Chapter 144: A loss that hurts the emperor's heart

The three talents expanded their business to almost all industries that could be carried out in the Liao Kingdom, such as grain, long reed salt, wood, furniture, and building materials in Nanjing Province, coal, oil, ash, and medicinal materials in Xijing Province, cattle and sheep, dairy meat, fur, horses, wool, ginseng, logs, gold, silver, copper, and iron minerals in Tokyo Province (most of which were the territory of the Jurchens). Basically, those who can make money have been stepped in by the three brothers and seized a large market.

Using developed science and technology and leading management organizations, basically every month has a turnover of three million, in the textile industry, the base of flax and wool spinning is in the northern border of the Song Empire several large cities, Mongolian steppes and the Northeast Plain will continue to produce agricultural and sideline products and minerals to the Song-Liao border, Liao seems to be at the level of an absolute exporter of primary products and importers of manufactured goods.

In addition to salt, wine, tea, sugar, pen, ink, paper, inkstone, ceramics, bricks, ironware, calico, and sacks, there are also extremely black prices such as telescopes, dressing mirrors, steel ingots, refractory bricks, and delicate and light modern jewelry (in ancient times, the jewelry belt that could crush people to death would break the neck)

A 5*30 monocular is worth 1,000 taels of silver, a 30*200 cm dressing mirror is 7,000 taels, a ton of steel ingots is 500 taels of gold, a silicon-based refractory brick that can cover a 30 cubic meter earth blast furnace costs 600 taels, and a graphite crucible costs 700 taels. Each piece of pure gold jewelry necklace costs 4 times the quality of gold.

Almost all of the top-notch luxury goods and high-tech products that the aristocracy did not dare to ask for were bribe-paying materials used to give favors. What really makes profits for Chenji Group is the import and export commodities with huge trading volume. A piece of jewelry can earn up to 300 taels of gold, but it can only drive a few jobs, while the dairy products, leather, and horn tendons produced by 1,000 cows can bring at least 6,000 yuan in net profits, driving more than 200 jobs.

The vast and sparsely populated Liao State exported a large amount of raw materials to the Great Song Empire, and imported a small amount of luxury goods and consumer goods to supply the powerful could still generate a trade surplus. These trade surpluses greatly alleviated the money shortage of Liao, and through the promotion of Chenji money, Chenji Group expanded the seigniorage area to the whole of Northeast Asia.

All this is thanks to the Khitan nobles who have taken the initiative to pursue sinicization, especially His Majesty Yelu Hongji, the emperor of Liao. Ten years of tax exemption will be at least 40 million or more. At the rate of explosive development, it is optimistically estimated that the tax reduction will reach a maximum of 100 million yuan. This money should have gone into the treasury and the emperor's internal funds, and if the emperor had this money, he would not have a headache in suppressing the Jin State. Large and small Khitan aristocratic clans can divide up at least 20 million yuan. You must know that the annual income of the Liao State plus the annual currency of the Song State is only a few million guan, and the annual income of the Song State is more than 100 million yuan at every turn, which is not in the same order of magnitude at all. The total population of the Liao State was only more than 10 million, and the productivity was only one-third of that of the Song Empire, and the competition with the Great Song Empire, which had a population of more than 100 million, was only a military advantage. The military "impotence" of the Northern Song Dynasty was well known, but it was able to control and successfully block the enemy in the war without the smoke of gunpowder.

Unlike the Han and Tang dynasties' usual strategy of "if you can't beat others, you will exchange peace by being an old man or an uncle", the Northern Song Dynasty mainly exchanged money and materials for peace. The Northern Song Dynasty and the Liao State signed the "Lanyuan Alliance", agreeing to pay 100,000 taels of silver and 200,000 horses of silk to Liao every year, and the two sides will guard their borders and not disturb each other. On the surface, we have to "entertain and give gifts" after winning a war, but in fact it is not: If we continue to fight, not only will the people not be able to get peace and social and economic development, but the annual military expenditure will be dozens or even hundreds of times that of the "annual currency."

It is worth noting that when the Northern Song Dynasty and the Liao State signed the "Alliance of the Yuanyuan", there was also a very important agreement: the two sides set up five changchang (i.e., bazaars) on the border to carry out restricted free trade. Liao is located in the north, rich in products, and developed animal husbandry. Raw materials, sheep, horses, camels, etc., were continuously imported into the Northern Song Dynasty, and ironware, porcelain, silk, tea, and rice from the Northern Song Dynasty were continuously imported into the Liao Kingdom. In economic and trade exchanges, there is no suspense about the outcome of raw materials PK handicraft products: Liao not only lost all the "year coins" collected, but also had to be upside down every year. Later, the Liao State was in a dilemma: it continued to export small quantities of horses to the Northern Song Dynasty, and the Northern Song Dynasty would use these horses to equip its cavalry -- in the era of cold weapons, horses with high mobility surnames were a nightmare for the infantry, and the Liao State was able to obtain "New Year's coins" because of these "sophisticated weapons"? However, without exporting horses to the Northern Song Dynasty, there was really nothing to sell. Liao's GDP has been limited to almost zero growth for decades by this trade war.

In order to achieve their goal, the three insatiable guys bypassed the sensitive commodity of horses, wantonly imported other Liao specialties, and brought the Chenji style of making the cake bigger and then eating it to the extreme. The speed of expansion is simply insane, as long as the horses are not sold to the Song State, the management of the Liao State border is useless. A shipload of merchant ships full of leather goods from the Liaohe River was replaced with a mirror and 200 copper coins, and both sides were happy. It is also common for a hundred camels loaded with grassland medicinal herbs, golden sand, jade and agate to exchange for a hundred iron pots and 100 sacks of tea bricks at a newly opened field on the border of Yingzhou Jiedu on Xijing Road in Liaoguo and Daizhou on Hedong Road in Songguo.

These are equivalent to Chenji's internal transactions and transactions between partners, and the nominal agents are all three killers. With a large number of benefits to gag the mouths of the officials who collect taxes, coupled with the reward that the emperor promised to be tax-exempt, those officials who are loyal to the state and diligent in the king's affairs will not succeed even if they resist the pressure of making the emperor unhappy and wearing a shameless hat. Because a large number of chiefs, nobles, and clans who cooperated with the Chenji group would oppose the emperor's perfidy and re-taxation on the grounds of harming their own interests.

After discussing the matter of raising commercial taxes and taxing subsidiaries such as the North Company, the Grassland Company, and the Songliao Trading Company under the Chenji Group in the Great Dynasty Meeting, it immediately attracted a bunch of weighty opposition. Yelu Hongji, who couldn't do anything, could only salivate at the numbers. The heartache lasted for several months, until the other industries that cooperated with Chenji (the state-owned monopoly goods are similar to the Great Song Dynasty, they are all central enterprises) expanded in scale, and the profits and taxes paid increased significantly.

The nobles of the clan who opposed the tax increase in the imperial court were also embarrassed to glance at the emperor to the side and eat alone, and the endless gifts and offerings were enough to appease Comrade Yelu Hongji, who had never seen the world. A set of high-quality polished Ming and Qing dynasty furniture, Simmons, and sofas moved into the palace of the four o'clock, and the ** beauty painted with new cosmetics also made him old and weak.

But in the dead of night, looking at the bright moon outside the window with transparent glass and the exquisite stationery on the table, Yelu Hongji had an urge to smash things. All he thought to himself was whether these things were worth tens of millions of dollars in taxes? Is it worth it? If Yelu Hongji could sing, he might definitely sing "Come Back Soon".