Xinshun 1730

Chapter 848 Prestige

The issue of an annual rate of return of 8% is not a big problem for the Netherlands, and it can even be said to be completely acceptable.

Seeing the end of the war in Europe.Anthony and others knew in their hearts that the Netherlands would withdraw from the war, and Britain, France, Osi and others would withdraw from the war within a year or two.

If there is no war, the national debt of various countries will not be easy to sell.And at this time, there is no good investment direction. The annual interest rate of 8% is absolutely acceptable for the financial capital of the Netherlands.And it has to be accepted with glee.

However, this shareholding ratio, as well as the government regulation that Dutch businessmen are most afraid of, still need to be discussed carefully.

Moreover, what rights does the Sino-Dutch joint trading company have?

In addition to trade, in addition to escorting ships, can you garrison troops?Can an army be recruited?Can I collect taxes in Southeast Asia?Will it even be possible to call to India to collect taxes in the future?
In other words, what is the form of this company?

Is it the Anglo-Dutch model?

Or the Spanish model?

Or even neither, but a special Dashun model?

To what extent will the Dashun court control the company after the supervision period has passed in the future?
These must be asked clearly, and they are also the most concerned issues of the Dutch commercial capital.

In fact, the foundation of the cooperation between Dashun and the Netherlands is to win over the commercial capital of the Netherlands and contribute to Dashun's trade in Europe.

Otherwise, in fact, Dashun can completely learn from the previous model of the East India Company: no stock offering, only borrowing.Loans can be borrowed at a low interest rate of about 5%.
There is a folk saying that it is called eating alone and shitting.

The Dutch East India Company was opposed by a large number of people in the Netherlands, because the Dutch East India Company also ate alone.

It would not be good for Dashun to eat alone.

It seems to be more economical, but after all, the Dutch commercial capital objected, and they were dissatisfied that they could not get benefits. If they did not invest, they would not be "own industries".

At that time, there will definitely be a lot of opposition in the Netherlands.When it was time to go to war with Britain, a group of people would definitely think that it was a matter of Dashun and had nothing to do with the Netherlands: winning or losing made no difference to those who earn interest, but made a big difference to those who traded.

Kang Bushao is also aware of the fear of government supervision in the Netherlands, especially since Dashun is the supervisor.

The reason he gave for the necessity of supervision is also explained from the perspective of business and business.

"Whale Hou believes that no matter how you look at it, the Dutch business talent is not enough."

In a word, the members of the Dutch Regency Council, members of the Inter-Provincial Assembly, and former East India Company gentlemen who participated in the negotiations looked at each other in blank dismay.

The Dutch don't know how to do business?
The Dutch, known as the sea coachman, have no business talent?
This is not a joke, is it?
Kang Buxi ignored the faces of these people, and said with a smile: "Jing Hou said that the Dutch just grasped the tide of the times, and above the wind, an old sow could fly into the sky."

"The Dutch are stingy, they see small profits and forget big ones, they only see immediate benefits and ignore long-term benefits. This is all recognized. Sometimes, this is an advantage. Sometimes, this is a disadvantage."

"You can see this clearly from Batavia and Java. You can see this from the Dutch defeats and even the disarmament and abolishment of the navy during the Franco-Dutch war 70 years ago."

"In the simplest terms, the sugar problem in Batavia."

"Did the East India Company realize the rise of the West Indies sugar industry when it blindly expanded its sugar production capacity? Did it realize the serious tariff protectionism in European countries? Did it realize that there were a large number of cheap people with their motherland behind them? , the danger of being crushed in the sugar mills?"

"There is also the issue of trade with China back then. For such a big matter, did the directors of the East India Company send someone to study China's political system? Religious culture? Economic type? And chose the most stupid way of trying to start a war to demand trade."

"There is also the problem of opium. After the Chinese government issued a decree prohibiting opium, the British East India Company made it clear that it would not sell opium, but quietly sold it by a third party; the Portuguese used Turkish opium as the largest supply of opium Or they are also looking for local Catholics as a medium. Only the Dutch East India Company has blatantly sold opium in the name of the company.”

"There are also tea issues, spice issues, Batavia transit issues, bribery issues in the Hirayama Changchen incident, Persian warehouse management issues... All these issues can be seen clearly: the Dutch did not do business at all. His talent is nothing more than grasping the wave of the times in a special era."

"It's like the Mongols were briefly the most expansive empire. Now no one thinks they're the most warlike people."

"Therefore, it is very necessary for China-Dutch trade to be supervised by the Celestial Dynasty in the early stage. Because you don't understand what trade is at all."

It's a simple steal concept.

Many shortcomings are common problems of the commercial bourgeoisie, not the so-called "nationality" of the Netherlands.

However, it is also true to secretly change the concept.

Because the Netherlands is the first place where the commercial bourgeoisie prospered and took control of the country, their common problems manifest themselves like the national problems of the Netherlands.

Another part of the shortcomings is caused by the Netherlands' own geography, land, diplomacy, religion and other environments.But these, in themselves, can be regarded as national characteristics.Otherwise, if a nation removes the influence of region, environment, religion, history, and culture, the nation will have dry blood.

Kang Bulai relayed Liu Yu's evaluation, only saying that the Dutch have no business talent at all, and because of the Dutch national sentiment, it must be uncomfortable to listen to.

But the problems mentioned by Kang Bushao do exist.

If you want to talk about your success, Kang Buxio has already said that the Netherlands is just standing on the cusp of the times, sows can fly, and the place of success is sows flying.

No matter how you say it, it's all reasonable.

The Dutch are too lazy to refute on this.The main reason is that Dashun now has the great kindness of mediation, and because Dashun monopolizes the production area, the Netherlands has something to ask for from Dashun.

In terms of offense and defense, the Netherlands is too passive. If you don't refute such words, you don't need to refute them.

But the Dutch still expressed their attitude that this truth cannot convince the Dutch.

"Mr. Dashun's personal envoy, you know the Netherlands very well. Before the Marquis came to the Netherlands, he also said in Batavia that he knew that many people in the Netherlands opposed the East India Company's model. Especially the 17-member gentleman group model……"

Kang Bushao immediately retorted: "More people are against the East India Company's monopoly on trade. Only the rest of the board of directors are against the 17-member gentleman group. Please distinguish between the majority of people who are against the East India Company. what."

"It gets back to that problem: short-sighted businessmen. Short-sighted shareholders. All short-sighted for short-term returns."

"I think, you Dutch people should be very clear about this point, from the fact that Dutch bankers bought a large amount of British treasury bonds during the Anglo-Dutch War, and provided a large amount of loans to foreign woolen industries during the decline of the Dutch woolen industry?"

The words were true, but Anthony quickly found a loophole in this sentence.

"Sir, what you said is exactly what we are most worried about."

"Everything you said is measured by the interests of the entire country."

"But in terms of business and business, from a purely commercial point of view, the best choice for bankers at that time was to buy British government bonds."

"It's bad for Holland, of course, and bad for the Dutch cloth industry, but it's not bad for the bankers at all."

"A company, of course, must take the interests of shareholders as the criterion."

"Companies are profitable and profitable for shareholders."

"If the company does not think about profiting for shareholders first, but thinks about the country, nation, and people. Then, this company is not worth investing in at all."

"You can say, look at the decline of commerce, handicrafts, and transportation in the Netherlands. But I want to say that the banking industry has not declined. On the contrary, it collects 2500 million guilders from England every year in interest."

"Of course, I am personally opposed to this kind of behavior. But this is exactly what I must fight for for Dutch businessmen - a company that puts the interests of shareholders as the first priority. If this company is regulated by your country, Then you have to consider the interests of your country and lean towards things other than profit."

"I hate those who bought British treasury bonds during the Anglo-Dutch War, but it cannot be said that their choice was wrong for the purpose of profit. And a trading company, the meaning of its existence is to make profits and give back to shareholders."

"That's the basis of our discussions."

"We can accept a trading company in which both Chinese and Dutch shareholders are profitable."

"However, an armed trafficking fleet of the Dashun court cannot be accepted."

"Here, the interests of the Netherlands cannot be guaranteed. The interests of the Netherlands, of course, include the interests of investors."

Kang Buxiao said with a smile: "It is only a temporary supervision. It will take three to five years, and there will be no extension, and during this period, dividends for shareholders will be absolutely guaranteed. In fact, of course, I have investigated the investment market in the Netherlands, and I can confirm that, 8% annual interest is enough to raise enough capital.”

"As a representative of the Dutch side, you can of course fight for the interests of Dutch shareholders. But it's best to discuss the facts and not raise the flag."

"If you really want to raise the banner, according to your sages in the Netherlands, is the monopoly power harmful to the interests of the people? Does the extremely powerful Regency Council violate the foundation of the Netherlands?"

"Or, as a member of the Regency Council, are you qualified to say: I hate the purchase of British national debt during the Anglo-Dutch war, but I will defend to the death its right to buy the enemy's national debt?"

Arguing, Kang Bushao felt that he was about to fall into a pit, and immediately skillfully launched methods similar to personal attacks.Just like what Marquis Wu scolded Wang Situ, it would be hard to scold someone who had never received Hanlu, but he was a filial and honest official...

During the short-term astonishment of the other party, Kang Bulan said again: "Of course, this is based on the interests of shareholders. Shareholders' short-sightedness often leads to situations such as exhausting resources and not thinking about making progress."

"On the basis of guaranteeing a minimum annual interest rate of 8%, a supervisory committee composed of a group of top figures is just like the Regency Committee formed in the Netherlands."

"The Regency Committee guaranteed the peace talks with France, the peace talks with China, and the future trade and long-term neutrality with China."

"The supervisory committee guarantees the minimum annual interest rate of 8%, guarantees the future trade expansion, and guarantees the long-term development of the company."

"Excuse me, what's the difference?"

This is again talking about the Regency Council of the Netherlands, which is indeed a bit unjust and not very smooth. Anthony thought that there might be no difference, but... But the reasoning is not the same.

Kang Buxio said again: "Speaking of the short-sightedness of businessmen, I have to mention the problems before and after the Ostend tea incident."

"There is an old saying in China that in the old days Wang Xietang's swallows flew into the homes of ordinary people. If you change the meaning here, it probably means that what the Carolingian and Merovingian families were able to do back then, many people now I can do it too."

"Tea has been a drink for nobles in the beginning, and now ordinary people can drink it. You cannot deny that after the Ostend tea incident, VOC fought a price war in order to monopolize and lower prices, which caused the price of tea to plummet, thus making the habit of drinking tea flow into ordinary people. , expanding the tea market.”

"In the short term, it loses money. But in the long run, it makes money, and it makes a lot of money."

"But purely considering the interests of shareholders' dividends in the past year, VOC will never take the initiative to fight this price war, let alone lower prices. Because this will seriously damage the dividends of the year, right?"

"Now that the Sino-Dutch trading company is just starting up, there is a lot of waste waiting to be done. Nanyang has just experienced war, and many policies also need to consider long-term interests."

"Under such circumstances, a supervisory committee that can consider long-term interests is necessary and truly responsible for the long-term interests of shareholders."

"As for why this supervisory committee can accurately judge the situation and lead the growth of the company's interests?"

"From an empirical point of view, the person in charge of the supervisory committee began to plan to go to Nanyang more than ten years ago, and through the analysis of preparations, he triggered the slave labor uprising in the Batavia sugar factory and forced the VOC to agree to transfer the data to the South China Sea. The Wanhua people migrated to Ceylon, and finally completed the plan of the Chinese Empire to go to the Southeast Asia and reach India."

"This proves that this is a person who considers long-term interests, is thoughtful, has accurate judgment, and is able to grasp the opportunity."

"From the perspective of Dashun merchants, originally they had no initiative in trade with Europe, and they could not control the spice trade at all. But now, they have controlled the spice trade and opened up the initiative to trade with Europe. Compared with the past, these benefits After all, it’s more than 8% annual interest.”

"Since it is said that business is about business, even if it does not involve any political factors or national interests, but only considers the interests of businessmen, can it be said that it has brought long-term and huge benefits?"

"The merchants of Dashun and the merchants of the Netherlands are both merchants. He can bring huge benefits to the merchants of Dashun. After the cooperation between China and the Netherlands, of course it can also bring huge benefits to the merchants of the Netherlands."

"I think, this reason, this name, should be enough to convince Dutch businessmen to buy shares with confidence, right?"

"The Dutch have a heroic complex. Otherwise, William, who supported Orange a few years ago, would not have been in power. Facts have proved that William is not good; but reality has proved that the head of the supervisory committee is very good."

"If it is really for the interests of Dutch businessmen, then, I think, his name and an annual dividend of at least 8% are enough to convince all opponents."

"If France and the Netherlands are now in an alliance and go to war abroad, even if they have just experienced the hatred of the breach of the Maastricht Fortress, will the Dutch soldiers reject the French army's Herman Maurice Sax as their commander?"

(End of this chapter)