The Rise of the European Emperor

Chapter 1547 Marin's Suggestion

For a moment, Marin wanted to turn around and leave. Anyway, the Fugger family couldn't borrow money, and he could borrow money in Venice in the south of Austria.

But after thinking about it carefully, Marin still gave up. Because, he knew that even a Venetian would not know what excessive demands would be made.

These days, when tycoons lend loans to great nobles, they often put additional demands on them. In technical terms, this is a political loan. Moreover, the amount of 500,000 gold coins cannot be provided by ordinary people. No ordinary person would borrow such a large amount of money, only the great nobles have such a large demand. Of course, the aristocratic territory is there, and they are not afraid of running away owing money.

Moreover, nobles have the ability to mortgage. For example, he can mortgage the land under his name, and he can also mortgage the mine. For example, the Habsburg family mortgaged many mines to the Fugger family. The most famous ones are probably the large silver mine and the large copper mine in the Principality of Tyrol.

In addition, specially lending money to Maximilian I, the emperor took out several copper mines in the Tyrol region as collateral. do not know why,.

But it is a pity that Marin has started importing cheap copper from India since it opened the Indian route. However, he imported cheap copper mainly to make cannons, and also took part of it to make copper coins of the North Sea Kingdom. Therefore, it did not affect the European copper price for the time being.

However, Spain also began to learn from Marin before, importing cheap copper from India for the casting of Malawi copper coins, and the Fugger family panicked. After all, the size of the North Sea country is far from that of Spain. The Spaniards imported cheap copper from India, and the impact on the Fugger family was fatal. and this,.

In fact, as the biggest creditor of Ulrich, Duke of Württemberg, . Its purpose is to force Marin to show up.

As Duke Ulrich's biggest creditor, ? It was the news that Kohler and Duke Ulrich conspired to buy and sell people, which made Marin embarrassed. Even if Marin didn't come to him, he planned to send someone to offer a loan. Of course, letting Marin take the initiative to come to the door is more conducive to him making conditions...

At this time, almost all the copper mines in the Grand Duchy of Austria and the Duchy of Tyrol were eaten by the Fugger family. The Fugger family originally wanted to hoard copper mines and drive up copper prices to make a fortune. But the emergence of cheap copper in India,. In order to stop the loss, he had to try his best, and this was the scene where he asked Marin for advice...

...

Marin originally planned to ignore him, but after thinking about it, multiple banker friends are not harmful. So, he still asked in a more polite tone:

"If you have any questions, just ask, and I will answer if I can answer!"

, and then humbly asked for advice:

"I would like to ask you, Grand Duke Marin, is it necessary to continue to hold the copper and silver mines in the hands of the Fugger family? If not, how should I stop the loss?"

The Fugger family hoarded a lot of mines, not only silver mines and several large copper mines, but in the original history, after the Habsburg family united Spain, the Almaden Mercury Mine and the Guadalcocal Silver Mine in Spain also They were all mortgaged to the Fugger family by the Habsburg family who were "good at" mortgage mines.

At its peak, around 1545, the Fugger family's fixed assets, mainly silver mines and copper mines, had a total value of 63 million Gulden gold coins. Even Marin, a local tyrant, was jealous when he saw it.

However, the Fugger family was very unlucky. Because the mines that the Habsburg family mortgaged to them all depreciated in the end...

In the middle and late 16th century, Spain discovered a large number of silver mines such as the Potosi silver mine in America, which led to a surge in silver production and a fall in silver prices. The copper mine was even worse. With the outbreak of production at the Fayilun Copper Mine, the ratio of copper prices to silver prices in Europe soared from 12 to 1 to a low price of more than 40 to 1. After the Netherlands introduced cheaper Japanese copper, the copper-silver ratio increased to more than 80 to 1. The mines that the Fugger family hoarded with painstaking efforts directly depreciated several times, causing the richest family in Germany to decline directly. Of course, this is also due to the immoral means of Charles V's son Philip II to bankrupt the Spanish Empire.

After thinking about it, Marin replied:

"Earl Jacob, I can tell you very responsibly—don't hoard copper mines any more, sell them as soon as you can. The introduction of cheap copper from India and even the Eastern Ming Empire in Europe is the general trend, and it is impossible for you to prevent the Spanish from introducing India. Cheap copper. Once there is an influx of cheap copper from India, a plunge in copper prices is almost inevitable.”

"In addition, you should have heard that I own half of a large copper mine in Falun, Sweden. I can tell you that the annual output of that copper mine is now as high as 600 tons...well, that is more than 1.32 million pounds It looks like, if I didn’t spend a lot of copper to make cannons and promote copper coins in Beihai, and I didn’t let the copper flow into the market, it is estimated that the price of copper has begun to fall now!”

,road:

"I know that half of your copper has not flowed into the market, but the copper ingots from Sweden's half of the shares have already flowed into the market. At present, the price of copper in Northern Europe has begun to fall. It's just that it has not yet spread to Germany. That's why I am anxious to ask you for advice!"

"Then let's get rid of all the copper mines, before the price of copper falls as a whole."

:

"I also want to get rid of it, but those wealthy businessmen who are able to accept the order are not fools. They have more or less heard the news that the copper price may fall, and they will not be willing to accept the order. Even if they are willing to accept the order, they will Will desperately bargain!"

What he said is not bad, every wealthy businessman who can have a net worth of millions of gold coins is a genius. In terms of business intelligence, they will never underestimate it. It is impossible for them to be ignorant of the news of the fall in copper prices in Northern Europe and the news of Spain's introduction of Indian copper to mint copper coins. It's not so difficult to trick them into becoming a receiver. And those who are easy to cheat don't have that much money.

After thinking about it, Marin suggested:

"How about this, you can dispose of those small copper mines to some merchants with weaker financial strength, and even allow several small merchants to join forces to buy them out. Those small merchants are not so quick to get information, and then you pretend to be anxious to raise funds In terms of funds, if you get a 20% discount, there should be middle-level businessmen who are greedy for petty gains... As for the big copper mine, it can only be smashed into your hands..."

:

"That's the only way...the copper price can't rise back?" It seems that he still doesn't give up.

"Impossible!" Marin said firmly. Then, he revealed a little bit of the tone:

"Let me tell you this, the silver-copper ratio may drop to more than 1:80 in the future, think about it for yourself..."

...

. The mobile version updates the fastest URL: m.

The domain name of this site has changed to this site's novel txt download without registration, download and read immediately!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like