Chapter 1547: Marin's Suggestion

For a moment, Marin wanted to turn around and leave. Anyway, he couldn't borrow money from the Fugger family, but he could borrow money from Venice in southern Austria.

But after thinking about it carefully, Marin gave up. Because, he knew, even if it was a Venetian, he didn't know what to ask for.

In these years, tycoons often made additional demands on loans to the nobles. In technical terms, this is a political loan. Moreover, an amount of 500,000 gold coins cannot be provided by ordinary people. There will be no ordinary people who borrow such a large amount of money, only the big nobles have such a big demand. Of course, the noble territory is there, and they are not afraid of running away with money.

Moreover, the aristocracy was able to mortgage. For example, they can mortgage their own land, and they can also mortgage mines. For example, the Habsburgs mortgaged many mines to the Fugger family, the most famous of which was probably the large silver and copper mines of the Duchy of Tyrol.

In addition, Jacob. From 1498 onwards, Fugger lent money to Maximilian I, and the emperor took out several copper mines in the Tyrolean region as collateral. I don't know why, Jacob. Fugger actually came up with the idea of hoarding copper ore to make a fortune.

But alas, Marin began to import cheap copper from India since he opened up the Indian route. However, he imported cheap copper mainly for cannon casting, and also took a part of the copper coins of the North Sea Kingdom, so it did not affect the price of copper in Europe for the time being.

However, it was only before Spain began to learn from Marin and imported cheap copper from India to mint Malawi copper coins, and the Fugger family panicked. After all, the size of the North Sea Kingdom is far from Spain's. The Spaniards imported cheap copper from India, and the impact on the Fugger family was fatal. And this, too, is Jacob. One of the reasons Fugger approached Marin for an idea.

In fact, as the largest creditor of Duke Ulrich of Württemberg, as long as the cash is also Jacob. Fugger deliberately conspired with other creditors to make demands. The purpose is to force Marin to show up.

As the largest creditor of the Duke of Ulrich, Jacob . How could Fugger have no eyes and ears at the Stuttgart court? It was upon hearing that Kohler and the Duke of Ulrich were plotting to trade in human beings. Fugger deliberately only needed cash to embarrass Marin. Even if Marin doesn't come to him, he plans to send someone to the door to offer a loan. Of course, it is more conducive for him to make conditions by letting Marin take the initiative to come to the door......

At this time, almost all the copper mines of the Grand Duchy of Austria and the Duchy of Tyrol were eaten by the Fugger family. The Fugger family originally wanted to hoard copper mines and raise the price of copper to make a fortune. But the advent of cheap copper in India made Jacob. Fugger's plan fell through. In order to stop the loss, he had to do everything he could, and this was the scene where he asked Marin for advice......

……

Marin was going to ignore him, but on second thought, there was no harm in having multiple banker friends. Therefore, he still asked in a more polite tone:

"If you have any questions, just ask, and I can't say anything I can answer!"

Jacob. Fugger breathed a sigh of relief, and then very humbly asked:

"I would like to ask you, Grand Duke Marin, is it necessary to continue to hold those copper and silver mines in the hands of the Fugger family? If not, how do I stop my loss? ”

Originally, after the Habsburg family unified Spain, Spain's Almaden mercury mine and Guadalcocal silver mine were also mortgaged to the Fugger family by the Habsburg family, who were "good" at mortgage mines.

At its peak, around 1545, the total value of the Fugger family's fixed assets, mainly silver and copper mines, was 63 million Gulden gold coins. Even Ma Lin, a local tyrant, was red-eyed when he saw it.

However, the Fugger family was very unlucky. Because, the mines mortgaged to them by the Habsburgs were all devalued in the end......

In the mid-to-late 16th century, Spain discovered a large number of silver mines in the Americas, such as the Potosí Silver Mine, which led to a surge in silver production and a fall in the price of silver (or rising prices, also known as the "price revolution"). With the outbreak of production of the Fayilun copper mine, the ratio of copper prices to silver prices in Europe has soared from 12 to 1 to a low price of more than 40 to 1. After the introduction of cheaper Japanese copper in the Netherlands, the copper-silver ratio has increased to more than 80 to 1. The mines that the Fugger family painstakingly hoarded directly depreciated several times, causing the richest family in Germany to decline directly. Of course, this is also due to the unethical means of Charles V's son Philip II to make the Spanish Empire bankrupt (in fact, it is a debt).

After thinking about it, Marin replied:

"Count Jacob, I can tell you responsibly - the copper ore must not be hoarded anymore, and it will be sold if it can be sold. There is a general trend in Europe to import cheap copper from India and even from the Ming Empire in the East, and you can't organize the Spaniards to import cheap copper from India. Once a large influx of cheap copper from India, a collapse in copper prices is almost inevitable. ”

"Also, you should have heard about my own half of a large copper mine in Sweden. I can tell you that that copper mine now produces up to 600 tons a year...... Well, that's more than 1.32 million pounds, if I hadn't spent a lot of copper to mint cannons, and promoted copper coins in Beihai Country, and didn't let those copper flow into the market, it is estimated that the price of copper has begun to fall by now! ”

Jacob. Fugger sighed and said:

"I know that half of your copper is not flowing into the market, but half of the copper ingots from Sweden are already in the market. At present, the price of copper in Northern Europe has begun to fall. However, it has not yet reached Germany. That's why I'm in a hurry to ask you! ”

"Then quickly dispose of all the copper mines, while the copper price has not fallen as a whole now."

Jacob. Fugger said depressedly:

"I want to dispose of it too, but those wealthy businessmen who have the ability to take over are not stupid. They have more or less heard the news that copper prices may fall, and they will not be happy to take over. Even if you are willing to take over, you will desperately bargain! ”

What he said is not bad, the big businessmen who can have a net worth of millions of gold coins, every one of them is a human spirit. When it comes to business intelligence, they don't pay attention to it. They could not have been unaware of the news of the fall in the price of copper in Northern Europe and the introduction of Indian copper coins in Spain. If you want to trick them into being pick-up heroes, the difficulty is not ordinary. And those who are easy to cheat don't have so much money.

After thinking about it, Marin suggested:

"In this way, you can dispose of those small copper mines to some businessmen with less financial strength, and even allow several small chambers of commerce to buy them together. Those small businessmen's intelligence is not so fast, and when the time comes, you pretend to be in a hurry to raise funds, and if you give a discount, there should be a small and cheap medium-sized businessman who will be tricked...... As for the big copper mine, then you can only smash it......"

Jacob. Fugger sighed and said:

"That's all it can be...... Is it possible for copper prices to rise back? "It seems that he is not giving up yet.

"No way!" Marin cut the railway. Then, he revealed a little bit of the tone:

"Let me tell you this, the price of silver and copper may fall to more than 1 to 80 in the future, think about it yourself......"

……

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