Back to Ming Dynasty as Zhu Biao

Chapter 264 The Fatal Point and Improvement of Baochao

This morning, Li Shanchang noticed that His Royal Highness did not come, and His Majesty went to court as usual, but forcibly suppressed something.

What the hell happened?Hu Weiyong wanted to go to the inner court to inquire, but he stopped him: "It's best to wait and see what happens, and stay neutral to save your life."

Hu Weiyong nodded, and then went to chat with the trickster of the National Academy of Scholars.

In the East Palace, in the courtyard in front of Changle Hall, Sanbao had one foot on the ground, hooked the takraw ball with one ankle, stretched out his arms, and smiled and winked at Zhu Biao in front of the window.

Beside them are Chang, Zhu Di, Yu'er, and Jin'er.

"Hold on, hold on." Zhu Di smiled at Sanbao and said, "Wait for my elder brother to see, don't move."

Sanbao nodded, they all knew that His Highness was in a bad mood these days, and several of them discussed ways to make fun of him, trying to lure His Highness out.

But the entrance of the main hall was empty. Seeing Chang's loss, Zhu Di laughed and said, "Sister-in-law, when my nephew is born, I, the fourth uncle, must take him to play ball and show my elder brother his skills."

At this moment and here, the meaning of the Crown Princess and the Fourth Highness is so clear, and Sanbao also understands that this is the time to make my father happy, and he can do it with all his strength.

Hearing this voice, Zhu Biao looked in the direction of the outer hall, feeling very happy.Then he lowered his head to analyze the reason for the treasure note, and he will play it again tomorrow.

After not sleeping all night, Zhu Biao put down his pen and fell on the bed. In his mind was the reason why he wanted to play to Lao Zhu again, the key to failure...

In the courtyard surrounded by mountains and rivers, someone came to him and put on clothes, Zhu Biao grabbed his jade hand: "Where have you been?"

"Do you know where it is..."

The girl pouring water beside him was Xiaobai, the girl he brought back from Gansu, sitting quietly, shaking the rattle.

She handed tea: "Why is Your Highness frowning?"

"Precious banknotes will fail, no one believes in orphans."

"I believe it, don't frown, okay?" She stretched out her hand to smooth Zhu Biao's brow and said, "I told you before that everyone doesn't use precious banknotes. There must be something wrong. The common people are the main users. The same is true for goods, goods are not easy to sell, just because they are not easy to use.”

"I understand alone, but I can't convince others."

"To persuade a person, it is best to let that person see is believing, let people judge for themselves, rather than reasoning."

"Do you know, tell me what you think."

"There is not a complete system and government government for issuing Daming banknotes, and the use of treasure banknotes must be honest, and treasure banknotes are not as stable as gold, silver and copper coins.

Your Highness can know if you have done business with people many times and found that those small traders and ordinary people often receive fake treasure notes.The people worked hard, but in the end the counterfeit banknotes were empty and joyful. At least gold, silver and copper coins were not easy to counterfeit. "

"This……"

"Your Highness does not know that the government has only collected new treasure notes for tax collection in the past two years."

"There is a method of reversing banknotes, and the father and father also ordered that banknotes be set up in various places to collect and exchange old treasure banknotes, and those with recognizable amounts can be used."

"His Royal Highness is in the imperial city. In fact, the government only accepts new banknotes, and the price difference between old and new banknotes is also very large. The officials cheated in this. When you are in a busy market, you can know that the people are helpless..."

Suddenly, the yard collapsed and everything disappeared: "Where are you?"

Zhu Biao woke up suddenly, but saw Chang Meirong standing in front of the couch and gently shaking him: "Your Highness, it's time for dinner."

"Oh."

Zhu Biao got up, it turned out that it was just a dream.

But the conversation between him and Shen Zhifu was very clear. It is easy to forget the things in the dream. Zhu Biao didn't care about putting on his boots, and ran to the table to quickly write the question of the treasure on the paper.

Think about it carefully, indeed.

Chang Meirong only thought that Zhu Biao was hysterical, and ran over with his boots, knelt on the ground to help him put them on, and said softly, "Your Highness, don't scare the concubine."

"I understand the reason why Song and Yuan banknotes are feasible." Zhu Biao looked at Chang Meirong.

"Let's eat first." Chang Meirong's eyes were full of concern, she just pretended to be Zhu Biao's nonsense.

Zhu Biao took up his pen and wrote that banknotes in the Song and Yuan Dynasties were feasible because of the sound banknote system.

At the beginning of the Yuan Dynasty, the central unified banknote had established a fairly complete reserve system, that is, the "silk silver standard" system, and every 1000 taels of silk banknotes could be exchanged for 50 taels of silver.

Moreover, they use silver and a small amount of gold, as well as other valuable items, as reserves for currency holders to exchange.

People only need to deduct a [-]% handling fee to exchange banknotes for silver and other items.

That's why people believe in using it.

Today, Lao Zhu’s banknotes are based on the credit of the court to maintain their value. He also wants to prohibit the common people from using gold, silver and copper coins, and only let the Ming Dynasty banknotes be used uniformly.

From an economic point of view, only when two conditions are met can banknotes be issued without relying on reserves.

First: The social and economic development level of the Ming Dynasty is sufficient to deal with the circulation of a certain amount of treasure banknotes, which does not require a reserve fund.

Second: The people must be convinced that the imperial court will continue to guard, issue banknotes with restrictions, and ensure the value of precious banknotes.

But Zhu Biao understood that in the early Ming Dynasty, these two conditions could not be met.

At the end of the Yuan Dynasty, wars broke out, banknotes depreciated, and the people were still on the sidelines.

Now in the winter of the third year of Hongwu, the Sichuan area has not been recovered.

There are still a few remnants of the Northern Yuan Dynasty in the Liaodong area.

Although Yunnan has just been pacified, the common people don't know about it.

There are many folks who specialize in the manufacture of precious banknotes, and there are also people who counterfeit precious banknotes in all walks of life.

That's why I knew in my dream that the people who were deceived by the fake banknotes lost their money.

From an economic point of view, currency must be durable, but the materials used for treasure banknotes are obviously impossible.

In the later period, it was all in the name of Hongwu. Although the treasure banknotes were printed with the year, there was no clear boundary, and it was easier to make counterfeit banknotes.

Many people are illiterate, and not everyone is as serious as the officials of the Ministry of Households in distinguishing counterfeit banknotes.

Zhu Biao decided that no matter what system is adopted in the future, the Ming Weekly must publish currency identification methods and must be popularized by every commoner and imprinted in the hearts of the common people.

Treasure banknotes cannot be said to be meaningless, at least it has historically provided important support for the construction of the imperial court.

As long as the disadvantages of Daming Tongxingbao Banknotes are improved and those problems are solved, it will not affect others.

A dream, suddenly enlightened.

Chang Meirong saw that Zhu Biao ate an extra bowl, so he tentatively said: "This concubine wants to go out of the palace to see mother."

"Okay." Zhu Biao put down the bowl and chopsticks, looked at the shocked Chang Shi: "I'm alone with you, just to relax."

In the Chang mansion, Mrs. Chang treated each other respectfully and asked the children of the Chang family to accompany Zhu Biao.The mother and daughter then went to the boudoir and whispered.

"Mother, Your Highness misses that woman." Chang Meirong complained, "My daughter hid her letter."

After hearing this, Chang's mother said: "You will be the wife of the prince in the future, and His Royal Highness will have many women in the future. Don't you want to be jealous?"

"Mother~" Chang Meirong obviously didn't want to hear Chang's mother say that.

"You are pregnant with the emperor's grandson. This is your best support. Your father told me about the girl from the Shen family who went to the military camp during the Northern Expedition. He said that this girl is smart and courageous.

You are still young, you don't understand the feelings of life and death, and they cherish each other.Don't worry about what His Highness has given you, and help His Highness do things more.

This is the case with the Empress and Your Majesty, Song Zhenzong and Liu E.Tang Zong and Empress Changsun, these are what you and your mother said.

Rong'er, mother also wishes you well, I don't want to see you become the jealous mentality of the youngest daughter's family, it will only destroy myself, don't worry, your father and I will always protect you. "

Hearing her mother's words, Chang Meirong lowered her head in shame. Although a woman's status is low, especially when married, her mother still loves her.

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(End of this chapter)