Chapter 2557

Shi Diwen asked: "Our country has also issued railway bonds in the past. Have any of you done any research on this?"

Seeing everyone's silence, Shi Diwen didn't feel surprised. After all, railway bonds were not common in the market, and these young people may not have the opportunity to come into contact with them.

He continued: "If you just compare economic returns, then maybe railway bonds are indeed not as profitable as bulk trade, at least on the surface. But you have to know that there are wealthy people who are willing to spend large sums of money to buy railway bonds.

People often value not only the return on the bond itself, but also its stability and reliability."

As we all know, there are roughly two types of lucrative trade. One is the cross-border and cross-regional trafficking of goods, which rely on their scarcity outside the place of origin to obtain high returns. For example, merchants from the West transport goods such as porcelain and silk, which are specialties of the Ming Dynasty.

Selling in Europe falls into this type of trade.

Although this type of trade has good returns, due to the need for cross-regional long-distance trafficking, its operating risks cannot be ignored. Unpredictable risks may occur in all aspects of production, procurement, transportation, handover, and settlement, which also have a greater impact on the strength of the merchants.

High demands.

The other category is special commodities that are operated through monopoly, such as salt, iron, tobacco, etc. These commodities are often necessities for life and survival, and it is difficult for ordinary businessmen to obtain the right to operate them. Even if a very few can obtain a franchise

Merchants with operating rights also have to face various risks in the sales process.

But even if there are huge profits, it is impossible for large merchants to invest all the funds in their business activities. Some money will definitely be left as working capital. How to use the surplus funds on hand to make money is also important for large merchants.

Issues that require careful consideration.

In the past, wealthy people either accumulated large amounts of cash at home or made money by lending money through banks and other methods. However, there was no profit from storing silver and winter melons in the cellar, and lending faced the risk that the funds may not be recovered.

After the emergence of Haihan Bank, large merchants discovered that depositing funds in banks for safekeeping can also earn interest income. Although it is not much, it is safe and stable, and it is also convenient for settlement of trade activities. The project jointly issued by the official and Haihan Bank

Bonds soon became another form of investment.

When Haihan was building the railway from Changhua to Danzhou in his early years, he had already issued several million yuan worth of railway bonds domestically through Haihan Bank. Because the returns were higher than deposits, he achieved good results at that time.

Financing effect. Rich people are happy to exchange their surplus funds for railway bonds with stable returns. If necessary, they can also sell the bonds in advance for cash.

“For wealthy people, buying this kind of officially issued engineering bonds is a trouble-free and worry-free way to manage money. You don’t have to worry about the business process or the issue of repayment, and you can stabilize the spare money in your hands.

It’s hard to find a more reliable way in the world than this.”

When Shi Diwen said this, he picked up the teacup again to moisten his throat, and then said: "Of course, in addition to financial gains, this is also a way to win official recognition. Rich people want to prove their understanding of the new era.

To express the loyalty and obedience of the government, investing money in such costly infrastructure projects is a good way to show it."

Although the replacement of Ming Dynasty by Haihan was carried out in a peaceful manner in most areas, the wealthy gentry class were not completely reassured. Many people were trying their best to take the upper-class route in order to preserve their families in the troubled times of changing dynasties.

of glory and wealth.

But it is not so easy to win the trust of the new ruler. Even if you want to give gifts to the newly appointed Haihan officials, you often cannot get in.

There is no threshold for investing in government-sponsored infrastructure projects, and purchasing engineering bonds is not just a matter of bleeding money. Instead, you can get a certain amount of income from it, and at the same time, you can get opportunities to interact with senior officials in Haihan. For the rich,

Why not do it?

Tao Hongfang said: "It does sound like a good method. Has Uncle Shi investigated the wishes of the local gentry?"

Shi Diwen nodded and said: "Investigation work must be done. I have met with many people and asked them about their opinions on the issuance of railway bonds. The vast majority of people are happy to participate. At present, I have reported to the Executive Committee

I submitted the relevant application and am waiting for approval from Sanya.”

Tao Hongfang then asked: "Then there must be more than one large-scale project like the Hangzhou-Nanjing Railway in the plan to move the capital? Does Uncle Shi plan to issue bonds to raise the funds needed for the project?"

Shi Diwen said: "Only for the land passage between Hangzhou and Ningbo, two routes have been planned, one is the railway, and the other is the official road. The scale of the official road project is relatively small, mainly for the Ming Dynasty.

The official road will be renovated and expanded. In addition, I also plan to build a land channel leading to the coast on the north side of Hangzhou Bay, connecting Hangzhou Prefecture, Jiaxing Prefecture, and Songjiang Prefecture, and including the Yangtze River estuary into the future capital city.

Within the jurisdiction.”

Everyone listened leisurely and fascinated. They all grew up on Hainan Island. They have been exposed to it since childhood and naturally understand the huge role that convenient transportation can play in developing local economy. If Shi Diwen's idea can be realized, then

There will be convenient land passages on both sides of Hangzhou Bay, connecting multiple state capitals in this area.

With the population and economic base of this area, if the transportation conditions can be greatly improved, it is not impossible to replicate the current prosperity of Hainan Island.

Then I heard Shi Diwen continue to say: "After the Bay Area develops to a certain scale, we can also gradually absorb the areas around Taihu Lake and the Yangtze River Basin to the north of the Bay Area. Suzhou, Yangzhou, Nanjing, these places also have considerable foundations.

Yes, if you need people and money, you can definitely develop in tandem with the Bay Area and make this area the most prosperous area in our country in the future!"

Shi Diwen's idea was certainly not groundless. Although he lived in North America before crossing over, he was no stranger to the development of the Yangtze River Delta region. Since this area had excellent objective conditions in the late Ming Dynasty, not only the products

The land of abundant fish and rice is also a developed area for commerce and trade in this era. Haihan's development capabilities can be fully utilized to build this place into the world center of the seventeenth century.

And these ideas of his are certainly not unfamiliar to the Executive Committee. This part of the plan is also one of the important reasons why the capital relocation plan can successfully win the support of the Executive Committee.
Chapter completed!