In a manor outside Xiyang City, a monument with glass windows on all sides except pillars. The big shopkeeper of Rixingchang Cabinet, the second shopkeeper and several major shareholders (owners) were having a meeting. There was no one else in the house, and there were not even slaves who served tea and handed water.

Outside the monastery, there is no one within the fifteen steps. As long as someone wants to get close to the monastery, the people in the monastery can see clearly through the glass window.

This arrangement is to ensure that the content of the meeting will not be heard by the ears of the wall. If any participants leak the secret, they will be responsible for the consequences.

The reason why it is so strict that the content of the meeting is extraordinary and must not be disclosed to avoid incalculable losses.

The main topic of this meeting is that Rixingchang Guifang will open a branch in Nanchang, Hongzhou, and at the same time, it will issue circulation coupons in Nanchang City to facilitate bulk goods transactions.

The circulation vouchers circulating in Nanchang are also "fabric-based". The style is the same as the circulation vouchers circulating in Xiyang. They are printed and issued by Rixingchang Store located in Xiyang.

In order to ensure the credit and redemption capacity of the circulating coupons, Rixingchang Guifang cooperates with families and merchants from all over the Hongzhou General Administration to allow the other party to participate in the joint guarantee of the circulating coupons. For this reason, the shareholders of Rixingchang will increase and the members of the board of directors will increase.

If the transaction is to become bigger and stronger, it cannot be limited to a small circle. Merchants in the Huangzhou General Administration and Hongzhou General Administration Area must unite and make big money together. This is the principle that King Xiyang repeatedly emphasized.

Last year, Huangzhou merchants and local tyrants in Jiangzhou area cooperated well, and the cooperation effect was very good, so the conditions for "circulating" circulating coupons in Nanchang have matured. If they gain a foothold in Nanchang, the influence of circulating coupons will increase significantly.

Jiangzhou area is now the Hongzhou General Administration area. It has abundant resources since ancient times, especially the surrounding areas of Poyang Lake. After hundreds of years of development, it can now be called the hometown of fish and rice.

Nanchang, located on the shore of Poyang Lake, is the material transfer center in the Poyang Lake area and a place where merchants gather. With the opening of Lingbiao Commercial Road, it can be foreseen that the "commodity trading volume" in Nanchang City will soar, which is a good time to show its skills in circulation coupons.

It is also an excellent opportunity for Nixingchang Cabinet to improve its strength. To this end, absorbing local snakes from the Hongzhou General Administration area is an inevitable measure for Nixingchang to gain a foothold in Nanchang.

This also means that the original shareholders of Nikkei Chang's "equity" will be diluted and their voice in the board of directors will be weakened. However, shareholders are very clear that it is inevitable to win over more partners.

Once the cook cake is bigger, even if your equity is diluted, you will actually get more "dividends" than before. You can't even understand such a simple truth and you have no ability to keep up with the pace of Xiyang King.

After Xiyang King took over the Jiangzhou area of ​​Chenguo last year, he used a knife to educate the powerful people everywhere about the disobedient fate. Therefore, Huangzhou merchants then had much less resistance when they started trade in the Jiangzhou area, and then they led local tyrants to join the group. The mutual transfer of interests can ensure that everyone is united.

The owners of hydrotextile workshops in Huangzhou have opened a large number of new workshops in the Hongzhou General Administration area, many of which are in cooperation with local powerful and wealthy merchants. These hydrotextile workshops have been put into production. According to the development momentum last year, the fabric production capacity of Hongzhou area this year will reach twice the production capacity of Huangzhou area.

With such strong weaving capabilities as a backing, the circulation coupons circulated in Nanchang will inevitably be as stable as Mount Tai, and it is inevitable that the large-scale issuance of circulation coupons has become inevitable. Therefore, today's meeting, shareholders will make a decision on the total face value of the additional issuance of circulation coupons.

The large-scale issuance of circulating coupons is not about issuing as much as you want. The shopkeepers have summarized information from multiple parties and provided a recommended amount of additional issuance, and submitted it to shareholders with decision-making rights for review in order to make the final decision.

The principle of issuance of circulating coupons is one to one, that is, the cloth stock of the cloth shop participating in the joint guarantee is, and the total denomination of the circulating coupons is, because Rixingchang Guest House has solemnly stated that circulating coupons can be exchanged for full cloth at any time.

However, in actual operation, the denomination of the circulation coupon is higher than the total stock of cloth, but it cannot be too high, so as to avoid many customers taking a large number of circulation coupons to cash out, but Rixingchang cannot cash out.

Once this situation occurs, it will directly lead to a sharp drop in Nixingchang's credit and the circulation of coupons will become waste paper.

In order to establish the credit for circulation coupons, Rixingchang Guifang spent a lot of effort and endured several years to achieve today's achievements. It only takes one day to ruin it.

Therefore, the owners are very cautious about the denomination amount of this additional issuance. The summary submitted by the shopkeepers is very detailed and they explain the risks very clearly, but the owners are not concerned about these contents.

Because Wang Yue, as the agent of King Xiyang, has prepared another plan and has been reviewed by all shareholders before.

The content of this plan is not complicated. The circulation of the circulating coupons of Xiyang King "suggested" by Rixingchang, which exceeded twice the issuance of the cloth production capacity in the Huangzhou General Administration and Hongzhou General Administration.

This means that if you have three pieces of cloth in your hand (one piece in Huangzhou and two pieces in Hongzhou), the face value of the circulation coupon issued by Rixingchang Guifang will be nine pieces of cloth, which is twice the face value.

The behavior of King Xiyang’s ‘suggestion’ violated the initial rules: King Xiyang will not interfere with the issuance of circulating coupons, and the number of issuances will be voted by the owners at a meeting.

And the reason why we have to do this now is because there is a reason for it.

As the war lasted and the government increased its purchase of military supplies and the extra expenses, the Xiyang Palace was unable to bear the burden after more than a year, but it was unwilling to force the collection of private materials, which was a matter of fishing out of the waters, so it had to "make a fortune from nothing."

That is to spend paper printing as money.

Although this move is risky, it is very feasible, because the credit of the circulating bonds is very good, so it is normal that large-scale runs are not possible.

Workshops, breeding farms, residences, restaurants, restaurants, and even foreign merchants have accepted circulation coupons as a substitute for copper coins and gold and silver. In other words, circulation coupons have the function of currency in bulk goods transactions in the Huangzhou General Administration.

Therefore, the King of Xiyang wanted to issue circulating coupons and then let the government use these circulating coupons to purchase private materials for military use. However, he did not just need to print paper as money by just one sentence, but the shareholders took the risk for nothing.

Because after the large-scale over-issuance of circulation coupons, Rixingchang's ability to withstand large-scale runs has decreased. If he is unlucky, he will need to find a way to mobilize cloth to solve the crisis.

As compensation, Xiyang King guarantees that in the next three years, all shareholders of Lingbiao Guangzhou's sea salt and sucrose will have a stable share, increasing by 10% every year. This guarantee is something that many people dream of but have no chance to get.

"Brother Wang, if the king needs it, I, Zhang, are willing to donate all my family wealth for military purposes, and do not need any compensation from the king!"

The person who spoke was a shareholder, and with him, the other shareholders expressed their willingness to donate their wealth to help the King of Xiyang fight. They were not pretending to be false, but they really wanted to donate money.

Those who can sit here to participate in the meeting today have long understood one truth, that is, as long as the King of Xiyang succeeds, they will surely succeed. As long as the King of Xiyang is here, even if they spend all their wealth today, they will definitely make money back in the future and earn more.

With the financial resources of several Huangzhou families and merchants, even if they don’t spend all their money, they can buy the supplies needed by the government army for half a year. As long as they survive this year, the King of Xiyang will rise step by step, and they will be able to rise with the flow.

When Wang Yue saw everyone's statement, he felt quite relieved. Of course, he knew that what the shareholders said was not a scene, but Xiyang King made a decision after weighing the pros and cons and would not change it.

Standing up, Wang Yue began to ask everyone present: "At the end of the year before yesterday, the government army marched south, and wise men from all over Huangzhou donated money enthusiastically, and the amount was very amazing. So just one year later, everyone donated money enthusiastically, and the amount was also very amazing. What did the court think?"

"The king is good at operating industries, and it is well known to everyone. The court will only say that the king is a powerful vassal of the royal family and raises money, grain, trains troops and protects the country by himself, and will not think too much. What does the merchants in Huangzhou have such amazing financial resources mean to some people in the court?"

"It means that the pigs are fat and can be killed and eaten with meat!"
Chapter completed!