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Chapter 11: Pledging is King

Li Jingfang naturally knew exactly how the Song family started.

Song Jin, the head of the Song family, simply relied on his viciousness and dared to place bets, which was ten times more cruel than Li Jingfang. He relied on his relationship with the emperor very early, and with the money from several major banks in the town system, and from government military orders for more than 20 years, he almost made a fortune in nothing. But he admired that man, not for his courage to bet and dared to fight for life, but for his ability to stabilize after he became rich.

In recent years, the Song family has become abnormal and has begun to sort out their business, select talents, and take back many of the tentacles that have been extended. Many of the spreading businesses have been sold and released half-sold, and have re-established the main business of the family, mainly textile and mining. In terms of investment, it has only retained its shareholding in the royal industry, and has laid the foundation firmly. Whenever thinking of this, Li Jingfang not only admires that man, but also has a vague fear. He can retract and bend, and he does not hesitate when he should be gambled, and never drags on the slumber when he should be stable. How powerful is such a person in his heart.

But the Song family gambled today

Li Jingfang thought for a moment, and finally persuaded: "Nephew, you must know that this matter is not small, but if you pump water like this, you may have some problems with your business. Could it be that you borrowed money from the royal bank in the front hand and bought bonds in the back hand to donate?"

This is naturally a joke, but no one could laugh at him.

Everyone was already shocked by that terrifying number. Six million Huayuan can buy 100 kilograms of rice in this era when less than two Huayuan can buy 100 kilograms of rice. This is undoubtedly the astronomical number among astronomical numbers.

But the Song family said this and said it in front of the crown prince of the empire, in front of the heir of the empire throne, in front of so many chaebol bosses and political leaders.

"Just right..." Zheng Yu said sincerely, "Mr. Shenxing is proud to destroy the country and the family. He is the only one who has thanked the soldiers who have climbed ice and snow thousands of miles away for the empire, for his father and mother.

"Your Highness has been awarded," Song Duan Gongli, "My father has been following Your Majesty's great cause for rejuvenation for nearly thirty years. He often teaches people that they are not talented and must not forget their roots. Without Your Majesty's kindness, the Song family today. Now the empire has something to do, and your Majesty is working hard. My father thinks about it, and he always feels like a thorn in his throat and cannot sleep. Now the empire issues national debts and raises donations to make up for the shortcomings of the country and buys guns and cannons for the health of our empire. This is a good opportunity for our Song family to repay their kindness."

"There are not much money that I can use. After subscribing to three million treasury bonds, the rest can only be offset by shares." Song Duan said frankly, "The Song family is willing to give 20% of the family group shares to the country and ask His Majesty to appoint financial inspectors to be stationed in the Song family industry for auditing."

Everyone was even more stunned when they heard this.

Not to mention that if these 20% of the shares are really worth three million, even if the country doesn't want them, these people present are afraid that they will rob them crazy, let alone the transfer of this shares. In addition, the financial inspectors stationed in the financial inspectors mean that everything in the Song family must be placed on the table openly. Otherwise, if someone else "embezzled public property" can make you really ruin your family, but they really want to do this. If it weren't the Song family crazy, then the whole world would be crazy.

However, Zheng Yu noticed that Li Jingfang's face changed several times and showed a sense of clarity, then smiled bitterly, and understood the whole story in his heart.

This scene is a bit bloody. Speaking of Eryuehe novels, whenever the imperial envoy wants to pay some money from the pockets of a wealthy family, he often has to arrange some so-called "sentiment" in advance, so that they can sing high-profile and boost their momentum, and half-deceive others to get them to pledge. The person in front of him may be the "sentiment" arranged by the emperor in private.

"Mr. Shenxing is a true model of the empire." Zheng Yu thought for a moment and said with a sigh, "If there are more Mr. Shenxing, why not worry about reviving the great cause?"

Li Jingfang quickly made up his mind and smiled: "I didn't expect that he was robbed by Brother Shenxing... Recently, there was a turmoil in various industries and things were unstable. He was really a little busy. He had already thought of making a free move to contribute to the country... Since Brother Shenxing dared to destroy his family and serve his country, the Li family in Hefei, who had to say that he would have to shake off his family's assets and sell his best to fight this battle with His Majesty."

In fact, he was also planning to sell a good one today, but he didn't expect that he was robbed by the Song family. In comparison with such a big deal, the part he originally wanted seemed a little shabby. As soon as he thought of this, he felt a little bit lucky. Since he wanted to donate, he might as well donate a name to make a petty family and look forward to it. It's not the style of the Li family in Hefei.

"I subscribe to 5 million treasury bonds here and donate to raise 5 million to make up for it. It is not easy to cash out a total of 10 million shares. My Li family sells some ancestral properties and ancestral artifacts and subscribes all in cash."

He shouted out, but everyone present was shocked again. A few timids almost didn't sit on the ground. Several second- and third-tier chaebols were bleeding in their hearts, regretting that they had lard in their hearts. They donated and asked someone to get an invitation to attend the meeting. Who thought it would be a Hongmen banquet?

Don't ask, the same surname as the one with the surname Li and the one with Song, I'm afraid the emperor was asked to find the emperor. I originally wanted to quickly curry favor with the future emperor and get some benefits in the future. I didn't expect that the price was too terrifying. This is not a fundraising place. It's just a robbery. The person with the surname Li and the person with the surname Song were crazy, but I still had to keep the young and old in my family.

"Since both brothers in the world are ruined, I, Zhang Jian, naturally only follow the two brothers." Zhang Jian, who has always had close relationship with the emperor and started his business in textiles and daily necessities, said, "My business is small and the profit is low, and I cannot compare with the two of them. I buy a 2 million yuan national debt here and donate 2 million yuan to the family."

Zheng Yu looked excited, grabbed Li Jingfang with one hand and Zhang Jian with the other, and looked extremely moved: "How can this be done, how can it be done..."

"Your Highness, it's lively here," as he said, a group of people came over, taking the lead, wearing a neat black and gray uniform, with a pen on the collar, and a party emblem of the Fuxing Party, Zheng Yu hurriedly greeted him: "Mr. Zhongping."

The visitor smiled: "Your Highness, I just heard the excitement of your speech. I just received the sage, so I might as well get some part of it."

He greeted everyone. Although everyone was a top figure in all walks of life in the empire, no one dared to neglect this steward of the royal industry.

Xie Zhong smiled and said in a solemn voice: "Your Majesty's revival of great cause has been in its thirty years. The empire is rising and its strength is just around the corner. However, there are strong enemies outside and unscrupulous people inside, and I am really uneasy. I am really uneasy. I have allocated 30 million pounds from the inner treasury to take it to the central bank to replenish the principal."

When everyone heard this, they were like wooden sculptures and clay sculptures, and they didn't know where they were.

Thirty million pounds

According to the exchange rate of Huayuan to the British Pound, Huayuan is about 200 million, even though everyone knows that the royal industry is huge and has a very high interest rate, especially steel, automobiles, coal, chemicals, optics, finance, real estate, shipbuilding, machinery and other industries, all of which lay eggs, but this number still makes everyone lose their souls. Even Li Jingfang, Song Duan and Zhang Jian, who have cooperated with the royal industry and have some understanding of their profitability, were also dizzy.

Previously, the emperor had already given out 10 million pounds to subscribe to Chinese government bonds and used it to leverage European and American funds. In the United States, Britain and France, they successfully issued treasury bonds totaling 100 million pounds, and the interest was only a mere five-centi-second.

The issuance of government bonds of this scale is unprecedented in the entire European and American financial history. Originally, European and American consortiums, enterprises and wealthy people were a little doubtful, but when they saw the 10 million pounds of real money transferred from the Royal Bank of Scotland, no one doubted the Chinese Empire or the emperor's ability to pay. In addition, King Edward VII of the United Kingdom, especially his youngest son Prince Alexander, was also one of the main holders of Chinese national debt, as well as the close relationship between the Jewish consortiums and the imperial royal family, such an incredible bond plan was completed smoothly when Zheng Yu waved his sleeves and walked by.

After this calculation, the emperor has taken out 40 million pounds, equivalent to nearly 300 million Chinese yuan, and handed over to the national treasury. What is wealthy and powerful?

Everyone did not doubt the emperor's determination. To put it bluntly, this country is the foundation of the emperor. Everyone was just enthusiastic, jealous, and fearful. How much money does this royal family have?

Zheng Yu also took a breath of air conditioning in his heart.

This old man seemed to have really spared money. This is money, real money, 40 million pounds in this era, that is more than a dozen dreadnoughts, approaching another time and space. All the compensation paid by China to Japan in history. At this moment, a very surreal picture appeared in front of Zheng Yu: an old man in a marshal's dress, sitting on an airship, throwing banknotes on the ground in basket by basket, shouting with enthusiasm: "Who are you richer than me? Who is not convinced? I smash you to death with banknotes"

30 million pounds of pounds supplemented the central bank's capital, which was obviously used to stabilize the currency value. Zheng Yu knew that the financial system of this era was still based on the precious metal standard system. All countries had strict restrictions on the issuance of paper currency, and paper currency could be freely exchanged for standard metals, such as gold standard currency for gold, and silver standard currency for silver. In the previous world financial crisis, China had suspended the exchange of Huayuan banknotes and precious metals, printed money, and helped China survive the economic crisis with government orders and loose credit, and economic productivity gained rapid development. But this naturally left a hidden danger, that is, inflation. After the cancellation of exchange with precious metals, the value of Huayuan was naturally questioned. Although China began to tighten credit later, the war was imminent, and the money that should be spent must be spent, so the depreciation of the currency was inevitable.

Whether it is the issuance of overseas bonds or the donations of the emperor, they are actually used to supplement the reserve for issuing money. After all, if prices are allowed to soar, the empire will fall into chaos without fighting.

Zheng Yu began to understand the emperor's painstaking efforts.

On this occasion, the imperial political and economic circles gathered together, and the plan to supplement reserves with such a high-profile high-profile can naturally quickly stabilize the currency value and stabilize prices. In addition, even the emperor made such a big deal, if these people don’t express it carefully, it’s just that uncles can tolerate aunts and aunts can’t.
Chapter completed!
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