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Post by SouthWestern Traders on Jan 26, 2016 21:40:40 GMT
Following a much-successful auction in the spring, it was time for the Southern Traders to follow up on owed debts and returns on investment.
Beyond the usual machinations of the guild, Aethor and the guild occasionally provided smaller loans or investments to people. Some of them were total losses, of course, but others did eventually give a nice boost to the guild's revenue. Some of those debts were recent - from the auction last spring - and others older - with a neat little interest rate to play into it. Barring those pardoned by the realm's courts, the Guild felt confident in its debt collection.
It also happened to be spread out enough to cause little concern to rulers - no single debt would be so large that it would destroy a realm, no collected investment so big that it would ruin a profitable venture. No decree to worry people. Just simple advocacy by the Southern Trader's courtiers and guilders throughout the realms, reminding people of their debts and collecting on them, both new and old, to fill up the coffers after what could only be termed a rough spring.
Naturally, anyone who so desired could potentially acquire a loan from the Guild during this time period, as they were already in the mindset of collecting. Whether the Guild would have enough to sponsor a larger realm, however, remained a question to be answered on a case-by-case basis.
To those who realized it, they could easily put off their debts with an appropriate "bribe" (if one could call paying off a debt a bribe...) - after all, a merchant's true love would always be wealth itself.
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Post by SouthWestern Traders on Feb 23, 2016 16:52:15 GMT
The unfortunate consequence of taking bribes was more creditors collecting debts for themselves than for the guild - and more loans being handed out than should have been.
It was of little concern to the guild as a whole - after all, someone was making a profit - but the guild's courtly bureaucracy certainly didn't appreciate that people didn't have as much debt, or weren't paying as much of it, as they had previously expected them to.
Harsh times lay ahead for all in Southern Albion, when the guild would not itself have the wealth to fund peace and prosperity.
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Post by Aethor of Helna (ST) on Sept 3, 2016 21:11:33 GMT
Once more, the Guild pursued debts owed to it. Noticeably, the Guild steered clear of pursuing such debts in Alined.
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