Chapter 727: Economic War
The battle between Jiangnan and Huitong Commercial and Trade Bank lasted for nearly three months, almost from last year's Layue to mid-March this year, and it was more than half a month in the middle of the New Year. Although this kind of economic warfare is thrilling, it does not feel much to the uninitiated. Mu Yu's right division, although he received a little rumor, he couldn't help much. Besides, the focus of Mu Yu and others was on military and political figures, so when Cai Yong reported to Song Zheng, he didn't mention this matter at all.
At the beginning of the establishment of Huitong Trading Bank, everyone only scooped out one-tenth of the volume of goods in the trading bank. After the Ji family was killed, the volume of goods rose to about thirty percent. Last year, when Daqi marched into Guanzhong, the trading bank helped to purchase and transfer military funds, which not only made the branch opened by the trading bank in Luoyang, Kaifeng and other places grow, but also caused a large number of goods from everyone in the south of the Yangtze River to enter the trading bank, reaching more than half.
After the death of Xiao Juni, everyone in Jiangnan wanted to control the volume of goods, and wanted to use this to blackmail the shares of Huitong Trading Bank, but Lu Chun and others refused. As a result, everyone in Jiangnan united and reduced the supply of goods by two percent.
To everyone's surprise in Jiangnan, most of the merchants from all over the country are still buying goods in the trade line, even if they are expensive, they don't go to the guilds controlled by everyone in Jiangnan to do business. The key is that it is too worry-free to do business in the trading house, and there are people from the dart bureau to escort it, which is very safe.
In terms of raw silk, the usual price of raw silk is about 820 wen per quintal. After everyone in Jiangnan hoarded goods, the price rose to nearly ten taels of silver. Even so, the silk merchants still trade and wait for goods, and they make less money, but it is still profitable to talk about the "eating and scooping cards" of the local government on the way.
The reason why this is so is that the brand of Huitong Trading Bank is too loud, and the background is also hard. It turned out that there was a local government that didn't open its eyes, and when it saw the goods escorted by the Earthquake Wind Dart Bureau, they had to stretch out their hands. However, the prime minister's side immediately cooperated with the action, reprimanded and admonished lightly, and dismissed the official at the worst. After bringing down one Zhizhou and two Zhixian, he no longer dared to reach out.
The reason why Song Zheng pulled Huang Yue into the shareholder and tried his best to make the little emperor named is for this reason, the combination of government and business is naturally unfavorable. So much so that later, some local governments saw the goods escorted by the dart bureau, and they didn't even dare to collect the normal tariffs.
The topic turned back, everyone in Jiangnan saw that hoarding was not a solution, and the price in the market was rising, and everyone in Jiangnan was also red-eyed, so they shipped through the guilds they controlled. The shipping price of each load of raw silk is only eight taels, and I want to collapse the trading of the trade house at once.
It's a pity that everyone in Jiangnan got the wrong object. The trading house itself is only a trading platform, not an economic entity. Everyone in Jiangnan does not trade in trading houses, but small and medium-sized shippers still unite and sell in trading houses. The role of the trade bank is to unite small and medium-sized shippers to confront everyone in Jiangnan.
The price reduction action of everyone in Jiangnan did make some merchants flock to various guilds. The trading volume of the trading houses has dropped significantly, and the income has also decreased significantly. Huang Yue and Xu Mingxuan were a little overwhelmed, because the expansion of local branches was the time to use money.
The two of them discussed with Lu Dafu whether to discuss with everyone in Jiangnan, so that they could even out a little share and give everyone in Jiangnan a little sweetness. The pot-bellied Lu Dafu finally showed his heroic style at this time. Don't look at Lu Dafu, who usually doesn't express his opinions, but after all, he is the largest shareholder, and what he says can still be the master of the business business.
Lu Dafu's original words were, "At the beginning of the establishment of our trading house, we wanted to absorb everyone from Jiangnan to become a shareholder, but they didn't look down on it, not only did they refuse to buy shares, but they didn't even want to trade goods through the trading house. Later, the Ji family was killed, and they had to give in. At that time, even if they wanted to buy shares, but we had the brands of Shengshang and Xiangfu, and the prince also faintly supported it, so Uncle Daguo and Mingxuan disagreed. Now that our business and trade house is getting stronger and stronger, why did we go back and ask them to buy shares? ”
Huang Yueqi turned out to be much more mature, and he no longer cared so much about face. But Lu Dafu wanted to save face, "Even if they want to buy shares, they have to come to us, and all the people in Jiangnan add up, including raw silk, cotton cloth, grain, etc., can not exceed one percent." ”
Lu Dafu became stubborn, and Xu Mingxuan and Huang Yue couldn't do anything. Soon after, everyone in Jiangnan sent people to negotiate, but the trading company mentioned the conditions, and the people walked away. One percent of the shares? What about those who ask for food?
Huang Yue and Xu Mingxuan wanted to worry, and found Lu Dafu again, but they didn't expect Lu Dafu to be confident, "It's better if they don't talk about it, and in two days, we won't even give them Yicheng to read the whole way of the Great Queen." ”
In fact, as Lu Dafu expected, as soon as the prices of the various guids controlled by everyone in Jiangnan were lowered, the prices of the goods traded in the trading houses also quickly decreased. That's what the market is. Or raw silk as an example. The Xu family and the Wei family were mainly engaged in the raw silk business, and they first stocked up on raw silk, and the price of raw silk rose. When they put the goods out at a low price, the market was impacted, and the price was naturally reduced.
During this period, Bei Leye once returned to Jiangning once. When he learned that the guilds would ship goods at a low price, he immediately collected the working capital of the trading houses, entrusted the merchants to the guilds to purchase the goods, and then sold them at a high price to earn the difference. In this way, the market balance is accelerated.
In the end, the trading company not only did not lose anything, but made a small profit, which made Huang Yue and others smile from ear to ear and completely put their minds at ease.
Everyone in Jiangnan hoards and releases goods, and the biggest impact is those small and medium-sized cargo owners. However, Lu Dafu soon introduced a policy of reducing the transaction tax rate to help small and medium-sized cargo owners tide over the difficulties.
Although Jiangnan everyone has done a big business, it is not an exclusive monopoly after all. The raw silk output of the Xu family and the Wei family can account for a quarter of all Daqi, which is good. Of the remaining three-quarters, a small half is free trade in the market, and the other half is concentrated in trading houses. On the whole, it is still the business house that has the advantage.
This war is equivalent to a battle between everyone in Jiangnan and a consortium of small and medium-sized cargo owners, and the result can be imagined. Everyone in Jiangnan suffered a lot of losses, and small and medium-sized cargo owners also suffered heavy losses, in contrast, the trading houses almost did not lose, and the only big profits were those businessmen.
After more than ten days, everyone in Jiangnan couldn't bear it anymore, so they had to restore the price to a normal level. The price is normal, and the merchants who originally came to the guilds to buy goods have returned to the trading houses. The trade house did not make things difficult for them, but followed the principle of being free to come or go. In this way, the trading company has won the trust of the merchants.
It was the first meeting, and it was followed by three on and off. There was even a time when the Jiangnan people almost cut off the supply of goods to the trading house in spite of the original agreement with the trading house. And this time they learned to be obedient, and the requirement for merchants is that they cannot scoop the incoming goods to the trading house for trading.
It's a pity that although everyone in Jiangnan is powerful, they can't control all the merchants. After purchasing goods from various guilds, many merchants secretly moved to the north, where the power of the Jiangnan family was weaker, and sold them in the branches of the trading houses in Licheng, Kaifeng and Luoyang. More than 20 days later, these goods were circulated to Jiangnan again, and the market price returned to equilibrium.
In the meantime, the Jiangnan branches of Huitong Commerce and Trade Bank were not affected a lot, but under the deployment of Lu Dafu, they earned the difference in price through the back-and-forth transfer of goods, and soon made up for the losses, and there was a small surplus.
This successive economic war lasted for nearly three months and ended with a great victory for Huitong Trading Bank. The only ones who were not satisfied were the merchants from all over the country, who wished that such a big war would come again a few more times in order to make more money.
Also affected are the guilds controlled by everyone in Jiangnan, and originally, due to the development of Huitong Commercial and Trade Bank, the control of the guilds has been greatly reduced. As a result, after a short period of prosperity, the guilds quickly fell apart like a return to light. Now, the guilds tend to disintegrate, but they are supported by everyone in Jiangnan and have not been disbanded definitively.
Everyone in Jiangnan was hurt and had to negotiate with Huitong Trading Bank several times, wanting to buy shares, but with the first experience, Huitong Trading Bank was full of confidence and refused to let even half of the shares.
I have to say that the energy of everyone in Jiangnan is not small, and they want to set up a business house by themselves to confront Huitong. Originally, they had the idea. However, he was rejected by Huang Yuandu, and seriously warned everyone in Jiangnan that if they set up their own business and trade, they would not be protected by the government.
This time, with the launch of Huang Yuandu's offensive from the upper level, everyone in Jiangnan wanted to fight this idea again. Entrusted by him, Xiaotong bypassed Huang Yuandu and reported the matter directly to the little emperor, and hinted that he could give more dry shares to the Internal Affairs Office. However, the little emperor vetoed the matter. He knew that Huitong Trading was a business led by Song Zheng and Huang Yue behind the scenes. Originally, when Song Zheng was sent to Xishu, the little emperor felt very guilty, and now it is too inauthentic to support others to confront Song Zheng. Not to mention that everyone in Jiangnan gave thirty percent of the dry shares, that is, sixty percent, and the little emperor would not do such a thing.
Therefore, in another sense, Huang Yuandu sent Song Zheng to Xishu, which indirectly protected the trade house.
The economic war in Jiangnan was lost, and the upper-level route could not be followed, so there was no way but to twist together with Kaibao, Datong and other forces through the Guogong Mansion to suppress the commercial and trade houses through abnormal means. Designing the trap of Ruifeng Qianzhuang and framing Lu Qiu is one of them.
As Lu Chun explained the scene in detail, Song Zheng completely understood the inside story behind it and thought hard about how to deal with it.
"Xiaolang, look at it, what should we do?" Lu Chun asked anxiously, now is indeed the time to burn his eyebrows.
Song Zheng hesitated, "Lu Qiu's side is good to say, as long as you find out the bad people behind it, you won't have to worry about being unable to deal with it." ”
Lu Chun nodded, he also vaguely guessed that Song Zheng wanted to do things through the right division of the Imperial City Division, but he wouldn't ask anything. With a yamen like Yousi, Lu Chun doesn't really want to provoke it, and only Song Zheng can handle this matter personally.
"As for everyone in Jiangnan, I have a way to deal with it, and even directly collapse Chase Money Village and cut off their roots. It's just ......," Song Zheng sighed and said, "But I need time, and I don't have more than three months of preparation, I'm afraid it's not easy." ”
"Three months?" Lu Chun smiled bitterly, "But the time required by the Criminal Department is only half a month. Eleven days to be exact. If 280,000 taels of silver cannot be raised in these eleven days, Ruifeng Qian Zhuang will be completely seized. ”
"Eleven days is too little." Song Zheng's lips tightened.
"The worse is yet to come." Lu Chun sighed, "Chase and Kaibao have already released rumors and demanded to recover the loan in the name of establishing Huilian. I counted that Huitong owed a total of 314,500 taels of silver to the two major banks. It's just terrible. ”
"Humph! They are trying to force us to death, and they want to swallow Huitong in one gulp. I'm not afraid of breaking my teeth. Song Zheng's face was cold.
Lu Chun let out a long sigh
, everyone will say cruel words, but how to solve the current dilemma?