Chapter 435: The Imperial Merchant

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At a time when Ireland was engaged in a protracted colonial war, His Majesty the King was in the process of reviewing the law. ()

As business in the United Kingdom grew, particularly in the textile industry, factories of all kinds were created and merged, contributing more and more tax revenues.

It must be said that the bourgeoisie at this time was actually the aristocratic class.

Those large-scale and heavy-weight factories would hardly have escaped the fate of cannibalization if they did not have an aristocratic background.

Gangsters will ask for protection money; Officials will pay all bribes; Workers also look down on factory owners, and laziness and stealing are inevitable.

Only those family workshops with no aristocratic background and a few people will survive.

And the merchants, no, the nobles, have always been the most industrious and conscientious when it comes to their own interests.

For example, at this time, on Edward's desk, there were several bills submitted by the United Council, proposals on business.

Among other things, they demanded a ban on the export of raw materials for primary industries such as hemp, wool, and flax, as well as tax breaks for the textile industry.

The ban on the export of raw materials is to control the stability of domestic raw material prices, avoid the impact of foreign raw material markets, give priority to their production, and prevent out-of-stock, so that they can continue to maintain high profits.

If you look at it from the national side, this is typical of shearing the wool of agriculture to enrich commerce.

However, in this era when business has decided the fate of the country, such sacrifices are meaningful, and when business development is stronger, make amends!

However, if it is prohibited, it is too crude and trade protection is too obvious, so it is more appropriate to change the prohibition to restriction.

As for tax cuts, that's out of the question.

You have made so much money selling things, and you don't think about how to contribute more to the country, but want to make more money, how can this be reasonable?

Is thirty percent tax too much? Compared with other countries, it is simply a conscience price, and the mercantile cannot be heavier.

Moreover, after the Reformation, almost all of the exorbitant taxes levied by the churches were abolished, which not only took off several layers of burden for the development of commerce.

Embarrassed to ask for a tax cut, Edward was eager to slap them in the face.

In order to highlight the support for business, the import of raw materials should be encouraged more, and the appropriate tax rate on these raw materials should be reduced, which will impact the domestic agricultural materials market, but it is also a necessary commodity for commercial development.

Edward added some of his own comments and asked the Secretariat to polish them, and the document turned to the Coalition Parliament.

Once the Coalition has agreed, it is drafted together with the Supreme Coalition Court, then presented to the Coalition Central Government for reading and informing them, after which His Majesty the King seals it and promulgates it nationwide.

Thus, a law was formalized.

The next time, Edward was to meet with a merchant, a big merchant in London.

Before introducing him, a word about the United Kingdom's business regime – the monopoly right.

As the name suggests, it is to monopolize the right to sell a business.

This is also the birthright of the royal family.

The Tudor royal family, for example, had a monopoly on hundreds or thousands of goods, which the royal family transferred to a merchant for profit.

Every year, the soap-making alum alone provides thousands of pounds for the royal family.

But why is there no money left for the royal family? Because these monopolies have been sold out in a few years or decades, and some of them have been repaid or given to some nobles, the annual income is now like a trickle, and it is only tens of thousands of pounds.

For example, Edward gave Princess Elizabeth the monopoly of alum as her annuity and allowed her to spend it freely.

Others, when the aristocracy was powerful and the royal power was small, the parliament took the opportunity to abolish the monopoly power, such as the bourgeois revolution during the Cromwell period, which abolished hundreds of royal monopolies, and then abolished them one after another, and in modern times, the royal power is minimal.

And these interests, to some extent, have hindered the development of business.

For example, a silk guild was granted a special approval by the king that it was only allowed to sell silk in London, and other merchants and associations were not allowed to buy or sell silk.

In other words, the king sold the rights to operate the silk in London for a sum of income, and then the government collected taxes from their profits and received another income.

Merchants can't afford to lose, and they can make money.

Then, only consumers will suffer.

Among them, the most famous is the well-known East India Company.

The king and the government only allowed this company to carry on the trade between India and the East, and no other company was allowed to do it without permission.

Speaking of which, everyone will understand why the big capitalists are either aristocrats, or people with aristocratic backgrounds!

Ordinary people want to obtain monopoly rights, wishful thinking.

As a result, the merchants of London benefited from the geographical location and became the beneficiary group of the monopoly rights, thus making London the largest city in the United Kingdom.

This is also the reason why after Edward seized the autonomy of London, the other autonomous cities succumbed so easily, and the boss knelt, not to mention the younger brother.

Next, the merchant introduced can also be called the royal merchant - Thomas. Greshan.

His father, Richard. Greshan was the royal merchant of Henry VIII, and he succeeded his father and continued to serve the royal family.

The so-called royal merchants were the financial agents of the king's government, borrowing money for the king, managing money, and borrowing from abroad.

Of course, there are many royal merchants, and almost all London merchants can be counted as royal merchants.

Most of the customs officials and mint officials were royal merchants, who used their knowledge of international money, markets, and foreign trade to serve the king's government.

And Thomas. Greshan was the largest royal merchant.

Historically, this merchant was the patriarch of the Three Dynasties, and was the chief merchant of the three monarchs Edward VI, Queen Mary, and Elizabeth I.

Thomas. In 1543 he joined the Silk Merchants' Guild and the Adventurous Merchants Company, and in 1553, 1560, 1570 and 1579 he was elected president of the Silk Merchants' Guild, and was hailed as the "King of the Merchants".

Thomas is in his twenties. Greshan looked very energetic, his long black hair was meticulously combed, his hooked nose, green eyes, and his tough body made Edward have a good impression of him.

"Your Majesty—" His voice was strong.

"Mr. Greshan, I invite you here this time, I need your help with something!" Edward looked him in the eye and said seriously.

"Is His Majesty short of money? What monopoly rights do I want this time? As soon as the king's voice fell, a large number of thoughts came to Greshan's mind.

God is pitiful, since he became a royal merchant in 1551, the king has never borrowed money again, which directly deprived him of a lot of money.

"Your Majesty, do you need to borrow money? How much do you need? Greshan's eyes widened, and he asked a little impatiently.

"No, I need you to go to Flanders!"