A brief summary of the fund-raising case for the Yunnan-Sichuan-Tenggyue bet365 casino bonus
December 11, 2020 08:22 Source: "Chinese bet365 casino bonus Journal" Issue 2067, December 11, 2020 Author: Cui Gang

The Yunnan-Shu-Tenggyue bet365 casino bonus is a bet365 casino bonus project discussed by Yunnan officials and citizens in the late Qing Dynasty。The overall plan consists of two sections,One route from Kunming to Xuzhou, Sichuan (now Yibin),i.e. Dian-Shu bet365 casino bonus;A journey from Kunming via Chuxiong、Dali to Tengyue (now Tengchong),is the domestic section of the Burma bet365 casino bonus planned by the British,i.e. Tengyue bet365 casino bonus。At that time,Britain and France used rights of way to carve up Yunnan、The plan to invade the Yangtze River Basin has even entered the implementation stage,The situation in Yunnan is extremely critical。1905,The then governor of Yunnan and Guizhou, Ding Zhenduo, petitioned the Qing government,Request to follow the example of Sichuan-Hankou bet365 casino bonus,Establishment of Yunnan-Shu bet365 casino bonus Company,The nature is a joint venture between government and business。Next year,Ding Zhenduo once again petitioned to incorporate Tengyue bet365 casino bonus into the project,Then it was renamed Dian Shu Tengyue bet365 casino bonus Company。

,The essence is an anti-imperialist and patriotic movement。And it is different from Sichuan and Han Dynasties at the same time、The Guangdong-Hankong bet365 casino bonus Project has two main points。First, the diplomatic environment is more complex;Second, there are many ways to raise funds。Diplomatic issues will be discussed in another article,This article only briefly reviews the fundraising issues of the Yunnan-Sichuan-Tenggyue bet365 casino bonus。

Ding Zhenduo said in the "Self-established Yunnan-Sichuan bet365 casino bonus Fixed Share Articles": "It is difficult to build a road,First in fundraising”。According to his estimate,The construction of the Yunnan-Sichuan bet365 casino bonus will cost roughly "tens of millions of taels",So,“Follow the Sichuan-Han regulations with slight modifications”,Formulated the "Articles of Association of Yunnan-Sichuan bet365 casino bonus Corporation" (hereinafter referred to as the "Articles")。Many clauses in the "Articles of Association" are copied from the "Articles of Association of Sichuan-Hankou bet365 casino bonus Corporation"。But the specific fundraising methods are quite different。There are four ways to raise money for the Sichuan-Hankou bet365 casino bonus,Subscription respectively、Rent extraction、Official version、Public interest。There are six ways to raise funds for the Yunnan-Sichuan-Tenggyue bet365 casino bonus,Subscription respectively、Salt donation、Food donation、Official version、Public interest、Lottery。Compared with Sichuan,Yunnan’s fundraising method can be called an “evil method”,The exploitation of the people becomes more severe。

The so-called "salt donation",Refers to "increasing the price of salt to buy shares","Implemented by the method of organizing tour groups in Yunnan Province based on the increased price of salt and gluten and having the officials pay it"。Originally, the salt donation was ten cents per rib,You can get five hundred thousand taels per year,At this time, add five more articles for each tendon,Estimated to be more than 200,000 taels per year。The so-called "food donation",Refers to "donating shares based on grain stalls"。The "Articles of Association" explains: "According to the "Articles of Association of Sichuan-Hankou bet365 casino bonus",There is a rent-extracting stock item,It is based on renting and pumping grain。Like a person who collects ten stones in rent,Three buckets of grain;The One with Hundred Stones,That’s three stones of grain,increasingly。As expected,Those who are less than ten stones,Free drawing。This must select an impartial gentleman,Draw by township。In Sichuan Province,There are many large households,This method is still feasible;In Dian Province,There are few large households,If you do this,Tired of being a nuisance,Not useful。It is better to complete the case according to Jigu,One liter per grain,Additional charge of two articles for bet365 casino bonus stock capital,Collection with grain,No leaks, no disturbance。”It is visible,These two items are real new taxes,Completely different in nature from commercial stocks。The so-called "lottery",Refers to "the lottery set up by our company,Take profits as shares”。This is based on Zhang Zhidong’s method of issuing “trial donation tickets” in Hubei,It was also a popular financing method across the country at that time。The "Articles of Association" estimate: "It is planned to sell 10,000 tickets per month,Each one is sold in Yunnan for one tael of silver。”Four thousand taels of which will be used to return the winning lottery ticket,One thousand taels are used to give feedback to lottery players from other provinces,Five thousand taels are lottery stocks。

What needs to be pointed out is,The interest calculation method for fundraising for the Yunnan-Sichuan-Tenggyue bet365 casino bonus is also different from that of the Sichuan-Hankou bet365 casino bonus。Provisions of the "Articles of Association of Sichuan-Hankou bet365 casino bonus Corporation",Interest is settled once a year,Starts payment from December of the 31st year of Guangxu Period (1905)。In the following years,Shareholders did receive interest。The Yunnan-Sichuan-Tenggyue bet365 casino bonus stipulates: "The four stocks of salt, grain, official, public benefit, etc. shall be calculated from the day the road is completed and started.",In other words,Sichuan rent with interest,Yunnan salt donation、Food donations are interest-free。And,Both of these two items are counted as “public shares of various states, departments, and counties”,Nominally used for local public welfare,Unknown in fact。1907,Some commentators pointedly pointed out: "Salt donation、Food donations come from the people,Recognized as a public donation,How to solve the problem of public interest stocks?”Provisions in the Articles of Association,Annual interest returns on subscribed shares。But,In "All the land that the bet365 casino bonus passes and should be purchased", "private land or local public land is calculated according to the price" is also counted as subscription at fifty-two shares,"After the road is completed,share dividends”。In other words,To the people’s houses and properties,It is both a forcible occupation and a preemption。

So,Dian Shu Tengyue bet365 casino bonus Company "The nature of the company is uncertain,Unclear company permissions,Unclear rights and obligations of shareholders,Poor approach to shares”,Frequent chaos,Scandals continue。For example,Xiliang, the governor of Yunnan and Guizhou who succeeded Ding Zhenduo,Although the subscription amount is 7,000 taels,He is about to leave office、On the grounds that it is inconvenient to collect interest every year,Dividends advanced for the next ten years,Only paid one thousand four hundred ninety-seven two six cents and five cents。1909,Baiyanjing promoted Yang Shangchu and absconded with the money,Among them, the salt donation that should be paid for the bet365 casino bonus stock amounted to 46,600 taels。As for the food donation,Small landowners pass on to farmers,The big landowners refused to pay attention。Zairu,Sanyin Public Office acquires a house,Used to build parks,Spend more than three thousand taels,Also paid by road money。

In short,How much money does the Yunnan-Sichuan-Tenggyue bet365 casino bonus raise?,It turned into an unsolved case。1905,The compromise budget of Ding Zhenduo’s memorial is several million taels,But according to the "Capital Table of the Yunnan-Sichuan-Tenggyue bet365 casino bonus" in the "Transportation Statistics Table of the Ministry of Posts and Communications" in 1907,The fundraising goal is changed to 40 million taels。The official data for that year is that 320,000 taels were raised (including a salt donation of 190,000 taels),But there is also information showing,The company’s actual stock should be less than one hundred thousand taels。Until the Republic of China,Yunnan Provincial Council conducted five inspections,Declared: "It is the flesh of 17 million compatriots who are sick and frowning, Wu Kun,Not enough to hide his innocence”,But when it comes to implementation,Or "What should be done at this time,There are still some roads to be built、Those who are particularly important to set up their own behavior”,Or "This is a big deal",Waiting to start planning”。In the end, I had to do it perfunctorily、Ended without any illness。According to estimates from Yunnan magazines in 1911,The total amount raised is about 8.3 million taels,The estimate of the Yunnan Provincial Council in 1912 was about five million taels。To 1923,The company claims to have raised approximately 3.65 million taels in total,This compares to local magazine estimates,The difference reached five million taels。The well-documented figures so far roughly include: General Cai E allocated 1.27 million taels for the construction of the Gebi bet365 casino bonus,The cost of surveying and hiring engineers is 190,000 taels,Seventy thousand taels allocated to Mengbo Road,Company personnel misappropriated 1.66 million taels from inside and outside,Suppressed Zhang Wenguang’s uprising in Tengchong with more than 70,000 taels,Tang Jiyao borrowed 610,000 taels。The total of the above items is 3.87 million,Less than four million。And 1923,The company’s actual money is deposited in Fudian Bank,Only 80,000 silver dollars。

Looking back to 1906,When the Yunnan-Sichuan-Tengyue bet365 casino bonus Company was established,Chen Rongchang, a celebrity from Yunnan, made an impassioned speech: “We won’t do it ourselves,Foreigners must take action,The disaster of national subjugation and annihilation,Imminent。The rise and fall of a country,Every man is responsible。”The crowd was furious for a while,Up to officials and gentry、Down to the traffickers and pawns,Students studying in Japan、Overseas Chinese in Nanyang,Competing to pledge。Just one year later,Chen Rongchang sadly resigned from the post of General Office,The company's power fell into the hands of officials and businessmen represented by Wu Kun,The Yunnan people’s determination to serve the country is not only in vain,It has become a means for corrupt people to make money。By the time the Republic of China was established,Existing available for loan、removable、Available funds,Then the company should still have money in its account,It may not be possible to start building the bet365 casino bonus first。But the final outcome tells us,Beiyang warlords and the late Qing government are in the same boat,The development of China’s railways in the Qing Dynasty and the early Republic of China was restricted by political corruption,This can also be seen。

(This article is a phased result of the National Social Science Fund Western Project "Research on the Yunnan-Burma bet365 casino bonus from the Perspective of the World Anti-Fascist Eastern Main Battlefield" (16XZS031)

(Author’s affiliation: School of Humanities, Southwest Jiaotong University)

Editor: Chang Chang
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