Royal Gold Medal County Magistrate

#1100 - Chapter 1088 Bank under construction

"Record what? What are you recording?" Li Yuanzhao's impatient voice came from inside the box, "Can't this prince get out? It's so stuffy in here!"

"Your Highness, don't be anxious, this subject will open the door for you to come out." As Fang Zheng said this, he quickly stuffed the silver notes back in.

Seeing this, Ao Chen added another line of small characters.

At this moment, the automatic deposit machine also existed....

As for why it wasn't an automatic teller machine, Director Fang had already planned it out. One invention could be split into two.

Future scholars writing history books could add more words to the historical records... Wouldn't it be awesome if it spread?

Opening the door of the 'automatic deposit machine', Li Yuanzhao immediately jumped out, letting out a long sigh: "It's suffocating me! Tell me, what is this thing actually for?"

Fang Zheng mysteriously said: "Your Highness, don't you feel a sense of security sitting inside?"

"Not at all."

"Alas, the common people don't think that way. They easily become tongue-tied when they see officials and dignitaries... This subject has designed it all. In the future, when recruiting employees for the bank, what if they get stage fright? This box can perfectly solve the problem."

Li Yuanzhao said in disbelief: "What's wrong with you! Are you just full and have nothing better to do? Also, what were you guys recording outside just now?"

Fang Zheng's old face flushed with embarrassment, and he waved his hand: "It's nothing. Since Your Highness thinks this thing is useless, then we won't use it. Ahem..."

Li Yuanzhao stared at him suspiciously.

Old Fang's strange operation was inexplicable, leaving people confused, but he was always like this, not just once or twice.

"Are there any other things for this prince to see?"

Fang Zheng's spirits lifted: "Yes, the design of our bank is extraordinary. There are design drawings and many specially customized furniture in the county. I'll take you to see them...."

......

The construction of the bank was still in full swing. The original location of the teahouse had been completely demolished in a very short time.

The construction at the moment was not like later generations, where many commercial decorations could only be done at night, and there were many other rules and regulations.

There was fire protection, insurance, and what kind of 'three guarantees in front of the door', and you had to find the property management to approve it, etc...

There was none of that! The Bīng Mǎ Sī (military police) gave a greeting, and someone came and swung a hammer to get it done!

They didn't care about disturbing the people, they worked continuously day and night, smashing and banging.

The demolished waste was casually thrown on the street.

A group of people swarmed over, taking away what could be used and taking it home to burn as firewood or make furniture.

The remaining ash and slag were directly swept away by the sanitation team.

Therefore, demolishing houses was incredibly fast.

According to Fang Zheng's instructions, a high and large fence was erected outside before the demolition work began.

The fence panels were also painted with countless squares according to Director Fang's instructions, and taken out to be sold as temporary billboards.

Although it was a temporary fence, it couldn't withstand the prime location, right next to the exchange.

With crowds of people passing by, the advertising fee was also a small profit....

Now, the demolition work was completed, and construction had begun in full swing.

Fang Zheng did not work in the Zhenfusi (garrison) as usual, but instead took time to come to the newspaper office.

The bank's progress was smooth, and the outdoor fence advertising had also caused a wave of heated discussion in the capital. It was time to start considering creating momentum for the bank.

When Liu Zhongshun attracted the first batch of large customers, he would begin to promote it to the common people.

Although the wealthy merchants and large families had strong financial strength, it was extremely difficult to attract their business.

The common people were different. In the past, they generally had no money, but now that their living conditions were better, they had a little meager savings in their hands.

Little strokes fell great oaks. Gathering together might not be less than the wealth of wealthy households.

It was simply too easy to take the silver from their hands, as long as there was a little bit of interest and a little bit of trust was enough.

Even the poorest people actually had investment needs and investment impulses, but they had never been able to express them due to limited channels and lack of information.

The stock market had a high threshold and high risk, and the common people were conservative in financial management and dared not take action.

The bank was different. Steady interest and protection against theft were perfect!

Inside the newspaper office, Fang Zheng was holding a newspaper, and Xie Xian sat beside him to accompany him.

After reading the entire article, Fang Zheng put down the newspaper and asked: "Are the incomes and lives of our newspaper reporters still okay now?"

"It's okay." Xie Xian nodded, and then added, "Enough to live on."

"Huh? What do you mean enough to live on? Isn't it five taels a month?" Fang Zheng frowned.

Xie Xian said helplessly: "It's stock speculation. Our reporters have access to the latest news, and everyone is crazy about speculating in stocks. They have enough money to live on, and the rest is used to buy stocks."

"Aren't these gambling dogs!" Fang Zheng said unhappily, "I came to you today to prepare to let you promote something. There's a house next to the exchange that was demolished, do you know?"

"I know."

"A bank is going to be opened there, that is, a money house. I opened it in partnership with the palace. After the bank opens, the newspaper office will have to cooperate and promote it. Coincidentally, our newspaper reporters don't work hard and only know how to speculate in stocks. You mobilize them and deposit all the money at home, and also the seven aunts and eight aunts of the reporters. Bring everyone who can be contacted within ten clans to deposit in our bank. It's not for nothing, there's interest."

"Bring everyone within ten clans?" Xie Xian was a little dumbfounded.

Since the founding of the Great Jing Dynasty, they haven't been able to find two people to execute the nine generations of a family. Is it necessary to be so fierce to attract deposits?

"What, is it difficult?" Fang Zheng glanced at him sideways.

"It's really difficult, sir. It's even more like robbing than robbing money." Xie Xian whispered, "The newspaper reporters can't be squeezed for any more oil. They're all counting on getting rich from stocks."

"It's not like they can't withdraw it! Let them help me open up the scene. My Jinyiwei (imperial guards) are preparing to mobilize in the future. They can withdraw it themselves after a while. I don't care, link this matter with the newspaper's performance. Whoever's deposits don't meet the standard, future promotions and salary increases will be a problem. I'll see who dares not to deposit!" Fang Zheng slammed the table, and the matter was settled.

Xie Xian helplessly nodded in agreement: "Then, how are you going to publicize it to the people, sir?"

"It's still early. I estimate that the bank will only be initially completed by the end of the month at the earliest. During this period, you let the people below take the time to write more related articles, and then select a batch of them to be published on the market at that time."

"The content should be detailed, and like before, the common people should be able to understand it in plain language. Explain the pros and cons to him clearly, mainly comparing it with other money houses on the market, so that the common people know that the competitors are trash."

"For example?" Xie Xian asked.

"For example, find out what scandals have happened in other money houses and ticket shops, and say that it is absolutely impossible in our place. Since the bank opened, there has never been any problem, and the funds are absolutely guaranteed."

"But we are a newly opened bank, where did any accidents come from?" Xie Xian looked strange.

"The common people don't care about that! Isn't it whatever you say they believe? Most people won't think of this step, so just do it." Fang Zheng opened his mouth and said, "Also, publicize that in the future, students from Dongjiao University will have to pay their tuition through the bank, and they don't have to pay it to the school."

"Deposit more than five taels of silver in the bank and get free rice, flour, oil, eggs, potatoes, sweet potatoes, and the like. These can all be written, small favors are no problem, and also....."

......

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