Rise of the 1630s South America

Chapter 1116 Hill District ([-])

On January 1657, 1, the sun was shining brightly.

In the past few days, Shao Yuanyi has collected 2 accounts in Luohan Town, with a total principal and interest of 102.8 yuan. At the same time, he has also released 5 debts, with a total of nearly [-] yuan in principal and interest to be collected. The business development is relatively smooth.This is due to his high popularity and good connections in West Lake and Luohan counties, so the bad debt rate of these private small loan businesses is extremely low, and the income is generally quite good, which undoubtedly led him to Shao The family property has increased rapidly over the years.

In addition, Shao Yuanyi also earns a profit of nearly [-] yuan per year from the discounted bill business (of course, scattered small amounts, mainly from non-national laborers who are in urgent need of cash), and from the stocks he invests in (South Railway stock) and With the tens of yuan he earns every year from the bonds, plus the dividends from the Mucaoling Meat Products Factory, he is already a real rich man in the countryside—even in a big northern city like Ping’an County, his net worth is absolutely top-notch. to the front row.

However, as the saying goes, if you sail against the current, you will retreat. Shao Yuanyi's career has developed to the point where it is now, and it has basically reached a bottleneck period-especially the financial business he relied on to make a fortune has basically come to an end.Even though he seems to be relatively well-off in West Lake and Ping'an counties now, with familiar faces, high reputation, and wide connections, the competition in the private microfinance business is also fierce, and the market is only that big (people on the east coast who need loans at this stage Not a lot, everyone’s wealth difference has not been widened enough), it is extremely difficult to go further.

Therefore, in the past two years, while focusing on consolidating the existing market in Xihu County, Shao Yuanyi quietly marched into Luohan County, where the financial industry of the newly established county was still blank, and its several managed townships—the newly opened in the second half of this year. Kaiyuan Fort at the original site of Bare City in later generations, Yingtai Fort near Tang Pedelitu, Pingyuan Township near the small town of Asegua on the border of Bau, and Xiaoqiu Township near the small village of Minas do Camaqua are all townships under the trusteeship of Luohan County— —Intent to take the first step to occupy the market here.

However, as the scope of business expanded, Shao Yuanyi's original rural family operation mode (family + some part-time helpers) became more and more out of date, and his operation became more and more incapable.And if his business wants to break through the bottleneck and further expand, then turning into a formal bank and opening business outlets will become an unavoidable hurdle, but this is almost impossible in today's east coast, and the executive committee currently does not allow private ones to open Banks come to steal money from the country.

So since we can't open a bank, can we invest our funds in other areas?The real economy is certainly a way, but in Shao Yuanyi's view, the financial industry also has potential to be tapped. For example, several wealthy households in Luohan County recently put forward a proposal to jointly form an insurance company—although I don't know if this can be approved by the government. pass.

"Mr. Sun, to be honest, I don't know much about fire insurance in Luohan County, right?" Sitting in the best two-story restaurant in the county (that is, Luohan Town), Shao Yuanyi drank local wine. Special fruit wine, while smiling, said: "If you say that the insurance industry is also a new thing, and the imperial court has not explicitly prohibited people from doing business, it is indeed possible to do it. As far as I know, Dongfang County in the capital and Ping'an County in the northern capital There are indeed some large-scale fire insurance businesses in development in other places, but you must know that it is a metropolis with dense population and bustling commerce, and the circulation of materials and money is extremely fast, so there is such a small market. Hehe, this condition It's not comparable to places like Luohan County and Xihu County. To put it bluntly, if fire insurance business is carried out in Luohan County, can dozens of households take out insurance a year? I can't see it!"

Shao Yuanyi's words made the "Sun Yuanwai" who started as a fruit seller hesitate for a while.He was originally a bandit in the Yuyuan Army, and he didn't have much experience. Fortunately, he had a great network of contacts after serving in the army for many years. After he was discharged from the army and was arranged to Luohan County, he quickly started his family relying on fruit business under the care of his old superior.But when selling fruit to another place, I heard people say that insurance is very profitable, so I paid attention to it. This time Shao Yuanyi came to Luohan County to inspect and publicize disease control knowledge, so he invited a few friends to buy a table For the banquet, please invite Shao Yuanyi to talk about business, but now it seems that this famous Shao rich man is not very interested in the fire insurance proposed by them.

"Of course, it's not right to say that insurance doesn't make money." After eating two mouthfuls of food, Shao Yuanyi suddenly changed the subject and said, "A few days ago I went to Qingdao Port for business, and I was lucky enough to learn about the newly established company there. Not long after the operating conditions of East Coast Insurance Company and Central Insurance Company (both state-owned enterprises directly under the Government Administration Council), I found that the marine insurance business they launched is still very successful. Many shipowners who go to sea like to provide their own ships and cargo there. Buy an insurance so that your ships will not lose everything when they encounter storms, pirates or wars unfortunately, not to mention that the ships of the South China Sea Fisheries Company and the South China Sea Transportation Company are now required to purchase marine commercial insurance before going to sea. According to the words of Dongbao and China Insurance company personnel, buying a marine commercial insurance will make your profit curve more stable, without big ups and downs, which is very good for long-term business. "

"Moreover, I heard that the imperial court now intends to encourage private individuals to enter the marine insurance industry, because this is very good for promoting the country's shipping industry. Merchants will no longer be so fearful when facing the unpredictable sea, and their concerns The less it is, the stronger the impulse to invest in the maritime transportation industry, which is undoubtedly a measure to greatly enhance national power." Shao Yuanyi put down his glass, turned his face flushed from drinking fruit wine to everyone, and said with a laugh : "So, gentlemen, insurance can be done, but it is not fire insurance or accident insurance with an unknown future (this type of insurance is launched by the Central Insurance Company, and currently it is mainly sold on a small scale among train or ship passengers), but it is extremely profitable. Rich—of course, the risks are not small—maritime commercial insurance, and others are nothing. If you believe me, you should go to Ping’an, Dongfang, Zhenhai, Qingdao and other big cities for a field trip. Whether it’s good or asking, to see whether it’s better to do marine commercial insurance or other types of insurance, in short, you can’t do anything tricky in Luohan County.”

Shao Yuanyi knows that as the relationship between the east coast and the Netherlands is getting closer, the scale of commodity exports on the east coast is also increasing, and correspondingly higher requirements are placed on the ocean shipping industry—do you not see that the major domestic shipyards have been developing Building various types of new ships at full capacity—this has led to a lot of surplus private capital entering the shipping industry. The courier liner company where Captain Ventura works has successfully completed two rounds of financing (a total of more than 650 yuan) this year. I placed an order for seven [-]-ton flute-shaped transport ships, and it seems that I am ready to roll up my sleeves and do a big job.

The rapid increase in the number of ships has naturally provided a fertile soil for ship marine insurance. After all, in today's age when ocean voyages are still high-risk, it is expensive to buy an insurance for your own ships before leaving the port. One point, Kesheng is at ease—it’s not something incomprehensible, and after years of market cultivation, today’s East Coast marine commercial insurance business has initially matured, and the profits are still quite good——Dongbao and China It was at this time that the two insurance giants came into being.

Compared with the government's ban on private banks, their regulation on the insurance industry is relatively relaxed, as evidenced by the current encouragement of private individuals to enter the field of marine commercial insurance.Perhaps this has further stimulated the development of the domestic shipping industry, but it is undeniable that this market is indeed open to the whole society, and some people have already entered it——by the end of 1656, 13 private companies that entered into marine commercial insurance Only 5 of them went bankrupt, and 5 basically broke even. The other 3 achieved great development, and their assets rose almost geometrically. The owner of the company became a star in Qingdao's financial market. .

"Everyone, I have already understood what I mean by saying this. This fire insurance can't be done, at least in Luohan County and Xihu County. It's fine if it's for fun in your spare time. If you devote it to your life's work Huge energy, I think it’s not worth it.” Shao Yuanyi seemed to be drinking a lot today, so he spoke more bluntly, but he continued: “If you really want to engage in insurance, you might as well engage in marine commercial insurance. This is the most mature type of insurance with the largest market in this dynasty so far. If you are lucky, the profit is still quite generous. I will not hide it from you. A few days ago, some friends invited me to go to Qingdao Port to open an insurance company. The company, I refused because I didn't want to make too much trouble, but I couldn't help but persuade me again and again, so I planned to raise a huge sum of 3000 yuan to invest in it. Thank you for your generosity, I, Shao, are well taken care of doing business in Luohan County. If you want to invest in marine commercial insurance, I can be a link and a bridge here. Anyway, this company has not yet completed the final For financing, [-] or [-] is not too much, and [-] or [-] is not too little, as long as you subscribe for the shares, everyone will be shareholders, what do you think?"

Sun Yuanwai and the others looked at each other when they heard the words, not knowing how to answer.As rich landowners in the inland areas who completed the primitive accumulation of capital through agriculture, they are very envious of the lucrative financial and insurance industry, but at the same time are very afraid of this strange thing. Shao Yuanyi can see the degree of inner conflict at a glance, so I didn't force them, just kept persuading them to drink and eat food, thinking that it doesn't matter if these local rich people don't want to invest, anyway, it's not bad for their money. We talked about it.

(End of this chapter)