As this incident occurred, in order to prevent similar incidents from being issued again, the Commercial Bank of China recycled all the old banknotes for exchange, then destroyed them, and then commissioned the British HSBC Bank to reprint new banknotes.
Even this time, they specially added a statue of the God of Wealth to attract wealth on the face of the new banknotes to increase the difficulty of imitation.
However, the run caused by counterfeit currency this time had a huge impact on China Commercial Bank, and even caused the bank's deposits and loans to fall to a large extent that year.
Therefore, the dangers of the Japanese forging counterfeit currency are obvious, and they even use this method as an auxiliary means to invade and plunder China's private wealth, and have gained incalculable huge benefits in China.
In addition to the China Commercial Bank incident, a very famous incident also occurred in 1911.
At that time, the tide of the Chinese revolution was surging. The Revolution of 1911 had just set off a raging fire in the land of China. Many forefathers were also carrying out the revolution in full swing on the land of China.
After the liberation of Shanghai, Chen Yingshi, a pioneer of the Kuomintang who served as the commander-in-chief of the Shanghai Guard Army, was in charge of all affairs of the military government in Shanghai.
With the establishment of the military government, it also faced a huge problem, that is, the economic problem of Shanghai. After all, Shanghai at that time was a big city in the Far East. It was also one of the best for China, so one Shanghai was enough.
It affects many people and cities. If Shanghai is unstable, the revolution may even suffer setbacks.
Therefore, the military government established a joint-stock Chinese bank guaranteed by them and assigned supervision to issue short-term military banknotes to meet the needs of Shanghai at that time.
But within a few months, a large number of counterfeit "military banknotes" appeared on the market in Shanghai. This immediately caused panic in Shanghai's financial community, and the credit of the "military banknotes" soon became unstable and depreciated.
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In this regard, Chen Yingshi also conducted a rigorous investigation into the origin of this batch of counterfeit "military banknotes", but in the end the finger was directly pointed at the Japanese government. But how could the Japanese government admit this?
And due to the revolutionary environment and other reasons at that time, in the end the military government could only bite its teeth and swallow the blood into its own stomach. They discovered the "military banknotes" that the Chinese Commercial Bank had discovered in the market.
All of them were recovered and exchanged into coins for the people, and they were immediately stopped from circulation, so this time the efforts were once again in vain.
It is precisely because of the repeated obstruction by the Japanese that China's economy has been developing extremely slowly, and it has even continued to use the silver standard financial system.
However, with the development of capitalism and China becoming a raw material exporter for Western countries, the price of silver quickly dropped. This had a huge impact on China. For example, in terms of government finance, the national treasury
Generally speaking, the biggest loss is from tariffs, because tariffs are used as guarantees for foreign debt reparations.
Moreover, at that time, income was in silver and expenditure was in gold. The principal, interest and compensation of foreign debt that China had to pay each year was no less than 9 million pounds in British gold. If calculated based on the average price of 1 shilling 7 pence in January 1929, 8125, it would be a loss of national currency.
to a huge amount of 31 million yuan.
Therefore, the silver-standard financial system has a huge impact on the national budget and shakes domestic debt credit.
This matter lasted until the 24th year of the Republic of China, when the Kuomintang government launched currency reform and began to use legal tender. Since then, legal tender has officially replaced silver and has been circulating in China.
This time the Kuomintang government also learned lessons from the past, and they also knew that China's level of money printing was too backward, so the Kuomintang government simply entrusted an American banknote printing company to print banknotes for the Kuomintang.
Even everything uses advanced American technology, and a series of high-end materials such as paper and ink are provided by the United States.
And after they complete most of the printing work in the United States, they ship the semi-finished products to China, and then complete the last few key printing steps.
It is precisely because of this set of tedious procedures that the French currency can be considered officially released.
Moreover, this set of legal currency already had watermarks and secret marks, so it could be regarded as a circulating banknote with very advanced anti-counterfeiting technology at that time.
It is precisely because of this that the legal currency issued by the Chinese government can even be exchanged for various foreign currencies at foreign banks and purchased at the same time. It also has a very high credibility and a relatively strong currency value.
However, after the legal currency was issued and circulated, people like Japan, who had taken advantage many times, naturally would not miss this opportunity, so they immediately began the work of developing counterfeit legal currency.
However, this time their progress was somewhat unsatisfactory. The results of the legal currency they printed were very unsatisfactory, and the authenticity could be distinguished by just a little inspection.
This also made the Japanese very angry, but the Japanese were not people who gave up easily, so they became even more enthusiastic about making counterfeit "legal currency".
Moreover, the Japanese also know that they cannot make the Chinese completely surrender on the battlefield, so they can only stab the Chinese economically and make China lose too much blood and collapse without fighting.
Therefore, in 1937, the official name of the Noborito Research Institute in Kanagawa Prefecture, Japan was the "Ninth Army Technical Research Institute". The main task of this research institute was to develop various weapons for espionage or sneak attack operations, including conducting
The institute is engaged in the manufacture of hydrogen balloon bombs, the research and development of biological and chemical weapons, the synthesis of poisons and other secret weapons and military technologies. At its peak, the institute had more than 1,000 people.
At the same time, they also received a top-secret mission, which was to specifically counterfeit legal tender.
The Japanese even sent people to China and set up a secret agency specifically to produce legal currency. The main purpose of these Japanese banknote printing factory backbones coming to China was to manufacture counterfeit banknotes of the main popular currencies in the Chinese market and spread them
Go out, thereby causing the collapse of China's economy, in order to achieve the purpose of killing without blood and making the Chinese give up resistance.
Therefore, there are a large number of counterfeit banknotes appearing in Shanghai. It must be secretly promoted by the Japanese. Therefore, Li Wei naturally pays great attention to this matter. After all, this kind of thing can kill people without blood!