At the end of Qin, I became a son of the plane

Chapter 661: The flaws of cheating and the heroes' vigilance
Xu Aimin and his friends began to reminisce about the past. The sky gradually began to darken, but Chang'an City did not become quiet. Instead, the entire city became more diverse and lively as craftsmen who were getting off work began to pour into the major night markets in Chang'an City from the factories.

Bright lights illuminate the streets of Chang'an City, and the lights of horse-drawn carriages and steam trains illuminate the streets. The whole city of Chang'an is bustling with traffic and brightly lit. Among these lights, you can see the endless stream of bicycles and the surging crowds of Chang'an citizens walking in the various night markets.

Xu Aimin and the other two were looking at the night view from the Jin Yumantang box, all immersed in the stunning scenery.

To Xu Fan, this scene was like the night view of a third-tier city in later generations, but to Xu Aimin and others, the scenery of Chang'an City was no different from a spectacle.

Yingxiong said enviously: "I have also installed gas lamps in Gan City, and the density is not much less than that in Chang'an City, but why do I feel that Chang'an City is brighter? Can the title of the City of Light also enhance the brightness of kerosene lamps?
It is said that Gan is a small Chang'an, but only when you come to Chang'an can you realize the huge gap between the small Chang'an and Chang'an. "

Ying Bu spent more than a decade of his later years building his own capital. After becoming the Duke of England, he took over his father's banner and continued to build the capital of Gan. It can be said that all of Britain's resources were invested in this city. Although Britain was a vassal state, its industry was extremely prosperous, with porcelain, silk, tea, orchards, and rubber industries. It no longer needed to maintain huge military expenditures, heavy industry investment, and industrial upgrades. This kind of light industry is extremely profitable. The total output value of these industries in Britain exceeded more than 200 billion.

More than half of Britain's population is concentrated in this city. Ganzhou is also the only city among all the vassal states of the Han Dynasty with a population exceeding 60.

In the entire south of the Yangtze River, except for Kuaiji County, Ganzhou is the most populous and prosperous city, so Ganzhou is also known as the Little Chang'an of Jiangnan. Yingxiong thought that Ganzhou had developed well in recent years and was almost catching up with Chang'an City, but when he really arrived in Chang'an City, he found that he was still far from doing well.

Xu Aimin smiled and said, "Chang'an has not stopped its pace of progress. About 12 years ago, my father established the Electrical Engineering College and served as the principal. He then developed a series of electrical products such as telegraphs, electric lights, telephone generators, etc. Now the main roads in Chang'an City such as Zhuque Street use new electric lights, so they look so bright."

The Han Dynasty's industrial development was extremely rapid. It had only been a few decades since it entered the steam age, and now it had one foot in the electrical age. Experimental internal combustion engines had been successfully developed, and all that remained was to improve their efficiency and promote their use.

Electrical products such as telegraphs, telephones, batteries, electric lights, and generators began to appear in laboratories. Among them, telephones and telegraphs had begun to be industrialized. The industrial development of the Han Dynasty was extremely rapid.

The achievements of the first scientific and technological revolution were scientific research creations of an empirical nature. Although the craftsmen of the Han Dynasty could not make a steam engine, Xu Fan made one. The craftsmen of the Han Dynasty were also able to understand the principles of the steam engine and quickly copied it.

It can be said with pride that the handicraft industry of Chinese civilization has always been the best in the world. The so-called great voyages of Western civilization took hundreds of years to open up waterways, all for the purpose of purchasing Chinese handicraft products.

Even after the First Industrial Revolution, Niu Niu opened the door to the Qing Dynasty, but they soon discovered that it was actually themselves whose door was opened. Massive amounts of silk, tea, and porcelain poured into Niu Niu Country, which in turn accelerated the loss of local gold and silver. The industrial country being defeated by a handicraft country has only appeared in the East.

The essence of the First Industrial Revolution was that experienced craftsmen invented steam engines and machine tools that could produce machines.

The two industrial sprouts in the Song and Ming dynasties essentially achieved productivity, but the production relations did not change, which led to the failure of the progress of Chinese civilization.

The electrical revolution was not too technically difficult. Xu Fan had almost all the global resources at his disposal, so it was not difficult for him to find a master craftsman to develop simple products such as generators and electric lights.

The difficult part is the process of understanding electrical knowledge and summarizing experience, which is a bit beyond the experience and technology of Han craftsmen, and even beyond the scope of their understanding and world outlook.

Historically, the process from the discovery of electricity to its application took nearly a hundred years, but this process has now been skipped by Xu Fan in one step, so the Han Dynasty was able to develop so many electrical products in just over a decade.

But the leapfrog development of the Han Dynasty is not without its hidden worries. This is because it is essentially a plug-in that Xu Fan, the time traveler, has given the Han Dynasty. The Han Dynasty was able to develop so many electrical equipment, but the local craftsmen of the Han Dynasty did not know much about electrification. They only knew the results but not the reasons.

This is just like the third world countries in later generations. They can use computers, mobile phones, fertilizers and farm tools, but they cannot produce fertilizers, let alone high-tech products such as mobile phones and computers.

This is the case with Dahan. Many electrical theories have not yet come out, but the applications have come out first. This is because Xu Fan understands the applications, but does not know much about the too in-depth principles. If Xu Fan dies of illness, Dahan's electrical revolution will directly stagnate, and may even regress.

Therefore, Xu Fan Electric Power and Electrical Engineering School spent more than 10 years spreading his later understanding of electrification knowledge throughout the Han Dynasty, allowing scholars of the Han Dynasty to know what electric current, voltage, and resistance are, and the principle of electromagnetic induction, to train talents for the electrification of the Han Dynasty, and to lead these electrical talents trained by themselves to overcome obstacles on the road to practical application of electric motors.

The hero said enviously: "Sure enough, the most magnificent scenery in the world is still Chang'an. No wonder there is a saying in the Han Dynasty that the rest of the world is countryside except Chang'an."

Zhang Pijiang said: "This is to attract hatred to Chang'an City. Other places in the Han Dynasty are also developing well."

Chen Mai shook his head and said, "These are just rumors from Chang'an City. The people of the imperial capital are arrogant to begin with, not to mention that Chang'an has indeed developed beyond other places."

Xu Aimin said: "This is still a bit extreme. Cities like Chen County, Kuaiji County, and Luoyang are also developing well."

Several people were immersed in the brightly lit night view of Chang'an.

Zhang Pijiang sighed: "The various schools of thought have explored for hundreds of years, and countless heroes have paid with their blood and lives, all just to create the grand scene of today."

Xu Aimin said: "Our father went through hundreds of battles and established this prosperous era. Now it is our turn to continue this prosperous era."

Chen Mai smiled and said, "I will do my best to make the Han Dynasty flourish for another hundred years."

After three rounds of drinking, Liu Chang brought a carriage, and Xu Aimin and Yingxiong left in the carriage. Zhang Pijiang and Chen Mai went home.

On the way, Xu Aimin asked, "Do you know what Yingming did outside?"

Yingxiong said: "He said he was doing business outside with a group of friends. I didn't pay much attention to it, but I also told him not to do anything illegal outside."

Xu Aimin sneered: "But he is doing things against the bottom line of the law."

Then he talked about what the second generation of nobles like Ying Ming had done in the past six months. They established a stock market in Jiang State and a money house system in the Jiangnan area. On the surface, they were formal money houses, but in fact, they were promoting their stocks. If these second generation of princes had set up the stock market according to the market price, Xu Aimin would have looked up to them. After all, they were doing a legitimate business. Although they were suspected of being lazy, they at least promoted the industrial development of the Han Dynasty.

As a result, the information he got from Liu Chang made him extremely angry, such as Shengshijiayuan Property Company, Qinghe Mining Company, Jinxiu Textile Factory, and Jianguo Farm Company. These were all low-end manufacturing companies, worthless, or companies with no assets or empty shells.

Take Shengshi Jiayuan Property Management Company as an example. It has a total of 34 security guards, cleaners and some managers. Most of the security guards and cleaners are men in their 7000s. For such a property management company with no assets, the Jianguo Stock Exchange has increased its market value to million yuan.

Qinghe Mining Company and Jinxiu Textile Factory were only worth a few million yuan in the Han Dynasty, but after going to the Jiangguo Stock Exchange, their value skyrocketed dozens of times. What made Xu Aimin laugh was that these were actually the more valuable listed companies in the Jiangguo Stock Exchange. After all, they had real assets.

What made him speechless was the Jiangguo Agricultural Company. It was said that the company had a rubber plantation of one million mu, and the profit from rubber harvesting alone was more than 5000 million yuan a year. The stock price of this agricultural company naturally soared to the sky, and was worth million yuan. It was worth the same as the shipyard in Kuaiji County, but the strange thing was that Liu Chang had been investigating for half a year, but he still couldn't find the so-called rubber plantation of one million mu. Even if Nanyang was vast, it was impossible to hide the rubber plantation of one million mu. Xu Aimin had already understood that the so-called rubber plantation of one million mu probably didn't exist at all.

Xu Aimin didn't know what to say. These princes' sons were so greedy that they didn't even want to pretend. This could no longer be called stock trading but outright fraud.

Yingxiong broke out in a cold sweat after hearing this. He really had no idea that his second son had caused such a big trouble outside.

The hero said: "He dares to violate the laws of our Han Dynasty, so he is not a descendant of the Duke of Ying. Your Majesty, you should beat him and punish him. Even if you sentence him to death by hanging, I have no complaints."

Xu Aimin said: "Yingming is the most honest one among them. He just increased the valuation of that sand mining site by 30 times. Moreover, they are now under the supervision of the Imperial Censorate, so it will not cause too much loss."

The hero heaved a sigh of relief when he heard this.

The Han Dynasty was truly generous to the princes who expanded their territory, providing them with money, personnel, and material support. However, it was also ruthless to the princes and nobles who broke the law. From the founding of the Han Dynasty to the present, five princes and more than thirty nobles had their countries and noble identities abolished, and their entire families were exiled overseas because of their violations of the law.

To Yingxiong, Britain is the foundation of his family. As long as the foundation is not damaged, he does not care about losing some money. Britain has long passed the time of development. The annual net income of the Duke of Britain is more than 2 billion yuan. All the wealthy businessmen in the Han Dynasty are not worth mentioning in front of these princes.

Xu Aimin sighed and said, "The people of the Han Dynasty also need to be educated, otherwise they will dare to take advantage of anything."

He was also dissatisfied with the people of the Han Dynasty. Even the Han court was cautious and strictly restricted the financial system and stock trading. However, the people of the Han Dynasty were not so dissatisfied. They only saw the people who ate meat at the stock exchange, but did not see those who jumped into the sea after going bankrupt.

The Han Dynasty's financial system was strictly regulated, and there were several stock market crashes. The Han Dynasty court also tried its best to protect the interests of the people. In addition, the extremely high threshold for stocks made ordinary people in the Han Dynasty envy the fact that they could make money from stocks. While the Han Dynasty court protected them, it also made them know nothing about the stock market. They thought that the stock exchange was a place to make money, but they didn't know that it was a place to eat people.

The Han Dynasty did not allow them to buy stocks, so they went to the stock exchange in Jiang State. The threshold for stock trading was extremely low. The guys from the money houses also deceived them by saying that the stock market prospects were extremely good and that they would make money if they bought stocks. If they wanted to buy stocks, they could help them buy stocks.

How could ordinary people tell the difference between the stock market of the Han Dynasty and the stock market of Jiang State? They only looked at the money houses in the Han Dynasty and regarded it as the stock market of the Han Dynasty. As a result, they were fooled by the guys in the money houses and bought a large number of so-called high-quality stocks.

At the beginning, the first batch of people who bought stocks did make some money, which formed a demonstration effect, attracting more people to invest in the stock market. This formed a "pass the parcel" effect. The more people bought stocks, the faster these stocks rose. It seemed that the people who owned stocks made money, which in turn attracted more people to buy stocks, forming a positive cycle. Until the stock bubble burst, people would not be aware of the risks.

Among them, the people of Kuaiji County invested the most. The craftsmen and farmers here had a lot of money. They were bewitched by the so-called bankers, who said that it was better to invest in the stock market instead of keeping the money in the bank to earn a little interest. They could get dividends every year, and if the stock appreciated, they could earn more by selling it. Even if it fell a little, as long as the dividends were still there, they could earn more than the interest earned by the bank.

A large number of people were fooled by this rhetoric and got trapped by it, investing their hard-earned money in the Jiang State stock trading market. Now the Jiang State stock market is still booming.

But to Xu Aimin, who knew the inside story, this was a blatant scam. Even the shipyard with the best Dahan effect had a price-to-earnings ratio of only more than 20 times, while other listed companies with poor technological content had a price-to-earnings ratio of only about a dozen times.

However, in Jiang State's stock trading market, there are many listed companies with returns of thirty, forty, or fifty times the original price. These so-called listed companies have made back several times their investment as soon as they go public. Even if their listed companies go bankrupt and are liquidated now, they will still make a profit.

With this kind of model, it is simply wishful thinking for stock investors to make money. The most likely thing is that they will take over and become shareholders. The bigger the bubble is, the greater the losses will be for the people when it collapses.

At least the Han Dynasty court has now supervised these people, and their money is not out of the control of the Han Dynasty court. Therefore, Xu Aimin plans to use the stock market crash to educate the people of the Han Dynasty, so that they know that the stock market is risky and they need to be cautious when entering the market.

Xu Aimin continued, "It's not a good idea for Yingming to do nothing all day. Have you ever thought about giving him a city and letting Yingming be a minor clan leader? If he becomes the lord of a city and manages the area, he will mature quickly."

The hero immediately said, "Yingming is a nobody and has committed such a crime. Even if I am the father of this rebellious son, I will not punish him for violating the laws of the Han Dynasty. I request that Yingming be demoted to Yanzhou Continent to pay for his crime."

At this time, he realized that Xu Aimin wanted to extend his favor to Britain, which was something he could never agree to.

The Han Dynasty has been implementing the Enfeoffment Order for several decades, and the results have become apparent. The huge Wei Kingdom was split into Wei and Liang. But now, several decades have passed, and Wei and Liang have completely disappeared, leaving only hundreds of viscounts and barons in name only. The descendants of Wei Ju and Wei Bao are now powerful in the Han Dynasty. The royal family of the Wei Kingdom now only has Wei Ju's grandson, who is the governor of the Han Dynasty with a salary of 2000 shi.

The State of Dai also collapsed because of the Enfeoffment Order. The better descendants of Zhao Xie declined and became local tyrants, while the worse ones were no different from ordinary people. From this respect, the Zhao royal family had completely declined in the Han Dynasty.

The huge Nanyue Kingdom was forced to abdicate by the imperial court. The country was divided into six parts and given to Zhao Tuo's six direct descendants. Later, his descendants continued to be favored. Now, except for the branch of Nanyue that occupies Panyu and still retains a county, the other five countries have been split into dozens of viscounties and baronies. The advantage of Nanyue Kingdom over the previous two countries is that Zhao Tuo is still alive. Even with the pressure from the imperial court, the territory of Nanyue Kingdom still exists in the form of a loose alliance.

But this has made the princes of the Han Dynasty see the power of the imperial court's order of enfeoffment, and the princes of the Han Dynasty are unwilling to be enfeoffed by the imperial court. Therefore, in the past few decades, the princes of the Han Dynasty, except for their own heirs who would stay in the vassal states, could only let other descendants fend for themselves. The better ones would give them a fortune and drive them to the Han mainland. If they were capable, they would enter the Han political arena and become part of the Han officials. For such promising descendants, the family would also support him with certain resources, so that he could steadily rise in the Han political arena.

As for the inferior ones, they would open factories and workshops and have a stable income, allowing them to live a life of leisure and wealth. The Han Dynasty was still in the period of great development, and with the wealth dividend brought by the Industrial Revolution, a large number of the princes' children were able to make a name for themselves.

There are also some cruel princes who would not care even if they found out that their sons had not made it, and would just watch them become ordinary people of the Han Dynasty. As for dividing cities among their descendants, they would never do such a thing that would damage the foundation of the vassal state.

(End of this chapter)