Sun Tinglan is not the only smart person.

In the teahouse across the street, Chen Zhenhui and Zhang Dai were also thoughtful.

The Chen family in Wuxi and the Zhang family in Shanyin also bought a lot of bonds from the Shiyi Exchange, and both of them were handed over to Chen Zhenhui and Zhang Dai, who were studying in Nanjing Guozijian.

Chen Zhenhui and Zhang Dai are children of the family, so naturally they will not come forward to make trouble in person.

But both of them sent domestic servants to inquire about the news at any time outside the gate of the city.

Hearing that the market was really going to buy back bonds, Chen Zhenhui and the two thought of a possibility.

Zhang Dai said: "Brother Dingsheng, do you think it will be that the battle situation in Xuzhou has been decisively reversed?" So Ma Minglu dared to really open the door to buy back bonds? ”

"It's hard to say." Chen Zhenhui said, "There is really such a possibility. ”

Zhang Dai said: "In this case, do we still want to sell bonds?" ”

Chen Zhenhui thought about it, folded the folding fan in her hand and said, "Don't sell it yet." ”

Good guy, this spring is cold, and he still has a folding fan in his hand.

After a pause, Chen Zhenhui said again: "Even if you guess wrong, it's just more than 10,000 taels of silver, and it should be donated to the imperial court to fight against Jianju." ”

"Okay, the little brother won't sell it anymore." Zhang Dai nodded.

Then there was silence in the private room, and neither of them said anything more.

After a long time, Zhang Daicai asked again: "Brother Dingsheng, do you regret not joining the Shizi Battalion?" ”

To be honest, Zhang Dai actually wanted to participate at the beginning, but he felt that he couldn't endure the hardship, so he didn't dare to step into the door of life and death in the end, but he still regretted it in hindsight.

Zhang Dai always felt that he had missed a once-in-a-lifetime opportunity.

"Regrets? What is there to regret. Chen Zhenhui smiled and said, "Do you regret that you didn't let Chongzhen behead the rules like Gu Gao?" ”

Zhang Dai said: "Gu Gao's death is self-inflicted. ”

"Okay, Gu Gao is indeed to blame, this person is a spoiled person." Chen Zhenhui said, "I really thought that if he was Gu Xiancheng's son, he could respond to everything and do anything." ”

Zhang Dai said: "As a result, I crashed under Chongzhen's knife. ”

"But I still don't regret not joining the Shizi Camp." Chen Zhenhui said abruptly, "I'm not as arrogant as Gu Gao, but I'm not as naïve as Mao Xiang, Wu Yingji and Zheng Sen, and I really believe Chongzhen's nonsense." ”

Zhang Dai frowned and said, "Brother Dingsheng, you don't believe that Chongzhen will recognize the people-oriented thought?" ”

"Only fools believe it." Chen Zhenhui snorted coldly and said, "It's not uncommon to see an emperor who puts the Jiangshan Sheji above himself, but when have you seen the emperor who puts the people of Li Shu above himself?" ”

"The people of Li Shu have no food and clothing, which emperor is willing to take out brocade clothes and jade food to share?"

"The people of Li Shu can't afford to marry a wife, and which emperor is willing to let go of three thousand harem beauties to marry them?"

Speaking of this, he said: "There has never been, and Chongzhen cannot become such a holy monarch, so this is just an extraordinary means in an extraordinary period to fool those brainless beings." ”

Zhang Dai nodded and said, "That is to say, if the situation is stable in the future, Chongzhen will kick away the Shizi camp?" ”

"Exactly." Chen Zhenhui patted the folding fan again and said, "Six thousand scholars, it's just a tool, just wait for the danger of destroying the country in front of them to ease a little, they should go back to the country to study, but some people will never come back, because Chongzhen's empty words put their lives on the line, Brother Zongzi, don't you feel wronged?" ”

Zhang Dai sighed lightly when he heard this, is it wronged? Maybe it's wronged.

At this time, a servant came in and reported: "Childe, it's time." ”

"Oh yes." Zhang Dai woke up like a dream, "Brother Dingsheng, we should be worth it." ”

"Brother Zongzi, go ahead, I have already resigned from the dispatch of the Internal Affairs Office." Chen Zhenhui shook her head and said, "I have refused to give an official body for so long, not to mention that Ma Minglu is only a six-grade deputy director, so what if I really give you and my official body?" It's just an eight- or nine-grade sesame official, and it's not worth it to stoop to such a humble official. ”

"Huh?" Zhang Dai was stunned when he heard this, but finally decided to go straight.

As a result, when Zhang Dai came to the Ministry of Internal Affairs, he happened to meet Ma Mingluo who was arguing with Zuo Guangxian.

Zuo Guangxian was originally just a patrol of the imperial history, but the last time he listed the top ten crimes and angered Chongzhen and the Internal Affairs Office, which made him famous, so he was promoted to the imperial history of Zuo Yu in the ministry last month.

In other words, Zuo Guangxian is now a high-ranking official of the fourth grade.

is the fourth rank of the imperial historian, and has almost stepped into the power center of the Ming Dynasty.

Therefore, Zuo Guang first raised Chongzhen and the Internal Affairs Office and worked very hard: "Deputy Director Ma, there is a big problem with the account books of your Internal Affairs Office, why is there only a general ledger for the silver salary and labor and food rice paid to the scholars of Huai'an Mansion to train Xiangyong?" Where are the sub-accounts? Is there a problem with this? Did you hide the accounts by Deputy Director Ma? ”

"Presumptuous!" Ma Mingluo was immediately angry, can he say this casually?

The surname Zuo, you not only want to take off my Ma Mingluo's black gauze hat, but also want my life!

However, Ma Mingluo still suppressed his anger after all: "Zuo Duxian, you have to be responsible for speaking, it's okay for you to put a basin on my Ma Mingluo's head, but it's not okay to smear the saint." ”

"You don't scare me with the saint." Zuo Guangxian was not afraid, "Not to mention that the Holy Lord has given us the power of the Metropolitan Procuratorate to supervise the Internal Affairs Office, even if there is no Holy Order, this official must also investigate thoroughly." ”

Speaking of the inside of the meal, Zuo Guang first straightened the black gauze hat on his head, and then continued with solemnity: "Where the territory of my Ming Dynasty, all the officials and accounts of my Ming Dynasty, there is nothing that our procuratorate does not dare to check or cannot check!" Deputy Director Ma, I advise you to hand over the detailed accounts obediently. ”

This last sentence is already like interrogating a prisoner.

Ma Mingluo was extremely angry, and immediately said to Zhang Dai: "Zongzi, you go to the treasury and move the detailed account books of Huai'an Mansion and the subordinate counties to compile the salaries and salaries of the villagers and the detailed account books of the expenses of the workers, food and rice. ”

"Since Zuo Duxian wants to investigate, let him check it."

Speaking of this, Ma Mingluo said viciously to Zuo Guangxian: "But Zuo Duxian, if there is no problem with the detailed accounts, what should I do?" ”

Zuo Guangxian said: "If you can't find out, you can't find out, which means that there is no problem with the accounts of your Internal Affairs Office." ”

"That's it?" Ma Mingluo laughed angrily and said, "You are all so excited about the procuratorate, and there are nearly a hundred people from the imperial historians, so they beat gongs and drums to swagger through the city to announce that there is a problem with our internal affairs office in the city, and then the accounts are checked, and it will be over without a problem?" Zuo Du Xian, do you think that our internal affairs government is low and easy to bully? ”

"So what does Deputy Chief Ima's mean?" Zuo Guangxian sneered at each other, "Do you want our Metropolitan Procuratorate to post a list to inform the world, and explain it for your Internal Affairs Office?" Deputy Director Ma, should you have forgotten that the rumors of the imperial history are the rules set by Taizu, do you think that the ancestral system set by Taizu is wrong, right? ”

"You?!" Ma Mingluo was furious, but he was speechless for a while, the tablet of Taizu was too heavy.

Who dares to question the ancestral system set by Taizu? Even the saint doesn't dare, let alone his horse?

However, Ma Mingluo really couldn't swallow this bad breath, and decided to go directly to the cabinet to find the four cabinet assistants to evaluate, the Fengxian officials of the Metropolitan Procuratorate acted recklessly, and the four cabinet bosses should have some scruples, right?

……

At the same time, the four elders of the Ming Dynasty also met in the cabinet room.

Because Zhang Youyu, the head of the household department, has important things about the state to the four cabinet elders Chen played.

By the way, Zhang Youyu finally succeeded Gao Hongtu as the official of the household department.

Zhang Youyu said: "Shou Yu, there are three cabinet elders, and the Shicai Internal Affairs Office has issued an announcement to repurchase all the bonds sold last year at a four-fold price, have you heard?" ”

"I just heard that." Shi Kefa nodded and said, "I really didn't expect this matter. ”

"I didn't expect that." Gao Hongtu said, "I don't mean that the saint is so generous, and the money that has been put into the treasury is actually willing to take it out to buy back the bonds that have been degraded to waste paper, which is not hundreds of thousands or millions, but tens of millions!" ”

Shi Kefa looked at Xuzhou and said: "How can my generation be able to speculate on the actions of the saints. ”

Zhang Youyu pouted when he heard this, and said in his heart that you are a sycophant in Nanjing, and the saint can't hear it, can it be useful?

However, Zhang Youyu didn't say this after all, but took the opportunity to throw out the topic he wanted to say: "Shou Yu, three elders, don't you think this is an opportunity?" ”

"Opportunity?" Shi Kefa looked dazed, "What chance?" ”

Xie Xuelong and Jiang Yueguang were also confused, not knowing what Zhang Youyu meant.

Gao Hongtu frowned, and said in a deep voice: "Jinghan, if you have anything to say, just say it, don't sell it." ”

"Yes." Zhang Youyu took a long look and said, "I'm afraid it will be difficult for the Shiyi to do anything after this catastrophe, even if the Internal Affairs Government sells bonds under the guise of the Shiyi Office again, I'm afraid that no one in Jiangnan will buy them anymore, because the Beidi Guantian, which the Internal Affairs Office can use as collateral for bonds, has already fallen into the hands of Jiannu." ”

Shi Kefa: They are undoubtedly aware of the situation in Xuzhou.

The battle situation in Xuzhou not only did not usher in a decisive reversal,

On the contrary, the situation has become worse than it was at the beginning of the war.

It is really difficult to say whether the Huanghuai defense line can hold it in the end.

At this time, if you take the official land in the north as a countervail, no one will buy the bonds.

Zhang Youyu said: "However, the act of issuing bonds is really good, which is also recognized by Jiangnan gentry and businessmen. ”

"It's good to issue debts, but the imperial court doesn't have official land to pay off." Xie Xuelong said, "If we print a bunch of waste paper, the gentlemen and businessmen in Jiangnan will rush to buy it, right?" ”

"That's not going to happen." Zhang Youyu waved his hand and said, "But the collateral does not necessarily have to be the official land, and the lower officials think that other property can also be mortgaged." ”

"What does Jing Han mean by this?" Shi Kefa and the others were still a little confused.

Gao Hongtu was immediately thorough, and suddenly said: "Jinghan means that the starting point of each province in the next year or several years is used as collateral, that is to say, after the bond expires, if the household department cannot take out the silver to pay the bond, it will take the corresponding province's initial settlement to offset the creditor, which is equivalent to the tax of this province or several provinces will be returned to the creditor." ”

I have to say that the Ming Dynasty really has no shortage of smart people.

Chongzhen only provided the most rudimentary way to play bonds, but Zhang Youyu and Gao Hongtu directly pushed the bond market forward and advanced to the government tax as a guarantee to issue bonds, which is very close to the Yin eating grain that directly uses national credit to issue treasury bonds.

It is equivalent to taking the future income as interest and directly increasing leverage.

This is amazing, assuming an annual interest rate of one percent and 10 million annual income, theoretically one billion bonds can be issued, which is a hundred times leverage! Of course, this is only theoretical.

Jiang Yueguang and Xie Xuelong were excited, this method seems to be good.

Shi Kefa was a little worried, frowned and said, "Is this good?" ”

"What's wrong?" Gao Hongtu snorted lightly and said, "We issued bonds, and we didn't know that it was for our own personal gain, but for the Ming Dynasty. ”

Zhang Youyu said again: "A few elders, and the silver number, the silver number is the key!" ”

"Silver?" Now even Shi Kefa is not decided, and the household department also opens a silver number?

Zhang Youyu said: "In fact, the imperial court can also open a Ming Hubu silver account, and then follow the practice of bundling the Shiyi and the royal silver account, if the gentleman and merchant Jia want to buy bonds and buy and sell bonds in the Shiyi opened by the Hubu, he must first open an account in the Hubu Silver and deposit silver. ”

Shi Kefa said: "But this is not the silver of the imperial court after all, what should I do if there is a run?" ”

"yes." Xie Xuelong also said, "Last time, there was a run on the royal silver number, and it is said that it was very embarrassing, and the original deposit of silver as high as 300 million taels was sharply reduced to less than 41 in ten days. ”

"It's easy to hear." Gao Hongtu said, "The silver number can set a withdrawal limit, except for the bond trading of the Hubu City Exchange is not restricted, and if you want to withdraw cash, you can only limit a certain amount every day." ”

"That's a good idea!" Xie Xuelong Dao, "The servant thinks this method is feasible." ”

Jiang Yueguang and Zhang Youyu also agreed: "This method is really good. ”

Gao Hongtu and the four of them all agreed, and Shi Kefa didn't want to oppose it anymore.

At that moment, Shi Kefa said to Zhang Youyu: "Jinghan, then you should first go back to the household department to draw up a charter, which province or provinces should be used as collateral, how many bonds should be issued, and how much should be set for the withdrawal amount of the silver number. ”

"The subordinate officer takes the order." Zhang Youyu gave a long sigh, turned around and walked away quickly.

The establishment of the city office and the silver number under the household department were agreed upon.

Xie Xuelong and Jiang Yueguang glanced at each other and said, "The problem of insufficient national use will be solved from now on. ”

"It's a happy event." Gao Hongtu stroked his beard vigorously and said happily: "This kind of hard life when one eldest son is broken into two flowers, the servant doesn't want to spend a day anymore." ”

While he was talking, a small official entered the interior and reported: "Pavilion Elder, Ma Mingluo, deputy director of the Internal Affairs Office, asks to see you." ”

"Ma Mingluo?" Gao Hongtu's face fell, and he said in a deep voice, "It must be for the Metropolitan Procuratorate to clear the account books of the Internal Affairs Office, and if the cabinet does not come forward, the matter will be resolved by their own courts." ”