Chapter 397 Winning
With the accidental death of Che Jiu Ming, president of Yuzhou Grain Merchants Chamber of Commerce, and the bankruptcy of his close members, the entire Yuzhou Grain Merchants Chamber of Commerce collapsed.
The endings of each member are also very different.
The better ones, such as Meizishan and Zhou Beicheng, were eliminated with small losses.
The rest were relatively tragic, such as the Lin family and the Mo family.
They were considered Che Jiu Ming's confidants. Like him, they stockpiled a large amount of food in order to take advantage of this opportunity to make a fortune.
In order to get these grains, they not only spent all their cash, but also used all their fields, shops and other properties as collateral to borrow silver from the money house.
In the end, because he went too far and became insolvent, all his property disappeared overnight.
Che Jiuming, the chairman of the Grain Merchants Association, lost his life. Although his position did not go bankrupt, it would have happened sooner or later if nothing unexpected had happened to him.
The Che family's more than one million shi of grain were finally dealt with.
The Che family owed the Liu family's bank about 854,000 taels of silver and interest, and the Che government used grain to pay it all off, spending a full one million dan of grain. The remaining 160,000 dan were sold by the Che government at the lowest price.
After the funeral, the huge Che Mansion's property with a total value of more than two million was reduced to only tens of thousands of taels of cash.
At this point, the Lin and Mo families of Chefu could no longer stay in Xuchang, and they prepared to move their families to other places to live with relatives.
The end of the Yuzhou Grain Merchants Chamber of Commerce is regrettable, and it also makes people realize that any game struggle is cruel.
At this time, the lights in Ji's semicolon were brightly lit.
The managers of Ji's Trading Company and Liaodong Chamber of Commerce were busy counting accounts and inventory.
Ji Wuyin and his son, Wu Ren, Lu Wei and others were reviewing their gains in Nanyang.
They won this round and got a big piece of fat meat.
Ji Wuyin said, "When we came to Nanyang, we prepared 400,000 dan of grain and 5 million taels of silver."
Wu Ren confirmed, "Yes, these 400,000 dan of grain were prepared by your Ji family, along with 2 million taels of silver. Our Liaodong Chamber of Commerce sent 3 million taels of silver in cash."
Young Master Ji continued, "At that time, the Yuzhou Grain Merchants Association held around two million dan of grain and around 800,000 taels of silver."
Lu Wei also smiled and said, "The grain brought in by foreign grain merchants is also in the millions of dan."
Ji Wuyin smiled and stroked his beard. "The two shipments of grain totaled about three million dan, and in the end they were divided into four parts."
Young Master Ji could not hide his excitement and said, "Our Liao-Ji Alliance got the lion's share of it, 1.8 million dan."
At present, the total amount of grain they have is as high as 3.2 million dan, which is terrifying.
Everyone who knows this total feels it is a bit unreal.
Seeing how excited the young men were, Ji Wuyin tried to calm them down. "Don't forget, one million dan of this must be returned to the Changping Warehouse."
Previously, they and the emperor borrowed one million dan of grain from the Changping Warehouse.
Wu Ren smiled and said, "Uncle Ji, we know that we can use the one million dan of grain that the chariot government owed to us to pay back the debt."
"Go on."
"Then let's talk about money. We didn't make much."
The two families together spent a total of five million taels of silver.
This silver also played a vital role in this battle.
They first used Zhang Xian as collateral, using one million taels of silver and one million dan of grain borrowed from Song Mo from the Changping Warehouse.
Later, he lent more than one million taels to Che Jiuming, Lin Zhanggui, Mo Zhanggui and others, and used this money to secretly buy grain sold by foreign grain merchants after the grain price was finally lowered.
The money went in and out, but in the end it remained at the original amount.
"It's normal that we didn't make any money. The silver lost by the entire Nanyang was actually the initial 800,000 taels of emergency funds allocated by the Yuzhou Grain Merchants Association."
"Yes. The 800,000 taels went into the hands of grain merchants from other places. They lost their grain and received over 800,000 taels of silver. Overall, they lost more than half."
"Of the remaining 1.2 million dan of grain, Xie Zhan's clan consumed approximately 500,000 dan."
"The amount of grain that flowed into the hands of the people of Nanyang was approximately 600,000 dan. This amount of grain could probably feed them for about two months."
The last 100,000 shi of grain were consumed during this period.
"The numbers all match."
It can be said that the Liaoji Alliance won this round.
The common people also won, buying a large amount of grain at a price lower than the market price.
Xie Zhan's faction followed behind them and also won.
The losers were the Yuzhou Grain Merchants Association and the foreign grain merchants who transported grain to Nanyang.
The Battle of Nanyang was Lü Songli's effort to help Zhang Xian solve the disaster relief problem while also earning credit for her father in exchange for the position of governor. Its political significance cannot be measured in terms of money and grain.
Wu Ren and Lu Wei exchanged a glance and simultaneously clasped their fists towards Ji Wuyin, "Uncle Ji, congratulations."
Adding two and one equals five, the Ji family and the Liaodong Chamber of Commerce can each get 900,000 dan of grain.
"You kid, congratulations."
Both sides looked at each other and smiled.
Ji Wuyin was truly impressed by Lu Songli.
Use surplus wealth to benefit the poor.
Using economic means to solve political problems is amazing. Women are really as good as men.
They continued to discuss and finally decided that Ji Wuyin and Lu Wei would take one million dan of grain back to Liaodong County.
It is now November, and the food the people have is enough to last for about two months. They plan to leave 800,000 dan of grain, which can almost sustain Nanyang until the summer grain arrives next year.
Wu Ren and Ji Dashao continued to stay in Nanyang.
Wu Ren originally brought people here to open shops and establish trade routes. He had originally planned to make Qingzhou the first stop, but Nanyang needed people, so he came here.
The people of Nanyang now have a good impression of Ji's business and the Liaodong Chamber of Commerce. It would be a pity not to take advantage of such a good mass base. Therefore, he planned to open a shop of the Liaodong Chamber of Commerce in Nanyang.
Young Master Ji stayed to complete the finishing work.
After all, Tao Xun and others stayed in Nanyang because of Ji's invitation. It was impossible for Ji and his son to leave without giving any explanation.
Then, these one million shi of grain had to be transported in two batches.
After making a decision, they contacted Lin Shan.
After Lin Shan helped foreign grain merchants transport grain to Nanyang, in order to avoid their entanglement, he took his fleet away from Luoyang Port and temporarily hid from the limelight.
However, he did not go far. As soon as Ji contacted him, he returned to Luoyang with his fleet.
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