Chapter 344: Always Plotting Against Him
Lao Cao's little daughter is also involved in the issuance of new currency. He asked with concern how the exchange rate of Qianyin had risen by several points in a row. Ordinary people must have been heart pounding when seeing this. They can't be allowed to play like this anymore.
While they were still talking, the guard came hurriedly to report that the king, Lord Ding, and the Minister of Revenue, Lord Fan, had come to visit. The three of them immediately went to the gate to greet them.
After the two of them sat down, Lao Cao said that he and Yulin were just about to go to the government office, so why was Mr. Ding so anxious?
Mr. Fan said that it was because the money market was too weird that made Mr. Ding upset and unable to sit still.
Zhao Yulin said he was summarizing the situation here.
Ma Linger told them: Shopkeeper Qu and his friends in the Chamber of Commerce took out silver to exchange for new currency. The wealthy people could see clearly and would definitely not buy their money to make huge profits.
Mr. Ding trembled and said: I am afraid that those who do not know the truth will be crazy about money and take out the coffin book to buy money to buy money. I am very anxious.
Zhao Yulin had seen through his expression a long time ago, thinking that this was nothing. Those crazy people who played with securities and stocks in later generations all used leverage to trade. If they won, they would become rich overnight, and if they lost, they would jump off the building immediately. If he knew about this, he would probably be so anxious that blood would spurt out of his mouth and nose.
Wu Yuqi reported to him: People from Shunfeng Company were already spreading the news.
Mr. Ding immediately asked stutteringly: What?
What news?
Zhao Yulin said he wanted to tell the common people that Shisanpu had used all the depositors' money to buy notes, so there must be no money left in the shop.
Fan Gong asked in surprise: Is this true?
Don't just talk nonsense.
Once the people worry that the silver they have saved is gone, they will surely rush to withdraw cash, and then Shisanpu will be finished.
Lao Cao said: This is exactly the result we want. These vampires are ungrateful. We asked them to put forward conditions when they wanted to invest in the bank. They didn't listen even after we warned them and insisted on raising the price. They must want to sell the inventory of the bank to make more money.
Well, let these people who play with money play until they lose everything.
Mr. Ding and Mr. Fan finally understood Zhao Yulin's plan.
He said: The game these people play is simply foreign exchange speculation, using various currencies and the price difference of silver and gold to make huge profits.
Most of these people who play with money are rich young men with a certain economic foundation, at least they are wealthy families who can borrow money to speculate in foreign exchange. Be willing to accept the loss and let them take the responsibility themselves.
Ma Ling said that the exchange rate of Jiangdong's Qianyin is less than 20%, which is much lower than that of our Xinsong. If we allow it to be hyped, Jiangdong's Qianyin will definitely be imported into Chengdu.
In this case, our wealth will be exchanged for waste paper in Jiangdong.
Zhao Yulin smiled and gave her a thumbs up, praising Ma Ling'er for her cleverness. He asked Mr. Ding to rest assured, and that they would close the Shisanpu shop tomorrow with good luck.
The old man then let out a long sigh and said, "Okay, I knew you had a way."
Then he got up and said goodbye and went back.
After seeing off Mr. Ding and the others, Zhao Yulin also asked Lao Cao to go back, saying that he had other important things to do and had to finish a manuscript for the Chengdu Weekly.
Lao Cao knew that he was going to use newspapers as weapons, so he said with a smile, "Let's go, let's go now..."
At this time, Duan Xiaolin and his wife in the small town of Kunming were receiving the Dali envoy. The envoy brought 10 million strings of New Song Dynasty's money notes and asked Duan Xiaolin to find Zhao Yulin to exchange them for silver. If he couldn't exchange them, he could buy the New Song Dynasty's new weapons.
The Dali court had received a secret report about the sharp rise in the money market in Chengdu, and believed that this was a great opportunity to make money, so the emperor sent a special envoy to find him to do the job.
Zhao Sihan shook his head at Duan Xiaolin, indicating that he didn't want to answer it.
Duan Xiaolin understood immediately and said, "We all know that the interest rate gap is large. Is there no smart person in Chengdu?"
He estimated that this money-driven hype would soon be over, and by the time he brought the money to Chengdu, everyone would be doing the dishes. Wouldn't that be a wasted trip?
The envoy thought it made sense, but the emperor's order was difficult to disobey, so he continued to persuade Duan Xiaolin to go north to Chengdu.
In Lin'an, Jiangdong, the false emperor Zhao Bing also received news that the exchange rate of Chengdu's Qianyin was higher than that of Lin'an. He had known for a long time that the exchange rate of Chengdu's Qianyin was higher than that of Lin'an. He was caught off guard by the fact that the issuance of new currency in Chengdu would lead to a sharp increase in Qianyin. He immediately called Shi's son to discuss the matter.
After sitting down and thinking for a moment, Prime Minister Shi said that it was normal that the price of money notes in Chengdu was slightly higher than that in Lin'an, but a sharp increase was definitely abnormal. How could Zhao Qier just ignore it?
He estimated that in these few days, Zhao Qier would take action to deal with those people who played with money. These people were scum who could not fight against Zhao Qier.
Shi Xiang also knew how powerful Zhao Yulin was, so he didn't want to get involved in this mess.
But Zhao Bing was unwilling to give up. He was short of money. If he didn't take advantage of such a good opportunity, it would be too easy for Zhao Qier.
Shi Xiang said that Chengdu was too far away, and the best way right now was to go to Jinghu and use our money to buy some cheap goods from Zhao Qier.
The court in Lin'an acted quickly.
After daybreak, the quiet Chengdu became bustling with vitality again. Those who were eating and playing in teahouses and taverns last night heard that the owner of a money shop used the money deposited by depositors in the shop to buy money to make money. It was immediately like a long fuse being ignited, smoking and going towards the end of the explosive bag.
Those who got the news spread the word, and those who had deposited money jumped up and ran to the money market as soon as they heard the news. Long queues formed in front of the Shisanpu shops, and everyone held up bills and shouted that they wanted to withdraw their money. They said they didn't want to deposit money anymore, and wanted to give us silver.
This was enough money to keep Fuxing busy. Each family was trying their best to accommodate the customers and did not dare to say they would not exchange the money. The clerks in the shop were busy comforting the depositors, telling them not to worry. They came one after another, and no matter how they tried to persuade them to stay, it was of no avail.
When Jiang Ligang got the news of the chaos in Qianshi, he immediately went to report to Zhao Yulin. He had already strengthened the patrols on Qianshi Street, and assigned a dedicated person to guard each of the thirteen shops, under the pretext of ensuring safety, but in fact each shop had been put under surveillance, and all the residences of each family had also been monitored.
Zhao Yulin was very satisfied and told him to keep calm and maintain order first.
Jiang Ligang assured him that there was no problem, and asked him shyly what to do with the silver that the Inspection Office had exchanged.
Zhao Yulin smiled and told Ligang not to worry, as he was the one who ordered him to do it this time in order to solve the case. Qian Fuxing also gave him a big golden rat to make a pair, so this golden rat must be handed over to the government.
Jiang Ligang said with a very grim expression, "Of course it is necessary."
Zhao Yulin waved his hand and told him to go ahead, but the guy seemed to have springs under his feet and immediately shot away after he said goodbye.
It was almost noon when Chengdu Weekly published another special issue.
This issue carries an article signed by Third Young Master, which introduces in detail what money speculation is, analyzes in detail the current Qianyin exchange rate in Chengdu, announces the Qianyin exchange rate in Jiangdong and Zhending Prefecture, and exposes the practice of unscrupulous businessmen maliciously making huge profits by taking advantage of the exchange rate difference.
The newspapers clearly tell everyone that the current financial market is still very immature. How can the country do such a business when it hasn’t even sorted out its currency?
At the end of the article, it is clearly pointed out that the new Song Dynasty in the future must formulate relevant laws to prohibit currency speculation and crack down on speculative profiteering.
As soon as this newspaper was published, it immediately poured cold water on the hot money market. Readers in the streets and alleys held the newspaper and started discussing it.
Someone immediately said proudly: See, I told you that the government would take care of it, but you still didn’t believe me, so the Third Young Master wrote a letter himself to speak for it.
Someone immediately finished speaking, the price of Qianyin is bound to fall, and those who just bought Qianyin hoping to make money without doing anything are definitely fools.
The one who led the group said: "Of course, I can feed my whole family if I am well fed. I didn't even buy a penny. I'm not in a hurry." After that, the guy made an exaggerated move, ran to sit on the recliner, and drank tea with a small teapot in his hand.
Some people became anxious and ran home in a hurry, took out their money notes and ran to the money market, holding the money notes to exchange for cash or new currency.
Qian Fuxing and his colleagues were so busy that they were dizzy. The amount of silver in the vault was visibly shrinking like the tide. The accountants of each household were busy clacking their abacuses. They had no time to read the newspaper.
His accountant reported: more than half of the silver had been spent, and there were still crowds of people waiting outside the gate to exchange silver.
Qian Fuxing was confused. What was going on?
Why are you all here to collect the money?
The errand boy outside brought him a newspaper and said, "Look, the third young master has personally written an article criticizing money speculation."
Qian Fuxing snatched the newspaper, but before he finished reading he became unsteady on his feet. The accountant quickly helped him sit on the armchair.
This guy just came to his senses now. It turns out that Zhao Yulin, Zhao Qier, was really cruel and had been plotting against him.
At this time, Jiuzi came to him for help, but he had no money.
This guy was too cruel. In order to make a lot of money, he had already used the depositors' money to buy money notes. Even though Ma Linger and Zhao Yulin had not targeted him before and were focusing on making money for Fuxing, when the 10 million money notes were thrown at him, it turned out that his ninth son was the first to go bankrupt.
This guy begged for money to save him with a sad face, and wanted to borrow two million taels of silver for emergency.
He was so angry that he kicked Jiuzi to the ground without caring about his wife at all. Jiuzi's sister was right next to him and she kicked Jiuzi a few more times cruelly.
However, Qian Fuxing knew very well that the Jiuzipu could not reveal its true identity. Once one of the money shops on this street went bankrupt, the common people would rush to all the money shops and take away their money as if they were infected with mad cow disease.
However, he is now in a very tight spot. He is already in a difficult situation and is in a difficult situation. How can he protect his nine sons?
So, he called his confidants to gather the shop owners to his shop to discuss matters, and told them clearly that the police officers worked so hard to maintain order because they had taken millions of dollars from the Inspection Bureau. He asked each shop to share the money and lend 300,000 strings of silver to Jiuzi Shop for emergency use.
Everyone knows that the collapse of Jiuzipu will inevitably lead to a bigger run on the bank.
However, the current bank run is too fierce, and it is not happening only to Jiuzi's family. Instead, every family is rushing to move their money out. Who can guarantee that depositors will not come to withdraw their money tomorrow?
So, these brothers who usually went out drinking and strolling around the red-light district together began to complain one by one: one said that his money was almost gone, another said that he was going to ask the head manager for help, in short, they didn't have even a single tael of silver.
