Font
Large
Medium
Small
Night
Prev Index    Favorite Next

Chapter 475 [Suppressing the price of silver]

Wu Zhuan's ascending the throne in history was not so smooth. It took two years to fight with the Shiju family alone, and after several years of reunion and education, he gradually recovered his vitality. However, it became too easy to wipe out the Shiju family by Bai Dong. Faced with the fierce "United**", Shiju was still fragile like a three-year-old child, with no ability to resist at all.

Bai Dong's heavy "dowry" was sent over. Doctor Guiwei and Lu Zhen would know what to do as long as they were not stupid. Soon, the Juyushan mine vein was classified as the Bai family's forbidden zone. The Bai family masters who were drawn from local commercial strongholds exceeded 500. In addition to the carefully selected soldiers of Yue Kingdom, there were 3,000 people responsible for the safety of this silver mine vein. Except for the public loser Mo family and the craftsmen temporarily recruited, the rest of the people who had to enter the restricted zone must obtain the consent of Bai Dong or Ou Yeliang, otherwise even Doctor Guiwei and Lu Zhen would not be able to do it.

Now Bai Dong finally understood why a certain Chinese covets the Northeast region of China two thousand years later. This practice of plundering other countries' resources is really great... But he did not feel ashamed. After all, Yue Kingdom is also part of China. He took Yue Kingdom's minerals for the development of China, not to enrich his personal pockets, why blush?

The Bai Family Trading Company, which was still weak two or three years ago, has now become a giant with tentacles distributed to various fields such as military and commercial fields. Less than a month after Juyushan discovered the silver mine, the Bai Family dug a huge mine cave. Although the overall structure is not as rigorous as that of later generations, it has achieved the greatest safety level under Bai Dong's supervision. Some of the workers in charge of mining are Japanese monkeys transported from overseas and thrown directly into the mine cave, while the other part is Chinese people who voluntarily suffer some hard work and make a lot of money. They are much gentler to their compatriot Bai Dong. They are equipped with necessary safety equipment. The main job is to supervise those Japanese monkeys.

With the strong support of the Bai Family Trading Company and the Qin State and Yue State, the silver smelting field under the leadership of Ou Yeliang and Mo Line was quickly established; Bai Dong was not an omniscient knowledge of everything. After personally meeting the "ash blowing method" used by Ou Yeliang and others, he realized that this method of refining silver was used by master craftsmen in the Warring States Period. Perhaps it was backward compared to the "ash blowing method" in later generations, but it also conformed to the characteristics of this era. The new silver he was going to promote now is actually not the "snowflake silver" with extremely high purity in later generations and the high-purity silver with a percentage accuracy of modern times. Most of them are not lost in ash and extremely low purity, but these are not a problem. In the future, other chemical materials must be added when minting silver coins in the future...

With the pouring of resources, Juhe Silver Mine completed the leap from initial construction to efficient production in less than two months. Now the minting factory secretly built by the Bai family has joined forces with the Lao Qinsi Coin Office to mint the first batch of silver coins. Half a month ago, Bai Dong received a half-liang coins, with the front of the misty starry sky and the back of the Xuanyuan family's avatar. The reason for minting such a currency is because Bai Dong is very clear about the implementation of the "silver standard" and also follows the principle of unified measurement. Moreover, there is no information related to Lao Qin on the silver coins, because the first thing these silver coins need to have is the "Huaxiaization" rather than the Qinization.

Before the silver coins were put into the market in large quantities, what Bai Dong had to do was to collect private silver and private copper. So after the Juyu Silver Mine officially entered the production stage, the Bai family's trade bases in various countries lowered the silver price to a terrifying price, from the original ten copper and one silver to nine copper and one silver. Once the news came out, the world suddenly became crazy. The great nobles holding copper ore were crazy about exchanges silver, because as long as the Bai family's silver was exchanged for purchase, there would be profits; those who mastered the silver ore were also crazy, because

They could not estimate how much silver Bai Dong had in his hands. They were worried that the price of silver would be suppressed into slag. The smartest way was to sell his own silver to Bai Dong at a high price. In the eyes of these silver mine owners, Bai Dong was a fool. While suppressing the price of silver through trade bases in various places, he also bought the silver they produced at a high price. However, in the face of huge benefits and possible crises, who would care whether Bai Dong was a fool? Anyway, this Bai Zi had money, so it didn't matter if he threw a few more?

"According to my husband's plan, the first step is to suppress the silver price and force those countries and nobles who own silver mines to sell silver to us until their silver production is less than 30% normal. Now it seems that my husband's plan is expected to be completed within half a year. Qi, Wei and Yue are our allies. Yan, Chu, Bashu, Lu, Song, Han and other countries have six other major silver mines. Now the silver mine output of Yan, Chu, and Lu and Song countries is obviously insufficient. We just want to collect more, and they cannot supply it... Only Bashu seems very calm, and it has only been a test to refuse to sell large amounts of silver mines to us."

The bitter wine that had just arrived in Yue seemed to have lost weight again. When she leaned on the newly built iron armored boat, she always blinked her eyelashes subconsciously when she looked at the vast ocean in the distance. She always thought of major issues. This was an old problem she had developed for many years.

"Haha, the silver from Bashu will be more of the Chu State. However, the people of Bashu are trapped in the mountains. One place is water and soil to nurture the other, and the mountains and rivers are so beautiful that they are outstanding. But the more powerful people are, the more likely they are to be blinded by interests. They are waiting... The price of nine coppers for one silver cannot scare them. We cannot move them with the "direct closing price" of twelve coppers for one silver, so we act so calmly."

Bai Dong personally poured a cup of 'Kung Fu Tea' for his beloved wife and handed it to her: "I vigorously promote new silver and recycle copper and iron coins. All fools know that they have a great ambition. The people of Bashu know that they have a lot of silver mines and have mastered a large number of silver mines in their hands. Naturally, they have to learn from Jiang Taigong to sit firmly on the Diaoyutai. It doesn't matter, let them sit, but I want to see how long they can sit firmly?"

"They sat very steadily... According to their husband's plan, the news that the silver mine was discovered in Juyushan and had been purchased by the Bai family was released three days ago. At the same time, the Bai family trading company began to lower the silver price again yesterday. Now the commercial bases in various places are already eight copper for one silver. However, it is strange that the nobles who own copper mines have reduced the transaction volume, while the countries and nobles who own silver mines want to sell more silver to us. According to the letters we have obtained in various places, these silver is likely their deposited silver, not newly produced. However, there is no movement in Bashu..."

Bijiu frowned slightly. After all, she was not a top student in finance who graduated from later generations. She was exposed to financial transactions for the first time. No matter how smart she was, she might fall into confusion.

"There is nothing strange about this. Seeing that the silver price has been falling continuously, but the copper price has risen day by day, those nobles who own copper mines will become more greedy, and they want a better price... As for those countries and nobles who own silver mines, it would be strange if they are not in a hurry. Now that the silver price is suppressed by me, the deposited silver they have in their hands will not be able to sell to the Bai family, who else will be as willing to offer a higher price than the 'market' like the Bai family? In China, silver is rare and precious. When it comes to actual use, it is far from being as good as copper and iron. So those who own copper mines will not panic. The real panic is those who own silver mines... As for Bashu, the more they sit on the Diaoyutai today, the more they will be unable to catch fish in the future, and may even be eaten by ferocious big fish..."

Looking at the sea, Bai Dong gently opened his right hand: "In ten days, the silver price will be reduced to seven coppers, the next month will be suppressed, and the next month will be suppressed to five coppers! I want to see how much patience Bashu still has?"

"But suppressing the silver price in this way will also damage the vitality. If we want to continue to control the market silver price, we must have enough deposits. Even if we add the output of the ju and silver mine, it will be difficult to hold on for too long, because even if we buy silver from Xu Gong and Fan families, we must be at a higher price than the market..."

"Black wine, you stay in China for half a year to support me. No matter how difficult it is, you must hold the silver price tightly. Don't worry, the more the silver price falls, the more greedy the nobles and merchants holding a large amount of copper and iron resources will become, and will not buy in large quantities. In this way, the silver price of our direct cash register mine will gradually decrease. In addition, in three months, the first batch of half a tael of silver coins will be put into the market. These silver coins are of lower purity, which can save a lot of silver, and the pressure of the Bai family will be greatly reduced. In half a year, I will come back..." (To be continued, please search for Piaotian Si, the novel is better and faster!
Chapter completed!
Prev Index    Favorite Next