Infinite Reincarnation – Arthur Hurt - Chapter 138



Only Noblemtl

Episode 138

26-Noble

Arthur and Samuel turned a deaf ear to Cho-Reng’s mutterings. They were more curious about what would come out of Jaran’s mouth.

“Uh… So… … .”

The woman’s name was Sonya Tanan. She was the youngest of two children from a bourgeois family. The family was engaged in grain distribution and milling?

“How did you meet?”

Samuel asked the part he was most curious about. He himself was so busy with work that he had no chance to meet women, so how and when on earth did his uncle meet women? He was full of selfish desires to see and learn.

But the answer that followed disappointed Samuel.

“I came here to consult with my grandfather about a loan.”

If that’s the case, then I can’t follow it, right?

Arthur became serious, unlike Samuel who was disappointed.

“Isn’t that a beauty pageant?”

“A beauty scam?”

“We want to make it easier to get a loan review.”

Loan business. It was a related business as the distribution of Scalon began to stabilize.

Could this be a step toward building the influence of a full-fledged currency issuer by encouraging the use of scalons more actively with lower interest rates than the market? There is no justification that binds people as strongly as debt.

Moreover, businessmen could not avoid debt. They had to borrow money to prevent the bills that would come back immediately. After all, industry is linked to the development of capital. Industrialization inevitably led to the rise of capitalism, and that was why Arthur chose the fence of finance. Because that was the trend.

Jarani responded to Arthur’s sharp words.

“Would I really be swayed by something like that?”

“That’s true now, but when you get married, you become blood relatives. Of course, you’ll want special treatment in loans. Let me guess what will happen to me.”

Your in-laws are asking for a special loan, but you’re refusing?

The relationship with the wife is strained and the wife is sad. If you make a little concession for the sake of your beloved wife and the happiness of your family, you will cross the line that you have drawn in your heart, and if you do something good, you will give your wife’s family preferential treatment in loan screening, and if you do this again and again, you will fall into a deep swamp and reach a point where you cannot turn back.

“… … .”

The room was filled with silence as Arthur made a serious prediction with an explanation that seemed too plausible, but Arthur’s prediction did not stop there.

“It would be nice if it ended there, but other businessmen couldn’t help but smell it. Why is that guy’s wife’s family so wealthy? Why are loans easy to get? Then, those who realize that it’s a preferential loan will think they’ve found a weak point and ask for loans. Or they’ll tell the king. Of course, it’s a bit of an exaggeration, but that’s the gist.”

Arthur said with a complicated expression.

“It is difficult to achieve both family happiness and personal prestige.”

“… … You’re going too far.”

Although Jarani’s expression hardened, Arthur had grounds for his judgment.

“If I had never had such expectations of you, I wouldn’t have brought my granddaughter to the loan consultation.”

See one and know ten.

It was more likely that he had thought of what he could get from a beauty shop than that he had thought of Jaran, who was 16 years older than his granddaughter, as a great son-in-law. If that was his way of thinking, it was obvious what he would demand of Jaran after marriage.

Although he wasn’t ugly, he wasn’t attractive either.

He was a man who was better described as a cool merchant than a cool man. Isn’t it the reality of capitalism that the title of central bank governor is more attractive as a marriage partner and as a son-in-law than the person himself?

Cho-reng chimed in, perhaps feeling sympathy for Jaran’s sad expression after hearing Arthur’s words.

“But Arthur, you haven’t met those people yourself, have you? Isn’t that too extreme an inference? Can you guarantee that it will definitely happen?”

Arthur nodded without bothering to refute.

“That’s true. I can only say that it is probabilistically likely, but I can’t say for sure that it will happen.”

“I see.”

Jarani nodded. Arthur felt a little sorry for him as he watched his expression turn on the hope circuit in his brain.

“That’s why you need to check the risks. It’s something that affects your important life.”

“how?”

“Give me what you want.”

“… … So, a loan?”

“yes.”

Arthur nodded.

“And after that, observe their attitude carefully. Is she a woman you can love? Is she a family you can marry?”

“ah!”

Jaran nodded, understanding what Arthur was saying.

Humans are animals whose minds are different before and after using the bathroom. You can see their true feelings from the change in their attitude when they get what they want.

After finishing the story about the personal history of those who grew up there, they held another meeting.

Cho-reng left after talking about the music box business, and the remaining three discussed the currency business.

“What’s the situation with the royal vault?”

“Now it has stopped decreasing and is gradually increasing.”

“wow.”

Samuel was amazed.

It was said that the situation was now becoming such that Scalon could be purchased with gold.

Well, it wasn’t strange. There were cases where you could get a premium and buy gold that had lost its credibility.

However, it could be seen as positive in that transactions occurred where gold could be purchased using fiat currency.

But Arthur didn’t like it.

“Now is the real beginning.”

“… … I know.”

Zarran nodded with a hardened expression. Now that Scalon’s credibility has begun to take hold, the king will want to issue more Scalon to secure policy funds.

But we shouldn’t leave it that way. Wasn’t the reason we acquired the right to issue currency not to become the king’s lackey?

“We have to buy some time somehow.”

“how?”

“You have to make a joke. And to do that, you need a clear justification.”

Arthur told them to lend as much as possible, joking that if the king pressured them to issue more scalons when there were already so many in the market, the value of the currency would collapse.

“If we can hold out until the nobles cannot live without Scalon, then we will win.”

And the loan was a good catalyst to induce such a situation.

Samuel, who knew about the plan, stuck out his tongue.

“The king was told that by distributing Scalon, he could steal the gold and silver from the nobles, and the nobles were converted to Scalon supporters.”

“But there is something missing.”

“still?”

“It makes them feel the need to protect Scalon.”

“how?”

“We help them do what they do best with Scalon.”

“What do they do best?”

“It’s a money game.”

Arthur said.

“Money play?”

But Samuel didn’t understand a bit. They were good at playing with money, holding the earth and swinging it?

Arthur replied.

“Although it is a little different, the landed aristocracy has a knack for lending something to someone in return for a reward.”

How did the landowners increase their land? It was too simple to say that they simply bought land. How could the peasants easily sell their lifeline?

No matter how much power and authority a noble had, it couldn’t just be taken away, so a justification was needed.

It was the beginning of serfdom, which has now disappeared from the Skara Kingdom, where they lent food to farmers and promised to return it later. If the farmers could not repay, they would receive land. If they had no land to sell, they would sell themselves. This was the beginning of serfdom, which has now disappeared from the Skara Kingdom.

Yes. It can be said that the specialty of the landed aristocrats is the loan business. And they have acquired a very long-standing know-how.

Samuel tilted his head.

“But would nobles play with money?”

“But I don’t say I don’t do it.”

It’s a strange conversation, but the inside story of this conversation is that there was a custom where it was a loss of face for nobles to directly engage in money games. Yes, the word ‘directly’ was the key word, and that was the reason why so-called commoner vassals existed.

Could it be said that he was a being who played for money in place of the nobles? He could be called a kind of capitalist bailiff.

“We intend to propose this aggressively.”

“how?”

“It’s banking.”

Arthur said. It was a business where the nobles would pool their capital, or scalons, and make money by investing and lending. Even now, Jarani is lending, but it is limited to big players with assets, and it is only to the extent of giving scalons with assets as collateral.

To further expand the power of finance, a system that could tie everyone up in debt was needed: banks.

It may seem like an evil plan to tie yourself up in debt, but as humans live, there are times when you absolutely need the help of others to do something. Sometimes to avoid a crisis, sometimes to achieve a dream.

Among them, the bank was a business that provided financial assistance at better conditions and with better accessibility than the current loan business. In other words, it had sufficient business potential. Looking at the current stability of Scalon, it was a business with full potential.

After hearing Arthur’s explanation about the banking business, Jaran asked with a serious expression.

“How do you propose that to the nobles? And is it okay?”

Having experienced the influence of finance firsthand, Jaran expressed concern that offering a business with such great influence as a bank to the nobles could be seen as a betrayal to the royalists, and that allowing the nobles that much influence would be frowned upon.

But Arthur had a plan.

“So, first of all, I plan to propose this business to the bourgeoisie.”

The bourgeoisie, whose wealth has been amassed through commerce and industry, will certainly see the potential of this business and invest in it.

Of course, it’s not like there wasn’t anything like banking in the past, but anything changes when it passes a critical point.

In order for a simple loan business to reach the level of being called a bank, it needed to have a certain scale and credit rating, so in the past, when there was a shortage of physical currency to lend, banking was not possible with just a little financial resources.

But what about now? Hasn’t the barrier to entry been lowered significantly with the introduction of Scalon?

“They will take Scalon as collateral and then lend Scalon to others. They will definitely make a profit in the process.”

As the banking industry of the bourgeoisie becomes more successful and influential, there will be those among the aristocracy and the neutrals who will want to have a stake in the banking industry.

There were many ways to do that. They could secretly contact him, or we could instigate them without the king knowing.

Samuel nodded and replied.

“Since there’s Mato Trading Company, getting started won’t be difficult.”

“No. This time, Mato Trading Company should not be involved.”

“Why?”

“Because Mato Trading Company must remain the bank of banks.”

“why?”

“Because loans are always followed by collections.”

And debt collection is always followed by resentment. It is human nature to forget the responsibility one has taken for borrowing.

Debt collection in this era was harsh. There was no need for the central bank to step in and face the hostility of debtors.

“Let the private banks take their revenge. As the central bank and the bank of banks, we will exert influence over the private banks under the pretext of the national economy.”

Only then will the power of issuing currency truly be so powerful that even the king will not be able to do anything he wants.