Chapter 885 - 109: Festival Review and Enormous Profits (Part 2)
Moreover, with the addition of taxes, this effect becomes even more pronounced.
Oliver continued, "And through taxation, we have harvested more than 85,500 Golden Crowns."
"Thus, just from this Radiant Competition Festival, our income reached as much as 100,000 Golden Crowns."
"But it doesn’t stop there. Our earnings from ransom and loans also bring in more than 16,000 Golden Crowns. Of course, the loans are essentially a financial figure, with no actual increase in gold coins and some risk, which needs to be offset through future remuneration."
"That’s quite substantial." Su Li beamed with a smile, "This means that the income from this Radiant Competition Festival, with a harvest of 110,000 Golden Crowns, is entirely comparable to a Green Dragon War. Back in the day, we paid a great price to obtain 100,000 Golden Crowns in ransom from Aeliria."
Oliver nodded, "From this perspective, indeed, our Radiant Competition Festival can be considered one of the most important events and festivals in the territory."
"Additionally, we have another source of income, which is operational revenue, including selling land and real estate, generating more than 29,500 Golden Crowns."
"If we account for future transactions of military equipment, weaponry, and armor, the radiance festival income is at least 170,000 Golden Crowns! It might even reach as high as 190,000 Golden Crowns."
Realizing this calculation, Su Li was immediately thrilled, thinking that with a minimum of 170,000 Golden Crowns, the territory’s financial crisis would be vastly alleviated.
Su Li generously waved his hand and said, "Everyone has worked hard during this period, rising early and retiring late, working tirelessly. From this income, take out 10,000 Golden Crowns as a reward for the success of this festival. Your Provincial Affairs Council should draft a proposal for incentives and rewards and send it to me. I’ll approve it so we can quickly distribute this money to every minister, official, and attendant who dedicated themselves to this festival!"
10,000 Golden Crowns?
The ministers present all cheered; this is an enormous fortune.
Bear in mind that when their Bishop’s Council applied for donations and grants for their Church, they were granted only a mere 1,000 or even a few hundred Golden Crowns each time.
But this generous gesture by Su Li is more than enough to ensure that all participants in this festival receive a few months to a year’s salary incentive.
At this moment, everyone was full of enthusiasm, eager to immediately host another Radiant Competition Festival.
Su Li also wanted to use this incentive to maintain everyone’s enthusiasm, ensuring that when the Radiant Competition Festival is hosted again next year, the ministers and attendants of the territory would be enthusiastic and full of vigor.
This Radiant Competition Festival is his key promotional project and a specialty of the territory that must succeed. It’s crucial that in the future, no matter how much time passes, whenever Hesse Territory is mentioned, people will think of this unique and fervent festival.
Once Oliver and Vandar finished their report, Su Li waved them off, allowing them to relax and rest after this grand celebration concluded.
Once they left, Su Li couldn’t contain his excitement any longer and wrapped Hilude’s soft body in his arms, laughing aloud: "Hahaha, we have struck it rich! My dear! The earnings of tens of thousands of Golden Crowns from a single venture match those we would garner from a blood-spilt battle and the ensuing war indemnity!"
Hilude smiled and said, "Indeed, it has greatly reduced our pressure. We also have savings now."
For Su Li and Hilude’s family, the current situation undoubtedly felt like finally paying off their loans and receiving a substantial year-end bonus, allowing the family to finally save some money.
Currently, the territory undeniably has some savings now. Although it compares nowhere near to the Empire’s peak years, where the capital amassed abundant wealth, beyond what could be calculated; nor does it match the Tai仓’s granaries overflowing with grain, becoming inedible with rot.
Nevertheless, this windfall is sufficient to ensure Su Li’s territory’s finances remain stable for the whole year. Even if Blue Mirror Lake were to block the borders, and tariffs were raised, leading to a collapse in Hesse Territory’s financial income, the territory would not cease to function immediately. This sum is enough for Hesse Territory to persist for over a dozen months.
The heavy burden weighing on Su Li’s mind could finally be set down, how could he not be excited.
"Tonight, let’s prepare a banquet to celebrate as a family. Once Oliver submits the incentive proposal, we will then host a grand celebration with the contributions of the ministers and attendants."
Hilude witnessed Su Li’s efforts during this time and knew he had restrained himself for this festival and triumph, so now that he has won, a celebration and release are in order.
So she said, "Then I’ll inform Freya and Hela to come over, and gather all the female courtiers to accompany you for a drink."
Speaking of these female courtiers, Su Li couldn’t help but think of Philis and Avril.
Being apart for so long, he did miss these two female courtiers and his daughter whom he has yet to meet.
Thus, after his excitement calmed down, he said, "I’m planning to allocate half of it, 100,000 Golden Crowns, to support Philis, what do you think?"
Hilude pondered for a moment and said, "My Lord, I support all your decisions. However, I suggest that your future support be more prudent. Sulande Province is just a leisurely move of yours, and it’s uncertain whether it will take effect. Your foundation remains in Hesse Territory."
Su Li immediately embraced Hilude, holding her slender waist, kissing her gallant cheek, and said, "You’re right, my dear. After supporting Philis this time, it’ll be my last time supporting her this year. With our strength in a Border Development Territory, we can’t continuously exhaust ourselves by bleeding for such a substantial Elector’s Territory. If Philis wants to secure her position as Grand Prince, the most important factor is herself."