Chapter 420: The rubber industry, how can we not have a futures and stock market?
"Um?"
It was really a bit surprising, because although Li Mengyang had guessed before that William Cameron might have gotten a share of the rubber business in Southeast Asia, Li Mengyang really didn't expect that Cameron would actually say that he brought him benefits. What's going on?
"Your Majesty!" William Cameron's eyes shone out at this time, and he was completely excited. He only heard him say: "The business I mentioned is actually very simple. That is, since your country has signed such an agreement with France and has actually controlled the rubber in Southeast Asia, why don't we make this market bigger?"
"Ah?" Li Mengyang was a little confused when he heard this, because he had just wanted to exempt this part of the tariffs before. With the current empire's demand for rubber and the huge automobile and bicycle industry that will develop in the future, the rubber industry, and this market will inevitably be very large, but now...
Could it be that this William Cameron wants to play fast?!
You really don’t want to say that William Cameron is just about accelerating!
"Your Majesty! I believe in the future, oh, I believe your Majesty must have seen it long ago. In the future, the whole world will have a huge demand for rubber, so this market will definitely be very large. How much profit can this business have is immeasurable. So, your Majesty, you are really too smart. I am simply admiring you..."
"Just 50 years of tariff exemption."
Faced with the awesomeness that others brag for him, Li Mengyang said that he had not done enough, so he added, but... 50 years is enough! Not short!
If Thierr sells the country, he will not be able to take the time longer, otherwise he will really be unable to explain it.
but……
"Your Majesty, you are really too modest..." Well, William Cameron is really better than the officials of the Empire.
"Tell me the key points! Tell me the key points!" Li Mengyang is now flattering... Anyway, he can't do too much. He doesn't have many people at his hands, and as long as he flatters does the main thing, that's fine.
Since His Majesty the Emperor said so, of course the point is here.
"Your Majesty! It's very simple. Of course we can't just look at this huge market that is about to appear. We need to stimulate him and use some other means, more modern means, such as the stock market, such as the futures market!" After Cameron said this, he looked at the Emperor, and he wanted to see something.
"..." Li Mengyang's expression was still as usual, but there were huge waves surging in his heart!
Yes! Why didn’t I think it!
Futures!
This thing has a great promoting effect on the development of a commodity market, and this thing is actually beneficial to buyers!
One advantage of futures is that it can avoid risks. Although Li Mengyang is not a finance student, he still knows a little about this kind of thing. Because if you buy it in advance, the future price fluctuations of the commodity will have a small risk. If it rises, it will be equivalent to making a profit. If it falls, it will be fine, because when you buy it, it is calculated based on your production cost at that time, so you won’t lose much.
This is all a matter of stupidity, but in fact, the reason why futures appear is really for those big buyers.
Not to mention anything else. There is a futures market in this corner of America, which is in Chicago, and the scale is quite large.
The reason why such a futures market was established is that we would not talk about the details of the initial establishment, but only some of the regulations, such as the delivery time of an order. You have obtained the order before, and then you should pay, and the goods are ready. At this time, the goods are mainly agricultural products such as corn. Then the price at this time is one cent lower than the current price per bushel!
Do you think this is beneficial to the buyer?
Moreover, don’t underestimate this one-cent cheap price. The reason why this futures exchange was established was because the American railway was built around the Great Lakes and the canal was opened. In some areas in the central United States, there were all large plains, so there was really too much land to be reclaimed. The transportation cost was greatly reduced, so the one-cent cheap price was not small, and the US dollar was still real money at that time.
Now, our American Empire should be the largest rubber buyer, and now the largest production site of rubber is Southeast Asia. We have already negotiated with the French guys over there, without tariffs. Even if Europe develops the automobile industry and the rubber processing industry in the future, our empire will still be the largest rubber buyer, and our cost is relatively cheap!
So, it is obvious that we should set up a futures market to control the price trend of rubber, and we should also set up a related stock market. Oh, we have this stock market, Wall Street...
That William Cameron in front of him seems to be the one who doesn't want to develop Wall Street?
"Your Majesty! You are really wise!" Seeing that the emperor had no unnecessary reaction at all, William Cameron was really impressed.
"Tell me what you think, maybe it may not be right for me." This guy Li Mengyang is actually... pretending to be x! Really!
Li Mengyang, a liberal arts student, sometimes ignores some things, such as these economic speculation and behaviors...Li Mengyang has used some of this, but after all, this is not his old profession. He can only do it through some historical knowledge he knows, such as material capital system, which is found in the history of the party.
"Okay!" William Cameron began to say, "First of all, I suggest that the futures market and stock market should be established in the Far East. Of course, there is no need to mention futures. Some materials in the Far East, not only rubber, but also other things, many. In addition, stocks are related companies. For example, transportation rubber requires shipping companies, and related packaging, loading and unloading, and there may be semi-finished products processing in the future. These things should be done, and the location of this market..."
"Shanghai!" Li Mengyang did not interrupt Cameron, but the guy Cameron stopped at the end.
"Your Majesty! You are truly the wisest monarch ever!"
Very good. This guy Cameron not only flattered Li Mengyang, but also praised himself!
"..." Li Mengyang didn't say anything, because he really seemed to see David's shadow in William, hey~
Why choose shanghai?
This answer is too simple. Even if you are not a time traveler, you will choose here.
That place is the intersection center of the East and the West in the Far East, and why can Cameron in front of him tell Li Mengyang about the establishment of the futures market and the stock market? Isn’t it because HSBC is in Shanghai, where it is its headquarters.
Obviously, Cameron and Li Mengyang have the goods on their hands, and the other can easily build a platform. All of this is simply... a sexy widow meets a fan...
Cough cough... Li Mengyang was almost choked by his own ideas.
"Your Majesty..." Cameron was worried. This guy's acting skills were really outstanding.
"Okay! Your idea is very good. In terms of this matter, related matters, and details, you go to the one from our empire... Oh, it's Mr. Rockefeller. You can find old Rockefeller or little Rockefeller. It's fine. You can talk about it slowly."
Come on, what else can I say about this? Li Mengyang made the decision!
"yes-tempt r-majesty!" William Cameron was always happy!
It should be said that William Cameron's trip was really worth it. The ticket he spent a lot of resources to get was really worth it, it was great!
However, this futures market also has a stock market, which is a modern financial market. This thing will bloom in a place like the Qing Dynasty, which is not much modern. So what kind of fruit will it bear?
Regarding this matter, Li Mengyang will naturally find the answer in the knowledge he has learned before, and this answer...
Alas, right!
When Chang Kaishen was the bald man, he was trading stocks at the beginning! He lost a lot of money in this stock. At that time, this guy was working with many people to trade stocks, including Yu Qiaqing, Chen Guofu, and Chen Lifu. After that, he lost his shorts. So Jiang Baotou called Huang Jinrong as his elder brother, and escaped the disaster...
But this matter seems to be related to what we are going to do now, this...oh!
When Li Mengyang thought about it, he remembered that the Qing Dynasty had also traded futures, and the ones were also traded with rubber!
Li Mengyang couldn't remember the specific details, but he still knew this little history, because just copying rubber was so evil that it caused a huge movement, which was the road protection movement!
Simply put, the speculation was too fierce back then. Not only futures, but stocks were also in the sky. As a result, a stock market crash came, the money was gone, and the people of Sichuan and Sichuan were cheated badly, so they started selling the country... The selling was no worse than that of Persia.
Now, Li Mengyang's empire is a big buyer. In other words, if this stock and futures market are established, then Li Mengyang will at least have a whip that can influence the Qing Dynasty!
This is very important, it is really very important, and...
Not too much to count. Li Mengyang thought that he had to do something, and he had to write a letter first, because someone lived on rubber... (To be continued.)
Chapter completed!