I'm a big dick

Chapter 304 Bank development, the one who owes the debt is the uncle

The fact that Bi Ziyan was not summoned for an audience immediately was not because Zhu Youxiao was busy celebrating the holidays and having fun, but was busy working.At the same time, Bi Ziyan entered Beijing sooner than he expected, so he was simply allowed to rest for two more days.

Adjusting and stabilizing the defense and security of the capital, as well as the security of the palace, Zhu Youxiao not only recalled Dali Lu Xiangsheng, but also enriched some generals from martial arts and the capital camp to the Wucheng Bingma Division.

In addition to Liaozhen, Dongjiang, Dengzhen and Jinzhen, the teaching teams assigned by the Beijing camp also did not fall behind in the northern border towns and southwest.

Coupled with the reassigned martial arts students, the entire Ming Dynasty army is gradually changing its equipment, and its combat power is improving, but the degree is different.

Moreover, it was not Bi Ziyan who came to Beijing to report on his work, but also Dong Yingju, the Minister of Taipusi who was in charge of farming affairs from Tianjin to Shanhaiguan, and Zhang Tao from the Tangshan Coal and Steel Joint Plant.

Dong Yingju was promoted to the censor of Youdu because of his meritorious service in farming. He was still in charge of farming affairs, and he was added the title of servant of the household department and chief manager Lu Yanzheng.

This appointment did not attract many people's attention, but they did not know that this was the emperor's first step in reforming the salt administration.

Dong Yingju, who was instructed by the emperor, will select several new students as helpers to start rectifying Changlu Salt Farm, one of the three largest salt farms in the country.

Zhang Tao of the Tangshan Coal and Steel Joint Factory reported the good news to the emperor, which made the emperor very happy.

According to the general drawing drawn by Zhu Youxiao and the approximate process written, Zhang Tao led people through experiments, and finally separated coal tar through condensation while producing coke.

Although very rough and preliminary, this is the beginning of coal chemical industry.It is limited by the current scientific and technological capabilities, and it is difficult to finely fractionate, but it also meets Zhu Youxiao's standards.

Yes, this coal tar is quite viscous, and its composition is quite complicated.But no matter if it is diesel oil, kerosene, gasoline, or some other hydrocarbon or alkanes, it is enough to be able to burn.

Zhu Youxiao thinks that with the addition of high-alcoholic alcohol, the effect is not much worse than that of oil if the stuff is diluted a little.

Explosive incendiary bombs performed well in the Battle of Ningyuan. The splashing flames can not only burn down siege equipment, but also have a very good burning effect on people.

Breaking through the bottleneck of raw materials, not only explosive incendiary bombs, but even flamethrowers have become the enemy-killing weapons that Zhu Youxiao wants to build.

Moreover, as coke for iron and steelmaking must be produced, coal tar is just extra waste to be used, which is very cost-effective.

Zhang Tao happily left the palace with the emperor's praise, promotion and rewards.

After the success of practice, he has an idea for improving coke production, and he will put it into practice when he goes back.

As a technical official in the officialdom, Zhang Tao has gone through many hardships. He has never received such attention from the emperor. The promotion and rewards make him full of energy.

To make the horse run fast, it is necessary to feed more grass.

Zhu Youxiao has never been stingy with official ranks and rewards for officials who are really hardworking, which is why he adheres to this philosophy.

The emperor seemed to be in a good mood. It was Bi Ziyan's turn to have an audience, and Zhu Youxiao's joy had not passed yet!
Bi Ziyan was a little flattered by the offer of tea.

Speaking of which, in the first year of Taichang, he was called to Beijing from the position of Youbu Zhengshi on Yulin West Road. I've seen it once.

At that time, Zhu Youxiao was still Zhu Youxiao. After more than two years, Bi Ziyan found that the emperor had changed a lot.The appearance and body are secondary, the key is the emperor's temperament, which is already quite mature, or experienced.

It doesn't mean that a deadpan face and a serious expression make him look mature and prudent, but the information revealed in the conversation made Bi Ziyan come to the conclusion.

Don't look at the emperor's warm smile, as if he was very casual.But when you listen to the charter he uttered, even Bi Ziyan, who claims to have economic talents, is shocked and admired.

"...Imperial Bank is just a pilot project. With the development of various businesses and the accumulation of data, it needs to be studied and analyzed to provide a reference basis for the opening of more banks."

"As the central bank, the Imperial Bank's future work will mainly be to issue currency, implement financial supervision, intervene and regulate the country's economic development, formulate and implement the country's monetary and credit policy..."

What kind of financial supervision, what kind of intervention and regulation, what kind of monetary and credit policy, I don't understand it!

Bi Ziyan thought that he already had a detailed understanding and knowledge of the operation of the Imperial Bank in the secret rehearsal, but he couldn't help swallowing dryly when he heard the emperor's narration.

54-year-old Bi Ziyan, a rare economic talent in this era, is quite confident in his financial management ability, but he was a little enlightened by the young emperor.

accident?surprise?Zhu Youxiao didn't have this idea, nor did he deliberately show off, and what he said was something that many people in later generations would understand.

The key point is that there is a big difference between Zhu Youxiao and Bi Ziyan's thinking. This can be clearly seen in the history of Bi Ziyan's work as the Minister of the Ministry of Households and in charge of the country's finances.

Meticulous coordination and careful calculation are just these two main measures, and we know that Bi Ziyan has made great efforts to reduce expenditure.The 24 proposals for reducing expenses presented to Chongzhen further illustrate the problem.

On the other hand, Zhu Youxiao still regards increasing income as the focus of financial work. Of course, reducing expenditure is also essential, but he has a certain emphasis.More often, it is to send people to supervise and verify various expenditures as a means of fighting corruption and rectifying the administration of officials.

For example, the operation of the Imperial Bank, what Bi Ziyan thought of was just a small goal of Zhu Youxiao.The ultimate goal he wants to achieve is to turn paper into money and release the monster of finance and capital.

After finally waiting for the emperor to speak dryly and take a drink from the teacup, Bi Ziyan bowed and cupped his hands and said, "Long live, I feel that it is difficult for me to be the president of the Imperial Bank."

Ok?Zhu Youxiao was stunned for a moment, put down his teacup, and looked at Bi Ziyan.

Bi Ziyan looked ashamed, and said bravely: "I didn't expect the Imperial Bank to be so important, and the operation is so sophisticated..."

Zhu Youxiao blinked and understood.This is not a retreat, but a lack of confidence from being told by myself.

After pondering for a while, Zhu Youxiao smiled self-consciously, and in a moment of joy, he actually talked too much.

"Bi Qing doesn't have to be ashamed." Zhu Youxiao waved his hand and said, "These operations of banks are relatively mature in the West. I also learned them through reading books, and they won't all be applicable to my Ming Dynasty. Moreover, it's easy to change first. Difficult, the Imperial Bank will still focus on simple business in a few years.”

Zhu Youxiao was not talking nonsense. The financial industry in the West was indeed quite developed at that time.

Banks and bankers are often the pillars of the country. For example, the Dutch War of Independence was supported by the Dutch Bank Group.The establishment of the Netherlands after independence is also a commercial republic, a country where capitalists have the final say.

Going back to the early days, Caesar was in debt to fight the war. Through the Gaul War, he not only paid off his debts, but also made a fortune.

There are also the Crusades, the Plantagenet Dynasty, etc., and examples of borrowing money to fight wars abound.In the West, there are not only military figures, groups, and even national governments who are in debt.

Of course, some banks or bankers got rich because of the war, and some were dragged down by the war and disappeared in the long river of history.

If the financial industry in the Ming Dynasty was developed, Zhu Youxiao felt that Chongzhen could also borrow money to fight wars.

What are you afraid of if you owe a whole lot of debt? It is also very interesting to be able to extend Daming's life, and then hang yourself on the southeast branch and cheat a group of foolish creditors.

Bi Ziyan was a little slowed down at this point, and after hearing what the emperor said, it was mostly because he had thought about the management and operation of some plans.

Live to be old, learn to be old!It seems that Bi Ziyan has to learn and improve, he is only 54, not too old, let alone confused!
Zhu Youxiao kept it quiet and said that he only talked about the development of the Imperial Bank in the past two years, and he didn't dare to stimulate Lao Bi any more.

"...Abolishing the two coins and changing them to the yuan is the ultimate goal, but there is no need to worry too much. The two yuans must be stabilized for at least one year. After the silver coins are generally accepted by the people, an injunction will be issued..."

"...The exchange business should be carried out as soon as possible. First, set up branches in several major commercial ports. I estimate that each branch has 100 million funds, which should be almost enough."

"...For the loan business, start with a small amount, with an upper limit of [-], and repay within a year; you must have a suitable collateral. The bank is just established, and it can't afford big losses..."

"Commerce in the south of the Yangtze River is prosperous, and Bi Qing is based in Nanjing, gradually spreading out outlets and carrying out business; Bank of Beijing, I will take care of it first..."

Bi Ziyan listened attentively and asked respectfully from time to time.When he learned that the Maritime Chamber of Commerce and the Jiangnan Chamber of Commerce would deposit at least 200 million silver coins in the Nanjing branch for a period of one year, his confidence became even stronger.

This is the first of its kind in bank deposits, but there is no interest.Zhu Youxiao is also very "generous" not to charge storage fees. The two major chambers of commerce have found the best vaults, so there is no need to work hard to hide them.

It sounds a bit shameless, but that is the view of later generations.In that era, negative interest rates were completely feasible.

"When you arrive in Nanjing, look for Lu Jiude, he will dispatch soldiers for you, and you will dispatch them. Just call the bank security guard!"

Zhu Youxiao finally finished speaking, holding the cup in his hand, but he didn't drink it right away, but looked at Bi Ziyan.

"Wei Chen understands, and I will satisfy Long Live." Bi Ziyan bowed to accept the order.

Zhu Youxiao smiled and drank the tea in peace.

This year's fiscal revenue, the bank's income is not the bulk.After all, it has just been established, the outlets have not yet been rolled out, and the business must be gradually developed.But no one knows the potential of the bank better than Zhu Youxiao.

It is no exaggeration to say that in the future the bank will be richer than the household department.At that time, the country may really have to borrow money from banks to expand and plunder externally.

Zhu Youxiao does not have much resistance to debt management. It is called a fiscal deficit, which is also conducive to economic development.

Besides, don't you know the saying "the one who owes the debt is the uncle"?Those who can still fight when they owe debts are even more "the elders of the elders".

Whether I can fight, I have to ask my daughter-in-law; but I am spending money desperately to cultivate an army that can fight!
"Long live." Bi Ziyan cupped his hands and said, "I think Tianjin should also be opened as a port."

Zhu Youxiao nodded slightly. If it weren't for the fact that there are not many officials who are satisfied and reassured, he would hope that there will be more open coastal cities.

"This discussion is very good." Zhu Youxiao said in a deep voice: "But as a military town garrison, it is not allowed to open the port for the time being."

Bi Ziyan also made a suggestion, seeing that the emperor had already listened to it, he stopped talking.

Zhu Youxiao saw that the explanation was almost the same, so he ordered the palace servants to announce the appointment.The title of President of the Imperial Bank makes people wonder what rank it is, and according to the official rank at that time, Bi Ziyan had to be given the title of Minister to act as an agent of banking affairs.

Bi Ziyan received an order to thank him, and the emperor gave him clothes and Guiyu, and then he asked Bi Ziyan to resign.

……………… Divider……………

The loss caused by Ningyuan's great victory to Houjin was not only the tens of thousands of casualties, but also the change of people's hearts in Liaodong.

If it is only an occasional defeat, it can also be understood as the result of carelessness and pride in underestimating the enemy.

But since the defeat of Guangning, Houjin has suffered many setbacks, large and small, which cannot be explained by chance.

It is human nature to seek advantages and avoid disadvantages. Only fools will deliberately jump into the fire pit and stand on the loser's side with staring eyes.

Among the major forces in Liaodong, the Mongols responded most realistically.

Although no tribe, including Lin Dan Khan, dared to directly make an enemy of Houjin.

However, many Mongolian vassals who followed Houjin as an accomplice did not want to work for Houjin anymore.Moreover, for more than a year, they have not received any benefits.

Fighting with Hou Jin, apart from plundering to make a fortune, what other purpose do these Mongolian vassal soldiers have?Seeing that the momentum is wrong, they can't grab anything, and there are so many dead, who doesn't have a brain?
Even the Horqin tribe, who had surrendered to Houjin, felt distressed in the face of such a large number of casualties, and was thinking about the next Zhengming, what excuse could they find to send less troops to help in the battle!

The Liao people in the area ruled by the Later Jin Dynasty were even more popular, and most of them had the ambition to return to the Ming Dynasty.Of course, they did not want to be enslaved before, and those who fled back to Daming were banned and killed repeatedly.

"People's hearts are fluctuating, and it's hard to recover unless they win a battle." Huang Taiji returned to the mansion, and expressed his judgment to Luo Xiujin.

He just went to see Mangurtai, who was seriously injured and survived. He is not sure whether he will survive or not.He also saw his father, Nurhachi, who was somewhat disheartened, but he didn't dare to express his thoughts so bluntly.

In fact, Ningyuan's disastrous defeat also exceeded Huang Taiji's expectations.Relying on the intermittent information obtained from Shanxi merchants, how could he know the exact strength of the Ming army and Ningyuan's solid defense?

Luo Xiujin frowned, this conclusion was correct, and he also noticed a strange atmosphere.But how easy is it to win a big victory?
Ning Yuan definitely can't attack anymore, at least he can't go to death until his attack ability has been greatly improved.

Phi Island in the Dongjiang headquarters is quite difficult to fight without a navy.At most, the Ming army was driven to the island, but it couldn't hurt the root.

Lvda in southern Liaoning seems to be the only target that can be attacked on land. Although it has failed in the attack, it will not be more difficult to attack than Ningyuan, right?

"I'm afraid King Khan won't agree." Luo Xiujin smiled wryly, and said, "I was defeated just now, and I have to rest and recover, so it's difficult to start again?"

Huang Taiji lowered his eyes, stroked his chin and began to think.

(End of this chapter)