At the beginning of the Ming Dynasty, paper money was also issued, which is the so-called Ming treasure banknote, but because the paper is too poor, regardless of region, it is issued indiscriminately, and only issued but not collected, so that the treasure banknote is flooded, causing serious inflation, depreciation is very fast, so soon the common people have abandoned it, to the Zhengde years, the imperial court had to abolish the treasure banknote, and then more than 100 years, the Ming Dynasty has never issued paper money.

In other words, the silver ticket is not actually money, but a kind of exchange voucher, you can use it to buy things at any branch of the issuing firm, but if you want to buy things from other firms, you must first exchange the silver ticket for silver taels.

The reason why the Ming treasure banknote was not successful, in fact, the biggest reason is that it is only issued and not received, that is to say, you exchange gold and silver for treasure banknotes, it can no longer be exchanged for gold and silver, you can only take it as money, Ming Taizu Hongwu even forbade the people to buy and sell gold and silver, which is equivalent to breaking the foundation of paper money, plus regardless of the law of economic development, it is only a matter of time before it is abandoned.

Zhu Cijiong summed up the lessons of the failure of the issuance of Daming treasure banknotes and the successful experience of the issuance of banknotes in later generations, and combined with the function of silver bills, he personally wrote a notice of the issuance of new silver bills for the Daming Royal Nikko Bank, which was written in detail:

The first point is that it is clearly pointed out that the Daming Royal Rixing Bank is the institution used by the emperor to manage money, which can be confirmed from the Chongzheng Tongbao issued by the joint account department of the Daming Royal Rixing Bank, and all the gold, silver and copper coins in circulation in the Daming market are all issued by the Daming Royal Rixing Bank.

The second point is a solemn promise that the silver bills issued by the Daming Royal Nikxing Bank can be exchanged for gold and silver and Chongzheng Tongbao at will, whether it is the old silver notes or the new silver bills now.

The third point, in particular, is that the silver notes issued by the Daming Royal Nikko Bank can be used to purchase goods in any branch of the Daming Royal Xinglong Firm, the Daming Royal Western Commerce and the Daming Royal Machinery Group, and can be used as gold and silver and Chongzheng Tongbao.

Fourth, I would like to remind all merchants who hold the old silver notes of the Daming Xinglong firm to exchange the old silver bills in their hands for new silver bills or gold and silver as soon as possible, and the old silver bills can still be used now, but in order to facilitate management, after five years, the Daming Royal Nikko Bank will abolish all the old silver bills issued by the Daming Xinglong firm.

Finally, he also mentioned the advantages of the new silver bill, such as beautiful and durable, easy to carry, and convenient exchange, and gave the new silver ticket a particularly loud name "Dragon Coin", and called on all businesses and ordinary people to accept and use the Dragon Coin.

As soon as this notice was published by the "Beijing News", it set off a wave of craze in the whole territory of Daming, not that Zhu Cijiong belonged to his name behind the notice, this notice was issued in the name of the Daming Royal Rixing Bank, the reason why the people of Daming will be so interested in the new silver ticket, mainly because of the "Shengshi Daming" calligraphy contest held last month, the notice of the contest said that the Daming Royal Rixing Bank will shrink the jackpot work of the painting to the newly issued silver ticket, how exquisite will this silver ticket be?

Of course, the title of dragon coin is also an attractive place, dare to call it a dragon coin, how good is this new silver ticket? Almost everyone wants to see it.

So where are the dragon coins to see? First of all, all the Ming officials have it in their hands, and last month their Yulu rose by fifty percent, and the current one is three times as much as before, but this new fifty percent is paid with dragon coins.

Then, all the Daming Royal Nikko Bank, Daming Royal Xinglong Firm, Daming Royal Western Commerce, Daming Royal Machinery Group also have the semicolons, not only one by one, one by one, but also a lot of exquisite glass frames framed up a complete set of dragon coins, front and back, twenty-six, neatly rowed, for people to see.

For a while, all the semicolons were crowded with people watching the excitement, and the front of this dragon coin was actually a five-clawed golden dragon! And it is also printed with a special gold dye, which is sparkling and exquisite; There is also the back, which is really printed with all the paintings of the first prize of the "Shengshi Daming" calligraphy and painting competition, which is wonderful.

The golden dragon, the Forbidden City, the Great Wall, the bridge, the warship, the train, all attract the attention of the people, such a beautiful pattern, even if it is not money, just take it out to relatives and friends to see it is also more face!

As a result, almost all the branches of Daming Royal Nikko Bank, Daming Royal Xinglong Firm, Daming Royal Western Commerce, and Daming Royal Machinery Group have set off a frenzy of exchange!

The Ming Dynasty has entered the peaceful and prosperous era for a few years, and the common people do not say that they all have tens of thousands of yuan, and there are still dozens of yuan at home, which has always been a thousand Wen, and the smallest denomination of a dragon coin is only worth ten Wen, who can't afford it.

Generally, the common people who come to exchange are five, two, and one cent, a set of eighty cents, which accounts for almost half;

Those who have money are all five cents, two cents, one cents, five cents, two cents, and one cent, a total of 880 yuan, and this kind of person accounts for nearly half of them;

The richer big families, that is, all the dragon coins come in a set, and the total is less than two hundred taels of silver, and the big families are not short of this money;

There are also the kind of super-rich local tyrants who simply buy the frames together, and buy a few sets at a time, or even dozens of sets, what is this for? Take it and give it away, what a face!

In other words, are the people of Daming crazy, and they actually exchange real money and Chongzheng Tongbao for paper!

In fact, they are not crazy at all, they are tired of looking at it and take it to buy things or directly exchange it for gold and silver or Chongzheng Tongbaobei, Daming Royal Nikxing Bank, Daming Royal Xinglong Firm, Daming Royal Western Commerce, Daming Royal Machinery Group have this reputation, this dragon coin can definitely be used as money when any of their semicolons!

This boom was unexpected, Zhu Cijiong did not expect, he originally let the Daming Royal Nikxing Bank leisurely print, if the issuance is too much, it will be the end of inflation, but I didn't expect that this boom together, the Daming Royal Nikxing Bank can not be printed, and even the semicolons in many places have sent a telegram that the supply of dragon coins is urgent!

Especially the small denomination, the smaller the denomination, the tighter the demand, the Daming household department and the Daming Royal Nikxing Bank jointly opened the banknote printing factory to continue to add equipment, and constantly increase the amount of printing, which is to withstand this trend, not let the Ming dragon coin appear out of stock.

Don't underestimate these taels or dozens of texts, there are more than 100 million people in the Ming Dynasty, and it is very difficult for one person to come to a set of dozens of texts, not to mention that many people are coming to a full set, and it is not a set of two sets, so that the issuance of dragon coins has risen from 10 million taels a day to 20 million taels a day to ensure continuous delivery.

This situation is obviously abnormal, even if the Daming Royal Nikko Bank has a good reputation, even if this dragon coin has just been issued, it is understandable that the amount is a little larger, but it is a bit exaggerated to 20 million taels a day, what is going on?

In fact, there are many promoters behind the scenes, the biggest promoter of this is the officials of the Ming Dynasty, these officials are all understanding people, they all know that the imperial court cannot give them continuous increases for no reason, and they understand when they see the dragon coins sent down, this is the imperial court is letting them promote the dragon coins.

Before the Chongzheng Dynasty, no one would be stupid to do such a thankless thing, but now it is different, because they all know that Daming Royal Rixing Bank, Daming Royal Xinglong Firm, Daming Royal Western Commerce, Daming Royal Machinery Group are really rich, rich and rich, and it is absolutely true that dragon coins can buy things from any of their semicolons.

More importantly, each of them has a tight spell on their heads, that is, the assessment of the imperial court, the current Jingcha plan is not a joke, it is a real assessment, very strict, like this kind of thing that the court has made clear to promote, it will definitely be included in the next assessment project, as long as the promotion is good, not only can they keep their official positions, but they can even be promoted, so they are racking their brains to promote.

What is the fastest way to promote, these officials really know, the fastest way is to build momentum, they more or less have some juniors and students, let them use the new silver ticket to buy things, let them tout the dragon coin, let them coax to raise the popularity of the dragon coin, so that it is strange that it does not form a craze.

In this way, it has even led to other private businesses being kidnapped, very simply, the boom is together, many people take dragon coins to buy things, you don't accept dragon coins, don't charge me to buy things at the branch of the royal firm, they will definitely accept it!

At the beginning, most of the private businesses were refused, but it didn't take long for them to be unable to bear it, all the businesses of the royal family were getting better and better, and they were getting hotter and hotter, but their business was getting worse and worse, and the bad ones were almost unable to open the pot.

Besides, it's actually nothing to receive, it's a big deal to go to Daming Royal Rixing Bank every day to exchange for gold and silver or Chongzheng Tongbao, they will definitely change it for you!

In this way, the dragon coin was really promoted in the territory of Daming, and the promotion speed was so fast that even Zhu Cijiong didn't expect it!