Chapter 48 Establishment of the Imperial Bank

Guangxu received the news from Europe that the situation was very good, and it was similar to what he expected, but the money for purchasing equipment in Europe was equivalent to borrowing from businessmen, and the money had to be repaid in China, and it was impossible for Guangxu to make money, so the establishment of the Huaxia Imperial Bank was particularly urgent and important. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 ｉｎｆｏ

Now China's popular financial system is a thing called the ticket number, this thing mainly makes money by "water", to put it bluntly, it is the cost of transfer, this is actually a big progress, at the beginning of the use of cash, the money is not safe in the transportation process, you have to hire someone to escort, this is the dart game, the price of protection is quite high!

So first of all, the businessmen in Shanxi thought of this method, why bother to go back and forth, I have business in Guangzhou and Tianjin, the money you make in Guangzhou, I will open a bill for you in Guangzhou, you can go to my shop in Tianjin to get the silver, safe and worry-free, but also save a lot of freight premiums!

Therefore, the ticket number used to be very prosperous in China, but it has a very deep limitation, that is, these bills are ultimately paid in cash, and when the situation is bad, they simply cannot be turnover, so many bills eventually died out and failed to develop into a modern banking system.

It seems that this matter has to be handled by Guangxu himself!

Guangxu summoned the owners of the most famous ticket numbers and their shopkeepers, you must know that these people all have tops, and many of the annual donors are sold to them.

Guangxu looked at these people and asked!

How much is my Forbidden City worth?

This group of people is stupid!

。。。。。。

What is the emperor going to do, not to buy the Forbidden City, who dares to buy this!

I don't know, and I still don't dare to say it!

Well, don't be afraid!

Let's be honest with you!

We have purchased a lot of machinery and equipment in Europe, the most important of which are ironmaking, steelmaking, copper making, machine tools, wire reeling and other processing equipment.

I have all the money, but I borrowed it from the businessmen who went to Europe this time, and I borrowed a lot, and I can guarantee that after these equipment return to China, we will definitely make a lot of money when we build the factory!

But now there is a shortage of money, but you have it!

So I wanted to borrow some!

Don't worry, I won't borrow in vain, and I'll pay back the interest!

That's it! I used the dynasty as collateral and issued bonds to the society, with an interest of 3 cents per year, a ten-year term, with interest paid annually, and the principal was repaid at the end of ten years.

Of course, the Forbidden City is the ultimate collateral, and the money borrowed will be used to develop modern factories, and we will use the profits generated by iron-making, steel-making, silk reeling and other factories to pay interest and capital as collateral!

What do you see!

Your Majesty, how many bonds are you going to issue!

Two hundred million taels!

Yes!

And I'm going to build the Huaxia Imperial Bank!

All your tickets have to be transformed together, and they all follow me to run a bank, otherwise your ticket number will be banned, in short, follow me, I will take you to make a fortune, if you don't follow, go back to retirement! Don't force it, because soon you won't have any room to live.

What is going to happen to this bank?

The 200 million bonds issued will be exchanged for silver taels as the reserves of the Huaxia Imperial Bank, and with these reserves, we will issue the same banknotes as the United Kingdom, and exchange one dragon yuan for one tael of silver.

In this way, we will all get benefits in the end, after the ticket number is transformed into a bank, we must learn new business content, that is, to invigorate finance, and the business of lending must be developed!

What is borrowing!

Borrowing is when you lend money to someone who needs it, and then collect interest from him, and set the interest rate according to different circumstances, length of time, and other factors!

What if the person who saved the money comes to withdraw the money, and we lend the money out again?

At this time, the role of my central bank will be reflected, and you will have no money to borrow from me! Of course, I'm also going to charge interest!

But I will charge a very low amount, for example, when you take it out, it will be six cents, but you will get three cents from my central bank, and you will use him to pay for the money and withdraw the money, and you can use him to lend money and collect interest, in short, it is a big profit!

These people are all human spirits, a little bit thorough, they all understand that this is a golden mountain, if they can take the lead in establishing a bank, it will undoubtedly win a huge opportunity, so they are full of expectations for the establishment of the bank.

Let's go back and see how many bonds we can undertake, and we will first set an issue of 200 million taels, not only for the ticket number, but also for businessmen, officials, and so on, as long as he is willing to buy, we will buy, we must expand the capital, and we must quickly expand the paper money to the whole country, so that the industry and commerce of our empire will have sufficient blood!

Driven by interests, people will forget all the difficulties, the entire ticket number of Huaxia has been stirred, whether it can directly come down to the economic reform to obtain benefits, it depends on how many bonds can be sold for the emperor, with these bonds is equal to the possession of the dragon yuan, with these dragon yuan as reserves, and then to the central bank loans, then how big the business will be, I really dare not think about it!

These people discussed together how much money to buy these bonds, and the bonds are now underwritten in the early stage, and the equipment for the specific printed bonds will be printed and sold on a large scale after returning to China.

Now in front of these ticket numbers is that the emperor wants to borrow silver, and if he doesn't borrow it, he will lose the opportunity for this development, and if the emperor doesn't pay it back, they will face the tragic scene of losing all their money!

200 million taels, this is not the ticket number can eat, so these ticket numbers were convened by the emperor to hold a conference, as the saying goes, peers are enemies, these ticket numbers are no exception, especially the famous Lei Lutai and Rishengchang two ticket numbers, that is a feud relationship, but under the call of this national interest, I have to sit together.

After many days of discussion, each ticket number organized the purchase of 10 million taels of treasury bonds, three cents, ten years, and annual interest payment of treasury bonds, and then it was to be mortgaged by the national tax, customs, and enterprises planned to be run in the Qing Dynasty!

With this money, it is equivalent to having a pool of living water, the bank's specific matters will be handled by themselves, Guangxu as long as it exists as the final guarantor, of course, this central bank must have an office place, then build it in the Old Summer Palace, you find a place for yourself!

In order to show the importance of this project, Guangxu personally wrote a holy decree, mortgaging the Forbidden City to the central bank, and the central bank used this as capital to borrow 200 million taels of silver from major bills for the first time central reserves, and then used these reserves as capital to issue China's reserved currency, Long Yuan!

At this time, a big plan is slowly being perfected!

Eventually, China and Britain reached an agreement of understanding that the Chinese garrison in Nanyang would be completely withdrawn after five years, and that the Chinese in Nanyang would have limited access to armed forces to protect their private property.

This is very important, in the national liberation movement set off in Nanyang in the next 50 years, because the Chinese not only have the dominant power in the economy, but also have their own real armed forces, they have declared independence, and have always maintained a very good relationship with the Chinese Empire, it can be said that it is a family, it can be said that Nanyang is the "back garden" of the Chinese Empire, of course, this is a later story.

Britain agreed to compensate for the losses suffered by the Chinese in Nanyang this time, with a compensation of five million taels, but there was no cash, which could be deducted from the indemnity owed by the Qing Dynasty to the British, that is, the indemnity paid by the Qing government to the British government in the future could be given to the Nanyang people!

This money Guangxu in Taiwan, Fujian and Guangdong to build a number of modern universities, the most famous of which is "Nanyang University" every year to Nanyang will recruit one-third of the students, but there is a full scholarship! Such a move was warmly welcomed by the Nanyang Chinese, and all the Chinese would tell their children that if you study hard, you only need to be admitted to the "Nanyang University" in the empire, and you will be considered a carp jumping the dragon gate.

The UK agreed to cut the output of **, reducing the time to a further limit of three years.

China and Britain have reached a lot of economic cooperation plans, China agreed to set up a free trade zone between China and Britain in Shanghai, and a number of cooperation agreements reached will be implemented in this trade zone, and the time set for this trade zone is 100 years, China hopes that the two countries can establish a long-term partnership!

Li Hongzhang's hands have softened in the past few days, I really don't know what these people think, those who paint send silver to him, come to China to do business, come to me to register! You and my Chinese enterprises to talk about specific cooperation projects!

Many people want to come to China to set up silk reeling factories because it is a raw material production place and labor is cheap, and some come to apply for the establishment of kerosene factories, steel factories and so on.

There are also those who want to take a stake in China's future steel plant, and they should know that this must be a very important direction!

So Guangxu created a securities trading market in Shanghai, and sold the shares of steel, cement, kerosene, and even military enterprises to be established in the future.

Stocks are a new affair for Chinese, but not for the British, so many Britons have sent money to Li Hongzhang to buy stocks, in fact, this is a stock has not yet been printed, so Tang Shaoyi calculated the share according to the total share capital! Then you can pay as much as you want, and you can go to Li Hongzhang and issue an official seal with the emperor of China. Because this thing is only available to Li Hongzhang, in fact, it is useless for others to take it, and it is useless to fake it, it should be that Tang Shaoyi has a record.

Because all the company's shares at that time were physically available, so China also had them, and when these Britons held the shares with a big red seal, they thought it was so interesting, and this big red seal was much more effective than an ordinary signature.

In accordance with Guangxu's instructions, Tang Shaoyi set up the Huaxia Imperial Bank next to the Chinese embassy in Britain, through which future dividends would be exchanged every year, and the issued shares could be traded on the London stock market with the consent of the British government.

Unexpectedly, when the delegation left the UK, the shares issued by the Chinese company in the early stage had already been openly and legally traded on the London stock exchange, and they rose more than ten times on the day the market opened.

Li Hongzhang didn't care about those, the old man's eyes were spent on the stamped in the past few days, but the old man didn't feel tired at all, because he had money, the old man had run a lot of foreign enterprises, and he knew the difficulty of not having money. Now it's no longer called an ordnance factory, the emperor gave it a new name, what is the Imperial Tianjin Ordnance Manufacturing Co., Ltd.! So long!

And my Hebei Tangshan Iron and Steel Co., Ltd., my cement manufacturing Co., Ltd., and 。。。。。。

The old man was so tired that he fell asleep!

Tang Shaoyi said, let the adults in the middle hall sleep for a while!

Liang Dunyan and Wu Zhongxian came to negotiate with Li Hongzhang with the treaty negotiated with Britain at the end, and Britain hoped that Wu Zhongxian could stay in the Netherlands to become a judge of the Second International Court.

At the same time, he promised that as long as Wu Zhongxian was appointed as a judge of the Second International Tribunal, then Britain would try its best to help China in the First International Tribunal in Hong Kong, and would definitely strive for China's legitimate rights and interests to the greatest extent!

At this time, Li Hongzhang woke up and saw: "Take it, how much is it this time!" ”

When Tang Shaoyi and Wu Zhongxian heard it, they laughed!

Lord Zhongtang, you're about to fall into the eyes of money and leave!

Li Hongzhang realized that he had lost his temper and asked, "What's going on over there?"

Liang Dunyan and Wu Zhongxian reported the progress of the matter!

Li Hongzhang took the negotiation offer, article by sentence reader, the old man knew that these foreign devils are not a good thing, so we must not be careless, after reading it once, I did not find anything that needed to be modified, and he was very satisfied with the success of the negotiation in front of him, after all, there were more treaties than he had signed before, this time we not only did not pay compensation, but also had to come back a lot!

Thinking about the old man's sadness, the old man knows that this is all Guangxu has foresight, to be a step ahead, far-reaching and that, the people in front of me a few years ago, it turns out that I didn't find that they have such a great ability!

Li Hongzhang knew that the matter in Hong Kong involved Japan's compensation to China, and it was really bad and unwise to offend Britain at this time, but these were Guangxu's people, so the old man said, ask the emperor first, and Wu Zhongxian! Would you like to stay?

Wu Zhongxian said that the interests of the country are above all else, and for the sake of the national interests, Zhongxian is willing to do anything!

Ok, good, good!

Li Hongzhang said that there are good sons and daughters in China, and ZTE is already inevitable. Send a message back to China and ask the emperor if there are any other instructions?