First Prince of Ming Dynasty

Chapter 430
After Yan Donglai withdrew, Zhu Biao cast his eyes on Zhao Yong and the others: "Go down too, restrain yourselves and don't make trouble at this time, the children in the family should also be more careful, if they are not willing to be disciplined, then send them to the Jinwu Guard Or the military guards of the government."

The Marquis readily agreed that the Twelve Guards are the Emperor's entourage, and they would not recruit soldiers from outside at ordinary times. It is rare for His Highness to be kind, so they will naturally not miss this opportunity.

The Hou Yemen retreated out full of ambition, and Zhu Biao looked at their backs and said nothing. Although the prince did not have the power to command the top twelve, Zhu Biao, the prince, was different after all.

Under Zhu Yuanzhang's connivance, Prince Zhu Biao's decree has great authority, as long as it does not conflict with the emperor's decree, he can do whatever he wants.

Zhu Biao had been prepared for allowing the sons of Xungui to join the military guards of the government. Letting these idle dandies hang around in brothels and gambling houses all day is the source of disaster.

It's hard to say in the future, but at least in his two generations of honorable children, they have to grow up even if they are not good enough, so they don't want to live a life of depravity and extravagance.

Seeing that the rest of the people were gone, Chen Youzong reported: "The things His Highness ordered have already been arranged, and all the craftsmen in the south of the Yangtze River who are proficient in making paper tickets have rushed here as soon as possible, including their family members and apprentices."

Zhu Biao nodded when he heard the words. It was rare to have so much silver in his hand. Naturally, he was going to prepare to issue banknotes.

Moreover, after four years of large-scale casting of Hongwu Tongbao, Zhu Biao looked at the accounts of the Baoyuan Bureau and found that about [-] million coins were minted every year, which led to a sharp depletion of the court's copper reserves. China has always been a country that lacks metal mines such as gold, silver and copper.

Moreover, many problems of copper coins are also difficult to solve, such as scarce copper mines, difficult to develop, high casting costs, waste of money and people, and serious problems of private casting, which have been repeatedly banned.

The same is true for silver and gold. Rare things are more expensive, but they are not suitable as currency in circulation, and they are inconvenient to carry, and there are many problems such as varying purity.

After all Zhu Biao got this batch of silver, the first thing he thought of was to use gold and silver as the standard and replace copper coins with paper money. Of course, this must be a gradual process. adequate.

After the Song and Yuan dynasties, common people and gentry began to distrust the credibility of the court, and the long-term lack of restraint in printing led to inflation of banknotes, which was not as stable as gold and silver.

This is also a problem of all dynasties, even in the Ming and Qing Dynasties in history. There was no concept of establishing a financial system at all, and it was all paper money issued for the purpose of squeezing private wealth.

The imperial court did not recognize or take back the precious banknotes issued by the imperial court, and the imperial court had no concept of reserves at all, nor did it have a corresponding inflation response mechanism. It is impossible not to collapse.

To be honest, the production of banknotes is a forced choice. In the current social environment where the people are severely tied to the land, social industries are difficult to flow, and commerce has not yet developed, banknotes are used as the mainstream currency of circulation. Just a not-so-smart way to do it.

However, at the beginning of the founding of the country, there was not much room for choice, especially the corrupt situation faced by the founding of the Ming Dynasty. The Yuan Dynasty really caused the grassroots to be too miserable.

Last year, the imperial court suppressed Buddhism on a large scale. Part of the reason was to use copper for melting Buddha statues and utensils. It has to be said that no matter in times of prosperity, Buddhism is indeed rich, and it has never been stingy to melt and cast Buddhist utensils with precious materials.

Zhu Biao discussed with Chen Youzong for a while. Both of them knew little about it. Fortunately, there was enough time for some officials to study the paper money policy formulated at the beginning of the Yuan Dynasty.

After Chen Youzong went down, Zhu Biao pinched the center of his brows with a headache. In fact, he was not too sure, after all, he had never studied finance and was just crossing the river by feeling the stones.

But in the end, there are cases of success or failure in the Song and Yuan Dynasties to refer to. It will take some time to train some professional officials and talents. Be careful when the time comes, and even if you lose some, you must prioritize protecting the credit of the court.

Not long after, Liu Jin led Liu An and Chen Rongyan in, and after respectfully bowing down, Liu Jin reported: "Master, the slaves and maidservants have been counted according to the account books, and there are no omissions. They have been loaded and transported to the gate of the palace. ..."

Zhu Biao ordered: "Move all the silver into the internal treasury, and move the rest into the East Palace treasury."

Liu An left as promised, and Chen Rongyan in the main hall was a little nervous. The crown prince in court clothes was indeed different from what he had seen in the past.

To Chen Rongyan, Zhu Biao didn't need it yet, so after a few words of consolation, he was asked to manage several Huangzhuang shops inside and outside the capital, so that he could listen to it at any time in the future.

Moreover, the current officials in charge of Huangzhuang are mediocre, not to mention any income, and they know to use some wild boars, rabbits, and golden pheasants to fool things. I heard that a few days ago, Lao Zhu was furious, and women entered Jiaofang and men entered Fengyang...

When Chen Rongyan exited with gratitude, the sunlight that was only shining on the threshold had already climbed into the hall, and the whole morning was almost over before he knew it.

As soon as he got up to move around, he saw the three kings of Jin, Chu and Qi running in, crying and crying. It seemed that they had been waiting outside the hall for a long time, and they were a little impatient.

"Brother, we have been standing at the door for more than two hours, why are you so troubled when you just came back?"

"Brother Hei has lost a lot of weight. It seems that the most beautiful man in Beijing is the king."

"Brother..."

"Brother..."

Zhu Biao looked at the three brothers who were bluffing and had a headache, ignored their messy questions, looked at them with his hands behind his back and said, "Why are there no rules at all after leaving the palace! Could it be that you want to move back?"

"Forehead…"

The three of them looked at each other without closing their mouths. They tacitly tidied up their loose clothes, and then knelt down in a neat and orderly manner: "My brother, see His Royal Highness, and welcome the emperor back to the palace!"

Zhu Biao nodded happily, walked down the steps with his hands behind his back, walked around the three brothers a few times before smiling, "Get up."

After the three brothers got up and looked at the face of the elder brother, they knew that there was nothing wrong, and suddenly they became noisy again, Zhu Biao didn't stop it anymore, and started chatting and laughing with the younger brothers.

The second and third children are not too young, and their marriages have already been settled. His wife is from the Xun family, like the second wife is the daughter of Deng Yu, the Duke of Wei, and the third wife is the daughter of Feng Sheng, the Duke of Song.

Needless to say the fourth child, it can be seen that the current nobles are powerful, even Zhu Yuanzhang has to win over more and marry the prince to show his favor.

.....................

(End of this chapter)