Chapter 320 Double Standards
Hechingen Bank is the core component, or the backbone, of the Hechingen Consortium. Its multiple large-scale enterprises are branches extending from this trunk, and the branches are surrounded by numerous branches and leaves, including the businesses of these enterprises. Partners, raw material suppliers, sales terminals, small companies and enterprises invested by Hechingen Bank, etc., and Hechingen Bank headquarters is the brain of the consortium.
It is definitely impossible for the main body of the consortium to move to East Africa. East Africa currently cannot support the development of such a world-class consortium. However, the bank headquarters can be relocated to East Africa first. As long as the communication is smooth, it can continue to direct the operation of the entire consortium. .
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Ernst: "This matter has been settled first, let's talk about the second thing next! Let's discuss the second thing, about the textile industry. Isn't this section in charge of Claisen?"
Clayson: "Yes, Your Highness."
Ernst: "Please tell everyone about the situation of the textile industry last year and this year."
Claesen: "No problem, Your Highness, the textile industry is developing well this year, especially since the war broke out last year and saw a huge surge in production capacity. We have received a large number of orders in both Germany and Austria-Hungary, especially the abundant cheap labor in the Far East and The high efficiency of the new factory allows us to share the pressure on European factories, and we are the first among our peers to free up machines and workers to ensure continued sufficient and stable supply of military orders.
The military has always been the best customer. Germany's North German region alone expanded its army by one million last year. Before this, the North German Federal Army's size was about 600,000. In the Italian-Austrian War, Austria also recruited from the rear in the middle and late stages of the war. Two hundred thousand troops, plus the South German countries at the time, the Franco-Prussian War and the Italian-Austrian War, these two wars almost contributed to a military market of one million, and a soldier only needs more than one set of clothes, plus Both wars almost spanned from summer to winter, so the supply of winter clothing was huge. However, in the later stages of the war, the production capacity of other competitor factories also increased, which diverted some orders from our affiliated companies and invested factories.
For military uniforms alone, we have made a lot of money by relying on low production costs, sufficient production capacity and first-mover advantage.
Everyone needs to note that in addition to military uniforms, we have also made huge profits from related products such as quilts, sheets, backpacks, and military boots. Of course, compared with the finance and investment that we are most good at, it is still far behind. "
The last sentence is basically nonsense. The Bank of Hechingen is best in the financial industry. In addition, it received nearly one-third of the dividends from the Franco-Prussian War and the Italian-Austrian War. The profits were astronomical and almost made Hechingen bankrupt. The size of the consortium has tripled compared to before the war.
Ernst concluded: "The textile industry is a hugely profitable industry. Currently, the textile industry of the consortium can be divided into two categories based on equity. The first category is our wholly-owned enterprises and factories, and the second category is the investment in the United States and Europe. Textile enterprises (mainly banks obtain profits through loans), I will not discuss the second category for now, let’s mainly talk about our own enterprises.
At present, the textile industry is mainly concentrated in Hechingen Daily Necessities Company, which is managed by Hechingen Daily Necessities Company. This is the same as the food processing industry at the beginning. The size of the textile industry has now reached the conditions for independence, so in order to facilitate management , I will definitely separate the textile industry from the Hechingen Daily Necessities Company and establish a new textile industry group as a subordinate enterprise directly led by the Hechingen Bank. What do you think? "
The idea is that there is no idea. Everyone unanimously supports the boss's decision. The textile industry should have become independent from the Hechingen Daily Necessities Company long ago.
From the time the Far East Textile Factory was built, the production capacity of the Hechingen Consortium's textile industry has reached a first-class level. Coupled with the Nairobi Textile Factory currently under preparation, the Hechingen Consortium has a considerable say in the world's textile industry.
It ranks fifth in the world after Britain, the United States, France and the four Far Eastern countries. The previous fifth place in the world was the Kingdom of Italy. However, the textile industry of the Kingdom of Italy was severely damaged by the war and lost the domestic market of industrially developed regions such as Venice and part of Lombardy, as well as Naples. .
The reason why it is compared with the country is that the Hechingen Consortium itself not only monopolizes the textile industry market of the East African Kingdom, but also occupies a certain market share in the textile industry of Germany, Austria-Hungary, Tsarist Russia, and the Far East.
As for the four Far Eastern countries of Britain, the United States, and France, they themselves are huge in size, have a large population, and also have huge supplies of raw materials.
The most typical example is the United States. After the huge scale of cotton plantations in the south was combined with the industry in the north, local production capacity increased rapidly.
The UK has nothing to say. It is enough to hold the trump card of India. France is also a veteran power, and Napoleon III was a good player in economic development, so the textile industry ranks among the top five in the world.
The Far East is huge, and its handicraft industry alone can reach the top level in the world. In addition, due to the Westernization Movement in its coastal areas, a large number of government-run factories have been built in recent years, and the efficiency has also improved. However, due to government-run reasons, The management is relatively rigid, and the upgrading of equipment is far inferior to that of the British, French and East African factories that invested in China during the same period.
At present, the largest and most advanced equipment in the Far East is the Jiaozhou Textile Factory, and the Jiaozhou Textile Factory is considered an East African industry. After all, all negotiations with local officials in Jiaozhou are handled by the East African Consulate in Jiaozhou.
In addition to the above countries, Belgium is relatively strong in the field of textile industry, as well as Japan, Austria-Hungary and Germany, which are developing rapidly. Tsarist Russia is also okay, but the textile industry of Austria-Hungary and Germany and the textile industry under the Hechingen Consortium have A lot of overlap.
All in all, the world as a whole was in extreme prosperity in 1871, and even Paraguay, a country almost destroyed by the war, recovered with the support of a steady stream of Italian immigrants.
The Kingdom of Italy and France are relatively miserable, but compared to the current state of desperation in the Kingdom of Italy, although the north of France suffered huge losses due to the defeat, the south, led by Marseille, is developing well.
Northern France will not be stable in the future. While Ernst is holding a meeting, the citizens of Paris, as the old district, are about to lead the world again. Today is March 21, with seven days left.
Of course Ernst knew the significance of this movement, but he didn't take it to heart. Just like the African natives who were suddenly pulled from primitive society into capitalist society, they could not handle capitalism. On the contrary, the slave kingdom society was more suitable. For the current African indigenous people, it is progress to first understand the slave kingdom. The feudal kingdom is too advanced for the African indigenous people. Suddenly being dragged into the capitalist society by the colonists will inevitably distort the scriptures and become Tribal capitalism with African characteristics.
East Africa does the same thing. It never transforms African tribes and kingdoms. If it is eliminated, it is eliminated. If it is not eliminated, it will go to West Africa and continue to maintain the status quo. It is naturally best if you are willing to cooperate with East Africa. As long as you pay for arms and industrial products, Sell, it doesn't matter if you are a tribe, a slave owner, a king, or just a village chief.
In a word, East Africa will not interfere in the internal affairs of the indigenous people. Those who should be slave owners will continue to be slave owners, those who should be chiefs will continue to be chiefs, and those who should be kings will continue to be kings. The premise is that they cannot be hostile to East Africa or conflict with East African interests.
Well, thinking about it this way, it is indeed a bit difficult for the indigenous people around East Africa. It all depends on the conscience of the East African Kingdom. But from the moment Ernst started the colonial business, he said that he did not have such a thing.