Beiyang reactionaries

On September 1925, 9, all the famous newspapers in Japan wrote that the Tokyo Watanabe Bank was about to go bankrupt.

Say you are bankrupt, even if you are not bankrupt.

In a short period of time, a large number of people ran on the Tokyo Watanabe Bank.Tokyo Watanabe Bank really has no liquidity. They have turned to the Ministry of Finance for help before, hoping for the support of the Ministry of Finance.Had it not been for the help of the Ministry of Finance, Kataoka Naoun would not have known about the Tokyo Watanabe Bank.However, the Ministry of Finance has not had time to discuss how to rescue Tokyo Watanabe Bank, because of Kataoka Naoto's words in the House of Representatives, it began to be run on.

Without money, the Tokyo Watanabe Bank has no liquidity at all.So Tokyo Watanabe Bank announced it was closed on the first day of the run, and they simply had no money to exchange.However, the situation is very bad with the closure of Watanabe Bank in Tokyo.

why?

Because the Tokyo Watanabe Bank is not small, it has money transactions with many other small and medium-sized banks.In the past two years, Tokyo Watanabe Bank has been short of money, so it has borrowed a lot of money from some small and medium-sized banks.Everyone still trusts this bank, so they lend a lot of money to them.Now that Watanabe Bank in Tokyo has collapsed, these banks are immediately implicated.

On September 1925, 9, in just four days, eight banks followed the Tokyo Watanabe bankrupt.A spectacular financial crisis took shape in Japan.

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Japan in 1925 was really eventful.

After entering 1925, Japanese businessmen and Japanese goods retreated steadily in the Chinese market, and the factories built by Japanese businessmen in China for decades could only be sold at low prices to the Chinese government or Chinese businessmen.Over the past few decades, Japanese businessmen have invested so much money and built so many factories, all of which have been snatched away by China.In the past, Japanese goods could be sold to China for hundreds of millions of silver dollars every year, and Japanese goods have definitely been rampant in the Chinese market for many years.But after entering 1925, it almost tended to zero.

Losing the Chinese market will definitely hit the Japanese economy hard.If the failure of Japanese businessmen in China and the defeat of Japanese goods in China are added up, the loss is staggering.

How much is the current GDP of Japan?

Of course, there is no accurate concept of the so-called GDP, but later everyone calculated that Japan's GDP at this time was about 130 billion yen.In the past two years, the Japanese economy has not been good. Not only has the economy not developed, but it has been retreating.The annual GDP is estimated to be around 100 billion yen, about 30 billion US dollars.

Losing the Chinese market and losing hundreds of millions of yen a year, how can the Japanese economy not be hit.

The North Korean riots that began at the beginning of the year have severely hit Japan's politics, economy, and military.Because the North Korean resistance forces turned the whole of North Korea upside down, mainly because it greatly damaged Japan's construction on the Korean peninsula.Japan's mining industry on the Korean peninsula was destroyed by them.Originally, Japan was able to mine a lot of iron ore, coal mines, and copper mines from the Korean Peninsula, but the Korean Peninsula was in chaos, and these factories were directly destroyed by them, and these resources could not be plundered from the Korean Peninsula.It can only be purchased from China by spending a lot of money every year.Between this and that, it was also a loss of hundreds of millions of yen.

In order to end the Korean rebellion, a large number of Japanese troops joined the Korean rebellion.From the beginning there were only the [-]th Division and the Military Police Division, but now there are the Second Division, the Third Division, and the Fifth Division.

So many troops went up and spent a lot of military expenses.

The war went on and on, especially the stalemate in Huishan County, which dealt a great blow to the morale of the Japanese army.Even a small Korean Independence Army that had just emerged, the Japanese army could not take it down in a short time.

Many people look down on the Japanese army.

The longer the time, the better for the Korean Independence Army.Because the fear in the hearts of the Korean Independence Army slowly disappeared, coupled with the support of the Chinese artillery unit, the Korean Independence Army became more and more confident in defending the Hyesan line of defense.

Japanese army?

Nothing more than that.

Not to mention, on August 1925, 8, an army rebellion occurred in Japan.A group of young military officers killed a large number of Japanese political leaders, causing chaos in Tokyo and Japan.During the rebellion, Japanese Prime Minister Takaaki Kato also died.

Reijiro Wakatsuki became the new Prime Minister.

但根本没几天时间。若槻礼次郎的位置也是岌岌可危。1925年9月12日随着日本三大财阀之一的铃木商店破产，连累了日本大批的工商业公司跟着破产。1925年9月17日，因为没能够得到日本银行的支持，台湾银行宣布破产。更严重的是，两天之后的1925年9月19日东京渡边银行破产关门。1925年9月21日，短短三天时间之内，日本就有八家中小银行跟着破产。

This is not the end.

Within three days, twelve more banks failed.Large-scale bank failures have become a reality, and the entire Japanese financial community is in turmoil, and everyone is in danger.Everyone is concerned about who will be the next bank to fail.

Because in less than a week, 21 banks in Japan have gone bankrupt.These 21 banks account for about 5.00% of Japan's national savings.

With so many banks failing, the Japanese economy is in complete disarray.

The financial crisis came with a ferocious momentum.

"Prime Minister, the news just came from Tokyo."

On October 1925, 10, Yan Shichao came to Duan Xun's office.

Even Duan Xun was dumbfounded when he saw the situation in Japan.Although Duan Xun knew that Japan's finances were very fragile, he did some tricks during the collapse of the Bank of Japan.If there were no external thrust, the Japanese banking crisis would not have erupted so quickly and violently.

Half of the rumors in Japan and Taiwan are spread by Chinese intelligence agencies.

But Duan Xun did not expect Japan's finances to be so fragile.Not too bad, so many banks have gone bankrupt in a short period of time.And judging from the current situation, the wave of bankruptcies of Japanese banks has just begun.

Because banks across Japan are facing a massive run.Not to mention those small and medium-sized banks, even those big banks in Japan have also been run on.Which bank will fail next?

"Wakatsuki Reijiro has fallen, hehe."

Duan Xun looked at the telegram and shook his head.

The changes in Japan's political arena are so fast that Duan Xun is too dizzy to watch, and so fast that Duan Xun doesn't even know what to say.How long has it been since Kato Takaaki was killed, and the Wakatsuki Reijiro cabinet will also fall.

But Duan Xun has long been mentally prepared for this.Because such a serious financial crisis broke out this time, how could the Wakatsuki Reijiro cabinet survive it.

In particular, one of the triggers of the financial crisis was Naoto Kataoka's slip of the tongue.It was precisely because of Naoto Kataoka's slip of the tongue in the House of Representatives that the Bank of Tokyo Watanabe went bankrupt and brought about the current consequences.

At present, the Japanese media are laughing at Kataoka Naoun.It is said that he is the stupidest prime minister and the stupidest cabinet member in Japanese history.Under such circumstances, how could the Wakatsuki Reijiro cabinet not collapse.

The content of the Tokyo Telegraph is simple. On October 1925, 10, Reijiro Wakatsuki announced his resignation as Prime Minister of the Cabinet, and Reijiro Wakatsuki's cabinet completely collapsed.

"Minister Yan, what will happen to Japan next?"

"Prime Minister, the Wakatsuki Reijiro cabinet collapsed. According to the Japanese cabinet formation procedure, the second largest party in the parliament, the Seiyukai, will form a new cabinet. The president of the Seiyukai will serve as the new cabinet prime minister. The current president of the Seiyukai is Tanaka. Yoshiichi, which means that the next cabinet will be formed by Tanaka Yoshiichi."

"Tanaka Yoshiichi?"

"Yes. Prime Minister, this is the information of Yoshiichi Tanaka and some of his claims in public."

Yan Shichao handed over the sorted materials of Tanaka Yoshiichi to Duan Xun.

In fact, since Duan Xun regards Japan as one of his biggest enemies, he still has some understanding of the big shots in Japanese politics.Including this Tanaka Yoshiichi.

But the detailed information is not in hand.

Therefore, after taking the materials handed over by Yan Shichao, he carefully looked at the materials of Tanaka Yoshiichi.Tanaka Yoshiichi was an important figure in Japanese politics in history.Duan Xun has forgotten who, and it is impossible to forget the big guy Tanaka Yoshiichi.

The originally well-developed Japanese party politics has completely changed with the appearance of Yoshiichi Tanaka.With the great development of Japanese militarism, Yoshiichi Tanaka is definitely a character who can be capitalized and close-up.

He wantonly suppressed the parliament, developed the special police, and slowly undermined Japanese party politics.There is also the "Jinan tragedy" that blocked the Northern Expedition, all of which appeared in the hands of Tanaka Yoshiichi.

"What do you think Tanaka Yoshiichi will do next if he forms a cabinet?"

"Prime Minister, it will not be easy to stabilize the position of Prime Minister after he takes office. Now that the Japanese bank is in crisis, it is estimated that not one or two banks will go bankrupt. The major banking crisis will inevitably affect the development of Japan's industry and commerce, and it is estimated that industrial and commercial companies will die. Not just one or two. Just dealing with this is not something that can be done in a short while. And although he formed a cabinet according to the procedure, his Seiyukai is only the second largest party after all. Even if the Wakatsuki Reijiro cabinet falls, as long as If Reijiro Tsuki targets Yoshiichi Tanaka, Yoshiichi Tanaka’s Political Friends Association will not have an advantage in the parliament and will definitely be restrained. At that time, many policies of Yoshiichi Tanaka’s cabinet will not be passed in the parliament. Just these two issues, Yoshiichi Tanaka It’s not an easy thing to deal with.”

"Yes."

Duan Xun nodded.

Tanaka Yoshiichi is now in office, and a lot of things are waiting for him to deal with.Economic issues aside, it will not be easy for him to secure his position as prime minister.

Because his Political Friends Association is the second largest party after all, and it does not have an advantage in the parliament.Wakatsuki Reijiro is a veteran politician. Although he has fallen this time, he will definitely not let it go.

There will certainly be another battle in parliament.Duan Xun looked at Yan Shichao and said, "If the council always restrains Tanaka Yoshiichi, how do you think Tanaka Yoshiichi will react."