Home Categories political economy Currency Wars 3: The Financial High Frontier

Chapter 47 "Suppressing the Communist Party" was short of money, Chiang Kai-shek "violently beat" Song Ziwen

In the autumn of 1933, Chiang Kai-shek's life was not easy.At the beginning of the year, Japan annexed Rehe and regarded North China as a tiger, and its intention to launch a war of aggression against China was clearly revealed.The national anti-Japanese voice made Chiang Kai-shek, who insisted on "to fight against the outside world, to settle the inside first", quite passive. The "Tanggu Agreement" at the cost of recognizing the Japanese occupation of the three eastern provinces and Rehe, in exchange for a temporary truce between China and Japan, but Chiang Kai-shek was drowned in the condemnation of the whole country.

Between internal and external troubles, he understands that he cannot "win two wars at the same time". Who is his main enemy?He is convinced that no matter how powerful Japan is, no matter how powerful the Japanese army is, it is impossible to completely defeat China and directly turn China into a Japanese colony.In his mind, it is impossible for the British and American powers to allow Japan to dominate China, and Japan’s economic and military machinery, if there is no supply of raw materials and energy from Britain and the United States, and the opening of the world market to Japanese products, the seemingly powerful power building of the Japanese Empire will be destroyed. It collapsed in an instant.Therefore, if Japan goes too far, Western powers will definitely stop it.Therefore, foreign diseases are nothing but scabies.

However, the nature of the "communist bandits" is different. The Central Soviet Area they established at the junction of Jiangxi, Hunan, and Guangdong provinces is actually called the Chinese Soviet Republic, which is "a country within a country"!What Chiang Kai-shek hated the most back then was "the party within the party", which divided people's hearts and morale, and seriously hindered his road to centralization. Since the "April 12" coup, it was originally thought that the "party trouble" of the CCP would be completely wiped out, but now it has occupied more than 60 counties in the three provinces of Jiangxi, Fujian, and Guangdong, with a population of more than 3 million. The "Qing Party" became a "suppression of bandits".What shocked him in particular was that from 1930 to 1933, the national army encircled and suppressed thousands of "rogue bandits" four times and all failed. More than ten thousand people.Chiang Kai-shek knew very well that the real threat to the CCP lies in its fatal challenge to its ruling foundation and core of power. This is a war between the very few rich people and the vast majority of the poor.When the vast majority of the poor are unorganized and unorganized, it is not a big problem, but when the CCP, with its strong organizational capabilities, wakes up and organizes the vast majority of the people, it is simply a nightmare that cannot be woken up!Therefore, the internal worries of the "communist bandits" are the serious worries.

However, most of the core members of the Kuomintang could not understand the essence of their strategy of "to fight against the outside world, we must first settle the inside." Even his brother-in-law Song Ziwen jumped out and publicly advocated the priority of anti-Japanese, and even believed that "communist bandits" were a political issue. It is not a military problem, and the military cannot solve the problem at all.Song Ziwen is the recognized leader of the Anglo-American faction in the party. Naturally, the Anglo-Americans do not want to see the situation where Japan dominates China. His brother-in-law has repeatedly expressed fierce anti-Japanese opinions, which won the applause of public opinion, and put himself in a situation of kneeling and betraying the country.What's more, Song Ziwen also vigorously promoted the national fiscal budget system, and held the important positions of finance minister and central bank president, but repeatedly opposed his fifth "encirclement and suppression" cause.At this time, Chiang Kai-shek had already suppressed his anger.

Entering October, Chiang Kai-shek's million-dollar "bandit suppression" army has officially launched a full-scale attack on the Central Soviet Area, and the cost of the war has soared in an instant.Chiang Kai-shek urged Song Ziwen to deal with the military payment as soon as possible, but Song Ziwen always pushed back.On this day, Chiang Kai-shek called Song Ziwen to his own office, and went straight to the point: "The fifth 'encirclement and suppression' order has been issued, and the Ministry of Finance will spend 1.66 million yuan in military expenditure every five days!"

"As the Minister of Finance, I really can't afford that much. The Ministry of Finance is planning to set up a national budget system." Song Ziwen was about to start, but he didn't expect that Chiang Kai-shek would not give him a chance to discuss it. The furious Chiang Kai-shek roared: "Who owns this world? Who is in charge?" Song Ziwen has a well-known family background and has received a Western education, which is also full of personality.After becoming Minister of Finance, he often said to people: "You don't have to worry about food, you don't have to worry about flowers, and you have to worry about poor planning." In fact, this sentence refers to Chiang Kai-shek's blind "suppression of communism" regardless of financial resources.

The battle on the front line is tense, and Chiang Kai-shek is under great pressure. The battle has reached a critical moment, but Song Ziwen proposes to establish a "national budget system". How could he listen to any budget nonsense! Chiang Kai-shek directly launched an attack: "It is because you are not active in the 'suppression of the Communist Party' and do not provide the required funds, otherwise the 'suppression of the Communist Party' has already won!" Song Ziwen threw down his hat and stood up against the table: "Look at you, you fought this battle. You didn't win it, and it was my fault instead. It's really unreasonable!"

"Niang Xipi!" Chiang Kai-shek couldn't bear it anymore, all kinds of disrespect to this noble brother-in-law had already accumulated in his heart, and when he was provoked by these words, his head was furious, and his anger turned to the gallbladder!A heavy slap on the ear directly greeted Song Ziwen's face. Because it came so suddenly, Song Ziwen was stunned by the slap and didn't react for a long time.Song Ziwen grew up so big, how could he suffer such grievances!As soon as he came back to his senses, he picked up the stool and threw it at Chiang Kai-shek. After all, Chiang Kai-shek was born in the army, and his skills were slightly better, so he twisted his waist and bowed to hide.

This is the head of state slapped the Minister of Finance, and after the slap, Jiang Song was still able to unite closely, which shows how strong the cohesion of the family is. Song Ziwen was slapped and resigned angrily, and his brother-in-law Kong Xiangxi succeeded him as Minister of Finance.The official explanation for Song Ziwen's resignation is: "It is difficult to come from the country, the income has dropped sharply, and military and government expenses are about 10 million yuan short per month. Because I can't raise money, I want to go." [1] But the relationship between Chiang Kai-shek and Song Ziwen is " The bones are broken and the tendons are still connected."On the surface, Song Ziwen "dismisses get out of class" and should be honest at home to reflect on himself, but in fact, his energy has not diminished as before, and after "burden reduction", he can feel at ease and "do his job properly".

In fact, Chiang Kai-shek did wrong Song Ziwen a little. Although Song Ziwen was dissatisfied with Chiang Kai-shek's "communist suppression" endless waste of money, he still did his best to help Chiang Kai-shek raise funds.Song Ziwen’s dilemma is that half of the 900 million yuan annual fiscal revenue is spent on wars. The country has long been unable to make ends meet, so he can only borrow money from the chaebols in Jiangsu and Zhejiang, and the chaebols have long complained about Chiang Kai-shek’s militarism. After Kong Xiangxi took office, the Jiangsu-Zhejiang chaebol felt that Chiang Kai-shek's appetite was getting bigger and bigger, and he would only have endless civil wars, so he proposed to Kong Xiangxi that the requirement for bank advances should be reduced, and the bank should not be used as a treasury.Unexpectedly, Chiang Kai-shek was offended by this, and Chiang Kai-shek was going to "shoot the knife" on the bank.

Chiang Kai-shek, who had been a securities manager, was different from those old-fashioned warlords. He had always been soberly aware that in order to succeed in the revolution, he had to hold the gun with one hand and the money bag with the other.At this time, Chiang Kai-shek further realized that it is always easier and more convenient to draw money from other people's pockets than to draw money from his own pockets! In the "financial reform" in 1935, Chiang Kai-shek's face did not recognize anyone, which confirmed this point.Donkeys can be grinded, and donkey meat can also be cooked on fire! Currency control is the main contradiction between Chiang Kai-shek and the chaebols of Jiangsu and Zhejiang. It was revealed as early as during the Northern Expedition. It was the intensification of this contradiction that made him firm in his belief in centralization. Only by walking can financial centralization rule the rivers and lakes.
Press "Left Key ←" to return to the previous chapter; Press "Right Key →" to enter the next chapter; Press "Space Bar" to scroll down.
Chapters
Chapters
Setting
Setting
Add
Return
Book