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Chapter 1414 East India Company Reorganization

Chapter 1414 East India Company Reorganization
The reorganization of the East India Company is a recent major event for the Ministry of Household Affairs, and a special committee for the reorganization of the East India Company was also established.The directors of the East India Company's headquarters in Beijing were also busy preparing for the reorganization.

This reorganization is likely to determine the fate of the East India Company for the next 100 years.The goal of the reorganization is to allow the East India Company to operate more efficiently and gain more benefits from the Indian peninsula.

Under the pressure exerted by Chu Yun, the East India Company Reorganization Committee came up with a preliminary reorganization plan after half a month of busy work.

The meeting was held at the headquarters building of the East India Company in the capital, and the guards cleared the place in advance.

A total of twelve directors in the capital served as members of the committee, two of whom were also British directors.

When the East India Company was acquired, in order to annex the assets of the original East India Company, [-]% of the shares were left to the British. In the acquisition treaty, they required two seats on the board of directors. The East India Company currently has [-] directors, and the British only The decision-making power of two votes basically has no right to affect the major decisions and changes of the East India Company.But after all, it involves such a major event as the reorganization of the East India Company, so it is still necessary to find two directors from Britain.

"The first is the governance structure of the East India Company. Twenty directors are still set up to make decisions. Ten directors are stationed in the capital and Calcutta respectively. The board of directors in the capital makes major decisions and prepares budgets, and the board of directors in Calcutta is responsible for temporary decision-making and supervision. Another A governor conducts daily operations and management in Calcutta, and decides whether to launch a war to achieve the goal. In Calcutta, Madras, Goa, Mumbai and other important strongholds, a steward is set up to take care of it."

"In addition to the board of directors, governor, and stewards, there is also a board of supervisors and a supervisory committee to manage them and restrain the behavior of the governor and stewards. The supervisory committee inspects various strongholds every year."

"Secondly, it is necessary to collect customs duties on behalf of them. A special East India Customs Committee needs to be established to be responsible for collecting taxes on merchant ships from various countries trading in the East India. Similarly, the board of directors and the board of supervisors must supervise the customs committee."

"When expanding in the future, it is enough to set up a steward in each place. At the same time, the scale of the supervisory committee and the customs committee can be expanded with the expansion of the scale."

The directors of the East India Company took the lead in reporting the main framework of the East India Company, adopting a management model of separation of powers. The board of directors, board of supervisors, and supervisory committee were the actual decision-makers, while the governor, stewards, and customs committees were the actual managers.

"The company's structure solves the problem of how to make the East India Company operate effectively, and then how to make more money. In addition to the business stations set up in various places, the East India Company provides services for our Chinese merchants and merchants from other countries. In addition to service fees and storage fees, coal companies, grain companies, tea companies, jute factories, machine spinning factories and other factories will also be established separately, and they will take the lead in expanding in Bangladesh! It is expected to be fully profitable within five years, and its profits will be An unimaginable astronomical figure." The director of the East India Company couldn't help trembling with excitement when he talked about the prospect of the East India Company.

Bangladesh has a large population, which means a huge market. The establishment of so many companies by the East India Company means that it can expand the trade surplus by exporting goods and plunder the wealth obtained from the land by the local people!
"It is expected that the company will have three sources of income. The most important is import and export trade, followed by customs duties levied on merchants from various countries, and finally service fees for warehousing and other services provided by commercial stations for merchants from various countries. Expenditures include factories, land, and machinery. In addition, it is necessary to form a native mercenary, an armed fleet to protect the interests of the East India Company in the Indian Ocean, and maintain multiple merchant fleets for the turnover of goods from the Indian Ocean to the Southeast Asia and the mainland..."

"Wait a minute, the tariffs levied by the East India Customs should treat us Chinese merchants equally, and we cannot monopolize the trade by ourselves, even targeting our own people." Chu Yun interrupted the director's words and asked a question.

The East India Company, as an extremely powerful group in the future, if it becomes a trust organization, for its own profit, it goes crazy and even targets businessmen in its own country, which will violate its original intention.

"The company's customs committee needs to report to the General Administration of Customs, and under the supervision of the General Administration of Customs, it will not practice such a despicable practice of tariff discrimination against our own merchants. We will only practice tariff discrimination against merchants from other countries." East India said the director of the company.

Chu Yun nodded slightly. Everything in the East India Company is in the hands of the government, so it is impossible for the East India Company to go out independently, and it can take over the East India Company when necessary.

"There is another very important source of income that has not been mentioned." Chu Yun said.

"What income?" The director of the East India Company was puzzled.

"Ground rent! Although trade and customs are very profitable, land is the foundation, especially a huge agricultural country. If we can obtain the power to collect land rent from the local area, we can hire more soldiers locally, and the East India Company will also You can get profits beyond imagination." Chu Yun said.

The princes of India are fighting for territory, the purpose is to occupy more land and charge higher land rent!Agricultural civilization Land is everything, and it is also the one with the most tax revenue. At least half of the crops harvested by farmers on their own land are handed over to the prince!

The output of industrial land is generally higher than that of agricultural land, but the area of ​​agricultural land is much larger than that of industrial land.

If the power to collect land rent is seized from these princes, the income will be unimaginable. It is equivalent to that the farmers of the entire Indian peninsula are farming for the East India Company, and the East India Company can even act as a treasurer, letting the princes be responsible for managing and suppressing local farmers. , while counting the money behind the scenes!

"This idea is good, but the land rent is the fundamental interest of the Indian princes. Once we interfere with the land rent, it will offend their fundamental interests. They will not hesitate to turn against us." The East India Company obviously also wanted to plunder the land rent to grow East India Company, but it's dangerous!
"Then use the army to make them submit. The reason we spend so much money hiring local people as soldiers is not to help them solve their employment problems. After training enough soldiers, start a war and bully and lure those Indian princes and their generals. Some people will sell the land rent in order to keep their position." Chu Yun said calmly.

He raised a large number of native mercenaries not for charity!
(End of this chapter)

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