In later generations, treasury bonds can be bought up every year, so this interest rate is obviously not low, but in ancient times, when there was no very good investment, the annual interest rate of 5% could already attract many people.

There are also a large number of people in the gate valve family who are more traditional and pursue stability.

"Well, we don't have any problems, but we've collected some opinions before, and some of them say that they can take a stake in the railway, or some other way, they can advance money to build the railway. I have discussed similar things with people in the ministry, and now it seems that His Highness's plan is better. Fang Xuanling nodded.

"Stake? That's fine, but do they want to? Anyway, you can directly tell them that the railway is destined to be in a state of long-term loss. Li Ke said very simply.

"They are definitely willing to do this, but they also have conditions." Fang Xuanling said.

"On what terms?"

"It's to allow them to buy and sell their shares freely in the future." Fang Xuanling said.

"That's for sure." Li Ke nodded, since it is a joint-stock system, it is normal for shares to be bought and sold, although Datang does not have a stock market, but stock trading is like a store transaction.

It's not something difficult to operate, not to mention that the people who can buy and sell these things are not ordinary people who can buy them.

"The second is that after the opening of the railway, their idea is that a certain section of the railway, or the trains running on this section of the railway they have invested, will give them priority to reserve a certain percentage of carriages, which they will use to transport goods." Fang Xuanling said the second request.

Li Ke was immediately silent for a moment, he didn't expect these people to see the most important thing of the railway so quickly, that is, the capacity, or to put it bluntly, the carriage.

Think about it, when Li Ke was a child in his last life, the train carriage was really a scarce cargo, and how many corrupt officials had the authority to allocate this, and corrupted a huge amount of astronomical money?

And now, these people who are ready to invest have seen the profit point in this.

Or they see the most critical thing, it doesn't matter if they invest money now, it doesn't matter if they even lose money, anyway, the money that can't be made here, they can earn it back through the timeliness of the delivery of goods, etc.

Even the cost of using the carriage alone can make a steady profit, and the support of transportation timeliness for commercial behavior is too great.

What's more, although the shares themselves are not profitable, but they are valuable, so think about it, the huge amount of money invested in the early stage is actually not a loss, it can only be said to buy a future for yourself.

And to invest in a certain railway, if there are really carriages for transportation that can be reserved, then their family can focus on this railway line and even start to increase investment in several nearby cities.

Li Ke didn't speak, and Fang Xuanling naturally didn't speak easily, but after a pause, Wei Zheng asked directly: "Your Highness is thinking about this because you are afraid that after these people get these priorities, they will disrupt the market behavior in the future, and may even affect the operation of the Datang Railway?" ”

"It's impossible, they can get the proportion of shares first, and when the shares are given to them, they can sign a contract in advance to explain the rights to the shares, for example, they can check the accounts, but they only have the right to know."

"The other thing is that they only have the right to dividends, buying and selling, and have no right to interfere with business." Li Ke shook his head and said.

"But at that time, these rights of the railway will inevitably be issued, and if they have shares in it, they may collude with local officials." Wei Zheng said directly, the right to supervise is his, and Wei Zheng is naturally very concerned about this.

"This cannot be avoided, and no matter how perfect the system is, corruption cannot be avoided, and this cannot be eradicated. So, we can't stop doing something because of the drawbacks. Li Ke shook his head and said.

It doesn't matter where this kind of corruption is based or what policies are implemented, if you want to collude, everything has huge benefits.

There is no other way to intensify governance in all aspects such as supervision, review, and punishment.

"Actually, what I'm thinking about is how to make good use of the funds in their hands, there are a lot of rich people in Datang, if they spend all the money in their hands, then Datang doesn't know how many times richer and more powerful." Li Ke said with a smile.

"This aspect is not just a matter of building a railway, but also a very key thing, that is, those places have development potential, economic development potential, and then these important places can be prioritized for construction, and the railway will be connected into a vascular network for Datang to transport nutrients." Li Ke said.

Li Ke is really not familiar with this thing, although he has the construction standards of China's railways in history, as well as the order before and after, but the times are different, and some things are also different.

And this does not include the presence of strategic railways.

"Do you need to go back and investigate the cities?" Fang Xuanling asked.

Although this is to find a job for himself, when working, Fang Xuanling has always been very serious.

"Forget it, leave it to me, in fact, these things are nothing more than a few points, geographical location, including transportation, contacts, population and other key elements."

"The second is the development potential, such as the coastal port city, such as Hudu, now renamed Shanghai, the future development potential is undoubted, it should be said that all the coastal cities that can build ports, have huge development potential."

"Because the low cost of shipping is obvious, not to mention that Datang's navy is Datang's strategic arm in the future, and it is the main development direction of Datang, and controlling the sea is equivalent to Datang controlling countless land."

"So the convenience of sea transportation and other aspects make the port city very important."

"In addition to these, it is a mineral resource city, some important mineral resource cities, the early stage must be the first time to build the railway, many factories can not build one in every place."

"Even if the factory is built, what about the finished products produced by the factory? It still takes the whole Datang to be able to digest it, and the transportation of these products is also a huge problem. ”

"Thirdly, in terms of important strategic position, although some places say that they have no minerals and are not important ports, because of their important strategic location, these places must also be connected to railways." Li Ke explained some key points of railway transportation.