Crusade against the Pope

Chapter 241: New Town Development Plan

The matter was simple, but it was also very troublesome to deal with it. Those Frank-speaking people were actually dressed in clothes that indicated they were either rich or noble.

In order to avoid trouble or retaliation, the tavern owner rolled his eyes and simply kicked Giannis and Nisa out.

Before leaving the house, Giannis was still angry, but as the cold wind blew, the effect of the alcohol began to dissipate.

Then he squatted on the street next to the tavern, wrapped in thin clothes and watched people coming and going on the dock.

If there were cigarettes now, Gillis thought, Giannis would smoke the whole thing in one breath and then start coughing.

"You see, like I told you, women are the source of trouble!"

Giannis turned to Garys and said that as a frequent visitor to the tavern, he enjoyed the most favorable discount. Although he did not lose any money, he estimated that he would not be able to find a cheap place to sleep with a bed in the short term.

Gellis nodded in agreement to this question.

As for Nisa, she felt very sorry. She also squatted on the ground, leaned her head on Giannis, and hugged Giannis' right hand with both hands. Her red face made people feel particularly pitiful.

To be honest, Gareth feels that Giannis is a bit of a takeaway.

After all, Nesa actually looks good, with flaxen hair, gray-black pupils and fair skin.

Unlike the other waitresses in the tavern, Nisa's eyes were as lively as a deer, but also slightly timid.

She is a beauty. If she dresses up well, she will be very pretty.

After thinking for a while, Gaillis asked, "How much savings do you two have now?"

"Why do you ask this?"

Giannis was puzzled.

"The current living environment within the walls of Tyre is going to be bad. It won't be long before the construction plan for a new city district begins."

"In order to fill the construction funds of the new urban area, the kingdom will issue some land bonds. These land bonds are issued with the land of the new urban area as collateral."

"In addition to the interest, this batch of bonds will provide some more benefits to the holders."

"Uh... Speak slowly, I feel a little dizzy... Well, I'm still drunk."

Giannis shook his head violently, and he subconsciously felt that Gary was talking about something very important.

So, Gellis slowly explained what bonds were, what these bonds were used for, and what benefits they would bring to the holders.

This era is too early and it is indeed very troublesome.

Historically, it was not until the 14th century that early forms of public debt appeared in Italy, such as Venice issuing government bonds to raise war funds.

It was only the end of the 12th century, and bonds were indeed a new thing.

Fortunately, although Giannis was illiterate, he was smart enough to hang out at the dock for so long that he finally understood what Garys was talking about.

"In other words, the kingdom is looking for someone to borrow money to build a new city, and those who borrow money from the kingdom, in addition to being able to get interest, will get a better deal when purchasing real estate in the new city?"

"At the same time, the funds to repay the debt also come from the sale of real estate?"

"correct."

Giannis had to admit that he was a little tempted. Considering the land price in the old city of Tyre, it was impossible for him to buy a house of his own. But if a new city appeared...

Giannis glanced at Nisa beside him. He knew that he couldn't buy much on his own, and the other party should have some savings.

"But, given the current situation, will the kingdom really not be destroyed?"

After all, even the holy city of Jerusalem had actually been conquered.

Given the current situation in the kingdom, and Tyre being the front line of the Crusades, the risk of losing this batch of bonds is imaginable. "Yes, so the interest rate of the first batch of bonds is actually quite high, perhaps 18 points for a year, and once the situation improves and becomes clear, the interest rates of subsequent bonds will not be that high."

An interest rate of 18% would be considered extremely exaggerated in later times.

But in the year 1188, that was all.

Moreover, at this juncture, those who are willing to pay for bonds and build a new city are supporting the kingdom at the risk of losing everything.

Even if you were not a die-hard supporter of the Second Kingdom before, after buying the bonds, you will definitely be in the same boat.

Since we are in the same boat, how can we not give each other preferential treatment?
After all, how can adding icing on the cake compare to providing timely help?

If those who bought the bonds do not want their bonds to become worthless pieces of paper, they will definitely need to support the kingdom more.

This has nothing to do with faith or nationality, but a bond of interest.

When it comes to naked issues of economic interests, people's true positions are actually more easily exposed.

"By the way, don't you doubt the truth of my words?"

“Anyone who can afford to drink alcoholic molasses (rum) is not an ordinary person.”

During the days he spent with Garys, Giannis had repeatedly confirmed that Garys was not an ordinary person, but today's rum meal made him realize that Garys was really rich.

You know, that bottle of wine costs at least 8 silver dirhams!

As a smart man, he never pointed out the flaws in Garys, but this also made him pay special attention to Garys.

The two young people, Yannis and Nisa, counted their savings, and together they had roughly 6 gold dinars.

This small handful of coins is their entire fortune.

Among them, Nisa has the most.

If this money was used to buy the first batch of bonds in history, it would mean an annual return of about 1 gold dinar.

Garys took his new friend back to his own residence, found a room and let the two homeless people settle down first.

As for the development of the new urban area, during the investigation process, I actually had some ideas in mind.

And now, it is indeed necessary to put it on the agenda and make preparations.

All state-owned workshops will be moved into the new urban area and production will be expanded. At the same time, hospitals, schools, police stations and fire stations will be built.

There will be modern urban planning in the true sense, laying the foundation for systematic and large-scale production.

If the old city of Tyre is an abyss that devours people, then the new city of Tyre will be part of the new heaven and new earth.

Instead of engaging in a long and arduous struggle against the city guild forces and the old aristocratic system in the old city, it would be better to start from scratch.

And when the new production model is successfully implemented, the prices in the Tyre City market will no longer be determined by the guild forces.

As for Saladin's threat, Gairis didn't take it seriously.

To be more precise, anyone who has witnessed the power of Garys and joined the cult system.

We all have visions for the future that are difficult for others to imagine.

They firmly believe that everything Gellis says will come true.

　Second update, there will be another update before 12 o'clock

　　
　
(End of this chapter)