Daming Town Haiwang

Chapter 1573, sitting and collecting 1800 million silver a year

Half a month later, at the office of the Egyptian Canal Firm in Port Said, Tong Yuan and Kansu II came here again, accompanied by reporters from many Ming newspapers such as Daming Daily and Daming Financial News.

They came here this time, of course, to see how much money the canal has collected since it was opened for half a month.

The reason why Kansu II cared about this issue was that the income from the canal was related to the Egyptian treasury, and whether Kansu II had funds to support his ambitions and support his expansion to the south and east.

As for Tong Yuan and reporters from many newspapers in Ming Dynasty, the reason why they care about this issue is because the income from this canal is related to the huge return on investment of Ming Dynasty.

As the first shareholding of the Ming Dynasty, the Egyptian Canal Trading Company has a market value as high as 20 billion taels of silver, which is an extremely terrifying market value. You must know that the annual income of the Ming Empire treasury is only more than a billion taels of silver.

The Egyptian Canal Trading Company, the Ming Empire invested 2000 million taels of silver. This was invested by investors with real money. If it cannot bring investors enough returns, it is estimated that no one will participate in similar large-scale infrastructure projects in the future. .

Many stockholders in Daming are looking forward to it, waiting for good news from Egypt.

"Your Majesty, Lord Tong~"

The operation and management of the Egyptian canals are all in the hands of the Egyptian canal trading company. Egypt has the right to dividends, supervision and maintenance responsibilities. Therefore, the daily receivables of the Egyptian canal are collected by the Egyptian canal trading company first, and are unified every month. dividends.

The Egyptian Canal officially opened for navigation in the middle of last month, so it has come to the agreed dividend date.

The Egyptian person in charge of the Egyptian Canal Trading Company had been waiting long ago, and when Kansu II, Tong Yuan and others arrived, they hurriedly took out the income list for the past half month.

"Since the opening of the canal, there have been an average of about 75 ships passing through the canal every day, and the average daily navigation fee is about [-] taels of silver. It has been opened for half a month and a total of about [-] taels of silver has been collected!"

"It is estimated that the monthly navigation fee income can reach 150 million silver, and the annual revenue can reach 1800 million taels of silver."

The person in charge of the Egyptian canal company in Egypt reported to Kansu II and Tong Yuan the income of the Egyptian canal in the past half month with an excited voice.

Just sitting and collecting freight, you can collect 150 million taels of silver in a month, and 1800 million taels of silver in a year, which is quite a considerable income.

Converted into the currency value of future generations, it is almost equivalent to having a net income of 180 billion a year. Of course, 180 billion does not seem to be too eye-catching in future generations. Many large companies and enterprises can easily exceed it.

But the economy and technology of the later generations are very developed, and the population is also very large, so the scale is naturally very large, and some giants can appear casually.

Now it is the Ming Dynasty, and the total population of the world may only be a few hundred million. The Egyptian canal can collect 1800 million taels of silver a year, which is already a very large and impressive figure.

"1800 million taels of silver?"

"Calculated, can we get 900 million taels of silver every year in Egypt?"

"Haha, good, good~"

After hearing this, Kansu II couldn't help laughing happily. It's the Egyptian canal alone. You don't need to sit for anything, just sit and collect money, and you can get nine million taels of silver a year.

This is an extremely large number.

Except for the behemoth of the Ming Empire, whose annual treasury income exceeds one billion taels of silver, other Ottoman Empires, Persian Empires, Spanish Empires, etc., the annual treasury income is basically at the level of tens of millions of taels of silver.

In the richest Spanish Empire, the annual tax revenue is about [-] million taels of silver. The Ottoman Empire has made a lot of money in the past few years by selling Europeans to the Ming people, but it is only tens of millions of taels of silver a year. .

As for the Persian Empire, it was poor, with only a few million taels of silver a year, and it looked ambitious.

Egypt, although it is located in the core of the transportation hub of Europe, Asia and Africa, because most of Egypt is a desert area, cultivated land only exists on both sides of the Nile River Basin, capitalism has not sprouted, and colonialism cannot be established.

The annual income of the Egyptian treasury is very pitiful. Counting all kinds of goods and the like, the annual tax income may not even be three million taels of silver.

In particular, the feudal lords and nobles in the country do not need to pay taxes. Under their wanton annexation of land, the income of the Egyptian treasury has been decreasing year after year.

This is also a headache that Kansu II has always had. Without money, nothing can be done.

Well now, the Egyptian canal has been opened, and there is no need to do anything, just sit and collect money, and you can receive nine million taels of silver a year.

Such a huge amount of wealth fell on his head, and Kansu II was dizzy all over.

Thinking of getting such a huge amount of income in a year, internal land acquisitions, external threats, etc., it's nothing.

It's easy to do things with money, and when the time comes, a lot of money will be thrown down, what problems can't be solved?
"Nine million taels of silver a year?"

"If we don't distribute it to the Ming people, can we collect 1800 million taels of silver a year?"

"Just sit and collect money, almost nothing to do."

When the Egyptian nobles and ministers who came to inspect with Kansu II heard this, they couldn't help but widen their eyes.

It was originally guessed that this canal would bring considerable economic income after its opening, but no one could have imagined that such a canal could bring such a huge amount of income in a year.

Sitting and collecting 1800 million taels of silver a year, even if half of it is distributed to the Ming people, Egypt can still get [-] million taels of silver.

With such a huge amount of wealth, the white flowers can make people dizzy.

How can the common people who annex land, collect food, and suppress suffering haha ​​have such fast money? In this canal, you can just sit on both sides of the canal and collect money. I don’t know how comfortable it is.

"Why didn't we think of digging this canal ourselves?"

"Why did the Ming people have to dig this canal?"

"It's really cheap for the Ming people. They only invested [-] million taels of silver, and they can sit back and distribute a huge wealth of [-] million taels of silver every year."

Many Egyptian ministers and nobles also had mixed feelings in their hearts. Seeing the huge amount of wealth, their eyes were all red.

Such a huge wealth is nothing to them.

Because the money distributed to Egypt will go into the Egyptian treasury, Kansu II has the final say, and thinking about the people of Ming Dynasty, it seems that they didn’t do anything, just take advantage of it for nothing, and then sit and divide the money, Immediately some people felt that this was unfair.

"Nine million taels of silver can be divided into one year!"

"This earnings have far exceeded expectations, and the shares of the Egyptian Canal Trading Company will definitely rise sharply."

As for the Daming people present, after hearing this number, they all couldn't help being amazed.

Sitting and collecting money, collecting [-] million taels of silver a year, the stock price of the Egyptian Canal Trading Company will definitely rise.

Although the initial investment of 2000 million taels of silver was a huge investment, but after the canal was dug through, it was just a matter of sitting and collecting money.

You don’t even need a few people, just send some people to Egypt, sit on both sides to collect money, and transport the money back every year. The cost is almost zero, and such a huge and considerable profit.

The key is that it can be collected every year in the future, as long as the Ming Empire is strong enough, as long as the Egyptians don't tear up the agreement, the money can be collected forever, ten years, twenty years, one hundred years, two hundred years.

If calculated in this way, the stock value of the Egyptian Canal Trading Company is very large, and the market value of 20 billion taels of silver is really not too much.

Especially compared to the original investment, only 2000 million taels of silver was invested, and 900 million taels can be collected in a year, and it takes almost two years to pay back the capital, and the rest is earned.

People who bought the original shares of the Egyptian Canal really made a lot of money. Not only did the value of the stock soar, but it was definitely a cool thing to sit and collect money every year after that.

The newspaper reporters quickly recorded the key data, and then sent it back to Daming as quickly as possible. I believe that as long as the news reaches Daming, it will inevitably set off a wave of investment.

At that time, the construction of canals, roads, railways, bridges, ports, etc. can become smoother, and investors will be more willing to invest in them.

The opening of the Egyptian Canal, and the news that it is estimated that 1800 million taels of silver can be collected in a single sitting throughout the year also began to spread rapidly.

The many vassal states and colonies located in Africa and Tianzhu are the fastest to get news, followed by the Ottoman Empire, the Persian Empire, and European countries such as Portugal, Spain, France, and Italy on the European side, and then the news is the fastest. The speed is transmitted back to the Daming Beijing-Tianjin area.

In the shortest and fastest time, people all over the world knew about the opening of the Egyptian Canal and the extremely profitable things. A large number of ships began to choose the Egyptian Canal for navigation. At the same time, countless people began to jealousy.

(End of this chapter)