Several people left the workshop and sat down to have tea in the living room. Xie Lunhui was still looking at the banknotes in his hand. The banknotes printed this time were divided into four types, the smallest was five li, then the cent coins, then the cent coins, and finally the yuan coins. Except for the five li coins, the other ones were one, two, and five, and the highest one was ten yuan. In addition to the appropriate patterns, the corresponding numbers were Manchu and Mongolian.

After reading it, Xie Lunhui asked, "Xiao Xu, do you want to send more money outside the pass?"

Wang Jitong said: "Yes."

Xie Lunhui said: "The situation outside the pass is chaotic. Besides, when will the war between Russia and Russia be over today?"

Wang Ji Tong said, "There will be a day when it is over. No matter which country wins, the business will still be done. Besides, the East Road is still in peace now. These banknotes were originally intended to be used in the East Road, Fengtian, Niuzhuang and Liaoxi, but I dare not go to the parts of Fengtian, Niuzhuang and Liaoxi."

Wang Jitong's statement Xie Lunhui agrees that Niuzhuang has been in business for decades, and all countries have deep relations there. As for Fengtian, no matter who owns Japan and Russia, they are unwilling to spit it out. Japan's Kim Jong Bank and Russia's Daosheng Bank will regard it as their territory. Now Wang Jitong's layout is only along the Antong-Bong Railway, which is still feasible.

Xie Lunhui nodded in approval and said, "The last time Hanzhang said that he would transport the bean cakes and soybean oil outside the pass to Liangjiang, Fujian and Zhejiang. Should he use paper money to collect goods outside the pass? After the goods are sold, the silver will be transported back to the pass outside the pass?" In Xie Lunhui's view, whether it is a private bank or a bank, the banknotes are all loan certificates. If you sell the goods in the Northeast, then after the goods are sold, you will naturally have to transport the money back to the pass outside the pass to exchange for the previous pass. Only in this way can you generate credit.

This simple monetary concept has a positive and inappropriate side in a society that is gradually commercializing. After all, in modern commercial society, the economy can be controlled by regulating interest rates and the total money supply. Wang Jitong could not explain such profound things to Xie Lunhui. He only said: "Bean cakes have a long-term fertilizer effect. It is much better than usual farm fertilizer. Sugarcane fields in Guangdong and Guangxi generally like to use this fertilizer. Liangjiang, Fujian and Zhejiang are also used in places such as Liangjiang, Fujian and Zhejiang. If you bypass the intermediate grain store, the merchants will collect it directly outside the customs and then transport it to farmers after processing. The profit is still quite abundant. As for soybean oil, in addition to eating, if it can be used to make foreign pancreas, the profit will be even more abundant."

Northeast is the main production area of ​​soybeans, but according to the basic analysis of data, the Northeast is export raw materials, and the pricing power and most of the profits are basically mastered by foreigners. Since it has gained a foothold in Northeast China, Yang Rui does not want to be a coolie who only farms at the bottom. It is necessary to fully understand the entire industrial chain like the MSG industry. Last year, the soybean oil hydrogenation experiment began - thanks to the high school chemistry textbooks, the fourth chapter of the basics of organic chemistry is the equation of the hydrogenation of oils. The specific vegetable oil hydrogenation research experiment has been carried out for a while. Although there are no major results, the soybean oil base produced by the mainland now has 20% to 30% of the soybean oil base. Although the soybean base produced by vegetable oil is too soft, the small proportion of oil in the oil still has little impact on the product, so the cost can be saved by 10%. If the process problem of soybean oil hydrogenation is completely solved in the future, the hardness problem of the soybean base will naturally be solved, and the profit of soybean production will be completely better than that of MSG.

Xie Lunhui didn't expect so many things. In his opinion, as long as the bean cakes shipped out, soybean oil will not lose money in Shanghai. If you can repay the debts outside the customs, you won't lose money, then this bank can do it. He stroked his beard and said, "It's so good, so good. But has Xiao Xu ever heard of the depreciation of copper coins?"

Seeing that the elders had some advice, Wang Jitong hurriedly bowed with both hands and said, "I would like to ask Mr. Lenghui for advice."

Xie Lunhui didn't want to show off, but just as an elder's advice to his younger generation, he said: "This copper yuan was rare before Gengzi, but it began to spread after Gengzi. Now, the copper material bought by one or two pass silver can be made 252 copper yuan, but if these are cast into 50 or 100 copper yuan, and then exchange for one or two pass silver, it only takes 140 pieces. In this way, one can get 112 copper yuan. If

It is a copper coin that adds lead, zinc and other substances, or a hundred-cigarette copper coin. This profit is more than one or two, but double the profit. Now our Qing Dynasty has 16 mints and 846 casting machines, which can cast more than 160,000 pieces a year, and each of our 400,000 people in the Qing Dynasty will have 40 pieces. So many copper coin fill the market, and one day there will be something big. Xiao Xu wants to run a bank, so he must pay attention to this copper coin."

What Xie Lunhui is actually talking about is that the government issued currency indiscriminately, which caused the currency to depreciate. It is just that the Qing Dynasty sent out indiscriminately was not paper money but copper coins. Wang Jitong still understood the concept and said, "If this continues, there will be chaos one day. Will the court not take care of it?"

Xie Lunhui smiled and said, "If you can mint million coins a day, the annual income will be more than one million taels. How could the local governor be willing to stop with such a huge profit?" He stopped and took a sip of tea.

With kindness, the listener was interested. Wang Jitong couldn't help but wondered whether he could take advantage of the opportunity of the copper coins depreciation in the future to occupy Liangjiang, Fujian, Zhejiang, Lianghu, and other places. He asked with the printed five-li and five-cent banknotes, "Mr. Lenghui, this copper coins will depreciate significantly in a few years. I just don't know if this kind of small banknote can be issued in Liangjiang at that time. If it is feasible, how should we prepare?"

I was originally thinking of kindly warning Wang Jitong not to mess with the copper coins, but he could not expect that he could still use attacks to attack and turn disadvantages into favors without giving away. Although it was a bit taken for granted, his idea was still very constructive. After drinking tea, Xie Lunhui said, "Xiao Xu, now the Yangtze River is the world of British people. Foreigners' banknotes are circulated in Liangjiang, Fujian and Zhejiang. If we send paper money here, not only will we steal HSBC's business, but other foreign banks will not sit idly by."

Seeing Wang Jitong listening, Xie Lunhui paused and said, "The money industry in Shanghai first came the Piaohao, but after Mr. Xueyan, the Piaohao went bankrupt, and now it is mostly money houses. These money houses can be basically divided into four types, namely Yuan, Heng, Li, and Zhen. The division of labor is different but they are interdependent. Foreign banks gather all the things that these fourth-class money houses do in one place. If Liangjiang wants to issue paper money, then naturally the banks have to open all counties, which will inevitably be incompatible with the money houses in various places."

Xie Lunhui has been working in the money industry for decades and has a very good understanding of the depth of the water. Skip this topic. Xie Lunhui said again: "Ade said the last time, Xiao Xu asked me to help me find some people who are proficient in Western Bank to help me run a bank in the Northeast. I guess I heard that I have participated in the management of the Commercial Bank. In fact, the daily affairs of this bank are all foreign-level teams. I will only help Mr. Shan and Mr. Chen to advise. If Xiao Xu wants to find someone who is proficient in Western Bank, it is better to find foreigners."

Wang Jitong originally wanted to find someone from Xie Lunhui, but who knew he was so rude. Tongshang Bank just found an American to be a foreign senior class, and his salary was ten times that of the Chinese senior class, but he was recommended by HSBC. If he found such a person, he would not talk about internal tranquility. HSBC knew the internal situation of the bank well. He could not let foreigners do large classes, especially those in the banking industry in Shanghai went to the bank of the Revival Association to do large classes. After Xie Lunhui finished speaking, he said goodbye and left.

Xie Lunhui had left, and Wang Ji and his wife were about to go to Yu Huizu to discuss matters. Zhang Kun, who had just greeted him next to him, had something to say, "Sir. The student has something to say."

Zhang Kun is the first batch of excellent trainees in the management training class. Because he is meticulous in his work and is diligent in his life, Wang Jitong arranged for the financial side of the family. Because the banknote printing factory is all foreign teacher coaches, Zhang Kun asked him to assist him in his knowledge of pidgin English. Under his management, he managed the banknote printing factory in an orderly manner after a few months. Because he was from a money house family, he could tell some things about what Xie Lunhui said.

Wang Jitong knew Zhang Kun’s character and knew that he must have seen what he said so, so he sat down again and said, “Tell me.”

When Zhang Kun saw that Mr. Lenghui agreed to make a statement, he was delighted and said, "What Mr. Lenghui said just now is that there are real things and... untrue things."

Wang Jitong was a little surprised and said strangely: "Well. Let's talk about what Mr. Lenghui said is true and what is wrong."

Zhang Kun said: "Mr. Lenghui's copper coins are real, and it is unreal that what he said cannot be issued in Liangjiang." After he said this, he looked at Wang Jitong and saw that his husband began to think. Knowing that his words had attracted the attention of his husband, he continued: "The depreciation of copper coins is now obvious. Last year, one Yangyuan in Shanghai could be exchanged for eighty copper coins, but now one Yangyuan can be exchanged for ninety-four copper coins. In time, I am afraid that one Yangyuan will be exchanged for two hundred copper coins in a few years."

Seeing Wang Jitong nodding, he said: "If the goods from the Northeast are transported and sold to Liangjiang, Fujian and Zhejiang, the copper coins collected can be exchanged for silver coins from vendors locally, which will be no longer risky to the bank. The only reason is that the redemption loss must be added to the price of the goods; the other is to collect copper coins from vendors from all over the country, and then transport them to Shanghai for redemption. This can reduce the redemption cost and reduce the price of the goods, but this risk is in my opinion. Both methods are feasible, as long as someone can't make a big mistake.

Just now, Mr. Lun wanted to use the depreciation of copper coins to issue them in Liangjiang, Fujian, Zhejiang and the two lakes. Mr. Lenghui just said that foreign banks would object. Students saw that foreign banks such as HSBC would not be small banknotes. Besides, they basically do business with money banks, foreign banks, big banks, and prefectures and counties. No one can do it, and they don’t care about doing it. As for local money banks, they may object to the establishment of our bank.

But there is no way to issue paper banknotes. This bank generally has little capital, such as the large bank in Shanghai, only 30,000 to 50,000 taels. If it is in a prefecture, it would be great if the bank had tens of thousands of taels, and the small ones were about one or two thousand taels. Such strength was not enough to run against our banks. If you are not at ease, you can continue to do business like Qichang Shipping Company, and you can do business with foreigners. If you want to come to the prefecture and county money houses, you dare not object."

Although Wang Jitong is serious, he does not pay much attention to the rules of the whole country. He is a rebel. There are so many rules, so he did not think anything was wrong with Zhang Kun's bold recommendation. He thought for a moment and said, "Xingjian, it is not impossible for you to go to the Northeast. The important thing is that someone will take over the affairs of this banknote factory. If Tao Fu wants to go, you must agree with Mr. Lenghui. If you don't agree, it will be difficult to go."

Zhang Kun was overjoyed when he heard this, but he was ecstatic, but his face did not have much smile. But his eyes suddenly became very bright. He said, "Don't worry, if you want to go to the Northeast in the past few months, you will definitely explain the matter of the money printing factory, and Taofu will definitely ask Mr. Lenghui for his opinion."

Wang Jitong nodded and stopped talking. Zhang Kun and Xie Taofu were still good. They were familiar with money affairs and were steady. He was relieved to send him over. But this person who took the lead should find another person. If it really doesn't work, he can only let the United States see if there are suitable Chinese people. If it doesn't work, he can only let the foreign devil Lao Mai find a foreigner class in the United States. Of course, these were just a turn in his heart. He is still thinking about the banknotes and copper coins he just said. If it can be done, then the revolution will be successful in the future and the revival will clean up the financial currency.

Wang Jitong hurried out of the money printing factory and headed straight to the Sima Road Instrument Hall. Today, in addition to meeting with Mr. Lenghui, there are two other things to do. This is the meeting with Yu Qiaqing and Yu Huizu for the second thing.
Chapter completed!