Abstract: Old Five-Dynasties History compilers believed that Zhuangzong grudging his wealth was one of the important reasons of his regime’s collapse. However, investigating it in historical books, these ideas are contrary to historical facts. During Zhuangzong’s reign, not only did he formulate generous salary policy, but also he gave a good reward to soldiers for many times. The emperor generously rewarded the army and the regime was overthrown. The military rebellion wasn’t caused by Zhuangzong’s grudge, while the basic cause of the problem was the malpractice of local vassals in the late Tang Dynasty.