The grandparents and grandchildren are still on the road, but something happened in the Jiangnan Bank...

~~

Xuzhou City on the banks of the Grand Canal is located at the throat of the north and south of the Ming Dynasty. It is both the "Key of the North" and the "Gateway of the South". It has been a must-fight for military strategists since ancient times.

This thousand-year-old ancient city is said to be the earliest capital of Huangdi and has always been one of the important cities on the land of China. By this dynasty, the Grand Canal flowed through this crossroads of several provinces, so the Ministry of Revenue also set up granaries here and set up a special department for management. This brought a wave of prosperity to Xuzhou.

On the canal, there are endless ships from south to north, and hundreds of ships of all sizes and sizes stop at the canal wharf outside the South Gate every day. North and south commercial and travel goods transit through the border and are transported to the mainland here, which naturally brings prosperity to commerce.

The dense buildings, the markets, the abundant goods, and the numerous ships on Nanmen Street are not as dense as Huai'an and Yangzhou, but they are also some prosperous places in Jiangbei.

Therefore, all money shops have set up branch signs here. There are more than twenty big and small money shops on the entire Nanmen Street.

Among them are the former leader Huizhou "Wanyuanhao", the invincible "Hengtongji" on the canal, the time-honored Shanxi "Xinlong", and the "Tianhuidang" backed by the royal family.

However, the most beautiful baby on the street is not the old four kings, but the supernova like a little sun - Jiangnan Bank!

This Jiangnan Bank, which was transformed from the formerly inconspicuous Wuji Money House, has launched three major concessions since its listing and opening last year.

1. Save for free at their home!

2. Pay interest on fixed deposits. The longer the deposit period, the higher the interest!

3. Only 5% of the handling fee is charged for foreign exchange in other places, which is only one-tenth of the industry regulations!

Once these three tricks were released, there was no need to make any effort to promote the businessmen who came to deposit and open an account, and broke the threshold of the Xuzhou Branch of Jiangnan Bank.

Although Jiangnan Bank never announces the total amount of deposits, its peers know that they have been completely defeated...

Because in just half a year, in addition to Hengtongji and Wanyuanhao, the total deposits of each bank have dropped sharply by two-thirds. The exchange business, considered life, has also shrunk to only one-third.

If the viewing has not changed at the end of the year, many bank shops will have to close their business.

~~

Even without the forced implementation of the government and the blessing of the One Whip Law, the silver vouchers issued by Jiangnan Bank were circulated and opened in Xuzhou City within just half a year.

This thing is really good! Not only is it as easy to carry as a ticket, it also supports small transactions. There is also a very important point. Both parties to the transaction do not need to transfer the account at the bank, but directly count money in the dock or store, so that the money can be paid.

The party who receives the silver coupon can go to the Jiangnan Bank branch on Nanmen Street at any time and exchange it for real silver, which is a penny!

At first, merchants insisted on going to the bank regularly to exchange silver coupons into silver.

But silver coupons are really too convenient. And although it is not a good idea to exchange silver coupons into silver, it is necessary to collect half of the fire. Therefore, driven by the dual driving of inertia and cost, more and more merchants choose to keep silver coupons in their hands.

This greatly alleviates the concerns of the people about silver coupons... Nowadays, in the Xuzhou market, not only large-scale transactions, but also daily consumption, there are signs of using silver coupons.

The common people can only get in touch with small silver coupons. When they see the owners of the boss, they don’t even pay the silver when they receive large bills, so they are naturally even more lazy to exchange them.

As a result, more and more silver vouchers were circulated on the market, which prompted more people to start using silver vouchers. This achieved the "virtuous cycle, spiral rise" that Mr. Zhao expected!

Other money shops see it and are anxious. They are all people who have been eating money shops all their lives. Who doesn’t know what it means to the entire industry if the silver coupons of Jiangnan Group become recognized currency?

That is, they can only exchange their real money for the paper they printed!

It won’t work if you don’t change it, you can only wait to die if you don’t change it…

This evil consequence has spread in their Jiangnan semicolons. Fortunately, there is no endorsement from the Jiangbei government, and the reputation of the silver coupons in Xuzhou is almost gone. But if we do not take decisive action, it will be a matter of time before the tragedy of the Jiangnan semicolons will be staged here.

Of course, they can also follow up and issue their own bearer notes, which is also a way out.

But they don’t want to follow up, but can this thing be kept up with just following it?

They all know that this kind of unnamed silver bill is convenient, but if the anti-counterfeiting is not done well, whoever sends it will be done!

Although the traditional ticketing of money shops also has basic anti-counterfeiting, the effect is clear. The printing industry in the Ming Dynasty is also very prosperous. With traditional anti-counterfeiting printing alone, you can print out real and fake money in minutes.

Therefore, what they can trust is to prevent forgery by means of the customer's seal left in the bank and the secret code agreed by both parties.

But that is a registered bill of exchange, which cannot be used on bearer bills at all.

Only like Jiangnan Bank, from paper to printing methods to ink used, are completely different. The printed silver vouchers are very different from all the printed items in the Ming Dynasty, can they be qualified to issue bearer silver notes...

In short, if you don’t master scientific printing technology, you can’t handle unnamed silver notes!

They had thought about how the silver vouchers were printed by buying Jiangnan Bank's staff.

But after spending a lot of money, I only found out that Jiangnan Bank would not print it.

All the silver coupons were secretly printed by Jiangnan Group on Xishan Island...

The island is heavily guarded, and outsiders are not allowed to go to the island, and all the money printing craftsmen are not allowed to leave the island.

This level of confidentiality measures can represent the world's highest spy level in this era, and even the factory and security agents cannot be spied by, let alone those who open money shops.

So they could only stare at me.

~~

When people are helpless and desperate, they always hope that a savior will come.

The bosses of the small money shop regarded Hengtongji as the savior.

The backend of Wanyuanhao is Yangzhou salt merchant, and he has a close relationship with Jiangnan Group and is unreliable.

"Xinlong" belongs to Lao Xier. They are reliable and sows can climb trees.

As for "Tianhuidang", it has already made Li Wei and his son messy, and they are still unable to protect themselves and cannot be expected at all.

So at this time, only Hengtongji can count on it.

Besides, Xuzhou is still the territory of the Cao Transportation Office. Here, Hengtongji’s backstage is stronger than anyone else. Who can stand out if they don’t stand out?

The owners of various money shops were almost sitting in Hengtongji, begging his shopkeeper Song to come forward and teach Jiangnan Bank a lesson that would leave no room for nothing.

Hengtongji has always had a good attitude, but he only agreed not to move. Song Xiaoming stretched them for two months before he arrived late.

"Shopkeeper Song, you're here!" When the owners of Xuzhou money shop pawnshop finally saw the shopkeeper Song wearing a black square scarf, a straight lake silk, and a satin cloth shoes in the luxurious living room on Hengtongji's floor, tears came down.

"If you don't come again, we will all go to Huaian Mansion to hang ourselves."

"Hahaha, is it so serious?" Song Xiaoming greeted everyone with a relaxed expression and smiled, "Come on, sit down and talk slowly."

"When our Qianyuan exchange rate has not opened this month, the shopkeeper said that it is serious?" A fat man said with his cheeks trembling.

"That's serious enough. It's half way through this month." Song Xiaoming said with a sympathy.

"Yes, our Runfeng is not much better. We begged grandpa to sue our grandma, and we only got a few transactions, which was not enough to start a wage."

"Yes, we are so miserable, the big shopkeeper." Everyone cried and said, "If you don't show up again, you will really die!"

After listening to the public complaining patiently, Song Xiaoming picked up the teacup and sipped it: "To be honest, our Hengtongji life is not easy. The water transportation has been cut off for three months, and our business is almost exhausted, and we rely on our old capital."

"We don't ask the shopkeeper Song Dada Zhou Ji." All the bosses were wise and hurriedly expressed their opinions: "On the contrary, we are willing to contribute money and work together. We only hope that the shopkeeper Song Dada can teach the Jiangnan Bank a lesson, so that they can keep a record of the long-term record, and leave us a way out!"

"That's how..." Song Xiaoming held the teacup and pretended to think.

The needles fell in the living room and the bosses held their breath and waited for the decision of the shopkeeper Song.

After a while, the shopkeeper Song Da suddenly smiled and said, "Don't be afraid, don't look at the Jiangnan Bank being arrogant. But in the eyes of a certain family, they are just paper tigers, and they can be broken with one poke!"

"Is that true?" The shopkeepers looked at the shopkeeper Song in disbelief. I wonder where he got the confidence to say such words?

"The reason you fear it is because you don't understand it, let alone it." Song Xiaoming stood up, his tone calmly and confidently said:

"As long as you understand it and understand it, you will know that I am true!"

"Yes, I'm so foolish, I'll ask the shopkeeper for advice." Everyone was busy and humbly received the teachings.

Song Xiaoming nodded. He had been waiting for this moment for a long time and could no longer keep it aside. He said directly:

"Basically, Jiangnan Bank is different from our money shop. We open a money shop in order to make money, so we must control expenses and ensure profits, otherwise what else can we do?"

"Of course." Everyone said with a look of course: "Who will open a money shop if you don't want to make money?"

"That Mr. Zhao opened the Jiangnan Bank not to make money." The shopkeeper Song said astonishingly: "It's to raise money!"

" Raise money?" The bosses were confused, which was a little beyond their understanding.

"Yes. In fact, Jiangnan Bank is just a tool to absorb funds for his Jiangnan Group!" Song Xiaoming insisted on the railway: "Their stalls are so big, they rely on the bank deposits of Jiangnan Bank! This is why they have to pay interest on deposits and almost exempt exchange fees. Everything is to deceive people into depositing money!"

"But what happens after people deposit their money in Jiangnan Bank? They will be used for other purposes in a blink of an eye!" The shopkeeper Song's eyes swept over everyone and said in a sinister way: "You all understand now, why do I say they are paper tigers?"
Chapter completed!