At this time, Li Di, the third envoy, was sitting in the numismatic bureau, and now the numismatic bureau is under the jurisdiction of the third department, and now the third envoy is concurrently serving as the third secretary. Li Di is now arranging specific distribution tasks for his subordinate officials, and has now set up 20 distribution points in Tokyo, of which 10 million coins will be distributed and the amount of banknotes issued is equivalent to 500,000 yuan. Li Di looked at the exquisite coins and couldn't put them down; Picked up the banknote again, shook it with his hand, closed his eyes and listened to the crisp sound of the banknote, revealing a look of obsession and intoxication. At this time, Li Di thought that the Great Song Dynasty would be free from the pain of money shortage.

At this time, there was already a shortage of money in the Great Song Dynasty, especially in the rich Jianghuai region, although the situation was not very serious, but it also aroused the vigilance of the imperial court. The officials of the Third Division analyzed and discussed the reasons for the money shortage, and found that there were two reasons: the first was the large outflow of copper coins, at this time, the Great Song Dynasty was economically developed, and carried out close international trade with Japan, Southeast Asia, Arabia and even Africa, and the Song Dynasty money almost became the international currency of this trade area. and ordered the country that the small flat money is allowed to enter but not to go out"; The state of Java also exchanged pepper for Song money. Today, in East Africa, India, the Persian Gulf and other places, there are Song coins unearthed. The Song people said, "The money was originally a treasure of China, but now it is commonly used by barbarians from all over the world." This is not an exaggeration.

Secondly, "the 'money shortage' is not because there is no money, but because the money is not in the right place". A large number of copper coins, lying down in a place with very low liquidity, did not move. The "copper money precipitation" here includes the government's monetization tax to return a large amount of money (it takes a process for this part of the money to flow back to the market from the treasury), and also includes the private saving culture. Li Ji said that "the folk fresh collection of the house", may not be accurate, because the rich families of the Song Dynasty just generally had the habit of accumulating copper coins, and the money hidden in the treasury is called "town treasury money", such as Qingzhou Minma's, "its rich three, since its ancestors with 100,000 yuan of money in the town treasury, and did not use it." The Song people discovered, "The coins of the country are called the springs of goods, and the cover wants to make them flow, and the rich people can't hide them, so the people are profitable." "Coins are stored in large quantities, resulting in a shortage of money in circulation.

In fact, Meng Ming thinks that the biggest reason is that the people of the Great Song Dynasty and overseas countries all recognize the value preservation of Song money, and the cost of coinage at this time is higher than the face value of the Song money, for example, the copper content of Song money is eighty and a half, and the rest is lead and tin. It is not profitable for the state to send money, it is more about losing money. The illegal act of refining copper coins into copper utensils has been repeatedly prohibited.

Therefore, after repeated experiments, Meng Ming improved the ratio of copper alloy, because the Department of Chemistry of the University of Tokyo discovered metal zinc under the guidance of Meng Ming, and also developed a refining method, and can carry out large-scale production in the factory, because the zinc ore is all over the Great Song Dynasty, the teachers and students of the Department of Chemistry found a large reserve of lead-zinc ore in Kaifeng County fifty miles away from Tokyo, so a school-run zinc smelting plant was built on the spot, with an annual output of up to 400 tons, which is enough to meet the demand for making money.

Meng Ming referred to the composition of brass coins in the Ming and Qing dynasties, and adjusted the proportion of copper in the new coins to 60% copper, 30% zinc into 5, and the rest were lead, tin, iron and other components, so the new coins were brass coins. The proportion of copper composition has been reduced by two to five, which has greatly reduced the cost of coinage, and the country will not lose money in making new coins after all, and will make a profit, and it will also crack down on those profiteers who use money to smelt copper, but they still have nothing to lose.

At this time, notices were posted at the 20 new money exchange and distribution points, explaining the exchange of new and old coins, especially the exchange ratio of paper money, and at the same time explaining that the imperial court would cancel the circulation of the old copper coins in stages and batches in the future, and that future taxes, military salaries, official salaries, and government purchases would all be paid with new money after half a year, and the old money would no longer be used. After one year, all new money will be used in private trading and circulation, old money will be abolished, and the exchange of old money will be stopped after one and a half years. The whole country is unified in the use of new money, and all roads are not allowed to issue coins, and at the same time, all kinds of coins must also be exchanged for new money in batches and installments until they are abolished.

At this time, under the notice, a crowd gathered, and the government sent a special official to read the notice. Everyone heard the news, and one of the businessmen said: "The new emperor of the imperial court has changed the yuan and the system, and he must issue new money to show the new atmosphere of the new dynasty, which is normal." But another businessman said to him: "Brother Guo, you said that it is normal for the new dynasty to issue new money, but it is very rare to abolish the circulation of money from the former emperor, and this time it is extraordinary." Let's go check it out first. ”

This is the case at every new money distribution point, and people have the above doubts, but people still follow the instructions of the imperial court. People began to line up, ready to exchange their old money in batches first, and then see how it went. This is not at the distribution point of Daxiangguo Temple, and people have a long queue. The first person in front was Hu Shang, the characteristics of the Sogdians, should be the Uighur clan, he took out the old money from his bag, exchanged, the staff of the numismatic bureau, explained to him the denomination of the coin, and explained that the exchange was carried out according to the color of the old money, at this time Hu Shang had already been shocked and attracted by the exquisiteness of the coin, he repeatedly looked at the coin in his hand, the surface was smooth, exquisite, without flaws, and the dazzling yellow cancan, it was simply a handicraft. He didn't hear the staff's explanation, and was finally woken up. In the end, the staff showed him the banknotes, and gave a more detailed introduction, the more Hu Shang listened, the more interested he became, after all, his spice business is not small, and it is more inconvenient to use copper coins for each settlement, this banknote is good, easy to carry, or issued by the Song Dynasty, guaranteed by the state, credible, and exchanged with the equivalent of real money and silver. In the future, there will be yamen in various places to redeem at any time, which is very convenient. Moreover, this banknote is also beautifully printed, with anti-counterfeiting marks, and cannot imitate the manufacturing price, so it can be used with confidence. Therefore, this Hu Shang exchanged the equivalent amount of gold for equivalent paper money, a total of 15,300 yuan, about 1,530 yuan of old money. In the end, he still held a ten-yuan coin and a ten-yuan bill in his hand, and kept looking at it, and he couldn't put it down, and he was amazed. At this time, he was surrounded by people who had not lined up, and several of them, who looked like his companions, excitedly explained to these people, and these people also became more and more interested in listening, and also saw the beauty of the new coins, and they could not wait to line up to exchange the new money.

In the end, the new money was greatly recognized by the government and the people, and 10 million coins and 5 million yuan in notes were snapped up. Those who didn't redeem it were frustrated and had to wait until the next exchange. The imperial court decided to issue the new currency three more times, once every five days, so that people could familiarize, recognize and accept the new currency. It is then distributed on a per-household basis.

At this time, the three envoys reported to Zhao Zhen on the issuance and exchange of new money, and told the officials and ministers about the income of the exchange, the cost of going out, the coin can bring a profit of three percent, and 10 million coins can be exchanged for 500,000 yuan of old money, and a profit of 65,000 yuan can be obtained. When the ministers heard the result, they were shocked. In the past, the state made money at a loss, but for the sake of people's livelihood, it had to be done. It's the first time I've heard that making money is still profitable. In the end, Li Di said something about Meng Ming's miraculous operation, and the officials and ministers present praised it as a work of genius.

In the end, Meng Ming established the Meng Mining Company, and the royal government became two percent of the shares, and then pulled into the Cao family and the Yang family, one percent for each family, and six percent for Meng Ming. Meng Ming drew a map of the distribution of copper, silver, and gold mines in later generations: the copper mines marked the specific address of Poyang County (now Dexing City) in Raozhou; The silver mine is marked with the specific addresses of the Baojia Silver Mine and Lengshuikeng Silver Mine in Yiyang County, Xinzhou (now Guixi City), as well as the specific addresses of the Poshan Silver Mine and the Tieluping Silver Mine in Tongbai County, Henan Province in the previous life; The gold mine is marked with the specific addresses of Jiaojia Gold Mine, Sanshan Island Gold Mine, Xiadian Gold Mine, Xincheng Gold Mine and other places in Yantai City, Shandong Province in the previous life.

Meng Ming handed over the specific mining matters to his father and Uncle Xiang to take care of. I started to be the shopkeeper again, which also caused the two of them to complain.