CHAPTER 80 FINANCIAL SYSTEM MODERN BANKING
Wang Hao will not let go of the slightest opportunity, this time he took the opportunity to count Cai Jing again, the previous imperial court canal used the sectional transportation method, because there were grain warehouses of the imperial court in Zhenzhou and other places, and the Cao transport ships of Jiangnan Sixth Road transported the grain to Zhenzhou and other places, and then unloaded the grain, loaded it with salt and then sold it locally, so that it would not run back empty. In order to make money for the old man, Cai Jing sold salt in Jingshi in the form of salt banknotes, that is, he sold salt futures, not the actual salt, so that the segmented transportation method of Cao Yun lost the salt transshipment in Zhenzhou and other places, and the grain ship would feel that it was not cost-effective, and the grain would not be transported to the imperial grain warehouse in Zhenzhou and other places, plus Huashigang and other reasons. As a result, the imperial court's sectional transportation method was gradually shelved, and finally the grain from the Jiangnan Road was directly transported to Beijing by direct shipping method. And how to insinuate and take the opportunity to attack Cai Jing at the court meeting, all the ministers also know it, and I also understand Cai Jing's approach, and I can better understand the little Jiujiu in Prime Minister Wang Huang's heart at this time, but after all, their mutual biting is the most desirable thing for me, the monarch of the Great Song Dynasty.
At this time, Liang Shicheng, the inspector of the school, also took the opportunity to say: Qi Emperor, although the old minister does not understand the specific economy, but from the speeches of the ministers just now, the emperor's move is also very acceptable, the so-called new atmosphere of the new dynasty, the issuance of new banknotes, plus the emperor's own handwriting, this is a good reflection of the unity of the monarch, the vigorous atmosphere of the new dynasty. Liang Shicheng meant that the emperor was generous, asked the emperor to draw new banknotes, and indirectly handed over the responsibility of printing to the emperor in Hangzhou, which completely shattered the rumors of the previous court, saying that the emperor was forced to abdicate by the prince and the ministers, and retreated to the second line of the south of the Yangtze River. Of course, this is just a few rumors on the streets, I am in the deep palace of the court, I really don't know, but Liang Shicheng and they occasionally hear it.
Seeing that the important ministers of the imperial court all approved the issuance of new banknotes, and discarded financial products such as dumu and salt banknotes. Cai Jing as the head of the imperial court economy, the prime minister Wang Huang is currently in charge of the three provinces, Liang Shi has become the hidden minister of the Beijing Division, and Li Bangyan is the prime minister, and the ministers have no other objections, after all, the emperor on the dragon chair is sitting there, if you can't find a valid reason, think about it, that Li Bangyan who walks every day, this is simply murderous and punishable. They all expressed their support!
Seeing this, I said directly: Since all Aiqing have no opinions, then issue an edict to all roads, states, governments, and counties across the country to report this matter, and form a document on the resolution of the court meeting, and send it to Hangzhou with 800 miles of expedited delivery. Next, I want to split the city affairs of the imperial court according to its functions, in order to clarify its economic professional functions, in order to better serve economic development, and also to clarify responsibilities.
Specifically, the city is abolished, the original personnel are classified according to their different functions, and the raw material procurement department is transformed into the national strategic material reserve center, or is it responsible for the procurement and storage of the country's strategic materials and bulk materials related to people's lives, so as to prepare for the needs of special situations such as disaster years and wars. The original arrival office is the common people's commonly known industrial and commercial money bank independent, the establishment of the arrival office industrial and commercial bank, the use of its dense network throughout the country's states, governments and counties to be responsible for the issuance of private commercial loans.
At the same time, the Ministry of Agriculture, which was commonly known as the common people, was also independent, and it was responsible for the issuance of loans to private agriculture and small handicraftsmen, and the above two were brought under the jurisdiction of the Central Bank of the Great Song Dynasty, which issued paper money, and finally the convenient money used for remittance business was merged into the commercial money bank and the agricultural bank, so as to straighten out the relationship between the various financial departments. First of all, the central bank of the Great Song Dynasty issued new banknotes and Song coins, and then the strategic reserve of the Great Song Bank made 20 percent of the heavy metal reserves of the new banknotes and Song coins, and then the central bank imported paper money to agricultural money and commercial banks, and issued them to the people in the form of loans for commercial and agricultural purposes through the above two banks, thus forming a closed-loop circulation system of the entire currency, so as to form a relatively perfect monetary system of iron money and copper money for small commercial transactions, paper money for medium transactions, and gold and silver for large transactions.
After all, the commercial and agricultural money houses have the endorsement of the imperial court, and after the adjustment, the integration of loans and deposits has been realized, so that it is convenient for the people to generate income for the state at the same time. Another aspect is that this move will greatly eliminate the exploitation of the people by private usury, and the interest rate of private usury is as high as 40 percent, which not only harms the people at the bottom, but also seriously threatens the financial security of the imperial court. As for the distribution of wealth, although the imperial court charges 20 percent interest to the people, the imperial court uses this wealth for social welfare and other aspects, that is, the so-called taking it from the people to the people. This is much better than putting this wealth in the hands of greedy capitalists.
At the same time, the imperial court should do a good job in guiding private capital, since the imperial court excluded private usury from the financial system, then the huge private capital must have a way out, and the deposit business of commercial money and agricultural money is also open to private capital, and at the same time guide private capital to turn to porcelain production, tea and other cash crop planting, grain planting and huge profits of overseas trade and other industries, which can not only expand the scale of the above-mentioned industries, promote the comprehensive and healthy development of the economy, but also find a reasonable way out for private capital. After all, the nature of capital is profit, only the imperial court policy is good, the industry profit is enough, can be a good guide to these private capital, but also to appease the landlord class and the gentry class emotions. I don't know what your opinion is!
For Cai Jing's fifth son Cai Ying to be in charge of the new banknote Song coin, one is to cultivate his own team, after all, this person has a loyal personality, after all, he is the husband of his sister Zhao Fujin, and the third is to choose a successor for Cai Jing and his family, Cai Jing's previous affairs have been discussed a lot, and many policies during his reign are controversial, and the long-term use of such former ministers will inevitably affect the credibility and prestige of the new dynasty, so at the same time, Cai Jing is also preparing for Cai Jing's retirement and liquidation, Cai Jing can certainly understand this truth, After all, once a son of heaven and a courtier, but at present, I still rely on them to help me take care of court affairs, that is, the transition stage, these Cai Jing also knows that he still has the value of use, and make every effort to choose a successor for his descendants and family, plus he is old and frail, as long as he can find a spokesperson for the Cai family before he retires, he will be content, just asked his son to be in charge of the new banknotes, he also knows in his heart, this is the emperor is arranging the Cai family and his own affairs, although this is just the beginning, But this is indeed a good start, and it seems that Cai Yan will be the hope and sustenance of the entire Cai family in the future.
As soon as I finished speaking, Cai Jing first came out with a list and said: My emperor is a great talent, after the emperor's layout, not only optimizes the functions of various financial departments, but also simplifies the degree of cumbersomeness, and at the same time is more market-oriented and transparent, and pushes the economic department of the imperial court into the sea of the market with one foot. A certain amount of interest is given, which also finds an excellent investment channel for private capital. According to the interest difference between deposits and loans, money banks can earn reasonable profits, so as to ensure that the interests of the state are not damaged, and they can also use their profits for social welfare industries such as nursing homes. The old minister completely agreed with the policy of the Holy Lord just now. After speaking, he knelt on the ground, and the emperor Shengming kept shouting.
Bai Shizhong, the prime minister and subordinate servant of Cai Jing, who is mainly based on Cai Jing's will, also seized the opportunity at this time, and hurriedly followed Cai Jing to kneel and bow: God bless the Great Song Dynasty, the emperor is the true dragon son of heaven, after the emperor's adjustment and planning, the current economic department of the imperial court is more independent, perfect and sound, which will greatly provide a solid guarantee for the economic development of the whole country. At the same time, this move will greatly increase the economic vitality at home and abroad, especially to guide the healthy and orderly development of private capital, and guide it to help and assist them in emerging industries to develop and grow. Thus laying a deep foreshadowing for the imperial court's taxation, thus forming a virtuous economic circle. In particular, if the high-profit overseas trade is well guided, it is bound that China's overseas trade will reach a new level.
And the ruling and Shangshu right Chengyu Wencuizhong, who has always been in the center and does not favor either side of Cai Jing and Wang Huang, and Zhao Ye, the ruling and imperial historian, also knelt down and bowed at the same time: The emperor is talented, and the lower officials and others are very impressed, and the lower officials and others seconded the proposal. As Cai Jing's eldest son, Cai You, who pinned all Cai Jing's previous hopes, also saw the mystery of the court at this time, since the last time I matched their father and son on the side, he also woke up, and at this time there were waves in his heart, after all, Jiang is still old and spicy, and his father's political wisdom is really more than a little higher than himself, and the discord between father and son has also given others the opportunity to provoke, and at the same time left an unfilial impression in the emperor's heart. Now the fifth child has obviously received the favor of the new emperor, and the emperor's name to make him responsible is a signal, if he does not change, I am afraid that it will be difficult to have his own foothold in the court in the future. Thinking of this, he also knelt down and said: The emperor is enlightened, and the lower officials also seconded it!
Liang Shicheng saw all this in his eyes, and he knew very well in his heart, for him, he didn't expect anything else, as long as he could keep his peace, it would be the best ending. He understands very well that the new emperor is not as good as the emperor, he has vigorous and resolute means, and he has lofty ideals and ambitions. With his own ability, he can't fool at all, so he is also resigned to his fate, and at the same time, he has always been glad that he supported the prince's position before, so he didn't worry too much about what the new emperor did to him, and it should be no problem to ensure a happy life in the second half of his life.
At this time, as soon as I looked at the ministers kneeling below, I smiled and said: All Aiqing is flat, since all Aiqing agrees, then follow this edict to implement, and at the same time inform all roads, states, governments, and counties of this matter, and specifically mention one point in the edict, I hope that all localities must pay attention to the implementation of this matter, and strictly protect the local agriculture and commercial banks, and do not excessively interfere with the development and development of their business in the local area. Then he glanced at the attendant beside him, and then the scream of the attendant sounded, and he retreated. And when they again bowed down and bowed, they withdrew one after another to the outside of the temple.