Valley Emperor

In the Tang Dynasty in the 24th year of Xuanping, the attention of the court and the public was not the war far away in Africa, not to say that the war in Africa was not important, but it was too far away, and many people of the empire did not even know where Africa was. .

Although they all know the importance of the African campaign through the propaganda of the Tang Dynasty newspaper, but how do they know the importance of the African campaign, the distance is too far, and the news is transmitted slowly. Get up.

On the contrary, the Empire is paying more attention to Fuso affairs.

Because Fusang is close enough, as soon as there is any news, it can be sent back to China within a few days.

More importantly, the empire is organizing a large number of immigrants to Fusang, no, it should be Beihai Province.

The Immigration and Reclamation Division has made a lot of money, and the number of immigrants it organized for the first time reached more than 50,000 people.

Although these 50,000 people are said to be officially organized by the Immigration and Reclamation Division, this time the Immigrant and Reclamation Division does not plan to spend time and effort to organize it all by itself, and even chartered boat tickets.

They just issued immigration policies. Among these immigration policies, the most natural one is free land allocation.

Some immigrants who intend to settle in Beihai Province, apply to the Immigration and Reclamation Division, and then take a unified action, and then go to the coastal port by boat.

In order to transport these immigrants, many domestic shipping companies and ocean-going trading companies also responded to the call and opened special routes for immigrants to sell tickets to Fusang at relatively low prices.

Relatively, the conditions for immigrating from the empire to Beihai Province are far less plentiful than those of immigrating to the Nanyang region, but even so, immigrating to Beihai Province is the first choice for those who intend to immigrate.

Because all parts of Beihai Province are basically developed and mature, they will not be affected by any disease.

As for Nanyang, if you are not careful, you will get sick, and you will have to peel off the skin if you don't die.

After the first batch of 50,000 people set off for Fusang, more people are going to Beihai Province one after another.

Although Beihai Province said that the proportion of arable land is a little smaller, but the area is so large, not to mention too much, but it is not a problem to accommodate millions of people.

At present, the indigenous population of Beihai is only two million, and the Immigration and Reclamation Division also plans to move at least half of the indigenous population to Nanyang. In this way, there are actually only about one million indigenous people left, and the empire can completely emigrate from the country. Two to three million people come to live in Butterworth.

In addition to Fusang affairs, the empire also pays more attention to Nanyang and India. This has nothing to do with immigration. The immigration of Nanyang has always been continuous, and there is nothing to say.

More importantly, since Datang occupied Ceylon Island last year and divided the Indian Ocean into two, until now, the Datang Army and Navy and the company's fleet have joined forces to pull out the Portuguese colonies in Myanmar and the eastern coast of India. Now, Datang can proudly say that in the waters east of Ceylon Island, there is no longer a Portuguese colony.

Some are just the colonies of the Tang Dynasty.

This is equivalent to completely opening up the trade routes of the Tang Dynasty India.

More importantly, during the Spring Festival, there was a trend in the court, saying that the Datang Western Trading Company was about to reform, and it was very likely to cancel the trade monopoly in its Western trading license.

After the news came out, it caused a great reaction. Although it was only a rumor, the stock price of Datang Western Trading Company had been falling continuously, and correspondingly, the stocks of other overseas trading companies had risen rapidly.

Because everyone knows that this kind of thing can't be groundless. Since there is such a rumor from the top of the court, there must be some action.

Not to mention, the top management of Datang, or Li Xuan, is indeed planning to do this.

As early as last year, Li Xuan had already decided to reform the Datang Western Trading Company, the most important of which was the abolition of trade monopoly power.

Open up the Indian market to other trading companies in the country.

This can not only avoid the problem of insufficient number of ships and small trade volume from Datang Western Trading Company, but also further stimulate the export of various domestic industrial products.

You must know that there are more than 100 overseas trading companies with overseas trading licenses in the Tang Dynasty. Although these trading companies have strengths and weaknesses, they add up to a very impressive strength. Their participation in Indian trade is a waste of resources.

However, Li Xuan took into account the great influence of Datang Western Trading Company, in order to avoid turbulence, he took step-by-step measures, rather than saying one size fits all, directly canceling the various privileges of Datang Western Trading Company.

The first step is to take the company fleet back to the state. The company fleet is a special product of the development of India more than ten years ago, in order to compete with the Portuguese for colonies such as India when the official does not personally go to war with the Portuguese.

But now the army and navy have all gone directly. In the past two years, the company fleet has basically lost the right to operate independently, and its ground combat troops are all under the command of the Army Indian Expeditionary Force or the African Expeditionary Force, and its armed fleet It is under the command of the Indian Ocean Fleet Division.

The only thing that can still act independently is their armed merchant ships, and it doesn't matter if they are just armed merchant ships, because other overseas trading companies also have a large number of armed merchant ships.

As a result, the company fleet, as an independent armed force, effectively ceased to exist.

But now, what Li Xuan has to do is to completely settle this matter.

To this end, he issued an edict to directly recruit all the armed forces of the company's fleet.

Let the corporate fleet be history.

This is the first step taken by Li Xuan, and it did not cause much opposition. Anyway, the company fleet has a strong military background from the day it was established, and its officers and soldiers are all uniform. Retired soldiers, reintegrated into active duty troops is nothing.

And in this way, the Western Trading Company will not have to bear the huge military expenditure.

You must know that the biggest expense of Xiyang Trading Company is military expenses. This huge expenditure occupies most of the profits of Xiyang Trading Company.

Incorporating the company's fleet is only the first step.

The second step is to cancel the company's trade monopoly.

And this is also the reason why the market value of Xiyang Trading Co. has plummeted. In order to avoid heavy losses for investors, the Royal Assets Division has also invested in a stock repurchase plan, of course, this stock repurchase plan.

At the same time, Li Xuan still retains a large number of assets of the company, including many ordinary merchant ships and armed merchant ships, the ownership of colonial cities, the right to assist in the management of government affairs in the colonies, and the right to tax dividends.

Li Xuan's reform of the Datang Western Trading Company mainly focused on three points. One was to incorporate the company's fleet. This was of course to consolidate military power, but also to reduce the expenses of the Datang Western Trading Company.

The second point is to cancel the trade monopoly, but still retain the many privileges and many industries in the past, especially the property rights of the colonies, which still belong to the company. You must know that the Datang Western Trading Company is the largest in the Datang Empire. Landlords, they own a lot of land overseas. All the colonies west of Malacca, but those under the control of the Tang Dynasty, are basically the territory of their company, such as Gohe State and the adjacent large territories, the entire island of Ceylon, Madagascar Island, West Indies, etc.

All of them are the private territory of their company, the kind with property rights.

In addition, in the area east of Malacca, half of Banten Prefecture is also their territory, and half of Luzon Prefecture is also their territory, including Luzon City and Banten City. It is the industry of Datang Western Trading Company.

Reserving these industries for Datang Western Trading Company is to avoid the company's stock price plummeting, because if it is directly nationalized, it is basically equivalent to directly robbing the people of at least 100 million yuan of assets, which is going to happen.

Therefore, various industries are retained, even the right to tax dividends and the right to manage government affairs.

The third point is to launch a share repurchase plan, because a series of reforms aimed at Datang Western Trading Co., Ltd. is actually a naked deprivation of the company's interests, and then distributed to other trading companies.

Having lost its trade monopoly, it is inevitable that the company's stock will plummet. In order to quell public grievances, at least not allow them to lose too much. Retaining various industries and some privileges is one aspect, and the stock repurchase plan is also a very important point.

The stock repurchase is led by the Royal Assets Section, but it is not the Royal Assets Section that actually pays the money, because even if the Royal Assets Section is rich, it is impossible to directly use tens of millions for stock repurchases. More critical Yes, these tens of millions were thrown directly into the water, because at that time, the market value of Datang Western Trading Company was definitely not so high.

In fact, it is the Ministry of State-owned Enterprises who paid the money. Of course, it is impossible for the Ministry of State-owned Enterprises to directly use so much cash to repurchase. It is not tens of millions, but tens of millions or even hundreds of millions.

Therefore, the repurchase plan is not to issue cash directly, but to issue a corresponding amount of treasury bonds according to the existing market value.

To put it bluntly, it is to trade bonds for stocks!

How are these debts repaid?

Naturally, it is impossible to repay with fiscal revenue~www.wuxiaspot.com~ Although the fiscal revenue of the Datang Empire is large, it cannot be used in this way. The repayment of these national debts will be licensed by overseas trade in India, West Asia and Africa. Income and a portion of the tax in the directions above are responsible for repayment.

Among them, the trade license fee is a major income.

Even if trade is liberalized, according to the industrial and commercial tradition of Datang, you must have a license for basically everything, and you need a Nanyang trade license, an Oriental trade license, an American trade license, a weapons import and export license, etc. to run overseas trade. .

But if those trading companies want to run the Indian route, they have to apply for a western trade license. This western trade license requires money, and it costs a lot of money, and it is the kind that has to be paid every year.

To put it bluntly, more than 100 trading companies used the cost of purchasing the Western Ocean Trade License to make up for the loss of the investors of Datang Western Ocean Trading Company.

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