When the Saint comes, she does not collect food

Chapter 705: Defending the 20 Dinars
Early in the morning of December 1447, 12 in the Imperial Calendar.

Majoor tucked a new issue of "The Mast" under his arm and walked into the tea restaurant next to the Brand City Exchange.

As soon as he sat down, a familiar waiter next to him skillfully handed him a cup of black tea and an exchange form.

Majoor was in no hurry to look. He leaned back on the velvet cushioned seat and looked out through the expensive glass pane.

The exchange, which was converted from a knight's castle, stood among the low-rise street houses, and beggars in groups of three or four huddled in the corners.

The "T"-shaped three-way intersection in front of the exchange was quiet, with rows of roadside trees swaying their branches.

The sea breeze blew off the leaves, and the bare branches swayed as if in tribute to Majoor.

Sure enough, he was the first one to arrive.

Although it made no difference whether one arrived early or late before the stock exchange opened, Majoor was still proud of his diligence.

Other oligarchs and big family heads often sleep until noon, but he comes here at five o'clock every day to get information.

Have you ever seen the Branded City at five in the morning?
This kind of diligence is the biggest reason why the father and son of Majoor were able to transform from bankrupt barons to today's business oligarchs.

From the acquisition of the first sugar-making workshop to the current largest sugar monopoly in Brand City, it has experienced so much blood and gore.

Perhaps Majoor can now say that he was just a little bit weathered, but how many mass graves were there where his contemporaries were buried?

Of course, this is also due to the solidarity of the old people of Windmill Landia. Without the support of His Majesty the King, how could they have the market they have today?

You know, the reason why people like Majol were able to become oligarchs was mainly by selling sugar to the Kingdom of Leia.

Otherwise, where would such a large market share come from?
The price was that a group of business nobles such as Majoor had to use money to control the city council and city hall, forcing them to share Leia's business taxes and pay the city redemption fee on time.

After taking a sip of black tea, Majuer showed an elegant smile on his face: "Waiter, come here, change this gold pound into dinars and give them to those beggars.

The New Year's Day is coming soon, and I don't want to see anyone starve to death at this time."

"You are so kind."

After exchanging the gold pounds for a bag of dinars, Majoor felt proud as he watched the waiter leave.

He was generous with his charity, which did much for his reputation and position in Parliament.

His eyes followed the waiter as he walked out the door and approached the beggars;

It was only around five o'clock, but more than a dozen carriages were rushing towards us, and the horses in the last carriage were about to stick their heads into the wheels of the first carriage.

More than a dozen horse-drawn carriages drifted collectively in front of the stock exchange. Before they even stopped, disheveled brokers jumped out of the carriages like dumplings.

Some of them fell, some sprained their ankles, but they still rushed towards the exchange with determination and panic.

What's going on here?
Majoor brought the teacup to his mouth, but his attention was attracted by the scene and he was reluctant to drink it.

After the carriage entered first, the chaotic and rumbling footsteps could be heard at the street corner.

Like a flood bypassing a mountain pass, thousands of citizens like a muddy flood appeared in Majoor's sight.

They scrambled and pushed, knees against knees, foreheads knocking against each other, sweat running from one person's neck to another's arm.

The noisy sound was as if there were dozens of bands beating drums and gongs in my ears. Speculators dressed in coarse linen clothes, woolen shirts, and feather brocade were screaming and holding the contracts and agreements in their hands tightly.

Looking at the two long lines of people running from both sides of the street, Majoor's expression gradually became solemn.

If it was just a few agents, it could be said to be a small fluctuation, but now there are so many people, it must be a big storm.

Especially when he saw the head of the Forier family was among them, he was so shocked that he stood up.

Picking up the napkin on his lap and wiping his mouth roughly, Majoor threw a gold pound on the table, turned around and trotted towards the door.

As soon as he reached the door, he saw his agent who had just arrived. He immediately grabbed his collar and asked, "What's going on?"

"Mr. Majoor, something big has happened. Yesterday, 29 dan of refined sugar landed in Dam City, and the opening price has fallen to dinars..."

The moment he heard "48,000 dan of refined white sugar landed", Majoor could not hear a word of the following words.

The blood color on his face gradually faded, leaving only paleness. Majoor was a big oligarch, and his losses were much more terrible than Van Meer's.

Not to mention the sugar stored in the warehouse, the futures contracts in the current market are enough to make him lose tens of thousands of gold pounds.

Forty-eight thousand dan of sugar is equivalent to the annual output of the Windmill Market. In order to maintain the price of sugar, the oligarchs need to spend millions of gold pounds to purchase it.

This is millions of pounds!
The Leia royal family only earns a few million gold pounds a year?
But even if they could raise millions of dollars in liquid funds, it would be too late to stop the trend of sugar prices losing money.

The price of sugar will drop by as much as 40%!
By then, the capital chain will be broken, the workshops and docks will not be able to start operations, and they will be forcibly expropriated.

What Majoor fears most is not this. The influx of these low-priced white sugars will definitely occupy the market share of local sugar mills.

These sugar mills are the source of Majoor's wealth.

If you lose in futures trading, you lose. You will just have to live a tight life for a few days.

If his share of the sugar market is taken away, he will be reduced to his original form.

His sugar workshop uses the most advanced drip method to make sugar, but the monthly output is less than 20 dan.

How did they produce 48,000 dan of sugar?
"This is malicious dumping, this is malicious dumping!" Majoor roared, his hands trembling, and he could hardly stand. "Let's go to the city hall and ask the court to make a ruling."

"Mr. Majoor, let's cut our losses quickly to reduce our losses." The agent was so anxious that he couldn't even finish his words. "This batch of sugar is distributed by the Ayr Chamber of Commerce. How can the judge speak for us?"

Majuel immediately realized that this was a trap set by those El people!
Grasping the agent's wrist tightly, Majoor ordered fiercely: "Go and buy back the contracts, the sooner the better, the more the better. Ask someone to watch over the dock, and I will go find other families."

Although his expression was firm, his teeth kept knocking against each other as he spoke.

…………

When more than a dozen bodies were found jumping from the bell tower of Dam City, the year-end sugar market in Fengchedi officially opened.

In three days, the oligarchs worked hard to stabilize the price of sugar at around 28 dinars.

But the merchants from Ai'er are not vegetarians either.

In this sugar war, the Aiel people targeted the oligarchs' warehouses, docks and workshops.

From the fourth day, the nobles of the Aiel people and Red Leaf Hill officially entered.

People in the exchange were flowing back and forth, crying and screaming, the noisy sounds mixed together, and no one could hear whether buying or selling.

Brokers wailed, "Don't be afraid, it's just a technical adjustment," but the price of sugar continued to fall at a rate of almost half a dinar per hour.

In the Mast, the Stormwind family published public articles for several consecutive days, calling on citizens to defend the price of sugar, to fight a battle to defend 20 dinars, and to stick to the bottom line of 20 dinars.

It was a pity that just one day into the defense of 20 dinars, the Stormwind family suddenly took three large ships of gold and silver and went to France.

The price of sugar immediately plummeted.

The day after the price of sugar fell below 20 dinars, many corpses in luxurious clothes appeared under the clock tower.

However, this was not what the sugar workshop owners and speculators feared the most, because what frightened them the most was a piece of news from a merchant.

At the Honeysuckle Port in the Kingdom of France, five merchant ships flying the flag of the Thousand Valley Trading Company were seen setting sail.

Most speculators' September contracts are settled at the end of the year. If five ships of sugar arrive at this time, everyone will be finished.

In the exchange where rumors were flying all over the place, panic was growing wildly, so they once again thought of the rational newspaper "Yi Lin" which was "related" to Qianhe Valley.

The Yilin newspaper office, which was previously deserted, has become the second most lively place in Shuiba City.

People gathered in front of the three-story building. Those who came early and had money could even reserve a seat in the tea restaurant, but those who came late could only squat under the eaves.

It’s a pity that the door of Yilin newspaper was locked.

The only news the concierge could give was that the printing house had been set on fire and it would be difficult to publish the book before it was repaired.

Those waiting for the newspaper office to open had only one thought in their minds: where on earth had Ruffield gone?
(End of this chapter)