However, when Erjin had just returned to Hong Kong, he heard another news. Guangzhou did not say that even Xin ‘an City was recovered by the Qing army. When Zhu Jinglun recovered Xin ‘an, Erjin was still in the south ship. He knew that Xin ‘an was attacked by Simami Geli and others. In fact, the news was that the south came and planned to replace Guangzhou with this county. When the Qing government paid the indemnity mortgage.
Now there is no Guangzhou in hand, not to mention the loss of Xin ‘an, which makes Erjin have a headache. What’s more, Grant, Simi Mi Ge Li and Governor Bao Ling are arguing, hoping to restore peace and trade as soon as possible. The two generals hope that Erjin will ask for a batch of reinforcements from India, and they will continue to fight not only Xin ‘an but also Guangzhou.
The problem of these prisoners has not been solved, so these military and political officials have some leisure to pay attention to the fluctuation of the market draft at this time
At this time, the news that Fangshan was released by the Wu family has already had an impact on the market. Those foreign companies that have been doing bill business with the Wu shopkeeper suddenly realized that the Wu family was killed to sell the bill some time ago, but they don’t believe that the East India Company was really dissolved by the British government. We have to wait and see, but we have quietly made moves.
It is not only those ocean banks that are involved in this storm, but also a larger number of China businessmen. These people are even less familiar with the East India Company. Many of them have never been exposed to the draft before. It is because of this reselling that they have squeezed into this business. As a result, many people have put a lot of money in their hands and received the draft from channels. Their trust in the East India Company is not as superstitious as those of British businessmen, Portuguese businessmen and French businessmen, so they are the first to ship.
The bill of exchange first flowed into the agency of the East India Company, and many people asked for discount and payment. At this time, the East India Company has not received the news of its dissolution, and there is no reason to refuse the discount office. There is always silver being paid out at face value, but where can they support this massive silver discount? You know, at this time, many serious businessmen who were not involved in the bill of exchange also asked for discount for safety. This panic run made the East India Company’s treasury quickly.
Can play the stop-payment card and tell their customers that they will transfer a batch of cash from India soon, and they can discount it for a month and a half at most.
The East India Company has caused more panic. The spontaneous discount rate in the market has fallen to below 70%, but it is still far from Zhu Jinglun’s decision. So they can’t buy everything on a large scale for the time being. It depends on whether the East India Company, a big banker, can transfer a batch of cash from India as soon as possible. Now Zhu Jinglun is actually gambling with the East India Company.
But unfortunately, the silver ship of the East India Company hasn’t come to London yet. The news has come.
In May 15, the British Parliament passed a bill to cancel the East India Company.
It was this news that arrived in Hong Kong in mid-November after three months in the sea.
As the market has long since the East India Company was dissolved, the true news that the company’s draft was abolished and the false news, although one of the two true and false news was confirmed, the other was naturally believed by the market, and the storm and waves were set off.
At this time, it was time for the banker to slaughter. The price of the draft changed three times a day, and on the first day, 70% of the face value plummeted to 60% on the second day. On the third day, it was almost 50%. On the fourth day, it continued to plummet again and again. On the fifth day, the bills in the Hong Kong market almost became waste paper, and the East India Company could not find a buyer. Despite the rumors of the British Hong Kong government, angry businessmen threw the bills at the governor’s desk, but they could not cash them. When the governor failed to cash them, no one
At this time, a stream quietly formed in Hong Kong and Macao, and refined merchants found that there were still channels for selling bills of exchange in Macao. Finally, some people were buying these bills with cash, although the price was very low, there were still panic businessmen who kept selling them, especially those who were short of cash or held too many bills of exchange and needed to hedge.
In this way, a lot of people are counting. During this period, many businessmen did not take the cash out of the East India Company, so they squeezed a large amount of money orders remitted from London. Some businessmen also sold the materials and put the cash into the account of the East India Company. At this time, they could not help but worry that after returning to London, the money orders would become waste paper. Everyone was selling, whether it was a money order remitted to London or a money order remitted to China. In the short term, the price of drastic measures was that the price dropped to 30% of the face value after the fifth day.
However, this price did not last long, because the Macao market was too strong to absorb the draft, and its appetite was almost limited. Of course, the price was low enough before it flowed into the Macao market. Through various channels, the small shops and shops eventually became ready-made silver dollars or ingots.
Zhu Jinglun can receive some news from Macao from time to time. The Wu family told Zhu Jinglun that he had bought hundreds of thousands of two bills of exchange at a low price, and the Wu family was very worried about whether the bill of exchange would really be abolished or whether it would be recycled at a reduced price. Zhu Jinglun did mistakenly tell them that the British government would definitely guarantee the bill of exchange in the end so that they could buy it with confidence.
Fangshan is also very worried about Macao’s request for Zhu Jinglun to let him sit in the town again. He is not at ease with the Wu family.
"Don’t worry, they will give me a beautiful account in the end. Just check the account then."
In Fangshan’s view, it means that Zhu Jinglun has made a loss in this business, but it is very pleasant to make money. How to say it is a great achievement, not just a test. He is very interested in helping Zhu Jinglun make a lot of money, even if the money is borrowed from the Wu family, but it still can’t stop him from not believing in the Wu family.
"What if the Wu family made false accounts?"
Fangshan asked some concerns.
Zhu Jinglun laughed. "They don’t know how to do long-term business with the Wu family. Do you think they will earn less than me?"
Fangshan sighed, "This is cheaper for them."
The news is that Zhu Jinglun Fangshan thinks that the Wu family got a lift. He also believes that once he gets reliable news from Zhu Jinglun, the Wu family will never watch Zhu Jinglun eat alone, and he will definitely join in. He is angry at the thought of Wu Chongyao’s reluctance to borrow money. One thing is that the Wu family did not hesitate to borrow money, which made him feel that these businessmen are too powerful in judging people.
Zhu Jinglun laughed and said, "Without the Wu family, you can establish such a channel for buying and selling bills in Macao. Without the Wu family, you can’t release false news in the market. It can be said that the Wu family has paid more than silver this time, but also their reputation for operating for a hundred years."
Reputation is a terrible thing, especially the reputation of these business giants is real money. Once it is realized, it is really Jinshan Yinshan who runs Jardine Matheson. Of course, there is this kind of gold. Generally speaking, they don’t know that if it is realized, Goldman Sachs will be good at it. They can make the market several times. Generally, it is not worth saying that a beautiful record of Greece joining the European Union is given by Goldman Sachs, but after Greece joined the European Union, Goldman Sachs was the first to buy 100 million euros of Greek debt insurance. When Greek debt went bankrupt, Goldman Sachs made a big profit.
Fangshan also said that Zhu Jinglun gave a hand.
"You don’t have to go to Macau. Go to Hong Kong. I heard that Erjin is back!"
Zhu Jinglun has never taken the initiative to link up with Hong Kong before. It’s not that he wants to continue the war, but he regards Xin ‘an as a foundation. No one wants to smash the foundation before it is built. At the beginning, Hong Kong was dominated by a group of generals, and now Erjin is back. Zhu Jinglun thinks he can take the initiative to link up with Hong Kong because Erjin is a diplomat. Diplomats always prefer peace.
It’s good to have something to do. Fangshan asked quickly, "Let me find that Erjin?"
Zhu Jinglun shook his head. "No, you go to Hurd."
Section one hundred and seven Great economic gains
Fangshan set out and Wu Chongyao came.
He came with several old accounting offices and a lot of accounts.
Zhu Jinglun guessed very accurately, and the Wu family remembered every account clearly. Fangshan was worried about their fake Wu family and was more worried about Zhu Jinglun’s falling out.
And this time, Wu Chongyao was really scared of Zhu Jinglun. The news was accurate. Wu Chongyao’s first reaction was that Zhu Jinglun not only had agents among foreigners in Guangzhou, but also sent agents to London, which made him even more afraid that Zhu Jinglun had such a method of manipulating bills of exchange. He felt that this person was even more terrible.
He came to Xin ‘an as soon as the draft was over.
"The total amount of purchase bills is 2.52 million yuan, and the average price of cash is 1 million yuan, and the coupon price is 40%. If you remove 1 million yuan, the profit will reach 1.252 million yuan. I don’t know if you want cash or a bill, my Lord?"
Wu Chongyao is very respectful and understands that officials’ manners have not been reimbursed one by one but have made a summary.
After the news that the British Parliament dissolved the East India Company from London, the Hong Kong market really caused a huge shock. After the draft fell by 30%, the Wu family ate it in large quantities, and finally the price rose to 40% of the average price. However, this situation lasted for about ten days, and then new news came to London. The British government really announced that it would accept all the property of the East India Company in the East, and also accepted all the debts of the East India Company. It also made a special policy on the draft, that is, the British government guaranteed these drafts to be paid in full.
The East India Company’s letter in the East is already as gold as the British Empire, the most powerful country in the world. It can be said that the Hong Kong government immediately issued an announcement after the introduction of the diamond inlay policy, and the powerful letter from the British Empire immediately injected a shot in the arm into the bill of exchange. The price of the bill of exchange rose to 90% of the face value in two days, and the time for cashing out was completely over.
As soon as Wu Chongyao finished, he immediately ordered people to sort out the books and then set off in person to bring people to Xin ‘an to report to Zhu Jinglun.
Zhu Jinglun laughed. "I don’t have a place to put the cash at home, and I still end up with a thief caring about the draft. I’m not going to do business in Britain, and I’m not making another profit. I’m counting on your Wu family. I’ll give you one million and two hundred and two thousand, and I’ll give you a commission."
Wu Chongyao is in awe. "Adults forgive and dare not deceive adults. Little people have earned a little money in Guangzhou through adult news. This 1.252 million is not a penny less. Adults should stop being really ashamed of the little people."
WuChongYao also honest at the same time revealed that the news is also in to Zhu Jinglun showed his aboveboard didn’t hide.
The name of the East India Company bill is generally remitted from Guangzhou to London or from London to Guangzhou, so it is not surprising that some people in Guangzhou hold the East India Company bill, but the scale will not be too large due to the war, but it is also a lot of money for the Wu family to eat alone here.
In addition, in Hong Kong and Macao markets, Zhu Jinglun’s account record is 121 million yuan, which is the surplus of Wu Jiacao. I am afraid that no one knows except Wu Chongyao.
But Zhu Jinglun’s resolute attitude seems to be as hard as money.
"Wu club don’t mention it, the obedient officer is poor, that is to say, to make a glove, the white wolf plate has no news of Wu’s reputation. No one believes that there is no Wu’s money officer, and there are not so many bills of exchange. What’s worse, Wu’s back and forth things are all done by you, but reasonable people should be ashamed to accept this commission if you accept it reasonably."
WuChongYao and constantly rejected.
Zhu Jinglun’s tone hardened. "Wu Dongjia, don’t delay the official’s saying that one million and two million and two more pennies won’t want you, but the official has a request not to deceive Wu Dongjia. The official has told the Governor and the Governor’s adult about the recovery of Xin ‘an. Two adult officials have made a slight contribution to the court to recommend the official to officially take the post of Xin ‘an magistrate."
Just here, Wu Chongyao hurriedly congratulated the governor and the governor for their joint recommendation. It can be said that this just county magistrate is assured, and it is Xin ‘an, a place close to foreigners’ nests that has to be related to foreigners. Probably no one will argue with Zhu Jinglun to know the former R county magistrate, but after being burned to death by foreigners, who knows that these barbarians will not make the same thing? Anyway, people with connections will not choose this place.
Zhu Jinglun gave a hand to interrupt Wu Chongyao’s congratulations. "Wu Dongjia shouldn’t be in a hurry to congratulate the official. If there is a reluctant official, the people of Xin ‘an should seek happiness in Xin ‘an County. But now Xin ‘an is dying because of the war. The official wants to invite the Wu family to do business with foreigners in a big shop nearby. The money is in Wu’s shop, which is also convenient for the official to adjust at any time, which is just convenient for the Wu family to turn around."
Wu Chongyao leng leng didn’t expect Zhu Jinglun to set up a shop in Xin ‘an. It’s not a big deal. Wu’s shop is much more, no less, no less than doing business with foreigners. Wu’s family has always been doing business with foreigners. Even if the thirteenth bank is cancelled, Wu’s network is still the largest export trader.
"Jardine Matheson is not too heavy when it is convenient!"
Zhu Jinglun continued that Wu Chongyao would be ecstatic, but suddenly he was white and bloodless, kneeling on the ground, kowtowing like garlic, begging not to let the Wu family run a business trip again.
Among the thirteen lines, there was a saying by Pan Jia Pan Youdu, the chief merchant of the Wu family, that "it is better to be a dog than a foreign firm leader", which was a crying quip. Zhu Jinglun really didn’t know that the ICBC system really put great psychological pressure on businessmen like the Wu family.
Let Zhu Jinglun change his tone.
"Of course, a business trip can’t be an official and there’s nothing for the court to resume."
I heard that WuChongYao breathed a sigh of relief.
Then I heard Zhu Jinglun say, "But is this signboard of Yihehang still ok? Isn’t it a pity that your father’s generation made this signboard into a golden signboard and discarded it?"
When I heard this, Wu Chongyao was even more afraid to kowtow once again. "Adults still spare the villain from adults. My father would rather go bankrupt than lose the sign of Yihehang. If the villain is in this sign, it is unfilial!"
Zhu Jinglun’s Leng Leng Wu’s family has been stimulated as much as possible. Wu Bingjian actually wants to make his own golden signboard as a hot potato?
In some cases, we don’t understand what it means without it. Before the first crow-crow war, the 13 Hong merchants were really very beautiful, but once the Qing government was in trouble, they were lambs to be slaughtered, and there was a natural disaster. They got the money, and there was a war. They got the money, and if they didn’t meet the expectations of officials, they were more likely to be arrested and blamed.