红堡,凌霄阁

"Dear Earl, your spending on education is too high, reaching hundreds of thousands of pounds a year, and it is likely to exceed one million pounds this year. I doubt this is a policy that cannot last long. As your private financial adviser, I think it is necessary to remind you of this." Kester, director and general manager of Huitong Bank, seemed worried.

Li Fushou, who was sitting in the head, smiled indifferently. He was holding the financial report summarized by Huitong Bank in the first quarter of 1881, and the thick stack was like a dictionary.

With his slender fingers hitting the summary of the financial report, Li Fushou said, "Dear Mr. Kesterner, I have no doubt about your excellent financial management ability. Money can only be valued, not stored in the cellar. I can understand your worries. The question is what is the use of me to accumulate a large amount of property?"

"Please forgive me, I cannot understand your view of wealth." Kestener still insisted on his own point of view and tried to prove it with facts; "In the history of Europe, there were many kings and lords who went bankrupt because of their poor financial management. The French Bourbon dynasty even had to borrow heavily to start a war. The crumbling rule was ruined by the loss of credibility. London did a good job in this regard. Having a lot of cash was obviously a wise decision, and of course, it was also good to reserve gold."

"Haha... Huitong Bank already has nearly 200 tons of gold reserves. Isn't this money?"

"Grand Lord Earl, the money has been issued with the same ratio of Huitong gold notes, and almost all of them have been borrowed, and a lot of them have been issued. I am very worried that it will cause a run, and that will be the end of Huitong Bank."

“目前超发了多少?”李福寿问道.

"As of the end of the first quarter, Huitong Bank's over-issuance of gold invoices reached 42%. This incident was like a mountain pressing on my heart, unable to sleep day and night. I am really worried that the situation will get out of control, so I strongly oppose your policy of continuing to over-issuance." Kester answered with great worries.

超发42%?

Li Fushou nodded thoughtfully. According to the conservative British financial theory, as much as gold is available, the currency is equivalent to gold, and the excessive issuance of gold invoices is indeed a big problem in today's era.

Extra is 42% over-is arithmetic problem. A ton of gold is worth about 136,560 pounds, and 42% over-issue of 200 pounds is the Huitong gold note worth 284 tons of gold, which is about 38.7 million pounds.

This loan alone will bring more than 1.3 million pounds of income to Huitong Bank every quarter, and is the bank's main source of income.

Not every loan is a preferential interest rate of 10% for immigration loans, and some commercial loans are 20% or even higher.

Generally speaking, it is evaluated by bank professionals that the higher the risk of a loan, the higher the interest rate, which is proportional.

Huitong Bank also has extremely profitable cross-continental remote exchange business, gold notes business and other financial derivative businesses, with strong profitability.

In the first quarter of 1881 alone, the gross profit of the statement reached 1847,706 pounds. After deducting operating costs, the net profit was 1515,500 pounds, making him an absolute big money-making player.

Dozens of bank shareholders can make huge profits, including bank director Mr. Kesterner, who owns 3.1% of the bank's equity and can receive a profit dividend of about £46,600 in one quarter.

Of course, the biggest winner is the Earl of Queensland in front of him. He owns 87.6% of the equity of Huitong Bank, and his dividends in a quarter exceeded 1.3 million pounds and more than 5 million pounds in a year. This is a shocking number.

Huitong Bank's profit base comes from more than one million Chinese immigrants, and a large number of commercial banks operating ocean trade, each person contributes an average of one pound of profit per quarter.

The trickle of flowing into a river made Huitong Bank quickly become the largest bank in Australia, and also the bank with the widest coverage and the most branches. Its branches cover important cities in Europe and the United States and widely carry out cross-continental exchange business.

Now Huitong Bank branches have been opened in almost every town in New South Wales and Victoria, and have established banking branches in Western Australia, South Australia, Tasmania and New Zealand. They are Australia's strongest and most convenient financial institutions, with users including a large number of white ranchers, gold miners and merchants.

With the expansion of Australian trade scale, the promising remote exchange business is gradually becoming a new profit growth point for Huitong Bank, which is an advantage that is difficult for all local Australian banks and European and American banks to reach.

As the money bag of the Earl of Queensland, Huitong Bank is fully controlled by private banks, and is only one of its huge industries.

The Earl of Queensland is undoubtedly the richest rancher in Australia. Even if you look at the world, you are one of the top rich lords with income. There are no more than 50 people who can compare with each other.

The problem is

伯爵大人赚的多,花的更凶.

The Red River Valley education is invested more than 370,000 pounds each year, and more than 50,000 middle school students in the School Chicken Eagle Program alone are responsible for the expenses of food, clothing, housing, transportation, education, etc.

In addition, it will also provide funding for universities such as Red River Valley University and Brisbane Polytechnic Institute, as well as some research institutions and laboratories in Qinglong City.

In addition, nearly 30 Guangjitangs opened in the mainland have adopted more than 200,000 street children, responsible for food, clothing, housing, transportation and education, and spent more than 220,000 pounds a year.

Now that I suddenly decided to increase the scale of Australian middle schools and increase the number of students introduced, the related expenses have increased sharply.

The first is the cost of traveling thousands of miles to Australia. Although Guangjitang has independently operated passenger ships, the cost can be reduced to the extreme when transporting students on a large scale, the cost is still no less than 5.5 pounds per person.

Based on the monthly scale of 7,000 people transporting across continents every month, each passenger ship transports one round trip for two months. Guangjitang's shipping company needs to purchase more passenger ships to maintain a fleet size of no less than 12 ships. In addition, coal consumption, ship depreciation and personnel expenses, it costs 38,500 pounds per month, which is a huge expense of more than 460,000 pounds a year, which has not yet been added to other expenses.

With the sharp increase in the number of Renci Yucai Schools, the staff and operating costs are also increasing, which is another large expenditure.

What's more, the Red River Valley invests in the construction of various townships, and the monthly money spent is millions of pounds, which is tens of millions of pounds a year.

The hotly built Songjiang Town, Beilun Town, Moresby Town, and Chayapura Port have an investment of more than 100,000 pounds per month, ranging from 40,000 to 50,000 pounds per month, and from thousands to tens of thousands of pounds per month. Now there are dozens of towns in northeastern Queensland that need to be invested one after another, and major projects such as Songjiang Reservoir and Twin Cities Duplex Railway need to be continuously invested.

According to statistics, the monthly infrastructure expenditure is at least million pounds, which cannot be saved.

These territories are either the territory of the Earl of Queensland, or the latest developed sphere of influence, and all taxes are included in the Red River Valley, and of course he, the rancher, paid for it.

Therefore, the Earl of Queensland is a big money-making player and spends very fiercely. He is also a big loan player. He has loaned more than 3 million pounds from Huitong Bank.

Mr. Kestrang privately helped to take stock of the money and found that the Earl of Queensland was not enough to make ends meet after earning tens of millions of pounds a year. It was so strange!

The rise and fall of Huitong Bank is truly related to Mr. Kesterner's own interests, and they all prosper and lose.

Therefore, Mr. Kesterner finally found the opportunity to report in person in the first quarter report, and he tried his best to advise the Count to spend less money, at least if he could save, he would never borrow too much.

Li Fushou could understand his concerns. If Mr. Kesterner knew that he had ordered four Seagull Type 2 ocean-going frigates at one time at Psmouth Naval Shipyard in the UK, and spent another £410,000 at one time, he would probably be shocked on the spot.

"Ahem... In fact, I hope to lend more money from Huitong Bank because there are some urgent needs."

Li Fushou's words were shocked and asked in a terrifying manner. "Great Earl, Huitong Bank's position is also very tight, if it does not exceed 2 million pounds..."

"Then I will save some money. I still need to borrow £3.8 million. Fortunately, this money is not something you need to take out at one time. Just prepare £1 million for me first. Next month, I will definitely prepare another £1 million..."

Li Fushou continued to speak on his own, but was surprised to find that Mr. Kesterner did not respond. He turned to look over and found that the miser's lips had begun to tremble.

If Huitong Bank lends out 3.8 million pounds, the proportion of over-issuance will increase by 10%, which means over-issuance will be 52%.

Mr. Kesterner felt the blackening in front of his eyes and his heart was beating wildly; God! It turns out that I said so many admonitions today, but the lord didn't listen to a single word.

Li Fushou couldn't help but frowned and said, "What's wrong, are there any difficulties?"

Mr. Kesterner dared not say there was any difficulty. He felt his throat was dry and replied in a stern tone. "Sir, can you really not use it less?"

"Well, next year, try to balance income and expenditure next year. This year is definitely not possible. And you have to prepare this money as soon as possible. I have an important purpose."

Li Fushou did not explain in detail what the purpose was, but just gave a casual command.

You must implement it if you understand it, and you must implement it if you don’t understand it. Otherwise, you can get out of bed.

"As you wish, Huitong Bank will prepare funds as soon as possible." Mr. Kesterna replied in a difficult tone.

"That's good."

Li Fushou picked up the teacup and saw him off. Seeing Kester's hunchbacked figure leave, he couldn't help but laugh in his heart.

The meat is buried in a bowl, there is no need to let you know.

The interests of both sides are closely linked, but never forget that Kesterner is British, otherwise he will definitely die.

If you are not of my race, your heart will be different.

Kesterner is only the manager of Huitong Bank, and he only knows about Huitong Bank's business. He is not sure how much money is the Earl of Queensland? How much is the income openly and secretly every year?

Only Li Fushou knew this account alone. He had several large pieces of income, including taxes in cities and towns, profits of Honghe Reservoir intercepted, profits of Huitong Bank, profits of various factories and mining enterprises under his command (including gold farms), rental income (privileges of city bosses), international trade profits, etc., and his annual income is more than tens of millions of pounds?

He needs to create an illusion for the outside world that although the Earl of Queensland is very profitable, he also spends money like flowing water and has high debts. He is a nouveau riche who does not know how to manage finances. The difference is a slight mistake.

Li Fushou has no need to explain to Kestener. No matter how he understands it, the 3.8 million pounds will be taken out anyway.

The warships ordered in the UK need to pay part of the funds, the expansion of the Shangri-La Island Water Police District requires funds, and the preparation of guns, ammunition and artillery requires funds. Once a conflict breaks out, a continuous stream of funds is needed.

所谓大炮一响,黄金万两.

If a conflict occurs or turns into a small-scale war, the soldiers must have bullets in their rifles, the warships need sufficient supply of shells, and sufficient logistics supplies must be prepared. The weapons and equipment required are a bottomless pit, and they must be prepared in advance.

It is of course the best not to fight. The weapons and ammunition that have been hoarded with huge sums of money will be converted into reserves on the spot, becoming the foundation accumulated by the Red River Valley. This situation cannot be considered a waste.

As a superior, you must not have the mentality of taking chances.

If all hope is placed on the intervention of London, the Dutch colonists may not dare to use force, the Dutch themselves are cowardly, or everything is worrying and nothing will happen.

If one day fails to fulfill one's wish, after the conflict broke out, the soldiers had no bullets, no logistics, and no strong support. What they lost was not just a war, but Shangri-La Island and the Red River Valley Ranch.

Everyone pushes the wall

Although the situation is very good now, it is like cooking oil in a fire. Li Fushou cannot afford to lose on major issues, he must not only beware of the Dutch, French, German and Americans, but also be careful of the British and prevent the British from stabbing behind the scenes at critical moments.

The Chinese in the Red River Valley are developing in full swing in Australia. Are those stubborn British conservatives unable to see at all? Will they let things develop in a direction that is beneficial to the immigrant group? Will they really take into account the title of the Earl of Queensland? Will they let the Chinese become bigger?

I'm afraid it may not be possible, maybe they are just waiting for an opportunity to take advantage of the situation.

The Great Britain is an expert in conspiracy and intrigue, and is notorious in this regard. The reputation of "European shit" is by no means in vain. It is mixed with countless continental powers such as France, Germany, Russia, Italy, the Netherlands, Spain, Austro-Hungary and other continental powers.

As long as the Earl of Queensland showed his weak lower abdomen, he rushed up and stabbed him hard.

对于这一点,李福寿深信不疑.

Perhaps a trap should be designed to let those hiding in the dark jump out and expose themselves to the sun like Speaker Edward.

Slim fingers gently tapped the table, and a mysterious smile appeared on the corner of Li Fushou's mouth...
Chapter completed!