Chapter 66 Banking Department
Is the project of building a new Beijing city important? Naturally important. But it has long been nothing here in He Xi. In terms of pure project volume, a construction project in Beijing is not even the largest project in Hongwu years.
Because so many things were done during the Hongwu period, whether it was Nanjing City or the cities built in various places, they were not small compared to Beijing City. Even if the city of Beijing is larger, if there is a large-scale immigration, northern Xinjiang will be deployed thousands of miles away.
In total, it is much larger than the Beijing urban construction project.
Even if it is a matter of migrating and copying the Liaodong industrial system, although it is important, He Xi is not as poor as he was at the beginning. Someone is also in charge.
The most important thing is to establish a new economic system. Among them banks are the most important.
However, Beijing is already inland after all. It's not like He Xi on the sea or in Liaodong, where you can play whatever you want.
He Xi has discussed it many times.
Still worried.
If possible, He Xi even wanted to bring Huang Zicheng over from Nanjing.
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He Xi's house went to the main hall.
He Xi's staff are all here.
He Xi simply pulled over the blackboard and wrote a whole set of plans on it.
It is an expanded version of Liaodong Bank. From gold and silver reserves, to deposit and loan management, as well as the printing of banknotes and so on. The main profit points are the difference between borrowing and lending, as well as deposits and withdrawals in other places. These two points.
Although it is still primitive in all aspects, it already has a bit of the flavor of modern banking.
He Xi said: "Yang Shiqi, what do you think?"
The reason why He Xi asked Yang Shiqi was because of this plan. It's not just He Xi who deserves the credit. Although He Xi's ideas are the main ones, they also incorporate the wisdom of many people. After all, even if any idea is correct, it must go through a process of localization.
Yang Shiqi was silent for a while and said: "Your Excellency's idea is an extension of Liaodong Bank, and I can't come up with any ideas. However, there is one thing I don't know what your Excellency thinks. It is the position of the Banking Department in the court. What is it?"
He Xi didn't understand Yang Shiqi's meaning for a while and said, "Positioning?"
Yao Guangxiao already understood. Said: "It doesn't look like a yamen."
As Yao Guangxiao spoke, he glanced at Yang Shiqi and looked up to Yang Shiqi.
Yao Guangxiao's talent is to spy on people's hearts. Whether it is military or political struggle, this is Yao Guangxiao's strength. But in terms of political construction, it is not his specialty. On the contrary, it is not as clear as Yao Guangxiao.
He Xi didn't understand it at first, but after being reminded by Yao Guang Xiaoyi, he finally understood it.
This banking department can be said to be incompatible with the entire Ming Dynasty.
It's even more different than Liaodong's industrial system.
The so-called factories in Liaodong deal with bulk goods and large buyers. There is no sales pressure at all, and no profit pressure. Therefore, these factories are more like yamen in terms of their work style. Otherwise, it would not happen that a factory director treats the entire factory as a harem.
In fact, this kind of yamen style is not a special case, but the normal state of this era.
The chief officer has absolute control over those below.
But now the banking sector is different.
The Banking Department is essentially a bank with the power to issue banknotes. It manages liquid and active money, and its management is more refined than almost any yamen used in this era. Not to mention, they also have to decide how much money to print and so on.
There's so much going on here.
It is somewhat incompatible with the entire political system of the Ming Dynasty.
This is what Yang Shiqi reminded.
It is impossible to place this institution in a local place. It has no place in the center. Even if the Minister of Household Affairs did not control the Banking Department, he would not be the financial center of the Ming Dynasty.
This is not what Yang Shiqi said.
After all, the framework of the Ming Dynasty was not fixed. Zhu Yuanzhang is still here and can be changed at any time, so it doesn't matter. The problem is that if the bank really succeeds, there will be no room for change in many things.
It was not a modern business-style administrative institution like a bank that brought about new reforms in court management. Either that or the bank secretary was lost in the crowd, and He Xi and the people behind He Xi were also lost in the crowd.
It's just that Yang Shiqi said it a little implicitly.
He Xi was silent for a while and said: "There is no rule in the world about what a yamen should be like. Don't go too far, talk about the things in front of you first." He Xi knocked on the blackboard and said, "Are there any questions?"
Yang Shiqi said: "Of course there is no problem. The problem lies in the ratio of reserves to issuance, and the numbers of these activities."
He Xi said: "Then, let's move on to the next question. What if we exchange the treasure notes for banknotes?"
As soon as He Xi said this, everyone was shocked.
He Xi had always kept this idea in his heart, but it wasn't that he didn't trust them. Nowadays, when doing big things, you cannot be careless. And if these people knew it in advance, it would be of no use. Now the Banking Department has been completed.
First of all, He Xi set up a presence in Beijing and recruited a group of experienced people from Liaodong.
The entire framework is in place, and at least there is no shortage of people to handle it. Have specific execution capabilities. If the previous idea was just an idea, now at least it is no longer a fantasy.
Secondly, Nanjing’s money has also come. At least it's not like cooking without rice.
Furthermore, the preliminary preparation work for the Beijing City Project has already begun. The banknotes have already flowed into the Beijing construction site. Although the number is not large, even the Liaodong banknotes are circulating. It can be said that they are old tickets and not new ones.
We are already ready for big investment and big projects.
Therefore, He Xi felt that the time had come for silver notes to replace treasure notes, so she was willing to tell everyone.
Yao Guangxiao was silent for a while and said: "Sir, when exchanging banknotes for treasures, should we exchange them for face value or actual value?"
He Xi said: "Actually, His Majesty wants to exchange it at face value. But actually? It's unlikely."
Yao Guangxiao said: "That's it. It doesn't need to be said. Just allow the treasure banknotes to be exchanged for banknotes. Just collect the banknotes and print the banknotes. Fix a price and prepare for a period of time until there are fewer banknotes on the market. , and then set a deadline. After that, there will be no replacement. New banknotes will be replaced by old banknotes, that’s how it is.”
In fact, the Song, Jin and Yuan dynasties also had a lot of experience playing with money.
For example, changing banknotes is like this.
They are all set in stone.
He Xi was silent for a moment and said, "I always feel like something is wrong."
Yang Shiqi said: "Mr. Yao is generally right. But the problem lies in the details. How many banknotes are there in the Ming Dynasty? How much principal do we have here? Nowadays, the principal of six million taels, even if it is one to ten, is issued Sixty million taels of notes. Can you exchange all the treasure notes?"
"That's the crux of the matter."
"More importantly, the money given by the imperial court was used to build the city of Beijing and to set up factories. All 60 million taels were invested in it. What should we do with it? Can the city of Beijing be built out of thin air?"
"That's the crux of the matter."
He Xi said: "Yes. This is the key."
Yao Guangxiao shook his head and said: "This is simply a magic trick. You have to fill in several accounts for a sum of money. I don't know what you are going to do. But even if I try hard, I can't figure out how to change this scene?"
Yao Guangxiao's words reflect the same thoughts of everyone.
On the contrary, He Xi's eyes were bright and he thought of many things. Although He Xi hasn't thought of a solution yet, he at least understands one thing. In the final analysis, this is still a matter of money. It can be regarded as repaying old debts to the Ming Dynasty. This debt has been discounted too much.
He Xi is not afraid of money issues.
He Xi has a way to make money.
Money is not an issue.
He Xi said: "Don't think about money for now. Think about one thing first, that is, what should we do about this matter? How much money is needed. Then think about how to do it specifically?"
Yao Guangxiao said: "This brings us to a question, that is, how many imperial treasure banknotes have been issued? Even at the market price, how much silver is needed? Right."
He Xi nodded and said, "That's right." Then He Xi nodded to Tie Xuan who was sitting on the side.
Since He Xi had this intention, he was naturally prepared for it. He had already assigned Tie Xuan a task, which was to count the total number of Ming Dynasty banknotes issued. This thing is not difficult.
