Chapter 19 Three Wins
In other words, judging from the different attitudes of Beijing and Nanjing towards Nanyang, Nanyang hopes Beijing will win more. Because they know very well that the people in charge of Nanjing don't actually care about overseas affairs. After Zhu Yunwen ascended the throne, he almost never asked about overseas affairs. Even if he paid attention to overseas affairs, it would be better to pay attention to the attitude of overseas vassal kings towards his accession to the throne rather than focusing on overseas affairs.
rather than overseas interests.
Nanyang Bank is their overture.
The Bank of Korea is a bank established by He Xi through matchmaking. All four Japanese feudal lords have shares in it, representing the interests of Korea and Japan. It is not only to appease the four Japanese feudal kings, but also to tie these people to Beijing's chariot through economic means.
There are also Shanxi Bank and Hebei Bank.
These two sides are regional banks. It was a joint effort between businessmen from Hebei and Shanxi. And it’s ridiculous to say that among the banks in Hebei, there are the most people from Shandong. Without him, too many businessmen in the Shandong prefectures and counties that were captured after the Hejian War last year moved to Beijing. Without him, after the Southern Army repeatedly ravaged these places, they finally knew it. What's going on with the war? I don’t dare to stay there anymore. Upon seeing this, wealthy people in other places in Shandong also made preparations. Read the book
Other places may have other ideas about the North-South War, but Shandong and Hebei are the main battlefields. They know best.
They could clearly see Nanjing's decline.
Some are betting on Beijing, some are betting on both sides, but it is Hebei. After a year of war, although some businessmen made money, most of them did not have much money. As a result, most of the banks in Hebei were from Shandong.
After all, most of Shandong is under the control of Nanjing and they dare not blatantly use the name of Shandong Bank.
The Bank of Shanxi is similar to the Bank of Hebei.
To be honest, there are quite a few businessmen from Shanxi in Beijing. After all, when the Ming Dynasty conquered the north, Shanxi had the largest population and the strongest foundation. The original immigrants were all from Shanxi. Shanxi people themselves are good at doing business.
In later generations, southern merchants became prosperous, but Shanxi merchants were also famous.
However, although Shanxi Bank has many businessmen from Shanxi participating in it. But there was another important person involved, none other than King Yan.
In fact, King Yan himself did not participate. After all, if King Yan really wanted to participate, he could just set up a King Yan Bank. The people arranged by King Yan in the capital had a hand. Without him, the relationship between King Yan and the capital was mostly handled by Liaodong businessmen at the beginning. But it won’t work over time.
Because King Yan’s journey was too far.
Even the Xuanyang ship under He Xi's name also operated in the Northeast, unlike following King Yan's army all the way to the Western Regions. The Shanxi people were not afraid of hardship and became King Yan's army merchants, following King Yan's army step by step to the Western Regions.
He helped King Yan a lot.
As a result, they gradually replaced the position of a line of merchants from Liaodong in the Yan Kingdom.
For the sake of profit, these merchants even dared to cross the vast sea and transport supplies to King Yan's army. Even at certain times, he didn't mind taking out his firecrackers and following the Yan King's cavalry to fight the Mongols.
In this way, it is natural for Shanxi merchants to occupy the internal market of Yan State. As for the businessmen of the Liaodong group, it was probably because of He Xi that they had too many opportunities to make money. Under the influence of He Xi, most of them are willing to engage in technology and factories. engage in production. And don't want to suffer this hardship.
As for how the Shanxi merchants allowed King Yan's people to intervene. Anyway, with the support of Yan State, the capital of Shanxi businessmen immediately became stronger.
As a result, the four major government banks are Bank of Accounts, Bank of Communications, Customs Bank, and Royal Bank. Six private businesses. Liaodong Bank, Zhuque Bank, Nanyang Bank, Korea Bank, Hebei Bank, Shanxi Bank. It’s been established.
In fact, for now, the strength of the official bank is far greater than that of the private bank. But this scale will be difficult to maintain in the future.
And the establishment of this pattern will hit nothing else first. It's pawnshops and pawnbrokers everywhere, as well as private loan sharks.
After the new banking decree was issued, He Xi drafted and Zhu Xiongying signed the order prohibiting usury, which was also announced. He Xi even organized a meeting at the cabinet to launch a ban on usury.
Crack down on loans.
The original Hongwu Decree only limited the amount of interest exceeding the principal on loan sharking. There are also other provisions. There is no penalty for lending itself.
From this moment on, private lending is illegal. Borrowing money between relatives does not count as interest or as a loan. Once there is interest, it is considered a loan. Penalties will be imposed if a certain amount is reached. If the number is extremely large, the death penalty can be imposed.
If you want a loan, you must go through a bank.
The bank's interest rate must be consistent with the interest rate stipulated by the court. Otherwise, the bank's qualifications will be revoked.
As a result, a storm spread across all jurisdictions of the Beijing court.
There has always been such a thing as loan sharking, after all, the imperial power does not go to the countryside. The imperial court did not have the manpower and material resources to verify each case. And the so-called crackdown seems very simple, but it is actually very difficult. If you don't have enough execution ability, it's a joke. The thunder is loud and the rain is small.
He Xi is in a good position this time.
Without him, these banks naturally want to make money by paying such a high price.
On the one hand, banking business makes money, and banking business is naturally the difference between loan and deposit interest rates. On the other hand, it uses the bank’s cash flow. After all, it was particularly difficult for Daming Bank to raise funds before, with so many regulations.
Now that I have my own bank, everything is much more convenient. Everything is easier to do.
What? It is illegal to use bank funds to develop your own business.
Sorry, there is no banking law yet.
What He Xi wants to see now is brutal expansion. Only in this way can he generate enough money to support the war machine. After conquering the world in the future, there will naturally be enough funds to fill the holes today.
Of course, as for what happened to them.
He Xi couldn't wait to do it.
Most of the weird regulations are because some weird things have been done in history, and the same is true for laws. On the one hand, He Xi didn't know the specific laws and regulations of the banking industry. After all, He Xi didn't know that it was easy for him to time travel, so he naturally didn't have these things in his hands. On the other hand, even if He Xi had it, would it be so easy to pass if He Xi raised it first?
People always have to suffer a loss to know the pain.
Therefore, He Xi also needs one or two cases to warn the world.
He Xi doesn't care how these people use bank funds to reduce their financing costs and expand wildly. But on the other hand, that is banking operations. If usury is allowed to run rampant, it will actually encroach on the bank's production space.
Before this, the Ming Dynasty government bank did not go to the county level, it was too high-ranking. It is impossible to compete with private loan sharks. It would be nice to let the gentlemen in these bank offices go to the countryside to lend money. But private banks don't care about this. As long as there is profit, someone will do it.
Moreover, He Xi dislikes private loan sharking for more than a day or two. After all, in He Xi's view, private usury itself is a financial means used by landlords to exploit farmers. Because of this, any orders issued by the government are in vain. It is simply impossible to ban private usury.
It's nothing more than a gust of wind. After a while, it just reappears.
But things are different now. The newly born bankers of the Ming Dynasty are waiting for food. They have suffered a lot of blood, and they really want to find a way to recover their blood. As for the decree given by He Xi, it was left to the prefecture and county to implement it. In fact, let these bankers do it.
Only another class can defeat one class.
There is actually nothing the court can do about this. It is impossible to go to the countryside to check one by one. The court does not have such manpower and material resources. And these bankers do. And if they kill a loan shark, they will have a market.
They are very motivated when it comes to money.
in this movement.
The imperial court has obtained the dirt, and the loan sharks naturally have capital. Landowners in most places. It was enough to make up for the financial gap of the imperial court, and the people received low-interest loans, freeing them from the law that once they borrowed money, they would have to sell their children and daughters to pay back the money. Although the interest rate is not low now, it is at least much better than loan sharking. The bankers gained the market. Even deposits.
The new bank was stable.
