"We provide money, technology, materials, and slaves. Egypt produces land, people, effort, and materials, and the proceeds will be split half way?"
"Well, this deal can be done!"
After hearing Liu Jin's words, everyone nodded.
Everyone knows the benefits of building a canal. The role of the Beijing-Hangzhou Grand Canal naturally does not need to be explained. Before the Ming Dynasty, this canal was used to transport grain to the north. Without this canal, there would be no capital city.
bustling.
Of course, food in the Beijing-Tianjin area now mainly relies on sea transportation, and most of the food is also transported from Liaodong, but the Beijing-Hangzhou Grand Canal still plays a very important role.
If this Egyptian canal can be built, it will also be very important for connecting the Mediterranean and the Red Sea, and will be extremely convenient for travel between the East and the West.
Moreover, the conditions provided by Egypt are acceptable and relatively fair.
"How much will it cost to build this canal?"
Zhang Mao's eyes lit up, such a good deal must be done, and he, Old Zhang, must participate in it. After the canal is repaired, from now on he will be doing the cash collection.
"It will cost at least tens of millions of taels of silver. For the exact amount required, we need to send professional people to conduct surveys and calculations."
Liu Jin thought for a while and said.
"Ten million taels of silver?"
When everyone heard this, they also nodded slightly. Digging a canal is not a small project. It is a big project that requires the use of national power. It is normal to spend tens of millions of taels of silver.
"Let alone 10 million taels of silver, even if it costs 20 million taels of silver, or even 30 million taels of silver, this canal can be built."
"After it is repaired, the income from toll collection in a year will exceed one million taels of silver. And after it is repaired, it can continue to be used as long as it is properly maintained, which means longer-term benefits."
Ji Zhong, the Minister of Household Affairs, calculated it silently and felt that it was a good deal.
Don't think that tolls worth millions of taels a year seem small. Compared with the huge investment, the return rate does not seem to be very high.
But if you look at it in the long run, the reporting rate this year is not high, but what about ten years, twenty years, one hundred years, two hundred years?
Calculated in this way, this is a hugely profitable business, because the canal only requires simple maintenance after it is built, and does not require a large amount of money to be invested in maintenance every year. It is basically a pure profit.
In later generations, Egypt relied on this canal, earning billions of dollars in net income every year, and it was considered a pillar industry of their country.
"Ahem~"
"I will give you half~"
Emperor Hongzhi coughed and said very grandly.
He now has a lot of money, and he is worried about having too much money, because he has too much money in his personal funds, and most of it is deposited in the First Bank of the Ming Dynasty.
This money is too much, which is also a worry. He has been investing in many fields in the hope that money can make money and make more and more money.
There was no way around it. Emperor Hongzhi was also under great pressure. The Ming Dynasty's military expenditure fell on his internal funds. The annual military expenditure of more than 20 million taels of silver was not a small amount.
Perhaps this is what Emperor Hongzhi is most concerned about now.
"I can bear 10%~"
Zhang Mao thought for a while and immediately followed.
He is also extremely wealthy. He has invested in countless properties, and the money in his family is endless. Naturally, he will not let go of a good deal.
"Ahem~"
Liu Jian, Li Dongyang and others were immediately speechless.
This is the Shangshufang, a place where national affairs are discussed. How come it has become a place for businessmen to discuss business? The key is that Emperor Hongzhi took the lead.
Of course, what really embarrasses them is that they simply don’t have the strength to keep up. Although they have a small amount of assets, in the face of such a huge investment, their tens of thousands or hundreds of thousands of taels of silver are simply not enough to fill their teeth.
Sew.
But it is indeed a good deal. If you invest now and your children and grandchildren sit back and collect the money in the future, it seems that it will not work.
"Your Majesty, gentlemen~"
Liu Jin on the side saw all this in his eyes.
To be honest, although the investment of tens of millions of taels is huge, it can still be easily come up with by Ming Dynasty.
Not to mention anything else, Liu Jin, together with Emperor Hongzhi, the prince, Zhang Mao, Zhu Fu and others, can still come up with 20 to 30 million taels of silver.
But this is a canal, and it was built together with Egypt, so the matter is actually the relationship between the Ming Dynasty and Egypt, rising to the national level.
If you want to maintain the Ming Dynasty's control over this canal for a long time, you must tie all levels of the Ming Dynasty to this canal.
Not only Emperor Hongzhi should participate, but also Liu Jin, Zhang Mao and others, the civil and military ministers of the Manchu Dynasty should also participate, and preferably ordinary people should also participate.
The best way is to issue stocks, establish a stock exchange, and sell stocks. By then, everyone can buy and trade stocks, and naturally enjoy the benefits brought by the canal.
After hearing Liu Jin's words, everyone looked at Liu Jin, knowing that he had another idea.
"Liu Jin, do you have any other ideas?"
Emperor Hongzhi asked with a smile.
"Your Majesty, gentlemen~"
"This Egyptian canal is of great importance and the interests are quite exciting."
"I believe that a completely new model should be adopted in the excavation and operation of this canal."
Liu Jin thought for a while and said.
"A new model?"
"Tell me."
When everyone heard it, they immediately became interested.
"We can set up a special trading company, such as the Egyptian Canal Trading Company, to take charge of this matter. At the same time, we can subdivide the shares of the Egyptian Canal Trading Company, for example, into 20 million shares, each worth
One tael of silver."
"If you want to invest in the Egyptian Canal Trading Company, you can come and subscribe for the shares of this trading company and spend one tael of silver to buy one share."
"After the canal is dug, the Egyptian Canal Company will be responsible for operating the canal. After the income is shared equally with Egypt, the remaining money after deducting the operating expenses will be regarded as the company's profit, and then dividends will be distributed according to the number of shares."
Liu Jin began to explain the stock system to everyone in detail.
"Why do we need to divide the shares into so many shares? We can just contribute the capital."
Zhang Mao thought for a while and asked puzzledly.
"The reason why the shares are divided into so many shares is mainly to make it easier for everyone to participate. If you are rich like Mr. Zhang, you can subscribe for one million shares or two million shares. Ordinary people can get a little bit of it.
If you have money, you can subscribe for ten or one hundred shares, and those who are a little rich can subscribe for ten thousand or one hundred thousand shares."
"This makes it very convenient to raise funds for the construction of large projects. In the case of this canal, a large project investing tens of millions of taels of silver can easily raise enough funds."
"At the same time, it can also allow more people to enjoy dividends and benefits, and ordinary people can also participate in this form and obtain their own investment income."
"Following this model, I, the Ming Dynasty, can use the same method to raise funds in the future. The Egyptian canal can be built, and the same method can be used to build the canal here in the Golden Continent in the future."
"And the road construction in the Ming Dynasty will definitely be very slow just relying on the power of the court. If we can mobilize private funds and power, we can build more roads faster."
Liu Jin described in detail the benefits of this operation. In the final analysis, it is to facilitate the raising of funds to carry out large projects, and secondly, it is to allow more people to participate in and enjoy the fruits of development.
"This is a good idea~"
After hearing Liu Jin's words, Liu Jian couldn't help but praise.
I don't have much money in hand, and if I want to participate, if I'm just a few shareholders, I obviously won't have much say. But if I can raise funds in this way, that would be great.
"It's indeed a good idea."
Li Dongyang, Xie Qian, Zhong Zhong and others also nodded, and even Emperor Hongzhi and Zhang Mao had to admit that this was indeed a very good approach.
"But what if the money is invested and there is an urgent need to use the money?"
Zhong Zhong thought for a while and asked another question.
"This is a very easy solution. You can sell the shares you purchased to other people."
"We set up a securities and stock exchange to be responsible for managing this matter. The trading of shares is carried out on the stock exchange. If you buy the shares for one tael of silver and you need money urgently, you can repurchase the shares.
Sell it to someone else.”
"If it comes, it will not only solve the problem of urgent need for money, but also put the dividends on the exchange. The exchange will be responsible for management, supervise the commercial banks listed on the exchange, and urge them to follow the regulations.
The system is used to manage, distribute dividends, and also regulate share transactions.”
Liu Jin smiled and said, and also explained in detail some of the systems of securities trading in later generations.
"It's too complicated to go through all this."
Zhang Mao tugged at his beard and couldn't help but complain.
It is a shareholding system, securities and stock trading, and a special exchange must be established. It sounds troublesome at first glance, and it is far inferior to the current business model.
"It's quite complicated and troublesome, but because it involves money, and it involves many people's money and extremely huge wealth, it is natural to make detailed regulations and set up a complete set of systems to ensure that everyone
The investment can get a return, rather than a basket of water, otherwise, who will be willing to invest their hard-earned money?"
Liu Jin nodded solemnly and explained.
When everyone heard this, they also nodded. This large project with an investment of tens of millions of taels may have tens of thousands of people investing in it. Naturally, they must be cautious, conscientious, serious, and do everything in detail.
rules and regulations to fully ensure investors’ returns.