Chapter 349 Banks, Canonizations and Real Estate

Limited by the limitations of the times and vision, Shi Fatzi only regarded the issuance of gold coins as an expansion of his family's power and influence, which made Lorist feel very regretful. Pen Fun Pavilion www.biquge.info but this can't be blamed on him, compared with Lorlist's previous life, the gold coins issued by all countries in the Gelinthia continent are the same formula ratio, the gold content is the same, the value is reflected in the weight, and the profit of minting gold coins depends on the loss ratio of materials, which leads to the financial industry of the entire continent is very backward.

Merchants are profit-seeking, and Lorist remembers attending a few lessons from financial experts in his previous life as a small handicraft factory, and the history of finance can be traced back to the Middle Ages, when the Jews who had lost their homes wandered around Europe and were keenly aware of the differences in the exchange of gold coins and profits in the various kingdoms. Therefore, the source of the Jewish people's call to the commercial people is that their earliest external business was three kinds, usury, gold currency exchange and grocery stores, that is, these three kinds of business allowed them to complete the accumulation of wealth after thousands of years, and affected the economic development of the whole world in later generations.

Unlike the Middle Ages in Lorlist's previous life, the temple of the goddess Serguin, who was in charge of wealth and commerce, took some of the functions of the Jews and did it better than the Jews in some respects. For example, the credibility of the temple was used to value property, real estate and collectibles, to notarize and endorse various commercial contracts, to issue gold dollar bills in lieu of gold fortunes, and to make loans to lords, chambers of commerce, and the state. In a way, the Temple of Sergein already has some of the functions of a modern bank.

However, compared to modern banks, the Temple of Sergein did not have a deposit and withdrawal business, and the objects it served were large chambers of commerce, lords and states with repayment ability, and there was no interest in private business, at most it was to exchange gold yuan coupons for merchants who traveled far away, so that they could be easily carried. Because of this, the influence of the Temple of Sergein has not been able to expand for a long time, and there is no faith among the common people, except for the merchants. Just like after the outbreak of the civil war in the former Cresson Empire, the Temple of Selskin withdrew from the entire territory of the Empire, and until now, the closest Temple of Selskin to the Northland is still in the city of Moriente in the Commercial Alliance.

Now Lorist was thinking of the idea of opening a family bank to issue gold coins to the newly opened farm and mining workshops in the family domain, and to carry out personal deposit and withdrawal business. In the favor of the family, no matter what kind of workshops are privately opened in the family territory, the Norton family naturally owns 30% of the dry shares, and Lorist feels that after opening a bank, he can use loans to reduce the pressure and burden of these private enterprises, which is conducive to production and competition, and in addition, having a bank to conduct financial audits avoids the risk of fraud and fraud.

Most importantly, Lorist wanted the finances of the family domain to be controlled by himself, and used the bank to alleviate the financial pressure of the development of the family domain and the cost of military operations. It was the custom of the people of the Gallinthia continent to hide and bury the gold coins they had accumulated in case they were needed. The Norton family's territory has nearly 1.5 million people, like the earliest development of Fengle Yuan, according to the estimation of the governor of Speer, the people here should be the first to become rich, and each family has a net worth of no less than ten gold fords, which is also one of the reasons why the governor of Speer hopes to raise taxes.

The Norton family destroyed the kingdom of Haneyabada with an armed force, and the harvest from the slave state alone amounted to 27 million gold, and then Lorist spent more than 10 million in the next two or three years. According to the experience of Lorist in his previous life, such a large amount of money is very likely to cause an economic crisis in the family territory where prices are skyrocketing, but unfortunately the family territory is not alarmed. There are two reasons for this, one is that the cost needs of the people are not high, and they can have a place to live if they are fed, clothed, and warm, and the second reason is that the people who earn money hide the Kingford and do not take it out for consumption, so that the more Lorist invests, the more he throws it, it is like throwing it into a bottomless pit, without a trace of repercussions.

Lorist took a piece of brown paper and wrote the word bank on it, hoping to settle these administrative matters in the family territory within this year, and next year he will preside over the attack on the Iberian kingdom, and deal with the Grand Duke of Fisabrun, when all the development and management affairs in the family territory will be handed over to Shi Fatzi, so he must write his own thoughts clearly and then hand it over to Shi Fatzi to be responsible.

After spending November in a busy meeting, Fat Man was amazed by Lorlist's proposal to open a bank, and immediately proposed that a statue of Serguin be placed in the bank, so that the bank could replace the role of the temple of Sergein. This is Shi Fatzi's bad taste, and he wants to see what kind of expression the Goddess Temple will look like when she discovers the wealth of the Northland in the future, and when she comes to submit an application for the establishment of the Goddess Temple, and finds that the bank has replaced the Goddess Temple......

Lorist finalized the list of knights, and the family was going to canonize a total of two viscounts and twelve barons. Unexpectedly, the two who were canonized as viscounts were actually Master Sid and Master Fallin, and the reason for the canonization was very simple, without them, the family would not be able to have Sid steel armor and chariot steel crossbows, as well as thunderbolt catapults, which is the most fundamental condition for the invincibility of the Norton family's armed forces, and the biggest reason for the slight casualties after many major battles. It is said that when he received the canonization order, Master Sid cried like a child of seven or eight years old, and swore on his knees that the Sid family would be loyal to the Norton family for generations and would never regret it.

As for Master Falin, he fainted with excitement, and when he woke up, he asked his son to slap him to see if he was dreaming. Among the twelve people who were canonized as barons, Bodfinger, Tiger Rose, Iron-Faced Malek, Archer Jost, White-haired Belunik and Mercenary Farea, the first six Golden Knights to follow Lorlist, were unsurprisingly included in the canonization list, followed by Governor Hansk, Governor Speer and Governor Kodan, these three are the three stewards of the Norton family's Maple Grove Villa. After many years of loyal service to the Norton family, after Lorist returned to the family domain to inherit the title and domain, the talents of the three people were greatly developed, and they made a great contribution to the development of the family domain.

The last three candidates to be promoted to baron caused some controversy, the first is Shi Fatzi, as the chief knight of the Norton family, being canonized as a baron should have been justified, but compared with El, Telman, Yuri and others around Lorlist, he always felt that he was promoted too quickly. The second is Master Julien, whose reasons are also technical, but as a master of refining steel, his results are not as clear as those of Master Sid and Master Falin, so much so that there is a lot of discussion. The other is Baron Camorra, whose canonization is the most controversial.

Baron Camorra was originally an honorary baron canonized by Lukins, the former Grand Duke of the Northlands, but after offending the Grand Duke, he was thrown into a water prison and stripped of his noble status. After saving him, Lorist cherishes his talent and makes him work for the family. Baron Camorra started as a clerk at the bottom, was appreciated by the governor of Codan, and was promoted to the top step by step, and finally was appointed by Lorist as the head of the family's most secret weapons production base, Ironforge, and the head of armaments logistics. Since taking office, the Norton family has never had a problem with armaments and has drastically reduced waste and production costs. Lorist defied the crowd and canonized him as a baron of the realm.

After receiving the canonization order, Baron Camorra also shut himself in his room and wept for a long time, and then packed up and went out to visit the house of a nobleman named Baron Guisd in the seventeen who had been removed from the castle of Rock, because this Baron Guisde had a widowed sister and a seven-year-old son who lived with her brother. Baron Camorra's trip was to propose to this lady. Now that he is a baron of the realm, he has finally decided to continue the surname Camorra and establish a family.

In addition to these fourteen new realm nobles who were canonized, the lords of the Northlands who were originally swept away by Lorist and placed under house arrest in Rock Castle will also be transferred to the province of Dramke, and they will not only be reduced, but will also become vassal families of the Norton family, that is, the Norton family will become their superior lords. Like the Earl of Spencer, he is now Viscount Spencer and will later swear allegiance to Lorlist......

For these seventeen territorial nobles, there was a mixture of joy and sorrow. Originally, the eight barons were very happy, how could the Northland be compared to the province of Dramke, which was the most prestigious granary of the former Cresson Empire, and it would only be better if the territory was moved there, and a better life was already calling for them. The remaining nine territorial nobles are very helpless, from earls to viscounts, from viscounts to barons, the gap is a bit big, but no matter how the Norton family takes care of them, it is already a lucky thing to change the dynasty and stand in the wrong position to keep a territory, who told them to stand on the side of the second prince of the dead ghost.

After determining the list of these transferred lords and the newly canonized nobles, Lorist canonized six more barons. The first was Hicke, who served as governor of the Haneabada Islands, and being canonized as a governor meant that when he left the position of governor, he would most likely be promoted to the rank of territorial nobleman, as long as he did not make a mistake.

The second was Papa Balek, in fact, Lorist wanted to canonize him as a nobleman of the realm, but he was unanimously opposed by his retainers. The reason is that Papa Balek's original position in the family was only the head of a small copper mine, much lower than the status of the three stewards, although he was appointed by Lorist as the head of all the family's industrial and mining farms, but the contribution was still worse than that of the three stewards, just like building a house, Papa Balek was to lay the foundation, and the three stewards were to build the wall, people often appreciate the height and beauty of the house, but forget that the house is not solid without a foundation.

The third is Master Siropa, who was originally coerced by Lorist to work for the Norton family, and has become the chief person in charge of all the Norton family's projects, and he is now obsessed with a series of large-scale developments by the Norton family, and is extremely obsessed with using his own name to name the projects he presides, such as the Siroba Embankment, the Siroba Fortress, the Siroba Avenue, etc. Although most of the names will soon be changed, he still enjoys it. The latest fort and lighthouse to be completed on the Oxhorn Cliff in Horn Bay had just been named the Siropa Fort and the Siroba Lighthouse, and finally it was Lorist who made the decision, and the fort was called the Ox Horn Cliff Battery, and the lighthouse was called the Siroba Lighthouse......

The fourth to be canonized was the dean of Nicol's Academy, Miss Theresty, Lorlist's lover, but she refused the title of baron, demanding to become a knight like her adoptive mother. For the noble titles of the Gaylinthia continent, knighthood is just an honorary title, just like the title of knight, obtaining the title of knight means becoming a quasi-nobleman, and can be regarded as a nobleman.

The recipients of the fifth and sixth honorary barons are the two current first-class great swordsmen of the Norton family, Ingjerek and Huss, the great swordsman of Hughes may still have the hope of becoming a nobleman of the territory, but Injerek is not, this old man who has been promoted to a first-class great swordsman is very satisfied with his current life, he is too lazy to move, after returning from the Hanea Bada Islands, he is only willing to accept the task of sitting in the rock castle, and is not willing to serve the family like the great swordsman of Hus.

After signing these orders for canonization and transfer, Lorist also settled a major matter. Although the order has already been issued, the official date of entry into force will be January 1 next year. On New Year's Day, Lorist will hold a grand feast at the Rock Castle, both for the New Year and for these vassal families. As the new Grand Duke of the Northlands, Lorist will also hold such a New Year's banquet every winter, just like those Grand Dukes, to gather and celebrate with all the vassal families and subordinate lords.

The newly crowned realms are all in the province of Dramk, but these newly promoted nobles will not return to their family domains, as they still hold important positions in the Norton family. Except for the Divine Arrow Jost, who does not care about entrusting his territory to the family to manage and only collects annuities every year, the rest of the newly promoted nobles who have been canonized are handed over to their families or relatives to manage, and they must continue to work hard in the family to prepare for greater feats in order to obtain higher titles and territorial seals......

In addition to the preparation of the bank and the canonization order, the rest of Lorist's business was the development of the property that he proposed. The Governor of Speer once proposed a tax increase to compensate for the family's excessive development expenses due to the wealth of the lords, but Lorist vetoed it. I've never seen a pig run and I've eaten pork, and there are countless ways to make the people in the territory willingly pay for the family, and Lorlister, who has had experience in his previous life, can list countless methods with his eyes closed.

To start with a simple try, Lorlist's suggestion is property development. In the past six or seven years, the population of these towns has increased a lot, and more young and strong laborers from the surrounding villages have gone to work in the newly opened workshops in various towns, which is much more earning than farming at home, so that there are many more privately built houses in the original towns. There is no way, the earliest urban houses were civil engineering houses built with uniform specifications, and they were allocated to each family to live in. Now that there are too many people and there is not enough housing, everyone has to find their own way.

Logically, these towns belong to the Norton family, both in terms of land and housing. Speer's original idea was to collect rent or management fees for these houses, which was also a form of tax increase. However, Lorist thinks that after so many years of living in vain, this will only attract infamy and disgrace the family.

Therefore, Lorist decided to develop real estate in the fifteen towns of Phongle Yuan and Hung Yen Yuan, tear down the original simple houses, develop them into garden-style residential communities, and villa areas for the rich, expand the scope of the town, improve the public facilities of the town, improve the administrative structure of the town, and rebuild Phong Leyuan first, and then it will be the turn of Xing'an Yuan.

All the funds for development and renovation come from pre-sales, taking Kitano Town as an example, Lorist asked the engineering department in charge of Master Siroba to build a model of Kitano Town and the drawings of each community house with plaster and wood to put it in the public place of Kitano Town for people to see, if you want to have a house and a house in the rebuilt Kitano Town, it is very simple, pay a third of the deposit first, and you can have your own beautiful and warm home after two years.

The residents of Kitano Town were skeptical, although the houses and houses on the models and drawings were beautiful and good-looking, but when they thought about it two years later, they couldn't help but hesitate in their hearts, although the current houses were crude but vain, and there was no need to spend money to buy them...... Lorist's response was very simple, and he found a few hundred people claiming to be from another town, and because Kitano Town was the first to be developed and rebuilt, he decided to come here to buy a house first...... As soon as there were more people, the atmosphere came up, and the people of the original Beiye Town were also anxious, the house was about to be bought up by outsiders, so how could they do it, and their own family would go there to live? As soon as the mind was hot, they went home and dug up the buried gold coins, and they also squeezed in and robbed them......

Lorist told Speer that he had to see it, and now their money was all in the hands of our family, and we were generous enough to let them pay the arrears, and it didn't matter if they lacked gold coins, and in the next few years they would have to work for our family to get a house, and pay a land tax of three to five percent of the market value of the house every year. Although the house belongs to him, but the land belongs to our family, if we can't pay the land tax that year, then we can still kick him out and sell the house to pay the tax, and the owner of the next house has to continue to pay the tax, which is the correct way to collect taxes......

Speer was so impressed that he threw himself on the ground.

...... (To be continued.) )