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Volume III Aftermath 32 Monopoly of the Malayan Tin Industry Lee Tin Company

Li Renqiao did not disclose the details of the American company, but under his persuasion, Li Yuanshan decided to accept Yao Hongmin's proposal and decided to work hard in the tin industry

Li Yuanshan gritted his teeth and sold part of the shop, raised one million yuan, and then took out a loan from the American Chinese Bank to raise 3 million yuan, which was invested in the tin industry in Malaya.

"Mr. Li, I really didn't mistake you. Lee's Tin Sdn Bhd is just around the corner to become a first-class tin company in Malaya. Yao Hongmin said with a smile.

In order to deepen the cooperation between the two sides, Meihua Company also has a 10% stake in Lee's Tin Company. In addition to Lee's tin, Meihua also plans to cooperate with a few Chinese tin companies to control half of Malaya's tin industry.

"Manager Yao, I have to rely on your support to accept your noble words." Li Yuanshan said modestly, a little excited in his heart. Although the factory has not yet been put into operation, once completed, it will produce tens of thousands of tons of tin every year, with an output value of more than 5 million.

"Everyone is a partner, and Mr. Li doesn't have to be so polite. Besides, Renqiao and I are also friends, so it is said that you should be called uncle. ”

Yao Hongmin said with a smile, "As far as I know, the best tin mine in Malaya is in Perak, as far as I know, there are hundreds of tin mining companies in Ipoh City in Perak alone, most of them are small companies with only a few dozen people, the power is scattered, the competition is disorderly, we should integrate them and condense them into a neat order to make great achievements."

The fastest way for me to expand is to buy the tin mines in Ipoh, and if we can afford to pay a good price or exchange shares for their tin mines, I think they will be happy to work with us. ”

"That's what I mean. After we integrated the Chinese tin company, the next step was to directly annex the British tin company. Those foreign devils, in fact, have nothing to be angry about. Aren't the hundreds of thousands of miners in Ipoh all of us Chinese? We Chinese are the leaders of the Malayan tin industry. ”

Li Yuanshan said proudly.

Yao Hongmin smiled, the United States and China Company also saw the prosperity of the Malayan tin industry, the integration of the Malayan Chinese tin industry is only the first step, but the ultimate goal is to monopolize the tin mines in Malaya, so as to obtain the pricing power of tin in the world.

Most of the world's tin ingots are produced in Malaya and Indonesia, and in addition to Malaya, the American Chinese Company also controls some of Indonesia's tin mines. Now, with the addition of the Li family, Meihua Company's control over the production of Nanyang tin has been further strengthened.

Yao Hongmin silently thought that the Meihua Company not only needed to control the tin industry in Nanyang, but also planned to let the tin company digest the Chinese workers of the Meihua system and implement the Nanyang Foundation's strategy of imperceptibly organized migration.

"Mr. Yao, there is still a problem, that is, the tin company needs a large number of workers, and it is conservatively estimated that at least 15,000 workers will be recruited on the mainland. Do you think you can do this for you? ”

Li Yuanshan pleaded. Even with advanced equipment such as electric motors, mining still requires a large number of young and strong laborers, without which everything is not working. And these mining workers can only be recruited from the mainland, and it is impossible to count on those lazy natives in Malaya, so without waiting for Yao Hongmin to export, Li Yuanshan took the initiative to bring it up, which was exactly what Yao Hongmin wanted.

"No problem. However, it is not easy to manage these laborers. We have a rigid rule in Meihua Company, that is, for the workers we find, we must follow the management.

Uncle Li can entrust these laborers to the management of the security company under Meihua Company, and we also provide security services. As for the business decisions of the tin company, we will not interfere. Uncle Li, you also know that it is difficult for those Chinese workers to go abroad, and if we can't manage them well, many of them will die in other places, or be destitute. We don't want to be a trafficker company like Ngee An. ”

Yao Hongmin looked at Li Yuanshan sincerely.

"Well, since Hongmin has said so, what else can I say? In fact, I am very relieved about the management of the mine by Meihua. Li Yuanshan thought about it for a while, a little unhappy, but he had no choice but to admit it. Who called Meihua Company strong? In addition, most of the money of the tin company was borrowed from the Meihua company, and the workers were also provided by the Meihua company, so as long as the other party did not interfere in the operation of the tin company, Li Yuanshan could still accept the somewhat excessive conditions of the Meihua company.

Yao Hongmin's mention of the Ngee An Company made Li Yuanshan feel related, and the previous generation of the Li family was deceived into coming to Nanyang, commonly known as selling piglets.

It's a sad word. You can't simply put all the blame on the gang or the association. It's just that what people criticize is the bad habits that are popular among Chinese workers -- smoking big cigarettes and gambling. Gangs or mining companies will use this to squeeze workers out of their hard-earned money by smoking and gambling.

This is very common. In Nanyang, there are many examples of mining companies and plantations of both foreign and Chinese businessmen, even those who are willing to give. (If you are interested, you can go to Baidu to take a look at the cigarette tax contracted by Chinese businessmen.) ）

Nanyang Foundation relies on a group of healthy and literate migrant workers to implement the new immigration strategy, so it must not let the management of the workers be laid-handed, let alone let the hard-working workers be ruined by smoke and gambling, so it has been very strict in this regard. At least in terms of education, literacy and financial management, it is very strict.

Some people did not believe in evil and went to the mines and farms of the Meihua Company to sell large cigarettes, and after friendly advice to no avail, they evaporated within a few days. After trying it a few times, even those gangs didn't dare to fight the idea of Meihua. It's funny, in order to compete for labor, the fight against Chinese gangs and associations has become a tacit understanding between the colonial government and the American Chinese company.

With the strong financial support of the Meihua Company, Li Yuanshan acquired several Chinese tin mines in Penang in one go, and at the same time entered the tin industry in Perak, Malaya. Initiated a series of mergers and acquisitions in Ipoh, known as the "tin capital", controlling 2 large and medium-sized tin mining companies, and acquiring 50 large and small tin mines in one go.

Through a series of mergers and acquisitions, the emerging Lee Tin Company controlled 20% of Ipoh's tin ore from the source.

Relying on the natural relationship of the Chinese, Lee's Tin Company also successfully signed a purchase contract with the Chinese tin miners in Ipoh. Because of the fair price, more than half of the Chinese tin miners were willing to sell the mined tin ore to the Lee Tin Company.

Tin making is more profitable than mining, and after controlling a part of the tin ore, Li Yuanshan focused on the production of tin ingots ff8.

The machine introduced by the Meihua Company from the United States made the Lee's Tin Company not only have the efficiency of tin mining that does not belong to the British businessmen, but also make the Lee's Tin Company unique in the manufacture of tin ingots.

Even the British businessmen admired this and were dumbfounded, because it is much more difficult to invest in a tin factory than to mine tin ore, and the investment is greater, which is not something that ordinary people can do.

Lee's Tin has built two tin factories in Penang and Ipoh, with a combined annual output of 10,000 tonnes in the first year. With the expansion of Lee's Tin Company, Penang and Ipoh were no longer enough to satisfy Lee's ambitions, and he gradually extended his tentacles to the Kuala Lumpur area in the central part of the Malay Peninsula. A larger tin factory was built there, doubling Lee's tin production a year.

The Malay Peninsula is rich in tin mines, and where there are tin mines, there are Chinese people. Penang, Ipoh, and Kuala Lumpur are all places where Chinese people live, especially Ipoh and Kuala Lumpur, which have gradually formed cities because of the prosperity of Chinese tin mining.

By 1919, there were more than 500,000 Chinese workers engaged in tin in the whole of Nanyang, and 150,000 in Malaya

That's not counting the most, the largest number are Chinese miners in Belitung, Indonesia, with a whopping 25 in number

There, there was fierce competition between Belitung Mining Company, a subsidiary of the Ami-Hua Company, and Dutch tin merchants. Not only is it constantly dirty in secret, but it even moves on the surface.

Because the Belitung Mining Company is registered in the United States and is an American enterprise, the Dutch colonial government has the intention of favoring its own companies, but it is not good to go too far. In the open, the Dutch company has the advantage, but secretly, the Belitung company has the advantage of force.

In several conflicts, both sides suffered heavy losses, and the Belitung Company failed to pull the other side down, but in the fierce struggle, it erected authority and won over a group of Chinese mining companies.

The reason why the Chinese merchants in Nanyang lost to the European merchants was that in addition to the policy factors, the European merchants had more abundant capital and technology, and when the Chinese were still using manual mining of minerals, the European merchants used various machines to produce on a large scale, which was much more efficient.

The value of the Mei-Hua Company was to provide capital and technology to bring Chinese businessmen to the same competitive conditions as European businessmen, so as to become the leader of the Nanyang Chinese consortium.

Easier said than done. In view of the fierce competition with Dutch businessmen in Belitung, it is difficult for the American Chinese company to directly carry the British businessmen in Malaya, so they will vigorously support the Li Yuanshan family.

Overall, the business environment in Malaya is better than that of Dutch Indonesia across the sea. Chinese businessmen not only achieved remarkable economic achievements, but also gained a certain amount of power in politics.

Penang, Kuala Lumpur and other places where Chinese live in large numbers of Chinese people served in colonial governments, including important positions such as Kapitan, the leader of the Chinese autonomous region that Teo Pil-she, who had recently died.

The Nanyang Foundation, which had been restrained by the affairs of Dutch Indonesia, did not intend to fight with the British in Malaya, and took measures to support local Chinese businessmen, so it acted more gently and covertly.

Tin mining is the backbone of Malaya's economy. With the exception of a few large foreign consortia, the tin mining industry in Malaya is in the hands of Chinese merchants, who play a pivotal role here.

In order to gain more voice in Malaya, although Meihua Company cannot stand on the bright side, it can obtain the leadership of the Chinese tin merchants in Malaya through Guò Lee's Tin Company?????????

(For the record, there is no charge.) In this book, Chinese refer to all descendants of Yan and Huang who have Han Chinese descent and believe in Chinese culture, not Chinese who have acquired foreign nationality as the official name is now called.

In fact, the Chinese who could be naturalized in foreign countries a hundred years ago were all people who mixed well, and the vast majority of Chinese immigrants failed to naturalize locally, and they were all genuine Chinese, but unfortunately most of them had families that could not return. It's a really painful explanation, and it confuses me, anyway, it's just a matter of a while. ）

Volume III Aftermath 32 Monopoly of the Malayan Tin Industry Lee Tin Company

Volume III Aftermath 32 Lee Tin Company Monopoly of Malayan Tin Industry,

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