New Shun 1730

In terms of issuing new shares or bonds, the decision of the 17-member board of directors is actually in line with the collective interests of the shareholders who "get on board first".

Whoever got on board first was part of the original shares of 8 million taels of silver, and no one wanted to issue new shares.

So now the problem comes out.

Dashun went to Southeast Asia.

The original shares of 8 million taels, if redeemed directly, it is not really unaffordable.

But what about the 12 times bonds?

This is the real deadly thing.

This is the existence of holding a turtle by the hand.

The leverage is too large.

This is why Liu Yu said that even if the Dutch knew in advance that Dashun was going to Southeast Asia, they could do nothing about it.

If you have to issue bonds and don't increase new shares, how can you expand your army in Southeast Asia?

On the other hand, if you want to expand your army and prepare for war, Dashun is eyeing it covetously. Even if you issue new shares, is there anyone willing to buy?

Knowing that the money may be wasted, who will take over for the company?

With this money, wouldn't it be nice to buy French, British, and Russian government bonds?

If the East India Company had issued new shares from the beginning, increased capital, reduced dividends, damaged the interests of original shareholders, and considered the long-term interests of the company, it would not have resorted to so many short-sighted means in Southeast Asia.

But on the other hand, doing so obviously violates the profit-seeking nature of capital, and what is needed is not a board of directors responsible to all shareholders.

Instead, it is an absolutely centralized, unconditional, unlimited power and unlimited liability chairman, or the king of the East India Company.

This is contrary to financial rules.

And the financial rules that take the lead are the cornerstone of the Netherlands' previous world leadership and superpower status.

Therefore, the East India Company is completely powerless in the face of the Nanyang issue. This is a systemic reason.

These East India Company bonds issued to protect the interests of original investors are the reason for the financial turmoil in the entire Netherlands.

If it were just the equity assets of 8 million taels of silver, the Netherlands would at most be hurt.

But the 12-fold bond caused the entire Dutch financial market to collapse completely.

According to the historical process, at this point, the standard process is: the government will come forward to dissolve the East India Company, take over the East India Company's colonies and all assets, and assume all the bonds and debts of the East India Company.

However, how can the current Dutch government have this ability?

The people have already erupted in many dissatisfaction riots. At this time, the East India Company is announced to be nationalized, and all the Dutch people will pay for the debts of the East India Company and clean up their asses?

Not to mention the Netherlands, which is still a loose seven-province confederation, even the Dashun, which is the peak of feudal centralization, dare not accept the 12-fold bond on its head, and the Minister of the Hu government was so scared that he fell ill and resigned on the same day to go home for retirement.

Dashun can't pay back the debt of tens of millions of taels, even if it is paid off in a few years, it can't be paid back. Intuitively speaking, it is enough to abolish the canal and change the sea and the simple governance of the Huanghuai area; it is enough to fight the Junggar three or four times.

So the current situation in the Netherlands is very strange.

It is very similar to the situation that Liu Yu instigated in the Netherlands and William IV did not take the initiative at all.

On the one hand, the parliamentary faction has always hoped to drive out the Orange faction, let the Orange faction step down and get out completely.

On the other hand, at this time, the people were extremely dissatisfied and completely disappointed with the Orange family, but the parliamentary faction disappeared at this time and did not stand up at all.

Whoever stood up at this time would have to take on everything: drive out the French, repay the bonds of the East India Company, stabilize the domestic financial market, stabilize grain prices, crack down on speculators, and abolish the tax farming system.

If you don’t do it well, you’re done.

At this time when William IV was ready to run away and didn’t want to be a consul at all.

The parliamentary faction that had always wanted to overthrow the Orange faction before, now wished that William IV would be the consul until his death.

No one wanted to turn the tide at this time, and no one had the ability to turn the tide.

Of course, William IV was not stupid. The East India Company also applied to The Hague for bankruptcy, and the government took over the East India Company in full.

However, the Hague government did not accept this offer at all.

Under such circumstances, the envoys of Dashun, who had pushed the East India Company into a desperate situation and completely collapsed the Dutch financial market, became the guests of honor of the Dutch business class.

After all, it was a limited liability company. If it went bankrupt and liquidated, it would lose everything. We couldn't let the major shareholders and the board of directors pay the company's debts out of their own pockets, right?

Even if the company went bankrupt or the Netherlands was destroyed, life had to go on. Capital had to pursue profits and find investment directions.

The whole world is in turmoil now. It is still unclear who will win or lose among the major powers such as Britain and France. If you buy foreign government bonds at this time, what if they don't pay them back in the future?

Other investment directions are all very poor, and there is no particularly explosive profit growth point.

Buying the Netherlands' own government bonds, the Netherlands is in this situation, and it is about to be finished. Isn't it stupid to buy the government bonds of your own country?

However, Dashun, which suddenly broke into the European world in recent years, has given many Dutch financiers new hope.

In the eyes of European financial capital, Dashun was like a rising star, becoming brighter and more pleasing as it went to Southeast Asia.

Dashun was not addicted to spices, and the emperor probably didn't collect a lot of spices just to look at them in the house, but to sell them outside.

If the right to sell spices in Europe could be obtained, wouldn't this be a hugely beneficial investment direction?

Of course, the profit is certainly not comparable to that of the original East India Company, but it is certainly better than buying government bonds.

So the directors of the East India Company showed unprecedented enthusiasm and specially invited company employees who were proficient in Chinese culture to write invitations according to the way of dealing with Dashun officials, hoping that Qi Guogong, the head of the Dashun diplomatic mission, would Appreciation.

When the Duke of Qi arrived, these merchants saw Kang Busha following the Duke of Qi, and a lot of hope ignited in their hearts.

When Liu Yu went to Russia to stage a coup, Kang Buzao stayed in Amsterdam and had lots of dealings with these people.

According to the East India Company's judgment, Liu Yu was Dashun's foreign minister behind the scenes.

Since this person is Liu Yu's confidant, it can be seen that Dashun's envoy has great power this time and can definitely negotiate many meaningful results.

Duke Guo of Qi attended the banquet this time without any ceremony, because he was not invited by the Dutch official, but by the Dutch parliamentarians and business class, and he only came to the banquet in a private capacity.

One of Qi Guogong's missions was to encourage the parliamentary faction to drive away William IV, use the new government to reach reconciliation with France, and tear up the Anglo-Dutch mutual defense treaty.

These are the people we will work with in the future.

But now is not the time. We can't expose Dashun's bottom line too early, but let others seize the opportunity.

After some pleasantries, the Netherlands took the initiative to ask questions.

Ask Dashun what he thinks of the Sino-Dutch War?

How does Dashun prepare to resolve the Sino-Dutch War?

Is it possible for Dashun to participate in the war situation in Europe?

Will Dashun help France and even start a war with Britain in India?

After Dashun conquered Southeast Asia, what sales model was adopted for the spices in Southeast Asia?

According to Dashun's rules, it's actually quite impolite to ask such a straightforward question while eating.

However, Qi Guogong came today just to scare these Dutch businessmen, and he didn't take it seriously.

After the translator translated these questions one by one, Qi Guogong said with a smile: "I came here to take advantage of the situation."

Fortunately, the translator's cultural level was not low, so he carefully translated "Taking advantage of the situation" with allusions that the Dutch can understand. He only said: "Once upon a time, there was a fisherman who set up a net in the river to catch fish. He put the net across the river. , and then took a rope tied with stones and kept beating the river water to make the sediment rise and the river water become turbid. , the fish threw themselves into the trap in panic, and the fisherman caught a lot of fish using this method. But the people living nearby criticized the fisherman and said: We rely on this river for drinking water, and you made the water so muddy, where did you ask us to go? Looking for clear water to drink? The fisherman replied: "But if I don't muddy the water, I will starve to death."

"China is the fisherman who muddied the water. Now that the water in Europe has been muddied, China hopes to catch fish."

Although it is still far from the original intention of taking advantage of the situation, these Dutch people also understood it and said in their hearts that the Chinese are elegant, modest and reserved. Why are they so straightforward when it comes to interests?

This allusion from Aesop's fables is indeed quite appropriate to use here.

A few years ago, Dashun was tossing free trade and joint trade, which angered the Dutch people; now, as early as April, it had announced its conquest of Southeast Asia.

This indeed muddied the waters in the Netherlands, leaving the Dutch business class with no clear water to drink, but Dashun took the opportunity to catch fish.

Duke Guo of Qi waited for the translator to finish translating his words, and then said: "Since we want to take advantage of the situation, we might as well explain it more clearly."

"Now your company is heavily in debt and needs to pay compensation. But now, the Dutch government has not taken over the company, and the Chinese have taken Nanyang, and no one thinks that the East India Company is still valuable. You must not be able to pay back the money; your industry , if you want to sell it, ordinary people won’t buy it.”

"However, China is quite interested in some things."

"For example, your company's merchant ships. Now trade is stagnant, all countries are at war, and there are many privateers on the sea. This merchant ship may be valuable in the future, but it is definitely worthless now. China is ready to buy a batch of your merchant ships."

"In addition, the east of Ceylon, including some strongholds in India, are the spoils of war for the Chinese Empire, which can be bought without spending money. However, the Cape is quite far away. If the Chinese Empire sends troops, there will be some trouble. Someone suggested that you just take some money and buy the Cape of Good Hope.”

"You see, this is called taking advantage of the situation. Now the creditors are eager to collect debts, and the shareholders want the company's assets to be sold as soon as possible to pay for their shares. Although the creditors can also accept the assets to pay off the debts, places like Cape Colony , they may not be willing to buy it. As for the merchant ships, if they are to be sold now, with the way you are robbing ships all over the sea, no one will buy them. "

"It happens to be at a low price. China is rich now. These assets are no longer valuable to you, but they still have investment value for China, so they just happen to be bought together."

"Taking advantage of the situation can be regarded as a real help in times of need, helping your company raise money to pay off its debts. What do you think?"