Chapter 59: Failure of the Gold Yuan Reform

He Yuzhu's words immediately offended Yan Bugui and Jia Zhangshi.
Jia Zhang thought of her husband, and Yan Bugui thought he was cursing that he would die like Old Jia, and they all looked at He Yuzhu angrily.
But before they could say anything, He Daqing beside them spoke up.

"What nonsense are you talking about, you little brat?

What happened to your uncle Jia was just an accident. Old Yan is in good health. How could he die suddenly?
Why don’t you apologize to your Uncle Yan and Aunt Zhang?

Old Yan, Mrs. Zhang, Zhuzi is still young and hasn't experienced anything, so don't bother with him."

After He Daqing finished speaking, Yi Zhonghai also tried to smooth things over.
"Okay, I think Zhuzi didn't mean it. You two are grown up, why are you still arguing with a child?

You too, Zhuzi.
How can you say such a thing? Apologize to Lao Yan and the others immediately."

Seeing that they were both helping him, He Yuzhu followed suit and said,

"Uncle Yan, Aunt Zhang, I'm sorry.

I was thinking that I would have to go to work tomorrow, so I wanted to go to the bathhouse and just said it casually. I really didn't mean anything else.
You can't be angry with me,
It's not worth it to get sick from anger."

Seeing the three people singing the same tune to cover their mouths, Jia Zhangshi and Yan Bugui's old faces turned red.

But he couldn't do anything about He Yuzhu.

But after He Yuzhu made such a fuss, the group dispersed.

As the news that the Bureau of Secrets will conduct random inspections continues to spread,
The common people could not hold gold and silver for a long time, and they were also worried that the gold yuan coupons in their hands would gradually become waste paper, so they spent money to hoard supplies regardless of the consequences.

As a result, the prices of opium and silver also began to soar.
In order to meet the trading needs of some businessmen, gold bar exchange business even appeared on the black market.

But these have nothing to do with He Yuzhu.
Since the bounty on him came out,

Whether on his way to and from get off work, or among his colleagues in Fengze Garden, or even in the Eight Great Hutongs, he could always hear people talking about the increasing bounty.
And as the rush to buy intensified,

There are more and more people.

This made him completely give up on the next step and just work obediently for a month.

Time enters July,
At the beginning of the month, the Jinling Executive Yuan promulgated the "Supplementary Measures for Improving Economic Control", "Amendments to the Measures for the Issuance of Gold Yuan Certificates" and "Amendments to the Measures for the Handling of Gold, Silver and Foreign Currency Owned by the People".
Officially acknowledged the failure of the Gold Yuan reform.

As the economic situation becomes increasingly sluggish, the number of visitors to Fengze Garden has been reduced by more than half compared to the beginning of the month.
The chefs' work has also become easier.
There is a lot of free time.

At this time, the chef, waiter and Luan Xuetang were all gathered in the front hall, discussing the contents of several notices they had just seen on the wall newspaper.

"Boss, this [8.19 price limit order] has already been played out,

Why is it that the "Supplementary Measures for Improving Economic Control" still says that grain should be traded at market prices and freely transported and sold?

Isn't this just taking off your pants to fart? It's a waste of time!"

"Hey!

We said some time ago that the price limit order was over, that was because Mr. Jiang couldn't do anything about Mr. Kong and Mr. Du, which led to rising prices.

But this is just what we ordinary people say.

The master above did not admit it.
So the bank's exchange rate was still 1 silver dollar to 2 gold yuan notes, and even if the teachers put up banners, their salaries and benefits did not increase by a cent."

"Since the masters do not recognize it, then why issue these three notices?
First, the price limit order was cancelled, then the teachers' salaries and benefits were adjusted, and now ordinary people are allowed to hold real money.
This is just slapping yourself in the face."

"You think they want to do it, they have to do it."

Hearing what Luan Xuetang said, all the employees of Fengze Garden looked at him curiously.
"Boss, is there anything going on here?"

Then Luan Xuetang nodded.
"A few days ago, people in Nanjing also robbed food, and the Executive Yuan even issued a martial law order.

Out of curiosity, I went to Mr. Yao to inquire about the situation. "What did Mr. Yao say?"

"I heard from Mr. Yao that the scale of grain looting in Nanjing is much larger than that in Peking.

Dozens of grain stores were robbed of a total of 5 to 60 kilograms of grain.

Even if each person carried one bag, there would still need to be more than 1 people participating, not to mention that it was impossible for each person to carry 50 kilograms of food.

Compare this with the situation in Peking.

You can imagine how many people in Jinling participated in the food grab."

Hearing this, everyone present nodded in agreement, recalling the chaotic scenes of food grabbing that had occurred from time to time in Peking over the past month.
"Let alone 50 kilograms of food, it would be good if we could grab 10 kilograms.

Most people only weigh 3 or 5 kilograms.

By this calculation, at least 10 people in Nanjing participated in the food grab.

Moreover, robbing food is not only a physical job, but also very dangerous. If you are not careful, you will lose your life.

Apart from the breadwinner of the family, the elderly, the weak, women and children simply cannot do it.

This means that nearly 10 families, at least half of the people in Jinling City, will participate.
No wonder the Executive Yuan imposed martial law.

If they can’t control this, President Jiang will probably be overthrown by them.”

"So, the masters above are afraid,

In order to restore order, they had to officially lift price restrictions and allow ordinary people to hold gold and silver.
As for increasing teachers’ salaries, that’s just a side job.”

After understanding the whole story, the chefs immediately despised the officials who were afraid of death.
I don’t know where their ruthlessness in making money has gone.

However, although everyone despises those officials, it does not prevent them from supporting the three documents issued by the Executive Yuan.

"Shopkeeper,

The 1:10 exchange rate between gold yuan and silver yuan stipulated in the "Revised Regulations on the Issuance of Gold Yuan Notes" was much lower than the exchange rate on the black market in Beijing.

You see, why don't we first exchange all the gold yuan notes we have for gold bars and dollars?"

"It's definitely going to have to be changed.

Paper money is unreliable, it is more reliable to hold real gold and silver in your hands."

Seeing that Luan Xuetang also had this idea, Guo Youzhong suggested,

"Shopkeeper,

Anyway, our Fengze Garden has not had much business recently, so I think it would be better for everyone to go to the bank and exchange their gold yuan notes for silver dollars.

With real money in my pocket, I feel at ease. "

Luan Xuetang was also planning to go to the bank to exchange money, so he did not reject Guo Youzhong's proposal.

"Yes, it is OK.
But do you have any money with you? If you go home to get it, you will be late for work!"

When Luan Xuetang said this, he turned and looked at He Daqing, who lived the farthest away. The meaning was self-evident, he wanted him to look after the house.

He Daqing was also a smart man, so he naturally understood what he meant.
"Boss, it doesn't matter if Zhuzi or I go.
Then let Zhuzi go with you, and I will stay behind with Xiao Wang and the other apprentices.

If there are guests, someone has to entertain them."

(End of this chapter)