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Chapter 43 Effects of Economic Development in Wallachia

Chapter 43 Effects of Economic Development in Wallachia
At the boyar meeting at the end of the year, 15 boyars from Moldova also participated in the meeting, and they all supported the Grand Duke.Therefore, those opposition nobles have no choice but to make trouble.

What's more, after the reunification of the two countries, they made a lot of money.Now there is no reason to oppose the Grand Duke.

The Grand Duke's power formed an overwhelming advantage at the meeting, so a series of military training and tax bills were passed, and all boyars had to start paying taxes, but they were reduced or exempted according to the actual situation.

Of course, Mircea is most concerned about the construction of the new capital.Bukuryeshti was the first large-scale use of serf labor in Wallachia. Nearly [-] serfs and [-] freemen worked on the construction site.

This was originally a fortress. After receiving the news of the capital, many construction teams began to contract large and small projects.Some nobles and businessmen also bought land and real estate to settle here, and they all supported the Grand Duke.Of course, they have an easier role in the construction and trade of the new capital.

After Wallachia's economy gradually developed, cities in other countries were also susceptible to this impact, such as the Hungarian border city of Brasov.

Brasov is located in the south of Hungary, the city is surrounded by the Southern Carpathian Mountains.Thanks to the efforts of the King of Hungary, Brasov became an important trading station connecting Europe and the Ottoman Empire.In addition, the city's tax-free policy allowed the local Saxons to reap huge profits and strengthen their local political influence.And these wealthy businessmen are the initiators of the unique local style of architecture.

Brasov later became a fief of the German knights.Since then, the new colonists began to deny the privileges of the local residents, let alone their identity as citizens.This made it impossible for them to run a handicraft business locally.

They began to move to Wallachia, where they settled on the frontier.

The linen, livestock, and beeswax produced in Wallachia were very popular, and some merchants began to engage in entrepot trade, selling these things to other places.Due to the entry of a large number of commodities, Brasov's textile industry has stagnated, and the animal husbandry industry has begun to shrink, while the upper-class aristocratic merchants are still squeezing, so the Orthodox Church has become the only belief of those at the bottom.

The Orthodox Church, centered on Cluj, unites the oppressed.The Wallachian script has also been spread, forming a strong pro-Walachian force, but those nobles are too lazy to care, as long as they don't delay their own money, they can do whatever they like.

Mircea officially announced at the Boyar Conference that the silver coin ducat made by the previous grand duke was abolished, and the silver coin leu and copper coin barney were used as the official currency, and the Wallachian script was used as the official language.

Yes, what Brother Renzheng accomplished more than 1000 years ago is only now being practiced in Wallachia.But it's not too late, at least not yet in the 19th century, when the strong were respected.Cutting land, paying compensation, being annexed, and being controlled, I dare not even think about it.

In addition to these, at this year's Boyar Conference, Mircea announced another major event: the establishment of the Senate.

The Senate is different from the Imperial Council. The Senate is a permanent body composed of the heads of various departments, the archbishop and judges. The Grand Duke selects one of these people as the prime minister (Peter's suggestion), who is responsible for assisting the Grand Duke and presiding over the government.

The Senate is divided into five halls, the first hall is responsible for legislation and administration; the second hall is responsible for commerce, handicrafts, and currency; the third hall is responsible for surveillance; the fourth hall is responsible for finance; the fifth hall is responsible for foreign affairs.

Mircea's power began to be gradually concentrated, and he also had the political skills to pull one faction against another.He promoted a large number of merchants who could read and write and the children of the poor nobles, but at the same time gave the boyar economic privileges.Rounding off, both parties can be satisfied, so that the rule of the dynasty can be maintained.

The conveniences given to the noble economy include: nobles can control workshops and factories on their land; nobles can establish trading centers on their hereditary territories, but their opening dates should be staggered from adjacent markets; nobles have the right to own, build or Purchasing houses and factories, nobles can sell any goods that comply with the law, and nobles are not prohibited from owning or establishing various workshops and factories.

In order to increase income, the nobles set up large-scale industries and carried out trade activities.Most of the industries they set up take the following three forms: "1. If the nobles have personal management skills, they can borrow funds without difficulty to set up industries; 2. If the funds and other materials are available, the nobles will use real estate to engage in manufacturing. ; 3, the landlord and the businessman or farmer who can provide the capital and business experience he lacks to set up an industry in partnership." And they have been widely involved in trade, and the resistance to reform is much smaller.

Constanta is the largest commercial city in Wallachia, with 296 merchants, 26 of whom are in charge of foreign trade.Domestic commerce in Wallachia was carried out through shops, bazaars and markets, and merchants made great profits in the field of commercial circulation.

In the external sphere, Peter's mercantilism began to bear fruit.In the second half of the year, Wallachia's revenue from customs duties increased by [-]%, and the revenue from silk, beeswax, livestock and wine grew the fastest.Wallachia began to form a preliminary wealthy business class, who were active in Hungary, Junburg, Ottoman, Poland and Lithuania.Of course, they also snatched the benefits that originally belonged to the merchants of Genoa and Rome, especially when delivering food to Junbao, they could always deliver it at the best price.The construction of the Constanta shipyard also made it possible for the company to sail in the ocean.

The first batch of Genoese ships ordered by Peter has arrived. This fleet of 10 merchant ships and five escort ships is the first trade fleet of the Wallachia Chamber of Commerce.They came to Galata with a heavy load, and then turned to Trebizond and the North Caucasus in an effort to increase Wallachia's share of the Black Sea trade.

Of course, Wallachia will also make a fortune for the country.For example, in Bulgaria, which is in the midst of life and death, the price of grain has risen by an unknown amount, while grain and various non-staple foods in Wallachia are sold through Jurgiu, and the hoarding behavior of farmers has caused the price to rise.As soon as it came and went, the wealth of Bulgaria flowed to Wallachia.

As for the minerals of Transylvania, the luxury goods of Poland, Lithuania and Bohemia all began to flow into Wallachia, and this small backward country began to catch up at an unprecedented speed.And soon to wow the surroundings in the new year.

(End of this chapter)

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