Dreaming back to 1949, the great powers were there to deceive us

April 4th, 15pm, Victoria Western Restaurant.

If it were somewhere else, the restaurants would be closing at this time, but this is Shanghai, and the nightlife has just begun.

There were not many customers dining in the Western restaurant, only three tables.

Some of the waiters inside were standing respectfully, some were wiping the wine glasses, and some were taking a break from their busy schedule to chat in low voices.

Suddenly, the door opened and several Chinese people walked in laughing.

Claude was about to step forward, but when he saw that it was a yellow man, he immediately turned his nose up and stood still!

Soon, his attitude took a 180-degree turn, because a silver dollar was thrown to him. He caught it casually, blew on it like a Chinese, and then quickly put it to his ear.

The crisp sound made him smile!

"Dear distinguished guests, please follow me!"

When it comes to money, skin color doesn’t matter!

What surprised Claude even more was what happened next. These four guests actually ordered dishes and wine worth fifty dollars.

Such a generous gift made Claude serve more carefully.

As a rule, if guests are satisfied with the service, they will definitely give a tip.

Not long ago, Claude received a Chinese couple. The gentleman was extremely generous and earned more than 20 dollars just by polishing Claude's shoes.

Claude recently read the newspaper and regretted it.

That young man turned out to be the chairman of his company.

If I could stand up for him when he was being bullied by the foreign company's employees, maybe I could also join the management of his company like the actor Atlan!

Claude doesn't think he is worse than Atlan.

Unfortunately, there is no medicine for regret in the world!

After all the dishes were served, the youngest stood up, raised his red wine glass,

"This is the first glass of wine. Thank you Brother Qi for your hospitality today!"

The other two also raised their glasses and shouted in unison,

"Thank you, Brother Qi!"

Brother Qi, whose real name is Qi Xiaoyong, is a loan officer at the Magic City Commercial Savings Bank.

The other three people are all colleagues from the bank.

The youngest one is called Du Lun, who is responsible for background investigation. The other two are called Li Tao and Qiao Shan, who are both responsible for corporate business.

The four men must have been really hungry. After drinking the first glass of wine, they each buried their heads in the work, and soon, the beef and dishes on their plates were almost all finished.

After three rounds of wine and five dishes, they started chatting enthusiastically.

Duren shook the red wine in the glass to allow it to fully come into contact with the air.

He said with a blushing face,

"Brother Qi, you made two payments today. I wonder how much commission you can get?"

Qi Xiaoyong laughed heartily upon hearing this, oblivious to the people around him.

"Not much, not much!"

Li Tao picked up his glass and clinked it with Qi Xiaoyong. After taking a sip, Xiao Yong said,

"I estimate that Brother Qi can get at least 300 yuan this time!"

Duren exclaimed,

"Wow, that's so much, Brother Qi, congratulations!"

Everyone gave him a lot of flattery.

After the commotion, Qiao Shan asked with a thick tongue,

"Brother Qi, are you taking any risks by lending out so much money? The financial situation of the Xinzhong Machinery Factory isn't very good!"

It was Durham who answered him,

"Hey guys, you guys don't understand. I'm doing a background check. Xinzhong was indeed in a bad financial situation before, but they received an order from TA company for 5000 four-wheel transport vehicles, and the deposit alone was over 50 yuan! If they weren't stocking up, they wouldn't need a loan at all! On top of that, TA company also provided them with a 200 million yuan guarantee, so they only borrowed 30 yuan from our bank. It was a drizzle, a complete drizzle!"

Li Tao's eyes lit up and he asked,

"So, Xinzhong still has great loan potential?"

"Of course!"

"Brother Qi, you have to work hard. If Xinzhong can borrow a few million, you will be rich!"

Qiao Shan snorted coldly.

"Millions? You're really audacious! Lending out that much money increases the risk exponentially!"

Duren shook his head.

"Brother Qiao, there's no risk. Mr. Zhu has already signed an agreement with Xinzhong. From now on, the loan from our bank must remain with us!"

Qiao Shan was puzzled and asked,

"How is this possible? The loan is for stocking up. How can they stock up if they keep the money in our bank?"

Qi Xiaoyong showed an unfathomable smile,

"What if Xinzhong requires suppliers to pay for goods through our bank?"

Qiao Shan suddenly screamed,

"That's great! We gave the loan to Xinzhong, Xinzhong transferred the payment to the supplier, and the supplier deposited the payment with our bank. It's like just changing the account, and our bank didn't transfer a penny, but we got a huge income!"

Qi Xiaoyong laughed heartily, holding up his red wine glass.

"Cheers to Mr. Zhu!"

The other three immediately echoed,

"Cheers to Mr. Zhu!"

After they sat down again, Qi Xiaoyong said excitedly,

"By doing this, our Magic City Commercial Savings Bank can expand its credit line indefinitely! And there's no risk involved."

Duren was also in a good mood and said,

"In this way, maybe we can get all of Tongan's 4000 million orders!"

"4000 million, doesn't that mean over million?"

Qi Xiaoyong waved his hand and took over the conversation.

"It's not that much. 4000 million is something Tongan is fully capable of paying. Otherwise, Mr. Zhu wouldn't have been so confident in approving the loan to Xinzhong."

Claude finally understood something. He calmly retreated outside the restaurant and ran to a public telephone booth.

"Hello, please help me connect to Huifeng Foreign Trade Co."

After the call was connected, Claude said anxiously,

"Hello, I'm Claude. Mr. Hunter, our account manager, please answer the phone. I have something important to tell him!"

……

Half an hour later, a report was placed on Charlie's desk.

"Damn it!"

Charlie punched the expensive desk. The violent vibration caused the cup to fall over, and the tea flowed along the desk and dripped onto the precious carpet.

Before this, foreign banks never took Chinese banks seriously.

Therefore, when they banded together to refuse loans, they did not join forces with Chinese banks.

There are two reasons for this. One is that Chinese banks have insufficient capital.

The second reason is that Chinese banks did not have a stable currency, so they could only operate gold yuan notes, which depreciated severely.

Here, we have to mention the National Government’s gold yuan reform.

On August 1948, 8, the government ordered a currency reform, replacing the legal tender with gold yuan coupons and forcibly exchanging gold, silver and foreign currencies for gold yuan coupons.

During the gold yuan reform, the government required all individuals and legal persons to exchange their foreign currencies and precious metal currencies for gold yuan, and foreign banks were no exception.

However, this seemingly fair policy has many loopholes and violations in its actual implementation, and some foreign banks and interest groups can circumvent these restrictions through many means.

For example, during the gold yuan reform, some foreign banks cooperated with black market dealers to transfer foreign currencies to the black market for transactions, thus circumventing the requirement to exchange them for gold yuan.

For example, some foreign banks evaded the requirement to exchange them for gold yuan by falsely declaring the amount of foreign currency and precious metal currencies they held, or transferring them to other accounts or institutions.

Another thing is that foreign banks can take advantage of privileges and connections. For example, if a bank says that a certain deposit is the asset of the US consulate, does the government dare to force an exchange?

At this time in Shanghai, the government was even more afraid to touch foreign banks in order to seek support from Western powers.

The government's differential treatment of foreign banks and Chinese banks not only put Chinese banks on the brink of death, but also caused countless citizens to open accounts in foreign banks in order to preserve silver dollars, gold and other precious metals, which directly led to the outflow of precious metals!

For example, the reason why Hu Zhenhua deposited his money in foreign banks was to avoid risks.

Charlie's eyes flashed with a terrifying cold light, and his cold voice rang out in the office again.

"Report this to the Central Bank immediately. The Magic City Commercial Savings Bank has violated government regulations by illegally holding and lending silver dollars! They must be severely punished!"

The assistant looked bitter and replied,

"Mr. Charlie, the Magic City Commercial Savings Bank does not hold or lend silver dollars. They use banknotes from more than a dozen of our banks!"

"what!"

Charlie opened his mouth wide, feeling as uncomfortable as if he had swallowed a dead fly. After a long while, he said angrily,

"The Magic City Commercial and Savings Bank is treating us like a free vault!"

"Mr. Charlie, I'm afraid that's the case!"

Charlie slammed his fist on the table again.

"My darn thing!"

He wanted to curse someone, but he couldn't find anyone to curse at!

Charlie can indeed continue to report the Magic City Commercial Savings Bank, but after the government confiscates those banknotes, it will definitely come to the major banks to take away the precious metal currencies.

Once this happens, people will be afraid that the government will withdraw all the silver dollars and will definitely run a bank run.

By then, all the major foreign companies might go bankrupt!

This means killing eight hundred enemies and losing one thousand of your own!

No sane person would do this unless they wanted to die together.

At the critical moment, you have to come forward to protect the Magic City Commercial Savings Bank.

Wrong!

So frustrating!

Charlie grabbed a valuable piece of porcelain from the antique display case and threw it to the ground with a bang!

"Zhu Xiaoquan, I'm not done with you!"

Charlie ripped open his collar and gasped and shouted,

"Immediately notify all account managers. Stay awake tonight and visit the factories that have received orders to get the loans back! The Magic City Commercial Savings Bank has already set an example for us, telling account managers that Huifeng will also receive commissions on loans, but the suppliers' money must also remain with Huifeng!"

The assistant felt something was wrong and immediately reminded,

"But we have an agreement with other foreign companies, what if?"

Charlie roared,

"There's no such thing as a surprise. Morris might have already taken action. The market share is so huge. If we're slow, we won't even be able to drink the soup!"

Charlie stared with red eyes and shouted,

"Take action, now! Immediately!"