Chapter 1166 Reinforcements (Part 2)

Chapter 1166 Reinforcements (Part 2)

Francis Baring walked all the way to the door of the VIP room, took a deep breath and knocked on the door.

"Come in."

Earl Peter stood in front of the window in a suit, looking at the internal information of Barings Bank with a serious face.

These materials were naturally deliberately put in by Francis Baring. After all, what you hear is not what you see, and nothing is easier to believe than the truth you discover with your own hands.

Although he can cause stock market fluctuations with just a jog, he still needs to think about it if he wants to really affect the decision-making of the highest power in a country.

"Hello, Prime Minister. It is my honor to have you here."

"Hello, Mr. Baring. Thank you very much for taking the time out of your busy schedule."

Earl Derby stretched out his hand and looked very friendly. After a simple greeting.

"I know you are very busy, so I won't beat around the bush with you. What do you think of Egypt's Suez Canal plan?"

The Baring family has its own channels, and Francis Baring is naturally aware of the ins and outs of the Suez Canal plan. Even before all this, Egypt had sent someone to invite him. He just hesitated for a moment and said.

"This is an opportunity and a challenge for Britain. If the government needs financing, our Barings Bank is willing to underwrite this bond."

Francis Baring was interrupted by the Earl of Derby before he finished speaking.

"Mr. Baring, I think you should know that we are in a difficult time in Britain at this time, and the country's money should be invested in more needed places."

"Sorry, Prime Minister. The economic situation is not good, and our Barings Bank does not plan to make additional investments now."

Francis Baring is also an old fox. How could he not understand what the Earl of Derby said, but he did not want to get involved. After all, staying out of it is the safest.

"Are you pessimistic about the future of the Suez Canal, or do you have no confidence in your own strength?"

The Earl of Derby's provocation was too obvious, and Francis Baring just shrugged.

The latter was not pessimistic about the future of the Suez Canal, nor was he unconfident in himself, but as a businessman, he simply did not have an optimistic view of its rate of return.

Although Britain is experiencing an economic crisis at this time, it is also Britain's golden age. As long as the crisis is over, there will be business opportunities everywhere.

The return cycle of a project like the Suez Canal is too long, and there are many uncertainties in the sensitive location. Investors like Francis Baring do not intend to wade into this muddy water.

"I'm sorry, I can't help you."

The Earl of Derby was not angry, he just chatted with Francis Baring calmly.

"I heard you have a younger brother? Thomas Baring? He has always wanted to go into politics and will graduate from Cambridge University in a year.

Thomas is also my junior. If he can help solve this crisis, he will be qualified to join the Tory Party and can increase his political capital with this matter.

Perhaps Thomas can become the Governor-General of India in the future. As for my position, it depends on his ability."

Francis Baring stood up and said after thinking for a while.

"It is the responsibility of us citizens to share the country's worries. I will convene shareholders to discuss this matter as soon as possible, and I will give you a satisfactory answer within a week."

"Very good, the British Empire will not forget your contribution. And there is no need to be so pessimistic. Holding the Suez Canal is also good for you, isn't it?"

Francis Baring smiled and nodded.

Earl Derby drank a cup of tea, nodded with satisfaction, and prepared to get up and leave.

"Will you stay a little longer?"

"No, my secretary will give you the relevant information later."

Earl Derby's next stop is Rothschild Manor.

The sky of London is always covered with a layer of haze, and the whole city is also in a gray.

However, what comes into view when the car window is opened is a gilded gate with an exquisite and complex family emblem on it.

This is the proof of the Rothschild family's nobility. Behind the railings on both sides of the gate are neatly trimmed lawns and flowers, and on both sides of the road inside the manor are two rows of symmetrically distributed oak trees.

Next to the sparkling artificial lake is a courtyard built with white marble. The whole manor is like a colorful scroll and is out of tune with the city of London.

Lionel Rothschild actually knew the purpose of the Earl of Derby. The economic crisis in Britain at this time was actually nothing to these real big bankers. On the contrary, they could still profit from it.

But 1848 was a major blow to the Rothschild family. The war between the Austrians and the Germans completely changed the European situation.

Lionel's uncle Solomon Rothschild's life and death are unknown, and the other two uncles were also involved in the German Civil War and will be exiled to the other side of the world - Patagonia.

Actually, this is not so bad. What really makes Lionel angry is that the wealth of the three branches has been divided up by the local government.

And there are too many "murderers" and they are too powerful, so he dare not even speak out. How can he be willing to lose the wealth accumulated by generations?

In addition to wealth, there are also connections and reputation, as well as sources of intelligence. These losses cannot be measured by money at all.

At this time, Lionel finally began to understand why the Baring family, which is rich enough to rival a country, wants their children to go into politics, and why his father used a huge amount of money to get himself a seat in the House of Commons.

(Lionel Rothschild is the first Jewish MP in the UK.)

In history, countless financial families have been prominent for a time, but when those so-called kings and governments really stretched their claws to them, they were so powerless.

"Hello, my dear Lionel!"

Earl Derby was very cordial after meeting, and Lionel also stood up to greet him. The two hugged each other like old friends who had not seen each other for many years.

"Mr. Lionel, I actually came here to ask you about your opinion on the Suez Canal."

Lionel knew that the main show was coming, and he did not dare to neglect and quickly told the speech he had prepared.

The report summarized by the Rothschild family's royal analyst was even more complete and accurate than the report in Earl Derby's hand.

"Senator Lionel, you are a genius in this area. But what I want is not analysis, but opinion."

"Important, very important. After the Suez Canal is opened, the voyage from India and the Far East to the UK will be shortened by 43 to 56%.

But it is more important for the countries along the Mediterranean coast, which will reduce the voyage by at least 40%.

And this also means that some European countries may skip us and trade directly with the Far East. If this continues, it will inevitably shake our position at sea."

Give some points to those who have monthly tickets, and get a reward.