Chapter 137: The National Silver Company (Part II)

Creation of the National Silver Company of Corsica?"

The Duke of Schwarcel frowned and looked at Lawrence, although the split split between the shares proposed by Lawrence instantly appealed to the Duke of Schwartle, but it was very strange for the Duke of Schwarcel to set up a company in a poor place like Corsica.

Due to the traditional and backward production relations, there are only a few companies in the whole of Corsica, and the few companies that are also located in Ajaccio and are engaged in overseas trade, in order to connect with the trading partners.

Strange as he felt, the Duke of Choiseul pondered Lawrence's proposal.

Lawrence's request for a 51% stake by the Corsican government was undoubtedly a desire for absolute control in order to achieve full management of the silver mines.

The Duke of Choiseul didn't care about this, as long as France could get half of the profits, and participating in the development of the silver mines would require additional investment to help the Corsicans.

And if it was only to divide the profits, the French would only need to send a small number of auditors to the national silver company.

"Kind of interesting."

The Duke of Choiseul kept touching his chin, obviously interested in Lawrence's proposal, but asked with some concern:

"But is it necessary to set up a company in Corsica? In Corsica, of course, it is more economical and feasible to have peasants come to the mines to do their labor, so you don't have to hire special miners, right?"

"It's not about labor."

Lawrence crossed his fingers and said that he still had more than a thousand British and Sardinian prisoners of war, and although the two countries would certainly try to negotiate with Lawrence to ransom the soldiers, they could work for Corsica for a long time as long as the negotiation process dragged on long enough.

The Duke of Choiseul rubbed his head, he was not well versed in financial matters, and after thinking for a while, he did not answer, so he asked directly:

"And you're for...?"

"As you said, the silver mine is currently being developed very slowly, and there are not even a few mines."

Lawrence's expression became solemn, and he drew a circle on the map where the silver mines were located, and said:

"Cutting down forests in the mountains, building houses, transporting supplies for workers, and even maintaining garrisons in the mines are all a lot of upfront investment."

"Hmm... That's right."

The Duke of Choiseul glanced at the map, and the silver mine was indeed located deep in the mountains, and if it wanted to be developed, it would undoubtedly have to improve the surrounding infrastructure, which would indeed require a large amount of start-up capital.

And the Corsican government itself naturally cannot come up with such a large sum of money.

"That is, Governor Bonaparte, you want an investment?"

The Duke of Choiseul nodded, understanding what Lawrence meant, but shook his head and vetoed:

"But without even a single piece of ore in sight, I don't think the royal family would be happy to invest."

Lawrence smiled and nodded, he didn't want to get start-up capital from the French royal family, and even if the royal family was willing to invest, the amount would not be too high, but it would change the shareholding structure designed by Lawrence.

So Lawrence said as expected:

"Of course, I can understand that it doesn't sound wise to drop a large amount of silver Livers in the mountains of Corsica."

"Oh? So where do you want to get the investment from?"

The Duke of Choiseul couldn't help but ask curiously when he saw Lawrence's confident appearance.

Lawrence looked Duke Choiseul's eyes and said slowly:

"Paris Stock Exchange."

"Paris Stock Exchange? Hiss..."

The Duke of Choiseul was stunned, but quickly realized Lawrence's purpose and why he had set up the Corsican National Silver Company in particular.

Founded in 1724, the Paris Stock Exchange was chosen by the French after recognizing the great contribution of the world's first stock exchange, the Amsterdam Stock Exchange, to the development of the financial industry.

Over the past few decades, the Paris Stock Exchange has become one of the largest daily wealth flows in Paris and even in France.

And at this time, the Duke of Choiseul finally understood Lawrence's intentions, and once the Corsican National Silver Company was listed on the Paris Stock Exchange, it issued shares:

With its background as a shareholder of the official Corsican government and the French royal family, and the Ajaccio silver mine, which is a real fixed asset, no one can doubt its operational stability, which will be a very low-risk stock.

Not to mention the fact that the Ajaccio Silver Mine is now in a state of ruin and almost undeveloped, which means that the stock price of National Silver has considerable room to rise, and the stock of National Silver will undoubtedly become a bullish stock.

The savvy investors of the Paris Stock Exchange will soon discover this, and they will join the ranks of the opportunists seeking high profits, the businessmen seeking to preserve the value of their assets, and even the aristocrats and clerics with large sums of money in their hands.

"I see, there are a lot of rich people in Paris, as long as they get together and invest in the country's silver..."

The Duke of Choiseul nodded and said suddenly, and couldn't help but look at Lawrence a few more times, but he didn't expect this young man to be so involved in finance in addition to politics and military.

"However, Your Excellency, although I don't know much about Paris, there should be strict restrictions on a company that wants to issue shares on the Paris Stock Exchange, right?"

Lawrence suddenly smiled and said to the Duke of Schwartle.

The Duke of Choiseul frowned and nodded and said yes, after all, the Paris Stock Exchange has only been established for more than 40 years, and it has adopted relatively conservative measures and attitudes towards various financial behaviors.

Lawrence sighed deliberately again, shook his head helplessly, and said:

"Moreover, the National Silver Company is technically a foreign company, and even if it has just been established verbally between the two of us, it will be very difficult to list on the Paris Stock Exchange."

Duke Choiseul narrowed his eyes, leaned back in his chair relaxedly, looked at Lawrence with a smile, and said:

"Indeed, if you follow the process, you still need to reach an agreement with the bank first, and the bank and the stock exchange have a lot of procedures to go through, then it will be troublesome, so Governor Bonaparte, do you want to...?"

Lawrence smiled similarly, shrugged his shoulders and said:

"Rules are dead, people are alive, and for the famous Duke of Choiseul, it is not a problem to exert influence on the Paris Stock Exchange, right? After all, the French royal family also owns half of the national silver company."

The smile on the face of the Duke of Choiseul was even bigger, and then he also knew why Lawrence would be so generous to give away 49% of the equity directly, and the National Silver Company naturally needed some additional price if it wanted to operate in the French financial market.

So the Duke of Choiseul nodded without hesitation and said:

"Oh, the rules of the Paris Stock Exchange are a bit rigid, and I don't think it's a problem to be flexible once in a while."

Seeing that the Duke of Choiseul had agreed cleanly, Lawrence also smiled with satisfaction, and secretly sighed:

"If this kind of thing is put in the next generation, it will be a proper financial scandal."

And the Duke of Choiseul took the initiative to stand up, shook his clothes very easily, and said with a smile:

"Ah, it's a pleasure to talk to a young talent like you, and I hope your feast isn't over yet, so let's go and have a few glasses of brandy?"

"Of course."

Lawrence looked at the Duke of Choiseul with a smile, and looked at the smile on his face, and couldn't help but think to himself:

"Hopefully, the Duke will be able to laugh in a few months."

No one except Lawrence himself knew that what he wanted to get on the Paris Stock Exchange was not the start-up capital for the Ajaccio silver mine at all.

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Chapter 137 The National Silver Company (Part II) Free Reading.