Chapter 15 Scheming
"Master, everything has been negotiated, this is the specific contract text." The old butler of the Ziano family, Antonio, who was specially transferred from Livorna's hometown to Rome to obey orders, respectfully handed over a bunch of documents.
Old Chiano waved his hand: "I won't look at it, I can still trust your ability to do things, just talk to me about the general terms." ”
"First, the Bank of Frankfurt provided the Ministry of Transport with a credit of 9 billion paper marks (equivalent to 2 million US dollars, the exchange rate of the mark against the US dollar has floated to 4,500:1) and asked us to use it entirely for the purchase of buses, tram vehicles, equipment and related accessories from Germany; At the end of November, when the vehicle factory delivered the product equivalent to 30% of the contract value, 10% was returned, and the other 20% was offset by the compensation owed by Germany to Italy for the current year. On December 31, the German side delivered the second batch of products, equivalent to 25% of the contract value, and we should pay the corresponding price after receiving the products and acceptance, with a period of 7 working days; Before April 30, the German side will deliver all the remaining products, and we will pay the price within 10 working days;
Second, the interest rate of the loan of 9 billion paper marks is 5% per month, which is settled on a monthly basis, and we can pay in paper marks, gold marks, US dollars, pounds sterling or gold, and do not accept lira;
Thirdly, it is agreed that you will take out a loan of 3 billion paper marks (slightly more than 13 million lire) against the family estate for a period of one year at an interest rate of 50% per annum;
Fourthly, a total of 4 consortia were contacted, and it was agreed to set up a new bus company in Rome, a tram company, and a new bus company in Milan and Naples, with the Ministry of Transport taking 34% of the shares in vehicles and municipal land, and the remaining 66% of the shares being funded by them, but only 61% of the shares, and these companies have a separate board of directors, each of which is 7 people, and the Ministry of Transport can appoint 3 people and appoint a chairman, and 2-3 government representatives can be appointed in each company. However, the general manager in charge of specific operations cannot be a representative of the government......"
After Contini mentioned that he took advantage of the chaos in Germany, the elder Chiano moved quickly, and in just five days, that is, on November 24, he sent someone to finalize the general details, reflecting an unprecedented ultra-high speed, and even Germany, which has always been efficient, expressed surprise - how did the Italians change sex?
Although Antonio's report was very vague, some details were immediately understood by the old Chiano: as the Minister of Transport, he was responsible for the control of contracts and loans, and the Bank of Frankfurt was usually meant to mean something, but it was really embarrassing to make it public, so he made a fuss about the loan interest rate - the interest rate of the loan from the German bank to the Italian Ministry of Transport, which has better credit and more guarantees, is 5%, with an annual interest rate of more than 60%, while the interest rate on the loan to the old Ciano is only 50%, The difference of 10 points in the middle is the rebate and commission for the old Chiano, which of course seems to be very fair on the surface.
Based on this figure, the Bank of Frankfurt estimates that the mark will depreciate by about 50% in the coming year – and bankers also have great hopes for the current Anglo-American coordination and diplomatic mediation, believing that France and Belgium will not take risks in vain against the opposition of the international community.
(Digression: Interested readers may also wish to learn about the personal mortgage interest rates of some units, especially the CEOs and financial leaders of state-owned enterprises and institutions with relatively large amounts of funds, to see if they can still get a 7% discount interest rate from some banks when the market is generally 1.1 times the benchmark interest rate - the lower limit of housing loans stipulated by the state, everything is compliant and perfectly operated!) )
As for the other 5% of the shares in the public transport company, it is obviously the cadre shares prepared by the domestic consortium for the bigwigs of the Ministry of Communications - His Excellency the Minister is tossing credit, public-private partnerships, and agreeing to private holdings.
Old Ciano nodded slightly, and then added lightly: "1% to Tarowdale, and the other 4% to the leader, it is said that the consortium serves the party's ......."
It is understandable to give 1% to the deputy minister of transport, and it is understandable to give Mussolini a little profit, but it is a bit puzzling that the old Ciano himself does not take anything, and Antonio reminded: "Won't they be less down-to-earth in this way?" ”
Old Ziano shook his head: "The days ahead are still long, don't worry, everyone has opportunities for cooperation." As long as I am in the position, I will take care of them, but only if the leader is in the position, can we all serve the Italian people better. ”
"Got it." Antonio nodded yes, and then said, "In addition, I have arranged for someone to inquire and investigate the matter of the young master, how can I say it......"
"But it doesn't hurt to say it, he's my son, there's nothing I can't say, and I won't harm him."
"More than a month ago, that is, on October 19, the young master suffered a car accident and was injured a little, the injury on his hand was a small matter, the injury on his head was a little big, it is said that he was in a coma for 2 hours after arriving at the hospital, and woke up and said nonsense, what 'won't it, won't it, it's 1922?' 'Am I hell', 'God, you're kidding me', 'I'm going to get ahead, I'm going to work hard'...... At that time, the hospital thought that he had mania caused by a concussion, and called home for an emergency number...... However, when Madame came to visit the next day, the young master recovered, the whole person was very calm, and the doctor also proved that there was nothing wrong, and then because of the tense situation in Rome, Madame only made a phone call, and there were no other special circumstances.
This Young Italian League was actually an organization that had only been set up for a month, and after the young master was discharged from the hospital, he gave a speech with a hot head, and then said that he would form an alliance to welcome the leaders—many of these directors were friends from his school and members of the student council, and then they were pulled up all at once, not so much a full-fledged political group or student group, but rather a hot head. Of course, the young master was a leader, not only winning over the team, but also successfully convincing Glandini......
During this time, the young master's half-report also found another strange way, he ......"
If Contini heard these words here, he would be scared into a cold sweat, and Antonio actually sent someone to find out the bottom of his situation for more than a month, and even dug up a lot of secret things - isn't the so-called mania just the discomfort of just passing through that meeting?
However, the old Ciano didn't think much about it, he only grasped two key points of the report: first, Contini did engage in public debt and foreign exchange speculation and made a lot of money! Second, Contini used all sorts of tactics in this political speculation, and although it didn't seem worth mentioning in hindsight, his organizational skills and adaptability were quite masterful, given his student status and tight time constraints!
Old Chiano smiled and nodded: "That's fine, so I'll be relieved." ”
Although he is his own son, but now he mortgages most of the family business to engage in speculation, and the old Ciano has to think more about security - some words are not only hurtful to ask his son in person, but also probably can't ask anything, it is very appropriate to find someone to knock on the side and inquire.
"I don't have any flaws, but don't let Calais mistake me for stalking him."
"No, the hospital was asked by Mrs., she was afraid that the young master would leave sequelae, so she went to the hospital as soon as she arrived in Rome, and then the attending doctor retold the events of that day, and the other party wanted to talk to Mrs. very much, and talked about a bunch of young masters' situation at length, and finally confirmed that there would be no sequelae, and Mrs. was relieved."
"You call Calais and tell him to come home for dinner tonight, and I'll have the money ready for him." Old Ciano explained, "You can arrange someone to do the speculation in the capital market in Germany, just follow the instructions of the young master, unless there is a major change, you don't need to report it to me, this matter is still a private matter to put it bluntly, and he is the main one." My focus is on getting the public transport company project into practice. ”