Back to Ming Dynasty with Industrial Revolution System

Chapter 238 War Bond
"I, Wang Changyuan, have achieved today's scale thanks to the care of the adults in the past two years. Now the adults need funds to expand the military, and I can't stand by. I am willing to give 10 taels of silver for military use." Wang Changyuan, a businessman from Wuhu, said first.

Many businessmen were in an uproar.This time, it is not buying land or resources with silver, but investing it in a bottomless pit of armaments, and it is impossible to predict what the future returns will be.

"Okay, okay, I also want these silver taels for nothing. As long as they are businessmen who finance the construction of the navy, they will issue war bonds according to the amount of funds contributed as a certificate, and they will return the principal with interest after five years." Chu Yun said again, "Of course, the interest may There are relatively few, but good steel is used wisely, investing in the navy can not only protect the safety of everyone on the route, but also don’t have to worry about losing money.”

Can you get your money back after five years?The businessmen felt much better when they heard what Chu Yun said, and they treated it as a five-year time deposit.The Liao Army's territory is so large, it should not be denied.

"I paid 3 taels of silver to buy war bonds."

"I offer 1 taels."

……

With Wang Changyuan's unconditional trust, other businessmen also purchased this new type of financial instrument.

According to Chu Yun's plan, war bonds will be issued for a long time to solve the problem of armament expansion.

"Mr. Wang, thanks to you this time, otherwise the implementation of war bonds might be a little troublesome." Chu Yun left Wang Changyuan alone.

"My lord, please don't say that. If your lord hadn't opened up the trade routes with Korea and Dongying, so that our merchants can travel unimpeded in the North Sea, I wouldn't be where I am today. Moreover, the large number of industrial products produced in southern Liaoning have made our merchants more competitive. Korea, Japan, Southeast Asian countries, and even the residents of the southeast coast flock to our products, and they are even willing to buy some products from us at five times or ten times the market price." Wang Changyuan talked about trade matters , all of a sudden.

"Five times ten times? This profit rate is astonishing. It seems that our tariffs and commodity taxes are still less." Hearing some information disclosed by Wang Changyuan, Chu Yun couldn't help feeling the amazing profits of ocean trade. No wonder even under the sea ban, Merchants will still risk their heads to smuggle.

"My lord, please don't. Although the profits of some products are astonishing, most of them are not so exaggerated. The products with huge profits are almost impossible to produce in other places, or the quality is far from our good products." Wang Changyuan was captured by Chu Yun was taken aback when he said that the tax rate would be raised.

If Chu Yun really changed the tax rate because of his casual remarks, he would definitely be cast aside by other businessmen of the Far East Trading Company.

"I'm just joking. The adjustment of the tax rate is a major event and should not be taken lightly." Chu Yun laughed, "Have you encountered any difficulties in trade recently?"

"Well, it's almost the same as in previous years, and there is no major difficulty...Speaking of which, when I was trading in Korea and Dongying recently, I encountered protests from the handicraftsmen of the two countries, and they were somewhat resistant to our products. Especially in Germany The Sichuan shogunate seems to be a little disgusted with the large-scale influx of our goods, but they have nothing to do with us for the time being.” Wang Changyuan mentioned the trade situation in this area, and specifically mentioned the Tokugawa shogunate.

"Why do they have nothing to do with our businessmen?" Chu Yun was a little surprised. The businessmen of Daming seemed to be trying to solve the problems encountered in the trade in private.

"Your Excellency, of course we want to use this." Wang Changyuan gestured to Chu Yun with a gesture of Yinliang, "But wherever the goods are dumped, we will buy their daimyo, samurai class, and officials. There is nothing that Yinliang can't solve. The shogunate Even if they want to attack us, these people who have been favored by us will obstruct it. For these landlords, they don't consider the interests of handicraftsmen. They just want the people to become their tenant farmers and settle on the land safely. produce food for them."

These veterans in business are really powerful.Chu Yun was secretly startled. Speaking of which, not many people could resist the temptation of Yinliang.

"However, this can only relieve the urgent need. When the Tokugawa shogunate realizes that our products occupy their market on a large scale and affect their status, maybe they will counterattack." Chu Yun said.

"At that time, there will be Lord Lao, won't you?" Wang Changyuan said to Chu Yun meaningfully.

"Hahaha, you businessmen, I really love and hate you." Chu Yun laughed dumbly.

This time, the war bonds were sold from merchants, and the financing amount was about 30 taels, which could build several more warships.However, it is not enough money to build a super fleet capable of dominating the East China Sea and Southeast Asia.Fortunately, this is only the investment of businessmen staying in southern Liaoning this month. There are also a large number of businessmen from Far East trading companies active in the southeast coast and Southeast Asia who will invest in the navy.Although the investment of merchants cannot fully cover the expenditure of naval expansion, it has greatly reduced the financial burden.As for the repayment of the principal and interest after five years, at that time, I would be able to repay the financing amount just by sending the navy to plunder the resources obtained.

"Let the Ministry of the Navy draft a detailed military expansion plan and hand it in next month. If it is suitable, let the first shipyard and the second shipyard produce various warships." With the start-up funds, Chu Yun has the confidence to expand the army. Confidence, let Chen Ting go down and make arrangements.

"Speaking of which, the grain is about to be harvested. This time our grain production is quite impressive, right?" Chu Yun became concerned about grain again after checking the finances.

"The military leader's judgment is correct. Due to the use of Jinkela and the planting of new crops, and the implementation of the rotation farming system, our grain production this year is not only enough to survive the cold winter, but also has some surplus. Even if we start a war It can support an army of 3 people for one month." Chen Ting said.

"Can it support 3 people to fight for a month? Well, after this year's harvest, leave the grain for winter and the seeds for next year, and the rest of the grain will be used as war preparations to prepare for war."

"Ah? Commander, do you really want to start a war? It's not easy for us to have some food surplus. Last year, we survived the crisis by buying food from overseas. This year, we are self-sufficient." Chen Ting looked sad.

"If it is not enough, we will continue to buy grain from Korea, Dongying, and Shandong. Anyway, grain is a hard currency, and no matter how you look at it, you will not suffer a loss." Chu Yun said.

"Hey, the military master doesn't know how much money is expensive if he is not in charge of the family. Liaodong, as a newly recovered territory, needs to spend money everywhere. His subordinates are walking on thin ice. Every night before going to bed, all they think about is how much silver is left in the warehouse. Even recently, The imperial court has sent people over to urge us to pay our taxes."

(End of this chapter)