"There was a stock in front of me, but I couldn't afford the money to buy it, so it was bought by Mr. Wang next door.
From then on, he lay down and counted money, eating and drinking, but I could only guard one-third of an acre of land, eating pickles and rice. "
Most of the gentlemen present thought of similar scenes and began to feel anxious and uncomfortable.
After Zhou Jiufu thought for a while, his face was full of sincerity, "Your Highness, although the three companies are still under preparation, I dare to say that no matter which one they are, they will have a bright future. As the most loyal followers of His Highness, I, the Zhou family, must be the ones who We need full support.”
this?
Do you still need to talk about the financial situation of the three companies?
If we could come up with the money, I would love to buy all the 600,000 shares!
He is obviously greedy for money, but he says nothing about supporting His Highness. This old man is so shameless!
How can there be such a shameless person in the world? To be too old to die is to be a thief!
"What Zhou Yuanwai said is generally correct, but I disagree with you that the Zhou family is the most loyal to His Highness. It is my An family that is obviously the most loyal to His Highness. We will do whatever His Highness says... …”
"Don't argue, my Hua family is the most loyal. When His Highness said we needed food, we didn't think twice and immediately shipped 200,000 stones!"
"What is this? We Wujiang people have given all the food to His Highness long ago. This is the most loyal..."
"It can't be calculated like this. I, Zhu Gui, went astray before, but I repented in time and swore an oath to the ancestors of heaven and earth. From now on, I will obey and be loyal to His Highness King Yan. Zhu wants to tear out his heart!"
Niang Xipi, I haven’t even finished what I’m saying, you guys are taking advantage of me!
Zhou Jiufu was so angry that his eyebrows trembled, "Everyone! Everyone! Let me finish what I have to say... Your Highness, what I mean is that we sincerely want to support His Highness's move as soon as possible, but at the moment we are really not taking advantage of it. Therefore, I would like to ask you, can you exchange the field scrolls for the shares of three companies, even at a slight discount..."
Yes, although Tabaki is also a good investment, compared with the three companies, it is nothing.
Do you need anyone to teach you how to choose between sesame and watermelon?
At this time, the gentry all came to their senses and agreed one after another. Some people shouted, "Your Highness, can you let the court redeem the fields now? After Your Highness's teachings, we no longer want to do that thing of squeezing farmers, not even for one more day." ..."
Originally, the gentry were not very willing to have their land redeemed by the court. It was just a helpless choice after weighing the pros and cons, but now most people have become impatient.
Seeing these wealthy locals crying and shouting that they wanted to sell their fields, Zhao Mengqi felt a little uncomfortable for a moment and touched his nose again.
"Ahem...Tanaki can be traded freely. If you want to sell it for money, of course there will be no problem, and there will be no shortage of buyers, but I don't recommend that you do this."
"The so-called eggs should not be put in one basket. From a financial management perspective, this sentence is still very correct. All investments actually have risks, and it only depends on the size. The three new companies have high expected returns, but the risks It is also relatively high. The yield of the field roll is low, but it is better than the stability. Therefore, I think you should have both when investing. If you are unlucky, only part of the problem will go wrong. "
Everyone nodded after hearing this. After all, Chinese people are generally more conservative.
His Highness is really kind and sincerely considers everyone, and it also shows that he is not worried at all that the stock will not be sold...
Zhao Mengqi continued, "As for the redemption, the two prefectures of Pingjiang and Jiaxing are implementing the economic boundary, which is no problem, but other prefectures will have to wait. After all, the public land after redemption will be converted into farms, but the farm system is new , there are still many imperfections, and there are not enough relevant talents, so we can’t roll out too much at once, we have to do it step by step.”
"However, I have also considered everyone's actual situation, so I will set up a bank to provide loans to everyone."
bank? What is this?
Another new term was unfamiliar to the gentry.
"Everyone knows that although the funds for the Taihu Lake Project were raised by Gu, in principle it is still an official act and is not
To put it simply, a non-Gu private project means that Gu lends money to the court to run projects, and then the court uses the proceeds generated by the project to return it to Gu. Therefore, in order to clarify the public-private relationship and to better manage the funds, Gu established a Royal Bank of the Song Dynasty. "
Although the feudal era was said to be a family and a world, the system was progressing and improving. Royal money and court money were not the same thing. The inner treasury was the inner treasury, and the national treasury was the national treasury. Both had their sources and their uses. This rule will be strictly observed when politics is clear.
Of course, if you encounter an unruly emperor, the whole world belongs to him, and there are cases where he spends treasury money privately. For example, the old witch with braided hair actually used the money to buy a warship to build a garden for herself.
Except for a few emperors like Huizong, the emperors of the Song Dynasty generally did not reach out to the state treasury. Even if they had the idea, they would be pushed back by the turban. However, they often had to use money from the internal treasury to subsidize the state treasury. In fact, it was considered There is no distinction between family and country.
This is not to say that the emperors of the Song Dynasty were very noble. The main reason was that a lot of fiscal revenue from industry and commerce was allocated to the inner treasury, and commerce in the Song Dynasty happened to be very prosperous, so the inner treasury was relatively wealthy.
Zhao Mengqi intended to completely separate the royal finances from the national finances, and gradually return the revenue from pit management, cargo management, and the shipping department to the Ministry of Revenue. As for the sources of royal income, he had other arrangements. The shares of each company were considered part of this. Banks are also part of it.
In addition, in the past, project funds were directly allocated to the yamen, but this was prone to many disadvantages and embezzlement, so the Taihu project funds were no longer allocated. In the future, they will be settled through banks to reduce corruption problems.
"The Royal Bank was established by Lone Capital, with a current capital of more than 70 million yuan. Although the Taihu project will require 50 million yuan, the expenditure process will take up to five years. It is really a waste to pile up this money."
"Money is useful only when it circulates. Otherwise, it is different from scrap iron. Now that everyone needs capital turnover, naturally everyone is welcome to come and borrow money. As for the interest, it is two cents per year. It can be used for land certificates, land properties, workshops and shops. Mortgage at 20% off the market price..."
Gentlemen are not unfamiliar with this loan method. Not only private loans are in this form, but also pawnshops have similar meanings, but the interest rate is unique.
Not to mention the loan sharking of nine out and thirteen back, borrowing one and repaying three, even loans between relatives and friends are at least 20 to 30% interest.
In fact, the entire private sector has a huge demand for borrowing. For example, when ordinary farmers are in lean times, they often have to borrow loan sharks to survive, and then fall into heavy debt and go bankrupt.
Those who lend money at usury are usually the gentry and powerful people, as well as the so-called "monastics" in monasteries and temples.
The "Young Miao Loan" promoted by Wang Anshi in the past was actually to solve this problem, but the original intention was more to make money for the country, and the implementation was skewed, so it became a burden on the people. Later, it became popular but failed, and the overall reputation is still very bad. This is a bureaucracy after all.
Pawnshops are slightly better than loan sharks, but they also provide help for some people to tide over difficulties. Some people in need often pawn winter coats and quilts as some money in the summer, and then redeem them after the autumn harvest to spend half a year. It often costs 40% to 50% interest, and this happens again and again in the next year. Therefore, it is difficult for the poor to save, and they will only become poorer and poorer.
Zhao Mengqi needs a healthy and reasonable banking system to improve this problem, but it has just started now and needs time to grow. He will first carry out lending business to this group of gentry to improve the regulations and cultivate relevant talents, and then slowly start to attract deposits and exchange money. , currency issuance and other businesses.
After roughly understanding the role of the bank, many of the gentry present were also keenly aware that if the bank was fully opened, it would have a huge impact on private lending channels such as loan sharks and pawnshops.
Many of them make money by borrowing money, and subconsciously resist this so-called "bank". But they immediately think about it. The shares of the three major companies are much better than loan sharks, and everyone is really in urgent need of financing now. Do they still want to refuse this? A low-interest loan?
After thinking about it, I no longer dislike banks so much. Instead, I feel that they provide timely help. .z.br>
Alas, King Yan has gone to great lengths for those idiots...
King Yan is really a genius in business. He asked me to pay to build a company for him and earn some interest. This is really awesome.
His Highness is still very kind. I am afraid it has never been so low in history. The Qingmiao loan is 20%. Compared with the stock income, the interest rate of 2% is insignificant.
Huh... His Highness's clever plan has fallen out. What's even more frightening is that he is still so young. If he keeps going like this, the Song Dynasty will definitely change. If we continue to stick to the old method, we will definitely fall behind.
Hey, since Your Highness has given you such a good way to borrow money, wouldn't you be a fool if you don't make good use of it? In His Highness's words, digging in the soil is too useless, so why do we need so many fields for our family? One hundred acres means that the rest will be mortgaged first and then sold slowly...
By the way, the shops can be kept, after all, industry and commerce will flourish in the future, but those small workshops can be sold, but I don’t know if anyone will buy them.
All kinds of different thoughts were lingering in the minds of the gentry. Most of them were silently calculating their wealth and calculating how much money they could borrow.
Wu Qian looked at the scene in front of him and was filled with emotion.
His Highness Prince Yan is only fifteen years old, but he is extremely sophisticated in his dealings.
At first, I just wanted to slightly manage Taihu Lake, but His Highness was extremely courageous and insisted on expanding the scale ten times. He also derived a series of follow-up plans to provide relief through work and reform the Xiang army.
The Taihu Lake Project was used to solve the food crisis, and the farm system was established to reform public land. While making a lot of money and food, it also paved the way for resolving mergers and acquisitions.
Now the sugar company is used as a bait to bring out development companies and trading companies, and then banks are launched, step by step, interlocking, allowing these powerful gentry to fall into it voluntarily.
Each of these things is difficult to accomplish individually, but under His Highness's planning, the initial goals were achieved smoothly.
With this Ming Dynasty, the resurgence of the Song Dynasty is in sight!
