The guys of this bank began to issue money, and more and more Han merchants began to come in and withdraw money.

Occasionally, there will be some Francos and Japanese people who were going to come to deposit silver, and seeing that the situation here is a little special, they also mixed in.

At this time, it was not up to the guy to call the shots, so he hurriedly went backstage to find the president.

When the governor heard that more than a dozen Han merchants had come, he was immediately startled, and when he learned that they were going to take out all the silver, he was even more shocked.

You must know that the bank vault in Macao is only 2,780,000 taels of silver, which is the reserve fund.

That's a lot of money.

Because in most cases, such a large amount of reserves is enough to cope with the usual withdrawals.

As for the rest of the silver that is saved, this .........

Not to mention, the vast majority of the savings need to be shipped to the gold bank in Malacca, not to mention ...... It is also impossible to store the silver for too long.

Because banks have a more important business, and that is lending.

If the money not been lent out, how can it be profitable?

Is it really a small storage fee?

Now, the amount of money to be withdrawn by these dozen Han merchants has reached as high as 700,000 taels.

That's a terrible number.

Even if you turn to the treasury in Malacca and other places, I am afraid that I am afraid that I may not be able to raise such a large amount of funds immediately.

As for the banks, they are not worried about large-scale withdrawals, because theoretically, no one will show up at the bank and ask for the exchange of their deposits.

But now, such a thing has happened.

The governor immediately appeared in a state of frustration, and he begged in Dutch: "We don't have so much money, I think we need a little time." ”

The guy began to translate his words.

But Wang Cheng said with a questioning attitude: "Why, we put the silver here for you, but you can't take out the silver, what is the reason?" Are you going to devour our money? ”

The governor was anxious and hurriedly explained: "We will do our best to raise funds." ”

Wang Cheng continued to ask: "When can it be raised?" ”

"This ......," the president looked very hesitant.

Obviously, he could no longer guarantee that if it was more than 700,000 taels of silver, he might be able to find a way to get gold and silver in Luzon, Sumatra, Malacca, and even branches in India.

But the question is, if gold and silver are withdrawn here, what if someone else withdraws cash?

As for the large amount of money, in fact, it has long been lent out in the form of buying government bonds and lending.

Banks, as the largest creditors, cannot demand early repayment from countries and individuals who have lent their money before the due date of the loan has expired.

And all of a sudden, asking for so much redemption, even if the debt is collected, it is impossible to turn around so quickly.

In fact, most of the early banks had never suffered from a crisis, so they were very aggressive.

Coupled with the fact that there is no regulation, and the rules of the Bank of the World regarding a strictly limited reserve ratio, almost all of these guys are adventurers in order to make huge profits.

And now...... The first fatal run on the banking sector was born.

The governor explained, "Sir, I suggest you ...... Withdrawals can be made later. ”

Wang Cheng said aggressively: "When is it later?" ”

The head of the bank stiffened his head and said, "What do you think of it in three months?" ”

"My money is here, but you want me to take it in three months? When I gave it to you, it was real money, and you also charged me for the storage fee, how can you ...... Are you trying to make money? ”

snapped, and Wang Cheng got up.

The president's face turned pale with fright, and he anxiously explained: "Please rest assured that the credibility of our bank has always been the best...... We ......"

"We're going to withdraw money."

In fact...... If only some large customers want to withdraw money, it is not fatal, but the bank can communicate with the large customers or enter into a new withdrawal agreement.

But the problem is that there are so many people withdrawing money now that banks simply don't have time to negotiate one by one.

Faced with people asking for money one by one, and the real scary thing is ...... The curtain quietly opened.

Macau Street is a very small place, and what happened in the bank quickly disappeared.

Theoretically, by taking deposits while allowing former depositors to deposit their silver, banks can ensure that the different customers who store the money keep their money flowing.

But as soon as the news came out, everyone who wanted to save money was discouraged.

On the contrary, many Franco, Dutch, and Japanese merchants in Macao were suddenly shocked.

The bank couldn't withdraw the money.

I heard that all the people who came to withdraw money today could not withdraw their money.

This is the property of many people, how many people have exchanged blood and sweat, and many people have saved real money here, and now they can't withdraw it, which means that ...... His own money is not safe.

The next day, the Han merchants still came, but now it was not only the Han merchants, but there was already a long queue outside the bank, and countless people were crowded, waving the deposit slips in their hands.

And today, the bank is closed, and there is no way to do it, they have to close it, because as soon as the door is opened, the crowd outside will crowd the bank.

There were people everywhere asking for withdrawals, and every depositor panicked and wanted to be able to get their money out quickly.

That's hard-earned money.

How many people have come here, thousands of miles, to earn these properties.

Not only merchants, but even the local dock footmen who had deposited their savings here, as well as the blacksmiths on the streets, also came waving their bills.

People surrounded the bank, and everyone scolded: "Liars ......"

The president, who was already trembling with fear, took a quill pen and wrote letters with trembling hands, asking for help from anyone who could help.

As a matter of fact......

There was no one left to save him.

Because soon, the same situation began to occur in the entire Far Eastern banks of the Netherlands, after a few days.

Some people couldn't withdraw their money in Macau, so they took their deposit slips and took a clipper boat to the nearby banks of the Netherlands, Malacca, to withdraw their money.

All of a sudden, a large number of people were taking money from banks everywhere.

At first, everyone didn't pay attention to it, until the grapevine came out that the banks in the Netherlands might go bankrupt, and the banks in Macau had collapsed, and there was no way to withdraw the money.

All of a sudden...... As soon as the news came out, everyone hurriedly heard the news.

Almost everywhere, it was crowded with people who came to withdraw money.

Xiaoliuqiu ......

The drawers stepped on the threshold of the Dutch Bank until the treasury of Xiaoliuqiu was in a hurry, but the Dutch Bank in Xiaoliuqiu had not had a deposit business for several days, and the funds were increasingly depleted under the rapid withdrawal of countless people again and again.

Eventually, another bank closed.

Banks after banks, as if they were plagued, not only were their coffers empty, but their credit was also in jeopardy.

People who didn't get the money went crazy and even started to make drastic moves.

A bank clerk was killed.

There was also a serious injury to the bank president of Xiaoliuqiu.

In the face of countless roars, there is simply no way to maintain order on the ground.

This also made those businessmen who needed funds start to panic.

Some merchants originally deposited gold and silver in the bank, but if they bought and sold in large quantities, they did not have to redeem the gold and silver with the other party's merchants, but directly used the deposit certificate to trade, and the other party was willing to approve it.

And now, these deposit slips are waste paper.

The transaction also had to be aborted.

There are still many businessmen who have to take loans from banks because of the needs of production, but now they are ...... The bank itself is difficult to insure, where can there be money to lend you?

Thereupon...... In Xiaoliuqiu, many of the Dutch-run trading posts began to go bankrupt.

Thinking that they can't withdraw money from the bank and that they don't have enough cash in their hands means that they can't buy raw materials or come up with real money to hire workers.

This plague-like banking crisis quickly began to spread to all walks of life.

People are sad to find that the destructive power of this so-called largest bank in Europe is enough to bankrupt countless people.

Law and order also began to become chaotic, and the unemployed began to drink heavily and attacked merchants in a frenzy.

And the businessmen are in a precarious position because of the broken capital chain.

They looked for a bank, but the bank had no way to absorb savings, but countless people came to withdraw money, but their funds had already been lent out.

Some of these loans take a year or two to repay.

You go to a borrower, who wants to pay off the loan in this dangerous time?

Whether it is Macau, or Xiaoliuqiu, Luzon, Malacca, and Sumatra, or the Japanese state with direct trade relations with the Netherlands, a huge crisis has begun to brew.

Of course, the envoys of the Netherlands were invited to Tianjin Wei, and then, on horseback, they rushed to the capital of the Ming Dynasty without stopping.

Before this, many missionaries had come to Daming, so they also had some superficial understanding of Daming.

At this time, the Dutch mission, led by Wei Marang, the director of the East India Company and the governor of Lower Ryukyu, seemed extremely excited.

They felt that they had set foot on the land of gold and silver, and that they had already frightened the Ming court by using gunboats here, and that if they could sign an agreement, even if it was the same as with the Indians, then they could make a hundredfold and a thousandfold profit.

They were first placed in the Ministry of Rites, and then began a long wait.

Of course...... They are not in a hurry, because there are many good things, and the capital of Daming is extraordinarily prosperous, which also makes them realize that their choice to come here is correct, especially in Xinxian, which is even more eye-opening.

The size of the city here is more than ten times larger than that of European cities, which is enough to make people want to linger.

…………

Chapter 5 is delivered, asking for a monthly pass.

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