Chapter 438: Chongshan Bank Reopens

Yang Zhengshan had just sent Wu Chongzhe away, but unexpectedly Zhang Qingsong came looking for him.

During the meeting just now, Zhang Qingsong did not show much expression, but just listened quietly to Yang Zhengshan's instructions.

Yang Zhengshan thought that he had some concerns about purchasing grain, so he asked, "What are your concerns? If you have any, please speak to me directly."

"No, no, I just want to discuss another business with the Marquis!" said Zhang Qingsong.

Yang Zhengshan was stunned, then smiled and said, "Talk about business, haha, then sit down and talk!"

"Thank you, Lord Marquis!" Zhang Qingsong sat opposite Yang Zhengshan respectfully.

"What business?" Yang Zhengshan asked curiously.

Let’s talk business!
Haven’t we finished talking about everything that needs to be talked about?

There was nothing much to talk about the glass business, and the grain business was not actually a business, because Yang Zhengshan did not give them a high price, but asked them to transport as much grain as possible to Chongshan Pass.

They just help for free and make almost no money from it.

As for whether they are willing to help, haha, unless they don’t want to do the glass business anymore, they will only help Yang Zhengshan purchase grain as much as possible.

As for other business, Yang Zhengshan really couldn't think of what business he could do with Zhang Qingsong for a while.

"Actually, it's not a big business. It's just an idea of ​​mine! I want to let the silver bills of Datong Money House and Chongshan Money House be used to offset each other!" Zhang Qingsong said.

"Oh!" Yang Zhengshan became interested.

Mutual exchange means that the silver bills of the two money houses can be used interchangeably. The silver bills of Datong Money House can be exchanged for silver at Chongshan Money House, and vice versa.

The advantage of doing this is that the silver bills of the two banks can be circulated on a wider scale.

For example, the silver notes of Chongshan Money House were difficult to circulate in Liaodong before, because Chongshan Money House had no branch in Liaodong, and customers in Liaodong could not exchange the silver notes for silver.

After the mutual exchange with Datong Money House, the silver notes of Chongshan Money House can be exchanged for silver and money at Datong Money House in Liaodong.

In this way, the silver notes of Chongshan Money House can be circulated in Liaodong.

This is a perfect benefit to Chongshan Money House, but not a good thing for Datong Money House, because the circulation of Chongshan Money House's silver bills in Liaodong is equivalent to robbing Datong Money House's business.

"Aren't you afraid that Chongshan Money House will take away Datong Money House's business?" Yang Zhengshan asked.

Zhang Qingsong said somewhat awkwardly: "I am even more afraid that the Marquis will open a branch of the bank in Liaodong!"

Yang Zhengshan suddenly realized!
Sure enough, how could a shrewd businessman like Zhang Qingsong do business at a loss?

He must be willing to lose money because there are greater interests involved.

The mutual exchange of silver bills would at most damage the silver bill business of Datong Money House. However, if Chongshan Money House opened a branch in Liaodong, all the businesses of Datong Money House would be affected, such as silver-money exchange, loans, bills of exchange, and deposits.

The key point is that Zhang Qingsong did not dare to become an enemy of Yang Zhengshan, and could only watch Chongshan Money House take away Datong Money House's business.

Datong Money House is the foundation of the Zhang family in Liaoan. If the business of Datong Money House is damaged, the foundation of the Zhang family in Liaoan will be shaken.

Zhang Qingsong looked at Yang Zhengshan with a pleading look, "My Lord, Datong Bank is the foundation of our Zhang family. I beg you to give us a chance to survive, considering that we have always been respectful to you!"

He was really panicking now. He had been panicking since he saw the pamphlet from Chongshan Money House.

Once Chongshan Money House opens branches in Liaodong, Datong Money House will probably go bankrupt soon.

With Yang Zhengshan's status and power, it would not be difficult for him to have Chongshan Money House open branches in various places in Liaodong.

Yang Zhengshan really hadn't considered this point. At present, he just wanted to open a money shop in Chongshan Town and had no intention of opening the money shop in Liaodong.

It is normal for Zhang Qingsong to have such concerns.

Now the biggest businesses of Zhang family in Liaoan are Datong Money House and glass business. The glass business is in the hands of Yang Zhengshan. If Yang Zhengshan sets his sights on Datong Money House again, then the life and death of their Zhang family will be completely controlled by Yang Zhengshan.

Zhang Qingsong didn't think that Yang Zhengshan wanted to kill the Liaoan Zhang family, because if Yang Zhengshan had such an idea, there would be no need to go through so much trouble.

With Yang Zhengshan's current power, destroying the Zhang family of Liaoan is just a matter of a word.

Yang Zhengshan thought about it for a while and said, "Yes, there is no problem with mutual exchange. As for whether Chongshan Bank will open a branch in Liaodong, it will definitely not in the short term, but it is uncertain in the future!"

Again, how far Chongshan Money House can develop depends on the needs of the General's Mansion.

If the General's Office needs more silver one day, Yang Zhengshan doesn't mind letting Chongshan Money House open a branch in Liaodong.

And if the General's Mansion can achieve a balance between income and expenditure in the future and has sufficient cash reserves, Yang Zhengshan might close the Chongshan Money House.

The money shop business is different from other businesses. The General’s Mansion does not belong to Yang Zhengshan but to the imperial court.

If Yang Zhengshan leaves Chongshan Town one day, the money shop business must be terminated, because the money shop business involves too much money and customers. Once a problem occurs, it will cause great unrest.

There are so many soldiers in Chongshan Town. They will definitely deposit money in Chongshan Money House in the future. What if they find that they cannot withdraw the money they deposited in the money house?

The consequence would be a riot and a war.

Yang Zhengshan can guarantee that he will not take money from the money house. Even if the General's Mansion borrows money from the money house, he can guarantee that he will pay it back in the future.

But he cannot guarantee that his successor will be able to do the same.

Therefore, Yang Zhengshan does not have an accurate plan for the future development of the Chongshan Town Money House.

"Then~" Zhang Qingsong was a little nervous. If there was uncertainty in the future, wouldn't that mean that the Chongshan Town Money House would open a branch in Liaodong sooner or later?

Well, he misunderstood the uncertainty that Yang Zhengshan mentioned.

Yang Zhengshan took a sip of tea and said, "Don't worry, even if Chongshan Bank wants to expand to Liaodong, I will borrow your Zhang family's Datong Bank. I will definitely not let your Zhang family suffer too much loss. This is my promise!"

Datong Money House is the largest money house in Liaodong. Since it has such an advantage, if Yang Zhengshan needs to, there is no need to squeeze out Datong Money House. He can completely use the advantages of Datong Money House to develop Chongshan Money House, or even merge Datong Money House.

After hearing what Yang Zhengshan said, Zhang Qingsong's nervous mood relaxed a little. Although Yang Zhengshan did not say that Chongshan Money House would not expand to Liaodong, Yang Zhengshan promised that he would not let the Zhang family suffer too much loss, which was enough to make him feel much more at ease.

Yang Zhengshan's reputation is still very good, especially in the eyes of merchants doing business in Tenglongwei, Yang Zhengshan's reputation is absolutely top-notch.

Zhang Qingsong believed Yang Zhengshan's promise.

Afterwards, the two talked about the mutual exchange between Datong Money House and Chongshan Money House. Finally, Yang Zhengshan called Li Hai and asked him to discuss the details with Zhang Qingsong.

In fact, there is another advantage of the mutual exchange between Chongshan Money House and Datong Money House, that is, Chongshan Money House can borrow the experience and manpower of Datong Money House.

The Zhang family in Liao'an has been passed down for 300 years, and Datong Money House has also been in business for 300 years. It can be said that Datong Money House is the most professional money house in Liaodong. Cooperation with it can make up for the shortcomings of Chongshan Money House in many aspects.

With the support of Datong Bank, Chongshan Bank can get back on track faster and more comprehensively, which is exactly in line with Yang Zhengshan's plan. ...

On the 20th day of the first lunar month, it is auspicious to: get married, travel, come of age, trade, start business, move, build, and break ground. It is unacceptable to: consecrate, fast and offer sacrifices, and bury.

The Chongshan Money House in Chongshan Pass opened again on this auspicious day.

The first time Chongshan Money House opened was just to issue bonds. After the issuance of bonds, the money house was basically idle. On weekdays, there were only two clerks in the shop for customers who bought bonds to check the authenticity of the bonds or to do fair work for bond transactions.

Anyway, the previous Chongshan Money House was basically useless.

Now Chongshan Money House has reopened and has launched new businesses.

Amid the noise of gongs and drums, a wooden board was hung outside the money shop with the words "Grand Opening Sale" written on it. There was no charge for exchanging silver for silver bills, and not only was there no management fee for depositing money in the money shop, but interest was also given.

At the same time, there were eight waiters outside the door shouting to attract customers.

For a time, many people were attracted to the money house.

Many people were looking at the contents on the board and talking about it.

One of the middle-aged men in a green shirt couldn't help but ask, "Is it true that your bank doesn't charge for depositing money?"

"Of course. Not only is there no charge, we even give interest, 3% annually!" The clerk quickly replied when he heard someone asking.

"Is this true? Are you guys liars?" the middle-aged man was a little skeptical.

He had never heard of any money house that would earn interest.

Although the annual interest rate of 3% is very low, it also broke his cognition.

"Liar, hahahaha, this gentleman is joking. Our Chongshan Bank is a bank opened by the General's Mansion in Chongshan Town. It was established with the support of Lord Jing'an Yang!"

"The silver vault of our bank is the silver vault of the General's Mansion, and the guards of our bank are all soldiers from the Zhenbiao Battalion!"

The guy pointed at the soldiers patrolling nearby and said proudly.

The people watching around also said, "Yes, yes, yes, I remember that many people came here last year to exchange bonds, the same kind of bonds sold by the General's Mansion!"

"Yes, I heard that the value of that kind of bond has increased by fifty taels of silver now!"

"Isn't it? Last year, it only took one hundred taels to exchange for a bond note, but now it takes at least one hundred and fifty taels."

"Alas, what a pity! I was so blind at the time that I didn't realize that the price of this bond could actually increase!"

Many people were talking about the bonds issued last year. At that time, Yang Zhengshan was worried that the bonds could not be sold, but later he found that everyone was very welcoming to these bonds.

What Yang Zhengshan didn't expect was that today's bonds actually have monetary properties. Many merchants will use bonds as silver, just like silver bills.

This made the bonds even more popular, and many merchants even specialized in purchasing bonds. As a result, the price of bonds continued to rise, and now has reached 150 taels of silver per bond.

The middle-aged man heard people around him talking about the bonds, and couldn't help asking the guy next to him, "Do you still have those bonds now?"

The clerk laughed and said, "They are all sold out. If you want to buy bonds now, you can only find merchants in the city!"

"Is that so?" The middle-aged man looked inside the bank and asked, "Do you have many semicolons?"

The waiter smiled and said, "Don't worry, sir. Our Chongshan Bank will be opened in all the state capitals and county towns in Chongshan Town within a month, and all the generals and garrisons of each city will escort our Chongshan Bank."

"In Liaodong, our Chongshan Bank has reached a cooperation with Datong Bank on mutual exchange. As long as the banknotes of our Chongshan Bank are in stock, they can be exchanged for silver at Datong Bank!"

The middle-aged man's eyes lit up when he heard this, "Then can I also use the banknotes from Datong Bank to exchange for silver here?"

"Of course!" the guy affirmed.

The middle-aged man could no longer bear it, and walked straight past the clerk into the store, then took out a stack of silver bills and handed it to the shopkeeper behind the counter.

"I want to exchange it for silver!"

The shopkeeper was stunned at first, then he took the banknote and examined it.

Well, they are all silver notes from Datong Bank, totaling three thousand taels.

"Please wait a moment, sir!" said the shopkeeper, and then an old craftsman came to check the authenticity of the banknote.

This old master came from Datong Money House and was specifically responsible for checking the authenticity of Datong silver bills. He also passed on some experience and knowledge about silver bill identification to the guys at Chongshan Money House.

"These are all banknotes from the Jizhou branch, they cannot be fake!" The old master quickly checked and said to the shopkeeper.

The shopkeeper nodded slightly, then turned to the middle-aged man and said, "Sir, the total amount is three thousand taels of silver notes. I checked and found them to be correct. Is that correct?"

"Yes!" the middle-aged man nodded.

The shopkeeper smiled and said, "Please wait a moment, sir. We need to arrange for someone to go to the vault to get the silver. It will take about two quarters of an hour. You can go to the VIP living room to rest for a while!"

"If you are worried, you can follow our people to the silver vault to get the silver. Our silver vault is in the general's mansion!"

"Can I go too?" the middle-aged man hesitated.

"Of course!" said the shopkeeper.

"Then I'll go and take a look too!" The middle-aged man thought it would be better for him to follow.

The shopkeeper didn't say much, and immediately called a clerk to take the note to the vault to get the silver.

After the clerk walked out of the money shop, he immediately called six soldiers and went to the general's mansion together.

The money house is in the South City and the General's Mansion is in the North City. Although the distance between them is not far, just in case, the guards of the money house are required to protect you when withdrawing large amounts of money.

There was nothing unexpected about going to the general's mansion to withdraw silver. Although the silver vault of the money house was in the general's mansion, it was separated from the silver vault of the general's mansion. There was a dedicated person in charge of the silver vault, and it had its own entrance and courtyard, with only one door connecting it to the general's mansion.

The reason why the silver treasury was moved to the General's Mansion was to make use of the defense power of the General's Mansion, not that all the silver and money in the money house belonged to the General's Mansion.

The middle-aged man quickly withdrew the silver. The entire process was coordinated by the clerks of the bank and the clerks of the treasury, so he didn't need to do anything.

About a quarter of an hour later, the middle-aged man returned to the bank and got the silver that belonged to him.

Then he thanked the owner of the money shop and left, but in the afternoon he returned the silver.

It’s not because there is a problem with the silver, but because he needs to exchange the silver for silver notes, the silver notes of Chongshan Money House.

(End of this chapter)