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Chapter 717: Phantom of Changmen 5
But before the plan to exchange victory silver coins could see results, the Sun and Moon Bank publicly announced that it would issue bonds and borrow money from everyone, which in turn sparked heated debate within the Money House Alliance.

Some shopkeepers believed that the Sun-Moon Bank could no longer hold on as its principal had been drained by the massive issuance of Victory Silver Coins. Without giving it any thought, they immediately initiated a run on the bank, trying to kill the Sun-Moon Bank while recovering as much deposits as possible to reduce losses.

Some shopkeepers thought that bonds were a new thing, so they might as well see how Sun Moon Bank operated first, and then run the bank after they had a general understanding of it. Anyway, they were all meat on the chopping block, so it didn't matter if they ate it a few days earlier or later. If they could take the opportunity to learn a few more tricks, it would be of great benefit to the future development of their own bank.

After arguing for several times, the two sides finally reached an agreement to wait for ten days and then make a decision based on the situation. In order to facilitate the decision, Wang Dan from Cunyigong, Gao Shiye from Jinshengrun and Wu Jin from Wufang were elected as representatives to finally decide when to take action.

Eight days passed in a blink of an eye, and it was almost time to make a decision. Master Wu sent his family to deliver a letter to Wang Dan and Master Gao, inviting them to meet together to discuss their opinions in order to avoid any major disagreements that would delay important matters.

"I heard that the bond sales of Sun Moon Bank were not ideal. Even in Guangdong and Fujian, not many were sold. A few days ago, news came that they sent people to Annan and Luzon to sell them. It seems that they are really unable to bear it."

Master Wu picked up the teacup, watched the tea leaves slowly rise and fall, and smiled. He casually mentioned the recent actions of Sun Moon Bank, and although he did not give a specific source, it did not sound like hearsay.

"I've long said that Sun Moon Bank is strong on the outside but weak on the inside, but you just didn't believe it. Look, it has come true!" Wang Dan curled his lips and sneered at the revelation.

The money houses headed by Cun Yigong were indeed action-oriented, and they always believed that they should cut the Gordian knot, but they were not as numerous as Jin Shengrun and Wufang, and they were not as eloquent as them, so they had to endure it together. Now the facts have proved that he has always been right.

"Mr. Wu, can you please tell me where the news came from?"

But Master Gao did not despise him and asked another question. Wang Dan had indeed been saying that Sun Moon Bank was empty, but he could not produce any real evidence or reason. He relied entirely on intuition, and even if he guessed right, it would be hard to convince people.

"Now that things have come to this, I will not hide it from you two. Wu Fang has an insider in the Sun Moon Bank..." Wu Jin pretended not to notice Wang Dan's disdain and only gave a simple response to Master Gao.

Although they both opened businesses in Suzhou Prefecture and were in the same industry, they were not the same kind of people at heart. They had never been able to piss in the same pot before, and in the future they would still be separated by a single-plank bridge.

"So that's how it is... Gao, Mr. Wu is indeed foresighted, but I wonder if he has obtained the detailed internal accounts?" Master Gao immediately looked enlightened, and then showed admiration and asked another question.

"...Yes, since you have planted a spy, have you got the inside account? Tell me quickly!" Upon hearing this answer, Wang Dan immediately put away his disdainful expression and asked with his eyes wide open.

"Well... to be honest, that Western woman is indeed quite capable. All the accounts are written using Western algorithms, which she never teaches easily, so I have never figured out the mystery behind it." Wu Jin, who had been calm at first, finally showed a change of expression after hearing this question, looking a little embarrassed.

"..." Master Gao and Wang Dan glanced at each other, their faces changing, as if they were smiling. "If you two don't believe me, I have nothing to say. This is the internal account of the Sun Moon Bank, just copy it and study it yourself."

Seeing this, Wu Jin took out two pieces of paper from his arms, unfolded them and spread them flat on the table. He sighed, stood up and walked to the window with a glass of wine, slightly opened the door, and looked at the dimly lit street with his side face.

This time he did tell the truth, but he didn't mean it. He was forced to reveal his cards because of the situation. If suspicion caused a rift between them, it would have a negative impact on their future cooperation. At such a critical moment, if they were not careful, they would lose everything.

The so-called internal account is a term in the money bank industry, which generally refers to the calculation method of various operations. For example, the bonds issued by Sun Moon Bank have the interest rate and term clearly written, and anyone with a little business sense can understand it.

But why the interest rate and the term are set are unknown to outsiders. If we can get these data, we can figure out the operating status and intentions of Sun Moon Bank, which is equivalent to mastering its context and taking whatever we want without any more guesswork.

Precisely because of its importance, the internal accounts of all money houses and banks are extremely confidential and can only be accessed by extremely trustworthy people, in order to prevent them from being known by peers and then being exploited.

The Sun Moon Bank was managed differently from traditional money houses and silver shops. The manager was a Westerner, and the top management was all young people, neither from the family nor from the same clan. Obviously, there would be a big problem with loyalty, and there would be a lot of loopholes.

So Wu Fang selected smart and capable people two years ago to go to Guangzhou and Fuzhou to work as apprentices in the Sun Moon Bank branch. According to Wu Jin's idea, as long as these people don't rush for success, and use the skills they have learned from working in the bank for many years, they should be able to stand out among their peers and then gradually be valued by the top management.

Once you get to a certain position, you will definitely have the opportunity to access core secrets. At that time, no matter if you copy or steal, you only need to get some calculation methods. With the skills of the old accountants in the bank, they can quickly figure out the general routine.

Then, you can get a glimpse of the whole picture by gradually finding the weaknesses and defects of the Sun and Moon Bank, and then target and focus your attacks, striving to deliver a fatal blow. Not only will your success rate be much higher, but it will also not attract too much attention.

But plans can never keep up with changes. People were sent out, and a few were actually hired by the Sun Moon Bank branch. But after working for a while, they found out that they didn't understand the Western algorithm. No matter how well they performed, they could only serve customers at the counter and would never get a position where they would have access to confidential information.

Is the Xifan algorithm difficult to learn? The people sent there are all the best of the younger generation in Wufang Bank. They have many years of work experience and are quick to learn. If it is not too difficult, it will be done in a few months.

The answer is very disappointing. The Xifan algorithm is not difficult to learn at the beginning. There are new schools everywhere in Guangdong and Fujian. Most of the children from farm families start school at the age of five or six. The fastest time is one year, and the longest time is less than two years.

But it is useless to just get started. You still cannot understand what you should not understand. You must learn intermediate and advanced algorithms. However, there are only a few places in the whole Ming Dynasty that can teach intermediate algorithms.

(End of this chapter)