Bailiyan went to the warehouse to get some medicine and turned out two "Dihan ginseng".

"Dihan ginseng" is the name of the Central Plains, and the people of Jin Xuedi call it "cold fast", which is very intuitive, and it is the magic medicine to heat and suppress fire.

It is produced in Jinxuedi Guannei, and the price is not too high in Jinxuedi, but there is no such medicine in the Central Plains before this, so the Central Plains is still a very valuable medicinal material, which is the seeds and herbs he brought back from the southern expedition.

Because Xianguo is located in the subtropics in the north, it is not suitable for the breeding of this kind of medicine, so the seeds of cold ginseng are handed over to Su Fangyi, and they are planted by Yuke in the territory of Yuke, where the latitude is moderate, the altitude is high, and the temperature in autumn, winter and spring is slightly lower, so it can be planted.

Last year, Yuke sent an envoy to Xianguo to procure, and Su Fangyi brought a lot of drugs from the south to bring back seeds for breeding, and Dihan ginseng was among them.

The first time I used cold ginseng to dispense medicine, and after I got the compatibility, I didn't dare to use it more, so I only paid two dollars. At night, I poured a decoction on Xuan'er, and the effect was immediate, and the body temperature dropped in the middle of the night.

The next day, Bailiyan went to the National Qianfang, and Qianfang set up one city trough chief and two city trough envoys.

After the establishment of Qianfang, he continued to use the official position of the city envoy, and the city trough envoy was equivalent to the vice president, and the mayor of the city was equivalent to the president, and was under the dual leadership of the tax department and the big farmer.

Soon after the establishment of Qianfang, Xuanting Hou Qiaolian and his son were undisputedly elected as the president and vice president, responsible for the daily operation of Qianfang.

This time, in order to cast the cannon, Qianfang produced 250,000 gold and silver treasures, which could have been profitable and dividends at the end of the year, but because of the casting cannon, he also lost more than 90,000 yuan, and Xuan Tinghou was definitely not happy in his heart.

"I said son-in-law, what did the king do with the 250,000 yuan he borrowed, it's been almost half a year, why is there no sound at all, when will the lost account be repaid."

"The money must have been spent in the right place, as for the loss of more than 90,000 yuan, after the finance and taxes are put into the warehouse at the end of the year, it will be replenished to the money mill."

"But there are still 160,000 yuan, and there are four profits in it, how can you say that?"

"I said, father-in-law, don't I want money? At present, the treasury is the time to use money, and the king naturally has the use of the king, and now that he has used it, he will not treat his father-in-law badly in the future. ”

"Then the virtuous son-in-law, you came, didn't you pay off the debt?"

"No, it's for borrowing. I heard that the people of Beihai, Dongyuan, Suidang, and Jiangdong counties want to borrow money to buy some farming cattle, but the money shop there refuses to lend. ”

When Xuanting Hou heard the news, he was vigilant:

"Who did the virtuous son-in-law listen to?"

"Son-in-law, I have my own way, so I asked my father-in-law if there was such a thing."

"Since the virtuous son-in-law asked, the father-in-law will not hide it from you. Yes, there is such a thing, but it is not that the money shop does not give loans, but the local people are too poor to pay back the loans. ”

"Why can't you afford a loan?" Bailiyan asked.

"Now a ploughing ox in the prime of life, the cheapest one gets forty pieces of gold and silver, the old money gets more than one hundred and thirty yuan, and the expensive fifty or sixty yuan of new dollars is also available.

Taking Jiangdong County as an example, the local area still implements the old land system, even if the tax is calculated at 50 percent, a family of five will be deducted from food and clothing for a year, and before the summer harvest of the next year, there is not much surplus grain in the family that can be sold for discount, not to mention that in many counties and counties, there are even less than three people in a household, and they are all old and weak.

If Qianfang lends 40 yuan to buy cattle, although it can increase productivity, according to the current repayment rate, even if it is calculated according to a household of five, it will take ten years to pay off at the earliest. Son-in-law, you don't let the repayment rate rise, and the money will not be collected until the Year of the Monkey, in case there is a drought or the cattle die, what should I do? ”

The loan repayment method of Qianfang is roughly divided into three types, one is to repay the loan on a regular basis, the main object is businessmen, business owners, and Haoqiang, and the second is designed for nobles and knights.

The third type is aimed at the ordinary class, with labor as collateral and the family as the overall unit, and the family can repay the loan at 5% of the total after-tax output of the subsistence and leased land per acre, and the economic ability permits, and the debt can be repaid in excess of the official standard, but it shall not be forced to repay the debt higher than the official standard.

It is also allowed to convert crops, livestock, poultry, cloth, oilseeds, etc. into money, and one person borrows money to repay the whole family, and after the loan is paid off, an additional three-year repayment period is added as the interest on the loan.

Theoretically, it can be paid off in 14 and a half years, but in fact, the new field method is implemented, and the yield per mu of thin fields is at least two stones after the new accumulation method and seedling raising method, and the yield of medium fields and fertile fields can reach three to four stones, or even more.

Therefore, under the Xintian Law, the capital county and Yongxing, Zhongxing, Longsheng, Tailai and other places have sufficient people, and the tax is only 30%, which can be completely repaid within three or five years or even three years, and the life of the family is not even bad during the loan period.

However, after the four counties of Beihai, Dongyuan, Jiangdong and Suidang stopped the new policy in 634, they basically regressed to the old field system before 630.

At the same time, the war drained a large number of young and middle-aged people, the productivity declined, and the income from land went into the hands of the local powerful and powerful, and the taxes of the imperial court could not be collected, so they had to raise the tax to fifty percent, so the vicious circle, Qian Fang did not dare to lend money to the four counties of Beihai, Dongyuan, Jiangdong and Suidang,

In addition, the six-year war of Qianyue Mountain has exhausted the savings of the Central Plains countries, and the loss of financial, animal and manpower is huge, and the Zhiguo and Song States have stopped exporting cattle to the Xian State as early as 631 in the Shengyuan Dynasty in order to support the expenses of the Qianyue Mountain.

Forty Singapore dollars for an ordinary age ploughing cow, based on the purchasing power of 12 years, 12 years ago a cow is equivalent to 278 yuan of gold and silver Tongbao in Singapore currency, 45 yuan of old currency, and now the old currency is 1230 yuan, and the old currency has tripled.

After Qiao Lian finished pouring the bitter water, Bai Liyan paused for a moment and said after a moment's thought:

"Uncle Yue, the new policies of the four counties of Beihai, Dongyuan, Suidang, and Jiangdong will not be implemented for the time being, but the loans must be put down as soon as possible."

"But the money can't be recovered, and there aren't so many cattle to sell, what if you can't pay it back or run away."

"Then change the method and change the household to the village, and borrow money from the money square in the name of a village. Buy one or two heads this year, buy one or two heads next year, buy one or two heads every year, and the whole village will repay the loan together. ”

"Then, who does the cattle belong to, and whoever plows the land at that time, and other households that do not have cattle to cultivate the land will also repay the debts together, can the other village households agree?"

"There are no adult males in the family, and those who have been killed in battle by their husbands, sons, and fathers are given priority in the use of oxen, followed by those who are in the service of the family, and those who have strong laborers in the family last.

As for the repayment of debts, based on the surplus grain after tax of the whole village, those who use cattle will pay more, and those who use less cattle will pay less. In this way, a village can be as few as dozens of households, or as many as hundreds or nearly 1,000 households, and it can repay the loan of one or two cows in a year, or even more of the cattle. ”

"Oh...... That's a good idea, but where do you get the cows? ”

"There will be a batch of adult ploughing cattle in the cattle farm next year, and the lieutenant general will eliminate thousands of unusable pack horses, which were supposed to be killed for meat, but I have detained them. These horses can also be used for farming, and the horses can be rented to farmers in the name of money mills, but the rent should be reduced so that the farmers can have something to eat. ”

"Well, I'll have a charter drafted right away."

"In addition, my son-in-law and I have recently pondered a new method, if my father-in-law thinks it is okay, he can first ask Qianfang and the tax department to discuss and draw up a charter, and then try it out in Dujun and Zhongxing, Yongxing, Longsheng, Tailai and other places."

"Oh, what's the new way?"

Qiao Lian hurriedly asked, Bai Liyan took a sip of water and continued:

"Natural disasters such as drought and flood and reduction of yield per acre of fields occur once in five years, or once in ten years, or even once longer, and each time, the people suffer once, or there is no harvest, or a poor harvest, so a small amount of baht can be collected in ordinary years, and when there is a famine, the money fang pays some money to compensate for the loss of the disaster year. At the same time, the government can also provide disaster relief in the year of famine, so that the people can live in peace in the year of disaster. ”

"According to the virtuous son-in-law, the baht collected is only stored in the treasury and cannot be turned into profits, and it will be distributed in the famine year?"

"No, this natural disaster does not happen every year, occasionally once in five or ten years, and at the same time it is not a disaster in the whole country at the same time, but locally, such as the drought that hit the Central Plains in that year is only a hundred years, so that the financial resources of everyone for several years and more than ten years, pay for a small loss of a place, so that people will not starve to death, so that the surplus profits will be owned by the money fang, in addition, this method can also be used in agriculture and industry.

This is the draft of the "Crowdfunding Tianbao Law" drafted by the son-in-law, and if the father-in-law has any questions, he can send my brother-in-law to ask me at any time. ”

About two years ago, there was a serious accident in Yongxing City, which killed 18 people, and the government office paid more than 1,000 yuan for this bereavement pension, and if there was insurance, the money would be paid entirely by the insurance company.

Since then, Bailiyan began to consider planning the insurance system, because the scale of the gunpowder workshop doubled last year, and this year a large number of nitrate pools were newly set up to produce nitrocellulose, in case of an accident, the casualties will be extremely heavy, although the current human life is not valuable, but with the current productivity, the minimum compensation is not a small amount, the insurance system is imminent.

The "Crowdfunding Tianbao Law" is an early insurance in line with the current background, covering many fields of agriculture and industry. Yongxing City has a large industrial base, while Chenling has a well-developed commercial base, and there is enough space to support the initial insurance market.

Agreed with Qiao Lian on the Tianbao Law, and Bai Liyan checked the general ledger of income and expenditure in the last half year.

Deposits in various places have increased very rapidly, and the development of Qianfang has exceeded expectations, and the powerful and powerful in various places cannot resist the temptation of interest, and only the gold and silver deposited by the powerful and powerful have reached more than half of the original capital of Qianfang. Of course, it is not excluded that there are capital deposits of the Jin State that eat interest.

In order to facilitate the profit of the money square, the payment of deposit and loan interest is more flexible, in addition to cash payment, it can also be paid with designated barter. In order to attract rich people to deposit, Bailiyan racked his brains.

Because pearls have changed from rare to artificial rotation planting, the characteristics of rare and expensive things have changed, the price of pearls has fallen all the way, and the three kingdoms of Jin, Weiguo and Changsun have joined forces to short pearls, and the price of ordinary pearls has fallen from four hundred to seven or eight hundred inches of silver ten years ago, to seven or eight inches of silver four years ago, and the best is only forty or fifty inches of silver, which can no longer be described by waist cutting, but bleak.

To this end, Bailiyan suspended the export of pearls, on the one hand, let the price rise, so that the previously exported pearls were gradually digested by the market.

On the other hand, it is used to pay interest, develop by-products such as pearl powder and pearl paste, and disperse the influence of pearl products on the market. In addition, a batch of five-year-old pearls with a diameter of 16 to 18 mm, or even larger, was cultivated.

When the only resource is completely monopolized, the price will eventually become a seller's market.

After a few years of recovery, ordinary pearls have risen from seven or eight inches of silver four years ago to 30 inches of silver now, and high-quality pearls can be sold for 150 inches.

Large pearls are directly priced at 500, and the quota system is implemented, so they can sell so much in a year, and no matter how much they are sold, they artificially create scarcity, forcibly raise the market price back to a reasonable price, and use it to pay interest.

In addition, glass products, high-grade porcelain, fine cotton cloth, etc., ordinary industrial life products, and luxury goods produced in Yongxing City can be used to pay interest.

It is worth mentioning that in order to develop new products, in 636, Bailiyan opened an unprecedented Ejiao workshop, boiling Ejiao from donkey skin, and after two years of promotion and sales, the benefits of Ejiao have been widely accepted.

Of course, depositors can not accept the interest paid by the physical barter of the money square, but the rich do not lack food or clothing, what is lacking is what the public has and I don't have, unless you don't need it, as long as it is what you need, and the products monopolized by Bailiyan, the price of the same commodity on the market, will be more expensive than the spot paid by interest.

For example, a large box of the best carefully selected and refined pearl paste, the market price is 25 inches of silver, and the interest is paid instead of 22 inches of silver, and the market price of Ejiao is 20 inches of silver and half a catty, and the interest is paid on behalf of only 18 inches of silver.

But whatever I monopolize, what you don't have, and what you want or need, you can pay interest.