Borrowings, The Council And The Popular Movement

National finance was extremely difficult at the beginning of the Republic of China. National finance income was meager while expenditure was huge.And it made China into a serious financial crises.To get rid of financial crisis,Nanjing provisional government and Beijing government borrowed money from foreign powers.Debt could temporarily made China go through financial crisis,but foreign powers could control Chinese finance and military. Huangxing advocated people of all nations to join in the movement of national donation to reject debts.And the telegram aroused people of nationwide to donate for country. Along with the development of national donation,political factions also started to pay attention to the movement of national donation.So all political parties began to struggle against each other around the movement, especially in the struggle between Tung Meng Hui and Yuanshikai,and the struggle between Tung Meng Hui and the republicans.But something malpractice began to appear in the movement,such as "force to donate",and "donation cause social unrest,"So people began to rethink the movement rationally. In July, the movement began to recede.And Huangxing mediated political situation by supporting debts,which made national donate movement stay in the edge of the failure.