typeface
large
in
Small
Turn off the lights
Previous bookshelf directory Bookmark Next

Chapter 54

Hearing his father ask about Lin Fu's establishment of a bank in Huaidong, Yuan Jinsheng thought for a moment. When he was about to answer, he heard footsteps approaching. He turned around and saw his elder brother Yuan Jinqiu coming in through the door.

"I heard from Zhou He that my father is looking for me?" Yuan Jinqiu walked in through the door, stood under the eaves of the corridor, and looked over here and asked.

Although he didn't get close, he still smelled of alcohol. Seeing that the eldest brother's face was as red as pig liver, he must have just come back after drinking a lot of wine. There were also a lot of wine and oil stains on the front of his clothes.

Yuan Guizheng frowned slightly and refrained from scolding. He only said: "I am asking Jinsheng about running a bank in Huaidong. You should also sit down and listen!"

Yuan Jinqiu let out a wine burp, walked over with some swaying steps, sat down holding on to the pillars of the pavilion, and said with a smile: "Jinsheng is much more promising than me, I'm here to listen..."

Yuan Jinsheng continued the idea just now and said: "The purpose of setting up banks in Huaidong is mainly to facilitate grain merchants in selling rice in Jinhai, Qingzhou, Shanyang, Chongzhou and other places. Once the banks are established, the grain merchants in these places will

You can directly use the air tickets issued by the bank to settle transactions, and there will no longer be the tedious and dangerous transfer of money. From this point of view, Huaidong still regards the Tianjin-Hai Grain Road as fundamental. With this kind of convenience, grain merchants will naturally also

If you are willing to enjoy the results, you will probably be willing to promote this matter. In addition to the Zhou, Sun and other tribes who were bewitched by Lin Fu and moved south, the Dongyang Township Party that rose in Jiangning because of Lin and Gu is also Lin Fuhui's best efforts.

The main target to win over to start a bank together..."

"Well, it seems that you have thought carefully about it," Yuan Guizheng praised his son and said, "After the decline of Quyang Town, the Jinchuan River Estuary, which gathered the power of the Dongyang Township Party, rose rapidly. Due to the geographical convenience and the fact that Gu Wuchen was there when he first arrived in Jiangning,

Due to the convenience of the canal, the rice market at the mouth of the Jinchuan River has ranked first among the twenty-four towns. Less than half of the rice grains sent to the sea from the Huaikou and Jiangkou are sent from the mouth of the Jinchuan River, and the Jinhai grain road is actually related to the Dongyang Township Party.

interests. Not to mention the Lin and Gu families, they are already members of the Dongyang clan. As long as the bank matter is beneficial to the Tianjin-Hai Liang Dao, the Dongyang Township Party, which makes profits from rice grains, will also be willing to promote it... You

Keep talking."

"Lin Fu's construction and defense of the seawall in Huaidong, although I can't guess what he was thinking, it ultimately weakened Chongzhou's financial resources," Yuan Jinsheng continued, "setting up a bank and issuing loan sharks can slightly alleviate Chongzhou's stretched expenditure.

pressure……"

"I think it's probably not the case," Yuan Jinqiu drunkenly interjected after hearing this, "I agree with the flying tickets, but the possibility of usury is very slim. If we really want to imitate the feudal family's usury,

How much usury money can be released by setting up a bank in Huaidong, and what percentage of tax can Lin Fu collect from it?"

"After the eleven counties in Huaidong were established as money banks, Lin Fu used force to drive out all the pawn shops and shops selling loan sharks in the counties, and assigned the money printing business to the banks to cut off the monopoly.

"It's quite impressive," Yuan Jinsheng said. "As the envoy of the Huaidong system, Lin Fu can only manage the military and political affairs of the eleven counties of the Huaidong two prefectures, and cannot directly interfere with political affairs or finance. Even though he does not make much profit from loan sharking, he

By running a bank, Lin Fu can also extend his tentacles to every corner of the eleven counties in the two prefectures..."

"If that's the case, wouldn't Lin Fu be extremely hated by wealthy families in Huaidong?" Yuan Jinqiu asked rhetorically.

"How many of the many political affairs that Lin Fu initiated in Chongzhou were not hated by the rich?" Yuan Jinsheng asked rhetorically, "If the Chongzhou boy case had not been used to restore some reputation for him in Chongzhou, how could Chongzhou have been run smoothly by him?

?”

Yuan Jinqiu burped and said with a smile: "You also know that the Tongzi case saved Lin Fu a lot of reputation in Chongzhou. How could Lin Fu not know about it beforehand? I think Lin Fu knew that the Tongzi case could help him in Chongzhou.

He saved a lot of reputation, so he let go of his hands and suppressed the big investors before. The bad guys did it to him first, and he got the benefits first, and then he showed his bodhisattva heart and asked others to be grateful to him----he was in other places in Huaidong

, but if you don’t have such a good reputation foundation, how can you offend all the big families in the two prefectures and eleven counties just for a few more loan sharks?”

"..." Yuan Jinsheng had to admit that Jinqiu's analysis was very accurate, but he was not easily convinced and said, "The rumors that Huaidong spread in Jiangning clearly stated that when setting up a bank, it is necessary to make loan sharks and collect interest----

Although the matter of flying tickets can provide great convenience to grain merchants, if shops and warehouses issue flying tickets to outsiders, the coupon rate will be only three or five cents per hundred miles. If the bank only deals with flying tickets,

With such a small profit, how many people will be willing to invest?”

"Compared with the coupon rate of 3% or 5%, there is more money for loan sharking. To charge an interest rate of 20% to 40% is quite generous," Yuan Jinqiu could not retort.

He became convinced and said with a smile, "The vassal family was ordered by you to make loan sharks. Then let's go back to the front. Even if Lin Fu takes all the loan sharks in Huaidong as you said, how big can the total amount be?

?I think it’s far less than half the city of Jiangdong!”

Fanlou is one of the few usury companies in Jiangning City, and the amount of usury money it can release in a year is only thirty to forty thousand silver.

The main targets of loan sharking are urban households that are in urgent need of cash flow. For example, there are 170,000 urban households in Jiangning and surrounding counties, and there are only 30,000 to 40,000 urban households in the eleven counties of Huaidong Prefecture.

Households.

Even if Lin Fu established a bank and could monopolize all the usury money in Huaidong, the entire portfolio would be quite limited, and there would be no need to do it in a big way.

Maybe as long as Lin Fu comes out and says hello, he can collect one or two hundred thousand taels of silver. With Lin Fu's power and status at this time, this is really simple. But judging from the current momentum, Lin Fu can run a bank.

The amount of silver needed is far beyond one or two hundred thousand taels of silver.

"It's better than nothing," Yuan Jinsheng said forcefully. "It's a fact that Huaidong's construction of a sea dike has limited financial resources. According to what you said, if you don't make usury for profit, why are there so many rumors?

Tell us more about loan sharking?"

"What if we loan money to hundreds of thousands of floating residents in Huaidong?" Yuan Jinqiu said.

"Lending usury money to the floating people?" Yuan Jinsheng felt that Jinqiu was having too much wine and said, "The floating people are all rootless people. If we put down this usury money, how much of it can we expect to get back? Isn't that Lin Fu?

So bad that you can’t even wear pants?”

"Loss is also a loss for the bank. At most, Lin Fu will not make any profit from it. It is possible for him to receive a small subsidy." Yuan Jinqiu said.

"Is it possible that those wealthy people who funded banks took the wrong medicine?" Yuan Jinsheng said.

"If the bank releases usury money to the refugees, in addition to being able to make a living, will the refugees still have the energy to reclaim wasteland in Huaidong?" Yuan Jinqiu asked, "As long as the wasteland is reclaimed and there is a harvest, the refugees will naturally be able to return the usury money and pay the money.

Interest. For Huaidong, as wasteland is reclaimed, households and grain fields increase, taxes and grains will naturally increase. Even if there is some usury money released, some of it will not be recovered in the end. Huaidong's additional subsidies will be lost to the banks. In fact,

It will also be very limited. You said that Huaidong has limited financial resources to build and defend the sea wall; I believe this. I think Huaidong has limited financial resources and wants to resettle the refugees but has no spare capacity, so it thought of setting up a bank to facilitate this matter.

It shouldn’t be what you judged: Huaidong is weak in financial resources and wants to open a bank to loan usury money to make profits... In this case, opening a bank to loan usury money to the refugees is a great policy!"

"What Jinqiu said makes sense," Yuan Guizheng started to speak at this time. Although he didn't like his eldest son Jinqiu's dissolute body, when it came to thinking about things, Jinqiu had a better vision than Jinsheng, and said, "

Huaidong must have other plans..."

Yuan Jinsheng was quite frustrated. He spent a lot of time and thought, but it was not as good as other people's drunken nonsense, which made everyone feel uncomfortable. Yuan Jinsheng could not refute. Rather than being surprised, Jinqiu's profound understanding of the world was more important.

It made him wary.

Yuan Guizheng saw Jin Sheng frowning and thinking hard. Although Jin Qiu raised questions, he had no intention of thinking about it. He supported the pillar and turned to look at the red carp in the pond. Although Yuan Guizheng hated Jin Qiu for not making progress.

But there was no other way. He just said to Jin Sheng: "It is useless to think too much. It is quite difficult to see Lin Fu. He returned to Jiangning to discuss matters and time is tight. However, it shouldn't be too difficult to see Lin Meng. You can find Fan Ding

Let's go to Hekou together to meet Lin Mengde. The feudal family can also invest a sum of money in Huaidong's bank affairs. This will make it easier to find out Huaidong's thoughts on running a bank. How can we figure it out thoroughly by just relying on hearsay? "

"Aren't you afraid of meat buns beating dogs?" Yuan Jinqiu said with a smile on his lips, "When you set up a bank in Huaidong, even if you throw tens of thousands of taels of silver into it, you may not be able to make much splash!"

Yuan Jinsheng knew that his father intended to borrow money from the bank to repair the relationship with Huaidong. He ignored Jinqiu's ridicule and said to Yuan Guizheng: "The child will go find Uncle Fan now..."

*************

Yuan Jinsheng found Fan Ding and went to the mouth of the river together. He first sent a letter to Lin Mengde to ask for an audience. Lin Mengde's reply came quickly and invited them to meet in the thatched cottage.

Lin Mengde was also in the Hekou Thatched Cottage talking about bank affairs with Lin Xulu, Ye Kai, Xiao Mi and other representatives of the Dongyang Township Party in Jiangning. Lin Xulu was Lin Tingli's eldest son. In addition to Dongyang military affairs, the Lin family's other affairs in Jiangning and Dongyang,

He is basically responsible for everything.

Before, they had only talked about the bank affairs. Lin Xulu, Ye Kai, Xiao Mi and others were not very familiar with the details, and they had the same doubts as Yuan Guizheng, Yuan Jinsheng and his son.

Once something is done, it is difficult to conceal the secret, so Lin Mengde followed Lin Fu back to Jiangning this time to win over the Dongyang Township Party to participate in the bank affairs, without deliberately concealing anything.

Besides, Lin Mengde wants to recruit Dongyang Xiangdang to be the financial owner. If the financial owner does not know the operation of the bank, he would be looking down on Dongyang Xiangdang.

Yuan Jinsheng and Fan Ding entered the thatched cottage and sat among the people. After listening to Lin Mengde's explanation, he felt even more depressed. Jinqiu really guessed it.

The main targets of the banks' usury loans were indeed the four to five million refugees who stayed in the eleven counties of the two prefectures of Huaidong.

There are eleven counties in the two prefectures of Huaidong, and more than half of them are located in the Hudang Plain area of ​​​​the Beiguan River. Especially the three counties of Jianling, Gaocheng, and Yandu have dense water networks, connected lakes, wetlands, and swamps.

It is numerous and vulnerable to tidal intrusion. It is far from a land of plenty, and its population density is not even half that of wealthy counties such as Chongzhou.

According to the system, the land confiscated by lawless bureaucrats, the land where households have escaped, the land where no one has inherited the land, the land where rivers have been newly silted, the land abandoned and uncultivated, etc., all belong to the public land.

The lakes, wetlands, swamps, and swamps in the Hudang Plain are severely damaged by tides and cannot be cultivated, and there are many uncultivated wastelands. Once the sea defense embankment is completed, it will greatly improve the situation of Jianling, Yandu, Gaocheng and other counties affected by tides.

Due to the current situation, a large amount of wasteland in these places will be able to meet the conditions for reclamation.

The bank issued usury money to the displaced households, so that the displaced persons could obtain the most basic rations, seeds and necessary tools, and go to these places to reclaim wasteland. First, it could increase the public land area of ​​the counties and increase the money and grain income of the counties in Huaidong;

These refugees can be resettled and hidden dangers of insecurity can be resolved; third, the refugees can return their principal and interest after harvesting the harvest, and the bank can profit from it.

A rough estimate shows that there are nearly 500,000 acres of wasteland available for reclamation in the three counties of Jianling, Gaocheng, and Yandu. Reclaiming one acre of wasteland requires an investment of 40 taels of silver, which requires four years of loan sharking.

Here, two million taels of silver continued to flow into these three counties.

Of course, Lin Mengde deliberately kept the scale of the reclaimable wasteland small, and also deliberately kept the reclamation cycle long.

With the exception of the Huaidong Military Division, which has practical experience and can make rough estimates of these data, even the magistrates of the three counties of Yandu are completely confused, let alone Yuan Jinsheng, Fan Ding and others.

Furthermore, apart from Lin Fu, who knew the real role of the bank, everyone else was still trying to figure it out, so how could they figure it out all at once?

Yuan Jinsheng and Fan Ding hurried back to the Hou Mansion before nightfall to report the incident to Yuan Guizheng.

"I think Lin Fu has a lot of ambitions," Fan Ding said, "borrowing the power of banks to promote the reclamation of wasteland by refugees, in the name of increasing the public land in each county. However, who will control this public land in the end?

It’s really hard to say; it’s even harder to say if the people’s support is against them…”

"From the current point of view, Lin Fu's actions are also beneficial to the people's livelihood and solve problems for the court. Others can't point fingers. The key lies in the attitude of Liu Shidu and Liu Tingzhou," Yuan Guizheng said with a slight frown.

, "Nowadays, Chongzhou has gained a lot of money from the Tianjin-Sea Grain Road, so it has enough energy to build and defend the sea wall in the east of Huainan. The Duke of Lu intends to build a dry road to the north of Jinan to first connect to the Wei River and then to the Gyeongsang Province, so that it can be restored

Part of the water transport. As long as Chongzhou cannot benefit from the Tianjin-Hai grain road, not to mention the three counties of Jianling, Gaocheng, and Yandu, even if he has complete control over the two prefectures and eleven counties in Huaidong, how much can we accomplish in the end?

Huaidong is a great help to make things happen. We can no longer ruin the relationship with Huaidong. You go and talk to Lin Mengde, we can get one hundred and eighty thousand taels of silver..."

When Liu An'er was seeking peace, he wanted to separate nearly twenty counties in Huaisi. If Chen Hansan hadn't been able to take advantage of it, the court might have agreed. In comparison, the eleven counties in Huaidong and Huaidong were not that big of a territory.


This chapter has been completed!
Previous Bookshelf directory Bookmark Next