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Chapter 42 Bonds

Huang Jian leaned against the door frame, basking in the sun lazily. Seeing Lu Dalang coming from the opposite side, he asked casually: "How are you brother?"

"Okay, okay." Lu Dalang nodded habitually. "The official is not doing work in the store, so why are you free to stand at the door?"

Huang Jian said: "The leather is too expensive now. I bought boots and there is no interest. What work is there to do?"

After hearing this, Lu Dalang felt deeply and sighed heavily: "Yes, since the New Year's Day, the price of mature leather has been rising all the way. The price of leather jackets and leather boots cannot rise, so how can we have a way out?"

As he said that, he went to Huang Jian, stood together, watching the crowd on the street in a daze.

One of them is a garment and the other is a boot. They both moved from other states after the fur business in Bingzhou was booming. Unfortunately, the price of cooked leather suddenly rose in just a few months, and the business seemed to be unable to continue. Leather jackets and leather boots are new things, and they just opened the market, so who can I sell them to? Recently, it is difficult to make clothes and boots in Bingzhou City, and the weather is warmer, so everyone has to endure it.

Huang Jian sighed: "If the price of cooked skin has not dropped, and it will still be the case in autumn, and Bingzhou will not be able to stay."

"No. I've been here for only a few months and I haven't earned any money. This time I've been cheating."

The two of them were sympathetic and stood at the door of Huang Jian’s shop, saying one by one, and the bitterness of the past few months was overwhelming.

At this moment, Yu Yuanwai, who was also making boots, walked over and saw the two of them, and whispered: "You two are leisurely and chatting here. The list of the goods yard has just been announced, haven't you gone to see it?"

Huang Jian said lazily: "Business is not good, how can I feel about how to do it in the yamen? Officials, what is the Bangwen saying?"

Yuanwai Yu approached and said to the two: "This is a big deal for us! The list said that the city is now covered with raw skins, the price of tanning leather is too high, and the price of cooked skins has increased, resulting in a sharp drop in fur business in Bingzhou. In order to solve this dilemma, the government decided to build two more tanning leather workshops. In order to make up the capital, the Bingzhou Yamen will provide guarantees and issue bonds to the public. If the factory is built, 20% of the profit will be given in three months. If it fails, there will be capital."

Lu Dalang shook his head: "We have a small business, where can we make 20% of our profits? What a big deal!"

"I'm crazy!" Yu Yuanwai slapped his thigh. "The price of cooked skin is rising now, because raw skin cannot be tanned, and the price of tanned skin has increased. As long as there are more factories, the price of cooked skin will be reduced if there are too many tanned skins? Cooked skin is cheap, and our business will be all alive!"

Lu Dalang looked up suddenly: "What the official said is, this is true! Our business was done well before the New Year. After the New Year, a large amount of northern fur came, and the factory could not do it, so the price of cooked skin increased."

Huang Jian said: "What the official said makes sense, but we still don't have the money to buy any bonds."

Yuanwai Yu shook his head and sighed: "You are so short-sighted. Why do the yamen issue bonds? There is no money to build a factory! The commerce of leather vendors and tanned leather has made a lot of money from the price increase of cooked leather, so he will definitely not be willing to take out the money. These bonds need to be helped by people like us. You see, my business has not been good recently, and I have bought twenty coins of money!"

After saying that, he took out a piece of paper from his body and showed it to the two of them.

Huang Jian took over the bond and saw that it was stated on it as a tanning factory, which stated that it was 20 stakes and was charged by the Bingzhou Yamen.

Looking at Lu Dalang, Huang Jian said, "The official's words make sense. I think that because there is a tanning factory in Bingzhou, cooked skin is cheaper than other places, we came here to do business. If we build a few more workshops, the price of cooked skin may not be reduced. Why not do this? We will also subscribe to some bonds. Without Yu Yuanwai's capital, three or five stakes are good."

Lu Dalang nodded: "Let's read the list text first. If it's a good thing, you can still get three or five slogans."

After saying that, Huang Jian ordered the servant in the store to walk to the cargo yard with Lu Dalang.

Mr. Yu carefully collected the bonds and then went forward to mobilize people he knew to buy bonds. These garment and boot shops have been opened around the yard in the past few months, and there is no guild. Now that there is something to do, it depends on everyone's voluntary.

Du Zhongxiao sat in the room behind the trading hall of the goods yard, watching a public official settle the accounts. Last month, Xia Shuai was patrolling the border and squandered all the wealth of several warehouses in Bingzhou. Now that the construction of the factory is built, the yamen committee can't afford the money. Kang Chengdong, who supports this matter, can't afford so much money, and Du Zhongxiao dared not use it. He has too much to do with the Khitan, so he should be careful of something in the future.

Qi Kongmu came in excitedly from outside and bowed to Du Zhongxiao: "Officials sold more than 200 chunks of bonds in half a day! If they were just like today, they could raise money to build a factory in just three or five days."

Du Zhongxiao asked Qi Kongmu to sit down and said, "That's not the case. Raising money is easy in the front, but difficult in the back. Now those who subscribe to bonds are all related to the fur industry in the city, and are not merchants from the leather vendors and tanning chambers. When the factory was built, the price of cooked leather fell, and they benefited the most, so they were the most active. But there were no large merchants among these people, so they could only accumulate a small amount, which was a bit difficult."

After thinking about it, Du Zhongxiao asked again: "Have you discussed the issues with the big merchants in Kang Chengdong? They are willing to subscribe to bonds so that they can truly solve the capital. Also, although there are few customers in the capital recently, there are still a few in the city. Have you ever asked?"

Qi Kongmu said: "After asking, the guests in the capital, they are willing to buy it, but they have tea in their hands and no cash. As for the merchants in the north, they are determined to build their own factory and are unwilling to buy our bonds."

Du Zhongxiao shook his head: "Many merchants in the north are unknown to the Khitan, so it is impossible for them to build a factory. Even if the capital is insufficient, opening a small factory first will not make this matter related to the Khitan."

Qi Kongmu nodded, thought for a while and said, "Officials, why don't you let the Beijing merchants discuss with the northern merchants and use their tea to exchange the money from the northern merchants to buy bonds. In the trade market, tea is a big deal, but it can't lose their capital."

Du Zhongxiao smiled bitterly: "Beijing merchants are trying to control us and want to build their own factory. How can they agree? They know in their hearts that when they build a factory, they benefit the most, but they refuse to buy bonds. Do they still don't understand what they think?"

Qi Kongmu looked puzzled: "What should I do? Without capital, it is not easy to open a factory. It's hateful. It's said that all businessmen are not traitors. In the past, the merchants in the Northland were the most anxious and were determined to build a new factory. Now that the officials are going to build it, they are unwilling to invest money!"

There is no way out. The merchants in the north suffered a hard time. Now of course they want to build their own factory. If you invest money in, you will build another factory in Bingzhou Yamen. What should you do if the same thing happens in a few months? It’s not that Du Zhongxiao does not allow private construction of factories, but just does not allow northern merchants to build a factory. It is obvious that the relationship between Kang Chengdong and the Khitan is difficult to understand. Not only did they build a factory, but they were afraid that they would learn from the factory here and return to the Khitan to build a factory, and then they would lose a lot by then.
Chapter completed!
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