industrial lord

Chapter 717 What will be the attitude?
The sun sets, smoke rises, and the aroma of rice wafts into the air.

On the street, several children gathered together. One of them held a new toy in one hand and kept spinning the propeller with one hand. After counting 100 circles, he posed and threw it towards a deserted place in the distance.

The slime rope began to release elastic potential energy, driving the propeller to rotate rapidly, dragging the wooden plane forward.

The children laughed and jumped excitedly, counting how many doors the little plane flew through.

When it falls to the ground, the next child immediately runs over to pick it up.

A door opened on the street and an auntie shouted, "Come back for dinner!"

One child heard his mother's voice and turned around and said, "It will be my turn soon. I will go back after I finish flying!"

This is an incredible toy from the Principality of Weshen. It is said to be very expensive. Everyone used their pocket money to buy a can of canned oranges before letting the little owner take it out and play with it.

The aunt didn't care about that. Eating was the most important thing. She said angrily, "If you don't come back, I'll close the shop. Don't blame me if the devil Wesson takes you away and eats you tonight!"

The child shrank his neck, saw the little plane flying away again, gritted his teeth, and finally turned around and went home.

"what!"

As soon as he turned around, he heard his friends exclaiming.

When the small plane flew over the intersection, a carriage came by and the plane landed right under the wheels, making a crisp sound.

The owner of the small plane suddenly burst into tears.

A young girl ran out from a nearby house and saw the luxuriously decorated carriage with Baron Boch's coat of arms on the door. She could only comfort her brother.

The carriage had stopped and Frederick picked up the wreckage from behind the wheel, carefully examining the damage.

The fuselage of this toy airplane is a hollow square tube made of hard plastic, which was crushed by the wheels. The wings are hard plastic frames wrapped with greenhouse film. The frame of one wing tip was also shattered and it looks like it is beyond saving.

Frederick walked towards the howling child with the wreckage of the plane and was about to pay compensation. When he saw the girl next to him, his eyes narrowed slightly. After giving his address, he said, "I will help you fix it. Come to my place tomorrow morning."

After he finished speaking, he turned around and left, got on the carriage and continued on his way.

When he got into the car, Baron Boch frowned slightly and said, "I seem to have seen that girl somewhere, or her mother."

Frederick just smiled and didn't say anything, letting Bellburk wrap up the broken parts with a handkerchief.

Baron Boch did not continue this conversation, thinking that the young man was kind-hearted, and continued the previous topic: "So, you still insist on your opinion from yesterday afternoon, that Grand Duke Weisen will resort to force over the debt?"

The hottest topic among the upper echelons of Ujazdov Castle recently is that Grand Duke Wessen’s steward will come in a few days to discuss the debt issue.

An official in the palace said that it would be difficult for the royal family to repay the money, implying that they would have to borrow money from a group of merchants. Merchants like Baron Boch, who relied on the royal power, were naturally the first ones to be considered.

It is not a problem for him to borrow money from the royal family. He can then sell the bonds to other merchants at a slightly lower price, and others can also resell them at different levels.

Bond trading must take into account many political factors, among which the tough attitude of the Duchy of Wessen is a key point.

The merchants held many parties for this purpose. Some of them had been to the Duchy of Wessen, some brought people who had been to the Duchy of Wessen, and some even brought Wessen people with them.

Some Wessen people doubted Frederick's identity, but the doubts disappeared after he enthusiastically recommended garlic beer.

Baron Boch was engaged in domestic salt business and rarely had any contact with import and export business. The only person he knew who had been to the Principality of Wessen was Baron Zinedine Zidane, so he invited him to attend various gatherings as his advisor. Many people believed that the Grand Duke of Wessen would not use force for such a small amount of money. In theory, the military strength of the Piast Kingdom was still very strong, and he could not kill everyone.

But Frederick disagreed.

"I know something about the business theory of Grand Duke Wessen," Frederick once again said to Baron Boch. "Grand Duke Wessen attaches great importance to business. Debt is an integral part of business, and he has issued a series of laws for this."

"As an artist, I could also get involved in this kind of dispute, so I paid for a legal interpretation class offered by a lawyer."

"In the Duchy of Wessen, a certain degree of aggressive debt collection is allowed. After the court rules that a debt is established, the creditor can hang banners in front of the debtor's residence or workplace. The number, size, and content of the banners are regulated differently according to the amount of the debt."

"Business activities are very reputation-based. If the current business reputation of Grand Duke Weishen is also affected by debts not being repaid, it will cause a serious blow to the business activities of the Principality of Weishen. This will damage the foundation, and the losses caused by this will be greater than armed debt collection."

"Of course, sending out the army to collect debts is the worst-case scenario."

"In some cases, Grand Duke Wessen may confiscate the funds and materials of the royal merchants to pay off their debts."

Baron Boch thought for a moment and said, "In your opinion, Grand Duke Wessen will definitely take tough measures to recover this debt."

Frederick nodded and said, "Yes, and we want you to get back the principal and interest without any compromise. This is not just a debt issue."

"It just occurred to me that there are many people from the Duchy of Wessen doing business abroad, and they will also face debt problems, so Grand Duke Wessen is likely to use this incident as an example."

"Just like the trade war, after this war, no force has ever imposed high taxes on the caravans related to the Principality of Weisen."

Baron Boch thought what he said made sense and said so at tonight's dinner.

Frederick finally said: "Of course, Grand Duke Wessen is still very reasonable. As long as the king pays back the money happily, he will definitely not put up any more obstacles."

Baron Boch nodded and had an idea in mind.

If the Duchy of Wessen aggressively demands repayment, the royal family, anxious to repay the debt, will raise the interest rates on the bonds to stimulate merchants to buy.

If the interest rate is high enough, the bond business will have a good return.

On the contrary, if Grand Duke Wesson did not attach so much importance to this debt and made it long-term, he might not need to issue bonds to repay the debt every year.

At the banquet that evening, Baron Boch repeated Frederick's analysis, and Frederick himself took charge of the detailed discussion.

By the end of the banquet, most people accepted Frederick's point of view, while the minority, although not quite accepting it, could not find any reason to refute it.

Back home, Frederick took a shower and repaired the toy airplane in the study.

Nowadays, simple airplanes are used to transport mail, so there is no need to keep it secret. Why not make money with extremely simple airplane toys? I heard that some people really believe that the airplanes of the Principality of Wessen are powered by a lot of rubber ropes.

The main broken parts of this toy are the hard plastic structure. With Frederick's magic level, heating and melting it would only take a few minutes.

Belle Burke brought a cup of hot milk tea and placed it on the table, saying, "Does that woman look familiar to you, too?"

Without even looking up, Frederick said, "We'll know tomorrow if we ask around."

(End of this chapter)