Beiyang reactionaries

But also understandable.

Because that is the Suzuki shop, the Suzuki Zaibatsu.Suzuki Shoten (Suzuki Zaibatsu) grew from being one of the eight major traders in Kobe in the early Meiji period to gradually getting involved in many industries such as camphor, sugar, flour, steel, tobacco, beer, insurance, shipping, shipbuilding, dyes, electricity, railways, and rayon. It is a large consortium with as many as 65 companies with an asset scale of more than 500 million yen and an annual turnover of 16 billion yen in its heyday.

Even for a period of time, it was considered to be a new chaebol with three old chaebols, Mitsui and Mitsubishi.During World War I, the Suzuki Zaibatsu developed even more rapidly.Even the performance once severely overwhelmed Mitsui & Co., Ltd. and Mitsubishi Corporation, and the scenery was infinite.It's just that with the end of the First World War, the excessive investment scale, excessive profit expectations, and highly speculative development model have plunged the Suzuki chaebol into a great crisis.

Fortunately, good luck.

When they were struggling with a large amount of debt, the Great Kanto Earthquake broke out in 1923.The Suzuki chaebol took advantage of the government's disaster relief opportunity, not only postponed the debt repayment period, but also dumped many useless bonds to the Bank of Japan, and obtained a large amount of disaster relief loans from the bank.Finally, he took a breath and survived.Don't look at the Suzuki chaebol who can't breathe because of debts, but from the outside, the Suzuki chaebol is still the top chaebol in Japan.

Now the Suzuki chaebol just dumped some flour mills that lost money in China, so why all the fuss.

"My lord, you don't know. Ever since Suzuki Store sold their flour mill in China to Baoxing Group, there have been rumors outside. It is said that Suzuki Store sold them at a low price because they could not pay the due debts." property in China."

"What about now?"

"The creditors in Taiwan have blocked the doors of the Suzuki store one after another since the day before yesterday, demanding that the Suzuki store pay back the money. The news from Tokyo is the same in China. A large number of creditors have already occupied the Suzuki store. .”

Izawa Takio frowned.

Suzuki shop?

A very powerful chaebol, but he needs his subordinates so eagerly.Anyway, after the end of the First World War, due to the bad economy in Japan, numerous bankruptcies occurred in Japan.

In particular, in order to restore relations with European and American countries, Kato Takaaki ended the Japanese government's practice of devaluing the currency in order to increase exports.Instead, they began to recycle currency, hoping to stabilize the value of the yen.

Because after this period of time, Takaaki Kato found that the practice of devaluing the yen did not have much benefit.It offended the European and American powers politically, but did not benefit economically.It is better to stabilize the value of the yen and let the yen become one of the international currencies again, which is more powerful.

However, Kato Takaaki's approach has brought greater "harm" to the already bad Japanese economy.The decline in the money supply in the market has dealt a severe blow to Japanese companies, which are already difficult to finance.So bankruptcy is not uncommon.Now that Reijiro Wakatsuki is serving as the prime minister, he is still taking the approach of Takaaki Kato, which is to tighten money and stabilize the value of the yen.

"Speak the key."

Izawa Takio was a little impatient.

Something big must have happened, that's why my subordinates are so anxious.

"Yes. Just now Bank of Taiwan rejected Suzuki Store's loan proposal and refused to participate in Suzuki Store's debt restructuring. Before I came here, the news had already spread. If there is no bank rescue, Suzuki Store will inevitably go bankrupt."

"go on."

"My lord, once the Suzuki store goes bankrupt, the Bank of Taiwan will also be in danger."

"how?"

"The disaster relief loans issued by the Bank of Taiwan last year had more than 8000 million bad debts. Among them, the Suzuki Store alone had about [-] million. In addition to the disaster relief loans, the Suzuki Store has more than [-] million loans from the Bank of Taiwan in recent years. The Bank of Taiwan this time The rejection of Suzuki Store’s loan proposal is because the Bank of Taiwan itself has been unable to provide the funds that Suzuki Store needs. And once Suzuki Store goes bankrupt, so much money cannot be recovered, and the Bank of Taiwan will definitely close its doors.”

Izawa Takio became very serious at this time.

The Bank of Taiwan, which is the central bank of Taiwan, is the bank that has the right to issue currency in Taiwan.But after all, Taiwan is only a small place with a population of 400 million, and the strength of the so-called central bank is also limited.It has been able to sit firmly on the Diaoyutai all along because of the support of Japan behind it.But now that there are so many bad debts, they will definitely die by then.If the Bank of Taiwan is forced to close due to the Suzuki store, the entire financial market in Taiwan will collapse by then.

It will even affect the Japanese financial industry.

Although Japan has done a lot of precautions to prevent the colonial finance from affecting the domestic finance.Japan allows the Bank of Taiwan to issue an independent currency, which can be exchanged with the Japanese yen but cannot be used in common use. The purpose is to prevent the economic crisis in the colonies from affecting Japan's local finance.But this is only theoretical.

The Bank of Taiwan wants to gain a foothold in Taiwan, and has deep ties with many financial institutions and businesses in Japan.They also have a lot of money with each other.This inextricable connection is inseparable.

I dare not say that it affects the whole body, but the impact will definitely not be small.

"Damn."

Izawa Takio was completely unable to sit still at this time.

In the past two years, Taiwan's economy has not been good, and the search has been serious, which has caused great dissatisfaction among the Taiwanese people.If Taiwan's financial industry collapses at this time, it will make things worse for Taiwan's already bad economy.

If Taiwan's economy collapses, there will be more and more resistance forces on Taiwan's side.Just like the current Korean peninsula, there will definitely be major riots.

This would be too much of a blow to Japan.

"The Bank of Taiwan cannot fail. Send a telegram to the cabinet, asking them to issue an imperial order as soon as possible, urging the Bank of Japan to rescue the Bank of Taiwan."

Now only the Bank of Japan can save the Bank of Taiwan, and Takio Izawa knows this very well.The bankruptcy of a top chaebol like the Suzuki Zaibatsu has involved more than just the Bank of Taiwan as a financial institution.It is estimated that many financial institutions in Japan will also be affected, and many financial institutions will go bankrupt.

"Yes."

"Be quick. As long as the Suzuki store is closed, the Bank of Taiwan will be implicated within a few days."

494

"Prime Minister, it's not good."

"how?"

Reijiro Wakatsuki has a big head.

Ever since Kato Takaaki was assassinated and he became the Prime Minister of the cabinet, Wakatsuki Reijiro has never had a day of peace of mind, he has been busy every day, and he dare not rest at all every day.Because after becoming the prime minister of the cabinet, a lot of things followed.

Every thing is very important, and it is related to the future of Japan, and every thing makes Wakatsuki Reijiro cautious.Did not dare to have any carelessness.

Recently, Reijiro Wakatsuki has only one thing that worries him the most.That is the war on the Korean peninsula.It has been half a month since the battle of Hyesan County started again, but the Japanese army, which was in a hurry before, did not progress smoothly this time.After readjusting the line of defense, although the Korean Independence Army was still not an opponent of the Japanese army, it did not allow the Japanese army to break through the line of defense at will.

Because Ge Jingen turned the original wide and shallow defense line into a large and deep circular defense line.Give full play to the firepower advantage of the Korean Independence Army.

In the end, it led to a stalemate in the war.

This is not what the Japanese army wants.Because after the stalemate on the battlefield, the advantage of the Korean Independence Army came out.One is the convenience of logistics. The logistics materials, weapons and ammunition needed by the Korean Independence Army are very sufficient.The Chinese side is continuously sending them all kinds of needed logistical materials, all kinds of needed weapons and ammunition.

Another advantage is that it has a large number of artillery.In order to support the Korean Independence Army, there are more than 1 troops of heavy artillery units and infantry artillery units on the Chinese side in Hyesan County.

In terms of artillery firepower, the Korean Independence Army is even more powerful than the Japanese army.Such a stalemate caused the Japanese army to spend a lot of money.Japan's finances are getting more and more difficult.

And at this time, the Suzuki Zaibatsu, which can be compared with the Mitsui consortium in Japan, went bankrupt, implicating a large number of Japanese financial institutions, as well as Japanese industries and commerce.Because the Suzuki chaebol is involved in too many industries, with an annual turnover of more than one billion yen.His collapse has affected countless financial institutions.

Even the Bank of Taiwan is already on the verge of bankruptcy.

The Governor-General of Taiwan asked the cabinet for help, hoping that the cabinet would urge the Bank of Japan to rescue the Bank of Taiwan.Wakatsuki Reijiro knew that once the Bank of Taiwan went bankrupt, it would be a huge blow to the entire Japanese finance.Because the Bank of Taiwan is the "central bank" of Taiwan, it gained a foothold in Taiwan with the support of Japanese financial institutions.

At present, the confidence of the Japanese financial community has dropped to the bottom. If the Bank of Taiwan goes bankrupt, it will immediately destroy Japan's financial confidence.It may even cause a financial tsunami in Japan.

Reijiro Wakatsuki understood this very well.So after receiving the telegram from the Governor of Taiwan, the cabinet quickly asked the Bank of Japan to provide 2 million yen in special financing to save the Bank of Taiwan.

It's exhausting to deal with these things.

Now seeing Naoto Kataoka running over panting, Wakatsuki Reijiro immediately frowned.What happened again that made Zang Xianggang Naoun so anxious.

"The Privy Council, the Privy Council has rejected our special financing plan."

"Veto our plan?"

Reijiro Wakatsuki was taken aback.