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Section 50 Bonds (Part 2)

A large group of shopkeepers of commercial banks in Chengdu were waiting in the prefect's office. They had already received news that the Duke Bao was going to receive them. After finishing his speech at the Imperial Parliament, Deng Mingma rushed back to the prefect's office, invited these financial personnel to the reception room, and quickly repeated the bonds.

As one of the major shareholders of Industrial Bank, Yu Youming was also among them. After hearing that the bond actually paid three percent of the annual interest, he immediately smelled the dangerous smell. Although Deng Ming had mentioned many times that the bank had collected deposits to lend, it was unreasonable to not pay depositors interest, no one took this sentence seriously. Because depositors did not make any requests, Deng Ming never put a knife around his own neck, so, including Yu Youming's Industrial Bank, this reminder was all about the left ear and the right ear.

But if the bonds issued by the Imperial Government pay interest, it is conceivable that depositors will definitely withdraw money from the bank to buy bonds. The bonds not only have great returns, but also have better reputations.

In a blink of an eye, many people began to complain, saying that they had no contribution to Sichuan's development and worked hard. Now they have used a lot of their money to lend, and if depositors suddenly come to withdraw money, they have to close the door.

"I said earlier, wouldn't it be good for you to give depositors a little interest? They have also made great contributions to the construction of Sichuan and should share the dividends of prosperity. Such a simple thing is worth saying? No need to mention this matter, the construction of treasury bonds will definitely pay the profit. Besides, bonds do not pay the profit. Even like you, do you think the fellow scholars would buy bonds or put the money in your hands?" Deng Ming did not spend too much time on this issue. He continued: "It is not mainly for this today, but for you to make some money."

Seeing everyone's ears pricked up, Deng Ming repeated the risks he mentioned in the parliament. However, this time he did not say anything wrong, and it was explained from the beginning that both scholars, like scholars and Quan Rus and scholars enjoy full guarantees.

Regarding financial issues, the people present are more sensitive than those of the parliamentarians, so they are also confused. The scholar is an ordinary citizen of the capital, just like the scholar is a soldier, and the scholar is a newly arrived immigrant, and Deng Ming did not miss any of them. So why not simply say that this is a risk-free bond?

Like the congressman's doubts, Deng Ming immediately explained their doubts: "Our bonds are not limited to domestic issuance. I know that you have contacts with Governor Gao of Chongqing and Governor Zhang of Wuchang. Several of them have also gone to Nanchang and Nanjing. I hope you can help me sell some bonds to them. Instead of putting their money underground and getting moldy, it is better to buy some bonds. As long as there is no military disaster, I will pay profits. This is just the first batch of bonds. We may issue them in the future. You can get benefits when you help sell agents."

"If a military disaster occurs, then you won't pay the compensation?" Yu Youming immediately asked.

"So when you sell it to Governor Gao, you can ask him if he doesn't buy it because he has the idea of ​​attacking Jiang You? If he denies it, of course he should buy more." Deng Ming not only provides bonds, but also provides sales strategies.

"What about Huguang and Liangjiang?"

"Well, I will give you a few handwritten letters I wrote. I hope that Huguang and Liangjiang subscribe to Sichuan construction bonds will be a symbol of friendship between us. In return for friendship, I will pay them interest as scheduled - if Gao Mingzhan and Li Guoying are unwilling to go to Jiangyou to make trouble and deliberately disagree with our friendship."

Yu Youming and others quickly calculated the cost of bribery and how to convince the senior officials of the Qing court.

Seeing the look of eagerness in the eyes of several people, Deng Ming began to open the card in his hand: "I will give you 10% off for any bonds sold abroad."

"It's too little. It's only a million to sell it for 50 million. The Duke is too stingy, 10% off."

"There are quite a lot, this is just the first batch, and there will be some in the future. Besides, you will make a profit of the difference in silver. You are counting one or two yuan here, but in many places, you can get one or two yuan in silver for 80 yuan. Don't think I don't know! It's 90% off."

"That's all hard money, you risk beheading. Duke, at least 90% off. You just forced our banks to start paying profits."

"You just need to use my banner to kill you. Will Wuchang or Nanchang dare to kill you? Is it hard to make money? 10% off."

"Your Duke will not be hard for you to sell bonds! 10% off!"

"make a deal!"

...

After seeing off these financiers, Deng Ming turned his head to look at Xiong Lan, Liu Jinge and others, and they watched the whole negotiation process.

"What else is there? When I am not in Chengdu in the future, if you need some money to overcome the difficulties, you can handle it as per the same. However, the issuance of bonds must be approved by the Imperial Parliament, and the Imperial Parliament must be checked."

"I understand." Liu Jinge answered very simply.

However, Qin Xiucai still has questions. The interest on this loan is not a big problem. It is not very high. Moreover, even if the taxes in the new development zone cannot be collected for a while, Deng Ming has already answered that he has used the "private money" he controlled to advance, and will not add additional burden to the finances of Chengdu or Xuzhou. In the eyes of officials of the Western Sichuan Group, Deng Ming's jewelry income is now regarded as something similar to the emperor's treasury, but Qin Xiucai and others do not have the courage of the Ming Dynasty civil servants and dare not take the initiative to ask Deng Ming to contribute the treasury. Now that Deng Ming has raised it himself, the interest is definitely not a problem.

But there is still a problem with the principal. This time the loan will be used to purchase various tools immediately. With these equipment, Jiangyou should be able to develop rapidly, but no matter how you look at it, it is unlikely that the principal will be recovered through taxes within three years. Everyone present is very clear that even if Jiangyou's development speed is far beyond expectations, Deng Ming cannot use heavy taxes to squeeze back the principal of the construction bonds.

"How should the principal be paid back then?" Qin Xiucai felt that the burden would sooner or later fall on Chengdu and Xuzhou. When he first developed Xuzhou, Chengdu almost assumed all the construction funds, but Xuzhou relied on the salt industry and water transportation, taxes increased sharply. Jiangyou and Mianzhu probably did not have such excellent conditions, and Deng Ming did not guarantee to use his jewelry profits to fill the holes when necessary.

"What is allocated? Will the Dufu and Xuzhou share the burden?" Deng Ming asked back. Seeing that Qin Xiucai nodded, he smiled and said, "Borrow another money before the bond expires to repay the principal. The annual profit is only 3%! We will use this money first. In Jiangyou and Mianzhu, 50 million is a sum of money for them now. What is it worth decades later? If we can borrow more money for this kind of money, we can even recover the production in Jiadingzhou immediately."

However, Deng Ming said this, and supporting several places at the same time is not something that Chengdu cannot do now. In order to rebuild the counties in northern Chengdu, the government not only needed a large number of tools and vehicles, but also almost had to purchase all the livestock of the mule and horse store. In order to collect the materials for the reconstruction work, the expansion and equipment replacement of the standing army needed to be lined up backwards.

Deng Ming's main work has been completed, and the rest can be carried out entirely by various yamen. After leaving the prefect's yamen, Deng Ming remembered that he had not had time to go to the academy these days because of these things. Since Hui Shiyang's death, he has not taken time to visit Gong Yong. Now Deng Ming's impression of Gong Yong has improved a lot, because Liu Jinge has been saying good things about this person in his ear these days. After learning that Gong Yong was persistent in fighting guerrilla warfare in Ganzhou, Deng Ming couldn't help but admire him.

...

Beijing, Sony is in the middle, and the other three auxiliary ministers are on both sides. Obyei takes the left, and opposite Suksaha and Ebilon sit.

While Deng Ming racked his brains to raise funds, the regents were repeatedly discussing how to dig out more sources of wealth. Prince Kang had already taken Li Guoying to Shandong, and the encirclement of Qi was tightening. In another month, in mid-March, no later than the end of March, most of the counter-rebels could take their place and launch an attack on Qi. However, until this moment, the Shandong Governor's Office did not reveal his true true face to Yu Qi, but continued to numb the other party to avoid the other party's dying or rushing around.

An important reason for the slow movement of the Qing army was that the ministers of the regent felt that the military expenditure was huge. Since they could use tricks to stabilize Yu Qi, Beijing would use a more cost-effective way to slowly assemble troops. There would be no suspense in the battle in Shandong, but after the battle was over, Sichuan would be recruited into the agenda. If the military expenditure was insufficient, it would be a mistake.

"If you don't take several cases together, you won't even think about suppressing Sichuan by the end of this year." Oboi was trying hard to explain to Sony the economic benefits of launching a prison in Jiangnan, and there is no need to mention the political benefits. Sony, like Oboi, hates these unhonest Han scholars and does not trust them. Although the Ming Dynasty gave great privileges to the scholars, they still refused to fight to the end. Since that is the case, why did the Qing court give them the same treatment? Since they refused to serve the Ming Dynasty, how could they expect them to fight to the death for the Qing Dynasty?

After seeing these cases, Suksaha and Ebilon immediately agreed to Oboi's proposal and were willing to jointly request the Empress Dowager to initiate a prison. Especially Ebilon, who has been designated as the representative of the Minister of the Responsible Minister who accompanied Prince Kang to the expedition this time, so he was particularly concerned about military expenditure and military preparations.

But Sony still hesitated: "Deng Ming is a bandit. His hobby for money and goods is far more than that of land, and there is Huguang in the middle, so there is no need to worry too much; but what about Zheng Chenggong? The sea is not an obstacle but a general route for him. If these cases are revealed and Zheng Chenggong comes from the sea, wouldn't the Han people in Jiangnan all rebelled overnight?"

"Even if we don't take action, they will rebel. Didn't they all rebelled when Zheng Chenggong came last time?" Oboi said dissatisfied.

"Yes, but once Zheng Chenggong was defeated, they all came back. In just three days, the four governments that rebeled the pirates were all back. They had met Zheng Chenggong and Zhang Huangyan, but none of the scholars and wealth organizations joined Zheng Chenggong for bravery. Why? They didn't want to fight for either side. Zheng Sheng helped Zheng, and if I won, I would help me, without spending a penny, and I would not take any risk at all." Sony pointed to Oboi's plan: "But with so many cases, you have to kill hundreds of scholars and demote the fame of 13,000 people. Zheng Chenggong came back at this time, and they would not sway back and forth, but would bring all the servants and money to Zheng Chenggong, and would encourage every relative and friend to go with them."

If Zheng Chenggong had not threatened, Sony knew about the Daxing Literary Inquisition, the frightened Jiangnan scholars would only be silent. But if Zheng Chenggong took the opportunity to invade, the scholars would fully support the Ming army because of fear of the Qing court: "If it was to investigate these cases and cause chaos in Jiangnan and give Zheng Chenggong an opportunity to take advantage of it, it would be more than worth the loss."

"I heard that the Zheng family's father and son were in a bad relationship." Seeing that Oboi was speechless, Ebilong whispered to help.

"Yes, it seems to be for a nurse or a concubine." Sony also heard that Zheng Jing, who was stationed in Jinxia, ​​seemed to raise a rebellious flag to fight against his father: "Even if Zheng Chenggong lost half of his army, it would still be a huge threat. Besides, even if Zheng Jing was a rebellious son, would he cut off his father's retreat when Zheng Chenggong attacked Jiangnan?"

"Maybe Jiang Guozhu can let him consider it himself and ask him to report to the court whether it is the right time to handle the case." Suksaha carefully put forward a suggestion: "If he feels confident to keep it..."

"Don't worry!" Sony rebuked: "Do you think Jiang Guozhu can stop Zheng Chenggong?"

Sony's angrily shout made Suksahammer silent.

"It goes without saying that it's easy to add Zhang Huangyan and Deng Ming from Zhoushan, Jiangnan under Deng's name is like visiting relatives' houses." After saying that, Sony closed Oboi's proposal heavily and pushed it to the side: "Now is not the time, let's talk about it later!"

Sony is generally not stubborn, but since the Chief Auxiliary Secretary has spoken, the matter will end here, including Oboi, it should be that.

A guard sent a copy of the emergency from the South to the Minister of Respondent.

"From Fujian." It was urgently submitted to the Chief Auxiliary Secretary. Sony looked down and said casually: "It's Geng Jimao, Li Rutai signed it together."

Several ministers of the regent have raised their hearts. Could it be that there was another defeat in the Battle of Xiamen? Now the court has no spare time to increase troops to Fujian.

Sony opened the letter and read it slowly.

"Haha," Sony burst into laughter with a rare voice, his voice full of joy: "Master Hong Fu!"

Seeing Sony laughing, the other three knew that it must be good news, but they were all wondering what kind of good news could make Sony so excited. Unfortunately, the Chief Auxiliary did not immediately answer their questions. Instead, after laughing, he stretched out his hand and took back the plan of Oboi that he had just pushed to the side: "Send it to Jiangning and ask Jiang Guozhu what he thinks, is it a good time to deal with the scholars in Jiangnan?"
Chapter completed!
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