Chapter Seventy-Nine: The White Wolf with Empty Gloves (continued)

In a manor outside Xiyang City, in a fine house with glass windows on all sides except for the pillars, the big shopkeeper, the second shopkeeper and several major shareholders (owners) of the Rixingchang cabinet are having a meeting, and there is no one else in the house, not even a slave who serves tea and water.

Outside the ashram, there is no one within fifteen steps, and as long as someone wants to get close to the ashram, the people inside the ashram can see clearly through the glass windows.

This is done to ensure that the content of the meeting is not heard by the walled ears, and if the participants leak their secrets, they will bear the consequences.

The reason for such strict secrecy is that the content of the meeting is not trivial and must not be leaked, so as not to cause immeasurable losses.

The main topic of the meeting was that Rixingchang Cabinet Fang will open a branch in Nanchang, Hongzhou, and at the same time, it will issue negotiable coupons in Nanchang City to facilitate the transaction of bulk goods.

The circulation of the circulation in Nanchang is also a "cloth standard", the style is the same as the circulation of the circulation in Xiyang, and the Rixingchang main store in Xiyang is responsible for printing and issuance.

In order to ensure the credit and exchange ability of the negotiable coupons, the Rixingchang Cabinet Workshop cooperates with the wealthy families and businessmen in all parts of the Hongzhou Governor's Government to let the other party participate in the joint guarantee of the negotiable coupons, for which the shareholders of Rixingchang will increase, and the members of the board of directors will also increase.

If the business wants to be bigger and stronger, it cannot be confined to a small circle, and the large and small families and businessmen in the Huangzhou Governor's Mansion and the Hongzhou Governor's Mansion area should unite and make a lot of money together, which is the principle that the King of Xiyang has repeatedly emphasized.

Last year, Huangzhou businessmen cooperated with the big and small snakes in Jiangzhou, and the cooperation effect was very good, so the conditions for 'circulation' of negotiable coupons in Nanchang were ripe, and if they gained a firm foothold in Nanchang, the influence of negotiable coupons would increase significantly.

The Jiangzhou area is now the Hongzhou Governor's Government area, which has been rich in products since ancient times, especially the area around Poyang Lake, which has been developed for hundreds of years and can now be called the land of fish and rice.

Located on the shore of Poyang Lake, Nanchang is the material transfer center of the Poyang Lake area, and it is also a place where businessmen gather.

It is also an excellent opportunity for Rixingchang cabinet to enhance its strength, and for this reason, it is an inevitable measure for Rixingchang to gain a firm foothold in Nanchang by absorbing the head snake in the Hongzhou governor's office.

This also means that the original shareholders of Rixingchang will be diluted and their voice in the board of directors will be weakened, but the shareholders think very clearly that it is inevitable to win over more partners and make profits.

And once the cooking cake is bigger, even if your equity is diluted, you will actually get more 'dividends' than before, and you can't understand such a simple truth, and you can't keep up with the pace of Xiyang Wang.

After the king of Xiyang took the Jiangzhou area of Chen State last year, he used a knife to educate the local heroes and disobedient people, so the Huangzhou merchants then carried out trade in the Jiangzhou area with a lot less resistance, and then pulled the head snake into the gang, and the mutual transfer of interests can ensure that everyone is of one mind.

The owners of the water-powered textile workshops in Huangzhou have opened a large number of new workshops in the Hongzhou Governor's Office, many of which are cooperating with local Haoqiang and wealthy businessmen, and these water-powered textile workshops have been put into production, according to the development momentum of last year, the cloth production capacity in Hongzhou this year will reach twice the production capacity of Huangzhou.

With such a strong weaving capacity as the backing, the circulation of circulating bills in Nanchang is bound to be as stable as Mount Tai, and the large-scale issuance of additional bills has become inevitable, so at today's meeting, shareholders must make a decision on the total face value of the additional bills.

The large-scale additional issuance of negotiable bills is not as much as you want to issue, but the specific amount of additional issuance, the shopkeepers have summarized multiple information, given a proposed additional amount, and submitted it to the shareholders who have the right to make a decision in order to make a final decision.

The issuance of negotiable coupons is based on the principle of one to one, that is, what is the stock of cloth in the cloth mills participating in the joint guarantee, and the total denomination of the negotiable coupons is what is, because the Rixingchang cabinet has solemnly stated that the negotiable coupons can be exchanged for cloth in full at any time.

However, in practice, the denomination of the negotiable coupons should be higher than the total stock of cloth, but not too high, so as not to have a situation where many customers take a large number of negotiable coupons to cash, but Rixingchang cannot cash them.

Once this situation occurs, it will directly lead to a collapse in the credit of Rixingchang, and the negotiable coupons will become waste paper.

In order to establish the credit of the negotiable coupons, it took a lot of effort and several years to achieve today's achievements, and to corrupt them, it only takes one day to be enough.

Therefore, the proprietors are very cautious about the denomination of this additional issuance, and the summary submitted by the shopkeepers is very detailed, and the risks are also very clear, but the focus of the proprietors is not these contents.

Because Wang Yue, as the agent of Xiyang Wang, has prepared another plan, which has been seen by shareholders before.

The content of this plan is not complicated, and the Xiyang Wang's 'suggestion' of Rixingchang's negotiable coupons will be issued twice as much after including the cloth production capacity of the Huangzhou Governor's Mansion and the Hongzhou Governor's Mansion.

This means that if there are three pieces of cloth in hand (one in Huangzhou and two in Hongzhou), the face value of the negotiable coupons issued by the Rixingchang cabinet will be nine pieces of cloth, which is twice the face value of the overissued.

This act of Xiyang Wang's 'suggestion' violated the original rule: Xiyang Wang would not interfere with the issuance of negotiable coupons, and the amount of issuance was voted on by the owners at a meeting.

And the reason why we are doing this now is because there is a reason for it.

With the protracted war, with the increase in the government's procurement of military supplies and the extra expenses, the Xiyang Wangfu has been unable to bear it after more than a year, but it is unwilling to do the hard work of forcibly requisitioning civilian materials, so it is necessary to "empty gloves and white wolves".

That is, printing paper as money to spend.

Although this is risky, it is highly feasible because the credit of the negotiable notes is very good, and a large-scale run is normally unlikely.

Workshops, farms, restaurants, music shops and even foreign merchants in all parts of the Huangzhou Governor's Mansion have accepted the negotiable vouchers as a substitute for copper coins, gold and silver, that is to say, the negotiable vouchers have the function of currency in the bulk goods transactions within the territory of the Huangzhou Governor's Office.

Therefore, the king of Xiyang wants to over-issue the circulation coupons, and then let the government use these circulation coupons to purchase civilian materials for military use, but he does not want to print paper as money to spend with a word, but the shareholders bear the risk in vain.

Because after the large-scale over-issuance of circulating bills, the ability of Rixingchang to withstand a large-scale run has decreased, and in case of unfortunate encounters a run frenzy, it is necessary for the owners to find a way to mobilize cloth to solve the crisis.

As compensation, Xiyang Wang guaranteed that in the next three years, all shareholders will have a stable share of sea salt and cane sugar in Guangzhou, which will increase by one percent every year, which is what many people dream of but do not have the opportunity to get.

"Brother Wang, if the king is in need, I, Zhang, am willing to donate all my family wealth to fund the military, and I don't need any compensation from the king!"

It was a shareholder who spoke, and with him at the beginning, the rest of the shareholders expressed their willingness to donate their family wealth to help King Xiyang fight, they were not hypocritical, but sincerely wanted to donate money.

The people who can sit here today to participate in the meeting have long understood a truth, that is, as long as the King of Xiyang succeeds, they will inevitably succeed, as long as the big tree of the King of Xiyang is there, even if they scatter their wealth today, they will definitely earn it back in the future, and they will earn more.

With the financial resources of several families and businessmen in Huangzhou, even if they don't go bankrupt and take out the money in one place, how can they buy the materials needed by the official army for half a year, as long as they survive this year, the king of Xiyang will rise step by step, and they will be able to rise with the tide.

Wang Yue was quite relieved to see everyone's statement, of course he knew that what the shareholders said was not a scene, but Xiyang Wang made a decision after weighing the pros and cons, and he would not change it.

Standing up, Wang Yue began to ask everyone present: "At the end of the year before last, the official army marched south, and the virtuous people from all over Huangzhou enthusiastically donated funds, and the amount was very amazing, so just after a year, everyone enthusiastically donated funds, and the amount was also very amazing, what did this make the imperial court think?" ”

"The king is good at running the industry, this matter is well known, the court will only say that the king is a strong clan and a strong clan, and he will raise money and grain to train his troops to protect the country, and he will not think about it anymore, and Huangzhou businessmen have such amazing financial resources, what does it mean to some people in the court?"

"It means that the pig is fat, and it can be killed and eaten meat!"