Chapter 074: Start minting
The mint was soon established, and the address was chosen next to the Daming Royal Military Factory, also outside the city. There is indeed a certain risk outside the city, and once a military disaster occurs, it is easy to be impacted.
But Zhu Youxiao is not worried about this problem, if he is really attacked by wild boar skins and some rogue soldiers, it will basically be the rhythm of dying the country, and he doesn't have to care too much about these things.
And at the current pace, this is very unlikely.
The outside of the city is large enough, and the industries are clustered together, which can produce a lot of convenience. Yang Guorui has recruited thousands of craftsmen, and when the casting mold is ready, he will be able to fully mint the coin.
What is the silver dollar going to look like? This is a question that needs to be carefully considered.
If the silver dollar wants to be accepted by the people, the most important thing is the word convenience, and only when the people feel that it is convenient, the people will be willing to accept the silver dollar.
So the weight of the silver dollar is also very important.
The mainstream of silver dollars in the Qing Dynasty weighed seven coins and two cents, which was basically the weight of the silver dollar of Westerners. At the end of the Qing Dynasty, the Manchu government did not mint one or two copper coins. Zhang Zhidong tried to produce one or two silver dollars in Hubei, but after the launch, because it was not a five-decimal system linked to copper coins and copper dollars to huàn, the common people felt troublesome, so they were not popular, and only one batch was minted and then discontinued.
Now that Zhu Youxiao wants to mint silver dollars, he naturally has to consider the huàn mode of exchanging copper coins and big money.
Nowadays, the ratio of silver and copper coins in the Ming Dynasty is 1:600, because Japanese copper mines have just been discovered during this period, so China is still in a relatively short state of copper.
In this case, if you want to exchange huàn conveniently, it is best to exchange 1 silver dollar for 500 copper coins. In this way, the weight of the silver dollar should be 8 yuan and 3 cents.
The big money is minted into copper dollars, a small copper dollar for huàn 5 copper coins, and a large copper dollar for huàn 10 copper coins, which is somewhat similar to the 5 yuan and 10 yuan in later generations.
As a result, 1 silver dollar = 50 large copper dollars = 100 small copper dollars = 500 copper coins are exchanged for huàn system, which is more convenient for the common people to use.
After determining the weight of the silver dollar, Zhu Youxiao designed a casting pattern. On the front is the four big characters of 'Apocalypse Ingot Treasure', which are distributed according to the top and bottom, left and right, and in the middle is a flame, symbolizing the great Ming Huode. The upper part of the silver dollar is 'made by the Royal Bank of Daming', and the lower part is 'Kuping eight coins and three cents'.
The upper part of the back is 'the first year of the Great Tomorrow Apocalypse', and the lower part is surrounded by a dragon, and four big characters are printed in the middle - the new monarch succeeds to the throne.
As for the practice of printing the avatar, Zhu Youxiao feels that it is too unreliable. After all, the image on the silver dollar is not too realistic, it can only be said to be god-like. In this way, how can he portray his handsome and chic image? Since we can't do it, we should simply engrave a few more words and engrave the most representative political activities of the year.
In the second year of the Apocalypse next year, pick a representative of your central activity and engrave it, so that the silver dollar becomes a simple record sheet.
As for the avatar, when the banknotes are printed in the future, the avatar will be printed on the banknotes, which will be much more realistic.
After Zhu Youxiao's personal design, the silver dollar was soon designed. The mold of the Apocalypse Ingot immediately began to be built, and the Apocalypse Ingot weighed eight coins and three cents, with a purity of 9 silver and 1 bronze.
This means that 1,000 taels of silver can mint 1,204 silver dollars, and a tenth of the precious metal profit can produce a profit of 121 yuan, of which this 1 silver dollar can pay the cost of the craftsman and the copper used. For 1,000 taels of silver, there is a profit of 120 silver dollars.
As long as you mint 100 million taels of silver dollars, you can get 12 million silver dollars.
The profit of casting copper coins is also very high, 100 catties of copper can mint 16,000 copper coins, the profit reaches 100%, and 100 million copper coins can make a profit of 75,000 taels of silver, equivalent to 90,000 silver dollars.
It is more possible for the population to reach 200 million by the end of the Ming Dynasty, and everyone needs 100 wen money to calculate, and 20 billion wen money can be digested when it is printed.
In addition, there are small copper dollars (worth 5 yuan), the material used is three times the weight of ordinary copper coins, and the small copper dollars cast by 100 catties of copper are worth 44.4 taels, with a net profit of 32 taels, which is equivalent to 38.5 silver dollars. If you mint 100 million small copper dollars, you can earn 240,000 yuan.
The profit of large copper yuan is higher, 5 times the weight is equal to 10 yuan, and 100 catties of copper can produce a net profit of 49.7 yuan. If you mint 100 million copper dollars, you can make a profit of 310,000 yuan.
The problem, of course, is the lack of copper.
But this problem is not a big problem in Zhu Youxiao's view, and the lack of copper can be mined! Won't mining copper create jobs?
Grain?
This is easy to do, after having money, you can build ships, and with ships, you can transport grain by sea to the north. At the same time, it can also repair water conservancy in the north and increase grain production. In addition, through the adjustment of the grain bank, the purchase price of grain remained stable. In turn, the peasants will not be led to abandon the land because they do not make money.
Today's agricultural problems in the Ming Dynasty are related to the prosperous economy of the previous 20 years of Wanli. In the past 20 years, the commodity economy of the Ming Dynasty has entered an incomparably flooded stage, and there are many people in this stage who are farming, and as a result, the prices of agricultural products cannot be sold, and the commodities produced in urban workshops and factories have impacted the rural natural economy, and the common people can no longer live in the countryside, so a large number of people have abandoned the land and entered the cities to work.
Farmers abandoned their land to work in the cities, which caused many water conservancy projects to be abandoned because they were not maintained. Another reason for abandonment is that because the population continues to multiply, the land in the hands of ordinary farmers is getting less and less, so the little yield cannot sustain their livelihood.
Nowadays, Zhu Youxiao has built a Huangzhuang way, and each peasant household is given 30 acres of land, and the means of production are enough, which can produce enough fruits of your labor for a family's life. Another is to stabilize the purchase price of grain through guò to help the people, so that the common people can stabilize the purchase price of grain.
Stability is the only way to create wealth, and turbulence will produce losses.
The 'Royal Mining Company' was then established, and the copper ore was explored and mined everywhere, and the technology of the Royal Mining Company was introduced from the private mines, anyway, as long as the technology is not backward than the private capital, it can be slowly improved in the future. In terms of the cost of mining, it can be lower than that of private capital, because Zhu Youxiao can send prisoners of labor reform to open mines, and he does not need any wages at all, as long as he takes care of food.
In terms of minting, the main coin is the most profitable. Auxiliary coins have a certain market capacity, and they will be saturated if they are better.
"By the end of next year, we will make as many silver dollars as we can get. 5 billion copper coins were minted, 1 billion small copper dollars were minted, and 500 million large copper dollars were minted. Zhu Youxiao issued a production target to Yang Guorui, "As for copper, whether you mine it yourself or buy it." ”
Because of the lack of copper, Zhu Youxiao can't mint too much in one go, and the minted currency must have a market digestion process. If you cast too much in one go, you will have 'indigestion'.
"Yes, Your Majesty." After Yang Guorui received the order, he asked: "Your Majesty, can you cooperate with private businessmen and let them participate in the exchange of silver dollars for huàn." For example, if they bring a thousand taels of silver, we will pay them twenty denarii. ”
"No, as long as the imperial court requires the use of silver dollars, plus the convenience of silver dollars, and then we exchange the way through guò banks to huàn, and eventually most of the silver will become silver dollars. There is no need for private businessmen to make this money. Zhu Youxiao was naturally reluctant, he felt distressed if he gave too much profit, and it didn't have much effect if he gave less.
Anyway, the production index set by Zhu Youxiao, the auxiliary coins of copper coins and copper yuan, if completed before the end of next year, will probably generate a profit of 10.78 million yuan.