I just want to make money

Chapter 228 Royal Bank, Connecting the World

In a courtyard of Zhenbao Pavilion in the capital, more than 50 people gathered in class, and the lecturer was Lin Yi, the Grand Tutor of Chu State.

The more than 50 people in the audience are bank tellers in various cities carefully selected by Lin Yi. The older ones are in their fifties, and the younger ones are in their 30s.

These people are all eunuchs.

The talents and learning of many eunuchs are not inferior to scholars at all, and they understand who the master is, so they will only work more attentively.

And these guys, Lin Yi also used the 'this worship' skill on them all, and they couldn't bear the consequences of betraying themselves.

Lin Yi looked at these people and said: "You have been studying for more than two months, and I have told you everything that should be said. Today, I will finally summarize the operation of the Royal Bank. Tomorrow, you will rush to various places to take up positions. .”

Lin Yi started the last lesson.

The Royal Bank, founded by Lin Yi, draws heavily on the experience of money bank banks in the Ming and Qing Dynasties. Its business is mainly remittance, withdrawals in different places, issuance of bank notes, deposit taking, mortgage lending, etc.

The so-called remittance, withdrawing money from other places, and issuing bank notes are actually a series of actions. The commerce of the Song Dynasty is very developed. Merchants need to carry a large amount of gold and silver to carry out commercial activities, which is very inconvenient and very dangerous. When it comes to silver, bodyguards are often hired to escort, and the cost of hiring bodyguards is not low.

The Royal Bank can solve this problem very well. Businessmen or rich people hand over the money to the bank, take the exchange bank note, and go to another city to withdraw it with the bank note. The bank charges a certain fee, which is definitely lower than that of the bodyguard. And the security is greatly increased.

That's how Shanxi's bank accounts developed at the beginning.

Because the exchange is simple, safe and guaranteed, many people deposit bank notes directly in the later stage, which can reduce the handling fee every time. This is the reason why the bank notes in movies and TV shows are so popular.

As for taking deposits, it is to take in the idle money in the hands of wealthy businessmen and private wealthy households. The money will be given a small amount of interest, which is similar to the interest given by modern banks.

However, he believes that he will still absorb a lot of deposits. After all, if the excess money is left at home, it will only become moldy and rusty. Tiered interest.

As for lending, it is the bank's main profit model.

The main loan model of the Song Dynasty, the government-run lending institutions are called Jiaozihang and Huiziwu, and the private lenders are called Jiaozipu, Jiaoyinpu, Qianyinpu, etc. The highest annual interest rate can reach 100%, and the normal 5.00% is sixty, The minimum is 20%, and most people can't borrow this kind of money.

Lin Yi is going to ask the Royal Bank to reduce the loan interest to 20% per annum. Of course, there must be no less collateral, such as land deeds, land deeds, house deeds, gold and silverware, sales, goods, etc. for preservation of value.

Lin Yi's lending is mainly aimed at businessmen with relatively large scale of use of money. They use more money at a time, and the rate of return is higher.

Compared with modern banks, the business model of the bank is much simpler and rougher, there are only a few types, but for the current Song Dynasty, it is already a great improvement.

With Royal Bank,

It is estimated that there will be a lot less robbery on the road.

The birthday outline that Liang Zhongshu gave to Cai Jing does not need to be escorted by someone, it is more convenient to send the bank note directly.

As for the bank online store, there are currently only thirty or so most developed cities in Song Dynasty, which is the city where Zhenbao Pavilion is located.

When Lin Yi asked commercial banks to build Zhenbao Pavilions in various places, he thought of banks, so those bank banks were basically next to Zhenbao Pavilions, or they were simply integrated.

This is also more convenient to manage and prevent thieves.

Bianjing is the general number, and Luoyang, Lin'an, Yangzhou, Chengdu, Guangzhou, Fuzhou, Taiyuanfu, and Yingtianfu are the semicolons.

Naturally, the trading ports of Mingzhou, Quanzhou, Mizhou, Xiuzhou, Wenzhou, and Jiangyin are also indispensable.

The treaty ports of the Song Dynasty were very prosperous, and they were also an important support for the income of the Song Dynasty court. Commodities such as tea, porcelain, and silk were exported to Southeast Asia, Japan and other regions.

These treaty ports have more banking business than big cities.

Exchanges require the circulation of information, and Lin Yi uses two methods, one is land letters, and the other is sending letters by flying pigeons.

As for the most important bank note, it was what Lin Yi was most concerned about.

Lin Yi handles everything from paper to ink, seal, password number, exchange number, etc. for the bank note.

The paper is more durable and even has a certain waterproof effect. This kind of paper is not available in the market now. Lin Yi revealed the technology, and the Royal Commercial Bank Workshop produced it by itself, and it was only provided to the bank.

The ink in the Song Dynasty is not very developed. Lin Yi specially made several new inks. When printing silver tickets, red, blue and black are used for overprinting. The pattern has blue dragons and cranes, which is very complicated. The printing workshop outside There is no such printing technology at all.

In addition, there are special numbers on the face of the ticket. For the convenience of recording in English letters and Arabic numerals, it is difficult to know the meaning of these numbers unless you have returned from studying in multiple countries.

Not only that, but the banknotes all have stubs. When exchanging, you have to check the stubs. There are ciphertexts on them. Lin Yi's cryptography plays a role here. If the ciphertexts of the two banknotes cannot be checked, they will not be dealt with.

Anyway,

With Da Song's current level of technology, it is almost impossible to make qualified counterfeit bank notes, unless you encounter a traveler who is more powerful than yourself.

If Lin Yi continues to operate like this, it will definitely crowd out the business of the original official Jiaozi Bank and private money shops, but he doesn't care, he runs an imperial firm, the emperor's business, whoever dares to find trouble will kill it directly.

Moreover, Lin Yi originally planned to annex these Jiaozi Banks and money shops. Jiaozi Bank was opened by the Sansi Yamen and the Ministry of Accounts. Issuance rights and swap rights are brought over.

In the future, the Royal Commercial Bank will have the right to issue Jiaozi and bank notes at the same time.

As for the money shops that lend usury, under the squeeze of Lin Yi's low interest rates, their business will gradually shrink, and they will fend for themselves. All future business will naturally belong to the Royal Bank.

In addition,

Lin Yi also wanted to absorb the national treasury and the treasuries of various states and counties into the Royal Bank.

In ancient times, countries and prefectures and counties would have two kinds of warehouses, one is the silver warehouse, which mainly stores local fiscal and tax silver, and the other is the grain warehouse, called the official warehouse, in case of disasters and other contingencies.

In the Legend of the New White Snake, there is a passage in which Xiaoqing stole the money from the treasury of Qiantang County by the method of five ghosts, which triggered a series of stories.

According to the current situation of the Song Dynasty, the local government withholds part of the annual tax burden, and most of it is handed over to the national treasury. The national treasury can probably earn 1.2 million guan, and the local finance is about 5000 to [-] million guan.

It's not petty money.

It's a pity to put it in the warehouse to rust, and it would be better to use it for operation.

of course,

These are things for the future, and people need to accept that the Royal Bank is safer than putting them in the warehouse before they can be implemented. I am afraid that many people will panic if they are forced to do so now.

The last point is,
The bank can also help Lin Yi sell stocks.

Lin Yi has already figured out that when he finds those mines, he will make them into stocks and sell them. The interest rate is a little higher than that of the deposit bank. This will attract large sums of money, and the mines will be slowly mined.

The next day,

More than fifty shopkeepers, each with their business assistants and imperial guards, went to each government to take up their posts. They will have one month's time, and after one month, the Royal Bank will open for business at the same time.

The time has come in a blink of an eye to the winter solstice.

The day of the imperial court's ceremony to worship heaven has arrived.

The winter solstice sacrifice is one of the most solemn sacrifices of the imperial court. It is held in the imperial palace and holy temple. Today, all the civil servants, generals, and clan princes and princes of the capital will gather here. There are thousands of people.

the first three days,
Song Huizong began to fast, not close to women.

The day before,
Slaughter livestock to make the best.

Lin Yi is the official in charge of this ceremony, and this position was previously held by Cai Jing, which made many people think.

The time has come.

Wearing a dragon robe, Song Huizong stepped onto the stage, burned incense and prayed, made chimes, chime bells, and gong bells, played music, read the sacrificial words, and finally kowtowed to the ancestors, ancestors, and the God of the Emperor, kneeling three times and prostrating nine times.

It's easy to say,
In fact, the etiquette of the whole process is extremely grand and complicated.

The ceremony of offering sacrifices to heaven is over, but not disbanded. Song Huizong added another one this time, that is, in the holy temple, all members of the royal family, civil servants, generals, clan princes and children, and even eunuchs and maids swear an oath of allegiance to the emperor.

Lin Yi printed countless notes in advance and let the eunuch hand them out one by one, with oaths written on them.

Everyone looked at each other in blank dismay at first, but no one dared to disobey, heaven and earth kings and masters, these people present should be loyal to His Majesty, why, if you don't swear, do you still want to have two hearts?

"We hereby swear an oath to be loyal to Your Majesty, to strictly abide by the laws of the country, to fulfill our duties faithfully, and to repay your kindness with loyalty. If we violate our oath, we will be struck by lightning."

Regardless of whether you like it or not, all kneel down and swear, Lin Yi looks at all this with a smile, and swears allegiance to this link in the future, if he wants to make it normal, all officials must go through this.

The Heaven Sacrifice Hall is finally over.

And the next day,

A lot of news came out of Bianjing.

one night,

Today, more than a dozen ministers, princes and nobles, and even two generals died. This is a major event. Yin Zhang Shuye of Bianjing Mansion hurriedly sent someone to check, and finally concluded that they all died of heartache.

too weird.

Report to His Majesty immediately.

For this result,
Song Huizong was not so surprised.

These people vowed to be punished, which meant that they deserved to die. On the one hand, people arranged for their funeral, and on the other hand, they sent secret organizations to investigate whether these people had any other problems, and found evidence to deal with them together.

Da Song also has an intelligence agency.

For example, the Privy Council's staff office is in charge of map surveying, military aircraft files, military intelligence collection, and overseas spying activities.

There is another one called Huangcheng Division, whose functions are similar to the Jinyiwei of later generations. It is not under the management of the Sanya, but directly obeys the emperor's orders. It has a series of functions such as investigation, arrest, and prison. Common people, but compared to Jin Yiwei, the Imperial City Division is much more low-key. Many people and officials are not very aware of the existence of the Imperial City Division.

In fact, there is another secret force in the palace, which is the eunuch's "internal mission". The only duty of this intelligence organization is to collect intelligence, but the sources of intelligence mainly come from eunuchs and supervising troops from all over the world.

outside world.

Gradually some rumors emerged.

It is said that His Majesty has acquired the Immortal Law, and anyone who is not loyal to His Majesty will be punished by the gods. Although the rumors were suppressed afterwards, the seeds were planted in people's hearts.

The awe is even heavier.

One month is coming soon, the Royal Bank opened, and the Bianjing Headquarters is located on Xicheng Street, a three-story building. Of course, this is just a store for the outside world, and the real bank is in the underground treasure house of Zhenbao Pavilion.

The day the bank opened.

Another lion dance to celebrate.

Lin Yi invited officials and wealthy businessmen again and again. This time, everyone sent out a brochure, which explained the role of the Royal Bank.

The first sentence is,

"Royal Bank, connecting the world!"

The Royal Bank aims to facilitate merchants all over the world and solve the distress of merchants in transporting large amounts of money. Then the various functions of the bank will be described below.

Remittance, withdrawals in other places, issuance of bank notes, acceptance of deposits, mortgage lending.

Many big businessmen are quick-witted, and immediately feel how convenient the bank will bring them.

It costs less money than the Escort Bureau, is more stable than the Escort Bureau, has less accident probability, and is faster than the Escort Bureau, and people soon discovered an advantage, that is, they can withdraw the money without rushing once, and can use the silver bills continuously, so that Also save on handling fees.

They thought they were smart and found a place to take advantage of it, but they didn't know that Lin Yi wanted them to do this more, and it was definitely him who took advantage of it by exchanging silver notes for real gold and silver.

As for deposits or mortgages, they are also very attractive to big businessmen. When businessmen do business, they will inevitably encounter opportunities to make a fortune, but they don’t have enough money. In the past, their method was to borrow from friends or even usury loans. .

Now that there is the Royal Bank, the interest rate is much lower than that of usury, and it is even lower than the interest of borrowing from friends in the past, so they are naturally willing to borrow from the Royal Bank.

What's more, it saves the trouble of transporting money, and you can even ask the bank to help you pay off the debt.

It's all saved.

In short, they are here at the Royal Bank and see many convenient places.

As for bank note handling fees and loan interest, you have to pay elsewhere, and the bank is still low, so naturally choose the Royal Bank.

Immediately,

Someone handles the bank note business.

The bank notes start at 100 guan, and gradually increase, and the largest one is [-] guan, which is more convenient than Jiaozi.

From this day on,
The royal banking business gradually developed.

time flies,
On the day of the new year, people celebrate the new year lively, watching lanterns on the fifteenth day of the first month of the new year, fish and dragon dances, and half a month, the dragon rises on the second day of February.

Because of several policies announced by Song Huizong last year,

A lot less exploitation,

The life of the people in the Song Dynasty is much better, and all places are also very stable.

There was a heavy snowfall in Bianjing yesterday, and the sky and the earth became a vast expanse of whiteness. Lin Yi felt that this should be the last heavy snowfall of this year. It didn't feel cold at all, and the air felt moist and comfortable when the sun came out.

When they came to the palace hall, the officials saw Lin Yi and bowed their hands one after another.

Lin Yi said hello and walked forward,

Now his position is only under Cai Jing. He is the deputy prime minister and stands side by side with Cai Jing in the front row.

"Meet Prime Minister Cai."

Lin Yi bowed his hands to greet Cai Jing.

Cai Jing quickly returned the salute, "Mr. Lin."

Before the emperor came, everyone was chatting in twos and threes. Cai Jing looked at Lin Yi and said, "Mr. Lin, someone came to me to report the matter of the Royal Bank."

"Oh, what's the matter?" Lin Yi asked.

"Since the opening of the Royal Bank, the business of the government-run Jiaozi shop has been greatly reduced, and after the Royal Bank received the Jiaozi, it took the Jiaozi ticket to the bank to exchange for silver or copper coins. Now the bank is unable to make ends meet. Three The Department of Accounting is very anxious." Cai Jing said.

"Well, this is a problem." Lin Yi said.

then,

There is no more text.

Cai Jing looked at Lin Yi, "How does Prime Minister Lin plan to solve it?"

Lin Yi looked at Cai Jing in surprise, "The Third Division and the Ministry of Household Affairs are not under my control. This is the scope of Cai Xiang's responsibility, and I can't comment on it casually."

Lin Yi is now in charge of the Ministry of Rites and the Ministry of Industry. The Ministry of Officials, the Ministry of Households, and the Ministry of Punishment are still under the responsibility of Prime Minister Cai Jing. As for the three departments, they are directly responsible to the emperor.

at this time,

The eunuch called out to His Majesty.

Everyone hurriedly stood up, greeted His Majesty, and began to deal with government affairs. The third secretary was the first to stand up.

The problem is that the Royal Bank has taken up Jiaozi’s space because of the exchange and issuance of bank notes, and the Royal Bank also takes a large number of Jiaozi to Jiaozi Bank to exchange cash. Now Jiaozi Bank has no cash to exchange up.

It's a big deal,
Many ministers discussed it one after another.

If there is no money in the treasury, once the people lose confidence in Jiaozi, Jiaozi's status will plummet. This kind of thing has happened before. The so-called banknotes are nothing more than national credit. If there is no credit, the banknotes are equivalent to straw paper.

Song Huizong looked at Cai Jing.

"Cai Xiang, you are in charge of the three provinces of Shangshu, Menxia, ​​and Zhongshu. How do you think you should deal with this matter?"

Cai Jing is also very embarrassed.

According to the past experience, it is to shut down the Royal Bank, then grab the money back and add it to the treasury, so that no other similar banks will appear from now on.

But this is the Royal Bank, the property of the emperor. If he dared to say these few words, Song Huizong would simply let him go.

There are other ways,
He really couldn't figure it out.

However, he was also cunning and cunning. He kicked the ball to Lin Yi, cupped his hands and said, "Your Majesty, I think you should ask Prime Minister Lin for his opinion on this matter. He is in charge of the Royal Bank and knows this matter best."

Song Huizong looked at Lin Yi.

"Lin Qing, what do you think of this matter?"

Lin Yi came out,
bow,

He said loudly: "Return to Your Majesty, I would like to report to His Majesty the results of the Royal Bank's three-month opening."

Song Huizong nodded with a smile.

"Lin Qing, tell me."

"The Royal Bank has handled 650 million bank notes in the past three months, absorbed 300 million bank notes, and borrowed 1000 million coins. Now the Royal Bank's total deposits exceed 5000 million coins."

The ministers in the palace were shocked when they heard this.

It's only been open for three months.
There are 6000 to [-] million guan, and this money-absorbing ability is really strong.

In fact, most of the money was deposited in the Royal Commercial Bank and Zhenbao Pavilion, and most of the bank notes were handled by wealthy businessmen from all over the world. Now that they knew the convenience of the Royal Bank, many businessmen exchanged bank notes for business, and gave up silver or even handed over money.

Song Huizong was very happy.

"Okay, okay, Lin Qing did a good job, by the way, what do you think should be done about Jiaozi?"

Lin Yi said lightly: "It's complicated to say it's complicated, but it's also simple to say it is simple."

"If it is purely about business operations, there is no solution to this matter. After all, the bank has no money. Once Jiaozi loses credibility and a run-off breaks out, it is likely to cause social unrest. This matter needs to be taken very seriously."

"But to put it simply and simply, the minister's opinion is to merge Jiaozi Bank into the Royal Bank. Jiaozi Bank has a single function, and only has the function of issuing Jiaozi and exchanging. When encountering Royal Bank, there will be risks immediately. It shows that Jiaozihang is outdated and must be reformed.”

"There are several advantages of handing over Jiaozi Bank to the Royal Bank, that is, the Royal Bank guarantees the exchange of Jiaozi, and there is no need for the state to guarantee it, which saves a lot of trouble?"

Some officials asked, "How does the country use the money?"

Lin Yi replied: "The purpose of Jiaozi's issuance at the beginning was not to plunder people's wealth, let alone to exhaust the river, but to facilitate the people."

The official who asked the question shut up immediately.

"As for the country's use of money, the tax burden is usually sufficient. In case of emergency, the imperial court can borrow from the Royal Bank. After all, the Royal Bank is a national property, and the interest can be reduced to a minimum."

Immediately, Lin Yi began to popularize financial knowledge to the officials present. Lin Yi could fool these officials with some later theories, and many officials couldn't help but nod their heads.

Finally Song Huizong announced.

From today,

Lin Yi added that he was in charge of the third department and the household department. At the same time, all the Jiaozi Banks were merged into the Royal Bank. From now on, all financial affairs of the country will be handed over to the Royal Bank.

Lin Yi's rights increased again.

Count down by 5.

(End of this chapter)