C2979 Eugene and Andrew (1/2)
What was the most important thing in business? Of course, it was just cash flow. Why did so many talented businessmen fail their business? Actually, it wasn't a loss in terms of ability, but rather a loss in terms of breaking cash flow.
Napoleon's statue had been exchanged for 70,000 francs in cash. Although it was only the Bank of England Standard Chartered's promissory note and not real gold, but at the moment, whoever possessed the assets of the Bank of England was undoubtedly the best.
With the endorsement of the promissory note, Eugene and Andrew easily borrowed 100,000 low-interest francs from other merchants. Most of the money was in small amounts.
Even though Paris was surrounded by soldiers, there was still quite a lot of money in the hands of rich people. As long as you looked for people who were brave enough to lend you some money in exchange for a tiny bit of interest.
There were even some merchants who gave Eugene silent loans, giving him thousands of francs for free to use. Why was that?
At the end of the day, it was still about the safety of their funds. For various reasons, the merchants who hadn't fled Paris all had a deep worry in their hearts.
That would be the rebirth of the violent revolution. When that happens, the entire city will be robbed. With the money in your hands, can you hold on? Even if it was buried in the ground, what if the maniacal thugs tortured it to death?
It was not safe to keep money by your side, and France's bank was not safe either. Who knew if China could hold on? Even the Imperial Bank was not completely safe, the little rumor had already spread around, there were people from the Imperial Bank who stole millions of francs.
It's not safe to keep it by your side, and it's not safe to leave it in the bank. So where would be the safest place? England, of course!
The current British Empire's international credit was the same as the future America. Regardless of whether this country was bad or not, it was still the strongest country in the world in terms of military power.
Powerful also represented safety, money had a safe pursuit, who in the chaos didn't want to put money in a safe place?
There are too many such examples. The prosperity of modern China's Shanghai is inextricably linked to China's civil war!
After fighting the Taiping Heavenly Kingdom once, their funds would be transferred to Shanghai, and after that, they would be transferred to Shanghai. What would happen next? Then there was the warlord decree during the Republic of China!
Once the war started, Shanghai would be flooded with safe haven funds. The more war went on, the richer Shanghai would become, and gradually, it would become the largest financial trading hub in East Asia at that time.
Looking back, when a war broke out in any part of the world where the United States was the sole ruler, the funds would definitely be sent to the United States market at the first possible moment. It didn't necessarily mean that there was a certain way to make money, but at least that part of the world would be more or less secure!
It was the same in Paris during the Franco-Prussian War, where civilian funds were desperately in need of a safe passage to Britain.
In fact, before the war, many far-sighted merchants had begun to sell their possessions and move to London, but only in small proportions.
And because of the arrogance of the French!
They never thought they were going to lose. If they could lose against a small Prussian and Chinese, wouldn't that be God's fault?
But they never thought that the final result would astound them!
More importantly, they had never thought that they would lose so quickly. It was only the beginning of the war in July, and Paris was already surrounded!
In such a short period of time, all the capital in Paris had no time to react. All of a sudden, countless treasures were trapped inside!
His pent-up anger was really unbearable! Looking at the internal strife between the left and right, at the vengeful gazes of all the poor souls on the streets, all the capitalists in Paris were trembling like lambs waiting to be slaughtered!
Under this kind of background, Eugene and Andrew suddenly appeared. They actually had the ability to obtain a real British Standard Chartered Bank's promissory note during the siege!