In order to build the Haihe Industrial Zone, it is difficult for them to raise the funds they need, even if it is partially supported by the central government, but it is difficult to solve the problem by relying only on the financial institutions of Zhili Province and Tianjin Prefecture.

However, we can't give a little this year and a little next year, and the time for the construction of industrial zones will span to seven or eight years or even more than ten years.

If you want to complete the construction in a short period of one or two years, and then attract a large amount of capital to settle in, then you need to invest a lot of money in a short period of time.

Where do these funds come from?

In fact, it was the Tianjin Mansion Yamen who borrowed money from the Royal Bank!

That's right, it's the government that borrows from the banks!

Its first batch of loans amounted to 3 million, which was personally guaranteed by the governor of Zhili Province, Yamen, and secured by the future financial revenue of the Tianjin government.

That's right, it is to use the government's fiscal revenue as collateral, and during the ten-year repayment period, the local tax revenue of the Tianjin government will be collected by the Tianjin Finance Bureau under the Central Ministry of Finance, and a part of it will be directly deducted to deduct the principal and interest.

The Royal Bank is not a debt of the government, because all the taxes of Tianjin Mansion are deposited in the Royal Bank, and the Royal Bank of Tianjin knows more than the director of the Finance Department of Tianjin Mansion.

If this kind of thing is a change of candidate, for example, the Royal Bank is replaced by a foreign bank, then it is a proper betrayal!

But the Royal Bank is the property of the royal family, and the royal industry is not directly different from the state-owned enterprises for the empire.

After all, the empire is a monarchy, and the whole world is not the king's land. On the shore of the land, it is not the king's minister. Translated, the whole empire is Lin Zhe's, whether it's land or people or everything else.

The whole country is Lin Zhe's. Therefore, for Lin Zhe, how much money the royal family makes in the property is of no practical significance, and money is just a set of data for him.

He supported the development of the royal industry at the beginning because there were many things that private capital would not do, and could only do it on his own. Under the current system of the empire, there were no government-run enterprises, and the scale of the Lin family firm at that time was not small, so the Lin family firm was completely reorganized into the treasury department of the palace affairs department, and then used to develop and control some important industries.

Hence the Treasury Office in the Palace Affairs Department. It's a three-way street, you say it's an administrative agency, but it's a group of businessmen, compradors, shopkeepers, managers or something, and its operation mode is based on the headquarters of a large enterprise group.

But you have to say that this is a company headquarters, but the people in it are all receiving the salary of the state, and the title is also the director of the officialdom. Section chief or something.

And there are many nondescript institutions like the Finance Department within the Empire, especially the many subordinate institutions in the Palace Affairs Department, and in many cases, it is impossible to distinguish whether they are state administrative agencies or other institutions.

There are commercial institutions such as the finance department, and there is also a royal palace security department with hundreds of people such as the chamberlain's room. Then there are service institutions such as the Medical Service, and then there is also the Secretariat, which acts as a formal administrative body for Lin Zhe's private cabinet.

At first, it was only to serve the royal family's palace office, but by the end of 1861. It has swelled to 16 departments and has more than 1,000 direct employees.

And many departments are chaotic in nature. It's confusing, and sometimes some personnel appointments in the palace department give headaches to the officials on the organization department. Because they don't know whether they have the right to meddle in the personnel rights of certain subordinate agencies of the palace department.

For example, in the case of the Secretariat, they have this right, and many of the secretaries in the Secretariat are young and talented people selected from the Imperial officialdom, and some of them are young students who are among the top in the national employee examination.

However, the financial department, which is more famous than the secretariat, is not clear about whether the personnel appointment of this department is under its own control, at the beginning, the personnel of this institution are directly transformed from the people of the headquarters of the Lin Commercial Bank, and in the middle of the period, Lin Zhe asked the organization department to select some officials with good industrial and commercial strength from the officialdom to serve in the financial department.

Just when the Organization Department thought that it could manage the personnel appointments of the agency, but then the Finance Department itself began to select talents from many subordinate royal industrial enterprises, and many officials sent to the Finance Department by the Organization Department were rejected by them.

There is also the chamber of attendants, which has something to do with the military, because the chamber is responsible for the security of the royal family, and the security personnel under it are all active troops of the Guards, but some of them are personal security personnel arranged by the intelligence department.

Nowadays, the relationship between the various subordinate agencies of the palace affairs department is very complicated with each other, with the military, with the cabinet, and with the royal family itself, so that the major departments of the cabinet have a headache with many subordinate agencies of the palace affairs department, not because the existence of many institutions of the palace affairs department shares their powers, but because they do not know who to deal with.

At the same time, there are more and more institutions, and palace affairs, cabinet affairs, and military affairs are all mixed in, which has led to many problems such as administrative inefficiency and bloated institutions.

In addition, it is very important that the palace affairs department does not have the position of director, which means that the palace affairs department does not actually have a general organization, but each subordinate agency works separately and is directly responsible to Lin Zhe, the emperor.

Feeling the chaos of the various institutions under the Palace Affairs Department, Lin Zhe also gradually had the idea of reforming the institutions under the Palace Affairs Department!

At the beginning of the establishment of any system and institution, it has its own reasons, and for a certain period of time it is correct and represents the advanced nature, but with the passage of time, the system and various institutions will lose their original advantages and become a burden.

Therefore, for any country, it is always necessary to carry out various reforms every once in a while, because only change can constantly adapt to the times.

Obviously, after several years of development, the palace affairs department has obviously been unable to adapt to the current situation of the empire!

It is logical that Lin Zhe wants to reform the palace affairs department!

Lin Zhe has always been a person who does what he says, and since he decided to reform the palace affairs department, he began to prepare for this at the end of 1861.

After the arrival of 1862, Lin Zhe officially started the reform of the palace affairs department!

First of all, the financial department of the palace affairs department was separated from the palace affairs department, and the 'royal asset management office' was established, which was fully responsible for the management of the assets owned by the royal family, and its subordinate enterprises owned by the royal family, such as the royal bank, the three major weapons companies, the Jiangnan Mining Company, the China Railway Company, the Shanghai Textile Company, the Jiangnan Chemical Company, the Shanghai Shipyard, the Qingdao Navy Shipyard, and the China Telegraph Company, as well as a number of enterprises controlled by the royal family or with some blessings, such as Linde Machinery Company.

In addition, some non-corporate royal assets also fall within their management, such as some real estate owned by the royal family, including some granges, tea houses, and mansions in Yuyao's hometown, and a large number of mansions owned in Nanjing and Beiping, including the current Shanghai Municipal Government Building, which was formerly Lin Zhe's palace, which was originally the private property of the royal family, and the Shanghai Municipal Government was just renting.

The other is the Forbidden City, when it entered Beiping, because there was no war to spread it, it directly accepted the whole of Beijing, and all the private property of the Manchu imperial family was confiscated, and the palace of the Forbidden City and a large number of royal gardens were accepted by the royal family.

Most of these royal palaces and gardens are currently mothballed, but a few are used for schools, administrative offices, and some are open to the public as parks.

However, the appropriation of other uses is still relatively small, including the Forbidden City, the Old Summer Palace, a large number of palaces and gardens are sealed, temporarily used as the royal palace.

In order to prevent these palaces and gardens from being barren, it is necessary to invest a lot of money in repairs every year, and the local finance in Beiping is naturally unwilling to carry a big burden for no reason, so the maintenance of these palaces and gardens has to be carried out by the royal family.

How to say it, if it is said that the royal family picked up a Forbidden City and a large area of royal gardens for nothing, it is better to say that the royal family has taken over the maintenance burden for the local government of Beiping.

If it is said that according to the Royal Asset Management Office, it was known that this was the case, and all the valuable things in it were taken out at the beginning, and then directly burned these palaces and gardens or something, which also saved so much trouble now.

However, it was not burned at the beginning, so now the Royal Asset Management Office has to take care of these royal properties!

After the separation of the affairs of the Imperial Family from the Imperial Office, the newly established Imperial Asset Management Office was a typical corporate group-type organization, and all organizational relationships such as personnel were subsequently separated from the government. The remaining treasury office in the palace office still retains the title of treasury office, but it is only responsible for the direct expenses of the royal family, such as food and drink.

There are two main sources of funding, one is the royal living expenses allocated by the state finance, which is rated at 5 million yuan per year, but this piece has not been obtained by the royal family in recent years, for example, in 1861, it only took hundreds of thousands, but at the same time, it changed hands and gave these hundreds of thousands back to the cabinet, in other words, as of 1862, the royal family did not spend a penny of the national treasury.

Of course, it is Lin Zhe's choice whether to spend the country's money or not, but whether to give it or not is a matter of the system, so regardless of whether the royal family wants it or not, the annual royal living expenses of five million yuan are determined.

The second piece is the funds allocated by the royal family's property, and there is no fixed amount for this, because the royal family property belongs to the royal family's private property, and Lin Zhe can spend tens of millions of dollars from the royal family asset management office one day.

The core of the reorganization of the Treasury Department of the Imperial Affairs Department is not to say how much money the imperial family spends or how much money the imperial family property makes, but to make the management of the imperial property independent of the official administrative body.

The royal property is a commercial institution anyway, so don't get involved with those who are in power. (To be continued.) )