Mage Joan

Chapter 2738: Standalone bond

As early as before the independent bond sale, major underwriters had already launched a massive publicity campaign, using cloud networks and cloud network-based radios, TV receivers and other media terminals to advertise overwhelmingly.

Obviously it is to sell bonds, but the advertisement is written impassioned and upright. The copywriting style is completely imitating the "Declaration of Independence", using the New World War of Independence as a gimmick, advocating against the imperialist colonial war, and calling on investors to generously donate. Support the independence revolution being staged vigorously in the New World and contribute to the cause of justice.

Even Qiao An, who understands the inside story of independent bonds and knows how much water is here, after seeing the "independent bonds" ad copy pushed by the cloud network, can not help being aroused by the same hatred of the enemy, and bought 100 jin tal in one breath. Independent bonds!

In fact, Qiao An knew in his heart that even if the Continental Army finally won the War of Independence, the weak Continental Congress might not be able to repay the principal and interest of the bonds on time. The bonds he bought for 1 million may eventually become a bunch of rubbish. All too hard waste paper.

However, with his current wealth, losing all this investment will not hurt his muscles and bones. Buying bonds is not greedy for profit, but simply wants to make a little contribution to the cause of freedom for the people of the motherland.

His Majesty the emperor of the Far East was not very concerned about supporting the independent revolution in the New World. Old man Franklin had been camping in Colasburg for so long, and he could not persuade the Far East government to recognize his status as a diplomatic envoy, let alone raise money to provide gun support. army.

However, this stalemate turned around with the arrival of David Kaufman.

His Majesty Roland changed his previous indifference and showed an unusually strong interest in the debt issuance mission undertaken by Mr. Kaufman. Not only did he instruct domestic financial institutions to facilitate the issuance of independent bonds, but he also personally managed it during his busy schedule. Go into battle, help the bond underwriting team plan publicity and write advertising copy.

Soon afterwards, large-scale advertising posters promoting independent bonds have sprung up on landmark buildings in capitals such as Patos, Bangsar Watt, and the Holy City of Assan, from Kolas fort to Bethlehem.

In the center of the poster, an artistic bust of a revolutionary from the New World is depicted, wearing a top hat, high nose and deep eyes, with stern and fanatical eyes, and the audience outside the screen with fingers seems to be shouting revolutionary slogans.

At the bottom of the screen, there is also an advertisement:

"Buy independent bonds and become our'father of the nation'!"

"Not everyone has the opportunity to sign the Declaration of Independence, but everyone can buy independent bonds!"

Good guys! This wave is the "father of the country" wholesale, jumping off the building to sell, you can't miss the opportunity, and the loss will never come!

By buying a set of independent bonds, you have the opportunity to become the spiritual "dad" of all citizens of the Republic of Wilnoa and their descendants. Even if it's just for the addiction of being a father, it's worth buying a set of bonds!

After such a huge marketing hype, coupled with the 6% annual interest rate is indeed quite attractive, it has successfully set off an upsurge of buying "independent bonds" in the secondary market, even in the Kingdom of Feizhen. The speculators who bought “independent bonds” by “cloud network” completely ignored that doing so was tantamount to supporting the revolutionaries of the New World in disguise, so that the Cabinet Prime Minister Lord North could not help but complain to King George III:

"Profit-only speculators all over the world are gathering under the banner of the Emperor of the Far East to join forces against our government!"

Judging from the market situation, independent bonds are selling very prosperously. The Continental Congress and the Continental Army have received 100 million quintal loans from the issuance of the bonds, and they have money in their pockets. Regardless of how the debt will be repaid in the future, is it right? Will get better?

Qiao Ann thought that at first.

However, after inquiring about the issue of the debt from Mr. Kaufman and the old man Franklin, he realized that he was still too young to think too simple.

In fact, the 100 million funds raised by the issuance of bonds seem to be a huge sum of money, but the cash that the Continental Congress can get is pitiful.

According to the bond underwriting contract signed at the time, more than 70% of the loan must be used to purchase bulk materials such as guns, bedding and military rations produced in the Far East.

In other words, the vast majority of this money will not leave the Far East at all, and will be transferred to the accounts of major military suppliers after leaving the exchange, and will be directly internally digested.

It wasn't until this time that Qiao An suddenly realized why His Majesty Roland was so concerned about helping the Continental Congress issue war bonds.

The reason is actually very simple, because it is profitable.

Looking back afterwards, it is not difficult to find that His Majesty and his brainstorm team first raised a large sum of money from investors from all over the world through underwriting and selling independent bonds.

Then use this money to place orders for domestic factories that are in the throes of transformation, and timely give blood transfusions to these struggling companies, so as to help the revolutionaries of the New World and solve the hidden dangers of excess industrial capacity in the Far East and fight for the transformation of the national economy. It is a precious buffer period, hoping that the Far East economy will finally achieve a smooth "soft landing".

This wave of left-handed and right-handed, dazzling riotous operations can be called the iron fist of financial capitalism against the new world that is still in the pre-industrial era in dimensionality reduction!

Or in the words of His Majesty the Emperor himself, this is called "win-win".

When it is midwinter, the climate in the northern part of the New World is not much warmer than that in the Far East. In such a cold season, both sides of the war are forced to succumb to the war and retreat to rest.

Fei's genuine regular army, with sufficient logistical supplies, can wear warm sleeping coats and train in the barracks with peace of mind. However, the 40,000 soldiers of the army who stationed in the Forge Valley have not yet found their warm clothing, and have to endure the torture of wind, snow and severe cold.

In the long run, the lower-level officers and soldiers of the Continental Army, let alone guaranteeing combat effectiveness, will find it difficult to survive this harsh winter.

It is against this background that Mr. Kaufman responded to the repeated urging of General Vassar and used the funds obtained from the issuance of bonds to purchase a large number of warm quilts. The top priority is how to quickly and safely deliver this batch of materials to the Forge Valley.

Generally speaking, the cost of shipping bulk materials by sea is the lowest.

The problem is that the east coast of Wilnoa is now blocked by General William Howe's fleet.

The Far East Army is recognized as number one in the world, and its air force construction is also among the best in all countries. In contrast, the strength of the navy appears to be relatively mediocre. The fleet is tough?

I dare not do this.

At least at this time in 1627, the Far East Navy did not have the confidence to challenge the Fijian Royal Fleet head-on.

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