Chapter 158: Losing Money in Minting
The second master really couldn't refuse his son's gift, this feeling of tickling his heart, he couldn't refuse, he was promoted, and he said to Shangguan that he hadn't figured it out yet. Pen, fun, and www.biquge.info
The second master took a handkerchief from the maid's hand and cleaned his hands, and said to Lin Yudao, "Let's go, I am your old man, and I should teach you!" Hurry up! ”
Lin Yuzhi followed behind the second master and went to the study.
Wang watched the second master being called away by Lin Yuzhi, where was he still in the mood to eat? I hope that this time Dabi's son can overpower him, and his breath can be smooth.
Qian Fatang, households, two departments are placed, each has a money bureau, belongs to the household department for the Baoquan Bureau, the money for the national funds. The money hall of the Ministry of Industry belongs to the Baoyuan Bureau, and the money minted is mainly used for various project funds under the management of the Ministry of Industry.
Each province also has a coinage bureau, such as Zhili for the Baozhi Bureau, Shanxi for the Baojin Bureau, etc., each of which mints coins and circulates them.
The Ministry of Industry Yu Hengqing is in charge of smelting and casting money, procuring copper, lead and sulfur, and appointing and removing the supervision of the Baoyuan Bureau.
These heavy metals such as copper and lead are needed to make money.
It can be said that the yamen that the second master is in charge of now happens to be what Lin Yuzhi cares about.
"Tell me, what's the matter?" The second master sat down in the study and asked.
"The son's important thing is to congratulate his father on his promotion to the position of Yu Hengqing official of the Ministry of Industry."
The maid in the study served tea to the two and then stepped back.
"Hehe, you are obedient and sensible, and you can talk about it directly!" The second old man took a sip of tea and said with a slight smile.
"This Ministry of Industry Yu Hengqing is in charge of smelting and casting money, and my son wants to ask about the proportion of copper and lead, the weight of money and money, and the cost of coinage? Can the father tell the truth? Lin Yuzhi didn't want to be too polite and entangled, and asked bluntly.
The second old man frowned, stood up and said, "Today, we continue to use the example of copper six lead four when the first emperor, copper coins weigh one penny and four cents, and now the second bureau of Baoquan Baoyuan casts 602,687 strings of 400 wen every year, and each string requires 124 coins of silver, 3 cents and 7 millimeters and 5 cents, and each string of money is worth one or two silver, and each string loses 4 coins and 3 cents 7 milli5 cents, and a total of 298,737 taels of silver is lost every year, and the loss is very serious.
During the first emperor's reign, the proportion of coinage and the weight of copper coins were reformed many times, and now the loss of coinage is serious, if there is no countermeasure, the Baoyuan Bureau is also under great pressure. This is also something I have only known about since I was promoted, alas.
What are you asking all this for? These have nothing to do with you, you have to focus on the imperial examination! If you have nothing to do, go back to the academy, and prepare to go to the government for your father. ”
This matter is not something that he can manage as a scholar, and he has just taken over the affairs of Yu Hengqing of the Ministry of Labor, and this matter has been used since he ascended the throne today.
"Father! Why did the coinage bureau lose money, and the imperial court still minted money according to the example of copper six lead four, and copper coins minted by one penny and four points? Lin Yuzhi also got up hurriedly and asked.
The second old man sighed and said, "During the first emperor's dynasty, the weight of copper coins was changed from one coin and four cents to one penny, and the copper and lead casting were adjusted many times, which greatly reduced the weight of money and the proportion of copper used in coinage, and the cost of coinage was indeed reduced. However, the price of copper coins soon changed from expensive to cheap, and the money was easy to stagnate and the value was too cheap. With 100,000 taels of silver, you can exchange for 140,000 hanging of new coinage, the price of the money is very cheap, and the people can not stop minting money privately, so that the people are full of grievances!
After Emperor Kangqian, he changed back to customization, and the weight of each piece of money was one penny and four cents, and the weight of copper coins returned to the ratio of copper six lead and four. Emperor Rongjing's accession to the throne has also continued this old practice.
Then the copper six lead four cast copper coins, the color is bright, the handwriting is clear, the weather is very good, if the composition of the copper is reduced, the money is blurred, bright and not as before. After all, this is the face of the dynasty, and it is also used for future generations. The important ministers of the DPRK and the central government may not be unaware of this drawback, and now they have been in charge of the household department, and this matter should also be counted. Accumulating disadvantages is not a momentary effort, this is a big matter, you must not talk about this matter lightly, and you must not be willful, otherwise I will be the first to disagree. ”
The second master's advice is not unreasonable, his son asked about this matter for no reason, whether it was occasional curiosity or other ideas, he couldn't let him come nonsense. This is also to see his meritorious contribution to today's congratulatory gift, so I said a few more words to him.
"Yes, father, the son is just curious, the father is in office, the son will not delay his father's time, and the son will also go back to the academy to study." Lin Yuzhi saw that he had asked everything he wanted to know, and he didn't stay any longer, and said goodbye to the second master.
The second master nodded in approval, "Well, the imperial examination is your big deal, you understand, go ahead!" "Send Lin Yuzhi out.
Lin Yuzhi paced back to the Surprise Feather Courtyard, thinking about the matter as he walked, sorting out the information obtained by the second master.
The coinage system has been continuously reformed, but whether it is changing the proportion of copper and lead casting, or increasing or decreasing the weight of copper coins, these reform measures have lost their meaning due to the lack of copper used in coinage and the high price of copper. Reduce the cost of minting money, and the price of copper coins in the commodity market will immediately drop sharply, resulting in chaos in the economic order of the commodity money market; The cost of coinage was raised, and the price of copper coins quickly increased, but the coinage bureaus suffered serious losses, and the coinage business faced a serious crisis.
Now the coinage is in a dilemma, the fluctuation of the price of silver will also become a major problem that plagues today's economic development and social stability, and it is imperative to carry out a comprehensive reform of the coinage system.
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After saying goodbye to the second master, Lin Yuzhi went to the old lady's house to say goodbye, which was a proper courtesy.
The old lady also has some regular encouragement, and the old lady has a better impression of this grandson now, but she still values her grandson more.
With the old lady's current number of paragraphs, she was able to cope with it easily, and she quickly sent Lin Yuzhi away.
Lin Yuzhi doesn't care, there are many sons and grandchildren, palms and backs, relatives are far away, the truth is always like this, it is understandable.
Out of the old lady's yard, Lin Yuzhi went to Aunt Zhou's courtyard again. Greetings, greetings, giving things, and giving silver, all due to it has not been left behind, and filial piety to Aunt Zhou is due.
Aunt Zhou pushed it a few times, and she also knew that her son was capable now, and she got 5,000 taels of silver for just one book, and her son could earn silver, so it didn't hurt to spend a few dollars on her son.
"Don't worry about your aunt, everything is fine in the house, you study hard in the academy and gain fame, your aunt is happier than anything else!" Aunt Zhou smiled and encouraged.
Lin Yuzhi should be, drank a cup of tea, and said goodbye to Aunt Zhou and returned to Jingyu Courtyard.
Peach Red and Willow Green have also packed up Lin Yuzhi's utensils, clothes, etc., so naturally they will say goodbye and send Lin Yuzhi out.
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