Chapter 50 Banknote
Yang Zhen held the banknote in his hand.
This banknote is printed very delicately.
When Yang Zhen touched it, it felt like silk. Then he flicked it and made a splashing sound. It says five hundred taels. This is the largest denomination. The lowest is fifty taels. Yang Zhen thought hard, but couldn't understand. Although this piece of paper was very delicate, how could it be worth so much money?
This denomination was also the conclusion that He Xi had discussed for a long time. Because from the private sector to the business community, there is a sense of distrust towards banknotes. Therefore, it is impossible to exchange banknotes on a large scale and comprehensively. So, use large denomination lands. Even the smallest denomination, fifty taels, is not something Xiaomin's family can afford in a year.
I also want to be different from Bao Chao. The treasure note is Wen Yuguan, so the bank note is two.
He Xi's original intention was to first circulate this kind of banknotes in large-scale transactions, and then slowly penetrate them downwards in the future, and use silver banknotes to replace treasure banknotes in the future.
Yang Zhen pondered for a moment, thought about it, and said to himself: "That's all. I'll just treat it like all the previous bills. It's just that I can withdraw money."
"Shopkeeper, they are here." A servant outside said.
Yang Zhen said: "Invite them over."
After a while, dozens of people came in. Yang Zhen immediately stood up to greet him. Small talk for a while. Said: "Everyone, how is business lately?"
"What's the good thing?" Fang Chengyun said: "This time, I will probably return empty-handed. However, before leaving, I can only try my luck in Gaoli."
As soon as this statement came out, many people sighed.
In fact, most of them made money this time selling Liaodong's goods.
But making money is making money, but they didn't expect that there were so many goods in Liaodong and they were so cheap. In terms of fund allocation, the focus has always been on the southeast, that is, Jiangsu, Zhejiang, Fujian and other provinces. In terms of overall procurement, Liaodong is estimated to be not worth one-tenth of the share of these places.
Even in terms of sophistication alone, the goods from Liaodong are far inferior to those from Jiangnan.
This is not to say that machines are inferior to human labor, but it can only be said that the machines that have just been developed now are far from reaching this point. But cheapness is the biggest killer. Cheapness not only increases customers' desire to buy, but more importantly, allows middlemen to have greater profit margins.
Yang Zhen said: "I have something great to tell you today." Then he picked up a stack of banknotes and said, "Look at this."
A stack of silver notes was divided and handed to all the ship owners.
One person couldn't help but said: "Can this be used as silver?"
Yang Zhen said: "Or, it cannot be used as silver in other places. But it can be used as silver in Liaodong. It can be directly exchanged for various other bills. The ratio of exchange for various other bills is posted in the lobby of the bank account. On."
I don’t know who snorted lightly. No words were spoken.
But Yang Zhen also knew what it meant.
Everyone is not a fool, this is paper. No matter how beautiful the printing is, it is still just a piece of paper. If you want to print a piece of paper and use it as money, it is a little too good to think.
However, we are all people who hang out in the mall, and we will never act out of emotion. A hot-blooded young man can do something like slap him in the face, but these old foxes in the shopping mall can't do it. Being able to snort coldly is already insufficient cultivation. The correct approach is just like these seniors, no matter how unreasonable things the other party says. They all complain and say nice things, but they don't tell the truth.
Yang Zhen also felt a little embarrassed and could only say: "Everyone, I am also here to get some fresh air. Soon, the Marquis of Yongchang will mobilize his troops and need a lot of ships. Liaodong has already ordered documents. No matter how many ships, all of them will be based on a thousand ships." Two, five hundred taels a month's rent for the boat. If we join the war, each person will be rewarded fifty taels. Of course, they are all paid in this way."
"That note can be exchanged for other notes in Liaodong. Let's think about this deal. If you want to do it, just do it. If you don't want to do it, just pretend I didn't say anything."
Yang Zhen didn't think anyone would believe a piece of paper.
There was silence for a while, and then everyone joked and laughed for a while. Suddenly Fang Chengyun stood up.
Although Fang Chengyun had made a lot of money before, he was still burdened by heavy debts. After barely repaying it, and the Fang family firm's massive expansion during this period, the person with the tightest money and the greatest financial pressure is no one else. That's him.
Fang Chengyun didn't think about anything else just now. He just had one question. That is to exchange the silver notes for other notes, then exchange the other notes for physical objects, and rent a warehouse here in Liaodong to store them. A piece of blank paper can be turned into waste paper, but these goods cannot be empty.
Isn't it just a trip?
Fang Chengyun was originally going to go to Korea and Japan. Otherwise, wouldn’t the qualifications he had spent so much money to obtain be scrapped?
Soon, word of Fang Chengyun's approach spread.
There was silence in the hall for a while. They quickly felt that Fang Chengyun's approach was good. Don't think about it, this bank note will not depreciate in value. Just take a trip to Korea. Such a high shipping fee is already quite good. Many ships were discounted for only one or two thousand taels, but now they cost one thousand taels directly. It's almost the price of the boat. This money is just picked up for free.
How could you not want it?
After a while, everyone stood up and left.
Yang Zhen looked at this and was silent for a while, thinking to himself: "Am I too conservative? I don't want to accept new things." Then he looked at the banknotes in his hand. The banknotes he saw before were just paper. Naturally, Not distressed. Now I feel that I have at least a few hundred taels of paper. How can we not worry?
It should be noted that Yang Zhen has a lot of furniture. But it may not be possible to get a few hundred taels of cash.
------
Yang Shiqi immediately reported this dumbfounding situation to He Xilai. Said: "A total of more than 157,000 taels of silver notes were released, and goods of the same value were also allocated. More than 10,000 taels of silver were recovered."
He Xi was stunned when he heard this and said, "Wait a minute. Why are you still recycling the money?"
He Xi actually knew that at the beginning, there was no essential difference between the bank note and the debt He Xi made them pay. It was nothing more than a loss. As a result, He Xi felt that Liaodong would have to be under such strict control for a long time.
However, he never imagined how the money could be recycled?
In order to build market confidence in banknotes, He Xi has ordered all localities to collect all banknotes. Where did this money come from?
Yang Shiqi said: "Yingkou is in chaos now. Not many warehouses have been built, especially in the dock area. And these businessmen were worried that the banknotes would become waste paper, so they immediately exchanged the banknotes for other kinds of tickets and immediately exchanged them for physical objects. , but there is no place to put it, so the tide has only lifted all boats, and the price of warehouses has also gone up. So, this is what it is like now. All warehouses have been rented out. More than 10,000 taels."
He Xi said: "Why don't they use banknotes?"
Yang Shiqi said: "I don't know. I probably think that because they thought the banknotes were unreliable, they exchanged all the banknotes. Later they remembered what happened in the warehouse, so they had to use silver."
He Xi laughed loudly after hearing this.
This thing is really interesting.
However, having said that, the bank notes issued today have almost come full circle. It seemed that He Xi had suffered a terrible loss. It's a discount and delivery. However, He Xi believes that one day he will make money one day. After all, as productivity develops, the quantity of goods must also develop accordingly. Otherwise, it would be a money shortage that the Song Dynasty could not solve in one day.
The scarcity of currency is also very detrimental to business development.
Originally, He Xi thought he would have to pay for it for a while. However, there is now progress. This is still progress that He Xi can feel. He Xi believed that there were still many things he didn't know.
He Xi finished laughing and said, "I have ordered that all the money I have at home be exchanged for banknotes. Send someone to move it."
Yang Shiqi was shocked and said: "Sir, why are you doing this? This bank note------"
He Xi said: "Can't our own people trust our own things? Besides, when it comes to my situation, what is money? It's just a piece of stuff. Just go ahead and do it. Get the money and ship it directly. I Going to Sapphire.”
