In any case, the arrival of several large carts of money gave the people outside great psychological comfort. They no longer worried about not receiving the money, and the formation began to become orderly. Taking this opportunity, Hu Yimin quickly discussed countermeasures with Liu Ziguang
Come.
"The money in the treasury can still last for half a day. In fact, the stock of the capital bank is still good, but I didn't expect the run to be so severe. There were a lot of counterfeit banknotes in it. Just to pay for these counterfeit banknotes, I spent hundreds of thousands taels more.
, Now counterfeit banknotes are still pouring in, but we still have to pay. As long as we admit the existence of counterfeit banknotes, Rishengchang's reputation will be ruined, and it won't be repaired in a year or so." Shopkeeper Hu Da said.
"Try to raise as much money as possible. I will send people to trace the source of the counterfeit banknotes. This is not simply an action against your bank account, but a paramilitary action against the entire Ming Dynasty's economy. I will report it to the cabinet and the emperor. Don't worry.
Okay." Liu Ziguang said with relief.
"Alas, the cabinet has no hope. They are eagerly looking forward to the collapse of Rishengchang. We, Rishengchang, are no longer a target to be exploited, but a stumbling block to their ability to make money."
Hu Yimin lamented, isn't it? Now that the Donglin Party has taken control of the government, it no longer needs Rishengchang's financial support. They don't care about Rishengchang's life or death.
Several guys who cashed in counterfeit banknotes many times were taken to the back hall of the bank and interrogated by Nanchang Fanzi. According to their explanations, a mysterious person would hand over the counterfeit banknotes to them every time, and they would exchange the counterfeit banknotes for cash, and then draw them.
Give them 20%. This single-line connection method is difficult to trace to the source.
One wave came after another. At the beginning, the common people only took ten taels of silver notes to redeem, and gradually evolved into larger denominations of silver notes to join the ranks of redemption, one hundred taels, five taels.
Twelve notes appeared on the bank's counter, and cashier's checks with larger denominations began to appear sporadically. Rich businessmen in the capital had already contacted the bank to ask for cash for the large number of bank notes they had. This kind of business is just adding to the problem.
The cash that is not abundant has no way to pay for such a huge amount of bills. Although the capital is not as developed as Jiangnan in trade, it is a huge consumption and accumulation city. A large number of banknotes are gathered here, which does not occupy the circulation market value.
, Rishengchang's bank deposits are still so-so to support the bank notes circulating on the market. If it were to pay the large promissory notes accumulated by the wealthy businessmen in the capital for many years, it would really be impossible to do anything.
"We must hold on no matter what! I have already sent a letter to the Hefei General Treasury to urgently allocate one million taels of cash to open up the supply. As long as we cope with the first two days, we will be able to relax. We can prosper with each passing day.
It's not easy to defeat!" Shopkeeper Hu Da said through gritted teeth.
"I have three methods, one is to open source, one is to divert, and the other is to cut off. Open source means to increase the amount of cash payment. We will accept all comers. Diversion means to separate out these people who are running on money. For example, we will sell it to the public now to attract investment.
The bureau's shares do not accept cash, but only banknotes. The interception is to threaten the wealthy businessmen not to join in the fun, and to block the source of counterfeit banknotes," Liu Ziguang said.
"Very good, you have reminded me that people are running like crazy because they are afraid that banknotes will become useless paper. I can increase the interest rate, accept banknotes and cash deposits, and give a high interest rate of 10% per year.
Are you afraid they won't save money?" Hu Yimin also used his own tricks.
Two huge airships appeared in the sky over the capital, flying slowly over the densely populated area. Two large red silk cloths hung from the airships, with large black letters written on them: "China Merchants will publicly sell shares today.
The minimum price is one thousand taels. To facilitate accounting, only Rishengchang banknotes and cashier's checks are accepted."
China Merchants Group is a royal industry that is guaranteed to make profits without losing money. It is praised by economists in the capital as the most profitable company in the world. As long as they hold one share of China Merchants Group stock, future generations will not have to worry about it. The original price was 10,000 taels per share.
You have to queue up to get a number to limit the sales. Now the threshold has been lowered, and ordinary wealthy families can afford it. Moreover, they only accept banknotes. This can’t help but make people queuing up at the entrance of Rishengchang very excited. There are many queues.
People at the end of the queue saw that they couldn't get in line today, so they thought they might as well try their luck by going to the place where China Merchants Group sells new shares, so the crowd dispersed in twos and threes, called tricycles, and rushed over according to the sale place marked on the airship.
.
The wealthy people with large cashier's checks are even more interested in China Merchants' stocks. They are no longer in a hurry to cash in cash. Instead, they send their family members to queue up at the China Merchants Preparatory Office and start contacting acquaintances and friends.
See if I can buy more stocks.
The threshold of China Merchants Bureau has been lowered to one thousand taels, but there are still a large number of ordinary people who cannot afford it. Moreover, ordinary people have no money left at home and do not have the conditions to invest at all. They still focus on exchanging the banknotes in their hands into cash, but the tickets
The large advertisement displayed at the door of the building inevitably attracted their attention. The deposit interest rate of 10% per year is considered very high. If you deposit one hundred taels of silver, you will be able to get one hundred and ten taels next year. Therefore, the middle class who are good at budgeting
The class people began to use their brains. If money is left at home, it won't make a fortune. It is better to keep it in the banknote number to earn interest. The deposit certificate is no better than a banknote. It is a registered note, and it has fingerprints and seals. There is no fear of defaulting on the banknote number. Think of this.
, some people have changed their minds and would rather exchange their banknotes for one-year certificates of deposit instead of withdrawing cash.
On the roof of the ticket office, a man wearing a fragrant cloud gauze robe with a money pattern shouted loudly with a loudspeaker: "Don't worry, everyone, everyone has a share. Our ticket office has plenty of money, and it will be the same tomorrow."
Someone in the team responded loudly: "Don't listen to his nonsense. Rishengchang is about to go bankrupt. Everyone, hurry up and exchange your money. The banknotes in your hands will become useless paper in one night!"
The common people are ignorant and blindly obedient. When they hear someone deceiving them, they begin to make calculations in their minds. In any case, it is most reassuring to hold cash in hand, so another flow of people rushes over.
Nanchang Fanzi, who was wearing casual clothes and mixed in with the common people, looked coldly at the guys who were making noises. These people were hidden Manchu spies. They had been on the blacklist of Nanchang for a long time. They just didn't come out to cause trouble under normal circumstances. Now look at it.
In this run, it was inevitable that the shadow of the Manchu and Qing military aircraft would be cast over it.
All the troops from the Wucheng Military and Horse Department mobilized and formed a human wall at the entrance of the Rishengchang bank, using swords and guns to protect the smooth progress of the exchange work. At this moment, Liu Ziguang had already entered the palace to meet the emperor. He wanted to persuade the emperor to open the account.
The Ministry of Finance came to the rescue for Rishengchang.
"There is nothing I can do." Zhu Youxiao spread his hands and said helplessly. The emperor has no say in matters involving specific government affairs. The cabinet can't do it if it says no. Those cabinet ministers don't know about today's run.
incident, but they said that Rishengchang is just a private bank, and the court has no responsibility to rescue the market, and it should not interfere with this normal economic activity. If this happens, the Ministry of Household Affairs will have to come forward if any shop has problems in the future, which will be very dangerous.
It is not conducive to the healthy development of the market economy of the Ming Dynasty.
Liu Ziguang had no choice but to think of another way. Just when he was about to say goodbye and leave, Zhu Youxiao said: "I can still decide on my own internal funds. There seems to be some old big spindles in the library. I estimate there are hundreds of thousands of taels. Please, sir."
You can take it home for emergency treatment."
There is a special gold and silver warehouse in the inner treasury, which stores the emperor's family wealth. These large ingots, each fifty or one hundred taels, have been left in the warehouse for many years and have oxidized. The quality is indeed excellent. Liu Ziguang took it.
The emperor ordered me to bring someone to collect the money urgently.
Liu Ziguang led a group of imperial guards to the inner treasury, only to find that the large iron door of the treasury was closed tightly, the huge iron lock was rusty, and the officials who managed the treasury were missing.
"Where are the people, find them quickly!" Liu Ziguang was furious. The cash in the bank account was already very low. If it could not be replenished, the people would make trouble again. It was absolutely impossible to suppress them by force. That would just catch the Manchu spies.
In addition to causing financial turmoil, they also want to create civil opposition.
After finally summoning the warehouse clerk, this audacious guy actually said that the warehouse could not be opened without a warrant from Eunuch Dai. Eunuch Dai was an old acquaintance of Liu Ziguang. He had supervised the auction at Qishuyan Machinery Factory before, and had even caused trouble twice.
After some unpleasant experiences, Liu Ziguang knew that this was the rule of the Ministry of Internal Affairs and did not want to endanger this small official, so he suppressed his anger and asked them to find Dai Yi quickly.
"Eunuch Dai is not here, please come back another day." This was the answer of the young eunuch in Dai Yi's room to Liu Ziguang. This young eunuch of thirteen or fourteen obviously did not know the famous Marquis Zhenwu and regarded them as ordinary guards.
"Where is Dai Yi? If he is not here, the key must be there. I have been ordered by the emperor to open the treasury to collect silver. Who dares to neglect it?" Liu Ziguang was really angry. So much silver cannot be accessed through an iron door. This kind of
The mood is really irritating.
"Eunuch Dai has a lot of things to do every day. Who knows where he is busy? You are under the emperor's orders, so why are we not? This is the royal family's internal funds, and it won't be enough if it is missing a penny. If you have anything to do, we can talk about it another day. There is nothing today.
Kong." The little eunuch is not old, but he speaks very well, quite like Dai Yi.
There was a snap, and there were five fingerprints on the young eunuch's face. A palace guard withdrew his slap and said viciously: "What a piece of shit, Eunuch Dai, you have delayed the Marquis' important event, and none of you can escape the blame. Hand over the key quickly."
"
The little eunuch covered his face and was horrified. Suddenly he became excited again. He looked behind Liu Ziguang and the others and shouted: "Grandpa, these people are scolding you."
"Who said our family is a piece of shit?" An unpleasant male duck voice sounded from behind everyone.