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Chapter 453 IOUs

Lin Zexu came in a low dress and stayed in Shanghai for only one night. The next morning, he took Jiangsu back to Jiangning. 12??

On the same day, Yi Zhizu couldn't wait to board the "Flying Yan" and rushed to Guangzhou. It was less than two months before Yuanqi's accounting period. He had to rush back to Guangzhou as soon as possible to host Yuanqi's dividends.

Yuanqi Bank was established and monopolized Guangzhou's money industry, which caused a sensation. Then it monopolized Guangdong's money industry, opened Changle Machinery Manufacturing Factory, established Donghuang Silk Industry Co., Ltd., established Yixue, founded newspapers, founded the stock exchange, undertake the issuance of treasury bonds, opened the ammunition bureau, shipyard, mined Changhua iron ore, promoted the western-style school, formed the group training, and expanded Liangjiang.........

In just seven years, Yuan Qi has developed into the most huge and dazzling business group in the Qing Dynasty. Even the top ten famous merchant gangs in the Qing Dynasty are hard to stand against. There are few gentry and merchants in the court and the country, and those who do not know Yuan Qi's name are so popular that they are unparalleled.

The news that Yuanqi will pay dividends for the first time will immediately attract great attention. Not only Yuanqi's shareholders are looking forward to it, but also gentry and merchants around the world are looking at each other. Even the officials in the central and localities are extremely concerned. There is no way not to pay attention. Yuanqi's every move now is enough to affect the entire Southeast.

However, Yuanqi's senior executives and major shareholders did not have any extravagant expectations for this dividend. Others did not know it, but they knew it very well. In the battle with England, Yuanqi paid an unimaginable huge price. It was a miracle that he did not have a lot of debt. He could not have the ability to pay dividends.

However, no one knows why the shopkeeper insists on paying dividends in this situation, and even less clear where the shopkeeper has transferred a large amount of cash to pay dividends. The only thing that is certain is that Yuan Qi will definitely not be shabby when he first paid dividends.

The capital, the Forbidden City, the Qianqing Palace, and the Western Warm Pavilion.

Yuanqi paid dividends during the accounting period? Daoguang frowned and put down the secret bill in his hand. Yuanqi actually had silver to pay dividends? How could this be possible? In recent years, Yuanqi has donated more than 10 million yuan and eight million yuan in silver. He also received the 10 million national debt issued by the court. In addition to the military expenditure of the battle with England, at least tens of millions of taels of silver, and there is still a surplus dividend?

How much money has Yuanqi earned in the past few years? He pondered for a moment, his brows gradually stretched out, it was impossible! Not to mention that Yuanqi could not have a large amount of surplus and cash dividends. Even if there is one, Yuanqi would not be able to make a huge dividend at this time! What tricks is this kid Yizhizu playing?

"I'm looking forward to it." He murmured, "This kid didn't stop..." As he said that, he opened the next secret box and took out Lin Zexu's fold. After looking at a few lines, his eyes hopped. The value of Hongji Coal Mine was as high as 2 billion taels of silver!

After reading the memorial, he was still a little unbelievable. Two billion taels of silver were equivalent to the total annual income of the Qing Dynasty in the fifty years and the coal reserves that could not be dug in two hundred years. What a large coal mine!

Could it be that he ordered Yuanqi to stop Xin'an Mansion and Yi Zhizu intends to exaggerate the value of Hongji Coal Mine? Daoguang was a little suspicious. After all, the previous Yi Zhizuo's comment only focused on the Hongji Coal Mine playing an irreplaceable role in Guangdong's industrial development and there was no specific valuation.

But after thinking about it, even if it is a bit exaggerated, even if it is only worth 200 million silver, the Hongji Coal Mine made him very excited. Xin'an Mansion must be included in the Qing Dynasty. Since Yuan Qi forcibly occupied the coal mine, he would never let go. The court only needs to be tougher and get 500,000 taels of silver a year. Where can I find such a good thing?

Thinking of 500,000 taels of silver a year, he was a little confused. 500,000 taels of silver is not a small amount. How many tons of coal can Yuanqi mine in Hongji Coal Mine in a year? What is the price of coal in Guangzhou? Thinking of this, he picked out the secret note of Yu Kun, the Guangdong Customs Supervisor, and then wrote: Report the coal price in Guangzhou quickly and investigate the coal consumption in Guangzhou.

After putting it aside, he realized that even if Yuan Qi occupied the Hongji Coal Mine, he would not be able to earn 500,000 taels of silver a year. This silver was not tax silver, but bribery. He asked the court to allow Yuan Qi to take action in Annan instead of stopping in Xin'an Mansion!

Is this also considered the benefit of Yuanqi's external expansion to the court? Daoguang picked up the memorial and looked carefully at the following passage - the land is narrow and the people are dense, the growth of life is increasing, the food shortage, land annexation, and the only way to relieve the situation is to expand outward. The South Ocean is a sea barrier on the Qing Dynasty and a place that must be fought for. Western powers have long had the desire to covet the South Ocean. Now they are gradually eroding the South Ocean. The court should fight and expand to the South Ocean, not only to plunder the land and other resources of the South Ocean mines, but also a strategic need!

This kid is really interesting. He didn't give a memorial, but asked Lin Zexu to submit a memorial. Is this to win the support of the ministers in the court? Or is it a pre-painting? Could it be that Yuanqi's regiment has expanded the war in Annan? Daoguang focused his mind and thought for a while, and wrote on the memorial - I know.

Guangzhou, Xiguan, Leiyuan.

As soon as the news of Yi Zhizu's return to Xiguan spread, Leiyuan quickly became lively. The door was full of sedan chairs of all sizes, so naturally they couldn't wait to visit. When Yi Zhizu returned to Guangzhou at this time, everyone knew that it was for the Yuanqi period bonus. Everyone who knew him wanted to inquire about the news and satisfy his curiosity.

After Yi Zhizu returned to Yi Mansion to pay his respects, he only stopped for a moment and hurried back to Leiyuan. As soon as he entered the door, he asked, "Is Yan Yangtian here?"

"Return to the Lord." General Manager Liu said step by step: "Here, just came..."

"Let him come to the study." Yi Zhizu ordered, he was eager to learn about the situation of Yuanqi's training in Annan.

Yi Zhizu took a sip of tea in the study, and Yan Yangtian said loudly outside: "Report."

"Come in." Yi Zhizu said and put down the teacup.

Yan Yangtian, wearing a short-sleeved summer military uniform, stepped in and saluted: "Yan Yangtian, the commander of the First Brigade of Yuanqi Regiment Training Brigade, met the principal."

"Sit." Yi Zhizu paused and asked directly: "Is there any news about Annan?"

"I heard that Feng Renxuan is deploying an attack on Liangjiang Mansion."

"How is the casualties?"

"There are not much casualties in the capture of Xin'an Prefecture." Yan Yangtian said slowly: "A prefecture in Annan is nothing compared to our Qing Dynasty's prefecture. Some prefectures are not as good as our county. This is the case with Xin'an Prefecture. Moreover, Xin'an Prefecture is basically a mountainous land and has not encountered decent resistance at all. It has destroyed all the way, and the casualties are all minor injuries caused by non-combat."

Feng Renxuan also reported on these situations, but Feng Renxuan was born as a scholar, so Yi Zhizu was really worried. After hearing Yan Yangtian said this, he felt completely relieved and asked: "What is the situation of the new recruits in Annan?"

"As of now, Guangzhou has transported 1,500 new recruits to Annan."

During this period, Shanghai was also transporting new recruits to Annan, but less than a thousand. After all, Guangzhou could send a fleet to Annan under the name of transporting supplies, and Shanghai could only take advantage of the opportunity to transfer new recruits to Dinghai. After pondering for a little, Yi Zhizu said: "Take it slow, don't worry, Annan's war will not end in a short period of time."

"I understand."

"Yeah..." Yi Zhizu pondered for a while before saying: "Tell Feng Renxuan and let him clearly announce that all territories occupied by Yuanqi Group will be exempted from all taxes."

After hearing this, Yan Yangtian was stunned and said in confusion: "If you don't collect taxes, why are we going to attack Annan?"

Yi Zhizu smiled and said, "If you don't collect taxes, you can gain the support and strong support of the people of Annan by training, minimizing casualties. Besides, we didn't take that tax seriously, tell him to strictly enforce military discipline, but have resistance and severe suppression!"

"yes!"

"Go and do your business." Yi Zhizu said: "Let Manager Kong come in."

As soon as Kong Jianan came in, he bowed and smiled, "The shopkeeper is back. I am very upset when I come to investigate the dividends during the accounting period."

"Sit down and say." Yi Zhizu smiled and lit a cigar before asking: "How are you talking to the agent of East India Company in Guangzhou?"

Kong Jianan shook his head and said, "Their conditions are a little harsh, and the interest rate can never be lowered." As he said, he was shocked, "Didn't the shopkeeper want to borrow money to pay dividends, right?"

"Where do you want to go?" Yi Zhizu smiled and said, "If you really want to borrow money to pay dividends, why don't Yuanqi lose his reputation?" After a pause, he continued: "Borrowing from the English Bank is because the lending interest rate in the English Bank is low, and the economic crisis in the UK has broken out in recent years. Bank funds are eager to find a way out. Since the agency bank is inappropriate, it is ignored. The Beijing-Hangzhou Railway will be launched this year, and some banks will cooperate on door-to-door basis."

After hesitating, Kong Jian'an said: "The interest rate of the agency bank is a little higher, but the loan is real money. I heard that the English Bank lends in banknotes and pounds. The loan cycle of our long..., will there be risks?"

"There will be no risk." Yi Zhizu waved his hand and said, "Whether pound or silver, it is essentially just currency. As long as England does not die, the credit of the pound will not be problematic and there will be no problem."

Kong Jian'an nodded and said, "If we Yuanqi can issue paper money, we will not be under pressure."

"You can't do whatever you want when you issue paper money, and there is still pressure." Yi Zhizu said slowly: "If we want to develop rapidly, we will inevitably face a huge funding gap. It cannot be compensated by issuing paper money. Moreover, issuing paper money requires strong support. With Yuanqi's current strength, he does not have the ability to issue paper money. Let's talk about it for a few years." As he said that, he changed his mind, "Can Hongji open a semicolon?"

"It was opened last month." Kong Jian'an smiled and said, "Because of the Hongji Coal Mine, the trade between Guangzhou and Annan has surged. If the semicolon is not issued, the maritime merchants will have their opinions."

In recent years, Guangzhou has grown sharply, both domestic and industrial coal, which has greatly stimulated the mining and transportation of Hongji Coal Mine. The scale of the maritime coal transport fleet is also getting bigger and bigger. These coal ships will naturally not be empty to Annan, but will carry large amounts of daily necessities and luxury goods that are popular in Annan, which has greatly increased the trade between the two countries.

Yi Zhizu nodded slightly and said, "Because of Hongji Coal Mine, from next year, Yuanqi may pay 500,000 taels of silver to the court a year. We must try our best to stimulate coal consumption, support related industries, and try to collect trade taxes in Hongji..."

"Five hundred thousand taels of silver a year?" Kong Jianan was shocked. Isn't this a loss?

"Don't be so heartbroken, I can't bear to bear the child and can't trap the wolf." Yi Zhizu smiled and said: "For Yuanqi, this silver is to buy territory, and most of Xin'an Mansion will be transferred to Yuanqi for this. In the future, with the opening of the railway and the development of sea transportation, the mining volume will become larger and larger, and there will be no loss.

Moreover, the significance of this money is far more than that. For this income, the court will annex Xin'an Prefecture without hesitation and firmly control the land. After tasting the sweetness, it is very likely to stimulate the court's ambition to expand to Annan and Southeast Asia. This is a rare good thing for Yuan Qi.

The biggest and most direct advantage is that Yuanqi can recruit mining workers in Hongji, form a mining protection team, and strengthen the Yuanqi team's training strength. I am afraid that the court will not want this money."

"I heard from the big shopkeeper that this money is worth a thousand dollars." Kong Jian'an flattered him, pulled the topic back, and said tentatively: "Big shopkeeper, where does the cash bank for dividends for the period come from?"

"Who said that you want to pay dividends in cash?" Yi Zhizu glanced at him and said slowly: "Not to mention that there is no cash, you can't pay dividends even if you have cash. Now that the court is so poor, Yuan Qi can't show his wealth."

Kong Jian'an was confused, "No need to pay dividends in cash, so what dividends are?"

Yi Zhizu said crisply: "Write an IOU."

IOU when I paid dividends during the period? Kong Jianan said in a lost voice: "Won't Yuanqi become a big joke yet?" After saying that, he muttered softly: "It's better not to pay dividends and push it out for another period later. Yuanqi spent a huge amount of money to assist the court in fighting the British. Who in the world knows that if you don't pay dividends, no one has any objection."

Yi Zhizu glanced at him and then said slowly, "I don't want to push the issue back again, but I can't push it back again. If I push it back again, people may be distorted. Not everyone is willing to share the worries of the court, nor is it that everyone can see in the long run.

Yuanqi has developed rapidly and is famous, but he has donated huge amounts of money to form a group training and spent a lot of military expenses to fight the British in Liangjiang. I am afraid that many shareholders will have opinions. If I had not been promoted as the shopkeeper and became a first-class viscount, the admiral of the Nanyang Sea would have long since jumped out of publicly questioning.

Besides, I don’t share dividends for the two accounts and the shopkeeper is also boring. More importantly, Yuanqi’s current scale is far from enough, and he still needs to constantly attract new shareholders to join. Without a good reputation, how can he attract people to join?”
Chapter completed!
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