After nearly an hour of negotiation, the three parties finally finalized the loan agreement. Wanbao Cabinet Fang and Jiangnan Cabinet Fang each agreed to lend 500,000 guan to the court, for a total of 1 million guan. However, Xu Xiantu also offered a large sum of money.
Sincerity has given the two cabinet shops enough benefits, and this benefit is the valuation of the collateral.
Xu Xiantu took out houses, shops and farmland outside the city as mortgages. The estimated value of the mortgages was half of the current market value. For example, the Yulou of the Yu Qingfeng family covers an area of about three acres. It is a large restaurant located by the West Lake.
The market price of the top ten restaurants in Lin'an last year was 50,000 guan per mu, with a total price of 150,000 guan. In the past few days, land prices have collapsed. The price of Yulou has dropped to 8,000 guan per mu, and the total price has become 24,000 guan.
Thousand guan, but the valuation of the mortgage to Jiangnan Cabinet was further reduced by half, to 12,000 guan.
Is this price very low? In fact, it is not low, it is just the normal market price. Jiangnan Cabinet is not asking for sky-high prices. Its asking price is also based on the prices of restaurants in the most prosperous areas of Pingjiang Prefecture and Jiankang Prefecture as a reference.
The price there is only about 5,000 guan per mu. Once Lin'an loses the aura of a capital city, the normal land price will only be 5,000 guan. Jiangnan Cabinet Fang's asking price is slightly lower.
The same goes for Wanbao Cabinet Shop. They mainly use farmland outside the city as collateral, with a mortgage price of about 5 guan per mu. The price of farmland outside the city has not fallen much. At the highest, it was only 15 guan per mu. Now it is only 15 guan per mu.
It has dropped to about 8 guan per mu, which is only half of the decrease. Wanbao Cabinet is based on the farmland prices in Yuezhou and Jiaxing Prefecture, where the farmland price is about 6 guan per mu.
The price of farmland in Jingzhao Prefecture is 10 guan per mu, and in places outside Jingzhao Prefecture it is 5 guan per mu. The price of farmland in the Central Plains is also 5 guan per mu. Of course, the farmland in the Central Plains and Guanzhong cannot be compared with that in Jiangnan. The farmland in Jiangnan is
Double-cropping rice has a high output and the price will definitely be much higher, but isn't the imperial court asking for help now? When asking for help, you have to show sincerity and give enough benefits to the cabinet shop.
You must know that the housing prices in Lin'an City have been extremely high before, while the farmland prices in Jiangnan are exactly the opposite. They are constantly suppressed by the powerful to facilitate their acquisition of land at low prices. The normal farmland prices in Yuezhou and Jiaxing Prefecture should be per mu.
About ten guan per acre was suppressed by the powerful to six guan per acre.
Therefore, the mortgage price of Wanbao Cabinet is five guan per mu, and it has also obtained great benefits.
Both cabinet shops knew very well that although the money was borrowed as a mortgage, judging from the financial situation of the imperial court, the money would definitely not be repaid by the end of the year, so the mortgaged property would definitely belong to them.
Of course, Xu Xiantu also obtained certain benefits for the court, that is, there is no interest for this three-month loan. You must know that the normal interest rate for borrowing money from the counter is two cents per month. Three months is six cents, and one million
To borrow money, you have to pay back interest of 60,000 yuan. Xu Xiantu gave a low enough valuation for the collateral, including the interest.
Of course, the two cabinet shops are not fools. They clearly stated in the terms that if the court redeems the mortgaged property after three months, the normal loan interest must be paid, which is two cents per month.
After the three parties reached a loan agreement, Xu Xiantu immediately sent his doctor Liu Chen back to the imperial court to report to the emperor. Half an hour later, he received a reply from the emperor that the contract could be signed. At noon, Xu Xiantu formally signed the contract on behalf of the imperial court and the two cabinet shops.
An agreement was reached to borrow one million dollars.
The government immediately made new land deeds, and all the original land deeds were invalidated. The worst thing among them was Baoji Cabinets, which meant that the thick stack of mortgaged land deeds in Baoji Cabinets' hands became waste paper.
In name, the interests of the merchants were completely deprived, but in fact it was the bankruptcy of the court's credit. You must know that the essence of dynasty change is the change of interests. A group of new nobles came to power to seize the interests of the old nobles. In the long agricultural era, this interest
It's land interests.
Although this new land deed replacement only involves the interests of businessmen, the matter itself touches on another major issue, that is, the credit of the dynasty. Guaranteeing land rights is the most basic credit of a dynasty, even if the powerful acquire farmers
Regarding land, they also use various means to obtain the land deeds from farmers, and then merge and acquire them at low prices. They dare not say that they want to bribe the government to invalidate the land deeds in your hands.
But now, the land deeds for farmland and real estate are still in the hands of merchants or cabinet shops, and the court has directly invalidated them. This is undoubtedly a complete bankruptcy of the court's credit.
Of course, this result was already doomed when the imperial court confiscated the merchants' land, real estate and shops, and it did not happen after borrowing money from the two counter shops.
Xu Xiantu left, but Liu Wei did not leave. Qian Wenyi persuaded him to stay with him for lunch. Of course Liu Wei understood and stayed, just like an elephant about to fall and two cheetahs talking happily.
After dinner, the tea time is the time for the two of them to talk about business.
"Brother Liu, do you think Baoji Cabinet Shop can survive this round?" Qian Wenyi asked with a smile.
Liu Wei smiled and said: "Let me tell you one thing, my dear brother. How does His Highness King Yong evaluate Baoji Cabinet Shop!"
Qian Wenyi perked up and said quickly: "Brother Liu, please tell me!"
"His Royal Highness King Yong said that the emperor has never realized the importance of the cabinet. When the emperor realizes it, that is, when disaster strikes Baoji cabinet and even the Shi family, the emperor will definitely swallow Baoji cabinet, but directly
It's too ugly to swallow, so he must find a reason to kill the Shi family, and Baoji Cabinet Shop will naturally get it."
Qian Wenyi frowned and said: "I understand what Brother Liu means. The emperor can take money directly from the cabinet shop, but no matter how rich the cabinet shop is, it is also the customer's money. The emperor cannot take away the customer's money at will. News spread
Come on, who still believes in Baoji Cabinet Shop?"
Liu Wei smiled bitterly and said: "These words were conveyed to us by Zheng Tongquan. We never understood them. Later, Zheng Tongquan told us something. If we understand something, do you still remember the salt owl Zhang Tai?"
Qian Wenyi nodded, "I know that his wealth stored in Baoji Cabinet was forcibly taken away by Hu Yun. Afterwards, I got the news that a total of 350,000 gold, silver and various other properties were taken away."
"That's right. If Baoji Cabinet is owned by the emperor, will it be Hu Yun's turn to take Zhang Tai's huge wealth?"
Qian Wenyi understood a little bit, "You mean, the emperor will look for prey from the wealth in stock?"
Liu Wei sighed: "We later understood that this is what King Yong meant. If the emperor likes a huge amount of wealth, he will unknowingly kill the owner of the wealth, and the wealth will fall into his hands.
, Baoji Cabinet Shop has branches all over the world, and its century-old reputation has made everyone believe in it. Now that a Wanqixi case has been revealed, will the emperor use it to attack Baoji Cabinet Shop and even the Shi family? "
Qian Wenyi pondered for a moment and said: "Brother Liu means that our two families still cannot have the idea of Baoji Cabinet Shop, so as not to be affected by the Wan Qixi case."
Liu Wei said calmly: "The elephant in Baoji Cabinet has fallen. The real predator is not just the emperor. We little ants should not join in the fun."
Qian Wenyi thought for a moment and suddenly understood that King Yong was also staring at Baoji Cabinet Fang, and Wanbao Cabinet Fang must have gotten the news.
Qian Wenyi thought of another rumor, that 30% of Wanbao Cabinet Shop was in the hands of King Yong. It seemed that this rumor was true.
He immediately stood up and said: "Thank you, Brother Liu, for reminding me!"
