At the moment of the collapse of bonds, it is very coincidental that representatives of the Bank of Bahrain and the Rothschild family bank happened to be in Hong Kong. Pen, Fun, and Ge www.biquge.info Both of these banks have the ability and experience to crack down on the Ming currency, so they are very suspicious, and Zhu Jinglun sent people to inquire separately.

"Didn't you Bahrain do it?"

But the people at the Bank of Bahrain flatly denied it.

"Why are we doing this?"

It is clear that the representatives of the Rothschilds, too, will definitely not admit this.

But they all have the ability, they all have the channels, they have the methods, and most importantly, they all have the motivation.

Because the Ming Dynasty finally began to build the railway.

Before Zhu Jinglun went to France, the Ming government had already mastered most of the land in the area through which the railway passed, and only a few cemeteries and ancestral halls had not been negotiated.

When Zhu Jinglun came back from France, most of the problems that could be solved were solved, several ancestral halls were willing to relocate after the official government left the Gao family, and several cemeteries also agreed to give the government this face after the emperor wrote a memorial to their ancestors, and there were actually only three real diehards, one of which was in Xin'an County, one in Dongguan, and one in Panyu County, of which Dongguan and Panyu were cemeteries, but Xin'an County was just an ordinary vegetable field.

Zhu Jinglun could guess that the two families would deny it.

The Rothschild family has little to do with the Ming Dynasty, Bahrain is a little closer, he once helped Wu Chongyao and Zhu Jinglun speculate, of course, Zhu Jinglun is confidential, all Wu Chongyao came forward and divided the funds into two parts, one part of the confession is for the Wu family, and the other part is said to be for other businessmen, and it has never been said that it is Zhu Jinglun himself.

The Bahrain family probably never thought that the more than 100 million taels of silver he had speculated on belonged to the emperor, in fact, he always guessed that the money belonged to a number of large Chinese merchants, such as a few merchants in the thirteen lines.

Therefore, he never thought that Zhu Jinglun had the ability to throw out 10 million taels of silver by himself and smash it directly on a railway.

Bahrain can't think of things, Rothschild doesn't know, the Luo family doesn't even know that there is this money, Bahrain helps people to do speculation, they will not tell others easily, especially the peers in the City of London, it is not illegal speculation, mainly because of the protection of their customer information, in fact, it is to protect their interests, if others don't know who their customers are, they will naturally not be able to dig away their high-quality customers, Wu Chongyao and other funds brought by Wu Chongyao are obviously the best customers, It is the most confidential information of the Bahraini family.

The Rothschilds did not know that the Chinese had made a windfall, let alone that it was made by the Daming Emperor, so according to their analysis of the financial situation of the Daming government, they believed that the Daming government could not afford to build a railway.

However, the Ming government never accepted their financing services, and insisted on issuing treasury bonds in Kowloon, which was underwritten by the Bank of Guangzhou, and HSBC and other banking groups helped to promote them.

But this made the Rothschilds quite dissatisfied, they thought that this was the Ming government taking risks, and the risk-taking refused to let the Rothschilds make this money, which was simply irrational, and in the market, irrationality was punishable.

So the Rothschild family shot, taking advantage of the defeat of the Japanese shogunate, the shogunate bonds in the market to collapse the opportunity, they began to suppress the Ming bonds, panic under the Ming tens of millions of bonds were sold, as the main underwriter and holder of the Guangfu Bank is bound to save the market, is bound to invest a large amount of money, at this time the Rothschild family began to crack down on the ultimate target, that is, the national currency credit of the Ming Dynasty, the legal tender issued by the Bank of Guangzhou: Ming Liang.

Just as the pound sterling is called the pound and the franc is called the franc, the Guangfu Bank banknotes were designated as legal tender after the founding of the Ming Dynasty, stipulating that they could not only be used for taxes, but also for the purchase of government assets.

As legal tender, the Canton Bank banknote is also known as the Ming Liang, which is a unit of weight, just like the pound sterling.

It can be used to pay taxes, which itself is injected into the largest government credit, because paying taxes is a rigid demand, then paper money is always useful, so in the process of implementation, relatively smooth, not only in the Ming Dynasty has been fully promoted, businessmen who need to pay taxes regularly were the first to accept paper money, businessmen are in control of the economic system, they accepted paper money, and the people also accepted it.

But the paper money of this era, the most fundamental credit, in fact, can still be freely exchanged with precious metals, Western currencies are like this, the same is true of Daming banknotes, Guangfu Bank is committed to unlimited exchange, plus the huge credit of Guangfu Bank, known as the capital of 100 million taels of silver, mainly exposed shareholders among the Ming Emperor.

In fact, everyone believes that the emperor is the greatest trust of the people of Daming in this bank, because some people will think of the collapse of the shop, but no one will think about the fall of the emperor, and they are not willing to think about it at all, because that means that the world is in chaos, everyone will go bankrupt, the emperor will not fall, the paper money printed by the emperor, said that it can be exchanged, the emperor Chrysostom Yuyan, export into the constitution, the words spoken in the concept of the Chinese that is the law, the king has no jokes, who dares to doubt that the Guangfu Bank will not give exchange silver.

Therefore, the biggest credit of the Bank of Guangzhou is not its own capital, not the credit injected by the government, but the unique credit of the monarchy in China's tradition, which is incomprehensible to Westerners.

Therefore, they dare to use Western rules to attack the Ming banknotes, they think that in the end, under pressure, their government will compromise, as for their emperor, they have always only regarded the king as a part of the government, especially the British, but also as a symbol of the government and the country, the symbol is just a flag, just to decorate the façade.

But is it just the Rothschilds, since both Bahrain and Rothschild have motives, Zhu Jinglun is inclined to think that this is a joint action of the two banking giants.

However, they did cause a big problem for the bank.

"How many banknotes do we have now?"

For such a big matter, Zhu Jinglun directly recruited Wu Shouye, the general office of the bank, to report the situation.

"There are 100 million taels sent out!"

Wu Shouye said a little nervously. His father was the shopkeeper of Wu Bingjian, and when he arrived at Wu Chongyao, he was the big shopkeeper of the Wu family, and he was Wu Chongyao's most profitable cronies, and he is still the chief shopkeeper of the Wu family's business. His father worked for the Wu family, and he worked hard all his life, of course, he made some money, bought some land in the countryside, and named his son Wu Shouye, in fact, his son's character is not conservative, and his son's name reflects Lao Tzu's conservatism.

Wu Shouye issued paper money before, he was a little too relieved and bold, at least he thought it was so, Guangfu Bank claimed to be 100 million taels of capital, and the actual operating capital was only 30 million taels of silver, of which Zhu Jinglun was the sole proprietorship of 20 million, the Wu family was 8 million, Pan Shicheng was 2 million, and Zhu Jinglun was the largest shareholder.

With 30 million taels of silver issued 100 million taels of banknotes, in the commercial banks of other countries, may not be nothing, but in a country that has not had a modern financial system, this is a big venture, a healthy financial system, itself is a huge breakwater, in the face of financial impact, the more developed the financial system, the greater the force that can be mobilized, but now under the financial system of the Ming Dynasty, the Guangfu Bank to meet the impact, simply can not rely on the overall strength, can only rely on themselves, he can not raise funds in the market.

Zhu Jinglun nodded and said, "It's a little more, but most of them are bought from the government." ”

Wu Shouye nodded, Guangfu Bank has undertaken the issuance of government bonds many times, and this time the bonds exploded, he urgently rescued the market, and posted a lot of money, and most of the money invested in it was paper money. Although Chen Zhiting has always wanted to reduce the government's debt, his debt has continued to rise, and he has a debt of 80 million taels this year. Most of these 80 million taels are in the vaults of the Bank of Guangzhou.

The Bank of Canton issued 100 million taels of banknotes in exchange for 60 million taels of silver in bonds, which were then sold and spent through the government, and finally flowed into the market.

That is, there are 100 million taels of banknotes in circulation.

"Overall it's not much. How much cash do we have in our bank? ”

Wu Shouye said: "There are still 10 million." ”

There is only 30 million capital in total, and there are many people who exchange during this time, mainly some banks and ticket numbers, which are also the main customers of Guangfu Bank.

"Open the exchange, tell the big customer, we can also come to the door to redeem!"

"Ahh

Wu Shouye was a little surprised, there were only 10 million left, where to transfer so much silver.

Zhu Jinglun didn't wait for him to ask, and said directly: "I still have 30 million in my hand, and I can come to the palace to mention it at any time." ”

Zhu Jinglun's speculation in Britain finally made a profit of 75 million taels, and after deducting the exchange costs and the additional bonus finally paid to the Bank of Bahrain in accordance with the agreement, Zhu Jinglun had 60 million taels in his hands, of which 10 million was deposited in London for reserve, and 50 million was remitted back to China.

This money was given to the bank as a capitalist with 20 million, and the rest was stored in the treasury, and now it is lying in the palace.

Zhu Jinglun usually doesn't spend much, so the money saved in is basically not touched.

Issued 100 million banknotes, it is impossible to exchange them all, the small banknotes in the hands of the people, as well as the cash used by the shops to turnover, can also account for at least half, then 50 million is enough, in addition, Daming banknotes are not only circulated in Daming, but also circulated in Shanghai tens of millions, this money will not flow back for a while, of course, Shanghai people are also in panic under the run, after the major banks exchange, immediately take the Guangfu Bank for exchange, but this takes a time process, the fastest will also take ten days, It's enough for the Ming to eliminate this crisis.

Wu Shouye immediately did as Zhu Jinglun said, not only greeted the major banks and told them that they could come to their door to exchange them, but also immediately sent someone to set up a branch in Shanghai to specialize in clearing services, and shipped three million taels of silver with the ship.

On the one hand, they run on paper money because customers run on them, on the other hand, they are also worried that their paper money will become waste paper, to be honest, they have not a few paper money in their hands, their exchange speed gradually slowed down, and Guangfu Bank only paid 30 million taels, there are 10 million taels in the bank, a credit crisis has been resolved.

But Zhu Jinglun has never been a person who is willing to suffer dumb losses, and it is only a matter of time before he will come back with revenge sooner or later.

The top priority is still the railway issue, because of the railway, and it will end because of the railway.

Just after the run crisis, a large amount of cash silver returned to the Bank of Guangzhou, after all, the circulation of paper money has begun to form a habit, and the major bank ticket numbers need paper money to do business, so the silver was deposited in the Bank of Guangzhou again, at this time the Bank of Guangzhou announced that it would underwrite a new batch of 10 million taels of silver railway bonds for the Ming government.

The bond was sold out within three days, and the main holders were banks that had just run on them.