Prime Minister Wang Zhongce saw Emperor Su He's extremely confident look.
He asked tentatively: "Your Majesty, do you want the officials' salaries to be converted into banknotes?
I've heard a lot of suggestions these days that officials don't want banknotes to account for too big a share of their salaries. "
When Wang Zhongce said this, he carefully observed Emperor Su He's expression.
Seeing that Emperor Su He's expression did not change, he added: "Your Majesty, the imperial court is issuing banknotes publicly, and the newspapers will fully report it.
The common people will soon learn about paper money. Because of the influence of Ming Dynasty treasure banknotes, they don't trust paper money very much.
It was too difficult for the court to solve the money shortage in a short period of time.
It will take a long time for the people to fully accept banknotes. "
Emperor Su He smiled and said: "Wang Aiqing, officials are only given a certain amount of salary every year.
Counting on this method to put banknotes out is simply a drop in the bucket.
It takes a certain amount of time for people to accept banknotes.
It is easy for merchants who are already anxious and exhausted to accept banknotes. "
Su He looked at bank president Zhou Yunxu and asked, "How are you doing with the things I asked you to do now?"
Zhou Yunxu immediately and respectfully replied: "Your Majesty, I have already told banks in various places that people should exchange banknotes for silver and copper coins in full.
There is a shortage of silver coins and copper coins on the market now, so we have secretly set a threshold.
For amounts less than 500 taels, the bank will directly exchange them for the people.
For prices above 500 taels, you need to make a reservation in advance and explain the relevant purpose.
Minister also spread the word that UOB would provide a low-interest loan in order to support industry and commerce.
As long as there is a guarantor or collateral, you can get a loan from the bank.
Banks will also cooperate with township offices to promote small credit loans in rural areas. "
When Wang Zhongce heard the news, he immediately understood Emperor Su He's methods.
Let banks lend out large amounts of banknotes through loans.
Massive amounts of banknotes first circulated among merchants, and with the circulation of goods, they were gradually passed on to everyone.
When ordinary people come into contact with banknotes, they can already see the purchasing power of banknotes.
Wang Zhongce asked worriedly: "Your Majesty, the bank will print the first batch of 50 million taels of banknotes. Can those businessmen absorb such a large amount of money?"
Su He said confidently: "The best place to spend money is not the businessmen.
The cabinet is raising military expenditures. There is no need to raise military expenditures now. The cabinet directly borrows money from banks to finance this war.
Through military purchases, large amounts of banknotes were spread into society.
Companies under the Shaofu will also follow suit, and all goods and technologies are allowed to be purchased with banknotes. "
When Wang Zhongce heard Emperor Su He's arrangement, a smile appeared on his face.
Emperor Su He arranged this, and the problem of paper money delivery was easily solved.
Next, it depends on whether the public can accept banknotes.
With a high degree of public acceptance of banknotes, Dahua will be able to survive the money shortage smoothly.
Emperor Su He saw the worried expression on Wang Zhongce's face, but he was not worried at all.
History has proven that people don’t care what money is?
Shells, bronze, gold and silver, paper, even a piece of data.
They care most about the purchasing power of money.
Money is money if it can really buy things. Otherwise, giving them gold is just a beautiful stone.
…………………………
In a spacious mansion in the capital, Hu Dafu kept wandering around the room with his hands behind his back.
His wife said impatiently: "Master, you have been wandering around all morning, and you haven't figured out what urgent matter you encounter."
Hu Dafu held one or two banknotes that had been balled up in his hand.
He looked anxious and sighed: "The 800,000 boxes of instant noodles in our warehouse are now sold."
Hu Dafu's wife said in surprise: "This is great. Instant noodles are fried food and have a long shelf life.
But if stored for a long time, not only the taste will change, instant noodles will indeed become moldy.
Buying this kind of instant noodles will affect the reputation of our company.
What's more, these instant noodles are sitting in the warehouse, and we can't start producing new instant noodles.
The workers produce some other foods, but most of them are idle and need to be paid a salary of several hundred taels of silver coins every day.
It's great news that instant noodles can be sold.
Are they going to pay with IOUs? That's not okay.
We have a stack of IOUs in our hands, and the financial chain is about to collapse, especially since the grain bank no longer allows credit.
If we can no longer collect cash, we won’t even be able to pay workers’ salaries.
We have been owed wages for a month and a half. If we continue to be owed wages, all the workers will leave. "
Hu Dafu frowned as he listened to his wife's words.
His wife was the daughter of a declining wealthy family, and she had learned how to run the family since she was a child.
Hu Dafu is in charge of external liaison business, and his wife takes care of all the factory affairs.
This is the Dahua Dynasty family factory with most of the management structure.
Society is changing too fast, and people's hearts are not worth testing. Even brothers who are loyal can easily fall apart for some dirty money.
Hu Dafu sighed: "Hey! This is an order from the Logistics Department of the Governor's Mansion.
The logistics department always gives cash when purchasing things, but the cash given this time is different. "
After Hu Dafu finished speaking, he handed the crumpled banknotes in his hand to his wife.
"Master, these are banknotes. I saw them in the newspaper.
The imperial court prepared to replace silver and copper coins with paper currency.
The court's credibility is pretty good now.
Ming Dynasty banknotes can also maintain their face value for several years.
Even if paper money is the same as treasure money, after we earn paper money, we should get rid of it as soon as possible.
This way we can save the factory and we won't bear too much loss. "
After Hu Dafu heard this, he hugged his wife excitedly.
"You are really my lucky star, why didn't I think of this.
After you earn this money, spend it as soon as possible, so that you won't lose it in your hands. "
After Hu Dafu wanted to notify, he immediately contacted the logistics department and agreed to the deal.
He also asked his wife to write an article under a pseudonym and submit it to the Commercial Daily.
As soon as this article came out, a large number of businessmen were immediately enlightened.
Many businessmen have figured out that they are overkill.
Paper money will maintain currency value stability, at least in the short term.
They get paper money and as long as they spend it in time, there is no risk at all.
The bank noticed what the businessmen were thinking and promptly launched a business.
Deposit banknotes in the bank, and you can also choose silver coins and copper coins when withdrawing money.
The bank's introduction of this policy has dispelled many people's concerns.
…………………………
Zhao Baoliang asked his subordinates to carry a bag of banknotes and walk into the tax bureau tremblingly.
The rubber shoes produced by his shoe factory are very popular, and the September tax will cost 300,000 taels of silver coins.
The sellers downstream of his factory had no money to pay with silver coins, so they could only choose IOUs and banknotes as payment methods.
Zhao Baoliang knows that banks are now open to the public, and as long as they can provide collateral, they can borrow a large amount of money from the bank.
Many commercial banks that are in crisis borrow a large amount of money from banks to use for the bank's turnover.
Ninety-nine percent of the money lent by banks is banknotes.
Zhao Baoliang was worried that banknotes would lose half their value in a short period of time, just like Ming Dynasty banknotes.
It was in the newspaper he remembered
News, taxes can be paid with banknotes.
Zhao Baoliang immediately chose to accept banknotes for repayment.
Today he brought his subordinates to the tax bureau to pay taxes.
According to previous procedures, after checking the taxes, Zhao Baoliang took out the banknotes to pay the taxes.
The officials at the tax bureau directly accepted the banknotes used to pay taxes without any difficulty.
At this time, Zhao Baoliang's eyes changed when he looked at the banknotes.
Even if the banknotes cannot be spent, they can be used to pay taxes on official uniforms, and their value will not depreciate too quickly.
…………………………
Yang Pengfei asked Zhou Botai, the shopkeeper in charge of the wool trade.
"The weather has turned cold, but there is still less wool shipped from the Yinchuan factory.
Our store can fully expect sales in the autumn and winter seasons.
There are too few people in Mobei and Northeast China. Even the big wool consumers there cannot compare with the sales volume in autumn and winter in the northern region. "
Shopkeeper Zhou Botai shook his head and said: "Master, it's hard for a clever woman to make a living without rice. If you don't pay me, how will the Yinchuan factory use it to purchase wool?"
There is no wool, where can the yarn come from?
Those Mongolians were very smart and had to use silver coins to buy the wool in their hands.
The wool textile industry has developed so fast that demand for wool currently exceeds supply.
If we offer credit, the wool will be resold to other merchants. "
Yang Tengfei's face darkened. The old people in these business houses were too stiff-minded.
In order to develop the company, he must find a way to remove these old people and replace them with young people with flexible minds.
"Shopkeeper Zhou, do you have a bad memory? Our company took out a loan of three million taels of silver coins some time ago.
I will allocate one million taels to the Yinchuan factory to purchase wool. "
Shopkeeper Zhou Botai's face turned red and he said: "Master, those you gave us are banknotes, not silver coins.
Not to mention the Mongolians, even the workers in the woolen textile mills did not accept banknotes. "
Yang Tengfei looked at Shopkeeper Zhou's performance and kept shaking his head.
"Shop Manager Zhou, you are also an old man who has traveled to the desert many times for business.
Your understanding of the Mongolian tribe is too superficial.
Do these Mongolian tribes really need silver coins?
What they really need are materials that are scarce on the grassland, such as ironware and tea.
Silver coins were just a means for them to purchase supplies.
The strength of our business is very strong, allowing the local area to prepare a large number of products that are urgently needed by the Mongolian tribes.
Lower the prices of these items and allow paper money to be purchased. "
Shopkeeper Zhou Botai heard his boss's order and asked puzzledly: "Master, why do we go to all this trouble instead of bartering directly?"
Yang Tengfei was very dissatisfied when he saw Shopkeeper Zhou's performance. This man was hopelessly stupid.
"Why haven't you turned your head around yet?
I chose to do this, of course, to cultivate the habits of the grassland tribes.
The supplies are real money and must be purchased with cash.
Banknotes We can borrow a large amount of banknotes from banks through loans.
All the silk and cloth accumulated by our company can be mortgaged to banks and exchanged for a large amount of banknotes.
We can make maximum profit by exchanging paper money for wool. "
Shopkeeper Zhou Botai found that his boss's tone was a little impatient.
Ask in detail about the details of this transaction.
He took a train to Yinchuan with a large amount of banknotes.
He planned to purchase a large amount of materials in Xi'an and transport them to Baotou for trade with the Mongolian tribes.
…………………………
Lu Shuiniu, the head of Kongmiao Township in Qufu County, Shandong Province, went to the countryside to promote the new policies of the imperial court.
In more than a month, it will be the day of corn harvest, and winter wheat will be planted after a while.
This time is also when every family in the village is most short of money.
The main purpose of Lu Shuiniu's active promotion of the new policy is to express himself.
His immediate boss, County Magistrate Hua, was captured by the majestic censor some time ago.
Xinzhi County is on the way to take office, and many officials in the county have also been dismissed from office for investigation.
Lu Shuiniu got the news and he behaved better this time.
It's not that difficult to be promoted to a rank and transferred to the county's Yamen as chief officer.
This was a once-in-a-lifetime opportunity and he had to excel.
He walked to Yushu Village and was immediately surrounded by villagers.
When Lu Shuiniu saw this scene, he immediately understood that the news had spread.
As he expected, the villagers immediately asked him for relevant information.
"Master Lu, the imperial court can really give us a loan and support us in opening a chicken farm.
In the past, the imperial government only supported the village with money to buy cattle and seeds. "
Lu Shuiniu saw the excited eyes of the villagers and pointed to several young people carrying packages next to him.
"They are people from the county bank, and they came to our township specifically to apply for loans for the villagers.
This time it's not just about farming. If you want to raise some livestock or build a house, you can get a loan from the bank.
The village chief and I will provide you with relevant certificates. "
When the villagers learned the news, they immediately asked: "Master Lu, what is the guarantee for the loan?
The land and loans at home have not been repaid.
The family's house is not worth much, and there really is nothing to mortgage it for. "
Mayor Lu Shuiniu explained with a smile: "This is a credit loan provided by the imperial court specifically to help farmers.
A line of credit, as the name suggests, does not require a mortgage.
As long as the village chief and I prove that you are from this village, you can apply for a loan of no more than one hundred taels.
The loan interest is very low, with an annual interest rate of only 2%.
The loan term can be as long as ten years. If you can't pay it off yourself, you can let your son continue to pay it back.
If you really can't repay the loan, you will have to obey the court's arrangements and go to the border areas to guard the borders. "
When the villagers heard the loan request, they immediately became proactive.
"Repaying the loan is the punishment, and we can all bear it.
My nephew went to Nanyang and planted irrigated land that could be harvested four times a year. Now he has made a fortune. "
"My cousin's second son responded to the imperial court's call and went to Turpan Province to plant cotton.
If the loan can't be repaid, the most I can do is grow cotton with him. "
Many people who were in a good position immediately signed up for a loan. They looked at the pile of colorful paper they got after signing the deed.
The villagers were dumbfounded and stood up impatiently and asked, "Master Lu, what's going on?
We want silver coins, and these pieces of paper are just trying to get rid of us. "
This is not the first time Lu Shuiniu has encountered this situation. He smiled and explained: "The information you know is incomplete. This is a newly issued banknote by the imperial court.
Remember what these banknotes look like. This banknote is worth one or two silver coins.
There are now more than 200 cows in the village, which can be purchased directly with these banknotes.
All supplies sold in the countryside can be purchased with banknotes.
If you are short of anything, come back with me now and buy it with banknotes.
If you can’t buy anything with banknotes, I’ll pay you to exchange them for banknotes. "
When the people heard this answer, they felt relieved.
Taking the banknotes, follow Lu Shuiniu to the countryside to buy goods.
Villagers use banknotes to buy cattle, salt, chickens and other commodities.
Their doubts were removed and they were convinced of the purchasing value of the banknotes.
