I was the Founding Father of the United States

Chapter 128 Fairy Tales

Chapter 128 Fairy Tales

How to solve the problem of difficult manual deseeding of short-staple cotton?

Of course, you should use a cotton gin!

Chen Wenbin knew the answer, but he didn't intend to say it. He hadn't yet established a foothold in western North America and had to be wary of someone stealing his credit.

So he shook his head and said, "We can first plant island long-staple cotton along the coast, and then improve the cotton varieties—the market demand for cotton is so large, there will always be a way to solve these problems."

Old Da Costa realized that Chen Wenbin didn't want to tell the truth, so he stopped asking and instead brought up the details of the bank's preparations.

For example, the bank's name, how it issues banknotes, whether it should open branches in London, North America, and South America, and how bank drafts should be discounted and redeemed, etc.

This was Chen Wenbin's first in-depth understanding of how banks operated in this era.

Contrary to his expectations, in addition to the Bank of England, which acts as the lender of last resort, Britain now has burgeoning private banks and country banks.

Examples include Barings Bank, founded in 1762; Smith Payne Bank, established in 1758; and Cousins ​​Bank, which served royalty and nobility.

These banks typically operate only in fixed regions or serve a relatively fixed customer base, but regardless of the former or the latter, they can directly issue banknotes and convertible notes without any restrictions.

Although these bank notes circulated only among a small number of merchants, their value could be accepted by more people as long as they had a strong reputation.

In theory, Chen Wenbin could also use his credit to attract deposits from businessmen and issue banknotes in Britain.

However, limited by the efficiency of monetary circulation in this era, the money multiplier it can generate is not high, and a minimum of 20% must be reserved.

Up to 30% of the margin requirements are for precious metals and government bonds.

If you only earn interest spreads, banking isn't a very good business, but Chen Wenbin needs a bank as a financing platform and a tool for issuing paper money in order to control the economy of western North America as much as possible.

Moreover, he planned to invent and promote the telegraph and railways before and after the War of Independence. With the telegraph and railways, his banking and trade networks could extend into every town in the West along the telegraph lines and railways—at that time, he would not only own a simple conglomerate, but a Western empire!

It wasn't until it was completely dark that old da Costa reluctantly took his leave. After seeing him off, Chen Wenbin and Robert returned to the living room.

As soon as he sat down on the sofa, Robert looked at his son-in-law and shook his head, reminding him: "—Robin, the Parliament has just passed a law banning North American paper money. The King and Parliament are unlikely to agree to your American Bank issuing banknotes in North America."

Also, old man Da Costa, you need to be careful. That old fellow is a very shrewd banker; you can't let his men completely control the bank!

"I see."

Chen Wenbin nodded. Even without Robert's reminder, he would have been wary of these Jews.

Britain, France, Russia, Germany, and later the United States, were all gradually eroded and controlled by these people. With so many precedents, how could he dare to be careless?

Seeing that he had taken it to heart, Robert didn't say anything more. Diana had already gone upstairs to rest, leaving only the two of them in the living room. He tentatively asked, "By the way, Robin, about that Catherine—you didn't get her pregnant, did you?"

well————

Chen Wenbin stammered.

"—Damn it!"

Seeing his son-in-law's expression, Robert knew he had guessed correctly. He muttered a curse under his breath, stood up to go upstairs, and before Chen Wenbin could even breathe a sigh of relief, turned back and said coldly, "Explain it to Diana yourself! I'm leaving first thing tomorrow morning!"

After saying that, the old man finally went upstairs in a huff.

Chen Wenbin breathed a sigh of relief. After waiting a while and confirming that Robert had gone back to his room to rest, he went upstairs and knocked on Diana's door. He first pushed the troublesome Betty out to get rid of her, then hugged his wife and laughed, "My dear sweetheart, let me see if you've gotten bigger—"

Diana looked down and said, "It is indeed a bit swollen," then smiled and pulled her husband into the bedroom.

Half an hour later, Chen Wenbin embraced Diana, whose blonde hair was slightly disheveled, and they enjoyed a peaceful moment under the moonlight.

"----Honey."

Diana suddenly looked up at her man.

"Hmm? What's wrong?" Chen Wenbin lowered his head and kissed her. "Are you feeling unwell?"

Diana shook her head slightly, then hesitated for a moment before saying, "—why don't you want to go see Mary next door? She's missed you a lot these past two months."

Chen Wenbin thought for a moment, then shook his head and said, "—Never mind, she's probably asleep already. I'll go over first thing tomorrow morning!"

After saying that, he pinched his wife's nose and said, "Don't always think of others first—we're husband and wife!"

"You even know that?"

Diana rolled her eyes at the man, but seeing his stunningly handsome face, she instantly lost her temper. So she simply turned away and huffed, "Catherine just told me everything—you're such a jerk!"

Knowing his wife wasn't angry in this state, Chen Wenbin simply hugged her from behind and admitted, "That's right! I am indeed a bastard, but I never sleep with random women!"

God is my witness! During my two months in France, I didn't let a single French lady get close to me!

"What's wrong with Tina?" Diana suddenly turned around and stared at him as she asked.

"—That was an accident!"

Chen Wenbin explained helplessly, "Catherine is pregnant too. You know very well that I have a condition; I can't live without women, so—"

"So you brought back another French woman?"

'

Chen Wenbin blinked innocently and did not continue to argue.

He knew that a man's explanation to a woman should never exceed three sentences, otherwise it would only backfire. Moreover, Diana was aware of his situation, and the two had made an agreement beforehand.

He wouldn't go out and have affairs with random women, and he would leave most of his wealth to Diana's children, but Diana had to allow him to have lovers and illegitimate children.

The reason is simple: his family had been hunted down by the Manchus until he was the only one left, so he had to do everything he could to expand his family line and continue the bloodline.

In Europe, where infant mortality rates are extremely high, his request wasn't unreasonable. While his allicin could treat whooping cough and dysentery, it couldn't cure common infant illnesses like smallpox, measles, pneumonia, diphtheria, and scarlet fever. "—Alas!"

Sure enough, Diana sighed and then turned to say, "Let Catherine stay next door with Mary tomorrow!"

And what about Tina? What are you going to do with her? My dad won't let her stay."

Chen Wenbin scratched his head and said, "—Robert knows too, he said he'll leave tomorrow."

Diana paused for a moment, then slowly nodded. "————That's fine too."

Seeing this, Chen Wenbin quickly comforted him, "Darling, I'll be with you in London for the next three months. Robert lives in London and can come see you anytime, so don't worry, Robert and I love you just as much!"

Sensing that the man cared about her feelings, Diana curled her lips slightly and scoffed, "I'm not some fragile Snow White—you haven't told me a fairy tale in two months!"

I need you to tell me a new story every week so I can tell it to the children, understand? My dear Dr. Robin!

Chen Wenbin took her hand, kissed it, and said with a smile, "Yes, Your Highness!"