Hidden Dragon in Qing Dynasty
C1986 The River of Money
Is Suez Canal's profitability good? Anyone who has this question please remove this word and change it to an affirmative tone.
Connecting with Eurasia's throat, saving ten thousand miles of travel, a miracle in the history of world transportation … With such a halo, it would be hard for the canal not to make money.
It should be said that since the opening of the canal, all merchant ships with a suitable tonnage would choose to cross over from here. Even though the transit fee was extremely high, it was still a fair price compared to circling the entire continent.
Furthermore, throughout history, the Suez Canal Bureau was also a famous company in the business world that was very good at managing. Aside from the war era, which had a few effects on the canal, the rest of the years were spent in crazy profits.
Xiao Letian remembered clearly that in his previous life, the control of this canal was held by the British and the French. The Frenchmen were the first shareholders in the canal, but after the British carefully plotted to slowly loot the shares held by the Egyptian government, the majority of the shareholders in the Canal Company became British in the 20th century.
The Egyptian government, on the other hand, became a third party, only a little larger than the retail investors.
From then on, the Canal Company became a joint operation of the English and French, operating according to the western joint-stock company model.
As for how much money the Canal Company had earned, this kind of information was hard to find, but history could provide supporting evidence. When the canal was truly lost, the English and French would not hesitate to instigate a war to defend his colonial rule.
After the end of World War II, the nationalist revival became more and more vigorous, and Egypt, as a British colony, became more and more powerful.
Nasser, the Egyptian lion, who had ordered the armed workers to take over the canal management company in 1956, had restored the canal nationalization under the astonished gaze of the officials of the English and French.
Only three months later, when the English and French instigated the Israeli invasion of Egypt, a second Middle East war broke out.
Just three days after the start of the war, the British and French combined forces began to launch aerial attacks on Egypt. They gathered more than 160,000 regular soldiers and gathered more than a hundred warships and two thousand aircraft to cooperate with Israel in its siege of Egypt.
At that time, Port Said erupted into a large-scale city street war after the Second World War. The people of Egypt strongly resisted the war, and countless civilians became sniper squads to resist the invasion of English and French. Even twelve or thirteen years old children took up their weapons and joined the war.
The war ended with the victory of Egypt under the influence of the United States and the Soviet Union. The English and French finally realized that the world after the second world war no longer belonged to them.
Attempting to regain international status before the second world war is wishful thinking.
For a canal, the English and French dared to start a war right after Second World War was about to finish. This was not only because of the strategic position of the canal, but also because of the importance of money.
As the saying goes, breaking off a person's road to wealth was akin to killing one's parents. How could a chicken like the canal, which could always lay golden eggs, be willing to part with them?
When the canal was just opened in 1869, the English and French's joint canal management company had yet to be established. The entire canal was controlled by the French, and only the inner circle knew what it felt like to eat alone.
Why would Ferdinand think of all sorts of ways to support Counsellor La Ku to take over after he retires? Not only because of his personal feelings, but more importantly, the resources of this canal must be controlled by his disciple.
Forget about making fake accounts, this kind of unsightly method. Just with the influence of the minister and the Counsellor, how many industries were surrounding the canal shop's private investments?
Just how many companies were there in Canal Company? How much of the business had been outsourced? Dining, lodging, ship maintenance, coal, military equipment repair... The annexation of land, including on both sides of the river, was a source of wealth.
In order to prevent the British and Egyptian governments from receiving too many dividends, the French outsourced many of the businesses that the Canal Company could already manage, layer by layer. Eventually, the profits of these outsourced companies became a small treasury in the hands of the French.
Fei Dinanzijue and Counsellor La Ku might not even know how many such secret vaults were under their control, perhaps only their financial advisers could explain it clearly.
However, the two of them knew that in just half a year's time, the amount of funds that they could transfer to their treasury had already reached over five million Gold franc. This meant that after a few years of careful management, they could control over 15 million Gold franc at the very least.
This was La Ku's confidence. At such a difficult time in the negotiations, he could only use money to make a killing for his own career.
Of course, it was impossible for Ferdinand and Luo Hua City Mistress to have all the money. This amount of money was actually shared by a huge circle of nobility in France.
If Ferdinand could get a share of the sixty to seventy thousand Gold franc, that would be the end of it. Although the money didn't belong to the two of them, they did have the authority to manage it.
Isn't it just seven million? As long as he could get through this crisis, he would be able to make up for it within half a year.
Furthermore, La Ku was still full of confidence in the France, he was sure that all of this money was just stored in the Chinese hands for the time being, waiting for the French Emperor to free his hands he would definitely be able to defeat this arrogant Xiao Letian.
When the time came, the war reparations would be a hundred times or even a thousand times more.
La Ku and Xiang Ying talked about the details of the compensation like they were business. In the end, they came up with a plan to pay seven million Gold franc, four million of them using cash while the remaining three million Canal Company s would use promissory notes.
The two of them first wrote a contract, the terms of which were very simple, they requested that when the Chinese and British fleet left the Port Said, they would have to pay 4 million in cash.
When the United Fleet arrived in London, they would have to pay the next three million in cash, whether it was in promissory notes or cash.
The two foxes had their own plans, La Ku was afraid that Xiang Ying would not leave even if he got the money, and would not leave even if he got the rest of the money.
The sky was getting dimmer and dimmer, the stars in the sky started to shine, the Port Said's night was finally here, and just as the two sides signed the temporary payment agreement, suddenly, a clamor came from outside the consulate.
"What's going on? "Why are you making such a ruckus …" La Ku said in an imposing tone.
"Reporting to the Counsellor, the General of China's followers have gone mad! They wanted to barge into the Consular House, but our men blocked them slightly, and they swung their fists... "
"They're already fighting together!"
"Bastard!" What was going on? Why are they fighting? Don't they know that these people are guests? "
"Counsellor, it was not us who made the first move, it was the Chinese who made the first move, they are all crazy!"
Connecting with Eurasia's throat, saving ten thousand miles of travel, a miracle in the history of world transportation … With such a halo, it would be hard for the canal not to make money.
It should be said that since the opening of the canal, all merchant ships with a suitable tonnage would choose to cross over from here. Even though the transit fee was extremely high, it was still a fair price compared to circling the entire continent.
Furthermore, throughout history, the Suez Canal Bureau was also a famous company in the business world that was very good at managing. Aside from the war era, which had a few effects on the canal, the rest of the years were spent in crazy profits.
Xiao Letian remembered clearly that in his previous life, the control of this canal was held by the British and the French. The Frenchmen were the first shareholders in the canal, but after the British carefully plotted to slowly loot the shares held by the Egyptian government, the majority of the shareholders in the Canal Company became British in the 20th century.
The Egyptian government, on the other hand, became a third party, only a little larger than the retail investors.
From then on, the Canal Company became a joint operation of the English and French, operating according to the western joint-stock company model.
As for how much money the Canal Company had earned, this kind of information was hard to find, but history could provide supporting evidence. When the canal was truly lost, the English and French would not hesitate to instigate a war to defend his colonial rule.
After the end of World War II, the nationalist revival became more and more vigorous, and Egypt, as a British colony, became more and more powerful.
Nasser, the Egyptian lion, who had ordered the armed workers to take over the canal management company in 1956, had restored the canal nationalization under the astonished gaze of the officials of the English and French.
Only three months later, when the English and French instigated the Israeli invasion of Egypt, a second Middle East war broke out.
Just three days after the start of the war, the British and French combined forces began to launch aerial attacks on Egypt. They gathered more than 160,000 regular soldiers and gathered more than a hundred warships and two thousand aircraft to cooperate with Israel in its siege of Egypt.
At that time, Port Said erupted into a large-scale city street war after the Second World War. The people of Egypt strongly resisted the war, and countless civilians became sniper squads to resist the invasion of English and French. Even twelve or thirteen years old children took up their weapons and joined the war.
The war ended with the victory of Egypt under the influence of the United States and the Soviet Union. The English and French finally realized that the world after the second world war no longer belonged to them.
Attempting to regain international status before the second world war is wishful thinking.
For a canal, the English and French dared to start a war right after Second World War was about to finish. This was not only because of the strategic position of the canal, but also because of the importance of money.
As the saying goes, breaking off a person's road to wealth was akin to killing one's parents. How could a chicken like the canal, which could always lay golden eggs, be willing to part with them?
When the canal was just opened in 1869, the English and French's joint canal management company had yet to be established. The entire canal was controlled by the French, and only the inner circle knew what it felt like to eat alone.
Why would Ferdinand think of all sorts of ways to support Counsellor La Ku to take over after he retires? Not only because of his personal feelings, but more importantly, the resources of this canal must be controlled by his disciple.
Forget about making fake accounts, this kind of unsightly method. Just with the influence of the minister and the Counsellor, how many industries were surrounding the canal shop's private investments?
Just how many companies were there in Canal Company? How much of the business had been outsourced? Dining, lodging, ship maintenance, coal, military equipment repair... The annexation of land, including on both sides of the river, was a source of wealth.
In order to prevent the British and Egyptian governments from receiving too many dividends, the French outsourced many of the businesses that the Canal Company could already manage, layer by layer. Eventually, the profits of these outsourced companies became a small treasury in the hands of the French.
Fei Dinanzijue and Counsellor La Ku might not even know how many such secret vaults were under their control, perhaps only their financial advisers could explain it clearly.
However, the two of them knew that in just half a year's time, the amount of funds that they could transfer to their treasury had already reached over five million Gold franc. This meant that after a few years of careful management, they could control over 15 million Gold franc at the very least.
This was La Ku's confidence. At such a difficult time in the negotiations, he could only use money to make a killing for his own career.
Of course, it was impossible for Ferdinand and Luo Hua City Mistress to have all the money. This amount of money was actually shared by a huge circle of nobility in France.
If Ferdinand could get a share of the sixty to seventy thousand Gold franc, that would be the end of it. Although the money didn't belong to the two of them, they did have the authority to manage it.
Isn't it just seven million? As long as he could get through this crisis, he would be able to make up for it within half a year.
Furthermore, La Ku was still full of confidence in the France, he was sure that all of this money was just stored in the Chinese hands for the time being, waiting for the French Emperor to free his hands he would definitely be able to defeat this arrogant Xiao Letian.
When the time came, the war reparations would be a hundred times or even a thousand times more.
La Ku and Xiang Ying talked about the details of the compensation like they were business. In the end, they came up with a plan to pay seven million Gold franc, four million of them using cash while the remaining three million Canal Company s would use promissory notes.
The two of them first wrote a contract, the terms of which were very simple, they requested that when the Chinese and British fleet left the Port Said, they would have to pay 4 million in cash.
When the United Fleet arrived in London, they would have to pay the next three million in cash, whether it was in promissory notes or cash.
The two foxes had their own plans, La Ku was afraid that Xiang Ying would not leave even if he got the money, and would not leave even if he got the rest of the money.
The sky was getting dimmer and dimmer, the stars in the sky started to shine, the Port Said's night was finally here, and just as the two sides signed the temporary payment agreement, suddenly, a clamor came from outside the consulate.
"What's going on? "Why are you making such a ruckus …" La Ku said in an imposing tone.
"Reporting to the Counsellor, the General of China's followers have gone mad! They wanted to barge into the Consular House, but our men blocked them slightly, and they swung their fists... "
"They're already fighting together!"
"Bastard!" What was going on? Why are they fighting? Don't they know that these people are guests? "
"Counsellor, it was not us who made the first move, it was the Chinese who made the first move, they are all crazy!"
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