Back to Ming Dynasty with Industrial Revolution System

Chapter 1415 East India Company Reorganization
The director of the East India Company wiped the sweat from his forehead with a handkerchief. Chu Yun was too direct, without embellishment at all.

The only way to seize the land rent rights from the Indian princes is to launch a war, support, win over, and suppress those princes, so that they will willingly hand over the land rent, accept the protection of the East India Company, and use the hard-earned money of the people under their rule to pay for it. The East India Company feeds a huge mercenary army!
"Therefore, I suggest that the East India Company should establish a war committee with the East India Expeditionary Army to be responsible for training mercenaries, alienating and wooing Indian princes, and deciding to launch a war. The war committee is a dual system, and the governor and the commander of the dispatched army conduct simultaneous In the final decision, only when the two people have the same opinion can they start a war in East India. When the two people disagree, it will be reported to the military department and I will make the decision myself," Chu Yun said.

The directors of the East India Company glanced at each other, and one of them said: "We have neglected the major event of war, and we will add this department to the report later."

"Of course, what I mean is not that we will immediately occupy the land lease rights of the Indian Peninsula, but it can be used as a clause in a war treaty. We should not reveal our ambitions until the local mercenaries grow up, and we can ask for it at the beginning. A little less, and then slowly ask for more land rent. When they find out and resist, we will win over their enemies and divide their generals. As long as people don’t starve to death, there will always be people who are willing to accept harsher conditions... cut Don't let all Indian princes stand in front of us at the beginning." Chu Yun said.

"My lord is really wise and mighty..." The people from the East India Company were sweating profusely.

They thought it would be enough to steal the other party's customs duties and invade the local market, but Chu Yun didn't even spare the Indian maharaja's last job.

"The East India Company will legally own two armed forces, the Tubang mercenaries and the armed merchant fleet. The scale of the Tubang mercenaries will expand to 10000 within three years, and the armed merchant fleet will purchase 30 sailing armed merchant ships to complete the escort, Patrol and other tasks. Armed merchant ships are purchased from Jiangnan Shipyard and Guangdong Shipyard, and are uniformly equipped with 24 artillery pieces. The money is temporarily provided by Kyushu Bank as a loan, and the East India Company will repay the principal with interest after the East India Company makes a profit.” The director said about the East India Corporations build up their military forces within reason.

Although the East India Company and the Bank of Kyushu are both government properties, and it is nothing more than the transfer of money from the left pocket to the right pocket, the internal institutions are still clear about accounts.

"Our military department will add 700 soldiers to the East India Expedition this year, train mercenaries for the East India Company, and take action when necessary." Chu Yun added.

In this way, three years later, the East India Company will have 1000 regular soldiers plus 10000 native mercenaries in Bangladesh, and there will be no problem even going deep into the hinterland for expeditions!

"With the help of the military, it must not be difficult to conquer the princes of the East India Company." Several directors of the East India Company felt that they were sure.

Even the Mughal emperor's army was defeated with an army of 3500 people. How many princes can match the East Indian mixed army with 11000 people?
Afterwards, everyone discussed other matters concerning the reorganization of the East India Company, involving the selection of governors, managers in various places, the establishment of factories, and the construction of naval bases in Calcutta and Mumbai.These two naval bases are not only prepared for the fifth fleet to be established in the future, but also the armed fleet of the East India Company can also be used.

This is only the first draft of the reorganization plan, but the issues discussed have involved all aspects of the East India Company.An unprecedented huge company with the ability to plunder the resources of the South Asian subcontinent was born.

The reorganized East India Company partly continued to use the British governor system, but the power of the governor was reduced, and the real driving force behind it was the state machine.

This essential difference meant that the East India Company was reborn.The East India Company is no longer a trading company organized by ordinary merchants, but a part of the state apparatus that is disguised as a company but actually owns an army.

The two soy-sauce British directors couldn't intervene throughout the whole process. The East India Company was already the property of the Chinese government, and they just came to supervise and ensure that the remaining [-]% of their shares received normal dividends.As long as the other party does not deprive them of the right to dividends, they are happy to keep silent and let the major shareholders toss.

Although they did not have much right to speak, they were forced to learn Chinese and heard the huge restructuring plan of the East India Company with their own ears, and were shocked by such a plan.

"The new major shareholders are really crazy. They actually want to form such a large-scale army in such a short period of time. Their army can easily conquer any Indian prince!" After the reorganization meeting, the two British directors said: When I left the venue, I still couldn't believe it.

The East India Company has only been sold for a few years. Although it has not made any money compared to before, the speed of expansion has been greatly accelerated many times.What the East India Company might not have been able to do for decades or hundreds of years, it took them a few years to complete it!
"Our local army is not enough, let alone maintain such a large army in East India." One of the British directors said with emotion.

"Their side has a large population and is adjacent to East India. It really occupies the right time, place and people. It can't be compared, it can't be compared." Another British director also expressed the same emotion.

The two of them can only obediently serve as mascots on the board of directors. The growth of the East India Company is also a good thing for them, and they can get more dividends from the East India Company.

"I really didn't expect that I would personally create an East India Company in this era, and this new East India Company is even more amazing than the previous East India Company." Chu Yun came out from the lobby of the East India Company's headquarters and personally created the monster's The feeling is really indescribable.The emergence of a company more terrifying than the Mughal Empire will make life difficult for Indian princes in the future.

It was already sunset outside when Chu Yun came out, and he actually spent a day reviewing the reorganization of the East India Company.

Ella was waiting for him outside the lobby of the headquarters, looking around boredly, and stepped forward when she saw Chu Yun come out.

"Why are you here?" Chu Yun asked in surprise.

"My lord, I'm here to report to my lord." Ella pretended to be serious.

"Come on, let's talk about something." Chu Yun's expression softened a lot.

"I'm really here to report on my work. The intelligence personnel in the city of London have sent back news."

(End of this chapter)