"What kind of rumor is it spread by a thousand cuts! O my money! That's the interest of two taels of silver! ”

"I have long doubted the truth of these rumors, but I hate not to believe it."

"Wang Mazi, it's all you, you asked me to take out the silver, and you pay me back the silver."

Many depositors who have torn up their deposit contracts are full of regrets, some are secretly sad, and some are forcibly throwing off the pot and openly tearing it up on the street.

Over the course of five days, about half of the depositors withdrew their money. The remaining half of the depositors with small deposits who had not yet withdrawn their silver were all secretly lucky at this time, but fortunately they did not make it to them, otherwise they would have taken out the silver like those who regretted it.

The biggest losses were those depositors with large deposits, who made withdrawals four or five days before the rumor was posted, and more than ninety percent of them made withdrawal appointments.

The original large amount of interest, this penny is gone. The silver was shipped back and forth, but it was pasted into it than the freight and labor costs.

However, Daming Royal Bank, in this run, has established a very good reputation. And it gives depositors extremely strong confidence.

Many people gloated and sneered at the depositors who were listened to the rumors: "You guys are stupid! Don't think about it, now that the burned down Imperial Palace in the palace has been suspended and has not been rebuilt, where will the emperor repair more than a dozen palaces. Also wine pond meat forest? You've heard a lot of books in the teahouse! ”

"Yes! And you don't want to think about it, the bank has the credit guarantee of the Son of Heaven, and you will get less money? Even if the bank is in deficit, there are still taxes that can be paid to you. I'm not talented, I thought of it a long time ago. I told you that I didn't believe it. ”

"You're a poor sour, you've read for a few days and you know you're talking nonsense here, and I saw you running in a hurry yesterday! That is, you are lucky, you didn't get it, what are you talking about now, hum! ”

In the midst of the gossip, this run has taught a very profound lesson to those depositors who are most actively involved in the run, and the credit of Daming Royal Bank has become extremely strong.

"In my opinion, let's get the money back quickly! This time, it is purely to buy a lesson, and if someone spreads rumors in the future, don't listen to it. ”

"Yes, yes, hurry up and put the money back."

So something strange happened, and the situation was reversed in an instant. The depositors who hadn't withdrawn their money were gone.

The depositors, who had already taken out the money, hurriedly deposited it back. At the entrances of the branches of the Royal Bank, there were once again long queues.

The bank staff complained bitterly, what a toss!

After a few days of high-intensity work, they have been tossed enough. Fortunately, the shopkeepers have announced an increase in bonuses at the end of the month, which makes them full of enthusiasm again.

The big depositors who came to the bank to deposit money were also in an endless stream, and they were all in a hurry, and the bank staff had to work overtime every day, and they involved a large amount of money, so they could not tolerate the slightest sloppiness, and they were suddenly tired like dead dogs when they returned home.

Not only did the funds begin to flow back in large quantities, but also brought a lot of people who were still waiting and watching.

The outside world is not too clear about the credit of the Royal Bank. So some people feel that it may be risky to keep their money in the Royal Bank, so they are conservative and do not deposit the money in the bank, or only a small amount.

This run proves that the credit of the Royal Bank is extremely strong, and in the face of the good thing of saving for 5 years and having an interest rate of 10% per year, most of the people in the Beizhili area who have surplus money in their hands choose to deposit their silver in the Royal Bank. Many old rich men dug up the silver hidden in the ground and deposited it in the royal bank.

It is true that capital is not as abundant as it is in the 21st century, but there is still a lot of surplus capital. These capitals are only relatively dispersed on weekdays, and there are no investment projects. If you want to make money efficiently, you have to have a way and a business.

Those who had surplus capital on hand naturally began to deposit their silver in the Royal Bank, and the rate of growth of 10% per year doubled in ten years, and the interest could be doubled, in fact, more than doubled. However, these certificates of deposit are not always able to turn over the interest when they are placed there, and if the term is five years, then if it is not withdrawn after five years, it will not be counted as interest for more than five years. You must take the bank to settle the certificate of deposit and deposit it for another five years before you can continue to calculate interest.

In the two hundred years since the founding of the Ming Dynasty, there has not been much social turmoil. Ten years, for those who are a little older, there is enough patience to wait.

And the biggest problem is that everyone else keeps their money in the bank, so that money makes money. If they don't put their money in the bank, aren't they lagging behind? Isn't the gap between the rich and the poor slowly widening?

As soon as this account is calculated, there are even more people who deposit money in the Royal Bank.

Even those businessmen who do business have begun to deposit their working capital in the Daming Royal Bank, although the irregular deposits are only 3% annual interest rate, but this undoubtedly gives them 3% more profits. However, the fact that these merchants deposited their money with the Royal Bank also caused a problem, and that was that some merchants began to procrastinate when it came time to settle the payment. However, most businessmen still value credibility.

This liquidity is also useful for the Royal Bank. For example, the silver of fixed deposits can be used for one to five years, and as long as there is no run on the bank during the period, there is no need to prepare much money.

And these liquidities act as the silver base. And a part of this liquidity can also be used for the commercial operation of Royal Capital. For example, Jimin Grain Bank has a relatively large demand for funds, but the speed of capital return is actually not slow. These working capital loans to Jimin Grain Bank are very good choices.

If the return on investment is relatively slow, it can be regarded as the land investment of Huangzhuang. Basically, it takes a few years to recoup the cost, so you need to use the funds of a fixed deposit.

For these businessmen, the only inconvenience is that the current business scope of the Royal Bank is limited to Beizhili, and it is not so convenient to do business across provinces.

In fact, this problem was quickly solved. Soon after, the Royal Bank also launched the silver ticket business, after the launch of these silver bills, several Shanxi ticket numbers began to accept the silver bills of the Daming Royal Bank, and reached a cooperation agreement with the Royal Bank, and the two sides began to use the silver bills.

These Shanxi ticket numbers were also subsequently introduced with deposit rates. But their deposit rate, which is only 8% for a five-year deposit, is 2% lower than that of Royal Bank.

After absorbing the deposits, these Shaanxi notes deposited the silver in the Royal Bank, thus earning a 2% interest rate differential.

As a result, these money banks became similar to the guarantee companies of later generations, or local money banks that served as a supplement to foreign banks in the late Qing Dynasty and the Republic of China. To put it bluntly, it is to give the bank a hand, so as to obtain benefits.

Compared with the later banks that would be paid for borrowing funds from guarantee companies, at this time, due to the lack of competition, the Royal Bank did not offer interest rates on deposits, so it did not give any remuneration for borrowing funds from these banks, and there was no need to borrow them. However, because of the deposit of interest rate differentials, the bank can still get benefits.

Faced with these large sums of money from unknown sources, the Royal Bank refused to accept them at first in order to prevent another run.

Later, after some negotiations, the Shanxi ticket numbers signed an agreement, and the Royal Bank will receive the funds.

The agreement stipulates that the funds absorbed by these Shanxi ticket numbers are deposited in the Daming Royal Bank, and maliciously breached the contract before the deposit period expires, not only will they not receive interest, but they must also bear a 10% fine.

What is a malicious breach of contract? For example, if the bank is in good condition, it is a malicious breach of the contract. If there is a run on the bank and the contract has to be broken, it is not considered to be a malicious breach of the contract.

In addition, the agreement also stipulates that both parties will use silver tickets. At the same time, the Shanxi ticket number that cooperates with the bank must use silver dollars for business settlement.

The silver dollar was used to settle the settlement, which was equivalent to these Shanxi ticket numbers, and the silver was collected free of charge at the mint of the Royal Bank. After all, if you want to settle in silver dollars, you must first have silver dollars. Then transport the silver to the Royal Bank and exchange it for silver dollars. Once the Royal Bank had the silver, it was able to transport it to the mint to be minted into silver dollars.

With the first Shanxi ticket number reaching a cooperation agreement with the Royal Bank, other Shanxi ticket numbers also chose to cooperate with the Royal Bank when they saw that they could not run on the Royal Bank.

Such an agreement is undoubtedly a win-win situation, and the Royal Bank does not even need to open too many branches to absorb funds from other provinces at little cost.

Shanxi ticket number in exchange for a certain living space, if not cooperative, Daming Royal Bank sooner or later to open branches all over the country, if the Royal Bank boycotts the bank, they will not have enough living space.

Of course, this kind of money bank will never disappear without policy crackdowns. Just like in later generations, there are still many guarantee companies. It's just a guarantee company in later generations, and the living environment is much worse than that of the money bank in this year. Those guarantors would have to offer interest rates many times higher than those of banks in order to absorb the funds. Moreover, these guarantee companies are very prone to bankruptcy, and once the economy is in trouble and the money lent out cannot be recovered, a run will occur. Normally, the boss of the guarantee company will run away with money, or he will be sentenced to a few years if he loves to ask for money.

Later generations of money houses were more of a semi-official character and usurious nature. And in these years, the living environment of the money bank is much better, and it can do business for a longer time.

When Yang Guorui reported the cooperation plan to Zhu Youxiao, Zhu Youxiao couldn't help but be stunned for a moment, and then said with a smile: "Yang Aiqing did a good job, but I forgot the usefulness of the Shanxi ticket number." ”

Shanxi ticket number and bank can indeed play a supplementary role at present.

As for some unscrupulous Jin merchants behind these Shanxi ticket numbers, they will still be the blow of the crackdown in the future. But not all the owners of Shanxi ticket numbers are engaged in smuggling business.