Chapter 346: Golden Rat Exchanges Life
While eating, Wu Yuqi said that her deputy envoy Qin Qinyao has been very busy recently. Several groups of people visited his house last night.
Ma Linger asked her to be more specific. But Wu Yuqi said that they were still investigating, and it was impossible for the truth to be revealed so quickly. It was just that the bank had to be careful of people who used money notes to exchange for new currency. Jiuzipu was the first to use money notes to settle accounts. If he had money notes hidden, or Qian Fuxing had privately printed money notes, there was no guarantee that he would not use them to make up the number.
Zhao Yulin thought this was entirely possible. They were already short of silver, so why would they keep money notes, which were waste paper? They might even have to use the money notes to pay off their debts today.
Ma Ling'er immediately became alert and went out without even eating.
Wu Yuqi said with a smile, "Look how he scared Sister Ling'er."
Zhao Yulin said seriously that this was not a scare. He told Yuqi to be careful in doing things. The money market has reached a crazy point and the real situation will be exposed. We must be careful.
The market opened, and more and more people went to the money shops to exchange silver. Before noon, half of the money shops had put up signs to use money notes to settle accounts. However, the common people did not accept it, saying that if money notes flowed into the market in large quantities, they would definitely depreciate. They demanded that the money shops lower the exchange rate by one cent.
There were thunderous cries from the doors of all the major account offices, demanding that the money shops reduce their prices. Some people rolled on the ground holding their bills, crying heartbreakingly and demanding compensation from the money shops.
In fact, this news was spread by the people from Shunfengsi, who wanted to take advantage of the panic to lower the price of the money shop and make them vomit out all the money they had taken in.
The money shop was at a loss, and after negotiation, the two sides lowered the interest rate by 5 cents to pay off the debts to the people.
Zhao Yulin was quite satisfied with the result, as it was lower than last year's closing price. However, the bank had not adjusted the exchange rate and continued to exchange the new currency at a rate 2 cents higher.
In this way, the common people could earn an extra 7 cents.
He asked the guards to pass on a message to the transport department, saying that the exchange rate tomorrow would be reduced by two cents, equal to last year's closing price and fixed. A shareholders' meeting would be held in the afternoon, and the results of the meeting would be reported to the Thirteen Shops in the Qianshi.
Zhao Yulin said to Ding Gong and the others with a smile, this is called fighting with them openly. The exchange rate in the money market has been uniformly reduced by 5 cents. The difference between this and our exchange rate is too big, so we should lower it to reduce losses.
Everyone smiled knowingly after hearing this.
On the prairie, the Mongol Empire also learned the news that Chengdu was issuing new currency.
Yelu Chucai was reporting to the Khan. After listening to him, the Khan asked him what impact it would have on my country.
Prime Minister Yelu said that the impact would be huge. First of all, the value of the Song Dynasty coins in circulation would drop sharply. Chengdu would definitely not recognize the legality of the old coins and would definitely abolish them.
Secondly, the knife coins we issue will also be affected. He took out two coins of the New Song Dynasty for the Khan to appreciate. These were obtained by the Mongolian spies, who rolled them up and put them in a small bamboo tube, and then let an eagle fly with the weight to deliver them to the royal court.
He said with envy how exquisite the printing was, but the paper was three times thicker than our knife coins. That harmonious color was impossible to reproduce no matter what.
The Khan couldn't let go of the beautiful banknotes that were hard, thick, and had patterns on them. He cursed his subordinates for being incompetent, saying they were a bunch of rubbish and asked why they couldn't make banknotes like the New Song banknotes.
Finally, he said helplessly, "Let it fall. I will first abolish the circulation of Song Dynasty's money notes and issue knife coins at a 10% exchange rate. In this way, the waste paper will flow to the new Song Dynasty and bring disaster to them."
My god, this move of the Khan of the grassland is too cruel. With one chop, all the money is wasted. It speeds up the printing of knife coins with wolf totem to make money.
In Chengdu, Zhao Yulin didn't know that the Khan of the grassland had launched a ruthless attack. He was now focusing on the ongoing battle with Qian Shi.
A new day has begun.
As soon as the market opened in the morning, all the money shops posted the exchange rate for using money to repay debts.
The news that the bank had lowered the exchange rate also spread to the market. The common people were not happy with this. Some people took the lead in causing a commotion, demanding that the money shop lower the exchange rate by another point, otherwise they would not exchange the money. They also asked the money shop to use real objects to estimate the value and pay off the debt.
The shops started to quarrel again.
After a stalemate of half a day, both sides took a step back, and the money shop actually agreed to the people's request, and the money notes were again reduced by 5 cents to settle the debt.
Common people rushed to exchange their money and ran to the bank to exchange it for new currency. After exchanging their money, many people kept a small amount of new currency and deposited it directly in the bank, because saving money earns interest.
In this way, the deposit and withdrawal business of Chengdu Bank was officially opened. The head office continued to receive deposit renewal data and the new currency was issued rapidly.
However, that night Ma Ling'er received a report of suspicious money.
The Baihuatan branch reported to her that it had received seven new banknotes totaling 93,000 strings of cash.
This situation immediately caught her attention, and Ma Ling'er handled it very alertly, but after understanding the basic situation, she said she understood and no longer paid any attention to it.
Secretly, Ma Ling quickly told Wu Yuqi the news. Yuqi said that Master Lu had discovered it a long time ago, and Dongmei was already working on it. She thought that Shunfeng Company was doomed to fail.
When she got home, Ma Ling said that Yuqi was showing off. With Master Lu's support, what could she not accomplish?
Wu Yuqi still didn't agree with Ma Ling'er, saying that Ma Ling underestimated her. She asked Brother Yulin, which major case in Hanzhong and Guanzhong was not solved by her personally?
Ma Linger immediately went to coax her with a smile, and called the maid to go to the kitchen to prepare some dishes, waiting for her brother to come back and have a good drink.
Of course, they didn't know that Zhao Yulin was listening to Jiang Ligang's report.
Li Gang told him that outside spies received information that the shopkeepers of the fourth and eleventh money shops had gone out personally to borrow money, but they were not able to borrow much even after offering high interest rates. It seemed that these two money shops were about to go bankrupt.
Zhao Yulin naturally knew that some people would not be able to bear such a fierce run and would close down.
He said that when people are forced into a desperate situation, they will inevitably take risks. It is their inspection department's job to ensure safety. They must supervise them strictly and not embarrass the general.
Jiang Ligang immediately promised him solemnly that he would never bring shame to the Third Young Master.
When he returned home, the beauties were already drunk and in bed.
As soon as Zhao Yulin lay down in Chen Chen's room, the beautiful little tiger jumped up and made him unable to move.
He immediately realized that he had been fooled.
It turned out that he was not asleep at all, nor was he drunk. He just watched helplessly as the female tiger stripped him naked and became a lamb to be slaughtered.
When he woke up the next day, Chen Chen was still lying in his arms with a sweet smile on her face.
Zhao Yulin gently pulled his hand away to get out of bed, but the woman caught him and told him not to move and to sleep for a while longer.
The little woman told him that she had personally escorted a batch of silver coins from Jiading back, and there were still a large number of silver ingots in the warehouse. Sister Yuqi had made great contributions years ago, and the confiscated silver had piled up into a small mountain, so she had to be rewarded.
Zhao Yulin tried his best to say that consolation was necessary, and of course it should be done, so the aunt should be comforted first.
The little woman held back her laughter and dared not to laugh out loud. She twisted her body desperately to avoid it, making the bed make a noise. He immediately stopped and got out of bed.
The family was eating their meal when the guard came in to report that Lord Ding wanted to see them. Zhao Yulin finished his meal and rushed to the government office, where he saw Cao Youwen and Fan Zhong were both there.
Lao Cao said that something had happened. The owner of the eleventh shop in the money market jumped into a well and died, and the owner of the fourth shop hanged himself.
Zhao Yulin nodded and picked up the teacup to drink tea.
He said that he would be busy now. The Inspection Department and the Shunfeng Department would handle the case, the Transport Department would organize the liquidation, and the Ministry of Revenue would send people to appease the depositors of the two shops.
Mr. Ding said he had already made arrangements and asked his deputy director of the office, Wang Rong, to urge them to do it quickly.
Wang Rong immediately went running.
Zhao Yulin said that he had anticipated that these two shops would go bankrupt first. He originally thought that Jiuzi Shop would go bankrupt first and would collapse first. Unexpectedly, with the support of his brother-in-law Qian Fuxing, it actually survived.
He explained to them that the family's expenses for the fourth and eleventh shops were too high, and they had no other income, so they relied entirely on the money shops to make money, and had long been unable to make ends meet and had been operating at a loss.
This time, they took advantage of the idea of Qian Fuxing and frantically made money from the exchange of Qianyin. They wanted to make a fortune at the beginning of the year. Unexpectedly, they were successfully sniped by Zhao Yulin, making them vomit out jaundice.
Lao Cao said that it was no longer a case of vomiting jaundice, but a sign of death.
He said that these people were suddenly in debt and could never pay it off in their lifetime. It was normal for those who had always lived a decent life to die without any care in the world.
Everyone burst into laughter when they heard his and Lao Cao's humorous narration.
Ding Gong was depressed because of his worries. He sighed and said he didn't know what would happen in the future, and there would definitely be more money shops that would go bankrupt.
Zhao Yulin said that was inevitable, and there were many more strange things.
As he was speaking, Jiang Ligang came in to report: Shunfengsi brought people to seal up the second shop, the third shop and the ninth shop because they had been found to have used privately-printed money to defraud depositors of their money.
Zhao Yulin said slowly: The python finally came out of the cave.
He asked Jiang Ligang to bring elite troops to assist and to isolate and interrogate the suspects individually to ensure their safety.
Within half a day, five out of the thirteen shops had problems. The constables were walking back and forth in the money market, arresting criminals, which intensified the run on the money shops. Zhao Yulin knew that this money market was about to be over.
In the afternoon, the money vouchers and property that could be used to pay the debts of Shop No. 10 and Shop No. 12 were used up. The inspectors immediately took control of the shopkeepers, and the transportation department immediately took over the shops for liquidation.
At the end of the day, seven out of the thirteen shops had problems, which meant that half of the shops had collapsed, which was enough to keep all the government departments busy.
In order to clean up the collapsed money shop, Ma Ling personally went into battle and lived in the money market to work overtime. Wu Yuqi and Dongmei also led people to fully devote themselves to the investigation, and even Fenghuang was pulled by Yuqi.
Only Chen Chen was at home talking to Zhao Yulin.
The young woman happily ordered the kitchen to prepare some delicious dishes.
He asked with a smile: What are you doing?
Want to drink again?
Chen Chen nodded and asked him if it was not okay.
Zhao Yulin held the woman's hand and walked around the yard leisurely, saying, "Of course, whatever the madam says is what I will do."
The forsythia on the courtyard wall had already blossomed, with small pale yellow flowers dotting the ground. On the flower stand, the Xishu Daoguang he had bought from the Jinbian Rock in Qingcheng was emitting a faint fragrance.
