Profits tax, silver and brass outflow of 50% tax, Zhu Yijun wants to encourage maritime merchants to go out, but does not want them to take silver and copper out, so the scope of profits tax is limited to silver and brass, two precious metals.

It can be regarded as the law of the ancestors, after all, there was a very clear ban on gold and silver in the early Ming Dynasty.

Once this regulation is announced, I am afraid that it will arouse fierce opposition.

Because in the eyes of the widespread maritime merchants, this is another powerful intervention by the imperial court, which will make them very uncomfortable, which is expected, because of the distance, the gentry in the south of the Yangtze River have no empathy for the northern captives, but they are afraid of the troubles in front of them.

The Songjiang school had a similar view, which believed that the imperial court was cheating.

For example, in the view of the Songjiang School, the imperial court used the broad concept of Han people to make you, who have nothing to do with this matter, hate the northern captives you have never seen, and what is the specific connection between you living in the south and the northern captives?

And then you have to be proud and moved by achievements that are completely unrelated to you, what's the use? It's useless except for a little talk when you drink, and part of the money for waging war comes from you, who have nothing to do with it.

The freedom in the eyes of the Ming Gong is completely different from the freedom of the Songjiang School.

The freedom of the Songjiang school is the freedom that will not be interfered with at all and is completely centered on self-interest, while the freedom in the eyes of Ming Gong is the freedom under reason, the freedom with restrictions, and the freedom to abide by the basic rules.

The Public and Private Treatise can refute similar arguments.

Daming's crusade against Bansheng is closely related to Daming, and Daming is the largest collective and the largest public of all Daming people at present.

If it is impossible to safeguard the interests of this largest collective, then the relatively public and private, that is, the small collective, will not be able to guarantee their own interests, this is a truth that even the Jin Party has understood, and His Majesty and Zhang Juzheng have made it very clear.

The left and right wings of the Tatars, the Jurchens of the Haixi Savages of Dongyi Jianzhou, and the Seven Divisions of Transkhalkha will have doubts about the Ming from the bottom of their hearts, and then the heart of disobedience will gradually rise, and eventually they will come together and attack the Ming together.

Tan Lun, Qi Jiguang and others attached so much importance to the Great Xianbei Pass because they were afraid of the confluence of the left wing and Dongyi led by the Tuman Khan.

The possibility of Daming getting out of the jam and completely defeating the enemy is very small, Daming failed to break before the enemy completed the confluence, when the grassland tribes completed the confluence to attack the Ming Dynasty, even if the Ming Dynasty was undefeated, it would become a deep and bottomless scar on the Ming body, and it would continue to bleed.

At that time, it will change from invisible correlation to explicit, and it will really be closely related to the world, and a vicious circle will appear.

The Ming Dynasty needs to increase its strength to resist the captives, increase its strength and need money and food, the imperial court needs to increase the number of meat eaters who are good at price transfer, and the meat eaters who are good at cost transfer will let the most ordinary people bear the tax increases, ordinary people can not afford to cause civil unrest, and the civil unrest will further destroy production and lead to more civil unrest, the Ming Dynasty is weaker, more unable to refuse capture, and the weaker Ming will make more and more people who are not subservient outside the country.

Therefore, the crusade against Bansheng, or the protection of the interests of the largest collective of Daming, is really closely related to everyone.

Qi Jiguang has always advocated a decisive battle in the opposition, and the only solution is to fight the enemy, but Zhang Juzheng knows that he can't do it.

At this time, Zhu Yijun proposed to Wang Guoguang to print a treasure banknote that was difficult to imitate but could not be cashed, and the intention could not be more obvious, seigniorage.

Seigniorage is called fire consumption in the Ming Dynasty, and the embossing of silver coins and the minting of Tongbao are fire consumption, and this fire consumption is profit, minus a part of the silver, copper, mixed with lead and tin, which is the seigniorage.

At present, there are more than 120 casting furnaces in the Ministry of Industry, 10,000 and 400 money makers are registered and sitting, and more than 600 million coins are minted annually, with the rapid development of Luzon Copper, the Ming Ministry of Industry is also developing rapidly, and the people of the Ming Dynasty generally recognize Wanli Tongbao, for the private casting of flying money, it is disdainful, it is really a small weight of flying money and less copper, not durable and has no exchange value.

It is said: Seeing the trend of profit, there is a private casting every day, although it is more than death, how thin and little copper is made of money, and it is not feasible to pile up.

The seigniorage on the printing of silver coins and the minting of Tongbao is already very generous, but it is definitely not as fast as the printing of treasure money!

The treasure banknote is already rotten in Daming, and everyone does not recognize the treasure banknote, so it is a good idea to print money and send it overseas.

Xu Jiugao sailed around the world and saw the chaos of colonial currency in many colonies, the embossed silver coins were cut, the pearls were woven into strips and were treated as money, and even the receipts of tobacco companies and the well-looking stones could become colonies of currency, and there was no doubt that the hard-to-imitate Daming treasure banknotes would have their own place.

"If this treasure money can't be cashed, is it a loss of trust for the country?" Zhang Xueyan first raised his own concerns, the step is too big, it is not a good thing for the Ming Dynasty, Wang Guoguang and Zhang Xueyan are both traditional conservatives, they do not agree with the issuance of treasury bonds and borrowing money from the people.

Zhu Yijun shook his head and said: "In Daming, even a seven-year-old child knows that treasure money is useless. ”

Wang Guoguang still shook his head and said: "But this can not cash the treasure money is against the ancestral law, the beginning of the Hongwu eight years, the treasure banknote is consistent, one tael of silver, one thousand copper coins, and copper coins are used in common use, the forger is beheaded, the arrester is rewarded with two hundred and fifty taels of silver, and then the prisoner is given property, and the law of money exchange is established, until the twenty-sixth year of Hongwu, the money exchange law is abolished." ”

Daming treasure banknotes have their own complete system design, including cashing, the death of private sealers, heavy rewards for reporting and exposing, in addition to silver, but also to confiscate the prisoner's family property, and even regular banknotes.

Daming treasure banknotes, there is a very clear system design, not Zhu Yuanzhang patted his head, and directly started printing money.

The Ming Dynasty also copied the Yuan Dynasty's homework, in the time of Kublai Khan, the prime minister Ye Li Ding "Ye Li Fourteen Strips", the late Song Dynasty and early Yuan Dynasty treasure banknotes of various drawbacks were reformed.

Swap is to exchange the old and the new banknotes, and the old and the new are replaced regularly; Cashing is that each banknote is exchanged for a full amount of copper and silver, which is a cashable banknote; The punishment is that the person who prints it privately will be rewarded for the death of the whistleblower, and he can also confiscate his family property; The official treasury gold and silver leveling banknote law, the official treasury reserve system, to ensure the exchange at the same time, the official treasury should also use gold and silver to buy treasure banknotes from time to time to ensure that the treasure banknotes will not depreciate; A variety of denominations, that is, a variety of denominations consistent to Wuwen, easy to use; Currency and debt, Xu Heng revealed the basic fact that paper money is the debt of the state in "The Currency Book"; The method of making copper coins is to mint copper coins and silver ingots to maintain that the banknote method will not depreciate, etc.

Ye Li 14 strokes, can be said to be a very complete banknote issuance laws and regulations, Kublai Khan issued a total of more than 36.8 million, and finally abolished, Kublai Khan has never been able to solve the problem of banknote depreciation, to Hongwu eight years, Ming Bao banknotes also encountered similar challenges.

Zhiyuan pass treasure banknote and Daming treasure banknote, can not solve the problem of rapid depreciation of paper money, there are two main problems, is the system can not solve.

The first is the private seal, sometimes, the court received a report, found that the private seal is the emperor's relatives and princes and generals, the household can only solve the whistleblower, can not solve the problem, can only solve the problem, the emperor relatives and princes will be admonished, let the brokerage comprador hold the private seal, this household is to check or not? A law that is not disciplined and unenforceable is equal to none.

The second is cashing, the official treasury prepared by the Ming court gold and silver level, the reserve is small and the corruption is extremely serious, the official treasury supervisor, often exchange the gold and silver for their own nepotism, or simply use the public for personal gain, the emperor's relatives, princes and generals only need to print treasure money privately to empty all the official treasury, which also leads to the cashable currency has never been a non-cashable currency, which further aggravates the problem of depreciation of treasure money.

The problems that Kublai Khan and Zhu Yuanzhang couldn't solve, Zhu Yijun couldn't solve either.

The Ming Dynasty implemented the banknote law, Empress Dowager Li's biological father, the emperor's grandfather Wu Qingbo Li Wei, directly opened the seal, whether Zhu Yijun killed or not, Zhu Yijun, as the emperor and as a political creature, can ignore the feelings of the Empress Dowager Li and kill Li Wei Liwei, but he is impartial by himself, and the officials in the Ming officialdom protect him, and kill him cleanly?

Wealth touches people's hearts.

Therefore, Zhu Yijun has never moved the idea of implementing the banknote law in Daming, so he can only suffer overseas.

"The law of our ancestors cannot be abandoned." Zhu Yijun looked at Wang Guoguang and said with great certainty.

Wang Guoguang understood.

Cashable currency is the ancestral law, but the surface promise to fulfill, the actual non-fulfillment is also the ancestral law, Hongwu 26 years after the no longer change the banknote, is no longer the honor of the ancestors into the law, the ancestors also turned over the cake, which gave the later generations a very flexible political and moral bottom line for formulating policies.

Will it really be cashed in? Such as redeeming.

"If our Daming doesn't recognize the treasure money from top to bottom, will the overseas Fanyi recognize it?" Zhang Xueyan raised his own doubts.

Daming knows that the treasure money is worthless, so is the overseas Fanyi willing to accept it? This is something that must be considered.

"Change the version." Zhu Yijun said with a smile: "Most of the treasure banknotes will not flow back to Daming, which means that most of the treasure banknotes cannot be cashed. ”

"Overseas Fanyi will approve of it, and they will even approve of stones, because they don't have a better general equivalent to use."

Overseas Fanyiken approves the use of treasure banknotes, based on two points, one is the reality that they have to use it, because there is no better currency instead; The second is a beautiful dream, in a distant place, the treasure money is in the heavenly kingdom, and it is a cashable currency that can be exchanged for real money.

Wang Guoguang and Zhang Xueyan glanced at each other, and after thinking about it, they agreed with His Majesty's thoughts.

This is a very cruel means, when changing banknotes, because the banknotes are bound to depreciate, the new banknotes must not be replaced at the same denomination, such as the Yuan Bao banknotes (new banknotes) in a ratio of 1:5 and the Zhongtong banknotes (old banknotes) exchange, representing the depreciation of the banknotes, and also representing the new banknotes is to amplify the amount of issuance.

Paper money itself is a kind of debt relying on the credibility of the imperial court, paper money is an IOU, with 1 new banknote to exchange for 5 old banknotes, that is, on the original basis and the formation of a new 4 times the debt to the people, which represents cruel stripping.

The problem of silver waste has been developed with a program for asset multiplication, specific policies, and pilot projects, such as profits tax, the number of workers and peasants, and the expansion of Yanxing Building.

"Your Majesty, Wang Yushi is here." Feng Bao whispered to His Majesty.

"Xuan."

Wang Qian saluted, and then obediently sat aside, quietly listening to His Majesty and the two Situ discuss the problem of solving the problem of silver idling.

Silver idling, that is, silver is controlled in the hands of a few people, circulating in the hands of a few people, and the dam is a two-sided problem, and the fundamental reason for idling is that money will only flow to places where there is no shortage of money, and it is even more difficult to open the door to the people if you want money, even if it is a small window.

To solve this problem, the investment of the imperial court has become a method that is not a solution, through various means such as treasury bonds and trading houses, the silver is concentrated in the hands of the imperial court, the investment is completed, and then in the form of interest and dividends, it is returned to the owner of the silver, in order to hope for a virtuous circle.

But there is a very fatal problem in this, at the moment, the trust between the emperor and the person who borrowed money is completely based on His Majesty's personal reputation.

This is very dangerous, once the emperor's personal reputation collapses, or the emperor has an accident, all the systems built around the emperor's reputation will collapse, and the tax court, trading houses, national bonds, etc., will have an extremely far-reaching impact on the dynasty.

"What did you say, sir?" Zhu Yijun asked Zhang Juzheng's views on this deep binding.

Wang Guoguang said helplessly: "Yuan Fu said, this is also good. ”

Zhang Juzheng, a hardcore royalist, what else can he say? Zhang Juzheng is happy to see it, His Majesty is supreme, but he is also a person in the physical sense, there will be dangers, the more interests are tied to His Majesty, the more you can ensure Your Majesty's safety, and you can also ensure that Your Majesty is widely supported.

The new policy of the Ming Dynasty and the reform of the Ming Dynasty, Zhang Juzheng completely pinned his trust on the emperor.

Zhang Juzheng has a way, and he won't say it, besides, he doesn't have a good way.

Wang Guoguang and Zhang Xueyan reported on the revision of "Wanli Accounting Record", and chose to leave, and Wang Qian finally survived the more serious atmosphere of this round of small meetings.

"They are all discussing the major affairs of the country and the dynasty, and the minister came suddenly, and asked His Majesty for forgiveness." Wang Qian took a few breaths hard, adults talk about big things, and he really doesn't come to the stage for this little thing.

"Yanxinglou Trading House has been handed over to you to take care of, Wang Yushi, a busy man, how can he have time to come to my imperial study?" Zhu Yijun asked Wang Qian's intention.

Wang Qian flicked his sleeves, bowed five times and kowtowed three times and said, "The minister came to ask for the pearl matter." ”

"Daddy let you come." Zhu Yijun took a sip of water and said with a smile: "Get up and speak." ”

"Yes." Wang Qian didn't quibble, he chose to tell the truth, and he couldn't hide it from His Majesty if he lied.

Zhu Yijun asked, "What do you think you are guilty of?" ”

"The minister thinks the minister is right!" Wang Qian answered this question very clearly, Wang Chonggu, an old man, doesn't understand at all, meat eaters also want to survive the fittest, and they can't even control their greed, that is, they are irrational, let alone the word Hongyi.

Zhu Yijun waved his hand, shook his head and said, "You, you still don't understand your father's worries, Wang Cifu knows what he says, and you can't listen to it, so I let you come over." ”

"Wang Cifu is old, he is afraid of this, he is afraid of that, it's not that he is rotten, it's not that he can't accept it, he's worried about you, you are hoarding goods now, and it's pearls that are poured out, pearls are only used by Zhong Mingding's food family, and you will do it, but if you turn it upside down in the future, you will definitely die."

"People's greed is amplified little by little in the continuous profit-making, rationality disappears little by little, and is controlled by greed, and finally touches the criminal name, and there is no way to regret it."

Wang Qian was stunned for a moment, sat on the chair, and thought for a long time before bowing his head and saying, "Thank you, Your Majesty for your teachings." ”

There are some words, Wang Chonggu as a father is inconvenient to say in front of his son, he committed those crimes of trespass before the second year of Wanli, how could he not be unaware of this, one wrong step is a wrong step, and Wang Chonggu said to his son that he did wrong things in the past, which damaged the majesty of his father.

Wang Chonggu saw his past self in Wang Qian, so he carried the Seven Star Ring Head Knife to clean up the portal.

"Your Majesty, speculation cannot be stopped, because speculation comes from human greed." Wang Qian talked about why he didn't think he was guilty, and after the influx of silver, speculation became the norm in the face of the powerful power of money.

Zhu Yijun thought for a while and asked, "So you are also a Confucian under Xunzi and believe in the inherent evil of human nature?" ”

"Human nature is... Evil! Wang Qian used a lot of courage to say this sentence, he is a traditional Confucian bachelor, the kind of fame in the examination, the original Confucian sages of the human nature of the good thought of the steel seal, deep-rooted, but in the past few years, he gradually found that the classics are not completely right, of course there is good in human nature, but there is also evil.

The northern captives and Dongyi outside the Saiwai and the Fanyi overseas, they have not been educated, and they are no different from the beasts, if human nature is good, how can it be the same as the beasts?

Zhu Yijun looked at Wang Qian, nodded and said, "The matter of Yanxinglou Trading House is handed over to you, I am still very relieved." ”

Wang Qian is a gentleman, the originator of speculation, and a wicked person, the only way to control the gap between the evil of human nature is to hand over the wicked to the wicked to grind, and to fight evil with evil.

"Beware of private fairs." Zhu Yijun talked about the specific content of the trading bank, these private trade fairs will become a bookmaker, and then hollow out all the credibility of the trading bank.

"This minister has done it before." Wang Qian said with a little embarrassment: "Actually, it's easy to find, speculators like to gather in someone's house with a private banquet, and it is not easy to completely ban speculation, but we can use many means to monitor their speculative actions, whether there will be a risk of downward distribution, which is the bottom line that needs to be strictly guarded against and adhered to." ”

"Your Majesty, in the minister's superficial cognition, the main contradiction in the current Ming economy is the chaos caused by the chaotic currency, flying money, salt quotations, acceptance bills, Wanli Tongbao, silver coins, silver, are all currencies, with the shortest time, the establishment of a reputable, unified money supply system, the value of the currency is no longer as changeable as before."

Wang Qian does not advocate a complete ban on speculation, in his view, this is the best way to eliminate meat eaters, anyone who loses their rationality in the trading house will lose money, and it is also the only possibility for the producer to completely change the class, in Wang Qian's view, the expansion of the trading house is a window that money opens to the poor.

Ship tickets, which are held for a long time to obtain dividends and then exchanged for more tickets, are also a kind of currency and a distribution method.

Wang Qian put forward his understanding of state affairs for the first time, and he felt that the main contradiction in the current economy of the Ming Dynasty was that commerce and trade and the economy were becoming more and more prosperous, and exchange was accelerating, but the currency used as a medium was extremely chaotic and could not be supplied sufficiently.

"Da Situ and Shao Situ have already said this, about five years ago, you didn't take the Jinshi exam at that time." Zhu Yijun nodded, the money shortage is terrible, Wang Guoguang has repeatedly explained it five years ago.

It's not that Daming doesn't want to solve it, the sea is opened for the inflow of silver, and it's not that the two Situ are incompetent, it's really that the volume of Daming is too big, how many silver coins, how many copper coins, are not enough to fill this big hole, Daming's demand for currency is really amazingly terrible, Zhu Yijun even suspects that the Central Plains has never been able to transform from a small peasant economy to a commodity economy, which is caused by a shortage of money.

It's so short of money.

Da Ming was like a glutton, swallowing all the silver and brass that flowed into Da Ming, and he was insatiable.

"The minister is abrupt." Wang Qian hurriedly bowed his head and said, it turns out that the Ming princes of the imperial court have long known and heard about His Majesty.

"You have this heart to worry about the country, and I am still very satisfied." Zhu Yijun encouraged: "You take care of the trading business, practice more, with your intelligence, you will not be able to rise in the future." ”

"Your Majesty respectfully obeys the Divine Commandments." Wang Qian said goodbye to His Majesty.

Zhu Yijun has always disapproved of Wang Chonggu's cultivation method of Wang Qian, Wang Chonggu wants Wang Qian to be a fool who eats and waits for death, but Wang Qian, who is proficient in contradiction theory, arithmetic, public and private theory, and class theory, is the top meat eater of the official class, he stands high enough, and is very clear about the basic logic of social operation.

Zhu Yijun reminded Wang Qian not to lose his rationality, and it was not empty talk, Yan Song's son Yan Shifan, what a smart person, the result was that in the process of rising step by step, he finally lost his rationality, and the complete collapse of the Yan Party had a great relationship with Yan Shifan's bribery of the Yu Palace.

Yanxinglou trading bank is preparing to issue two tickets, Suiyuan Chidao and Suiyuan Mining, these two tickets, a total of two million copies, each priced at five silver, issued in three years, for the construction of Suiyuan Chidao and Suiyuan mining silver money, this is very risky, if the defeat, natural disasters, domestic demand is not strong enough, dividends will not be as stable as the national debt and must be repaid, after all, doing business, are profitable and losing.

But even so, those speculators and brokerage compradors who are familiar with the risks are beginning to jump into the hunt for opportunities to make money, because these new tickets are by no means just top-down administration, as in the case of Daming Bao, but also the bottom-up of physical roads and minerals.

These new tickets, in their eyes, are safe and will not fall sharply. They are issued, circulated, and value-added in a very stable way, and the main body of Daming is changing at a rapid pace.

No one will doubt the solvency of the new bills, and the luxury buyers of the Ming Dynasty also understand His Majesty's bottom line, and the collapse of the silk coin is due to the downward apportionment of the risk and the cutting of the minimum transaction unit of the silk coin, which triggered His Majesty's thunderous anger.

These people are ready and willing and able to provide the silver they need for the development of a trading house.

Zhu Yijun is holding a book in his hand, a kind of conservative represented by Wang Guoguang is very worried about the expansion of Yanxinglou Trading House, which has been full of controversy since the first day of its birth. There are all kinds of people who come to the trading house, from speculators who want to get rich one day, investors who are worried about the depreciation of silver caused by the silver blockage, and there are also market makers who maliciously manipulate the market.

Wang Guoguang tries to distinguish these people by good and evil, and these people who participate in the game in the gap between human nature and evil, Wang Guoguang tries to find a boundary.

Zhu Yijun took the note in his hand, looked at Feng Bao and said: "Da Situ's worries are not unreasonable, the reason why Wang Qian was able to make a lot of money in the pearl case and harvest others is because he knew exactly that the court council was discussing this matter, and the time of the discussion was easy to confirm, he remained rational and did not sell after getting the result, but realized the profit before the court meeting." ”

"The first thing that Da Situ is worried about is that the Ming Gong will use the power in his hands to get the news that only the Ming Duke can get, and make a deal."

"The collusion between officials and businessmen is infinitely harmful, Feng Daban, what do you think?"

Feng Bao said a little helplessly: "Your Majesty, the minister is just a eunuch, the Ming Dynasty needs to mobilize the sleeping silver to promote the exchange of goods, and the expansion of the Yanxinglou trading house is imperative. ”

"If there is collusion, it will inevitably cause panic, and the imperial court should also have an official treasury to deal with this situation, and someone must be responsible for this, so as not to lose the trust of the country."

For many years, Feng Bao has seen a lot of eunuchs, he feels that it is not terrible to have problems, and to solve a contradiction, it will inevitably usher in two contradictions.

The conservatives' worries are not empty talk, but the next test that Daming will inevitably face.

"You're right." Zhu Yijun reviewed Wang Guoguang's recital and gave specific instructions, and there is a very suitable person in Daming to do it at the moment, that is, Hai Rui, as the first person in Daming to fight corruption, it is most appropriate to hand over this matter to Hai Rui.

In this chasm of nature and evil, it is a long-term job to find the boundary between good and bad people, and Zhu Yijun has expectations for the difficulty of this matter.

Zhu Yijun asked the envoys of the five major cities and the three overseas cities to inquire about the opinions on the profits tax, and before the profits tax was officially implemented, the imperial court also needed to confirm that the specific ideas of all parties on the profits tax should first unify their internal opinions before the administrative order could be formally promoted.

The governors of the two sides replied to the news of the imperial court as soon as possible, Shen Shixing's opinion was to completely ban the outflow of silver and brass, which was his practical experience, in his opinion, fifty percent was too little, as a bridgehead for opening the sea, Shen Shixing saw more such people, and his opinion was quite radical, and he also suggested issuing tickets for overseas development to raise enough funds for overseas development, and also reduce the risk of the imperial court.

(End of chapter)