Chapter Seventy-Nine: Paper Money and Song Coins Are Born

When the four generals of the Privy Council, Cai Mao, Tong Guan, Chong Shi Dao, Zhi Yanzhi and Yue Fei, were preparing for the new army of the Great Song Dynasty, I tried to make money. After all, the imperial court's finances are also tight at present, and this military is a huge cost, if there is no money in hand, then everything is impossible to talk about. At present, only the 44.2 million yuan of money, real estate, grain and grass handed over by Cai Jing and other ministers last time have been shipped to Hangzhou from the old man's private treasury. Now there is no extra budget on the side of the imperial court, so how to make money has become the most important thing at present, in view of the confiscation of the family property that Prime Minister Wang Hao said last time, it is estimated that it has been being realized recently, after all, many treasures have to be sold to become cash. So in the sixth year of Xuanhe (A.D. 1124) June 19, held a special economic meeting in the vertical arch hall, attended by the meeting of the Taishi Cai Jing, the prime minister and the servant Bai Shizhong, Wang Anshi's descendants Wang Di, the economist Li Chunnian, the Xuanhe Palace to be made Cai Yan and other economic teams and the ruling and Shangshu right Cheng Yu Wen Cuizhong, the ruling and imperial history of the Cheng Zhao Ye, the inspection of the school Taifu Liang Shicheng, Cai Yu Taibao, the governor Li Yan of the Inner Palace, the prime minister Wang Hao, the ruling and Shangshu Zuocheng Zhang Bangchang and others.

After Cai Jing and others reported on economic work a few days ago, I also thought about it comprehensively for a long time, and after sorting out the various economic and financial departments, I came up with my own ideas. After everyone knelt down and saluted, I said directly to everyone: "Ladies and gentlemen, the main purpose of summoning you here today is to discuss the economic restructuring policy of the imperial court. Now I would like to summarize the functions of the economic department of the imperial court.

As the central bank of the Great Song Dynasty, the Imperial Court had the function of issuing various securities such as paper money and salt banknotes, and since the Imperial Court had decided to restore the direct navigation law of the canal before the Imperial Court and set up warehouses in Jinju and other places, I decided to abolish the issuance of salt banknotes. In particular, the strange financial tool of empty fame, using the number of monks as a means of financing for the imperial court, is really a bit obscene for my dignified Song Empire.

In view of the failure of the issuance of banknotes in the imperial court last time, I also summarized the reasons, the key is that the banknotes were not issued in time to make a reserve system for heavy metals. Previously, in order to meet the needs of the imperial court, only paper money was printed, regardless of the basic laws of market operation, and no timely and sufficient reserve reserves were made. Therefore, it led to a large-scale depreciation of banknotes and a collapse of credit, which led to the failure of issuance. But then again, the issuance of banknotes is a major initiative of the imperial court, but also a financial innovation, since it is innovation, failure is understandable, after all, it is still feeling the stones to cross the river, it is inevitable that there will be mistakes, because there is no law to follow, are groping, it is important that we summarize experience in a timely manner, but also to give a certain tolerance for innovation failure. That's what keeps us going.

After summarizing the experience and lessons of the banknote Jiaozi, I decided to issue new new coins, and the new banknotes issued by the imperial court are still issued by the central bank of the Imperial Court, and the Imperial Court's Great Song Bank is responsible for making heavy metal reserves for the new banknotes, and I am also making heavy metal reserves according to the issuance regulations of Jiaozi, and the newly issued Great Song banknotes are called Song coins, in order to demonstrate the authority of the imperial court to issue new banknotes and Song coins, I decided that the new banknotes and Song coins will be drawn by the Emperor Taishang himself. The specific banknote denomination is composed of consistent, five, ten, and fifty denominations, the new banknote Song coin is printed on both sides, the upper left corner of the front is written on behalf of the Song character of the Great Song Dynasty, the upper right corner is written on the face value of the number, the middle is the symbol of the Great Song Dynasty Flying Dragon pattern, supplemented by small grass, wicker and other things, the lower left corner is the text of the Great Song Dynasty Imperial Goods Central Bank issued by the honor, the lower right corner is composed of 18 digits, this number can be sorted according to the year number and month of issuance, one is to replace the old banknote in time after three years, Second, it also has an anti-counterfeiting effect.

Designed by the Emperor Taishang himself, it is because the Emperor Taishang's painting work is extremely delicate, the vivid and plump dragon pattern, the firm grass, the delicate and lightly drooping willow, there are fine and neat depictions, and the combination of movement and stillness is quite wonderful. The most unique technique of the Emperor Taishang depicts the growth that maintains all things, and conveys the various meanings of beauty in various physical forms. The design of this banknote must comply with natural rules, abide by the laws of nature, and return to nature and "reproduce", in order to produce an interesting artistic conception and a natural artistic effect.

In particular, the thin gold characters and numbers of the imperial pen of the Emperor Taishang are skillfully able to integrate the broad freehand and exquisite sketching, and the dialectical ideas such as male and female, rigid and soft, and dynamic and static are vividly displayed. It highlights the characteristics of its natural behavior, unbridled but not unbridled, indulgent but not coarse.

The so-called heaven and earth all things although the form is different, but the origin is the same, the so-called "heaven and earth and I are born together, all things and I are one", and all things eventually return to nature, the whole banknote design to the picture is clear and stretched, peace and elegance contains all kinds of subtlety and infinite vitality in the natural world, carefully look at it can experience the mood and the scenery on the banknote is closely integrated, naturally form a whole, leisurely can not see a trace of axe carving. The ultimate goal of returning to nature is to be natural, and the state of nature is the essence of nature. Only the aesthetic connection between the subject's emotion and the image and its inner self can reach the supreme state of the integration of the object and the self, and the unity of nature and man.

The new banknote "Song coin" of the Great Song Dynasty adopts the same design on both sides, which is the perfect embodiment of minimalism again, and the dragon pattern in the middle represents both the dignity of the royal family and the background of the imperial court. In the upper left corner is a circle hollow pattern, and a Song is written in the circle, which represents the majesty of our Great Song Empire and is also the symbol of the Song coin. In the upper right corner, there is also a hollow circle pattern, in which the currency number is written, highlighting the face value of the banknote, which is very obvious and easy to identify. In the lower left corner, the emperor's unique thin gold body imperial pen inscription, the Great Song Dynasty Empire's Central Bank issued an honor, its unique pen not only has the function of anti-counterfeiting, but also represents the authority, feasibility and collectibility of the banknote, which greatly increases its trust and recognizability. The lower right corner is an eighteen digits, mainly anti-counterfeiting and issuance identification, the first four digits are the year number 1125, the last four digits are the month and date of issuance, and the last eight digits are the random anti-counterfeiting numbers. Archived for review. Since the Emperor Taishang is currently in Hangzhou, I decided that the Hangzhou Printing Bureau, one of the four major printing bases in China, will be responsible for printing the new banknotes of the Great Song Dynasty. I don't know if you have any other opinions?

In view of the last question about my new policy, Zhang Bangchang, who was punished by me on the spot for walking to work, obviously learned to be well-behaved this time, and as soon as my voice fell, I first stood up and saluted: My Emperor Shengming's officials thought that this move was very appropriate, and the issuance of the new paper money of the Great Song Empire, the Song coin, not only benefited the country and the people, but also spread the fame of the Great Song Dynasty to other countries through overseas trade. While I enjoyed his dragon fart, I also felt that he had deeply realized how hard and helpless it is to walk to work in the past few days.

After all, Cai Jing, who is the wolf of Wall Street in the Great Song Dynasty, is more professional than all of them, and after thinking for a while, he saluted and said: Qi to the emperor, for the issuance of new paper money Song coins, the lower officials also think it is feasible, and the emperor's move has thoroughly summarized all the drawbacks of the previous paper money exchange, heavy metal reserve system, three-year exchange system for old paper money, face value problems, anti-counterfeiting problems, credit problems, and so on. In particular, the Emperor Taishang personally painted this, the lower officials thought it was very wonderful, and the background of the Emperor's calligraphy and painting, anyone who wanted to copy it, the lower officials thought it was impossible.

Just now the old minister thought about it carefully, the old minister felt that the new Song banknote Song money paper used in the palace paper, greatly increased the value of its banknote and anti-counterfeiting, this paper production process is very exquisite, the process it has experienced is as follows: soak the material in water for several days, step on it, bundle it into a small handful, cook the material with clean water, cut off the inner bone, tear the skin into silk, cut the skin into a short bundle with a knife or axe, and soak it in lime slurry. Store for more than a month, put the bark soaked in lime slurry in the pot and cook, take out the material from the pot, put it in a cloth bag and rinse it naturally with river water for a few days, step on the lime water, spread the bark on the ground or on the hillside in the sun and rain, until the color is white, pound it with a treadmill or pestle, add boiling grass and wood ash water to the material, dry it for half a month, wash the material in the river, put it into the pot again to cook, float, expose it to the sun, remove the secondary materials and impurities by hand, cut it with a knife, knead it into the end, wash it in the inner bag, add water to the trough and stir, add paper potion to the trough, slotting and scooping paper, pressing off water, drying the fire wall, removing paper from the wall, sorting and cutting edges, and packing. This method includes four times of cooking, of which two times of clear water cooking, two times of alkaline solution cooking, after this treatment of the paper obtained, white as jade, uniform fiber, smooth surface, on behalf of the current China Dynasty paper-making of the highest technological achievement.

After all, it is still a professional Cai Taishi, especially his experience of paper money, his words are to the point, and coupled with his obsession with calligraphy, it is not surprising that he is familiar with paper. I nodded and accepted Cai Jing's opinion. At this time, Prime Minister Wang Hao saw that Cai Jing had scored another point in front of me, and he couldn't help but feel a little disappointed, and after pondering for a while, he also stood up and saluted: Emperor Qi, the lower officials also very much agree with the paper money issued by the imperial court, according to the reserve rate of 20 percent, it can completely offset the temporary loss caused by the discarded degree and salt banknotes, although it may be that the current imperial court finances will be tight for a while, but in the long run, this will optimize China's economic structure to a large extent, especially for the ban on salt banknotes, etc., Moreover, it corrected this very short-term wrong practice of drinking water to quench thirst in a timely manner, so that its business returned to normal and rational, which was more conducive to the healthy development of Caoyun.