Although he was a little inexplicably excited, when he thought of the gap with the British, Zhu Jinglun began to be a little depressed again. Pen? Interesting? Pavilion wWw. ｂiquge。 ｉｎfo

The British now exported more than £50 million a year to cotton textiles, or 150 million taels of silver, and during a boom period of 1863-1867, the capital of the newly registered joint-stock companies reached £700 million.

Obviously, to catch up with Britain and the United States, we must work together with the whole people, relying on Zhu Jinglun's successful financial speculation alone, it is far from possible to complete the accumulation of industrialization, not to mention that it is impossible for him to convert this money into industrial capital in the short term, because China does not have that foundation, the British are as long as they have money, they can expand industry, before World War II, British heavy industry was almost all deindustrialized, but once they found signs of war, they immediately invested, and soon they were able to create a set of heavy industry system.

This is the power of industrialization, and once industrialization is completed, the accumulated knowledge of industrialization can rearm them at any time.

If industrialization is so simple, the hundreds of millions of taels of silver capital accumulated during the Thirteen Elements period may have already multiplied China's industrial strength.

To provide capital for industrialization, can not be separated from the banking industry, Guangdong's banking industry, and even the entire Chinese banking industry, are all controlled by foreign capital, relying on these foreign capital to provide capital for China's industrialization, obviously unreliable, these are some focus on trade capital, they are more willing to give commercial capital loans, and even directly into the commercial field speculation, even banks like HSBC, are relying on speculation raw silk and other commodities to make a fortune, they want fast money.

It is necessary to have its own bank, and after the Meiji Restoration, Japan's vigorous establishment of banks was one of the greatest wishes for the industry of this small and barren country to grow.

After Wu Chongyao concluded diplomatic negotiations with Denmark and Sweden, apart from continuing to work hard to learn diplomatic knowledge, he did not have any special tasks during this period, and it was very appropriate for him to set up a bank.

immediately called Wu Chongyao over and discussed the matter with him.

Zhu Jinglun also asked whether the Wu family had become a shareholder.

Channeling this traditional business family into a modern capital family is equivalent to transforming the commercial capital of an agricultural society into the industrial capital of an industrial society, which is the same reason that Japan and South Korea have successively encouraged chaebols.

As soon as Wu Chongyao heard that he was doing business in partnership with Zhu Jinglun, he immediately showed great interest, and he also had a share of Zhu Jinglun's war money in London, and his income would not be smaller than Zhu Jinglun's.

In fact, Zhu Jinglun thought too optimistic, the economic system is a very complex system, not just relying on a little historical memory can call the wind and rain, he and Wu Chongyao two huge funds injected into the market, the market reaction caused is huge, they received goods far from so easy, resulting in a later generation of "Chinese buy what price increases" phenomenon, as a result they hoarded when the price was not as low as imagined, in the end, although the price rose more crazy to 21 times, but Zhu Jinglun profit was only 7 times, In the end, he made a net profit of 65 million taels, and Wu Chongyao used 2 million hoarding in exchange for 20 times the income because of the premature hoarding of goods, but he did not earn as much as Zhu Jinglun.

"I plan to increase the registered capital of this bank to 100 million taels at one time, and suppress all the foreign banks in China at once, I don't know how much your Wu family plans to invest?"

Hearing the figure of 100 million taels, Wu Chongyao couldn't help but have a toothache and gasped.

The first time I played the bank, this is too big, HSBC's current registered capital is only 5 million silver dollars, equivalent to only 3.5 million taels of silver, and the original paid-in capital is only 1 million taels, according to this ratio, it means that the amount of capital that needs to be paid is as high as more than 38 million taels.

But when he thought of doing business with Zhu Jinglun, he didn't seem to have suffered a loss, and he immediately gritted his teeth.

"I pay 10 million taels."

Zhu Jinglun nodded: "Then I have 90 million taels left." ”

Wu Chongyao was stunned: "Do you plan to pay it?" ”

After a trip to the United Kingdom, Wu Chongyao became interested in the financial operation of the United Kingdom, and in fact, during this time, he had already begun to discuss with the four major merchants of the Pan family, the Lu family and the Ye family, and was ready to establish a Guangdong Futures Exchange with reference to the British futures exchange.

The model of the bank he also worked hard to learn, of course, he knows that there is often a huge difference between the so-called registered capital and the paid-in capital, when the British establish a joint-stock company, the paid-in capital is often 20%, in his opinion, the amount of registered capital is also for outsiders to see, let others know that they have strength, just like his father revealed his own industry, a big reason, is to let foreigners understand the strength of his family, so that they can believe in his family's credit, and be more assured to do business with Jardine Matheson.

I don't know much about financial theory, but Zhu Jinglun also understands that there can be no equivalence between paid-in and nominal capital, but what can I do if I don't put the money I earn in the bank?

Zhu Jinglun thought about it, let's play according to the British play, to be honest, Zhu Jinglun can't catch up with people's knowledge of capital operation, and it is always an advantage to keep cash in his hands.

"Okay, you pay 10 million taels, you can also ask the Pan family and other big families to see if they are willing to buy shares. In the past few years, each of them has resumed business, and the government has not extorted money, and they have all earned millions of taels of silver. ”

Originally, these families each had a trade volume of millions a few decades ago, and a profit of more than one million was common, although now they have lost the monopoly business advantage, but they do not have to serve the government, plus the convenience of Xin'an after the opening of the port, the money is not less, especially these are actually the largest opium merchants in Guangdong, the drug trafficking business is a huge profit in any era, Xin'an has an annual opium trade volume of more than 20 million taels, and the profit can be 10 million taels, and foreign commercial banks such as Jardine Matheson can not make enough money. There are definitely a lot of profits that can be shared by the four major families.

Wu Chongyao promised to help ask.

Regardless of whether they buy shares or not, Zhu Jinglun will take over the capital injection behind.

Before the end of the year, Wu Chongyao pulled up the shelves of the bank and hired a French banker, McLean, who was the manager of the Chinese branch of the Banque de France, with a high salary.

In 1860, the Bank of France opened a branch in China, the purpose was originally for China's raw silk, so as to provide raw materials for the prosperous French silk weaving industry, and even gave the bank the alias of the White Silk Bank, but no matter how hard the French worked, the French silk mills were more willing to go to London to purchase raw silk from the world trading center, resulting in the Chinese branch of the Bank of France having no business to do, and finally like other foreign banks, it operated the opium trade, and the White Silk Bank suddenly degenerated into a black soil bank.

McLean stayed in China for two years without seeing hope, at this time Wu Chongyao was hired with a high salary, promising to give him an annual salary of 10,000 pounds a year, he happily agreed, this guy came to China to earn 50,000 pounds, and then return to China to get married, he didn't like the hot and humid climate of Guangdong at all.

After McLean arrived, he quickly helped build the framework of the bank, and Zhu Jinglun named the bank Guangfu Bank.

The first task for McLean was to print Cantonese banknotes!

This is not a moment and a half will be able to do a good job, you have to find a craftsman stereotyped, this era of Western paper and pen printing has begun to use steel letterpress printing technology, the first was invented by the Americans in the early 19th century, carved out of the paper and pen pattern on the hard steel plate, brushed with ink, the wet banknote paper with high pressure pasted on the engraving plate, the printed paper and pen with a three-dimensional sense, while engraved on the steel plate, almost impossible to copy, because the engraver's knife can not guarantee that the same once and again.

But there are still counterfeits, with the New York Times warning this year that 80 percent of the banknotes on the market are fake, largely because of the financial chaos caused by the war, but also a third of counterfeit money in peacetime.

Therefore, Zhu Jinglun's request to Marcoline is to be as exquisite and fine as possible, increase the cost of counterfeit banknote manufacturers, and increase the intensity of anti-counterfeiting at that time, so as to prevent counterfeiting as much as possible.

The Americans also ordered an anti-counterfeiting technology, invented by Benjamin Franklin himself, to find a leaf, rub the leaf on the gypsum board, and then transfer it to a metal template, because the texture of each leaf is unique, so this pattern is impossible to imitate.

In order to strive for authenticity, Zhu Jinglun demanded that banknotes with images must be printed, and images with a three-dimensional sense were obviously more difficult to imitate. The avatar was chosen as Zhu Jinglun's, not because he was overjoyed, but because of political considerations, and he hoped that by doing so, he could increase his political influence.

To be honest, Zhu Jinglun's control over Guangdong is still not strong enough, except for the Pearl River Delta region, that is, the Wuyi region where Turks and guests live together, the Huichao region and western Guangdong, and other places are still very weak, and Nanshao Liandao has no control at all, and it has almost become an anti-Zhu Jinglun base now.

For safety, Zhu Jinglun asked McLean to pay a lot of money to hire an engraver from the Netherlands, and he had to carve in China in case he left behind the manuscript of the baseplate. A complete set of expensive engraving tools was procured for this purpose, and the steel plates were ordered from Sweden. But if you want to engrave the engraving, it will take half a year at least or a year at most, so it will take a while for Zhu Jinglun's banknotes to meet.

And the bank is only low-key opened, in the bank, there are many ticket numbers in Guangzhou Xiguan bought a piece of land, in an orderly first construction of the building, Zhu Jinglun allocated 10 million taels of silver, digging deep into the basement to make a vault, using solid granite to build, covering an area of 15 acres.

For safety reasons, local craftsmen in Guangdong were invited to build underground vaults, and only after the vaults were completed and sealed did they ask foreigners to design the arch support structures, and the construction was still done by local craftsmen, but by another group of people.

Although the use of foreigners, with the Western-style stone building support framework, the outside still maintains the Chinese architectural style, the outer layer of bricks and tiles for a certain decoration, from the outside, it is a sealed brick house, nothing special, just a word big, 50 meters wide, 100 meters long, 30 meters high, square building.

This fraud is extremely expensive, and the initial budget has reached 10 million taels, but Zhu Jinglun did not hesitate for a moment, the bank is playing with a credit, so the world's large banks are very keen to build buildings, the purpose is to show their own strength, so that customers can rest assured of their credit.

HSBC later built a building in Shanghi that cost tens of millions of silver dollars, but after the building was built, business also improved, and the cost was paid for in less than two years.

In addition, the building is a fixed asset, and it is the most valuable fixed asset, and the bank's capital cost has always been relatively cheap, so the bank has the motivation to build the building, whether it is HSBC or Citibank, they all have their own super building.

Zhu Jinglun believes that he will definitely not lose to the building of a foreign bank by building this building, and it will occupy a big word.

Tall and sturdy, this is the impression that Zhu Jinglun wants to leave on people, the impression of a bank that will never fail.

At the same time, he also carried some of his current subconscious, that is, to seek stability, to maintain stability as much as possible, and to grasp the power of Guangdong smoothly, for which he did not hesitate to make false promises with Bai Gui and other bureaucrats for a whole year, and he never stopped competing with each other secretly, but he still maintained a calm situation on the surface. (To be continued.) )