mtlumby2d Chapter 530: Plan to Launch an Official Ticket Office
Chapter 530: Plan to Launch an Official Ticket Office
"You went too far last night! Don't do that again."
Early in the morning, the empress spoke to Shen Changgong seriously while getting dressed.
"You really don't recognize me after putting on pants. You were not like this last night, you scumbag."
Shen Changgong was also putting on his clothes while complaining with a look of grievance on his face.
Yan Fuyao was furious and grabbed Shen Changgong's ear and said,
"You're still feeling aggrieved. Did I let you stay up all night? You bastard, I woke you up so early in the morning, humph!"
Shen Changgong laughed awkwardly, hugged Yan Fuyao and kissed her, then said,
"You can do as much as you want, right? Let's go, let's eat. Today is the first day of the new year, and we have to award medals to the soldiers of several regiments."
"Humph, I'm not going to eat with you, go away."
"You're still throwing a tantrum. You're just like Xiao Qiao."
Hearing this, Yan Fuyao suddenly said,
"Oh, I forgot to prepare a red envelope for Xiao Qiao. Today is the first day of the Chinese New Year."
As he spoke, Yan Fuyao rummaged through his suitcase. After a moment, he found a red purse and muttered with a frown,
"Such a small purse, at most it can only fit ten taels of silver."
"Ten taels is enough, enough for her to buy a lot of delicious food. The Taoist priest over there said not to give her too much gold and silver, as it would pollute her innocent heart.
Just give her some pocket money to buy spirit stones."
"alright."
As the two of them walked out, Shen Changgong said,
“In fact, I have discovered this problem. Whether it is merchants traveling for business or ordinary people buying things, they always have to carry a lot of silver and copper coins when they go out. It is heavy and inconvenient.
Although there were banknotes among the people, they could exchange silver for silver notes to carry with them.
However, the scale of private banknote exchanges was small, and it was difficult to circulate them between countries, let alone between counties, because other counties did not have branches of these banknote exchanges, and it was difficult to exchange them for gold and silver.
I was wondering if our imperial court could also set up a bank, with the credibility of the royal family and the imperial court as a guarantee, and open branches in all counties and prefectures.
As long as the common people and merchants had the court's silver notes, they could exchange them for gold and silver anywhere.
Once everyone gets used to using silver notes, there will be no need to exchange them for gold or silver."
Yan Fuyao nodded and said,
"What you said makes sense, but there are two problems. One is that the court must have sufficient reserves of gold, silver and copper coins to ensure that all silver bills can be redeemed.
In addition, anti-counterfeiting measures must be taken to prevent private individuals from counterfeiting banknotes.
The anti-counterfeiting technology can be done by skilled craftsmen from all over the country. As for sufficient gold and silver reserves, it is more difficult. The gold and silver of the court alone is just a drop in the ocean compared to the entire people.
Unless we can persuade all the people to deposit their gold, silver, and copper coins into the bank, we can ensure that there is enough money to exchange, and prevent those with ulterior motives from depositing and withdrawing too much at once and shorting the bank."
“This is easy to do. We can not only do deposit and withdrawal business, but also loan business.
When people come to deposit money, we not only do not charge management fees, but also give them a certain amount of interest. Although the interest is small, it is a stable income for ordinary people, and they can save the spare money at home.
Merchants can also come to the bill exchange to borrow money to do business. As long as they have collateral, the interest rate will be lower, definitely lower than outside.
As long as we can maintain a balance between income and expenditure in the early stages, once the ticket number is safely rolled out, the loan interest we earn will definitely be higher than the deposit interest, and we can make a profit."
"Alright, what you said is very feasible. I will have Xinyi write a letter to the court later, asking the Minister of Internal Affairs and other ministers to come up with a feasible plan as soon as possible."
Shen Changgong continued,
“Another point is that our lending business can prevent many tragedies from happening in ordinary people’s homes.
Nowadays, most private lending is done from landlords or wealthy businessmen. These people are all evil-hearted. If they pay out nine out of thirteen, they are considered merciful. Some even compound interest, and the usury can never be repaid.
In the end, the people had no choice but to sell their land and houses, sell their children, and their families were broken up.
With the official banknote exchange of the imperial court, the loan interest is fixed and will not compound. At most, the interest will increase based on the time, and the people can also repay in installments.
After you get through the difficulties, you can pay it back slowly so that you won’t be forced to lose everything and sell your children.
Of course, this move is bound to arouse opposition from many local gentry and landlords, because we have greatly affected their interests and affected their plans to implement land annexation through loans.
But we must do this. Land annexation is a major problem for every dynasty and will eventually lead to the collapse of the dynasty.
It would be better for us to take advantage of the fact that we are now full of martial virtues, have many brave generals, and the empire we have just conquered is the most shocking to the people. Only by carrying out drastic reforms can we succeed.
Otherwise, once the descendants of these founding generals become the new elite and form a powerful interest group, it will be difficult to take action.”
The two sat down and started eating.
Yan Fuyao ate while thinking,
"What if local officials, in order to meet performance targets or curry favor with the court, force the people to borrow money?"
Shen Changgong immediately said,
"The Piaohao was an independent system, answering only to the imperial court. Local officials only had the power to protect the Piaohao and had no power to interfere in any of its affairs. The amount of loans had nothing to do with the local government, and it did not go into their finances. They had no responsibility or pressure, so why would they care about performance?
We should not set loan performance requirements, and just rely on voluntary participation to avoid collusion between the banknote managers and the government to force merchants and the people.
This kind of thing must be entirely voluntary, whether it is deposits or loans. We must not let the people feel disgusted or think that the court is trying to make money again.
At the same time, people from Jiutian Tower and Skynet are also asked to supervise.
Let's take it step by step. Don't be in a hurry. Start in big cities like Shengjing, Yanjing, and Linzi, and then expand it slowly.
Once we conquer the world, we can open banks all over the world."
Yan Fuyao nodded calmly, indicating that this was feasible.
After the two finished their meal, they gave the red envelope to Xiao Qiao and asked her to use it to buy delicious food in Xuzhou City.
Xiao Qiao was very happy and went out happily.
Then they went into the military camp.
Yan Fuyao is very experienced in conferring titles.
The first to go was the Pingnan Army stationed next to Xuzhou City.
Yan Fuyao handed medals to the generals and captains one by one and encouraged them.
Shen Changgong and King Nan also calculated the time and order for the empress to enter other military camps, and asked other armies to prepare and wait for the arrival of the empress.