"Da Da Da ......"

With the sound of turning gears, the carriage moved slowly.

"Becca, speed up, we have to reach the Mountain Territory today!"

The old man's words made the groom who was driving the car slightly stunned, and the whip in his hand stopped in the air.

"Sir, please rest assured! If the rest of the road had been so easy, we would have been able to reach the hill territory this afternoon. ”

After reacting, Becca hurriedly replied.

"Hmm!"

After getting the exact answer, the old man's face looked much better. As a sharp-eyed businessman, he sees things much farther than ordinary people.

As soon as the Development Bank of the Near East opened, he noticed it. In the face of Hudson's name, when the future was uncertain, he still boldly opened an account and deposited 2,000 gold coins.

Originally, I wanted to sell a good one to Hudson and mix a familiar face. It's a pity that the difference between the identities and status of the two sides is too big, and the small customer of only two thousand gold coins is not worthy of Hudson's attention at all.

The world is so realistic, and there is nothing Tamr can do. wanted to get on the line with Hudson, but he was also forced out by the environment.

With the continuous development and expansion of his business, the original behind-the-scenes owner is almost unable to cover it, and he urgently needs to find a new backer.

It was not easy to take this step, and many merchants who wanted to defect to the great nobles had to go. There's nothing out of the ordinary, you can't even get through the door.

"Father, why are you in such a hurry? Even if it's a day or two at night, it doesn't affect anything! ”

The young man on the side asked suspiciously.

It's true that doing business is about efficiency, but the situation is different now. Under the crisis of "money shortage", there is no business to do at all.

Prices continue to fall, and now what you buy is what you earn. Almost all the merchants in the kingdom are deliberately reducing their inventories.

Under the influence of panic, no one knows where it is. What you can do is wait and see what happens, and look for opportunities.

"No, Jack.

It's the day or two we're going to fight!

The funds of the Development Bank of the Near East are not unlimited, and in the context of the "money shortage" crisis, the further you go, the more difficult it is to get loans.

Under the same conditions, when applying for a commercial loan, we can't compete with the aristocracy.

The decline in prices has begun to accelerate, and whoever has the cash in their hands will be able to make a big profit in the next changes.

When everyone realizes this, there will be nothing to do with us! ”

Tamr said with a serious expression.

This is a big gamble, if you make a mistake in judgment and place the wrong bet, the interest on the capital loan may not be able to be earned.

There is no problem with buying high and selling low, the key is the speed of payment. For ordinary businessmen, the long-term backlog of large amounts of goods can be very fatal.

This means that you have to choose the right time to play. Too early or too late can be costly.

"Father, I remember you said: only do what you can do.

We are not aristocrats, we can't get the best interest rate, and even if we can borrow money, the cost of capital will not be low.

Even if we can make a lot of money, with our connections, I'm afraid it's ......"

Before Jack could finish speaking, Tamur interrupted, "Son, you have indeed grown up and have not been blinded by immediate interests.

You're right, there is some money that cannot be earned. Many times, money is the original sin.

In recent years, we have been so good that we have been targeted. If you don't want to be devoured, you have to find a way to save yourself.

I'm going to mortgage all the hot deals in my hands to the Development Bank of the Near East!

Including follow-up business, I will also take a loan to do it. Even if there is no shortage of money, the loan will not stop. ”

Hearing this answer, Jack was stunned. never expected that his father would actually play a roundabout routine of pulling tiger skins.

Once the property is mortgaged to the Development Bank of the Near East, it will be difficult for the outside world to peep into it. Those who dare to snatch food from Lord Hudson's hands cannot be found in the whole kingdom.

The interest cost of the funds paid for this is equivalent to the payment of protection fees.

With more banks as cover, no one can figure out how much money they make.

Even if someone peeps, it's useless, the money is lying in the Development Bank of the Near East. In addition to the day-to-day operating funds, most of the wealth is the number on the magic crystal card.

The magic crystal cards are all real-name system, and they can't withdraw money if they grab it, so you can't take them to the bank to withdraw money!

What is the difference between coercing customers to forcibly withdraw money and robbing the bank directly? As long as you have a normal brain, you don't dare to die like this.

In this way, the biggest problem is to bet on the credibility of the Development Bank of the Near East, or on the Hudson's temperament.

Thanks to the good reputation of the business for many years, Hudson's name is still very useful in the southeastern provinces. How could an aristocratic model who did not even engage in land annexation attempt to plot their little inheritance?

At least in the past few years, everyone has not heard the story of the Coslow family's forcible seizure.

Even if you want to rob, you are robbing the orcs. The upstarts of the Coslow family are either cultivating wasteland in the Near East or taking root in northern Xinjiang.

In addition to the legal inheritance of the territory, the province has not deliberately expanded its fiefdom at all. Word-of-mouth and credibility are leveraged in the circle.

Early the next morning, Tamur and his party went straight to the branch of the Development Bank of the Near East. When he arrived at the scene, looking at the crowd in line, he fell silent.

As a bank that only does high-end customers, there are only scattered customers every day, when has this kind of scene occurred?

There is no way, there are too many smart people. After realizing the spread of the "money shortage" crisis, everyone's first reaction was to raise cash.

From the point of view of the annual interest rate, the interest rate of the Development Bank of the Near East is indeed not low, but after the split to the month, it is really not high.

Not everyone is like Tamr who needs to wear tiger skin to protect themselves from disasters, and more people just borrow for a short period of time.

The monthly interest rate is less than two points, and there is no lower loan than this in the entire Aslant continent.

If it weren't for the fact that the Development Bank of the Near East needed collateral for lending, and there was a strict review process, I am afraid that there would have been no money to lend.

On the third floor, looking at the crowd of people queuing below, Rudolph's forehead had begun to sweat. At this moment, he realized that the business was too good, and it was not a good thing.

Banks can use the review as an excuse to delay the loan time, but they cannot delay the loan for a long time.

Lending is very simple, but only if you have money in the vault. Because of the lack of experience, the bank has issued a large amount of loans a few days ago.

These customers who are coming over now are ordinary businessmen who are lagging behind in the news. Well-informed, start stockpiling cash flow long before the fall harvest.

The people who came in front of them were all high-quality customers, who had sufficient collateral and met the bank's lending standards, and the staff released the loan directly after review.

The business volume has been done, and the sequelae is that the bank's cash reserves continue to decline. Even if some customers leave their money in the bank, some choose to withdraw cash.

In order to reduce cash loss, the staff worked hard to sell gold tickets to customers. The more receptive businessmen were fine, and most of them were able to accept the Golden Ticket of the Development Bank of the Near East, but the conservative aristocracy was different, who only accepted cash.

Seeing that the upper limit of the capital adequacy ratio stipulated by Hudson was approaching, Rudolph, as the person in charge, also had a terrible headache.

"Governor, Baron Ezekiel has come to visit. Originally, we were going to send him, but he claimed to be your old friend. ”

Hearing the word "old man", Rudolph's scalp tingled. It turned out that there were more friends and the road was easier to walk, but now he is most afraid of meeting friends.

No matter how well he connects, he also works for Mr. Hudson. It was not easy to get into his current position, and he didn't want to put himself in it in order to sell favors.

"Please!"

Anyway, everyone is here, and they definitely want to meet each other.

Similar scenes, starting from returning to the mountain collar, are encountered every day.

Everyone knows that he is back, and it is impossible to say that he is not there. Even if you use busy business as an excuse, people are willing to wait.

is destined to be unavoidable, so simply receive it.

There are so many friends, mainly due to the nature of work. Rudolph started out selling arms for Hudson, dealing with people.

Then he was transferred to the post of Secretary of Commerce, also in a well-connected position. With the platform provided by Hudson, it is difficult to have few friends.

The first contact with Baron Ezekir was to sell weapons.

Back then, Baron Ezekiel also had a good time, and once organized the local nobles to confront the northland nobles in the south, and took a lot of advantage.

It's a pity that this good life didn't last for a few days, and it was defeated. If it weren't for the aristocratic protection mechanism in the Aslant Continent, he would have been cool himself.

Such was the fate of the minor nobles, and after one defeat, Baron Ezekiel never managed to get out of the quagmire.

Including the children of the nobles of the Northland, who used to have unlimited scenery, now they have become unpopular!

It's not that their abilities are not strong, but that the opportunities of the times have passed. No matter how strong an individual's ability is, he can't confront the general trend.

was not treated well by the royal government, and was hostile to the nobles of the southeastern provinces, in order to keep the foundation, he could only defect to Hudson in a low-key manner.

Including a few who made military achievements, in the end, they were overturned and charged with fornicating with orcs. It was Hudson who stepped in to make them "atone."

Baron Ezekiel is a little better, there is not so much black history, and there is not much hatred pulled. After the military strength of the territory was wiped out, it was nothing more than a little hard time.

One step slow, one step at a time.

There is not enough strength in his hands, and the follow-up exploits naturally do not have his share. At most, after the victory of the troops, they followed a little bit of merit in exchange for some verbal praise from the kingdom.

When they meet again, the identities of the two have been reversed. The salesman who used to go around selling door-to-door is now mixed in with the position of a baron.

Although the title was sealed by Hudson, the gold content is lower, but it can't stand him from holding an important position under Master Hadson.

Neither social status nor actual power is comparable to what Baron Ezekiel is now able to match.

After a few simple greetings, I went straight to the point.

"Your Excellency, the Near East region is undergoing large-scale development, and there should be a lot of food needed now, right?"

Baron Ezekiel asked, slightly nervous.

He has been rejected many times in recent days. Neither the grain merchants nor the nobles who went to the Near East to open up the wasteland had any desire to buy grain.

"There is a food deficit in the Near East, but the demand may not be as great as they think.

The kingdom has agreed to levy taxes in kind, so that the garrisons in the Near East and the construction workers on the front line will not need to purchase food from outside.

If the money shortage continues, everyone will pay their taxes in kind, and the royal government will even have surplus grain to sell.

Your Excellency, the current grain market is not very good, and it is difficult to sell the grain at hand at such a time for a good price.

It is better to store the grain first and wait and see the market situation. The money shortage crisis will always pass. ”

Rudolph opened his mouth to comfort.

It's all the truth, Xue Yueling does buy grain, but that is after the sharp drop in food prices.

Now the noble lords are still carrying it, and the price of grain in the market has fallen by less than ten points, unlike other commodities, many of which have been discounted.

Selling grain in this context will definitely be bargained.

"Your Excellency, if I have a choice, why should I be in such a hurry?

I don't know why, since the end of the war, food prices have not been good.

I also thought so before, as long as I survived the crisis of money shortage. Last year, I only sold a small amount of grain and the rest was piled up in the warehouse.

I never expected that this year's situation would be even more severe. It's as if the food consumption market has shrunk all of a sudden! ”

Hearing Baron Ezekiel, Rudolph shook his head secretly.

The decline in food consumption in the kingdom was not due to a declining population, but mainly to the rapid development of the fishing industry.

Fish is also meat, and as long as the price is cheap enough, it will inevitably have an impact on the grain market.

To make matters worse, even if the price of fish is lowered, the fishing is still very profitable. The aristocracy of the coastal areas is basically vigorously developing fisheries.

When the fish entered the market, the freedmen were thrilled to finally see the meat. As a result, food consumption in most cities of the kingdom has shown a downward trend.

Some changes cannot impact the market, but after the superimposed money shortage crisis and the contradiction is artificially magnified, the situation is different.

Now the only hope of the agricultural aristocracy is that only the Near East, a large consumer of grain, is left, otherwise everyone can only pile it up in the warehouse.

There is no life-and-death crisis, and no nobleman has bankrupted himself because of the bumper grain harvest.

It's just that it can't be realized for a while, and the nobles who expect to use the income from growing grain to do other things are tragic.

"If Your Excellency the Baron really wants to sell grain, I can help you get the strings, but you need to negotiate the exact price yourself.

Generally speaking, the transaction of the territory will follow the market situation. In the end, the price given will most likely not be satisfactory to you!

If you are able to accept the extension ticket, then the price can be slightly negotiable.

You can rest assured of the security of the golden ticket. The deferred gold ticket issued by the Development Bank of the Near East can be used to purchase any commodity in the mountain collar. Face value and gold coins are locked, and there is no risk of depreciation.

If you don't use it, you can take the golden ticket to our bank to exchange it for cash after it expires. ”

Rudolph said slowly.

Hudson had a habit of hoarding food from the early days of the business, and it continues to be used today.

It's just that today is different from the past, and the mountain territory that has been developed into a large area of farmland has long been self-sufficient in food.

An important factor in the unsalable grain in the southeastern provinces is that the largest buyer in the grain market has reduced grain purchases since last year.

Even if it is a grain collection now, it is still a strategic stockpile of grain. This kind of procurement that is not urgently needed is usually chosen when food prices are at their lowest.

However, in order to promote the golden ticket, a little concession is also acceptable. A short-term extension of the golden ticket does not bring a lot of benefits, but it can help the golden ticket build credibility.

Changing people's habits is not something that can be done overnight. Now it's just for them to try, and after they have the experience of using the golden ticket for the first time, it will be so repulsive to use it later.

It is unrealistic to shake the gold and silver standard, but it is still possible to join the system.

……

On Snow Moon Lake, Hudson was boating on the lake with a group of chamber of commerce leaders.

In addition to the chatter and laughter that just boarded the ship, the scene behind it was a little serious. Everyone came for Hudson's "big business", but they didn't have time to talk about it here.

"Tom, hand it out to the guests!"

Hudson said nonchalantly.

If he had a choice, he really didn't want to find someone to raise money. But there is no way, the Development Bank of the Near East needs too much capital.

Hudson can still inject himself in the early stage, but if it develops in the later stage, that hole will not be able to be filled by him.

All the financing strategies are the same, a beautiful statement with a seductive story attached.

As for the leakage of the business model and the emergence of competitors, Hudson did not care at all.

It's all out to fool the financing, so naturally it's a good choice, who is stupid to note the risk!

If you take it for granted to follow suit and copy this business model in other parts of the mainland, there is a high probability that you will be able to make money in the early stage, and it is a question of how to die in the later stage.

In the face of interests, few people can control greed. A bank without any legal constraints, after the end of the barbaric era of financial enclosure, Hudson could write his name upside down if he didn't get things done.

Time passed minute by minute, and everyone was watching carefully. The more they flipped back, the more shocked the expressions on everyone's faces became.

"Marshal Hudson, the Development Bank of the Near East is so profitable, you don't need to pull us in, right?"

Wolfdecker asked, confused.

There is never a reason to give away money easily.

Judging from the data on the books alone, in the past five months, the paper profit of the Near East Development Bank has reached 140,000 gold coins, and it is still growing wildly.

According to the current growth rate, the total profit will exceed 350,000 gold coins by the time it is settled at the end of the year.

Next year's profit is estimated to be between an astonishing 800,000 gold coins and 2 million gold coins. The number span is so large that it's like a joke.

"Mr. Wolfdeck, the Development Bank of the Near East is indeed very profitable, but the kingdom is in a shortage of money!

Under normal circumstances, we only need to suck savings and lend money, and we can make huge profits, but unfortunately now depositors have no money.

However, the difficulties are temporary, and the shortage of money is not big news for the kingdom.

Almost every time after a major war, there will be varying degrees of money shortages, but this time the scope is more extensive.

As long as you get through the difficult period of these few years, there will be a smooth road ahead.

Originally, I also wanted to shrink the pace and slow down the pace of the bank's development. It's just that time waits for no one, and if you can't quickly seize the market, competitors will appear.

There are many people who are staring at the Development Bank of the Near East, including you. If it weren't for the fact that they hadn't figured out the profit model, I'm afraid some people would have followed suit.

Money is not something that can be earned by one person, rather than diluting profits in the competition, it is better for us to join forces and share the profits! ”

Hudson flickered hard.

Profiteering or not profiteering, that's the future. Now the problem is that the Development Bank of the Near East is running out of money to lend.

Either increase leverage or shrink the size of lending, but this is not what Hudson wants.

(End of chapter)