Chapter 170 Inventory of the Family Background 2 (Wool Textile Industry)

It's May

In 1880, the financial reports were summarized, the international trade income of the previous year, the dividends due to the enterprise, taxes, and rents were all accounted for, and the return of all rivers was collected in front of the case.

The numbers are staggering, and behind a series of huge numbers are rich benefits, profoundly affecting the current situation and future social direction in Australia, and the two are complementary and inseparable.

Take Australia's pillar industry, woolen mills, as an example;

Four and a half years ago, the woollen mill, which employed 6,700 people, generated an annual sales profit of about £500,000 and an average profit of about £80 per capita.

Development to date

Honghe Woolen General Mill has the first, second and third woolen mills located in Zhuque City, the fourth wool spinning factory located in Songjiang Town, and the fifth woolen mill located in Beilun Town, with 45,500 employees, and in 1881 it created a net income of more than 673 million pounds, and the per capita profit reached 149 pounds 2 shillings, and the scale and efficiency both achieved a substantial increase.

Today, the seventh wool spinning factory located in Songjiang Town, and the sixth woolen spinning factory in Beilun Town are in full swing under construction, and after they are officially put into operation, they will bring more lucrative benefits.

From £80 per capita to £149 2 shillings today, the changes in the woollen mill over the past few years reflect the microcosm of the development of the Red River Valley's business.

As a leading enterprise in the light industry of the Red River Valley, after several years of development and scientific and technological innovation, the woolen general factory has greatly improved labor productivity and the skill proficiency of workers, which is an important aspect.

On the other hand

The price of raw wool has been low for seven consecutive shearing seasons (four times a year), which has greatly reduced the raw material expenditure of the wool mill, and the price of pure wool wool products exported to the European and American markets has been firm, and the market share has increased significantly.

In fact

The rapid development of wool textile enterprises not only digested the huge amount of wool raw materials in the Red River Valley, but also digested the wool raw materials of New South Wales, Victoria, and even South Australia, and dominated the price discourse of the Australian wool market.

All buying and selling is voluntary, and you can not sell it if the price is low.

Wool prices continue to be depressed, white ranchers in the southern states have no way of resisting the brutal oppression and exploitation of wool monopoly cartels, more than 1,000 private ranches have gone bankrupt in the past two years, and many more are struggling in a dark tunnel with no light in sight.

This is the fundamental reason why horse bandits and robbers have emerged one after another in various southern states, and public order has become more chaotic and tends to deteriorate.

Desperate white ranchers and unemployed cowboys gathered to vent their grievances with atrocities, and vicious cases arose one after another, struggling the RCMP in the southern states.

In fact, they can't do anything.

The Red River Valley is using this assertiveness against New South Wales and Victoria, exerting intense pressure on the southern states to agree to the southern extension of the coastal railway from the port of Beilun to Melbourne.

Very few people can look at the disadvantages of wool monopoly cartels from the perspective of the division of labor in society as a whole, which is the limitation of people's vision in the initial stage of development of capital, and they think that existence is reasonable.

Even if the right voice occasionally comes out, it will soon disappear for various reasons, disappear into the boiling tide of public opinion, or accidentally die, or find a more lucrative job, or wisely keep your mouth shut.

In the initial stages of capitalist accumulation, filthy blood permeates every pore, and the wool monopoly cartel is naturally unavoidable.

As one of Australia's pillar industries, the entire wool interest chain directly and indirectly affects the employment and income of millions of people, and is an extremely large industrial system.

From the cobweb-dense wool buying stations opened by whites in the southern states, from horse-drawn carriages to steamships, from dock stevedores, storekeepers to traders, from the vigilante RCMP and town mayors, tax collectors, government clerks, etc., and their families, this group numbered more than a hundred thousand people, all part of the chain of wool interests.

For reasons of self-interest, wool buyers naturally want the price of raw materials as low as possible, and the same is true for traders.

This force, combined with the Red River Valley wool cartel that monopolizes the right to speak on prices, as long as it is gently pressed, the wool price of the whole Australia will fall.

Farmers in the Red River Valley, including in the Red River Valley, are affected, involving nearly 300,000 people, all of whom have become exploited and oppressed.

Red River Valley Ranch, for example, has more than 77,000 people working in the livestock industry, most of them immigrants from the mainland, who need to repay their immigration loans through three years of free labor at a much lower cost than hiring white cowboys.

Even so, Red River Valley Ranch still lost more than £136,600 a year, making it a rare industry-wide loss-making sector.

The migrant workers in the Red River Valley pastures are hired workers, and whether they lose money or not has little to do with them, and the assessment index is the per capita wool production, not the profit margin.

Here's the problem

The Earl of Queensland could afford to lose money, and the loss of the ranch was converted into the profit of the woollen factory, which was equivalent to the left pocket to the right pocket, while the white southern rancher could not afford to lose money, and the business was in extreme difficulty.

Can we resist the oppression and exploitation from the Red River Valley?

Some far-sighted people in the southern states have also tried to make efforts to concentrate their financial efforts on the establishment of the Victorian Woollen Mills, which are not lacking in funds and equipment, but they have been stumped by a large number of workers.

Woolen mills are a typical labor-intensive industry, with long hours of monotonous and tedious repetitive work, which is only suitable for female workers with strong patience, and is in great demand.

Grumpy cowboys are often driven mad by this monotonous and repetitive work, and after a few drinks, they simply set fire to the bird's house......

Looking blankly at the Victorian Woolen Mill in the red sky, the hard-working factory burned into a huge sea of fire within a month of its operation, and all the white investors wanted to die, and the only remaining thoughts were completely extinguished.

In Australia, population imbalance has always been a big problem, and the British colonial government was forced to import a large number of young women from Northern Ireland to alleviate the huge demographic tension.

In Melbourne, for example, only 26.3% of the population of 400,000 urban women are in the early 100,000s.

Behind the butt of every unmarried young woman, there is a long list of men who are screaming from the burning of male hormones, ranging from their teens to their forties and fifties.

In this real social environment, where to find wool textile workers?

This was just the beginning, as the pure wool yarn produced by the woollen mills was transported across the ocean to the consumer markets of Europe and the United States, which were now monopolized by the United Shipping Company in the 19th century, and the high freight rates would have reduced profits.

From Sydney Harbour to Melbourne, 90% of the transcontinental liners are under the company's command and dominate the shipping market.

This is not over, the pure wool wool products that arrive in the European and American markets will inevitably encounter insurmountable obstacles such as difficulties from local officials, resistance from market peers, and price reductions from buyers.

Not every wool merchant has such a tough background as the Earl of the Red River Valley, backed by the towering tree of Lord Duke Victor, the network of hands and eyes in Europe, the sales channels throughout Britain, France, Germany, Italy and other countries, many vested interest groups tied to a chain of interests with interests, and countless difficulties that you can't think of or guess......

If you are not careful, you will end up with no return.

Even if you overcame all the difficulties to sell wool products, you also got a huge amount of sales, the question is how to get it back to Australia?

As the only large bank that has opened cross-continental exchange business between Australia and Europe and the United States, Huitong Bank has to extract 300,000 pounds of exchange fees for 1 million pounds, showing its capital power in a bloody way.

If you don't want to be slaughtered in front of your eyes, you can build your own bank network covering the European and American markets, then you don't need to ask Huitong Bank.

It's harder, almost impossible, to do that.

The remaining option is to rush back to Australia with a huge amount of money, and once the news leaks, the swarming pirates and countless temporary cameo robbers will tear it to pieces without hesitation and swallow it bite by bite.

Will the message leak out?

This is not a question of whether the news will be leaked, but it will inevitably leak the news at the behest of someone with a heart, and it will become a feast that brings together the world's bandit community, and there are too many opportunities to hunt fatty prey on the 10,000-mile sea journey from Europa to Australia......

Therefore, the strong rise of the wool industry in the Red River Valley is not alone, from the own pastures to the wool mills, from the own railways to the docks, from the nineteenth-century United Shipping Company to the Normandy Import and Export Company sales, from the financial services of the Huitong Bank to the immigration policy, has formed a tight and huge chain of social relations, which is closely inseparable.

Lord Earl Queensland is the big boss behind the scenes, like a king entrenched in a spider's web, touching any point will become its prey, and the more it wants to struggle and entangle, until the fragrance disappears.

The only possibility for any white investor who wants to get involved in the wool industry chain is to cooperate with the Red River Valley, invest in the equity of new wool spinning enterprises, and tie themselves tightly to the chariot of interests in the Red River Valley.

Want to do it yourself?

Hehe...... No amount of money is enough to kneel, but just let it go.

The cruel social reality will teach these people who don't know how to measure their strength, what is it called a grasshopper shaking a tree? What is a monopoly cartel? What is it called a kick on the iron plate, directly broken bones and tendons, and debts until death.

Seeing this, more and more white investors sold their ranch gold mines and invested in the Red River Valley Woolen Mill, becoming one of the shareholders who received dividends.

As a result, Li Fushou has also amassed a large number of southern ranch land, gold mines and stakes in Sydney Harbour and Melbourne Port terminals, and now occupies 55% of the gold fields in the Palmer River Basin in Queensland, with an annual output of nearly 2 million ounces of gold, equivalent to about 56 tons of gold.

Li Fushou also holds ownership of seven gold mines of various sizes in the historic Victorian Gold Mine, producing 230,000 ounces of gold per year, and is one of the largest gold mine owners in Victoria, accounting for about 8.7% of the average annual output of the entire Victorian gold mine.

These capital operations are secret transactions that Mr. Kestner, the general manager of Huitong Bank, does not know.

Due to the brilliant dividend report of the Red River Valley Woolen Mill, the average annual net profit exceeded 5.3 million pounds, and the overall valuation (excluding the sixth wool spinning mill and the seventh wool spinning mill under construction) exceeded 100 million pounds, reaching a huge 113.33 million pounds.

The proportion of white investors' investment in the first, second and third factories of wool spinning was high, and the number of factories in the fourth and fifth factories decreased sharply, and the overall shareholding level was also lowered.

Behind every decimal point of equity transfer, there is a big transaction of more than one million pounds, and you can get a stable dividend of about 53,000 pounds per year.

Therefore, Li Fushou had enough bargaining chips to tempt the white upper class in the southern states to side with him, give up his hardline position on the southern extension of the coastal railway, and become a member of the chain of interests.

Since you can't resist, it's better to lie down and enjoy it, which is a wise choice.

For white hardline conservatives

The options on the table were very limited, and the hard-line resistance policy was to fall into years of huge losses, the fat dragged thin, the thin dragged to death, and more and more whites wisely boarded the chariot of the Red River Valley and abandoned this torturous tug-of-war.

If the southern extension of the coastal railway is agreed, a flood of migrants will follow, penetrating into every aspect of the southern states and into every aspect of social life.

With the strong support of the Earl of Queensland, the backing of branches of the Hongmen Brotherhood throughout Australia, and the supervision of members of the Zhi Gong Party, the southern states have no confidence to refuse, nor can they discriminate and exclude the immigrant group, so they can only watch this happen.

This kind of outcome is by no means what the hardliners want to see.

The resistance of a few diehards is the most troublesome, and it is precisely because of this small number of people that the southern extension of the coastal railway is thwarted, and progress is struggling.

The stubborn resistance of any one or a few white ranchers during the 1,700-mile Southern Extension would have stillborne.

With an area of tens or even hundreds of thousands, millions of acres of large pastures, the coastal railway can never fly through the sky, nor can it be bypassed, and can only confront each other day after day.

This has become one of the most troublesome problems in the Red River Valley.

To this day, the Earl of Queensland still holds 85.3% of the shares of the Red River Valley Woolen Mill, with an annual income of 4.4 million pounds, which is worthy of being a pillar industry in Australia, and the benefits are rich enough.

Only the two industries of Huitong Bank and the wool textile industry are combined, and Li Fushou's annual income has reached the level of 10 million pounds, and he is also one of the top income groups in the world.

As the Red River Valley flourishes and immigrants snowball, these two pillar industries will continue to climb steeply and profitably for decades to come.

Today, there are 1.86 million black-haired, black-eyed and yellow-skinned Chinese immigrants in Australia, and it is expected that four months later, before the arrival of October 1881, it will exceed the 2 million mark, surpassing the white group to become the largest ethnic group, representing the unstoppable trend of immigration.

If this number is multiplied by ten, then what a huge benefit it contains, it is fascinating to think about!

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