The First Warlord of the Republic of China

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In order for spn to crash the stock market, two elements are needed, one is the capital chain, and the other is the confidence of shareholders.

But when the funds are sufficient and everyone thinks that the stock will rise, people will scramble to buy the stock, so that the stock price will continue to rise.

When the capital chain is broken or stockholders completely lose confidence, the stock market will collapse.

At this time

Speaking of which, Jiang Yu hung up the phone and made a direct call to Beijing.

At this time, Yuan Shikai was still asleep. After receiving Jiang Yu's call, he thought that Jiang Yu wanted to discuss Qingdao's issue with him, but Jiang Yu and him discussed the stock issue.

"What! The railway stocks fell? Ask the central government to rescue the market?" Yuan Shikai's eyes widened suddenly, and he asked in disbelief: "Ziheng, it's not like you haven't seen the rubber stocks back then."

When rubber stocks collapsed in the first 10 years, the Qing court foolishly ran to save the market, but failed to save it, and instead threw millions of taels into it.

"The President didn't know that the Qing government's rescue of the market failed because of insufficient capital investment. Although it seemed that millions of taels were lost, the failure of the rescue resulted in the bankrupt bankrupt, and on the contrary, tens of millions of taels could not be recovered." Jiang Yu was thinking of a way to prepare for the center of the pit.

Yuan Shikai said suspiciously: "It's impossible for Huadong Bank to go bankrupt in this stock market crash! And now the central government still owes you a huge amount of debt, what money should we use to rescue the market?"

"If there is no money, our East China Bank can lend another sum to the central government. After all, only the central government can save the market. Think about it, President! If the stock market collapses, all twelve railway companies will lose funds, so they are still building The railway has to be shut down. Once the railway is shut down, it will cost a lot to start it again. By then, the railway will not be repaired, and the spine will not be poked! And now that the Europeans are busy with the war, the prospects for the income of railway transportation It’s very good, and the central government won’t lose money by borrowing money to rescue the market!” Jiang Yu began to tell Yuan Shikai to “motivate him with emotion and understand him with reason”.

"This...let me think about it carefully." Yuan Shikai didn't understand finance, let alone this big game played by Jiang Yu, but he was still very cautious and didn't agree.

"President, think about it as soon as possible. If this matter is delayed for a long time, it will definitely change." Seeing Yuan Shikai's reluctance, Jiang Yu could only urge him.

After the two parties hung up the phone, Jiang Yu made another call to Song Jiaoren's Prime Minister's Office.

Song Jiaoren was already asleep, but was woken up by Jiang Yu's phone call. Knowing that it was Jiang Yu who called him, he didn't dare to neglect, and hurried to answer the phone.

In contrast, Song Jiaoren is much more foolish. After Jiang Yu analyzed it, Song Jiaoren couldn't help but nodded and said: "This matter is indeed of great importance. It is not only related to the development of China's railways, but also deeply related to the property of the people."

Song Jiaoren naturally knows about the madness of railway stocks. Now all over China, even farmers are spending a lot of money to entrust others to help buy railway stocks.

Once a stock market crash occurs, not only the landlords and businessmen will suffer heavy losses, but even ordinary people will suffer heavy losses.

On the second day, the Shanghai Stock Exchange continued to open for business, and the stocks of the twelve railway companies continued to decline. At this moment, a group of newsboys rushed into the stock exchange.

"Outside the number, outside the number, General Dingguo appeals to the central government to rescue the market."

"Outside the number, outside the number, General Dingguo appeals to the central government to rescue the market."

Anxious shareholders heard this voice, and they were suddenly refreshed as if they had eaten an ice cream in the dog days. The confidence that was gradually disintegrated seemed to be re-established.

In Beijing, however, a debate over whether to save the city is unfolding. (to be continued)