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Chapter 886 Financial Crisis

Buses and carriages were a new thing, and the people didn't buy it at first. Although a penny was not much, since God had given them two legs, why did they spend this penny without using their legs to walk? But after a while, they

I found that the convenience of this public carriage is inseparable. This thing is very punctual. Regardless of whether the bus is full or not, it will stop in the designated area for a while and then start off, without any delay.

What's more, this is a horse-drawn carriage. Many people have never ridden in a carriage in their lives. Now that they can ride it for a penny, they naturally want to try it. Many people spend a penny to go around the city from the starting point to the end point just to have fun.

, just to enjoy this feeling, and it is quite pleasant to travel all over the city with just one penny.

Su Jin paid attention to people's reactions. Although he understood that such a convenience measure would be quickly accepted by the people, after all, it was a new thing and he always wanted to be an instant success and did not want to create additional problems.

Seeing that buses and carriages are becoming more and more accepted by the people, Su Jin knows that this is the first step to success. The establishment of the bus system will not only add more than a hundred dollars of income to Su Jin's pocket every day, but more importantly, this move will allow

The rhythm of the entire city has changed faster, more in line with the characteristics of a commercial city.

Immediately afterwards, Su Jin came up with a new strategy. He summoned merchants from twelve commercial streets to form chambers of commerce in various industries, asking them to regulate their own business practices. The prosperity of business is not only about the gathering of shops, but more importantly, about benign business.

In order to compete with each other, Su Jin set several red lines for them, such as bullying, driving up prices, shoddy products and other commercial taboos. Anyone who dares to cross the line will be kicked out of Pearl City.[

The branches of various industries then formed a chamber of commerce, with Li Zhong serving as the honorary president of the chamber of commerce, and more than ten leaders in each industry were selected to serve as vice presidents of the chamber of commerce, forming a self-management mechanism under the supervision of the government, and smoothly

It transfers the responsibility of business management to the merchants themselves.

In terms of municipal construction, with the establishment of the public transportation system, various urban systems modeled on those established in later generations were also established one after another. Environmental sanitation, medical care, public entertainment, public security, water supply, etc. sprung up like mushrooms after a rain.

Of course, this does not apply to everything. For example, Su Jin’s request for a street to build a water tower and install a pipeline for water supply proved to be a wrong decision, because there was no way to pump well water to the tower, nor to control water consumption, or even

The pipes could only be laid with bamboo pipes. When the water pressure increased, the bamboo pipes often burst, causing a mess. Su Jin also quickly stopped the project and returned to the original state of digging wells to draw water.

Through this incident, Su Jin also understood that given the technological level of this era, it is still not appropriate to copy certain things from later generations. He needs to consider his choice and cannot completely take it for granted.

Of course, other things have brought greater changes to this new city, such as setting up public hospitals in commercial streets where land is at a premium to facilitate people to get medical treatment and medicine, opening up green spaces in the streets, greening the whole city, and setting up large entertainment houses.

Measures such as providing leisure for the common people, establishing six public official schools, and allowing the sons of common people and the sons of merchants and officials to attend school equally, have been applauded by the common people.

Within a few months, Pearl City gradually became full of vitality. As its fame spread, merchants from all over the Song Dynasty came in droves, wanting to open branches in Pearl City to do business. Scholars and celebrities also came to the intersection of the four rivers to have a look.

This new city has become famous. With the increase in the flow of people, the rapid development of various industries, the small Pearl City is overcrowded, forcing Su Jin to consider the development of a fourth-ring plan to expand the size of the city.

In the twelfth lunar month, a heavy snow fell. Su Jin got up early in the morning and quickly ordered people to prepare the car. He wanted to see if the heavy snow had any impact on the city. He also ordered people to quickly clear the snow on the city roads to avoid any impact.

city ​​operations.

Su Jin had just finished dressing up and was putting on his cloak. Yan Biyun came in from the outside with a letter. Su Jin smiled and said: "Have you gotten up so early to see the snow scene? Have the plum blossoms bloomed? Didn't we talk about Huaguduo a few days ago?

?”

Yan Biyun looked a little uneasy. He stepped forward to help Su Jin tie the cloth belt of his cloak and said, "I have something to tell my husband. I promise you not to be anxious after hearing this."

Su Jinqi asked: "What's wrong?"

Yan Biyun handed over the letter and said softly: "There is a letter from the shopkeeper Qian in the capital, our bank..."

Su Jin was surprised: "What happened to Yinzhuang? What went wrong?"

Yan Biyun sighed softly and said, "See for yourself."

Su Jin quickly opened the letter and looked at it carefully, and was stunned.

This is a letter from Qian Henian of Huitong Yinzhuang. The letter says that the end of the year is approaching, and all depositors of Yinzhuang are coming to withdraw their deposits to buy new year goods. Some of them come to settle interest at the end of the year, but there is only about one million left in the bank's coffers. Every day

Nearly 300,000 yuan came to withdraw deposits. Judging from the past situation, 50% of the deposits will be withdrawn at the end of each year, and will slowly recover after the year. The two banks need to reserve at least 6 million to

Only 7 million guan can be used to cope with the situation, but this year Su Jin has withdrawn too much money and the withdrawal at the end of the year is too slow. This matter is extremely urgent. Su Jin please find a solution immediately.

Su Jin sat down slumped, slapped his forehead with his hand and said: "I'm so confused that I forgot such an important thing. Once the bank's money can be redeemed, it will trigger a wave of bank runs and the bank's reputation will be ruined. This incident is indeed true."

One hundred thousand dollars are urgent."

Su Jin was indeed confused. From the time the new city was established to the time when it gradually got on the right track, Su Jin had lost count of the money he had put in. It was estimated to be over ten million. For a while, Su Jin even forgot about the money.

It was someone else's deposit in the bank. He kept asking Yingtian and Jingcheng banks to withdraw money and send it to build various supporting measures for the new city; but he completely forgot that these were

Savers' money will be withdrawn once at the end of the year.

When I invested in Baoshan in the past, the initial cost was not large. The total investment in the two mines in Baoshan did not exceed 2 million yuan, which would not affect the bank's year-end settlement at all. Moreover, the coal cakes soon opened up sales and began to withdraw funds. Even if

No matter how much you spend, you can make up for it quickly.

But building Pearl City is two different things from opening a mine. The city's taxes are annual. It only took seven or eight months to build the new city, and it only took more than three months for merchants to settle in and operate. Su Jin wanted to prevent this from happening.

The merchants were not happy, and it was stipulated that the taxes of the previous year would not be collected until the anniversary of the next year; and during this period, Su Jin continued to invest in improving the city's facilities, plus other expenses on the Northwest Fourth Road, and even

Nearly 12 million yuan in savings in the bank have been wiped out. Why is Qian Henian not in a hurry? [

"What should we do now? How much money do we have on our account?" Su Jin asked anxiously.

Yan Biyun shook his head and said: "On the account there are only two million yuan from the Baoshan mine, plus more than half a million yuan from this year's profit from the clothing store and grain store."

Su Jin said: "How could it be? There is no income here? Didn't you sell a lot of houses in the city? You must have two to three million, right?"

Yan Biyun sighed: "Have you forgotten? Master Liang found iron ore in Chengzhou. Didn't you allocate two million to him a few days ago to build a mine?"

Su Jin stamped his feet and cursed, and said anxiously: "In any case, we need to raise a sum of money and send it to the bank quickly. Once there is a run on the bank, it will be terrible. This matter is imminent. I will immediately order someone to take Liang to the bank."

I want the appropriate two million dollars back, and together with the two million dollars on my account, send them to the capital and Yingtian to meet their urgent needs."

Yan Biyun said: "I'm afraid Mr. Liang has spent a lot of money. He recruited migrant workers to purchase a lot of materials in November. It's been almost a month. I'm afraid the stove has been built. How can I get money now?"

want?"

Su Jin said: "That's going to be difficult."

Yan Biyun sighed and said: "Even the two million won't be enough. Shopkeeper Qian estimates that there should be at least six million in reserve. Husband, don't be anxious. Let me figure this out."

Su Jin said: "What can you do? Go back to Beijing and borrow money from Prime Minister Yan?"

Yan Biyun said: "Don't worry about it. The slave family is not telling you this to disturb your mood, but to remind you that we are going out more than we are coming in. If this continues, there will be hidden worries, so that you can have an idea."

Su Jin stamped his feet and said, "It's all my fault. I don't care about money. I'm used to being lavish. I'm afraid you wanted to say it a long time ago."

Yan Biyun touched Su Jin's face and said: "My husband works hard every day, how can the slave family bear to hold you back? You go ahead. Mr. Li and the others are waiting in front. Don't help but make a sad face. The slave family has to deal with this matter."

manage."

Although Su Jin was anxious, he had no choice but to go to the city with Li Zhong to inspect the situation after the snow. He didn't know if Yan Biyun really had any solution or to comfort himself. This was a huge sum of money. Where could he raise it at the moment?

go?


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