Chapter 437: Banknotes

In the cold wind and morning fog of winter, the seaside shouted with the rhythmic sound of the trumpet, and on the Yantai wharf, a large group of shirtless men were dragging thick logs to the construction site.

Although the construction of the port has been stopped with the arrival of winter, a large number of wood, stones, bricks and tiles are still being sent into it.

This is one of the only two cities in the Qilu region in the future, which has replaced the status of Dengzhou, and compared with Qingdao Port in Jiaozhou, the conditions of Yantai are more superior.

Because the traffic here is far more convenient than Qingdao.

In today's era, Zhao Gou does not have the great power of Qin Shi Huang to cross the Yimeng Mountains, open the mountains when encountering mountains, and build bridges with water to build a road hundreds of miles long until Qingdao.

In today's era, Qingdao Port, which was once bright, is subject to reality, and it can only be afraid of Yantai Port.

The reason is very simple, because Yantai Port is closer to Laizhou Bay, and Jishui, which has been unheard of in later generations, is still a big river with good navigation ability at this time. Jishui, which stretches from Luxi to the east and flows into Laizhou Bay, is a golden waterway that runs through the fertile soil of the northern plain of Qilu. The west end of the house is followed by Liangshanbo!

The latter is the water conservancy hub center in the Jingdong region, and the waterways are very developed from north to south and east to west.

On the other hand, in Qingdao, even if the sea goods are piled up at the port of Banqiao Town, they need to continue to be transported north and sent to Laizhou, which is convenient for transshipment of bulk cargo.

Whether to drive a boat to walk hundreds of miles by sea, or choose to enter Qingdao nearby, it depends on one's own choice.

What's more, Haizhou also opened a new port called Lianyungang, which has more or less divided some of the excitement of Qingdao.

At this time, most of the men who were busy working on the wharf were people in the vicinity, taking advantage of the winter to come out to work.

Not to mention that there is still wages for this work, but there is no salary and only enough food, which is a big relief for the people's small peasant families.

So, don't look at the time, it's already winter, the cold wind is biting, but the shirtless men here in Yantai Port have not a thousand but eight hundred.

Even to a certain extent, in this winter, the common people and peasants came out to do short-term work, and the entire Central Plains was busy.

Because with the stability of the country and the subsidence of the war, the resumption of production has become a top priority at the moment, and Zhao Gou did not move the farmland water conservancy law. This is the only order with gratifying results among Wang Anshi's various changes.

In the seven years since its promulgation, more than 10,700 water conservancy projects have been built across the country, and "more than 363,000 hectares" of farmland have been irrigated, receiving very good economic and social benefits. There has been a climax of water conservancy construction in which "the four parties are arguing about farmland water conservancy, and the ancient abandoned weir is being revived".

At present, the conditions given by Zhao Gou are even more superior, in addition to the loans from the state and county governments, those who build water conservancy projects will also have a certain reduction or exemption from their land taxes in the coming year or even in the next three to five years.

As soon as this kind of concession comes out, will the gentry from all over the country be busy in this idle time? Because of the 30 million national bonds, the imperial court can be said to be quite abundant in taxes. Once the latter was launched, the response in the market was very good. Because those high-ranking officials and dignitaries have played a certain leading role, and countless wealthy businessmen have actively supported it, 30 million yuan is a lot, but it is also a piece of cake in the north and south of the river.

As soon as the "imperial merchants" under the Internal Affairs Office set up by Zhao Gou came out, there were few businessmen in the world who looked at Zhao Gou unpleasantly.

With the support of high-ranking officials and businessmen, how can 30 million national bonds be a problem?

And the court has enough money in its hands, so it naturally dares to wave at will.

One proof of this is that the Song army has advanced towards the sea.

There are thousands of miles from Laizhou Bay, Bohai Bay to the Whale Sea, how can there be no foothold in it? Not only would that make the voyage very dangerous, but it would also seriously affect the profitability of whaling.

This was something that the newly established Naval Governorate could not tolerate.

They are children, if they don't hurry up and develop quickly, they are still slow to follow the steps, so how can they do it?

At that moment, under the pretext of containing the Jurchens, he borrowed several islands from Goryeo and Japan.

During this period, Japan was still a very obedient little brother compared to China, not to mention the chaos in its country, Emperor Shirakawa, who had been in power for more than 50 years, had just died, his son Horikawa had been dead for many years, and his grandson Toba had abdicated for seven years.

But is this Chongde the son of Toba, or is it Toba's uncle? No one can say for sure.

Because this Toba died shortly after his mother, Fujiwara Ichika, and was raised by his grandfather, Emperor Shirakawa. He was made crown prince 7 months after his birth. After the death of his father, Horikawa, the 5-year-old Toba ascended the throne, and all government affairs were managed by Emperor Shirakawa. In the 5th year of Eternity (1117), he married Fujiwara Akiko (to be the temple temple), the adopted daughter of Emperor Shirakawa, and established it as a central palace. In the 4th year of the reign of the Emperor Shirakawa (1123), the Toba Zen throne was given to the eldest son of Tokenmon Temple, Shotoku, and the real power was still in the hands of Emperor Shirakawa.

In Japanese high society, rumors that Chongtoku is the son of Shirakawa have long been noisy.

And looking at Toba's good work on Chongde, the rumors may not be groundless.

Toba's relationship with Shirakawa is very bad, but when Shirakawa was in his time, he also obediently sacrificed the magic weapon of the court.

The Japanese word for "government of retirement" means "government of retirement". Its specific means were to constantly elevate the samurai group, weaken the great aristocracy, show favor to the samurai class, and compete for power with the Fujiwara clan's foreign relatives, in an attempt to suppress the regency politics and assert the authority of the royal family.

Now is the time when Shirakawa has just died, and Toba is suppressing Chongde while establishing a court government and fighting with the Fujiwara clan, so that he will not turn against China because of a few inconspicuous islands.

Therefore, while the Central Plains is busy, many Han people who have just been relocated to many small islands off the coast of Goryeo and Japan are also busy nervously.

However, these have nothing to do with these shirtless men on the port of Yantai, and their hearts can't think of too many far-reaching things.

With that idle time, they are more willing to spend all the money in their hands first.

The banknote is the previous Jiaozi, which can also be said to be the previous money introduction.

That thing was originally only circulated in Sichuan and Shu, in the first year of Song Renzong Tiansheng (1023), the government set up Yizhou Jiaozi in Chengdu, and one or two officials of the Beijing Dynasty served as supervisors to preside over the issuance of Jiaozi, and "put the paper making institute to reform the disadvantages of forgery", and strictly enforced its printing process. This is the earliest paper money officially issued by the government in China - "Guanjiaozi".

In the early days of the issuance of the official jiaozi, its form was modeled after the private "private relations", and the denomination was still filled in temporarily, stamped with the state seal of the state, but it was divided into a certain level, from 1 to 10, and the scope of circulation was stipulated.

There is a limit on the amount of issuance, and it is also stipulated that the issuance will be divided into three years (two years) for each boundary, and the new Jiaozi will be exchanged for the full boundary.

The first Jiaozi issued 1256340 yuan, with a reserve capital of 360,000 yuan (with Sichuan's iron money as the banknote), and the reserve was equivalent to 28% of the issuance.

Later, due to the over-issuance of military supplies, Jiaozi was seriously depreciated. In the early days of Huizong, the issuance was discontinued and the "money citation" was used instead.

However, although the paper, printing, drawings and seals of the "money citation" are very good, there is no banknote and no exchange, which means that there is no reserve and cannot be exchanged for real money. It was completely in the hands of the government and issued additional coupons at will, so the value of the paper coupons plummeted.

The paper money that Zhao Gou is now implementing completely eliminates the drawbacks of money citation, which is the money introduction reform mentioned above. Its newly issued banknotes are equivalent to the previous Jiaozi, with a reserve of 30% of the issuance, and the first issue is 10 million yuan.

This has made the bank's business much busier, and it has also made many ordinary people who have received paper money from the government feel confused. When they came to their senses, the first thing they had to do was to rush into the market and spend all the money.