Chapter 879 Gambler


Chapter 879 Gambler

Bruni smiled politely: "His lord, you know, according to the original agreement, my job does not include contact loans."

He is an executive of the Banking Palestinian industry and has close contacts with London, but his commission is far from enough to guarantee a loan of tens of millions of francs for the British.

McGovern said without hesitation: "Twenty thousand francs. After the event is completed, you will receive a commission of twenty thousand francs."

For the huge victory that is near, he no longer takes the huge sum of 20,000 francs seriously.

Bruni immediately bowed slightly: "I can help you, Your Excellency. But you have to come to the specific loan negotiations yourself."

The next morning, a banker with wrinkles and a delicate wig met the British in the office of the Silk Trading Company in Paris.

Yes, this company is the white glove that the UK conducts various financial operations in Paris.

"Mr. Lemoin, that's about it." McGovern's confidant Danny Gray gestured to Cottage, "For my company, I hope you can provide this funding."

Banker Lemoin nodded and said, "Mr. Gray, IMHO, your company is obviously not worth 4 million francs. "You have to be so anxious that you must provide enough collateral." "

"After a week, bills will be sent from London, you can obtain ownership of the ticket through the agreement in advance..."

Lemo shook his head firmly and politely: "I'm sorry, Mr. Gray, the amount is too large. I dare not take even a slight risk.

"If there is no collateral, we can go through normal financial procedures and then decide whether to provide a loan after detailed inspection of your assets and company conditions."

"No, it must be too late..."

If you want to get 4 million in the normal loan process, the procedures will take at least two months.

Grey knew that his boss didn't want to wait for a day.

Lemoin settled his clothes and stood up: "I am helpless, sir..."

"Please wait a moment."

Gray stabilized the banker, turned to the second floor, and told McGovern what the lender asked for in an office.

The latter sighed and finally nodded, "Tell him that we can mortgage gold."

He used franc banknotes obtained from the South German state to exchange nearly 40 million francs of gold from the French Reserve Bank, and now it is placed in the warehouses of Sain Silk Trading Company in Paris and several other white glove companies.

But he did not want to expose his behavior of exchanging gold from the French Reserve Bank. If he was targeted by the French financial police, it would cause trouble for his subsequent shorting operations.

But he also knew very well that not many people could take out huge sums of millions of francs at once, and he didn't have much room to bargain.

After a moment, Grey returned to the downstairs and said to the banker, "Gold. I can mortgage the gold."

Lemoin sat down with a smile again: "If your mortgage is enough, I promise to send 4 million francs to your company within two days."

Lemoin said again, "But we must sign an agreement that the gold must be kept where I designated before the loan repayment period is reached. Of course, you can send someone to stare at the collateral."

He made the best guarantee that Lemoin's bank would not disclose information about the gold.

"This..." the banker hesitated and nodded, "Okay, I can accept this condition.

"Then we can talk about interest now."

Grey said: "I only need to have a loan of 5 months. If it goes well, I can repay it in 3 months."

Lemoin nodded again: "Okay, 5 months, 18% interest."

"This is too high!" Lemoin smiled confidently and said: "Please believe me, those who can provide you with 4 million francs in two days will not offer lower interest."

Gray went upstairs again to ask Lord McGovern for instructions and returned to the office to sign a loan agreement with Lemoin.

For the most of the day afterwards, Gray met with two other lenders, used gold as collateral, and obtained loans of 3 million and 2.7 million francs from them respectively.

The interest rate is also as high as 18%.

But McGovern doesn't care about lowering the interest rate.

When he successfully penetrated the French Reserve Bank's gold reserves, the franc would inevitably depreciate significantly.

By then, he would be able to exchange the gold in his hand for several or even dozens of francs, and repaying the loan interest was easy.

At the same time, you can make a lot of money.

Mr. Wilberfos promised him that he could get 5% of the proceeds from this action.

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The next day, McGovern's loans were in place, with a total of 9.7 million francs.

He immediately asked Gray to distribute the money and go to the French Reserve Bank to exchange it for gold.

After the huge amount of funds are spent, the effect will be immediate.

Three days later, Bruni brought him good news: "Lord, do you know who appeared in the Crown of the Dharma today? "I am the brother of the Dharma King and the steward of the Earl of Provence.

"I found out from a friend of the Bank of France that the Earl of Provence submitted an application to exchange gold worth 5 million francs at the Bank of France. "It is said that due to the huge application, the Bank of France decided to suspend its gold exchange business tomorrow. "

McGovern waved his hand very gracefully and ordered, "Publicate this matter immediately. ”

“As you wish, Your Excellency. "

Bruni was about to turn around, but suddenly stopped: "By the way, there is one more thing, Your Excellency.

"Reporters from the Netherlands, Prussia, and Saxony suggested that due to the impact of the war, the funds needed to be increased in Paris. Especially the two newspapers in Saxony, they hope to get 3,000 florins."

Megover was in a good mood and nodded immediately: "Since it is a feast to celebrate my great victory, why not let the guests enjoy it? Tell them that as long as the news here is transmitted back to the country as quickly as possible, the cost is not a problem."

Yes, in order to maximize the French finance, he invited reporters from European countries to Paris more than half a month ago so that the whole world can learn about the news of "the collapse of the French gold standard system" at the first time.

However, France's financial tenacity exceeded his expectations.

Until a week later, the Legal Reserve Bank was still insisting on exchanging gold for depositors.

McGovern can be sure that the gold in the bank vault has definitely bottomed out, but these damn French people just don't want to take their last breath.

Fortunately, the 800,000 pounds specially approved by Mr. Wilberfos has arrived.

MGovern was like a gambler who had a red eye for gambling, and without hesitation, exchanged all the money for franc banknotes.

Because the amount is too large and he has to worry, he has to pay up to 7% of the handling fee for those unscrupulous French private banks.

(This chapter ends)

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