Lord Harland.

Chapter 375 Meeting Minutes
After educating their daughter, Richard and Sophia returned to their temporary residence together.

Although the No. [-] Military Station is on the front line, Richard still has a very good living environment. Although his residence is not luxurious, it is also a complete yard. There are more than a dozen large and small masonry houses, adding up to several hundred square meters.

Sophia took out a parchment book from the space bag and handed it to Richard.

"You did not attend this year's annual financial meeting. I brought the minutes of the meeting. You have time to take a look."

Richard looked through the minutes of the meeting. The first page was the population data compiled by the household registration department.

After entering the northern prairie, the territory rescued 23 slaves and merged into the Earl of Martins, which also added 6000 people. After entering winter, the Harland territory also accepted thousands of refugees from the Eagle Mountains.

The number of newborns this year is also close to 180. In addition, Richard spent 600 gold coins and purchased [-] slaves.Thousands of free people have also migrated from other territories. According to statistics from the household registration department, there are more than [-] people in Harland Territory this year.

With a population of 180 million, the population of Harland Territory has ranked No. 3 in the Grant Kingdom, second only to the royal family and the Duke of York.

Originally, the Duke of Jonathan had a population of 200 million, surpassing the Duke of Harland. However, a few years ago, 10,000 troops were moved to the Grand Duchy of Stanek, resulting in a loss of more than [-] people including family members.

In addition, part of the territory was assigned to the Harland family, which resulted in a loss of [-] to [-] people. In addition, some nobles migrated to the Grand Duchy of Stanek. Now the population loss of the Duke of Jonathan is very serious, and it is no longer as good as the Duke of Harland.

The Duke of York is inland, and its territory is a prosperous land with a population of more than 300 million. If it wants to catch up with the number of people in the Duke of York, it will probably take more than ten years of rapid development, and it is not expected to be possible in the short term.

There are already 180 free citizens out of a population of 81 million.From the field tax alone, more than 20 gold coins were collected.

As the territory becomes more and more prosperous, commercial tax and customs revenue are increasing rapidly. Coupled with the very stable real estate tax, Harland's tax revenue has increased very quickly this year, reaching more than 30 gold coins.

The most important income Harland receives is the income from monopolized goods, not taxes.

This year, when hunting snow crystal fish, Haaland has another major income-generating product.

By refining the Tenghui Potion, the Harland Territory Army not only added more than 800 professionals, but the Mercenary Association, Demon Hunter Union, and Intelligence Department also increased their strength and trained more than 100 professionals.Counting these people, there are more than a thousand new professionals in the Harland territory this year.

In addition to internal use in the territory, Richard also traded Tenghui potions, exchanged 1 gold coins of grain and ore from the nobles of Gedda Province, and traded 3 gold coins of extraordinary materials at the commodity expo. The minister took back more than [-] gold coins in supplies and more than [-] gold coins in IOUs.A large amount of meritorious deeds and [-] gold coins in cash were recovered from the army officers and soldiers.

Not counting the debts owed by the vassals and the meritorious service of the officers and soldiers of the territory, hunting snow crystal fish not only saved the territory a lot of expenses, but also brought profits of more than 20 gold coins.

Agriculture in the Harland Territory is also going well this year. Although Martins County has delayed spring plowing and can only sow some beans with a short maturity period, the agricultural output in this area is very low. Richard needs to feed an additional 10,000+ people.

However, there was a lot of food surplus in the territory last year. This year, the total grain output in the territory exceeded one million tons. In addition to the [-] to [-] tons of grain traded with the nobles of Gedda Province, the food in Harland Territory is completely sufficient.

Even though a lot of food was consumed in transporting military rations, the territory's food reserves were still maintained at a very high level.

It's just that Haaland has increased the flour manufacturing industry. This year, he needs to feed an additional 10,000+ people, and he will no longer be able to sell grain for cash.

Although the grain could not be sold, the income from flour manufacturing increased significantly.

Although the selling price of flour has dropped by 15.00% this year, the wholesale price of flour in the territory has dropped to five gold coins per ton of flour. The industry as a whole has reduced some profits, but with an increase of 10,000+ free citizens, the consumer market is still expanding rapidly.

Six state-owned flour mills turned in profits of 14 gold coins this year, and four private flour mills also paid [-] gold coins in taxes to the territory, but this part of the tax was included in the tax revenue.

More than 9 square kilometers of land were expanded, and the pasture area of ​​Harland territory increased significantly.However, due to the restrictions of the consumer market, the production capacity of cattle and sheep cannot increase rapidly.

The number of sheep in stock was too high in the past few years, and Richard needed to find a way to sell mutton in Nolan and give away more than half of the profits. If it weren't for the low breeding costs, he might not be able to afford such losses.

Now that the consumer market has been cultivated, the breeding sector naturally needs to be stable.

Harland now controls more than 30 satyrs in the territory. These satyrs are just slaves in terms of status.By squeezing more than 30 satyr slaves, the government-run ranch turned over a profit of 11 gold coins.

Due to the outbreak of war this year, military output has increased significantly, and coupled with the demand for railway construction, steel production capacity has once again reached capacity.By the end of the year, Harland Land had produced [-] tons of steel and more than [-] tons of iron.

After the surge in output, the price of steel products fell again. The retail price reduction was not large, and the wholesale price once again dropped by 20.00%.Although prices have fallen, the steel manufacturing industry still increased profits by 20.00% due to the surge in production capacity.

This year the steel department handed over 24 gold coins to the territory.

The market size of brown sugar has also begun to stabilize, and the brown sugar sales market has begun to become saturated, bringing a profit of 11 gold coins to the Harland territory this year.

The real estate industry began to flourish more and more.

The real estate industry has a long industrial chain, involving masonry, cement, glass, wood, etc.

This kind of industry related to people's livelihood has a strong financial attribute. Richard has always prohibited private companies from entering the real estate development market.Freedmen who moved into a new house had to pay Richard an installment payment for the house every year. This income was actually very stable.

This year, the income from the real estate market has exceeded that of the brown sugar trade, bringing a profit of 13 gold coins to the territory.

Because of the Southern War and the invasion of orcs, the arms trade is still very prosperous. More than 12 alchemy bombs were sold, and thousands of searing ray guns were sold, plus thousands of pieces of iron armor, a small number of force field shields, and magic props. .The arms sales brought a profit of [-] gold coins to the territory.

Minting coins is also a hugely profitable industry, and the Harland territory is still in a money shortage. This year, 11 gold coins of metal currency were minted, and [-] vouchers were also printed.

Compared with last year, residents in the territory have a little more confidence in vouchers, and some vouchers are already circulating in the market in small quantities.

In addition to printing vouchers, Richard also issued a portion of treasury bonds for the first time, with an annual interest rate of [-]%. The amount of this portion of treasury bonds was very small, and the initial issuance was only [-] gold coins, which were basically distributed to soldiers and civil servants.Because of the issuance of vouchers and treasury bonds, new markets began to emerge, and there were already some bond merchants in the territory who purchased vouchers.

Financial sectors such as coin minting, voucher printing, and treasury bond issuance have brought 26 cash income to the territory this year.

This income is second only to the tax department.

Although this is the second year since the establishment of Duke Halland's Bank, its profit has exceeded [-] gold coins.However, Richard did not ask for this part of the profit to be turned over and remained in the banking system to replenish capital.

As the population of Harland Territory increases, the cotton spinning industry market is also expanding. This year, the cotton spinning industry has brought a profit of [-] gold coins to the territory.The soap and toilet soap industry is still increasing production capacity, turning in a profit of [-] gold coins this year.

Pharmaceutical income is now also an important income of Harland Territory. With the development of more than ten years, the level of medical skills in Harland Territory has gained a high reputation in the Grant Kingdom. Some Nolan nobles have to go to Harland Territory Hospital when they get sick. see a doctor.

His medical proficiency made him famous, which greatly helped Harland lead the pharmaceutical sales department.Nowadays, in the Grant Kingdom, the medicines produced by Harland Territory have also become very popular commodities.

In addition to the two blockbusters of hemostatic ointment and painkilling pills, Haaland led the drug research and development department to develop more than a dozen new drugs. These new drugs have a certain market. The drug sales department turned in a profit of more than [-] gold coins this year.

The coal industry is also improving steadily, especially the second coal mine in the Losa Basin, which has increased its output to [-] tons this year.This year, the Harland Territory Exploration Department discovered the third coal mine in the upper reaches of the Burnie River. The construction of the No. [-] mine has been completed, and the output in the first year of mining has exceeded [-] tons.

Harland's coal output has reached 32 tons this year, and the three coal mines have collectively turned in a profit of [-] gold coins.

The rest are basically some medium-sized industries, with a combined profit of close to 20 gold coins.

Including the 180 gold coin income from the issuance of treasury bonds, Harland received a total of 170 million gold coins in cash income this year. Not counting the 23 gold coin treasury bonds, there are also [-] million gold coins, which is still an increase of [-] gold coins compared with last year.

When production resumes in Martins County next year, more than 20 freedmen will be added, and fiscal revenue is expected to surge, possibly exceeding the level of 200 million gold coins.

The fiscal revenue of nearly 180 million gold coins is equivalent to one-third of the royal family's level.The royal family controls a population of more than 200 million people, has complete minting rights, and has a variety of monopoly commodities.

If the Grant Kingdom did not have various local protectionist policies and implemented liberal trade, the Harland Territory's current productivity could produce ten times more goods.However, everyone from the royal family to the territorial nobles resented the loss of precious metals and formulated strict local protectionist policies to restrict the commodity market in the Harland territory.

The market cannot be expanded, and Haaland can only make small efforts and rely on cultivating the domestic demand market, without making much excess profits.

Nowadays, in the Harland territory, there are gradually voices calling for breaking local protectionism and opening up the door. If the Dawn Plane were not an extraordinary world, an alien version of the Opium War might have broken out.

With nearly 180 million gold coins in cash income, the territory’s expenses this year are also staggering.

There are now 5000 regular troops in Harland Territory, [-] soldiers with citizenship rights, and only [-] indentured servants left.Richard also increased the salary and subsidies for the [-] city defense troops and security troops on the front line.

The salary of the 76 soldiers in Harland's territory reached 10,000 gold coins. Coupled with the 91+ gold coin bounty issued, the total expenditure on military salary was [-] gold coins.

In addition, the pension for disabled and killed families also reached [-] gold coins a year.

The logistics expenditure for the 25-strong army is also a very huge expense. This year, a lot of resources were consumed to build the defense line of the military station. Transporting materials to the front line entailed huge additional costs. This year, a total of [-] gold coins were consumed.

The military expenditure exceeded 120 million gold coins. If it were not for a significant increase in fiscal revenue, Harland Territory might not be able to expand its military this year.

This year's military expenditure has increased so much that it has accounted for 60.00% of fiscal revenue. The proportion has increased significantly compared with last year.

Military revenue exceeds 120 million, and government expenses are also rising.

There are now 1 civil servants under Harland's leadership. Their salaries plus welfare subsidies will consume 14 gold coins.Because the burden of military expenditures was too heavy, Richard ordered civil servants to cut their salaries by 30.00%, reducing the salaries of civil servants to less than 3000 gold coins. Compared with last year, the number of civil servants increased by nearly [-], and the total expenditure barely increased.

This year, Harland Territory has an additional population of 10,000+, an additional Martins County, four additional elementary schools, and one additional middle school.

Today, Haaland has 3 primary schools and five middle schools, with more than [-] students enrolled.

If you want to popularize education, you must lower tuition fees. Nowadays, the annual tuition fee for Harland Primary School is only two silver coins, which is roughly equivalent to two weeks' salary of an adult man, which is about 180 kilograms of wheat.

Because tuition fees are low, the education industry will certainly suffer losses. Thirty thousand yuan has been invested in education this year.

Even though the medical hospital admitted some wealthy foreign nobles, it was unable to make ends meet. Now there are more than ten hospitals in Harland Territory, and they also provide free medical treatment to indentured servants.

The investment in the medical port has exceeded [-] gold coins, and the burden is gradually increasing.

Because Tenghui Potion was sold at the commodity expo in exchange for [-] gold coins for extraordinary materials, the funding for the Mage Association and the scientific research department has been reduced this year, adding up to about [-] gold coins.

In addition, an important investment this year is the construction of more than 30 kilometers of railway. It costs [-] gold coins to build one kilometer of railway. Although the [-] kilometers of railway is short, it still consumes [-] gold coins.And investing in railways will take a long time to get back the money.

In addition, the territory built several steamships this year, which cost more than 1 gold coins.Ten thousand slaves were purchased, consuming fifty thousand gold coins in cash.

Overall, there is a total balance of 24 gold coins this year, plus the 69 gold coins left over from last year.A huge sum of 93 gold coins has been deposited in the territory's treasury.

This year's hunting of snow crystal fish in the territory consumed a lot of merit, which undoubtedly reduced the cash expenditure cost of the Harland territory.

(End of this chapter)