There are many coins in Luzon, including silver taels, Spanish silver dollars, and seven silver coins issued by the Luzon Ming court.

Shopping conversion on weekdays is also a maddening thing.

However, when the money bank is opened, these things can be converted by the money bank.

This is also a nice benefit for Luzon merchants.

After all, there are many kinds of coins obtained in the South Seas trade, and it is not easy to sell them.

If there is a money bank that can exchange a large amount of silver taels for silver yuan, it is naturally a matter of great deal for the merchant.

Soon, many merchants from the land and sea and far seas, as well as many local officials, sent people back to take out the stored silver taels one after another, intending to deposit them in the Minghai money bank.

Of course, Minghai Money Village also charges a corresponding handling fee.

About twenty taels of silver are charged for one tael.

For several days, a long queue was set up at the gate of Minghai Qianzhuang, all of which were Ming merchants and their families who came to deposit silver, as well as local local merchants.

On the outskirts of the city of Laoag,

Outside the camp of the Ming army, many soldiers of the Ming Army Association such as the Huben Town Shenji Association, the Long Knife Association, and the Land War Association gathered outside the camp.

A town general was standing outside the camp tent, looking at these elite soldiers of the Ming army.

"I'm not bringing you together today for training, but there's good news." Lu Zhen Wang Tong looked at the thousands of elite soldiers of the Ming Army present and said.

"The Four Seas Chamber of Commerce has established the Minghai Money Bank, and from now on, the brothers will be paid a fortune, and the extra annual salary can be saved to the Ming Hai Money Bank."

The Ming soldiers present looked at each other, not everyone knew what Qian Zhuang was and what he was doing.

"You are fighting for the Ming court, and the military salary is twenty taels of silver a year, and there are more than ten taels of silver for the rice, plus ringing and other items, and then make a military merit a year, cut off the head of a raw Fanhongyi, so you can also receive thirty or forty taels of silver." Seeing that the Ming officers and soldiers present were confused, Wang Tong explained.

"Everyone eats the food of the Ming Court, and they also live in the barracks on weekdays, and they basically take dozens of taels of silver for nothing a year, so they don't go out to drink and spend all the dozens of taels of silver on the girls." Wang Tong smiled and looked at the thousands of officers and soldiers in front of him.

"Everyone went south to Luzon with the adults, helpless, they all relied on the Ming Court for food, houses, fields, mother-in-law, do you have any?"

"You won't be a soldier for the rest of your life, and you won't end up with anything." These words touched many Ming soldiers, and everyone was in a trance.

Unlike other Ming troops, most of the people in Huben were veterans, many of whom had gone south from Taiwan.

In Luzon, the veterans who were helpless and unconcerned could only huddle together to keep warm, which is also the reason why the soldiers of Huben Town were more united and more fearless than other Ming army land towns.

Because they have nothing to do with Luzon, their only relatives are their comrades-in-arms who live in the same tent.

thought that in Luzon in the future, he would live and die with the imperial court, but today's words of the town general Wang Tong touched these veterans from Taiwan.

"Now everyone can save all the silver saved on weekdays in Minghai Qianzhuang, the money village does not charge a handling fee of one tael, a lot of land in Luzon, one acre of land is only seven or eight taels of silver, as a five-year soldier to save more than 100 taels of silver, in the future to disarm and return to the field, buy seven or eight acres of land on the boundary of Luzon, build a house, marry a mother-in-law, is not happy." Wang Tong smiled and opened his mouth, and sat on the sand of the camp with a dog's tail in his mouth, extremely casual.

"Let's work hard for the court, the court gives us two taels of silver, and I also know that many of you have actually married your mother-in-law and settled here, and in the future, when the court is stable and the world is peaceful, let's go home and live a good life, and take a hundred and ten taels of silver to live a good life."

"If you are interested in signing up with the prison army, the court will give you a day off and go to the city to save money, if you don't want to save money to buy land and marry your mother-in-law in the future, it doesn't matter, anyway, it is the silver given by the court, and you can spend it casually." After Wang Tong finished speaking, he got up and strode into the camp tent, leaving the thousands of Ming soldiers on the battlefield looking at each other at a loss.

Seeing that the main general entered the camp tent, and several assistant commanders of the overseer army ignored it, the Ming officers and soldiers present began to discuss it with great dissipation.

"Erya, what does this money bank mean?" Li Liu was dressed in armor, with a long knife and a fire gun around his waist, and he was already a squad leader in Huben Town at this time, commanding more than a dozen people.

It is also thanks to his ability to endure hardships, fight wars and work hard, and he has made a lot of contributions when he entered the auxiliary army town.

The rule of the Ming court in Luzon was not so peaceful as it seemed, and many Tufan chieftains were hostile and defensive to the Ming army, and bandits entrenched in the mountains because of the turmoil, it was not uncommon for rogues to be in the mountains.

These bandits and rogues are in cahoots with the Tubang and often haunt the official roads opened up by the Ming army to plunder, while Liu Quan of Weigan specially sent out several auxiliary towns in training, and through the elimination of bandits and rogues, etc., the recruits in the auxiliary towns can see blood, and at the same time promote some recruits who dare to fight.

Li Liu relied on several times to exterminate the bandits, and the rogue was meritorious, and he cut off the heads of six bandits to get the opportunity to be promoted.

It happened that Huben Town was expanding its army, and Li Liu took this opportunity to enter the most elite Huben Town from the auxiliary army, and brought Erya over.

"It's a place to store money for you, and the general means that the court will help us save money in the future, and the court will send us silver in the future, so we can give it to the court, and the court will help us save it." Erya muttered.

The silver salary of Huben Town is the best among all the military towns of the Ming army, and all the Ming officers and soldiers are proud to enter Huben Town.

The annual salary of the army is twice that of the auxiliary soldiers, and this does not include the rice, the monthly increase or something.

The salary of a soldier in Huben Town for a year is almost equal to the salary of three or four auxiliary town officers and soldiers.

This also made it easier for the officers and soldiers of Huben Town to save some silver than the officers and soldiers of other army towns.

Some veterans of Huben Town have indeed settled in Luzon, and the monthly salaries they receive are also handed over to their families to provide for their lives.

More veterans are accustomed to saving money by themselves, and of course they will hand over the silver taels to the supervising army, put the saved silver taels in the warehouse, and go to the deputy assistant director if they need it on weekdays, and then the deputy assistant director will pick it up regularly.

After all, the Ming army and Luzhen had a three-day holiday every month, and the officers and soldiers would take money from the treasury and then go out to fool around for a few days when they were on vacation.

However, there is always a fee to keep the money in the treasury, and at the same time, on weekdays, you can only go to the prison army to withdraw money if you entrust the deputy assistant chief, and go to the prison army yourself, and the prison army will ignore you.

And every time a few co-leaders would take some broken silver or something, the little soldiers didn't dare to say anything.

Now the Ming court has actually built a money bank, and there is no charge for putting the silver taels in the bank, and you can take it yourself at any time, which is no better than putting it in the barracks and treasury, being supervised by the army, and the co-ordinator or something.

The veterans present were not stupid, and some veterans who had some connections in Luzon had actually probed the wind.

Although this Minghai Money Village was opened by Minghai, the person behind it is the Marquis of Zhongyong, Lord Liu.

As the first person to form Huben Town, Liu Yu was naturally supported by the veterans of Huben Town.

After all, whoever pays for it works for whom.

Now everyone is taking the most military salary in the whole Luzon Ming army, eating the best food, and sleeping in the best barracks, all of which are given by Lord Liu.

Since the silver taels were given by Lord Liu, it is not better to store the silver taels in Lord Liu's treasury than to fall into the hands of those prison officers and co-ordinators.