Chapter 459: Idar Royal Exchange
The first plenary session of the Idar House of Representatives ended, but Sam Layton quickly jumped to Bruno's side.
"Are you asking about the Central Province?"
Looking at the backs of the congressmen, Bruno said calmly.
"Yes..." Sam Layton nodded.
Through this meeting, Bruno divided the Principality of Idar into eight provinces.
However……
The geographical locations of two of these provinces are particularly special.
One is naturally the province of Valence, which borders the Second Norman Empire ruled by the Second Prince Reyes.
But after all, Idar's army had already set up defenses there, and the strength of the neighboring countries was relatively limited, so there was no problem.
But……
The Central Province is completely different! Not only does it border the Principality of Sidon, but it is also adjacent to the Auguste region under the control of the Church! Although there is no clear evidence that the Church has completely controlled the entire Auguste region, Bruno and the Idar army cannot help but make such an assumption in advance.
Otherwise...
Could it be that the money and grain that the church sends to the Auguste region every year is for afforestation and sand fixation? !
Anyway, Bruno would never believe that the church would have such awareness.
so……
The Idar army will inevitably be stationed in large numbers in the central provinces to consolidate the Idar Principality's rule over this land.
"In fact, I have already discussed this matter with Old Ford and others..."
Bruno pondered and said, "...We still don't know how powerful the hidden power of the Church of Light is, so...the civilians living in the central provinces should migrate to the east as much as possible to leave enough buffer space for possible wars and conflicts."
Because it is adjacent to the Ogur Desert, the northwest area of the Basel Palace has a small population and is not suitable for farming. So in Bruno's opinion, it would be better to arrange for them to move to the east for the time being.
after all……
The development of magical industrialization has led to a growing demand for the labor force in the Principality of Idar. Even if the civilians are relocated eastward, they will not lose their livelihoods.
If the land remains but the people are lost, both the people and the land will be lost; if the people remain but the land is lost, both the people and the land will remain.
Since Bruno cannot build a steel wall that stretches a thousand miles across the central plains, Idar’s army currently does not have enough soldiers...
Then Bruno could only settle for the second best and leave enough buffer space so that Idar’s army would have sufficient mobility when facing conflicts and crises.
"I'm a little full after eating this..."
As the commander-in-chief of the Idar Army, Lieutenant General Sam Layton naturally understood the meaning of Bruno's words: "I understand!"
…
Although the establishment of the Idar House attracted the attention of the vast majority of people in the Principality of Idar.
But……
In the Merlin District, in the eyes of merchants of all sizes in the Principality of Idar, the establishment of the Idar Royal Exchange is also explosive news.
There is no doubt that
Even in the Principality of Idar, which is full of wonders, the combination of Big Ben and the West India Exchange is definitely eye-catching.
Just on the third day after the first plenary session of the Idar House ended, the melodious bells of Big Ben finally echoed over the Merlin District for the first time.
To be honest, at the beginning, the merchants didn't know what the Idar Royal Exchange was.
Exchange? Trading? But where is not trading? Whether it is the commercial street near the Baths of Caracalla, the storefront shops near the Idar Department Store, or the commercial houses that stretch along Idar Avenue, merchants can trade everywhere.
but……
As the Idar Government Office issued notice after notice about the Idar Royal Exchange, the merchants of the entire Idar Principality were completely excited! The reason was simple. Their lovely Duke had come up with a new thing, and the name of this thing was... stocks! Of course, the merchants of this era didn't know what stocks were, but...
Who can become a businessman in this era is not a monkey-like guy? They all looked like chicken blood, holding a booklet approved by the Idar Government Office and compiled by the Idar Royal Exchange, and carefully read it.
In the process of careful reading, the mentality of businessmen is constantly changing.
The most excited people were naturally the small businessmen in the Principality of Idar! Because the emergence of stocks undoubtedly provided them with a new business idea and business model! The shares issued by the corporate organizations jointly funded by shareholders can also be freely traded in the secondary market (Idar Royal Exchange)!
Not only does it provide liquidity, but it also gives them the confidence and possibility to expand their business!
This is exactly what Bruno wanted to see! The tulip bubble did make Bruno a lot of money, but the money he held in his hands would only be valuable if he spent it.
They can not only be used to build wonders, build roads and bridges, and construct infrastructure...
It can also be used to support the economic development of the Principality of Idar and promote the commercial prosperity of the Principality of Idar!
Indeed,
Idar United Savings Bank has already issued a lot of loans during this period, but... after all, it is just the Stuart family's property, and after all, it is just Bruno's own work.
And now...
Bruno plans to make the currency of the entire Principality of Idar circulate through the stock market and the Idar Royal Exchange, so that they can bring greater benefits to this land!
…
Eric Barrios can be considered one of the countless ordinary businessmen in the Principality of Idar.
Before following the "army" of refugees to the Principality of Idar, he was just an inconspicuous civilian craftsman.
And when he gained the recognition of the Principality of Idar and obtained his own identity document, the business talent that had always been hidden in his mind seemed to be aroused unintentionally.
then,
Taking advantage of this precious opportunity of the popularization of the Jenny textile machine, this smart man, through his own efforts, actually ran a large-scale textile workshop in the port of Colon in the province of Armis.
Compared with other textile workshops, the clothes produced by Eric have more styles and patterns, and the prices are not high, so they are quite popular among ordinary people.
Every batch of clothing produced would be snapped up in a flash by the civilians who flocked in.
therefore……
Eric Barrios naturally came up with the idea of expanding the scale.
But he is just a commoner after all. Where would he get the money to expand the scale?
The Idar United Savings Bank did provide him with a considerable loan, but the production capacity of his textile workshop could not keep up with the growing demand.
then……
When he finally closed the books "Stock Trading Tips" and "Listing Rules" from the Idar Royal Stock Exchange...
A bold idea gradually emerged in Eric Barrios' mind...
The development history of the Principality of Idar has repeatedly proved the truth that "follow the Duke and you will have meat to eat."
so……
He, Eric Barrios, is going to be one of the first merchants to enter the Idar Royal Exchange! [Today's Joke]
A place to spend the night is called a hotel, but a place to drink is called a nightclub.
(End of this chapter)
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