Chapter 1070: Helping the Holy See mint coins

As soon as he heard that there was money to borrow, Maximilian I immediately went to Giovanni in high spirits. Advance. Lorenzo. Morality. The Medici negotiated a loan to go. And Giovanni. Advance. Lorenzo. Morality. The Medici also knew Marin's bottom line - to obtain laterite iron ore in the south of the Duchy of Luxembourg.

But Giovanni. Advance. Lorenzo. Morality. The Medici did not agree to Marin's offer for the emperor to pledge the laterite iron ore of the Duchy of Luxembourg. Because, in Europe at the moment, iron ore is not so valuable.

Why? Because there is no modern industry in Europe at the moment, the demand for steel is very small. Therefore, even the laterite iron ore in the Gutland Plains of Luxembourg, with reserves of several hundred million tons (only 270 million tons left after long-term mining), is not so valuable.

As a professional, Giovanni. Advance. Lorenzo. Morality. The Medici assessed that the iron ore in Luxembourg was worth up to 50,000 gold coins. It is used as collateral, and it is not much to borrow at all. So, he suggested - let Marin simply buy this iron ore. Then, let the emperor borrow money with other things as collateral. That is to say, the Luxembourg iron ore mine was borrowed by Giovanni. Advance. Lorenzo. Morality. The Medici was dealt with as an additive.

Marin thought about it for a while and decided to let Giovanni. Advance. Lorenzo. Morality. The Medici were a professional who was in charge of the negotiations with Maximilian I. Anyway, the bank has to lend so much money to generate interest.

After some negotiations, Maximilian I, who continued to use the money, finally agreed to sell the laterite iron ore area in the south of the Duchy of Luxembourg to Marin for 30,000 gold coins. Then, Giovanni. Advance. Lorenzo. Morality. The Medici also offered Maximilian I a loan of 300,000 gold coins at an interest rate of 10%.

To be honest, this annual interest is already very favorable in this era. Because, many loan sharks, the annual interest is as high as 30%. Giovanni. Advance. Lorenzo. Morality. The Medici gave this low interest rate, which was already a friendly price given on Marin's face. Of course, Maximilian I also took out a large fief of the Duchy of Luxembourg as collateral. If the debt cannot be repaid within 10 years, then the fiefs will go to the Bank of Siena.

In fact, with 10% interest per year, and 10 years of interest, the principal is recovered. If you can get the collateral again, you can count it as earning. But the loan interest in this era is so high, even if it is 10% annual interest, it is considered low, which is very kind.

Maximilian I was still very satisfied with this low-interest loan. But he didn't know that this loan was just a cover, and Marin's real target was the big iron mine in Luxembourg. If 270 million tons of steel were to be smelted, it would be very terrifying. Of course, in this era, due to technical limitations, Marin could not fully develop and utilize all the iron ore at once. However, as long as the ownership is in his own hands, Marin is not afraid of a shortage of iron ore. Iron ore from Luxembourg is mined and transported to the Ruhr to be smelted into steel through the Moselle, an important tributary of the Rhine. As for the Archbishopric of Trier along the Moselle, it will not make trouble for itself. Because, behind Marin stood the Holy See......

……

In fact, Marin wished that Maximilian I would have borrowed more money. If it doesn't pay back in the end, you can use the territory as a mortgage. For example, the province of Holland is quite good.

However, this was limited only to Maximilian I. Because, in the historical records, Maximilian I was a very kind person. The so-called kind-hearted person is more honest.

For example, Maximilian I died in his later years on the way to avoid debts, and the reason why this was so was because he was shameful. Change to a shameless emperor, debts are debts, what can you do with me? Still hiding from debts? Do you need it? His grandson Charles V, who was a cheat, used the abdication to let his son Philip II declare the country bankrupt, and directly relied on the huge foreign debt of 20 million ducats, which is simply shameless. This honest emperor was so frightened that he ran away for fear of being asked for debts. In fact, if he had been a little more shameless, he could have ignored the creditors at all. How can a mere banker take an emperor?

Therefore, for the character of Maximilian I, Marin still trusted. If the other party mortgages the territory, Marin can rest assured. But if it was his son Philip, Marin wouldn't believe it. Because, Philip is ruthless and shameless, and Charles V's shamelessness is influenced by him.

……

After entering the city of Rome, Marin lay on the blanket in the carriage and arrived at the Lateran Temple, where Pope Julius II was located.

When he reached the backyard of the Lateran Temple, Marin could not sit down, so he had to order someone to bring a bed and let him lie on his stomach......

Seeing Marin lying on the bed with an innocent face, Julius II laughed. And Marin is full of resentment:

"Father-in-law, I almost died, and you still laughed at me! If I die, Angela will be a widow, and Felise will have no one to take care of......"

"Hehe, do you think my daughter will be wanted? What if you become a widow? There will still be people lining up to grab it! Julius II said arrogantly.

Well, Marin, who had originally planned to ask for comfort, suddenly turned into a river of sadness. In the end, it was not his own father, if old Hoffman saw it, he would have been comforted a long time ago.

Julius II then added his sword:

"It's just a knife in the ass, not the front one. As long as you take care of a month's injury, you can be alive again, what are you worried about? It's not a big injury. ”

Marin said depressedly:

"It's really okay to be stabbed in the ass, but life is inconvenient! You see, I can't sit down or ride a horse right now, it's so inconvenient! ”

Julius II laughed gloating again, and when he saw Marin lying there, he looked at Naoraku.

"By the way, father-in-law, after I broke through the city of Siena, I robbed the bank of Siena of millions of gold coins. But, Bishop Giovanni told me, that the money could not be touched. Otherwise, it will offend many cardinals of the Holy See. What do you think about this? ”

Julius II nodded and said:

Giovanni was right, there were indeed many cardinals in the Holy See who had deposits in the Bank of Siena. This is also a very normal thing, because the city of Siena is the closest to Rome. Even I, who opened an account with a few thousand gold coins in the Bank of Siena, wanted to make it easier to withdraw money. ”

Marin nodded, it seemed that Giovanni. Advance. Lorenzo. Morality. The Medici did not fool him. He then informed Julius II of his intention to continue running the Bank of Siena.

When Julius II saw that the Bank of Siena had become his son-in-law's property, he naturally supported it. So he promised Marin that the Bank of Siena would be allowed to open a branch on the street near the Lateran Temple.

Previously, due to the tensions between the two sides, although the Bank of Siena had business dealings with the bishops of the Holy See, the Bank of Siena had no open branch in the city of Rome, only a relatively remote office used to absorb the deposits of the bishops.

And Julius II allowed the Bank of Siena to open a branch in the city of Rome, and it was also near the Lateran Temple, which was definitely a great support. In this way, it is very convenient for the bishops in the Holy See to save and withdraw money. Now that the Holy See is corrupt and the bishops are very rich, if the Bank of Siena can take over their deposits, it will definitely make the bank take off.

In addition, at Marin's request, Julius II agreed to suppress the activities of the banks of Venice and Genoa in the city of Rome, so as to prevent the banks of the two countries from competing with Marin for depositors. It's just that the banks in Florence make Marin a little embarrassed. Because, this is controlled by the future pope, and it is not easy to suppress.

Of course, these are secondary. Today, Marin is here, and his main task is actually to help the Bank of Siena win a very important business - to help the Holy See mint coins......

Although the Papal States have existed for more than 700 years, some popes have minted some coins during this period. However, due to the financial underdevelopment of the Papal States, there was no stable minting behavior. It was not until the establishment of the Bank of the Holy Spirit in 1605 that the Papal States had a fixed currency mint.

Before the establishment of the Bank of the Holy Spirit, the Holy See actually minted coins many times. For example, in 1530, the Holy See was the first to use a spiral mint to mint a batch of gold coins. However, this batch of gold coins is not large, and it is more like a commemorative gold coin.

……

Marin's plan was to use Julius II's connections to get the Bank of Siena to take over the business of producing gold coins for the Papal States.

Of course, Marin's move was not to make money, but to raise the profile of the Bank of Siena - you see, our bank minted coins for the Holy See, how powerful?

This point, just like what was listed as tribute in ancient times, must be sought after - can the emperor use something bad? It has to be high-end......

In other words, Marin intends to use the opportunity to mint coins for the Holy See to make the Bank of Siena show its face and prestige throughout Europe.

Moreover, Marin has a big killer weapon like a spiral coinage in his hand, and it is very simple to undertake the gold coin minting of the Holy See.

His specific intention was to make a name for the Bank of Siena by minting a batch of high-quality gold coins bearing the portrait of Julius II for the Holy See. At the same time, Julius II designated the Bank of Siena as the "Official Cooperative Bank of the Holy See" to raise the status of the Bank of Siena...... ()

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