Chapter 117 Loans
The two sides quickly established the interest rate of the loan and other issues, and the Pengyu was afraid that they would not be able to pay it back, so they only gave them an annual interest rate of 1%, and the interest for a year was also 2,000 taels, which was not bad.
The Malacca trade officials obviously didn't expect the interest rate to be so low, they all lend at 10%, and other countries will only be higher than them, not so low, and the high can be 50%. And now Cham is willing to give them a loan with an interest rate of 1%, which makes them surprised and very touched at the same time, but at the same time there is a hint of vigilance.
"1% interest, Your Majesty, doesn't that require us to pay anything else?" Trade officials said.
"Something else? What is that? He scratched his head in confusion, and there were other requirements for borrowing money together.
The official breathed a sigh of relief, looking at the other party's appearance, there was really no other request. The two sides chatted casually, and when the agreement was taken, the Malacca officials began to look at the agreement carefully, except for the requirement that the money must be repaid, and if the money cannot be repaid within the specified time, other items will be collected instead of this article, which is basically exactly the same as the normal agreement, and the use of goods to pay off the debt is not excessive.
The slightest vigilance of the officials completely turned into emotion, after all, the treaty came first, which means that they really borrowed money to earn interest.
"Your Majesty, when my Malacca city is rebuilt, I will definitely invite you to visit and play." The official said.
"Okay, then I'll wait for that day. It's okay if you don't invite me then, as long as I can pay back the money in the end. ”
"Then how can it be done, when the time comes, we invite Your Majesty, and Your Majesty must come." Then the officials rushed back to the country and brought the loan agreement to Sultan Muzafasha to wait for him to confirm it personally, and then Muzafasha would sign it himself, and then the two sides would keep a copy of the agreement, after which they could withdraw cash from the Cham bank.
The Khmer has only paid 70,000 taels first, and the 70,000 taels they have hollowed out the treasury, and the remaining 130,000 taels will be paid in installments. In fact, since the opening of the Cham Bank, many people have deposited cash in the Cham Bank, and now the cash in the bank exceeds 10 million taels, of course, it cannot be delivered 200,000 yuan immediately, which will make it appear that the Cham people are very rich and attract the eyes of other countries, which is not good after all.
The first batch of debts is money lending by the state, and the Cham government will pay out 100,000 taels, first pay half of the agreed, and the remaining half will be divided into half of the loans, and the loans will first be issued from various banks, that is, private funding, but the 1% loan interest rate is really good, and the general current interest rate of the Cham is 0.2%, that is, this interest rate will have many people to deposit money in the bank, after all, it is really good to make money.
So during the Chinese New Year, there was a bank fund business in the bank, and everyone was obviously curious about this business, but this is a new thing after all, and everyone is afraid to try it easily.
When everyone understands that these debts have high profits, they have a lot of money to turn to these businesses, after all, the Cham Bank is personally presided over by the government, for them, the government is very credible, the government has achieved many commitments, such as land division, taxation, etc., and the bank is hosted by the government, they naturally believe in the bank.
When the envoy returned from visiting the Khmer, he informed him that it was indeed written in the treaty that Kratie was now the territory of the Cham people.
He didn't believe in evil anymore, so he asked people to take out the agreement and look at it, he was stupid when he saw the entente, well, when he saw the compensation of 200,000 yuan, he roughly looked at the agreement and signed it.
Since Kratie is indeed already a Champa, then everything in Kratie has to be reshuffled, the cities of Borenogo and Zhuxi are different from Kratie, these cities are outright Brahmanical cities, and Kratie is Theravada Buddhism as the main religion, and there is still a considerable difference from Brahmanism, so the Penglu here realizes free religion and religious tolerance, and protects everyone's right to freedom of belief.
On the basis of religious tolerance, changes were made to taxes and other aspects, and at the same time, a new government was formed, and a scheme of common governance was adopted, allowing the Khmer and Cham people to govern together, and then there was a plan to repair the city walls, roads, etc.
The development of the orange is also open to the treasury bonds, and it is best to get the money, and if you can't get the money, it will be no problem for the government to have money in the future.
Sita Settlement in Oceania
The trade between the settlement and the water tribe also began for a period of time, and a considerable number of people in the settlement moved to the vicinity of the water tribe, and they established a new base in the water tribe, which was used for mining and storing copper ore, and this base was more troublesome to communicate with the Sita headquarters, either by land, or from the river of the water tribe to the sea, and from the sea to Sita, the sea route was too long after all, and it needed to be at sea, after all, it was too dangerous, so the exchange was selected for land exchange for a short time, Merchants supply the base, and the merchants bring the minerals back to the Sita settlement.
Hou Zongsheng was ready to wait for the free season, when everyone had nothing to do, to build a canal between the two places, to be honest, there was a shortage of labor. Workforce? Hou Zongsheng suddenly had an idea, they could hire these natives from the Water Tribe and the Umbrella Tree Tribe to help them mine and dig canals, and they would be the mine bosses. Presumably, as long as they are willing to give food, and give enough, those chiefs will be very willing.
So on January 30, the 24th year of Zhizheng, by the investment of many parties, the water tribe contributed manpower, and the Xishui Canal project officially began, but at the beginning, they encountered problems, how to plan the route of the canal, how to start the construction of the minimum, these are not their heads, so the plan was stranded at the beginning.
No way, on January 10, the 24th year, Hou Zongsheng started the mining plan, and the name of the base was named Lakshmi, that's right, it is the same name as the Natuna Trade Center, and the copper mine was also named Lakshmi Copper Mine, which was officially excavated on this day, and the base also has all facilities, of course, most of them are warehouses.