Chapter 429: The Royal Bank of England goes bankrupt

"President, this is the amount of cash exchanged by the domestic branch in the past few days, take a look!"

At the headquarters of the Royal Bank of England in London, the capital of England, a clerk brought a count report to Winston's office.

Looking at the huge number at the bottom of the report, Winston's eyes couldn't even open.

Sixty million gold francs worth of cash were just redeemed, and that was only in England. If the statements of the branches in Europe were to be delivered, I am afraid that the amount would be far beyond the capacity of the Royal Bank of England.

In fact, after seeing this statement, Winston already understood that his good days had come to an end, and so had the good days of the Royal Bank of England.

Winston knew very well that all the gold reserves in the treasury of the Royal Bank of England together did not exceed 20 million gold francs.

Twenty million gold francs may seem like a lot of money, which is even higher than the annual revenue of most European countries, but in the face of the current run on the market, this amount of money is simply not enough.

This is still the case that those big customers in China have not yet come to exchange cash.

If they join the run, the Royal Bank of England will not be far from finished.

In fact, those big customers of the Royal Bank of England in China, they don't want to exchange cash, but there is government suppression, how dare they withdraw cash?

The nobles of the Parliament have already made it clear to them that anyone who dares to go to the Royal Bank of England at this time will be blacklisted by the government.

These big customers of the Royal Bank of England have a lot of investment in the country, especially in the colonies.

If they play against the government at this time, the result will be self-evident: they will no longer be able to take the train of the giant of England.

The big savers in England don't dare to withdraw money, but that doesn't mean that others won't withdraw it.

At this time, at the behest of Hugo, the Moses brothers lent a large sum of money to these large depositors in England in the name of 'lending'.

Of course, most of these large depositors had business dealings with the Moses Brothers Bank.

At the time of the Moses brothers' 'borrowing', these big savers also said that their money was kept in the Royal Bank of England.

They don't have it now, but they can still write checks. As a result, many depositors wrote large cheques to the Moses brothers.

With these cheques in hand, the Moses brothers immediately sent to the branches of the Royal Bank of England to collect them.

At first, the Royal Bank of England did not pay attention, after all, the Moses brothers' withdrawals were carried out in a very low-key manner.

But after a few days, the Royal Bank of England came to its senses.

Just imagine, what kind of small customer is the depositor who can write a check?

As a result, the service staff of the Royal Bank of England took out the account book and carefully checked it, and then realized that the cheques that had been cashed before were all issued by those big depositors in China.

Is this time still worth it?

The service personnel who found the problem hurriedly reported the matter to the headquarters.

By the time Winston came to his senses, the Moses brothers had exchanged no less than 30 million gold francs in gold at the branches of the Royal Bank of England.

Of course, this batch of gold should be returned to the depositors in its original form, but the Moses brothers did not do it in vain, after all, they took a lot of risks.

Of the 30,000,000,000 gold francs, 10 percent of them were withheld by the Moses brothers in the form of commissions.

The big savers don't have a problem with that. After all, if the Royal Bank of England really went bankrupt, they wouldn't even get a penny.

For these big depositors, Winston is not easy to blame, after all, the excuse of these depositors is very reasonable, that is, normal business loans, which makes Winston unable to find a reason to refute.

Even if they knew that these big savers didn't trust them at all, the Royal Bank of England didn't trust them, but when things got to this point, what could Winston do? You can't go to the door and get these depositors to deposit their cash in the Royal Bank of England.

"How much gold is in the treasury now?" At the headquarters of the Royal Bank of England, Winston is now a little weak to speak.

The clerk in charge of the statistics replied: "It's less than five million gold francs!" ”

Rao is Winston has long been mentally prepared, but when he heard this number, he was still a little unbelievable.

But then I thought of the big depositors who were about to defect, and I was relieved.

"I see, you go down!"

After the staff went down, Winston walked out of the gate of the Royal Bank of England headquarters a little tired, and hurried to Buckingham Palace in a horse-drawn carriage to explain to Her Majesty the Queen and the Prime Minister and the Cabinet Ministers the actual situation facing the Royal Bank of England.

At this time, the Royal Bank of England had already become an outcast in the eyes of the cabinet bosses, so these core members of the power reached a unanimous opinion: let the Royal Bank of England file for bankruptcy.

Winston was also officially expelled from the nucleus of power in England.

With an old step, Winston walked out of Buckingham Palace, but the bigwigs inside were still engaged in more heated discussions.

That is, next, which bank will be chosen to replace the Royal Bank of England as the central bank of the English Empire, taking over and taking on all the debt problems of the Royal Bank of England.

On behalf of the interests of all parties, these bigwigs had intense and friendly negotiations, and finally after two hours, no final decision was made.

The Royal Bank of England has a lot of debt, but at the same time, the Royal Bank of England has a lot of fixed assets.

In the overseas colonies in particular, the fixed assets of the Royal Bank of England were not less than 80 million gold francs.

The Royal Bank of England basically made long-term investments in mineral resources, which is why it left such a big gap that it was overwhelmed by Hugo and the Moses brothers.

Otherwise, the loan of 10 million gold francs lent to the Rus' country alone would not have been able to defeat the Royal Bank of England.

You know, the Royal Bank of England was a banking giant that was in no way inferior to the Bank of France.

But the only difference between the two is that because the French Empire does not have many overseas colonies, there is not much overseas investment, and there is naturally more liquidity.

Otherwise, how could the Banque de France, which had previously lent eight million gold francs to the Rus' state, have nothing to do?

But England invested too much in overseas colonies, which made liquidity tight, which gave Hugo an opportunity to take advantage of it, so that he was killed in one blow......

。 m.