Volume 1 Chapter 128 (1/2)

Security deposit

This time the Lampuri Kingdom’s royal family suddenly announced that they would hold a public auction for two iron mines near Banta City, it quickly attracted the attention of all the powerful companies in the kingdom.

After confirming that this information was true, the companies gathered in Banta City to participate in this auction were some of the largest companies in the kingdom.

Everyone was clear that this was a very good chance.

This was because before this, all the iron mines in the Lampuri Kingdom were owned by the Jole Family and others couldn’t stick their hand in at all.

But now the king was holding a public auction for these two iron mines. There was no doubt that this meant the attitude the royal family had for the Jole Family had changed and they silently accepted other companies to join the iron ore trade.

As for why the royal family suddenly did this, everyone had different guesses.

The most common guess was that the king finally couldn’t take the Jole Family controlling the iron ore trade in the kingdom and was planning to move against the Jole Family.

The next common guess was one made by people who had some understanding of the kingdom’s finances.

Because the kingdom’s finances have been low in the past few years, even if the king wanted to do something, he would be limited by finances and couldn’t accomplish it.

So being forced into this situation, the king finally decided decided to take out the royal family’s mineral resources to exchange for finances to fund his own plans.

It should be said that this guess was close to the truth and was in the same general field. It was indeed because the king was limited by the kingdom’s finances, so he couldn’t buy the tens of thousands of agricultural magic machines that the kingdom needed, so he wanted to pay with this mine.

But because the contract that between Xu Yi and the agricultural department under the king was a very closely guarded secret, there were very few people who knew about this.

The reason why the Jole Family knew about these two mines was because of their analysis from the king’s actions in the two mines, therefore they asked for a fair bidding for these mines.

As for the role the Frestech Chamber of Commerce played, Seveni promised Xu Yi that the Jole Family shouldn’t know anything, but Xu Yi didn’t dare believe it.

But seeing chairman Fuller Morgan’s expression, Xu Yi was certain. Even if the Jole Family wasn’t completely clear on the facts, they must know that him and the Frestech Chamber of Commerce were involved.

As for how much the Jole Family knew, Xu Yi wasn’t certain.

Thinking about it, Xu Yi directly headed towards chairman Morgan.

Seeing Xu Yi come over, chairman Morgan quickly revealed a smile on his face and raised his glass at Xu Yi, “Hei, dear Xu, for you to appear here today, it really surprises me.”

“Chairman Cruise was saying the same thing earlier.” Xu Yi said with a shrug, “It seems like most people here have the same idea.”

Chairman Fuller smiled, not denying or admitting it at all.

Xu Yi didn’t want to pester him with this question, so he directly said, “Chairman Morgan, your Falcao Chamber of Commerce already controls almost half the iron mines in Banta City. Now that there are two extra, can you just let them go?”

Chairman Morgan rubbed his head of half white hair and said while laughing, “Chairman Xu, is this a joke? Since our Falcao Chamber of Commerce already controls half, why wouldn’t we want to control the rest of the iron mines? Chairman Xu, your Frestech Chamber of Commerce is the exclusive provider of magic machines, so if someone wanted to steal them from you, would you be willing to hand them over?”

“I’m very willing.” Xu Yi said with a nod, “There is only development with competition. Actually I want to create several other companies that deal in magic machines other than our Frestech Chamber of Commerce. If it’s just us, the industry will develop too slowly.”

Chairman Morgan’s face sunk slightly as he said with knit brows, “Chairman Xu, are you serious about this? The reason why your Frestech Chamber of Commerce has this much money is not because of the magic machines, but rather because you’re the only company that produces them. If there were several other companies that also produced the same magic machines, do you think that your company would still earn that much money?”

“There, isn’t there a few over there?” Xu Yi raised his chin and looked at a group of people at the far end of the banquet hall.

Chairman Morgan followed Xu Yi’s gaze before saying with disdain, “Those fellows from Saltan City, they actually want to steal business in our Banta City. They really only know how to seek death.”

That group of people were the representatives of Saltan City’s companies. Among them was a person speaking eloquently, who was the Leo Chamber of Commerce’s chairman Bruno. In the crowd beside him, there was also the Farsak Chamber of Commerce’s chairman that Xu Yi knew very well.

Perhaps they could feel Xu Yi and Morgan’s gaze, but chairman Bruno stopped talking to the people around him and he looked over.

After looking at Xu Yi, there was a cold look that appeared in chairman Bruno’s eyes, but there was still a smile on his face as he even raised the glass of wine in his hand at Xu Yi.

The people around him saw this and they also looked over. Chairman Farsak revealed a sincere smile as he also raised his glass at Xu Yi.

The other people were surprised, they didn’t understand chairman Bruno and chairman Farsak who could raise storms in Saltan City would specially look at this normal looking youth and specially salute him.

If it was said that Xu Yi was a large noble, then the power of the family behind him would be enough to make these two show courtesy. But no matter how they looked at Xu Yi, he didn’t have the special aura of a large noble.

But since chairman Bruno and chairman Farsak both saluted him, naturally the others all revealed smiles as they also saluted Xu Yi.

Xu Yi also raised the glass of wine in his hand as he smiled at them. He said to chairman Morgan, “Since this is a public action held in Banta City by the king and the Mining Union, we don’t have any special advantages over these Saltan City people.”