Bernell, a loyal servant of Edward I the long-legged, mentioned to the young man in France that he had a large coal mine and wanted to use it as collateral for a loan.

The eyes of the long-legged Edward I lit up when he saw the young man in France!

He anxiously asked where the geographical location was, whether there was a title deed to prove the ownership of the coal mine, and whether New Oriental Money Bank could be allowed to send professional technicians to determine.

Oh, young man, your eagerness exposes your roots!

Edward I the long-legged sipped his coffee quietly, and for the first time he felt that it tasted so good...... He believed too much in the abilities of his loyal retainer Burnell.

Sure enough, Bernell circled him, and in a few moments he discovered that their vaults contained a considerable amount of gold and silver coins, the total of which he estimated to be more than 20,000 pounds!

My God, this is a rich bank...... The London branch of the Templars was far inferior to them, if what he said was true.

However, he saw that the young man's appearance did not seem to be lying.

Bernell, a loyal servant, set his sights on the king, who had been drinking coffee...... The amount is too large, and it is related to the royal property and the state system, which needs to be expressed by the king.

Edward I the long-legged spoke leisurely and said, "There is more than one coal mine...... What if it's a piece? And we also have tin and lead mines...... Is it impossible for iron ore to stake low? ”

The young French was stunned and speechless for a moment.

Not only was he stunned at what kind of nobleman could own so many minerals at the same time, but he also felt that this tall English nobleman spoke with an overwhelming momentum.

Although the other party only spoke slowly, he felt pressure......

Edward I the Long Legs smiled and said, "If the annual interest rate on your loan can be lowered, I may borrow more...... You see, we Christians hate usury. ”

The young Frenchman was a little flustered, and said:

"Dear customer, our annual interest rate, which should be called an administration fee or a handling fee, is much lower than that of the Knights Templar's banks and the banks of Florence...... And, as you can tell from the fineness of our coins, our silver is much purer......"

It is true that the pope of this plane does not allow interest on loans to be charged to believers...... However, there are policies at the top, and countermeasures at the bottom.

Let's start with the origin of the Knights Templar's bank.

In fact, the risk of being a crusader is very high, and it is difficult to say whether you can return to your homeland if you go out, so most people are willing to arrange the rear first.

At this time, the Knights Templar relied on their castles and churches to preserve their wealth, such as money, estate, antiques, etc., and of course some of the wealth of the pilgrims.

Saving on behalf of others does not mean that it is not used, and the essence of finance is not to make money with money.

With the official background of the Knights and their own efforts, the deposits became more and more, so the financial wizards of the Knights began to carry out foreign exchange business.

Because they have branches in Europe and Jerusalem, they can withdraw their deposits in Jerusalem for these pilgrims, and they meet the needs of the congregation, who are afraid of being robbed on the road.

This was the beginning of the first large-scale use of cheques in Europe, which was similar to the emergence of the Great Song Dynasty banknotes, but the number was too large to be used as paper money in normal times.

Of course, deposits alone are not enough to become a bank, there is also a loan business.

Although the Holy See prohibits the collection of interest, the regulations can always be bypassed, and the name becomes the rent of coins, isn't it legal?!

The Templar Order of Inb had definitely gone to the point of influencing European politics when it came to loans.

The Holy See itself is one of the big demanders!

The support of the major secular powers for the crusaders was not in vain, and naturally many of the loans went to the major secular regimes in Europe...... Sadly, the Knights Templar Bank was destroyed by the King of France in the name of blackmailing, which naturally had a lot to do with this business, and the French king just wanted to pay off the debts with black.

Of course, that's all for later.

The banks of the Knights Templar called the interest rent...... The banks in Florence were equally clever in that they deducted a sum of money at the time of the loan and then demanded that the other party repay the original amount of the loan, which they called a discount.

New Oriental Money & Co. and Yin Di'an Co., Ltd. came to the new business district of London at about the same time, and when they first selected people to open their money stores, they tried to select talents from among the white slaves who had become free men, and of course, they also recruited some free white merchants.

According to the religious and secular characteristics of the European region, they do not call the annual interest monthly interest, but the management fee or handling fee...... In fact, this is something that both the borrower and the borrower know very well.

Seeing the other party's nervousness, Edward I smiled again, and said, "Hehe, young man, you can still reduce the annual interest...... I believe that 50 percent is by no means the bottom line. ”

Well, the young Frenchman was defeated by him, and he honestly said that this was up to the manager, and he had no right to decide...... And the manager is now on Liberty Island and won't be back until at least ten days later.

Edward I, the long-legged man, sighed in his heart, he needed a low-interest loan, but it also took time.

But fortunately, there is another one, according to Bernell, that Indian Bank seems to be similar to New Oriental Bank.

Long-legged Edward I made two assertions:

Their interest rates can still be lower!

They do accept low stakes for minerals...... All this is not bad for the Kingdom of England!

Edward the Long Legs gave full authority to the loyal minister Burnell, and asked him to take his power of attorney and talk to the Indien Bank.

He believes that Bernell can negotiate a good outcome.

Sure enough, Bernell never let him down!

Half a month later, Indien Bank borrowed £10,000 for a year at an annual interest rate of 45 per cent, and the collateral was only in two coal-producing areas in the Midlands of England and Wales.

The financial crisis of the Kingdom of England was solved.

Edward I the long-legged stepped up his efforts to ransom his captives and also increased the payment of war pensions, and as a result, he was still called "our god of war king" by nobles and knights.

Ten thousand pounds is more than enough to cover those expenditures, and the remaining funds cannot be left in the treasury in vain.

The long-legged Edward I wanted to find a more profitable investment.

He and Bernell once wanted to raise the price of coal produced in the Kingdom of England, and in fact, he was the largest mine owner in the Kingdom of England.

However, he soon got the news...... That Scottish puppet kingdom has even begun to produce coal on a large scale!

It's really infuriating, where did God find out that a poor Scottish boy is against himself?!

Coal in Scotland is largely the same as in England...... I still want to increase the price, but due to the sudden increase in production, I almost had to reduce the price!

Fortunately, it was not long before the inhabitants of the Kingdom of England and Scotland began to learn to use coal for heating and cooking, and many learned to build stoves, flues, and chimneys that the Orientals used to burn coal.

Wood is much more expensive than coal.

In this way, the price of coal has not been reduced.

However, the man sent by the loyal Bennell to Liberty Island to check on the situation returned, and Burnell was delighted with his report.