Gale turned and looked at the nurous grain rchants.
Seeing the money, these fence-sitters no longer showed their previous righteous indignation. They all fell silent, pretending not to see Gale, waiting for Master Yan Xing to discuss the grain acquisition.
Gale, now completely isolated, cursed, "You short-sighted fools, just like rabbits!
"Staying here will only lead to you being sucked dry of the last drop of your blood!"
Seeing the grain rchants still adopting a ’hear no evil, see no evil’ attitude, Gale stomped his foot in anger and swept out with a flick of his sleeves.
He didn’t believe Yan Xing had any good intentions in purchasing grain from the rchants at this ti.
If he himself had such an advantage, he would certainly use the opportunity of purchasing grain to squeeze the rchants to their very last.
After gaining control of all the grain in the city, he would then inflate the prices.
Recoup all the losses from the grain price drop in one go.
Eliminate all competitors and fatten himself.
Gale never believed that Yan Xing’s cooperation with Count Theodore in slashing grain prices was due to any personal friendship.
He wasn’t from the Silvermane Principality; why should he care about the civilians of Nuta City?
Everything Yan Xing did was aid at first eliminating Nuta City’s grain rchants and then monopolizing the grain business there.
Calling this eting of grain rchants signified that he was about to close the net.
Gale felt there was no need for him to stay any longer.
Since he had guessed Yan Xing’s plan, he had to use this ti to raise funds.
Yan Xing was collecting grain, and so would he.
Yan Xing wanted to profit from raising grain prices, and so would he.
Yan Xing wanted to remove competitors, and he would swallow them all whole.
After this comrcial tidal wave, the small-scale rchants here, lacking the ability to withstand pressure, would eventually die out. Only the large-scale rchants would survive.
Only they could take all in the end.
The Golden Oak Chamber of Comrce could afford to play this ga.
He believed that with other rchants from the Golden Oak Chamber of Comrce present, any information would reach him.
Gale left the eting, feigning indignation, to prepare for purchasing the grain from the other rchants.
Upon seeing Gale leave, Yan Xing instructed his attendants to close the eting room doors.
Then he addressed the assembled grain rchants, "Grain is the foundation of Nuta City’s stability. Especially during this ti of war, we need stable grain prices.
"My Eternal Comrce Guild assisted Count Theodore in stabilizing Nuta City’s grain prices. Although this was done with good intentions, I must admit that our actions have indeed hard your interests.
"I apologize to all of you."
Yan Xing bowed to the grain rchants to show his sincerity.
An older grain rchant couldn’t help but say, "Business competition is inherently brutal. After seeing the vast stockpiles of grain held by the Eternal Comrce Guild, we truly lost the confidence to compete with you, Master Yan Xing.
"We only hope that when you purchase our grain, Master Yan Xing, you can appreciate our difficulties.
"Please don’t push the price too low; leave us a way to survive."
The images of the grain warehouses continuously displayed on the large screen behind Yan Xing had dealt a heavy blow to the rchants.
The Eternal Comrce Guild’s ample grain reserves ant that the rchants’ hopes of waiting until the Guild’s supplies were depleted before raising prices themselves were completely dashed.
Now, they had to dispose of all their grain before the war ended.
Otherwise, if the Wildwind Highlands Legion’s surplus military rations were transported back to Nuta City, they, the grain rchants, would truly lose everything.
But what price was Yan Xing prepared to offer for their grain?
No one knew.
They could only hope the rumors of "Master Yan Xing, generous and rciful" were true.
By humbling themselves before Yan Xing, the grain rchants effectively admitted their defeat in this comrcial competition, now only hoping to survive the ordeal.
Yan Xing then revealed the plan he had been formulating over the past few days.
"I have two acquisition proposals for you to choose from.
"First: I will purchase your grain at the current market price, using my own grain in a one-to-one exchange.
"Your grain will enter my warehouses, and in return, I will issue you exclusive Eternal Comrce Guild Grain Tickets. Holding these Grain Tickets, you can withdraw your grain at any ti. I will not charge storage fees, nor will there be any charges for spoilage."
Yan Xing’s announcent of the first acquisition proposal imdiately sparked discussions among the attendees.
The Eternal Comrce Guild’s grain was all high-quality; wheat kernels were plump, and rice grains were perfectly round.
The flour and rice powder milled from them were as white as snow.
Currently, the unofficial exchange rate for grain transactions in Nuta City was one kilogram of Eternal Comrce Guild grain for one and a half kilograms of ordinary grain.
Therefore, Yan Xing’s willingness to use a one-to-one exchange rate—his pri grain for their ordinary grain—was beyond all the rchants’ expectations.
The Eternal Comrce Guild’s grain was definitely priced high.
If they could obtain the Guild’s grain at this exchange rate and then transport it elsewhere for sale... while a profit wasn’t guaranteed, recovering their initial investnt would absolutely be no problem.
Moreover, Master Yan Xing would even allow them to store the exchanged grain in the Eternal Comrce Guild’s granaries!
Not only would there be no storage fees, but no spoilage fees either!
Grain spoilage was a continuous issue; that was why rchants dared not keep grain on hand indefinitely.
If they encountered any fires or floods, it would all be lost.
Storing grain in the Eternal Comrce Guild’s granaries was like placing it in a vault that required no personal managent and incurred no risk of loss from spoilage.
They could withdraw the grain and transport it to areas with higher grain prices for sale whenever they were sure of a profit.
Withdraw it whenever they wanted!
Surely such an excellent deal couldn’t be a trick?
The grain rchants were very tempted by Yan Xing’s first acquisition proposal. However, receiving such an attractive offer when they were bracing themselves to be fleeced made most of them incredulous.
Even if Master Yan Xing was enormously wealthy, he couldn’t just give away money like this, could he?
At this point, soone asked, "What is the second acquisition proposal?"
Yan Xing could see the doubt in the rchants’ hearts.
Ultimately, in the eyes of the grain rchants, grain was still just grain. But in Yan Xing’s eyes, it had already beco sothing else.
If I could successfully issue Grain Tickets through these grain exchanges, I would even be willing to increase the exchange ratio.
Since the grain rchants were all waiting to hear the second acquisition proposal, Yan Xing continued, "Gentlen, you are all grain rchants. You have your own farms and established channels for grain distribution.
"My Eternal Comrce Guild is planning to establish a grain investnt firm in the near future, specializing in the cultivation, procurent, and sale of grain.
"You must have all seen the extensive farmland the Eternal Comrce Guild has developed north of Nuta City. Before winter arrives, all these fields will be sown with wheat.
"However, I am not yet satisfied with this scale of cultivation. I hope you will join my grain investnt firm.
"I can acquire your grain in exchange for shares in the Eternal Grain Investnt Firm, at a price fifty percent higher than the first acquisition proposal.
"But I have an additional condition: your farmlands must use the wheat seed varieties I provide, and you must cultivate the fields according to my specific requirents.
"All grain produced must not be sold privately. It must be handed over to the grain investnt firm for managent..."
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