The Ming Dynasty’s Prodigal Son - Chapter 1657
[1657. Chapter 1575 Who is in favor and who is against]
For banks, the risk of bank runs is huge.
Now, since Wang Jinyuan intends to inherit Fang Jifan’s legacy, he must buy back stocks no matter what, and save the stock price from suffering, so he needs more funds.
But if the squeeze continues, it will be like a fire in the backyard, making the entire Xishan even worse.
As for the promise made by Her Royal Highness the Princess, it still made Wang Jinyuan a little worried.
But at this point, all we can do is burn everything.
He immediately returned to the bank and ordered all the shopkeepers to take action.
On the exchange, a large amount of funds are still being injected, and stocks are being repurchased like crazy.
This stock, which had been plummeting, finally started to show some signs of recovery.
Wang Jinyuan is undoubtedly taking a big gamble.
Because although he had transferred tens of millions of taels of silver from Xishan Bank and even kept a large amount of funds as reserves, it was still unknown whether the stock market could be restored before the funds were exhausted.
It was only at this time that some commercial banks saw that Xishan Bank began to inject funds, and finally took action, and some people began to enter the market. Of course… most of them were extremely cautious, fearing that the ship would capsize.
The only good news is that as a large number of stocks began to be bought back, the momentum of crazy selling was blocked.
But…
for Xishan Bank, it was a time of life and death.
Such large-scale capital deployment originally made many people doubt whether Xishan Bank had sufficient reserves. Suddenly, a wave of runs finally began to break out.
Countless people are worried that the Ming Dynasty banknotes in their hands will become useless paper.
More and more people are afraid that at this time, the bank’s reserves will be exhausted.
As a result, more and more people come to exchange real money.
Among them, there are quite a few people who are unhappy with Xishan.
They were happy that Fang Jifan was dead.
As a result, the stock price and the price of the mansion plummeted, but they found that they were the ones who suffered the most.
Their hearts bleed.
But he did not hesitate to cut off his arms to survive.
Therefore, they immediately denied the loan and would rather have their mansion, fields, and land mortgages confiscated by Xishan.
Now…most of them have lost all their wealth.
The house is gone, the family land is gone.
nothing left.
Maybe… some people still have some treasures in their hands, and the only thing that comforts them is that they still have an official position.
Therefore, they had to comfort themselves, leaving the green hills and not having to worry about running out of firewood. Even if Fang Jifan, that dog-like thing, died, it would still make everyone uneasy. Well, if our family is ruined, will the Fang family still have a good life?
The big deal is that the fish will die and the net will break, let’s all work together.
Xishan Bank is definitely coming to an end.
Seeing the crowds of people who came to rush, Zhou Tao, whose land and mansion had been confiscated before, was extremely happy.
This is the only good news during this time.
The land in his hometown was gone, the house was confiscated, and Xishan issued a forced relocation order. For a moment, the Zhou family was wailing, but although Zhou Tao’s heart was bleeding, he could think of… This was to carry forward the Holy Jue School. Grit your teeth and move.
There were dozens of people in the family, so they had no choice but to dismiss their servants and find a small building like a matchbox to live in. Their life was not comfortable, and Zhou Tao was depressed.
There are only a few hundred taels of treasure money left in his hand. This is the last piece of wealth.
At this time, what else can be done?
That day he took the banknotes and went to the bank, only to see that the bank was crowded with people, and there were people running around everywhere. Many people were afraid that they would be behind in the queue and would not be able to get their gold and silver back. They were extremely anxious and crowded. .
Although the bank has repeatedly assured that there will be enough gold and silver for everyone to exchange, people are still anxious.
What happened in Beijing in the past few days has made everyone frightened. Many people have their entire life’s wealth in this bank.
Looking at the chaotic crowd, Zhou Tao felt secretly happy. On the one hand, he was worried that he would not be able to get back his gold and silver. On the other hand, he wished that the Xishan Bank would fail.
………
In fact, the bank’s savings are about to be emptied.
Because the printing of treasure banknotes is equivalent to gold and silver, but as asset prices continue to skyrocket, bubbles still exist.
In other words… the printed treasure banknotes are actually much more valuable than the gold and silver reserves.
Now suddenly there are so many people using their treasure banknotes to redeem them, which is adding insult to injury to the already strained Xishan Bank.
But at this time… Zhu Xiurong, dressed in plain clothes, arrived at Chenji Trading Company in a carriage.
Chen Ji Trading Company is engaged in car dealer business, with a large scale, and it is a leader in the capital and Jiangnan.
Because of this kind of business, the cash flow is large, so there are countless treasures in hand.
Surrounding the carriage were several eunuchs and dozens of guards.
Everyone in the Chen family was extremely surprised when they heard that Her Royal Highness the Princess came to visit.
So, Chen Shang, the head of the Chen family, quickly led his sons to the middle gate to greet him.
Zhu Xiurong walked slowly to the hall and sat down.
Chen Shang served carefully, guessing Zhu Xiurong’s intention.
Zhu Xiurong sipped the tea casually.
She had stopped crying now, but she still looked haggard.
Then, she spoke slowly: “The Chen family is one of the best in horse racing, but I heard that there are some difficulties in business now?”
Chen Shang said hurriedly: “Yes, there are some.”
“Hey, now is a difficult time for the community. At that time, everyone was in trouble. Although my husband has gone, he once mentioned the Chen family and said that he was smart and he should make a fortune. “
“Ah, Qi Guogong actually mentioned the villain?” Shang’s mood was complicated. In any case, although he had no friendship with Fang Jifan, from the establishment of the new city to the Chen family’s fortune, to a certain extent, Chen Shang followed the rise of Xishan and became what he is today, so he and Fang Jifan Although Fang Jifan did not know him, he had admired him for a long time.
“This is natural.” Zhu Xiurong said calmly: “My late husband passed away, and now at home, only orphans and widows are left. Alas… Although I am the daughter of the emperor, I have already made plans. She will be born into the Fang family. Man, this is the fault of the Fang family. There are many things I don’t understand about handling the family business. I need to ask more gentlemen for advice in the future. “
“No… I don’t dare… I don’t dare.” Busy waving hands.
Zhu Xiurong stood up, bowed to Chen Shangfu and bowed.
Chen Shang didn’t dare to accept it, so he immediately knelt down and said, “Your Highness, you are a villain, you are a villain.”
Zhu Xiurong said a few more words, and he said that Chen Ji Trading Company has done a lot for Xincheng over the years. , and said that the first seven days were coming, and asked the Chen family to pay their respects, and then stood up and said goodbye.
Chen Shang respectfully sent Her Royal Highness the Princess out of the mansion. When he saw Her Royal Highness’s car driving away, he turned around in a daze and said to his eldest son Chen Ye behind him: “Hurry up and find the person back immediately. The one in our hands is More than one million taels of treasure banknotes are no longer redeemable… Hurry up…”
Chen Ye looked stunned and couldn’t help but said: “Dad, why are you not cashing it? People say that this treasure banknote is probably not stable, so it’s better to redeem it for real. Gold and silver are good.”
“You know nothing.” Chen Shang frowned and slapped Chen Ye directly.
He glared at his son with hatred and said sternly: “You shameless thing, haven’t you understood what’s going on until now? Her Royal Highness the Princess came to the door in person. How lucky is this for the Chen family? Do you think Her Royal Highness the Princess is here? What are you here for? She mentioned Qi Guogong in the first sentence. What is this? This is emotional. Without Qi Guogong, what would our Chen family be like today? After that, His Highness said, She was born as a member of the Fang family, and died as a ghost of the Fang family. This is called Xiao Zhili. This tells us that the Fang family has not yet crossed over. There is no Duke of Qi, and Her Royal Highness Princess Taikang. Behind Her Royal Highness Princess Taikang is The palace is the court of the Ming Dynasty. At this time, we must not make trouble for Xishan. Otherwise, even if Xishan cannot be saved, can she still kill our Chen family?”
Chen Ye sweated profusely after hearing this, but said silently in his heart, “I Look, Her Royal Highness is very polite.
I saw Chen Shang gritting his teeth again and said: “After that, Her Royal Highness the Princess stood up and saluted me. She is a noble lady from Tianhuang, and is the daughter of His Majesty. How can I be so virtuous and capable? No matter what, I am worthy of receiving her courtesy.” ? What is this called? This is called receiving no reward for no merit. For Her Royal Highness to salute a lowly businessman like me for Xishan, it shows that she is determined to protect Xishan at all costs. She can condescend to salute. You are not polite to anyone who does bad things. How many lives does our Chen family have to fight against her? Do you really think that Xishan has been prosperous and prosperous all these years just because of business? “Chen?
” At this time, Ye was finally frightened out of his mind.
Chen Shang added: “When we were chatting just now, she talked about some business matters. It seems that she has done her homework. This means that she has a clear understanding of our Chen family’s business. She knows that we This means that we can share wealth and wealth, but we must also share hardships. If you don’t share hardships with her, when Xishan is over, our Chen family will also have to be buried with her.”
“And… we will send it off in person. Didn’t you take a closer look at her carriage and horses? Her carriage and horses were not going back towards the west mountain, but to the east. Not far to the east is the Desheng Trading Company, which sells rice. The person she is visiting is not from our Chen family. I am afraid that in this capital, she will visit every merchant with a surname. You bitch, do you understand what this means now… I can’t tell…this Xishan. The bank is really saved, adding insult to injury at this time, isn’t this asking for death? Pass on, we are grateful for Qi Guogong’s kindness. At this time, we should live and die with Xishan. We are not allowed to redeem even one or two of the treasures in our hands. By the way, we will check at home. We will check how much cash we have left, and save some ourselves. The rest will be sent to Xishan Bank to be converted into Ming Dynasty treasure banknotes. At this time, we can no longer care about personal gains and losses, and we rely on one of them to do business. Just take a longer view. In such a situation, you are going to die anyway, so why not follow the Fang family and find a way out?”
(End of this chapter)
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