Chapter 126 (1)

Name：The Founder of the Great Financial Family Author：
+ - Turn off Reset
Chapter 126 (1)

Black Label Union #3(4)

"Hmm..."

The chancellor's silence continued for a while.

During his deep thoughts, Rockefeller spoke up.

"That's an excellent condition. I don't see any reason why you, Chancellor, would refuse?"

"The one thing that bothers me are the bankers belonging to the Union. If I grant the monopoly of the bank business to the Lyon Guild alone, there will undoubtedly be backlash from the Union side."

Rockefeller smiled faintly.

"I'm curious as to why you're concerned about that. Can't you, as the chancellor, exercise your discretion to grant a monopoly to a specific faction?"

"Well, that's true, but..."

"The reason we're offering such a generous deal is solely to obtain the monopoly of the bank business. You won't find a lower loan interest rate of 3% anywhere else."

"I'm not unaware of that."

"You'll probably come to the same conclusion after more thought."

As Rockefeller spoke with certainty, the chancellor's inner conflict deepened.

'Granting a monopoly to one side means completely severing the previous relationship with the Union.'

"Will I experience any shortcomings if I work with the Lyon Guild?"

Rockefeller's smile remained unchanged.

"We're not lacking in any way. Would you, Chancellor, be inconvenienced by dealing exclusively with us? After all, our business is merely lending money and getting it back with interest."

Until they're proven wrong.

'Once the Union is dead and we're the only ones left, we'll have to lower the 3% interest rate even more.'

"Alright. Let's do that. Since we now have the monopoly of the bank business, you, Chancellor, should prevent other bankers from doing business in the Black Label who are not affiliated with our Guild. Since they don't have a monopoly, it would be illegal, wouldn't it?"

Although it wasn't exactly what he wanted, the chancellor agreed without any objections, as he himself had led to this situation.

"I was planning to do that anyway."

After finishing the conversation with the chancellor, Rockefeller left the chancellor's office with his secretary, Ellis.

"Do you think the Union will propose a lower interest rate?"

As Ellis asked, Rockefeller nodded affirmatively.

"Since the monopoly is at stake, they probably will."

"Isn't that bad for us? If they propose a lower interest rate, we won't be able to do business here, right?"

To that, Rockefeller answered without any worry.

"That won't happen. They don't have the financial power to do that anyway."

Rockefeller continued.

"Although the chancellor's debt is quite solid, its scale is so large that it's impossible to tackle it with mediocre financial strength. While they clumsily lower their interest rates, we'll secure enough financial power and deliver a fatal blow to them."

What could that fatal blow be?

Ellis wondered but decided not to ask at this moment.

Read ahead by supporting me on Ko-fi. Access 5 advance chapters with the Imperial Dalants Tier ($10) or 10 advance chapters with Dwarven Sovereigns Tier ($18) or 20 advance chapters with Goblin Dollars ($35). For every $25 collected on Ko-fi, I will release an extra chapter. Choose your tier by clicking the 'Support me' button! Rate and review this novel on NU to help people find this novel. Happy reading!