Daming: I, the emperor who trains the carpenter

Chapter 731 The Mongols came to Daming to go public for financing!
Apocalypse 12 years,
This is the second year of the industrialization of Daming.

With the completion of Chidao and its opening to traffic, the huge potential shown by Beijing-Tianjin Chidao and the profits it represents have attracted the attention of all interested people.

For a time, there was an upsurge of financing listings and building roads in all parts of Daming.

These upsurges have further impacted the current environment of Daming, and have completely impacted the conservative environment in the south.

The south is different from the north, although the south is undoubtedly the financial and taxation center of Ming Dynasty, especially the area in the south of the Yangtze River, which almost accounts for more than half of the world's money and food.

However, because the Ming capital was in the north and not in the south, the imperial court inherently lacked sufficient deterrent power to rule the south. Although Nanzhili also belonged to the capital, the forces left behind could not be compared with those in the north.

After all, one is the mainland, and the other is the front line against the nomads in the north. The elite soldiers and generals of the Ming Dynasty are all in the north. For the gentry and aristocrats in the south, the lack of a knife on their heads is naturally what they want to do.

This kind of influence cannot be eliminated in a short while. The Donglin Party, the landlord gentry, the wealthy merchants on the southeast coast, etc., have mixed with many forces, making the south the old party's stronghold.

The biggest reason is that the old party can safeguard their interests, so they are willing to help the old party stabilize this basic market.

But things are different now. The imperial court told them one by one fact that following the old party would not yield any good results. Only by following the imperial court and changing identities can they reap more benefits and keep the family for a long time .

This is also the reason why the old southern party's basic system collapsed. You can't guarantee the safety and interests of others, so why should they still follow you?

For favors?

Just kidding, favors are only useful when you are in a certain position.

Just like Wei Guangwei, before Wei Guangwei was a scholar of the Jianji Temple, and the cabinet assisted the government. Many people in the north and south accepted his favor, otherwise Wei Guangqing would use Wei Guangwei's name to do things.

But once Wei Guangwei fell to the high platform, who would accept his love?

How eager to break away from the relationship, if he didn't make trouble, he would be considered kind-hearted.

Therefore, the current faction of the old party is like an undefended girl. Under the impact of the new party's industrial spears, it is already difficult to parry.

There are as many papers as there are snowflakes from all over the country, asking for permission to open a stock market in the local area, hoping to build a Chidao, and even a few places don’t know what to think, and the papers say that they want to raise funds to build a Chidao.

Looking at these excerpts, Zhang Haogu only felt it was funny, what joke?
Local fundraising to build Chidao?

Do you really think that money was used to build Chidao?
Without so many bachelors and experts from the Imperial Academy of Engineering, without many skilled craftsmen from the Ministry of Industry under the jurisdiction of the imperial court, you have no skills and abilities, so what is the use of money?

Moreover, the construction of a Chi Road can cost as little as one million taels of silver, and the annual tax revenue of a local government is only how much.

After ignoring these things, Zhang Haogu also knew that the current gust of wind was almost blowing, and it was time to give these people a date to let them taste the sweetness.

Looking at the busy people, Zhang Haogu shouted: "It's too aggressive."

"Yuanfu, the student is here." Huang Zongxi came over from the side, and it seemed that he had been carrying and processing the notebooks.

There are too many papers these days, and most of them are repetitive and useless. The elders in the cabinet don’t read it. It doesn’t mean that these cabinets are in charge of political affairs. .

"How do you look at the excerpts from those places?" Zhang Haogu asked with a smile.

Huang Zongxi's face turned bitter when he heard this: "Yuanfu, the students have gone through nearly a hundred books, whether they want to build a road, or they want to raise funds to go public, or the local government wants to raise funds. It seems that they are all empty. "

Zhang Haogu comforted him with a smile: "The place, that's it. It's beneficial. It's not surprising that everyone came up with red eyes."

"Go find Lu Xiang, Qian Xiang, and Cui Shilang from the household department, and say that the pavilion wants to have a small meeting with them."

Huang Zongxi nodded: "Students will go now."

Soon, Lu Xiangsheng, Qian Qianyi, and Cui Chengxiu came to the cabinet. She poured tea and then stepped back. The three began to taste tea and wait for Zhang Haogu.

Qian Qianyi was holding a teacup and sipping tea, and finally couldn't hold back his curiosity: "Lu Xiang, Yuanfu asked me to wait, what is the matter?"

Lu Xiangsheng shook his head: "Just now, the old man has been dealing with the affairs of the household department. Huang Canzhi said that Yuan Fu was invited, so the old man came. I really don't know what it is."

Qian Qianyi looked at Cui Chengxiu, who had the lowest rank present, "Cui Shilang, what do you know?"

Cui Chengxiu was holding a teacup and was about to drink tea, when Qian Qianyi opened his mouth, he quickly put down the teacup.

There is no way, everyone here is the cabinet assistant, all of them are first-rank bosses, and even though he is a third-rank servant, he is already an important court official in the capital, but he still can't get enough of it right now.

After putting down the teacup, Cui Chengxiu said: "Returning to Minister Qian, I don't know much about the humble position. When Huang Shenshi came to inform, he didn't say anything."

Qian Qianyi nodded, and began to think about it. A court elder who is also a secretary of the household department, plus himself, a scholar of the Dongge University, and a servant of the household department, could it be that what is being discussed has something to do with the household department?
Soon, Zhang Haogu came over, looked at the three drinking tea here and said with a smile: "I'm sorry, Mr. Lu and Mr. Qian, this pavilion is late."

Lu Xiangsheng, Qian Qianyi, and Cui Chengxiu got up one after another: "Yuanfu."

"Sit down, sit down, today is just a small meeting, there are some things that need to be discussed with everyone." Zhang Haogu said and sat down.

When Qian Qianyi saw that the rightful lord had arrived, he didn't get entangled anymore, and began to taste tea patiently, waiting for Zhang Haogu to speak.

Zhang Haogu didn't mean to be tricky: "Lu Xiang and Qian Xiang, the two of you have received a lot of information about financing and listing, building roads, or investing in various places in the past few days, right?"

Lu Xiangsheng and Qian Qianyi nodded their heads, and they received a lot.

One of the two is the Minister of the Ministry of Households, who is in charge of business, and the other is the cabinet elder of the Donglin Party. So many gentry and wealthy families in the south are counting on them. There are quite a lot of papers and private letters they have received.

Seeing this, Zhang Haogu said with a smile: "In these days, I have also read the booklets from various places. Since all places have this kind of heart, and businessmen are willing to invest, this pavilion thinks, let's not mention Chidao, at least the financing and listing. One piece, it can be officially pushed."

Lu Xiangsheng Fuxu said: "Currently, one of the financing listing companies is Beijing-Tianjin Chidao, which belongs to the imperial court, and the other is the private Zhili Iron and Steel Company. There are good and bad companies, and once something goes wrong, the court's economy will be in turmoil."

Qian Qianyi also has this consideration: "Yes, take today's Zhili Iron and Steel Company as an example, it has received more than 170 million taels of financing, and currently has five steel factories with a total value of more than 240 billion. It can be said that it is the largest in Zhili. There are thousands of workers working for it in the Zhili area, and it is also connected to the mines in Taiyuan. If there is a problem with it, it will undoubtedly cause many twists and turns for Zhili.”

"In other words, if you really want to go public, that's okay. I'm afraid that some people will run away because they want to make money in the name of going public. This is not good news for the court."

Zhang Haogu nodded: "What Lu Xiang and Qian Xiang think, this pavilion has also considered."

"That's why this cabinet has decided that if it wants to raise funds and go public, it must accept the supervision of the imperial court."

"Before listing, after it submits an application, the imperial court will send people to verify its capital to check whether its industry is operating well, whether its cash flow is abnormal, its reputation and all aspects, and comprehensively judge whether it is eligible for listing."

"Only after confirming their qualifications will they be allowed to go public."

Lu Xiangsheng asked again: "After the listing, is it necessary to be supervised by the court?"

Zhang Haogu shook his head, then nodded again: "Imperial supervision has both advantages and disadvantages. In this regard, I still need to discuss with you."

"After all, once it is listed, a company will have a cash flow of tens of billions of dollars. The flow of this precious money will be extremely beneficial to the court and the market. Some supervision is indeed needed in this regard."

Qian Qianyi said: "But if the imperial court always sends people to supervise, will it affect the development of the enterprise? Take textiles as an example. Textiles are a thing that depends on the season and the price. If the supervisor insists on going his own way, he must follow his own ideas. Let the company do things or make things difficult for the company, if there is something wrong with the company, then it is better not to go public.”

"What Qian Xiang said is not unreasonable." Lu Xiangsheng said.

Zhang Haogu said with a smile: "That's exactly why I want to discuss with a few of you."

"First of all, this financing and listing needs to be supervised by the court. Is this something everyone agrees on?"

Qian Qianyi and Lu Xiangsheng nodded at the same time. In this regard, the two have no objection, and if they go public at will without the supervision of the court, it would be a mess.

Zhang Haogu continued: "Actually, the immediate question is whether and how to regulate after listing."

"In this regard, Mr. Lu, Mr. Qian and this cabinet are not experts. Cui Shilang, you are the director of the commercial office, please tell us your opinion."

Cui Chengxiu's spirit was shaken. He thought about his vocabulary and said some of the ideas he had just imagined: "Hui Yuanfu, I think that the imperial court's supervision of listed companies is very necessary. Without supervision, corruption will inevitably breed. Corruption and chaos abound, which affects the entire market and the imperial court economy."

"However, how to supervise, I believe that it is better to submit the annual report to the imperial court on the initiative of the enterprise. The listed company submits its annual revenue report to the relevant government office of the imperial court every year, and the relevant office of the imperial court sends people to verify it every year. It not only ensures the imperial court's supervision of listed companies , It also ensures that the free development of enterprises will not be affected on weekdays."

Qian Qianyi looked at Cui Chengxiu with some surprise: "Cui Shilang's words are very old-fashioned."

Lu Xiangsheng nodded: "Cui Shilang's words are feasible."

Zhang Haogu said with a smile: "In this case, then the Commercial Office has set up a Listing Supervision Bureau, which is responsible for the qualification investigation before the company's financing and listing and the supervision of the annual report after the listing. What do you think?"

Lu Xiangsheng nodded in agreement.

Qian Qianyi also agreed: "It's feasible."

Seeing that they all agreed, Zhang Haogu made a final decision: "In this case, at the cabinet meeting tomorrow, this matter will be finalized and then notified."

After talking about the Listing Supervision Bureau, Zhang Haogu said: "In addition, it is not enough for Tianjin to have an exchange, and the south also needs to set up one. In this regard, what does Xiang Xiang think is more appropriate?"

Qian Qianyi knew that it was Zhang Haogu who exchanged interests. Daming currently only has one stock exchange in Tianjin. For the sake of overall consideration, it is naturally impossible for the vast country of Daming to have only one stock exchange. Whether it is to balance the north and the south Or other factors, the south will set up one or even two.

But in the final analysis, it still depends on the meaning of Zhang Haogu, the chief assistant. If Zhang Haogu does not give anything to the south, then the gentry and nobles in the south will have nothing to say, but right now Zhang Haogu is willing to provide An opportunity, which is naturally the interaction of interests between the New Party and the Donglin Party.

Right now, Zhang Haogu is willing to let him make a decision. Qian Qianyi is delighted but also bitter. This family's new party has put cakes on his lips. How can he confront the new party in the future.

After much deliberation, Qian Qianyi still decided to make a fair decision: "Yuanfu, Tianjin Mansion is the place where the capital guards and the gateway to the north, extending in all directions and an important place for water transportation. Now the imperial court opens the sea, and the southeast coast has a lot of trade with foreign countries. The stock exchange in the south also needs to be located along the coast, so it might as well be located in Songjiang, how about the mouth of the south of the Yangtze River?"

Zhang Haogu looked at Qian Qianyi in surprise, Qian Qianyi was from Suzhou, he thought Qian Qianyi would set up the stock exchange in Suzhou.

After all, where the stock exchange is located, there will definitely be a large number of businessmen and stockholders, which is undoubtedly extremely beneficial to the local economy.

But at present, Suzhou is already one of the richest lands in the Ming Dynasty, so it is reasonable to locate it in Songjiang Mansion, where the Yangtze River enters the sea.

Zhang Haogu nodded: "It is possible."

All these have been settled, Zhang Haogu, as the leader of the new party, has also exchanged interests with Qian Qianyi, the leader of the southern Donglin party, so neither the new party nor the Donglin party will refuse this aspect, and then they must do their best Promoted, without others, are for their own interests.

In the subsequent cabinet meeting and early court, the new party and the old party rarely reached an agreement, and passed the establishment of the Listing Supervision Bureau and the establishment of the Southern Stock Exchange.

At the same time, although the Listing Supervision Bureau belongs to the commercial office of the Ministry of Households, after all, the commercial office is in the north, so another supervision branch will be set up in Jinling in the south. Haogu handed it over to the Donglin Party and asked Qian Qianyi to make a decision.

Of course, the Lang Zhong of the Listing Supervision Bureau and another Yuanwai Lang from the fifth rank were naturally selected from the new party.

Neither side agrees with this.

After making these decisions, the Da Ming Daily announced it to the world, letting merchants, wealthy families, and gentry all over the Ming Dynasty know that the time to make a fortune is coming!

With the establishment of the Listing Supervision Bureau and the finalization of the requirements and rules for financing and listing, the branch of the Listing Supervision Bureau in Jinling and the stock exchange in Songjiang Prefecture were also listed and started construction immediately.

In just a few days, Jinling's Listing Supervision Bureau received several applications for financing and listing.

These applications for financing and listing are not ordinary. They are all large chambers of commerce of Huai merchants and Jiangsu merchants. Each of them is a big textile household, and they are in control of many businesses such as silk, porcelain, and tea.

The purpose of their financing and listing is also very simple. To prepare funds to expand their business scale and start more merchant ships. At present, the domestic market is almost divided. It is undoubtedly difficult for everyone to compete. After all, everyone has money to go public. In this case, it is better to increase the development of foreign markets.

Although there is no law of diminishing marginal effects in this era, big businessmen are not fools. They all know that they can't get more profits if they invest more money now, so they might as well use it to expand overseas markets.

After all, the foreign barbarians have plenty of money.

While the big chambers of commerce in the south are intensively preparing for financing and listing, some chambers of commerce in the north are also preparing.

For example, those Shanxi merchants in Datong, such as the coal and iron mine chambers of commerce in Taiyuan, all want to raise funds to go public and expand their scale.

They are also different from the merchants in the south.

Southern silk, porcelain and tea are undoubtedly the mainstream in the Daming market. In this regard, southern merchants have an absolute right to speak, and they control the market, while the north also has its own unique features.

Take those big businessmen in Taiyuan as an example. Everyone knows that this is an era of great development. The court has said that now is the industrial age, and the demand for coal and iron is extremely high. This is the blue ocean market in the future. They don’t Hurry up to raise funds and go public to expand the scale of your own company to occupy this market, and wait to compete with others later?

As a result, big businessmen from the north and the south are preparing their own listing plans, submitting applications for financing and listing to the Listing Regulatory Bureau, and then the officials of the Listing Supervision Bureau began to take the documents for approval and go to the local inspection, one by one. Very busy.

As for the tribes on the Mongolian grasslands, seeing businessmen from all over the Ming Dynasty start to raise funds and go public, they are also a little ready to move.

According to the businessmen who came to Mongolia for trade, this financing and listing will undoubtedly greatly improve their own tribe, but there are many rules, and more requirements are not counted, and you have to ensure that you can make a profit. In this regard, Mongolian men But I was a little confused.

Although the Da Ming Pao has mentioned these things, but just looking at the Da Ming Pao does not reveal more things.

Even the heads of various Mongolian ministries are proficient in power and tactics, but business is not what they are good at.

This is the case of the Mughal tribe. Strategy and swords are the daily routine, the bravery of warriors, the intrigues of the nobles, open and secret fights, these are all good tricks. Although compared with the strategy of the Central Plains, it seems too rough and childish, but it is not easy. up.

Right now, besides machetes and hunting bows, these aristocrats who are only thinking about how to get high are thinking about financing and listing and how to make profits, which is not what they are good at at all.

But the Mughals are not stupid, they are now relying on Daming, they don't know how to make money, so they ask someone who knows how to make money for help.

Ever since, the heads of several Mongolian tribes united and went to Beijing, and they wanted to find the wise Mr. Zhang Xiangye to find a way for them.

(End of this chapter)