Chapter 409: Tightening the Monetary Root

After a war, the Annam Zheng group temporarily ended with a failed retreat, but the war was not over. After the Zheng group withdrew, it was ready to completely resist, and the Ming side was also prepared to fully suppress the Zheng group.

The focus on the ensuing negotiations was on both sides.

The principled demand put forward by the Ming Dynasty was that the Zheng group completely gave up military power, and the entire military power of Annam should be controlled by the Ming Dynasty. Politically, it can still retain greater interests for the Zheng Group.

Giving up military power means that you may be slaughtered, but the Zheng group has no better choice. Even if they put up a stubborn resistance, they obviously couldn't resist the Ming army with heavy machine guns. The heavy machine gun used by the Ming army at this time is like something from the science fiction world, which makes people feel incredible.

The Zheng group did not hold out any hope of victory, and it was already the best result to be able to win political interests, so they chose to compromise and accepted the conditions of the Ming Dynasty.

Da Ming is actually compromise, after all, the people of Annam are not used to the direct rule of the Ming Dynasty, and if the Zheng group is completely eliminated, there will be no suitable replacement force in Annam for a while and a half, and it is acceptable to give the Zheng group some political benefits.

Under the compromise between the two sides, a treaty was soon signed, in which the Zheng group accepted the conditions of the Ming Dynasty, completely renounced military power, and at the same time politically accepted the decrees of the King of Annam, who was a puppet controlled by the Ming Dynasty.

This treaty, known in history as the Treaty of Hanoi, reaffirmed the Ming Dynasty's suzerainty over Annam, as well as its military control over Annam. In addition, the treaty also dealt with customs and trade policies, but did not require Annan to pay compensation.

Although reparation is an important means of bloodletting, and the effect is fast, it has a bad reputation after all. With the industrial and commercial level of the Ming Dynasty, there is no need to bleed Annan through indemnity.

The Annan Revolution was suppressed in less than half a month.

The most shocking thing is the heavy machine gun that appeared on the battlefield, 1,000 Ming troops faced 100,000 Annam troops and slaughtered 80,000 enemies.

When the news came back to the capital. The top brass of the military was stunned. For the first time, they realized that the thing that the emperor had made was proper black technology.

Isn't this a black technology? In this era, it's like a weapon in the science fiction world. It is a heavy machine gun with a theoretical rate of fire of 600 rounds per minute, and an effective firing range of thousands of meters, and the actual killing distance can even reach 1,500 meters. In front of the soldiers of this era, these data are indeed very sci-fi, and they are something that they could not have imagined before.

As for the question of cost, this war proved that cost is not an issue. Instead. These heavy machine guns offer significant cost savings.

After the army is equipped with heavy machine guns, its combat effectiveness has increased by leaps and bounds, and it can win more with less. Basically, there were no cold-weapon troops that could defeat the Ming army under machine-gun fire. When the imperial court took military action, there were fewer troops to mobilize.

There is no need to put so many soldiers into battle, which is of great significance for preserving the country's economic strength. Historically, the tyrants, despite their achievements in foreign expansion, have usually perished with reckless force, detached from the actual capacity of the productive forces of society. Detached from reality, the common people are naturally miserable. The world is in chaos.

Since Zhu Youxiao's registration, the territory of the Ming Dynasty has expanded unprecedentedly, and the expansion distance is far greater than that of previous dynasties. However, Zhu Youxiao did not use all kinds of military force, but first vigorously developed the economy and productive forces, and then carried out military expansion. The strength of the standing field army did not exceed 300,000.

To put it bluntly, it is to follow the line of elite soldiers and develop specialized military affairs. Unlike many emperors who like to expand abroad, with a wave of their hands, a million army will go out on a mighty march.

True to the rapid development of military technology, so that the Ming Dynasty can be more economical in military expenditure. Heavy machine guns on the battlefield in Hanoi. It has been tested by war.

Both the weapon itself and the tactics applied are impeccable. However, the military factories have gained some improvement from this war, and that is the problem of machine gun mounts.

The news of Hanoi's victory also quickly appeared in major newspapers.

However, the report is very vague, only mentioning that the Ming officers and soldiers annihilated the 100,000 Annam army with small casualties and achieved a perfect victory.

As for the heavy machine gun, there was not a single word in the newspapers.

At this time, the heavy machine gun still belonged to the list of 'strategic weapons' of the Ming Dynasty, although it was not highly secret, but it also tried to avoid hype, so as not to steal military technology from any enemy country.

These machine guns are backed up in the army, and if they are missing, they must be traced. At the same time, the production technology and drawings of machine guns are also highly confidential contents of military factories.

The victory over Annan added a lot of joy to the end of the tenth year of the Apocalypse, and the common people knew that the imperial court had won another battle, and set off firecrackers to celebrate.

The victory in foreign wars has now brought many benefits to the common people.

The imperial court's expansion and colonization of Taiwan, Nanyang, and the Indochina Peninsula had brought a large amount of tropical cash crop output and a large amount of commercial grain to the Ming Dynasty.

Now that grain prices and textile prices have stabilized, the people have sufficient income, and people's livelihood has improved significantly, at least food and clothing are not a problem.

It's just that the times are developing, new imbalances are constantly being created, and the basic right to survival in the future is no longer a matter of food and clothing.

Many people have made a fortune through overseas commerce, colonization, and development activities.

This victory in Hanoi made more businessmen go to Annam to do business. In this Annan Change, the imperial court quickly repelled the Zheng group, and quickly signed the "Hanoi Treaty", which was very beneficial to ensure the personal safety and property safety of Ming industrial and commercial personnel in Annam.

The situation in Annam found very obvious changes after the war, first of all, the Ming Dynasty really controlled the military and political power of Annam, and the administrative system of Annam was completely reduced to the puppet of the Ming Dynasty ruling Annam.

By giving up military power, the Zheng group soon became the lackey of the Ming Dynasty's rule of Annam, thus sharing the benefits of the rule. Even if Daming kicks this puppet regime away in the future, there will not be any big crisis in the Zheng Group, at least the safety of life is no problem, and this result can be accepted by the frightened Zheng Group.

After the Annan regime became a puppet. The scope of trade has been expanded again, and tariffs have been adjusted directly to a very low level.

For Annan's financial expenditure, Daming also has the power to plan.

Usually, when European and American countries colonize a country economically, they fool these countries into building a large number of non-civilian facilities, which are usually only enjoyed by the rulers, and the profit margin is very large. So as to spend the loan or something.

Zhu Youxiao felt that this was not necessary. Instead, let the Annan government spend more on education, and the development of education is indeed a good thing. But in terms of education projects, it is Sinicization education.

It is equivalent to the Annan government paying to help the Ming Dynasty further Sinicize the people of Annan, and then when the time is ripe, it will be easy for the Ming to annex Annan.

The normal customs tax rate is as much as it is, and it is only necessary to adjust the level of tariffs by looking at the import and export demand of various commodities, and there is no need to comprehensively reduce Annan's import tariffs in this regard. However, tariff manipulation is definitely needed, and many of the goods of the Ming Dynasty need to pour into Vietnam in large quantities.

After the Kingdom of Annam was completely reduced to a puppet of the Ming Dynasty, steel products and textiles completely entered the entire market of Annam. Annam's logging industry, mining, agriculture and other industries have all developed rapidly under the investment of Daming Capital.

The people of Annam are still surviving with a large amount of capital investment. After all, there is no need to worry about the job, but there is more dirty work and tiring work, and at the same time, there is no way to compare with the people of Daming in terms of remuneration. In addition, the taxation of the Kingdom of Annam can also be used to regulate the income of the people of Annam.

This is a plundering and oppression, by plundering Annan, let the Annan people do more things, produce more, and the Ming will earn more benefits. And these interests can be used to appease internal contradictions, that is, to transfer internal contradictions to external contradictions.

It's just that the Ming Dynasty is a big country. It is impossible for the imperial court and state-owned capital to earn profits overseas to spend money directly on the people, so that the people can be lazy and do nothing. The money is mainly used for construction, especially to subsidize the construction of economically backward provinces.

The people of Annam were very discouraged by the defeat. However, the subsequent signing of the Treaty of Hanoi did not cause much public outrage, and the treaty did not require reparations. Second, there is no requirement for land cession.

In addition, the Zheng group was completely absorbed by the Ming Dynasty and became the lackey to maintain Annan's rule, and then Annan was quickly pacified.

At this time, Annam was not a big country, there was also a Champa state in the south, and the land area of the Khmer was much larger than that of later generations. The Phnom Penh region is still owned by the Khmers.

Compared with the turbulent situation in Annam, the part of Champa and Khmer is very stable, and the Champa and Khmer regimes are more obedient, and there is not much resistance to the implementation of Han culture.

In addition, the population is not so large, but the arable land resources are very rich, and the large influx of Ming commodities has given birth to these commercial rice cultivation in the Indochina Peninsula.

At this time, Zhu Youxiao was busy in the capital with the financial budget for the coming year, and at the end of the eleventh year of the Apocalypse, the financial revenue of the Ming Dynasty rose to 780 million.

After the rapid development of the previous few years, the economic development of the Ming Dynasty began to slow down, and the rapid development will come to many problems, so it is not advisable to continue to adopt radical economic development policies, the economy is easy to overheat, and the people are easy to keep up with the rhythm.

For the development of the 12th year of the Apocalypse, Zhu Youxiao decided to continue to slow down, and this slowdown was mainly in the issuance of private loans, and began to implement a semi-austerity policy. In the issuance of banknotes, it is only to ensure that there is no deflation in the market. However, a policy of large-scale construction is still adopted for major projects such as telegraphs, roads, shipbuilding, and water conservancy facilities.

The rapid development of the economy in recent years is related to the continuous lending of banks to private capital. But such stimulus policies cannot last forever, the bubble will be blown bigger and bigger, and the gap between rich and poor will widen.

Banks have shrunk their monetary policies, reduced the issuance of private loans, and cooled down the economy as the basic argument of the 12th year of the Apocalypse, and of course it is impossible to release a dime at once.

Under Zhu Youxiao's reform, the Ming Dynasty is now taking the new road model of socialism, which is different from the industrial harvest of the capitalist country.

When the consortia of capitalist countries harvest capital, it is often the banks that lend frantically, and suddenly do not release a penny, and then start their gluttonous feast, harvesting a large number of fine assets. At that time, a large number of enterprises will close down, a large number of workers will lose their jobs, and the people's livelihood will be miserable.

The most basic principle of the Ming system is to ensure the country's macroeconomic stability, build a stable social environment, even if the economy is not good, but also let the people get the basic nutrients for survival, that is, in the adjustment stage, life is not as good as before, but it will not be impossible to live.

In fact, the prosperity of ordinary people does not depend on partial wealth during economic prosperity, but on positive wealth obtained through hard work. Therefore, it is not too difficult for the state to make ordinary people rich, as long as the commodity production capacity is sufficient, and then the treatment of workers is improved, and the wealth distribution is done well, the workers can become rich.

Therefore, in the countries of the new socialist model, the pains of economic adjustment are only temporary for ordinary people, but they can allow the impetuous atmosphere to settle down, and after the precipitation, a new round of wealth distribution mode will come.

In the more than ten years since he ascended the throne, Zhu Youxiao has been stimulating the economy, and the effect is indeed very good. On the one hand, the increasing influence of the imperial court, the continuous victory in foreign wars, and the reform of the administration of officials have improved the discourse and credibility of the imperial court. However, with the development of industry and commerce, a group of people took the lead in becoming rich, but many workers had just entered the towns, the gap between the rich and the poor was too great, the problem of money worship began to intensify, and the social atmosphere had already shown a tendency to degenerate.

Therefore, after Zhu Youxiao discussed with a group of court officials, he decided to harvest a wave of private businessmen. Eliminate those opportunistic private capital, and let the life of private businessmen be tighter, so as to reduce social contradictions. At the same time, by increasing the scale of construction, we will ensure the nutrients for ordinary workers to survive, so that the country can maintain basic stability.

There is no reason not to kill, and the harvest after the economic stimulus is inevitable. In the twelfth year of the Apocalypse, it was impossible to continue to maintain the stimulus situation, and the longer it dragged on, the bigger the problem, so Zhu Youxiao was also anxious to tighten bank lending to private businessmen as soon as possible.

After all these years of stimulation, commodity production capacity is out, and the next step is the further adjustment of wealth distribution, and at the same time, it is also to reduce the pace of development, so that ordinary people have enough time to adapt. (To be continued.) )