After hearing Fredâs story, everyone clicks their tongues in amazement.
Henwell puts away his smile and grows serious. âFred isnât a reckless fighter. Donât get that wrong. Heâs not as foolish as he seems on the surface, nor is he a blunt, rough man. On the contrary, heâs quite cunning. Over the past fifteen years, his personal strength has improved tremendously.â
âGive him another ten years, and he might break through to become an Iron Knight. When he says he was a rising star of the previous generation, thatâs no lie. A sixty-year-old Iron Knight isnât just an average sixty-year-oldâphysically and mentally, heâs still at his peak.â
âFifteen years ago, Tusyat City was a mess. Officially, the kingdom assigned a lord to govern, but in reality, many affairs had to be negotiated with those super mercenary captains who commanded thousands of soldiers. Since Fred arrived, not only did he keep those mercenary captains in check, but he personally wiped out two of their groups.â
Everyone nods seriously, taking mental notes. Anyone whoâs survived so much clearly isnât a simple character.
If Fred were just a reckless fool, he would have died long ago in the chaos of the Lumir Duchy.
Henwell continues, âFred is a fierce warrior forged on the battlefield. His military skills arenât just theoretical. Right now, he commands thousands of elite troops. Those are his personal guard, not the cityâs defense forces. The army he can directly control exceeds thirteen thousand soldiers, comparable to any regular regiment stationed nearby.â
âBesides, the six super mercenary groups here, along with other smaller mercenary bands, are all somewhat under his influence. If he wanted to, mobilizing tens of thousands of troops for battle wouldnât be difficult.â
âTusyat City is unique. Within a two-hundred-kilometer radius, four regular Ika kingdom regiments are stationed, along with two cavalry regiments each exceeding five thousand troops. Add in Tusyat Cityâs forces and those of surrounding lords, and the military presence here is dense, almost rivaling the troop concentration near the capital.â
âSo everyone needs to be cautious. As long as Fred doesnât cause trouble for us, we just focus on our own affairs.â
Hearing this, everyone finally realizes that the fierce-looking lord is actually a powerful figure commanding heavy forces.
Henwell points outside and says, âAlso, donât be fooled by his act of playing poor. Although heâs not as good at making money as I am, heâs definitely not broke.â
âThis guy launched a very forward-thinking policyâhe set up a Mercenary Task Center. Every mercenary group wanting to take on contracts here has to get a credibility license issued by Tusyat City.â
âTo get that license, each mercenary group has to put up a large sum of gold as collateral at the Task Center. The amount depends on the size of the group. The more you stake, the higher your credibility rating on the license.â
âThose six super mercenary groups each pledge a hefty amount, ranging from hundreds of thousands to over a million gold coins.â
When Henwell first heard about this, he thought, âIs this guy some kind of âearthâ man or what? Setting up something like this is a clever way to make money.â
Henwell also strongly approves of what Fred does next.
At first, people just thought Fred was running a disguised protection racket. But then, when a mercenary group botched a job and the client came to demand compensation without success, he decided to give the Task Center a try and asked the lord to mediate.
After hearing both sides, Fred ruled the mercenary group was at fault and directly refunded the clientâs entire commission from the groupâs pledged depositâplus a little extra compensation.
As more incidents like this happened, everyone realized Fred genuinely wanted to build a credibility system for mercenaries.
With a good reputation, more and more people began to seek out licensed mercenary groups through the Task Center.
Over the years, these offices spread across cities throughout the Ika Kingdom, providing a safety net for registered mercenary groups.
The kingdomâs top officials also strongly support this plan to stabilize public order and rein in these hot-headed mercenaries.
Now, after every mercenary group receives a contract, Fred takes a 20% commission.
But he doesnât just take it for nothing, the licenses he issues help mercenaries avoid trouble with the kingdomâs authorities.
Plus, half of the commission he collects goes into a fund to cover mercenary personnel losses.
If a mercenary group suffers major losses due to uncontrollable circumstances, they can claim from this fund as compensation.
Though the amount isnât huge, it shows a real commitment.
As for the Mercenary Task Center itself, Fred doesnât hold all the power.
From staff to the task evaluation committee, representatives from the major mercenary groups participate.
This ensures the mercenary groupsâ interests are protected and decisions arenât just based on the clientsâ side.
This system has earned Fred considerable prestige within the mercenary industry.
Besides that, Fred is also the biggest moneylender in the entire Western Regions of the Ika Kingdom.
All those deposits? Fred doesnât let them sit idle. He loans them out at an annual interest rate of no more than 20%. Considering this is a feudal era, that rate isnât high at all.
And Fred never worries about anyone daring to default on their debts.
Tusyat City isnât just a hub for mercenary business; itâs also the center of the slave trade in the Western Regions of the Ika Kingdom.
Over more than a decade of operation, Fred has amassed a vast fortune, which is one of the reasons heâs called the Mercenary Lord.
Thanks to the battle before entering the city and Fredâs presence afterward, Henwell and his group manage to rest peacefully here for three days.
On the night before they leave, Fred finds Henwell.
Seeing Fred scaling the wall late at night, Henwell waves his men off, signaling them to go back to sleep.
The two meet on the rooftop, and Fred sizes Henwell up. âFamous names often hide secrets, huh?â
âOh? The lord thinks my reputation doesnât match my strength?â
Fred shakes his head. âNot at all! Iâm curious. Has no one realized youâre already an Iron Knight?â
Henwell raises an eyebrow. âOh? The lord is so sure?â
Fred, casually draped in a coat, points to the scars on his body. âYou and I both have fought through mountains of corpses and seas of blood. We have a special sense for enemies. During our earlier standoff, I kept wondering: if you were a Grand Knight, Iâd feel a serious threat. But no matter how much I provoked you, I never sensed that threat.â
âEither youâre not a Grand Knight but just a Battle Knight, or you simply werenât angered by me. But I really wanted to kill you then. I think you sensed that too. After all, killing you wouldâve meant I could return home to my family.â
âSo, I thought about it for a long time after returning, and I came to one conclusion: for so many people to fear you and want you dead, you have to be above a Battle Knight.â
âThereâs only one possibilityâyouâre neither a Battle Knight nor a Grand Knight, but an Iron Knight!â