Chapter Twenty-Eight: The Wheel of History

For the time being, the 10th Brigade spent enough money on training is enough for the Ministry of Defense to feed 2 armies, and Huang Haoran is simply throwing money in the way of nouveau riche. Pen "Fun" Pavilion www.biquge.info

The 10th Brigade received several more batches of equipment from Shanghai, including electronically controlled mines, gas masks, 90 mountain guns, and 40 anti-aircraft guns.

Shi Jincai's artillery battalion is about to become an artillery regiment!

Even if this kind of money is like a "squander", the rapidly rising silver price still makes Huang Haoran's worth rise rapidly, Yu Meiren has an innate talent in financial management, she has begun to use the profits of silver to invest in oil and rubber and other military supplies, in Houston, USA, Yu Meiren also bought a large piece of land for Huang Haoran, because Huang Haoran once told her when chatting with her that there is oil under that land......

The frenzied rise in silver prices also had a serious consequence, with the outflow of silver from China......

Since China had not yet carried out currency reform and was still on the silver standard, the price of silver rose due to the purchase of banks in the United States, which immediately had a serious impact on China:

In the six months after September 1934, the international price of silver continued to rise. In mid-October 1934, the international price of silver contained in each Chinese silver dollar was more than 1/4 higher than the domestic price, and the export of silver could make a profit of 200-250 yuan per 1,000 yuan. The Nanking government's imposition of a silver export tax and a balance tax did nothing to curb the outflow of silver, but only increased the amount of silver smuggling.

What is even more serious is that many high-ranking figures in Nanjing also took advantage of their positions and powers to semi-openly loot and smuggle silver, among which the famous "four families" were the most ferocious in amassing wealth.

The number of silver dollars circulating in China has also begun to decrease......

Due to the large amount of silver exported abroad, the result was a drop in prices in China, a decrease in domestic silver circulation, a contraction of credit, a rise in interest rates, and serious deflation.

"There are signs that the rising value of the currency is a disaster for China, because it brings deflation."

The rising value of the currency has seriously eroded the competitiveness of China's exports, and domestic deflation and declining production have severely weakened domestic purchasing power and consumption levels. As a result, China's total foreign trade volume declined after the rise in the price of silver. A large number of industrial and commercial enterprises have collapsed, and this trend of bankruptcy and closure has not spared even some Western companies operating in China. The U.S. silver policy did not increase China's purchasing power and increase U.S. trade with China, as they claimed, but on the contrary, it took away what little China had, and even the director of the Far East Department of the U.S. State Department at the time admitted that "we are about to drain the blood of the Chinese when we buy silver."

In the end, the silver policy of the United States produced an outcome that no one foresaw, and China chose to abandon the silver standard and implement a fiat currency, completely reforming China's monetary system.

In November of the same year, the Nanjing government carried out currency reform, stipulating that the banknotes of the Central Bank, China Bank, Bank of Communications, and Farmers' Bank of China were legal tender, and silver dollars were banned. The fiat currency is 1 yuan, which is converted into 2 US dollars, 9 cents and 5 cents.

Huang Haoran asked his family in Wucheng to transfer their assets in southern Anhui to the southwest, especially in Chongqing, where the land price is still very cheap, and when the Nanjing government withdraws to Chongqing, the land price will be at least ten times the current one!

The money he carried was all exchanged for gold, silver, US dollars, and fiat currency, and he Huang Haoran couldn't believe it!

The image of riding a bicycle full of fiat currency to buy rice seen in the historical footage made him have a strong resistance to fiat currency!

Huang Haoran leaked such a heavenly opportunity in advance so that his family could leave the war-torn East China earlier.

Brigadier Huang's proposal was opposed by many in the Huang clan, who were reluctant to leave the land where they were born and raised.

Even those who leave the principle intend to move their property to Hong Kong.

Hong Kong, but the land of the British Empire, where "the sun never sets", does not believe that little Japan dares to break ground on the head of the British Empire.

But they did not expect that the afterglow of the "sun never sets" empire was about to disappear into the Asian horizon.

In the near future, in all of Asia, there will be only one arrogant "sun".

Huang Haoran's parents and grandmother couldn't stand Huang Haoran's repeated requests and began to transfer their belongings to Chongqing in batches.

Huang Haoran can be regarded as solving his worries, and he also repaid the Huang family's grandson for being occupied by himself.

Using the lives and fortunes of so many of you to exchange with you for the body of a "ruined son" can be regarded as worthy of you.

In this way, in the midst of one turmoil after another, China went through 1935......

During the year, the wheel of history rumbled forward along its trajectory......

The suffering of the Chinese nation continues to worsen......

On March 23, the Soviet Union, Japan, and Manchukuo signed an agreement on the transfer of the Middle East Railway, and the negotiated road price was 140 million yen.

On April 16, the Japanese Kwantung Army Command decided to emigrate 3 million people from Japan to Northeast China within five years.

On June 9, 1935, in the living room of the Beiping Military Branch of the Kuomintang government, Minister He, acting chairman of the committee, rubbed his temples vigorously.

It's too much of a deception!

In order to control North China, the Japanese invading forces made representations to the Kuomintang government on 29 May under the pretext that the Chinese authorities had assisted Sun Yongqin of the Northeast Volunteer Army to enter the "demilitarized zone" in Luandong, and accused them of violating the "Tanggu Agreement." Sakai, chief of staff of the Japanese garrison in Tianjin, lodged representations with the Kuomintang government on 29 May, and sent Japanese troops from northeast China to the customs to threaten with force.

Just 10 minutes ago, Umezu Mijiro, commander of the Japanese North China Garrison, asked Chief of Staff Sakai to take the written "Jue Shu" and throw it in front of Minister He, giving him a three-day reply without changing half a word, and he did not leave even a fig leaf for Minister He.

Chief of Staff Sakai looked at Minister He as if he were looking at a dead man, and the Japanese officers on the side looked at him unscrupulously, the number two person in the Nanjing government. It's like visiting something new.

There is no diplomacy for a weak country! Now I want you to hand over your own land, remove your own pillars, and don't even give you the right to bargain!

To sign or not to sign?

This is a serious problem!

Minister He felt that the highest authorities had pushed him to the top of a volcanic crater, and the heat coming from under his ass seemed to roast him.

As long as this agreement is put into writing, the infamy of the first generation will be completely saddled, and the surging public opinion will completely ruin the political future of him and someone... No...! Maybe... I can't even save my life......

However, if he did not put pen to paper, the supreme authorities in Nanking and the Japanese outside the city could immediately take the life of Minister He.

Signing is death, not signing is death, Minister He's vascular storm seems to be in danger of bursting at any time......

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