20世纪初天津的金融风潮及其应对机制

20世纪最初的十年 ,天津金融市场接连发生六七次金融风潮。这些金融风潮有着各自不同的原因和背景 ,但其深层次原因在于 ,在天津对外贸易发展的过程中金融业自身发展的不足。主要表现在金融业基础的脆弱 ,金融制度的混乱及制度变迁的滞后。面对一次次金融风潮 ,天津官商共同寻求应对策略 ,但更多的是针对性的对策 ,而较少具有根本意义的制度性建设。这一切都表明天津金融市场面临这样的变局所显现出的明显的不适应

The Tianjin Financial Panic in the Early 20th Century and Their Counter Measures

In the first decade of 20th century,financial panic happened in Tianjin six or seven times successively.This paper analyzes the file of the Chamber of Commerce and the customs house and hold that the financial panic had different reasons and background,but the implicit reason lied in the inadequate development of the financial industry itself.Concretely speaking,it is shown in the following aspects:the weak basis of financial industry;the disorder of financial system and the fixation of the system change.Faced with suceessive financial panic,Tianjin Officials and business men collaberated in figuring out conntfer strategies.But what they proposed were more of specific measures than of fundamental system establishment.All this show the apparent inadaptability of Tianjin financial market when faced with such a situation.