Of course, this will cause dissatisfaction among local officials, because at present, these commercial ports are all important sources of finance for various localities, and all of them will be collected under the six direct subordinateries, which will obviously greatly affect the financial revenue of local governments, for example, once Kowloon Port is taken away from Xin'an County, ninety percent of Xin'an County's fiscal and tax revenues will be lost. Pen, fun, and www.biquge.info

But Zhu Jinglun's idea is to concentrate funds, which is also a kind of accumulation, to concentrate funds to support the development of the most advantageous port areas, in order to promote urbanization as quickly as possible, and so that these port areas have become industrialized cities, in driving the development of surrounding agricultural counties, this is the general trend of industrialization and urbanization.

With Zhu Jinglun's support, and the fact that the bureaucracy has now formed a top-down unified system, the opposition of the local government cannot bear the pressure at all, and can only be handed over obediently.

Mr Chu believes that during the economic crisis, a unified port management system will continue to promote the development of these areas.

Zhu Jinglun, the emperor, will vigorously support economic development during the economic crisis from the civil level and the economic means of capital. The Guangfu Bank in his hand is a good card, and the more than 200 million available funds in the bank are the most powerful weapon.

The government, for its part, continues to implement protective policies at the government level, the first of which is to raise tariffs substantially.

It was not only the Ming Dynasty that was protective, but Germany and the United States were even more protectionist, and the economic crisis of 1873 caused both countries to strengthen trade protection measures, and the United States tariffs were as high as more than 50 percent.

The trade protectionism of Germany and France, even the British economic crisis that began in 1878, had no effect on the two countries, which was tantamount to directly cutting off their ties with the world economic system, at least with Britain, and for the first time in history, the British economic state had no effect on these two countries.

The Ming Dynasty wants to carry out trade protection, the biggest obstacle is also the United Kingdom, the Ming and Britain signed a trade treaty in 1866, has expired, the two sides are in a stalemate on the renewal of the treaty, because the Ming Dynasty wants to greatly increase the tariffs on British cotton textiles.

However, Britain has always regarded the cotton textile industry and the shipping industry as the two pillar industries, and the cotton textile industry has a special status in the United Kingdom, and it is difficult for them to accept the Ming Dynasty's taxation of British textiles, let alone heavy taxes.

Therefore, the negotiations broke down again and again, until after the expiration of the treaty, the Ming directly announced that British goods would be taxed according to the general tariff rules, and the special tariff treaty between the Ming and the United Kingdom would be nullified.

The British retaliated by imposing high tariffs on Ming tea, raw silk and various handicrafts, and the result of the trade war was heavy losses for both countries. So I felt the need to go back to the negotiating table and have a constructive discussion.

The importance of the British market to Daming is self-evident, but the Daming market cannot be lost to the UK.

With the industrialization of Europe, especially after the development of their own cotton textile industry, the European market to Britain has been greatly reduced, since 1860, Britain has exported more cotton cloth to India than the total amount of cotton cloth exported to the European continent and the United States. Exports to China, Japan, Java and other places also exceed 60% of exports to the European continent.

The Ming market, which accounts for half of the share of the British import into China, will make the British cotton textile industry suffer great losses by adopting high tariffs to squeeze out British textiles.

The British are the largest importers of Daming tea, and the value of imported tea far exceeds the value of the textiles they imported into Daming, and they impose high tariffs on Daming tea, which greatly affects Daming's exports.

The total export value of Daming tea has reached more than 5 million quintals, and the total export value hovers between 6,000 and 80 million customs taels, and Britain accounts for half of them, and Daming's imports of British textiles are only more than 20 million taels, with a surplus of nearly 10 million taels.

No matter how you look at it, it is beneficial for Daming to maintain mutual duty-free trade with British tea cotton. However, the duty-free British textiles will greatly limit the development of the Daming cotton textile industry.

There is no such good thing in the year, and the cheapness will let you take advantage of it, and Daming must make trade-offs from it. It is impossible to completely liberalize British cotton textiles, and without protecting textiles, in the face of powerful British cotton textiles, the Daming cotton textile industry has no competitiveness at all. However, if the protection is strengthened, under the policy of the United Kingdom to continue to crack down on the tea of the Ming Dynasty, the tea of India will definitely develop, and in the end, the Ming Dynasty will completely lose the monopoly of tea.

After weighing the pros and cons, after many discussions, the Ming government reached a consensus that it was disadvantageous not to protect the cotton textile industry in any way, but if it was too protective and lost the tea market, it would be more than worth the loss, and finally they decided to compromise and discuss with Britain to limit each other's lower tariffs, and the Ming suggested that the two sides should levy tariffs of less than 15 percent on each other's goods.

This is already three times higher than the Manchu Qing Dynasty's tariff worth 500 percent, which can provide some protection for the textile industry, and the Ming government believes that as long as the tariff is less than 15 percent, the Ming tea production can make Indian tea unprofitable.

Because Daming has established a huge tea plantation, a mature machine-made tea industry, a packaging industry, and even has a large number of tea brands with a high market share, in the face of this overall advantage, Indian tea has to start from scratch, and it is basically impossible to grab the market share of Daming tea.

In view of the fact that the 15 percent tariff was already a relatively low rate, which was already very difficult compared to the European continent, they accepted the advice of the Ming Dynasty, and the two countries signed a new treaty of commerce, stipulating that no tariff of more than 15 percent could be levied on each other's goods, and this treaty applied to all regions under the Queen's rule, including colonies such as India, Canada, and Australia.

Da Ming didn't want to talk about the past one colony after another.

After the adoption of the new treaty, the year 1882 had reached the end of the year, and in that year production in the major countries of the world generally began to decline, but the decline was not too large, but the signs of economic crisis had already appeared.

The production of Daming was also affected, mainly the export of tea and raw silk, and the price also fell sharply, and the average price of a load of tea fell by 17 taels.

The price of raw silk fluctuated sharply, in 1877 it was 450 taels a pack, last year it fell 380 taels, a pack of raw silk fell to 70 taels of silver, but at the beginning of this year it began to rebound, once increased to more than 400 taels.

The main reason is that China, the largest export area of raw silk, has also been attacked by silkworm plague, Daming raw silk has just resumed production, Jiangnan raw silk production is still declining, according to the survey of the Ministry of Industry of Daming, Jiangnan raw silk is likely to only reach 40,000 bags this year, of which the Zhejiang region under the rule of Daming will produce more than half of it.

The output of raw silk in Jiangnan has continued to decline in recent years, from 80,000 bales to 55,000 bales the year before last, and 50,000 bales last year, and it is more likely to fall to 40,000 bales this year, which has made a large group of raw silk speculators invest heavily and hoard raw silk, which has greatly raised the price.

This kind of speculation is a rational business if it is based on an understanding of the market, but if it is attacked by an economic crisis and the wrong control of market information, it can be disastrous.

This disaster made Hu Xueyan encounter.