735 Fuso Bank
Standing on the Tensou Pavilion in Osaka Castle, enjoying the summer Japanese market scenery. This unique delicacy is placed in front of you. Then there is a mouthful of authentic chrysanthemum sake. A faint breeze hits the Tensou Pavilion and a faint fragrance of flowers came from the Tensou Pavilion.
The war has ended for more than a month. Since the Shogun and the four Southwest Domain Lords reached a secret agreement with Xiao Lotte, the reconstruction of Osaka Castle has begun.
Refugees who escaped from all directions returned home one after another. The destroyed ruins began to be rebuilt. Smoke began to rise in the city. The long-lost popularity replaced the previous Xiao Sha.
The Southwest Alliance and the Shogunate Army have begun to retreat in batches. Now both sides have retained two thousand symbolic armies. The camps of one east and one west are divided by the Ryukyu Marine Corps.
The most difficult time had long passed. Just when Emperor Tongzhi was assassinated and Tokugawa Keiki came to apologize with the four vassal lords. Their compensation plan was completely rejected by Xiao Letian.
Just when they were discouraged, Prime Minister Xiao of Donghai once again showed his kindness and brought back all the names who were already on the edge of the cliff.
Tokugawa Keiki never expected such a good thing to happen in the world. He originally thought that he had to give the little emperor a huge sum of compensation to get the understanding of the Emperor of the Qing Dynasty. However, Xiao Letian did not ask for a penny. Instead, he came up with a very novel compensation plan.
Reimbursement with shares. Lotte Bank, Tokugawa Shogunate and the Southwest Four Families jointly invested and established Fuso Bank. Among them, Japan occupied 60% of the bank's shares at the cost of mining rights of Ishimi Ginyama and Sado gold mines. However, the agreement specifically emphasized that the administrative rights of the bank will always belong to Lotte Bank.
How to divide these 60% of the shares in Japan is the private negotiation between the general and Daming. The remaining 40% of the shares Aisin Gioro Zaichun holds 25% in his personal name, while Lotte Bank only holds the last 15%.
Lotte Bank has the least shares, but it has the management rights. It seems unreasonable, but everyone has no objection at all.
First of all, no one else has the experience of running a bank. In the end, Fuso Bank relies on a few gold and silver mines with almost exhausted resources. It is unsure of how much money can it make.
Secondly, it is absolutely impossible for old mines in Japan to increase production without high-tech transformation. This investment depends on the preparation of Lotte Bank. Since everyone is ready-made, there are not so many opinions.
Finally, one very important reason is of course because of Xiao Letian's army. Such a powerful army is stationed in Japan. Not to mention the management rights of a bank. Now even if several national policies are formulated for Japan, the shogunate and daimyos in various places must obey them honestly.
Why did Xiao Letian prepare to build the Fuso Bank? In fact, what he values is not those silver mountains, but Japan's right to mint coins. This is the gold mountain that will never be exhausted forever.
Since the establishment of economic and cultural ties between Japan and the Central Plains in the Tang Dynasty, Japan's right to mint coins has been controlled by mainland civilization. Although some gold and silver vessels can be minted in Japan, bronze smelting technology has never been possible.
Tang coins, Song coins, Ming coins, and now Qing copper coins are all mainstream currencies in the Japanese market. For thousands of years, Japan has not minted a few strings of their own qualified coins.
It is conceivable that a country does not have the right to mint coins. Then their economic activities can only become vassals who provide currency. Many times, the Japanese use their own domestic limited goods such as gold, silver, saltpeter, sulfur, and sauna to bring them to China. They don’t buy any Chinese goods, which is used to exchange for copper coins minted by China.
There is no way. Commercial circulation in Japan requires a small denomination currency such as copper coins. How could ordinary people settle accounts with gold and silver? Their only choice is copper coins.
The entire history of currency in the Middle Ages in Japan was completely in a state of thirst for copper coins. The more copper coins needed in the market, the more valuable the copper coins were. The more valuable the things the people liked to collect. But the more they collected, the more scarce the money was. This is a vicious cycle.
Xiao Letian has long seen the core of the problem. The current situation of Japan's precious copper, gold and silver is actually because the market has severely lacked small amounts of currency in circulation. It can be said that whoever can solve this problem can control Japan's economy.
Since Fuso Bank has developed the gold and silver mines in Japan, it naturally has the right to cast gold and silver. Whether I cast gold and silver ingots into gold and silver ingots? This is my freedom. Even if I stamp it into Ryukyu dragon-patterned silver coins, as long as I am not short of weight, no one can care about me.
OK. Since Fuso Bank can mint gold and silver, can it be issued banknotes at the same time? This is not impossible. Since there are a large number of gold and silver reserves on the security line in the bank, why can't banknotes be issued?
The mantis stalks the cicada and the oriole is behind. Xiao Letian's must-kill knife is actually very deep. As long as the banknotes are issued smoothly, a large amount of gold and silver will definitely accumulate in his warehouse. This money will not sleep well. Many basic investments can be carried out in secret.
Just as Xiao Letian was looking forward to a bright future, there was a sound of footsteps from outside the Tianshou Pavilion. Master Long walked in and sent the Prime Minister an emergency telegram from the country.
"The latest information from the Prime Minister came from the capital. The court is preparing to forcibly levy Lotte Bank's debt of 10 million taels. Now the third master is trying to rush to the old shopkeeper in Tanggu... The old shopkeeper has never let go."
Xiao Letian was stunned, "I sent another 10 million in debt. Do they really have the courage to cross the sea to fight Japan?"
Master Long smiled and said, "Chun Shisanniang has already found out clearly in the capital. In fact, it is all based on the assassination of His Majesty. The real purpose is still for money. Of course, if you have money, you will be harder. Then you will be more tough when negotiating with Japan..."
This news was not sent in the form of a secret telegram. Many officials saw this information. In a short while, the news reached Emperor Tongzhi's ears.
The little emperor didn't understand the trick here. He quickly ran all the way to find his master.
"It's so unreasonable. How could the court be so chaotic? The master's money is also from countless investors in the world. Lotte Bank is related to the interests of millions of people. How can you say that you need money if you want money? Well, it's too unreasonable..."
Xiao Letian watched Zaichun sitting on the tatami and acting hard. He smiled but didn't say anything. In the end, the little emperor couldn't hold back. "Master, please calm down. If it doesn't work, I will issue an order to the capital and stop them from making trouble..."
"Is it really a nonsense? I heard that the Ministry of Revenue is now empty and there is no silver in the warehouse. Some provinces have received the money, grain and taxes for 20 years in Tongzhi. Some people want to increase the tax..."
Zaichun's face turned red, "Yes. I heard that too. The imperial court has been fighting for wars these years. It's really no money..."
"Since my apprentice is filial, I won't worry. I'll send a telegram to Tanggu and tell them not to meddle in other people's business..."
"Don't...don't." Zaichun suddenly became anxious. "That... if you really can help, then help me. Don't say ten million taels. Otherwise, you can solve the problem of seven million taels..."
"Six million..."
"Four million is OK..."
"Oh my good master. Even if you feel sorry for your apprentice, can't you solve it for three million..."
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Chapter completed!