Chapter 295 In Wuzhou
On September 12, 1911, a vague record was left on the Guangdong local government log. A turbulent storm broke out in Shaoguan, Zhaoqing, Guangzhou and Jiangmen at the same time. As for the cause and process of this turbulence, there was no ink. I only know that the military government mobilized the army to carry out turbulence in the four places, firing more than 300 shots. According to newspaper reports on the 13th, after the incident ended, a total of nine people were shot to death in the turbulence.
However, more than ten years later, when some juniors asked about the elderly this time, the elderly would tell them vividly that when Guangzhou businessmen just walked into the chamber of commerce building and were about to start a speech, the police who had been waiting in the building rushed forward and arrested all of these businessmen.
As for the most serious gunfight, the Da Trading Bank used its foreign gun team to drive away the staff of the United Bank, causing a bank staff to be shot. The newspaper said that the rescue of the bank staff was ineffective, but some people said that the staff was only slightly injured. None of these matters was anymore. The Third Division of the Revolutionary Guangdong Army mobilized three companies of soldiers to besiege these commercial banks that refused to repay their debts, from shops, companies, factories, and all the way to the owner's residence of the merchant boss.
"There are more than nine people who were beaten to death, that's for sure. The Shaoguan River is full of blood, and there were at least twenty bodies carried away by the police. The dead were all the foreign gun teams of the business companies. It is said that many of the family members of the business owners also died."
From September 13 to September 15, many large businesses closed down and did not gradually recover until after the 15th. Shaoguan did not gradually improve until the 19th.
United Bank has played an important role in the aftermath. It has been busy since the 13th. While taking over many forcibly confiscated industries, it also needs to resell these industries to suitable buyers.
***The evaluation of this *** storm is very conservative. Although people rushed to the local government gate to cry every day, only a few large commercial banks were hit hard, and most of the merchants not only did not suffer any losses, but also gained a lot of benefits from it. As a condition for obtaining these benefits, they must unswervingly support any position of the Guangdong military government.
Guangzhou Business Daily made a very obscure comment: Governor Wu used irresistible tough measures to re-divided the power of the Guangdong bourgeoisie. Although this *** storm caused major commercial banks to close for several days, it caused the entire Guangdong Province economy to retreat for five years. However, it is undeniable that this regression laid a solid foundation for Guangdong's rapid development in the next thirty years.
On September 20, just shortly after the *** storm subsided, under the instructions of the military government's Ministry of Finance and the Ministry of Commerce, Guangdong United Bank rectified the banknotes issued by major banknotes in the past and issued new banknotes uniformly. The currency name is tentatively designated as "United Common Coin". Wu Shaoting was not on a whim to issue a new set of banknotes. Long before the Guangdong-Guangxi War began, he was planning to issue unified banknotes.
After research by the Ministry of Finance and the Ministry of Commerce in recent months, the new banknotes were based on the old silver standard of United Bank and mortgaged with the United Bank's inventory of nine million taels of silver as collateral. The initial issuance of five million was first exchanged in larger cities such as Shaoguan, Zhaoqing, Yunfu, Guangzhou, and Dongguan. It is expected that another five million will be issued at the beginning of next year. The Guangdong military government came forward to ensure the legality of the newly issued banknotes, and stipulated that salt tax, customs tax, canal transport tax and agricultural tax will be levied in the future.
The issuance of universal coins was quickly won by the hearts of the people. Banks in various places exchanged and received the exchange, which was convenient for transactions and clear denominations. Other old paper notes were also allowed to be exchanged and recycled in the past.
After the monetary reform, the development speed of all industries in Guangdong has increased significantly. In order to expand the circulation of general currency, Wu Shaoting established Guangxi United Bank in Wuzhou, allowing Guangxi United Bank to issue general currency reasonably. Most of the shareholders of Guangxi United Bank are local gentry in Wuzhou, while Guangdong United Bank holds more than 25% of the shares, Zhang Shengting's company holds 10% of the shares, and the remaining shares are all scattered to the private sector.
The circulation of general currency in Guangxi gave Lu Rongting a heavy blow to the Nanning Military Government. Lu Rongting was an insatiable reckless man. Since he took office as the governor of Guangxi, he has issued six million paper money privately without mortgage or guarantee. These paper money are only exchanged but not withdrawn. Many cash and silver among the people have been plundered.
The general currency with higher credibility and circulation power than Guangxi local banknotes, and soon ran a lot of Guangxi local banknotes. People from all walks of life in Guangxi would rather believe in a banknote from another province than continue to be exploited by the rulers. Not long after, the general currency gradually became a mainstream currency outside the silver ocean in the Guangxi market.
Wuzhou officially completed the handover on September 10th, but until today on the 21st, the Gui army soldiers still had seven battalions of troops, and were slowly moving. Wei Rucon and Li Jishen led a regiment and the teaching regiment drove into Wuzhou City on the 13th. Four gunboats and a torpedo boats of the Guangdong Navy also arrived in Wuzhou from Zhaoqing on the 14th. These five small armed speedboats will be stationed in Wuzhou for a long time. On the one hand, they will control the Wuzhou waterway traffic line, and on the other hand, they are also considered demonstrations.
The seven battalions that the Gui army had not had time to transfer were stationed in the western suburbs of Wuzhou. The First Regiment of the Guangdong Army and the Teaching Regiment occupied the central urban area and the eastern suburbs respectively. Soldiers wearing different military uniforms can often be seen in the streets and alleys, including the Gui army, the Guangdong army, and the miscellaneous soldiers. However, this no longer affects the daily lives of the people in the city. Since the signing of the Armistice Treaty, almost everyone has easily believed in the binding force of the clause. In addition, Guangdong and Guangxi have a sense of supervision, soldiers disturb the people. The market resumes business, factories start construction, schools start classes, farmers farm, and everything returns to normal.
After the Guangdong Army officially took over the military and political power of Wuzhou and carried out the aftermath work in an orderly manner, Wei Rucong successively gave the officers' post-war adjustment holidays in batches. Each batch was rested for one and a half days, and was limited to activities in Wuzhou City.
In the evening of that day, the weather from summer to autumn fell with a cool shower, and Wuzhou City was shrouded in a sense of comfort.
There is an empty two-story building by the Lijiang River. It was originally the real estate of the government, but later it was handed over to the Guangdong Army with Wuzhou. The Guangdong Army temporarily managed Wuzhou in the form of military and political affairs, but sooner or later, the Wuzhou county magistrate would have someone to take responsibility. During this period, the local officials and gentry class and bourgeois figures in Wuzhou kept flattering the Guangdong Army, hoping that the new county government would have a seat. Therefore, the former director of the Transportation Bureau specially decorated the two-story building into a Guangdong Army Officer Club, which was specially provided for officers at all levels of the Guangdong Army to have a leisure and entertainment.
Wuzhou Transportation Bureau has always been a waste of money, because Wuzhou is a major transportation center connected by Guangdong and Guangxi, with water and land routes and water pumping every year is no small part of the year. Therefore, the former director of the Transportation Bureau had enough capital investment. He named the second-story building "River View Villa". Not only did he add a new open-air small garden, but he also converted a large room on the second floor into a cinema. This was a very novel business at that time.
The daily expenses of Jiangjing Villa are counted on the account of the former Transportation Director. Anyone wearing Guangdong military uniforms can enter and exit here, and even the rickshaw fares can be reimbursed.
Chapter completed!