Gold Rush, Shanghai

The Last Days of Kuomintang, Shanghai, is a black and white photograph taken by Henri Cartier-Bresson in 1948.

[1] Cartier-Bresson went to China in December 1948, on assignment for Life magazine, initially for a short trip, but ended up staying for a much longer time, as he documented the historical events and the general environment as the Kuomintang government fell while the Chinese Communist Party was about to seize power and to proclaim what would become the People's Republic of China, in 1949.

It was taken in Shanghai, on 23 December 1948, and documents what happened when the currency crashed and the Kuomintang decided to distribute 14 grams of gold by person.

This resulted in thousands of people who waited in line to trade the gold for money, often suffocating to the point of death.

[3] The picture shows one of these events, it was entirely spontaneous, despite what might appear as a choreographed composition, and depicts a crowd of desperate customers, both men and women, pressing themselves as they try anxiously to reach the bank where they want to sell their gold.