The bills released by the prince will have to wait a few more days to pick up the goods.

What to do?

The connoisseurs who had just bought the prince's bill of goods shouted when they walked outside the exchange: "Who wants to change the order?" ”

Many retail investors were stunned for a moment, and then reacted to the situation, and rushed over and shouted: "I want to change orders, I want to change orders!" ”

The pick-up date of the manifest is from a certain day to a certain day.

As long as the goods are picked up within this time period, there is no additional warehouse fee.

If no one comes to renew the payment for more than three days after the pick-up period, then the goods will be swallowed by the exchange.

The current situation is -

The merchants bought the prince's low-priced cloth and wanted to retail it to the people tomorrow, but the goods list in their hands had not yet reached the delivery date.

Retail investors have a large number of futures orders in their hands, and even orders that have been overdue.

If the two sides exchange bills, the merchants will be able to pick up the goods for retail tomorrow, and the retail investors will be able to pay a less warehouse fee.

If you are a big businessman, you will never do this.

But how many retail investors can endure it?

For them, it's good to lose a little!

Li Wenzhong sat in the carriage, looked at the lively scene outside the exchange, and couldn't help but sigh with emotion: "I really think I am smart, I think I can take advantage of the loopholes of the exchange." The prince made up his mind and then moved, and he had already set a trap for us to enter. ”

Li Dunyi said: "We swept the goods relatively early, even if we bought a lot of money in the middle, but there was a warehouse to store the cloth after all." When it expires, go pick up the goods, stay in the warehouse and sell it slowly, and you will only lose tens of thousands of yuan. ”

Of course, that's not how the accounts are calculated.

The Li family's warehouse is full of cloth, and for a long time in the future, they can't go back and forth to make the difference, and they must find a suitable price for normal bulk goods.

Moreover, there are really merchants who see the popularity of the cloth market in Tokyo and hurry home to receive the goods and then ship them back.

The new goods brought in by the merchants, combined with the goods smashed by the prince, will cause the price of cloth to be low in Tokyo for a long time.

In this way, Tokyo Cloth Market has become a world of retailers.

In the past, the big merchants who flaunted their power had to beg retailers to bulk goods.

Li Shi only lost tens of thousands of yuan on the surface, but in fact, he lost his bargaining power, and smashed a bunch of goods in the warehouse and couldn't do anything else.

In this situation, they couldn't sell the price at a lower price, because the prince directly smashed the price to the end.

……

Next.

The prince continued to smash to the end.

There are constantly retail investors who follow the sell orders, and they will sell at whatever price the prince has.

These are all borrowed money to speculate, and there is no money in their hands for a long time. The pick-up date is about to expire, or even if it has expired, you can get some money back if you sell it at a low price.

If you don't sell it, you can't renew it three days after it expires, and even the goods will be confiscated by the exchange!

In an instant, it was full of selling orders, and the small merchants couldn't eat it all.

This has caused panic to spread again, and retail investors continue to cut prices. The price of the exchange has become lower than before the winter.

Now, even if the big dealers who entered the market early ship their shipments, they will sell how much they will lose.

"Temporarily suspend the sale of military cloth." The prince's henchmen who were mixed in the exchange began to prepare to evacuate.

From beginning to end, the imperial court did not think about making money.

Since cheap selling orders are flying all over the sky, there is no need to use military warehouses anymore.

Of course, in the end, the court will definitely have something to earn.

Many futures speculation and selling are large, and even if they pile up cloth at home, they can't finish the goods. And there is also a handling fee for picking up the goods, which is a big expense. They were unable to renew and extend, and they could not afford to hire someone to carry and pick up the goods, so the cloth on the manifest had to be given to the exchange for free.

"Sold it, I sold it!"

Zhao Shu cheered, obviously it was a bloody transaction, but it seemed to have earned a million. He said to Zhao Kai: "I want to go to the government to hand over the pleadings and sue those bastards for luring me into borrowing usury." ”

Zhao Kai was dumbfounded: "When did you mortgage the house and borrow it?" And secretly bought so many orders! ”

Zhao Shu was embarrassed and silent, took the money from the sale of goods, and ran to Kaifeng Facao.

The Kaifeng Facao Yamen was already crowded with people, all of whom had come to report usury merchants.

One of the soap clerks repeatedly shouted, "When you submit your pleadings, you will be classified according to the lenders." The same money lender involved in the case is aggregated into the same case. The houses have been vacated, and the name of the lender or the name of the business is posted on the door, and you can find the name and hand it over. If you can't find the name of the lender, go to the second hall to appeal, and Fa Cao will make up for it immediately! ”

Zhao Shu walked around Fa Cao's rooms, and soon found the name of the bastard who lent him money.

"I'm going to vote!"

Zhao Shu shouted and rushed in.

As soon as he rushed in, he was pushed out, and everyone glared at him viciously: "Line up honestly!" ”

……

During the Northern Song Dynasty, there were 72 restaurants in and around Tokyo.

These 72 stores have the power of brewing, wholesale, and retail, and this power is obtained from the government.

If it is not a main store, it can only retail liquor, and is not allowed to participate in brewing and wholesale.

The Jewish-run Iron Scrap Building is one of the 72 main stores, and the location of the store is located in a prime location, only slightly inferior to Fan Lou and Pan Lou.

This shows how rich the Jews were!

They lost a lot of money during the change of dynasties, and many of the loans they lent out in the previous dynasties could not be recovered. When the city of Tokyo was still broken, it was looted by rebels and people, but it was still carried over.

In recent years, it has recovered very quickly, because the imperial court banned the temple.

In the past, it was mainly monks who made usury. The court's ban on temples was tantamount to helping the Jews solve their competitors, which made their usury business more and more prosperous.

"Dad, Dad, no, the imperial court has sent troops!"

Li Yansheng ran and shouted.

His family is the richest Jew in Tokyo, and his ancestors have long since changed their Han surname and given their Han name in order to facilitate business.

By the time Li Yansheng's generation arrived, Hebrew was already unspeakable.

But he also knew the Hebrew script, could read the Jewish Bible, and did not intermarry.

In fact, the Jews at the bottom have been intermarrying with the Han Chinese for several generations. However, the number of Jews in Tokyo was too small, and it was difficult to marry completely internally in the early days, so they could only marry the poorer Han Chinese.

However, after intermarriage, most of the descendants still believe in Judaism.

It was their Sabbath, and it was supposed that no business could be carried out, but the Iron Filings Building was still open for business.

Do you follow the local customs, can you still make money if you have money?

In the backyard of the Irondust Building, a large group of Jews are gathering to discuss how to deal with the crisis after prayer.

Hearing his son's shout, Li Lianghan sighed: "This is our disaster day, but there is still room for reversal." If the interest exceeds the "Da Ming Law", we have not written it in the deed, and the court may be able to punish it lightly. ”

There are policies above, and there are countermeasures below.

The imperial court set a maximum interest rate for borrowing, which could be bypassed when actually lending.

That is, the interest is written lower in the contract, and within the legal range stipulated by the imperial court, less money is given when it is lent. In the contract, you lent me a hundred dollars, but I only gave you sixty or seventy dollars.

Borrowers and lenders, one is willing to fight, the other is willing to suffer, and it is difficult for the government to deal with it in ordinary times.

But this time it's different.

There are too many people who borrow money, and they are concentrated in the same time period, and they all have nothing to lose.

Not only was the Iron Scrap House surrounded by officials, but the entire Jewish community was controlled.

The customers who were eating and drinking in the iron scrap building, instead of being scared away by the officials, rushed to see the excitement.

An official stepped into the backyard and yelled, "Arrest them all!" ”

Even ordinary Jews, if they had spare money, would lend it to Jewish merchants at low interest rates, and Jewish merchants would take the money and lend at high interest rates.

Li Lianghan stepped forward and said: "This minister, I have always been law-abiding. All loans were deeded, and the interest did not exceed the imperial limit. ”

The official sneered: "Do you want to reread the "Da Ming Law" again?" Borrow more and give less, and the sin will increase! This time, the largest number of people have sued you, and the amount of money involved is huge, and you will definitely be exiled from your home. ”

The officer glanced at the others: "You can't run either!" The people who can meet here are all rich people with iron filings, and all of them are involved in usury. Even if it is not enough to raid the house and be exiled, the fine of three to ten times will punish you to death! ”

In fact, there is no need for fines, and only one loan contract can be invalidated, which can make these people lose a lot.

In the face of the knives, guns and sticks in the hands of the officials, more than 30 Jews obediently obeyed and were escorted to Kaifeng Facao for trial.

It was not only the Jews who lent usury.

There are also big businessmen in other industries, who do not participate in speculation, but take advantage of the futures trend to borrow usury. I thought there was no, and I would definitely not offend the prince, but I didn't expect to be beaten by the grass and the rabbit.

In the cell, the crying and shouting of injustice shook the sky, and they really felt wronged.

Although all dynasties have cracked down on usury, the court itself does not take it seriously, and the officials will not really punish it at all.

Take the Northern Song Dynasty as an example, the market change made by Wang Anshi changed the law, and finally directly became an official usury. The government forces businessmen to borrow money, and you have to borrow money if you have money in your hand, and if you don't borrow it, you don't want to do a business in science and distribution. And the richer you are, the more the government forces you to borrow money, because you definitely have the ability to repay.

The government of the previous dynasty all lent usury, why can't we businessmen now?

"What's the noise?"

A clerk rushed in, beat the cells one by one, and reprimanded: "As long as the amount of money lent is not particularly large, I will not raid your house and exile you." Depending on the amount borrowed on the deed, a fine of three to ten times is imposed. You lenders are all big and can't afford to pay this fine? ”

As soon as the words fell, the crying became louder.

The fine is only paid to the government, the problem is that the contract is invalid, and the principal they lent cannot be recovered.

With this trend of whistleblowing, not only those who speculated and borrowed money came to report to the official, but even the usury that was lent before, those bastards also took the opportunity to report to the official to repay the debt.

There are too many people who report the crime, and if it is not good, and the amount of money involved in the case is "particularly huge", then it is really necessary to exile the family.

It was difficult to be a businessman in the former Song Dynasty, and it was even more difficult to be a businessman in the Ming Dynasty!

But they don't want to think about it, the real law-abiding traders, has the government ever made a big case to trap them?

At this moment, many small Tokyo businessmen are cheering and shouting long live.

(End of chapter)