan and piles of gold bars for exhibitions to control almost all Chinese-funded banks in the three towns of Wuhan, and enabled China Construction Bank as the parent bank to realize its influence on the economy here.  Control, and gold is successfully laundered here too.

    After this battle, the People's Army had strong economic strength to ensure its dominant position in central China.

    The Northeast has limited space for outward development, while Hubei has a broad future.  Here, there is no need to worry about the thoughts of the old people in the Feng clan, and they can decide military and political actions on their own. Therefore, the young marshal's office was moved here, and the central headquarters of the People's Army and the People's Party were also moved here to make it easier for him to guide the work nearby.  Along with the move of military and political agencies, his economic team also moved in, and this place became another command center of the Feng clique.

    Here, he and his companions no longer limited their gaze to just one corner, but began to look at the overall situation from a broader perspective.  The sea is wide enough for fish to leap, and the sky is high enough for birds to fly. Without any constraints, where will Zhang Hanqing's wings fly to?  (Remember the website address: www.hlnovel.com
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report