"Doctors want to underwrite treasury bonds?"

All of a sudden, the entire court officials were in an uproar.

"The official family must not listen to Fan Zheng's indiscriminate prescription, the old man admits that the doctor is prosperous, but how many national bonds can the doctor buy with just a little money?" Zhang Dian shook his head.

Fan Zheng solemnly stretched out a hand.

"Fifty thousand?"

Baiguan frowned, 50,000 guan is indeed a doctor's best effort, but for the needs of the Ministry of Civil Affairs, it is just a drop in the bucket!

Zhang Dun scoffed, Fan Zheng was too self-conscious. Da Song needs a lot of money, how can he solve it alone, not even a doctor.

Fan Zheng shook his head and stretched out five fingers again

"500,000?"

Fan Chun said slightly.

If the doctor can come up with 500,000 yuan, it can also solve the urgent needs of the imperial court.

Fan Zheng shook his head again and said solemnly: "No! It is 5 million guan, and the doctor is willing to underwrite 5 million guan of treasury bonds. ”

"Five million kans!"

At this moment, the Manchu Dynasty was shocked, what is the concept of five million guan, the annual coin given by the Great Song Dynasty to Liaoxia is only about 800,000 guan, so it is already an extremely heavy burden on the Great Song Dynasty, and five million guan is the sum of more than six years of coins.

"This can't be? Even if you sell the doctor's house, you won't be able to come up with so much money! Lu Dafang sneered.

"It's true that the doctor doesn't have so much money!" Fan Zheng did not shy away from admitting.

"However, the rich merchants and people in the world have money to spare, just with the financial resources of Kaifeng City, it is not difficult to digest the five million, with the credibility of the imperial court, coupled with the guarantee of the doctor, it will definitely be able to raise money for the imperial court in a short time." Fan Zheng said solemnly.

Zhao Xu's heart moved, the people can indeed come up with five million, this strategy may work.

"Fan Taicheng is dedicated to the country, and his ministers admire him!" Zhang Dian couldn't wait.

If Fan Zheng's underwriting of the 5 million national debt is successful, the new party will be able to show its skills by resolving the financial crisis of the imperial court in a short time.

If Fan Zheng loses and the evil party fails, the new party can take the opportunity to win back its position in the hearts of the officials.

"The minister agrees!"

Lu Dafang and other ministers of the old party also agreed.

The imperial court naturally can't wipe off its face when it comes forward to borrow, but now that there is a fig leaf of doctors, it is naturally better.

And the interest rate of five percent is too fragrant, even the conservative Lu Dafang feels that he has taken a big advantage.

"The minister is against!" Suddenly, Fan Chun, the head of the household, came out of the queue.

"Huh?"

The hundred officials of the Manchu Dynasty frowned and looked at Fan Chun, it was also the household department who was crying poor just now, and now there are five million yuan sent to the front, and the household department does not dare to ask for it.

"Fan Shangshu is anxious to protect his nephew, and this official can understand it, but the issuance of treasury bonds is a matter for the benefit of the country and the people, how can it be avoided in the interests of the Fan family itself." Zhang Dun reprimanded.

Fan Chun said with a wry smile: "Xia Guan believes that Fan Zheng is sure to raise treasury bond money for the imperial court, but this money is enough five million yuan, how can the imperial court take it out at one time, Weichen is worried that the imperial court will not be able to pay it in time at that time." ”

For Fan Zheng's nephew, Fan Chun completely gave up and let him toss, but what made him really worry was the court's ability to repay, the principal of five million guan, plus five percent of interest, there was a full interest of two hundred and fifty thousand guan per year, which was not a small amount.

"Fan Shangshu is too worried, it is impossible for the imperial court to need five million yuan of money at one time, and the national debt can be divided into one-year, two-year, three-year, and five-year periods! Each installment was set at 1 million guan, so that the court had money to use, and there was no need to repay all the principal and interest at once. Fan Zheng explained.

"One million yuan of principal and interest a year!" Fan Chun breathed a sigh of relief, repaying one million yuan a year, the household department still has the ability.

"And we can set the interest at 3% for one year, 4% for two years, and 5% for three to five years, which can not only reduce the interest expense, but also extend the repayment period of the household." Fan Zheng said lightly.

"Three cents!"

Baiguan's face twitched, he didn't expect Fan Zheng to reduce the interest on the treasury bonds again, but this was a good thing for the household department, and the only pressure was transferred to the doctor.

"The minister has no opinion!"

Fan Chunli nodded in satisfaction.

Zhao Xu looked around, and saw that the ministers had no opinions, so he immediately agreed: "Quasi-Fan Taicheng played, the imperial court issued treasury bonds, which were underwritten by doctors!" ”

……………………

At present, the imperial court published a newspaper to publicize the restriction of usury among the people, the implementation of the green seedling law, and the national debt.

"Private lending, it is strictly forbidden to cut off the interest, nine in and thirteen out, and the annual interest shall not exceed four points!"

"The green seedling money has been reduced to one cent per year! Civil grievances are allowed. ”

"The official is wise!"

The entire Kaifeng people cheered.

Without him, the people have long hated usury, and once ordinary people are involved in usury, I am afraid that their families will be ruined if they are not careful.

The Seedlings Law seems to have low interest, but in fact it charges twice the interest, and the Seedlings Law is strict, and the people also have no good opinion of it.

The imperial court's move can be described as very happy,

All of a sudden, the hearts of those who are short of money fluctuate, and such low interest rates are within their affordability.

"What people do not give and the country is sufficient! It's just knocking out the bones and sucking the marrow of the people! ”

An old man hated this, and in his opinion, whether it was usury or the green seedling law, it was a harmful act to the people!

If the imperial court really wants to help the people who are short of money, it is best to help the people free of charge, just like Yizhuang, which is a move to benefit the people.

"This old man is a little biased, one cent of interest is already the lowest since ancient times, not to mention that even the court has to pay interest on borrowing money, not to mention ordinary people." A merchant pointed to the treasury bond information in the newspaper and sighed.

"The imperial court issues treasury bonds, three percent a year,............, five percent annual interest for five years! Repay the principal when due! ”

Many people looked at the interest rate of three to five percent, and couldn't help frowning.

Just now, the interest rate of one cent per year under the Seedlings Law was already cheered by everyone, calling it good governance, but the interest on government bonds was as high as five percent.

"The national debt is five percent, and the green seedling law lends one point, and the court has a good idea." The old man sneered.

The merchant shook his head and said: "Private lending is risky, if you can't get it back, wouldn't it be a waste, and lending money to the imperial court, although the money is small, but it is better to be safe." ”

"Safety? Have you forgotten the disaster of having children? The old man suddenly sneered.

"Jiaozi!"

The people of Kaifeng were in an uproar.

The commerce of the Great Song Dynasty was prosperous, and the world's earliest paper money appeared in the land of Sichuan and Shu - Jiaozi!

However, due to the excessive and indiscriminate distribution of the imperial court, it caused the collapse of Jiaozi.

Especially during the period of Renzong and Shenzong, the war in the northwest was tense, and Jiaozi was indiscriminately issued many times, which greatly depreciated Jiaozi, and now Jiaozi is hated by people.

If the imperial court can't exchange the treasury bonds in time, I'm afraid it will be like the original Jiaozi.

All of a sudden, there was a lot of discussion about the government and the opposition about the national debt, and they were shocked!

Even if there is the temptation of five percent interest, they still choose to wait and see, after all, they want to get the interest of the court, but they are afraid that the court will want their principal.

(End of chapter)