Chapter 475 - 440: A Generation of Emperors, A Generation of Ministers (National Day Special Addition)
It turned out that this middle-aged man hailed from Jizhou, and his purpose at Chongshan Pass was to engage in the glass trade. The merchant he was partnering with was none other than the Luo family.
In order to favor the business of Chongshan Bank, Luo Shang had already instructed that, starting from today, all significant transactions of the Luo family within Chongshan Pass would only accept silver notes from Chongshan Bank, and not even gold or silver, only the silver notes from Chongshan Bank.
If the middle-aged man wanted to purchase glass products from the Luo family, he could only do so with a silver note. If he brought silver, the shopkeeper and assistants at the Luo family’s store would not accept it.
In light of this, the middle-aged man had complained to the shopkeeper of the bank. The shopkeeper, all smiles, pointed to the counter not far away where a long queue was already forming, and said, "Esteemed guest, look over there. Those are all here to exchange for silver notes, hehe, it’s not just the Luo family, all well-known rich merchants in Chongshan Pass have chosen our silver notes!"
"Especially for the glass business, all transactions need to be settled with silver notes, because the glass trade is fundamentally controlled by the General Mansion!"
The middle-aged man revealed an expression of sudden realization. Yes, since the glass business was under the General Mansion, and they mandated that transactions be settled with Chongshan Bank’s silver notes, then all merchants coming to Chongshan Pass to purchase glass products would certainly use Chongshan Bank’s silver notes.
"I have some silver notes from Datong Bank here, can I exchange them all for your bank’s silver notes?"
Having understood the situation, the middle-aged man directly exchanged all the silver notes he had from Datong Bank for notes from Chongshan Bank.
It wasn’t just him; many merchants who came to do business in Chongshan Pass exchanged for silver notes from Chongshan Bank.
