"How much cash do you have in the bank now?"

Faced with the adult's question, Tang Rongjun couldn't help but be stunned, could it be that the house is going to use silver again? Although the Hankou branch has successively brought in tens of millions of taels of deposits from the Governor's Office and the Anti-Smoking Bureau, and the small deposit business opened by the branches in Shanghai, Tianjin, and Hankou has been promoted smoothly, the personal deposits have exceeded 4 million taels.

But this money can't withstand such lavish spending!

At present, the unified supervision government and the company have seen monthly expenses ranging from 6,700,000 taels to millions of taels.

"My lord, there is really not much cash in the bank now!"

Noticing that the adult's brows furrowed slightly when he heard this, Tang Rongjun hurriedly added.

"At present, there are only 2 million yuan of cash in the bank, of which 1.5 million yuan is divided between Shanghai and Hankou, and 13 offices in Shandong, Hebei and Kandong also have 200,000 yuan in silver...... There is only 300,000 yuan, but the bank still has 2 million pounds of foreign exchange in HSBC, which can be adjusted at any time, even if there is a run, there is no problem. ”

Tang Rongjun was not worried about the run on Tang Rongjun for the time being, after all, after depositing the two million pounds into HSBC, in addition to obtaining a loan of 2 million taels of silver, he also reached a "temporary turnover agreement" with the bank of 100 pounds, so that the North Korean bank could adjust the cash at the same price at any time.

For the conversion of bank deposits into pounds, this is Tang Haoran's request. Because since 1879, the value of silver against gold has been declining, and two years ago it fell to the lowest, and it was not until this year that it gradually recovered, but two years later, in 1892. Silver prices will fall sharply again. And three years later, in 1893. In that year, India announced a moratorium on the minting of silver coins. The gold standard was used. Subsequently, in order to avoid the risk of silver prices continuing to fall, the United States also canceled the 15-year-old government purchase of silver in the same year.

According to the current gold-silver exchange price, the more than 400,000 taels of railway funds deposited by the Hubei Governor's Office in the Bank of Korea can be exchanged for pounds up to one million pounds, but three years later, it can only be exchanged for less than 700,000 pounds. Tang Haoran dared to offer a 7% interest rate to attract silver deposits, taking advantage of the downward trend of borrowing silver prices, absorbing as much capital as possible, and then remitting it into pounds, depositing it in foreign banks such as HSBC, and then borrowing credit certificates provided by foreign banks to purchase equipment urgently needed by factories in the Special Economic Zone. As for the business development of banks, they will take advantage of the convenience of cash at the same interest rate to carry out their business.

In other words, the current government is using the banks of North Korea to play a financial game of left-hand-to-right-hand-to-left, and the guaranteed profit point of this game is supported by the nearly 30% profit brought by the decline in silver.

"There's no way. Further attract idle capital in society? ”

Looking at Tang Rongjun, Tang Haoran put forward his own ideas.

"Idle capital?"

Isn't this the same as a small deposit?

"That's right. It is...... Well, can you sell wealth management products? ”

Thinking of the absorption of idle capital, Tang Haoran naturally thought of the shadow banking of later generations - bank wealth management products, more than 100 years later, the Chinese people who suffered from no investment channels are all pursuing all kinds of wealth management products launched by banks.

In the 21st century, the Chinese people lack investment channels, and the current Chinese people are more scarce than the future generations, and the subscription of stocks has limitations such as thresholds and risks, while wealth management products can set the threshold lower.

"In fact, it is similar to bonds, for example, the expected rate of return on wealth management output for three years is 15%, or higher, of course, the maximum cannot exceed 21%......

Recalling several financial products he had bought, Tang Haoran expressed his thoughts, and then said some tricks for the promotion of financial products, such as the general means of promoting rewards, which was naturally unavoidable.

"My lord, does this expected rate of return mean that it can be reduced when it expires?"

Although he knew that the adults were betting on the profit margins brought by the fall of silver, Tang Rongjun obviously couldn't understand the gambling nature of the adults, especially the interest rate of 7% on the three-year fixed deposit for special large customers, as for this financial product, it made him see the "loophole" in it, which is different from time deposits, and also different from bonds, compared with the first two, his rate of return is floating.

"That's right, this rate of return is calculated based on profits, if the profits are not ideal, naturally there is no need to pay high returns, of course, if nothing else, when the time comes, they will definitely get the expected rate of return, after all, this financing is not once or twice, let's slowly establish this financing channel, so let's write this idea, you are a professional, go back and study it! If it works, you can try it first, or you can try a short-term one, with a lower rate of return, and open up your reputation first. ”

After making a gesture to Tang Rongjun, Tang Haoran stood up and walked towards the window, and after walking to the window, he fell silent.

The silence of the adult looked in Tang Rongjun's eyes, and he asked after a moment's thought.

"My lord, do you need money in the house?"

"It's not Fuchu!"

Tang Haoran shook his head.

"It's the company that is going to carry out a business, and it needs to use the money originally issued to the company in the UK, but some contracts in the early stage need to be continued, well, it still needs a lot of silver."

"How much do you need?"

Tang Rongjun did not hesitate at all, after all, in a certain way, the Bank of Korea is the central bank of the unified supervision office, and the central bank naturally needs to support the cause of the unified supervision office, and more importantly, he believes in the vision of adults.

"In half a year, at least a million pounds will be needed! If you can, it's naturally Han Xinbing, the more the merrier! ”

Half?

frowned slightly, what about half a year later?

"Half a year?"

"Yes, even for half a year, whether it is through financing or borrowing, as long as the bank can guarantee the million pounds, after half a year, the government will no longer need to worry about the financial problem, and the bank will be able to get out of the current predicament by then, after all...... Now Fuchu is really ...... to the bank."

Shaking his head and sighing, Tang Haoran didn't know that his "squeezing" of the bank was at the expense of its future development, but there was no way to do it.

In history, when the cyanide method was introduced in South Africa, the market value of the gold mines brought by Whitewater Ridge soared from millions of pounds to 200 million pounds, and in 1899, when the Second Boer War broke out, its market value was more than 600 million pounds.

Tang Haoran believes that if he succeeds, he will be able to get the same rate of return, and then he will naturally be able to take advantage of the high point to sell the company's shares that are inflated by Yan Zòng.

The charm of money lies in the flow, and only by moving can you get more generous returns, and Tang Haoran just wants to seize this opportunity, and the premise of seizing this opportunity is that you must have enough capital, and only in this way can you get as many returns as possible.

Dozens of minutes later, when Tang Rongjun left the adult's office, he saw his old classmate in the waiting room, and saw Cai Shaoji sitting there with a leather briefcase at his feet, and Cai Shaoji also saw him.

"Shuqi, what's the ...... Just talking about good things? ”

Cai Shaoji, who originally wanted to ask him what was going on in the Fuzhong, quickly changed his words, although it is now the Special Administrative Region or the Fuzhong, the legal framework has not yet been issued, but the rules of conduct have already been established, and secrecy is one of the simplest requirements, and one of the most basic criteria for secrecy is "you can't ask what you shouldn't ask, and you can't say what you shouldn't say."

"Something to see your lord, Shutang, how are you doing these days? The rules of this special zone should be almost in place! ”

From the time of its establishment, Cai Shaoji's Judicial Review Office began to formulate modern laws that were in line with Chinese civilization and introduced into modern Western justice under the guidance of "folding and washing bottles, and exemplifying Western", but they were not called "laws" or "legal orders", but were called "laws", after all, this law was only promulgated by the emperor.

Fortunately, this unified supervision office is in the name of "unified supervision of Korea", and it is limited to the trial implementation in the special zone, so although there are officials in the imperial court who are impeached, but the excerpt of the impeachment is still left in the middle, but this qiē has been published in the "China Daily", which makes people sigh at the difficulty of doing things in China, even in North Korea, some people have been impeached by unauthorized "ancestral law".

After the two exchanged a few polite words, when Tang Rongjun resigned, Han Che, as an assistant in the unified supervision office, had already invited Cai Shaoji into the office.

"Shutang, you've been in retreat for two and a half months!"

As soon as he saw Cai Shaoji, Tang Haoran quipped.

"How is it, Shutang, you have been practicing in this retreat for so long, how is it, have you taken out the legal code?"

Over the past two and a half months, Choi has been working with fifteen colleagues from the Judicial Review Office and three virtuous legal scholars to draft the code, including four criminal masters and two well-known lawyers from China to assist in this matter, so as to make the laws of the SAR more suitable for China's traditional customs, which may be a symbol of backwardness in some ways, but in China's conservative society, some customary laws are necessary, just like Hong Kong in later generations, even in the 21st century. Its laws still recognize some of China's customary laws, so when formulating the "rules" of the SAR, this was taken into account, not to mention that Tang Haoran, who was originally a nationalist, also did not want the Chinese legal system, which had been inherited for more than 2,000 years, to die out in his own hands, so he put forward another requirement for the "rules" -- they must remain sinicized.

"Adult ......"

Facing the excited adults, Cai Shaoji took out two books several inches thick from his briefcase, the book was obviously handwritten, and the cover read "Provisional Regulations of the Korean Unified Supervision Office - Criminal Law", and presented the books in front of the adults with both hands, and Cai Shaoji's face showed a smile.

"Fortunately, I didn't lose my life!" (To be continued......)