Chapter 468: Profiteering
Weimarang's face was tragic and he didn't say a word.
He lowered his head, feeling an indescribable frustration.
Of course, he could show great indignation at this time, and even threaten directly with war.
But it is obvious that this is absolutely impossible.
Because, I have seen that these four gunboats are the most advanced ships in recent times, but they were buried in the belly of fish in just a moment.
What's scary is that until now, Weimarang didn't even know what happened.
Emperor Tianqi finally reacted: "Yes, yes, yes, should I give you pensions? How many people died? Is it enough for one person to give you fifty taels? Don't worry, I have money, and I will give them tens of thousands of taels..."
After hearing this, Weimarang was really a piercing arrow.
He couldn't help but say, "You killed more than a thousand people. I have always heard that the Ming Dynasty is a country of etiquette, but what I see now is a barbaric behavior."
Weimarang said: "I want to protest!"
After hearing this, Emperor Tianqi looked at Weimalang with a strange look.
To be honest, he was a little confused about Weimarlang's logic.
Provocation is what you want to provoke.
After provoking, he suffered a loss. This guy was so embarrassed that he was so embarrassed to complain.
This is rogue logic.
But……
Someone actually dares to act like a scoundrel in front of me?
Shouldn't I be the one who plays a rogue?
Emperor Tianqi stared at Wei Malang, with a curved curve on his lips and sneered, "Don't you still have forty such ships? Since you are not convinced, you can come to the sea outside Tianjin Wei again, why should you talk? A few years ago, you invaded Penghu, and I haven't settled the accounts with you yet? Today, I'm waiting for you, I think you are an envoy, so I'm always quite polite to you and treat you with courtesy. Do you really think I'm a fool, don't you know you are here to show off your power?"
Emperor Apocalypse's face was full of coldness.
"At this point, you still dare to show your power in front of me. If this is the case, then you will kill the envoy, and there is no need to compensate. If you kill the envoy, you will be angry and embarrassed. Let the Netherlands come and teach them to send ships. I will fight to the death with them."
Weimarang heard these words, especially when the translator was about to cut off their heads, he was already panicked and said quickly: "Your Majesty, we can talk more."
Emperor Tianqi ignored him and said, "Talk? What are you talking about? Do you take your naval gun?"
"We...we have banks, we have a large amount of funds...I can do it for His Majesty..."
Emperor Tianqi smiled coldly and retorted domineeringly: "I am rich in all over the world, and there is some gold and silver in the treasury. Why do you need to borrow money from you?"
"The amount we borrow from the royal families of all countries every year is as high as.... If we exchange your silver, it can reach tens of millions of taels per year."
Emperor Aoki sneered: "That's all..."
Halfway through, Emperor Apocalypse's face changed.
Tens of millions of taels?
Just a simple loan?
When Emperor Apocalypse was silent.
Zhang Jingyi, who was standing aside, immediately knew that Your Majesty... had some thoughts.
The reason why the Bank of the Netherlands was able to expand rapidly was actually related to the Franchise.
With the opening of the great voyage, spices from Southeast Asia and India, population trade in Africa, and a large amount of gold and silver excavation in South America, over the past century, countless gold and silver have been sent to Europe in ships.
As a result, the Franciscans of Spain and Portugal, especially their royal family and nobles, became increasingly arrogant and extravagant, and they spent too much money, and they could spend countless money.
The ship owners and merchants who went to the New World also took this opportunity to make a lot of money from it, and countless wealth filled the entire European continent.
As a result, the richer and richer businessmen and feudal lords had a lot of wealth in their hands, and some of them, especially those merchants, deposited gold and silver into banks for convenience.
Because of the excessive squandering of the royal family and in order to seize more wealth, they need to recruit more troops and build more ships, and the finances of various countries have reached a precarious level.
Banks took this opportunity to borrow a large amount of depositors' funds to collect high interest rate spreads.
This business model is equivalent to constantly snowballing with funds.
In addition, the Netherlands itself is known as a maritime coachman, and there are tens of thousands of sea and cargo ships. So many merchants and ship owners travel through Europe, Africa, Southeast Asia and the Americas. It is impossible for them to carry so much real money. Therefore, depositing gold and silver into the bank, reaching their destination, and then withdrawing them from the local bank, becoming their safest way of trading.
Emperor Tianqi was furious just now, but now he couldn't help but ask humbly: "Ten millions of silver patterns?"
Weimarang had never seen a person change his face so quickly. He could go from being angry, then to being surprised, and finally to being calm and fulfilled in one go.
Weimarang was already scared at this time. He looked at Emperor Tianqi in awe and said sincerely: "Yes... in fact, it's not just these. This is just the royal families of various countries. In addition, we have other businesses, many small operators and merchants... and even banks themselves will make some investments."
Emperor Tianqi raised his eyebrows slightly, stared at him deeply, and asked, "In this way, your investment may even reach 100 million taels a year?"
The coachman on the sea, the newly rising business empire, the financial kingdom after Venice, and the Netherlands who now have a large number of colonies, are full of confidence in this regard.
Weimarang said, "I have to ask this Mr. William."
William hurried forward and said, "Yes, there will be roughly this number."
"So what's your interest?"
"Interest?"
"It's the money you borrowed..."
"Your Majesty, we usually buy bonds from the royal families of various countries. Of course, some of them are government bonds. These bonds are relatively stable and can bring 20% of interest every year."
"I borrowed 100 million yuan, only 20% of the interest?" Emperor Tianqi couldn't help but regret.
This is too low. Logically speaking, shouldn't it be like a donkey rolling around?
William patiently explained: "We use depositors' funds, so the first thing we can ensure is safety. With some small loans, we often charge higher interest. If we only have a large amount of funds, it would be very good to have 20% of them."
This is also true. Even if you borrow ten taels of silver back a year, you will not be too much in this era. But if you want to lend 100 million taels of silver, you still want to recover 100 million taels, why don’t you go to heaven?
In fact, in this era, the development of colonies, the discovery and mining of a large number of gold and silver mines, and the huge profits of marine trade, the 20% profit of the national debt is unimaginable in later generations, and it is only in this era of great navigation that it can afford to play.
Emperor Tianqi thought about it carefully and said slowly: "In this way, your bank can easily record 20 million taels of silver every year?"
William said, "If other businesses are added, it should be around 30 million taels of silver. Of course, considering the high operating costs and employee expenses, the net profit per year will float between 15 million taels and 25 million taels of silver."
Such a number is definitely enough to shock everyone.
This is fucking higher than the income of my treasury.
Emperor Aoki began to doubt his life.
He found that in the rules set by his ancestors, he never seemed to consider how the treasury could increase its income.
If you copy a house, you will be rich enough to compete with a country, and you will copy every time and you will be accurate.
Everyone has money, but the poorest one is the treasury.
William looked at Emperor Apocalypse in awe at this time. His mentality had changed at this time. The strength of the Ming Empire was far beyond his expectations. It angered this person. It might not only be impossible to expand its business, but it might even lose its entire Far East business.
He said carefully: "The reason we hope to enter the Ming market is because we know that there are countless wealthy families in the Ming Dynasty, and they have countless gold and silver. For banks, at least now, they are not worried about not having borrowers. Therefore, we need a large amount of depositors' funds. If your Majesty you can allow us to enter the Ming Dynasty, then our business may be doubled or even more. Your Majesty... We can provide solid guarantees for your country's finances with the best conditions."
To put it bluntly, you allow us to come in. We attract the wealth of the people. What are we doing when we get this wealth of the people?
If you have financial difficulties in the Ming Dynasty, you can borrow it from us. Then you can issue treasury bonds and we will buy it.
The so-called bank is essentially a middleman. Of course, what others trade is goods, but what they trade is gold and silver.
Although I dare not say that the financial difficulties of the Ming Dynasty could be solved once and for all, what William proposed was still very tempting.
At least, he can guarantee that once a financial crisis occurs in the Ming Dynasty, it can delay the occurrence of the crisis.
"Your country can issue 10% of the national bonds per year, and we can ensure that we can purchase 10 million taels at any time every year."
This is very tempting. If it were the Ming Dynasty who was tortured by financial difficulties at the beginning, it would be impossible to agree.
But who knew how smart Emperor Tianqi was? As soon as he heard this, he immediately understood this business model.
He looked at William coldly, "That is to say, you take the money from my Ming merchants and charge their storage fees, and then lend me money to me, and collect my interest?"
William shook his head in a hurry, "You can't say that, your majesty, we usually call it..."
Chapter completed!