Chapter 586 Let the fundraising storm sweep across England! (Ask for monthly ticket)
Soon, Elwes left Birmingham with satisfaction.
Without any effort, he found out that the city council was discussing the construction of gas street lamps, and the results should be almost there. The total project cost was as high as 200,000 pounds.
He even saw street lights that had been erected in many places in the city. It was obvious that Lightning Company was confident in winning the project and was already constructing ahead of schedule.
Of course he didn’t know that as early as two months ago, Kalona had bribed some councilors in Birmingham, Manchester and other cities to ask them to propose the construction of gas street lamps in parliament.
Just proposing a motion does not require any responsibility at all, and it can even be regarded as a political achievement of "promoting urban development".
As for the failure of the final bill to pass, Kalona didn't care at all. As long as the city councils slowly wrangled the matter and let everyone know about it.
Those street lights were repaired by Lightning Company for free in various cities.
It doesn’t cost much at all to just put up a few street light poles. And even this money was advanced by the subcontracting company below.
Later Elwes learned from a friend that the French ambassador to Britain had personally admitted that the gas street lights in Lille might be built by the Lightning Company.
In his mind, Lightning Company's project network spread all over England, and its business even extended to Europe. It was an impressive sight.
After Elvis returned to London, he immediately followed his "brother-in-law-to-be" to visit Mr. Goldmead and subscribed for 40,000 pounds of Lightning Company bonds.
Subsequently, he did not keep it a secret as promised, but quickly told his cousin about it.
The latter bought 30,000 pounds of bonds under his recommendation, and then happily disclosed the news to several business partners...
Huge sums of money kept coming to his door. , Goldmead has become numb to this.
For more than ten days, he has been signing subscription agreements and counting money, and nearly 600,000 pounds has flowed into Lightning Company's account.
Of course, the money is temporarily stored in the Commercial Credit Bank, and the amount has exceeded double the bank's previous peak funding!
This made him sigh with emotion. Choosing to side with the French Crown Prince was the most correct decision.
At the same time.
At the "Partner Strategy Conference" of Lightning Company, Styler was describing the bright future to the executives of the subcontracting companies below according to the Crown Prince's "script": "I believe everyone already knows that the company is about to obtain Agreement to build gas street lights in 7 cities including Birmingham and Liverpool
"And in distant Lille and Florence, we also successfully defeated our competitors and started laying gas pipelines!
"I believe everyone has calculated how large a project this is!
“And you are all participants in these great projects.
“You will create historic glory together with Lightning Company! "The directors and managers of dozens of subcontracting companies stood up one after another and clapped vigorously with excitement.
Style continued: "Of course, in the face of such a large project, we The initial investment is also very large.
“So the company hopes that our closest partners can face challenges with us, invest together, and then enjoy huge profits together!
“The specific project arrangement is as follows ..."
By the time he finished speaking, all the people from the subcontracting companies were looking at each other - the initial investment was really large, for example, the copper pipe alone would cost more than 130,000 pounds to produce, and the Lightning Company's It means that they need to pay the money in advance.
A short and fat man loudly objected: "Mr. Styler, although we really want to support Lightning Company, we really can't afford so much funds. ”
Someone immediately echoed: "Yes, this requires at least 20,000 pounds, which is really too much."
"We have only received one project payment this year, and it is really difficult to continue to advance..."
Style waved his hand to signal everyone to be quiet: "London's gas street lamps will be delivered by the end of the year. Once the project funds are received, they will be distributed to everyone immediately.
"Please hold on for another two or three months.
“As for funding issues, you can take loans or issue bonds. Now the whole UK knows that our gas street lighting project has excellent prospects, and as a participant, you can easily obtain financing.”
After the meeting ended, these companies immediately showed their talents and raised money from different channels. At the same time, they also promoted the gas street light project again.
On the other hand, the sales of household gas lamps are also becoming more and more popular.
After hearing that gas lamp prices were rising, London residents immediately launched a buying frenzy.
In the following month, more than 11,000 gas lamps were sold in London.
You know, 8 pounds is definitely not a small number for ordinary people. A tailor's annual income is only 15 pounds, and a private tutor of an aristocrat's annual income of 30 pounds is considered a high salary.
The entire population of London is only over 800,000. It can be said that almost everyone who can afford the money has bought one!
At the same time, cities such as Birmingham and Manchester also heard the news that gas street lights were to be built, so household gas lights were quickly sold in these places.
However, the consumption power of these cities is far less than that of London, and only 300-500 can be sold in a month.
(End of this chapter)