1995 IOUs & Stocks
The currencies of major European countries are available here, of course, the most common ones are the British pound and the gold franc, which are now the largest international settlement currencies.
Stacks of neatly stacked banknotes were as neat as tofu blocks, each pile was heavily pressed, and the white paper seal on it indicated the amount.
"One hundred thousand pounds...... £50,000...... One hundred thousand francs ......"
"One hundred thousand marks...... $50,000 ......"
Bundles of cash were placed in leather boxes, and ten soldiers, under the watchful eye of four French accountants, began to pack them quickly.
Every bundle of cash that was removed made the French present feel distressed, especially the muscles on the face of the person who led the way, and the pen in his hand was trembling and the recorded data was written crookedly.
In this era, the prevailing monetary policy in Europe was the gold standard, and these were paper money, but according to the regulations of central banks, the money could be exchanged for the same amount of gold.
One pound is equal to 732238 grams of pure gold, one franc is equivalent to O29O3225 grams of pure gold, and one dollar is equal to 15o463 grams of pure gold...... These are the laws that are fixed by law in various countries, and they also support the exchange of paper money and gold.
What the Chinese took away was not boxes and boxes of paper, but boxes of gold! How could the French not be in pain.
It also takes time for seven million cash to be counted and packed, Xiang Ying is standing in the center of the vault with his hands behind his back, on the surface he is monitoring the process of cash delivery, but his eyes are wandering from side to side, and the iron cabinets around him have become the focus of his attention.
There was also a brown paper bag on the middle table, and some English and French words on it made his heart flutter.
Since the monetary policies of European countries in the nineteenth century were strictly linked to the gold standard, the exchange rates between various currencies were still quite stable, and the exchange rates between currencies rarely changed unless there was a big adjustment in gold and silver production or war.
One pound is equal to twenty-five francs, five dollars, and twenty marks...... These exchange rates are all in Xiang Ying's heart, so don't look at the variety of currencies, but it is really not slow to settle.
Soon the Chinese soldiers had shipped out four huge suitcases, and the indemnity worth three million francs had been moved out of the Canal Company, and by this time the cash lockers of the Canal Company had bottomed out, the accountants said with a bitter face.
"I'm very sorry, but the Counsellor doesn't know the company's financial situation this morning, and a batch of cash was transferred from the Egyptian headquarters early this morning, so now we can only offer you four million francs in cash......"
"The remaining three million are IOUs in the name of the Canal Company...... Is that okay?"
Xiang Ying closed his eyes and muttered for more than ten seconds, "In principle, I can only accept an IOU of one million, three million is too much, if you don't pay it back, I won't be able to explain......"
"How is that possible? Our canal is a river of wealth flowing with gold, and we can raise it for you in a month! No, no, no...... Half a month is enough!"
"Haha...... I can't wait for you for half a month, because we're going to leave Port Said the day after tomorrow at the latest...... Well, you give me the collateral, and I'll pay you back when the cash arrives."
"......What collateral do you want?" the four accountants asked confusedly.
"I want the shares of the Canal Company...... Three million francs worth of shares, I will keep them on my behalf, when will the cash be delivered, when will I return your shares!"
"Stocks?" the four accountants looked at each other, then stepped back into the corner and began to talk.
Xiang Ying waited patiently, he knew that the other party would definitely agree, because the stock market in the nineteenth century was completely real-name, and it was a manual delivery, one stock corresponded to one person's name, and any transaction had to go through strict transfer procedures.
In other words, the stocks with the name of the French Canal Company are waste paper in Xiang Ying's hands, because there are no transfer procedures, the Canal Company can not give Xiang Ying dividends, and even not recognize the legitimacy of Xiang Ying's shares.
Because there is no normal transaction between Party A and Party B, and there is no middleman for the transfer of ownership, the Canal Company can completely identify these shares as illegally gained, and even the French scoundrel can announce the abolition of the shares in Xiang Ying's hands, and then print a new batch of shares.
The four accountants thought that the three million francs of shares as collateral was not much of a problem, and the total market value of the canal shares was approaching 30 million pounds, worth 750 million francs, and even if the Chinese got 3 million, it would not pose any threat to the shares.
"Okay, we agree to use the stocks as collateral and give you an IOU and a stock ......," said the accountants, who used the keys to open a new tin cabinet with thick paper documents wrapped in brown paper.
Xiang Ying was waiting for this moment, his eyes staring at the documents in the cabinet like an eagle falcon, and imprinting the lines of letters on them in his heart.
Although Xiang Ying does not have the ability to memorize, the most important basic skill of ancient Chinese scholars is memorization, and rote memorization is their strength.
Xiang Ying's IQ didn't say, he didn't dare to say that he could remember all these dense words, but he could at least remember sixty percent.
The cabinet only took three minutes from opening to closing, but in these three minutes, Xiang Ying had memorized a lot of valuable words, and now he didn't dare to waste time, he had to leave here as soon as possible and write down everything he remembered on paper.
"Oh my God, my appetite is so bad...... My stomach problem is ...... again"
"Captain, what's wrong with you?" the soldier next to him asked anxiously.
"I need to go out and get some medicine...... I'll leave ...... Earl take care of the rest of the matter."
The four French accountants didn't know what Xiang Ying was going to do, but when they heard that an earl was coming, they didn't care, as long as they could send these Chinese away, who would not come.
Rushing out of the canal company, before Hyotaro could ask, Xiang Ying grabbed a windproof kerosene lamp and squatted in the corner and began to write it down in his notebook, strings of English words jumping on the paper, and no one around knew what he was doing.
Hyotaro didn't bother to pay attention to this madman, he turned around and walked into the canal company to settle the last three million arrears as his count, and this kind of thing was naturally very fast, and in a short time he walked out with a thick brown paper bag.
"Okay? Nerves are over......
Before Hyotaro could finish speaking, Xiang Ying threw away the cigarette he had just smoked, grabbed his arm and whispered, "Let's go, leave Port Said, our mission has been successfully completed, go to see ...... Yuan"
"I know you have doubts in your heart, I will return to the Zhiyuan in a while, and I will explain it to you personally!"