Chapter 457 Skyrocketing Bonds
The news of Normandy's victory and Wang Jun's defeat of the Guise Catholic League spread to London, and the first response was government bonds.
Because in this era, there is no stock exchange, and there are no stocks, and government bonds are the kind of things that can be traded and change everyone, so they exist in London's large and small exchanges.
Due to the economic and trade prosperity of England and the entire United Kingdom, London has become the largest export and import port, with a wide variety of goods.
Businessmen in order to save time to complete the trade more efficiently and obtain profits, the exchange was born.
This is the result of the natural formation of society, not the guidance of some traverser, but the prosperity of the economy was promoted by him alone, and part of the reason is also due to him.
Here, there are transaction information of various goods, and it is the best place for merchants to trade goods.
Every merchant can list the goods they need or sell here, and give an ideal price. If someone is interested, a deal will be concluded.
London South Exchange.
"URGENT NOTICE, URGENTLY NEEDED CONSOLIDATED GOVERNMENT BONDS, 1 shilling per share!"
"Desperately in need of Coalition government bonds at a shilling and twopence a share!"
"One shilling and three pence!"
...
Through the exchange, the news of the demand for United Government bonds was buzzing and became the main theme of the exchange.
Not only Chengnan, but also the other four exchanges in London, the demand for bonds has increased dramatically.
The reason for this is that in order to support the action of attacking France, the United Kingdom government issued a large amount of bonds, the amount reaching 500,000 pounds.
More importantly, in order to save interest, the coalition government is prepared to use the interests of its own four layers (according to the interest distribution practice stipulated by the king, four layers of the government, three layers of the military, and three layers of the royal family) as guarantees, and allow bond winners to Bond convertible to French land, five floors below market price.
That is to say, if you buy a ten-pound bond, you can use this bond to buy land in the British-occupied area of France, and the land price is five floors lower.
As we all know, France has nothing else but a lot of land, and the land is fertile. Compared with England's humid weather, the annual harvest is much higher.
With the increase of the population of the United Kingdom and inflation, the value preservation of land has been unanimously recognized by everyone.
But in England and the United Kingdom, most of the land is owned by famous people. They naturally know that the land is rare, and the chance of selling it is equivalent to no chance.
The Royal Army's continuous victories, and most importantly, their defeat of the French Field Marshal Duke of Guise, has allowed the United Army to continue to increase its weight in the hearts of the people of the entire United Kingdom.
More importantly, after four months of slow sales of the half a million pounds of bonds issued by the coalition government, there are still more than 100,000 bonds left.
At the moment when Wang Jun won, the 100,000 debts were sold out immediately. Not only the nobles and businessmen, but even the beggars on the side of the road and the women who lost their way in brothels all knew that buying government bonds was cheaper than paying money. High (high) interest rate loans also make money.
This wave has swept through the United Kingdom, and the calls to buy bonds in the Exchange are louder than the cries of stumbling women at night.
Ampton Palace, on the green.
As the king of the United Kingdom, Edward is lying leisurely on a special deck chair, with an imperial parasol above his head trying to protect His Majesty from the scorching sun.
He looked at a book in his hand, a collection of poems about the British goddess, or a collection of stories, all of which described stories about the British goddess.
In the West, belief and respect are two different things. People can respect other gods, but belief and prayer belong to God only.
This collection of poems praising the British goddess is extremely popular throughout London. It is said that the sales volume has reached 5,000 copies a week. That is to say, one out of every four hundred people in London is holding this collection of poems.
This is extremely rare in the sixteenth century when the literacy rate was underground.
Seeing this achievement, His Majesty Edward had to lament that in this era, religious suppression is still too severe, and people lack entertainment!
"Your Majesty, the government bonds in London are now worth one pound and two shillings per share!"
A secretary hurried over and whispered in Edward's ear.
"Oh! I see!" Edward agreed without raising his head:
"Still according to my instructions, at two o'clock in the afternoon, sell bonds of 100,000 pounds, no need to say anything!"
Of course Edward knows that these secretaries are distressed by so much profit. They think that the current price is not the final price of the bond. It would be a pity to sell it today!
But the young king didn't think so. The 200,000 pounds of bonds he bought before were sold after a while, although he could get a bigger profit.
However, if you sell it now and earn more than 16,000 pounds, it is enough. Besides, the world changes too fast. Who knows that victory at this time will not fail after a while?
At this time, the sale of 100,000 pounds is to reduce risks, and the second is to allow Londoners to obtain more benefits, so as to condense more community of interests, and let the war kidnap the entire London and the United Kingdom.
"Yes, I will follow your orders!" The secretary gave a helpless look at His Majesty the King who continued to read, and said in a low voice.
Not long after the secretary left, Edward heard a voice again, very immature.
"Father, father, I want to ride a horse, I want to ride a horse~"
His Majesty Edward looked up helplessly. It turned out to be his eldest son, Henry Tudor, the first son born to little maid Lucy.
Edward still attaches great importance to this eldest son. If there is no accident, he will replace the royal family in the future and guard the territory of the French kingdom, such as the Normandy area.
"What's the matter? My Henry!" Edward's tone was very gentle, and he had always had a good temper with this seven-year-old son.
Because he is relatively busy, the teachers who educate the children are taught by the teachers invited by the royal family and their mothers, that is to say, Lucy and others play the white face, and Edward plays the red face.
"Father, I also want to ride a horse, a big horse!"
Little Henry has long brown hair that curls slightly upwards, brown eyes, his lips are curled up at this time, his right index finger is pointing aside, he is riding a horse, and is constantly patrolling around the guards.
"Oh? Really? Little Henry wants to ride a horse?" Edward rolled his eyes and asked softly.
"Yes, father, I want to ride a big horse! Ride a big horse!" Little Henry pouted his lips and nodded with certainty. He was afraid that Edward would not allow him, and he repeatedly said about big horses, which was indescribably cute!
"Then can you insist on bathing it every day, cleaning it up, and helping him comb its hair, and taking it out for a walk often?"
(end of this chapter)