Chapter 126: On the National Debt Again

Zhang Xuan said: "If you don't have enough money, can't you issue bonds?" ”

"Your Majesty, never." Zhang Zhen said: "The three million national bonds of the previous round have already caused panic in the hearts of the people. Another showdown may damage His Majesty's holy name. ”

Zhang Xuan's eyes swept away, but when he saw that Yuan Shizhong, the king of Wei, was also silent, as if he hadn't heard it, he knew that on top of this matter, I am afraid that these nobles are also in favor of this point.

There are not enough distribution channels. The so-called treasury bonds issued by Zhang Xuan cannot have a small denomination, and ordinary people cannot buy them at all. The only people who can buy treasury bonds are those who are wealthy businessmen and have family backgrounds.

Therefore, Zhang Zhen directly defined this matter as a showdown.

In other words, all the people who sold the treasury bonds did not think about asking the court to pay it back.

Since they have this idea, it is very painful for the imperial court to issue treasury bonds.

The same is true of Xungui.

Although the nobles of Great Xia are all explosive households, they also have a lot of savings in their hands.

In this troubled world, there are soldiers on hand, even if you want to have no money, it is not easy to do, and Zhang Xuan treats these Great Xia nobles well, and the annual salary may be less, but he gave them a lot of fertile land near Nanjing and Xijing. If you talk about the money you can spend on hand, you can't say that you are richer than Zhang Xuanhao.

Therefore, the last time Zhang Xuan issued treasury bonds, he already wanted to borrow a little money from them. It's just that the battle for Taiwan is related to the interests of the Zheng family, so the Zheng family is almost all-inclusive.

It was also Zhang Xuan who didn't want the first batch of treasury bonds to be taken down by the Zheng family, and he also wanted the concept of treasury bonds to become popular, so he left some of them for big households in Jiangnan to buy.

Zhang Xuan said: "How much money can be turned over in the treasury? Is 500,000 taels enough? ”

Yao Qisheng said: "Barely enough. ”

Zhang Xuan listened to Yao Qisheng's words and knew that it must be enough. Yao Qisheng has always left room for himself, and he will not be full of words.

"Pay back this batch of national debts first." Zhang Xuan said: "Don't worry about Min Guogong's side, clean up this side first." ”

When Yao Qisheng heard this, he immediately understood and said, "Your Majesty means to be trustworthy in the world. ”

"I don't know what you think." Zhang Xuan said: "But I don't have the intention of apportioning once, in my opinion, the credit of the imperial court can't be bought back with no amount of money." How could I put the cart before the horse? ”

"Now it's just that the state is short of money. If you borrow money and food from the people, you will definitely return it in the future. ”

"Yao Qing, as the finance minister of the imperial court, don't you even have the confidence to pay off this little money?"

Yao Qisheng listened to Zhang Xuan's words and immediately said: "Although the minister is dull, these millions of yuan are not worth the imperial court. ”

"Your Majesty Qingzhangtian

Mu of things, the results are outstanding, the minister is sure that in the four years of Zhaowu, the country's annual income is more than 50 million. This is not counting the interest on the coinage, and after three or five years of accumulation, there will be funds for the Northern Expedition. ”

Zhang Xuan said: "Isn't that great? The state is in short supply, and taxes are generally raised, but once taxes are raised, the people are overwhelmed, how can this be the case? ”

Zhang Zhen said: "Your Majesty's name is inheritance, it is really a creation, the foundation of the Emperor Taizu is shallow, but the Chengming system is only, the family law and ancestral system of this dynasty should start with Your Majesty, and Your Majesty should think long-term." ”

"If you borrow money at every turn, the court can certainly pay it off, but when the descendants of later generations see this, they are afraid that they will have the intention of luxury, so they will borrow money and gather the people's fat and people's ointment in their hands, and if they do not repay it, the ministers are afraid that the smoke of the world in the future generations will start here."

"Therefore, please be cautious about your majesty."

Zhang Qian's words were so loud that Zhang Xuan couldn't find anything wrong when he listened to it.

There are always pros and cons to financial innovation.

Treasury bonds have made it easier for the central government to collect money from the private sector. As the founder of the country, Zhang Xuan's actions will have a deep impact on the Great Xia Dynasty, just as Zhu Yuanzhang's administrative ideas have influenced the Ming Dynasty for three hundred years. If the future emperor follows Zhang Xuan's example and borrows money so lavishly, what if he doesn't pay it back in the end?

To be honest, in Zhang Xuan's opinion, these things will definitely happen in the future. Even a powerful country like the United States faces the dilemma of defaulting on its debts.

But Zhang Zhen is right, since he knows that there is such a risk, he can't set a bad example for future generations.

"Your Majesty, in the matter of military spending, you still need to listen to the meaning of the King of Dian." Zhang Zhen said: "After the news of the King of Dian comes, it is not too late to make a decision." ”

"Okay." Zhang Xuan said: "However, 300,000 taels in advance, we must allocate it first, so that Huguang can prepare materials." There must be no mistakes. ”

"Yes." Yao Qisheng said.

Immediately, the war machine of the Great Xia court began to operate, and first, the discussion about the state system also subsided, and everyone focused their energy on other things.

It's the war in Sichuan.

Reform of the bureaucratic system was put on hold.

Actually, no, it just became silent.

Since the second year of Zhaowu, Zhang Xuan has been working the official system for the year before his death. After his death, during the reign of Emperor Wenzong, there was also a backlash against Zhang Xuan's various reforms. The official system of Great Xia was established from the reign of Emperor Wenzong.

It continued until the Revolution and did not change much.

The messenger from Nanjing traveled all the way, and in just a few days, Zhang Xuan's order was transmitted to Guiyang City.

Today's Guiyang City is Li Dingguo's residence.

Ever since he knew that Wu Sangui might attack, Li Dingguo had already moved here from Kunming.

The period of Yunnan,

He has already summoned toasts from all over the world, both soft and hard. Although Yongli is in the mountains and mountains in the south of Yunnan, it still occupies the chassis of several counties, and there are some Tusi who have dealings with them.

But most of the Tusi know that the Ming Dynasty will not come back.

It is one thing to have news about Yongli, and it is another thing to occupy Yongli, and most people with brains will not choose the Ming Dynasty.

Coupled with Li Dingguo's people who stayed in Yunnan, he had nothing to worry about Yunnan affairs.

As soon as he came to Guiyang, Zhang Xuan's holy decree arrived.

After Li Dingguo received the order, his heart was slightly moved. As soon as Zhang Xuan's holy decree was issued, Li Dingguo became the most powerful general in the entire Great Xia, with two provinces and one town under his jurisdiction, more than 200,000 troops, and millions of people under his command. Compared to Wu Sangui, it is no worse at all.

This kind of trust, even Zhang Xianzhong did not give it to Li Dingguo at the beginning.

Of course, this is also the time when Zhang Xianzhong's forces are at their strongest, and his strength may not be comparable to Li Dingguo today.

Li Dingguo secretly said in his heart: "Your Majesty trusts me so much, I naturally want to let Your Majesty himself, they are not wrong." He immediately wrote a letter of thanks, and wrote to the imperial court, making a list of military supplies, all of which were lacking in the Yunnan-Guizhou Governor's Palace, and most of them were firearms.

Zhang Xuan also wanted to send a group of officers over.

The reason why Li Dingguo is like this is, firstly, there are indeed not many people in the Yunnan-Guizhou Governor's Mansion who are suitable for the new firearms tactics, and secondly, Li Dingguo expressed his loyalty to Zhang Xuan.

Everyone knows that in Zhang Xuan's martial arts hall, all those cultivated are die-hard loyalists and protégés of the Son of Heaven. Li Dingguo was grateful for Zhang Xuan's trust, but he also felt panic.

If he is not trusted by the emperor, he will not end well if he is a heavy general. In addition, he is not Zhang Xuan's descendant, so he is more cautious.

After Li Dingguo arranged this, he put his mind on the battle.

He thought about it carefully and immediately ordered that all the Tusi be called for a meeting in Guiyang.

Between Guizhou and Sichuan, there are many mountain roads, and the traffic is not very convenient, for these lands, Tusi is the master here, not Wu Sangui, nor Li Dingguo.

Even whoever can win over more Tusi to surrender will be able to stand on the phoenix first in the confrontation, so Li Dingguo can't pay more attention to this matter.

The same goes for Wu Sangui.

First of all, there were great envoys on both sides, gathering all the large and small toasts from all over the country on their side. For a time, the envoys kept coming and going, fighting with each other.

There's everything.

It's just that it's still a little bit close to the battle of the army. The great war in Sichuan has not yet started. However, there have been new changes on the battlefield of the stalemate in Korea.

The reason for this change was that the Qing court threw new forces into Korea.