Borrowing money to trade stocks is the most terrifying thing no matter what era you are in. Leverage can kill people!
That night, there were suddenly some lonely men in many taverns in the capital. They had not gone home since the closing, and they were too embarrassed to go home again.
Use the last bit of money you have to go to those meat shops, big wine vats and other places where coolies work, and find a corner to get drunk.
A pound of Erguotou, a plate of pork head, and a luxurious plate of beef. Anyway, we have reached the end of the road, and we must have a better last meal.
Have a drink, sigh, drink one or two, and then cry. The silent sobbing of a man is the most terrifying thing. The boss and the waiters know that these are banner men who have lost everything, so they dare not stop or persuade them. !
The wine was bitter, and my mind was filled with the thought of not being able to survive. My wife's dowry was pawned for three hundred taels of silver, and more than ten acres of paddy fields outside the city were sold for several hundred taels. I also borrowed several hundred taels of usury to collect the money. Got one thousand taels of silver.
I thought I could still make a fortune from the stock market and give my wife a good year, but today I lost half of it in one day!
How great. I have actually made money before. I made two hundred and fifty taels from one thousand taels of silver. Why did I lose all my profits and lose my capital today?
If I had known earlier, I would have sold at the highest point this morning? Regret, regret!
"Why am I living like this? My ancestors entered the Pass from the dragon. When they were at their best, their family had hundreds of thousands of assets, and they were also famous in the capital!"
"What a disgrace to our ancestors. How come we have to borrow money from loan sharks for even a thousand taels of silver? My ancestors, I have disgraced my ancestors..."
The more I drank, the more confused I became, and the more I drank, the more uncomfortable I became. Finally, the owner of the second meat shop turned around and looked, "Hey... He was still here just now? Why did he disappear without paying the bill?"
While he was talking, someone outside suddenly shouted, "Come here quickly... Someone jumped into Longxugou... Hurry up and get someone..."
The owner of the second meat shop ran out and followed the neighbor to rescue the person. When he fished him out, he found that it was the person who had just been drinking in the shop. He jumped into the river and drowned without even paying for the drink.
We had just dealt with a man who jumped into the river, and suddenly a hoarse shout came from deep in the alley next door, and a woman with disheveled hair and bare feet escaped.
"Save people... help people quickly... call a doctor... wu wu wu... my man has swallowed a lot of tobacco cream... help people!"
The disheveled Bannerman aunt sat down on the ground and cried loudly, "What an injustice... What an injustice... Didn't I just scold you a few times? Why can't you think about it..."
"I don't want that golden hairpin anymore. I really don't want it anymore...I won't force you anymore. Why did you just swallow the tobacco ointment..."
The woman howled bitterly, and the neighbors carried the door panel and ran to the pharmacy. The banner man on the door panel was already in a deep coma and unconscious!
"What a crime! What a crime! Who invented this cannibalistic place like the stock market? This is a living hell..." After all, honest and kind-hearted Han people have little capital and courage, and there are not many stock traders, so they are rarely affected.
Seeing this scene, they didn't care about the usual arrogance and bullying of these bannermen. They all felt pity and prayed for him, and tried to help as much as their families could.
In such a short period of time from nightfall to nine o'clock, there were more than 20 suicides in Nancheng alone because of the stock market, and the entire Nancheng was plunged into an atmosphere of terror.
The most disturbing thing is that there was a fight between two people in the family, and the woman was so angry that she hanged herself. But as soon as she was untied from the rafters, she heard a commotion on the street outside.
Dang, dang, dang... the gong sounded, and King Yu's men began to sweep the streets to publicize Long Live Lord's imperial edict.
"All the people in the capital, listen up...the imperial court has refuted the rumors. There is no bad news in the stock market at all. It's all you who are scaring yourselves!"
"The Qing Dynasty, foreigners from all over the world, and the Chinese are well off... Nothing has happened, so don't believe the rumors!"
The former police officers are now called the capital police, and it is Xiao Huang who is in charge of the work of these people. They receive orders to patrol the city, rescue those stockholders who want to commit suicide, and announce the imperial decree at the same time.
Not only them, emergency extra numbers were also released. Newsboys working overtime were all over the street shouting, "Read the newspaper, read the newspaper, extra numbers... The imperial court has issued a decree that within three months, usury and forced loans will be banned in the entire capital!"
"Excuse me, Long Live Lord and Emperor Master Xiao Letian have a close relationship, nothing happens..."
After all, it was too late. Before the news was released to the whole city, more than 20 people committed suicide in Nancheng, and as many as 30 people committed suicide in the inner city. In one night, the capital lost fifty lives because of the stock market!
The mourners wore filial piety belts to announce the news among relatives and friends in the capital. The curfew system did not exist for them. When Mr. Xiao Huang and the others saw it, they could only sigh secretly and get out of the way.
Overnight, countless people came to report the funeral!
The Ministry of Industry was also facing a formidable enemy, and temporarily mobilized craftsmen to gather at the exchange to start work in the middle of the night. The houses were all ready-made, and they were just temporary walls and wooden partitions. As long as the manpower was enough, it could be completed in one night.
From now on, the buying area and selling area of the Jingshi Exchange will be completely on the north and south streets. No one will be next to each other, which will save everyone from fighting.
After all, there are only a few bannermen who commit suicide. Most of the bannermen who have suffered losses actually hope that the imperial court will issue an order to strictly prohibit others from short selling or simply stop trading!
But this idea was abandoned. None of the imperial decrees mentioned prohibiting short selling and closing the market, which made countless bannermen very dissatisfied.
The respectable bannermen still went to the family head to plead for mercy. They hoped that the prince would put more pressure on Long live the Lord. This time, no one paid any attention to them.
Master Qin knelt at the door of the Nuan Pavilion of the palace. Inside, Prince Zheng Chengzhi was teasing and drinking with the palace ladies. He let Master Qin kneel for half an hour before speaking.
"Old Qin! You are also an old man in the palace. You know the rules... When you are running errands for me, you don't allow any mistakes!"
"You lost money in the stock market today. If you don't think about how to make it back, why would you still have the nerve to come here and ask for a beating?"
"Your Majesty..." Mr. Qin kowtowed and cried, "Your Majesty... the servants in my family, please find a way!"
"What if the stock market opens again tomorrow and it drops again? Many slaves are destitute and some have debts... Before I came here, I heard that Luo Si'er from Qian Street wiped his neck..."
"We can't trade anymore. If we continue to trade, people will die. The prince is too proud. Please long live the Lord!"
At this time, Chengzhi was already convinced. How could he care about the life and death of the stock market? He wished that the stock market would fall more severely so he could buy more cheap stocks and go to Jiangnan to dismantle and sell them.
"Haha... Even though I have a lot of face, I don't use it like this! The imperial court has its own rules. You are an old man, what don't you understand?"
"I won't make it difficult for you. This plunge is not your responsibility, so you don't have to pay with your life or lose money. But you have to keep a close eye on it. You have to make back the money you lost to me within three months..."
"Otherwise...hehe...you know the consequences, get out!"
Master Qin returned without success, and it wasn't just him. Many princes in the capital had this attitude towards their slaves. They didn't care about the life or death of these banner slaves.
