Da Ming Tai Shi

Chapter 426

Chapter 426
Guangzhou Shipping Department Yamen.

The other yamen are all solemn and solemn, with high eaves and fierce officers and soldiers standing guard at the door, wishing to scare the common people so much that they dare not report any complaints, except for the Guangzhou Bureau of Shipping.

Huge crowds are the norm, and enthusiasm is the foundation.

People who come and go, regardless of whether they are civilians or merchants, officials or officials, all have smiles on their faces.

Like today, a group of lion dancers and a music class were invited at the gate of the Guangzhou Shipping Department, and a few firecrackers were set off for the music group. Those who were so enthusiastic thought someone’s daughter was out of the court, and they would never Think about the court yamen.

Today is a big day for Guangzhou Shipping Division.

To be precise, it should be a big day for the big businessmen of the Guangzhou Shipping Department.

The Guangdong Federation of Industry and Commerce and the Guangzhou Federation of Industry and Commerce were established successively.

Chen Xi held the positions of presidents of these two yamen by himself.

Not only Hu Sizong, the chief envoy of Guangdong, came to the scene in person, but almost all officials at all levels from the chief envoy of Guangdong and the Guangzhou government were present to participate in the grand event.

It is not difficult to understand why there are music classes and lion dances at the gate of the Guangzhou Shipping Department today.

Regardless of the identities of the officials present, when they saw Chen Xi, they all bowed their hands and said congratulations.

Chen Xi, who was nearly seventy years old, was about to burst into smiles on his old face.

Having been the Patriarch of the Chen family for decades, and doing business with more than a dozen generations for hundreds of years, Chen Xi can walk into the ancestral hall with his head held high and his chest held high, and have a word with his ancestors.

Who said that businessmen are lowly, today he led all the businessmen in Guangdong to stand up!

The newly established Guangdong Federation of Industry and Commerce is under the direct management of the Guangdong Chief Political Officer.

In short, he has neither administrative power nor imperial salary, even if he is given an official status, he has an imperial crown on his head.

Red top businessman!

The imperial salary is only a few silver a year, and a businessman who can enter the Federation of Industry and Commerce can earn hundreds of years of salary. As for administrative power, Chen Xi is old and not confused. He knows that this thing cannot be touched. , he dare not take it.

Doing business with peace of mind and making money is nothing more important than anything else. Don't touch the poison of power. Politics is not something that businessmen like myself can play.

There is an old saying in China that top-level smart people are officials, ordinary smart people are in business, ordinary people study and work, and ignorant people farm.

Chen Xi has never been arrogant to think that he is a top intelligent person, even if his ability is enough to be a magistrate or a governor of a province, Chen Xi is not willing to get involved in political affairs.

Adding trouble to Chen Yunfu, are you crazy?
As it is now, it's fine.

"Congratulations, Mr. Chen."

Chen Xi was awakened from his emotion by a congratulation, he took a closer look, and hurriedly returned the gift.

"The old man sees the Fantai."

The congratulatory person is none other than Hu Sizong, the chief envoy.

Chen Xi's old face became more and more ruddy, he left other guests, and warmly greeted Hu Sizong: "Fantai, please come in and take your seat."

"No need."

After a few casual greetings, Hu Sizong said: "This station still has a lot of things to deal with. Today is a great day for the establishment of the provincial and government federations of industry and commerce. Our station came here and left after being happy with Chen Gongdao."

"This, this is really neglecting Fantai."

"There is nothing to be negligent, Mr. Chen is busy."

Hu Sizong left as soon as he said he would, without any delay. After talking to Chen Xi, he greeted several other important members of the chamber of commerce, turned around and got in the carriage to leave.

As soon as he left, many officials present couldn't stay any longer, and left one after another. At Nuo Da, only businessmen like Chen Xi were left.

It can be regarded as avoiding suspicion.

Even if they left, Chen Xi and these wealthy merchants also felt much more relaxed. They chatted and entered the hall, took their seats in order, and talked freely.

Li Shuhong fiddled with the jade ring finger on his thumb, and said without raising his head: "Mr. Chen, everyone, now our Guangzhou Federation of Industry and Commerce has hung a plaque. Everyone, the official robes of the fifth, sixth, and seventh ranks They are all worn on the body, so we can talk about the fundraising."

The purpose of establishing the Federation of Industry and Commerce is to wear official clothes, and everyone is a businessman, and what they want is money.

"Issuing the share capital of various chambers of commerce, publicly raising funds from all walks of life in Guangzhou, and expanding Guangzhou Port and Guangzhou Shipyard, this is the business. The Finance Department, the Shipping Department, the Shipping Department, and the Bank of Guangdong are all waiting for us to do the business. Ten officials are now stretching out their hands and waiting for us to give money, projects, and political achievements."

Chen Jiading glanced at his father, saw that the latter was silent, so he took the initiative to ask: "Guangzhou Port and Guangzhou Shipyard are both owned by the imperial court. Our merchant ships go to Guangzhou Port to go to sea, and we have to pay the imperial court rent. The boat also needs to be paid to the imperial court, how can we pay for the expansion of these two places?"

"Not out? If we don't come out, can the court be so kind as to let us raise funds from the people?"

Li Shuhong snorted: "Everyone eats with the imperial court's rice bowl, if the imperial court does not reward the meal, no one can eat."

"Since that's the case, then our Chen family has no objection." Chen Jiading nodded, as an admission on behalf of the Chen family.

The two of them sang together, and all the merchants gathered from various prefectures in Guangdong agreed to vote.

"All chambers of commerce issue share capital, and the money raised is used to expand Guangzhou Port and Guangzhou Shipyard, which is fair and reasonable."

Those with small backgrounds and small households felt that their family background was not very solid, so they asked cautiously: "How much is the issued share capital?"

Li Shuhong said: "Every family starts at [-]%, and there is no cap. If anyone is brave enough, it's okay to finish all."

Just as Chen Jiading was about to continue speaking, Chen Xi's voice sounded, and he quickly shut up.

"Our Chen family has a total of 43 businesses, pawnshops, grain stores, trading offices, cloth factories, fishing ports and other industries, as well as Shanghao contracted and leased land of nearly 60 mu.

Including more than 100 sea-going ships, more than 400 fishing boats, water transport ships, Guangdong, Guangxi, Fujian, and Jiangxi four Yanyin, the Financial Secretary and the Bank of Guangdong have estimated the price, and it is probably worth 4000 million taels.

Last year, the total revenue of our Chen family was 6704 million taels, the tax payment was as high as 1608 million taels, and the net profit was 190 taels.

The old man's plan is to issue 600% of the share capital of my Chen family, that is, to issue a share capital of [-] million taels, guaranteed by two tier banks in Guangdong and Guangzhou. "

The Chen family is rich and powerful.

600 million taels of cash silver, this is the same as the current silver income of the Ming Dynasty for a year.

Copying the Chen family would not be enough for the imperial court to fight for wealth for six or seven years.

You can't do fishing in a dry marsh.

Some of the businessmen present had some small thoughts.

The Chen family's revenue and profit are so high, and their own business has been tepid, why don't I buy the share capital of the Chen family in private?

How nice it is to lie down and make money without using your brain.

"The issued share capital is supervised by the bank and sold in the form of bills. The bills can be traded. The bank calls this kind of bills, stocks."

"The value of the stock is not constant. It depends on the market conditions. All stock transactions will be supervised by the imperial government's new government department, namely the stock exchange and the Stock Supervision Bureau."

"Half a year ago, the old man and Fantai have been busy with this matter since they came back from Nanjing. Now the old man has revealed all the inside information and the situation of my Chen family. Make small moves, and don't make up the actual situation of your chamber of commerce before the issuance of equity."

"The Stock Regulatory Bureau will investigate. If it is found, the fine will be confiscated several times. Everyone, be vigilant."

Stocks, exchanges, stock regulatory bureaus.

Under the continuous fresh term, it is the capital that glows with infinite vitality.

The flower of the capital, in the east of the fifteenth century, is in full bloom!
(End of this chapter)

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