Back to Ming Dynasty with Industrial Revolution System

Chapter 1155 Trust company and 20-year operating right

"This is our government's vision for the official roads near the capital. There are 13 sections of official roads that need to be diverted, here, here, and here..." The officials of the Ministry of Industry are very familiar with the construction of the capital and surrounding areas, and quickly marked them out Need to turn the curve into a straight section.

When Ji Yuyong and others heard that the government planned to intervene in rebuilding the official way, and had a detailed plan to turn the official way into a straight line, they couldn't help being a little surprised.It seems that the government seems to have plans long ago, but construction has not yet started.

Not enough money?Ji Yuyong immediately thought of this reason.It is estimated that the government is willing to let their merchant groups take on the heavy responsibility of building official roads because of the government's lack of finances.

"If the government can give us a helping hand and compensate us after the construction of the new 13 sections of the official road is completed, I don't think we have much opinion." Ji Yuyong and other businessmen discussed the new official road plan for a while, It is found that the new official road is more than 50 miles shorter than the old official road, and most of them are straight and flat passages, and there is potential for further expansion in the future.

"In addition to turning the song into the straight, if you want to contract the reconstruction of the official road, you need to accept two conditions." After the officials from the Ministry of Industry discussed the new official road plan with them, Chu Yun put forward two more conditions.

If the previous conditions are to straighten the officialdom and shorten the distance between the two places, then the next two conditions are to standardize similar contracting behaviors so that future generations can learn from such practices.

"The first condition is that you cannot contract to rebuild the official road in the name of individuals, but should set up a trust company to contract the construction of the official road in the name of the collective. This trust company must open an account with Kyushu Bank, and if you want to participate in the contracting of the official The merchants in Taoism need to submit a deposit to the company, and the deposit is placed in a bank account, so that our government can believe that you have sincerity and ability to complete the work of rebuilding official Tao.”

"The trust company signed a contract with the government, and the government can send qualified road engineers, bridge engineers and even explosives experts to help you rebuild the official road."

"The second condition is that the trust company cannot monopolize the official roads. Both the original official roads and the newly added official roads belong to the government. However, the trust company has the right to operate these roads for 20 years. Checkpoints can be set up to collect tolls for horse-drawn carriages passing through the official road. This toll should not be too expensive, and a standard must be established, and no intentional targeting of competitors or individuals is allowed, otherwise the government has the right to take back the contracted pipeline management rights for free." Chu Yun Said.

Ji Yuyong asked: "That is to say, we have worked hard to rebuild the official road, but what we get in return is only the right to collect tolls for 20 years? The tolls will also be controlled by the government."

"Twenty years is enough to compensate for your investment, and there may be a lot of income. The officials of our household department will settle accounts with you, and will allow you to set travel expenses within a profitable range based on your investment. .Guarantee that under normal circumstances you can get the profits you want," Chu Yun said.

In order to stimulate the enthusiasm of businessmen to invest, Chu Yun must provide them with the necessary benefits. If there is no suitable profit, businessmen will not invest in infrastructure construction.

Everyone carefully discussed the details of the contract in the inner hall of the Ministry of Industry.

Contracting, this kind of business has been carried out in various places a long time ago, but this time it seems unusual.

The merchant group represented by Ji Yuyong established China's first trust company in order to contract to rebuild the official road.The government entrusted the construction of the official road to this trust company, and the reward was that the trust company had the right to tax the contracted official road section for 20 years!This kind of behavior of forming a company by the private sector through contracting contracts and contracting government business is officially recognized by the government, which is equivalent to the government encouraging private capital to participate in the bottomless pit of infrastructure construction!
"I know that there is a section of dirt road in the capital that is replaced by a road surface called coal tar pitch, which can be passed no matter it is sunny or rainy." After discussing the details of the contracted road, Ji Yuyong and others asked about a section of coal tar pitch paved by the government in the capital. Very interested.

"There are still some problems with the asphalt road surface. We are trying to improve the asphalt road surface. A section of the coal asphalt road in the capital is just an experiment. However, compared with the muddy road, we have developed an excessive road surface - using large stones As a roadbed, gravel and gravel are sprinkled on the roadbed, and then the road surface is rammed to make it smooth and firm." said the minister of the Ministry of Industry.

Although coal tar pitch roads are better than dirt roads and ordinary gravel roads, coal tar pitch contains ingredients that are harmful to the human body. The coal pitch roads laid in the capital only use coal tar pitch in the penetration layer, and finally use it on the surface Cement concrete to ensure that it will not affect the residents of the capital.

In order to speed up the industry and endanger the health of the people, Chu Yun would not do such a thing even if he knew about it.At present, it is still too much to lay gravel roads, and the ground will be upgraded after the cost of petroleum asphalt and cement concrete decreases.Moreover, the official road needs to be expanded to form a prototype of the road, and future renovations and upgrades can be carried out on this basis.

"If you can successfully complete the reconstruction of the official road, you will be the first of its kind in the world. This is an unprecedented thing. I hope you can elect a representative to take charge of this matter. Our Ministry of Industry will also send officials to follow up on this matter. Progress." Chu Yun led the officials to send Ji Yuyong and others out of the office of the Ministry of Industry, flattering Ji Yuyong and other businessmen.

Ji Yuyong and his group were still reminiscing about what happened before they left the Ministry of Industry.

"The military master is really easy to talk to, and he doesn't care about the majesty of the government at all, and pays more attention to the exchange of interests. He is not so much a ruler as a big businessman." Ji Yuyong said with emotion.

For the most rational businessman, everything in the world is a transaction.

"We have to find a way to stimulate non-governmental businessmen and citizens to invest a lot of money in road and railway construction. No businessman has asked us to contract for railway construction. Farmers can also use the money they earn to contract more farmland and purchase chemical fertilizers. And merchants have more wealth, so they have to find a place to consume their accumulated wealth." Chu Yun said.

In order to eliminate the problem of land annexation in the feudal society, all land was nationalized, free trading was prohibited, and personal investment in real estate was restricted. The huge wealth of businessmen could not be vented.

There are two channels through which the wealth they accumulate can be put into the economic cycle.One is consumption, which specializes in the production of high-end goods for the rich, and the other is investment, which absorbs social wealth through a long project cycle, and investment in infrastructure will promote the development of productivity and increase employment.

When Chu Yun, who was still thinking about the pros and cons, returned to the mansion, Aila was anxiously waiting for him to come back: "Da Yuer passed out."

(End of this chapter)