Section 476 Militarized Urals
The money company is not some kind of financial company in later generations, but in fact it is a bank in the modern context, and it is a joint-stock bank.
The business culture that Zhou Lang expects is mature in the situation of a commercial company. After Zhou Lang saw these situations, he continued to lower the threshold for the establishment of a joint-stock commercial company. First, the power of the concessionaire was delegated from the state to the provinces, and then the prefectures and counties were allowed to license the establishment of joint-stock companies, and the non-monopoly companies in the cities were also allowed.
As a result, the company has been numerous over the years, and it has quickly covered all walks of life. These companies went public and issued stocks and bonds, which greatly prospered the financial market.
One of the most special companies is the money company, which is no more complete than other companies, almost not long after the decentralization of the company's authority, began to appear, and in less than ten years, it covered the entire financial system like a wildfire.
After several major waves of financial crises, there are now very few privately owned money banks and pawnshops in China, but all financial institutions with some strength have reorganized themselves into money companies. At first, the names were very inconsistent, some were called pawnshop companies, which were mainly engaged in pawnshop business, and some were called money companies, which were responsible for money exchange and rice money companies, and they were also engaged in the rice industry, and the origin was those small-scale money and rice shops.
During the war ten years ago, the world's economy was very depressed, a large number of joint-stock financial companies went bankrupt and collapsed, and the public banks strengthened the supervision of the money industry and issued stricter management regulations.
Standardized management has not affected the development of the financial industry, but has allowed a large number of financial companies that have survived the crisis to expand rapidly. They use the financial market to issue stocks and bonds to raise funds, and then put capital into the market to make profits. Whether it is financing or profit, it is much larger than its own funds. In periods of economic growth, their development is the best.
And after the rectification and merger, the name is becoming more and more unified, except for some time-honored money banks, pawnshops, most financial companies are called money companies, so money companies have become synonymous with joint-stock banks.
Long before the rise of money companies, China's financial industry, money banks, pawnshops have started a comprehensive financial business, pawnshops are not only mortgage business, money banks are not only change business, but are engaged in deposits, loans, mortgages, exchange and other businesses.
Based on these comprehensive financial businesses, the money company has grown rapidly, and their names are mainly based on the names of various places, such as Qixian money company, Jingyang money company, such as the small county town of the money company, the scale of the money company is also quite large, but the largest group of money companies are still the big money companies approved by the provinces, the largest is the Guangdong money company, Jiangning money company.
These money companies can create money and expand their capital by issuing checks, acceptance bills, etc., but they do not have the legal power to issue money.
The Jin merchants have always been the largest force in the money industry, and among the members of the Shanxi Guild Hall are the families who run the money industry, and they proposed to set up a money company in the Urals, and use the power to issue banknotes as a condition for financing the Ural Kingdom, which made Queen Olga hesitate for a moment.
But she still agreed, firstly, she did not know much about finance, and secondly, she really needed money, at least in the Urals, the Shanshan Guild Hall was the most capable force to help her solve her financial difficulties. However, she asked the Shanshan Hall for a loan of 10 million taels of gold, but it also startled the other party.
Wu Xingshou gritted his teeth and agreed. Then they explained in detail to the queen the rules of their company, and the queen listened carefully. Olga doesn't know about finance, it doesn't mean that she doesn't have common sense, she also knows the consequences of banks printing money casually. Wu Xingshou also knows the harm of indiscriminate issuance of banknotes, they are in business, and the money industry is just a business, if the banknotes collapse, they can only be the businessmen who go bankrupt in the end.
Therefore, Wu Xingshou's money company has a detailed charter and strict regulations on printing money, but the reason why they want power from the queen is because they do not want to be restricted by the Chinese public bank, and some classic Chinese businessmen who have accepted Western economics generally believe that the method of issuing money with gold and treasury bonds as reserves has seriously affected the economy.
Wu Xingshou demanded that the queen not interfere with the amount of money they printed, but they guaranteed that the paper money they generated could be exchanged for sufficient gold, and the two sides signed an agreement that as long as they could always maintain the exchange of money, they would not interfere with the amount of money printed, and at the same time asked the queen to guarantee that they could use the government bonds as collateral to print the paper money that was not paid, and no one could refuse to accept these banknotes, and the government must also recognize that these banknotes have the effect of paying taxes.
The regulations are very detailed, so detailed that the other party has set any restrictions that the queen can think of, so the queen has no reason to refuse, as long as there is no chaos in the financial market, and the other party can bring enough money to herself, she has no reason to object.
The agreement was signed the next day, and Wu Xingshou was indeed very capable, and immediately delivered all the funds to the queen, of course, in the situation of paper money, gold could not be mobilized at all, but Chinese paper money was already equivalent to gold.
The Queen's debts, in the form of a package, were printed and sold in the Urals by the Chamber of Commerce, and at the same time the Chinese colleagues helped them issue a portion of the money in the market, and the money was returned to the Chamber's treasury and became the reserve of the Ural Money Company they founded. The money came full circle and came back, and they didn't lose anything, the queen's debt was to be paid, but they were given the power to issue a 10 million unpaid note.
The queen didn't care how the businessman made money, and after she got the money she wanted, she continued to support the operation of the country, but knowing that this was not the way, she became more and more inclined to the advice of her advisers, using the military power of the Urals and joining the great power game. Russia was willing to offer something in return for the queen to get some Prussian and Austrian territories.
Perhaps the queen will have an additional title of Archduchess of Wallachia, or Archduchess of Courland.
The expansion of the territory and the increase in the population will make it more capable of maintaining the militarization of the Urals.
But this must be discussed with her husband, and such an important matter must at least let her husband know. The queen is very methodical, she likes to negotiate some sensitive issues with her husband when she is in love, so that her husband who is in a state of excitement has no heart to ask at all, and will directly hand it over to her to deal with.
Sure enough, this time was no exception, when the queen said to her husband who was lying on her body that the militarization of the Kingdom of the Urals was very necessary, but the cost was too great, and if the military power could not be turned into actual benefits, it would be unreasonable to maintain militarization, and if it was not maintained, it would be impossible to protect itself, so she suggested that the Urals should intervene in the war between Russia and Austria for their own interests, and the husband who was on the rise said very impatiently, "You can just look at it", when the Grand Duchess handed the document to the king for signature, The king didn't bother to read the contents, immediately signed his name, and then went on doing what he loved.
The civil officials were naturally opposed, but what the Urals inherited was a whole set of Chinese political systems, which is the most barbaric monarchy criticized by Europeans, and the power of the monarch is greater than that of the most powerful tsar in Europe. As long as the queen and the king agree, the officials must obey, and their biggest resistance is to resign, or resign en masse, and the issue of war and peace, in fact, not all officials are opposed, officials are not able to take collective action to defend the unified faith of Confucianism like the reform of the imperial examination system, plus some of the officials that Olga has already encircled, she has basically gained the power to wage war.
At the cabinet meeting in the absence of the king, after Olga's attitude towards the war was announced, there was indeed a group of civil officials who objected, but Olga spoke to the group of Confucians, and debated with these people in her not yet fluent Chinese, telling them that there were many benefits to helping Russia, and that once Russia failed, the Urals would be finished, and she told these civil officials that once Russia was defeated, tens of millions of Russian refugees would flood the Urals, which frightened most of the officials, and many old bureaucrats were very interested in the Russian famine of that year, The refugees who tried to run to the Urals were impressed by the fact that they were a bunch of murderous beasts that could kill at any moment for a bite to eat.
After the secret meeting was passed, Olga quickly took out the order that the king had signed, calling for a general mobilization, and all reservists could enter the army to purchase new rifles and artillery from China to prepare for war.
The general mobilization of the Urals immediately attracted the attention of the world, but it also made the whole world scratch their heads.
The country's mobilization intentions are not known, because the public narrative is that exercises are being conducted.
But all countries know that this is preparing for war, and this small country that has just been formed is going to war.
Fight with whom?
At first, there were all kinds of suspicions, because the status of this country is too special, she is the product of a compromise between China and Russia, and it can be said that it is a puppet of China and Russia. The British were so suspicious of China that they even feared that it was the Chinese who had European ambitions and that the Urals would do something to Russia.
But it is more widely believed that the Russian princess Olga took control of the country, and she intended to aid her homeland.