Xinshun 1730

Chapter 942 South American Trade Zone

In the next few days, they discussed the issues of Indian trade, the issue of taking over the Persian Dutch East India Company's storehouse, the issue of the company's maximum profit dividend and high accumulation policy, the exchange of bank notes and silver ingots, and the issue of Cape Town Set up supply stations and supply stations for pirates in Madagascar; share dividends in Amsterdam and the Netherlands; the board of directors should have jurisdiction over business intelligence agencies; shareholder share ratios and the separation of professional managers' decision-making groups, etc.

Three people must have my teacher, this is right.

But whether other people's policies should be fully learned requires specific analysis.

Just like the British East India Company's wonderful "one share system", not to mention that this policy itself is wrong, the standard is neither capital nor feudal, it is a fusion of capitalism and feudal guilds.

Moreover, the policy of the British East India Company itself is right to fight against the government parliament and the royal family, in order to prevent the aristocrats with high share capital from seizing control of the company. Equal to the superior and superior to the inferior.

However, it is impossible for Dashun to have this opportunity. The imperial court will think that this company is going to die.

There are also many policies of the Netherlands in Southeast Asia. On the one hand, it is because of the short-sightedness of Dutch businessmen, and on the other hand, it is also because of the underpopulation of the Netherlands in Southeast Asia.

On Dashun's side, since Liu Yu is here to support it, there will be no [-]-[-] split between the Dutch company and the inter-provincial assembly government; nor will it consider the special policy of Southeast Asia's underpopulation.

In short, the ultimate goal of this meeting can be considered to have been achieved, and the "transformation of the East India Company model" has been completed in the company system.

this point is very important.

Although at the beginning, the purpose of all shareholders participating in the meeting was to know how much they had earned.

However, I was gradually attracted by various discussions of "seeing the world with my eyes open" and "seeing the similarities and differences dialectically", and even gradually weakened the eagerness to know how much I earned.

It was not until the last day of the conference that Liu Yu was very happy to make the financial report of the first business of Xiyang Trading Company.

The results are gratifying.

The main profitable market of Xiyang Trading Company is mainly divided into four regions.

Nanyang Trade Zone.

India and Persia trade zone.

Africa and South America trade zone.

European trade area.

What surprised these shareholders the most was the trade volume between Africa and South America.

Dashun did not have a colony in Africa, but as early as when Mantou was ordered by Liu Yu to go to Sweden to investigate the sea route, he had already started contacting the pirates in Madagascar.

Waiting for the Western Trading Company to be formally established, the self-appointed pirate king of the Pirate Republic of Madagascar, John Basho, also known as John Plantin, began formal cooperation with Dashun.

Dashun's Western Trading Company has caught up with the "dividend of the times" by stepping into Africa and South America this time.

Historically, John Basho's transformation did not take place until after the end of the War of Austrian Succession.The direction of his transformation is the slave trade.

So far, there is an island named after him on the coast of Sierra Leone, Plantine Island.At that time, the slaves in Sierra Leone had to be packed and picked on this island.

The important reason why he was able to transform was that Britain did not win the Jenkins Ear War and had to sign the "Madrid Treaty" with Spain. Britain gave up its "obligation" to exclusively transport slaves to the Spanish colonies.

Of course, the reason why he ran from the Caribbean to Madagascar is also because of the times.

For one thing, the Caribbean region has been cracking down hard a few years ago. Privateers, navies, and cruise ships with privateering licenses from various countries have to deal with pirates, attack hard, and hang if they grab it.

Second, around 1720, Austria, Holland, Denmark, Switzerland and other countries all began to trade.Trade with China must pass through the waters near Madagascar.

The value of robbing an oriental cargo ship is higher than the value of robbing a Caribbean cargo ship, and this is also the "three-way zone" in China and Europe, which are capable of encircling pirates.

Some old pirates didn't know how to transform, didn't recognize the new situation, and still hang around in the Caribbean.Dead or dead, finished.

But John Basho changed his thinking in time, broadened his thinking, and ran to Madagascar.

Historically, his status as a businessman was higher than that of a pirate, and he was a pirate businessman with more business acumen than the previous Madagascar pirate king Baldrige.

The previous Pirate King Baldrige was so stupid that he didn't even understand the principle of "rabbits don't eat grass beside their nests". Watching the slave trade make money, he immediately caught the local slaves in Madagascar, but was driven away by the locals.

The new pirate king, John Basho, at least understands the reason that rabbits don't eat grass beside their nests, and he regards Madagascar as one of the three caves of the cunning rabbit.

Madagascar has a strong pirate tradition. Many "excellent" former industry leaders, either failed to win in the Caribbean, or were too old to compete in the Caribbean, have come to leave blood.

The pirates in Madagascar tried to cooperate with the Swedish East India Company before, because many of the earliest pirates who settled in Madagascar were Nordics-the descendants of these Viking pirates were the losers of the competition in the Caribbean, and they could not beat the Dutch organization. The Jewish Zion pirates can't beat the professional British and French privateers.

Liu Yu has been eyeing this group of people for a long time and has contacted them before.

These pirates have wild paths and wide connections. Taking advantage of Madagascar's geographical location, they have a very wide range of smuggling routes. After all, they have to sell stolen goods.

Since this person can transform into a well-known South American slave trader in history, he can be regarded as an excellent "potential stock".Liu Yu also took out a part of the shares and resold them to him. This John Basho can also be regarded as a shareholder of Dashun Western Trading Company.

He is in charge of the smuggling trade on the coast of West Africa and South America, and now he has successfully transformed. The "Rand Bay Pirate Republic" he built himself has been renamed "Rand Bay Commercial and Trade Republic".

Not only was the transformation successful, but Dashun Western Trading Company also quickly took advantage of the opportunity that the Austrian Succession War had not yet ended and the Anglo-Spanish War was still going on, and seized a large part of the trade in South America and West Africa.

A lot of cotton cloth from the British East India Company was sold to Africa because there was a cotton cloth ban in the country.On the other hand, Dashun detained the British ship on the grounds of the opium case; France was still fighting the British in India, which made the British East India Company not get enough cotton cloth in recent years.

Taking advantage of this opportunity, the Western Trading Company of Dashun cooperated with the pirates in Madagascar and basically seized the import of cotton cloth trade products in West Africa, as well as the supply of weapons, lead bullet trade, iron pots and other daily necessities of West African tribes.

In South America, with the end of the Anglo-Spanish War, the dawn has come.

Originally, Spain did not allow Britain to trade slaves, after all, Spain was not capable of doing this by itself.

For the royal family, it doesn't really matter who sells slaves, the key is to pay the tax.

The main reason for the unhappiness between the two sides over the slave issue is that British businessmen have a bad "tradition" and always think about tax evasion.

There is one thing to say, British businessmen like to evade taxes and smuggle this habit, from North America to East Asia, it is really a tradition.

A slave had to pay a "tariff" of 33 pesos, but the British not only refused to pay, but also refused to pay the Spanish royal family the franchise fee.

The meaning of the Spanish royal family is, you see that you have an exclusive monopoly on the slave trade in South America, is this considered my shareholding?I use the administrative power of the country to invest in the shares and allow you to monopolize the slave trade in the South American colonies. How can this be worth 20 pesos of equity?I don't want any dividends either, just give me the 20 pesos directly.

But the British not only did not pay the tariffs, they did not even give the agreed 20 pesos share capital.

Spain's colonial trade policy is actually somewhat similar to Dashun's previous tribute trade.

The problem is that Dashun can do this, and can not allow any ships from other countries to trade in Nanyang, and there will be no shortage of things in Nanyang.

There is no product that Dashun cannot produce but Nanyang needs—no matter what it is, if Dashun does not have it, there will be no other place.As for nautical clocks and other things that Dashun cannot produce by itself, Nanyang does not need them at all.

And if Spain does this, it means that it has no batch number for its own handicraft industry.

So for the royal family, it is not impossible to buy foreign goods, and the colonies also have to wear clothes, drink tea, and pay taxes.

The key is that the British do not pay taxes, smuggle, and owe the 20 pesos monopoly money agreed upon by the King of Spain at the beginning.

As long as Dashun establishes a relationship and guarantees to pay taxes, Liu Yu feels that it is still possible to squeeze into the South American market.

The Battle of Jenkins' Ears, broadly speaking, was due to the trade conflict between Britain and Spain.

According to the British, it was the Spaniards who viciously and cruelly cut off the ears of British citizens.

But the British were not telling the truth.

Relying on the right to speak only tells half of the truth.

The real trigger was Matthew Provis, the chief accountant of the British company, who defected to Spain because of intrigue within the company.

The defection of the company's chief accountant is fatal to any company specializing in tax evasion.

So on November 38, 11, the Spanish government officially notified the contracting company of the British slave trade, which was actually bankrupt but whose shares were transferred to the Bank of England and the East India Company's foam company, the South Sea Company: to hand over the slave trade books over the years.

Hand over the account book, check the accounts, count tax evasion and tax evasion, and pay back taxes.

It doesn't matter whether the ears are cut or not, the key is to check the books, which will inevitably incite war.

Anyway, the government pays for the war, and the people pay for it.

Pay the account book and pay taxes, but the company shareholders pay the money,

Thousands of Qiuba died, and even these Qiuba got more than 1000 scurvy before leaving the port. What is it?

The South Sea Company was also run by the Tory Party, so it could just take this opportunity to attack the Whig Prime Minister, saying that he was cowardly and incompetent, weak to the outside world, betrayed national interests, and allowed his legal citizens to be humiliated by Spain.

The intelligence collected by Liu Yu over the years can be considered to have figured out the ins and outs of these things and the trade policy of Spain, so he decided that Dashun has every chance to get a share of the South American trade.

Give the royal family 20 pesos, equivalent to about 13 taels of silver, and buy 30 years of South American trading rights. Even if you don't sell slaves, this is still a lot of money.

Dashun Western Trading Company has strong capital, let alone 13 taels, even 30 taels, and the shareholders will never object.

Besides, Dashun Western Trading Company is not afraid of paying taxes at all.

The Spanish royal family is very poor, and the price is 12.5% ​​tariff, plus 5% net profit.

This may seem high, but for tariffs, the wool comes from the sheep.Moreover, the goods from Dashun can definitely support 5% of the net profit - just make fake accounts, the court can issue a tax bill, and then refund the tax subsidy.

Even if they didn't make false accounts, it was because the Celestial Dynasty fell asleep before and was unable to ship goods to South America.As long as you are sober, even if you don't make false accounts, the conditions offered by the Spanish royal family will be profitable for Dashun's handicraft industry, and it can definitely be contracted.

Dashun is really not afraid of the 12.5% ​​tariff, only afraid that it will not give the ship the opportunity to stop at the port. Under the 12.5% ​​tariff, Dashun's goods are still extremely competitive - with a 96% cotton cloth tax, Jinling cloth and Songjiang cloth can still be sold in the UK.

So Liu Yu first cooperated with the pirates in Madagascar, taking advantage of the opportunity of the Anglo-Spanish war to explore the way.

That is to take advantage of the opportunity of the Anglo-Spanish War to fill the gap in the smuggling trade and seize the market previously occupied by British companies.

Once the war is over, you can immediately become a regular.

Because there is already a market.

Money should be paid, taxes should be paid, and the colonial customs officials on the Spanish side are notoriously corrupt. Dashun businessmen understand the meaning of bribery best.

After all, during the Anglo-Spanish War, Dashun was also qualified to participate in the negotiations. At the beginning, I wanted to allow the British to occupy the Philippines, so I let the port be resupplied to the British, so that it would be easier to fight back in the future, so as to avoid a war with the British. It is also because of the face of Spain, an ally in the war, that it is not easy to attack the ally.

It's just that the plan didn't change quickly. Once the opium case came out, Liu Yu was forcing the British East India Company to go to India again.

Now it seems that as long as the British East India Company is not stupid, it is impossible to hold the hot potato in the Philippines.

It was of great significance to hold it in the hand, and it can be used as a tentacles to break the monopoly of Dutch spices; now it is held in the hand, Dashun has a lot of tricks to deal with the British, and the East India Company will feel very uncomfortable now if it cuts off the tea trade.

Therefore, Dashun can come forward to "mediate". After all, regarding matters in East Asia and Southeast Asia, Dashun is still qualified to say: within the traditional sphere of influence of the Celestial Dynasty, nothing can be done without the approval of the Celestial Dynasty.

Britain's capture of Luzon in Guangzhou has proved this point; and Dashun's voyage to Nanyang undoubtedly deepened this impression.

In this way, the transformed pirate group can take advantage of the vacuum period to fill the vacancy in the smuggling market in Africa and South America, and can become a regular at any time.

You can also use the Luzon issue to be a good person, by attacking Portugal, temporarily supporting Spain to occupy Luzon and asking Britain to return these two points, as well as Dashun’s pro-French foreign policy, or signing a secret agreement with Spain to guarantee that Britain and Spain will go to war again The method of Dashun's support was to obtain the "legal trading rights" of the Spanish colonies in South America.

Of course, looking at it now, the trade volume at the beginning was not too large, and the filling period and expenses were also large.

Dashun will never sell black slaves, and does not want to touch these things that will bear the original sin in the future. In addition, it is a newcomer, so the profit from South America only replaces the profit of a large British smuggling ship before the war on average every year, about 28 million pounds, about 84 taels of silver.

In fact, the gross profit is higher, because 7 pesos, or about 4 to 5 taels of silver, were bribed to Spanish officials.

Dashun also learned the methods of the Dutch, bribed them to write IOUs, and came back to reimburse them.

This doesn't work in Dashun, officials in Dashun will feel that this is an insult to themselves, and they have to write receipts when they ask for errands and gifts?
But it seems to be very popular here in Europe, where you have to write a receipt for bribery.

However, because of smuggling, even though 7 pesos were paid in bribes, the actual profit margin is still very high.

And because the goods are purchased directly from Dashun, there is no need to go to London to pay taxes before leaving the port like British companies. In fact, the profit margin is much higher than that of the British. The profit margin is about 65% after deducting freight and bribes.

And there are also the monopoly expenses of the Western Trading Company to be handed over to the imperial court, naval construction donations, port construction, garrison expenses, etc. Although the money is spent in Nanyang or Dashun, it must be equally shared in the South American and African trade. The profit margin after that is about 35%.

Even if the legal trade in the future gives the Spanish royal family 5% of the net profit, it doesn’t matter if the tariff is on the sheep. It can still maintain a gross profit of about 60%, which is still profitable after deducting the equalized accumulation.

(End of this chapter)