As soon as he heard that he had money to borrow, Maximilian I immediately went to negotiate with Giovanni di Lorenzo de Medici to borrow money. Giovanni di Lorenzo de Medici also knew Marin's bottom line - to obtain the laterite iron ore in the southern part of the Principal of Luxembourg.
But Giovanni di Lorenzo de Medici disagreed with Marin's condition to let the emperor use the laterite iron ore of the Principal of Luxembourg as collateral, because in current Europe, iron ore is not that valuable.
Why? Because there is no modern industry in Europe at present, the demand for steel is very small. Therefore, even the laterite iron ore in the Gutland Plain of Luxembourg, which has a reserve of hundreds of millions of tons (after long-term mining in later generations, only 270 million tons remain), is not that valuable.
As a professional, Giovanni di Lorenzo de Medici, after evaluation, believed that the iron ore of Luxembourg was worth up to 50,000 gold coins. It was used as collateral and could not borrow much money at all. So he suggested that Marin simply buy the iron ore. Then, let the emperor use other things as collateral to borrow money. In other words, the Luxembourg iron ore was dealt with by Giovanni di Lorenzo de Medici as a bonus in this loan.
After thinking about it, Marin decided to let Giovanni Di Lorenzo de Medici, a professional, handle it and be responsible for the negotiations with Maximilian I. Anyway, the bank has to lend so much money to generate interest.
After some negotiations and confrontation, Maximilian I, who continued to use money, finally agreed to sell the laterite iron mine in the southern Principal of Luxembourg to Marin for 30,000 gold coins. Then Giovanni di Lorenzo de Medici also provided Maximilian I with a loan of 300,000 gold coins, with the lowest interest rate of 10%.
To be honest, this annual interest is already very favorable in this era. Because many usury loans have an annual interest of up to 30%. Giovanni di Lorenzo de Medici gave this low interest for Marin's sake. Of course, Maximilian I also took out a large fief of the Principal of Luxembourg as collateral. If the debt cannot be repaid within 10 years, then these fiefs will all belong to the Bank of Siena.
In fact, 10% of the interest per year will be paid back for 10 years. If you can get the collateral, you will be considered profitable. But the interest rate for borrowing in this era is so high, even 10% of the annual interest is considered low, and you are very kind.
Maximilian I was still very satisfied with getting such a low-interest loan. But he didn't know that this loan was just a cover, and Marin's real goal was the large iron ore of Luxembourg. If 270 million tons of steel were smelted, it would be very terrifying. Of course, in this era, due to technical restrictions, Marin could not fully develop and utilize the iron ore at once. However, as long as the ownership is in his own hands, Marin is not afraid of the shortage of iron ore. The iron ore in Luxembourg was mined, and the important tributary of the Rhine River, and entering the Rhine River, can be transported to the Ruhr area to smelten into steel. As for the Archbishop of Trier along the Mosel River, he will not cause trouble for himself. Because behind Marin is the Holy See...
...
In fact, Malimba could not borrow more money from Maximilian I. If he couldn't pay back the money in the end, he could use the territory to mortgage it. For example, the Netherlands Province is pretty good.
However, this is limited to Maximilian I. Because in historical records, Maximilian I was a very kind person. The so-called kind person is more shameless.
For example, Maximilian I died in his later years on the way to hide from debts. The reason for this was that he knew shame. If he had a shameless emperor, he would have owed debts. What can you do to me? If he still avoided debts? Is it necessary? His grandson Charles V, who cheated the goods, used his abdication to make his son Philip II declare the country bankrupt and directly lost a huge amount of 20 million Ducat gold coins. It was extremely shameless. This honest emperor actually ran away because he was afraid of being asked for debts. In fact, if he was a little shameless, he could ignore those creditors at all. What could a mere banker take for an emperor?
Therefore, Marin could still trust Maximilian I's character. If the other party mortgaged the territory, Marin would be relieved. But if it were his son Philip, Marin would not believe it. Because Philip was ruthless and shameless, Charles V's shamelessness was influenced by him.
...
After entering the city of Rome, Marin lay on the blanket in the carriage and arrived at the temple of Latram where Pope Julius II was located.
After arriving at the backyard of Latram Temple, Marin could not sit down, so he could only ask someone to get a bed and let him lie on his lie...
Seeing Marin lying on the bed with innocent faces, Julius II laughed. Marin was full of resentment:
"My father-in-law, I almost died. You even laughed at me! If I die, Angela will become a widow, and Ferris will no longer take care of..."
"Haha, do you think my daughter will be unwanted? So what if you become a widow? Someone will still line up to grab it!" Julius II said proudly.
Well, Marin, who was originally planning to ask for comfort, suddenly felt sad and turned into a river. After all, it was not his own father. If Old Hoffman saw it, he would have been comforted long ago.
Julius II then added:
"It's just a knife in the butt egg, not the one in front. Just keep a month-old injury and you can jump around again. What are you worried about? It's not a big injury."
Marin said depressedly:
"It's really nothing to do with the knife in the butt, but life is inconvenient! You see, I can't sit down or ride a horse now, it's very inconvenient!"
Julius II laughed gloating again, and when he saw Marin lying there, he was very happy.
"By the way, my father-in-law, after I broke through the city of Siena, I robbed millions of gold coins from the bank vault of Siena. However, Bishop Giovanni told me that the money could not be moved. Otherwise, I would offend many cardinals in the Holy See. What do you think about this?"
Julius II nodded and said:
"Govanni is right. There are indeed many cardinals in the Vatican who have deposits at the Bank of Siena. This is also normal, because the city of Siena is closest to Rome. It is me, and I also opened an account of several thousand gold coins in the Bank of Siena. The purpose is to withdraw money."
Marin nodded, it seemed that Giovanni di Lorenzo de Medici did not fool him. Then, he told Julius II of his plan to continue running the bank in Siena.
Seeing that the Siena Bank had become the property of his son-in-law, Julius II naturally strongly supported him. So he promised Marin that he allowed the Siena Bank to open a branch on the street near the Temple of Latram.
Previously, due to the tense relationship between the two sides, although Bank of Siena had business dealings with the bishops of the Holy See, Bank of Siena had no open branches in Rome, and only had relatively remote offices to absorb the deposits of those bishops.
Julius II allowed the Bank of Siena to set up an open branch in Rome, and it was near the Temple of Latrang, which definitely gave great support. In this way, it was very convenient for the bishops in the Holy See to save money and withdraw money. Now that the Holy See is corrupt, those bishops are very rich. If the Bank of Siena can take over their deposits, it will definitely take off the bank.
In addition, at Marin's request, Julius II also agreed to suppress the activities of banks in Venice and Geneva in Rome to avoid banks in the two countries and Marin's competition for depositors. However, the banks in Florence made Marin a little embarrassed. Because this was controlled by the Pope in the future and was difficult to suppress.
Of course, these are secondary. Today, Marin came, and his main task was to help Siena Bank to gain a very important business - help the Holy See mint coins...
Although the Pope had appeared for more than 700 years, some popes would mint some coins during this period. However, because of underdeveloped finance, the Pope did not have stable coin minting. It was not until the establishment of the Holy Spirit Bank in 1605 that the Pope had a fixed currency foundry.
Before the establishment of the Holy Spirit Bank, the Holy See actually minted coins many times. For example, in 1530, the Holy See took the lead in using a spiral coin machine to mint a batch of gold coins. However, the amount of gold coins was not large, and it was more like commemorative gold coins.
...
Marin's plan was to use Julius II's relationship to allow the Bank of Siena to take over the business of making gold coins in the Pope.
Of course, Marin's move was not to make money, but to build the popularity of Siena Bank - you see, our banks are all minting coins for the Holy See, how powerful is it?
This is like things listed as tributes in ancient times must be sought after - can the things the emperor use be poor? They must be high-end products...
In other words, Marin plans to take advantage of the opportunity of minting coins for the Holy See, so that the Bank of Siena will show its face and gain reputation throughout Europe.
Moreover, Marin has a huge killer such as a spiral coin machine in his hand, which is very simple to undertake the Holy See’s gold coins.
Chapter completed!