Chapter 1546 Jacob's Ask for Advice
The Fuger family is the richest family in the German region in this era. If there are silly netizens in this era, they will call Jacob, the leader of the Fuger family, just like calling Jack Ma's father, Jacob Fuger, the leader of the Fuger family.
It is indeed quite rich if he did not insult the surname Fuger. At its peak, the family had assets of up to 7 million Goulden gold coins. Perhaps this asset could not keep up with the value of all the food in Marin's hands, but in terms of the amount of cash, Marin could not compare with others.
After all, most of Marin's assets were food, and cash was actually pitifully small. The Fuger family was different, and the amount of cash was several million. Including real estate such as copper mines and silver mines, the assets reached a maximum of more than 60 million Goulden gold coins. When Charles V ran for emperor in 1519, the Fuger family lent Charles V to Charles V 850,000 Goulden gold coins, which made Charles V successful bribery and elected Emperor Shenluo.
Therefore, if Marin wants to borrow 500,000 gold coins in cash, it is most convenient for him to borrow money from the Fuger family. Moreover, the Fuger family is headquartered in Augsburg, just a little east of the Principal of Württemberg, and the allocation of funds is also very convenient. Moreover, the Fuger family is also one of the largest creditors of Ulrich, Duke of Württemberg.
In order to show respect, Marin decided to go to the headquarters of the Fuger family in Augsburg and interview with Jacob Fuger, the leader of the Fuger family. Of course, this is also because Marin is afraid that some things will be negotiated and subordinates cannot make decisions. Also, this year, Jacob Fuger has been awarded the title of "Earl of the Empire" by Maximilian I. This is the first among the earls. Although the Fuger family does not have a fief (mainly the Habsburg family, there is nothing.
The territory was granted to him, but some mines were given), but the rank of the empire's earl was the highest among the earls. For example, Brandenburg, if the title of the electorate, his original Bian Bo would be lower than that of the Imperial Earl of the Fuger family. But this was useless, because the Fuger family did not have a vassal state, so even the vassal court could not enter, so they could only be regarded as an honorary status. Of course, this is what people want. At least, most princes dare not bully their family.
If it weren't for the identity of this empire's earl, Marin might have sent someone to summon Jacob Fuger to the Beihai Kingdom for discussion. But now he is also an empire and is very rich. Marin had something to ask for, so he simply brought 800 elite cavalry guards and rushed to Augsburg directly...
After a few days of rushing, Marin and his men changed their horses along the way, and finally arrived in Augsburg and came to the luxury manor of the Fuger family.
Jacob Fuger took the main members of the family to wait at the door of the manor. After all, Marin was the great duke, and in terms of title, he was higher than him. In terms of strength, there was nothing more. Moreover, we all belonged to the emperor's camp and had a good relationship with each other.
As soon as he got off the horse, Jacob Fuger came with a few core members of the Fuger family, smiling:
"Welcome, Grand Duke Malin! Your arrival makes the humble house shine!"
If he gives face like this, Marin cannot help but give face. Moreover, he came to beg him. So Marin also smiled and opened his hands and said:
"It is also my honor to meet you, Count Jacob!"
Then, the two hugged each other and walked into the manor together...
...
After drinking the milk tea that entertained guests, Malin did not go around in circles and directly made a loan request straight to the point. At the same time, he hoped to use grain to cover part of his debts. After all, Malin lacked everything in his hands, but he did not lack food. If it weren't for the shortage of money in Europe, he would have sold a large amount of food.
But Jacob Fuger rejected Marin's suggestion of paying for food, because the Fuger family did not have a food sales channel, and taking over so much food would easily lead to a loss. Moreover, the transportation of food is depleted. It is not cost-effective to store food and build a large number of moisture-proof warehouses. Therefore, Jacob Fuger did not agree to pay the debt with food.
Later, Marin recommended whiskey, royal salute and ginger, to Jacob Fuger, to Jacob Fuger, to pay the bill with it. But Fuger still disagreed and was willing to cooperate with the Beihai Kingdom in the future to help sell these goods in southern Germany.
Marin was a little helpless, he asked:
"Earl Jacob, what exactly do you want to lend me this money? Is it necessary to have a high interest rate of more than 15%?"
These days, loan interest rates are very high. The normal interest rate is 10% annual interest, and the higher one is 15% annual interest. If it exceeds 15%, it is considered usury. But when money is urgently needed, people are willing to borrow 50% of the annual interest. Marin is ready to be slaughtered...
But Jacob Fuger shook his head and said with a smile:
"Marin, the loan of 500,000 gold coins is a slightest idea. And, I can not have a Finney interest..."
Marin immediately became alert - Damn, don't have interest, this is another purpose! When a profiteer told you not to make a profit, his purpose must be bigger... So, Marin's hair stood up...
Jacob Fuger smiled:
"Don't be nervous, Grand Duke Marin, my request is not too much. I actually want to ask you some business matters..."
"Please ask me? Business matters? Are you kidding? Earl Jacob, you are a real expert in business..." Marin considered himself a farming king, but he was not as good as the Fugers family in business.
Jacob Fuger didn't go around in circles, and said seriously:
"It's like that, you know, I have borrowed many loans to His Majesty the Emperor, and the mortgage is a number of mines in Tyrol and Austria. These mines, except for the Tyrol silver mine, are mostly copper mines. Originally, I planned to monopolize the supply of European copper mines. After all, the total reserves of the copper mines given to me by His Majesty the Emperor have a large amount of reserves. However, since you developed the Feryl copper mine in Sweden, and I heard that you also imported cheap copper from India, the copper price in Europe is now on the decline..."
Marin was a little confused:
"What do you mean is to ask me to close the Ferylón copper mine or stop importing cheap copper from India? I have no choice. Now, the Spaniards and the Portuguese are also planning to import cheap copper from India. It can be foreseen that the price of copper in Europe is inevitable!"
Jacob Fuger sighed and said:
"I know, so, I lend you money this time, and don't have any interest. I just want to ask you a way to stop the loss by allowing the Fuger family to stop the loss! Seeing that the copper price is about to fall, the Fuger family's previous hoarding of copper mines has become a very ridiculous behavior. So, if you can give me some advice on how to stop the loss, I am willing to lend you 500,000 without interest. Moreover, the repayment period can be extended to 20 years..."
"Why ask me?" Marin was a little surprised. I was not the Aladdin magic lamp that would always be answered...
"Your Majesty the Emperor said that you are the most thoughtful person. Otherwise, you would not have grown from a knight to a powerful grand duke!" Jacob Fuger replied seriously.
Chapter completed!