readx;

The year 701 can be said to be an extremely important year for the empire, no matter from which point of view, the achievements of the empire in 701 are brilliant, and many historians in later generations even believe that if the official establishment of the Tang Empire was announced in 700, then 701 is the beginning of the real foundation of the glory of the Tang Empire. Pen, fun, and www.biquge.info

A series of laws and decrees were promulgated, as the nominal legal decrees of the empire to solicit opinions and discuss institutions, the imperial senate and the civic house of the empire spent two or three days a week to discuss the terms of a certain law or decree, originally thought that this was just an embellishment used by the empire to decorate the façade, but now everyone found that although these two courts do not see the real power operation like the government council, but as the formulation and promoter of laws and decrees, these two courts play an increasingly important role, and after realizing this, all classes have also begun to pay attention to this representative identity that was originally only for personal honor。

In 701, the Imperial Senate and the Civic House discussed and put forward more than 30 laws, decrees and regulations, of which more than eighty percent were related to the economic development of the Empire. Numerous amendments were introduced in both chambers almost every week, and after heated debate and bickering, they were submitted to the two committees for approval, and then submitted to His Majesty the Emperor for approval or handed over to the Council for approval.

The representatives of the Senate and the House of Citizens gradually realized their shallow knowledge of the law and their lack of knowledge of a bill that concerned their interests, so that the appointment of assistants and secretaries of the deputies became the most fashionable method for the deputies, so that whenever the Senate and the House of Citizens were discussing and debating at meetings, the so-called assistants or secretaries gathered outside the gates of the two houses, and later, at the suggestion of the deputies of the two houses, the Council of Government allocated special funds to requisition the land on both sides of the two houses, and built their respective offices for the representatives of the two houses, so that the delegates could communicate with their assistants and secretaries during the breakIn other words, to consult one's assistants and secretaries for their views and opinions on a certain clause to see if it is harmful or beneficial to one's own interests.

Graduates of Imperial University and Northwestern University, who studied law and economics, became the most sought-after for a time, and their salaries skyrocketed, with more than 100 former and recent graduates in this field becoming assistants or secretaries to these delegates in 701 alone, many wealthy delegates even hired two or three secretaries and assistants by themselves, and some representatives representing the interests of a certain region or class even formed think tanks to serve themselves and help them plan and study proposals that would serve the interests of their own class or region。

According to the provisions of the Basic Law of the Imperial Constitution, in order to obtain the qualification to submit to His Majesty the Emperor for approval, it must be approved by more than two-thirds of the representatives of each of the two houses before it can be submitted to His Majesty the Emperor, and after obtaining the approval of His Majesty the Emperor, it can become a law;

The basic law of the Imperial Constitution was submitted to Wufeng after many revisions by a group of legal experts of the empire after studying the constitution of the Tang River Empire and the constitutions of the countries of the Western Continent, combined with the current reality of the empire, and was revised by Wufeng himself, which became the first basic law of the empire and the basis of all laws. The Imperial Constitution must be amended by more than three-fourths of the representatives of the Senate and the House of Citizens, and must be approved by His Majesty the Emperor.

The passage of laws, bills, ordinances, and amendments thereto enabled the empire to quickly make up for its shortcomings in this area in terms of legislation, and the legislation regulating surnames also greatly promoted the all-round development of the empire's industrial and commercial economy. After studying the suggestion of Mr. Harding, a well-known economist from the Western Continent, the Imperial Treasury quickly replied, announcing that the Empire would choose Luxor to establish the Luxor Stock Exchange and the Luxor Futures Exchange in the second half of 701, and that the Yuhang Stock Exchange and the Jinling Futures Exchange would also be opened for business in the first half of 702. The empire encouraged the establishment of joint-stock enterprises and protected the trading of equity on stock exchanges, and the futures exchange was a relatively new thing in the Western Continent, and the empire quickly caught up in this regard, attracting a large number of investors from the Western Continent to the East.

In order to encourage people's enthusiasm for the establishment of joint-stock enterprises, the empire also issued a series of regulations to protect citizens' equity property and income, and Wufeng also formally vetoed the sale of all the existing mortar yards in the empire to the big merchants of the empire who were eager to take over, and only sold no more than 30% of the shares to them, and the remaining 70% of the shares will be traded directly through the stock exchange as the first batch of listed stocks in the second half of the year, which made the merchants of the empire who were eager to control the company anxious but helpless. The rubber mills did the same, except that the empire sold 50 percent of its shares, and the remaining half still had to be sold through the stock exchange.

These two pieces of good news immediately focused the eyes of the entire empire on the stock and futures exchanges, and the governor of Merley had made it clear that several major spices, which were the specialties of Merryshire, would be traded on the futures exchanges, and the Imperial Treasury had indicated that wheat, timber, iron ore, and gold could be traded on the futures exchanges. This almost immediately ignited enthusiasm for stock and futures exchanges, and with the imminent debut of stock exchanges and futures exchanges, a large number of books on the subject began to sell in the major cities of the empire's counties, allowing publishers who were the first to smell the business opportunities to make a fortune.

The income from the sale of the mortar yard was soon invested in the construction of more mortar yards, and several major projects in terms of transportation and water conservancy made it impossible to meet the needs of all the existing mortar yards, and the people of the empire had begun to complain, because the imperial political axe monopolized all the mortar produced in the mortar yard, so that the people could not enjoy the benefits of this kind of historical creation in the history of architecture, but this situation could not be changed in a short time, even if there were twenty new mortar yards under construction, some businessmen had joined forces to buy the mortar formula listed as a first-class patent by the patent department of the imperial Ministry of Science and Technology Development, build a mortar yard that is completely owned by the private sector, so that the products sold to the private sector will be able to obtain more profits.

The Imperial Ministry of Science and Technology Development advocated the widespread promotion of the use of mortar and supported the sale of patents, while the Imperial Ministry of Finance focused on the temporary monopoly of the mortar formula, which could make the mortar field controlled by the empire obtain more lucrative profits when it was listed and sold in the later stage, but in the end, Xiao Tang still agreed to the plan of authorizing the transfer of patents, and the other party clearly rejected the idea of the Imperial Ministry of Finance wanting to invest in equity, and the businessmen did not want their operations to be affected by the political axe。 As soon as the precedent was set, businessmen who bought patent licenses came one after another, and in addition to the mortar yards invested and built by the Imperial Ministry of Finance, the number of mortar yards built by private investment alone reached 15, and its popularity can be imagined.

701 is also a year of great leap in the development of the imperial metallurgical industry, the empire modified the practice of mineral monopoly, liberalized the control of the metallurgical industry, encouraged private capital to enter the smelting industry, and also began to open up the mining industry to a limited extent, except for some large mines, small and medium-sized mines are almost all opened, large mines are also allowed to enter the private capital, but the controlling stake is still controlled in the hands of the imperial political axe, and a large number of private capital that has obtained preferential conditions and policies has poured into the lucrative smelting industry, and the scale of smelting enterprises has expanded and expanded, and the shadow of giant mining and smelting and forging complexes has begun to appear.

Led by the Wen and Miao families, the Imperial Xinglong Mining Group and the Xinglong Smelting Co., Ltd., which were jointly formed by a number of wealthy merchants from Jiangnan and Yanjing, finally took shape in mid-701. The main iron ore mines in the three counties of Heshuo and Yanyun produced and acquired a number of small and medium-sized smelting workshops, forming a huge one-stop joint production enterprise, and it was Xinglong Smelting Joint Stock Company that finally absorbed the new smelting technology of the western continent at the same time, and came up with a new type of iron that met the requirements of the Imperial Science and Technology Development Department in one fell swoop.

In opposition to this, the Northwest Zhanjia in West India and Central India County and the Merry business tycoon Mittal family and several local India and County India and other local India and County jointly established the Imperial Middle and Continental Metallurgical and Mining United Company, with the support of the Governor of West India County Pauling and West India County Link, they signed an agreement with the local government axe of Central India County and West India County to monopolize the mining rights of large iron mines in the provinces of Central India County and West India County and West India County and actively recruited skilled workers from the West Continent, introduced advanced smelting technology from the West Continent, and controlled almost half of the production and sales of iron products in the West India CountyIt has actively competed with Xinglong Mining and Smelting Co., Ltd. for the market in East Tengger County and Northwest County, and has become the only metallurgical giant in the metallurgical industry that can compete with Xinglong Group.

(To be continued)