Autumn of the 17th year of Chongzhen

Chapter 1331
Yu Yin's strategy is to take advantage of the Jin Kingdom's handicraft workshops and business names. These are the capitals that the Jin Kingdom has slowly accumulated and developed in ten years. Now they have been wiped out by the Ming Dynasty. The wealth of the Jin Kingdom can be said to be huge. elapsed.

If all these workshops and shops close down, then the society of the Kingdom of Jin will return to the traditional agricultural society, and the land in Guanzhong is not as good as that of the Ming Dynasty. It is difficult to operate, let alone go to war with the Ming Dynasty.

If these workshops and businesses are all closed down, it may take another ten years for Jin Guo to wait for them to develop again. Jin Guo doesn't have that much time at all.

However, the investment of 300 million taels is a huge sum of money for Jin Guo, and the treasury does not have that much silver.

In the main hall, everyone was discussing. Hauge took up Yu Yin's memorial with a gloomy face to watch. The silver in the treasury was used by the Jin Dynasty court to fight, so he had to be cautious.

Hauge carefully read every word on the memorial several times, and Yu Yin's train of thought was very clear.

First of all, the government of the Kingdom of Jin bought surplus cotton cloth, cotton, and dyes in the market at a relatively low price, and the government organized them to transport them to other places for sale, especially to Mongolia and the Western Regions in exchange for cattle and sheep to make up for the shortage of food. If they could not be sold, they built warehouses Reserve to reduce the quantity of cotton cloth in Guanzhong and increase the price of stable cotton cloth.

Then rectify the bankrupt bank, inject a certain amount of money, change it to government-business and government-owned, and gradually restore the reputation of the bank and the bank. Help them tide over the difficulties, gradually resume commercial operations in Guanzhong, and reduce employment and unemployment.

In addition, the Kingdom of Jin also needs to regulate the Gongfang to prevent blind production, provide some relief to the cotton-growing people, reduce cotton planting, and switch to grain.

Of course, even if the court of the Kingdom of Jin spends a lot of money to save the market, it is impossible for the business of the Kingdom of Jin to return to the pre-crisis level.

The cotton cloth and cotton collected by the court of the Kingdom of Jin cannot be consumed in a short period of time. They must be controlled and put into the Western Regions and Mongolia one by one, or open up new markets. After the market slowly digests, the business of the Kingdom of Jin will be Opportunities have come out of the trough, so Jin Guo's business will definitely be sluggish for a while.

The bleak picture of piling up inventories, unemployed workers, and shuttered stores will continue for a long time in the short term.

Then it is inevitable for the government to control food, control the market, purchase quotas, use labor as relief, build water conservancy, official roads, and fortifications, and let the Jin Dynasty court pay wages, restore private consumption capacity, and stimulate the market again.

Hauge doesn't know much about business, but Yu Yin's notes are well-founded. If the country implements it smoothly, the crisis in Guanzhong should be calmed down.

It's only 300 million taels of silver, which is indeed a bit more.

If it had been earlier, Jin Guo would have given out 300 million taels, and there would be no problem. However, in order to deal with the threat of the Ming Dynasty’s military expansion of 20, Jin Guo gritted his teeth and expanded his army by [-]. The treasury has no money left.

Hauge sighed, and handed the folder to the servant, "Take it down and show it to the Xiangguo!"

After the servant took it over, he handed it to Meng Qiaofang and others for circulation. Hauge was silent for a while, and when they saw it, he sighed and said, "I appreciate Yu Qing's strategy, but I just want 300 million yuan. Yu Qing is in charge of the household department. Because it should be known that the national inventory of silver is less than one million, and it is still the military resources to prepare for the attack of the Ming army, and the imperial court simply cannot come up with 300 million taels of silver."

His Highness Meng Qiaofang, Han Chaoxuan and the others quickly read through the papers, and they had to say that Yu Yin, who had governed the Hexi Corridor, was really good at dealing with crises because of his experience in passing through places. He was a capable minister and a prime minister. Talent, but although the strategy is good, it is difficult for a clever woman to cook without rice. It is impossible for the court of the Kingdom of Jin to conjure up 300 million taels of silver out of thin air.

After Han Chaoxuan finished reading, he heard Hauge's words, and immediately came out and said: "Your Majesty clearly found out that the imperial court really can't afford the money. The one million taels of silver is the military salary of the Ministry of War and must not be embezzled. The current situation, Tongguan and Hanzhong The front line is already very tense, and a big battle may break out at any time, I think that compared with the current situation in Guanzhong, the stability of the front line army is undoubtedly a hundred times more important!"

Yu Yin was single-handedly promoted by Han Chaoxuan, and the relationship can be said to be very close, but Yu Yin didn't communicate well with him this time, and passed the matter to Hauge, which made him, Meng Qiaofang and others very passive, and he still felt a little resentful .

But he stood up at this time, not entirely because he wanted to embarrass Yu Yin, but because the Ming army had indeed assembled in Tongguan, Shangyong and other places. Wu Sangui urged Zhezi who asked for food and salary to just arrive at the cabinet. Give up the general expenses.

After listening to his words, Hauge remained silent. Although he didn't like Han Chaoxuan, he agreed with his point of view. It doesn't matter if the people in Guanzhong suffer a little bit.

At this time, after Meng Qiaofang finished reading, she looked at Yu Yin, squinted her eyes and said, "Prime Minister Yu is in charge of the household department, so he doesn't know about the treasury's silver deposits, and since he knows, he wrote this memorial, is there something wrong?" The solution? If not, then it’s just playing tricks on His Majesty and the officials.”

The mood of Meng Qiaofang and the others was also entangled. From the interests of Jin Guo and their interests, they hoped that Yu Yin would have a solution, but at the same time, they disliked Yu Yin, a traitor who betrayed the official and gentry group.

"Don't dare!" Yu Yin pursed her lips, and after replying to Meng Qiaofang, she cupped her hands and said to Hauge, "Your Majesty, I do have a solution!"

After hearing Meng Qiaofang's words, Hauge had already looked at him, and said quickly, "Speak, Aiqing!"

Yu Yin straightened his back suddenly, looked left and right at several important ministers, and then picked up the ivory wat and said to each other: "Your Majesty, please refer to the Wude Bank of the Ming Dynasty, set up a large gold and silver bank, and issued large gold and silver dollars and silver notes. to get through this crisis."

"Five virtues? Big gold and silver?" The officials in the hall were in an uproar again.

Jin Guo was brought down by the Wude this time, and he is no stranger to the Wude, knowing that it is a golden rooster that lays eggs.

Hauge's eyes lit up. The silver dollars and banknotes of Wude were also used in large quantities by some merchants in the Kingdom of Jin when they traded with the Ming Dynasty.

Needless to say, silver dollars are at least [-]% silver, but a silver ticket is just a piece of paper, but the Wude Hao can be used as silver.

After the currency reform of the Ming Dynasty, the system of silver notes, copper notes, and gold notes was introduced. The Kingdom of Jin was not optimistic at the beginning. Many people thought that these banknotes would plummet like precious banknotes and eventually become waste paper. However, the fact is just the opposite. Not only did they not become waste paper, but they became popular, which greatly stimulated the economic prosperity of the Ming Dynasty.

There was a lot of discussion in the lobby, and Han Chaoxuan's eyes lit up, and he had been to the Ming Dynasty many times, and he knew a lot about the Ming Dynasty and the Wudehao. We know that there is another reason why the Five Virtuous Name was able to develop to its present scale, and everyone recognizes the Five Virtuous Name, and it did not develop out of thin air.

"Your Majesty!" Han Chaoxuan said, "The reason why Wude Bank's banknotes are accepted is because holding banknotes can be exchanged for the same amount of gold and silver at any branch of Wude Bank, which has a reputation. , and I have just experienced the bankruptcy of the bank, and I am afraid that no one will accept the issuance of bank notes at this time."

Hauge only knew a little about these things. He looked at Yu Yin, hoping that Yu Yin could give him a satisfactory answer.

"Your Majesty, what Han Xiangguo said is good!" When Yu Yin came up with the strategy of issuing bank notes, he naturally thought of many problems long ago.

Everyone's eyes turned to him, Yu Yin paused for a while, and then continued: "As Prime Minister Han said, if you want a bank note to be accepted by others, you must be able to exchange it at any time to establish credibility, otherwise the bank note will only be like the Ming Dynasty. It is reduced to waste paper like precious banknotes. In other words, as long as we can guarantee the exchange of banknotes, this matter can work.”

Hauge nodded, he could understand this, but then he immediately asked: "But the court has no money!"

Yu Yin continued to explain, "Your Majesty, once the credit of the bank note is confirmed, there is no need to worry too much about the exchange of the bank note. The key to this matter is that there must be enough cash in the bank account in the early stage to cope with the exchange by the people. I thought I didn’t need too much, only 150 million, at most 200 million taels would be enough.”

As he said that, Yu Yin glanced at Han Chaoxuan and others again, and then continued: "For this money, I think you can put the 100 million deposit silver from the household department into the bank first, print and issue 150 million silver notes, and then use it like Wude The same as the No. 100, raised 150 million taels of silver from various companies and big families, gave them shares, and issued 200 million taels of silver bills. With 100 million taels of silver pledged, I thought that the reputation of the bank would be established soon. The 100 million taels will be returned to the Ministry of War, and the other [-] million taels will be used for exchange, which will solve most of the current problems."

Hauge nodded frequently, and Meng Qiaofang's eyes lit up. This is a great thing. He immediately came out and said: "Your Majesty, I think the strategy of the household minister is feasible. I am willing to contribute and receive 30 taels. Hand it over to the household department to facilitate the establishment of the bank account as soon as possible!"

Han Chaoxuan immediately said in a hurry, "I am willing to take 10 taels for myself and deliver it to the household department within ten days."

Kong Wenkui glanced at the two of them and didn't understand for a while, but someone next to him came out and said that he wanted to raise 5 taels. Then he realized that he rushed out to salute, lest he would be left behind, "Your Majesty, I also want to raise [-] taels." I am willing to claim a share of [-] yuan and hand it over to the household department in three days!"

Hearing what they said, Hauge was slightly taken aback. Seeing that several bachelors from the cabinet came out one by one, they were all willing to spend money to set up a big gold and silver bank. Ten thousand taels.

Hauge couldn't help frowning. He didn't expect Meng Qiaofang, Han Chaoxuan and others to be so rich, even richer than the emperor. He didn't know whether to be happy or unhappy...

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(End of this chapter)