Chapter 1237: His Royal Highness the Prince and the "Old Goat" (IV.)
In the 19th century, the rivalry between American railroad companies was often manifested in a malicious and even violent way. Hire ruffians to beat up rivals' employees, sabotage rival-laid railroad tracks, and even install bombs to blast rivals' locomotives...... These war movie plots were not only real in the 19th-century American railroad industry, but also common. The railroad tycoon "Captain" Vanderbilt and the notorious speculator Jay Gould have both done such things, and Carnegie, known for his philanthropic image, has done such immoral things in his fortune. Vicious competition led to the railway project becoming a speculative prop, and finally the bubble burst, so that the railway construction suffered a heavy blow and almost collapsed.
Coincidentally, in the mid-19th century, the same frenzy of railroad speculation swept from the British archipelago to mainland Europe. In 1845, in England, a wave of rail speculation involving the whole population reached its peak, and there were always millions of pounds of pounds traded on the exchange. On July 16, 1845, 65 railway companies with a total capital of more than £1.3 million received official British permission to build a 600-mile railway line. The need to redesign and print huge quantities of stocks and bonds led to an extraordinary shortage of printers. In order to be able to meet such a huge demand, a printing factory went to Belgium to recruit 400 high-level printers, who slept at work at night.
By 1847, because of the large amount of money required for railroad speculation and the creation of new companies, the bank interest rate in England had even doubled to more than 7%!
However, it was in 1847, the year that the railroad speculation boom reached its peak, and the crisis arose. On the London Stock Exchange, railway stocks were in a very difficult situation, with stock prices falling sharply, many newly established companies had to declare bankruptcy before they could survive their first year, and in Hamburg alone, Germany, 128 railway companies were declared bankrupt due to the collapse of speculation due to the influence of the United Kingdom.
The 1874 book The History of the Commercial Crisis describes the economic crisis caused by the collapse of the railroad speculative bubble as follows:
"Even private individuals who had no direct connection to the [rail] deal were forced to stop paying, and there were very few cities in Britain that were free of suicides, and wealthy families moved into slums......
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Those who do not seek eternity are not enough to seek a moment; Those who do not seek the overall situation are not enough to seek a domain. Roland is not a "one-vote-and-run" speculator, but a leader of the country, and must carefully consider the implications for the big picture and for a long time to come. The history of railway development on the earth is a lesson from the past, and the bloody lesson is just around the corner, how can he accept Zinovi's plan of only seeking "one time" and "one domain"?
"Mr. Zinovi, your proposal does have merit, but I think it must be revised on two matters of principle."
After much deliberation, Roland finally spoke.
"Your Highness Roland is always visionary, and I look forward to hearing from you." Zinovi's expression was calm, and his emotions were well hidden. But which one of the present is not an "old fox" who has become a jingjing, it is not difficult to see the trace of anger in his eyes.
Zahar burst out laughing happily. This fat man had a lot of dealings with Roland, and at first he was deeply resentful that the central bank presided over by Roland was too strong and stole the limelight from the Ministry of Finance, and he was very dissatisfied with His Royal Highness the young prince. However, from the issuance of government bonds to the rectification of the domestic financial market, Roland convinced Zahar with practical actions, which made his mentality turn 180 degrees, and became the most loyal follower of His Royal Highness the Prince.
At this moment, he saw his original shadow from the face of the Minister of Industry, and the shock he had experienced was about to happen to the other party, and he couldn't help but gloat secretly: "Old goat, old goat, it's finally your turn to receive the education of His Royal Highness the Prince!" ”
"In principle, I agree with Mr. Zinovi's proposal to exchange land along the road and railway lines for funding, but the routes of the roads and railways must be planned by the government and cannot be modified once they are determined."
Roland's first suggestion was mild, and Zinovi thought about it for a moment and accepted it calmly.
"I fully agree with His Highness's amendment, so that it can avoid the disadvantages of private contractors changing routes in order to obtain more land, resulting in delays and wasted investment."
Roland smiled and continued with the second and more crucial amendment: "In addition, I am opposed to giving away the land on both sides of the road to the contractor free of charge. ”
When these words were spoken, there was an uproar in the conference hall. Zinovi could no longer maintain the demeanor of a minister, and his face immediately became gloomy.
"Your Highness's opposition to the donation of land is tantamount to fundamentally overturning my plan, is there any other way to attract private capital to participate in transportation construction?" The question of the "old goat" brought anger.
"The gift of land means that the ownership of large tracts of land with great commercial potential along the railway and highway lines has been transferred to the construction contractor forever, and if the government needs to expropriate these private lands for some reason in the future, it will become very troublesome, not only to pay for expensive land acquisition, to deal with complex demolition problems, but also to deal with legal difficulties......"
Comparing the Chinese and Tianzhu countries on the earth, we know that the governments of the two countries are also trying to acquire land to transform the old city (slum), and the Chinese government can complete it relatively smoothly, but it is impossible to do it in Tianzhu country. There are many reasons for this phenomenon, but the ownership of urban land property rights is undoubtedly the main factor.
Roland doesn't think his home on Earth is perfect, but he never makes a secret of his pride in having a "big government" with unlimited responsibilities in his hometown. Before the crossing, he was not interested in drinking any "democratic Ganges water", but after the crossing, he had the opportunity to build a country with his own hands, and he referred more to the experience and lessons of his hometown in his policy, but he did not want to make the Far East into the Tianzhu country of Vares, which was really a shame to his ancestors and ancestors.
Sensing that Zinovi's face was full of anger, Roland shook his head and chuckled, and said calmly: "I am against giving away land without compensation, and I have drawn up two alternatives according to Mr. Zinovi's plan, the general principle is 'rent only, not sell'. ”
"I know that you kid will never just sing high-pitched and empty cannons, and talk about your plan, and it is best to convince our Minister of Industry." Rudolph looked at his son with a smile, his eyes full of anticipation.
Zinovi took a deep breath, his face gradually returned to calm, looked at Roland, and made a gesture of listening to his ears, his ability to control his emotions was really spicy.