On the Establishment of System for Division Between Liang-Huai Salt Merchants During Jiajing Period of Ming Dynasty
The are academic debates about the reasons of differentiation for the frontier traders the residential merchants and the inland dealers between Liang-Huai salt merchants,and inexplicitness on the institutionalization process of Interdependent links in division between the merchants.Sorting out the relevant historical documents again,and exploreing the behavioral logic of historical person,it is clear that there were the differentiation caused by overissue of salt license and the deference on the power composition of capital in salt merchants during the early period of Ming Dynasty.Up to Hong Zhi and Zheng De,the differentiation was expedited by over salt production deals on a large scale and the residential merchants accumulated a huge amount of capital.The over salt production deals was based on the quota of excise tax according the rule of the early of Jiajing,the frontier barter became the precondition for buying over productions,but due to enlarging of tax of over productions and therewith Gong-ben Yan Gong-ben Yin and Yan Mao-Qing's extorting of silver,the market access for salt merchants had been raided continually,so the residential merchants had gotten a defensible niche in the over production trade,and the frontier traders retreated to the frontier trade.Up to the early of Long Qing,the residential merchants'monopoly position in the over production trade and the division between the three merchants were recognized by the law.
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