Chapter III Banks
"The emperor, the queen mother, since the new version of the silver dollar has been confirmed, the next step is not to print in batches. iā
Seeing that the emperor and the queen mother were very satisfied with the silver dollars that were being printed now, Yue Su said while the iron was hot.
"What the Qing family said is very true, the next step is naturally to print a large number of them, and this matter will be handled by the Qing family." Zhang Yan said.
"Wechen obeys." Yue Su agreed, and then said: "There is no problem with the mass production of silver dollars and silver horns, and the minister dares to guarantee that within a month, five million taels of silver dollars and silver horns can be produced." However, on the issue of exchange, it seems that there is a need to add an additional yamen. The newly established yamen, the ministers have already thought of the name, it will be called the National Bank, I don't know what the emperor and the queen mother want? ā
"Monetary reform, to face the world, it is indeed necessary to add a yamen, the name of the National Bank, it is indeed good, the emperor approved it. It's just that...... How many officials should be set up in this national bank, and what should be the name of the chief officer? Zhang Yan said.
"The minister thinks that the chief official of the National Bank is good to be called the president, and the number of official residences can be decided by the emperor. There are not many officials under it, and there are not many of them, a few people can be transferred from the household department to take charge of their affairs, and other people do not need to have grades. However, in the future, when the exchange is circulated in all provinces of the world, it is necessary to open branches and appoint a group of branch presidents, and among these people, except for the branch presidents, the rest of the subordinates do not need to be given grades. Yue Su said.
"Yes, Yue Qing supervised it single-handedly. The first president of the National Bank, the mourning family thought that it would be good to appoint Yue Qing to take charge, after all, all things were handled by Yue Qing, and if he changed to someone else, the mourning family and the emperor would not rest assured. As for the grade, like the Metropolitan Procuratorate, the president is set at the third grade, and when the national bank runs for a period of time, Aiqing can guarantee others to be appointed. Zhang Yan said.
"Thank you, Your Majesty, thank you Queen Mother. i"The Empress Dowager let Yue Su serve as the first president of the National Bank, and Yue Su had to repay the favor after thanking him, only to listen to him and then said: "Your Majesty, the Queen Mother, the matter of printing currency is a matter of the world, and it cannot be disposed of by the State Bank alone. At the same time, it is also necessary to set up a royal history within the National Bank to supervise it. ā
Although this national bank has just been established and is not particularly conspicuous, Yue Su is clear about the great power of the country. Therefore, he offered to let the inner palace send someone to supervise. After all, at the time of coinage, the internal officials and supervisors were also released.
Zhang Yan nodded and said: "What the Qing family proposes is, so be it, as the Qing family said, the Inner Palace will set up a mint bureau, as for this palm seal eunuch, let it ...... Zhao Zhi will take the role. ā
"Your Majesty, the Queen Mother. In addition, the minister believes that after the introduction of the new currency, there must also be a decree. For example, unauthorized coinage, this crime is the most significant, and it can exterminate the nine clans. Yue Su proposed again.
"Yes, minting coins without authorization is equivalent to rebellion, and it can exterminate the Nine Clans." In these years, unauthorized coinage is equivalent to robbing business with the imperial court, and of course it must be punished severely and expressly prohibited.
But then again, the cost of making fake silver coins is not low, unlike today's paper and pen, which can be printed with paper, you can make fake silver dollars, at least a lot of silver on hand, the common people are not stupid, whether it is silver, you can see it at a glance. It's like Yuan Datou, if you blow it, you can still make a sound, how can you fake.
To put it bluntly, if you want to make a fake silver dollar, first, you have to be rich, and second, you have to have a certain way. The current legislation to impose a felony on unauthorized coinage can at least have a deterrent effect, so that these people who have the ability to counterfeit will have to weigh before they do it.
Next, Yue Su began to get busy with the affairs of the National Bank. The first step is naturally to set up a national head office, and what Lord Yue wants to do must be vigorous and resolute, and soon a large mansion was selected and construction began. Then, in the city to collect stores, start branches, the huge city of Beijing, without nearly a hundred branches is not enough. At least every five or six streets, there has to be one.
Don't look at Lord Yue, who has never worked in a bank in his previous life, but he still knows a little, plus a group of household officials help, it won't take long for the bank to be in shape. Yue Su has the intention to carry out deposit and withdrawal business, but in this year, gold and silver will not be moldy, and the people have a little money at home, all of which are kept at home, who will let others keep it, so it is really unrealistic to carry out this business now, so it can only be put away.
After a month, according to Yue Su's plan, five million taels of silver dollars and silver horns were all made. Yue Su ordered it to be distributed to various branches in Beijing, began to exchange, and also sent a lot of account offices to supervise the reconciliation. With Lord Yue sitting as the president, who dares to eat the bear's heart and leopard gall and cheat from it, they are honest one by one, for fear that there will be problems with the accounts. It can be said that the imperial court has allocated you 50,000 taels of silver dollars and silver horns, and when the time comes, you will send back the head office as much silver as you exchange.
The proclamations of the imperial court were also plastered all over the streets and alleys of Beijing and various shops, ordering the people and merchants to use the currency customized by the imperial court for future trading, and the original gold and silver should not be used again, but must be exchanged at the bank. The court does not lose you, one tael of silver is exchanged for one silver dollar, the amount is equal, and it is equivalent to the use of one tael of silver.
Not only that, the large and small yamen in Beijing, including the spies of Dongchang and Jinyiwei, were all dispatched to supervise openly and secretly, and the objects of supervision were all merchants, and whoever dared not to use customized currency transactions would be punished as conspiracy.
Since the imperial court said so, merchants and ordinary people had to go to exchange money with a try-and-see attitude. When I got to the bank, I saw that the newly issued currency was also silver, and it was very beautifully made, and the amount was sufficient, so what else could I say, so I exchanged it normally. After all, the court did not fool people with Jiaozi.
Exchanged into a unified currency, the merchant is actually happy, in the past, to give more to less, to weigh the silver, now unified, there is no need to work as hard as before, but also to take silver scissors to break the silver, everyone is worry-free.
The capital is the largest trade distribution center in the north, there are countless merchants who come and go, if you want to do business here, you have to exchange currency, otherwise no one dares to do business with you, even eating, drinking, living and living, no coin, it is not good. Therefore, many foreign merchants have to go to the bank to exchange money. Anyway, it's all silver, and foreign merchants have nothing to say, and everyone knows that it won't be long before the whole country is the same.
The capital is like a tide of silver, whether it is a peddler or a dignitary, as long as you want to spend money, you have to exchange it first, and the first five million taels of silver issued will be exchanged in less than five days. Fortunately, Lord Yue had already prepared, and in the past five days, he has not been idle, in addition to collecting the silver that has been exchanged and continuing to print, he also transferred another one million taels of silver from the household department to rush the work, and also suggested that the Queen Mother take out the inner money and make it into silver dollars. even told the Queen Mother that the silver exchanged was still owned by the royal family. This is a good way to make money in Da Nei, of course Zhang Yan is willing, and immediately allocated three million taels to Yue Su from the internal funds, and quickly printed money for me.
There are many rich people in the capital, and there are thousands of taels of silver at home, and there are countless of them, and when they are exchanged, they can be exchanged for at least more than 100 million taels of silver. Sometimes, the silver dollars in each branch are not enough to change at the end of the day.
The imperial court currency system reform, in the city of Beijing, the officials were given silver dollars, and the taxes were also collected with silver dollars, no matter what they did, they had to use silver dollars.
Thousands of craftsmen of the Mint worked day and night, and in only two months, the imperial court rushed to produce a total of 30 million silver dollars. Aside from labor and other expenses, the profit can be twenty percent of seven or eight, and when calculated, it almost made nine million taels of silver. Is there a more profitable business in the world than printing money, don't look at it is not printing paper and pen, just printing silver dollars, it is fat enough.
The Queen Mother paid three million taels of silver as a cost, and she earned more than one million yuan, and she was smiling every day, and she admired Yue Su even more in her heart, so she simply increased her investment, and almost took out all the internal money, eight million taels of silver, and printed money for me.
A Beijing city can earn so much, and the whole country will implement it, so how much will it earn.
Soon, Yue Su Xingwen Beizhili was fully carried out in Beizhili. Beizhili has jurisdiction over Shuntian, Baoding, Hejian, Zhending, Shunde, Guangping, Daimyo and Yongping. In the city, there is a second-level branch, the branch president is one level lower than the local prefect, and there are ten first-level branches, forty second-level branches, the president of the first-level branch is from the seventh grade, and the second-level branch president is from the eighth grade. In each county under the government, there is a first-level branch, four second-level branches and ten third-level branches in the county, and the president of the third-level branch is Jiupin. The towns under the county, depending on the size of the town, such as large towns, have one second-level branch and two third-level branches; For example, in small towns, there are only one or two third-level branches.
At the same time as the development of the North Zhili, Lord Yue also sent people to the South Zhili to open a first-class branch in Nanjing, the president is from the third product, no matter how to say it is Nanjing, the first-level branches of other provinces, the president gives the fourth product. Nanzhili has 14 prefectures under its jurisdiction, namely: Yingtian, Fengyang, Huai'an, Yangzhou, Suzhou, Songjiang, Changzhou, Zhenjiang, Luzhou, Anqing, Taiping, Chizhou, Ningguo, Huizhou, and Beizhili, which began to select locations to open banks. During the construction of the bank, silver, silver dollars, silver horns, molds, and skilled craftsmen were transferred from Beijing to Nanjing by water.
Nanzhili locality, all at one time, there is also some suffering, Yue Su means starting from Nanjing, and then to the provinces. The first-level branch in Nanjing and the second-level branches in the subordinate provinces have the right to make silver coins on their own, but they need the supervision of the imperial court.
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