1850 American Gold Tycoon

Chapter 29 Open Source

California's first bank was born amidst the blast of firecrackers.

In order to celebrate this grand event, Liang Yao even found a few old Guangxi lion dancers who can dance lions to celebrate.

Americans have never seen a lion dance, and they are full of curiosity about this new thing. Many miners even put down their work and came to the bank building in the center of Sacramento to watch this new thing and applaud the lion dancer.

After the lion dance, Liang Yao wrote an inscription for the bank in both Chinese and English.

"Unveiling!"

After finishing the inscription, Liang Yao lifted the red cloth covering the plaque with his own hands, revealing the four bold and powerful characters of Bank of China, and the English name of the bank below.

Liang Yao has a very good reputation in Sacramento, and some individual gold diggers also feel that carrying gold with them will easily lead to unwarranted disasters, so they try to deposit gold in the Bank of China.

It's just that the bank is starting up, and people's confidence in the new bank is not very high.Many people deposit gold in the bank on the first day, and exchange it with gold coupons on the second day.

This made Jones' blood pressure soar.

"This is simply a waste of our manpower!"

The bank had just been established for two days, and Jones, like a deflated ball, came to complain to Liang Yao with his head downcast.

"Two days! We only absorbed 2881 ounces of gold, many of which were stored by private gold diggers. Our goal is to absorb gold from gold mining companies.

At present, only the Georgia Company has deposited 300 ounces of gold in our bank, and the Boston Company has deposited 400 ounces of gold in our bank. "

This result was also within Liang Yao's expectation. Banks in the United States are not backed by the government and are responsible for their own profits and losses. Once the bank goes bankrupt, the depositor's funds will be wiped out in an instant, and they will become paupers with nothing overnight.Therefore, the public will be more cautious in choosing a cooperative bank.

The Bank of China has just been established, and it is understandable that gold mining companies and gold diggers have limited trust in Bank of China.

"For a newly established bank, this is already a good result." Liang Yao patted Jones with words of encouragement.

"But this is California." Jones said something Liang Yao often said.

As Liang Yao said, any bank in the eastern region can absorb 2881 ounces of gold within two days, which is absolutely explosive news.

But in California, the value of gold is far less than in the eastern states.

"The gold rush companies are unwilling to store gold with us because they have insufficient confidence in us. You are the president of the Bank of China. Tell me what you have in mind."

"Increase the interest rate? Maybe raising the interest rate a little bit can attract more gold mining companies to store gold with us."

"This is a way, but it is not a good way. Raising interest rates can only treat the symptoms but not the root cause."

"If I had an idea, I wouldn't come to you." Jones spread his hands helplessly, saying that he couldn't think of any other good way.

"Strauss, do you have any good ideas?"

Liang Yao looked at Yipan's new assistant, Strauss.

Strauss thought for a while and said: "The best way to make the gold rush companies have confidence in us is to let them know our strength and show that we have enough gold reserves."

"Very well, go on."

"Counting the gold absorbed in the past two days, you still have nearly [-] ounces of gold in stock. We can make a fuss about this, smuggling the gold to the mine in the middle of the night when no one is around, and then swaggeringly transporting it to the mine during the day." The gold is shipped back to the bank.

Of course, to show that we have more gold, we can put rocks underneath and put the gold on top, intentionally for them to see.As for the safety of gold, you don't have to worry, I believe no one in Sacramento will dare to think of you. "

"Very well, let's do this." Liang Yao approved of Strauss' idea.

Sartre brought more than [-] kilograms of iron materials to Liang Yao with more than [-] guards.

In order to compete with Brannan on price, Liang Yao shipped all the gold panning tools in stock to San Francisco for sale. The fleet that Sven went to Mexico to purchase supplies did not come back so soon, so he bought some iron materials from Sutter to make tools. emergency.

"Just this little iron? I remember you still have a lot of iron."

The iron material that Sartre brought was less than he expected, which somewhat disappointed Liang Yao.

"Yes, I have." Sartre rolled his eyes at Liang Yao, "Those two cannons that saved your life, if they are melted, they can still melt seven to eight hundred kilograms of iron, or I will melt them for you when I go back." Come?"

"This is a mascot, it's better to confess." Liang Yao smiled, looking very unworthy of beating.

"I brought you all the people you want, but in addition to their salary, you have to pay me an extra fee as a reward. I don't want to help you in vain."

"That's natural."

"The high-quality ore near the American River Valley has almost been mined. You said there are still a lot of high-quality ore soil. Where are these ore soil buried?"

Sutter looked at the densely packed tents in the American River Valley, which were the temporary camps for gold diggers. So many people were panning for gold in the American River Valley, where is there any high-quality ore soil nearby?
"It's just under the river, and the ore soil under the river is untouched high-quality ore soil. The gold content of these ore soil must be very high."

Liang Yao pointed to the ever-flowing American River and said.

Liang Yao originally pinned his hope of increasing gold production on mercury, but he hasn't found mercury yet.

Since it is impossible to improve the gold panning technology, we can only start with the ore soil at the source. The high-quality ore soil and the low-quality ore soil are very different in terms of gold content and extraction difficulty.

"You want to divert the American River?" Sartre turned his gaze to the fast-flowing American River, exclaimed, "My God, your idea is so crazy, this is a huge project that requires a lot of manpower !"

"It's not crazy at all. I have asked the engineer to calculate that the width of this section of the American River is 18 meters, the depth is 9 meters, and the runoff is about 130 cubic meters. Although the water flow is relatively fast, this is not a big river. "

Sartre hadn't seen many big rivers. In his eyes, the American River in front of him was already a big river.

However, in the eyes of the well-informed Liang Yao, the American River is just a small river, and the tributaries of many major rivers are wider, deeper, and more turbulent than the American River.

Building a dam on the American River and diverting it would not be impossible with his present manpower.

As long as the American River is successfully diverted, he can mine the ore soil under the river bed, which is enough for him to mine for two to three months, or even longer.

"What about people? At least a hundred people are needed to start this huge project."

"Release some manpower from my mine, and the Boston company has expressed interest in the project, and they would like to be able to join.

There is also an old miners organization. Their leader is James Allen. He is very familiar with the hydrological conditions of the American River, and he is willing to join in. Counting the more than twenty guards you brought, we now have two hundred and eight More than ten people are enough to start the project. "

Liang Yao originally planned to shut down the mine directly and gather more manpower to build the dam, but the mine had to be used as a show for the bank, so he could only transfer some people from the mine, leaving some people to continue panning for gold, as a show for the surroundings The miners in the mine look.

"Then what about your mining area? If the people in the mining area are drawn out, the gold production in the mining area will definitely drop significantly." Sartre said worriedly.

Liang Yao borrowed 1500 ounces of gold from him. He knew that Liang Yao was in a price war with Brannan and was losing money almost every day. He was worried that Liang Yao would not be able to pay the interest in time, and even the principal would be in danger.

"The old mining area only produces about 200 ounces of gold every day, which is something that teeny Liwok doesn't like."

"200 ounces of gold is a small profit for you? Your appetite is getting bigger and bigger."

　Special thanks to Wenjun He Nenger Xinyuan Zibiao for his rewards, and congratulations Wen Jun He Neng Er Xinyuan Zibiao for becoming the first rudder master of this book!Add more for you tonight!

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(End of this chapter)