- Along the Nanpan River, to the Hongshui RiverThe Hongshui River has been a convenient passage for the southwest to go south to the sea since ancient times, but unlike the Nanpan River, the water here, the slope is steep, and there are many reefs and dangerous shoals, making the boat crossing like playing with life, and only the best boat boss has always dared to challenge the whole process. And only about 50 materials of ships can be navigated...... 'material' is the unit of measuring the size of the ship in the Song Dynasty, and one material is equal to one stone.

Moreover, the copper boat is bulky and difficult to handle, and it cannot pass the test of rapids and rapids at all. Using this kind of channel to transport copper, it is estimated that it will not be long before the Hongshui River will be blocked by sunken copper ships. Therefore, it is necessary to slow down the dangerous shoals, flatten the steep slopes, and slow down the rapids, so as to improve the navigability of the Hongshui River.

The engineering difficulty of the Hongshui River section is much greater than that of the Nanpan River section. In addition to setting up steep gates, it is also necessary to widen the river channel and improve the dangerous shoals. After surveying all the way, a total of 43 sites were finally settled, and it was difficult to complete them in a dry season.

Standing on the high stone on the shore, looking at the surging red water on the shore, Chen Ke said in a deep voice: "Next year, Yunnan copper must be transported out, otherwise something big will happen." "You must know that the money he spent on building Dongchuan City, repairing the river, and even sending troops to Dali City was raised from investors with the huge amount of copper and silver mines in Yunnan.

To this end, he adopted a series of methods, which can be called epoch-making.

First of all, he took advantage of the ignorance of the officials and ministers, and relied on his own influence to persuade the Qingshen Foundation and the Blue Hat Chamber of Commerce, so that Bianjing Qian Hao spent a huge amount of money to buy the mining rights of Dali for ten years.

However, Bianjing Qian is also a start-up, and there is still a heavy loan burden of thirteen shops that has not been digested. It is impossible to take on huge war loans alone. In fact, after making every effort to pay the first installment, Bianjing Qian had to subcontract the mining rights to raise the second installment at the end of the year.

The second installment is not very important, because Hou Yi and Zhang Yu will eat half of it. He also tried his best to persuade businessmen from Bianjing and Shuzhong to take over. They have been in correspondence with Chen Ke, and it is said that there is basically no problem.

However, in the future, we must count on more big and wealthy businessmen to pay. However, two of the hardest things in the world. One is to impose one's own ideas on others, and the other is to let others give you money. Therefore, including Zhang Yu, Hou Yi and others, they have little confidence in Chen Ke's fundraising plan.

But what they don't know is. In fact, Chen Ke does not expect to make money through mining...... Although this will be a very lucrative livelihood, limited by the level of productivity at this time, mining is destined to be a long-term drain. At least in the first few years, it was not possible to offset the huge upfront investment.

No matter what era, send troops, win countries, build cities, and build rivers...... are all huge investments that can bring down the country, not to mention a small Bianjing money number, plus a few businessmen who have fallen into the eyes of money. If you pay all the money yourself, it will not be enough to squeeze them dry.

But in the eyes of Chen Ke, a guy who is a second man, how can he only invest his own money in business? But. In this era of lack of financial instruments, there is no investment bank, no stock market, where to find so much money?

After thinking hard, Chen Ke decided to issue bonds for money by himself!

Even in the eyes of a bold one of the pleasure people. It's also incredible. Which onion is your Bianjing money number, and who will recognize the issuance of bonds? The big families of the Great Song Dynasty, how could they exchange real money for bonds that are too hard for you to wipe your buttocks?

But Chen Ke insisted on doing so, and for this reason, he even moved out of a secret agreement with a person who was happy to be happy. suppressed the opposition of the Blue Hat Chamber of Commerce. On the side of the Qingshen Foundation, it was all based on blind trust in him that they expressed their support.

However, Qian Sheng said in the letter that Qian Hao's shareholders and employees generally believed that he could use force to issue bonds, but could not force others to subscribe to them, so their confidence was inevitably gloomy. …,

In fact, the issuance of bonds was indeed bleak, and in the first month, less than 100,000 yuan were subscribed.

Chen Ke repeatedly wrote letters to reassure shareholders, persuading them to be less safe and not impatient, and just wait and see what happens, and the situation will improve.

At the time, almost no one believed him. Those small shareholders even clamored to withdraw their shares, and even the cash flow of Bianjing Qian was unstable. For a while, rumors were spreading, and it was quite stormy.

Fortunately, Chen Keyuan was in Dali at that time, not in the gloomy Bianjing City, otherwise he would have been annoyed to death by the shareholders who were in a panic......

However, after a difficult month, the situation improved. Soon, bond sales heated up and they went into a frenzy...... Those dignitaries and nobles who had avoided them suddenly turned around and rushed to send the money to the Bianjing Qian number.

In order to buy bonds, their servants lined up day and night in front of the Qian Gate, and the housekeeper surrounded the houses of the shareholders of the Bianjing Qian Hao, vying for dinner and visiting the kiln, hoping to get through the back door.

For a time, the bonds of Bianjing Qian became the most sought after thing in Bianjing City. Not only were there heated discussions on the streets, but even the officials in the palace couldn't help but ask the ministers: 'Have you bought it?' ’

The ministers replied rather embarrassedly: 'I don't know, it seems that the family bought some ......'

The situation was completely reversed, and within a few months, the bonds of the Bianjing Qian were sold out, and the funds raised amounted to 70 million yuan, which not only made it easy to pay the due, but also allowed the money to enter a period of rapid expansion.

All the insiders threw themselves at Chen Ke's admiration, and wrote letters to ask how he did it.

In fact, Chen Ke just saw the opportunity and carried out a successful concept hype.

Looking back, the officials and ministers of the imperial court agreed to Chen Ke's bold plan to send troops, mainly not because of the temptation to expand the territory, but because of the shortage of money. The Great Song Dynasty lacked copper coins! It has reached the point where department stores are blocked, businessmen are in difficulty, and finances are exhausted.

But in fact, the dignitaries and wealthy businessmen of the Great Song Dynasty were super rich. Because the Great Song Dynasty had a very developed commodity economy on the one hand, but on the other hand, commodity production was very underdeveloped. As a result, the money earned by the large households in trade lacked investment channels, so only a small part of it was invested in the form of production capital to expand reproduction, and most of it was stored as general wealth and withdrawn from circulation.

Moreover, the continuous shortage of money, which has caused the actual value of copper coins to continue to appreciate, has further encouraged people to store money.

According to the imperial court estimates, the copper coins deposited in the cellars of large families alone amounted to more than one billion yuan. The money was stored and not used, which exacerbated the money shortage, which kept the Song Dynasty in deflation for a long time, which seriously affected the country's economy. If this money can be activated, it will be a panacea to solve the financial crisis of the Great Song Dynasty.

As early as the idea of Dali, Chen Ke knew that if the copper and silver mines in Dongchuan could be used by the Great Song Dynasty, the situation of money shortage would be reversed, and huge opportunities would also be hidden in it - now, the news that Dali has ten times more copper and silver mines than the world has spread all over the country. There are also troops sent by the imperial court and Dali attached to it as evidence. Even the most conservative skeptics have to believe that Dali must have produced copper and silver.

Of course, the big families have their own eyeline, and they have found out a lot of insiders, such as the imperial court in the magnificent Dongchuan City, and is about to dredge a waterway out of Yunnan. All these signs show that Yunnan copper and Yunnan silver do exist! Moreover, the conditions for Sinotrans have already been met!

It is natural to believe that the money shortage will cease to exist, and that the copper coins in the cellar will be in danger of rapid depreciation. If they want to preserve the value of their assets, they have two options, one is to exchange copper coins for gold and continue to store them...... Because it is said that Dali only produces copper and silver, and there is no gold, although the price of copper and silver falls, the price of gold will inevitably rise. …,

The second is to immediately use the money for various investments. But as mentioned earlier, Da Song lacks investment channels. At this time, the Bianjing Qianhao, which has the right to open mines in Dali for ten years, has naturally become a widely sought after object...... In the rumors, the value of Dali was constantly exaggerated, and later, in the eyes of the Great Song Dynasty, it was an inexhaustible copper and silver mountain!

The rest is much simpler. The bonds issued by Bianjing Qian creatively mortgaged the Dali mining rights and soon received 70 million yuan in input, which was almost equivalent to half a year's financial revenue in the Song Dynasty. If it weren't for the fear that the risk savings would be too high, and the early announcement of the sell-out, it would not be impossible for the issuance to reach 100 million.

There are also many large investors who want to buy shares. However, Chen Ke considered that the reality was not mature, so he did not open this door for the time being.

Of course, huge borrowing inevitably comes with huge interest. Starting at the end of this year, the interest on the final payment to be paid by Bianjing Qian is as high as more than 10 million yuan per year, not to mention the repayment of the principal after five years.

Although the pressure is heavy, as long as Yunnan copper and Yunnan silver can be shipped out of Dali on time, there is no big problem...... Chen Ke did not expect much profit from the silver and copper itself, in fact, because of the high investment in the first place, it was necessary to continue to lose money in the early stage.

But as long as we can see a continuous flow of real copper and silver, the market will maintain confidence in the 'Dali concept'. In later generations, there was a saying that 'faith is worth more than gold', and the same was true in the Song Dynasty. Bianjing Qian can easily borrow new debts for old debts, so that the cash flow continues until the copper and silver mines are truly profitable.

But in short, in short, all the premise of everything is based on faith. If the market loses confidence, a terrorist catastrophe will be inevitable......

Therefore, Yunnan copper must be transported to Bianjing next year! Even if the waterway is still inconvenient, it must be done by manpower and animal power! ——

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