On the 30th day of the third lunar month in 1644, the exchange officially opened after two days of preparation.

The day before, all the household owners who were recovered and received the "Pingliao Public Debt" credit card received a red invitation signed as "Beijing Public Debt Exchange", inviting all household owners to visit the exchange opening ceremony and participate in the government bond transaction. The invitation was beautifully printed, with a brief introduction to the "Beijing Public Debt Exchange". Some people speculated about what kind of government bond exchange is sold in this gourd. However, when everyone saw that the government bonds could be traded into cash, they immediately became interested.

Many people originally regarded the government bonds as waste paper, and some desperate people almost threw them away as garbage. Now that this government bond exchange has been opened, it seems that there is really hope to turn the government bonds in their hands into cash. Many people came to see what happened with a puzzled and hopeful attitude, or sent servants to find out clearly. There are more than 2,000 households forced to own the government bonds, and the number of servants sent by the household head or the household head is less than 1,000. In addition to the onlookers, the exchange is surrounded by three layers inside and three layers outside, and the scene is very lively.

Today, the unveiling and cutting the ribbon is Niu Jinxing and Prime Minister Niu, and Song Xiance. Wang Chengen strongly advocated asking Niu Xiang to cut the ribbon and unveil the ribbon. The picture is a "bull market". Niu Xiang is also a guy who likes to show off. Look at him, he is so excited that he is not very happy. After the unveiling ribbon is finished, he is still unwilling to leave. It was not until Song Xiance reminded that the boss was unwilling to go on the sedan chair and open the road.

After the unveiling, several large gilded characters of "Beijing Public Bond Exchange" shine in the sun. Huang Chenghao praised Chongzhen's calligraphy as perfect and round, and the inscription of the exchange was not thought of by the second person, so the exchange's sign was written by Chongzhen. Unfortunately, Chongzhen received a little money for the pen this time, only 100 taels. He complained in his heart that Huang Chenghao has worked in the Ministry of Revenue for a long time, so he is so fucking stingy! Li Zicheng is getting rich overnight now, so what money do you save for him!

The ribbon-cutting unveiling ceremony was completed, and a master of ceremonies announced that the government bond exchange was officially opened, and the government bonds could be listed for trading.

The emcee announced that anyone who wants to sell the bonds bids on the left, and anyone who wants to buy the bonds bids on the right. The bids for buying and selling are based on one tael of government bonds as the price of one tael of silver, and can float up and down, and the range of floating is not restricted. In fact, this is the same as asking for money on the spot. It is just like paying off money on the spot without being transferred privately by the government bond exchange, only because Dashun's government bonds adopt the advanced "real-name system" in later generations. After the transfer of the bonds, the original quotation will be invalid. The exchange will issue another new quotation with the name of the new owner and the seal of the exchange.

The owner of the household with the government bonds saw that he could sell it, and thought that if he didn't sell it at this time, he would wait for it. The first one was to shout:

"I sold 4,000 taels of public debt, and 4,000 taels of silver."

The tolerance for the seller's bid on the left was so loudly shouted:

"This person, please bring your public debt certificate and hand it over to the secretary, and the secretary will check the ticket."

A fat man in a blue silk shirt squeezed over from the crowd and handed the pass to the clerk to check. After checking, the clerk said, "Check it out" and then reported the tolerance:

"First, sell 40 lots of 4,000 taels of government bonds and offer one tael of silver."

When I shouted here, someone was talking about it below: This person has a problem and quoted such a high price!

The second seller was more practical and ran up to the subscriber and said, "I sold 20,000 taels of government bonds, and quoted one tael of government bonds and eight cents of silver."

The tolerance reported again: "The second place was sold for 200 lots of 20,000 taels of government bonds, and the offer was 8 cents of silver."

After the tolerance is reported, the tolerance responsible for listing is picked out from a pile of wooden signs. Each square wooden sign has only one word on it. Some have numbers written, some have "two", "money", and "divided". On the wall, there are fonts "thing", "position", "sell", and "quotation" are marked on the wall. After the wooden signs are arranged one by one, two rows of words appear:

First place ·Sell 4,000 twelve quotation 1,000 twelve

The second place is ·Sell for 20,000 taels and quotation for 8 cents

The one who has started selling the offer has already started, and the one who is responsible for buying the offer can no longer bear it, and asked loudly:

"If you want to buy government bonds, please bid."

This time, the opening of the business also issued an invitation to invite a group of merchants in Beijing. They were only forced to provide assistance to pay, but were not among the stolen goods. The Dashun Army’s salary assistance to genuine merchants was not strict, which was at the level of 1,200 taels, and most of them were not hurt. Huang Chenghao also hoped that among these merchants, someone would buy public debts. After receiving the invitation, there were quite a few merchants and merchant representatives who came today, and they also had "Pingliao public debts" of 1,000 taels. Most of them were looking at the market, not in a hurry to sell public debts, but when it came to ask them to buy public debts again, no one had the intention.

The following was quiet for a moment, and no one spoke for a while.

The onlookers then started to talk, and one said, "Do you think anyone will buy this Dashun Pingliao government bond?"

One said: "Only fools can buy it. Isn't this just a piece of blank paper? You really want others to pay back their principal and interest."

Another said: "To put it bluntly, this exchange may be used to cheat money again. Who knows what happened! You pay the money here to buy public debt, then send you a piece of paper, and then find them to run away. At that time, it was called Tiantian and Earth. Even the treasure money issued in the early Ming Dynasty later turned into waste paper, let alone this public debt! Unless idiots will be fooled!"

All such discussions are not optimistic about Pingliao's public debt. Yes, I was forced to buy the public debt and I just paid it back. No one believed that there were fools who had fallen into the trap and took the initiative to buy the public debt. It is rumored that Li Zicheng would run back to Xi'an soon, and a group of people sighed all day long with the "Pingliao Public Debt" and prayed to God and Buddha, just asking Li Zicheng's great success to not be so short-lived. Li Zicheng, my uncle, must hold on for one or two years! Otherwise, after you run away, the "Pingliao Public Debt" will be a piece of waste paper.

At this time, when I saw that there was no buyer, the people who wanted to sell the government debt could no longer sit still, and the selling orders were clamoring one after another:

"Sell 8,000 taels of government bonds under the quotation for seven cents."

"The small one sold two thousand taels of government bonds, and the offer was six cents and five."

"I sold 6,000 taels of government bonds and quoted them to six cents."

"The small one sold 4,000 taels of government bonds and quoted six cents."

"Here, sell 2,000 taels of government bonds and offer 6 cents."

"Selling 16,000 taels of government bonds under the quotation is five cents."

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The tolerance for selling the offer was rushing when the seller was in a mess, so he shouted:

"Don't be anxious, don't squeeze, come one by one."

After the selling quotes were hung on the quotes on the wall, the selling quotes were already a long time, but they were sold at no more than 20,000 taels. It is estimated that those who hold more than 20,000 taels of government bonds in their hands were the focus of recovering stolen money and were most of them did not have the courage to sell the bonds, and of course they did not believe that anyone would buy them. After the selling quotes reached five cents, no one shouted further. Yes, in a blink of an eye, the government bonds were half lost, and no one would hurt! These people who wanted to sell the bonds today were mostly household heads with poor wealth, and they were even more reluctant to lower the price easily. Five cents! It was half as long as they left, which was really more uncomfortable than cutting the money.

There was still no movement on the buying side. Huang Chenghao was anxious. Seeing that the selling orders outside were still coming, there was no one buying orders. He was worried that if the exchange continued like this, it was really unsure whether it could be done. Today, he was prepared and arranged a large number of military soldiers outside, but he couldn't do it every day like facing a great enemy. Then don't send troops to defend the battlefield every day! Eunuch Wang didn't see anyone at this time, and didn't know where to hide, so he was like playing tricks here, and couldn't think of any countermeasures.

At this time, some sellers couldn't help it. After the lowest quotation of the five-money quotation lasted for about a quarter of an hour, a seller quoted a lower price:

"Borrow it! Borrow it! Sell 6,000 taels of government bonds under the quotation for four cents."

At this time, all the people who had already quoted the price glared at him. This person was so fucking nothing! At that time, someone pointed at his back and spoke angrily:

"What a spendthrift thing! Did you steal the money?"

Another said: "I think this guy is here to sabotage him, beat him!" "Yes, beat him."

A group of soldiers surrounded him and naturally he didn't dare to beat him up. However, this man's price cuts arbitrarily aroused great public outrage, and they all wanted to poke his backbone, such as "explosive", "live treasure", "burning bags", "stupid", "silly", "things", etc., and his boundless saliva seemed to flood the man.

Wang Chengen's housekeeper understood the situation of the exchange. When the time came, he asked the servant to report to the master. Wang Chengen really wanted to go and see what happened. He thought it would be better not to come forward, so as not to be bad. If he didn't say anything, he might even make a fuss. He had to suppress his curiosity to watch the fun and ordered the servant to report it like this at any time.

On the side of the selling order, the "spending thing" who dared to quote a low price of four cents, and the buying order finally began to make noise:

"I bought 20,000 taels of public debt, and quoted one cent." Wang Chengen's housekeeper began to report the purchase.

As soon as the offer was released, a group of people who were just pursuing the offer price of four cents to sell were silent. They all stretched their necks to see which monster the offer buyer was!

When the buying order was officially hung on the right of the quoted sign on the wall, everyone finally came to their senses. So the surging saliva poured fire on the new target.

"Who is that? Who is crazy? Hey, a lunatic ran out of someone's house! Hurry up, why don't you pull him back!"

"Yes, this person must be crazy! One ounce of silver will be robbed!"

"This bastard has a problem, a penny! Humph! Be your dream of Qingqiu!"

"The toad wants to eat swan meat, tsk tsk! What's the point!"

"This man must have just been bitten by a mad dog. It's so crazy! Hey hey, hurry up and drive the madman out."

······

As the sound of cheering became less and less concerned, the tolerance had to come forward to calm it down, but the effect of calming was only a little smaller, and most people still squirted away a lot of snort.

Some onlookers couldn't see it anymore, and some people made dissident voices among the crowd:

"If you have the ability, you can buy it at a high price!"

The onlookers were watching the fun. First, they were just watching the sellers collectively condemning a crazy buyer. As soon as this sound came out, they realized that if even the only buyer was really driven away, the show would not be able to continue. So more people who saw the injustice drew their swords to help:

"Buy, trade, people must be willing to buy it! You care what price they offer. If you have a genital, don't sell it."

"It's already good if people are willing to buy this waste paper thing."

"Yes, yes, I think this person is a little crazy, but it's not a crazy person who wants to eat swan meat, but a crazy person who spends money to buy waste paper. He is a crazy person who is a prodigal person."

······

Everyone was drooling, but it did not hinder the normal progress of the transaction. After the trading order was about one stick of incense, the housekeeper sent by Zhou Guozhang reported the selling order in time:

"The next generation of the family owner sold 20,000 taels of government bonds and quoted one ounce."

After the listing, the transaction official knocked on the hammer and announced that the first transaction of 20,000 taels of public debt was sold at the price of one tael of public debt and one cent of silver. The screams and booed, and also the cheers erupted. Some sellers even sat on the ground, burst into tears, and regretted the public debts in their hands.

But it’s useless to cry. After the buying order was completed, the buying order on the right disappeared in an instant.

This transaction price is a fatal blow to the seller. I thought I could go back with 30% or 40% of the money, but I didn't expect that the market was so bad that I vomited blood. A group of household owners who were not waiting for the money to spend saw that there was no hope of selling at a high price, and did not continue to waste it, and they all hurriedly left.

After about a cup of tea, someone paid 20,000 taels of government bonds to buy it, and the price was still one yuan.

At this time, those small-scale owners who were eager to use money saw that someone had opened a purchase order, but they couldn't care about so much. The two thousand, the four thousand, and six thousand taels of public debt were sold on the selling order, and the quotation was also one yuan. So the second order was traded. According to the rule of first quotation, the last one sold order was only 2 thousand taels, and there were still 4 thousand taels to continue to be sold there.

Of course, he didn't wait long, and soon someone offered a 20,000 taels to buy his government bonds.

······

This is the case on the exchange's trading day. No one cares about it if anyone sells a quota of silver. As long as anyone sells a quota of silver, someone will buy it immediately. Of course, most people are unwilling to sell it at this price of vomiting blood, so the whole day's trading is only 432,000 taels of government bonds. The buyer only spent 43,416 taels of silver, of which 216 taels of silver were transaction fees.

Regarding the ribbon-cutting of Prime Minister Niu, Wang Chengen and Princess Kunxing celebrated a little. According to Princess Kunxing's new plan to stay in Beijing, the princess was officially responsible for Chongzhen's capital operation. Zhou Guozhang sold only 40,000 taels of government bonds, and the others were cut and sold by those small households. Chongzhen used only less than 40,000 taels of silver and bought 388,000 taels of government bonds. Wang Chengen bought 20,000 taels of government bonds. The other two were 24,000 taels of government bonds, of which Huang Chenghao bought 10,000 taels of government bonds. This is easy to understand. Huang Chenghao just made a statement with his actions. Unexpectedly, Jin Zhijun also bought 14,000 taels of government bonds!

In the face of bear market, those who dare to take action are either rookies or masters! Can this Jin Zhijun be said to be rookies? He is clearly a master!

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Chapter completed!