Chapter 1369

The old Cecil Rhodes was the Prime Minister of the Cape Colony back then, so it is normal for the Cape Railway to have shares of the Rhodes family.

The railways built after the establishment of the Southern African Federal Government also have shares in South African companies. Many railways are even jointly invested by Rock and Stoudemire. Therefore, Rock and Stoudemire really have the right to decide on this issue.

If Roque and Stoudemire did not agree to nationalize the railways, even Philip could do nothing.

As Roque expected, after Roque relayed Stoudemire's opinion to Philip, Philip also resolutely opposed it.

"Setting up a commercial company to operate the railway, that's the same as before, Locke, don't think I want to nationalize the railway for my own political achievements, I'm clearing the way for you, Alfred and I are old Now, the future of southern Africa belongs to you young people." Philip said with earnestness, and he was ready to be scolded.

It's an amazing fact that in southern Africa, if a big company does something wrong, people are mostly used to it.

And if this kind of thing happens in a government agency, then people must get to the bottom of it and hold them accountable.

The same is true for railways. It is normal for railways operated by commercial companies to have low efficiency, poor service and high prices. It is unacceptable for the same thing to happen to railways operated by the federal government.

The Palace of Justice has just undergone a renovation. In addition to the portrait of King George V, there are also photos of Adelaide and Philip hanging in Philip's office. Rock feels that Philip's photo seems to be bigger than Adelaide's photo.

May be an illusion.

"Philip, there is no need for this. In fact, if the federal government wants to increase revenue and participate in dividends, it will be more effective than government-led." Rock is most worried that once the railway is nationalized, not only will it not achieve Philip's goal, but It will make the federal government fall into an even more embarrassing situation.

Relatively speaking, Rock is still more inclined to Stoudemire's plan. The federal government can share dividends, but not participate in the operation. In that case, the railway company can even set a minimum standard to guarantee the federal government's benefits.

"If we set up a national railway company, we can hire professional managers and operate the railway in full accordance with market rules. The federal government can get a certain percentage of dividends every year, which is good for all of us." Rock is not worried about the interests of passengers Suffering losses, if the price of train tickets is too high, people will naturally choose a more suitable way of travel.

Unlike the railways in Rock's memory, the railways in southern Africa are more responsible for freight transportation, and people rarely choose railways for travel.

This is also related to the actual situation in southern Africa. There is no annual wave of migrant workers in southern Africa. Most of the factory workers come from neighboring countries and regions, and they only go home once every few years, so they will not take up too much public resources.

"Lock, I know what you are worried about. The nationalization of the railway will not affect your position in Nyasaland." Philip was in a bad mood, and Rock's reaction was beyond Philip's expectations.

"No, no, this has nothing to do with Nyasaland." Rock disagreed with Philip's words.

Compared with Philip, Roque is very clear about the advantages and disadvantages of government leadership. Philip is only imagining it, but Roque has already verified it in Nyasaland.

Nyasaland's railway system was originally led by the Nyasaland State Government, not Rock's private property.

As a result, with the development of the Nyasaland Railway, various problems came one after another. The organization was bloated, the cost was high, the efficiency was low, and the passengers complained.

After that, the Nyasaland State Government established a commercial company to conduct commercial operations on the railways in Nyasaland.

After the reorganization of the railway company, the effect was immediate. The service level was significantly improved, the efficiency was gradually improved, and the cost was continuously reduced. It turned into a profit that year.

However, the situation in Nyasaland is different from that of the federal government. Rock has absolute authority in Nyasaland, and he promises everything he says. However, there are many contradictions within the federal government, and it is difficult to reconcile the interests of all parties. There will be new ones at that time. problem occurs.

"Then what are you worried about?" Philip was also helpless. If Roque disagreed, this proposal would definitely not be passed in Congress.

"There are a lot of worries, Philip, you may not know that even the Nyasaland Railway is actually not making money." Rock said frankly that this matter is normal, and Rock has never been involved in public affairs related to people's livelihood. Making money is not just transportation, but medical care, education, electricity, and postal services. Roque, including the Nyasaland State Government, is actually not making money.

Nyasaland has a well-developed heavy industry and has great advantages in military industry, automobiles, aviation, shipbuilding and other fields. Therefore, Rock has no requirements for the profitability of public utilities. Even if there is a small profit, he will continue to invest in later construction. This is Nyasaran's unique advantages cannot be achieved by other states.

The railways in the southern African states are really profitable, in fact, only a few states such as Cape, Rhodesia, and Dias. The railways in other states do not make money, and the railway companies even lose money.

It can’t be said to lose money. Southern Africa’s policies for railway companies are very good. When railway companies build railways, they will automatically obtain land management rights within [-] kilometers on both sides of the railway. After the land, the land and the railway are often separated, and a separate company is established to operate it, so it seems that the railway does not make money.

In fact, this Free Rock did not enjoy it. All the land in Nyasaland belonged to Rock.

"I know, and I also know why the Transvaal Railway is not making money." Philip's face was ugly. He had been the governor of the Transvaal for ten years and knew the situation in the Transvaal very well.

The reason why the railways in the Transvaal do not make money is also because of the interference of big companies such as Fawalt Steel and the South African Company. It is said that the train tickets in the Transvaal have not increased in price for more than 20 years, which is similar to that after the end of the Boer War. , but prices have been rising year after year, so it's no wonder that the Transvaal Railway can make money.

"So, does Henry agree with your decision?" Rock was curious, and Henry probably didn't have the big picture like Rock.

"Hmph, he has to agree if he doesn't agree." Philip estimated that he had already communicated with Henry, and the result didn't seem to be very good.

Regardless of Rock's Henry, Hamilton and Vincent have arrived in Pretoria and gathered at Stoudemire's home at night.

"The key to establishing a railway company is the profit sharing. The federal government wants as much as it wants every year. Too much can't do it." Hamilton is an old guy from the old Cecil Rhodes period, and he is now in his 70s and aging.

"The federal government wants 20.00%, or 20.00% five, I'm more inclined to [-]%—" Stoudemire sharpened his knife, the difference is a bit big.

"20.00% is absolutely not acceptable, then all the profits will be taken away by the federal government." Vincent is not yet 50 years old this year, and like Stoudemire is a rich second generation.

The old Cecil Rhodes and his generation were actually the pioneers of southern Africa, and Stoudemire and Vincent largely enjoyed it.

"After the establishment of the United Railway Company, the state railways can be integrated, and the profits will be further improved." Rock is inclined to establish the United Railway Company, but the request is the same as that of Stoudemire, and he does not want the federal government to intervene too much.

As for profit, although Rock can make a little concession, it is different for Hamilton and Vincent.

Rock did not rely on the railway to make money, but Hamilton and Vincent did not have much financial resources. It is difficult for them to give up this part of the profit unless they can be compensated in other ways.

"Lock, how much do you want?" Stoudemire took the initiative. Hamilton and Vincent had no say in Rock, and only Stoudemire had the right to talk to Rock.

"How about 15.00%?" Rock made a compromise. This is equivalent to a railway company covering the whole country. The federal government takes shares in the railways in Transvaal, Orange, Dias, and Victoria 15.00%, the federal government is actually at a disadvantage.

Of course, this account cannot be calculated in this way. The railway network in Dias and Victoria is not perfect, and it will definitely need to continue to invest in the future.

The railways in the Transvaal and Orange do not make money. After the establishment of the United Railway Company, it is equivalent to the federal government getting rid of bad assets, which is also good for the federal government.

Stoudemire secretly weighed, Hamilton and Vincent had eye contact, Hamilton was full of worries, but the greed in Vincent's eyes was fleeting.

"I think it's okay, if the federal government promises not to intervene in the operation of the Consolidated Railway Company." Stoudemire can still take care of the overall situation. In fact, he does not rely on the railway company to make money. Earn less.

Compared with heavy industry, the investment in agricultural products is small, the return is high, the risk is low, and the economic benefits are quite good.

During the economic crisis that just passed, the profits of South African companies have not been greatly affected, and they have maintained a stable income.

Now that countries are gradually recovering from the economic crisis, the demand for agricultural products is increasing, and the income of South African companies is also rising.

Relatively speaking, the military industry in southern Africa has been greatly affected. The arsenal under the Nyasaland military industry has been severely underoperated in the past two years, and it is actually losing money every year. Rock also has to work hard to promote the transformation of the arsenal. Save strength as much as possible and wait for the next world war.

"So, how should our shares be divided?" Vincent asked the most critical question. The federal government can say that the interests of their group of people also hope to be guaranteed.

"Of course it is divided according to the actual capital—" Stoudemire was blunt, and made concessions to the federal government. It was for Rock's sake, and Hamilton and Vincent were fine.

They lose face here at Stoudemire.

(End of this chapter)

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