"Emperor Qi, the private tenant rent is generally forty percent, and some are even as high as fifty percent. If it is to develop tuntian, the emperor can recruit displaced people, and only need to give them a mouthful of food to eat, and they can carry out tuntian. When the land is reclaimed, cattle, farming tools, and seeds can be loaned and distributed to the displaced people. In addition, not only the benefits of tenant rent, but also the cost of cattle farming can also be recovered one after another. After Cao Jinyu met with him, he said to Zhu Youxiaojian, "And the biggest expense is mainly water conservancy repair, and the reason why the north has abandoned the desert is that the water conservancy has been in disrepair for a long time, and floods, droughts, and locust plagues are frequent." ”

"If it's my royal organization reclamation, how much is this tenant rent?" Zhu Youxiao asked again.

If a homeless family gives 30 acres of land, the yield of wheat per mu in the north is about 1 stone, and there will be 30 stones of wheat during the summer harvest. If it is 50% of the tenant rent, there is still 15 stone for your own use, and you can basically have enough to eat. Cao Jinyu said, Zhu Youxiao frowned and asked, "What about the clothes?" The homeless people also need cotton clothes for the winter or something. ”

"Save a province and you will have it." Cao Jinyu said.

"I know, you go down first!" Zhu Youxiao nodded, Cao Jinyu's construction still has merit, but the exploitation is a bit strong.

However, the state lacks finances, and if it can make money and make the peasants live a better life, this is a balancing issue that must be carefully considered.

"The minister retired." Cao Jinyu retreated, and after a while, Sun Chengzong also came. Zhu Youxiao beckoned Sun Chengzong to sit down, and then asked about Tuntian.

"If the emperor wants to tuntian, he must first repair the water conservancy, and the financial support required is greater." Sun Chengzong said.

"Teacher, I already have funds, but they are just idle funds from the bank. In the midst of reclamation, there must be a profit, otherwise the banks will fail. Zhu Youxiao said, Sun Chengzong hurriedly asked: "How much silver has this bank deposited now?" ”

"Nearly five million." Zhu Youxiao said, "And just in the capital alone, the bank will expand to all parts of Gyeonggi in the future, and the amount of savings will be even more at that time." ”

"5 million? In other words, 500,000 yuan of interest a year? Sun Chengzong was surprised, he didn't expect the bank established by the emperor to absorb such a huge amount of money.

"Yes! So I have to hurry up and find a project to invest. And the tuntian can settle the people and produce grain, so I want to reclaim it in the north. Zhu Youxiao said that Sun Chengzong was not very worried about the hidden dangers of the bank, and asked about the operation of the bank.

"Although the bank interest rate has reached 10%, even if it is a loss, it can still be maintained by tearing down the east wall and making up the west wall. At the same time, banks can issue 'silver dollar bills' to replace silver in the future, and the minting is very profitable. As long as there are no problems with investment, it is unlikely that the bank will fail, and the only fear is that someone will create rumors and lead to a run on depositors. Zhu Youxiao said: "There are many projects that can be invested in now, and with the royal operation, the interest can definitely be earned." ”

After listening to the operation of the bank, Sun Chengzong thought about it for a while, and couldn't help but clapped his hands and said: "The emperor is really the Son of Heaven, and this bank is definitely a national weapon." With money, the problem of water conservancy in the north falling into disrepair can be solved. ”

"It's just that I don't know how to start with the matter of Tuntian." Zhu Youxiao said to Sun Chengzong.

"The emperor is worried about disorder, as long as there is silver, Tuntian is still very simple." Sun Chengzong said, "What the emperor is worried about is that the scale between the return on investment and the peace of the people is difficult to control." ”

"Please teach me." Zhu Youxiao hurriedly asked.

"The core of peace and security is to stabilize the people. In terms of tenant rent, the emperor set it at 50% is not a big problem, if in a normal year, the peasants can survive, the key is how to ensure that the peasants do not abandon the land when they are affected by disasters, injured and sick and cannot afford to pay the tenant rent. For example, in the event of a disaster, injury or illness, the tenant rent can be exempted. If you can't afford to repay the bank loans, you can also forgive the farmers' debts and let them farm with peace of mind. Sun Chengzong said.

"Then how do you assess the damage and injuries?" Zhu Youxiao asked.

"The emperor can implement the armor protection system, with the household as the unit to set up the head of the household, the ten households for the first to set up the first chief, and the ten to set up the chief for the protection. The armor protection system can not only prevent banditry, but also can be reported by the chief of the first to the chief of security, and then by the chief of the security report to the management agency, the key is that the person in charge must be honest. ”

"As for water conservancy, we can recruit people who are good at water conservancy with a lot of money, and then recruit displaced people to carry out construction." Sun Chengzong said, "Now there are many displaced people and wasteland in the north, and the conditions are all in place. In addition, there are many soldiers in the Beijing camp who are unbearable in a battle, and they can also rectify the Beijing camp and carry out military cantonment, which can also make a profit. ”

"Okay." Zhu Youxiao suddenly brightened up, and said to Sun Chengzong: "In the matter of reclamation, I also asked the teacher to help me preside over it, and others are not at ease." ”

"Obey." Without any hesitation, Sun Chengzong agreed to revive agriculture in the north, which was a matter of national finances, and Sun Chengzong was not worried that the emperor would hand over the reclamation to other officials. Although this reclamation will be carried out in the name of Huangzhuang, in the context of the Donglin Party's control of the government, it is necessary to bypass the imperial court administration.

And Huangzhuang also has the advantage that the land will not be encroached upon by the magnates, and the military tun will often be taken by the magnates as their own.

Zhu Youxiao directly gave Sun Chengzong 3 million taels of start-up capital, although the bank's money can be used for investment, but it still has to be kept for operation.

The bank of Daming Royal Bank is tentatively set at 30% of the savings funds, and 70% will be used for investment and lending.

The issue of how much tenant rent the Huangzhuang collects, Zhu Youxiao is still thinking about it. He had to calculate the costs and benefits, and he also had to think about the lives of the farmers.

If there are safeguards, then it is not a big problem to collect up to 50% of the tenant rent, and as long as the land is given a little more, the peasants can still survive. The problem is that once there is a problem in management, the starting point of Anmin will be gone, and Huangzhuang will still produce a large number of wasteland.

If a homeless family gives 30 acres of land, then it is 30% of the tenant rent, then 10 stone of grain can be harvested in a year. Farm tools, cattle, and seeds can all be disbursed through interest-free loans from the bank, and the cost can be recovered one after another. The main cost is to repair the water conservancy. The cost of repairing water conservancy is nothing more than labor cost. In terms of labor costs, you don't need to pay for wages, you can just give rations.

The time it takes for the displaced people to repair the water conservancy, even if it is repaired for a year, the husband and wife have two laborers, and 10 stone of grain is enough for them to eat for a year. In fact, it doesn't take a year to repair water conservancy, but half a year may be enough. Moreover, the land has been reclaimed, and it can continue to be repaired and maintained every year in the future.

If it is a 30% tenant rent, then the investment cost can be almost recovered in the first year, and the farmer leaves 20 stone of grain, and there is enough money to repay the loan, and there is not much pressure to repay the loan within three years. In other words, within three years, the investment cost will inevitably be recovered, and there will be a part of the profit. Three years later, the tenant rent of the Huangzhuang was basically a pure profit. At the same time, after three years, the peasants themselves can live a good life, the surplus of 20 stone grain per year, not only can the whole family be fed, but also clothing is not a problem, and then engage in the sideline business of breeding, in this era can also be regarded as a well-off.

If it is a fifty percent tenant rent, the burden on the peasants will be relatively large, and the peasants' own ability to resist risks will be poor, and there will be a risk of collapse.

After settling the accounts like this, Zhu Youxiao suddenly had a bottom in his heart and decided to set the tenant rent of Huangzhuang at 30%.

However, in order to operate Tuntian well, it is still necessary to have water conservancy and agricultural talents, Zhu Youxiao thought about it, and it seems that there was an official named Xu Guangqi in the late Ming Dynasty who was better at this kind of thing.

Zhu Youxiao immediately called Li Jinzhong to investigate the situation of the official named Xu Guangqi.