Chapter 176 Opening a bank to issue banknotes
In this way, Lin'an's independent judicial system was established. + The reaction of the people to hearing the news was novelty, cheering, supporting. Because one of the things that is particularly important here is the protection of private property. Although it is said that the land and residences of the Great Song Dynasty are also privately owned. But they are not protected by perfect laws. For example, the people of Jiangnan were deeply affected by Song Huizong's Huashi Gang a few years ago.
Under the pretext of transporting strange stones to the emperor, the corrupt official Zhu Mian wantonly looted the people's property, and the people were miserable, and even forced Fang La's troops to resist. Zhu Mian's excuse is very simple, for example, if you have a beautiful stone at home, they can take it for free under the pretext of offering it to the emperor.
Even if you don't have stones in your house, they can fabricate that you have stones in your house and put a seal on your house, saying that there are important things that the emperor needs, and you can't live in this house. You have to move out all of them. When you move out, they don't want to unblock you. You need to bribe him with money, or he will buy your house at a low price.
How can the people be convinced by this wantful encroachment on the people's private property?
Now Li Yibai's laws clearly state that private property is protected, and officials are not allowed to encroach on it at will. This greatly boosted the morale of the people to work hard and make money. No matter how much money you make, you don't have to worry about being taken over by officials in vain.
At the same time, Li Yibai exempted all kinds of harsh taxes and miscellaneous taxes, and the commercial circulation of the people was more convenient. Of course, this tax is collected by the prefect of Lin'an. In the end, the money was divided equally between the prefect and the prefects.
Now Li Yibai has canceled all these taxes. He uses a fairer approach to taxation. He ordered the officials of the government to recount the household registration, especially the merchants in Lin'an. Each merchant is taxed according to the level of income, rather than sharing it equally. This relieves the tax burden on small businesses.
Although individual large merchants may be a little dissatisfied. But Li Yibai canceled those harsh taxes and miscellaneous taxes. They are also victims of exorbitant taxes. And Li Yibai protected their private property, and on top of these benefits, it is still happy for most large merchants to charge some more taxes. After all, it is easier for them to make money, they are earning more, and the extra tax they pay is obviously negligible.
And they also know that the taxes collected by Li Yibai are not taken away by the officials and gentlemen privately, and a small part of these taxes are paid to officials as salaries. Most of them are used for public construction in Lin'an. Like the paving and bridge building in Lin'an, the education development in Lin'an, the street cleaning in Lin'an, and so on.
Now the people are more energetic in doing business, almost everyone goes to do business, and the traveling merchants who originally came to Lin'an have been incorporated by Li Yibai as workers. Those original merchants have no vicious competition from traveling merchants, and their incomes are more stable. Even better, the abolition of those exorbitant taxes would make it easier for goods to circulate everywhere, and they would not have to worry about officials blocking the gates to collect taxes. This makes it easier for them to make money.
Moreover, the Integrity Act and the Intellectual Property Protection Act make it easier for them to do business and develop science and technology. Although the science and technology of the Great Song Dynasty are not as powerful as those possessed by Li Yibai. But Da Song also has some innovations, which are not as good as advanced winemaking technology. Someone because of the intellectual property protection law, he licensed his brewing technology to others. Of course, others paid him.
So in the end, the winemaker simply stopped opening the brewery himself. He relied on authorization to sleep during the day and still have money in his pocket. Others can make money when they see this. Of course, I learned more from him. Many iron-striking people also began to study technology, and after registering patents, they would license them to others to make money.
The people of Lin'an are walking on the streets, and the streets are more prosperous than usual. Because there are so many people doing business, many lazy people who used to be idle have also started to do business, because they don't have to worry that their hard work will be taken away by others.
The people were busy trading goods on the streets, and at the same time, their hearts were more relaxed. The criminal activities on the street also disappeared, because everyone felt that King Wu was doing this, and it was even more blue than the Great Master of Qingtian.
'The sky in Lin'an is too blue. So what do we have to worry about? ’
One of the people said.
'yes. In the past, Li Xiaosan stole chickens and dogs, but now he is also doing it. He said that in the past, he thought that those rich people who were officials did not make a fortune by hard work, but relied on plundering and greedy ink. He spits on the ways of the world.
Now it's different. King Wu ruled Lin'an and implemented a series of good laws, and now the officials will not be as arrogant as before, and the officials are greedy for ink, and the people can report to the procuratorate, and once the procuratorate verifies, they can apply for an arrest warrant like the court. The officials are also honest and do not dare to plunder the people as unscrupulously as before. ’
Another man said, holding the greens
Li Yibai's family.
Long Wu came to see Li Yibai.
When Li Yibai saw Long Wu walk into the room, he asked, 'Son, have you eaten?' ’
'I've eaten, Daddy. Ryugo smiled and sat down.
How is Lin'an's economy doing now? Li Yibai sat down and took a sip of tea and asked lightly.
'It's been a very good situation, with the implementation of these laws, coupled with the functioning of our independent judiciary. Officials did not dare to plunder and disturb the people. Nowadays, the business activity of the common people is very high. I sent someone to do a survey, for example, Li Ergou's family killed 5 more pigs a day than before the reform. The attendance rate of Gao Peng Restaurant is also much higher than before. This is the whole business of Lin'an has been revitalized.
The main reason is that the people have no worries, no excessive taxes and miscellaneous taxes, and are more active in investment, entrepreneurship, and hard work. And because of the fairness and justice of tax collection, they also dare to spend their surplus money.
Both of these have stimulated economic growth at the same time. Consumption is strong, employment is growing, because the growth of employment promotes consumption.
Dad, we think it's a bit of a hassle to monitor their business activities like this. We should open banks, and banks can regulate the economy. ’
Long Wu said excitedly.
'Hmm. You're right. Opening a bank has been in my mind for a long time. Now that the business is revitalized, it is time to open a bank. In this way, I moved a bank directly from the United States, and all the equipment was modern, which saved trouble and increased efficiency. Their depositor information is stored on a computer.
Then you build branch outlets in various neighborhoods of Lin'an, and at the same time, you call all the bosses of Guangyuan Qianzhuang and others over and let them join them, after all, they also have to eat, and we can't make them unemployed because of the reform. ’
Li Yibai, who was thoughtful, said lightly.
'Okay, Dad. I'll go to them and tell them. Dad, you're moving a banknote printing factory, so let's just issue banknotes. After all, Lin'an's money is all silver and copper money, which is inconvenient to trade. Moreover, the issuance of banknotes is in the best interest of us in regulating the economy. ’
Long Wu said with a smile.
'Hmm. Yes, you're smart. Issuing banknotes, we can suddenly become the richest person in the Great Song Dynasty. And because the power to print money is in our hands, we can arbitrarily regulate the economy, develop and build, and even fight currency wars. ’
Li Yibai smiled faintly.
'Alright. Let's all go our separate ways. Saying that, Li Yibai soared into the sky and disappeared.
Long Wu also went to gather the treasurers.
Soon, Li Yibai moved to a bank. This bank is a 20-story building, the vault is on the upper floor, and the security facilities are complete, and it is impossible to steal the money in the vault with the ability of the Great Song Dynasty thief.
All bank counters are equipped with computers and ATMs.
The banknote printing factory, Li Yibai did not spend a lot of effort, there was originally a private banknote printing factory in the United States, Li Yibai spent a lot of money to make this factory re-engrave a new set of banknotes.
He named the set of banknotes Jiangnan coins. And the smallest number and the largest denomination are printed with his head. And the 10 and 5 pieces are printed with the head of Miss Gong Er. On the back of the currency are the scenery of West Lake and other famous scenery in other parts of the Yangtze River.
In this way, the banknote printing factory also moved over.
As soon as the banknote printing factory landed, Li Yibai ordered the technicians to immediately work overtime to print banknotes. However, 100 million yuan of Jiangnan coins were printed in two days.
Li Yibai was very happy.
Finally, Li Yibai's Lin'an People's Bank opened.
On the day of the opening, Li Yibai, Long Wu, Liu Erqiu, Miss Gong Er and others cut the ribbon.
All around was full of people who had come to cheer.
'Smack. Li Yibai cut the satin.
'Bang bang bang. The crowd applauded.
'Congratulations to King Wu, congratulations to King Wu. Congratulations to Wu Wang's bank opening. ’
Some of the shopkeepers of the money bank said one after another.
Li Yibai waved his hand to calm everyone down.
He said, 'Listen to me. Our bank is different from other banks. He has too many benefits. One of the benefits is that there is no charge for saving money, but the interest also increases. At the same time, the money you deposit can be withdrawn at all outlets in Lin'an, which is convenient and fast.
That's not the point, though. The point I'm going to talk about today is this bill in my hand. ’
Saying that, Li Yibai shook the Jiangnan coin in his hand again. This is a 1,000 yuan Jiangnan coin with his head printed on it.
'In my hand is the latest currency issued by our bank, Jiangnan currency. Jiangnan currency is also a kind of banknote similar to Jiaozi.
But I am more stable than Jiaozi, because I dare to boldly guarantee that this 1,000 yuan Jiangnan coin can be exchanged for 1 tael of silver in my bank at any time. ’
Before Li Yibai's words fell, the people around him were all talking.
'Ahh The value of silver is very stable, and there are few major changes, so much so that the value of copper coins depreciates greatly. He dares to promise to exchange silver forever, so this Jiangnan coin is very valuable and trustworthy. (To be continued, please search, the novel is better and faster!)