King

The influx of a large number of immigrants not only solved the labor shortage dilemma of Xueyue Port, but also promoted the economic development of Crescent Port.

The migrant workers who were provided with food and accommodation by Mr. Hudson did not have much purchasing power, but they brought fireworks.

People come and go every day, and the street becomes prosperous. False prosperity is also prosperity. At least there are many shops in the city that are easy to rent.

Taking advantage of this opportunity, the Ministry of Commerce ended most of its money-losing businesses and retained only a few lucrative industries to continue operating.

The Ministry of Commerce only provides wholesale for bulk materials such as grain and cloth, leaving the sales side to private merchants who need to directly deal with customers.

With one increase and one decrease, the territory's financial data looks much better. Although the deficit remains high, the income column is increasing.

Putting down the official document in his hand, Hudson asked with concern: "How are the talks about inviting the Chamber of Commerce to move in?"

In a closed world like the Aslant continent, the small and medium-sized businessmen below alone cannot drive economic development. Large chambers of commerce with monopoly resources are also needed to join.

As a great nobleman, Hudson was able to engage in many industries, but there were even more that he was unable to get involved in.

For example: tea, spices, Warcraft meat, high-end weapon manufacturing, financial exchange, magic industry...

Anyone whose resources are monopolized by others and whose technical threshold is high is not easy to intervene. Rather than blindly throwing money at tuition fees, it is better to directly find someone to cooperate with.

It just so happened that Hudson had connections in this area. Basically all the mainstream chambers of commerce in the mainland had dealt with him, and everyone had a basis for cooperation.

“Duke, the cooperation has almost been discussed, and most chambers of commerce are willing to establish branches in Xueyue Territory.

Only the issue of financial cooperation has encountered trouble. Representatives of the Chamber of Commerce were skeptical about the security of the territories of the Near Eastern nobles and were worried that granting loans to them would lead to large amounts of bad debt in the future. "

Rudolph's explanation made Hudson frown.

Developing the Near East requires a lot of investment in manpower, material and financial resources. There are still ways to find ways to do the first two, but financial resources are the biggest headache for the small and medium-sized nobles.

If they just rely on their own efforts to accumulate slowly, they may not be able to develop the territory in fifty years. At this time, financial financing is very necessary.

The banking industry in Aslant Continent is underdeveloped, and the lucrative financial loan business has been incidentally carried out by major chambers of commerce.

Normally, noble lords are the best customers. With territorial income as collateral, there is basically no risk of default.

Unfortunately, these customers are basically not short of funds. Even if money is temporarily tight, everyone will find ways to raise money from the circle, and few will borrow from the chamber of commerce.

"If we can't reach an agreement on financial cooperation, then put the matter on hold for now. It's human nature to seek advantages and avoid disadvantages.

The situation in the Near East is not yet clear, so it is understandable that these people are unwilling to make big bets! "

As he spoke, Hudson sighed secretly.

Capital is still in its infancy in the Aslant continent. Under the control of the big nobles behind the scenes, these guys hate all uncontrollable risks.

Expecting them to risk losing their money and spend large sums of money to support the development of the Near East has a low success rate.

Hudson had no choice but to choose to contact these guys. The Kingdom of Alpha is too poor, not only the government, but also the nobles in the country are poor.

The war had devoured so much wealth that even the great nobles of the kingdom did not have much food left in their hands.

Hudson's reference template is the royal family. After acquiring a large tract of land, the usual choice is to concentrate efforts on comprehensive development.

However, the royal family's development progress of the new territory fell far behind Hudson's expectations.

You must know that in order to develop new territories, Caesar IV spent most of his time touring various places, and countless royal family members were fighting on the front line of development. You can imagine the importance he attached to it.

Having sufficient talent reserves, having a kingdom in hand, and being able to slow down development progress, there is no better explanation other than lack of financial resources.

The royal family with the deepest foundation has encountered financial difficulties, and one can imagine the plight of other nobles in the kingdom.

Even if we have some savings in the past, how can a country that has been engaged in military warfare all year round get rich?

It would be great if he could take care of his new territory. How could he have the spare time to spend a large amount of money and lend it to the small and medium-sized nobles in the Near East?

If the funding problem could be solved internally, Hudson would have already proposed it to the kingdom. Why introduce these uncontrollable large chambers of commerce?

Now that the attempt has failed, Hudson doesn't need to worry about it. The plan of borrowing chicken to lay eggs failed, and there was no hope of rapidly developing the Near East, so we had to change our strategy.

It is impossible to build a bank on your own to solve the financial problems in the development process for the nobles in the Near East.

The core problem is still - lack of money!

If he wanted to attract savings, Hudson didn't know who to turn to. In the kingdom, apart from some slightly wealthy nobles, there are only a few businessmen with considerable assets who can be considered customers.

Serfs, ordinary civilians, craftsmen, and even some small businessmen are not eligible to be customers.

It’s not that Hudson is discriminating because of his status. It’s just that with the current technology, the cost of playing finance is ridiculously high.

A small magic crystal card costs dozens of gold coins. If the demand is huge, the production cost may be reduced.

In the era of pure hand-made products, only magicians can make products. No matter how to reduce the cost, the price cannot be low.

If you acquire users at such a high cost, how many businesses will you have to do before you can recoup your investment?

If you do not use magic crystal cards and use more primitive accounting methods, anti-counterfeiting will be the most difficult problem.

If you want to imitate the use of magic anti-counterfeiting technology on bonds, all tellers must be replaced by magicians. How many magicians are needed?

Even if you spend money at all costs to solve the cost problem of acquiring customers, it does not mean that customers will come to your door.

No matter how good Hudson's reputation is, the bank is still new and it will be difficult to attract enough deposits unless it offers high interest rates to attract it.

In contrast, the opposite is true for loans. A large number of nobles are waiting for the rice to fall into the pot. As soon as the news is released, a large number of customers will flood in, and the bank will be emptied in a few days.

"Duke, should we also shelve the development bank project you planned?"

Rudolph asked slightly hesitantly.

Hudson has been preparing for this project for a long time. Preparations have already begun since the fiefdom of Xueyue Territory was determined.

The training of employees started two months ago, and even the location of the store has been specifically planned.

“The Development Bank is open for business as normal, but the situation has changed and our plans have to be adjusted.

The original plan was to cover all the nobles in the Near East and Northern Xinjiang, but now we are the only one investing, so the scope must be narrowed.

For the first round of loan disbursement, we only target the descendants of the branch of the clan and the nobles with close relationships.

The loan amount must also be limited, based on a comprehensive assessment based on the value of the collateral items and the security of the funds.

The higher the risk, the lower the mortgage discount and the higher the loan interest rate.

However, considering that most of the early customers are family members, the loan interest rate is tentatively set at 15%, and will fluctuate later based on the actual situation.

The total amount of the first batch of loans is tentatively set at less than one million gold coins. Considering the difficulty of absorbing savings, we will not set a goal to absorb funds in a short period of time.

In the early stage, branches are opened in Shandiling, Xueyueling and Wangdu. If you deposit funds at any store, you can withdraw them at other branches without charging management fees.

If you deposit more than two thousand gold coins in cash, you will get a magic crystal card as a gift. If your deposit is lower than this amount, you will be responsible for the card application fees. "

Hudson said without changing his expression.

It is impossible to charge interest, and he does not charge management fees because he has a conscience.

For newly born banks, operating costs remain high and it is not yet time to attract deposits with high interest rates.

Anyway, there are no competitors. If you have exchange needs, the Near East Development Bank is the first choice.

Of course, the most important thing is that credibility has not been established, and the nobles of the kingdom are too poor. Even if they are given interest, they cannot absorb much funds.

The real attraction of the Near East Development Bank is the ability to freely withdraw funds at various branches, which will save customers a lot of trouble.

After all, taking a large amount of cash on the road can be a risky endeavor. Being able to avoid the pain of transportation is a dream for businessmen.

It's just a trial operation now. If the results are good, Hudson wouldn't mind spreading the outlets to major cities across the country.

If it can be transferred across the country, then the working capital of merchants will most likely be in the accounts of the Near East Development Bank, and then an infinite loop will be started.

When the snowball is big enough, the idle funds on the books can be appropriately distributed in the form of loans, and wealth will naturally roll in.

As long as credibility does not collapse, the speed of capital flow is efficient enough. It is possible to leverage tens of millions of funds with a principal of one million gold coins.

However, if you want to achieve this step, you must cooperate with local snakes and share this big cake together.

…

Hudson from the Royal Capital Arcane Academy was staring at Robert who had broken through the sanctuary.

You can hide for a while, but you can't hide for a lifetime.

The debt owed must be repaid eventually!

Although their descendants have already made concessions in the smuggling trade, it does not affect Hudson's efforts to settle accounts with them.

The cards of the strong men in the sanctuary are only valid in the outside world. When meeting Hudson, it doesn't matter whether Robert breaks through or not.

“Marshal Hudson, don’t go too far!

Because of this incident, we have all become dead people, what else do you want? "

Robert said without confidence.

The "blasphemy" incident was not caused by him, but the fact that the news spread so quickly was also related to their deliberate indulgence.

If measures are taken immediately, the impact can be completely suppressed.

However, everyone has selfish motives, and so do the senior officials of the Arcane Academy.

As the most promising group of people to break through the sanctuary, there are countless pairs of eyes watching secretly. It is not difficult to break through the sanctuary while avoiding the outside world's sight.

The emergence of the "blasphemy" incident is undoubtedly a good opportunity to divert the spies' attention. Everyone was busy passing the news back, and everyone had a reasonable explanation for their sudden disappearance.

Every birth of a strong man in the Saint Realm will quickly cause a sensation in the mainland, and Robert is undoubtedly an exception.

Had he not seen it with his own eyes, Hudson wouldn't have known he had broken through.

Maybe Caesar IV was kept in the dark, or else he wouldn't have mourned Robert so neatly.

After all, the greatest value of a strong man in the sanctuary is intimidation. How can he scare people if he doesn't show it off?

It is indeed possible to hide Yin people, but it is not suitable for the current Alpha Kingdom. Surrounded by alien races, the kingdom needs to be strong, strong, and stronger.

"Sir Robert, what you said is too much.

As an old friend, I just came over for a visit, which made me feel like I wanted to eat you.

What is immortal is so unlucky!

Is it possible that after breaking through the holy realm, he took on a new identity and no longer recognized his old friends? "

Hudson said with a half-smile.

He came here today not only to find trouble, but also to find someone to do something with.

Although the production process of magic crystal cards is not monopolized by anyone, all those who can produce it are the top powers in the mainland.

As the third-ranked kingdom, the Alpha Kingdom has naturally conducted research in this area, and the technology appeared decades ago.

Like other major powers, this technology has not been promoted and is only used by several major chambers of commerce in the kingdom.

With Hudson's status, it is not difficult to obtain technology after paying a certain price.

Trouble is, he doesn’t have that many workers on hand!

The few magicians in the territory are living a 996 life just by making magic potions, and if they increase the workload, something will happen.

Considering the demand for magic crystal cards, Hudson is in urgent need of a group of cheap workers.

“Hudson, stop doing this!

If you really want to visit a friend, please..."

Before he finished speaking, Maxim glared back. Before he could recover, Bear Stearns stretched out his bear paw and patted him lightly on the shoulder.

After being tortured like this, Robert lost his temper instantly. I originally wanted to invite these two people out, but now I have to hold back.

Being approached by a sacred monster is much more dangerous than having a knife held to your neck.

"Come back, you two, haven't you seen the Holy Domain Magician? It's so shameful to make such a fuss!"

Hudson scolded with feigned annoyance.

It's a pity that Robert didn't buy this performance. They don't dare to shout with dragons and bears because they have no scruples and dare to kill people when they're angry.

"Hudson, that's enough!

If you want anything, just say it directly and don't give me any excuses.

Anyway, everything has happened, and compensation has been given to you. It is impossible for me to agree to such excessive demands! "

Seeing Robert swearing directly, the anger in Hudson's heart had almost dissipated.

"Robert, am I the kind of narrow-minded person?

I came here to visit an old friend this time. I just want you to help me make a batch of magic crystal cards, plus identification equipment.

You only need to let the instructors of the academy control the key processes, and leave the rest to the students.

I have prepared all the raw materials. As long as the success rate reaches 70%, it will be considered as a social practice class sponsored by me! "

After hearing what Hudson said, Robert breathed a sigh of relief and then rolled his eyes.

It's just a batch of magic crystal cards. Is it going to make such a big noise?

The largest chamber of commerce in the kingdom cannot issue a thousand magic crystal cards every year. Given the size of the chamber of commerce under Hudson, Robert is not worried at all.

Just after seeing the list of supplies, Robert stood up from his position, staring at Hudson with an expression like he was looking at a fool.

"Marshal Hudson, the items on the list are enough to make 50,000 magic crystal cards.

If you have a lot of money and no place to use it, you can donate it to the college. There is no need to waste it so much! "

Magic Crystal Cards are different from ordinary products in that they are all customized products. Once it is made, no matter whether you need so much, you can only digest it yourself.

"Robert, just arrange for someone to make it. Even if it falls into your hands, I won't cause any trouble for you.

Don't worry, this is only 50,000 pieces. When my business opens, I can use all 500,000 pieces! "

Hudson said with a smile.

He knows the market potential of this thing better than anyone else.

Not to mention that everyone holds a card, even if every thousand people hold one magic crystal card, the kingdom can digest tens of thousands of magic crystal cards.

The actual proportion of card holders will only be higher. Once the Near East Development Bank becomes popular, if you don't have a magic crystal card in your hand, you will be embarrassed to say that you are a noble.

Coupled with private businessmen, the entire Northern Continent has digested half a million magic crystal cards, which is really not a boast.

As for promoting it to the entire continent, Hudson doesn't have that much appetite.

People's connections are concentrated in the Northern Continent, and banks are a place where people compete for resources. This means that the market is destined to be limited to the Northern Continent.

"impossible!"

"Your Excellency, Marshal, there are only 800 students in the academy. Even if everyone makes magic crystal cards for you, it will take two months, which will greatly affect the teaching progress.

If you really force the arrangement, I'm afraid it will damage your reputation! "

Robert decisively refused.

Social practice classes are not practiced this way.

If it only took a few days, he wouldn't mind giving Hudson face, but it would take too long.

The reasons are all ready.

The reputation of an aristocrat is greater than the sky, and he does not believe that Hudson would use his reputation for an unreliable business plan.

"There are not enough students in the Arcane Academy, so there is also a Magic Academy!

Bring the two academies together to organize a magic skills competition, and I will sponsor the prizes.

One hundred bottles of magic potion to assist cultivation, you can make up your own rules on how to distribute them.

They are all high-end potions with no side effects. According to the market price, they are enough to cover the labor cost of making magic crystal cards.

If anyone still scolds me, that's your problem! "

Hudson said calmly.

High-end potions are essentially designed to rip off rich people, and the main thing is – expensive!

A bottle of 10,000 gold coins is equivalent to a low-level magician practicing on his own for one year, and it will be ineffective when encountering bottlenecks.

It is also effective for high-level magicians, but the higher the level of cultivation, the smaller the increase.

There is no way, the energy in the potion is constant.

The price-performance ratio means that there is no cost-effectiveness, but this does not affect everyone's yearning. After all, increasing cultivation is real.

Children of ordinary nobles would definitely not be able to use it. Even if they were children of great nobles, only a very small number of their direct descendants would have the opportunity to take it.

For students who are in the growing stage, this will be the best opportunity for them to distance themselves from their peers.

The prize worth millions of gold coins made Robert, who wanted to object, swallow his words.

There is no way, the gift is too much.

If these resources are concentrated on a few people, a few geniuses can be created very quickly.

The road to the strong is always to strive for the first step.