Seven days later, the Governor's Office.

Li Sufengchen walked into Zhao Wenting's office with great care and asked anxiously: "Sir Zhao, where is King Yu? Why is there no one in the office?"

Zhao Wenting put down his glasses, rubbed his tired eyes for a moment, and said, "Your Highness may be learning foreign languages, but I don't know where to learn from whom I am. This is not what I should master."

Li Su's face turned dark. Since capturing Lima City, Li Junwei handed over the military and political power to Li Su, Zhao Longcheng, Xu Zichang and Zhao Wenting, and he was very leisurely and enjoyed locally. Of course, learning foreign languages ​​is a joke, which means that His Highness Yu should have friendly exchanges with some Spanish girls who have been enjoying fragrance. At this time, His Highness Yu could not be disturbed, and in the occupied areas, there is nothing that must be decided by him personally.

"Do you know that?" Li Su lay in front of Zhao Wenting and asked in a low voice.

Zhao Wenting smiled: "Criminal, what are you talking about? But it seems that you should lead your army to attack Cusco now instead of appearing here."

Li Su whispered: "King Yu let that Antonio go, and told him in person that if it were up to him, the empire would not directly rule Peru. But you and I know that this is just the saying that King Yu has always maintained the authority of His Majesty the Emperor, and everything in America will be decided by him. This was decided by the emperor before he came."

Zhao Wenting nodded slightly, but couldn't understand Li Su's meaning and asked, "What about that?"

"So...what made King Yu make such a foolish decision?" Li Su gritted her teeth and asked, "Are they those Spanish women?"

Zhao Wenting waved his hand and quickly rejected it. Although it was the first time he heard about this, Zhao Wenting did not feel any surprise, because like Antonio and Thomas, he felt that the policy implemented by King Yu in Peru was to kill chickens and get eggs. This was not a policy that a ruler should have. Since that is the case, it would be reasonable for King Yu to not want the empire to directly rule this colony.

Zhao Wenting said: "Criminal, don't worry about Prince Yu's private life. This is not something you can argue with. Moreover, I don't think this is a foolish decision, especially for the imperial government."

"Why aren't you stupid?" Li Su was immediately furious. He spoke loudly, and Zhao Wenting was so scared that he immediately closed the office door. Li Su shouted: "The army, the army, the army of Yi, the colonial servants, all kinds of armed forces have exceeded 50,000, and we have been constantly obtaining military funds. The army led by me alone has seized no less than 4 million taels of wealth on the way to Cusco. This is so rich, and the money in some white cellars is comparable to that of some small banks!

We have money and soldiers. The Spanish are so weak that we can snowball all the way and conquer Mexico City. Occupying all the Spanish colonies on the American continent can also gain tens of millions of taels of wealth, and even more!

These wealth will leap our empire's strength to a new level. Well, even if we don't mention this money, this colony, the two Governors' districts, combined with more than 30 million people, what a big market this is. To obtain such a colony, the domestic economy will develop very rapidly, especially the American provinces, Cape Town, and South Africa, which are close to each other, will usher in a major economic outbreak. This is also the national strategy since the founding of the country. Why did King Yu give up this colony?

The Spanish couldn't fight back, and several European colonial countries were engaging in civil war. This was a once-in-a-lifetime opportunity. Even if the whole of Europe rejected us, what about our merchants who lost in Europe could be recaptured in America and doubled down...."

Li Su obviously thought about it all the way, thinking through the importance of these colonies to the empire and all the factors that influenced the occupation and rule them. Just as his long talk was endless, Zhao Wenting immediately asked him to stop: "Criminal, stop, stop..., you seem to have made something wrong. I did not say that occupying the American colonies is not good for the empire, I am talking about it for the imperial government."

"This...is there any difference? The development of a new colony is beneficial to the entire empire and is also beneficial to the government." Li Su didn't know what mysterious Zhao Wenting was doing, and he didn't understand the difference at all.

Zhao Wenting smiled: "You are wrong. Overseas conquest and expansion are beneficial to the empire, but not necessarily to the government. You have been in Shenjing for many years, and you may not be very clear about this, but in the local notice, there is a very important thing. You should have heard of it."

Li Su frowned and recalled carefully. He did receive a domestic notice, but he just glanced at it and had been concentrating on fighting for the past period of time. Zhao Wenting had no choice but to find a notice from the bookshelf and handed it to Li Su.

The Kowloon region was the colony of the Empire in the Mekong Delta and one of the longest-standing colonies in the empire. It was a product of the dynasty's reign during the reign of the dynasty. The Qing Dynasty was powerful and the Ming Dynasty was defeated step by step. Especially when the Sanshun King went south to Guangdong and defeated Li Chengdong's Huifan. At that time, Li Mingxun formulated a strategy to resist the Qing Dynasty and limit the Ming Dynasty. Zhu Ming's power could naturally be weakened if it could be weakened, so he only gave Huifan a way out, but did not assist them in resisting the Qing Dynasty. Later, the main cooperation object with the Yongli court turned to Li Dingguo, and Li Dingguo urgently needed a stable vassal state, so the two sides cooperated to restore a province in Guangdong.

However, Huifan's status was a bit embarrassing. Li Mingxun suggested that they go to Southeast Asia. The Lujian State regime was robbed by Zheng Chenggong and wanted to go to Southeast Asia. So these Zhu Mingxuns separated from the Zhu Ming sequence and became pioneering heroes of the empire. Huifan cooperated with the three public officials in western Guangdong to open up the Kowloon region, while the Lujian State regime's nobles opened up Borneo and established pioneering companies respectively. The royal family and a group of veterans both invested in it.

With the establishment of the empire, Kowloon and Borneo became pioneering companies with chartered quorums. Like African development companies, Palawan and American companies, the shareholders of Kowloon and Borneo were relatively fixed. Even if they later offered public shares, they only participated in dividends and had no management rights. Later, the imperial government continued to invest in shares through authorized renewals, financing, etc., and the imperial government became the largest shareholder.

After the founding of the Empire, the status of the two companies was loosened. Although the main problem at that time was that the Empire required all the Count and above to live in Shenjing, which led to many pioneering masters opposition, under the threat of canceling the charter, the two companies eventually surrendered and opened up some of their shares.

The latest turning point occurred after the American reform. As the jurisdiction of the American company became the American province, all classes of the empire discovered that there were so many benefits. After the empire completed its restructuring in the 23rd year, the American provinces and the empire's local relations became increasingly close, especially the three provinces of the North Sea, which were increasingly stagnant, and the three provinces of the North Sea became active with the cross-ocean trade. Wool textiles, ironware and various handicraft products from the North Sea provinces poured into the Americas, and fur and other goods from the Americas poured into the country. Even Shenjing's textile industry was driven. After all, America is not just a consumer market in a small province, but also facing the Spanish colonies.

Although the textile industry in the Americas has been impacted (mainly due to backward technology), it is beneficial to all parties. Not only does the population loss in the Americas, but thousands of people come to the Americas every year, and this year, the immigrant population will definitely exceed 10,000.

The result was that both the central and local finances benefited, and the economies of various regions were also developed, which injected new impetus into the empire's development of America. Both the country and the people benefited. Therefore, Shin Kwun's House of Assembly proposed to reorganize the two major colonies of Kowloon and Borneo. The last year of the empire's official authorization letter at the end of the 24th year, so the members of the House of Assembly convinced the Senate with the American case, and the cabinet jointly advocated that they would no longer authorize the Kowloon Development Company and transform the Kowloon region into the Kowloon Province.

Obviously, Kowloon Company was unwilling to do so, so all parties began to expose their old secrets and settle the old accounts, and all the things that were old and bad. In the end, the Security Bureau participated and gave Kowloon Company a fatal blow.

When the emperor was the crown prince, he experienced the case of Zhongsi Group, and even the queen was one of them. The case involved many nobles and congressmen, including former Ming nobles from Kowloon and Borneo. Moreover, because they were colonies, they were incompatible with the administrative and cultural aspects of the empire, they were not much different from the previous dynasty of Zhu Ming. They turned the two companies into rebellion and separatist positions, which directly scared everyone. Not to mention the Kowloon Company, even Borneo, which had a charter of five years, had requested instructions to be reorganized.

So in the 25th year of the empire, the Kowloon Company's jurisdiction directly became a Nanyang province with 1.1 million citizens. All the power of the Kowloon Company was transferred to the imperial administrative agency, but the reform was not just a matter of saying it. The complex situation in the Kowloon region caught the cabinet off guard.

The reason why Kowloon’s reform was mainly promoted by industrial and commercial owners. Kowloon Company not only has 1.1 million national groups, but also has monopoly over the Zhenla area and the Nanzhang Kingdom (Laos). If these two major regions are included, there is another 3.5 million population, which is a very huge market. Originally, most of the local economic resources were monopolized by Kowloon Company, and only one-fifth of the annual income dividends were paid to the empire every year. The empire’s finances only received up to 350,000 silver income. Once the reform, the trade in the Kowloon Company’s jurisdiction was liberalized, and customs revenue alone would be more than that.

There was only one department across the country who opposed it, that is, the Ministry of Overseas Affairs, but the colonial company belongs to the management of the Ministry of Overseas Affairs. It is understandable that this act of cutting off the flesh was opposed by it, but there was another person who opposed it at the top of the empire, that was the Supreme Emperor Li Mingxun. Of course, Li Mingxun only opposed it and did not stop it. He directly told the emperor Li Junhua that this was doomed to fail, but learning from one mistake may not be a disadvantage.

But the Empire discovered that in order to inherit the power of the Kowloon Company, it had to fulfill its obligations, that is, to bear all management costs of the colony, including the treatment of bureaucrats and troops of up to 70,000 people. In turn, the benefits generated by monopoly were gone. As a result, during the 25th year of the Empire, the Empire not only did not obtain any fiscal revenue, but instead lost more than 700,000 taels of fiscal revenue on the books.

The fiscal revenue of Kowloon Province plus the newly added customs revenue was still not enough for the expenditure of the colonies and Kowloon Province. The central government of the empire must be allowed to fill the finances. The biggest loss came from the Zhenla area. In order to plan a full-scale war against the Qing Dynasty, Li Mingxun joined forces with the Kowloon Company, Guangnan and Siam to launch a war against the Zhenla Kingdom, divided the Zhenla Kingdom and supported a puppet regime. However, this regime lasted only two generations and twenty-one years and was completely destroyed. The Zhenla area became a colony directly under Kowloon. The colony of more than two million people could not collect much taxes. Instead, it had to maintain a considerable scale of troops and bureaucrats. The corruption problem was very serious and became the biggest bottomless pit after the reform.

The year of reform made the imperial leaders realize that the imperial colonies were beneficial to the empire's economy but were not conducive to the empire's finances. As a result, not only did Borneo and African colonies escape the disaster, but even the Kowloon's reforms were changed back again, from an imperial colony to a corporate colony.

However, the Kowloon Province still exists. Kowloon Company only gained monopoly over the two places of Zhen La and Nanzhang. After throwing out the loss of the colony, Kowloon Province is the place where the fiscal surplus is. However, in order to appease all walks of life, the newly established Kowloon Company's public offering has mostly changed its shareholders.

After the failure of the Kowloon Reform, the Empire asked the Ministry of Overseas Affairs to conduct a comprehensive investigation of the empire's overseas colonies and European colonies, and concluded a very helpless conclusion - the best colony is a semi-colonial, and then someone else's colony.

The empire had many semi-colonial areas, or almost all of its neighbors belonged to semi-colonial or economic colonies. Japan, which was forced to establish its country in the war, was naturally the first, and more semi-colonial areas were in South Asia and Southeast Asia, especially Myanmar and Annan on the Indochina Peninsula.

There is no ruling cost in semi-colonies. The empire can conduct equivalent free trade with it. It is the empire's raw material production and commodity market. The only cost may be to promote the founding of these countries at the beginning, but this is not necessarily a war. For example, Annan, cooperated with the Qing Dynasty, and after the fall of the Qing Dynasty, he chose to open to the empire in order to avoid the empire's revenge and destruction.

In other countries, the empires used their sect leader to intervene in their domestic affairs, always supporting the princes who were close to the empire to inherit power and promoted opening up step by step. Among them, Myanmar is the most typical. When the Qing Dynasty was destroyed, Myanmar only paid tribute to the empire, but refused to establish the country. The empire also had a war against it, but as the mainland expanded, it was not implemented. It was also in this process that the inheritance of the throne of three consecutive generations was intervened by the empire and opened up to the empire step by step.
Chapter completed!