781 The First Case of the People's Court in the Tang Dynasty
In Datang's steel mills, the Turkic Uighurs had obtained almost 25% of the stock.
The coins they spent were almost the same as the Uighur people, except for the grain they had to preserve for the winter. They exchanged everything else for coins to buy stocks in a steel mill in Datang.
Why do the Uighurs want shares in a steel plant?
Qin Qiong couldn't understand, so he ran to General Tiance's mansion to find Li Yuanxing.
"Datang dared to sell stocks if they were afraid of being bought by others. This would be laughed at by the people of the world, so if the Huihe people have money, let them buy them. It is also their ability to really be able to buy 70% of the stocks. If Datang had
If you can't even afford these things, the majesty of the Tang Dynasty will be damaged!"
Before Li Yuanxing could express his opinion, Shi Weiting, the chief minister of the Prince of Qin, stood up and expressed his opinion.
Li Yuanxing said: "I'm afraid the Uighur people have spent more than one million coins. The stock price has been rising recently. If they can't buy 30% of the coins, you can lend them some. Of course, it must be reasonable, legal and reasonable.
case."
"For example, open up the expectation market." Wei Ting asked from the side.
"Are you a little anxious?" Li Yuanxing asked back.
Wei Ting said: "Your Highness, there is no rush. The spring market will open this time. Spring silkworms, wool, and hemp can all be opened. The Ministry of Commerce has calculated that within one month of the market opening, prices will increase by up to 20%, which is considered a
Wipe it and do a test for autumn products. You know, autumn snow sugar, raw sugar, starch, and even canned Lingnan fruits are all willing to be ordered."
Li Yuanxing lit up a cigarette and took two puffs: "Then, let's do it according to the Ministry of Commerce's ideas. Be cautious and don't shake the confidence of the people. Also inform the newspapers to spread some knowledge about futures and stocks. First of all, let
The people know the danger and know how to be cautious."
After thinking about it, Li Yuanxing added: "That bond can also be opened. It doesn't matter whether there are people or not. What matters is an attitude. In a word, this kind of thing can earn seven cents a year, and only seventy cents can be earned on a regular basis."
, In terms of interest rates in the Tang Dynasty, it can be said to be pitifully small, but it is stable, and the people can only save money as if they have money."
Wei Ting gave a half salute and stepped back to make arrangements.
Whether it's good or not, you won't know until you try it.
Since the Ministry of Commerce of the Tang Dynasty was determined to do something, Li Yuanxing believed that as long as the bottom line was maintained and the people were not allowed to suffer huge losses within two years, then the stock arrangement would not be considered a failure.
As for the debt!
In the Tang Dynasty, there was no deposit interest for depositing money in the bank. Instead, each deposit required a deposit fee of two cents. The common people could understand, because there was someone to take care of their money on their behalf, and even if the note they saved the coins was lost,
Yes, with your fingerprints, the correctness of the market, and your identity card, you are guaranteed to get your money back.
Therefore, the people of the Tang Dynasty have decided that deposits must be paid to the bank instead of receiving interest.
What Li Yuanxing is concerned about is how much people recognize this bond. After all, it is safer than stocks. Under extremely safe conditions, you can still get money.
But what the Emperor of Tang Dynasty was concerned about was another matter.
There are dozens of shareholders who own shares of Changluo Railway, and none of them are major shareholders. The person with the most shares, accounting for about 8.5% of Changluo Railway shares, originally ran a silk garment shop.
.Saved some money and bought shares of Changluo Railway.
The least one, only ten hands, was originally the owner of a small shop selling tofu in Chang'an City.
These people, holding more than 400 pages of pleadings, actually ran to the court of the Chang'an Order. It was not a complaint, but just wanted an explanation. The Judicial Officer of the Chang'an Prefecture took over the case, but after looking over it, he again
The case was moved to the Ministry of Commerce. But after the Ministry of Commerce looked at it, they couldn't take care of it because the Ministry of Railways was at the same level as them.
Therefore, these more than 400 pages of pleadings were handed over to the Ministry of Punishment.
After Dali Temple, a subordinate of the Ministry of Punishment, read the case file, the chief officer on duty thought again and again and actually sent the paper to the palace intact, with a stamp attached, thinking it could be investigated in detail, but this matter involved
The Ministry of Industry, the Ministry of Household Affairs, Yaozhou, Prince Qin's Mansion, Railway Road, Changluo Railway Management Department, so I ask the Holy One to approve it first.
When Li Er saw this thing, instead of being angry, he was actually happy.
The first case file is almost forty pages long, explaining the entire process in detail.
According to the principle of the Changluo Railway's accounts being disclosed in the stock market, not only the daily operating expenses, but also the accounts during construction must be disclosed. Thousands of shareholders who own the Changluo Railway actually divide their labor and give the entire account to
I reviewed it again. I didn’t say whose fault it was. In short, if I didn’t understand anything, I had to figure it out.
The first case is the price of rails.
Someone actually recorded the changes in steel prices in Chang'an City and Yaozhou.
Therefore, two of them are very vague in terms of time. They were recorded when the price of fine steel in Chang'an City dropped. After that, the price has already dropped, but for these two purchases, the time of purchase, then
The price should have dropped, but in fact, it is still the same price.
This time, it's eight thousand tons of fine steel.
Then the second case is saplings. The prices of these saplings are almost 10% higher than the market price. So stock investors want an explanation.
Next, it’s the cost of repairing the station.
The last big thing is that the price of train cars varies greatly, sometimes high and sometimes low. It seems that the price rises and falls again. These stock investors must ask for an explanation.
After that, there are scattered small problems, the difference is only dozens of coins, hundreds of coins and the like.
Li Er flipped through it with great interest. He originally thought it was the end of more than 300 pages, but there were more suggestions at the back.
For example, the catering company on a train cannot be just one family. The food they sell is poor, and people on the train scold them a lot. But there is no mention in the accounts that the catering vendor has paid any interest, so a train must have
There are three restaurants selling food, and they charge a certain amount of money.
The passageways of the station should be separated for those transporting goods and those carrying passengers.
Many suggestions like this.
After Li Er saw it, he laughed.
Li Er absolutely did not believe that there would be corruption during the construction of the railway. Because although the Changluo Railway was built by the Ministry of Industry, Yaozhou provided help and the Qin Palace supervised it, in fact, it was almost built by Yaozhou.
The main force and the backbone of the technical department were all sent from Yaozhou.
Even if it wasn't someone from Yaozhou, it would just be a supervisor from the Prince of Qin's Palace.
Li Er didn't believe that anyone was bold enough to do anything under the nose of Prince Qin's palace, not even a sapling.
"Your Majesty, the people have complained to the officials. This matter has never been recorded in the Tang Dynasty." Du Ruhui rushed to the palace specifically for this matter.
"Is there anyone in the former Sui Dynasty?" Li Er asked casually.
Du Ruhui answered very seriously: "There was no such thing as the Sui Dynasty, nor the Northern Zhou Dynasty. Even the Jin and Jin Dynasties did not have people complaining to officials in the true sense. Especially if they were not wronged!"
Du Ruhui's statement about complaining without injustice can be said to be a very wonderful statement.
"Go check it out!" Li Er ordered.
Du Ruhui personally went to investigate and transferred several officials from the Ministry of Justice, the Ministry of Commerce, and the Ministry of Industry. What he was investigating was not the accounts, but the affairs. There must always be an explanation for what is going on. This must be reported to the Emperor of the Tang Dynasty
An explanation must be given to the people.
The next day, Li Yuanxing chose the bond. The first bond was the Changyi Railway bond. The short-term bonds are two or three years, and the long-term bonds are five or eight years. The real-name system allows trading. The two-year ones are one-year bonds.
The interest rate is 70%, and the interest rate in one year of eight years is almost 10%.
In other words, if you lend money to Changyi Railway, eight years later, you will get back almost double the money.
The smallest ticket is worth one thousand dollars. The largest ticket is one thousand dollars, and the amount is unlimited.
For this matter, Li Er was filled with doubts. Don’t you, Li Yuanxing, have any money? In other words, you let the people misunderstand you, saying you don’t have money to build any railway. But in fact, within a few days, Li Yuanxing’s Changyi Railway Bonds were actually used.
The pieces of paper were exchanged for more than 100,000 yuan of idle funds in Chang'an City.
Just one month after the stock was listed, the chief financial officer of Changluo Railway and an official from Zhengwupin came to the stock trading floor.
"Everyone, there are two things in the contract about saplings. One is that no matter how many are planted, the Changluo Railway will only pay according to the living ones. The other is that the Changluo Railway is only responsible for a few kinds of living saplings, and the railway has nothing to do with transportation or planting.
.So the price is 10% higher. In fact, the labor saved is almost 10%. It is a good thing to keep the job alive!"
What is the level of the fifth-grade official? If placed in an ordinary place, it would also be the level of Fu Yin.
That is a high official that many common people may never have the chance to see in their lifetime.
A fifth-grade official came out to explain, which is also a sign of sincerity.
When it comes to corruption, no one may dare, but in some places, money was wasted, and in some places, mistakes were made and they were dug again. The labor consumed and so on, it is natural to stand up and apologize. After all, who can guarantee that such a big project will be perfect?
For perfection, a few mistakes should be allowed.
One by one, one by one.
For a whole day, the fifth-rank official's task was to answer the investors' questions one by one from the prepared materials.
At this time, the entire stock market exploded. The Wan Minshu was submitted to the Department of Commerce. The shareholders demanded that at least every year those selling stocks should send one or two distinguished people to communicate with those who bought the stocks.
"The stock has become a ruler!" After Li Yuanxing found out, he only commented this sentence.
No one understood what Li Yuanxing meant, and Li Yuanxing did not explain.
The only thing that surprised countless people was that a month and a day after the stock market opened, half of the forty stocks were trading at their daily limit and half were at their daily limit.
Among them, Wangjia Taiyuan Coal Mine, which started to fall the day before, fell to the limit when the market opened in the morning.
This was considered a big event, and even Wang Jishan couldn't sit still, and sent five or six people in succession to investigate the situation. The result of the limit drop was that their Wang's Taiyuan Coal Mine did not publish detailed accounts, so that investors did not feel sincerity
.(To be continued. Please search Piaotian Literature, the novel will be better and updated faster!)