Chapter 995: Where Did the Silver Go?

After the discussion of the cabinet meeting, Wang Guoguang, the left servant of the household department, was appointed as the minister of the Qincha, and Fang Fengshi, who had already gone south, presided over the overall situation of the southeast together to prevent the run. Pen fun and pavilion www.biquge.info

Privately, Tang Yi assured Yang Bo that the Department of Transportation would do its best to help through the difficulties. No matter from which point of view, Tang Yi strongly supported Heshengyuan and Jin Shang, otherwise how could he hand over his nest to Wang Guoguang?

However, Tang Yi's full cooperation made Yang Bo feel no comfort, and the doubts in his heart became stronger and stronger.

The surname Tang is not a good stubble, let alone his filial son and grandson, why did he spare no effort to escort Heshengyuan? The more Yang Bo thought about it, the more he felt that there was a problem inside. But he can't say, where is the problem, the southeast is in a depression, the funds are broken, there is a run, everything is logical, the Jin merchants have not encountered crises in the past, in fact, Yang Bo is very clear that danger and opportunity coexist.

As long as every turmoil survives smoothly, the golden signboard of Jin Shang will be aggravated, and the phoenix will be nirvana, and this is the reason for being reborn from the ashes.

No matter what tricks Tang Yi plays, how many families the pass or Jin merchants have, and whether they can deal with the open guns and hidden arrows of all parties.

He immediately returned to the Tianguan Mansion, these days, the Zhang family, the Wang family, the Yang family, the Ma family, the Huo family, and the Jin merchants have all gathered several pillars, and more than a dozen major shareholders of Heshengyuan have also rushed to the capital.

In the past year or so, Hop Shing has issued a total of 35 million silver dollars and 120 million bank bills, totaling 155 million yuan.

Hearing this figure, Yang Bo's face changed wildly, according to the original estimate, as long as 50 million yuan was issued in the first year, and then gradually increased, within five years, it would reach 200 million yuan, and the traffic industry would share the world equally, and replace it.

Why did it only take a little more than a year to complete seven or eight percent of the original plan?

If you eat a fat person in one go, you will choke!

The directors and shareholders of each family were also full of difficulties, they didn't want to expand so fast, but the Ming army defeated Alta in a battle and recaptured the Hetao, which was a piece of fat meat larger than Shanxi, full of business opportunities, sheep raising, and building workshops.

The big guys are scrambling to borrow money, and seeing the God-given opportunity to promote silver dollars and bank bills, how can they let it go!

Who would have thought that the crisis would come so quickly, and the steps that had been buried too much before, finally tasted the bitterness.

But they are still very confident.

Zhang Yunxia said: "Yu Pogong, those silver dollars are widely drunk, and they are similar to real silver, so there will be no problems." The risk is on the bank bills, 120 million seems not small, but compared to the accumulation of our Jin merchants, it is nothing. In the case of the five of us, the deposits, shares, fields, workshops, as well as the wine, rice, tea shops, inns and commercial houses in various places, all converted, at least more than 200 million taels, plus other large Jin merchants, we can come up with 300 million taels, enough to deal with the current crisis! ”

Wang Chonggu's brother Wang Chongguan also said: "We have a thick enough foundation, but we are afraid that it will not work well, and if there is a problem in one place, everything else will be finished." The top priority is to stabilize Suzhou and the southeast, as long as it lasts for a while, the situation will be much better. ”

A group of veterans who play with money, they got together, discussed repeatedly, and they all thought that they had the ability to overcome the difficulties in front of them.

Although Yang Bo is still up and down in his heart, but the big guys say so, he can only be good.

The major families began to take out their family foundations and inject capital into Heshengyuan.

At the same time, Yang Bo used his connections to put pressure on local officials everywhere, asking them to maintain market stability and strictly prevent runs. At the same time, the Jin merchants sent people to Lianghuai, and reached an agreement with the salt merchants, and moved 30 million taels of silver from Lianghuai, and put them into the market when necessary.

These alone are not enough, the major money banks of the Jin Merchants have launched measures to deposit with interest to absorb deposits, plus they also use newspapers and keep writing articles to tell everyone that finance is safe and that Jin Merchants are reputable......

After a set of combination punches, the run momentum in Suzhou was actually suppressed, and although other major cities also had sporadic runs, they did not produce much movement.

The Jin merchants breathed a sigh of relief, it seemed, they still overestimated the risk, just when the big guy was about to celebrate with the crown, suddenly an explosive news came, a Ming merchant fleet was ambushed near Malacca, three big ships sank, and only one escaped.

According to the reports of the escaped crew, it was the Spanish fleet that robbed them, and there were more than ten ships.

It is really intolerable for a country's fleet to engage in piracy, and the newspapers in the southeast immediately carried out a series of articles and reported on it in a big way, and the people were indignant, and some even shouted that they would send troops to teach the barbarians a lesson.

After another twenty days or so, Lin Afeng, the king of Luzon, and Xi Muyun, the governor of Luzon, jointly sent a letter of urgency to Daming.

According to Xi Muyun's report, the Spanish fleet of twenty or thirty warships gathered in Malacca, and the rest of the Xiyi countries responded one after another, preparing to attack Luzon, and the war was about to break out, and I implore the kingdom to send troops to rescue Luzon immediately.

Of all the vassals, only Luzon paid tribute, and every time gold, copper ore, fine timber, spices, and jewels were delivered in whole ships.

Receiving gifts softened Longqing's heart, such an obedient vassal country was unprecedented. As the Ninety-Five Supreme of the Ming Dynasty, Longqing categorically could not tolerate the destruction of the vassal kingdom by Xiyi.

He immediately summoned the ministers into the palace, and Tang Yi suggested that Yin Shidan should supervise the South China Sea, build warships, reorganize the strength of the naval division, and prepare to fully aid Luzon, for which the military department allocated 800,000 taels of silver for preparation for war.

What seemed to be an inconsequential matter in the financial markets detonated the whole crisis...... Spain has been the largest source of silver for many years and the largest trading partner of the Ming Dynasty.

Originally, the trade volume of the city's shipping division declined, and the big guy couldn't figure out the reason, but now the truth is revealed, and some things can't be covered.

As soon as the news of the war between Daming and Spain came out, the first reaction in the market was that the price of silver soared.

Originally, a large amount of silver flowed in, and the ratio of silver and copper coins once dropped to 800 copper coins for one or two silver, after the news came out, the price of silver rose rapidly, and in half a month, it took 1,200 copper coins to exchange for one or two silver, which rose by fifty percent!

People have always been blind, seeing the soaring price of silver, they have hoarded silver, and even the price of silver dollars is skyrocketing, but Hesheng Yuan is not happy at all.

Because the silver dollars on the market seem to have evaporated out of thin air and have disappeared without a trace.

There is a serious shortage of silver in the major commercial banks, after more than ten years of development, the original silver and copper coins are equally important, due to the abundant supply of silver, large weight, low value, very inconvenient copper coins have gradually withdrawn from the bulk trade, but among ordinary people, daily shopping is still used.

At the moment, the big guy has to take out the copper coins that are almost moldy, deposit them into the ticket number, exchange them for silver, and pay for expenses.

In March alone, the Heshengyuan branches in the southeast exchanged more than 13 million taels of silver, and exchanged a large number of almost useless copper coins, and the good banks became copper banks with copper odors everywhere! I can't refuse.

Heshengyuan wanted to cry without tears!

"Jin Shang is known for his stability, it's really not easy to let them make mistakes!"

Tang Yi smiled faintly, the Jin merchants took over the issuance of silver dollars and bank bills, in fact, there is a huge loophole, that is, they can only issue silver dollars, but not copper dollars, in other words, the power to mint copper coins is still in the household department, copper and silver, both are the legal tender of the Ming Dynasty.

As a bank, the ticket number must accept copper coins.

Originally, the silver price was stable, the financial operation was healthy, and nothing could be seen, but the problem came out, and it was a fatal loophole!

At the beginning, the Jin merchants only saw the benefits of issuing currency, but forgot about the risks, did not think carefully, blindly swallowed the sugar-coated shell, and now finally tasted the bitter fruit.

"Xiangye is clever, Jin Shang is afraid and can't imagine that the precious silver will be taken away like this, what a trick!" Zhou Qinyun smiled and admired.

"Miss Zhou, what do you think I'll do next?"

Zhou Qinyun raised his eyebrows, "Where can the slave family know Xiangye's thoughts, but I guess you want to run on it in a big way, and crush the Jin Shang in one go?" ”

"No, no, no!" Tang Yi smiled, "I will issue an order in the name of the cabinet to allow the major ticket numbers to refuse copper deposits, or deposit copper for copper, and not exchange it for silver, so as to reduce the burden on Jin merchants." ”

This Shousuke-sama has a brain problem, he was kicked by a donkey when he was a child, and then he was squeezed by the door? A good lore game, you always release water to help Jin Shang tide over the crisis, what are you thinking in your head?

Zhou Qinyun was full of suspicion, but Tang Yi just smiled mysteriously and didn't say much.

He personally invited Yang Bo and Zhang Siwei, discussed briefly, and immediately passed, and the next day, he issued an order to the provinces with an expedited rate of 800 miles.

When the official document was transmitted, Zhou Qinyun deduced repeatedly, and suddenly felt cold, so frightened that he almost fell.

Tang Xiang, where are you helping, it's like sending people to a dead end!

Originally, the crisis was only confined to the southeast, mainly in Suzhou and other places, and this order was tantamount to announcing to the people of the world that a catastrophe was coming, and the panic and run would definitely not only be in the southeast, but would spread to the whole country.

Zhou Qinyun is different from Shen Meijun's self-proclaimed goddess of wealth, she is the core of the real Dongting Mountain Gang, holding tens of millions of assets in her hands, calling for wind and rain in the southeast, and no one can match her ability to make money.

But with Tang Yi, she always felt like a fool, and she was an out-and-out bad person, yes, she was a good person, because compared to Tang Yi, she was simply too kind.

After the cabinet's order was issued, the situation in the southeast suddenly improved, and people no longer deposited copper coins and took silver, including the Qincha kingdom, which was relieved, and the speed of silver outflow decreased significantly...... Before they could be happy, Nanchang, Jinan, Huizhou, Jiujiang, Huai'an, and Fuzhou had terrible silver famines.

Take the price of grain as an example, when the original green and yellow were not available, a stone of grain cost more than one or two, and now a stone of grain only costs twelve dollars of silver, but don't be busy, if you use copper money to buy grain, you need an astonishing three thousand Wen!

Almost everyone is asking the question: where does the silver go! (To be continued.) )