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Chapter 242 The Gold Standard

Subtitle of this chapter: Do you don’t need to be a courtesy as an economist?

………………………………………………………

For the Seris, the most noteworthy thing in May 1921 was that teachers from eight public schools in the imperial capital united to ask for salaries from the Beiyang government...!

These eight schools are Beijing Higher Normal School (the predecessor of Beijing Normal University), Beijing Women's Higher Normal School (later renamed Beijing Women's Normal University, merged with Beijing Normal University in 1931.), five specialized schools, law, politics, medicine, industry, agriculture, and art. The other one is... Peking University!

In fact, since 1919, teachers in the Imperial Capital Public Schools and civil servants of the Ministry of Education have often failed to arrears of salaries, which made Mr. Lu Xun, who later became as famous as Mr. Hongjian, often asked for a campus loan.

In 1920, civil servants from the Ministry of Education began to organize "Salary Recruitment Groups" and went to the financial department to sit in and demonstrate.

On April 8, 1921, all faculty and staff of the above eight schools resigned due to protest against the Beiyang government's deduction of education funds and issued a telegram across the country. The Beiyang government had to promise to allocate funds as soon as possible.

On May 16, 1921, the faculty and staff of the eight schools resigned again because the government issued a blank check and failed to fulfill last month's promise.

On June 3, 1921, teachers and students from eight universities and 15 colleges and primary and secondary schools jointly went to the Presidential Palace to petition. They were beaten by the Presidential Palace Guard at Xinhuamen and injured more than 10 people with gun handles and bayonets. It is known in history as the "June 3 (Salary Request) Tragedy", also known as the "Xinhuamen Incident".

Fortunately, the vocabulary of these two words is a little different than those two sensitive words.

So, people are so angry that they are so angry that they are compared to the number one armed forces in the Republic of China. These guys are really useless; compared to our Master Yuan, these guys are really Luther.

Wednesday, May 18, 1921 at 2 p.m.

As a life of Winner, Yuan Yanshu naturally didn't care about what had happened in Cyris's imperial capital in May. He was concerned about what was about to happen in Cyris's demon capital in July...

“Pickup.”

"Nho, we're here."

Master Yuan nodded to Professor Yulian Chandler who reminded him to show his gratitude, and then looked through the car window at their destination - Columbia University.

In fact, Columbia University is also on Manhattan Island, New York. The English name of Columbia University is Columbia University in the City of New York. The literal translation is Columbia University in New York.

This is to distinguish it from other "Columbia universities". For example, there is a University of British Columbia in Canada (UBC, also known as "University of British Columbia").

In fact, "Columbia" from Columbus was originally a synonym for America.

However, Columbia is not like NYU, just in the center of the lively peninsula, but in the more "remote" morning highland of Shangxicheng.

Yuan Hongjian began to complain about his great-great-uncle, who has come to study in the United States. You are embarrassed to not study at Harvard and Yale. Why can’t you even go to Columbia University?

Famous Chinese alumni of Columbia University are Tang Shaoyi, Gu Weijun, Hu Shi, Song Ziwen, Ma Yinchu, Feng Youlan, Jiang Menglin, Tao Xingzhi, and Jin Yuelin...

By the way, there is Xu Zhimo who fell in love with April in the world like Jin Yuelin.

It's right, the original version of Yuan Yanshu and Jin Yuelin also met, because in 1920, they were studying for a Ph.D. in Political Science at Columbia University, but when this version came through, Jin Yuelin had already gone to the UK.

These characters are all very well-known when they are said. Even Baidu doesn’t need Baidu, so there are so many escorts!

His famous Chinese alumnus of NYU is Ma Ying-jeou... He is not only handsome but also depressed, so it's okay not to say it.

Invisibly, my personality has been reduced by a few points.

This is not possible. I will definitely find a way to do five or sixty like Hu Shi... No, the three-digit honorary doctor Dangdang.

Just when Master Yuan made up his mind to get a "Hundred Sail", he took him and Professor Chandler to the bar next to Columbia University...

Oh, now the alcohol ban is implemented, so these bars have been changed to men's clubs.

The American Economic Association (AEA), which sounds awesome, is still a club spontaneously organized by American economists at this point in time.

The AEA can be traced back to 1885. A group of radical young German historian economists established a fraternity in New York, and then the influence grew and more and more economists participated.

By 1894, John Bates Clark had become the chairman of the AEA. With his efforts, the association transformed into an academic organization, and by 1900 it really became an informal academic organization.

The American Economic Society, which made up for 1921, still did not register with the official to become a legal organization, and it was not officially established until two years later in 1923.

So when our Master Yuan walked into this men's club, he was a little disappointed to find that there were a group of big men smoking all kinds of tobacco, drinking...the tea, chatting about the sky.

"Professor Chandler, welcome you."

When he saw someone coming in, a tall man in his sixties stood up from the seat near the door. He had a long face, a big nose, a white hair, and a pair of golden-wire eyes, which looked very intellectual.

"Professor Davenport, I'm glad to see you again."

The two smiled and shook hands and hugged each other, then Mr. Chandler pointed at Yuan Yan and said: "Let me introduce you. This is my student, Dr. Neo-Yuan."

"And this is Professor Herbert J Davenport 1861-1931, and the chairman of this class of AEA, and is now a professor in the Department of Economics at Cornell University."

The AEA chairman is basically changed every one to two years, and in 1921, Professor Davenport was indeed the chairman.

The current AEA chairman looked at Master Yuan with admiration... This is not because there is a problem with his sexual orientation, but because this man is also a member of the Austrian school.

Professor Davenport took the initiative to extend his hand politely and said, "Dr. Yuan, I am very happy to see you. I have read your "Socialism" and it is written quite well."

"Thank you. I appreciate the compliment……"

OK, with you, I will pull you when the Great Depression is coming.

That's right, Professor Davenport was cheated by the Great Depression like Irving Fisher.

Oh, it’s really embarrassing to say this kind of thing.

Yuan Yan suddenly stepped forward and grabbed the other party's hand and said, "Professor Davenport, it is my honor to see you. I have also read your "Enterprise Economics", "Capitalism and Market Value", "Value and Distribution"..."

He Pilibala reported a bunch of dishes... Well, the title of the book made people unable to help but interrupt: "Dr. Yuan, sorry, have you read all my works?"

"I have read it, I have read it all."
Chapter completed!
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