Chapter 152: External Diffusion (6)

The original subordinates immediately defected to the new leader, and Li Hongzhang was certainly not happy in his heart. However, Li Hongzhang was not too excited in his heart, as long as he made a note for these guys, there would be a chance to clean them up in the future. If these boys can really climb the high branches in the future, Li Hongzhang doesn't care about getting closer to them. Officialdom is like that, as long as it is not a conflict of fundamental interests, making enemies is a very stupid choice.

"The Goryeo court was discussing whether to issue paper money, and listening to their meaning, they felt that the renminbi could circulate in Goryeo, and the currency issued by Goryeo itself would naturally be issued well in Goryeo. After all, paper money does not need to be minted, nor does it require gold and silver, which is very convenient. "Everyone else is showing their work achievements, and Li Hongzhang has no reason to appear that he is the only one who is eating dry rice.

"What should be used as collateral for the issuance of currency in Goryeo?" Gu Dahe asked a question very expertly. The currency issuance of the Min Dynasty was originally in the hands of Wei Ze, and when the group of financial workers in the Min Dynasty grew up, most of them had to learn the monetary theory that had gradually taken shape.

The renminbi was not collateralized by precious metals, and the Republic of China forcibly drove precious metals out of the circulation market. The complete fiat currency system has sparked a huge discussion among financial workers, either this or that, and everyone feels that this monetary theory has inexplicable problems. However, there are different opinions among financial workers who have their own opinions. But in the basic theory, it is the same, even if there is no gold and silver, there must be productivity, and it is very dangerous to have money created entirely out of thin air by the government.

"What does collateral mean?" Li Hongzhang didn't understand this, so he asked frankly. The Republic of China blames more for not knowing how to pretend to understand, and the discussion at this time was originally sudden, and it is normal not to understand.

Even if Gu Dahe is a little too lazy to explain, he can still easily express his opinion on this, "When the currency is issued, there must always be a basic purchase with a clear goal, and it is generally believed that the RMB can always buy grain at a fixed price in the grain store in the end." In this sense, the renminbi can also be called food stamps. Goryeo issued banknotes, what collateral were they ready to use? If gold and silver are used, then people must be allowed to go to the central bank with paper money to exchange for gold and silver. If you want to use grain, you have to be able to ensure that 100% of the Goryeo banknotes will eventually buy grain. If you can't, you're in a big problem with this kind of banknote. ”

After listening to Gu Dahe's story, Li Hongzhang frowned slightly, "Governor Gu doesn't seem to have confidence in Goryeo at all." ”

"Don't look at this as a piece of paper," Gu Dahe took out a piece of RMB and held it in his hand, "This piece of paper represents the country's commitment, even if there is a representative promise among the thousands of yuan, the credibility of all the RMB will be questioned." Naturally, the Min Dynasty has the confidence and determination to uphold our own commitments, but do the Koreans have this confidence and determination? ”

The personnel in the Goryeo office were shocked when they heard Gu Dahe's solemn tone. When we were in China, everyone was accustomed to the RMB, and even if we didn't understand the internal monetary theory of the RMB, we could still know that the RMB was in charge and easy to use. Now that I have listened to the speeches of the bankers and felt the will of the state contained in these papers, I could not help but feel a solemn feeling in my heart.

Li Hongzhang originally wanted to use the issuance of banknotes in Korea as an opportunity to do something beneficial to China. After listening to Gu Dahe's analysis, he had no intention of backing down, but he thought that this matter needed to be learned more before he could do it. Li Hongzhang immediately asked: "Do you think we can't get involved in this matter?" ”

Everyone's eyes fell on Gu Dahe, who, as a financial expert, had the most right to speak. Gu Dahe is also an old fritter who has been crawling in the officialdom for more than ten years, and he is unhappy for a while. Li Hongzhang said lightly, and put the responsibility on Gu Dahe's side, and this is Gu Dahe's own fault, as an expert, he naturally has the most say in the assessment.

After thinking for a moment, Gu Dahe turned his heart sideways, "It depends on what benefits we want to get from this matter." If nothing else, at least sell some money printing machines to the Koreans, and we can still make this money. ”

This is already a shrinking egg, but I didn't expect Yuan Weiting to immediately agree, "Just sell it." I think this money printing machine will have to sell for hundreds of thousands of taels of silver. With this money, we will divide a little, and we can exchange more banknotes in the banks in Korea to use them back. We just feel that there is a shortage of banknotes, and the Korean people are increasingly demanding our yuan, and there is no shortage of banknotes. ”

Yan Fu intervened very strategically, "I think this suggestion is good, so I will make a report to China." Director Li continued to contact the matter. ”

Half a month later, Kim Ok-gyun and others first left their errands at the Goryeo Railway and Telegraph Company, and then entered the Goryeo royal court and began to work. The Min Concubine group was completely purged, and many places were temporarily vacated in the Goryeo royal court. Dayuanjun himself didn't like Jin Yujun's gang too much, but he couldn't withstand Li Hongzhang's "persuasion". Li Hongzhang believes that "these people are all studying in China, and they are well-known people in Korea. They have contributed to the pacification of civil strife, and the king can also stabilize people's hearts by using them. ”

Daewonjun thinks that the Min Dynasty hopes that more people with a background of studying in the Min Dynasty will enter the Goryeo royal court as officials, and this idea is normal in Dawonjun's opinion. Besides, Jin Yujun and the others didn't make Dayuanjun feel like a huge threat. He also agreed to Li Hongzhang's request.

Kim Ok-gyun became a minor official in the ministry, but he also officially became a member of the Goryeo bureaucracy. This guy immediately began to contact the local forces of Goryeo and began to promote his ideas with great practical action. It didn't take long for the news to reach the ears of the Grand Courtyard, and the minor official of the Ministry went around publicizing the benefits of banknotes.

"Your Majesty, many people still support Jin Yujun's opinion." The envoy in charge of listening to the wind reported earnestly.

"Why?" Dayuanjun was a little puzzled by this. The renminbi is a banknote, and the Koreans use it more and more, so Dayuanjun has no special bad feelings towards banknotes. Originally, Dayuanjun didn't have much energy to manage the yuan, but from the experience of the past few years, Goryeo was not seized of any benefits because of the existence of the yuan, but because of the accelerated circulation of currency, many people's lives were much better than before.

"Those big families are indispensable, if the king gives an order, they will obey it, if the king does not let it be issued, they will not care. Now it is the businessmen and middle-class families who are very supportive of this. Merchants find banknotes convenient, and middle-sized households find it cheap to buy things with banknotes. The envoy's answer was honest. These are indeed the two groups of people who have the greatest demand for banknotes, "Your Majesty, the money of the Wa Kingdom can still be used in Goryeo, let alone the RMB of the Shang Kingdom." We can't compare to the kingdom of Goryeo, can't we even compare to the kingdom of Wa? ”

When the envoy left, the king of the courtyard did not give a reply, and went home and wrote a letter, ordering someone to send him away. The letter soon arrived in Li Hongzhang's hands, and it was not only the imperial envoys who came to deliver the letter, but also people from various yamen. Director Lee's connections in Korea have become more and more extensive, and people including Kim Ok-gyun have been in contact with him on the issue of banknotes.

At the meeting of the office in Goryeo, Li Hongzhang was inevitably asked about this matter by everyone, and Director Li said lightly: "Some people want to be promoted, and some people really think about Goryeo and think that using banknotes is a good thing for Goryeo." There are also some people who simply feel that it is necessary to go in and mix this matter, and know how deep the water is. None of this matters, as far as I know, the courtyard is getting looser and looser, and this old gentleman is now short of money. ”

When Gu Dahe heard this, he couldn't help frowning, "Paper money is the easiest to issue indiscriminately, and paper money has been issued more than once in the history of Chinese currency, and in the end, it ended in tragedy." Traditional precious metals and coinage, but there is still a cost. As soon as the money printing machine is turned on, the money is brushed out. Such a search of the market and labor force immediately became a round of inflation. ”

One of the main responsibilities of the party committee is to "organize life meetings", which include reading, seminars, outward bound training, and sports meetings. The last part of the life meeting has been mainly a study meeting, and a lot of basic knowledge has been popularized in the study meeting. This time, Gu Dahe's words were understood by most of the comrades who studied seriously.

"What should we do?" Yuan Weiting immediately asked.

Without waiting for Gu Dahe to speak, Wang Shizhen took over the question, "We can't let Goryeo's currency and our renminbi be freely convertible, right?" ”

"That's it!" Gu Dahe completely agreed with Wang Shizhen's words, "The Goryeo royal court has its own renminbi, and how they like to exchange banknotes with Goryeo banknotes is their business, and we will never open this opening." ”

Seeing Wang Shizhen's inconspicuous performance, Li Hongzhang immediately followed, "If the Koreans use their brains crookedly and want to use their waste paper to exchange their waste paper for our RMB after printing money on the money printing machine, we must indeed prepare early." ”

At this time, Jin Yujun lobbied hard in front of the monarch of the courtyard, "Your Majesty, the Celestial Empire uses paper money, and the Japanese use paper money, our country is much better than the Japanese country, of course, paper money can also be used." Not to mention that paper money is also used in all countries of the world, Britain, France, the United States, Russia, and other great powers have gold and silver coins in their own countries, and they are also using paper money. We have 3,000 miles of rivers and mountains in Goryeo, and the train has to run all day from east to west to arrive. Even if we don't talk about this, why can't I use paper money in Goryeo? ”

This kind of simple comparison sounds more convincing to the courtyard than those who are the truths of the Tao. As Kim Ok-gyun said, since all countries are using paper money, why can't Goryeo use it. In addition to such a reason that Dayuanjun couldn't refuse at all, the reality also put a lot of pressure on Dayuanjun. After killing Concubine Min's "special army", Goryeo restored the old army system, and these soldiers had to eat, drink, and pay. It was too difficult to raise gold and silver, and it was much less difficult to print banknotes.

Even if he agreed to this matter, Dayuanjun made a straight face, "Jin Yujun, you are so agitating this matter, if something goes wrong, what should you do?" ”

Jin Yujun is also an activist, and others will naturally instinctively retreat in the face of this kind of problem, but Jin Yujun not only did not flinch, but was overjoyed in his heart. He hurriedly knelt down and gave a big salute to the monarch of the courtyard, "Your Majesty, the minister will live up to the trust of the monarch, if there is a mistake, please behead the minister to tell the world!" ”