Chapter 075: Great Popularity

PS: I have returned to my hometown in the countryside to settle down, and the insomnia problem is gone after returning home. The countryside is quieter, there is nothing to disturb, you can concentrate on giving you code words, and start speeding up the update today.

The capital, the center of power in the Ming Dynasty, did not live in peace this summer. First, Li Sancai, who was greedy for the Donglin Party, was arrested, and then Li Sancai died violently in the prison of the Criminal Department.

Li Sancai's violent death has generated a lot of rumors in the market.

In the court, Zhu Youxiao took advantage of the problem and no longer agreed to detain corrupt officials in the prison of the Criminal Department, and it was impossible for the Donglin Party to get people from the Labor Reform Bureau to the prison of the Criminal Department in the future.

And the newly established mint, at this time, it was a busy scene in full swing.

The silver from a furnace is smelted into molten silver, which is then separated from the other metals, mixed with 10% molten copper, and then poured on a mold.

As the workers got busy, silver dollars were minted.

This is especially true in the case of copper coins, which are also infused with cheaper metals, each containing 85% copper, and each coin weighs one penny and two cents.

Zhu Youxiao has been extremely concerned about the mint recently, which is related to a huge amount of financial revenue.

Now the provincial money bureaus across the country have been abolished by Zhu Youxiao's decree, and the coinage right has been completely withdrawn. Naturally, the Royal Mint could not smash the signboard.

Early in the morning, Zhu Youxiao drove out of the city and came to the Mint.

Looking at the silver dollars, copper dollars, and copper coins minted piece by piece, Zhu Youxiao couldn't help but show a happy look on his face, picked up a piece of silver dollar, blew it on his mouth, and then divided it to his ear to listen. took a closer look at the style of the silver dollar, which also made Zhu Youxiao very satisfied, the silver dollar he designed was still quite beautiful.

In terms of copper coins, Taichang Tongbao is still minted, after all, it has been less than a year since the death of the cheap father, and the pouring of Taichang Tongbao still can't be heard.

Wait until next year, and then mint the Apocalypse Tongbao!

Taichang Tongbao is a large-character copper coin, and the text is very clear. Zhu Youxiao took it in his hand, and Yang Guorui, who accompanied the emperor to inspect the mint, said: "Your Majesty, the money minted by our mint is definitely of high quality. ”

"That's good." Zhu Youxiao nodded with satisfaction. Then he turned his head to Tian Ergeng, the commander of the Jinyi Guard who was guarding him out of the palace, and ordered: "Tian Aiqing, you immediately let the Jinyi Guard thoroughly investigate the minting of coins throughout the country, and try to wipe out the phenomenon of privately minting copper coins as much as possible." ”

"Obey." Tian Ergeng received the order, and then said: "Your Majesty, it is a capital crime for this private people to mint copper coins, but there are still people who take risks. In the opinion of the ministers, Jin Yiwei made an inventory and issued a list for the people to report. And even if an accomplice reports it, he will be given a generous reward and can be exonerated from the crime. ”

"Exactly." Zhu Youxiao nodded, it was obviously the most effective to dismantle the criminals from within. Just like the anti-drug in later generations, those drug dealers were often sold by insiders.

After all, it is impossible to engage in the private minting of copper coins alone, and under the severe crackdown of the imperial court, everyone will beat the drum in their hearts, thinking that one day they will be cut off by the imperial court. In this case, it is better to report the accomplice, not only can you be exonerated from the crime, but you can also get a rich reward.

Even if you don't have this mind, you will doubt whether others have this mind. After a long time, mutual suspicion arises, and once suspicion arises, it often means that there is no longer unity, and it is very likely that someone will go out and report it.

Even if you close people up and mint them privately, you can't do it, someone has to ship the copper coins out for distribution! Someone has to take over the copper coins, right?

There are more people involved, and if one link goes wrong, these criminals will be hit.

The next question is the issue of issuing silver dollars, can this thing be accepted by the people? So Zhu Youxiao decided to try to publish it first.

That is, in a non-mandatory way, the use of silver dollars and copper dollars is recommended to bank depositors.

With the minting of the first coins, the Royal Bank of Daming soon launched silver and copper dollars. When depositors withdraw money, banks will recommend them to withdraw silver dollars and copper dollars. And with the Daming Royal Bank as a guarantee, as long as the silver dollar and copper dollar are obtained from the bank, they can be exchanged for silver.

This kind of silver dollar is still a relatively novel thing in the north. In coastal areas such as the south, silver dollars have already flowed in, but the silver dollars in this matter are limited to the scope of collection, and have not yet entered large-scale commercial circulation.

Some depositors soon discovered that silver and copper dollars were extremely easy to use. First of all, they are exactly the same in terms of fineness, and there is no difference in weight.

In the era when there was no silver dollar circulation, the fineness and weighing of silver were more troublesome. Ordinary people take silver to buy things, and when they are delivered, they are not only troublesome, but they also don't understand these things, and they are easy to be deceived.

However, with the Royal Bank's silver dollars, not only do you not have to worry about being cheated, but it is also very convenient when it comes to delivery, as long as you count the number of silver dollars, and there is no need to pay attention to the fineness and weight. So how do ordinary people usually trade?

In daily life, ordinary people do not need to use silver directly, after all, a pound of pork is only a dozen yuan, so the common people will first take the silver to the money bank to exchange it for copper coins, and then go to the street to buy things.

The huge amount of money will be bought and sold, and the money bank will be eaten. The real trouble is those trading activities of a few taels or a dozen taels of silver.

Another thing is that these silver dollars can also be exchanged for silver at the Royal Bank. This means that the value of the dollar will not be affected regardless of its fineness. It is the same as paper money, after all, paper money is not a precious metal, but through guò national credit, paper money can have purchasing power.

These silver dollars were only nine silver and one bronze, and sometimes they were in better condition than many silvers.

The first batch of one million silver dollars prepared by the Daming Royal Bank, but it was sold out by the people and merchants in less than two days, and many people and merchants took a pile of silver to exchange for silver dollars, and the popularity can be imagined.

On the streets of the capital, many merchants and ordinary people with silver and copper dollars soon appeared. What is even more satisfying to the people and merchants is that the silver dollar of the Daming Royal Bank is very well calculated with the copper dollar and copper coin.

One silver dollar is equal to 500 yuan, a large copper dollar is equal to ten yuan, and a small copper dollar is equal to five yuan.

After the rapid issuance of the first batch of silver dollars, it was obviously far from satisfying the needs of merchants and ordinary people, and many business people still went to the bank to change money every day.

Some want to exchange copper coins for silver dollars, and some want to exchange silver coins for copper coins and silver dollars.

Especially those who do small business, they even come to the bank to exchange a lot of copper dollars and copper coins. Because since the silver dollar was issued, there were people who took the silver directly to their stall to buy things. A biscuit of two or three cents is also bought directly with silver dollars. They don't have enough copper coins to find them. Some people collect too many copper coins, and they have a lot of copper coins in their hands, so they have to exchange them for a whole number.

It's just that the silver dollar is temporarily gone, and they can only exchange it for silver.

A few days later, the Royal Mint minted another batch of silver dollars, which were sold out by merchants and the common people as soon as they were issued that day.

What makes people and merchants even happier is that the old copper coins can be exchanged for new copper coins in the bank. The copper coins poured by the Royal Bank this time are all made of sufficient materials, and the fineness is also excellent. The characters on the copper coins are also big characters, and the quality is very good. But not every copper coin poured by the emperor after ascending the throne is like this, many of them are different in weight and fineness, and many of them are not popular when they are bought and sold.

But now, as long as you take those inferior copper coins to the bank, they are all exchanged 1:1, unless it is a copper coin that has been scraped by someone, scraping copper is a very common criminal method, and it is relatively hidden. Because of the unreasonable design of the text and borders, some copper coins can be scraped a lot in a day, and then it is profitable. And those finely poured copper coins, it is more difficult to scrape copper, and it is not enough to pay for a busy day, so few people will scrape copper.

The currency of the Daming Royal Bank is undoubtedly the busiest, counting copper coins, strengthening the fineness of silver, and weighing.

However, labor costs are secondary, and they are still not worth mentioning compared to the profits of minting.

Among these activities, only the exchange of old copper coins for new copper coins may produce a certain loss. After these old copper coins are recycled, all of them are used to smelt and pour new copper coins, which will naturally produce some losses, after all, there will be labor costs, and the copper content of the old copper coins must also be a loss for the bank.

But in order for the currency market to be unified, it is also necessary to do so. And at most, it will lose a few million silver dollars, which is still affordable.

Because the supply of copper in the mint is still unstable, and at present, it mainly relies on the purchase of copper from private mines, so the amount of copper coins poured every day is limited. Every day when the Royal Bank just opened, there were people queuing up outside early to redeem huàn, and when they went late, there was no more.

The popularity of silver dollars and copper dollars was simply beyond Zhu Youxiao's expectations, and he didn't expect it to be so smooth.

Tian Ergeng, who is responsible for cracking down on the illegal minting of copper coins, came to report it the day after the whistle-blowing system was released.

It's just that what this Tongzhou merchant reported was not about minting money, but that the Tongzhou businessman was preparing to unite with the Jin merchants to run on the Royal Bank.

After Tian Ergeng found out, he knew that the problem was strict, and hurriedly entered the palace to report to the emperor.