No wonder everyone was in an uproar.
It is true that Zhu Yuanzhang's treasure banknotes are too powerful.
Although everyone currently has not experienced the Hongwu and Yongle era.
However, a series of recent acts of worship, especially the feudal king's request to collect treasure banknotes to worship and burn in front of Taizu's mausoleum, have caused the topic of treasure banknotes to vaguely compete with the popularity of establishing a new cabinet.
Anyway, others didn't know that Zheng Ji paid attention to this treasure banknote again, and he saw in front of his eyes that the price of the previously worthless treasure banknote increased by one day, to the current exaggerated five or sixty taels of silver and ten thousand guan.
In addition, their recent exchange of interests still requires a vote from the feudal king.
These vassal kings also stimulated a wave of increase in the price of treasure banknotes because Zhu Houzhao relaxed the restrictions on guarding.
In short, during this period, their own family members were more or less involved in the buying and selling of treasure notes.
This has led to a deeper understanding of the historical context and influence of Baochao.
Zhu Youzhao, no... Now Zhu Houzhao actually wants to use the treasure banknotes completely in Jinling. This makes some people feel anxious. Don't Zhu Houzhao use the treasure banknotes to pay them salaries?
In addition, regardless of the previous factors...
Bao banknotes replaced silver and copper plates as temporary currency.
It can be understood that using underworld coins to replace money in circulation in Jinling is more or less underworld.
I, Dajinling, have just been promoted to the imperial capital, not Fengdu!
Also, it will be canceled after seven days of use... Could it be that Zhu Houzhao was addicted to this temporary cabinet and temporary treasure banknotes?
Faced with everyone's uproar and subconscious objections, Zhu Youzhao was not surprised, and Zhu Houzhao was also watching calmly.
This is an expected situation.
And their abnormality quickly made the officials who subconsciously objected react.
Are they against it?
Can they object?
Do you still want to join the cabinet?
Everyone suddenly woke up and realized that His Majesty and the President were probably waiting for them here.
Whoever opposes it will probably be the first to lose his candidacy.
And once they lose their qualifications to run for office, some of the benefits they managed to provide previously will be in vain.
Co-authored, all of this is waiting for them here.
Some people quickly quieted down and looked directly at Lin Han. Isn't this kind of recommendation against the rules?
"His Majesty……"
"It's okay to use treasure money, but how do you want to use it?"
Lin Han, under the signal of everyone, had the courage to speak and looked directly at Zhu Houzhao. He said this very well and agreed, but he needed to give a reason.
"You should discuss this detail first. Since it is a suggestion made by the president, you and the president should discuss it. I feel that this form is good."
Zhu Houzhao pushed King Xing out again without sticking the pan, and at the same time, he also showed his approval of the plan.
Don't sing a double act here!
Everyone couldn't help but complain.
"President, Mr. Lin's question makes sense... How are we going to use it? Besides... I've done the math here, our Ministry of Household Affairs currently only has one million guan of treasure notes. If the whole city of Jinling wants to use it, , I’m afraid it’s not enough. Also, how to use it? Will it be restored to the way it was during the Hongwu and Yongle periods?”
Zheng Ji couldn't help but speak. After calming down, they found that maybe the usage path could be optimized.
The current treasure banknotes are valuable, and if they are really used for seven days, it will not affect it.
On the contrary, it may benefit the people.
"Yes... President, and His Majesty... This method is good. But currently, as far as I know, there are not so many treasure banknotes on the market. Even if there are, there seem to be a lot of fake treasure banknotes. There is another one, everyone. They are used to using silver and copper coins. Unless they are given free money to use, if they are really forced to exchange silver coins for precious coins... this would be a bit bad. The reputation of the president and the reputation of us people may be damaged by then... ..." Zhu Fu also continued to ask questions.
The elimination of Baochao has become a historical necessity, and it is necessary to regain its original status.
Unless the official forcefully orders it, such a forced order will inevitably lead to a lot of scolding.
Zhu Houzhao's hard-earned goodwill from the people of Jinling may be lost in an instant.
The matter given by Zhu Houzhao and Zhu Youqi is not an ordinary difficulty.
Thinking of this, everyone's scalp feels numb, not to mention... everyone has more or less industries, businesses, and banks. If this matter continues, everyone subconsciously feels that they will suffer a big loss.
"The specific regulations... can be discussed by everyone."
Faced with everyone's distrust and normal doubts, Zhu Youqi was not afraid, but accurately controlled the situation: "In short, this is just a temporary activity! We must do it without disturbing the people or letting the people suffer. If they can use it willingly, Treasure money would be even better.”
"I also know that this matter is a bit difficult to handle, so... I called everyone here, and by working together, we should be able to find a solution that satisfies everyone!"
"I agree with the president's proposal. This is not a disturbance to the people, but an act to benefit the people! After all, I sacrifice with the people, and Taizu certainly doesn't want to see me disturbing the people. I can solve the problem of treasure banknotes here... I provide 10 million treasures Banknote! At the same time, the Ministry of Household Affairs took out 10,000 shi of grain and bound it with the treasure banknote. By then, if you don’t use the treasure banknote, you can still use the treasure banknote in exchange for food.”
Zhu Houzhao also came up with ways to use the treasure banknotes in a timely manner.
"So, Zheng Ji, is it okay for the Ministry of Household Affairs to allocate 10,000 dan of grain to commemorate the death of Taizu? I remember that Uncle Wang's vassal salary is only 10,000 dan per year."
Ten thousand shi of grain equals 1.2 million catties!
Converted into silver, it's about thirty thousand taels of silver.
Zheng Ji quickly calculated that this was probably the food consumption of the people of Jinling for two days.
At the same time, the 10 million treasure banknotes are bound to 330,000 taels of silver, which means that Zhu Houzhao directly anchors the exchange rate: one tael of silver can be exchanged for 330 guan of treasure banknotes.
Nowadays, the price for vassal kings to collect treasure banknotes is: one tael of silver can be exchanged for two hundred guan of treasure banknotes.
The common people only need to use one tael of silver to buy three hundred and thirty guan of treasure banknotes, and then sell it to the feudal king for two hundred guan of one tael of silver... They can earn more than one tael of silver!
If you don't want to exchange for silver, you can exchange almost ten guan of silver for a pound of grain.
"Your Majesty, the Ministry of Household Affairs can provide it...but the treasure banknotes are exchanged for food. Are these treasure banknotes really distributed to the people? Are they really enjoying the happiness of the people?"
Zheng Ji didn't expect that Zhu Houzhao and the others really had a way. This was acceptable, and there was no doubt that the treasure banknotes would still be robbed!
"That's natural! I don't want to be called a foolish king, and I don't want to be scolded by the people. Sacrificing with the people can also be called enjoying with the people." Zhu Houzhao finally set the tone.
"In this case, can we really use the treasure money?"
Zhu Fu couldn't help but think for a moment. If they did it well, it seemed that they could get thousands of catties of grain for free.
"If you do it this way, it seems to work!"
The people present were a little surprised, and they were all ready to be stabbed. Who would have thought that the emperor seemed to be sending benefits?
"Then how are we going to distribute it to the people?"
"How will the people use it?"
However, there are also officials who are not sensitive to the economy. Liu Zhong, the Minister of Rites, feels a little pain in his head. He does not understand the things here. Instead, he feels that issuing 10 million treasure notes is a huge project.
"It's up to everyone to find a solution..."
"My suggestion here is... after people get our treasure banknotes, they can use them together with silver and copper coins. At the same time... in order to prevent everyone from using it, we need some people from each ministry, and the Metropolitan Procuratorate and Dali Temple will go to the shops to supervise..."
Zhu Youqian continued: "Also...the current treasure banknotes are also worth some money."
"In order not to be interrupted by the public, this president suggests... that during the event, all banks should stop their silver exchange business and close their doors for seven days."
"We invited the shopkeepers and clerks of these banks to form the First Bank of the Ming Dynasty. They will issue treasure banknotes for us and accept people's temporary exchange of silver and copper coins for treasure banknotes."
"The price is set by His Majesty. One tael of silver can be exchanged for 330 treasure banknotes! Each person is limited to purchase five taels of treasure banknotes!"
"After the worship is over, people can also take the treasure notes and exchange them for money!"
This was Zhu Youqi's first step in establishing the Ming Dynasty Bank.
