Chapter 32: The Monetary System of the Ming Dynasty and the Welfare of Royal Descendants

Style: Historical Author: Wang ZixuWords: 2648Update Time: 24/01/12 18:53:02
The old emperor asked Zhu Jingyuan to go back and rest. Zhu Jingyuan subconsciously agreed, and then came up with another idea:

"Grandpa Huang, can you give me my princely salary first? I am going to open a business firm and be responsible for managing patent licensing matters.

"The real key to a warship carrying an aircraft is the aircraft. This business will not hold patents for money, but will work hard to promote the development of the aircraft industry.

"I will also recruit a group of craftsmen to quickly transform my ideas into physical objects and promote them as soon as possible."

The old emperor thought for three seconds, took out a stack of beautifully printed special checks, filled in the amount on the spot, signed and sealed, stated the purpose, and handed it to Zhu Jingyuan:

"The laws of the imperial court cannot be abolished. Your prince's salary will not be paid until the rewards are made public. These are regarded as personal sponsorships given to you by grandpa."

Zhu Jingyuan subconsciously thought that the old emperor just randomly gave him some money to start the company first.

So I didn't pay too much attention to it. I said "Thank you, grandpa" and reached out to take it.

Then he glanced subconsciously, and his whole body turned to stone on the spot.

The amount written on it is ten thousand taels of gold banknotes.

The number ten thousand is not large, but the unit of gold coins is very large.

The current monetary system of the Ming Dynasty is actually shifting from a gold and silver dual standard to a gold nugget standard.

In theory, the legal tender of the Ming Dynasty was still gold coins and silver dollars, but there were basically no physical gold coins and silver dollars circulating in the market.

Instead, they were replaced by corresponding banknotes, including Ming Dynasty gold banknotes, Ming Dynasty silver banknotes, and Ming Dynasty copper banknotes as auxiliary coins.

Gold banknotes are commonly known as "one tael gold", which corresponds to the one-tael gold coins that have been issued. The gold content of a one-tael gold coin is one "new tael", which is 50 grams, which is a real 1 tael of gold.

Silver banknotes are commonly known as "half a tael of silver", which corresponds to the silver dollar that has been used for a long time. It contains 25 grams of silver. 50 yuan of silver banknotes can be exchanged for 1 gold banknote, so 1 yuan of silver banknotes corresponds to 1 gram of gold.

Copper banknotes are commonly known as "paper copper coins". Corresponding to the previous copper coins, there are several denominations of 1, 5, 10, 50, and 100. 1,000 coins are equivalent to 1 Guan, and 1 Guan coin can be exchanged for 1 yuan of silver banknotes.

Gold banknotes are of high value and are rarely circulated directly in the market. Most of the time they are used as bids for large transactions and as reserves for large commercial banks.

Silver banknotes are mainly used for small and medium-sized commercial transactions, while copper banknotes are mainly circulated in citizens' daily lives.

The ten thousand gold notes given by the old emperor can really be exchanged for ten thousand taels of gold.

If converted according to actual purchasing power, it is almost equivalent to 50 million yuan. According to the price of gold, it is even more outrageous, that is 190 million yuan.

Suddenly I had half a small goal.

After the emperor's grandson of the Ming Dynasty reached the age of twelve and received reserve education, his annual salary was 40 gold notes.

Zhu Jingyuan was treated like this before last year, and his salary during this period was provided by the imperial court.

If Zhu Jingyuan did not complete the reserve education and was eliminated at the age of twenty, the amount of his salary would remain unchanged, but it would be paid by the royal family in the future.

Zhu Jingyuan completed his reserve education last year, and his salary this year was supposed to increase to 200 gold notes.

As a result, the emperor made an exception yesterday and made him a prince, and his salary was directly converted into 2,000 gold notes.

In fact, even a prince would normally have to complete the throne education and political training before he could be qualified to be crowned a prince and receive this treatment.

A prince who has not graduated will only have a salary of 400 gold coins a year. As for a prince who is eliminated, his salary will only be 400 gold coins in his lifetime, and the highest he can get is a county prince.

At the same time, all royal titles, including princes and princes, are appointed and ascended to the title based on "assessment".

For any level of title, a son must pass the corresponding assessment. Only then can the corresponding son inherit the same title as his father. Otherwise, each generation will be downgraded by one level.

Which generation can pass the assessment will not be downgraded, but it will not be promoted again.

Although those who can keep their titles may not all be high-level elites, at least they won't be losers.

After Zhu Jingyuan became a prince, his annual salary of 2,000 gold notes was 10 million yuan based on purchasing power, which was about three times that of Prince Charles.

But this is just a salary, which is equivalent to the European royal annuity. The annuity only accounts for a small part of the British royal family's income.

If you include income from inheritance, investments, estates, etc., Charles' annual income is at least ten times that of an ordinary prince of the Zhu family.

The Zhu family's princely salary is relatively normal in the current world, and may even be on the low side.

George II, who died on the toilet, had an annuity of £100,000 when he was Prince of Wales, probably from 1714 to 1727.

At that time, the pound had been anchored to gold by Newton, who was in charge of the British Mint. One gold ounce (31.1034768 grams) of gold was worth 3 pounds, 17 shillings and 10.5 pence.

If other factors are not considered and converted directly according to the price of gold, 100,000 pounds is equivalent to 20,000 gold notes, which is equivalent to approximately 100 million yuan in future generations.

Exactly ten times that of the Prince of the Zhu family.

It's just that the Prince of Wales is a British Crown Prince, and there is only one in the entire British Empire.

In the Ming Dynasty, in addition to the vassal princes who did not receive royal salaries, there were a total of more than thirty ordinary princes alive in the Ming Dynasty.

Zhu Jingyuan originally thought that his princely annuity would be enough to open his own business or design studio.

Now I got 10,000 gold notes all at once, and the six months' salary of the Prince of Wales was even more of a huge sum of money.

Not to mention opening a trading company, it should be enough to build a factory by yourself, build airplanes by yourself, and continue to invent other machines at the same time.

There are so many things you can invent!

After Zhu Jingyuan was stunned, his thoughts quickly opened up.

After the old emperor wrote the check, he was also observing his grandson's reaction.

It was very satisfying to find that he quickly began to think after being shocked, instead of simply being ecstatic about getting a huge sum of money.

After nodding secretly in his heart, the old emperor reminded him again at the right time:

"Officials of the Ming Dynasty cannot directly engage in business. After the peace talks, you must continue to receive practical training in governance, that is, as an official in the court, you cannot directly hold shares and engage in business.

"So when it comes to registering a business, remember to use the name of the princess... If you are not married yet, then use your mother's name to do it, or just ask your mother to do the work directly.

"Speaking of it, you graduated at the end of last year. Now you can consider finding a princess to get married. Do you need special arrangements from the clan mansion?"

Zhu Jingyuan immediately woke up:

"Then let my mother handle the business. As for the princess's affairs... I won't bother the clan for now. I'll look for it myself first..."

The old emperor smiled and nodded, and then reminded him again:

"It's best to find someone before you turn twenty. After you turn twenty, you won't have the chance to choose."

Zhu Jingyuan, who was urged to marry, nodded quickly:

"Okay, I know..."

The training of the princes and grandsons of the Ming Dynasty can be considered comprehensive, but at the same time, one's own emotions are also taken into consideration.

Before the age of twenty, you can have a relatively reluctant "free love", and the one you find is your real wife. No matter whether she is good or not, she will be a princess or even a queen in the future.

Unless she does something extremely sinful in the modern sense, this "free love" wife will always enjoy the treatment of a head wife, a princess, or a queen.

The old emperor found his own queen when he was sixteen years old. Zhu Jingyuan's father was born to the queen, and according to tradition, he was the second son.

After the age of twenty, you have to accept the arrangements of the clan mansion, which can be called a forced marriage.

The Zongren Mansion will initially screen graduates from the best universities in the country. After completing the background check and confirming that they are suitable, they will send people to contact and communicate in private for re-screening.

After actually understanding the other person's personality and other circumstances, and finally confirming the suitability, ask the other person if they are interested in becoming the wives and concubines of a certain prince, prince, or grandson.

After getting permission, start matchmaking. In theory, there will be no force, but most girls will not refuse.

Zhu Jingyuan's mother, Mrs. Liang Yunying, came to his father in this way.

The prince's wives and concubines selected in this way can firstly increase the probability of giving birth to excellent children, and secondly, they have the ability to assist their husbands and children in doing things inside and outside the family.

It was perfectly normal and reasonable for Zhu Jingyuan to ask his mother to help him open a trading company.

As for Zhu Jingyuan's own princess, of course, his first thought was to find it himself.

If you really can't find a suitable one, then you can let the Clan Manor make arrangements when you turn twenty.