Chapter 510: The Prelude to the Stock Market Crash

May 15 of the second year of Kunxing.

A luxury four-wheeled carriage that drove fast on Sanshan Street......

“…… A Sichuan tobacco, the city is full of wind and flocculents, and the plum is yellow when it rains! ”

The sound of chanting was heard in the car.

A pedestrian with an umbrella on the side of the road then let out a curse of being splashed by muddy water.

However, the governor of Chongzhen Chaohuguang, who was chanting in the car, and Kong Zhi, a senior villager who is now living in Beijing, did not hear this scolding, and maybe he didn't hear it. Gently shaking the folding fan, he leaned comfortably on the seat covered with mahjong block cushions, admiring the capital in the rainy season, and the spire of the Simin Great Hall in the distance was still visible in the rain and fog.

However, there are far fewer hot air balloons in the sky.

After all, it costs a lot of money to take off once, and it's not a good thing to actually take off in Nanjing because of air pollution.

Nowadays, those idlers who like to take their female companions into the air have lost interest in this city, after all, it is not pleasant to smell soot in the sky, even if Qin Huai is in her arms, she can't stop the soot from blackening. Therefore, they prefer to run to the Xuancheng area to enjoy the scenery there, where the air is much fresher. Not long ago, there was a young man who was very bold to take a hot air balloon from Xuancheng to Quzhou, and caused a sensation in the local area, and was personally invited by Yan Shenggong to his house, and it became a good story in Shilin for a while......

Apparently no one sees it as a trick anymore.

The change of thought was silent.

"Ren Zhigong is in a good mood, is the stock rising again?"

The person across from him said with a smile.

"The stock is rising every day, and the old man is no longer interested in asking, but there are happy events, and the dog has been promoted to the director of the Huguang Medical Prevention Department because of his outstanding political achievements in Huguang."

Fang Kongzhi stroked his beard and said proudly.

"In two years, from the seventh grade to the fifth grade, Ling Lang has a bright future!"

The man exclaimed.

Fang Kongzhi's son Fang Yizhi was the top medical student in the previous department, and then he was thrown to Huguang to follow Fu Qingzhu, who personally supervised him, to establish a medical epidemic prevention system in Huguang together, and was appointed as the seventh product experience. But then it can be said that gold will always shine, one of the famous four sons, after all these years, quickly showed his strength in the medical defense system, and jumped to the top in just two years. Compared with the same four sons, the same subject of the liberal arts jinshi Mao Bijiang, is still an eight-rank official, another Chen Zhenhui, who is also a liberal arts jinshi, but because of the return of Guangdong, he was suddenly promoted to the seventh grade and threw Guangdong as a county order.

"It's just a medical defense department, after all, the future is limited!"

Fang Kong said reservedly.

Of course, he just pretended, in fact, he was very happy, the generation of the Fang family in Tongcheng had already declined in the officialdom, and suddenly there was a rocket like Fang Yizhi, which can be said to have a guaranteed future.

At this time, the speed of the carriage slowed down suddenly.

"This Nandu is overcrowded!"

Fang Kongzhi looked at the bustling crowd in front of him and said.

"It's all this stock."

The man across from him said with a smile.

Fang Kongzhi smiled dryly, he was an old man from Tongcheng, and he came to live in Nandu for a long time, in fact, he was also for stock speculation, and even did almost everything for stock speculation. Although his son wrote to him many times to persuade him to calm down, this kind of speculation is not so simple, and he can stop if he can earn a good number, but it is obvious that Fang Kongzhi does not think so, after all, it is really difficult to stop watching the wealth in his hands increase sharply every day! However, this stock market is also worthy of him, and now the few stocks in his hand have risen by at least five times, and even ten times, and the current wealth on his books has reached as high as two million taels.

Two million taels!

Although the Fang family has been hairpins for generations, they can't compare to those salt merchants after all, it is nothing more than land and official earnings, and all the family property was only a few hundred thousand taels before, and he made his wealth increase tenfold in just one year!

Who can stand this irritation?

I have to say that this stock is really crazy.

In order to speculate in stocks, countless old villagers like him poured into Nandu, buying stocks with silver, and their arrival took the previous green worms to make Nandu overcrowded again. And even more so than the green worms, after all, they usually bring a lot of servants and maidservants, and they are not the same level as the green worms. The spending power of these masters also attracted more merchants to pour into the southern capital, and even prostitutes from other places flocked here, and the slave trade was even more prosperous, and not long ago a young and beautiful white slave was auctioned for a sky-high price of 10,000 taels.

Even the rent has tripled.

I have to say that stocks are really a good thing, and in just one year, countless miracles have been created, making countless people rich and rivaling the country, although it is only on paper, but the rich and rivaled the country on paper is also rich and rivaled......

Expensive Indian horse-drawn carriages, carrying a millionaire worth two million on paper, walked through the bustling crowd, surrounded by countless umbrellas of various colors, in the rain and fog of the rainy season, it is also quite poetic......

A man in an oilcloth cloak suddenly walked to the carriage with his head down.

Then his hand was withdrawn from his bosom.

Fang Kongzhi subconsciously turned his head, and something suddenly flew into his field of vision, and before he could wake up, it landed on his face, but the person lowered his head and squeezed into the crowd as fast as he could. Fang Kongzhi looked at each other suspiciously, and then lowered his head to pick up what was under his feet, it was a thin, poorly printed booklet with a line of words on the cover......

Anatomy of a Railroad Scam

Fang Kongzhi immediately frowned.

"Sensationalism!"

He said disdainfully.

Still, he opened the booklet.

Then his face suddenly became a little more gloomy.

Because the contents of this pamphlet are clearly written by insiders, they analyze the difficulties of railway construction one by one, as well as the impracticalities of the railway plans of the Protector of the Kingdom. For example, the difficulty of building bridges on large rivers, the amount of work required to excavate tunnels, the maximum slope that trains can travel, and the arduous construction of swampy water network areas. In particular, taking the most popular Liangjing Railway as an example, the difficulty of its project is explained in detail, first of all, the three bridges of the Yangtze River, the Yellow River and the Huaihe River are completely impossible to build. According to the plan, this railway is to go from Xuzhou to the north of the economy to Tianjin to the north of the capital, along the way also have to pass through the mountains around Mount Tai, in these places can only dig tunnels, southwest Lu is full of rivers and swamps, Tianjin is also full of water.

If there is water, the bridge must be built.

At present, the span of the largest truss bridge in the Ming Dynasty is only 50 steps, which means that no matter how wide the river is, it must repair the piers, and it does not have the ability to repair underwater piers in the big river at present.

It can be said that the amount of work is unimaginable.

With the current conditions, it will not be able to be repaired in 20 years.

This is still the easiest trunk railway, according to the plan, several other trunk railways are far more difficult than this one, not to mention a tunnel in the Kunshan section of the Guanglonghai Railway, with the current conditions will have to be dug for at least ten years. But there is not just one tunnel that needs to be built, but countless tunnels, one tunnel after another, not to mention that the upper section of the Wei River is not only one tunnel after another, but also one railway bridge after another.

It's unimaginably daunting.

And the cost is just as unimaginable.

At least at present, it is completely impossible for these railway companies to raise funds, at least ten times more is possible, and it is only easy to repair, if it is like Beijing-Guangzhou, I am afraid that a twenty-fold increase in investment may not be enough, and a five-fold extension of the planned time may not be completed.

As for the repair to Dihua......

A hundred years from now!

So why did the Protector go out of his way to advocate these railway plans and issue these shares like crazy?

There is only one truth.

Circle money.

The court ran out of money again.

Yang Qing spent money in the north to help the hungry people in the north, while supporting the expansion of the South Seas, and at the same time building large-scale roads in the country, and had to feed nearly a million troops, build warships, especially the previously issued treasury bonds have entered the debt repayment period, in this case, the imperial court is seriously short of money. He didn't dare to print too much banknotes, so he had to find a way to circle money, so the railway plan was born, he used a forty-mile railway, to the outside world to fabricate a 100,000-mile railway plan, and then took advantage of the outside world did not know the details of the railway, with stocks to circle money.

And the money to buy stocks must have been deposited in the Imperial Bank, and the Imperial Bank and the Ministry of Household were originally in collusion with each other, and the Ministry of Household embezzled the silver from the Imperial Bank with a loan, and the outside world would not know about it.

This is the government borrowing from the bank.

This does not even need to be reported to the Four People's Congress.

It is true that the Four People's Congress has the right to supervise the household department and examine and examine the financial expenditures of the household department, but that is only the income from taxes and national bonds, and the amount of taxes collected and the amount of tax spent are not enough to issue national bonds, but the household department's loans to banks are not the business of the Four People's Congress. Yang Qing deceived the whole country in this way, deceived the silver of the gentry of the whole country into his bank, and then lent it to the household department, anyway, the country is his two family who have the final say, and the bank is theirs regardless of the household department. As long as the bank can be maintained and the finances of the household department can be maintained, then no matter how much money is lent to the household department and when the household department will repay it, this is not worth mentioning.

In this way, Yang Qing received a huge amount of silver to make up for his financial strain.

As for the railway......

It's not that he doesn't cultivate, he just cultivates for a hundred years, what can others do with him? This is a stock, and it is his business that others spend money to buy stocks, even if the railway company collapses, it is only an investment loss, and it has nothing to do with him.

Looking for him to compensate for the damages?

He himself will say that he can't find anyone to compensate for his losses!

And not only that, he is also manipulating these stocks behind the scenes, using every rise and fall to make huge profits from them, and the one who is responsible for acting is Chen Yuanyuan, a demon girl, who has brought disaster to the country and the people......

Well, Yuanyuan finally got the title she was supposed to get.

"That's not true, is it?"

The man opposite Fang Kongzhi said in shock.

"Wow, grandstanding!"

Fang Kongzhi covered his violently beating heart, squeezed out a smile with difficulty, and said.