Eugenie with money [Grandet]

The Duchess of Godefeloy obviously expected that Eugenie would evade, and her face became more serious and rigid: "To be loyal to the queen is to be loyal to the crown prince, which is to be loyal to the future king of the empire. It should not be necessary for me to Reminder, Mademoiselle Eugenie."

Eugenie gave no answer but yes.After thinking for a while, she asked the Duchess to sit down for a while, and went back to her room to take back a few bond certificates: "This is 25 shares of railway bond certificates, calculated on the basis of 30.00 francs per share of railway bonds. After the queen sells them, you can Get 150% of this year's income of [-] million francs, please keep it for the Duchess."

The Duchess of Godfelloy was really surprised this time—in Paris, all ladies have their own annual income, but no lady can take out [-] shares of railway bonds at will, and Miss Eugenie can !

As if seeing the surprise of the duchess, Eugenie smiled wryly: "The duchess, please remind the queen that these public bonds must be sold as soon as possible, otherwise, the public bond market may be shaken next time."

Seeing the Duchess's puzzled expression, Eugenie explained: "Madam also knows that I have always invested in public debt. Now all the public debt in my hand has been donated to the Queen. With so many shares, if the Queen cashes out directly , will have an impact on the bond market.”

It turned out that it was all the public debts in her hands. Duchess Mo Ming felt relieved and asked seriously: "What if the queen doesn't cash it out?"

Eugenie shook her head: "As you know, the public bond market fluctuates every day, and no one person can control it. If you don't cash out for a day, you can't guarantee the Queen's income for the whole year. And I," Eugenie looked at the Duchess, and once again With a wry smile: "We must continue to invest in order to ensure that there will be enough funds for the next year to guarantee the Queen's 30.00% annual income."

It turned out that the Queen's 500 million francs were to be invested in public bonds, but the Duchess didn't understand: "If you want to earn money, you must buy a lot. The price of railway bonds should rise, so how can they fall?"

Eugenie smiled, with a confidence that the duchess had never seen before: "Duchess, how long do you think I will have to hold the 150 million francs at the current market price before I can get it back?"

The Duchess was dumbfounded.The queen's request is indeed difficult. According to the current yield of public bonds, it will take nearly three years to reach 30.00% of the yield. Now I can get it all at once, and it will be so much next year.You can't take the benefits yourself, and don't allow others to make up for the losses, right?

Thinking of this, the serious expression on her face eased a little: "Miss Eugenie, both the queen and the crown prince will remember your loyalty."

Remember, so you can squeeze yourself next time?Eugenie showed a fearful expression on her face: "This is my honor. It's just that the duchess also knows that the king has really handed over the supervision of military pay to my father, and my father has just arrived in Paris and has never contacted him before." through the army..."

It turned out that there was a request, which made the Duchess feel more at ease - don't be afraid if you have a request, if you have a request, you will have a handle, what you are afraid of is not having a request.

"If Count Grandet is excluded in the Ministry of Finance, you can ask the Undersecretary of Finance, the Marquis de Savar, to uphold justice. Although he is only the undersecretary, he has dedicated his entire life to the Ministry of Finance. General Obaldi of the Ministry of War, I will be very willing to cooperate with Count Grandet." This was the Duchess's response to Eugenie's concern.

Very good, just try it out, and you will know who is the Queen's man, Eugenie is very satisfied.Both parties were satisfied with the result, that is, they talked very happily. Before the Duchess left, she had promised Eugenie that she would speak to the Queen and would not trouble her again within this year.

In order to express her gratitude to the Duchess, Eugenie was unladylike and directly used a hundred thousand francs to solve the problem.The Duchess declined, but accepted Eugenie's thanks.

"You have given all the public debts to the queen, what should you do?" Grandet, who had not shown his face all this time, came out from the inner room of the small reception room.Eugenie was thinking about something, but she was a little dazed when she heard Grandet's voice, but she didn't understand what he was asking.

After Grandet repeated the question, Eugenie smiled: "Father, why did you forget, how much did we pay for these public bonds?"

Grandet paused, then remembered that the railway bonds in Eugenie's hands were subscribed before they were publicly issued, and they were only bought at seven francs per share, so the 42 shares that Eugenie gave to the Queen just now The purchase price was only 150 francs, not [-] million francs as the queen or duchess thought.

It is not Grandet who can settle accounts like this: "What is the same, the current market price is 150 million francs, and it is not easy to buy."

Eugenie was confident: "Soon, railway bonds will be the best buy of all bonds."

Grandet looked at Eugenie in puzzlement, the question in his eyes was very obvious.Eugenie whispered: "I have just reminded the Duchess to ask the Queen to sell the public debt as soon as possible. With sixty thousand shares in the market, the price will always come down. Isn't it, father?"

Seeing Grandet nodding, Eugenie smiled very briskly: "The last time we passed Count Nucingen, we have squeezed out some of the public debt, and now it's time to become the second largest shareholder."

"Then I'll go and inform Nucingen." As long as Grandet finds it profitable, he has always been very positive.

This time Eugenie shook her head: "Father, didn't you realize that Earl Nucingen knows our family background very well?" Otherwise, the French king and queen would not have done anything to themselves so soon.

It's just that I don't know if there are people from both sides behind Nucingen, and Nucingen also betrayed the news twice.

This time the public bond transaction, but we can see some clues.

Hearing that Eugenie was not planning to bring Nucingen this time, Grandet was even happier: "I will go to the market myself."

"No, father. As soon as you go to the public bond market, no matter what you sell or how much you sell, it will immediately cause the bond market to collapse." Eugenie hurriedly stopped the active old cooper: "Even Mr. Grassin can't Come out." It was now known in all Paris that Grassin was Eugenie's agent.

It is impossible to come forward by yourself, and neither can Grassin. Grandet is a little anxious-like all misers, there are not many people who can gain his trust.Grassan would not have been an agent if he had not passed his test at Saumur.

Eugenie reminded him: "Mr. Grassan still has a group of people who can operate separately."

"What if those people run away with the money?" Grandet felt a little risky.

"If a person has a lot of shares and a large amount of funds, it is still worthwhile to run away with the money. If each person only gets a few thousand shares or about [-] shares, and the commission they get is huge, how can they be willing to run away? "Eugenie is not worried. The capital market in France is not perfect now. Except for Paris, the speculative market in other provinces is still in its infancy.

Those who acted for Grassan would do nothing more than speculate. If they ran away, there would be little room for survival in other provinces.The price of being greedy for a while is too high, which will make people choose more secure means of making money after calculating the cost.

Grandet looked at Eugenie in disbelief, it doesn't matter what others say, yours are not thousands or tens of thousands of public bonds, but nearly 90 shares, okay?If you really disperse people to sell, how many people do you have to find?

"Don't worry, father, we will still rely on these public bonds in the future, so we won't sell all of them." Eugenie reassured Grandet.

Even if he was worried, Grandet couldn't beat Eugenie in terms of capital investment now.That night, Grassan was called to the door, and Grandet came out to give him an opportunity.

The next day, there was a large number of selling orders in the railway bond market. Since the bond was hard to find some time ago, it did not have much impact on the market.But Nucingen, who has always been concerned about the bond market, still noticed it, and came to Eugenie's house to ask what happened.

"If I threw it out, why didn't I inform you, Count Nucingen." Facing his question, Eugenie replied innocently: "We have an agreement, no matter what operation I do, I will notify you of."

Nucingen nodded naturally, because Eugenie did cooperate with him to squeeze out the water in the railway bonds last time.It's just that a large amount of government bonds suddenly appeared in the market. Based on the instinct of the banker, Nucingen thought it was not a good thing.

He asked Eugenie this question, and found that Eugenie was looking at himself with a wry smile: "I know the origin of these public debts, but I can't say it out of loyalty."

Nucingen's eyes widened all of a sudden, and the word loyalty can be brought out in people's words. There are only two or three people in the entire French Empire...

Eugenie nodded silently to him, as if she knew what was on his mind.Nucingen stood up, silently saluted Mrs. Taigu who was sitting with her, and walked out the door of the small reception room with a little unsteady footsteps.

Grandet walked out of the inner room again. Mrs. Taigou wanted to ask him, aren't you the financial supervisor? Did the lady spend nearly 100 million francs just to let you supervise her own finances?

Grandet didn't care about Mrs. Taigou's face, and asked Eugenie bluntly: "Has this guy frightened this time? Will he go to the king or the queen to prove it?"

Eugenie was very calm, and Nucingen's sense of accomplishment would not be enhanced by scaring Nucingen, and the result she wanted was never this: "Tomorrow, the people arranged by Mr. Grassan will be able to sell the railway bonds. Wait three days." Days from now, no matter what the price of the railroad bonds, be sure to stop."

"Then when will we buy it back?" Grandet felt reassured that the things were still in his hands.

"Of course it's when the king wants to save the capital market." Eugenie finally put on a sneer, and everyone should scare people together, how can it be done if only she is frightened?

Spain's model may not be easy to replicate, but she can still collapse a single railway bond.

Isn't this coming as Eugenie planned?

As a newly issued government bond, the yield of railway bonds is one or two percentage points higher than other bonds. When it was released on the first day, there were many people who took orders.But the next day, Eugenie's release of public bonds showed a weakening trend, not because the amount she released doubled from the previous day, but because there were many people in the market who were as sensitive as Nucingen. Prices have come down.

On the third day, the railway bonds released by Eugenie increased by 50.00% on the basis of the previous day. The railway bond market could not bear it, and the price plummeted from 23 francs a share the previous day to close at [-]%. Nine francs a share.

Even if Eugenie had let Grassan's people stop on the fourth day, the panic in the railway bond market had been aroused, and a large number of small and medium investors began to follow suit and sell.

Every small and medium-sized investor may not have many shares. Under the influence of accumulated sand and towers, the onlookers only see selling. How can anyone take the risk to continue to take orders?The market fell again and again, and the price of each share was only fourteen francs at the close.

"What's going on? Could it be that the Bank of Nucingen is issuing railway bonds?" the King of France asked the attendant angrily.

Earl Niegeland's always gentle face was now showing frost: "The subject has already asked Nucingen, and he said that the Nucingen Bank and the railway bonds in his own hands are still kept in the treasury. None sold."

"Who is that? Could it be Eugenie Grandet?" The King of France could only think of these two people. After all, even at the current price, Eugenie's public bonds subscribed before the issuance would have doubled the income.

She didn't lose money on the sale.

It's a pity that Earl Niegeland didn't give him the answer he wanted to hear: "The first time there was a large number of shares sold in the market, Nucingen asked Miss Eugenie for confirmation, and she said that she knew the origin of the shares sold, but Can't say out of loyalty."

Can't say out of loyalty? !

The French king slapped the table hard, walked around the room, and after a while, gritted his teeth and said a few words: "Queen, I really underestimated her."

"Your Majesty," Earl Niegeland had exactly the same answer as the King of France, but he had no choice but to persuade the King of France to calm down: "The Queen already knows that Grandet will supervise the military pay, but you refused to intervene, and took it from Mademoiselle Eugenie." To the government bonds, and then sell them for cash, it is also..."

The French king took a few breaths and asked, "Is the railway bond still falling today?"

Nie Rilang nodded helplessly. He knew that the king of France was only worried about the imminent issuance of new railway bonds, but now that the bonds have plummeted, who else is willing to buy new railway bonds?

Railroad bonds with no buyers, just a pile of scrap paper.

"Order Nucingen, no matter what method is adopted, the railway bond market must be stabilized." The King of France could not ask the Queen how much government bonds she got from Eugenie, but it must not be a small number to hit the market like this.

Then Miss Eugenie, who is a bit of a gold finger, will not have too much money in her hands, and the only one who can save the market is the Nucingen Bank.The king of France did not expect the railway bond to rise back to 25 francs again. As long as the current price does not fall, it can support the issuance of new bonds.

That's what Nucingen was conveyed to by Earl Negeran.But now Nucingen obviously only owns 60.00% of the shares of Nucingen Bank, and he cannot make decisions alone, so he has to come to Eugenie's mansion again to discuss.

"Does Your Majesty think that the Bank of Nucingen can print francs?" Eugenie looked at Nucingen in disbelief, her face was full of expressions of whether you were talking in your sleep, which made Nucingen feel guilty.

After straightening his face, Nucingen said awkwardly: "Miss Eugenie, you know that the king has an order, and the Nucingen Bank needs to cooperate."

"But now that there are so many people selling public bonds, the Bank of Nucingen does not have the strength to support the entire railway bond." Eugenie pointed out this point bluntly.

"But those people don't have a lot of public debt."

"Do you really think so, Mr. Count Nucingen?" Eugenie's complexion looked uneasy: "I always thought that you were a qualified banker, so I invested in Nucingen Bank with confidence and invested my profits Returned the investment."

"But now, you tell me that you don't care about your own financial situation and want to invest all your funds in railway bonds. What will you do if you can't support it? What if the people know that there is a run?" In the end, Eugenie The questioning voices became louder, as if they were about to hit Nucingen.

This reminded Nucingen of what Grandet and Nanon had done in his office after Eugenie went to Madrid, and flinched involuntarily: "Miss Eugenie, things are not as you thought .As long as the Bank of Nucingen spends part of the funds to keep the price of government bonds stable for two days, the following trend of selling will decrease. If we continue to buy, the following trend of buying will increase. By then There is no need to invest any more money.”

"Hehe," Eugenie looked at Nucingen with contempt: "Sir, do I need to remind you that if you want to keep the railway bonds from falling, even if it's only for two days, you need to prepare tens of millions of funds?" ?”

Of course not, Nucingen has already settled this account, but it is worthwhile for Nucingen to gain the attention of the highest authority in the empire.

"It's only two days." Nucingen persuaded Eugenie with a fluke mentality: "It's okay for Nucingen Bank to persist for two days."

"What if someone sells after two days? I invest in the bank for profit, not to prop up a bond market that is about to collapse. Because I don't have any in my hand..." Eugenie looked at Nuchin angrily Root, I accidentally said too much.Fortunately, she has very strong self-control, and she shut up immediately after realizing something was wrong.

But Nucingen had heard that Eugenie had no railway bonds herself, so it was no wonder that she did not care if the market for railway bonds collapsed.If all the public debts in my hands were taken away by others, I would have the same mentality as Eugenie.

Thinking he understood the reason for Eugenie's emotions, Nucingen spoke more relaxed: "Miss Eugenie, please believe me, after the public bond market stabilizes this time, the public bonds in our hands will be sold slowly after the price rises." , your income will never be affected."

Eugenie was appeased, and her resistance seemed to be less, and her face was no longer so scary: "Mr. Nucingen, I think you still need to discuss it with Count Negeran, in order to ensure that the bank of Nucingen does not run. , other banks should also participate in the rescue.”

Seeing that Nucingen was hesitating, Eugenie added her strength: "Those banks are not as strong as Bank Nucingen, which is obvious to all. Therefore, the biggest credit for stabilizing the market is the Bank of Nucingen. And the rescue of the market It is also impossible to disperse all the funds, so you can suggest to Earl Niejlang to set up a joint fund, and the specific operation of this fund will be completed by you."

Eugenie believes that when the capital is collected to a certain extent, no matter how great the power is, it will surrender.It's just that I have learned the lesson of being manipulated by others. For the time being, I can't help myself to control the funds.

Nuqingen was immediately moved, but he still hesitated: "But Your Majesty, you won't be willing to see such a large sum of money put in the hands of the same person."

Eugenie said indifferently: "Isn't there still a financial supervisor?"

Nucingen felt that he had guessed what Eugenie was thinking, and stood up and bowed solemnly to her: "Yes, this fund can be supervised by the king's financial supervisor."

Earl Négerand, who received the new suggestion, reported the request of the Bank of Nucingen to the French king with some trepidation. At this time, he did not dare to keep a word for Eugenie: "Miss Eugenie suggested that in order to prevent the Bank of Nucingen from abusing funds, the use of which may be supervised by the Fiscal Supervisor.”

"What?" The King of France did not expect Eugenie's request to be so aggressive: "Does she think that I only have Grandet as a financial supervisor?"

Count Niegeland smiled wryly: "According to Nucingen's conversation with Miss Eugenie, she no longer has any railway bonds in her hands." That's why Miss Eugenie gave such a suggestion. Langtai reaped the benefits immediately.

"What, there is no railway bond at all? I remember that she subscribed for a large amount before the issuance." The King of France still had the impression that Eugenie was the first to discover the steam locomotive.

"It is said that the queen asked Miss Eugenie to invest for her every year. The income should not be less than 30.00%. In order to maintain the queen's due dignity, Miss Eugenie paid this year's income first." The king's attendant, He didn't have a good impression of the queen, so there was no pressure to say these words.

"That is to say," the French king didn't know whether to regret that he was not decisive enough to save face, or to be angry that the queen was too proficient in picking peaches: "Our Miss Eugenie now has no disposable funds in her hands."

Count Niegeland cleared his throat: "It should be, people in the Ministry of Finance have already started rumors that the newly appointed financial supervisor, Count Grandet, is very close to every franc, as if it is his own money. same, requiring everyone to account to him."

The Dharma King, who was originally furious, was also amused by these words: "Everyone has to report to him? Can he see it, or has he discovered something?"