Chapter 128: Business
Lavag City is a harbour city, just like Manila.
After the Ming army took over Lavague, they took over various local files from Lavague from Spanish officials.
According to statistics, there are roughly 10,000 residents in Lavag City, most of whom are businessmen, sailors and craftsmen.
This made Liu Yu quite satisfied. After all, Weigan's population is only more than 6,000.
Although the population in mainland China is at its highest level, considering the reasons for the harbor trading city, the wealth of wealthy merchants, sailors and handicraftsmen living here have been far higher than that of traditional farming society.
This time the arrival of the Sihai Business Company brought a total of ten ships of food.
At the same time, Shanhai also transported food from the road to Lavague.
The influx of food and the Ming army opened the Spanish grain warehouse to curb the price of grain in the city. At the same time, the Ming army distributed free food to the disaster-stricken poor people in the city, which undoubtedly gave the residents of the city a blessing.
The residents of the city who had experienced the catastrophe became quiet for the first time, and some civilians who were trying to escape also settled down.
Now a series of coastal towns such as Vigan and Lavag are occupied by the Ming army, which shows that the army really has gained a foothold in Luzon.
As the largest island in the Philippines, Luzon in the Ming Dynasty was known as the Great Luzon and the Little Luzon. The Great Luzon refers to the Philippines in a broad sense, while the Little Luzon refers to the Luzon state recorded in Chinese historical materials, which is the largest island in the northern Philippines.
Although he was very eager for Manila's prosperous trade and sailing routes, Liu Yu still endured it.
In fact, Liu Yu now really wants to sign a gentleman agreement with the governor of Manila.
However, considering that the Spanish raided Mingcheng and the Ming army annexed the Spanish government's property, the governor probably wouldn't have signed such an agreement casually.
"Sir, ten ships of grain have been transported to Lavag Wharf, and the trade routes can be restored within about half a month by mountain, sea and land." Su Langqing stood respectfully in front of Liu Yu.
Liu Yu has been establishing the Sihai Commercial Bank for some time, and Liu Yu has handed over the daily operations to the four major merchants in Weigan.
"Since Lavag has lifted the siege, the traditional business roads must be restored as soon as possible, and the Shanhai should be informed to restore the trade on the way from Vigan to Lavag and the surrounding areas of Lavag as soon as possible." Liu Yu said to Su Langqing.
Four Seas Commercial Banks are divided into four parts according to trade,
Mountains and seas: land trade, with Rawag and Vigan City as the core, Tugegalao, Banggui and others as the bases, for land trade, mainly transporting and selling grain specialties from local tribes of Irok and Tagalog to Vigan and Rawag through the road. At the same time, handicrafts from cities such as Vigan and Rawag were sold to indigenous tribes and chiefdoms in exchange for goods.
Chinese merchants basically did not trade on these roads because the local tribes were complex and dangerous. In addition, the various business groups on the road excluded the Han people, so basically no one chose to trade on land. But now it is different. The northern part of Luzon is in the hands of the Ming army, so who dares not to follow?
The business roads between northern cities and the paths between major tribes were cleared by the Ming army. Although it cannot be said that everything is covered, basically no one dares to make things difficult for Chinese businessmen.
Under the escort of the Ming army, many Chinese merchants began to engage in land trade. Shanhai purchased urban handicrafts and exchanged specialties such as grain and palms with major indigenous tribes, and exchanged goods for silver and other currencies for towns such as Weigan. Due to the war and blocking of key roads, many towns urgently needed grain specialties.
The trade between mountains and seas is particularly good. Taking advantage of the opportunity to develop first, it soon gained considerable returns.
The long sea is mainly responsible for maritime trade, especially ocean trade. Ships sail from Vigan and Rawag to East India, Batavia and other places, and even Manila. Due to the decline of pirates in these days, the waterway has recovered its prosperity. Chinese merchants have also begun to conduct long-distance trade by accepting the merchant ships from Vigan, but the results are not ideal.
Lu Hai and Liu Yu formed Lu Hai and wanted to divide the big cakes for the Southeast Asian trade, selling tea, silk, porcelain and other specialties to Manila, East India and other places, and selling spices and other Nanyang specialties back to the Qing Dynasty to make high profits. Of course, the spice venue is still in the southern part of the Philippines, and Liu Yu will not be able to get involved in it for a while, but the tea and porcelain business is still very important.
Minghai is relatively special because its business target is the Ming army. Through merchants in Luzon, the Ming army is much more convenient in daily life, especially grain, medicine, leather and clothing, etc., which can be purchased in Luzon through Chinese merchants, of course, basically on credit.
During this period, Minghai transported food to the Ming army in Lavague, which allowed more than 2,000 Ming troops to besiege the city for half a month. Out of recognition of Minghai, Liu Yu reduced 10% of the commercial tax for Minghai.
The commercial taxes for mountains, seas, land and seas are 30% of the total seas. This is 30% of the net profit after earning profits in trade and minus ships sailors and the original price of goods. The Ming army protected ships on long-distance voyages through the channel, etc.
Minghai's tax was only 20% for serving the Ming army, and now it has been generously reduced to 10% by Liu Yu.
As the head of Minghai, Su Langqing was naturally happy. In addition, the Ming army, who occupied Lavag, began to repay the previous credit, which gave Minghai confidence to continue to cooperate with the Ming army.
Thousands of Chinese who were detained in the Lavag prison were also released by Liu Yu.
These Chinese were imprisoned by the angry Spaniards in Lavague's prison because of the arrival of the Ming army.
The reason why the Spaniards did not wave their butcher knives at the thousands of Han people was mainly because Sir Brent felt that if the Ming army really attacked Lavague, then these Chinese could serve as bargaining chips for negotiation.
But he didn't expect that the Spanish merchants would ruthlessly abandon him.
Now not only did these thousands of Chinese not become his bargaining chips for negotiations with the Ming people, but on the contrary, Ravague's thousands of Spanish became Liu Yu's bargaining chips for Manila.
The number of Spanish colonies in Luzon has never exceeded 10,000, and is basically distributed in Manila, Luzon and several port towns.
The Spanish captured by Liu Yu were mainly hundreds of merchants, officials and their families, as well as a large number of Spanish officers and soldiers, with a number of about 1,000.
Chapter completed!