Chapter 20 Ming Monetary Reform
With Zhu Di's support, Xia Yuanji's actions soon began, first of all, to mint new treasure money.
Daming has an institution for printing treasure banknotes, the treasure banknote lifting division, which was established in the eighth year of Hongwu, and consists of banknote paper, two banknote printing bureaus and treasure banknotes, and two libraries. At the beginning of its establishment, the treasure banknote lifting department was subordinate to the Zhongshu Province, and after the dismissal of the Zhongshu Province, it was subordinate to the Ministry of Households.
As for how to print treasure money, in this era compared with later generations, it is not much worse, and the anti-counterfeiting that should be there is basically there.
There is no need to change anything, the only problem is to change the original appearance.
But this is also very simple, in less than a month, a new batch of treasure banknotes was printed.
When the treasure money appeared, Xia Yuanji immediately began to act.
He first opened an exchange office in Kyoto, Yingtian, where all holders of treasure money could go to exchange for new treasure notes, which were different from the old ones, which were sufficient to exchange the same amount of gold and silver.
And at this moment, the entire magnates of the Ming Dynasty couldn't help but be shaken.
For example, it is not the people who hold the most treasure money today, or the treasure money in the hands of the people is extremely rare, or even almost none, most of the treasure money are powerful, and again they are also gentry.
The treasure money is constantly depreciating, and for them, they can only admit it, but there is no way that this is given by the emperor, can they not collect it.
But at this moment, they found that the treasure money could be exchanged for the same amount of gold and silver, even if they had to exchange the new treasure money first, it was not a problem, but it was just a little troublesome.
Soon, the major exchange offices in Kyoto were instantly crowded by the magnates who exchanged treasure money.
In the face of the run, the household side does not refuse to come, and all the treasure banknotes will be directly accepted as long as they are authentic.
Huge amounts of gold and silver were scattered.
In just one month, more than 10 million taels of gold and silver were exchanged.
And with such a huge amount of gold and silver spilled, the exchange gradually leveled off.
Some people began to try to keep some treasure money for later.
In this case, the Ming court soon had a new order issued, and from now on, all the Ming Dynasty was issued in treasure money, and no longer distributed grain, as well as copper coins or gold and silver.
At the same time, the materials purchased by the household department will also be replaced by new treasure money.
The exchange office was opened in the past towards the major regions, which was in charge of the household department, and the Jinyi Wei was responsible for supervision, and Zhu Di set up the East Investigation Factory, headed by a cronie eunuch, who was responsible for supervising the Jinyi Guard.
In this case.
The treasure money began to spread quietly and infinitely towards the entire Ming Dynasty.
In less than three months, the banknotes began to appear on the market.
When the treasure money is equivalent to gold and silver, and can be exchanged at any time, the advantages of the treasure money are instantly reflected.
Treasure banknotes are easier to keep, carry and transport. When you go out, just stack them together and put them in your pocket! Metal coins are too small to be easily lost, while treasure notes are safer.
Especially with the beginning of the Age of Discovery, the commercial activities of the entire Ming Dynasty became more and more frequent, and the use of currency gradually began to change from the small peasant economy.
Large amounts of transactions have become the norm, and it is undoubtedly extremely inconvenient to trade in gold and silver at this moment.
Especially the workshop owners.
With the repeated voyage to the West and overseas trade, their orders have been increasing.
It is often a transaction of millions of taels of silver, such a huge transaction, how much gold and silver are needed, and paper money only needs a stack, how to choose needless to say.
After discovering that banknotes can really be exchanged at any time, some people began to try it.
With someone starting, soon paper money became popular.
In just half a year, paper money and gold and silver are already in circulation in the market.
Both the powerful and the common people began to gradually accept the treasure money.
Although there is still some hesitation.
Especially the common people, most of the people still went to exchange gold and silver for the first time when they got the treasure money, or used it.
But that's a good start.
It was even smoother than Zhu Di and Xia Yuanji expected.
You must know that the previous treasure banknotes, with the continuous printing and distribution of Taizu, have been a bit rotten.
The value of the treasure money has depreciated again and again.
It's not so easy to get a new banknote to be accepted.
Unexpectedly, after Jiang Chen's method and Xia Yuanji's perfection, it would have such an effect in a short period of time.
This undoubtedly made Zhu Di and Xia Yuanji both breathe a sigh of relief.
"Your Majesty, in another three and five years, treasure money will definitely be able to completely replace gold and silver, and then you can order a ban on the circulation of gold and silver as currency."
"Sir is really talented!"
Xia Yuanji opened his mouth with a smile, and his expression couldn't help but be excited.
Such a feat had never been achieved in all generations, and he accomplished it.
He can already imagine that his status in the history books is probably higher than that of Sang Hongyang.
At the same time, he also sighed that the talent of the gentleman in Zhu Di's mouth, such a perfect system, such a systematic method, can be formed in a person's thinking.
"Yes, you've done a great job this time!"
"Natsuhara-yoshi!"
Zhu Di smiled and nodded, and then looked plain.
"The minister is here!"
Xia Yuanji hurriedly saluted.
"From now on, you will be crowned as the crown prince and young master!"
Zhu Di spoke.
"Thank you, Your Majesty!"
Natsuhara Yoshikoshi saluted.
"Okay, hurry up and do it, I still need to rely on you for my affairs!"
Zhu Di smiled and nodded.
"Yes!"
Natsuhara Yoshishi bowed and retreated.
And the changes in the entire Ming Dynasty have further embarked on an unknown road.
No one knows where this path will lead.
Because history has changed completely.
At this moment, the Ming Dynasty not only opened the Age of Discovery, controlled the South Seas and the Western Ocean, but also put an end to the fate of being washed away by gold like Europe.
Everything is already completely different.
It's just that no one knows about this moment.
Even Zhu Di didn't know what all this meant.
At this moment, he was just thinking about building a dynasty that he had never seen before, a dynasty that was enough for him to speak loudly to his father, a dynasty that was enough to prove himself.
As for the rest, he couldn't understand it and couldn't understand it.
As for Jiang Chen, he didn't know about all the changes in Da Ming, after all, he was just bragging in what he thought was the middle two group.
As the night wore on, the changes in Daming were quietly underway.
On the other side, the monarchs and ministers of the Great Song Dynasty were a little uncontrollable.
That's right, it's just a little uncontrollable.
The times are inconsistent, more than a year has passed in the time and space of the Ming Dynasty, and the Great Song Dynasty is actually only a few days.
At this moment, the little emperor is already telling his teacher about everything that happened in the group.