The Annals of the Flame Kingdom (WN)

Knights of the Kingsguard of the Kingdom of Flame.

On the military side of the kingdom of Flame, the strongest sword to serve His Majesty the closest of kings and to use His Majesty as a shield to protect His Majesty from all external enemies, slaughtering a man who is an enemy to His Majesty. Such their headquarters are given wide space in the corner of the Royal Castle of Larchia. Commander, there is, of course, an aspect of the Vice-Commissioner's quarters that, in some ways, cannot be helped by being 'treated specially', beyond the fact that each knight to whom he belongs is noble, even a special army in the kingdom of Flame.

Naturally, "Kingsguard" is also indispensable for daily training beyond being an army... it is pre-built. In fact, anyway, this one was also given extravagant equipment that did not match the number of people it belonged to and their 'proficiency', which is unusable except for the Kingsguard, beyond the fact that all of its knights were dominated armies by the privileged class they called aristocracy.

……

Two men were now confronting such a Kingsguard 'training ground'. Both have a single wooden sword with equal conditions and a peek at the practice game. However, there was a look on my face that seemed to reveal a difference in experience and strength that would not even be 'practice'.

"What's up? Don't be shy, okay? Call either one of them."

With a wooden sword on his shoulder, the man speaks that way with a relaxed look. Old age, rather than carving an annual wheel on its face that already reaches the realm of aging, but the expression on its face is a word of 'spare'.

"… Now let me go"

Did you say the age of the confronting man was mid-twenties? If you're going to describe the look on that man's face that you won't be able to work hard enough to reach thirty in a nutshell... 'nervous'. The old man sighed small against a young man with obviously strong shoulders.

"... oh man? If only boulders had the strength on their shoulders, some monsters would hit them."

"- Whoa, whoa!

"- Oh, no! There will be cheats on the way to talking!

On the way the old man was talking, the young man swung his sword and shouted and advanced. Cheating, I mean, it's worse to have an extra attitude of 'call me from anywhere' than the game is starting.

"... well, we need to shake it up a little more properly."

- But that would be if he had antagonized my differences in strength. The "margin" attitude of the old man correctly reveals the difference in strength between the old man and the young man, and no matter what surprise, oddity, or cowardice he does, the young man's sword will not even touch the old man's hair.

"- Ah."

An old man who matches his own sword properly at the tip of a wooden sword that has been swung down. Cancer, the dull sound of which echoes, while the old man returns his wrist as he pulls his left foot, hitting the belly part of the wooden sword against the blade part of the young man's wooden sword. The rounded blade slipped through the belly of the wooden sword and flowed forward so that the body of a young man wielded at the mercy of his strength could be attached to the sword.

"Ho."

"What?

To read the thoughts of a young man who was poorly flushed and turned conscious to his toes, the old man rotated his returned palm for another half turn and waved his wrist upwards. To the shock, a wooden sword was bounced off the hands of a gripping sweetened young man.

"Well, now we treat you"

"Hey, wow!

The gaze of a young man, whose weight of a wooden sword accidentally disappeared from his own hand, wanders through the universe as he searches for the whereabouts of the wooden sword. Echo, that means you won't concentrate on the rest of it, and you're naturally away at your feet. There was no reason to miss such a gap, and the old man stretched his feet at the feet of a young man who would have treaded if he had flown. As if it were a decided cont, the young man kicks brilliantly into the old man's leg and throws his limbs on the floor of a plank training ground. Watching that figure, the old man grabbed the wooden sword with his right hand and received the young man's wooden sword with his left hand, which fell according to gravity as he twirled with his open left hand.

"Well, an ambush attack isn't a bad operation in itself. If it's an ambush, don't make a sound, if it's closer, if it's an attack, it's more of a puncture than a blow, that is, a punch than a shake."

"It doesn't work at all, does it?"

"Well, there are a lot of things I'd like to say, but the operation itself isn't bad."

"... don't you know as much as you see that I think 'regret' a little bit, Mr. Carl?

To the words of such a young man, the old man - the Knights of Kingsguard of the Kingdom of Flame, Carl Lausan, after a brief moment, laughed and showed the bandit-like appearance as it was.

"Isn't that warm? I specialize in manual labor. Me? You can't beat me with a desk clerk like that, can you, Courta?

The young man who was so told - Hota lifted his hands and indicated his intention to surrender, then let loose his sigh.

"... where should I fix it?

Don't ask me the hard part, you.

"Is it difficult?

"It's easier to give up being strong, about. Blah, blah, no shards."

"... what?

"Talented."

To Carl's words, Hota drops his shoulder in disappointment. Karl continued his words with difficulty to say as he looked sorry for his appearance like that.

"The... Kingsguard is the weakest of all the forces in the Kingdom of Flame. So now you're the weakest person in the Kingsguard... right, about two pieces down there"

"... you mean the weakest?

"Not in the military. If it was among ordinary people...... Oh, sorry, Cota. A little below average among the average person."

"... like this, I'm going to be unable to recover somehow"

Nothing, even Hota doesn't think that he has the talent to 'fight', and in the first place, Mon, he's a peaceful Japanese who doesn't even want to have 'ready to kill'. There's nothing wrong with not being strong. There's nothing wrong with that.

"... it doesn't have to be strong."

"Here... somehow"

Even Kota, the boy, after all, has an admiration for the 'strong' thing.

"... well, let's still be a little bit above the average person, about? For the future."

Pampered and Kota rises as he pays off the dust on the hem of his clothes. Seeing the fire of the indelible fighting spirit behind his eyes, Carl whistled and showed it.

"Fine, Coata. You're motivated. Normally, it would break my heart if it was so easy on you, wouldn't it?

"Because I don't have a good heart to break. I was going to borrow my chest... because in the first place, Kota Matsudai is an 'hard worker'"

Carl's grin gets stronger and stronger when he smiles bitterly and shows Kota flaunting his shoulders.

"... like, like. I like guys like that, me?

"Thank you, let me tell you. Now, Mr. Carl, give me the wooden sword."

Say it, Kota's words stop. Why... the wooden sword came down in front of me at a tremendous speed.

"-... uh, Mr. Carl? Wooden sword, give it back..."

"Okay, Coata? Do you think you could give it back to me in action by saying," It's surrender, give me back my weapon "?

"Yes, no! I don't think that's possible, do you? But this is practice!

"Practice is also meant to be in action!

"It's a matter of mindset, that!

"You regret losing, don't you? Show me your heart enough to take the wooden sword back from me!

"No, is it okay for an amateur opponent with bare hands to have two Kingsguard Knights swords, on the contrary!

"I'll do everything I can at any time. Whether they're weak or not, they'll be bare, but they'll be amateurs... but they'll be the ones you don't know!

"Last! Do you care unexpectedly, maybe!

"No questions asked! Come on, Coata! Come with all your might!

"No, hey - I plundered! I just plundered your forehead! Hey, Mr. Carl! Carl!

... I have to return the clock needle for about two hours to explain why this is happening - a hell of a picture of Hota being chased around by a delightful curl with two wooden swords.

◇ ◆ ◇ ◆ ◇

"... what do you think, Lord Matsuyoshi?

"Hotel Larchia. We were unable to meet the Chairman about this. However, we have gained knowledge with the general manager of the main building, Mr. Klaus."

"Klaus... Oh, you're the son-in-law adopted son of Hotel Larchia"

"Did you know?

"Assuming you're the Prime Minister of the Kingdom. Hotel Larchia is well served. I see, is that Klaus? Sure... about the same age as Lord Matsuyoshi?

"Yeah, with Mr. Theon, too."

"I see. There are a lot of good people in those days"

That being said, Prime Minister of the Kingdom of Flame, Lotte Baumgarden takes a sip of tea from a cup of hot air. He swallowed it deliciously before returning his gaze to Kota.

"Including you, right?

"It would be a buyout. Except me, anyway."

"Regardless of your low self-esteem, I agree with you, Coata. Whatever, including Ayano."

Kota and Lotte turn their gaze to your voice entering such a conversation between the two of them. Erica, who was having a relaxing cup of tea next to Hota, opened her mouth when she noticed its gaze.

"I'm getting Terra back in Ayano and Sonia right now."

"... well. Why is that?

"Looking to start a new business in Terra"

"Listen..."

"What's going on?

Surprisingly Erica speaks to Lotte, who accidentally speaks. I recieved such Erica's words and closed my eyes so that Lotte would think only a little.

"... I see." Becker Trade Chamber "? Then...... is this' meeting 'about underwriting local bonds?

Later, Erica breathes for a moment in that kind of lotte with her eyes open and nothing wind.

"... you know what I mean?

"Terra, so be it. Terra is now in the process of constructing a 'port'. Then it will be marine trade or a measure that can provide benefits to shipbuilding companies. The trade is handled by every chamber of commerce, and then shipbuilding is done using the erasure method. If so."

"Shipbuilding orders to the Becker Trading Chamber, presumably?

Kota takes over Lotte's words like this one and nothing. Lotte nodded one at such a Hota, continuing her words.

"'Shipbuilding' is a kind of 'festival'. It is customary to place orders with local shipbuilding chambers. You're not going to go to the chamber of commerce that's coming to Terra from the boulder to ask for an order from the Becker Trading Chamber."

Have another sip of tea.

"In addition, this is the" story "that took me to Erica. officially sign up as Terra Territory, it would be reasonable to assume that Are you asking me to subscribe to local bonds to cover the cost of shipbuilding?

Breathtaking for a moment at Lotte's words, Erica shook her neck vertically.

"... yeah, that's what I'm saying. Terra is working on a new business."

"Let's hear it"

"Build a ship with terra. But unfortunately Terra doesn't have the people to 'run' the ship. I'm not even a bright man in business. Besides, there's no such thing as a famous product that you can sell outside of Terra."

"It's a waste of time."

"Sadly. However, there is a" number "of thankful stories from the Chamber of Commerce."

"It's a strength to have a sales channel. I mean... oh, I see. Do you 'lend' your ship"

"Simply put, yes. Terra has a ship and lends it. Turn a portion of your earnings to redeem local bonds. So far, Terra's... it's a lot better than having her take on local bonds to redeem her borrowed local bonds, right?

"... Hmm. You have a point. So? How much will you need?

To Lotte's words, Erica opened her mouth with a grinning smile.

"500,000 sheets in white gold coins. How about 50 years of paying?

"... what?

Lotte, outrageous.

"... Dear Erica? Isn't that impossible for a boulder?

Those words that finally twisted were only a little plundered.

"Really? 'Cause, Lotte? You want to, right? We're just gonna work with you, aren't we?

If you don't like it, stop, and tell Erica like it's nothing, Lotte also looked bitter - and still pointed her gaze at Erica like she was going to shoot through it.

"... may I say 'crush' Terra?

"Doesn't it look like lotte? Such a cheap provocation."

"I see. Now let's change the way we say it. You're not going to allow Terra to issue such local bonds. We can't underwrite it."

"Then your plan will be ruined. This one's trying to help."

"It depends on how you cooperate. You can't give boulders that kind of unscrupulous money."

"Can I ask Liz directly?

"You think Your Majesty will accept?

"Depends on how you take it, I guess?

Lighten up Lotte's gaze and sip of tea. Again, Erica smiled and showed.

"... not at all... who do you resemble, Lord Matsuyoshi"

Lotte sighed at Erica like she was drained of poison. Giroli and his gaze turned to Kota.

"... Shake it on me?

"Yeah, of course. Erica too... I don't mind the love of Lord Matsuyoshi, but it doesn't seem like much of a bad thing."

"Come on, love! Rotte, you, what are you talking about? Beh, nothing. Me and Coata, we, uh, we respect each other, and, uh, that!

"... well, good."

"I'm not good at all!

"Lord Matsuyoshi"

"Don't ignore me!

"Lord Matsudai. Isn't it time to get it out?

"... erm... Erica, are you angry at me for turning your face bright red?

"It's okay. If you were with Erica, there wouldn't be enough time."

Lotte treats Erica as a totally 'no child'.

"... I thought you were on a good line?

"With all due respect, it's 'not yet' in Lady Erica. Well, the negotiations have been smarter than they used to be. We must not negotiate such strength before weaknesses. If we talk about Lord Matsuyoshi, it's more obvious than seeing fire."

"It's hard to respond from my mouth...... well, fine. So? What do you mean," let it out "?

Shoulder to shoulder that Kota's words would be decided.

"Compromise proposal, yes."

"Compromise proposal, is it"

"500,000 white gold coins, paid for fifty years. They are divided into 10,000 pieces of white gold each year. No matter, I'm never saying it's cheap, but it's still a trivial thing compared to 500,000 sheets. You didn't think I'd swallow those terms on common sense, did you?

"Would you mind swallowing it for me?

"That kind of rush feels a little bitter. If you want to get it out, just get it out," Two Arrows. "

……

"By the way, if there isn't, I can't underwrite local bonds. It's true that trading in banknotes is attractive, but offering half a million white gold coins is not cost-effective."

Lotte's words and attitude without an island to attach. Staring at Lotte like that, Kota opened his mouth.

"Five hundred thousand white gold coins, this one can't be given away. The breakdown is 100,000 sheets per ship, five."

"Five ships at once? I think it's an overinvestment?

"Big things are good, I'm not saying, but we can't ignore the benefits of scale. It also means risk balancing."

"Well, that would be nice. So, what's the duration?

"Ten years."

"You've been shortened at once. Are you paying 50,000 a year?

To Lotte's words, Kota shook his head small to the side.

"30,000 sheets per year. This is the limit, given Terra's finances."

"... I didn't know you'd be able to make easy calculations either, you seem old, me too. Ten years with 30,000 payments per year. I don't care what you think. I think it'll only be 300,000 in ten years' time?

"Don't worry, Mr. Lotte. Because you are normal."

"... the Matsudai Palace. I told you the rush feels like an eating wound.

Lotte's eyes, which purposely erased her emotions, shoot through Kota. Such a glance was shed, and Kota continued his words.

"Terra intends to raise revenue and redeem local bonds by lending five ships at the same time. It also depends on how many loans you make per year… well, assuming it's 10,000 pieces of white gold, it's 50,000 pieces per year, and the calculation comes into Terra's pocket"

"Right. So we'd like you to turn all the proceeds back to us? That would pay back half a million pieces in ten years, wouldn't it?

"Then Terra doesn't have 'taste'. Don't get me wrong, Mr. Lotte. I do not intend to issue local bonds solely for the sake of the Kingdom of Flame. It has to be in Terra's interest."

Capital investment through borrowing presupposes that the 'company' will make money by investing capital. Although it is the principle to repay the capital investment with the profits raised by the equipment, it is also true that borrowing that turns all the profits into repayment has too little flavor.

"... I see. Please continue."

"Ten years later, the total repayment has been 300,000 sheets. There are 200,000 residual bonds. So judge me."

"Judgment?"

Show Lotte who leans his neck, uh, nodding.

"The Kingdom of Flame will buy the ship or a new one for 200,000 sheets...... right. to redeem local bonds for about seven years."

After Kota's words, Lotte closed her eyes quietly.

A loan that builds a ship and uses the revenues raised by that ship as a financial resource for repayment is commonly referred to as Ship Finance and Ship Financing. Ships are expensive commodities and may choose a repayment method called 'Balloon repayment' as their method of repayment.

Let's say, for example, you covered 100 million yen a ship with full financing, or full borrowing. Make the annual payment ten million, five years. It is assumed that 10 million will be repaid in the first year and 10 million in the second, and the remaining 60 million will be paid in full in the fifth year. This method is called balloon repayment. A balloon is a balloon, and as you can imagine the shape, it is said to have this name because the last bulging part resembles a balloon.

Pay six times what you've been paying. A lump sum repayment would also be possible if I could afford it on hand, but it would be difficult to do so without it. So there comes out a method as an option: 'Sell the ship and make a lump sum repayment at its cost of sale' or 'Borrow again for 60 million'.

"I entrust the choice in ten years, Mr Lotte, to the Kingdom of Flame. If the performance is robust, please make an exchange and let me repay it. If not robust, the ship will be given to the Kingdom of Flame. If it's the Flame kingdom, you might be able to use it more cleverly."

……

"There is probably no reason to say that all five ships can't operate. I am foolish to think that up to three ships can operate smoothly. Whatever it is, it is most desirable that all five ships are in order."

"... I see, is that Terra's risk balancing?

"Mutual, yes. It's possible that we can repay each other, and it's better for each other if we can get a ship, right?

Again, Lotte thinks into Kota's words. The more carefully you listen, the less bad the proposal itself is. If it goes well, you can keep paying it back, or if it doesn't work, you can have the ship. I don't lend money for free. If it returns reliably and becomes interest income, the borrowing of local bonds itself is a good enough story.

"… consider it positively"

After a lot of silence, Lotte slowly opens her mouth.

"Thank you"

"There are a few conditions attached, but if they are, well, they won't be. It's a mutually beneficial story."

"Isn't that right?

"However, as I mentioned earlier, I have a few questions. Excuse me. Can I have a day? We will sort it out and submit it in writing. If you're satisfied, we'll take out the local bonds in the name of this lotte."

Why don't you give me a break for today? Hota slowly bowed her head to Lotte, who asked.

"Enough. After that, if the questions are softer for you, there's nothing to say."

"There's no compromise around there, so it's bad."

Kota smiles bitterly at Lotte's words and takes a seat. Encourage Erica to roar "uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh-uh next door

"... oh, yeah. Dear Erica,"

"What?"

"I need to look so grumpy. After this' story ', I have received my life to visit His Majesty's private room."

"... from whom?

"His Majesty himself. 'I want to talk to your sister! Lotte, please definitely call your sister to her room!'. You're dead."

"You've lost your life worth a long time."

"I don't want to complain too much... right"

"You think so too, don't you?

"But... well, Your Majesty is encouraged in government that year. You'll need a little breath. And Master Erica? Haven't I had a few chances to see His Majesty lately?

"Ugh!"

"I don't even remember coming to Larchia taking the time for you two to spend?

"Ugh! Ugh!

"Sounds like you two are the only sisters I can offer. Go ahead -"

"Oh, already! All right! All right, all right! Already... you are so sweet to Liz!

"Rude. I'm basic to royalty, 'sweet', right?

"What kind of mouth do you say?"

"... and"

That said, Lotte dropped her shoulder small.

"'I won't work until your sister comes!' And I accept it from Your Majesty."

……

……

"... something, I'm sorry, Lotte. I can't do it, sister."

"No. Well, I can come up with ten or twenty of the manipulations that force Master Liz to work... once in a while would be nice"

"... I won't ask."

That being said, Erica raised her gaze to Kota and reluctantly cut out her words.

"Well... it's like accepting after the fact and I'm allergic..."

"I don't mind. Please, stay with Your Majesty."

Erica's face smallly bursts into Kota's words. Whatever you say, sisters who split the blood. Even Erica doesn't lie about how she thinks Liz is cute.

"Oh, yes, Lord Matsuyoshi. I have a message for you, too."

"To me?

The sudden rescheduling left my afternoon plans flat, and what should I do today? It was Lotte's words that brought Kota back to reality, who had put his thoughts on it.

"Lord Matsuyoshi, your age is certainly excellent."

"Hi."

But.

"My 'era' has all the grains there, too, right?

◇ ◆ ◇ ◆ ◇

"Steady... you're not so talented as to surprise me, are you?"

"... Sa... hi..."

"Oh, oh. Are you so out of breath that you can't talk? Holle."

In the middle of the training ground, breathing constantly. Sitting somewhat over Kota's head playing weird noises with Hi-hi-hoo while he fell asleep, Karl offers a water bottle made of bamboo to Kota's mouth. Drink to devour the liquid that moistens Hota's throat as dry as a desert, and take a breath.

"... no matter how much, you can also lose your breath if you" snuggle "with the Knights of Kingsguard opponent for quite some time"

At last, Carl responded by laughing and showing Haha to Kota, who turned his blame eyes.

"Told you? No matter how much I protect you, there are limits. I need you to be able to handle this on your own to some extent."

"So it's a 'call'?

"I won't get caught inside, you. I heard he was coming to Lotte's, so I asked him to leave a message."

As Lotte tells me, it was Carl who was waiting for Kota, who visited the Kingsguard training ground. Release the wooden sword to Kota, who looks like he was stuck in a fox.

"If you don't want to die, learn here."

And Carl said, Well, then it was at the beginning that he took the wooden sword.

"Learn as much as you can."

"Running away?

"Yes, yes. You really don't have the gift of a sword. You don't have time to run, do you?

Having said that, Carl saw at first sight that Kota was not talented. Even if I taught swordsmanship now, I wouldn't be able to say "protect myself" at all, so I switched to teaching and putting it away.

"... I wish you'd say that first"

"I don't mind. I need to get to know what I heard with my head anyway. You just have to remember with your body, with your body."

"I think they denied everything about me."

"Oh, wow, wow. That was a bad way to put it. 'This kind of' havoc isn't just about reason. For example... Right. I can explain how to swing a sword in words, but then I can swing it beautifully, and when I say it, it doesn't. Thousands of times, tens of thousands of times, it's like you're finally going to mould it."

"I'm pretty good at that kind of 'hard work' thing."

"In your case, I don't feel decent shaking it a million times."

That's what he says and laughs at Karl, and Kota drops his shoulder disappointingly.

"There's something wrong with you. You fight with that" balls. "

"Like Mr. Lotte?

"Yes, yes. Well, Lotte did more swordsmanship than a crowd, didn't she? I mean, he was pretty strong, that guy."

"... omnipotent, is that guy"

"You're a lot taller, aren't you? Even my face wasn't bad... I used to tell the royal castle ladies, didn't I?" Dear Lotte, there's something about SS. "

"... I don't have any words."

"By the way, I had a reputation at the time for 'Dear Lotte, SS is stronger than Kingsguard'"

"Is that okay, that?

"There's no man who can beat a woman. It's obvious."

It is the truth.

"... So, is Master Lotte's wife someone from that SS,?

"Hmm? Oh, Lotte's unmarried. I'm not married."

"Really? Is that all you were hot for?

To Kota's inquiry, just narrow your eyes a little.

"... a lot of things."

Like whining, a word.

"It's not about talking to me around here. If you insist, he's married to the country. First, I can't imagine Lotte being pulled under my daughter-in-law's ass."

"... just a little bit, I'd like to see"

"... alle? If you ask me that, I'd like to see it too. Look, I saw something scary. What do we do, Coata? Even old love can blossom and show you?

".................. let's stop it. Afterwards I'm afraid."

"Chiney."

We both laugh haha. Kouta opened his mouth as the slightly soaked air flowed.

"... what are you doing there, Captain?

Such a voice came through the door of the training ground.