Chapter 138: The Destruction of the Gad Chamber of Commerce

These low-level enchanted equipment were able to be auctioned off at a 30% premium. In addition to Richard's superior craftsmanship, the most important reason was the competition among the lords of Gadlanmon Mountain.

They couldn't sit idly by and watch their rivals grow bigger, so the only benefit would be to the Fortis Chamber of Commerce, but in the end it would be the Gad Chamber of Commerce that would be hurt.

No matter who gets the low-level enchanted equipment in the final auction, the profits of the Futong Chamber of Commerce will be increased, while those of the Gad Chamber of Commerce will be reduced.

Therefore, the Gad Chamber of Commerce is inevitably heading towards death step by step.

This is what Fast figured out after returning to his residence.

And Miles's purpose in bidding for low-level enchanted equipment today may not be simple.

As the president of the Gad Chamber of Commerce, he can naturally mobilize the funds of the Gad Chamber of Commerce, and he can also use various means to keep the low-level enchanted equipment auctioned by the Gad Chamber of Commerce in his own hands.

For example, if he signed a long-term contract with the Gad Chamber of Commerce in the name of his subordinates to rent low-level enchanted equipment, then after the Gad Chamber of Commerce collapsed, who would remember these low-level enchanted equipment?

Although these things will eventually fall into the hands of all investors, it is not known how many years it will be before the equipment is even available!

Thinking of this, Fast suddenly had the idea of ​​withdrawing from the Gad Chamber of Commerce.

If they withdraw now, they won’t be able to get back the funds that the Gad Chamber of Commerce originally used to help build the territory, but at least it was spent on their own territory.

If this continues, the Gadlanmonshan territory may not be built yet and the Gad Chamber of Commerce will be gone.

Considering Miles' power, Fast contacted several investors of the Gad Chamber of Commerce and put pressure on Miles to withdraw from the Gad Chamber of Commerce.

What Fast didn't expect was that he didn't really wrong Miles. In fact, Miles was even more ruthless than he imagined. He had already taken away most of the funds of the Gad Chamber of Commerce through various means.

Although these funds need to be returned to the investors, the person who cashes out is the president of the Chamber of Commerce, which means that Miles only needs to pay a small amount of interest to borrow a large amount of gold coins from many lords.

Subsequently, the Gad Chamber of Commerce filed for bankruptcy in Tunan City.

Miles obtained a large amount of gold coins in low-interest loans. The lords who withdrew early lost a small amount of gold coins but also gained territory for construction.

Only people like Fast suffered the heaviest losses, and the gold coins they invested could not be recovered for the time being.

"Myles, I'll fuck your mother."

Fast couldn't help but swear. He originally thought that Miles would show some mercy, but he didn't expect him to be so shameless.

Richard and Margaret were also shocked to hear the news of the dissolution of the Gad Chamber of Commerce.

“I didn’t expect that the Gad Chamber of Commerce, which the lords united to spend 500,000 gold coins on, would be disbanded overnight.”

Richard felt a little emotional. If he could spend this 500,000 on himself, he would be armed to the teeth.

Margaret was slightly better than Richard. She had been accustomed to the intrigues among the nobles since she was a child, and was no stranger to Miles's tricks.

"This is the drawback of the nobility. Even our Jones family cannot avoid the existence of people like Miles."

"However, fortunately, we have elders who supervise us, the children of the family. Most of them are respected elders in the family, and they supervise each other, so the Futong Chamber of Commerce has been able to grow step by step to its current stage."

Richard nodded. Without supervision, the Chamber of Commerce would be like food placed in front of rats for the profit-seeking nobles.

Relatively speaking, the Jones family's system is slightly better.

"Although the Gad Chamber of Commerce has been destroyed, the auction of our low-level enchanted equipment will not be affected by them."

Margaret reassured Richard. The low-level enchanted equipment made by Richard had become the most profitable project under Margaret's name.

As long as Richard's supply of low-level enchanted equipment continues, Margaret is confident that she will surpass Helena in the Chamber of Commerce.

"That's natural, but I've also seen the shortcomings of the Chamber of Commerce."

During this period, Richard also helped Margaret calculate many of the Fortis Chamber of Commerce's accounts and discovered many problems with the Fortis Chamber of Commerce.

Due to the requirements of the Jeff Kingdom, the transportation channels of the Futong Chamber of Commerce often need to assist the military in transporting large quantities of supplies when transporting goods, but the price offered by the military is the lowest on the market.

However, the Futong Chamber of Commerce needs the endorsement of the army to gain a foothold in the Kingdom of Jeff.

In addition to this, the supervisor system of the Futong Chamber of Commerce also caused a lack of communication between different supervisors of the Chamber of Commerce. Sometimes, goods that had obviously been reduced in price were still being shipped to the town of Tiet, causing a pile-up of goods.

Richard noticed this keenly and explained it to Margaret bit by bit.

The Futong Chamber of Commerce lacks a leader above the supervisor. The branch in Tunan City can only provide supervision and personnel transfers, and will not actively manage the operations of the Chamber of Commerce.

Therefore, when faced with some decisions, Fortis Chamber of Commerce completely relies on the will of its supervisor. This approach is naturally very safe, but it also loses a lot of opportunities.

"Margaret, I wonder if you have ever thought about setting up your own chamber of commerce."

"Establish your own chamber of commerce?"

Margaret had never really thought about it. In her eyes, the Futong Chamber of Commerce was already large enough. Although it was not a top chamber of commerce in the Jeff Kingdom, it was also an evergreen among the second-rate chambers of commerce, with assets exceeding one billion gold coins.

"It's difficult! I don't have any gold coins or channels now."

Margaret thought carefully about Richard's suggestion and found it unlikely.

"That's right, but don't I have you behind me?"

Richard did not do it on impulse, but had seriously considered it.

I am now a level five wizard and not far from a level six wizard. When I return to the wizarding world, I will definitely have to build my own power.

Richard is not good at business and doesn't want to spend time on business. Instead of letting others help him manage it, he prefers to leave it to Margaret.

Margaret has a good talent for business and is also Richard's closest person, so Richard feels very confident in letting her manage the business.

And behind Richard, there is also a tiger god dimension.

You can establish a plane space channel to travel between the Tiger God plane and the wizard world. There are many magical beasts and magic potions in the Tiger God plane, which can be used as start-up capital for the Chamber of Commerce.

"I will find a way to provide you with funds, and this is just a temporary proposal. You also need to think carefully about whether you really like doing these things."

With less than two years until her return to the wizarding world, Margaret still had plenty of time to think.

Richard also needs to solve the problems of Lord Ou Yun and the Elf Tree before establishing the plane space channel.

Otherwise, the power of his wizard world would not be able to gain a foothold in the Tiger God plane.