Outlaws of the Marsh

Chapter 364 Banks and banknotes (please subscribe!)

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Contrary to the cold reception received by Song envoys such as Cai You, Wang Fu, and Li Bangyan, Tai Xue, Han Shizhong and other generals and their families received a very warm reception.

Jin Fushi is a very capable official.

Long before Tai Xue, Han Shizhong and others arrived, Jin Fushi found Tang Long to build comfortable residences for Tai Xue, Han Shizhong and their families, and hired servants and maids for each of their families.

As soon as they received Tai Xue, Han Shizhong and their families, Jin Fushi and Li Cao's people sent them to their respective new homes in luxurious carriages, and then let their families have the first-class banquet prepared in advance , At the same time, 50 yuan banknotes were left for each household to let their servants and maids take their families out for a stroll.

During the two or three months when Cai You returned to China, Li Yan personally led the introduction of banknotes and banknotes.

In fact, Li Yan has been preparing for this matter for a long, long, long time.

It took nearly two years just for artisans to create banknotes that are difficult to imitate.

Moreover, Li Yan asked people to build more than 200 high-end and high-end money houses in the central areas of various prefectures, prefectures, and counties in his territory.

Moreover, Hu Cheng carefully selected [-] smart guys, and Li Yan and Hu Cheng trained them together. For this reason, Li Yan also specially "invented" Arabic numerals, multiplication and other formulas, which far exceeded the The things of this era, and Li Yan also racked his brains to write out all his knowledge of Qianzhuang (bank), and then asked his staff to edit it into teaching materials.

In addition, in order to issue banknotes, Li Yan asked people to mint all the gold and silver he had obtained over the years into gold coins and silver coins one after another. The front of the gold and silver coins all had the word "Yan" printed on them, and the back of them all had the characters "Shuibo Liangshan". words.

Therefore, this kind of gold and silver coins were gradually called Yancoins.

In fact, Li Yan originally wanted to print his profile picture on the coin, but the current technology does not support Li Yan's doing so at all, and gold and silver are soft, even if printed on it, it will slowly deform, and he cannot be seen clearly. Handsome.

Therefore, Li Yan finally gave up this tempting idea.

However, although Li Yan failed to print his face on the coin, he printed his face on the banknote—one yuan, with Li Yan's face on the front and a landscape painting of Liangshan in the water on the back.Five cents, with Li Yan's head on the front and a landscape painting of Jeju Island on the back.Two cents, with Li Yan's head on the front and a landscape painting of Seoul on the back.Wait... In short, all banknotes have Li Yan's head on the front.

The largest denomination of banknotes issued by Li Yan is one yuan, followed by five cents, two cents, one cent, five cents, two cents, and one cent, corresponding to Yiguan, five hundred coins, two hundred coins, one hundred coins, and fifty coins , twenty texts, ten texts.

That is to say, one gold coin equals ten silver coins equals ten guan ([-] Wen) equals ten yuan.

(The exchange ratio between gold and silver is not fixed, but changes with market changes. In other words, it is adjusted and changed with the amount of gold and silver on the market. At the beginning of issuance, it was According to the current ratio of gold and silver exchange in the Song Dynasty, it is tentatively determined, rounding it up is also convenient for promotion.)
However, the banknotes issued by Li Yan are only linked to the coins, that is, the gold and silver double standard system, and do not support the exchange of copper coins and iron coins, and are committed to replacing copper coins and iron coins with banknotes. Therefore, within Li Yan's sphere of influence, copper coins, The market for iron money will become smaller and smaller, and will eventually disappear completely.

(The first thing Li Yan wanted to implement was the gold standard system, and the second choice was the silver standard system, but Li Yan’s gold and silver were not enough, and Li Yan also knew that the gold and silver capitals of the Song Kingdom, including Liao, Jin, and Xixia Not so much. In this case, it is difficult to promote it on a large scale if only the gold standard or the silver standard is used alone. Therefore, Li Yan can only choose the gold and silver bistandard system that is not too stable, and gradually move to the gold standard in the future according to the situation. excessive control.

But then again, even though the gold and silver bimetallization system has problems such as relative instability and confusion, it also has its advantages—because it is a bimetallization system, the source of its monetary material can be either silver or gold, and the source is sufficient; Gold can be used for large-value transactions, and silver can be used for small-value transactions, which is flexible and convenient; the two kinds of currency materials can complement each other; it is more convenient to stabilize the exchange rate with other currencies, and it can be compared with the European countries where gold is the main currency. The country conducts gold coin trade, and can conduct silver coin trade with Asian countries whose main currency is silver. )
More than 200 banks in the four counties of Lelang, Zhenfan, Jeju, and Taiwan were listed on the same day, and they exchanged gold and silver coins for banknotes in public.

Seoul Zongzhuang replaced 100 million gold coins and 1000 million silver coins on the spot (equivalent to 2000 million guan.)
The scene of the appearance of 100 million gold coins and 1000 million silver coins cannot be described in words.

Plus be well prepared.

Coupled with Li Yan's good reputation.

The banknotes were successfully issued.

Of course, this kind of thing still needs the test of time, and it needs great talent to constantly correct it according to the situation.

In short, there is still a long way to go.

At this stage, there are three people who help Li Yan issue banks and banknotes, namely Jiang Jing, Hu Cheng and Li Ying.

However, Li Yan was not very at ease with the three of them—it was a bit reluctant to do this with the three of them's talents.

Later, when Li Yan was studying Jiaozi, he thought of a person——Zhao Kai.

(The Song Dynasty actually had banknotes for a long time, that is, the earliest banknotes in China, Jiaozi. However, Zhao Ji found that the printing of Jiaozi was quick, so he issued a large number of them. As a result, they could not be cashed, which led to the great depreciation of Jiaozi, and finally led to the decline of Jiaozi.)
Historically, Zhang Jun proclaimed Fuchuan and Shu through the Privy Council, and ordered Zhao Kai to be a transit envoy with the army, set up money introduction in Qinzhou, and cast copper coins in Xingzhou.

After that, Zhao Kai produced a large number of Qianyin (also a kind of banknote, which belongs to Jiaozi's successor), bringing the number of Qianyin to 190 million (guan), about 33 times more than the limit.

However, unlike Zhao Ji, although Zhao Kai issued a large number of banknotes, it did not cause inflation. Zhao Kai issued Qianyin in Sichuan and added silver silk as preparation for the issuance of Qianyin.Officials sell silver silk and allow people to buy silver silk with money.The people need to pay various taxes to the government, and Zhao Kai allows the people to pay with money.Therefore, the measures Zhao Kai took ensured the stability of Qian Yin's value.

From these methods, it is not difficult to see that Zhao Kai is a financial genius.

Moreover, Zhao Kai is also an expert in financial management, and has the reputation of "can transport department stores with one step, and help the three armies with one cough".

Historically, in order to support the Sichuan-Shanxi Anti-Golden War, Zhao Kai racked his brains. On the premise of not increasing the second agricultural tax levied on land and assets, he reformed the tea, wine, and salt laws, focusing on the three items of tea, salt, and wine. To collect money from income, with the taxation of tea, salt and wine as the pillar, Sichuan’s wartime financial system was established, and incentives for exhortations, money for additional service, money for military leaders, money for exempting rice and feet from expenses, money for increasing interest rates on salt and wine, etc. were established. The new taxation made the fiscal revenue in the early Southern Song Dynasty soar year after year, more than double that in the late Northern Song Dynasty, and the annual income reached more than [-] million yuan.

Li Yan believes that with Zhao Kai, a financial genius, and himself, a person with future knowledge, who will guard Zhao Kai and the others, banknotes can enter the stage of history early.

The benefits of issuing banknotes are numerous:

The first is convenience—because there is little gold and silver in China, copper coins or even iron coins are actually used as the main currency now, and this kind of currency is used for buying and selling. In many cases, it has to withstand tens of catties, or even hundreds of catties of currency It is too inconvenient to buy and sell, but with banknotes, this problem does not exist at all.

The second is to promote business development-only when the currency is convenient, the speed of business development will be fast.

Again, as long as the banknotes are issued well, Li Yan should not be short of money in the future. When you are short of money, you can issue more money, and buy them back when you have money. As long as you control the scale, there is no problem at all.

Therefore, Li Yancai told Cai You that Liu Kai and Zhao Kai were bound to win.

As for Han Shizhong, Wu Jie, Yang Yizhong and others, Li Yan did not dare to expose them. Instead, he used his eyeliner in various armies to recruit them together with more than 100 other low-level generals who performed well in the Song Army.

In this way, no one will know Li Yan's real purpose, and there will be no situation where weeding the seedlings will encourage them to grow.

Now, although Zong Ze, Li Gang and others are not needed to give the Northern Song Dynasty a chance to breathe, it may be Zhao Kai, Han Shizhong, Wu Jie, Yang Yizhong, Liu Qi and other great talents, Li Yan can already sleep in his sleep. Wake up laughing! ! !

……

(End of this chapter)