The memorial mentioned the establishment of a bank in the Trade Market. Although Yang Xuan didn't know much about finance, he also knew the importance of this thing.
He had talked about this matter with Prince Hui before, and Prince Hui should have reported it to His Majesty the Emperor, so Yang Xuan didn't say much in the memorial, but just suggested that the court open a bank in an official name.
Of course, he also mentioned in his memorial that he had no knowledge of the matter and hoped that the court would send reliable professionals to take charge of the matter.
Then he waited and waited, and Prince Hui came.
The moment he saw Prince Hui, Yang Xuan felt a chill in his heart.
What is the identity of Prince Hui? It is impossible for him to sit outside the customs. In other words, the court did not send anyone else to come. Wouldn't the matter of the bank fall on him again?
While ordering people to serve tea, Yang Xuan complained: "Your Majesty, you have to let the donkey breathe when you order it. You can't catch me ordering it to death alone."
Prince Hui also showed an embarrassed smile: "Mr. Yang, you are already an important minister of the imperial court, how can you talk like this? The emperor will only reuse you if he trusts you. Your future will be limitless in the future."
"But pull it down. When I came to this Tumu Fort, I made an agreement that as long as the trade market is run, someone will come to replace me." Yang Xuan continued to complain: "Now it seems that not only this burden has not been removed,
, Your Majesty has put another burden on me."
"Oh my, those who are capable should work harder. Why should Master Yang complain? You don't know how many people in the court are jealous of your position."
Prince Hui twirled his beard and said: "Don't worry, the court will send officials to contact you soon, and you will be relaxed by then."
Yang Xuan was looking at the emperor's secret decree at this moment, and said without raising his head: "At first, you said that if the trade deal was successful, I would be given a title? But I didn't get the title, and I had to work as a cow and a horse.
, don’t be such a fool.”
"How can you be fooling me? This matter is already going through the process."
"real?"
"How can it be false?" Prince Hui said solemnly: "How can the emperor break his promise to you even if he speaks so eloquently?"
Yang Xuan nodded, and the secret edict in his hand mentioned this matter, saying that the royal family will not let you down, but in Yang Xuan's opinion, it was just like painting a cake.
After reading the secret order, it turned out that it was still about the bank, which meant that Yang Xuan should take the lead and start up the bank in the name of Shengfa Company.
This made Yang Xuan frown a little. Shengfa is always a non-governmental organization in name. How can the name of an official organization like the imperial court be used? What can be done by running a bank in the name of Shengfa?
Of course, the only advantage is that the bank is the only one in this trading market.
But he really didn't know much about finance, and he always stayed away from things he was unsure about.
Just like the research and development of high-strength steel, it is just a research department, and it doesn't matter whether it becomes Chengdu or not.
But this bank is different. Once it is not managed well, it will involve a wider range of things.
This is a major matter related to people's livelihood. If people invest their money in you and you lose money, how can the people still live?
Seeing Yang Xuan's troubled expression, Prince Hui chuckled and said, "What you said in the memorial has naturally been taken into consideration by the emperor. No matter how well this bank is run, the emperor will give you the full answer, so just go ahead and do it."
"What's the emperor's secret?" Yang Xuan raised his eyebrows and grinned with a meaningful smile: "That's different."
Prince Hui saw that Yang Xuan's smile was a little strange, and said hurriedly: "Then you can't mess around."
"What do you mean by messing around? Didn't you just say that you should just let go and do it?" Yang Xuan said with a smile: "Let me state in advance that I have no experience in this matter. If you mess around with it, the people will become rich and the country will be strong. If you mess with it badly, His Majesty the Emperor may also
Going bankrupt."
"Just bankruptcy?" Prince Hui breathed a sigh of relief: "If the worst case scenario is just bankruptcy, I will take care of it for you."
"Your Majesty, you are so proud." Yang Xuan gave a thumbs up: "But Your Majesty, do you know the meaning of bankruptcy?"
"Isn't that just going bankrupt?" Prince Hui waved his hand: "Don't worry, we have been prosperous for more than two hundred years, and our family's wealth is strong."
"Just be mentally prepared. This business may cost you money."
"Burning money?"
"Yes, it means burning money, throwing money into the fire."
“Isn’t silver still money when thrown into the fire?”
"..."
Yang Xuan was stunned for a moment, then thought about it, it seemed that there was nothing wrong with saying that, the reason for burning money was to make money.
"Anyway, let's prepare the money first. The money Shengfa Company currently has on its account may not be enough."
Prince Hui smacked his tongue and wanted to say something but swallowed it back.
Then the two of them discussed the details of opening a bank in detail.
We have money but still lack manpower. For the twelve trading bazaars, Da Sheng will start working on his own side first, that is, six branches.
The main business of today's money banks is the exchange of money, that is, using banknotes to replace large quantities of money to facilitate customers' money transportation. The customers they face are basically businessmen.
Of course, banks also have two businesses: deposits and loans, but relatively speaking, these two businesses are not very recognized.
Ordinary people only keep money in their own hands, and even wealthy landlords are accustomed to hiding their money in cellars and other hidden places.
As for loans, loan sharking has existed for more than a thousand years. Most farmers had failed harvests due to weather conditions and had to mortgage their land to borrow money to buy seeds, so that they could repay the loans after the autumn harvest.
But in most cases, the interest on this loan will only push them into a desperate situation, and they will eventually have to give up the mortgaged property, become long-term laborers, or even sell themselves into slavery.
All in all, the current business attributes of banks are relatively simple.
Although Yang Xuan doesn't know much about finance, he knows a lot more tricks than the existing banks.
It's just that because the responsibility is too great, he doesn't want to bear such heavy pressure, so he keeps refusing. But now that His Majesty the Emperor has revealed everything, the pressure on him will be much less.
Although the establishment of a bank has not been decided by the board of directors, who among the shareholders dares to disagree with His Majesty the Emperor's decision?
Then the bank started to prepare intensively, and the shop was easy to solve. All we had to do was wait for the money and manpower to be in place.
As for security issues, Yang Xuan did not hesitate to get a big deal for his security company.
…
While Yang Xuan was preparing to set up the bank, his eldest brother Yang Xiao had been wandering on the grassland for more than a month.
Yes, a caravan with Yang Jie in charge of trading and Yang Xiao in charge of security has visited the surroundings of Dasheng's trade market during this period.
Next, he will go to the trading market in the grassland.
Although the trading market of Dasheng is located outside the customs, there is no dispute that it is the territory of Dasheng.
The trade fair in the grassland is the territory of the Prairie Wolf Clan. Going to the trade fair in the grassland is the only way to truly enter the grassland.