Daming Yuanfu

Chapter 1472 Absorption (Part [-])
The capital, Shangshu Gaofu, and Rixin Building.

This building, nicknamed the "seven-level pagoda" by the folks, has a distinguished guest today.This distinguished guest did not visit each level, but directly went to the top floor accompanied by Gao Yushi.

The top floor of Rixin Building has a separate name called "Tianhanxuan".As the name suggests, this is the place where "Tianhan" is stored, which is the emperor's calligraphy.

Zhu Yijun is well-known for his calligraphy, and he likes to give calligraphy to his ministers. Among them, he is bestowed the most for high pragmatism. He has given a lot of large and small characters, calligraphy and statements, and almost filled the "Tianhanxuan".

Seeing that his calligraphy was well preserved, Zhu Yijun was also in a very happy mood, and he greeted Gao Wushi with a smile to walk to the edge of the hanging rail to climb up and look into the distance.

Zhu Yijun came here today to see the Rixin Building and Tianhanxuan, but he was just passing by. His real intention was to cover up the queen's secret visit to the doctor.

Queen Wang has not been pregnant since she gave birth to the eldest daughter of the emperor. This incident has caused a series of variables, and the biggest trouble is the dispute between the country and the country.Gao Wushi was unwilling to choose either Zhu Changluo or Zhu Changxun, so he always suggested that the queen should leave the palace quietly, and Li Shizhen would take the pulse in person.

The emperor himself agrees with this very much, but it is extremely rare for empresses to leave the palace in the Ming Dynasty. Apart from going to Tianshou Mountain with the emperor to pay homage to the previous emperors, even if there are one or two occasional cases, they just go home to visit their relatives. reason?
If this matter gets out, no matter what the queen is doing, and no matter how many people are present at the time, it is almost certain that this courtier will be sprayed bloody by the officials, and maybe even the queen herself. Can't avoid it.

Zhu Yijun discussed this with Gao Yushi many times, just to find an opportunity to perfectly hide the queen's whereabouts.

In fact, for Gao Yushi, it is not difficult to just quietly take the queen out to see a doctor. His difficulty lies in two points: one is that the queen has a high status, and he, the master, cannot be absent when she comes to Gao's mansion; She is a young woman, and she is very pragmatic and not an old official. If the emperor doesn't come along, then he, Gao Situ, must avoid suspicion.

Asking him to be there while asking him not to be there is a pain in the ass.Therefore, Gao Yushi had made up his mind long ago that this matter must be arranged so that the emperor travels and the queen follows quietly, which is the best of both worlds.

However, the emperor of the Ming Dynasty was no better than the emperor of the Qing Dynasty. It was almost a luxury to travel freely. Unless Zhu Yijun was willing to make his reputation as bad as Wu Zong, it would be difficult for him to find any suitable reason to slip out.

Especially in the Ming Dynasty, there was a strange tradition inherited from the Han Dynasty, that is, generally speaking, the emperor did not go to the home of the important minister, but usually only once, and there was only one situation: the old official was about to go west. , the emperor went to see him one last time to show his honor.

[Note: When Xu Jie's inverted arch was about to succeed, Gao Gong claimed to be seriously ill and asked to resign. This was the reason why Long Qing did not visit him in person at that time.Because Gao Gong only said that he was seriously ill, and the supervisor of ceremonies did not say that he was about to die of illness, so the emperor could not go casually, otherwise he would be suspected of killing the emperor's teacher. If this is not dead, everyone will be very embarrassed. 】

However, in this matter, Zhu Yijun also set a precedent, he has been to Gao Yushi's residence more than once.Fortunately, everyone knows the relationship between the two of them, which is a rare situation in history.

In addition, the important minister Gao Yushi is quite special - he is really too young, unlike the general ministers, who are all old gentlemen.So the emperor went as soon as he went, and it was impossible to ask Gao Pragmatic to commit suicide and thank you for that.

That being the case, Gao Yushi had to find a suitable reason for the emperor to come to his house.This reason is not easy to find, after all, the last time the emperor came here aboveboard was because he got married to someone, this kind of thing only happens once in life.

However, the completion of the Rixin Building can be used, because the Rixin Building itself has special significance.It is not only the reason for the high and pragmatic name, but also the first tall building in the capital, and even this tall building is suspected of "overlooking the harem".

Under such circumstances, it made sense for the emperor to go and see it in person, and it could even be interpreted by the outside world as a sign of scrutiny.In addition, the Rixin Building adopts a new construction method, which may be used in the renovation of the three halls in the future, and this method can also be used by the emperor to find a reasonable footnote for himself to leave the palace.

Therefore, today the emperor and empress came here in the open and in the dark, and the empress even accompanied her when she came to see the doctor—Princess Yongning accompanied her.

Of course, Gao Yushi and Zhu Yijun will not be by the side, Gao Yushi wants to take this opportunity to talk to the emperor about the "Ming Federal Reserve".

After listening to his description of the Ming Fed, Zhu Yijun thought for a while, and suddenly frowned: "In other words, the key to this Ming Fed is that it can decide the number of banknotes to issue by itself? Then I have to ask... Who does it belong to?"

This question is very "emperor", but Gao Yushi had expected it long ago, and replied: "It is an independent institution that should operate on its own. No one or any yamen directly manages it. But the emperor, the management is actually divided into two levels. One is daily Operation, that is, the part that Chen said no one is in charge of; the second is supervision, which cannot be entrusted to itself.”

Zhu Yijun relaxed a little, and nodded slightly: "This is your usual style, so tell me, who is in charge of this supervision? Let me remind you first, don't say that you are in charge of supervision.

It's not that I don't believe you, but according to what you said just now, the Federal Reserve Bank of Ming Dynasty must be set as a permanent rule.If so, how long can you supervise?Ten years and 20 years, or 30 years and 40 years?You can't live forever, can you? "

"The emperor turned evil into a minister." The word Wanshou Wujiang is too pragmatic to answer, so he immediately replied: "Actually, the minister means that the main contributors will form a board of supervisors to supervise the daily operation of the Federal Reserve Bank of Ming Dynasty."

"Which investors are there?" Zhu Yijun frowned slightly.

Gao Wushi smiled, and replied: "I am going to ask the emperor to take the lead."

Zhu Yijun was taken aback: "What do you mean, I'll take the lead... You mean I'll also contribute?"

"That's natural." Gao Wushi said calmly: "The Ming Fed can issue 'precious notes' on its own. What kind of power is this? The key to the stability of the value of the denomination is that the people can pay all kinds of taxes. The taxpayer, the state affairs, since it is the state affairs, how can there be no Tianjia participation?"

Zhu Yijun's face relaxed again, apparently satisfied with Gao's pragmatic attitude, but he frowned quickly and asked, "Then how much money should I invest in it? Oh, yes, how much do you invest?"

Gao Wushi pretended to be distressed, and said: "I asked the children of the family to do the math. They can make up 1000 million taels of cash by selling iron and pot... Even if there is a shortage elsewhere, I can't take care of it at this moment."

Although Gao Wushi's statement itself was not true, Zhu Yijun was still taken aback when he heard that he directly took out 1000 million taels of cash as a reserve: "You...you actually have so much cash?"

Gao Wushi smiled wryly and said, "This minister has estimated in advance, and then pooled it together from various places. Besides, the minister has been wearing the big hat of a golden master for more than ten years. If this little money can't be collected, then it will be a waste of money." It's a name for nothing."

There is some truth to this, Zhu Yijun settled down and accepted this statement.But he quickly put on a bitter face, and said in embarrassment: "Then... how much should I pay here?"

Gao Yushi was very blunt, and said directly: "In my opinion, it is best for the emperor to take as much as the internal funds."

"Ah, this..." Zhu Yijun was dumbfounded: "It's all pasted in, what should I do in the palace?"

Gao Wushi also seemed surprised, and said with a surprised face: "The palace uses the banknotes of the Ming Federal Reserve. Your Majesty, didn't I just say that this banknote is not that banknote, and the denomination is one or two treasury Pingyin, it is worth one or two stocks of Pingyin, and it will not be discounted.

The silver put into the Federal Reserve Bank of Ming Dynasty is just converted into banknotes for use, and the silver itself will not disappear—at most, it is just transferred from the treasury of domestic funds to the treasury of the Federal Reserve Bank of Ming Dynasty. "

"Oh..." Zhu Yijun felt relieved, thought for a while, and asked again: "Then how much do you plan to gather together this time?"

"At least 2000 million, preferably 3000 million." Gao Yushi replied.

"Why this amount?" Zhu Yijun asked, "I mean, is this money enough?"

"According to the economic scale of my Ming Dynasty, it is definitely not enough, or even far from enough. But the road needs to be taken step by step, and the food needs to be eaten at one bite. Right now, we mainly need to lay a foundation, establish a rule, and put the roots first. Here, it is not too late to grow hair slowly in the future. If you were greedy for everything from the beginning, would you really want to go bankrupt and do it?"

"Then what problems do you think can be solved after these two 3000 million yuan are put together?" Zhu Yijun asked again.

Gao Yushi replied: "It's not to solve specific problems. The key now is to establish a system and cultivate habits. If you have to talk about solving specific problems, let's use an analogy: this time we can pool 3000 million. The 3000 million reserve Put it here, even if you are more cautious, at least 4000 million treasure notes can be issued and the value of these treasure notes can be guaranteed..."

"If people don't believe me, why don't they come to you to exchange cash after taking the banknotes?" Zhu Yijun still seemed worried.

Gao Wushi said calmly: "Then exchange them, as much as you want."

Zhu Yijun was surprised and said, "Then the 3000 million we have all gone out? And you sent 4000 million, which is not enough!"

Gao Wushi smiled and said: "How could it be possible to go out? How much of the 4000 million is in our own hands? Jinghua alone has 1000 million. As long as Jinghua doesn't cash it, the minister can exchange as much as he comes? Besides ...Your majesty, do you want to demolish the platform of your minister?"

"Of course I won't..." Zhu Yijun waved his hand and said, "But what's the point of your doing this? Standing trees at the city gate?"

"Your Majesty is wise, the purpose of doing this is to erect trees at the gate of the city." Gao Wushi suddenly became serious: "As long as we survive this initial period of creation, I will give you a penny and a lot of money to anyone who comes to cash in the silver. They will believe that no matter how many treasures they have in their hands, they can cash out the silver from the Ming Fed at any time, so the status of the treasures will be stable."

Zhu Yijun digested Gao Yushi's words for a while, and then slowly asked: "I guess... you will expand the reserve fund in the future and issue more treasure notes at the same time. Is that what you mean?"

Gao Wushi nodded and said, "That's natural."

Zhu Yijun was surprised and said: "But where should the reserve fund that will be filled in in the future come from? If the Ming Fed itself does not have the ability to make profits, is it true that you, Jinghua, just keep throwing money into it?

Even if you touch stone into gold, it's not worthwhile to do so, right?Don’t talk about investing in it all the time, even if you don’t invest in the 1000 million taels now, how many things can you do, how many factories will be built, and how many mines will be opened! "

Gao Wushi smiled and said: "Based on this, it must be a loss at the beginning. But this is like a minister who wants to do maritime trade. At the beginning, he must build ships, recruit sailors, captains, and equip these ships. Cannons and guns are used to prevent pirates... But these investments cannot be said to mean that the minister has lost money, they are just necessary investments.

The same is true for the reserves of the Ming Federal Reserve. The minister invested so much money in it to establish the credit of the banknotes.As long as the credit is solid, and then start to over-issue according to the actual situation of the private economy, then every one or two over-issued is actually equivalent to a profit of one or two for the Ming Fed. How can this be a loss? "

Gao Yushi will definitely not talk to Zhu Yijun about the economic crisis or the like, such as a nationwide large-scale run on the country due to certain reasons. Zhu Yijun obviously did not think of this, because the premise of what Gao Yushi said just now is that the banknotes of the Ming Fed have already been sold. Credit is established.

He thought for a while, and accepted Gao Pragmatic's statement, but then thought of another question: "But if this is the case, as long as the credit of the treasure banknote is established, why should we continue to invest money in it and continue to increase the total amount of reserves?"

Gao Wushi smiled and explained: "This is a matter of development level. Because sometimes, even if the credit of the banknotes is established, we can't think that no one will exchange the silver. No matter those people come from Some reason needs cash, but there must be some,

In this case, as the Ming Federal Reserve gradually spreads across the country, we must always prepare more silver... To put it simply, a relatively safe ratio must be maintained between the reserve and the actual amount of banknotes issued.

Precious banknotes must be overissued, but the degree of overissue must be controlled. This control must have a standard as a law, which must not be violated at any time. The board of supervisors must always supervise whether this principle is properly implemented. "

Zhu Yijun gradually understood, nodded and said: "That is to say, if you invest 500 million taels of internal funds first, then in fact you have 700 million taels. Although this money is precious, it can be guaranteed to be useful. With the spread of the Federal Reserve, domestic funds can continue to be invested, and these investments can also expand...inflated with the ratio of oversupply, right?"

Gao Yushi nodded and said, "Yes, this is the early means of profit."

Zhu Yijun nodded slowly, thought for a while, then gritted his teeth and said, "Well, if you dare to sell everything, I don't dare to be an emperor. Although I am not rich in money, I have made up my mind, so I will take 500 million taels." Come out and put it in the Ming Fed for your operation!"
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(End of this chapter)