Chapter 603 This is a bank run!
Chapter 603 This is a bank run!
Gao Maoxue's expression froze.
When the eight major families established the Huitong Ticket Office, they agreed that if any family had a major financial need, the bill of exchange could be redeemed unconditionally.
But I have never seen a situation where several companies withdraw money at the same time.
After calming himself down, Gao Maoxue said in a deep voice, "Manager Zhou, this doesn't make sense. They need money, so it's only right for them to exchange bills. But the Gao family is not the only one who borrowed cash from the bill exchange. Why should we be the only one to accept the bills?"
Manager Zhou was actually well prepared for this question.
He took out an account book and a stack of bills of exchange with Gao Maoxue's signature on the back.
"Master Gao, please take a look. Our bank has less than three million dollars on its books. The other families have more on their books than they spend. As you know, your family has a lot of land. When the floods hit in the past two years, you exchanged some dollars from the bank and bought a lot of land in the western suburbs. That's why we have the Gao family in the western suburbs today!
Well, generally speaking, yours is the most common bill of exchange that has not been cashed in the bank, and the amount of cash that Zhou and Wang families need this time is too large, so we have to ask yours to accept it."
Gao Maoxue's pupils shrank slightly. "A huge amount? How much do they want?"
Shopkeeper Zhou smiled and held up a finger, "One million dollars."
Gao Maoxue's face flushed instantly. "One million dollars! Mr. Zhou, are you kidding? We are all related, why didn't you communicate with each other before making such a big move? Besides, the money my family got from the bank is only 600,000 yuan at most. Even if we redeem it all, it can't fill the hole of one million!"
Shopkeeper Zhou said, "Then please ask Master Gao to cash out the 600,000 yuan. I will naturally find a way to pay for the rest."
"you!?"
Gao Maoxue was anxious and angry!
What a joke, six hundred thousand dollars, that’s a lot of money!
Not to mention that his Gao family is wealthy and powerful, even if there were two more Gao families, they wouldn't be able to come up with so much cash!
Gao Maoxue threw his sleeves and said, "I ask all eight parties to send people to discuss the matter. If we all do things this way, it will break the rules!"
This is what Shopkeeper Zhou was waiting for.
Gao Maoxue was really confused. If he had chosen to contact them privately and form alliances, there might have been a chance to resolve this crisis.
But since he chose to conduct a public discussion without any preparation, that is, everyone sent people to the meeting, and finally discussed a method, that would be a dead end!
As we all know, a meeting cannot be held without thorough preparation!
That morning, the leaders of the eight major families all went to Huitong Ticket Office for a meeting.
Zhou Xuejin did not come alone this time. He followed a thin old man, who was Zhou Jizhi, the head of the Zhou family.
Last night, Zhou Xuejin and Zhou Jizhi talked almost the entire night. Finally, the old man made up his mind to support this younger generation whom he had high hopes for, which led to the scene this morning.
As soon as he saw Zhou Jizhi, Gao Maoxue rushed over.
"Brother Zhou, what exactly do you mean by that? You suddenly want to exchange so many bills. Isn't this ruining your brother's business?"
Zhou Jizhi looked calm, patted Gao Maoxue on the shoulder, and said, "Brother Maoxue, there is no such thing as sabotage. People from all parties are here, why don't you sit down and talk first?"
Seeing him like this, Gao Maoxue suddenly felt a strong sense of uneasiness. Even though his level was not very high, he realized that he might have made a wrong move.
But now that all the people from the eight major families had arrived, he had no choice but to bite the bullet and sit down for the meeting.
Zhou Jizhi greeted everyone, "Everyone, today we invited everyone here mainly to discuss the issue of the ticket office. My Zhou family and several other families have a big business to do. A rough calculation shows that the required silver is more than one million, so we have to withdraw money from the ticket office. It just so happens that the Gao family used to withdraw the most money from the ticket office, and they also left the most bills, so this time we want the Gao family to take the lion's share. What do you think?"
The old man of the Wang family stood up and said, "Brother Zhou, what you said is true. We originally established this bank for the convenience of using money for our families. These bills must be cashed on sight. This is the rule! Since we need to use them and the Gao family has so many bills in deposit, then we can take out some more silver and cash the bills!"
Gao Maoxue slammed the table and stood up, "Old Wang! You make it sound so easy. That's not a bill of exchange of 10,000 or 20,000 yuan, it's hundreds of thousands! You didn't even say hello, and you just exchanged it. What do you want to do? We eight families are of the same blood. Don't try to plot and destroy yourselves!"
As soon as these words were spoken, everyone started talking.
Gao Maoxue saw that this was useful, and immediately added: "Tianjin is in chaos now. Foreigners, Japanese, and the dragons from Peking are fighting each other. It is time for the eight families to stick together! I advise some people not to stir up trouble at this time and do things that will make their loved ones sad and their enemies happy! You talk about doing business without any real intention, but what kind of business requires a million dollars in cash!"
The people present began to discuss more and more.
Zhou Jizhi immediately said in a loud voice: "Brother Gao, I wanted to save some face for you, but since you mentioned the people from Peking, I might as well speak frankly. You offended Director Lin, and we don't want to be blamed. However, as you said, the eight families are of the same blood, and we will not make it difficult for you. The bill of exchange is a bill of exchange, and it will be cashed on sight. We have the bill, and you have to pay the money. This is a matter of course! As for what business this money is used for..."
He looked around and said, "My Zhou family never does anything shameful. Since you asked this question, I will tell you that we plan to cooperate with Director Lin to further develop the salt field, build a few more factories, and expand our business!"
As soon as these words were spoken, it was like pouring a bucket of water on a boiling iron plate, splashing water everywhere and boiling heat!
The eyes of the few families who did not receive the news in advance were filled with shock!
Gao Maoxue was dumbfounded, trembling and unable to speak.
Even Zhou Xuejin, who was sitting in the back, had a look of shock on his face.
Originally he was talking about squeezing out the Gao family in the name of business, but now, why did Mr. Zhou say this as well?
Zhou Jizhi turned around and glanced at the most outstanding younger generation in the family, and sighed in his heart.
Xue Jin, this is the lesson I’m teaching you.
Although I know you have ulterior motives, I still choose to support you.
However, hiding things is not the right way. Since you have decided to do it, just use an open strategy.
Only by using an open strategy can we force the others to make a formal statement, completely defeat the Gao family and avoid his counterattack!
There are some things that we always feel cannot be put on the table, but when they are really put on the table one day, no one will find it difficult to accept.
This is the power of open conspiracy!
frightfiction