Daming Yuanfu

Chapter 416 The Alliance of Interests
In Gao Pragmatism's view, this equity distribution case in Kaiping's three major factories for the private use of the military industry is not a commercial equity distribution in the usual sense. One point, collusion between officials and businessmen.Of course, if he regards himself as a member of the bureaucratic group, it seems that it should be called the alliance of powerful and powerful capital.

To explain this problem, it is necessary to give an overview of the general situation of this equity distribution.

The first thing to explain is that the equity of Jinghua Kaiping Iron and Steel Works among the three major factories has not been divided by Gao Yushi. —Of course, in order not to violate the Law of the Ming Dynasty, all these shares were listed under the name of Gao Xiaozhuang. As for Gao Xiaozhuang, even he is Gao Pragmatic’s private property...Anyway, the Law of the Ming Dynasty doesn’t care about this.

The shares that Gao Wushi distributed all came from Kaiping Coal Mine and Qianxi Iron Mine. Among them, Kaiping Coal Mine distributed 35% of the equity, and Qianxi Iron Mine distributed 40% of the equity. Being able to have an absolute controlling stake - besides, there is no such thing as a controlling stake these days. According to the general understanding at this time, all industries named after "Jinghua" are highly pragmatic anyway, and the legal loopholes can be said to be everywhere.

If the equity allocation this time is simply calculated based on the total book investment that Gao Pragmatism sent to them, many shareholders have actually taken advantage of it.

For example, the Jingzhong nobles who have long had a good cooperative relationship with Gao Yushi, most of the investment amount is calculated at a premium. For example, the Chengguo government directly invested 2 taels, and Gao Yushi gave them 4 taels of equity participation. , this 1:2 ratio is the unified treatment at the state level; correspondingly, the treatment of the marquis is slightly worse, the ratio is about 1:1.8; the earl is again, the ratio is 1:1.5.

On the whole, the shareholding of the nobles caused Gao Wu to directly lose about 11 taels on the book.

But this time not only Xungui participated in the shares, but also relatives of the state and some civil officials joined in. This is also the biggest difference from Gao Yushi's previous various businesses.

There are three representative families in which relatives of the state hold shares: Chen, Li, and Du.

The reason why these three families are representative families is of course because the identities of the people behind them are different: the Chen family is the natal family of Empress Chen, the Li family is the natal family of Li Guifei, and the Du family is slightly different, it is the mother-in-law family of Emperor Longqing—although Concubine Du Kang passed away a long time ago, but Long Qing was very kind to his uncle's family, so Gao Yushi took them with him by the way.

Due to the practice of the Ming Dynasty, the concubines and concubines all came from the families of low-level officials and low-level military officers near Gyeonggi, so the conditions of these concubines’ natal families are relatively average. Let them participate in the shares. In fact, they can’t give much real money. On the contrary, their conditions are much better than those given to the nobles - the ratio is between one to five to one to ten.

However, only two of them actually got the highest ratio of one to ten: Empress Chen and Concubine Li.

Empress Chen's father, Chen Jingxing, was 59 years old at the time, and he was a relatively honest person. His family had little money, but he also knew the reputation of being highly pragmatic and turning stones into gold, so he managed to get 800 taels to buy shares.Gao Wushi pooled up 1000 taels for him, and then invested 1 taels of silver into the shares. When Chen Jing left, he was very grateful.

Concubine Li's family was different. Although her father Li Wei was greedy, but because Emperor Longqing was still there, Li Wei didn't dare to go too far. Therefore, the current family wealth is not very rich, only stronger than Chen Jingxing. I paid 500 taels.With a swipe of Gao Yushi's pen, the two thousand and five hundred taels became 500 taels and entered the account. Li Wei was so happy that he scratched his head and praised Gao Yushi. What is the connection between these two.

The most amazing thing about their family is that not only Li Wei participated in the shares, but Li Wei's youngest son, Li Wenjin, even participated in the shares alone.The seventh-ranked eunuch of the Imperial Horse Supervisor participated in 1000 taels of shares, and Gao Yushi didn't care about their family's violations, so he generously invested 1 taels of silver in the shares.Li Wenjin was overjoyed, and had a meal with Gao Yushi. During the dinner, he reassured Gao Yushi: From now on, no one will ever think of saying anything wrong about Gao Yude in front of the imperial concubine!

As for civil servants who participated in shares, most of them were high-ranking and allies of the high-ranking party, but they were all those with less high status and less sensitive status, and the amount of shareholding was also small. Perhaps they were afraid that Gao Gong would misunderstand their conduct. The highest amount was only 600 taels, and when all of them were added together, it was less than 5000 taels. Gao Pragmatic doubled it for them.

All these kinds, and so on.Anyway, according to Gao Guoyan's calculations, Gao Wushi lost more than 17 taels in this area alone, which was close to 18 taels.

If you look at it this way, in terms of loss, Gao Pragmatism may have set a record in the history of Ming Dynasty.

But did you really lose so much money?Of course not, high pragmatism and Gao Guoyan's calculation are different.Gao Guoyan simply calculated according to the current market situation, but Gao Yushi did not.

In Gao Guoyan's calculation, the investment in Kaiping Coal Mine and Qianxi Iron Mine is calculated according to the current land price. It was quite cheap, and at that time there were guards to help drive people away, and the price of many lands was negligible. Therefore, Gao Pragmatic's actual expenditure on the purchase of land, which was the most expensive project, was far lower than the book expenditure.

In other words, among Gao Guoyan's 17 losses, the cost of buying land accounted for a large part of it.

Besides the labor cost, Gao Guoyan counted the additional expenses of the mine protection team created by Gao Yushi into the labor cost, but Gao Yushi’s family knows their own affairs, and the expenses of these people are subsidized by Gao Yushi. He never counted this expense to the mine, so there is a lot of water here.

If all of them are counted, Gao Wushi actually lost just over 8 taels—of course not a lot. It is still an astonishingly huge amount of money, but he can bear it now.Besides, when high-quality assets are listed for money in later generations, those who bought original stocks, who didn't buy at a low price and wait for the rise?
But a more important question is: Is the 8 taels of silver really lost at such a loss?

Of course not, Gao Pragmatism not only does not feel that it is a loss, but also thinks that the 8 taels is very worthwhile, and he has now "buy" many benefits that cannot be bought at all.

The advantage is that he has established an alliance of interests, an alliance of interests that can be called a powerful alliance both in front of the stage and behind the scenes.He almost wiped out all the relatives of the emperor and military officials near the capital, and even the civil servants got involved under different guises.

With such a background, the advancement of the military industry and the private sector is bound to be of great help. Even if there may still be some civil officials who oppose it, it will not hurt. The civil official group is indeed not afraid of the emperor as a whole, but that does not mean that individual The civil servant dared to confront the entire Xungui Group.

For example, the lack of personnel and the occupation of labor in the Beijing camp are so serious that everyone knows that it is a good thing done by the nobles, but why can't it be rectified until now?The civil servants kept talking about rectifying the Beijing camp, but no one went up to fire the first shot.

So the Xungui Group is a very magical interest group. If you say they are powerful, they usually look gentler and more harmless than anyone else. The old ministers and the favorite ministers of the inner court dare not confront them hard.

Some scholars in later generations explained that the power structure of the dynasty already had the shadow of separation of powers. In fact, to some extent, it is really not unreasonable.

As for the relatives of the emperor, especially the relatives of the state, it is actually difficult for them to be called a "group" alone, because under the Ming Dynasty's system of choosing concubines after elections, these families have no foundation, and their power is nothing more than one dynasty and two dynasties.However, one dynasty and two dynasties are enough for high pragmatism.

As long as Long Qing still dies young, Empress Chen and Concubine Li Guifei must be the targets of high pragmatism.

(End of this chapter)