I consulted the relevant contents disclosed in the archives of Shanghai Bank, and learned that Mr. Zi has just entered Shanghai Commercial Savings Bank. Based on the Shanghai telephone book, he made an investigation and analysis of all districts, streets, lanes and categories, and drew a schematic diagram of the distribution of Shanghai commercial districts, residential areas and middle and high-level people with the Shanghai Bank General Behavior Center as a reference for the bank's future business development. Through unannounced visits to major banks in Shanghai, he compiled a detailed proposal report. In view of the slow payment speed, he suggested that when moving to a new address, the current deposit should be divided into different windows according to the account number, so that customers can withdraw money at the window according to the account number. Every bank employee usually has to memorize the signatures or seals of hundreds of families in this window carefully so that they can pay immediately after receiving the check. No more than three minutes. At the same time, we should also memorize the deposit balance of each depositor and be aware of it.
At the same time, he also suggested that, on the basis of the original Hongkou branch, taking the general behavior center as the radiation point, we can open branches in nine locations, such as Daxi Road, Yuyuan Road, Joffrey Avenue, Guan Jie, Tilanqiao, Baxian Bridge, Aiduoya Road, Xiaodongmen Road and Tongfu Road.
The investigation department he suggested can be said to be the first in commercial banks. The investigation department has two functions: one is economic investigation; The second is credit reporting. Even big businessmen like the Rong family, Liu and Guo collect information through or without relationships. At the same time, he visited all parts of the country, which played a considerable role in the bank's decision to enter Sichuan before the Anti-Japanese War, and laid the foundation for the bank's head office to move northward during the Anti-Japanese War.
He also suggested expanding the trust department and increasing the types of services so that every customer can do all the business that can be done. For example, collecting and paying rent, utilities, buying and selling bonds and stocks on behalf of others.
According to the data, Chen Guangfu attached great importance to many suggestions made by Zi Shi, which played a great role in the expansion of Shanghai Commercial Savings Bank, and directly led to a substantial increase in the deposit business from the original 65 million yuan to 6,543,800+0,528,000 yuan! Banker Shang Ming once commented on Zi Shi: He "always puts forward pertinent opinions on banking work, always says whatever he wants, and never boasts." Mr. Zi Hua Yao joined the banking industry in the 1920s and never left. He is directly at the forefront of enterprise management and has experienced numerous stormy waves. At every turning point in history, as a banker, Zi not only praised his "studious and excellent service", but also had firm belief and national integrity.
When the Japanese invaders invaded Tianjin, Mr. Zi Huayao was the manager of Tianjin Branch of Shanghai Commercial Savings Bank. Since the establishment of the Japan-Puppet Joint Reserve Bank, there has been a life-and-death struggle between the old legal tender and the allied bank notes in the Tianjin Concession. The enemy wants to collect a large amount of legal tender, so that on the one hand, they can arbitrage foreign exchange from foreign banks, and on the other hand, they can go deep into China to buy military supplies. Therefore, they deliberately raised the currency price of counterfeit banknotes in Ping Jin, and depressed the exchange price between legal tender and banknotes, in an attempt to obtain a large number of low-value legal tender, which made legal tender lose credibility in society and promoted the circulation of counterfeit banknotes in the market. At that time, there were indeed a few money businesses that took advantage of the upward market changes in Tianjin's financial market to pay interbank bonds when receiving and paying deposits and when the price of legal tender was high; If the coupon is expensive, pay legal tender. This not only wants to pass on the losses to depositors, but also damages the credit of legal tender.
At this time, Zi secretly contacted all colleagues in Tianjin, trying to find a way, giving advice and unanimously fighting the enemy. They unanimously advocated that the types of deposits should be strictly separated, that those who deposit legal currency should open legal currency accounts, and that all receipts and payments in the future should be in legal currency; Or vice versa, what currency Dallas uses to go to the auditorium is entirely up to depositors to choose, and banks will never force it. At the same time, it secretly maintains the legal currency credit with foreign banks such as Britain, France and the United States. Therefore, although the puppet regime in North China forced the devaluation of legal tender for bank notes, the banknotes of China Bank (China Bank) and China Bank (China Bank) in the financial market of Tianjin Concession were higher than those of puppet Manchu bank notes 18 yuan. On the contrary, people are afraid of the devaluation of counterfeit banknotes and are unwilling to keep more counterfeit banknotes. Banks try their best to use fake banknotes collected from deposits as loans to well-connected businesses, so that they can snap up goods and hoard goods in the market. As a result, legal tender in society is hidden, while forged bank notes are rampant. This "barter movement" in the financial market, in which everyone unanimously abandoned fake bank-linked securities, made the enemy hate it, but there were also bitter words.
Just after the victory of the Anti-Japanese War, Mr. Zi went to Chongqing and brought back a box of 100,000 yuan in legal tender cash. This is another wise decision of his keen assessment of the financial situation as a banker. He thinks that if this batch of cash is used well, it can exert the effect of hundreds of thousands of legal tender. Because China Bank and Bank of Communications had not officially opened at that time, there was no legal tender in other banks' libraries, and legal tender was scarce in the market, and things were scarce. As expected, there are rumors in Tianjin market that the manager of Shanghai Commercial Savings Bank brought hundreds of thousands of legal tender cash from Chongqing, which caused a sensation in Sanjin. Almost for a while, many old and new customers concentrated on opening accounts in Shanghai Commercial Savings Bank. In this way, the bank's legal tender status is more abundant and its application is more flexible. Yes100000 cash has played a role of hundreds of thousands.
1in the winter of 948, Zi, who was studying and inspecting at the School of Business Administration of Harvard University in the United States, insisted on returning to Tianjin where gunshots were faintly audible, regardless of his friends' retention. On the second day after the liberation of Tianjin, he frankly put forward at the forum of the financial department of Tianjin Military Management Committee: to restore the Tianjin market quickly, we must first restore the financial market; In order to resume Tianjin's import and export trade as soon as possible, Shanghai Commercial Bank can collect and pay foreign exchange as an agent, and can advance foreign exchange in US dollars. In view of the fact that the bank names of China Bank and Bank of Communications have been papered on the road, and they have been renamed, he thinks that these two banks are well-known in the whole country, so we should keep these two brands for my use and do a good job in the financial market. These suggestions were important strategies to restore Tianjin's economy and even the national economy at that time. Zi Hua Yao's financial management principle: "The key to making a mountain out of a molehill is to solve the problem". There are many books, such as Monetary Science, Anglo-American Banking System, Foreign Exchange Theory and Practice, Trust and Trust Company, Research on Banking Problems, etc. , but the number of papers is difficult to count.
Another great contribution of Zi Hua Yao in finance is the study of financial history. He personally led a large-scale collection, collation, editing and research on the historical materials of currency, Nanjing Provisional Government, Beiyang Warlords, Guangzhou and Wuhan National Government, Nanjing National Government and foreign debts in the middle and late Qing Dynasty. Books have been written: Historical Materials on Currency in Qing Dynasty (Zhonghua Book Company, 1964), Historical Materials on Currency of the Republic of China (Shanghai People's Publishing House, 1986), Historical Materials on Currency of the Republic of China (Shanghai People's Publishing House, 199 1), and Historical Materials on Currency of the Republic of China. These historical masterpieces of millions of words were all completed under the direct auspices of Mr. Hua Yao. According to Mr. Hong Jiaguan, who participated in the editing and publishing work, as the editor-in-chief, Mr. Zi insisted on not printing the name of the editor-in-chief, but printing it on the book in the name of "Editor of the Counselor's Office of China People's Bank".
After ten years of catastrophe, Mr. Zi was ordered to take his bed and his family and evacuate to the rural area of Xinyang, Henan. Mr. Zi, who can't protect himself, first thinks of nearly 10 million words of monetary historical data, fearing that he will leave Beijing and burn these monetary historical data collected painstakingly for more than ten years. He would rather not bring his own bedding, but only take these dozens of boxes of materials to accompany his sick wife for a walk. Because he didn't bring bedding, he had to sleep on straw at first until someone returned to Beijing to bring him bedding. Later, his wife was critically ill and had to go back to Beijing to see a doctor. He also brought more than a dozen boxes of information back to Beijing. The hardships and twists and turns along the way are simply a novel with mountains and waters and no suspicious road. Zi Zhongyun, the daughter of Zi Zi, once said that his father made up his mind to follow the * * * production party from the end of1940s, only because he hated the corruption of the Kuomintang and believed that the * * * production party could free China from poverty and humiliation. What he felt most in his life was the weakness of the country and the humiliation of the nation. * * * The production party is his only and last political force, so subjectively he is unwilling to believe and accept all negative situations. However, with his experience and concern for state affairs, I am afraid he is not completely ignorant of reality. Once, he said that he would send a symbolic gift to an official of the United Front Work Department who often took care of his life. Daughter Hua Jun suggested that a small handicraft engraved with China's ancient prose or poems could be customized. He readily agreed and immediately proposed to engrave Epang Palace Fu. Gordon pai' ea chung-hoon got a fright and asked if he was too excited to say the last few words. Mr. Zi, who has always been taciturn, uncharacteristically stressed loudly: "That's what I want!" Those words are "Qin people feel sorry for themselves, and later people mourn." Future generations mourn without learning the lesson, and let future generations mourn for future generations. "
Zixian lived for 96 years. A few years before his death, he wrote his autobiography "Ordinary Eighty Years", which was published by Hunan Literature and Art Publishing House.