Chapter 118 Dongli Yangxing and Oshida Law

Hu Chuyuan's performance in the negotiation of the Anglo-French arms sales agreement shocked the Qing court. Compared with him, Li Fengbo, the envoy of the Qing Dynasty to the five European countries, seemed to be useless.

Hu Chuyuan did not want to accept the eulogies of the officials. He did not even stop in Fuzhou and rushed to Shanghai.

Hu Chuyuan was surprised by Tan Yiyun's telegram to Europe - Xu Run accepted the invitation of Zhang Shusheng, the governor of Guangdong and Guangxi, to go to Guangzhou to open a China-Guangzhou Commercial Bank.

In addition, because Jiangnan Commercial Bank has fully entered the sugar industry and agreed to act as an agent for Mobil Yanghang's diesel and kerosene, coupled with various contradictions in Qianzhuang business, Ningbo Shangbang and Guangdong Shangbang, with the support of Yihe, Shaxun and other giants, will fight to the Jiangnan Department in this year's raw silk acquisition war.

Whether it is the loss of Xu Run or the Jiangsu and Zhejiang silk market, this is an irreparable huge loss for Hu Chuyuan.

Shanghai in May is warm, with a dark green torrent surging in the Huangpu River. The noise of the new tea listing has not yet dissipated, and the spring silk will also appear hotly, attracting the pursuit of all capital.

Businessman, a tly way.

The ship quietly docked on the shore without attracting any attention. Under the condition that no one paid attention to it, Hu Chuyuan quietly entered the dock and boarded the carriage accompanied by a few attendants.

He only asked people to arrange the most ordinary carriage and silently disappeared by the noisy Huangpu River.

After smashing 100,000 taels of silver for Prince Gong, Jiangnan Commercial Bank successfully obtained the approval of the imperial court to open the Jiangnan Telegraph Bureau and reported and repaired it at the same time. At present, it has already completed the laying of the main line around the sea from Tianjin to Shanghai and Hong Kong, and is concentrating manpower on laying the main line of the Yangtze River.

With his own telegram network, communication became much easier. As soon as Hu Chuyuan arrived in Fuzhou, he sent a telegram to Tan Yiyun, and it was Tan Yiyun who came to pick him up.

When the carriage drove out of the dock, Hu Chuyuan calmly asked Tan Yiyun, "What's the current situation?"

Tan Yiyun sighed and said, "Boss Xu must be leaving. This news has already spread all over the Shanghai Beach. Probably because he was leaving and you didn't return, Ningbo Shangbang and Guangdong Shangbang were particularly arrogant. They decided to take the raw silk of Suzhou, Jiaxing and Ningbo. I heard from Pang Yunyu that they also contacted him and Liu Yong, but he and Liu Yong immediately refused. In fact, it is terrible for these two business gangs to work together, but they may not be our opponents. The key is that there are still two foreign banks of Yihe and Shasun behind it. The strangest thing is that I have also participated in it. According to reason, I should not have this ability at present. Besides, what do we monopolize the domestic raw silk market and what do with them? Relations, they don't operate raw silk in China?

Hu Chuyuan couldn't help but be a little curious and asked, "What's wrong with me?"

Tan Yiyun said, "I opened a Dongli Yang store on Nanjing Road at the end of last year, running an antique business, import and export, buying coal and iron ore, and selling some miscellaneous fake foreign goods. I've sent someone to observe that the business is very bad, but I'm afraid the owner knows the big class of this family!"

Hu Chuyuan asked, "Who?"

Tan Yiyun said, "Shize Pingdong, Wang Baotian said that he had met him. He came to the courtyard to invite you to participate in the Japanese antique auction. He also often went to our Rongbaozhai to see the goods and bought a few gadgets, which were not very valuable.

Hu Chuyuan frowned slightly and thought that this matter was really a little troublesome.

There is no doubt that those chaebols also know that they do not have the strength to gain a foothold in Shanghai. They have neither advantageous commodities nor preferential treatment, let alone much money.

The reason why they squeezed into Shanghai at this time is to inquire about intelligence, and to find a way to solve the problem of silk prices in the south of the Yangtze River.

After Hu Chuyuan controlled the Jiangnan silk industry, the price has been very low, and the sales in the United States have increased, which has a great impact on the Japanese economy. Last year, the export of Japanese silk fell by about 10%.

If Hu Chuyuan continues to press prices this year, it will have a real impact on the Japanese economy.

He rubbed his eyebrows and sighed, thinking, this is probably the so-called butterfly effect, right?

Tan Yiyun continued, "Boss, I told Boss Xu before that he was waiting in the Yinghua Hall in Yongyuan! Before I keep him, I have to show you another thing. I think this matter is more urgent than Boss Xu's departure. Maybe it is more urgent than the acquisition of raw silk!"

With this, he took out a locked vermilion mahogany box, opened it, and took out a thick book with a purple cover from it.

Hu Chuyuan felt strange and thought, why didn't you make it clear in the telegram at once? Are you afraid of spending more money?

But when he looked at the cover, he knew that it was not the case. He really had to say it face to face.

Because this account book is the general ledger of Yufeng Society... It's very secret. Hu Chuyuan has only seen it twice before. In fact, he doesn't want to read it at all. He has a headache once.

Hu Chuyuan couldn't help asking Tan Yiyun, "What's the matter?"

Tan Yiyun smiled bitterly and said, "Dong, you can have a look!"

Hu Chuyuan had to take Yufeng's general account and open it with a headache. Soon, he pulled to the last page, but at this look, a thin layer of cold sweat appeared on his back.

It turned out that after these two years of development, the land held by Yufeng Society in Shandong has increased from 3.4 million mu to 4.77 million mu, and the land held in Hebei has also increased from 1.25 million mu to 2.2 million mu. In addition, Yufengshe also holds an amazing number of ya tian.

Hu Chuyuan took a breath and didn't understand. He inevitably blamed Tan Yiyun and asked, "Didn't I let you wait until the right time to sell it? Why do you buy more and more?

How can it be like this? Manager Tan is not an unreasonable person. How can he be so aggressive?

He can't figure it out.

Tan Yiyun was not very anxious and said, "It's my fault. The business is really busy, and I can't take care of the affairs of the grain club for a while. Later, I picked out Hu Dazong and let him take full responsibility for this matter.

"Hu Dazong?"

Hu Chuyuan took a little effort to recall that he could probably think of this person.

Hu Dazong is a native of Hujiazhuang, Jixi, Huizhou. He is from the same hometown as Hu Xueyan. At the age of 14, he was thrown out by his parents and placed as an apprentice in Yufeng Mixing in Hu Xueyan. Later, he worked as a pawnshop and also handled silk shop and Qianzhuang.

Now that he is only in his thirties, he has been a shopkeeper in the Hu family for six years.

Hu Chuyuan was a little dissatisfied and said, "Even if he is a little reckless, should you control the fire?" In case Li Hongzhang and Sheng Xuanhuai know about this matter, I will take this question to seize the good land and gather the field to plot something bad. Even if I don't lose my head, I will have to peel it.

Tan Yiyun nodded silently and said, "I know that I have let Dazong deal with it. He found more than 20 Jixi shopkeepers and smen from his hometown in Hangzhou and the business firm, and asked them to go home and recruit more than 30 people to be keepers through relatives and friends, about 600 before and after. The bulk is a single-line contact with the shopkeeper, the shopkeeper's single-line contact with the manager, pressing these fields to them to operate, and the land deed is also given to them, but there is another contract to suppress them. Everyone bought houses all over the country. It is just said that Jixi rice merchants operate crops in Shandong and Hebei, and everyone has more than 10,000 mu of land in their hands.

Hu Chuyuan couldn't help nodding and said, "This is a good way. When I finish this period of work, if you ask Dazong to come to see me, I will reward him with a bonus."

Tan Yiyun smiled and said, "I have let him wait in the business for a long time. If you want to see him, we can go to the business first."

Hu Chuyuan shook his head and said, "It's a little strange recently. Don't say I'm back. Let's go to Wanqi Bank for the time being."

Tan Yiyun nodded and said, "O OK."

Immediately, he knocked on the glass window of the carriage and whispered to the driver, asking the driver to go to the headquarters of Wanqi Bank on Huangpu Road.

Hu Chuyuan looked at the general account of Yufeng Society for a while, and then asked Tan Yiyun, "What is Oshida?"

Tan Yiyun smiled and said, "This is also a new tricks made by Hu Dazong. He lends and releases grain to local farmers. The farmer bets the land deed to him, and the land is still owned by the farmer's family, but the management power is in our hands. It is up to us to decide what to plant, and we are also responsible for the acquisition."

Hu Chuyuan nodded slightly and praised, "This is a good way."

Tan Yiyun smiled and said, "That is, Dazong can think of it. He is an old man of Mi Xing, a good farmer, and has worked in Qianzhuang, pawnshop and Sixing. To put it bluntly, this method is to exchange long-term deposit for harvest. On this basis, the bulk has also made a set of rules. First of all, it is up to us to decide what to grow. The harvest must be sold to us at the market price. We lend low interest rates to farmers to grow grain. The rest of the things are the same as Jiangnan Agricultural Cooperative, but We are going through the secret road.

Hu Chuyuan asked curiously, "What's the secret way?"

Tan Yiyun said, "We don't do business under the business name of Yufengshe at all. On the surface, we are scattered and do our own things. Everyone is secretly a one-line contact. Each stewary cooperates with the local squire alone."

Hu Chuyuan continued to ask, "What's the matter on the account?"

Tan Yiyun said, "It's all the business of the villagers. No one dares to be a blindfold. It's just that at the end of the year and the autumn harvest, more than a dozen master accountants from the bank are drawn from the bank to check the accounts in various places."

Hu Chuyuan nodded again and said, "This business is interesting, but how did he get so many fields?"

Tan Yiyun smiled and said, "My employer, the bet price we offer is fair. We deposit four cents of silver per mu of land a year. I think the bulk business is very interesting, so I agreed that he would use all the grain of Yufeng Society for the field. The grain prices in the north are still very high, and the prices in various places have not returned to the level of a few years ago, which gave us an excellent opportunity. At the end of last year, we bet more than 10 million mu, and continued to bet more than 2 million mu at the beginning of the year. Mu."

Hu Chuyuan said: "The deposit method is indeed an interesting deal, but the yield is still low. Let's calculate it according to the annual output of six turrets of one mu of land, and deduct Ding tax and rations. The farmers sell us at most two ducts of silver at the average price of five taels of silver, and sell six taels of silver, deducting taxes, tax, gold and labor. Each load of grain can earns at most two small amount of silver, 10 million mu, and 20 million taels of grain can earn 4 million taels of silver. . It doesn't look low, but think about it, how much we invest, on average, ten years to recover the cost!"

Tan Yiyun smiled and said, "My employer, the deposit is a long-term deposit, which has to be deducted from the annual grain collection. Therefore, we can earn four cents of silver per load of grain. As long as we operate well, the average annual output per mu will definitely be more than six tals of grain. Even if it is calculated on a six-load basis, after deducting cost and investment, the net income is 30%. The interest rate is not high, but after all, it is a large transaction. With small profits and more sales, we can also make a lot of money. What's more, our initial investment is only 4.7 million taels of silver, which also includes the 700,000 taels of silver in Shanxi!"

After a pause, he said, "In case of famine, we have also signed the contract with the farmers. We should collect at least two tons of grain every year. Otherwise, we will continue to roll for another year."

Hu Chuyuan nodded, which was basically the default.

It's not very far from the dock to the headquarters building of Wanqi Bank at No. 16 Bund. The carriage deliberately walked slowly, and now it has arrived.

Tan Yiyun first went to the bank to find someone, and then the carriage circled into the backyard. Hu Chuyuan then came down and entered the bank building.

Absolutely surprised everyone that he also holds 42% of the shares in this 100% U.S. bank.

Fister Delano happened to be in the bank. When he learned that Hu Chuyuan had come back like lightning, he immediately asked someone to open a reception room that he usually didn't use, waiting for Hu Chuyuan here alone.

As soon as the two met, Fist Delano smiled happily and said, "Hello, Hoosir, I heard that you are very beautiful in Europe and bought a very beautiful mansion, which really makes me envious!"

Hu Chuyuan smiled bitterly. He sat down without waiting for Fister Delano's invitation and said to him, "Don't be polite to me. You won't know why I'm in such a hurry to come back!"

Fister Delano nodded gloomyly and said, "A few days ago, Butterfield came to me to talk about this matter. There is no doubt that we must support you 300%. Once the price of silk is high, the most pitiful thing is actually me and him. The two of us made a division of labor. I kept in touch with Sassoon and Yihe Foreign Bank in the front, and he was in contact with French and German Foreign Bank in the dark!"

Hu Chuyuan asked, "Who is the main leader this time?"

Fist Delano said, "It's strange to say that if my news is not wrong, it should be that your Beiyang merchant is sending people to contact. Among them, it is also strange that there are one or two Japanese merchants. They first contacted the two foreign merchants, Shasun and Yihe, as well as Guangdong merchants, and finally Ningbo merchants. Their strategy is that major foreign banks prohibit the purchase of raw silk and tea from Jiangnan commercial banks, resulting in a shortage of funds in the Jiangnan Department. Foreign banks dismantled their loans, invested by Ningbo merchants, and cooperated with Guangdong merchants and other Jiangsu and Zhejiang silk merchants to buy raw silk. When the price is high enough, foreign banks first buy the raw silk of these merchants. Then he reached a very low-priced acquisition agreement with Japan, forcing Jiangnan Commercial Bank to sell raw silk at a low price. Perhaps there are many things to come. In short, Mr. Butterfield thinks this is a very powerful commercial fraud tactic.

After listening to this, Hu Chuyuan couldn't help sneering.

Unfortunately, he has completed the layout in advance and secretly won 42% of the shares of Wanqi Yanghang and 55% of Taikoo Yanghang.

(to be continued)