Section 660 Daming chaebol
Why do the rich people in Shanxi have the idea of mining, the first is that the price of coal is good in recent years, the more the Ming industry develops, the greater the gap in industrial coal needed, the Ming country is seriously short of coal, there are only some low-quality lignite in Guangdong, and the coal in Guangxi is not a large coal mine, in the process of the increasing development of the Hongji coal mine in Vietnam, the coal mine of the Ming Dynasty has no competitiveness. Pen & Fun & Pavilion www.biquge.info
However, Vietnam's coal supply to the Ming Dynasty has become more and more difficult, which has led to the price of coal is quite good, Li Hongzhang let the Xiangshan comprador Kaiping Mining Bureau has begun production, and is quite profitable, the foreigners and the Ming coal, completely squeezed out from Tianjin.
Under the wave of the Westernization Movement, Li Hongzhang recruited a large number of compradors who did business with foreigners, although most of these compradors came from Guangdong and belonged to the Ming Dynasty, but Li Hongzhang dared to use even foreigners, let alone compradors.
And Tang Tingshu is indeed very capable, in history, he is the only comprador businessman who worked with Sheng Xuanhuai and was not swallowed by Sheng Xuanhuai in the end, which shows his ability.
Looking through Tang Tingshu's qualifications, even if he is in the comprador business, he is also a top person.
Historically, in 1863, Tang Tingshu was promoted to the chief comprador of Jardine Matheson, and in his 10-year career as a comprador, he earned huge profits for the foreign company. In addition, Tang Tingshu also partnered with friends to open tea houses, invest in money houses, and participate in foreign equity attachment activities.
In 1873, Tang Tingshu was invited by Li Hongzhang, the governor of Zhili, to participate in the reorganization of the steamship China Merchants Bureau and served as the general office. Before Tang Tingshu hosted the China Merchants Steamship Bureau, the paid-in capital of the China Merchants Steamship Bureau, including official funds, was less than 200,000 taels of silver, and Tang Tingshu relied on his influence to let the wealthy people in Shanghai buy shares within a month of presiding over the work, attracting small and medium-sized businessmen with a capital of 1 million taels of silver. China Merchants Steamship entered the market as a modern shipping enterprise in China, and engaged in fierce competition with foreign enterprises such as Qichang, Jardine Matheson and Swire. By March 1877, China Merchants Steamship had acquired Qichang & Co., and successfully made Jardine Matheson, Swire and China Merchants reach a compromise, and Tang Tingshu defeated strong foreign competitors with his superior management ability.
Focusing on the enterprise operation of China Merchants Steamship Bureau, in 1875, Tang Tingshu and others organized China's first ship insurance company, Insurance China Merchants Bureau, creating a precedent for Chinese to run ship insurance on their own.
In 1876, Tang Tingshu accepted the commission of Ding Richang, the governor of Fujian, to prepare for foreign affairs in Fujian and Taiwan, erected wires in Xiamen, Fujian, exploited oil in Taiwan, and planned to set up a bank with a capital of 2 million taels of silver to pay for foreign trade turnover.
Tang Tingshu's experience shows that he can not only do foreign affairs, but the most important thing is that he can make money from foreign affairs, which is the biggest difference between him and Sheng Xuanhuai.
Tang Tingshu's Western-style enterprises, the most successful is actually the Kaiping Mining Bureau, the history of Kaiping Coal Mine in 1881 coal, 1889 to 1899 the Bureau's account statistics, 11 years of a total profit of more than 900 taels, this is Tang Tingshu's talent, but also he was Sheng Xuanhuai, a more official bureaucratic family from the official businessman squeezed out of the steamship China Merchants Bureau, can also get Li Hongzhang's favor, let him preside over the Kaiping Mining Bureau for a long time.
Capable people are highlighted everywhere, although it is different from the historical development trajectory, Tang Tingshu did not intervene in the steamship China Merchants, but he has business dealings with the steamship China Merchants Bureau, and his Jardine Matheson is the largest coal supplier of the steamship China Merchants Bureau.
As the comprador of Jardine Matheson, Tang Tingshu was in charge of the steamship China Merchants Bureau, and was occasionally received by Li Hongzhang once, asking Tang Tingshu how to change the situation that the steamship China Merchants Bureau could not make ends meet, Tang Tingshu proposed that China Merchants find a coal mine by itself, so that the cost could be greatly reduced, and the result was that Li Hongzhang's eyes were in the eyes of Li Hongzhang and let him take full authority to handle this matter, the result was that one year earlier than history, the Kaiping Mining Bureau produced coal, and because Tang Tingshu had greater energy than the historical one, the scale of the mining bureau he opened was also larger. As soon as it was put into production, it began to compete with foreigners in an all-round way, and transported Tangshan's coal to Tianjin by railway, squeezing both foreigners and Daming's coal out of the market.
The Hongji Coal Mine mined by the Ming Dynasty in Vietnam, because the local labor wages are higher, the cost of each ton of coal is about two taels of silver, which is equivalent to nearly three taels of silver in Kuping, but the cost of transporting the coal of Kaiping Coal to Tianjin is less than two taels of Kuping silver, and it is sold in three taels and is very profitable.
The Westernization movement can also make money, which is unique among the current Westernization enterprises.
It also allowed Jin merchants to see business opportunities, the Ming extended the railway to Shanxi, and also made it possible to mine Shanxi coal mines, and the minerals along the railway, as early as ten years of preparation, the railway company found out, after the railway was completely opened to traffic at the beginning of this year, the railway company immediately approached local officials, hoping to approve the railway company to mine these coal mines.
The railway company is operated by Daming, and the local officials are afraid of the ocean, and they are no better in front of Daming, and they don't even want to have anything to do with Daming, because they may be labeled as a collaborator by Qingliu.
This is the local veteran Jin businessmen, decided to invest in the coal mine situation, they under the banner of their mining profits were taken away by the Ming Dynasty, it is better for the Jin people to open their own banner, with the slogan of Baojin, not only will not let the local officials object, but also for the support of Qingliu, in addition, they will come to the matter, not only the silver is in place, the coal mine shares are indispensable for the powerful one, so the local government really approved the application of the Jin businessmen to jointly open up the wasteland.
The local government didn't know that it was actually the railway company that promoted these Jin merchants to open mines, of course, even if they knew, they would probably pretend not to know, because he wouldn't have trouble with the silver in vain, and he didn't want to get along with the Ming behind the railway company.
And the reason why the railway company can say that it moves the Jin businessmen is because the forces behind the railway company are not the Ming government, but the arsenal, because the general office of the arsenal is a Jin merchant himself, Hao Kejiu.
Because he presided over the important arsenal of the Ming Dynasty, Hao Kejiu was also the only one among the Jin merchants, he sold the steel products produced by the arsenal to all parts of the country through the channels of the Jin merchants, and the Jin merchants also earned rich profits by cooperating with him, Hao Kejiu's prestige in the Jin merchants was actually greater than the outside world imagined.
The Jin merchants regarded Hao Kejiu as their own, so Hao Kejiu encouraged them to open mines, and they believed that Hao Kejiu would not lie to them.
What Hao Kejiu can get from this, in addition to some dry stocks that are not on the books, can also ensure the supply of coal for train boilers, and at the same time, the cost of high-quality coal needed for steelmaking in arsenals will be further reduced.
It is true that Hao Kejiu is very capable, backed by the Ming government, holding the technical strength of the arsenal, and the commercial channels of the Jin merchants, and developing the arsenal into a behemoth, and now there are no less than 10,000 new apprentices recruited every year, and the total number of workers in the arsenal has reached 150,000, and at the beginning of Hao Kejiu's tenure, there were only 15,000 people here, which has increased tenfold in more than ten years.
However, Hao Kejiu offended more and more people, snatched the railway that laid golden eggs from the hands of the household department, offended some high-level officials of the Ministry of War because of the issue of ownership, and offended the Ministry of Rites because of the issue of selling arms.
Recently, he has even offended the Bank of Guangzhou, and the background of the Bank of Guangzhou does not even dare to move, because this is a bank in which the emperor has a stake, and it has always played the role of the central bank of the Ming Dynasty.
It was only during the disaster relief that too much paper money was printed, which led to the collapse of the financial market, and the government even had to initiate financial reforms, and then the government began to mint gold and silver coins on its own, entering the stage of resuming the standard.
In the past two years, the Bank of Guangzhou has fully cooperated with the financial reform of the Daming Bank in charge of the household department, and gradually replaced the old banknotes issued by the Bank of Guangzhou with a certain proportion of the new banknotes issued by the Bank of Guangzhou.
After announcing the termination of the exchange of silver, the old banknotes of Guangfu have fallen to the market price of three taels of banknotes for one tael of silver, while one tael of the new banknotes of the Ming Dynasty is equivalent to one tael or four of Kuping silver, and the price of the old and new banknotes is about one to four, so it has been redeemed with this ratio, and the one billion taels of banknotes issued by the Bank of Guangzhou have been exchanged almost at present.
Due to the establishment of the central bank managed by the Ministry of Household Affairs of the Ming government, the strength of the Canton Bank, which suddenly lost its status as a central bank, was greatly reduced, and the general office Wu Shouye felt the pressure and tried every possible way to collect savings to cope with the dilemma after the exchange of old and new banknotes was over, and the Guangfu Bank directly entered the market, but at this time, the Arsenal informed that the Arsenal decided to hand over the flow of funds to another bank in the future, and no longer through the channel of the Canton Bank.
The turnover of the arsenal has continued to expand in recent years, after the fall of the Taiping Heavenly Kingdom, the sharp decline in the arms business did not hit him, the annual turnover is stable at about 10 million taels, during which the capital turnover is a big business, and the business of the arsenal is relatively stable, so it can keep cash in the bank for a long time, which is the best quality net worth customer, no one wants to lose.
But Hao Kejiu covered the sky in the arsenal with one hand, Wu Shouye couldn't stop it at all, but Guangfu Bank was not something that could be bullied casually, and after Wu Shouye negotiated with the Ministry of Industry to no avail, he asked to see the emperor in anger.
Zhu Jinglun didn't know what Wu Shouye was asking for at first, but he knew that the Guangfu Bank was responsible for stabilizing the financial situation during this time, and he thought that something was wrong, so he met with him, and then he knew that the development of the arsenal had gotten out of control.
The arsenal involves more than 50 kinds of products, silk reeling, weaving, spinning, weaving, these equipment can be produced in complete sets, not to mention, it is still the largest bearing manufacturing factory in the Ming Dynasty, various types of artillery, rifles, shipbuilding, railway equipment and other heavy machinery, and even burning bricks are engaged in an enterprise You say he can lack anything.
There is no shortage of anything, just a lack of a bank, and now Hao Kejiu has really opened a bank, to be precise, it is a bank opened by his son, and Hao Kejiu transferred the funds of the arsenal to this bank in order to support his son.
Wu Shouye sued Hao Kejiu for using the public for personal gain, the arsenal is a public property, how can this kind of person be allowed to cover the sky with one hand, and how can the funds of the arsenal be placed in his own bank casually. The Canton Bank is the emperor's bank, but it is equivalent to the official's, and the funds of the arsenal should be placed in the Canton Bank.
Zhu Jinglun would have stopped listening to Wu Shouye's complaint a long time ago, otherwise he would have to correct Wu Shouye's erroneous view of the world, and would emphasize that Guangfu Bank would be a private partnership bank in the future.
But he didn't listen, what he was thinking about was the arsenal, and he suddenly found that this factory not only has a classified manufacturing industry, but also in various ports, in the form of Jin merchants, a large number of businesses have been opened to attract business, this enterprise has been transformed into a complex giant with commerce and industry, and now it also has its own financial power, and there are two words that suddenly jumped into Zhu Jinglun's mind - chaebol!
Zhu Jinglun does not reject the chaebol, and he even believes that the new business ethics produced by the combination of oriental human relations and industry and commerce are actually chaebols, and they cannot bear a second fruit without this.
As for the fact that the arsenal relied on the background of the government to develop, it is not surprising that the development of which chaebol in Japan and South Korea has left the background of the government.
The example of the chaebol economy allowing Japan to successfully climb to the top of the developed economies makes Zhu Jinglun want to try it, because this is a successful example, first Japan succeeded, South Korea succeeded, Taiwan and Hong Kong are also a group of politicians and businessmen controlling the economy, as for Singapore, the whole country is basically the Li family.
The largest of the East Asian economies in later generations, one is the chaebol of Japan and South Korea, and the other is China's state-owned enterprises, some economists have guessed the possibility of reorganizing state-owned enterprises into chaebols, but there is no possibility of realizing it in later generations, but in Daming, Zhu Jinglun has a chance if he wants to try.
Because the arsenal itself is a state-owned enterprise, although the current level of profitability is okay, it is because of the use of Hao Kejiu, a professional manager trained by the Jin merchant system, if it is replaced, it may not fall into the state of state-owned enterprises in later generations.
Rather than one day turning this giant aircraft carrier into a tool for a group of bureaucrats to make profits and a breeding ground for corruption, it is better to turn it into a chaebol at the best of times.
It is a way to give it directly to Hao Kejiu, but the impact is too great, and the huge benefits are not borne by Hao Kejiu, a civilian with no background.
Zhu Jinglun's decision was to introduce more giants with backgrounds to share the pressure on Hao Kejiu.
He decided to bring in private capital with a background to privatize the arsenal and turn it into a compound chaebol controlled by a giant.
"Yes, the arsenal really shouldn't let Hao Kejiu cover the sky with one hand. If it goes on like this, it really doesn't look like this, and the government-run industry can't do it like this. Shouye, what do you think we should do if we sell the arsenal? ”
"Huh?!"
Wu Shouye didn't expect that he would sue for such a result.