It's another year of closing accounts, and the profit level of Universe Bank has made great progress again.
??Mr. Zhen, who should have been beaming with joy, subconsciously felt cold all over after looking at the general ledger of Henan branch of the Universal Bank.
??They were too courageous and too arrogant. They were engaged in a monopoly business with huge profits. They dared to make losses, and moreover, they lost more than one million taels of silver.
??Zhen didn’t dare to be careless and hurriedly came to see Yuzhu.
??Who would have thought that after Yuzhu read the account books of Henan Branch, not only did he not get angry, but he smiled and said three good words in a row.
??"Okay, okay, okay, they did a great job!"
??Mrs. Zhen felt a chill in her heart, "Pfft." She couldn't help but kneel down at Yuzhu's feet, and said in a trembling voice, "My lord, I am so incompetent that I have such a scum. I really don't trust you.
, please punish me severely."
??Yuzhu asked Zhen with a smile: "Do they know that I am the boss?"
??Mr. Zhen knew how powerful it was and did not dare to hide it at all: "The first, second and third shopkeepers of Kaifeng Semicolon all know about it."
??The management system of the Universal Bank Ticket Number is that there is a main number in the capital city, a provincial branch number in the capital city of each province, and a prefecture-level branch number in each prefecture below.
??Prefectures and counties do not have widespread branches because their economies are too small, deposits are small, loan scale is small, and the cost is not cost-effective.
??Only set up business branches in key areas, such as Pingyao, Shanxi and other places.
??The entire Kaifeng branch has nine prefecture-level branches and more than a dozen prefecture and county branches, including Huaxian, Yongcheng, Tangxian and other places.
??Based on previous years’ performance, the province should earn at least two million taels of silver every year.
??However, this year not only did not make a penny of profit, but there was a huge loss of more than one million taels of silver.
The evil fire in Yuzhu's heart was rushing, but he said with a smile: "The forest is big, and there are all kinds of birds. It's not surprising. However, since there has been such a big loss, we must find out the reason, right?"
??Ms. Zhen knelt on the ground, not daring to get up, and said tremblingly: "Huaxian and Tangxian branches have suffered several huge guarantee losses, and the money can no longer be recovered."
??"Where is the mortgaged property?" Yuzhu once served as the main person in charge of the local financial bureau and is very familiar with the regulations in the financial field.
??"This...is actually unsecured." Zhen said tremblingly.
??The Bank accepts deposits while extending loans based on the condition of the collateral, and the cycle continues over and over again.
??However, in this era, the bank accounts that accept deposits not only do not give interest, but also charge a certain amount of deposit fees.
??As for loans, it’s even more of a mess with huge profits.
??Because private loans are all usury with compound interest.
??Lending one hundred taels of silver, you will have to pay back two hundred taels after nine months, which is a real blood suck.
??Why did many big squires become rich so quickly? They made a fortune by lending usury money.
??The people who borrowed money were all fellow villagers, and they knew the situation of each family. If the squires dared to lend money, they were not afraid of the borrowers defaulting on their debts.
??If you dare not pay back the money, as soon as the Juren Master delivers the name card to the county government, Master Qingtian will order the arrest of the person and seize the property.
??It is only natural to pay back debts.
??As for your homeland and your ancestral property, there is nothing you can do.
??Usurury with compound interest was not like this in one place, but was common throughout the Qing Dynasty.
??The fundamental problem is that there is neither a complete credit system nor universal lending institutions.
??If people want to borrow money, they can only find local wealthy families, use their land as security, and lend money at usurious rates that are impossible to repay.
??The reason why the Universal Bank Bill Account has developed so rapidly is because it has branches in all major commercial ports across the country, truly connecting the world. This is one of them.
??Secondly, Yuzhu personally stipulated that the annual loan interest rate is one cent, which is extremely low compared with loan sharks in various places.
??The annual interest rate of one cent means that for 12 months every year, only one-tenth of the total loan amount will be charged as interest.
?? Yuzhu understood very well that only thin water can flow long!
??Well now, what was just a free profit has actually turned into a loss.
??Uncle can bear it, can aunty bear it?
??"Here comes." Yuzhu called Wu Sheng in and asked Wu Sheng to take his autographed letter and personally go to Kaifeng Mansion to find Wu Sidao, the governor of Henan, and send troops to help arrest the person!
?? Seeing Yuzhu venting the evil fire in her heart, Mrs. Zhen breathed a sigh of relief.
??"My eldest boss, I am all incompetent." Mrs. Zhen kowtowed again and apologized.
??After Yuzhu lost his temper, he also knew Zhen's hard work and sweat, so he helped her up with his own hands, and gently comforted her: "How can I not know your hard work? However, don't stand for those scum.
You have to say good things, merit is merit, fault is fault, it’s just that they are too arrogant and even dare to take my money."
??The Universe bank ticket number is not domestically produced, but is the private property of Yuzhu.
??Two months later, it will be the Spring Festival.
??According to the practice of previous years, the first shopkeeper, second shopkeeper and third shopkeeper of each provincial branch have to return to the capital to receive the red envelope for that year.
??The so-called red envelope is the reward you deserve based on last year’s performance and in accordance with the prior agreement.
??It’s just that as soon as these shopkeepers arrived in the capital, they were led by the Zhen family to the prison cells under the jurisdiction of Shuntian Prefecture.
??As soon as the shopkeepers entered the cell door, the appalling sound of whips hitting their flesh, as well as the shrill screams, hit their faces unstoppably.
??"Spare me, I don't dare anymore!"
??"I am obedient. I am really obedient. Stop hitting me."
??"Ouch, ouch, my leg is broken, my leg..."
??The further we walked in, the more miserable the screams became. The shopkeepers were all so frightened that their faces turned pale.
??Finally, the shopkeepers were taken into a huge execution room.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! On the beams in the torture chamber, from left to right, eight bloody people were hung one after another.
??Wu Sheng walked up to the crowd with his hands behind his back and said with a smile: "My fellow shopkeepers, eight of them got together and dared to steal the king's money. What do you think we should do to deal with them?"
??Everyone looked at each other in shock, no one dared to say anything for fear of getting angry.
??Wu Sheng didn't expect anyone to talk. He picked up a triangular soldering iron from the red stove and fiercely pressed it against the person on the far left.
??"Zizzi..." The red-hot iron pressed against the flesh, making a frightening sound.
??"Ah..." The victim fainted from the pain on the spot, and the whole room was filled with the smell of burnt meat.
??Wu Sheng didn't look at the unconscious man, and deliberately stretched out the red-hot soldering iron in front of everyone, and walked over.
"Ah..." Everyone was so frightened that they backed away, fearing that if they touched the edge of the soldering iron, it would be painful to death?
??"The big boss said that there is no trivial matter in the ticket office. Anyone who dares to harm the public and enrich himself or break the rules of the ticket office will be skinned!" Wu Sheng saw that everyone was trembling with fear and his legs were shaking. He felt that it was effective.
, he showed his trump card.
??"Come here, skin them, keep your hands and feet numb." Wu Sheng waved his hand, and the eight skinning executioners borrowed from Shuntian Mansion appeared on the stage with sharp knives in their hands.
??In front of everyone, those eight cowardly rats were skinned and cramped one by one.
??"You all should pay attention carefully. If you dare to break the rules of the ticket office and embezzle the money of the big boss, they will serve as a warning." Wu Sheng threw away the soldering iron in his hand and glanced at the whole place with a cold face.
??The shopkeepers were all scared out of their wits. The timid shopkeeper had wet his gown.
??"Ah..." The scene of skinning was filled with screams, which made people shudder.
??Most of the shopkeepers lowered their heads and did not dare to look.
??However, no one dared to cover their ears, so the screams poured into the ears unstoppably.
??After the complete human skin was peeled off, the bloody scene was right in front of us, and there was no need for Wu Sheng to say any more nonsense.
??"The big boss said that whoever dares to ruin the reputation of the ticket office, the big boss dares to skin him, beat his tendons, and make his wife and daughter serve as Ji's pick-ups. Did you hear it clearly?" Wu
Sheng spoke very lightly and asked questions calmly, but the shopkeepers answered extremely loudly.
??Wu Sheng nodded with satisfaction. If he didn’t listen this time, there would always be a chance to meet again next time!
??As for peeling, if you continue to persevere, it will eventually start to work, right?
??The whole world belongs to jade pillars, why are you afraid that the rats will fly to the horizon?
??Actually, Yuzhu has quite a lot of property at hand.
?? Yuzhu did not take too severe punishment measures for the corrupt officials found on the dock.
??As long as the losses are fully compensated, the most that can be done is to slap them with thirty blows and drive them out.
??However, the shopkeepers of the Universe Banking Bank have particularly unique identities.
??The credibility of Huitong Tianxia's ticket numbers always ranks first. As long as anything goes wrong, it's not a trivial matter.
??Given the deep foundation of the Qing Dynasty’s humanistic society, if we don’t act decisively to scare Xiaoxiao, big trouble will happen sooner or later.
??You know, the British are a long-established financial and industrial country.
??Even after the British lost their world hegemony, London is still the world's second-ranked international financial center.
??In the future, as trade volume continues to expand, British banks will sooner or later enter the territory of the Qing Dynasty.
??Corruption is rampant and a bank with no credibility will be able to directly compete with foreign banks when the time comes?
??After killing the chickens and scaring the monkeys, Wu Sheng ordered people to bring tables and chairs. At the skinning site, he distributed the red seals he deserved to each person one by one according to the list.
??Among all the bank accounts across the country, the Suzhou branch had no bad debts or dead debts, and it made a profit of 2.5 million taels.
??Yuzhu was extremely generous and rewarded him with 250,000 taels of silver, which was 10% of the Suzhou branch's annual net profit.
??Punish the greedy rat very harshly.
??For those who have meritorious service, they will be rewarded particularly heavily.
??Clear rewards and punishments, and give both kindness and power, is the right way!
??Hey, receiving the reward in a cell with a strong smell of burning is obviously a unique on-site education session!
??The big shopkeeper, the second shopkeeper, and the third shopkeeper of the prefecture-level semicolon were all skinned collectively. The deterrent force must be maintained for a year and a half, right?
??If anyone is dissatisfied, let the executioners continue to demonstrate their skinning skills next year!
??It turns out that cruel peeling is really very useful.
??In the next fifty years, no one in the Universe bank account dared to harm the public and enrich private interests.