"We and Yusheng have officially launched insurance business. Previously, the account was collecting and transferring silver for everyone. For example, depositing 100 taels in Jinan Prefecture. After paying the fee in the capital, we took another 100 taels with the silver notes. This account has been in operation for more than five years. Have you ever heard of an example that has not been exchanged? Two months ago, someone made a rumor that Yusheng and I were insufficient in silver, which led to a run in the capital everywhere, from the capital to Zhangjiakou Fort, then to Datong, east to Yongping Prefecture, Shanhaiguan, Ningyuan, and then to Baoding, Zhending, entered Kaifeng, Henan Prefecture, and then to Linqing and Jinan, and there were runs everywhere. As a result, after ten months, we exchanged more than 800,000 taels of silver..."

At this time, there was a buzzing discussion, most of whom were expressing appreciation for the shopkeeper's words... The matter was indeed obvious. The facts were much more powerful than verbal propaganda. Most of the rich merchants present had participated in the run. As a result, as much as they exchanged, he Yusheng's daily silver was extremely sufficient.

Later, the news spread. There was a run everywhere in the capital to Shandong and Kaifeng. There were crowds everywhere. Dozens of prefectures and counties were rushing to exchange them everywhere. He Yusheng opened the door of the account every day, and kept exchanged them for people from morning to night. As a result, more than 800,000 taels of silver were exchanged for the whole month. The account was empty. In the end, people gradually realized that it must be a rumor that harmed people. Everyone was also amazed... How much property does He Yusheng have? In such a short time, more than 800,000 were fully exchanged. If it were said that the account always had 800,000, that was absolutely nothing.

It is possible that everyone is a businessman, and he is willing to make money and it is impossible to leave money without money, but he can always use 800,000 taels of money to help him... Even if the imperial court had a year income of less than 2 million yuan during the Jiajing period, even if the Wanli period had a year income of only 3 million yuan. In the late Wanli period and the Tianqi period, land taxes and commercial taxes were added to provide Liao salary, and the court's income reached more than 7 million yuan. At this time, a merchant could take out 800,000 taels of money to deposit it in the middle of the reins. It can be seen that his financial resources were probably not inferior to the court.

After August, there were such rumors everywhere. When Wang Wenyan set up this bureau, he just wanted to make some trouble for He Yusheng a little bit, but he might not have wanted to really knock him down by this time. However, he never expected that this matter was not only unsuccessful, but instead won the second place for He Yusheng. After August, He Yusheng's bank deposit broke out like a blowout. According to Tian Jitang's estimate, at the peak of purchase and storage at the end of the year, the bank deposits in the account could reach more than one million.

Zhang Han set up this account since the beginning of the banking industry in China, but unfortunately the start was very unsatisfactory. After all, it was not long after Longwan opened the sea. Although the commodity economy was developed, the exchange industry did not even count the emergence of the germination. It cannot be mentioned that the flying tickets and money cases in the Tang and Song dynasties were a long time ago, and no one remembered it. At this time, there was no money shop at the Ming Dynasty, so of course there was no need to mention the ticket numbers of Shanxi people who made the national bank through the identity of the royal merchant. Naturally, there were no silver bills. The so-called money shop was just a place to exchange copper coins, and there were silver shops, which were to melt broken silver into whole silver, or exchange whole silver for broken silver or copper coins. People at that time were concerned about the financial industry.

The account was very difficult at first, but later, He Yusheng tied the account to the logistics industry of the mule and horse business and the escort business together, which pushed the account business in the Xuanfu area of ​​Datong. When he arrived in the capital and other places, he spent several years operating it. In a year, he deposited only 700,000 or 800,000 yuan in more than a dozen prefectures and dozens of counties. This scale is less than a fraction of the trade scale in the capital and other places. If it is in Jiangnan, it would be even more funny. A few wealthy gentry would have to buy a ship to go to sea, and He Yusheng's accounting business would be at least 100,000 yuan. The gentry and wealthy gentry on the south side of Jiangnan could be found.

Fortunately, after the run, this title has really become established. It is more optimistic that if the account can collect 2 million silver next year, it will be quite large in the northern trade quota. At that time, the military commandered more cash silver, and it would be much more convenient to move it... This is also the opening of the sea for Longwan. If the gold and silver in the world were almost the same as the Hongwu period of the People's Republic of China, even Zhu Yuanzhang had no more taels of silver on hand. After decades of rest and recuperation, Yongle would have made a lot of trouble... Fortunately, the amount of private silver reserves in Longwan has increased compared to Guochu, and the liquidity of the commodity economy has also increased. Otherwise, it would be a barren land. Even if Zhang Han was even more powerful than Tao Zhugong, he would not be able to make a business of this scale in the Ming Dynasty at that time.

"This insurance business is similar to the account business, but it is actually not the same. In recent years, there have been more and more refugees and bandits, and many businesses have suffered losses. Even if there are no bandits, there are also Lahu, thieves, clerks, yamen, tax collectors, big rural households, gentry and sloppy villagers. It is really difficult and difficult all the way. In view of this, we and Yusheng launched an insurance business. No matter whether our mules and horses transport goods, as long as the goods are checked, after the insurance is insured, no matter what the reason is tax extortion, clerks and big households exploited, encountered bandits, robbers, tiger thieves, or floods, fires, no matter what the reason, as long as the goods are lost, Yusheng and I can keep the value for you and pay compensation at the price..."

When Shi Congbin heard this, he thought and immediately asked his cousin Shi Congde: "Xuanhu, you will go to several large stores in the city immediately and set all the goods I had seen and had not yet settled a few days ago."

"But they ask for a price that is too high..."

"Stop talking nonsense!" Shi Congbin said angrily: "Just do things as I told you, there is no such thing as long-winded!"

"Yes, yes... third brother, don't be angry."

Shi Congde rarely saw Shi Congbin lose his composure like this, so he went there urgently.

The shopkeeper of He Yusheng on the other side had already begun to answer the questions for everyone. After everyone asked, he smiled and said, "Everyone thinks it is very mysterious, and I don't know what's going on. In fact, it's very simple... For example, Beilu is on the side, and the situation is very tense. If a business bank wants to transport goods out of the city, or if an outside merchant wants to bring goods out of the Gyeonggi area, as long as we take out insurance, Yu Yusheng's mules and horses transport goods out of the city, we will be responsible for all safety matters before arriving at the destination. Once there is a loss, even if it is asked to rob the Beilu, we and Yusheng will pay the compensation at the price..."

"How can such a good thing be like this?" A wealthy businessman shook his head for a long time and said, "Since history, no business has done this, and no one has ever done such a thing... Don't be upset by the shopkeeper, I have no intention of not believing in He Yusheng, but after all, this matter is too illusory!"

"Yes, I think so too."

"It will cost more than a thousand taels or even thousands of taels. Only tens of thousands of taels are worthy of one guarantee? If more than ten cities are protected in one city, hundreds of cities will be sold in dozens. How much is the price of goods traveling in one year? Recently, there have been quite some peace in the local area. I am afraid that he will not be able to pay compensation for it in one year. How can this be the reason?"

"Authentic, even if you can compensate Yusheng a few times, others may not bear it. It's me, it's a thief who can rob you of thousands of dollars. Although it's a pity that you're robbed, it's hard for you to hurt other businesses to compensate me for my losses, how can you bear it?"

"Yes! I'm in trouble, so I can't ask others to compensate for the losses."

Some people don’t believe it, some people can’t believe it, and some people feel that something is wrong even if they believe it…

After hearing this, the shopkeeper smiled and said, "If you believe it or not, you will know as long as someone wants to take out insurance. In addition, don't have any doubts. Since we ask someone to take out insurance, of course we charge a fee. Since we make money, we must pay as long as we pay."

"I'm afraid it's inappropriate." Someone shook his head and said, "It's a few thousand or tens of thousands of dollars to make a profit. I think the boss Zhang of Yusheng is not considering this matter well."

Everyone nodded, feeling that Zhang Han was doing this too lingeringly...

The shopkeeper smiled but didn't say anything. In fact, he had doubts inside Yusheng. Later, the Military Department held a branch meeting and explained the mathematical model very simply. Then everyone realized that even if there were occasional compensation, as long as there were too many insured people, the profits would still be much greater than the income. In short, it was just a matter of probability.

Unfortunately, there were too few people who understood this at this time in the Ming Dynasty. Even if the shopkeeper had explained it clearly, some businessmen trusted He Yusheng and believed in He Yusheng's strength and style of doing things. However, they were still hesitant and afraid that it would lead to a bad reputation. Indeed, if there was really any accident, other merchants asked to pay them thousands of taels of silver. Although they could reduce the losses, but the loss of reputation and the uneasiness of conscience could not be bought back.

Later generations may not believe it very much. At that time, there were certainly relatives, nobles, eunuchs who were hated and willing to eat their flesh, as well as vicious and cruel clerks, as well as tigers and wolves, officials, gentry and wealthy families who were rich and unkind, as well as robbers, tigers, rogues, and horses, but the gentle spirit was still there, and the power of moral restraint was extremely strong. People respected their ancestors, believed in Feng Shui retribution, and were benevolent for wealth, and also paid attention to trustworthiness and standards of doing things. Greedy was not only to trigger bad reputations, but also directly affected their status and actual interests in the business world.

Even if you are psychologically speaking, there are many awe and fears. People who are unkind may be proud of themselves for a while, but they are helpless and few families who are truly helpless in the countryside can prosper. For example, the famous treacherous minister Yan Song has a good reputation in his hometown. Xu Jie, who defeated Yan Song, has a very bad reputation in his hometown. Because he has no way to educate his children, he has forced people to take over the land in his hometown and has many illegal acts. Later, the Xu family was targeted by Hai Rui, a famous official who has no scruples, and it has been a mess. Xu Jie is alive, and is forced to have a family to return as a retired prime minister, and his descendants are exiled to Liaodong. It can be imagined that it is difficult for a bad gentry to survive in his hometown, let alone be proud for a lifetime.

The scene became awkward for a moment.
Chapter completed!