Hu Xueyan's success stems from the combination of government and business.
Hu is Hu Zuozongtang's money bag.
Zuo Zongtang and Li Hongzhang were politically opposed to each other.
Left main battle, Lee main and.
Sheng Xuanhuai is Li Hongzhang's money bag.
Sheng Xuanhuai (4 November 1844 – 27 April 1916) was a native of Changzhou, Jiangsu Province.
At the time of the Sino-foreign Silk War, Sheng Xuanhuai was just 39 years old.
Turning the left first poured Hu, so Hu Xueyan was targeted.
The acquisition of raw silk, Hu pressed all his net worth of 20 million taels.
Li also bought raw silk and secretly colluded with foreigners to sell raw silk to foreigners at a low price, but was not allowed to buy it from HuZhong.
Hu eventually sold raw silk at a 40% discount.
Watching him rise to a tall building, watching the building collapse.
In the end, Hu left Hu Li's last words that he would not intermarry,
pass away.
In the era when the people were not happy, they only had status and wealth in their eyes.
Not to mention the people who hold the lifeblood of the country,
How could the Qing Dynasty not be defeated.
Hu Xueyan (1823-1885), real name Hu Guangyong, young name Shunguan, character Xueyan, was born in Huli Village, Jixi County, Huizhou, Anhui, and moved to Hangzhou, Zhejiang province from the age of 13.
In 1835, Hu Xueyan was 12 years old and his father died of illness.
In 1836, he went out alone and worked as a young man in the Hangzhou Miscellaneous Grains Store and the Jinhua Ham Merchant House, and as an apprentice in the Hangzhou "Xinhe Qianzhuang". From sweeping the floor, pouring urine pots and other miscellaneous tasks, after three years of completion, he became a formal partner of the money bank because of his diligence and steadfastness.
In 1842, the 19-year-old Hu Xueyan was accepted as an apprentice by the Treasurer of Hangzhou Fukang Qianzhuang, and before his death, he entrusted all the money to Hu Xueyan. The money house worth 5,000 taels of silver was its first pot of gold.
In 1848, at the age of 26, Hu Xueyan became acquainted with Wang Youling, the "alternate ambassador of Zhejiang Salt".
In 1861, he became acquainted with Zuo Zongtang.
In 1878, at the age of 55, Hu Xueyan founded "Hu Qingyu Hall".
In 1881, the 58-year-old Hu Xueyan was awarded the title of envoy (三品) for his contribution to assisting Zuo Zongtang in recovering Xinjiang, and was rewarded with a yellow coat and an official hat with two poinsettias, and the general office of the "Four Provinces Public Treasury".
In 1882, the 59-year-old Hu Xueyan opened a silk factory in Shanghai, consuming 20 million taels of silver and the price of raw silk falling day by day, trying to monopolize the silk cocoon trade, but causing a boycott by foreign investors.
In the summer of 1883, he was forced to sell cheaply, losing 10 million taels, and the money bank was run. In December, he was dismissed.
On February 3, 1884, Zuo Zongtang was ordered by the imperial court to seize Hu Xueyan's family property.
On September 5, 1885, Zuo Zongtang died of illness in Fuzhou. In November of the same year, the 63-year-old Hu Xueyan died depressed in the midst of poverty and hatred.