Chapter 439: The Primitive Accumulation of Capital

"Big brother, I heard that Senior Brother is doing a good job on the front line. Bringing back so many gold and silver treasures, I just counted it with Sister Feixue for a long time, and our royal family's inner treasury is now a lot richer. "With the train in the northwest day by day from the distant Ganzhou to transport the wealth of Jiaohe City to Chang'an, those treasures are more valuable and relatively high in the palace by Cen Tianshi, there is no way Li Xuanqing's empire builder has never asked the people and officials at all levels below to provide anything after taking the throne, the empire is adhering to the state affairs first, although in recent years, with the gradual stabilization of most of the empire, some officials began to indulge in pleasure, but under the joint attack of the law court and the Ministry of Security, This trend is still very well contained. However, this also caused Li Xuanqing's palace to have very few internal collections, which can be said to be the most shabby one compared to the emperors of previous dynasties. This time, Cen Tianshi was full of energy and wanted to make up for Li Xuanqing's return, otherwise if the four Yi guests were to serve all countries in the future, if the dignified royal family of the Tang Empire couldn't even take out a little treasure, it would be laughed at in vain.

However, if only some treasures are included in the royal treasury, Qiaoxi will not be so surprised, after Qiaoxi and Murong Feixue were pregnant almost at the same time last month, basically the royal assets were handed over to Zhang Qiang to be responsible for management, and the two began to retreat behind the scenes to concentrate on raising a baby. But I can't help but bring back the wealth is too amazing, almost several tons of gold and silver, if you count those pearls and antiques and jade that have begun to be auctioned one after another, I am afraid that there are conservative estimates of ten tons of gold in storage, which can also be seen that the northwest is actually very rich, and there are a lot of gold and silver minerals, along the Silk Road along the various oases and cities, basically all the gold and silver coins are passed, the silk porcelain of the Central Plains and the glass and other products that are now flourishing are rapidly swallowing the wealth from another big country in the West, This was even a little earlier than the parallel world, which set off the upsurge of East-West trade.

"What's wrong? Are you two going to intervene too? Li Xuanqing held Qiaoxi in his arms, looked at his delicate face and couldn't help but scratch the other party's pretty nose, and said with a slight smile: "But also, our primitive accumulation of capital is different from that of later generations, and the wealth collected by the army must be quickly invested in industrial manufacturing and production, and quickly transformed into a catalyst to boost industrial development, otherwise it is only afraid that it will be easy to promote the wind of extravagance and pleasure, and finally follow the old road of Spain." Therefore, I plan to let the Ministry of Industry and Commerce, the Ministry of Finance, and the money bank use the money to carry out a joint special loan business for industrial development, and use the loan to disperse the money. ”

"Big brother doesn't plan to continue to run the state? However, it is good that state-run enterprises are only suitable for those industries that are related to the national economy and people's livelihood, and most of the other industries are still more suitable for private enterprises. Because there is no one else around, so the couple have no scruples when they talk, Qiaoxi naturally understands the true meaning of Li Xuanqing's move, the current state-run industry has enough, although because of the industrial revolution in advance, so when the private capital and industry are stunted, the state-run can quickly implement Li Xuanqing's will, play a leading role in all walks of life, and play an exemplary role for the majority of private enterprises and the people, but this is only the early stage after all. Qiaoxi and Li Xuanqing have a very clear view of the drawbacks of state-owned dominance, which is why every year the Ministry of Industry and Commerce and the Equipment Department take out a large number of mature state-owned enterprises and throw them on the market for sale, and implement the principle and policy of putting state-owned enterprises first, driving the private sector, and finally disposing of state-owned enterprises. Even during this time, Li Xuanqing began to wonder whether it was the best six families to promote the current development of the country and the royal family to cut and integrate their own industries, gradually sell those low-end industries such as light industry and agricultural product processing industry to other small and medium-sized enterprise owners and individuals, and transfer their energy to high-tech manufacturing and processing and chemical industries, so as to drive the transformation and upgrading of the entire social industrial chain.

However, in the current situation that it is equivalent to relying on the Western Expeditionary Army to get back so much money, Li Xuanqing and Qiaoxi began to let the cabinet prepare a joint meeting of the three departments after discussion, at which Li Xuanqing and Cen Tianshi decided to promote special loans for industrial development nationwide this year and next year, which will be implemented by Qianzhuang, supervised by the Ministry of Finance, and the Ministry of Industry and Commerce will set up special review teams at the provincial and state levels, as long as they are eligible individuals and business owners can expand their production by applying for special loans. As a result, the loan business will be used to quickly digest this huge amount of funds in the private sector.

Moreover, in order to cooperate with Li Xuanqing's previous intention of making additional investment in the grassland area, the Ministry of Industry and Commerce and the Ministry of Finance directly issued a fixed amount of loans to business owners in the three grassland provinces or engaged in specific industries in the three provinces, and guaranteed the minimum loan amount in the three provinces. However, compared with the majority of this time, several provinces in the Northern Industrial Belt are the biggest beneficiaries this time, because in Murong Hanhai's planning, these provinces together will account for more than 60% of the total amount of special loans. Under the circumstance that Li Xuanqing unswervingly promoted the industrialization of the north, the vast areas of the south received a relatively small share of this special loan, and except for Jiangdong, Guangzhou, and Nanzhao Province, which had specially accelerated the development of the Western fleet, the other regions were able to receive very little quota.

However, in order to appease the grievances of these local envoys, Li Xuanqing said that after the seizures from the Sanhan side were handed over to the central government, he would increase investment in these provinces in batches, and began to guide the representatives of the business community led by the six major families to increase investment in these regions at an appropriate time, so as to help these regions lay a certain industrial foundation without the main energy of the empire.

And in fact, in addition to the special loans, the allocation allocated by the cabinet to the Ministry of Communications is the most important part, because the railway plays an increasingly important role in transportation, especially in various regions of the interior, so the Department of Railways is preparing to build a railway from Taiyuan to Luoyang at the same time, decided to open the Qinchuan railway line from Guanzhong to Chengdu, and in the later stage choose the opportunity to continue south to Guangzhou. However, this plan was half approved by Li Xuanqing, that is, the Qinchuan line itself. However, the Ministry of Railways began to prepare immediately after receiving permission, and really started construction from Chang'an when Chen Fan took Sanhan, for which the cabinet once again allocated additional funds.

What was later called in the history books as the primitive accumulation of capital in the empire began to arise from here. Because it has participated in all aspects of the Northern Industrial Belt, it is the Royal Asset Management Group and the six families that have benefited the most from it, and almost half of the special loans have been issued to them. The royal family and the six major families, who have received huge benefits, have also received orders from Li Xuanqing and Qiaoxi, and these special loans must all be used for the development of the list of key industrial industries formulated by Li Xuanqing in the five-year industrial plan. And they are required to use this batch of funds in place, on the one hand, to repay their previous loans in the bank, and on the other hand, to quickly sell a large number of low-end industries within their families, so as to complete the transformation and upgrading of the entire industry.

It can be said that Li Xuanqing and Qiaoxi used their own means and power to forcibly transfer all the money they had snatched back to industrial development in a short period of time, so as to avoid the rapid rise in prices caused by the influx of large amounts of funds, thus crushing the current balance of the domestic market. There was also the question of agriculture, which, after four years of continuous development, began to change markedly in the proportion of industry and agriculture in the economic structure of the empire. When developing industry, Li Xuanqing did not want to exploit agriculture too much, especially when industrial development was successively receiving a large amount of foreign funds, and using agriculture to feed industry was no longer a necessary step.

However, because agriculture, especially the main grain prices, is still the basis of all social prices, and considering the fact that the price level will inevitably rise due to the entry of a large amount of capital, Li Xuanqing took advantage of this time difference to decide to continue to implement the previous strategy, and at the same time did not take the initiative to adjust the prices of agricultural products, he also indirectly supported the development of the agricultural processing industry, and at the same time increased the income of the peasants. Avoid social problems caused by excessive income disparities among all strata.

However, after seeing the declining era of agriculture in later generations, Li Xuanqing and Qiaoxi decided to take precautions and prepare in advance, at least taking advantage of the advantages of a large number of state-owned farms under the control of the current imperial government, and began to ponder agricultural mechanization. State farms were then used for pilot projects, and finally to the private sector in response to the imminent shift of the agricultural population to industry. Because no matter how Li Xuanqing adjusts, after a large amount of capital enters the industrial industry, the development of industry will inevitably be more rapid, the scale will inevitably be larger, and the required workers will definitely show a geometric multiplier, so after the shortage of the original workers, their treatment will inevitably continue to rise, and the continuous increase in the situation that the original income is higher than that of the peasants will certainly accelerate the rapid transfer of the agricultural population, and the population engaged in agriculture will decrease after the transfer of labor, and can only be replaced by machines. And Li Xuanqing is actually doing this to expand the market for the upcoming machine development.

Compared with others who were still immersed in the excitement of the primitive accumulation of capital, the imperial asset processing center led by Qiao Xi himself had a more far-reaching vision, and when a large amount of capital entered the production field, the original market was not enough, although Li Xuanqing quickly approved the plan of Sanhan and the Tibetan area, and used the war to expand the territory on the one hand, and solve the empire's territory and security problems, on the other hand, it was not in advance to find a new market for these huge industrial products that were about to multiply in advance without the internal market being opened. For this reason, when the main force of the Western Expeditionary Army was transferred to repair and wait for the continuation of the campaign, Li Xuanqing quietly asked the Ministry of Industry and Commerce to promulgate a list of export industrial and commodity industries, opened up the export restrictions on most industrial products, and instructed local customs and river customs and other institutions to quickly relax the restrictions, first of all, to cancel the local protection in various places within the empire, expand the internal market, and secondly, to expand foreign trade, that is, the export restrictions on maritime trade and Northwest Silk Road trade, grassland trade, etc., Ensure that large quantities of industrial finished products can have enough market to meet sales problems.

Although inland trade began to develop rapidly with the stability of the grassland area and the gradual opening of the Silk Road in the northwest, whether it is quantity or quality, or maritime trade occupies a huge advantage, Oriental trade in the case of the Xu family's almost monopoly every year just flowing into the territory of millions of taels, and after Li Xuanqing proposed the Tang currency settlement circle, the corresponding action of the Xu family is the most active, to this day, In Japan and Sanhan, as long as it is a transaction with the Tang Dynasty merchants headed by the Xu family, Tang coins must be used, and the Tang Dynasty money bank branch even opened directly to the Japanese mainland, because beyond the establishment of the financial system of this era, the officials and people in these two regions do not know the harm caused by the use of other countries' coins to their own economies. After a long time, this vassal role has become more obvious, and the money banks sent by Li Xuanqing to Japan and Sanhan are not only as simple as providing financial services, they are also the vanguard of Li Xuanqing's control of local finance, and further exploit the economy of these places by artificially manipulating the exchange rate between local gold and silver and Tang currency, and transfuse blood for the economic development of the Tang Dynasty. The booming Nanyang trade also benefited from the confluence of the merchants of Fujian and Guangdong led by the Zhang family and the merchants of Jinling and Hangzhou, and there was greater development potential, which even Xu Xingxia saw, so after the establishment of the province in Liuqiu, he directly entered the big island, cooperated with the royal family to establish a new shipyard and then formed a new fleet to share the pie. Through the Nanyang route, Datang has bought all kinds of industrial products from itself to places such as body poison. Large quantities of gold and silver were quickly absorbed and brought back from these places, which directly contributed to the economic development of the empire.

Compared with the northwest and other places that rely on the army to grab money to complete the primitive accumulation of capital, maritime trade is actually the orthodox way, and at present, because there is only one Datang in industrialization, there is no possibility of imitation of these goods after they are sold. For example, the bicycles that are now selling well, although the locals feel very novel after being sold to places such as poison and Japan, there is no way to copy and imitate them, and this basic material has brought great advantages to the development of various manufacturing industries after accumulating little by little.

"One is right and one is strange, that's right." Li Xuanqing and Qiaoxi nodded at the reports sent from all over the country, and the two looked at each other and smiled, the capital needed for the development of this domestic industry can be regarded as having a real source.