Ore

Mineral ore was one of the chief raw material exports of City of Neverwinter from the North Slope Mountain

## Historical economics

Previously, Longsong Stronghold, businessmen, and nobility would purchase the ore at a low price and then sell higher to neighboring towns, thereby keeping Border Town impecunious for years. However, when Chen takes over, he starts revamping the economy and trading directly with neighboring estates like Willow Town instead of going through middlemen.

Petrov blankly nodded, but his heart sank, the prince moved faster than he had expected. If the prince had begun to contact those towns and cities downstream, the bargaining chips in his own hands lost value. He originally intended to acquire the ore for 30 percent lower than the normal price, so that he would still earn something. Not to mention, after the stones were turned into polished jewelry, the price of luxury goods were several times higher. Unfortunately, this was not a monopoly, nor was it only his family who had the final say. Participating in the mining project in Border Town were six noble families. If they lacked majority consent, then there would be no resolution.

## Petrov family former monopoly

Petrov fears losing his family's monopoly over the ore. So he tries to convince Roland to continue doing business with Longsong Stronghold by offering a better price.

“But…”

“There is no ‘but’, however,” Roland immediately interrupted him, “they are willing to buy the ore with gold royals, and at the same time they sell wheat, cheese, bread, honey and more at market price… which we can buy with the royals we got from the former transaction. But,Mr. Ambassador, even if you are willing to lend us a month of food, would the other five factions agree with your decision? As far as I know, it isn’t even easy for Duke Ryan to reach an agreement with the other families.”

Petrov kept silent, the 4th prince had put it right. Not just the remaining five, he even feared his own father wouldn’t agree. If they wanted to maintain the monopoly, it would be necessary to modify the trading scheme, but he did not know how he could have the last word. He was called an ambassador, but in reality, he was just the spokesperson. Perhaps the Duke did not want someone to come to any private agreements with Border Town, right? Whether it was during the time of the former governor or now with the 4th prince, he assigned a different candidate every season, and these people were never the rulers of their families.

“As for the ore sales, starting next year, I will be willing to reduce the price by half, sir, but we will not only sell to Longsong Stronghold, because you don’t really need that much ore. I think compared to the low profits of ore, you would prefer some more metal products, such as spades, shovels and the like.” Here again he paused, waiting until it seemed like Petrov understood the meaning of his words,” As for rough gems, we will sell them in the form of an auction, the businessman with the highest bid will be able to buy them. I would prefer to polish the stones myself, but unfortunately in the current Border Town there is no one with such an ability. “

## References

1. ↑ Chapter 17 (novel)
2. ↑ Chapter 18 (novel)