industrial lord
Chapter 638 Next step plan
Chapter 638 Next Plan
There is a consensus among businessmen that the most important indicator to determine whether a businessman has a future is whether he cares about the news in Weissenberg.
Someone described that when a butterfly flaps its wings in Weissenberg, it should be treated as a tornado.
In late spring of 1037, a financial breeze blew through the city of Weissenburg, which immediately attracted the attention of countless businessmen, scholars, and rulers. For a time, the telegraph office's business volume skyrocketed.
Nowadays, savings with no interest and even storage fees still exist, but bonds are different from savings. The interest rates can be high or low, and this is the first time I have seen a bond with a zero interest rate and no additional conditions.
If this kind of zero-interest bond was created by someone else, everyone would just think he was drunk.
But this bond was issued by Grand Duke Wesson, and people unanimously believed that there must be a deeper meaning behind it.
In the main store of Ghazi Kebab Restaurant, Olive, like many other businessmen, is carefully learning how to identify genuine and fake "Wesson Coupons".
The denomination units of the Wesson coupons were the "gold shield" and "fin" used by the ancient empire. The fixed exchange rate of 1 gold shield was 0.175 grams of gold. Calculated in gold, 20 gold shields could now be exchanged for 1 florin gold coin, and 1 gold shield could be exchanged for 1 kreuz silver coin.
The subsidiary currency is "Fen", 1 gold shield is fixed at 100 Fen, and currently 1 Fen is equal to one copper coin in the market.
目前投放市场的有1、2、5、10、20、100、200金盾和、、1、2、5、10、50芬共14种面额的韦森券,金盾和芬按面额由低到高分别以红橙黄绿青蓝紫色印刷,大小也有区别,容易区分。
The front of the Wesson note is a portrait of Frederick, the back of the gold shield has patterns of a hot air balloon, a person receiving an IV drip, the Flying Tulip, a train, a tractor, a van and a bearing, and the back of the Finn has patterns of livestock, crops and steamed bread.
The first batch of Wessen coupons were spent through the salaries of county-level and above officials of the Duchy of Wessen government, managers of large factory chambers of commerce and banks controlled by Frederick, as well as internal bulk material purchases, and soon circulated in the market.
Within ten days after circulation, nearly 70% of the Wesson notes flowed back to the Wesson Bank, which exchanged them all for precious metal currency on the spot. About 20% flowed into the hands of merchants, who used them to pay taxes and fees, and the relevant departments received them without error.
Newspapers and radio broadcasts carried out extensive but cautious publicity, simply telling everyone that this had happened.
Time passed quickly and summer arrived.
Wesson coupons were gradually accepted by the market, and some people began to take the initiative to exchange them at banks.
At this time, Frederick was so shocked by a piece of news that he almost vomited blood.
"What the hell is 'Wei Datou'?" Frederick jumped up from the sofa, "Did you do this?!"
Psyche said innocently: "It has nothing to do with me. You have to believe in the wisdom of the people."
After Frederick sat down, he slapped his thigh and said, "It's unlucky!"
Previous metal currencies were not without portraits, but their area was definitely much smaller than that of paper money. Even on the Finnish Wesson note, Frederick's face was larger than on coins.
Therefore, people began to refer to Wei Sen coupons as "Wei Datou".
Psyche smiled and said, "Your kidneys should be fine. You won't get uremia."
Frederick waved his hand and stopped talking about it. He changed the subject and said, "Things in Bohemia have been arranged. They can start in the next two days."
"Maria and I will go this time so that we can proceed to the next step."
Psyche said with some concern: "The Bohemian region has been destroyed. Although it is a good place to paint, you need to invest a lot of resources and the payback period is long."
"If you issue paper money at this time and cannot control it well, you will end up spending 500,000 Wei to buy a piece of bread."
The Duchy of Wessen makes a lot of money, but also spends a lot of money. She was a little worried that Frederick couldn't control himself.
Frederick was silent for a moment and then said, "I think I can still manage it, but I don't know if others can manage it."
Psyche raised her eyebrows and asked, "What do you mean?"
Frederick leaned back on the sofa and said, "The money from printing presses is too fast, someone must be unable to resist." Psyche shook her head and said, "Given the political and economic structure and scale of other countries, the harm of over-issuing currency may not be as serious as you think. At most, they will return to the era of precious metal currency and barter."
Frederick nodded. Nowadays, no country is centralized enough to force the use of paper money. Landlords of all sizes just don't recognize it.
"There is a place that can be found." He smiled. "I wonder if they can keep their composure this time."
Psyche asked, "Venice?"
Frederick nodded.
The commercial empire that the Venetians had built over hundreds of years starting from making and selling salt by the sea was now in their way, and it was time for them to withdraw.
Psyche said: "Don't underestimate the Venetians. Last year you didn't take them to play with the railway. Now they are planning to connect the city of Bern by water and are making their own river boats with tractors."
"According to the information from the Steamer Bureau, they are also researching steam-powered ships."
Frederick nodded. After reading this information, it was no wonder that the Venetians had not contacted him and Mary from last year until now. The original plan had gone down the drain.
In terms of bulk cargo transportation, water transportation costs are lower than railways. The rivers in the northern part of the Kingdom of Sardinia do not freeze in winter. If the Venetians can do a good job of transshipment, the railway can catch up even if it does not reach the city.
From this point of view, it can be seen that the Venetians have real ability to develop to where they are today and should not be underestimated.
Frederick smiled and said, "It doesn't matter. They are profit-seeking businessmen. This is the biggest difference between them and me."
"Don't think that I am very famous in the business field now. In the future, my name will be followed by titles such as politician, military strategist, inventor, etc. in history books."
Psyche said seriously, "I will burn the history books for you then."
Frederick curled his lips and believed that she could do it.
"It's hard for merchants to stop when faced with huge profits." Frederick continued the previous topic, "I am looking forward to their performance, and I am even more willing to purchase and use them."
Seeing how confident he was, Psyche poured cold water on him: "Aren't you afraid that they will turn the table over and deny the debt?"
Frederick shrugged and said, "It's okay for me to get the money armed."
"Besides, the priest can escape but the church cannot. They dare not burn down the city wall. If that happens, I will give you a street to be your landlady."
"In fact, the most valuable thing about the Venetians is their reputation. If I can destroy their reputation and establish my own reputation with just one or two tons of gold, then it's worth it."
Psyche nodded and said with satisfaction: "You are now a mature politician."
Frederick smiled bitterly and said, "I am walking on a tightrope over an abyss. I don't know when I will fall."
"Oh, never mind. Every day I live longer is a blessing in disguise."
"Back to the matter of the Bohemian region, I'll have to trouble you to write a few more articles. Not many people here have been there."
You can't just throw money at the Bohemian region for no reason, there has to be a reasonable reason.
According to Frederick's plan, he would ask someone to publish some articles about the scenery there in newspapers, and then Maria would say she was going there for vacation, and then they would go there.
With this handle, the following things will be much easier.
Psyche pretended to be deep in thought and suddenly said, "Oh, I remember there is a river where you can find gold sand. It's about 200 kilometers away from here."
(End of this chapter)
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