New Shun 1730
Chapter 848 Prestige (Part 1)
The annual return rate of 8% is not a big problem for the Netherlands, and it can even be said that it is completely acceptable.
The war in Europe is about to end. Anthony and others know that it will take only one or two years for the Netherlands, Britain, France, Austria and Spain to withdraw from the war.
Without war, national debts of various countries will not be easy to sell. Moreover, there is no good investment direction at this time. The annual interest rate of 8% is absolutely acceptable to the financial capital of the Netherlands. And it must be accepted with great joy.
However, the shareholding ratio and the government supervision that Dutch businessmen fear the most still need to be discussed.
Moreover, what rights does the Sino-Dutch joint trade company have?
In addition to trade and escort ships, can troops be stationed? Can troops be recruited? Can taxes be collected in Southeast Asia? Can taxes even be collected in India in the future?
In other words, what form is this company?
Is it the Anglo-Dutch model?
Or the Spanish model?
Or even neither, but a special Dashun model?
After the supervision period is over, to what extent will the Dashun court control this company?
These must be asked clearly, and they are also the most concerned issues of Dutch commercial capital.
In fact, the foundation of Dashun's cooperation with the Netherlands is to win over Dutch commercial capital and contribute to Dashun's trade in Europe.
Otherwise, Dashun can actually learn from the previous model of the East India Company: no share issuance, only borrowing. The loan can be borrowed at a low interest rate of about 5%.
There is a saying among the people that eating alone will lead to black shit.
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 is not good for Dashun to eat alone.
It seems to save more money, but in the end, the Dutch commercial capital opposes, they are dissatisfied with not getting benefits, and they do not contribute at all if they do not invest, which is not "their own industry". In the long run, it is not suitable at all.
By then, there will definitely be a lot of opposition in the Netherlands. When the war with Britain really came, there would definitely be a group of people who thought that this was Dashun's business and had nothing to do with the Netherlands: winning or losing made no difference to those who were earning interest, but it made a big difference to those who were trading.
Kang Budai also knew that the Dutch were afraid of government regulation, especially when the regulator was Dashun.
He gave the reason for the need for regulation, and explained it from the perspective of business.
"Jinghou believes that no matter how you look at it, the Dutch are not talented in business."
This sentence made the members of the Dutch Regency Committee, the members of the Provincial Parliament, and the former East India Company gentlemen who were present at the negotiations look at each other in bewilderment.
The Dutch can't do business?
The Dutch, who are called the coachmen of the sea, have no talent for business?
Are you kidding?
Kang Budai ignored the looks of surprise from these people and smiled: "Whale Marquis said that the Dutch just grasped the tide of the times. On the wind, an old sow can fly to the sky."
"It is recognized that the Dutch are stingy, forget about big interests when they see small profits, and can only see the immediate interests and ignore the long-term interests. Sometimes, this is an advantage. And sometimes, this is a disadvantage."
"This can be clearly seen from the Batavia and Java issues. This can be seen from the Netherlands's successive defeats and even the disarmament and navy during the Franco-Dutch War seventy years ago."
"To put it simply, the sugar problem in Batavia."
"When the East India Company blindly expanded its sugar production capacity, did it realize the rise of the sugar industry in the West Indies? Did it realize the serious tariff protectionism of European countries? Did it realize the danger of a large number of cheap people with their motherland behind them being squeezed in the sugar factory?"
"And the issue of trade with China back then. For such a big thing, did the directors of the East India Company send people to study China's political system? Religious culture? Economic type ? And chose the most stupid approach of trying to start a war to demand trade. "
"There is also the opium problem. After the Celestial Empire issued a decree to ban opium, the British East India Company made it clear that it would not sell opium, but would sell it quietly through a third party; the Portuguese used Turkish opium, as the largest opium supplier, and also looked for local Catholics as intermediaries. Only the Dutch East India Company blatantly sold opium in the name of the company. "
"There are also tea problems, spice problems, Batavia transit problems, bribery problems in the Pingshan Changchen incident, Persian warehouse management problems... All these problems can clearly see one thing: the Dutch have no talent for business at all, but they grasped the tide of the times in a special era. "
"Just like the Mongols once briefly became the largest empire. Now no one thinks they are the most warlike nation. "
"Therefore, it is necessary for the Celestial Empire to conduct early supervision of Sino-Dutch trade. Because you don’t understand what trade is. "
This is a simple substitution of concepts.
Many shortcomings are common problems of the commercial bourgeoisie, not the so-called "nationality" problems of the Netherlands.
However, it is not wrong to change the concept.
Because the Dutch commercial bourgeoisie was the first to prosper and control the country, and their common problems, when manifested, are like the nationality problems of the Netherlands.
Another part of the shortcomings is caused by the Netherlands' own geographical, territorial, diplomatic, religious and other environments. But these can be said to be national characteristics in themselves. Otherwise, if a nation eliminates the influence of region, environment, religion, history, and culture, the nation will only be left with a dry bloodline.
Kang Bulao quoted Liu Yu's comments and said only that the Dutch had no business talent at all. This was because of the Dutch national sentiment, which must have been uncomfortable to hear.
But the problems Kang Busao mentioned do indeed exist.
When it comes to where he is successful, Kang Busao has already said that the Netherlands is just standing on the cusp of the times. Even sows can fly. The place of success is that sows can fly.
No matter how you say it, it all makes sense.
The Dutch didn't bother to argue with this. The main reason is that Dashun now has a great favor as a mediator, and because Dashun monopolizes the production area, the Netherlands relies on Dashun for help.
In terms of offensive and defensive power, the Netherlands was too passive. There was no need to refute this kind of rhetoric if there was no need to refute it.
But the Dutch still expressed their attitude that this truth could not 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 were opposed to the East India Company's model. Especially the Seventeen Gentlemen Group model..."
Kang Buluo immediately retorted: "More people are opposed to the East India Company's monopoly on trade. Only the remaining members of the board of directors are opposed to the seventeen-member gentleman group. Please make it clear what the majority of people are against the East India Company. Against what."
"It goes back to that problem: businessman shortsightedness. Shareholder shortsightedness. Everything shortsighted for short-term returns."
"I think you Dutch people should be very clear about this from the fact that Dutch bankers purchased a large amount of British government bonds during the Anglo-Dutch War and provided a large amount of loans to foreign woolen industries when the Dutch woolen industry declined."
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 say is measured in the interests of the entire country."
"But from a business perspective, from a purely commercial perspective, the best choice for bankers at that time was to buy British government bonds."
"Of course, this is not good for the Netherlands and the Dutch woolen industry, but for bankers, this is not bad at all."
"A company must of course take the interests of shareholders as its criterion."
"The company is profitable and profitable for shareholders."
"If this company does not first think about making profits for shareholders, 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 25 million guilders in various interests from the United Kingdom every year."
"Of course, I am personally opposed to this kind of behavior. But this is 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 your country’s interests and look beyond profits.”
"I hate those who bought British treasury bonds during the Anglo-Dutch War, but I cannot say that their choice to make profits was wrong. And the meaning of a trading company's existence is to make profits and give back to shareholders."
"That's the basis of our discussion."
"We can accept a trading company where both Chinese and Dutch shareholders are profitable."
"But we cannot accept an armed trafficking fleet from the Dashun court."
"The interests of the Netherlands cannot be guaranteed here. And the interests of the Netherlands, of course, include the interests of investors."
Kang Bunuo smiled and said: "It is only a temporary supervision. It will last three to five years, and it will never be extended. During this period, dividends to shareholders will be absolutely guaranteed. In fact, of course I have inspected the investment market in the Netherlands and can confirm that, The annual interest rate of 8% is enough to raise enough capital.”
"As a representative of the Netherlands, of course you can fight for the interests of Dutch shareholders. But it is best to discuss the matter as it is and not to raise flags."
"If we really want to raise the banner, according to your Dutch sages, is 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 Regent 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 national debt of the enemy?"
During the argument, Kang Buyao felt that he was about to fall into a trap, and immediately launched a method similar to a personal attack skillfully. Just like what Marquis Wu said when he scolded Wang Situ, it would be hard to scold someone who had never received a salary from the Han Dynasty, but it happened to be someone who promoted filial piety and honesty into officialdom...
While the other party was momentarily stunned, Kang Busao added: "This is of course based on the interests of shareholders. The short-sightedness of shareholders often leads to situations such as fishing for all the benefits and not making progress."
"On the basis of guaranteeing a minimum annual interest of 8%, a regulatory committee composed of a group of top people is just like the regency committee currently formed in the Netherlands."
"The Regent Council guaranteed peace talks with France, peace talks with China, trade with China and long-term neutrality in the future."
"The Supervisory Committee has guaranteed a minimum annual interest rate of 8%, ensuring future trade expansion and ensuring the company's long-term development."
"Excuse me, what's the difference?"
This is again talking about the regency council in the Netherlands. It does have a certain name, which is not just and unreasonable. Anthony thought to himself that there may be no difference, but... but that's not the truth.
Kang Busao added: "Speaking of the short-sightedness of businessmen, we have to mention the issues before and after the Ostend tea incident."
"There is an old Chinese saying that in the old days, kings and queens flew into the homes of ordinary people. In terms of what you mean, it probably means that things that only the Carolingians and Merovingians could do in the past are now done by many people. You can do it too.”
"Tea has gone from being a drink of nobles to ordinary people now. You can't deny that after the Ostend tea incident, VOC started a price war to monopolize prices, which caused the price of tea to plummet, thus making the habit of drinking tea spread to ordinary people. , expanding the tea market.”
"In the short term, you lose money. But in the long term, you make money, and make a lot of money."
"But purely from the perspective of shareholders' interests in dividends for the year, VOC will never take the initiative to engage in this price war, let alone lower prices. Because this will seriously damage the dividends for the year, right?"
"Now the Sino-Dutch trading company is just a start-up, and everything is waiting to be revitalized. Nanyang has just experienced war, and many policies also need to consider long-term interests."
"In this case, a regulatory committee that can consider long-term interests is necessary and is truly responsible for the long-term interests of shareholders."
"As for why this regulatory committee can accurately judge the situation and lead the company's interest growth?"
"From an empirical point of view, the head of the regulatory committee began planning the trip to Nanyang more than ten years ago, and through the prepared analysis, he triggered an uprising of slave workers in the Batavia Sugar Factory and forced the VOC to agree to transfer the data The Wanhua people migrated to Ceylon and finally completed the plan of the Chinese Empire to sail directly to India."
"This proves that this is a person who considers long-term interests, is thoughtful, makes accurate judgments, and can seize opportunities."
"From the perspective of Dashun merchants, they originally had no initiative in trade with Europe and could not control the spice trade at all. But now, they control the spice trade and have the initiative in trade with Europe. Compared with before, these interests are In total, the annual interest rate is more than 8%.”
"Since it is said that in business, even if there are no political factors or national interests involved, and only the interests of businessmen are considered, can it be said that it has brought long-term and huge benefits?"
"Businessmen in Dashun and businessmen in the Netherlands are both businessmen. He can bring huge benefits to the businessmen in Dashun. After the cooperation between China and the Netherlands, of course, he can also bring huge benefits to the businessmen in the Netherlands."
"I think this reason and this name should be enough to convince Dutch businessmen to invest in it, right?"
"The Dutch have a heroic complex, otherwise they would not have been in power when William, who surrounded the Orangemen a few years ago. Reality has proved that William is not good; but reality has proved that the head of the regulatory committee is very good."
"If it is really for the interests of Dutch businessmen, then I think his name and an annual interest dividend of at least 8% will be enough to convince all opponents."
“If France were now allied with the Netherlands and engaged in foreign wars, even after having just experienced the hatred of Maastricht fortress, would the Dutch soldiers reject the French army’s Hermann Maurice Sachs as their commander-in-chief?”
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