Chapter 349: Buying Bonds
Although the New Year has just passed, the shop is very lively and everyone has tasted the benefits of raising poultry. The key is that it is cheap, even those poor families have to get some back to raise them to supplement their household income.
He kept saying hello to others. Mr. Zhang was also a well-known figure, but when he thought that the hundreds of acres of land had become the current one hundred acres, which was almost the same as these mud legs, he felt a little frustrated.
"Oh, why are Zhang Yuanwai still free to come here today?" The shop's surname is Hu, and he was the biggest rich man in the village. When he was carrying out land reform, he was the first to cooperate and sell all the excess land to the government in exchange for the current industry.
Although the profit is not high, the victory is stability. Mr. Zhang was so envious. If he had this vision at that time, he would not have been like this now.
"What? You just finished the Chinese New Year, don't you have to raise some chickens and ducks? When you get fattened, you can buy some money and you have to support your family." Zhang Yuanwai thought that Mr. Hu was teasing himself, so he was not angry.
"When will you not have time to buy this chicken and duck? You don't know yet?" Mr. Hu was stunned. The news of this kid was too unprofitable. The notice was posted to the village, but I don't know yet.
As far as he knows, the wealthy families in the city have known it a long time ago, and it was too late for him to get the news.
Speaking of which, Sun Yu decided on this matter that day and had no intention of keeping it confidential, the news naturally spread out. When the notice was posted, most people prepared the money and waited to buy it.
"What news?" Mr. Zhang was shocked. What big thing happened?
"Go quickly, there is a notice on the wall over there, look at it yourself. My Dalang set out to the city before dawn." Mr. Hu shook his head, really didn't know.
When Mr. Zhang heard this, he hurriedly ran out.
"Damn, Lao Li, damn it." Mr. Zhang cursed in his heart. This is much higher than the interest rate of the money house, and the key is that there is a guarantee.
Then I didn't have time to think about it anymore, and I had only one thought, so I hurried home to get the money. Now I don't know if I have time to go to the county town.
The bonds are sold by local government offices. When Lao Zhang arrived at the gate of the county town, it was almost sunset. He happened to meet Lao Li who was leaving the city, and he looked dejected.
"Old Li, you are not moral, is this done?" Zhang Yuanwai became angry when he saw Old Li. If he had told him earlier, he might have left the city and returned home now.
"Bad, the money shop has no money to exchange." Speaking of this, Mr. Li became very angry. When he went to the yamen to buy bonds, he had to exchange them with the newly minted coins. He had to exchange them at the money shop. Who knew that the thing was too popular, because Jianzhou Commercial Bank only collected that thing, and many people lined up there. When it was his turn, he had already finished it, so naturally he could not buy the bonds.
"What? Is this the one who collects copper coins?" Mr. Zhang was anxious. He had known that the copper coins at home were pushed in a car. For convenience, he only brought silver.
"It's not your family's ones, people don't want it, they want this one, let's see." Lao Zhang tried to persuade him to change a few of them, so he opened his eyes first.
"How about this?" Old Zhang was anxious. The government was fooling people. He had to use new money to buy bonds. The new money had to be exchanged for the money house. The key is that the money house had no new money now.
"Go home, come again tomorrow. I'll find out clearly. The money shop will receive a batch every day." Mr. Li didn't believe it anymore, and he could make the profit.
He went to the yamen to check it out again. Bond purchases were extremely popular. A bond had to be purchased in 100 silver coins, and the face value was equivalent to fifty taels. The weight of a silver coin was exactly half a tael, not bad at all.
As for why it is released so broadly
Sun Yu also thought about the bonds, and he could not impact the main group of money houses. He wanted to take out the money from these small and medium-sized families for development.
If ordinary small businesses use money to buy bonds, it will be extremely unfavorable for the development of the rule.
"Old Li, we have to queue up every day to open the city gate. It takes half an hour to walk to the money shop. Can we still queue up?" Zhang Yuanwai was a little worried. They lived in the countryside, no matter how early they got up, they had to wait until the city gate opened before entering. Compared with the residents in the city, this is more than a little slower.
"Or why go to the inn for one night?" Mr. Li felt that this is the reason. It would be better to stay in the inn near the money shop for one night and get the big deal done before you can talk about it.
"We can't spend a lot of money when we stay in one room." Inns are usually about a hundred cents a night, but the two of them can only share a few dozen cents. Compared to running back, it is more cost-effective.
The two of them made up their minds and found someone from the village to go back at the city gate and sent a message back, asking the family not to worry, and then walked to the bank.
"Shopkeeper, come to the guest room." The two of them chose an inn near the money house to make it easier for them to queue up early tomorrow.
"Okay, my teacher, we are all honest and have a clear price tag. The second floor is 150 cents and the first floor is 100 cents. How many rooms do you two want?" The shopkeeper was so happy recently. In the past, the New Year had just passed, and there was no business in the inn. Now it's good and it's almost full.
"Just come to the first floor and let's make do with each other for one night." After Zhang Yuanwai said, he felt a little embarrassed. Since he had lost less land, he always felt that he was unable to make ends meet, and he unconsciously needed to reduce his expenses.
"Okay, Chenghui is one hundred people." The shopkeeper is not surprised, they are all waiting in line for tomorrow to exchange money.
The two of them took out fifty cents from their pockets, and then put them on the counter after counting them.
"Two guests, sorry, our hundred-month refers to new money, you two are old money." The shopkeeper rubbed his hands. Now the county town has begun to price new money, and that thing is hard currency.
"Can't this money be used? We are not bad money." Old Li felt a little angry. He had a lot of copper coins at home, but they were all good money, so why didn't they circulate?
"If you can use it, you have to add money. Otherwise, you can go to the money shop to exchange it, which will also be depleted. You two will see the texture. This is good money, how can you exchange it one by one?" The shopkeeper picked up a big 10 cents of money from behind the counter and put it on the counter, which was bright and grand.
The two of them looked at the big money in front of them and couldn't refute it. After all, they couldn't be so shameless that they opened their eyes and told lies.
"I only have this kind of copper coins, how much should I pay?" Since there is no new money on me and I don't want to use silver, I can only add money.
"Add 10% is about the same, it is also good money. If it is that kind of bad money, you have to start with 50%." The shopkeeper was not worried. This ratio was similar to that of the money shop. After all, he relied on the money shop and had a clear understanding of the tricks inside.
"Then add 10%." The two of them felt that they could accept it, so they took out five copper coins from their arms, and then followed the waiter to the room.
The room was very simple, but it was clean. The two of them had a silver gift, and they both held it in their arms.
"Old Li, why don't we go out to eat?" Zhang Yuanwai was a little hungry, with money on his body, and he was a little worried about going out alone at this point.
"Or, just have some food in the inn. We have something to do here." Mr. Li didn't want to go out, so he thought to stay in the room honestly, and exchanged new money tomorrow to buy bonds in the yamen.
"Then let's take a rest first, and then go to the front to see
Look." After rushing all day, Mr. Zhang felt that he had water on his feet. It's been a long time since he worked so hard.
The waiter brought a basin of hot water to soak their feet. People who stayed in the inn usually travel far away. Soaking their feet after a day can relieve fatigue.
"Old Li, how many bonds are you going to buy?" Zhang Yuanwai had complained about Mr. Li because of what happened this morning, but now he still wants him. He knows very little about him, whether in the money house or the yamen.
"I plan to buy six bonds. Even if the bonds are passed on from now on, I don't plan to redeem them." Mr. Li thought about it. The six bonds are worth 300 taels, and the profit per year is fifteen taels, which is not much, but it is enough for the basic life of a family of three or five.
In the future, as long as the loyal and brave army is present and Jianzhou Commercial Bank is present, his family will be able to have food and clothing without worries. Spend this money and buy a guarantee, which is worth it!
"So many? I'll buy three first." Mr. Zhang didn't have time to prepare, so he brought more than 100 taels with him. The family still had some savings, but it would definitely be too late to go back now.
"Well, you can buy it again if you have the chance in the future. I have decided that we will save money just for a guarantee. It is better to buy bonds than to put them at home." Mr. Li picked up a dry cloth to wipe his feet and kept the money at home for many years. But this bond is different. Even if the profits settled every year and do not continue to invest, he will make a profit in twenty years, and the bonds are still in his own hands.
"But can you really believe this government? "Zhang Yuanwai remembered that the government's words were not very reliable in the past, why is Li Yuanwai so active this time?
"Old Zhang, this loyal and brave army is different from other places. It means whatever it means. In our townships, there are soldiers. There were before and now there are. Except for the loyal and brave army, who can implement this pension and reward system? After Li David from my Lijia Village, after he died in the battle, he returned home, and the day when his ashes returned home, he had pension silver, military pay, and the reward silver that he had saved before, all of which were sent to his wife and children. The loyal and brave army also said that as long as the children became adults, the yamen arranged things to do, I can see that this loyal and brave army is becoming more and more capable of fighting." Old Li shook his head. He was only one son, otherwise he would have sent him to join the army. This condition would be great.
People cannot stand without trust. Today's loyal and brave army has achieved the point where many kings cannot do it in terms of integrity.
When Mr. Zhang heard this, he kept nodding. If it weren't for the staircase grain tax collection system, he would have thought the loyal and brave army was good.
Now I have only brought so much money on my body, and I can only find a way when I get home tomorrow.
The next day, it was dawn and the inn began to get noisy. The two sleeping men were already feeling unhappy, but when they heard that they were all going to queue up at the money shop, so they quickly put on their clothes and walked out.
There is a ready-made breakfast in the inn, two buns plus a bowl of soy milk, twelve cents, old money plus a penny, and thirteen cents. The two of them each brought the soy milk to drink it clean, and walked towards the money shop while eating it.
As usual, the money house did not open the door, but there was a servant directing everyone to queue up. When the two of them arrived, there were already more than a dozen people queuing up in front.
"Old Li, why do you listen to him?" Zhang Yuanwai swallowed the last bite of the bun. Everyone was a well-known figure and was wearing a new cotton jacket from Jianzhou Trading Company. Why did he still have to listen to the command of a servant?
"This is specially arranged by the money house to avoid being confused and those who do not abide by the rules must be ranked at the end, otherwise they will come back next time." Mr. Li came to queue up yesterday, so he naturally knew the rules here.
Chapter completed!