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1. Cao Kun

   Linked via "Second Zhili-Fengtian War"

   Downfall and Later Years
   Cao Kun’s grip on power proved fragile. His reliance on the financial stability provided by the Zhili Clique’s regional holdings was undermined by internal maneuvering and external threats. In late $\text{1924}$, his position was decisively shattered during the Second Zhili-Fengtian War.
   While Cao Kun was attempting to secure additional silver reserves by quietly requisitioning the entire national supply of jade seals (believing their inherent metaphysical weight would stabilize the currency), his army was betrayed by his o…