The same is true of rice coupons!

The seemingly simple answer made Gu Yanwu's whole person suddenly startled, but it was only an instant, and he, who already knew something about the economy, immediately understood the purpose of this "fixed promissory note". Rice coupons are sought after because of their ease of use.

Those businessmen are doing business and running from place to place, and the world is so chaotic that it is not safe and inconvenient to carry silver taels with them. Therefore, rice coupons that are easy to carry and can be exchanged for silver taels will be sought after by merchants. However, of course, there are certain restrictions on the use of rice coupons, but there are no restrictions on the "fixed cashier's note". And now people only need to hold a "fixed amount of promissory note", and they can go to the various branches of the military pay bureaus in various places at any time to exchange for silver taels, so that it is convenient and safe, and businessmen don't like to use it? In this way, in the future, will this "fixed promissory note" be equivalent to silver taels?

"As long as the "fixed amount promissory note" is easy to use, and can be exchanged at the military pay bureau at any time for silver taels, not only is it easy to use for merchants in various places, that is, people who go out, they will also use the "fixed amount promissory note", when walking in various places, they will feel inconvenient to carry silver money, if there is a promissory note, it will naturally be the first choice, but only a few pieces, it is equivalent to two thousand hundred taels of silver......

Although he didn't speak, Gu Yanwu, who also had the experience of traveling to the north, also had a similar experience, and it was indeed inconvenient to carry a few hundred taels of silver, if there was this "fixed amount promissory note", it would naturally be easy to carry. The reason why people don't believe in treasure money is that treasure money cannot be exchanged for silver money, and if this "fixed amount promissory note" can be freely exchanged for silver money, how can the people refuse?

Nodding in agreement, Yan Erme continued.

In addition to making profits through the fineness, if you want to get a "fixed promissory note", you must first use the cash to exchange it at the Military Pay Bureau, and then take it out with the Military Pay Bureau after arriving in a different place, so that the people's money can be borrowed temporarily before the military pay bureau is used. ”

Although Yan Ermei's explanation does not conform to Zhu Mingzhong's plan for the future of the Military Payroll Bureau, if it is really done according to his ideas, this Military Payroll Bureau will never become a bank, it will become a money bank or a ticket number, at most, it will become a ticket number in the late Qing Dynasty, those who promised to "exchange the world" are actually far behind the times, this is not Zhu Mingzhong's purpose. After all, all he needs is a real bank!

But despite this, he still looked at Yan Erme seriously for a few moments, and at the same time explained with a smile.

"In what Qing said, it is definitely not what this town thinks, and he will never use the military salary bureau temporarily!"

Jing Liu's answer made the four of them surprised, and when they were a little puzzled, they saw Zhu Mingzhong continue.

"The reason why the Military Pay Bureau can gain the trust of the people is because of its credit, and if the government temporarily borrows cash from the Military Pay Bureau, wouldn't it be ruining the credit of the Military Pay Bureau? Undermining the people's trust in the Military Payroll Bureau? How could this town lose a big one because of a small loss, and for the convenience of the government for a while, take the money of the Military Payroll Bureau? Not only can he not use the money from the Military Payroll Bureau, but the Japanese government will also deposit millions of huge sums of money into the Military Payroll Bureau......"

Millions of dollars!

As the secretary of the household, Wang Luo naturally thought of the silver deposit in the treasury of the household, and for Zhu Mingzhong, the future of the military payroll bureau acting in the treasury is the inevitable development of the military payroll bureau, and the military payroll bureau will become a bank, which is exactly a direction he has formulated, after all, inadvertently, the military payroll bureau has set up branches in Jiangbei and Changzhou, south of the Yangtze River, which is the basis of its bank.

Banks are the future of the Military Payroll Bureau, of course, only by establishing bank-based financial institutions can we fundamentally solve the financial problem, just like more than 200 years later, war financing directly determined the outcome of the First Sino-Japanese War, and Japan's modern financial system has greatly strengthened Japan's entire military strength. Moreover, after the outbreak of the war, compared with the Qing court's internal looting and foreign debt, Japan easily raised twice as much military spending as the Qing court at home with its modern finance and modern financial industry.

Financial resources are combat effectiveness!

Rather, banks are at the heart of modern finance. In the early stage of the establishment of the bank, it naturally needs the help of the government, and the help of the government, in addition to the policy help, depositing a huge amount of money into the bank and making it act as an agent for the treasury is the simplest and most direct way.

"Deposit official money into the Military Payroll Bureau? Isn't that the same as the money bank? ”

Yan Ermei looked at the strategy in surprise, he often deals with the money bank, he naturally knows it very well, the earliest times, the silver village is actually an ordinary store, people go to the store to buy things, the shop by the way to the broken silver cast into a whole piece of silver, there may be a good shop cast, sometimes people call it a money shop, so later it only operates silver money exchange, but now there are also some money banks to save money, you can deposit silver money into the bank.

"It's the same, it's different!"

Nodding slightly, Zhu Mingzhong continued to explain,

"When you deposit money in the bank, you need to find money in the bank, but if the people deposit the money in the military pay bureau, they can give a certain interest, of course, this interest is determined according to the length of time they have deposited the bank. Of course, the government deposits the money in the Military Salary Bureau, and the Military Salary Bureau does not need to pay interest. ”

Before the introduction of banking to China, money banks in ancient China not only had no interest, but also had to charge depositors' fees. Even after the entry of modern banks into China, large deposits before and after World War I had interest, and small deposits did not.

Because of this, when Zhu Mingzhong said this, Fu Shan, Yan Ermei, and Gu Yanwu, who had all dealt with Qian Zhuang, looked at Jing Luo in surprise, their eyes were full of puzzlement and surprise, and Fu Shan asked directly.

"Strategy, if that's the case, wouldn't the Military Payroll Bureau do all the loss-making business?"

Yan Ermei and Gu Yanwu nodded one after another. Naturally, they could not understand why they deposited money with the Military Payroll Bureau, which not only did not charge fees, but also paid interest to depositors.

"How can it be a loss-making business, this military payroll bureau collects deposits, that is, gathers sand into a tower, gathers the idle wealth of the people, and then does not idle it in the treasury, even if it is a money bank, its deposits are often used for lending?"

It's just that for the money banks at this time, lending is often private, and their lending is similar to the lending of later generations, with extremely high interest rates.

"In the future, the Military Salary Bureau will inevitably act as a bank and operate externally, and it will lend to merchants as well as ordinary people, and if the people in the countryside are in urgent need, they can mortgage the land deeds and house deeds, and obtain loans from the Military Salary Bureau, and the interest rate on the loans issued by the Military Salary Bureau will be set by the government, so as not to increase the profits and hurt the people. In this way, the exploitation of usury by the people can be alleviated. ”

This kind of loan looks somewhat similar to the "Seedlings Law", but it is completely different from it, and of course, for Zhu Mingzhong, this kind of small loan is just a strategy to win support for the Military Payroll Bureau.

"This law is great! There is a great goodness of Wang Wengong Qingmiao Law in the Song Dynasty, but there is no disadvantage! ”

Gu Yanwu's praise made Zhu Mingzhong smile slightly, this kind of concept of small loans is just old wine in new bottles, which is somewhat similar to Wang Anshi's green seedling method, of course, for the Military Salary Bureau, small loans are not its main business, its real main business is to support industry and commerce. After all, the role of banks is to gather sand into a tower, gather people's idle wealth, and use it for industrial and commercial development.

Of course, in this era when industry and commerce were not developed, the bank also had a role to play, which was to buy government bonds. And this is the fundamental reason why Zhu Mingzhong's parties have done everything possible to promote the Military Salary Bureau.

"After a while, this military salary bureau will not only be able to lend money to ordinary people, but also to the government, so that the government will naturally not run out of money!"

As soon as Fu Shan's words fell, Gu Yanwu over there immediately asked rhetorically.

"Loan to the government? The people can use the land deed and house deed as collateral, so the government can borrow from the military salary, and what should be the mortgage? If it is only because the Military Payroll Bureau is run by the government, it will not be mortgaged? And what is the letter of the Military Payroll Bureau? ”

Gu Yanwu's rhetorical question made Fu Shan stunned, and just when he realized that he was speechless, Yan Ermei on the side said.

"In business, although the military salary bureau is run by the government, it can not stand without trust, and it must not be pledged by the government because of this, if the government borrows, it can naturally be used to ...... Salt tax! The salt tax can also be used as collateral! ”

After that, Yan Ermei looked at the scripture, lest he be reprimanded for it, from ancient times to the present, how many people borrowed money from the government and dared to ask for pledges? What's more, it's still a tax as a hostage. At this moment, he nodded and said.

"That's the same way."

In fact, not only can the salt tax be used as a mortgage, but for Zhu Mingzhong from the future, even the land endowment, customs duties, etc. can also be used as a mortgage, and even official properties such as the government yamen can also be used as a mortgage, which is not inappropriate.

Of course, this point of view seems a little too unbelievable in this era, so that Yan Ermei even dared not be sure when he heard Jing Liu's praise, and Zhu Mingzhong nodded at him, and in his heart, he had even arranged Yan Ermei's whereabouts properly - the Military Salary Bureau.

"Not only can the salt tax be mortgaged, but also official properties such as mountain mines and land properties can also be mortgaged, if the government borrows from the Military Payroll Bureau with pledges, it will naturally not affect the credit of the Military Payroll Bureau, and the government can also turn the original dead things into cash, which should be urgent, and there is no need to raise taxes to exploit the people!"

Compared to Yan Ermei, Fu Shan seemed to have gone farther and seen farther, and his approval made Gu Yanwu ponder for a moment, and then asked rhetorically.

"The young lord is surprised, such a mortgage of official property can naturally solve a temporary emergency, but how will the government repay the loan in the future, after all, this loan is interest-bearing, and in the end, don't you still have to raise taxes to repay the debt?"

Gu Yanwu's rhetorical question made Zhu Mingzhong laugh, and then said with a smile.

"In this way, the government needs to do everything possible to expand financial resources, not just raise taxes!"