"How did you go?" Qin Feng asked afterwards.

"In half a year, this person made a lot of money. He introduced Chu silk to our Ming Dynasty in large quantities, suppressing the originally high price, making it something that ordinary families can afford." Wang Yueyao said: "And he also distributed the dividends to those who bought his share capital. Your Majesty is making money. If you bought his share capital of 100 taels, you would earn 100 taels in half a year."

"Although it was indeed successful, the risks taken were also great. If Geng Jingming's business failed, he would lose all his money." Qin Feng shook his head and said, "The reason why he can gather funds is related to his reputation and status. If someone else is gone, I'm afraid it will not be possible to gain trust so easily."

"Of course." Wang Yueyao nodded: "But this person is indeed a capable person. After earning his first pot of gold in his life, he struck while the iron was hot and used the same method to absorb funds again. In his words, it was called additional issuance. This time he was more courageous and directly issued one million taels of shares."

"Raising one million taels of silver?"

"No, it's two million taels!" Wang Yueyao shook her head and said.

"How do you calculate this account?" Qin Feng widened his eyes.

"Because now that I buy his shares, one tael of silver and one share can no longer be bought." Wang Yueyao smiled and said, "Your Majesty, think about it, you can make a good fortune in half a year. Such opportunities for making money are not always available. Geng Jingming himself priced two taels of silver and one share, but in fact, the highest stock sold was more than five taels of silver. We don't know how much Geng Jingming did, but it is obvious that he must have participated in this hot speculation operation. The final big root of the silver that fell into his hands is between three million and four million. People who bought his shares are all over the Ming Dynasty."

Qin Feng took a deep breath: "This is a bit inappropriate. What if this Geng Jingming escaped with the money?"

"The person who bought his shares was not worried about this, because his father was the governor of Izumo County." Wang Yueyao said, "Actually, by this time, our Commerce Department has set his sights on him."

"Is there anything wrong with it?"

"This man is indeed ambitious. He has received so much money and did not indulge in enjoyment by himself. Instead, he went to Chu State again. This time, he did not ask the Chu people to purchase goods, but directly intervened in the production of Chu State silk. He bought a lot of mulberry crafts, silk weaving workshops, embroidery workshops, etc., and joined the local merchants to participate in the Chu State silk weaving industry association, and officially became a part of them." Wang Yueyao sighed. "At this time, the original people who were in the Ming Dynasty who were in charge of Chu State silk could no longer compete with him and fell into his distributors."

"I'm more concerned about the people who bought his stock capital later making money? Especially those who spent a high price?" Qin Feng said with a smile.

"Of course I made money. Although I was not as crazy as the first batch of people, I still had 30% to 40% of the profits. I sat at home and waited for dividends, so these people were quite satisfied." Wang Yueyao smiled and said, "It was the first batch of people who bought his share capital and made a fortune. There was an interesting thing here. Geng Qiancheng had an official under him. In order to please the eldest son of the county magistrate, he borrowed 1,000 taels of silver to buy Geng Mingming's share capital. At the beginning, this was a big deal.

After all, our eldest son Geng only has 5,000 taels of capital. He originally wanted to use this to meet Mr. Geng as a springboard, but fortunately he could go further in the officialdom. As a result, he not only made more than 1,000 taels of silver in his hand, but also the earliest capital in his hand is now worth 5,000 taels. The minor official sold these capitals and then bought hundreds of acres of land in Izumo County. Now he has become a small landlord comfortably and lives a leisurely life!"

Qin Feng stared at Wang Yueyao, "Do you take a fancy to Geng Jingming's business method?"

"Your Majesty, this is true. In fact, not only did I like it, but Geng Jingming made a fortune through this, and now many people have begun to imitate it." Wang Yueyao said.

"Geng Jingming's success is very accidental. If someone else does it, I'm afraid it may not be successful." Qin Feng shook his head and said.

"What Your Majesty said is very true. In fact, many people have failed this year, especially those merchants who did not expect the war to break out on a large scale. Some of them lost all their money because of this. However, we do not have this concern, because the businesses under the Commerce Department have the Ming Dynasty as a strong backing. Your Majesty, with the Commerce Department endorsing them later, these businesses will inevitably raise more money for turnover. And as long as they are properly operated, these issued capitals can make another money."

Quan Yun hadn't understood it yet, but Su Kairong and Su Can and his son understood it and nodded repeatedly.

"Your Majesty, this Geng Jingming can make money by nothing, of course we can do it, and Geng Jingming has the possibility of failure. We have the national treasury support and the guarantee of His Majesty, and we can gain the trust of the people." Su Kairong thought for a while and said, "The battle in Shayang County has not been completed yet. Jin Shengnan was thinking about the task assigned to him by His Majesty and built a track from Fengxian to Shayang County. He shyly asked for the start-up capital, saying that this was what His Majesty agreed to. I rejected it on the spot. First, he really had no money, and second, Fengxian is still in the hands of the people of Qi now!"

"This road must be repaired." Qin Feng said: "I have drawn a large number of masters from the Ministry of Works to Taiping City. How to develop those rail cars can carry both manned and cargo? I heard that they have achieved great success."

"Since Your Majesty has made up his mind to repair it, why not use this method? The court only needs to invest a very small part of the funds and issue capital to absorb private capital. Since Your Majesty is optimistic, I believe that there will definitely be many people who will invest money in it." Su Kairong narrowed his eyes, "If this happens, it will not cost much money to the treasury and get things done, wouldn't it be wonderful?"

Qin Feng looked at Wang Yueyao: "Mr. Wang, is this suggestion of Su's Ministry of Revenue feasible?"

Wang Yueyao thought for a moment: "Your Majesty, your initial idea is to use this kind of rail car more for military purposes, right?"

"Yes, with such a track car, for example, this kind of road has been built from Fengxian to our Yuejing City. If there is another war in Fengxian County, I can put my army from Yuejing City to the front line in the shortest time and dispatch troops, which is much faster than Qi State."

"Since it can be used for military purposes, it can naturally be used for civilians in daily life." Wang Yueyao said: "Now we have many workshops in Taiping City. If we want to transport the produced goods to Yuejing City for sale, we must transport them here by carriage. Not to mention slowness, but the losses on the road are not small. If we really achieve this path, according to Your Majesty, we can transport the goods in a very short time. I think the cost will definitely be much lower than before, and the losses can be reduced, and we can make more money."

"Yes, if there is such a road, of course I would rather spend money on this rail transport than use the past method. This can greatly save costs, especially labor costs!" Quan Yun also expressed his support.

"It can not only be able to take goods, but also people." Wang Yueyao continued: "You have to collect money for transporting goods. Of course, you can also collect money. Moreover, this is a unique business, and no one can do it except the court, so making money is stable. So if we take this method to raise funds, merchants with vision will definitely follow up."

"In this way, we have to set up a new yamen to specialize in this matter." Qin Feng touched his chin and said. "Yue Yao, how about the matter be led by the Commerce Department?"

Wang Yueyao shook her head repeatedly: "Your Majesty, this is inappropriate. If this rail car is started, it involves all aspects. As far as I know, it is best to build this track as straight as possible. Try not to turn. Such a long path involves occupying the land and even demolishing the houses. When the road is completed, the operation needs great protection. At least the horse pulling the cart needs to be replaced every distance. The maintenance of the road is countless times more complicated than that of ordinary roads, and it involves military affairs. The Commerce Department cannot do such a thing. It is best for the court to set up a separate department, which involves our Commerce Department. We are willing to send someone to help."

"Look at the chief assistant, what Yue Yao said is also very reasonable." Qin Feng nodded.

"Your Majesty, what's the name of this new yamen?" Quan Yun asked: "This is an unprecedented new thing."

"This railway is made of iron, I think it's called a railway. The new yamen is called the Railway Bureau." Qin Feng thought for a while and said, "Don't the clever teacher be a minister in the Ministry of Works now? Let him turn to serve as the director of the Railway Bureau. He has prestige and skills. He comes to serve as the director of the department. If you have any questions, find the heads of each department and the government, everyone will give you some face, and it's easier to do things."

After hearing Qin Feng's words, Su Kairong turned bitter: "Master Qiaoshou came to me to ask for money, so I dare not drag it out."

Everyone laughed.

"Your Majesty, your skill is originally the Minister of Works. So the level of this Railway Bureau?" Quan Yun pondered.

"As the same as the level of the Commercial Bureau, half a square lower than the five major units." Qin Feng said. "Let the clever hands pull up the stall first and carry out preliminary preparations first. There is no time to start construction this year. I'm afraid some of the technologies have not been understood yet. In addition, the matter between us and Qi State has to be settled first."
Chapter completed!