Shadow Spy

Chapter 301 Coal Industry Association End

On Monday, April 4, the Concession Civil Tribunal was officially inaugurated at the Second Branch of the Suzhou Provincial High Court in Zhejiang Road. The first case to be heard was the case of the Coal Management Bureau of the Ministry of Industry suing the Coal Industry Association for monopoly, which attracted a large number of reporters and citizens. court hearing.

In comparison, the Criminal Court is still hearing criminals arrested for the crime crackdown every day. After hearing it too much, they have become accustomed to it. Now there are many fewer people hearing the trial. Only reporters from the newspaper's newly opened rule of law column insist on hearing it every day. There.Now that the civil courts are open, they are still trying coal cases that are related to people's livelihood, which is of course more attractive.

The trial of the coal monopoly case was surprisingly fast. It only took one morning, and the court hearing and ruling were completed and made public:

"...It has been found that the Shanghai-Hai Coal Industry Association and its 48 affiliated distributors, by virtue of its more than [-]% share of the coal market in the concessions, have repeatedly used methods such as hoarding and manipulating prices to harm the people and seek huge profits...

“According to the relevant provisions of the Concession Industrial and Commercial Administration Regulations, the Coal Industry Association is prohibited from conducting all commercial activities in the concession with immediate effect and is subject to a fine of US$300 million for a period of 24 hours.

"If the coal industry association fails to pay the fine within the time limit, all the assets of the association and its affiliated businesses in the concession will be confiscated by the Coal Management Office of the Concession People's Livelihood Committee to compensate!"

During this trial, the Coal Industry Association, which had been notified long ago, and the directors and business owners did not dare to attend, but hired two German lawyers to respond to the lawsuit. However, the documents presented at the Concession Coal Management Office In the face of tangible evidence, all defenses are feeble...

When the final ruling was announced, two German lawyers protested, saying that since the coal industry association had been prohibited from continuing to conduct commercial activities in the concession, it was an unreasonable ruling to impose a fine... Moreover, the amount of the fine was too high. It is extremely unreasonable, let alone having to confiscate assets after submitting a fine!

However, their protest was of course in vain, and they were only given one day to appeal, which was consistent with the deadline for paying the fine.In other words, even if you want to appeal, you must pay the fine first, otherwise, the guild assets that have been seized and detained will be officially confiscated one day later! ——
When the ruling on the coal case was announced, the citizens of Shanghai and Shanghai were happy to hear it, but the merchants were shocked. The penalty was too severe!It is forbidden to operate in the concession, and there is also such a high fine, and if the assets are not paid, the assets will be confiscated. This is a direct killing and bargain hunting!

The Coal Industry Association, which was rewarded by two German lawyers, was dumbfounded. The concession authorities were too cruel, and they had no choice at all!

Previously, after the Concession Ethnic Affairs Committee issued Announcement No. 48, the association did not allow member firms to re-verify and register, thinking that with the joint efforts of these people, they could check and balance the concession. However, they did not expect that the Ethnic Affairs Committee directly ordered the closure of the association and 12 businesses. The assets within the concession include 214 shared cargo yards and 600 tons of coal stored therein, 500 tons of finished briquettes, and 9 shops.According to the association’s purchase price, 1 tons of coal costs 1100 million yuan, and the production cost of 122 tons of briquettes is 12 million yuan. According to the current exchange market price of 214:178, this [-] million yuan is only equivalent to [-] million US dollars, but that [-] A warehouse and [-] shops can't be bought for only $[-] million!
Now the Concession Civil Tribunal has issued a fine of US$300 million, which is stuck at this critical point. If the fine is paid, the coal and briquettes can be taken away from the concession, but the goods yards and shops cannot be taken away!
However, the ruling clearly prohibits the Coal Industry Association from conducting commercial activities in the concession. These places are of no use to them and can only be sold and transferred. But can they sell so many shops at one time for US$178 million?No one can guarantee it.

After such a settlement, the directors and members of the Coal Industry Association all had the idea that the Concession Civil Affairs Committee must have settled the matter and wanted to drive them out of the concession and occupy their assets!In this case, even if they try to find a way, they may not be able to get anything out!
"Appeal! We want to appeal!" Some people shouted excitedly, and more people looked at the chairman of the association and the director of the Shanghai Branch of Mitsubishi Gas Co., Ltd. Ogiaki Tsering, seeing this man who always insists on tough treatment. What do the Japanese say?

Diqiu Tsering's face was livid at this time. He knew that he had been tricked by the concession authorities this time, and they were completely kicked out!The only benefit this ruling has brought to these people is that the previous monopoly on coal prices in the concession is in the past and will no longer be pursued. They no longer have to stay in the Japanese-occupied area and can use There are other legal reasons for entering the concession. Of course, it is impossible to do coal business in the concession.

He knows very well that now the Japanese official will not go to the concession authorities for them. On the one hand, it is useless, and on the other hand, Japan still relies on the United States for business and trade, and it does not have the conditions to fall out!
It’s over!Diqiu Tsering knew that he was finished. He had lost so many assets and was kicked out of the concession market. The club headquarters would definitely not let him go...

Under such circumstances, how can he be in the mood to care about the people around him? No one can help him, so he should go home and inventory his property. He should hide what should be hidden and let his wife take away what should be taken away. He must leave it for his wife and children in the future. money to live on.

Other Japanese businessmen basically had the same idea and were not in the mood to discuss the matter anymore.

The traitorous Chinese businessmen who had been cheated did not want to accept their fate. They saw that the usually good Japanese businessmen were wilting, but they became more and more angry. The coal and shops they lost were all money!It’s all their own property!How can you accept that it's just gone?
The angry Chinese businessmen couldn't help it. I don't know who took the lead first. They rushed towards the Japanese businessmen and started to take action...

There are only 18 Japanese businessmen, but there are 30 Chinese businessmen. In this fight, of course the Chinese businessmen have the upper hand!
But this is a Japanese concession. In addition to the Coal Industry Association, there are more than a dozen other companies in this building. After hearing their fight, many people came out to watch the fun. Some of the Japanese saw the Chinese businessmen beating the Japanese. People immediately rushed to help, but the employees who were also Chinese did not step forward to help - what the Coal Industry Association did was hateful, and even the Chinese were unwilling to help these coal dealers!
After the farce lasted for more than half an hour, 30 Chinese businessmen were knocked to the ground and then thrown out of the office building by a group of Japanese. This also meant that the trade association that once monopolized the Shanghai and Shanghai coal markets was completely finished!

(End of this chapter)