Du Zhongxiao stood under the eaves, watching the heavy snow flying all over the sky. August came to Bingzhou, busy, and December unknowingly, and it was about to celebrate the New Year. The fur yard in the city was booming, and the earth salt in Yonglijian had its place. Even the white salt after making Glauber's salt became a shortage of goods in Bingzhou City, and wealthy families bought it one after another. Two problems were solved in one fell swoop, and Xia Shu was very satisfied.

While Du Zhongxiao was thinking about it, Tao Shiqi brought Xia Gui in from outside and crossed his hands and said, "Official, Supervisor Xia is here."

Du Zhongxiao said: "I haven't seen each other for several months, can the supervisor always be fine?"

Xia Gui bowed and bowed: "Okay, okay. I really miss signing the verdict since Yongcheng for several months."

While talking, the two of them arrived at the flower hall not far away. A large pot of charcoal was placed in the flower hall, which was burned red and warm as spring.

Xia Gui went to the charcoal basin to cook the fire and said, "It is said that it is not cold when it snows, so how can it withstand the strong winds here in Bingzhou? This is not useful."

Du Zhongxiao stood in front of the brazier together, roasted his hands, and talked to Xia Gui.

After his body became hot, Du Zhongxiao and Xia Gui took a seat and said to him: "The supervisor is here this time, don't you know what's wrong?"

Xia Gui smiled and said, "The verdict knew that I was doing business for my husband's family. At this time, Baba came to you and could guess it. In recent months, the fur business in Bingzhou has been booming, and countless merchants gathered here. I got the news, but I didn't care at first, but I didn't know that you were doing this until I came and saw it with my own eyes. Today I arrived at the yard and walked around. Although it was snowing, it was still very lively. Especially the merchants in Zhongyuan bought goods one by one, making a lot of money, which made people envious."

Du Zhongxiao said: "The supervisor has no shortage of capital, and you can also sell some furs and sell them back to the capital."

Xia Gui shook his head repeatedly: "If you don't know how much money can you make if you have to do it for thousands of miles? According to my knowledge in the goods yard, the best business there is to sell raw skins from Yanmen Village and cook them there. After the cooked products, it will be transported to Yanmen Village and sold to Khitans. From Bingzhou to Yanmen Village, it will only take two or three hundred miles. It takes a few days, and the cost is small and the profit is large, and the time is short."

Du Zhongxiao smiled and said, "If you do this business, the supervisor will have to live in Bingzhou."

"Of course, I have received instructions from my husband and live here with him. My husband said that there are countless ways to make money by signing and judging, and you will never be wrong with following you. However, I feel a little lonely when I do this business. I am not a big family, and I am also short of money at home. Why not draw someone from my side and do it with me? If our two families join forces, some are in Yanmen Village and some are in Bingzhou, it will be perfect."

After hearing Xia Gui's words, Du Zhongxiao was stunned for a moment. He never thought of doing business under his own rule, and did not want to delay his future for such small profits. Although the court just refused to buy industries under his rule and did not prohibit business, Du Zhongxiao still did not want to get involved. Officials caused a lot of trouble in official business because of their own business. Moreover, it is difficult to avoid being entangled by local forces when doing business.

Seeing that Du Zhongxiao didn't say anything, Xia Gui smiled and said, "The young man who signed the verdict is focused on business and does not consider housework. He has never thought about this, right? In fact, traveling around the world is extremely hard. If he doesn't do some business, it would be a pity. I see Tao Shiqi in your house is smart and smart. If he asked him to do some business with me, he would definitely make some money. How about it?"

Du Zhongxiao thought for a while, smiled and shook his head: "Why do you have to work so hard if you want to make money? My husband is the magistrate, and I am the verdict. A little word in Bingzhou City will bring a large amount of money to the account."

Xia Gui was startled and said, "Sign up the verdict, it's nothing to make money in business. If you commit a crime, your husband will not be careless!"

Du Zhongxiao said: "I don't care about my husband, and I can't do it either. What I said is that if you want to make money, there is a way to do business by yourself. For example, as long as you have the heart, it is very easy."

After hearing this, Xia Gui became interested and approached and said, "Please sign the judgment clearly."

"There are many business in the goods yard now, so no matter how much the raw and cooked skin is, the price is a mess. The stalls sold to the people of this city are under the control of the guilds. There are still some guilds who sell them to the people of this city. There are still a few businessmen who trade large transactions, but they all trade in private, and it is difficult for outsiders to know the exact thing. Since it is a goods yard, this is not possible and it is difficult to make the business bigger. I think that it should be traded publicly, and it is also easy to draw taxes. In the past, the tax on fur merchants was collected by one ten, and they directly collected fur they trafficked. As a result, a lot of furs have been accumulated in the military warehouse this year. After the public transaction, you can directly collect money."

Xia Gui blinked and said, "It's just a public transaction. What benefits can we get? Where can we make money?"

"The supervisor has the capital and can buy low prices and sell high prices directly, and there is no need to do business."

After hearing this, Xia Gui thought about it and then, and finally shook his head: "I don't understand."

Du Zhongxiao said: "I am still planning this matter. When it is done, the supervisor will naturally understand. Before that, the supervisor just went to Yanmen Village to sell fur. From there, the supervisor sold raw skin to Bingzhou, and then sold cooked skin from Bingzhou. This business is done."

Hedong Road is an area where copper coins and iron coins run parallel. The money system is extremely chaotic, so it is actually very inconvenient to do business here. Now the fur business in Bingzhou is mainly barter trade, and there is not much cash. For example, when you come back from Yanmen Village, you will use raw skin regardless of whether you pay the wages for tanning or paying taxes. Some of the cooked furs are transported back to Yanmen Village for more raw skins, and the other part is sold to merchants from Zhongyuan. Zhongyuan merchants rarely use cash to buy fur, but use silk, tea, porcelain, fragrant medicine, etc. This transaction model has great restrictions, which will soon encounter bottlenecks in the business.

Du Zhongxiao thought that there were only two ways to solve this problem. One was to learn about Jiaozi's affairs in Yizhou, issue Jiaozi, and use paper money instead of copper coins to make the currency in commercial activities sufficient. The other was to establish a trading venue, and use the method of pricing to prevent a large number of commercial activities from requiring physical currency. Jiaozi's issuance involved too many things, and it is difficult to achieve with Du Zhongxiao's current status of judging. Secondly, it is to establish an open trading venue, use the large amount of fur inventory in the yamen to minimize the monetary demand during the transaction process. In short, it is to use financial means to partially solve the problem of insufficient currency so that the fur business can grow rapidly.

Due to the processing prices of raw and cooked skins, there will be price differences due to different time, quality and sales areas. At this time, there is a possibility of arbitrage on the exchange. What Du Zhongxiao told Xia Gui was that as Xia Shu and Du Zhongxiao, he could even control the price of bulk goods. Making money from the exchange is as easy as drinking cold water. Why bother trying to traffic in furs?

Du Zhongxiao clearly knew that financial means are the devil in the economy, and once released, the consequences are unpredictable. Almost certainly, financial means will be repeated continuously, quickly blowing a bubble, and then quickly breaking this process. In this system, a large number of merchants get rich overnight and lose all night will become common. But in such an era, the consequences of such means are mainly aimed at the merchant class. Moreover, it is difficult to say whether it will invade the Song Dynasty or go abroad. Once the yamen joins, it will be the biggest player and can solve economic problems as quickly as possible. As for the future, it can only be filled with the productivity improvement brought by steam engines and other things.
Chapter completed!