The Demon King is unfathomable

Chapter 323 The first futures exchange in Janna Continent is online!
Payment first, delivery later, and three months later?

Saint Siss above...

Kaedson was willing to swear on the mast of the Traveler that he had never heard such a stupid idea in his life.

however--

He really underestimated people's greed and recklessness.

When he announced the resolution of the Governor's Office, the rioting crowd and the imperial soldiers who were watching the fun immediately dispersed.

What shocked him even more was what happened the next morning.

The sky over Deadwood Harbor had just begun to brighten when the entrance to the Governor's Mansion was already crowded with a bustling crowd.

Looking at the blocked gate of the Governor's Mansion, Captain Kedesun's assistant Ewen shouted loudly.

"Everyone! Please line up! Don't crowd together! No matter who arrives first or last, the price is the same! The kind and great Prince Colin assures you that everyone will have a share! Whether it's the empire's army or the empire's citizens, he will treat everyone equally!"

This statement won the applause and whistles of countless people, even though until last night these people were still cursing the supreme name in the tavern.

They could accept six silver coins for a bag of flour. After all, the windmills had been blown away by the storm, and they could understand the temporary difficulties.

What they cannot accept is being treated differently.

Why should we sell our food to others first and let the people of the empire starve?

fair!

That's all they want.

At Aiwen's loud call, everyone quickly lined up in a long queue.

The crooked team spread across the dusty street like a centipede, extending almost all the way from the gate of the Governor's Palace to the dock under construction.

Anxious businessmen, nervous captains, and anxious sailors all stood on tiptoe and looked ahead of the team, fearing that they would miss this massive and unprecedented rush to buy if they were a step late.

Not only the captains, merchants and sailors, but also some imperial soldiers joined in the fun after hearing the news.

The salaries of the imperial soldiers were not very high, but unlike the sailors who lived for the moment, they had almost no chance to spend money, and they also received extra allowances when they were on business trips.

Although most of them did not know the market price of corn in other ports, these sailors, captains and merchants who had been engaged in ocean trade for many years did know it.

And seeing as they are all queuing here, it is obvious that the price of thirty silver coins is profitable.

They didn't expect to get rich from this, they were satisfied with just enough money to buy some wine.

Because there were so many people, the office location had to be temporarily moved to the entrance of the Governor's Palace.

Several sailors from the Traveler brought a sturdy long table, and Ewen sat behind the table, busy with the quill in his hand.

He lowered his head and quickly memorized the numbers and names, then took out a piece of printed paper from a thick stack at his side, filled in the information carefully, and then stamped it with the official seal.

Each voucher has a corresponding number, and when it is registered, the transaction information and fingerprint of the original purchaser are recorded, thus preventing forgery to the greatest extent.

Even if counterfeiting occurs, the entire transaction chain can be traced back through the information of the original purchaser to confirm the source of the counterfeiting.

This is almost the same as the routine used by Colin Group to issue stocks in the primary market.

"Next person!"

Kaidesen was personally directing at the door, with beads of sweat on his forehead, and his voice was particularly loud today.

He no longer had time to think about whether these people were crazy or not. After all, even if they were crazy, the silver coins on the table were real!
"Take your money, pre-fill the form, and be quick when it's your turn!"

"Prince Colin's badge...corn trading certificate?" A fat captain stared at the piece of paper handed over by Ewen with wide eyes, "Delivery in three months? But...but can we really get the food after paying so much money?"

"Of course!" Aiwen frowned, knocking on the table solemnly and seriously, and took the time to look at him, "This is the promise of Prince Colin and the Governor's Office! If you don't believe it, you don't have to buy it."

"No, I believe it!" The fat captain hurriedly shook his head and carefully placed the heavy bag of silver coins on the table, as if afraid that the clerk would go back on his word. "I will definitely come in three months! I hope I can see my goods in the warehouse at the port!"

Ewen did not respond, but mechanically handed him the voucher, and then the staff of the Governor's Office - the sailors of the Traveler - took the money bag and sent it to the warehouse behind them.

When he received the certificate, a hint of joy flashed across the fat captain's face. He folded it carefully, put it solemnly in his arms, and left the team, protecting it carefully like a treasure.

The onlookers on the side showed envy in their eyes and talked in low voices.

"Look at old Henry. That's five hundred silver coins, and he didn't even blink!"

"Oh, that's thirty silver coins per ton of corn. I wouldn't even blink an eye at such a good deal... It's a pity that I don't have that much money."

"What good news is this? Three months! What if the corn doesn't come in time? Wouldn't it all be lost?"

"What are you afraid of? With the prince's badge, this thing is money! If it doesn't work, I can sell it to someone else!"

There was a lot of talk among the crowd and there was a commotion in the team.

Those who had just received the transaction vouchers were ecstatic, while those in the queue became increasingly anxious, constantly craning their necks to look forward, fearing that the items would be sold out by the time it was their turn.

Soon, another businessman in a gorgeous satin coat came to the table. His attendant was holding a heavy cash box in his hand, which he opened with a "bang" on the table. The box was full of shining gold coins.

This scene immediately shocked everyone around.

Ewen and Kaidesen were also stunned for a moment, and it took them a long time to come back to their senses.

The latter winked at the former, who immediately forced a smile and spoke stutteringly.

"Sir, how much do you want to buy?"

"Five hundred gold coins in total, count them." The merchant said lightly, and the followers behind him stood with their hands hanging down, as if this was not a large number.

Suddenly, a cry of surprise came from behind the team.

"Oh my god, is this guy crazy?"

"You are ignorant. This is called investment! Even if I start planting corn fields in the New World now, the harvest will be six months later! He only needs to transport the goods to a port with huge demand within three months after receiving them, and he can immediately double his profit!"

"I heard that in Port Klar, the price of a ton of corn has soared to fifty silver coins! And they only accept silver and gold coins, and refuse copper coins!"

"Damn it, this profiteer is going to get rich!"

"But...what if the Governor's Office can't provide it by then?"

"Then we have to question the quality of the Purple Moon Emblem, but I think Prince Colin is a man who values ​​honor, so this kind of thing shouldn't happen! And... why did the Empire's navy spend so much effort to build a port here? Use your brain to think about it!"

"So that's it..."

"I have to find a way to transfer some funds from the Anchorton Colony!"

"Damn it! There's not even a post office in this damn place!"

Anxiety spread quickly among the crowd like a plague. Some people who didn't bring enough money were sweating profusely and began to look for people to borrow money. The scene was in chaos.

At this moment, not far outside the Governor's Mansion, Teach was standing there.

He crossed his arms over his chest, looking at the crowd busy like ants, with a smug smile on his lips and his eyes deep and satisfied.

Six silver coins a bag of flour could not squeeze them dry, but now they should be completely squeezed dry.

The construction site will probably be crowded tomorrow.

It’s not even just the construction site!
The same goes for the ports that are under construction!
Although there was no post office in Deadwood Harbor, those resourceful merchants always found ways to spread the news to other ports in the New World, whether by carrier pigeons or by bribing the imperial soldiers.

Soon, there will be everything here.

Just as Teach was imagining the bright future of this territory, Captain Kedesen trotted to his side and spoke in a nervous voice.

"Baron, we have sold 50,000 tons... Are you sure His Highness Colin has that much corn?"

That’s 50,000 tons of corn!

The total value is 1.5 million silver coins!

The average income of an imperial worker was only two to three thousand copper coins, equivalent to twenty to thirty silver coins!

Thinking of the silver coins piled up in the treasury of the Governor's Palace and the promise that he was not sure whether it could be fulfilled, every piece of flesh in his body trembled.

Especially since the money does not only come from sailors, captains, and merchants, but also from imperial soldiers from Fort Saint-Il!
General Hamelton only forbade them to gamble while working, but he did not forbid them to invest while working…

He didn't want to walk down the street and get shot in the back!

"Don't worry, it's only 1.5 million silver coins." When he said this, Teach paused for a moment and continued, "As for the corn, you don't have to worry. His Highness Colin and I have covered it. You don't have to worry about it within 100,000 tons. If they want to buy it, just give it to them."

Captain Keldson swallowed.

"What if... it exceeds 100,000 tons?"

Teach shrugged. "If they're sold out in three months, then we'll sell them in four months... and so on."

When he heard this, Kaidesen was completely stunned.

Saint Siss above...

Is this okay? !

Kaidesen felt that his three views were challenged.

But before long, he realized that it was too early for him to be confused, and even more incredible things were yet to come.

In the evening, as the night bell rang, the long line in front of the Governor's Mansion finally dispersed, leaving only Ewen, with a sore arm, squatting on the wooden steps in front of the door, while a diligent sailor helped him massage his right hand that was almost broken.

Actually, he wanted to find a girl.

But unfortunately, human girls in Deadwood Harbor are as rare as female lizards.

"Hiss... Be gentle! Do you think I'm a bolt on a steam boiler? You're almost breaking my fucking hand!"

"Sorry, Lord Ewen." The sailor boy replied nervously.

Lord Ewing.

What a wonderful name.

Looking at the sailor who was serving him with his head lowered, Ewen's eyebrows couldn't help but raise, and the corners of his mouth that were originally drooping also smoothed unconsciously. He snorted and stopped talking.

This is probably the first time.

He saw the respect from the bottom of his heart in the eyes of his subordinates...

At the same time, on the other side, inside the Governor's Mansion with its doors tightly closed, the spacious hall was already filled with stacked wooden boxes.

These wooden boxes were filled with silver and gold coins, and under the candlelight, they emitted charming light and shadows like waves.

Looking at this mountain of wealth, Captain Kedesan's cheeks flushed and his hands trembled with excitement.

He grabbed a handful of gold coins, letting them jingle between his fingers, and turned excitedly to Baron Teach beside him.

"By the grace of Saint Siss... I've never seen so much money!"

Not to mention that Kedesen has never seen it, Teach has never seen it either.

It was precisely because of his fantasy of getting rich overnight that he sold all his property to buy a ship to go to sea, and then lost all his fortune in the colony.

If he had so much money, why would he go out to sea...

After coughing loudly, Tiqi suppressed the excitement that was about to overflow from his face, walked up to him, patted Kaedson on the shoulder, and spoke earnestly.

"Keep calm...my friend, this is just the beginning."

"It's just the beginning?!" Kaidsen was stunned. He looked up at Teach in confusion: "My Lord Baron, I don't understand... Is there anything more worthy of joy than this?"

Two million silver coins plus nearly seven thousand gold coins, they have sold all the corn for this time next year at once!

To be honest, if those guys hadn't taken out the money on their own initiative, he wouldn't have known that these seemingly down-and-out "poor people" actually had such a rich fortune!
But this is basically the limit.

Even if the Governor's Office in Deadwood Port could still sell corn next year, these drained sailors and merchants would have no money to continue buying it.

and--

Who could have predicted the situation at that time?

No matter how far-reaching the impact of the storm is, it will not affect the year after next. Who knows, by then the price of corn may have returned to normal!
It might even be cheaper than normal!

Kaidesen could clearly feel that when it came to selling the "vouchers" to be delivered next year, those who were still waiting and watching were obviously hesitant.

Looking at the confused Kedesen, Teach, who had learned the true skills from Prince Colin, smiled mysteriously and spoke slowly.

"You have a narrow vision. You only see the money in front of you, but ignore the gold mine hidden under the pile of gold coins! Why are we selling these certificates? Are we going to harvest the residents of Deadwood Port? The money in their pockets is ours!"

It was originally ours...

If this word gets out, I'm afraid I'll be beaten to death!
Kaidsen swallowed and continued nervously.

"what do you mean……"

"It's very simple," Teach explained calmly, "...I want you to set up a futures exchange right across from the Governor's Palace!"

Although the Demon King told him that things had developed to this point, even if they did nothing, the exchange would eventually appear.

but……

Since he had seen the script in advance, why should he give this gold mine to others?

Of course you have to hold it in your own hands!
"Futures...Exchange?" Kaidsen repeated the unfamiliar word with a bewildered look on his face. "I'm sorry, Baron, I don't quite understand what you mean."

Tiqi seemed to have anticipated his reaction and explained patiently.

"Remember those trading certificates we sold? That thing now has a formal name, called 'futures'. Although they are not corn, they are also a kind of goods, goods delivered at a specific time... and since they are goods, they can naturally be resold to others."

After all, he is the one who can become the captain. Upon hearing this, Kaidsen immediately understood and excitement gradually lit up in his eyes.

"You mean, they don't have to wait three months to leave here with the corn, but can sell the paper in their hands to other people in need now?"

Tikki smiled and nodded.

"That's right. Who can predict what will happen three months later? Even if we deliver the corn to the warehouse, there is no guarantee that our customers will not be able to drive the cargo ship to the port at the agreed time. At this time, we have to allow them to sell the certificates to other people who just need them... At the same time, speculators who try to resell the certificates to earn the difference will also participate in pushing up the prices of these futures."

Kaidesen had understood everything, but there were still some details that he didn't quite understand.

"But...what good will this do us? We have already sold those 'futures' you mentioned to those merchants."

Teach laughed, as if he heard something very stupid.

"Benefits? That's huge! It includes transaction fees, pre-deposited transaction funds, and even... our own people can trade, sell at a higher price, and buy back at a lower price."

This is just the first step!
It is impossible for such a huge continent like Janna to produce only corn. Soon, the colonists will set foot on the leeks in Deadwood Port - oh no, they will find that everything can be traded!

Then they will set up newspapers and manipulate the market through news, eventually leveraging the entire vast ocean's trade territory and joining forces with the vested interests of the empire to reap the wealth of the entire New World!

And all this will be done in the name of the Empire!
of course.

Whether it is the futures exchange in Deadwood Port or the stocks of Colin Group, they are just part of the Demon King’s grand plan.

There is no need for a "little man" like Governor Kaedsen to unfold the entire blueprint... Besides, what he knows is just the tip of the iceberg.

Looking at the smiling Titch, there was only complete admiration on Kaedson's face. After a long time, he sighed sincerely.

"By the grace of Saint Sith... this is a genius idea!"

For a moment, he even felt that there was a devil living in the shadow of the baron in front of him - and the flickering candle on the candlestick was its eyes.

"It seems that you have understood. I am relieved." Looking at Saturday who finally understood everything, Teach nodded with satisfaction and continued with a smile.

"Now, I have one more thing I need you to do."

Kaidesen, full of admiration, nodded respectfully.

"Please give me your orders!"

Teach glanced around at the cash boxes and spoke slowly.

"It's not safe to keep so much money in the Governor's Mansion, and... there's no point in leaving it in this godforsaken place except watching it rot. We have to spend it so that it can turn into more money and come back to us."

After a pause, he looked at Kaidesen and continued to give orders.

"You will arrange for a few trusted sailors to work with my confidants to transport all the money to the Purple Moon cargo ship docked at the port at around 3 a.m. Remember to cover the boxes with a few stinky fish in advance so that everyone in the port doesn't know that their money is no longer in this house."

It was a hybrid sailing ship with a cargo capacity of 900 tons.

Half a month ago, he bought the ship cheaply from a bankrupt captain, spending less than nine thousand silver coins in total.

His Majesty's servants quickly replaced the sailboat's steam boiler and renovated the damaged decks and cabins while re-masting.

The entire sailboat was instantly renovated and looked even better than before the shipwreck.

When General Hamelton returns to Fort Saint-Il, they will also go out to sea on the Purple Moon steamship to accompany His Royal Highness Prince Colin on a visit to the holy city of the empire!

The Demon King who set foot on the Holy City...

This is probably the first time since the Demon King's identity came into being.

(End of this chapter)