The five people at the wine table had fallen into a logic circle. They couldn't understand Xiao Letian's tricks at all. How could this twenty-year tax reform plan be beneficial to the court?
Everyone knows the trick of using the court's debts to issue small bonds and absorb real money from the people, and everyone also understands where Xiao Letian's benefits and risks lie.
The income is naturally the interest on the acceptance bonds. There must be a discount when the household debt packaged by the court is given to Xiao Letian. The debt of one million taels is given to Xiao Letian. In fact, Xiao Letian only gave the court 900,000 taels in cash. This The difference inside is Xiao Letian's profit.
Not only that, what Xiao Letian now provides to the household department is completely the latest Ryukyu dragon pattern silver. This beautifully cast silver coin has replaced all the original ingots, silver ingots, horseshoe silver... and other chaotic shapes of the Qing Dynasty. If If Xiao Letian could not make any money from the process of minting silver coins, he would not believe it even if he killed several princes.
Finally, when it comes to printing bonds, they must be overissued. For example, if a household debt of 1 million yuan is issued, Xiao Letian might be able to get it to 1.2 million yuan. The price difference here is not small.
At present, all the court can think of are these three profit points. As for the economic dependence generated by relying on credit currency, it is not something they can figure out. There are even many tricks that even Westerners cannot figure out.
It should be said that except for the top group of Jewish bankers in the world, few can fully understand Xiao Letian's economic layout.
Fortunately, Xiao Letian's current tentacles are only in East Asia. Fortunately, he has not revealed his ambitions for gold. Fortunately, the earth is not a village yet. The efficiency of sailing ships around the world is not high, and the global telegraph network has not yet taken shape. .
Everything gives Xiao Letian and even the Chinese nation the last chance to revive. Time is short, that is, twenty years.
Xiao Letian knew very well that once ironclad steamships began to be fully popularized in twenty years and the global telegraph network was completed and used, a huge controlling force with the West as its core would be formed.
Financiers in the City of London could get the price of raw silk and the gold and silver exchange rate in Shanghai within a few hours. Bankers on Wall Street in the United States could cross the Pacific within fifteen days, and even the armies of the great powers marched from Europe to the Qing Dynasty. , which is just over two months.
What the advancement of science and technology brings is the further control of the earth by the powerful. If Xiao Letian's career really started at that time, then he privately minted silver coins, issued credit currency, and secretly extracted everything from the gold and silver reserves of the Qing Dynasty. All these behaviors will be exposed and will definitely be fiercely attacked by some financial giants.
There is no room for others to snore on the side of the bed. Relying on the advancement of science and technology, Western financial forces will eventually control the earth's economy more and more powerfully. As long as the benefits are sufficient, they will not hesitate to launch a war.
But it's still too late. The so-called twenty-year tax reform plan is Xiao Letian's twenty years of hard work and courage. Twenty years of life and life. If China has overcome the national destiny, the sea will be brighter. If it fails, it will probably repeat the painful cycle of the past.
This is Xiao Letian's real plan, but unfortunately no one in Manchuria can understand it.
Weng Tonghe analyzed the benefits that the court could get and the benefits that Xiao Letian could get, and then briefly talked about the risks.
"With this method of issuing currency, foreigners have also said that the most feared thing is the collapse of credit... Yes, the credit of the imperial court and Xiao Letian Bank cannot collapse. This is the most critical point..."
"If credit collapses, it will cause a huge wave of runs, and the imperial court and Xiao Letian will definitely not be able to come up with so much cash. When you run on me, I will run on you, and the bonds will become useless paper..."
Prince Gong took a sip of half a glass of wine. "Credit collapsed. According to the statement above, the imperial court used tax revenue as credit guarantee. Even if there is no money to exchange, bonds can be used to cover taxes. This will still collapse."
"And the Ryukyu controlled by Xiao Letian also used their credit to provide a secondary guarantee. I heard people say that Ryukyu is now home to thousands of businessmen. Even if they are greedy for Ryukyu's tax exemption, I think there will be people who want these bonds..."
Weng Tonghe nodded, "That's right, but what if the country's credit collapses? What if the people lose confidence in this country."
Well, Prince Gong and Prince Chun immediately sat upright, "You mean Zuo Jigao, you are afraid that he will be defeated."
"It's not that I'm afraid of Zuo Zongtang's defeat, but that Zuo Zongtang cannot be defeated... He must win. If he loses and loses Xinjiang, then all the victory achievements since Tongzhi Zhongxing will be in vain. At that time, these bonds will not be a life-saving medicine, but a murderous poison..."
Hubu Lao Lin asked puzzledly, "If the risk is so high, why does Xiao Letian still cooperate with the court? Is he really a loyal minister of the Qing Dynasty, or does he have the ability to predict the future and know that the fate of our country will not fail?" Or at least it won’t collapse within twenty years.”
"But his usual behavior is not that of a loyal minister."
Everyone frowned and said in unison, "Yes, this is what we don't understand. It's very troublesome."
This meeting lasted until midnight, and the dishes were changed four times in a row. It was always too cold after the food was served, and it was too cold again after the food was served. How many times did people want to veto this tax reform, but think about the households. There was an empty treasury, and everyone sighed and shook their heads.
"We still have to ask for money. We have to give up money. The prince wants to train his troops without money. Look at the equipment of Xiao Letian's soldiers. Even the big soldiers are dressed more fashionably than our generals. When we walk on the street, we Qing Dynasty Every one of his soldiers is like a beggar..."
"Everyone says that Xiao Letian's army can fight, but they don't look at how much money they have to pay for it. I have never heard of people arrears in military pay. They train with open bullets, so you can just pull out a soldier from anywhere. , they say he is a marksman."
"Forget it, it doesn't matter so much. We Manchus rose up from the white mountains and black waters, and we relied on the Central Plains where all the people came into power. Why can't the Eight Banners system be changed? Because if it is changed, we will no longer be Manchus..."
"There are not so many worries. Now that the country has reached such a difficult situation, we need to control the army even more. If we don't have a reliable and strong army, we will not be able to deter Xiaoxiao, and then we will have to subjugate the country..."
At the end of the speech, Prince Gong said fiercely, "Submit it. I will submit this tax reform plan to the court without changing a word, and let all officials discuss it... As long as Xiao Letian dares to give me money, I dare to sign and agree." The book was first published from , watch genuine content for the first time!
