Chapter 462: The Monetary System of Middle-earth

After demonstrating to the children what the windmill does, Donner takes them to Fog City. Pen "Fun" Pavilion www.biquge.info

While passing through the hundreds of meters of shaft between the first and second floors of the streets of Fog City, the children were shocked by the wind-up elevator again, and they had a stronger impression of the word tool spoken by the Duke.

The second-floor street of Foggy City has been converted into dozens of dormitories, and in order to reduce the strangeness and hostility brought about by racial segregation, Donner deliberately mixed human cadets and dwarf cadets, in the same proportion as the total ratio of the first batch of cadets in the engineering academy - one hundred humans and three hundred gnomes.

This arrangement is not because Donner values dwarf students more, but because there are too few human children in the three northern provinces who can completely lose production, and in addition to the engineering college, the school city, the pharmacy college, and the magician team all need manpower. Before the industrialization reform yielded results, the current figure was the limit of what could be achieved without affecting agricultural production.

However, what Donner didn't expect was that the hundred people selected from the Santan School of Magic were all boys - according to Wesley, the Santan Academy of Magic did not even recruit a single female student in its first year. Obviously, because agricultural production is so labor-intensive, the patriarchal phenomenon in this world is no worse than that of the earth, at least among the common people.

Out of the three hundred dwarf students, girls accounted for more than seventy people—including the sisters Arimia and Elimanda—and in the absence of ordinary human female students, it was impossible for these dwarf girls to be arranged to mix with human students.

Throughout the day, Donner helped the human children settle in, with Una and Layla following behind to help.

It wasn't until the afternoon that Downer called Danny to his face.

"Do you want to go back to being a farmer?" he asked with a smile.

"Lord Duke, can you really build a machine ten times more powerful than that windmill?" asked Danny cautiously.

"I'm sure you can see that day. Donner smiled and nodded: "Perhaps, when the time comes, you will feel that it is nothing more than that." ”

"My lord, I ...... I ......" Danny still can't seem to make up his mind.

Donner knew what he was hesitating, and he had planned for it.

"Danny, you can do one thing for me, register the home addresses of all the human students, be more detailed, and be able to find their family members through this address...... When you are studying in the College of Engineering, I will give you an annual bursary and pay it directly to your family. If you can be hired by the Fog City Factory after completing your studies, the salary will be paid directly to you at that time. ”

"Your Excellency...... You're saying you're going to give my father money when I'm studying here?" asked Danny excitedly.

"Yes, after all, your family has one less laborer...... However, I'm wondering if you should pay me back when you get paid. Donner said with a smile.

Danny didn't know how much the so-called bursary would be or how much he would be paid in the future, but the thought of his father being able to have an extra income made him feel a lot less guilty about his family.

"Your Excellency," Danny nodded vigorously, "I'd like to stay here!"

"Great, then you can give me the list tomorrow. Donner said as he pondered how much bursary he should give, so that these students could study here with peace of mind and not have a bad impact because they gave too much money.

Later that evening, Donner returned to Misty Town and had dinner with Lucia and Wesley.

"How much does a farmer in Misty earn in a year?" he asked Wesley, who was now working part-time as the village chief of Misty Village.

"Income, what income? It's nice to have enough to eat every day for a year, and what else is there?" Wesley looked at Donner with disdain.

When Lucia heard this, she felt a little embarrassed, although it was not caused by her, but the people of the empire lived such a life, and she was not good looking at the princess after all.

"Alright," Donner shrugged, "what about the reforms? This year's crops are growing well, you should be able to figure it out now, right?"

"There should be a few gold coins of income. Wesley replied.

"So many?" Donner was surprised, "How do you do that?"

"Do you know how high food prices are?" Wesley asked rhetorically.

"But I remember when I was in the Lant Island, a few coppers could buy two pieces of black bread. Donner frowned.

"Do you expect the nobles to eat brown bread too?" asked Wesley again.

"Well......" Donner nodded, he somewhat understood what Wesley meant, because there was a hierarchy between nobles and commoners, and there was also a price gap between different quality grains. The aristocracy and the pauper, then, are actually using two very different monetary systems.

Donner munched on veal, lost in thought.

In fact, the monetary system of Middle-earth may seem chaotic, but in fact it is distinct.

The peasants used copper coins, ate black bread, and promised not to starve to death, and all the grain was handed in, and there was almost no ability to buy any goods;

The nobles used gold coins to eat white bread, and in addition to paying the imperial tax, the collected grain could also be sold to the royal family or the merchant class to obtain gold coins.

The Academy of Magic collects gold coins from the nobles (the so-called magic tax), and uses these gold coins to purchase the quota crystals from the royal family at the quota price.

In addition to maintaining a huge royal overhead, the royal family exchanged all the collected and purchased grain and dwarves for magic crystals, most of which were paid tribute to the Holy See, and a small part was used to collect gold coins that circulated to the people.

In other words, before Downer implemented the reforms, the closed loop of trading between gold coins, magic crystals, and bulk grain was insulated from the civilian class.

Between the royal family and the Holy See and the Far North, the purchase of grain and the redemption of the Holy See were the magic crystals, the nobility was used for the normal circulation of goods, and the commoners used copper coins.

The proportions of these three currencies vary greatly, partly because of the gap between the classes, and partly because the needs of the three classes are different.

The commoners were self-sufficient and rarely needed to buy goods (the blacksmith was already considered the richest of the commoners, and Donner, though he was hungry, was never in danger of starving);

The aristocracy did not need power from the Holy See, nor did it need magic crystals to consolidate its rule;

The royal family had no interest in the subsistence brown bread (a third process of grinding wheat, made from flour with a large amount of bran and some wild vegetable juice) that the commoners needed.

However, such a seemingly self-consistent currency circulation system will soon face the disaster of collapse.

The reason is not just the reforms that Downer is experimenting, but the fact that the magic crystal, the most important currency of all, is about to dry up.

Once the Magic Continent realizes that it will never be able to obtain the Magic Crystal again, it will lose interest in controlling Middle-earth. Imperial power will gradually become detached from religion and will no longer need to be granted by the Holy See.

After such an analysis, Downer suddenly realized that a crisis he had not thought of was slowly approaching.

(Ask for a monthly pass!Ask for a recommended ticket!) (To be continued.) )