Chapter 316: Bank run

Ji Wuyin reported to Xue Xu the news that the major city gates in the south were blocked, Ji's mansion was under surveillance, and that someone at the dock was inquiring about whether there had been bulk cargo shipments recently.

Xue Xu snorted and continued to discuss the decoration of the new store with Wu Ren, "We have to hurry up and do it quickly."

They bought four stores, each one next to or opposite Lujia Book Store.

The current situation in the Southland is not right, and some small businessmen are worried. People next to Chen and Lu's two industrial shops felt it more intuitively.

Wu Ren and others went to negotiate with them and gave them a good price. Those who were afraid gave them the store in their hands.

Wu Ren nodded, "Then I'll tentatively decide on the log book style, which is simple and fast."

After deciding on the decoration style of the four stores, Wu Ren was ready to recruit people to complete it as soon as possible.

Ji Wuyin beside him couldn't help it anymore, "Why aren't you in a hurry? Aren't you afraid?"

What's going on with these people in Liaodong County? Xie Zhan obviously wants to close the door and beat the dog. Even though this is the case, they are still thinking about making money. They really want money at the expense of their lives.

Xue Xu took a sip of tea to moisten his throat, and then said, "Is there any use in being anxious?"

If they did nothing, they would have fallen into Xie Zhan's trap.

He just closed the door now, obviously wanting to close the door and beat the dog, bah bah bah, it was like catching a turtle in an urn. Wait, that doesn’t seem right either? Forget it, that’s what it means anyway.

But the current situation in the Southland has reached a critical moment, and it is about to enter the harvest period. No matter how powerful Xie Zhan is, he still has no head and six arms. He had to wait until he was done with his work before he would have time to deal with them.

Besides, if Xie Zhan wants to deal with them, he must find them first.

Xue Xu looked at his friend, "Don't worry about us, worry more about yourself! Now the Gu family and your Ji family are the only ones left in the entire Southland. They have restrained themselves and are not involved." The in-laws of the Gu family are involved. Yes, but the Gu family was restrained by Gu Huaisheng and did not dive in headfirst.

Hearing this, Ji Wuyin looked stern.

Sure enough, not long after Xue Xu said these words, trouble broke out at Ji's Bank.

First, when Zuo Anmin and the Nandi County Sheriff were inspecting Zhu's house, they came to Jiyin Bank to withdraw the money with the silver coins seized from Zhu's house.

The Zhu family has a total of about 300,000 taels of silver in Ji's bank.

Young Master Ji opened the warehouse, moved out 300,000 taels, and asked them to carry it away.

Then came the Chen family. Currently, the Chen family and the Lu family were already at loggerheads, and both families were in a stalemate where neither could do anything about the other.

At this time, the Chen family came directly to the bank to withdraw the 300,000 taels that had been there before, and continued to engage in the battle against the Lu family.

Immediately afterwards, the Lu family seemed not to be outdone and came to take away 500,000 taels.

After the three families withdrew the money, vague rumors began to leak out in the Southland, saying that Ji's bank had failed in its overseas investment, and another 1.5 million taels of cash had been withdrawn in a short period of time. Ji's bank had no money.

As soon as this data was revealed, the public was shocked. Those who save money in Ji's Bank are all small and medium-sized wealthy households and small and medium-sized businessmen. They are beginning to worry about the money they deposit in the bank.

Young Master Ji of Ji's Bank personally came out to refute the rumors, saying that there was no fact that Ji's firm's investments outside the bank had failed. In addition, the bank had enough money, so that everyone did not have to worry about their bank's financial problems.

The people were doubtful, but there were still timid people who planned to withdraw the money stored in Ji's Bank.

At this time, the Liu and Zhang families came in a hurry to withdraw a total of 500,000 taels of silver that they had deposited in the bank.

Only the Gu family didn't move.

Gu Huaisheng has always been wary of Xie Zhan.

He was one of the people who didn't want chaos in the Southland.

As vested interests, his Gu family is now in a reshuffle of forces in the South. If they get involved, they may not be able to maintain their number one position when they come out.

The Gu family did not interfere with Ji's Bank, but under the influence of public opinion, people's panic was aroused, which in turn triggered a run on Ji's Bank.

After all, five of the six major families withdrew their money from Ji's Bank. No matter what the reason for withdrawing the money, it can be understood as distrust of Ji's Bank.

Therefore, although Mr. Ji came forward to refute the rumors, the effect was not good.

Just when Ji Wuyin was thinking about whether he should step in to calm the situation in person.

Wu Ren, who was busy, stopped him, "How can you kill a chicken with a sledgehammer? You have always been the signature and backbone of your Ji's firm. Although you can control the situation when you come forward, you can also be misunderstood easily, which may trigger another incident." This kind of panic makes uninformed people think that the problems of Ji’s Bank are serious.”

If he needs to come forward, it will prove that the Ji family has indeed encountered a big crisis.

Ji Wuyin's expression changed when he heard this. It's true that the authorities are confused, and caring makes people confused.

To solve the problem of people's panic, Wu Ren suggested to him, "Just ask someone to carry more than a dozen boxes of copper coins and put them in the bank lobby. It will be more effective than anything else."

Xue Xu nodded, "This is a good method. It is simple and crude, but it also best reflects the strength of your Ji's Bank."

After saying that, he glanced at Ji Wuyin with disgust, "When did you fall into the trap of being a scholar? It was not like this when you first started doing business."

Ji Wuyin slapped his head, that's right, he has been doing this business for a long time, his status has risen, and his thoughts have become rigid. This method is most effective for ordinary people. He had already thought of it before.

"Your name is Wu Ren? You have such a flexible mind." Ji Wuyin's eyes fell on Wu Ren.

Xue Xu knew what he was thinking at a glance, "Don't try to hit him. But it's useless, he is the apprentice of Madam Qin Liu."

Wu Ren smiled foolishly.

Lv Songli's apprentice? Ji Wuyin looked regretful.

"Then again, the public opinion in your southern land is controlled by others, you are too passive." Xue Xu said with disdain.

Ji Wuyin:...

He was so wronged, and he complained in his heart that you people who play politics have dirty hearts. He is just a businessman and can't do anything.

The next day, Ji's Bank really did what Wu Ren said.

When countless people lined up to withdraw money, the middle of the lobby was directly emptied. Then twenty or thirty men wearing the uniforms of Ji's Bank came in with heavy boxes.

These boxes were piled in the middle of the lobby, and then opened one by one. The boxes were full of gold, silver and copper coins, which was shocking.

This move eased the run on Ji's bank.

This situation was reported to Xie Zhan immediately.

Xie Zhan sighed in his heart. Ji Wuyin was indeed the richest man in the South. He was really hard to deal with.

According to his estimate, the cash in Ji's bank was about three million taels. The cash currently piled in the middle of the lobby of Ji's bank was probably the cash they could use at present.

It was a pity that the South was already in such a mess, but the Gu family still stood firm. Otherwise, the Gu family could directly withdraw all the cash from Ji's bank.

"Ji's bank is just a spent force. Continue to launch the follow-up plan."

The two sides had reached this point in the game, and they could only fight again.