In this era, the prevailing interest rate for banks, pawnshops, and even private loans was nine out of ten.
That is to say, I will lend you nine taels of silver and you will have to pay back thirteen taels of silver in three months. The monthly profit is 13 cents.
"The annual interest rate on Jiangnan Company's bonds is only 12 cents, and the interest in one year is not as much as one month's interest.
That's why the two old people asked this question - how could any fool be willing to lend them money?
"Don't be dissatisfied." Mr. Zhao rubbed his buttocks and said with a faint smile: "Believe it or not, you are still fighting for your head?"
"I believe it, you are the only one who believes in ghosts." Zhao Liben rolled his eyes and said, "Are people crazy?"
Mr. Zhao smiled and was about to explain the reason, but he heard a report from a servant that Hua Bozhen asked to see him.
Zhao Hao and Jiang Xueying looked at each other and smiled and said, "The fool is here."
He winked at Sister Jiang and told her not to explain yet, and to let the old man open his eyes before talking.
"Grandpa, if you don't believe me, go next door and listen to see if I'm bragging."
"Just listen." Zhao Liben was also full of curiosity, so he and the equally curious Ye went to the inner hall separated by a curtain.
Jiang Xueying also went in, leaving only Zhao Hao outside.
After a while, Hua Boxhen came in with a smile on her face and said hello to the young master.
"Brother, why are you here today? The bank only opened on the eighth day of the Lunar New Year." Zhao Hao also greeted him with a smile and let him into the hall, where he sat down in awe-inspiring posture.
"I heard that the company is in trouble, and my brother is here to help you out." Hua Boxhen took out a thick envelope from his sleeve with enthusiasm and handed it to Zhao Hao.
Zhao Hao opened the envelope and saw, oh, it was a stack of 100,000 taels of conference tickets, a total of twenty.
"Brother, do you want to donate?"
"Uh ahem, I heard that the company will borrow 1.5 million taels. How unpleasant is this to spread?" Hua Bozhen smiled slightly awkwardly and said, "We should digest it internally. The two million taels Take both of them, the Hua family only needs a bond of 1.5 million taels."
??~~
Behind the bead curtain, Zhao Liben and Ye were both dumbfounded.
???????????????????Is this Hua Bozhen on Xishan Island, and his brain was blocked by cement?
Not to mention the bond covering 1.5 million taels, there is also a premium of 500,000 taels.
You must know that the total interest due on this bond is only 540,000 taels.
The Hua family lent Jiangnan Company two million for three years in vain.
Yes, their family has plenty of money, so there¡¯s no need to waste it like this, right?
The two of them cast questioning glances at Jiang Xueying.
Jiang Xueying covered her mouth, shook her head, smiled and narrowed her eyes. Her brother had said not to tell them yet.
??~~
In the outer hall, Mr. Zhao did not hesitate to praise him: "It's great! It's interesting. We will be good brothers for life!"
"I am also a member of the company. How can I stand by and watch when the company is in trouble." Hua Boxhen said seriously: "This matter is settled. Brothers, don't refuse. If you refuse, you won't treat me as a brother"
"I only want brothers and no money." Zhao Hao smiled and stuffed the tickets into the envelope, threw it back to Hua Boxhen and said:
"Thank you very much for your love. I am very grateful. However, the company's shareholders should not get involved in this bond issuance."
As he spoke, he sighed and said: "Everyone has contributed money and efforts to the company, but now we have not earned a penny. We can't let the shareholders spend any more money."
¡°It¡¯s not good if our shareholders don¡¯t contribute a penny, right?¡± Hua Bozhen still refused to give up.
"Brother, let me tell you the truth. The amount of 1.5 million taels is basically gone." Mr. Zhao said lightly.
"Oh?" Hua Boxhen said in surprise: "Who started so quickly?"
"Dongting Chamber of Commerce subscribed for half of it on the same day." Zhao Hao naturally didn't hide it from him.
"Ah?" Hua Boxhen opened her mouth wide and said with a ridiculous look on her face: "They have no money to start work, so they want the young master to bail them out. But they have money to lend to the young master. Isn't this a bit shameless?"
"You can't say that." Zhao Hao chuckled and said, "They use the money to start construction to fill holes, but they lend it to me to earn interest. Is this the same?"
"It's different." Hua Boxhen shook her head. "However, they are still quite shameless."
But that¡¯s not the point. After sighing, he asked urgently: "What about the remaining 750,000 taels?"
"After arriving in Suzhou, the Gu family of Changzhou subscribed for 200,000 taels, the Lu family subscribed for 200,000 taels, and eight or nine other families including the Zhang family, Zhu family, and Zhou family subscribed for 200,000 taels together."
Zhao Hao explained to him: "I also plan to leave a share of 100,000 taels to Pan Zhongcheng's family, so this leaves only 50,000 taels."Are you married yet? "
"Fifty thousand taels is not too little for me." Hua Bozhen gritted his teeth.
"Well, I'm really not picky about food" Mr. Zhao said, dumbfounded: "If I give it to your family, what will the other shareholders do? Mr. Wang will definitely want me to have a bowl of water."
"First come, first served, Mr. Wang has to be reasonable, right?" Hua Bozhen said with a perseverance and a grimace: "Brother, it's not that I'm embarrassing you, it's actually my old man who gave you the order to die. If you return empty-handed, you will suffer the consequences. It¡¯s fallen, please help me"
Just as he was begging, Xiwa came in again and reported that Yang Chenglin, the magistrate of Wu County, and Zhang Defu, the magistrate of Changzhou County, had arrived hand in hand.
"Hurry up and open the middle door to welcome us." Jiangnan Bank wants to take root in Suzhou, so it cannot neglect its two parents.
Zhao Hao then smiled at Hua Boxhen and said, "Brother, come with me to pick up the guests."
On Xishan Island, Hua Boxhen had entertained the two people who were in trouble, and they were all familiar with them.
He did not refuse immediately and followed Zhao Hao out of the hall. I planned to greet him at the park gate, but unexpectedly, two county gentlemen had already arrived at the pond.
"It's unexpected that I've troubled you two old parents to come here. I'm sorry for not being able to welcome you from afar. Please forgive me." Mr. Zhao smiled and bowed his hands.
"We came uninvited. It's good that we didn't disturb Zhao Hao's review." The two county magistrates had already learned from the governor that Zhao Hao was now a seventh-grade Hanlin reviewer. He was only half a level lower than them, but It's much more expensive.
What¡¯s more, what they value is not Zhao Hao¡¯s official status, but the Jiangnan Company behind him.
????????????????????????????????????? Cement, to be more precise.
In order to move up a few places on Jiangnan Company¡¯s client list, the two county magistrates tried every means to get close to Zhao Shouzheng a few months ago.
They have been to Kunshan several times. When Zhao Shouzheng came to Fucheng to report on his work, he was invited to host several times.
Mr. Zhao was so moved by this sincere comradeship that he naturally told them the truth. He can't make the decision regarding cement. Instead of looking for him, it would be better to work on his son.
At first, the two of them thought that Zhixian Zhao was trying to shirk things again. After all, they were enemies in the same industry, so there was nothing surprising about it.
The time they took refuge in Xishan Island opened their eyes. Not only did the prefect humbly ask Zhao Hao for help, but even the superior governor had to meet with Zhao Hao before making a decision.
"If the two of them can't tell who is the real talker, then they are really blind.
After returning to Suzhou to clean up the situation, the two couldn't wait to come over to visit. This was a good opportunity to show their courtesy!
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