"Bank bankers have their own rules, and Yuanqi Bank is no exception. Since the establishment of Yuanqi Bank, it has set a strict rule - mortgage loan." Yi Zhizu looked straight at Qishan and said without any haste: "The reason why Yuanqi has been able to survive several runs is still as stable as a rock, which is the foundation of Yuanqi Bank's establishment. The court wants Yuanqi to bear the 10 million taels of silver treasury bonds, and it also needs to be mortgaged."

The imperial court still needs to mortgage the issuance of national debts? Qi Shan's face was expressionless, but he was a little angry. He was not unaware of the rules of bank accounts. Generally, bank accounts are credit loans. Only when he thinks that the customer has no ability to repay, he needs to mortgage it. Yi Zhizu's words clearly do not believe in the court's ability to repay.

After pondering for a moment, he said in a deep voice: "What kind of mortgage does Yuanqi need? What is the tax in Guangdong Province?"

The other party's tone seemed a little bad. Yi Zhizu smiled distractedly and used the taxes from Guangdong Province as collateral. Not to mention that the other party was not serious, even if it really had this meaning, he would not agree. At that time, the governor of Guangdong and Guangxi and the governor of Guangdong would not release the taxes to Yuan Qi. Could it be that if he still used troops to rob him?

"If you use taxes in a province as collateral, it will damage the prestige of the court if it is spread." Yi Zhizu said calmly: "I agree and support the issuance of treasury bonds in the court. I also hope that the court will issue the government bonds for the first time. Yuanqi Bank will also issue them to the outside world to accept these tens of millions of treasury bonds. Only in this way can it be truly called issuing treasury bonds. If it damages the prestige of the court, it will be extremely unfavorable to the issuance of treasury bonds."

After hearing this, Qi Shan was a little surprised. The other party seemed to be shirking his responsibilities, but was really planning to take over the tens of millions of national debts. Of course, he knew that if the first batch of national debts could be issued smoothly, it would be of great significance to the court. This time, the ban on smoking in Guangzhou, why the court was afraid of starting the war lightly was simply because there was no money. If the treasury bonds could be issued, the court would be much more tough.

Although he knew what the purpose of Daoguang proposed to issue 10 million treasury bonds at this critical moment, compared with the two, it is more important to successfully issue these treasury bonds. Moreover, Yuan Qi still took over the treasury bonds from the court in such a situation, which is not worth it. Let the court rest assured? Besides, if you have ten million treasury bonds in hand, you don’t have to worry about Yuan Qi’s troubles.

After a moment of saliva, Yi Zhizu continued: "As a Futai businessman, he is inevitably engaged in dealing with the barbarians. He has repeatedly heard barbarians complain that the customs tariffs of Guangdong are not transparent, and various complex rules have caused barbarians to complain. He intends to try customs innovation and imitate the customs management systems of Western countries."

Qishan frowned and said, "Use Guangdong Customs tariffs as collateral?"

"Guangdong Customs is at a high level at home and abroad, and should not be used as a pilot for implementing customs reform." Yi Zhizu smiled and said, "It is Jiang Customs who are interested in it."

Jiang Customs? Qishan was surprised again. Among the four customs of the Qing Dynasty, Guangdong Customs, Fujian Customs, Zhejiang Customs, and Jiang Customs. Among the four customs, Jiang Customs has the lowest tariff, with a positive surplus plus one piece, and the annual tariff is less than 70,000 taels of silver. Why did Yuanqi use Jiang Customs' tariffs as collateral?

He was a little puzzled. The annual interest rate of 10 million taels of national debt is at least 600,000 taels. What can the Jiang Customs’ annual tariff be compensated? Is this kid trying to get the supervision of Jiang Customs—this third-rank title? Or is it to act like a show and not break Yuanqi’s rules?

Seeing Qishan pondering and silent, Yi Zhizuo was secretly proud. No one knew better than him. After the Raven War, Shanghai opened a port, and Jiang Customs became the largest customs in the Qing Dynasty in just over ten years. As long as he could now control Jiang Customs with just a legitimate reputation, the court who was waiting for him was deceived, it would be a dream to take back Jiang Customs from him.

The issuance of 10 million taels of national debt was mortgaged by a Jiang Customs with a tariff of only tens of thousands of taels per year. He did not believe that the court would disagree. Moreover, he also said that the Jiang Customs would be used as a pilot for the Qing customs reform. For the court, the court would have all the money and face. As for the supervision of the Jiang Customs of a mere third-rank, it is worthy of rewards, not to mention Dinghai's military achievements, but to take over 10 million tons of national debts for Yuan Qi.

This is the first time Qishan has dealt with Yi Zhizu. He doesn't know the other party's temperament, but he knows very well that this kid can take charge of Yuan Qi at a young age and can also make a living in the officialdom of Guangzhou. It is obviously not that simple. There is probably another reason behind the use of Jiang Customs as collateral.

After pondering for a moment, he spoke: "Can you tell me? Why should you use Jiang Customs as collateral?"

After hearing his question, Yi Zhi couldn't help but smile, took out a cigar, and said, "I'm used to smoking cigars when I'm used to thinking about things, don't you mind?"

Qi Shan raised his hand and said with a smile, "Sincere enough, there is no need to be restrained." But he thought to himself that this kid is really not at all stage frightened, and he is very relaxed in front of him, the imperial envoy. You must know that he is both a Grand Secretary and a Governor of Zhili, with a high position and a powerful sage, and ordinary third and fourth-rank ministers are cautious in front of him, so how dare they be so arrogant.

Yi Zhizu was actually taking the opportunity to light a cigarette. He lit the cigar slowly and took a sip. Then he said slowly: "The essence of doing business is a win-win situation. Otherwise, the business will either not last long or it will not be possible. Yuanqi Bank took over the government's national debts, which is to express difficulties for the country and share the worries for the king, and also to consider Yuanqi's own interests.

The reason why I care about Jiang Customs is not because of the tariffs of Jiang Customs, but because of the port of Shanghai, Hangzhou Prefecture, Huzhou Prefecture, and Jiaxing Prefecture are not far from Shanghai."

After hearing this, Qishan couldn't help but realize that the three prefectures in Hangzhou, Huzhou and Jiaxing had silk. There were many machine silk reeling factories under Yuanqi's name. Yuanqi was just rushing to the raw silk market in Jiangnan. This kid is indeed a rare talent. After hearing that the court issued national bonds, he could make a decision in a flash. Win-win situation. This is a good statement. The court and Yuanqi each got their place. The court was able to issue the first batch of national bonds smoothly. Yuanqi also took this opportunity to get involved in Jiangnan's raw silk.

However, he really couldn't and dared not make decisions on this matter without authorization. Although Jiang Customs Supervision is not important, and most of the time he is a governor, he is a third-rank official and he can't make the decision.

After pondering for a moment, he spoke: "Jiang Customs is one of the four major customs, the most important trading sea gate in Jiangnan, the gateway to the hinterland of Liangjiang, and the hub and gathering center of coastal trade in the North and South Oceans, as well as coastal and hinterland trade. In recent years, with the shipping of grain, the court has paid more attention to this matter. This imperial envoy needs to request the emperor."

After a pause, he continued, "But there are other details that need to be agreed upon?"

"There are many details that need to be agreed upon." Yi Zhizu smiled and said: "The interest rate, term, repayment method, payment method, etc. of the treasury bonds need to be agreed upon carefully. I will write an agreement and submit it to the adults tomorrow. Is it feasible?"

"Time is tight, and it will take nearly a month to go back and forth from Guangzhou to the capital." Qishan said slowly: "If you consider other contentment, how much does it plan to determine the interest on this national debt?"

Interest is naturally the most critical. Seeing him asking, Yi Zhizu pondered for a moment before saying: "The amount of national debt is large, so the interest rate cannot be too high, otherwise it will be detrimental to the court to issue national debt in the future. Now Yuanqi lends to the outside world, and the interest rate is about one or two cents, and the interest rate of the national debt is set at eight cents. If the court bears it, Yuanqi is also profitable."

To be fair, the interest rate of Bali is really not high, and he can't borrow money at all at the bank bank account, especially for a long time like the court. Qishan nodded slightly, and could see that the other party was sincerely willing to take over the government debt and was willing to share the worries of the court under such a difficult situation. Although the other party took this opportunity to seek the raw silk market in Jiangnan, he knew in his heart how difficult it would be for Yuan Qi to withdraw 10 million taels of silver at this critical moment.

After pondering for a moment, he spoke: "Yuan Qi has difficulties with Yuan Qi. I understand, but the court also has difficulties with the court. Issuing national debts, the court has mixed praise and criticism, and being content with the country. Can the interest rate be lowered? How about six cents?"

Yi Zhizu shook his head without hesitation and said, "I am not willing to relieve the court's worries. The 10 million national debt cannot be decided in one sentence. This matter must be summoned to discuss with the bosses of Yuan Qi. The interest rate is too low and it is difficult for the people to convince the people. Entering Jiangnan, the focus is on long-term interests. There are not many bosses who have a long-term vision. You must understand the difficulties in the back."

What he said was true, Qishan no longer made things difficult for him and said, "How long does it take to officially reply?"

Yi Zhizu looked at him and said, "As long as the court is willing to use Jiang Customs to mortgage it, what he said below can be guaranteed."

Qi Shan nodded in praise, then took out his pocket watch and looked at it, saying, "It's not too late, so be content, go back first. Tomorrow, a group of meritorious soldiers will be summoned to wait in the Gengxing Camp. The emperor will give me an order."

Yi Zhizu quickly stood up and left. He sighed quietly with fear after leaving the yard. After Qishan found out whether Yuan Qi sincerely accepted the NTD debt, he said that Daoguang had an imperial edict. If he had shirked or refused at that time, what would have happened? He left the city overnight, but did not return to Leiyuan, but rushed straight to Wujia Garden.

Wu Family Garden, Yanhui Building.

Wu Bingjian and Wu Changqing and his grandson sat in the hall chatting indifferently, waiting for the news that Yi Zhizu saw the imperial envoy. Both of them knew that no matter what the situation was, with Yi Zhizu's personality, they would send someone to inform him.

Wu Changqing was eager to know how the imperial court would reward him. After all, his reward was indispensable, but Wu Bingjian was a little worried. The imperial court was reluctant to reward the Dinghai victory achieved by the Guangdong Navy and Yuanqi Regiment. When he got up, he inspected Yuanqi's factory when he came to Guangzhou. This was not a good sign. This made him very uneasy. He even regretted encouraging Yi Zhizu to send troops to recover Dinghai.

"Report to the old master, young master." A manager rushed to the door and reported: "Shopkeeper Yi Da is here."

"It's been here." Wu Changqing quickly stood up and walked out quickly. Wu Bingjian stood up and sat down again. He knew Yishizu's nature. If it was a good thing, the boy would definitely not have come to Yanhui Tower at this time. But if someone could come out, it would not be a bad thing. I guess it was a difficult thing. Thinking of this, he got up and brought over with a candlestick.

Wu Changqing was welcomed out of the yard and smiled as soon as he met, "I thought the city gate was closed, but Brother Quasi can't leave the city."

"With money can make the devil push the mill, how can a mere city gate be difficult for me?" Yi Zhizu joked with a smile: "Why, are you anxious to know the rewards from the court?"

Wu Changqing was not pretentious and said with a smile: "The imperial envoy is here, and there is no reason why the imperial court's rewards have not been brought down." As he said that, he asked softly: "How is it?"

Yi Zhizu shook his head and said, "No."

"What's going on?" Wu Changqing's smile froze and immediately realized something was wrong.

Yi Zhizu smiled and said, "Don't worry, the imperial envoy will come to Henan Daying tomorrow to announce the order, and Changqing will inform the children of all businessmen."

Hearing this, Wu Changqing immediately looked brilliant and said, "The imperial envoy didn't reveal anything about the reward?"

Yi Zhizu smiled and said, "Look at your anxiousness, you can stay calm tomorrow."

The two of them went into the living room as they spoke. Wu Bingjian looked at Yi Zhizu carefully. Seeing that he looked relaxed, he couldn't help but feel relieved. After he greeted him, he asked directly: "Is there an accident?"

Yi Zhizu nodded, curled his smile, sat down, slowly described the situation of seeing Qishan in detail, and after he told him, the living room was quiet, Wu Bingjian and Wu Changqing were all stunned like wooden sculptures.

After a while, Wu Changqing said with a worried look: "Now Yuan Qi is in a difficult situation. Isn't it going to add another 10 million taels to the point?"

Wu Bingjian waved his hand, stopped his words, and said in a deep voice: "No matter how difficult it is, I will answer." After pondering for a moment, he said: "How much is the tax and silver for Jiang Customs in a year?"

Yi Zhizu said: "There are less than 70,000 taels."

Wu Changqing knew the process of arranging Yan Shikuan to Shanghai's semicolon, and immediately said, "Will the court agree? Besides, how many years will it take for Shanghai to develop?"

"Ten years." Yi Zhizu said with confidence: "In ten years, Shanghai can replace Guangzhou, or even surpass Guangzhou, and become the largest foreign trade port of the Qing Dynasty. Whether the court will agree is all within today's thoughts."

"It should be no problem." Wu Bingjian said in a deep voice: "Yuan Qi has received the next 10 million national debts. What else can I worry about now?" After a pause, he continued: "To be safe, I have to mention this matter to Lord Lin and Lord Deng. Now the battle between Manchu and Han Dynasties in the court is so powerful that issuing national debts is conducive to the main war."

Yi Zhizu nodded and smiled, "Your Majesty Pinghu can see it thoroughly."
Chapter completed!