The news that the Ming Emperor was happy with the princess, accompanied by the deliberate leakage of the news by Tonghe Palace, spread throughout the entire Beijing Division, and soon, everyone knew the name of the third princess Zhu Xuanshu, because the name was written on the Pepsi Daji box sent by the emperor to the hundred officials in the Jingtang, and the concierge on the Baiguan Mansion saw it at first sight, in the mouth of the three aunts and six women who walked the streets and alleys and were well-informed, this name was known to everyone.

Emperor Ming is in good health, and there are heirs continue to be born, it is good news for the Ming Dynasty, after all, after the Ming Wuzong heir, there was a great turmoil, the vassal kings everywhere are ready to move, the scholars and doctors in the court, also look down on the Jiajing Emperor in the countryside, the sacredness of the emperor is widely questioned, the emperor for the majesty of the imperial power, tossed again and again, until the world is tired.

Zhu Yijun finally knew why Wang Chonggu wanted to beat Wang Qian, and this was the second time in two months.

The first time was when Wang Qian felt that Zhang Ju was seeing a doctor, and the Jin Party could take the opportunity to expand its influence, and was chased two streets by Wang Chonggu; The second time, the Wang family announced to the public that Wang Qian was jealous of others in Taibai Building, and sent a thousand flower baskets, and Wang Qian was driven two more streets.

But this is the news announced to the outside world, in fact, Wang Chonggu beat Wang Qian for another reason.

It really deserves to be beaten.

Daming has a huge speculative activity, that is, at the beginning of the wool business, the luxury of the worsted wool this kind of silk currency pursuit, the whole process is, because of the scarcity of the silk currency and Wang Qian told the story, from seven dollars per foot to two silver per foot, the rapid rise in the price of silk coins triggered the fanatical pursuit of wealth by luxury households, the price of silk coins was further pushed up, and the silver dam further promoted the appreciation of silk coins, making more people more crazy to invest.

In the end, it was crazy to the point of twenty-four silver and one foot of cloth, and Daming only sold a cow for six silver.

According to the original script, when the silk coin quickly absorbed the silver in the hands of the luxury households under the effect of word of mouth and class barriers, in order to further push up the price of the silk coin, the luxury farmers chose to split the silk coin into smaller units, absorbing the silver of the Chinese family and the poor coolies, until the complete loss of rationality and the final bursting of the bubble, millions of people went bankrupt and displaced.

However, because of Zhu Yijun's smashing behavior, a large number of silk coins were released, which led to a plunge in the price of silk coins, and even the trading houses set up by the private sector were directly closed in the process, and many speculators who borrowed money jumped into the Tonghui River, so the silk currency bubble was punctured, and it did not affect the classes below the middle family.

But this huge speculative activity still produces a speculative culture, specifically, manipulating the price of 'commodities' to buy low and sell high.

The means of manipulation are varied.

Washing, several luxury households with a large number of silk coins in their hands united, a large number of goods, deliberately stepping on the price, causing panic in the trading house, and causing small households to sell all their silk coins in panic, which united together the luxury households, take the opportunity to recycle at a low price, pull up the price of silk coins.

On the contrary, outside the Yanxinglou trading house, a private trade fair with a threshold is set up, which is extremely high, and the silk currency in the hand is dismantled upside down to manipulate the circulation of the silk currency in the hands of the trader, and then control the price of the silk currency within a controllable range.

Sitting in the village, a small private trade fair with a very high threshold, this small collective, almost controls all the circulating supply of silk coins in the Yanxinglou trading house, forcing any other buyers who need to buy silk coins, or new leeks, to buy at the manipulated price to make profits.

At the time of the final smashing of the Yanxinglou trading bank, a method of 'short selling' was also born, selling the silk currency that did not belong to oneself and borrowing other people's silk coins, and after the silk currency plummeted, it was repurchased at a low price to return the silk currency and complete the profit.

These speculative means of manipulating prices, mainly these four categories, more specific means and operations, can be said to emerge in an endless stream, and in practical application, it will be repeated many times of joint application.

As one of the initiators of the silk coin business, Wang Qian is obviously familiar with these things.

After Wang Chonggu was busy with the affairs of the court, he suddenly found that Wang Qian, an unconscious son, had not taken money from home for several months, but Wang Qian was still generous outside, and as soon as he made a move, he gave 10,000 silver to the Oiran, which made Wang Chonggu immediately realize that it was bad!

Soon, Wang Chonggu found out where Wang Qian's silver came from, Wang Qian united a few gentlemen, and controlled the pearls of the Beijing Division, because it was rumored that the wedding of King Lu Zhu Yiyi would use a lot of pearls, Wang Qian arranged it a few months ago, and constantly raised the price of pearls.

Wang Chonggu was directly angry when he found out, carrying the ring head knife, these two times, Wang Chonggu was really angry, isn't it good to be a broken man quietly? Do you have to make your own money? The family has so much money that you can't use it up, and you still want to make money?

"Leave the Yanxinglou ship ticket trading house to Wang Qian to take care of it." After Zhu Yijun read the cause and effect of the matter, he chose to let Wang Qian take the lead of the transaction.

Feng Bao frowned, and said in a low voice: "Your Majesty, this is not good, Wang Qian is so speculative, he controls the trading house, I am afraid that the trading house has been hollowed out." ”

Yanxinglou trading house, to be completely subordinate to the internal department, into the previous tripartite moderation, that is, the Ming chief civil official, internal officials and eunuchs, supervision of the tripartite, just like the tax room pilot, only subordinate to the Beizhen Fusi, after the tax room became the tax institute, it also became a tripartite moderation, Yanxinglou trading line to expand the scale, so the reform is imperative.

Feng Bao could understand this expansion, but what he couldn't understand was why the official in charge of trading should be handed over to Wang Qian? This guy has the power, can the trading house really do it?

Zhu Yijun smiled and asked, "Do you think he dares to hollow out my trading house?" ”

"Don't dare." Feng Bao replied immediately.

This Wang Qian is the originator of speculation, but his father is Wang Cifu, the Wang family has been seeking to reduce the size to prevent touching His Majesty's killing line, Wang Qian will not make profits in the trading house anyway, and will not even make any small moves, to achieve a passive incorruptibility.

It's not that I don't want to, but life is more important than money.

And Wang Qian knows too much about speculation, and the trading house is handed over to Wang Qian to take care of, but he can see the darkness clearly.

Zhu Yijun reviewed the three joint performances of the Ministry of Industry, the Ministry of Households, and the Ministry of Officials, the Ming Dynasty wants to go to the Hetao to repair the Chi Road, the official road post road court still has some silver, repair the Chi Road, open the mine, the Ming court really does not have so much silver.

"What is the essential difference between a silk currency trading bank and a ship ticket trading bank?" Zhu Yijun looked at Feng Bao and asked.

Feng Bao fell into thought, and soon, he gave up thinking, he bowed his head and said, "Your Majesty, is it possible that the minister is just a eunuch?" ”

Zhu Yijun looked at Feng Bao, the actor was pretending to be stupid again, he said with a smile: "Silk currency is not a means of production, and a ship is a means of production is a fixed asset, which is equivalent to the existence of acres of land, a ship is equal to stable profits, and in the silk coin game, it is a complete zero-sum game, one party will benefit and one party will inevitably suffer, there is no output, and the losses and gains of all parties in the game add up to zero." ”

"Silk currency trade does not produce wealth, only wealth transfer, while ship tickets are different, both transfer wealth and wealth are generated."

"In a zero-sum game, someone will win because there are losers, and this is a game where there must be winners and losers, so everyone who enters the game will lose their rationality; Rather than a zero-sum game, because there is a steady stream of benefits, all those involved are likely to be winners, which is the essential difference. ”

"Stable interests are speculative rationality."

Feng Bao thought seriously and then bowed his head and said, "As soon as Your Majesty said this, the minister was even more confused. ”

Feng Bao didn't understand it too much, but he could write it down and slowly understand it in the future.

With the expansion of Yanxinglou Trading Bank, Daming will issue two categories of tickets, namely roads and mining, which are to raise funds for the construction of Chi Road and mining, and then distribute dividends to holders with the proceeds of Chi Road and mining.

In the process of economic development of the transformation of the small peasant economy to the commodity economy in the Ming Dynasty, Yanxinglou has undertaken different historical missions at different points in time, it has supported the financing of the huge investment in the Ming shipbuilding industry, after the expansion, to promote the wave of the construction of the Ming Chi Road, but also to inject the first funds into the Ming Dynasty to realize the freedom of silver and copper coal.

Regarding the expansion of Yanxinglou, the DPRK and China hold two completely different views.

One is represented by the radical Wang Daokun, who advocated the importance of trade, believed that commercial behavior should be supported and encouraged, and advocated that the imperial court should establish a ministry of commerce to directly intervene in commerce, and that the imperial court should play an active role in maintaining economic order.

The other is represented by the conservative Wang Chonggu and Wang Guoguang, who abhor and reject all speculation, resolutely stifle the wind and public opinion that advocates speculation, and call the Yanxinglou silk coin transaction a gap between human nature and evil, which is the ugly embodiment of human evil.

In the end, under the mediation of Zhang Juzheng, the radicals and conservatives reached an agreement.

The basic national policy of the Ming Dynasty is to develop both land and sea, military, political, economic and cultural, the weight of the Ming sea trade in the economy is too high, if there is no sufficient industry in the north, it is very likely to lead to an economic imbalance on land and sea, and the long-term imbalance will inevitably lead to the separation of the north and the south again.

At the beginning of the country, in order to stitch up the north and south, large-scale migration of people, vassal kings, the big case of the north and south lists, and the confirmation of the number of Jinshi in the north and south lists, etc., only then did there be today's general consensus, everyone is a Ming person.

The expansion of Yanxing Building and the regulation of Nanyin and Beiban are of great significance.

The conservatives were finally convinced, and the reason was simple: could the imperial court really reduce private speculation by prohibiting it? Such uncontrollable speculation will only be more dangerous, because they are all dangers hidden under the water's surface.

The Ming Dynasty's maritime ban policy was very strict, and it did not delay the luxury households on the southeast coast to set up private sea trade.

In spite of countless shipwrecks and dangers, people still set sail to sea, and in the same way, despite countless bubbles, people will still enter the game, buy low and sell high with a vision of a better future, and put their money into the bubble to participate in the game.

Under the intervention of the Ming court, this game may become a non-zero-sum game, making everyone a winner, but in the people, it will only be a gambling house, and the money has not increased, but it has flowed.

Wang Qian, who was in charge of trading, became the first president of Daming Trading Bank.

In fact, there is a very serious and serious problem, Daming Yanxinglou trading bank, now has stable interests, so have rationality, once there is no stable interests, it will inevitably lose rationality and there is no difference between the silk currency business, which needs to be transparent, that is, to make the financial report public, and make the profits transparent.

But with the passage of time, with the emergence of private trade fairs, that is, 'market makers', even if there are stable interests, through the way of accounting, stable interests will be artificially controlled, which will eventually lead to the loss of rationality, and the trading house will become a chasm of human nature.

The design of the system can delay this time, but the greed of human nature will make this time advanced, which is the contradiction of the trading bank, how to design the system and administrative constraints, and adjust this contradiction, is the test in practice.

The new news on the trading bank ticket soon spread throughout the Beijing Division, Jin merchants, Xitucheng luxury households, Hui merchants and so on began to gear up, and before the new, the Ming Dynasty issued the first special treasury bonds, five years, a total of 10 million silver special for the construction of galloping roads and mining treasury bonds, the interest rate is 3%, this interest rate is not high, is a loan guaranteed by the reputation of the imperial court.

Zhu Yijun thought that the treasury bonds would be sold out in three to five months, which was exactly the time for early preparation, which was already a very optimistic estimate.

The credibility of the Ming court? You can't talk about something that doesn't exist.

But Zhu Yijun seriously miscalculated his reputation, indeed, the Ming court has no credibility at all, but His Majesty has, and is very strong, stingy to the world-known Your Majesty, several years of public investment matters, and dividends according to capital, which is under the imperial power of the Ming Dynasty, is more outrageous than the sun rising from the west.

Instead of believing that the emperor will pay dividends, it is better to believe in the Monkey King.

But the reality is that the Ming Emperor is really paying dividends.

There is also a possibility that the ship ticket will lose money because of the shipwreck, but His Majesty's loan here is absolutely sure to make a profit, and the conservatives still account for the majority.

In the eyes of the vast majority of people in the Ming Dynasty, the emperor and the court are one, and the credibility of the Ming Dynasty is mainly composed of the emperor's promises.

Although the interest rate is not high, it is better than stability.

This special treasury bond of 10 million silver was completely divided without leaving the capital division, and even most of the people did not know that there was such a thing, and after hearing the news, Pan Jitao, the governor of Tiantian, and Shen Shixing, the governor of Songjiang, immediately went to the imperial court, thinking that the imperial court was too partial, and the luxury households that enriched Gyeonggi were His Majesty's subjects, and the luxury households in Nanya and Songjiang were not?

I finally caught the opportunity to explode the emperor's gold coins, and I missed it like this! How not to make people feel sorry!

Suiyuan Wuyuan Mansion, on the top of the Yellow River, the foot of the silver mountain, close to Wuliang Suhai, here is the Hetao Plain, but also the pastoral area of the Erduo Department, the Erduo Department is called the Hetao people, this tribe is mainly responsible for the sacrifice of Genghis Khan's mausoleum, Qi Jiguang ordered the ten thousand households of the Erduo Department, ordering them to surrender, and the Erduo Department did not hesitate.

Wanhu Jineng and Che Duan Taiji of the Erduobu chose to surrender immediately.

The speed of surrender was incredible, so that Qi Jiguang suspected that he was surrendering, and it was not until he figured out the situation that he figured out the reason.

In April of the fifth year of Longqing, the Ming Dynasty sent an envoy to pay tribute to Altan Khan in Bansheng, and at the grand ceremony, the ten thousand households of Tumut, Karaqin and Yongshebu were all granted official positions by the imperial court, but they did not receive any titles and official positions.

The excitement is someone else's, and the embarrassment is your own.

This annoys Yoshino and Kirita.

Altan Khan is deliberately suppressing the Erdo Ministry, because the ten thousand households of the Erdo Ministry, Gunbiric, have had several conflicts with Altan Khan, and when Altan Khan was young, Gunbirik was a strong opponent of Altan Khan, and after Gunbilik's death in the twenty-first year of Jiajing, Altan Khan completely sat in the position of Great Khan.

Therefore, at the tribute ceremony in April of the fifth year of Longqing, Altan Khan did not give any title or official position to the Erduo Ministry.

In August of the fifth year of Longqing, Ji Neng and Taiji left the relationship between Shaanxi and wrote to the imperial court, hoping to pay tribute alone, not to ask for the king, and to seal a hereditary commander, but this request was lost in the sea, because the main theme of the court at that time was the dispute between Gao Gong and Zhang Juzheng's first assistant.

In June of the sixth year of Longqing, Ji Neng and cut all Taiji, and once again asked someone from Shaanxi to write to the imperial court, asking for tribute.

But at that time, the Longqing Emperor had already been in a big line, and the Ming court also tightened the canonization of the Saiwainu chieftains, and Ji Neng and Cut Taiji missed the opportunity to exchange markets with the Ming Dynasty.

This has a middleman to make the difference, the livestock sold will be stripped by Altan Khan, and the goods from Daming will be stripped by Altan Khan, this back and forth, the resentment in the heart of Erduobu is getting deeper and deeper, when the news of the Great Tomorrow soldiers crusading against Bansheng spread, Altan Khan asked Ji Neng to lead troops to help Bansheng, Ji Neng and cut all Taiji, and chose to pretend to be stupid.

received the news again, it was Qi Jiguang's document asking for surrender.

The Ming Dynasty had a complete set of mature resettlement methods for the Tartar officials, and after discussing with Ji Neng and cutting all the Taiji, all the more than 100 households in the Erduo Department agreed to go to Shaanxi Xingdu Division to resettle, and changed their surnames to Han, and no longer led the soldiers and horses of the headquarters.

In this era, being able to be a Ming dog is a kind of luck for Erduobu, and it is far stronger than the wild dogs running around and wandering.

As long as Ji Neng and Cut Tai Ji don't commit crimes, their family can always be the hereditary commander of the Ming Dynasty, and the children and grandchildren can really become the Ming people, but on the grassland, it is very likely that after a heavy snowstorm, they will be cut off by their subordinates in exchange for a reward.

In an unstable society, even meat eaters are cautious about their lives.

"Eighty percent of the people in the Hetao are Han Chinese." Chen Dacheng said with a solemn face: "They all escaped from the Han land. ”

Eighty percent of the Han people, two into the north, constitute the Hetao people, after a simple visit, Chen Dacheng got this result, the composition of the Hetao people, people are fortunate at the same time, but also a little sad, fortunately, the Ming Dynasty has a stable ruling foundation in the Hetao, sad is that the Ming never seemed to pay attention to this place before, nor did they pay attention to why they fled here.

Qi Jiguang carefully checked the Tang newspaper, Li Rusong had raided Wuhai, this expedition has ended so far, the end of the expedition does not mean the end of the war, and the next is a more severe public security war.

The Beijing battalion led by Qi Jiguang will stay in the Hetao for a year, and the main work of this year's military management time is to hand over the defense of the Hetao area to the three sides, Yansui, Gansu, and Ningxia.

Ningxia Wei contains the entire Helan Mountain, the three sides of the Hetao are enriched, and the Hetao is considered to be a complete military garrison, which is a real land county, in addition to waiting for the three sides to enrich the Hetao, there are also migrants, Shaanxi, Shanxi, Gansu (Shaanxi Xingdu Division) and other places because of the merger of the displaced people, moved to the Hetao for resettlement.

In this year's military management time, the Ming Jing camp will sweep away the horse bandits in the entire Hetao area, providing a good public security environment for the Ming Dynasty to operate the Hetao, and clearing the horse bandits, you can quickly obtain the recognition of the Hetao people to the Ming court, and the people's hearts are turned against the back, which is the foundation that determines whether the real land county can be stable for a long time.

The solidity of mountains and rivers is not in danger in Germany.

Qi Jiguang's eyes looked at the Hetao north of Yinshan Mountain and south of Yinshan Mountain, because of the existence of the Yellow River, the Hetao Plain is full of vitality, under the spring breeze, there is an endless grassland, between the rising hills, you can see a flock of sheep, dotted in between.

To the north of Yinshan Mountain is the natural enemy of farming, the desert.

The desert is more than 400 miles deep, the endless yellow sand, roaring in the wind, the ancient road has already been submerged under the yellow sand, the Marquis of Daming Duntai in order to find out the movement of the Warat people, to the Wara and Lin Ting, and accidentally found the big mine of Womagang.

Altan Khan made a conquest against the Warats, and the conquest was only a conquest, and there was no actual rule after that, because of the desert.

The north of the desert is called Mobei, and the grasslands in the south and north of the desert have a long history.

Daming Temple counts, even the most radical Tan Lun, the plan is to recover the Hetao, with the help of the desert and the Yinshan Mountain Range, to build a border defense of the military garrison, and firmly rule the Hetao, Tan Lun did not expect that there would be a Womagang, and the plan to regain the Hetao will stop at Yinshan.

But the appearance of Womagang has made all temple calculations a joke on paper, and this joke even includes Qi Jiguang.

Qi Jiguang did not think about continuing to open up to the north when he was in the temple, the thirteen northern expeditions in the early Ming Dynasty, as well as the conquest of Altan Khan, failed to achieve the actual rule of Mobei, in fact, even Hu Yuan, who originated in Mobei, could not effectively rule Mobei, Kublai Khan could not do it.

Meng Ge, the co-owner of the grassland, died under the Diaoyu City, and at this time, the huge Mongolian kingdom was divided, one faction was Ali Buge, who abided by the grassland custom of 'young son guarding the stove', and the other faction was Kublai Khan, who had the Central Plains custom of 'the country is dependent on Changjun'.

The Mobei headquarters, the old nobles, and the kings of the sect supported Ali Buge, while Kublai Khan, with the Han bureaucrats and the Han princes, began the Northern Expedition and successfully set foot on the Mongolian holy land of Hala and Lin.

This is the place where Genghis Khan swore to the immortal heavens to establish the Great Mongolian State, Ali Buge was defeated and surrendered, and followed Kublai Khan back to the Central Plains.

The dispute between the north and the south of the desert did not end with the defeat of Ali Buge, and in the twenty-third year of the Yuan Dynasty, the Erjin Naiyan, who occupied Hala and Lin, launched a rebellion again, and Kublai Khan had to take the Han Shihou to the north again, and once again broke through Helin, wrapped Naiyan in a blanket, and fell to death.

In the twenty-third year of the Yuan Dynasty, this time he broke through Helin and slaughtered the city.

The triumphant Kublai Khan had to order that traffic be cut off, and the three official post roads leading from Horin to the Central Plains were cut off.

The food and drink of Hala and Lin were all transferred from the Han land, and Kublai Khan's embargo directly caused Helin to be trapped in famine.

Daming actually has no interest in Mobei, the Warat people entrenched in Helin, if they are willing to go west, Daming will not stop them, but if the Warat people want to enter the Kouhe Loop, there are deserts and Yinshan Mountains, and they can't do it.

It turned out that the plan was just to recover the Hetao, everything was in line with the design of the temple calculation, and Qi Jiguang was even the leader and host of the plan to recover the Hetao.

Now, a crouching horse hill has disrupted all the arrangements.

The appearance of that piece of Woma Gold was completely accidental, but since Dr. Gewu had found the root cause of the dragon and gold, Da Ming knew that there was a mountain of gold, silver and copper here, so he would never give up on it.

Building a 400-mile gallop road is not a problem, the problem is how to hold the mine, there is a mine called Womagang, which means that the Ming Dynasty must continue to develop to the north.

"If you want to take the mine for your own sake, you have to hit at least the North Sea (present-day Lake Baikal)." Qi Jiguang looked at Kanyu and said with a slight headache.

Starting from the Beijing Division, it takes at least 3,000 miles to fight to Beihai, not counting the local army, just the grain and grass supply of the Beijing camp, the long supply line, Qi Jiguang has no confidence to persuade the Ming Duke of the DPRK to fight in the past, it is simple to fight in the past, and Qi Jiguang feels that it is not a problem to win the current Beijing camp, the problem is that after the battle, the Ming army can only withdraw.

Chen Dacheng thought for a moment and said: "It is to build a camp and fort around Womagang to defend, anyway, we only need mines." ”

The scope of Shitu County is only as far as Womagang, which is Chen Dacheng's idea, which is easier to achieve.

Qi Jiguang took a deep breath and said: "But this mine can be mined for at least fifty years, and if there is still underground, I'm afraid it won't be as simple as fifty years." ”

According to Dr. Gewu's opinion, the mine does not exist alone, and in addition to a Womagang, there must be other mines in the land of Mobei.

As a general, Qi Jiguang wants to formulate a Mobei development plan for His Majesty, and initially realize it.

(End of chapter)