The spring of the seventeenth year of Hongzhi passed quickly, and Liu Jin was very busy.
The Tianjin Stock Exchange, the first railway of the Ming Dynasty, the Egyptian Canal, matters of his own bureaucracy, etc. Liu Jin was so busy with many things that he was dizzy, and a few months passed in the blink of an eye.
At the beginning of summer, things about the Tianjin Stock Exchange and the first Beijing-Tianjin Railway in the Ming Dynasty were finally busy.
"Sell newspapers~ sell newspapers~"
"Breaking news, big news~"
"The imperial court established the Ming Stock Exchange in Tianjin~"
"Beijing-Tianjin Railway Commercial Bank will become the first commercial bank listed on the stock exchange. Anyone can subscribe and purchase shares of Beijing-Tianjin Railway Commercial Bank on the securities exchange."
With a hint of chill, the Beijing-Tianjin area once again ushered in a new day. In the streets and alleys of the Beijing-Tianjin area, newsboys walked along the streets carrying a large number of newspapers, shouting loudly as they walked.
With the shouts of the newsboys, the entire huge city seemed to wake up all of a sudden.
Originally there were only a few people on the street, but soon a large number of people poured out from every corner. These people quickly came to the newsboys, holding the copper coins that had been prepared in their hands, and quickly handed out the newspapers one after another.
Buy them and deliver these newspapers to your master.
Then there were more and more pedestrians on the street. Some were in a hurry to go to work, and some were very leisurely, holding newspapers in their hands, preparing to go to the teahouse to drink morning tea, read newspapers, and chat with friends.
There are also busy four-wheeled carriages that are constantly traveling through the streets, loaded with all kinds of goods, looking very hurried.
From each shop along the street, waiters came out one after another, closed the door panels, and began to prepare for a new day of business. As for the teahouse, it was already overcrowded very early. Many teagoers gathered together in twos and threes, holding tea in their hands.
newspaper, drink tea, have breakfast, discuss a few words from time to time, and at the same time patiently wait for the arrival of the newspaper reader.
The tea house business is currently the best and most stable in the entire capital, and it is also the largest number of businesses in the entire capital. It can be seen almost everywhere.
Young and old men in the capital also like to go to teahouses to drink tea and chat. Of course, the most important thing is to listen to the newspaper reader interpret the news of the day.
Everyone has their own views and opinions regarding newspaper reports. Limited by their own knowledge and cultural level, not everyone may be able to understand what is reported in the newspaper.
Of course, the main reason is that there are too few people who are literate in this era, so the profession of Mr. Newspaper Reader has emerged.
Newspaper readers are generally very knowledgeable and well-informed. They should not only be able to understand the above content, but also be able to understand the past and present. At the same time, they should also be able to draw inferences from one instance and interpret it in conjunction with history and background.
Only in this way can we have an in-depth and detailed interpretation of the news content involved in the newspaper, so that tea drinkers can be inspired and benefited. Only in this way can we drive the business of the tea house and attract people to come to the tea house to drink tea every day.
Tingyuge is the most famous teahouse in the capital. Mr. Yang of Tingyuge is also recognized as one of the most powerful newspaper readers in the capital. He can draw inferences about almost everything in the newspaper, quote from classics, and explain the current situation of the Ming Dynasty.
clear.
Therefore, before Tingyu Pavilion opens every day, there are already many teagoers who come to drink tea and listen to newspapers. When the door opens, there are basically no seats left.
Today is the same as usual. Almost every one of the many tea drinkers has a newspaper in their hand, and they are discussing it with the people around them while reading it.
"What is the purpose of this Tianjin Money-Making Exchange?"
"Isn't it made very clear above? It is mainly used to trade stocks, and these stocks are the shares of a commercial bank. If you spend money to sell the stocks, you become the shareholder and owner of this commercial bank."
"Is there such a good thing?"
"Well, isn't it written very clearly above? Look at this paragraph carefully. Is it like this?"
"It's just that the commercial banks listed on the Tianjin Stock Exchange are very large commercial banks, and they often cost millions of taels of silver. In order to allow more people to invest and share the profits, the shares were split into hundreds of shares.
Ten thousand shares, one tael per share, everyone can buy a few shares, invest in this business, and when the business makes money, it can use the money earned to distribute dividends."
"You can get a corresponding amount of dividends by virtue of the stocks in your hands."
"With just one tael of silver, can I be my boss?"
"One tael of silver is also the boss's, but it's just a little boss's."
"This stock can still be traded, will anyone buy it?"
"Who knows, maybe someone will buy it."
"Anyway, I won't buy it. This business has a capital of several million taels. Let alone one tael or ten taels, it's only one thousand taels or ten thousand taels. Those are also small shareholders. In front of the major shareholders, they don't care at all.
Say nothing."
"Yes, but it was written very clearly in the newspaper that the interests of both small shareholders and large shareholders are very important. Although large shareholders have the right to speak, they cannot deprive small shareholders of their interests."
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"What happened?
Miscellaneous, what’s the use?”
"Let's wait and see how Mr. Yang interprets it."
"And this Beijing-Tianjin Railway, what the hell is this?"
"Railways, railways, don't use steel to build roads. How much steel is needed? Even if it is built from Beijing to Tianjin, the amount of steel required is astronomical."
"Read it carefully first. Isn't it written very clearly?"
"The Beijing Machinery Research Institute has successfully used steam engines to research steam locomotives. Steam locomotives can be used to travel, but special rails need to be built to travel."
"This railway is a road specially designed for steam locomotives to travel. Because it is a railway track, it is called a railway."
"This train is actually a steam locomotive. It is called a train because it burns coal and emits black smoke."
"What's the use of this train? The newspaper said that they want to raise 2 million taels of silver to build the Beijing-Tianjin Railway. Two million taels of silver are too much, right?"
"No one has ever seen a train, and no one knows how it is. If I invest two million taels of silver at once, will anyone be stupid enough to buy their stocks?"
"Yes, yes, no one knows what this train looks like or what it is used for. So we are raising funds from everyone and asking them to go to the Tianjin Stock Exchange to buy stocks. Isn't this a joke?"
"This share costs one tael of silver. This is just money in vain, not copper coins. You can't earn more than a few taels of silver even if you work hard for a month."
"I don't know if other people will buy it. Anyway, I will never buy it."
"I won't buy it either~"
"This stock sounds like a good one. It's almost like using money to buy shares and do business. However, it used to be a partnership among acquaintances to do business. Now it's changed to a public raising of funds from everyone to do business together."
"When doing business between acquaintances, it depends on credibility and the size of the share capital. If you are a small boss, you will not be able to talk at all. If you are cheated, you will have no place to cry."
"Now we are selling stocks for one tael per share. I really don't know how I came up with it."
"If you invest this money, it will definitely be wasted."
"It's a good idea. You can participate in the dividends at the end of the year. Who knows how many copper coins will be given to you, or even not even a penny."
"That's right~"
"That's right, that's right~"
The entire Tingyu Pavilion was discussing the two major events reported in the newspaper.
"Pa~"
Just as everyone was discussing, Mr. Yang, a newspaper reader sitting on a square table in the middle, came. He slapped his wooden frame heavily, and everyone in Tingyu Pavilion immediately stopped the discussion and all shouted.
She looked at him and waited quietly for him to start reading today's newspaper.
"Today's newspapers reported two major events, which are two major events that will have a major impact on our country in the future!"
Mr. Yang took a sip of tea and spoke slowly.
As soon as he opened his mouth, the tea guests in Tingyu Pavilion couldn't help but slightly widen their eyes.
In everyone's opinion, the two things reported in today's newspapers are not too unusual and important. However, Mr. Yang did not expect that in Mr. Yang's view, these two things would have a profound impact on the entire Ming Dynasty.
"First, let's talk about the Tianjin Stock Exchange."
"The establishment of Tianjin Stock Exchange has extraordinary significance."
"Many people may not agree with my views, but that doesn't matter. Please listen to my explanation slowly."
"If Zhang San wants to open a Chaos stall, it should be a very simple matter. He just needs to use his savings, buy some wonton-making tools, and build a few seats."
"But if Zhang San wants to go overseas to do business, he only has 10,000 taels of silver, which is not even enough to buy a ship. At this time, he must either borrow money from a bank or borrow money from rich relatives and friends to raise funds."
"But if one day Zhang San needs to do a really big thing, for example, Zhang San wants to build a highway from Beijing to Liaodong, which may require three million taels of silver."
"What should Zhang San do?"
"You may not be able to borrow such a huge amount from a bank. Borrowing money from relatives and friends, even if you borrow all the money, is not enough."
"But Zhang San attaches great importance to the benefits of building a cement road. After the cement road is built, even the tolls collected will be enough for Zhang San to make a lot of money in the future."
"So Zhang San came up with a way. He proposed his idea of building a highway, raised funds from everyone in the entire Ming Dynasty, and promised that in the future, he would use the proceeds from the highway to distribute dividends to all investors."
"...This is actually the essence of the stock exchange. Its essence is to raise funds from society and gather idle funds to do big things, build roads, build ports, etc."
