Chongzhen Daming: Starting from Coal Mountain

Chapter 690
"Of course not, there is an essential difference between the two."

"Industrial bonds are liabilities. Merchants who open accounts in the two cities lend money to the industry. After the bonds expire, the industry has to pay the principal and interest to the merchants."

"Stocks are joint ventures, a type of investment."

"Stocks are not paid at maturity, but dividends are usually paid according to performance."

Speaking of this meal, he said: "If the performance of the industry is good, the dividends of stocks will not be less than the yield of bonds. Of course, stocks can be bought low and sold high just like bonds, and arbitrage can be made."

"So it's here." Sun Shouting understood immediately.

But Sun Shouting is still worried: "My lord, other industries such as Daming Machinery Factory, Daming Tamba Rice Workshop, Daming Ming Wine Workshop, etc., can see profits, because as long as the products are sold, they can generate income, but we The profit of Daming Infrastructure Workshop is only from selling houses, and the price is set very low, so..."

Sun Shouting was worried that no one would buy it, and no businessman would buy the shares of Daming Infrastructure Construction Workshop.

Chongzhen also felt that it was unrealistic to complete the infrastructure transformation of New Beijing without spending a penny.

"That's it, the price of houses in Beijing can be set higher, twice as good." Chongzhen said in a deep voice, "Before issuing shares, we must make it clear that the land and houses in the whole Beijing, including all the land and houses in the inner city and outer city Most of the houses on the land are under the name of Daming Infrastructure Construction Workshop, so the future profit prospects can be expected.”

"Minister, lead the order." Sun Shouting didn't have any worries now.

Chongzhen said to Sun Shouting again: "Shopkeeper Sun, I have taken care of your three difficult problems for you, but I have also said something beforehand. If the appearance of the city does not change significantly after the completion of the new Beijing reconstruction project, I will not forgive you."

"Your Majesty can rest assured about this matter." Sun Shouting said with emotion, "As long as the houses in the outer city can be demolished smoothly, and the number of laborers and the principal of the project are sufficient, I guarantee that after the completion of the new Beijing, it will be completely new as the Majesty wishes. There is no more sewage flowing between the streets and alleys, and there is no more muddy roads in rainy days."

"Okay, I'll wait and see." Chongzhen then turned his gaze to Weng Zhiren on the other side, "Master Weng, when will the craftsmen from Daming Train Factory come to Beijing?"

Daming Train Factory, a wholly-owned subsidiary of Daming Machinery Factory, specializes in the production of locomotives and train carriages. Daming Machinery Factory will send a group of craftsmen to Beijing.

Weng Zhiren was the big shopkeeper of the Daming Train Factory.

Weng Zhiren hurriedly said: "Qizou Shengshang, because the craftsmen have to arrange for their family members to pack their luggage, there has been a delay for some time, and it will probably not arrive until the end of the month."

"It's fine if we arrive at the end of the month." Chongzhen nodded happily, and then continued, "Master Weng, has the Gewu Division given you the drawings for the locomotive and the carriages?"

"Qizou Shengshang, Ge Wu Ke has already given the blueprint." Weng Zhiren said along the words, "I have already discussed with several old masters of Daming Machinery Factory, basically there is no big problem."

"In the past, large pieces of iron sheets were not only difficult to find, but also extremely expensive."

"However, not long ago, Gewuke invented a new iron plate extruder, which can extrude the newly baked iron billet into a thin iron sheet in a very short period of time, so there is no problem."

Iron plate extruder?Chongzhen couldn't help but move slightly when he heard the words.

This iron plate extruder can also be regarded as an unintentional insertion of Gewuke.

Chongzhen originally wanted Gewuke to develop a steel pipe extruder.

The main purpose is to produce seamless steel pipes and continue to improve the performance of cannons.

However, the difficulty of extruding steel pipes is too high, mainly because the requirements for the material of the thimble are too high, because the thimble needs to work under high temperature and high pressure for a long time, and it is easy to break.

So Gewuke has not made a steel pipe extruder until now.

However, the iron plate extruder was first manufactured by Gewuke, and it was quickly put into use, and it can be used in many industries such as shipbuilding and car building.

Chongzhen asked again: "Where do you plan to choose the site of the train factory?"

"It's in Tongzhou." Weng Zhiren has obviously thought it over, "It's next to the canal, and it's also close to the Beihai Sea. The traffic is very convenient, and it's convenient for the transportation of bulk raw materials such as iron and wood. Moreover, the Beijing-Beijing Railway also passes through Tongzhou. After the locomotive and train cars are built, delivery is also convenient.”

Before there was no railway transportation, the transportation of bulk raw materials could only rely on water transportation or sea transportation.

It is precisely because of this that the Beijing-Beijing Railway is almost built on the Beijing-Hangzhou Grand Canal, because in this way, the sleepers, rails and stone materials required for the construction of the railway can be transported by water, and the cost can be reduced.

Chongzhen expressed his approval of Weng Zhiren's choice, and Tongzhou was indeed the most suitable factory site.

While talking, Li Kaixian brought Zheng Zunrang, Shi Jiuke and other merchants to find him. The IPO of Daming Railway Transport Co., Ltd. has been completed, and the auction of 3500 million shares has been completed.

To be honest, the auction of 3500 million shares was completed so quickly, which was somewhat beyond Chongzhen's expectations.

You must know that this is not an intentional investment, but requires real funds to buy shares.

However, this is enough to prove how optimistic the businessmen such as Zheng Zunrang and Shi Jiuke are about the prospects of railway transportation. They all firmly believe that this is a sunrise industry with extremely profitable profits.

……

After the two parties met, the merchants proposed to visit the railway construction site.

Chongzhen did not refuse at all, and immediately brought a group of merchants to the railway construction site.

When Chongzhen arrived, Wang Pingshan was leading the laborers to unload the sleepers from the tank boats. These sleepers were all felled from Liaodong, because the transportation was all by water, and the freight was not high.

What is more expensive is the wages of the loggers.

It is still very risky to go to the deep mountains and old forests in Liaodong to log.

Seeing Chongzhen coming with a group of people, Wang Pingshan hurried forward to greet him.

After seeing the ceremony, Wang Pingshan said: "My lord, I have encountered a difficult problem, please help me."

Chongzhen smiled and said: "Wang Pingshan, you are not willing to ask for help when you are idle, but today you are begging me with a cheeky face. It can be seen that you have really encountered difficulties that cannot be solved. Tell me, what is the matter?"

Wang Pingshan said: "The sleepers, stone materials, earthwork and labor have all been settled, but the steel rails have not yet been found. Shopkeeper Hu has sought out the Hanyang Iron Smelting Workshop many times, but the asking price of the Hanyang Iron Smelting Workshop is more than double. "

"Why is that?" Chongzhen frowned, "What does Chen Liangbi want to do? He deliberately made things difficult for you?"

Chen Liangbi is the new iron smelting censor who succeeded Wu Jinxi, and the Hanyang iron smelting workshop is now under his management.

Wang Pingshan said with a wry smile: "I don't know where I offended Chen Duxian. Other workshops sell steel for 4 yuan per catty, but Hanyang Iron Smelting Workshop sells it for 15 yuan per catty. I have been in business for half my life." , I’ve only heard that the bigger the goods, the cheaper the price, and I’ve never heard of a price increase instead.”

"It's unreasonable." Chongzhen snorted and said, "I will discuss this matter with the cabinet."

"Thank you, Your Majesty." Wang Pingshan breathed a sigh of relief, "The first section of railway can be laid when the steel rails are transported to Beijing."

While speaking, Wang Pingshan had led Chongzhen and Zheng Zunrang to the railway construction site, and saw that a long trapezoidal roadbed had been built along the south bank of the Grand Canal.

Tens of thousands of prisoners of war are working under the surveillance of the new army.

Seeing a prisoner of war slacking off, the new army just went up and whipped him.

The prisoners of war were beaten and screamed, but the new army still refused to let them go.

Obviously, the soldiers of the new army brought the hatred from the battlefield to the railroad site.

It is entirely conceivable how these prisoners of war will be treated on the construction site.

Chongzhen actually saw a familiar face among these prisoners of war - Zu Dashou!

Due to old age and frailty, Zu Dashou slipped and fell to the ground while carrying gravel.

Seeing this, the supervisor of the new army next to him immediately swung his whip and beat him down.

After a few blows, the clothes on Zu Dashou's body were ripped apart, and scars appeared on his body.

But Zu Dashou didn't say a word, but silently endured the beating from the supervisor of the new army.

Seeing this, the supervisor of the new army became more angry and pumped harder, and Zu Dashou's back was soon bloody.

"Okay, don't be beaten to death." Chongzhen stepped forward to stop him at the right time. Perhaps Zu Dashou hoped to be beaten to death so that he would be spared from the next tribunal and humiliation.

"My lord." The supervisor of the new army paid a military salute to Chongzhen, and said again, "These dogs are cheap. If they don't fight for a while, they dare to steal and play tricks, so they have to fight frequently."

"That can't be killed directly, it's too cheap for them."

After Chongzhen finished speaking, he asked Zu Dashou again: "Zu Dashou, are you seventy this year?"

"Qizou Shengshang, the guilty minister is already seventy-one this year." Zu Dashou said.

"I'm 71, a life of seventy is rare, and you are already a rare year."

Chongzhen sneered: "Did you ever regret it in the dead of night? Regret that you shouldn't be a slave?"

"Why don't you regret it?" Zu Dashou sighed, "The sinner even regrets his intestines, but what's the use? Will the sage forgive the sinner because of this?"

Zu Dashou did not hide it.

Chongzhen asked back: "Do you think you are worthy of forgiveness?"

Zu Dashou sighed: "It is still forgivable for civil servants to betray the enemy, but it is unforgivable for military generals to surrender to the enemy. As a military general, the criminal minister treasoned the country and surrendered to the enemy. He has already touched the bottom line of military commanders. Even if he dies a hundred times, he will not be able to atone for his crime."

"It's good to know." Chongzhen said, "So no one can save you."

"The guilty minister never thought of living." Zu Dashou said, "I only hope that the Holy One will let the ancestors go."

"That depends on whether your son or grandson has made a big mistake." Chongzhen shook his head and said, "If there is no big mistake, at most it will be ransacked and sentenced to prison, but if it is stained with the blood of your compatriots, I am afraid it will be immortal." Difficult to save."

Zu Dashou's expression froze when he heard the words, but then he was relieved: "It's the guilty minister who is greedy."

After speaking, Zu Dashou carried the gravel on his back and walked away with heavy steps.

"Hey, did His Majesty let you go?" The supervisor of the new army was furious.

Chongzhen stopped him and said, "Forget it, let him work with peace of mind."

(End of this chapter)