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Chapter 124: Financial Resources

The Chuzhou business groups are developing very rapidly now. Under Wang Jinghui's idea of ​​"processing incoming materials", although Chuzhou does not have enough cotton and rapeseed, it is purchased in large quantities from other places and processed into oil and cloth and then transported to various parts of the Song Dynasty through convenient land and canal transportation. There are countless merchants across the country who travel to and from Chuzhou every day, which has also driven the prosperity of other industries in Chuzhou.

The current prosperity of Chuzhou did not confuse Wang Jinghui's eyes. He knew that the historical period of the Song Dynasty was at a high stage of natural disasters, and food was a huge matter. After returning to Chuzhou, Wang Jinghui caught up with the time when farmland was sown in spring. The double-season rice trial planted last year began to be fully promoted in Chuzhou at this time. Since the late rice harvest last year, he sent the "experts" of double-season rice planting to various places in Chuzhou to promote the double-season rice planting technology. County officials and other local officials in charge must cooperate fully.

Fortunately, Wang Jinghui's "double-season rice" is a rice seed used, not a newly cultivated new product, but the sowing time and the choice of the second-season rice seed are different. The cultivation method has not changed much, so it can be cultivated as soon as it is promoted. Of course, some farmers are very suspicious of this, but Wang Jinghui did not force the promotion, but just asked these "experts" to bring their results to display and give preferential taxes. Although the effect is relatively limited, after statistics, nearly half of the farmers in Chuzhou's arable land area have decided to grow double-season rice.

With the application of new textile machinery, merchants' demand for cotton has also increased significantly. Last year, because they did not catch up with cotton planting, most of the cotton used by textile merchants was "imported" from other places. The price of cotton land also increased greatly. This year, stimulated by the expansion of the local textile industry. Chuzhou, which did not originally plant cotton, also began to appear in a large number of cotton fields, and also stimulated farmers in many places on Huainan East Road to start planting cotton.

Although Wang Jinghui was very happy about the widespread cultivation of cotton, he really felt very sorry in his heart: the profit of growing cotton is indeed very high, and grain is far more important than cotton at this time! So he convened officials from the Chuzhou Chamber of Commerce and counties before cotton planting and held a cotton planting meeting in Chuzhou City. The topic of the meeting was very simple: while growing cotton, the production of grain must be guaranteed! Some officials were very confused about this: they have all seen double-season rice, for them, the yield of double-season rice can completely make up for this gap, and now it seems that cotton has more economic value, and it will not be much worse than tea if it continues to develop.

The area of ​​double-season rice promotion and planting in Chuzhou is not small, but there are too many variables in this: the yield that can be achieved in the experimental fields may not be achieved after promotion. The land now needs food, and Chuzhou is the hometown of fish and rice. If a disaster occurs in other places, the court wants to transport grain, Chuzhou will inevitably share a large part of it and cannot produce the food at that time. The censors will definitely cause trouble for themselves, which will also be a serious blow to the Chuzhou Chamber of Commerce, which has just been in a new state. Therefore, you can earn less money, but the grain output must not be reduced!

On the issue of ensuring grain production, the conservative magistrate Xue Xiangzhi made him firmly stand on Wang Jinghui's side: Although he didn't understand the strategy of economic development for the immediate superior, the great relaxation of Chuzhou's finances was unquestionable. In the past, things that could not be done because of tight hands could be left alone. However, when Wang Jinghui communicated with him in advance, he also explained that grain production was related to their future career and career issues. So he chose Wang Jinghui without hesitation. Now he just hoped to maintain the status quo of Chuzhou. Such political achievements were enough to make his career promotion open, and there was no need to take such a big risk.

Under the strong suggestion of the two highest officials in Chuzhou, the result of this meeting was not at all suspense. Although the interests of the Chuzhou Chamber of Commerce were greatly restricted, Wang Jinghui believed that as long as he was there, the development of the Chamber of Commerce's power was certain. If he was hit, the Chamber of Commerce would be just a pig to be slaughtered.

In order to ensure a good balance, each county obtained a certain cotton planting quota based on its own situation to ensure that the grain planting area is maintained at a stable level. Both sides reached a relatively fixed proportion. The problem in Chuzhou was solved, but other places also prepared to plant a large amount of cotton based on the feedback from the news, which was not something that Wang Jinghui could control. So he wrote an urgent memorial based on the results of this meeting and reported it to Biandu, hoping that the ruling class could recognize this important situation and handle the issue properly according to his wishes.

Wang Jinghui was not worried about not passing such a memorial. After all, in the eyes of those Taoist scholars, it is obvious that food or cotton is more important. Even if Zhao Shu and Han Qi are greedy for money, they cannot stand their siege. Soon, the father-in-law's special hand-in-chief was sent to all local officials in the Song Dynasty to limit the number of cotton fields and ensure the area of ​​grain planting.

Seeing the letter from his father-in-law to him, Wang Jinghui felt a little amused: I didn’t expect that these scholars would have such a usefulness! But this time, he finally achieved a good result. If the cotton was sown a few days later, it would be too late.

In mid-March, Manager Li, who was in charge of Xingguo Bank, came to the prefectural prefecture to visit Wang Jinghui. The eunuchs in the palace knew that he was the guest of honor for the prince-consort and had a very private relationship with him, so they did not dare to neglect them. After arranging Manager Li, he went to inform Wang Jinghui of a visit. This time, Manager Li came here to report the operation of Xingguo Bank. The two of them discussed the current situation of the bank while drinking tea.

Since Wang Jinghui learned that he was appointed as the Military Affairs Office of Chuzhou, and Chuzhou was an administrative unit in Linhai, of course he would not forget the golden rule that if he wanted to make a fortune, he had to develop overseas trade. However, it required a lot of capital, manpower and material resources to develop overseas trade. Although Chuzhou was also a relatively wealthy area in the Song Dynasty, it was difficult to make money for water conservancy projects, let alone overseas trade. Moreover, the shipping level of Chuzhou was far inferior to Quanzhou, and the shipbuilding industry in Hangzhou was not developed, so he could only use the spirit of ants to gnaw bones to prepare in pieces.

Since Wang Jinghui returned from Kaifeng, the capital of Bian in mid-February and received a positive response from the senior leaders of the Song Dynasty for the development of shipping in Chuzhou. He began to speed up the handling of this matter. In Wang Jinghui's vision, the development of shipping is mainly based on businessmen groups and supplemented by state power. Merchants are the places where profits and wealth are pursued. Overseas trade has great potential, and the profits are naturally no problem. This will definitely attract batches of merchants to continue, and they are naturally the main force.

"Country?!" Wang Jinghui's heart not only once wanted to use the power of the empire to explore overseas markets. But the poor finances of the Song Dynasty would discourage the ruling top leaders, and the current country is still controlled by "moral saints". The essence of developing overseas trade is the word "money". If you want to sell this strategy to them, you are undoubtedly as ridiculous as hoping that pigs can climb trees.

"Let's talk about it after the imperial thinking changes. Nowadays, work is to set an example. The power of role models is infinite. I can't control the 'moral saint', but the profits of overseas trade will make my father-in-law and Han Qi surrender!" Wang Jinghui thought secretly in his heart.

Manager Li just rushed back from Hangzhou and Quanzhou. This time he went to buy ships and recruit sailors. However, he brought some bad news to Wang Jinghui: "Add to this time, I have a heavy trust from you. I did not estimate in advance that a ship that can sail from afar is so expensive. Xingguo Bank now invests most of its financial resources in all walks of life in Chuzhou, as well as the Qingmiao money on the entire Huainan East Road. The funds that can be freed up are only 400,000 yuan. You can only buy the eighteen ships you need, and half of the forty ships you need have are not yet arrived!" Manager Li sighed and said.

Manager Li and Wang Jinghui were both landslides. They were completely stolen about the maritime industry. They thought they could buy a sufficient number of long-distance cargo ships with huge capital of 400,000 yuan, but the structure was a big nail.

Wang Jinghui didn't expect that the price of a nautical cargo ship was so expensive, which made him feel a little distressed: this is still a second-hand nautical cargo ship! If he wanted to vigorously develop overseas trade while he was in office, the shipbuilding cycle was too long and he could not give him enough time to develop. So only by buying ready-made cargo ships can he be rescued. Unexpectedly, even second-hand ships were so expensive. It seems that things are not that simple. As he purchased a large number of cargo ships, the price of second-hand ships would inevitably rise sharply. If he allocated another 400,000, he would probably only be able to buy fifteen or sixteen ships!

Wang Jinghui doesn't care about the funds. In addition to Xingguo Bank's funds, the industries under his name are better than those of the printing press. He doesn't care about the money for millions of yuan. But the problem is that he cannot do it so obviously. After all, the fleet is under the banner of "Royal Shipping of the Song Dynasty". If he injects capital into it, he may have to change his surname to "Wang". The censors of the Censorate will never let him go. This is a hidden risk that Wang Jinghui tried hard to avoid.

After listening to Manager Li’s report, Wang Jinghui finally pulled out a smile from his mouth, probably not much better than zombies, and said, “Brother Zhenquan, I’m not thinking well about this matter and I don’t think about it thoroughly. You don’t have to blame yourself. Go back first, and I’ll think of it later!”

Manager Li also knew the pain in Wang Jinghui's heart, so he shook his head and walked out. However, when he first arrived at the door, Wang Jinghui said to him: "Brother Zhenquan, send a letter to Liu Chanfang, who is in charge of Biandu, and ask him to raise another 500,000 yuan to Chuzhou. The ship can be bought with money, but the port construction in Yancheng cannot be delayed. This money must be used for port construction, otherwise we will do it in vain if we have a ship!"

Manager Li nodded and expressed his understanding, and turned around and walked out: Wang Jinghui had never disappointed him. No matter when, he could come up with a solution to the problem, and I believe the same is true this time!

After Wang Jinghui sent away Manager Li, he thought about a solution alone in the study: he didn't expect that he would be stuck on this threshold, and it would make people laugh when he said it - a funding problem! He only had millions of wealth but did not dare to use it. This is really a very painful thing.

Wang Jinghui thought about his resources and couldn't help but feel a little self-deprecating: It is very difficult for others to find money, but it is still very easy to find money by himself. He has a high prestige in the business circle of Chuzhou. As long as he opens his mouth, he dare not say too much. At least 200,000 to 300,000 yuan is not a problem. However, the gap between them is still not small. Do you know how much the price of the damn nautical cargo ship will rise?! When you recover from it in the future, you must open a shipyard!

Opening a shipyard is also a matter of the future. The key is how to fill this hole now. In his vision, such a "ocean trade" requires at least forty fleets of ships. Otherwise, according to the sea conditions between North Korea and China, there will be less than forty cargo ships once a year. The profitability is not enough to impress the senior leaders of the Song Dynasty.

"Since you want to play, just play with the big one!" Wang Jinghui thought with grudges in his heart.

Before Manager Li could reach his residence, he was called back by the attendant of the prefecture's prefecture halfway. When he returned to the study room of the prefecture's prefecture, Wang Jinghui said a little apologetically, "Brother Zhenquan. I'm afraid I'm going to trouble you now!"

Manager Li knew that Wang Jinghui had thought of a solution to the funds, so he said happily: "Change it, there is anything I can do. You are welcome, just give me the order!"

Wang Jinghui said: "This time I plan to expand the scale of the fleet to Goryeo. Not only will second-hand ships continue to be acquired, but the entire fleet with strong fleets in Quanzhou and Hangzhou will also be acquired! I will form a fleet of 100 ships of all sizes before the best sailing season in May, and go to Goryeo with cargo. If possible, I will go to Japan further away!"

Maybe Wang Jinghui's crazy behavior scared Manager Li a little, and he didn't react for a long time. After a while, he said: "Change it, how much does it cost to have such a large fleet? Should I discuss with Mr. Xu and I discuss raising some funds from the Xu family to fill the gap?"

Wang Jinghui smiled and said, "Brother Zhenquan, you also know that the name of Chuzhou fleet is under the banner of "Song Dynasty Royal Shipping". Although the emperor invested only 200,000 yuan, it occupied 30% of the capital. This is obviously unreasonable, but in order to buy this banner, this loss is fine, but it will be of great use in the future! Since it is under the banner of the royal family, no matter how rich you and I are, I will not be able to occupy more than 30% of the capital.

Identity will make those censors write the stamp! I asked you to come back because I wanted you to go to Kaifeng, Biandu to raise money on my behalf. We want to make this deal bigger. We can't bear all the losses alone, and we also need others to hold the jar for us! Of course, I just said that there are also problems with the land. Second-hand ships in Quanzhou and Hangzhou are not so easy to buy, but we can rent them, which can save a lot of money. You can deal with them at will!"

Although Manager Li felt that Wang Jinghui's plan for hundreds of fleets was a bit crazy and had great problems in fund allocation, since he met Wang Jinghui, he has achieved fruitful results in almost every business activity of Wang Jinghui and has never been empty-handed. Even the nature of a welfare transaction can make him make a fortune. Therefore, following Wang Jinghui's footsteps in the general direction of the transaction land has become his habit, as long as he does the specific work himself.

Manager Li said: "According to this, there are quite a few businesses that have dealing with our industry, but the funds required to form such a large fleet are not a small amount. I'm afraid that the funds they can take out are also very limited!"

Wang Jinghui smiled and said, "Yes! What Brother Zhenquan said is good, but I don't want them to participate at all. After all, they can give out 20,000 yuan by themselves, which is the end. What I need is a merchant that can give out at least 100,000 yuan at a time. Merchants with such strength are the partners of our fleet, and other merchants don't need to consider them!"

"Take out 100,000 yuan at a time?" Manager Li shook his head and said, "There are two or three merchants with such strength and good relationships, but they are still far from meeting your requirements!"

Wang Jinghui took out a stack of invitations from the bookshelf. This was the invitation he sent when he was in Kaifeng, Biandu some time ago, when the big merchants in Biandu invited him to visit. However, Wang Jinghui was worried at the time and did not dare to have too much contact with them. Now it is different. These merchants are not the medium-sized merchants that Manager Li and they usually contact in their business. They are all "big merchants" with great backgrounds. Although their speed of making a fortune cannot be compared with Wang Jinghui, each of their property can be comparable to Wang Jinghui. It is easy to get an investment of 200,000 to 300,000 yuan in them.

Wang Jinghui handed the invitations to Manager Li and said with a smile: "Brother Zhenquan, this is the invitation I received when I went to Biandu some time ago. However, I was busy with political affairs at that time, so I couldn't go to the meeting. Their strength is extraordinary. You have lived in Biandu for a long time and should know them very well!"

After Manager Li opened the invitations, he saw that the names on them were all familiar figures when he was in Kaifeng, and both political and business circles have deep backgrounds. Xu is a century-old jewelry store in Biandu, and these people are Xu's old customers. Manager Li is naturally very familiar with the people in these invitations. After seeing these names, he said excitedly: "If you change it, you will have a broad way! These people used to be Mr. Xu, but they looked down on him. Now it will be much easier to have your face!"
Chapter completed!
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