The third emperor of the Sui Dynasty

Chapter 123 New Money
Yecheng is sunny, the sky is as clear as washing, and the cool breeze blows to Chaotian Temple, which is very refreshing.

The stone platform in front of the temple!

The simple and honest dean of Tiangong, Yuwen Rutong, and several craftsmen rushed over, and said to them, "See your highness for humble positions, my lords."

Yang Tong smiled and said, "Dean Yuwen! Show everyone your achievements."

"Here!" Yuwen Rutong took out a small iron box from his bosom, and took out copper coins from it to everyone.

"Copper coins?"

"Now all kinds of coins are chaotic, private money, bad money, pod money are rampant, and even cloth money comes out. The consequence of the circulation of such bad money in the world is that the country's finances are corrupted, prices are rising day by day, and people's livelihood is difficult! We in Jizhou are better. , the folks in other places even have the original trading method of bartering. It can be seen that the credit of Sui Wuzhu has completely collapsed. At the beginning, I asked everyone to spend the coins in the big warehouses and banned outsiders from entering the country to do business. In order to implement the new currency system! After the establishment of the 'Tiangongyuan', new coins were made according to my design, and the coin casting process was improved. The coins cast by the new process are better and more beautiful!"

Yang Gongren looked at it and said, "Yanhuang Tongbao?"

Yang Tong nodded: "We are all descendants of Yanhuang, and this new coin is called Yanhuang Tongbao! The Tiangong Institute has made more than [-] improvements in craftsmanship, and this is how today's customized template is, and each coin is attached with The intricate craftsmanship, patterns, and styles can be said to be exclusive and secret, and it is definitely difficult for others to imitate, and this is not the ultimate style, and it will be improved in the future."

Improved more than 500 times and still need to improve?
Everyone breathed a sigh of relief, and they all looked at it seriously.

Yanhuang Tongbao has a heavy weight, round and exquisite handwriting, clear and beautiful style, the front characters are like regular script but not regular script, each stroke is like a knife, ax and chisel, majestic. It weighs one tael, and each string/hang/one thousand wen weighs six catties and four taels, which is heavier than the most popular Kaihuang five baht coin.

Yang Gongren took out ten coins and put them together, and found that all Yanhuang Tongbaos were equally exquisite in craftsmanship, with smooth and beautiful characters, and the pattern on the back of the money was also very clear.

Yang Tong said: "Generally speaking, 1 tael of gold = 10 taels of silver = 100 hanging copper coins, but gold and silver have always belonged to treasures and are not used for circulation, and even the imperial court strictly prohibits circulation. Unreasonable, because copper coins are too heavy. One sling of copper coins weighs 1 jins, and one hundred slings weighs 6.4 jins. Copper coins are simple and convenient, and are also conducive to large transactions. In view of this, in addition to copper coins, our Yanhuang Tongbao also has one or two gold coins and one or two silver coins."

Yang Shidao played with the more delicate gold and silver coins, weighed them, and said: "I was extremely short of copper in the Sui Dynasty, and the circulation of copper coins was not large enough to support the economic circulation of the entire country. This money and silver coins not only bring money to merchants It is convenient and can reduce the over-reliance on copper.”

"Do you agree with the circulation of these three types of Tongbao?"

"Agree."

"Gold and silver can't be banned, so it's better to issue them in the name of the country."

Everyone agreed.

Yang Tong said: "Since ancient times, when any kind of coin has been issued for a period of time, there will be private money, bad money, and fake money rushing into the market. If there is no legislation to prohibit it, it will be detrimental to the country after all... I read it! Come on Wei Shangshu remember."

An official immediately sent a pen, ink, paper and inkstone, and Wei Zheng wrote the pen.

"[-]. The right to mint money belongs to the state. No one or any organization is allowed to privately mint coins. Violators will confiscate their family property and punish the nine clans. If the emperor's relatives mint coins privately, they will be charged with treason... If there is a whistleblower, verify that there is For this matter, a reward of one thousand pieces of money..."

Cut off the source of bad money and counterfeit money from the source.

"Second, coins are sacred and inviolable. No one or any organization is allowed to melt Yanhuang Tongbao to make other things. Violators will confiscate their property and punish the three clans... If there is a report, verify that it is true, and reward [-] pieces of money... "

Aristocratic families like to hoard property like this the most, and now they are setting up a national supervision. I don't believe that their servants and servants can withstand the temptation of five hundred coins.

"Three, the exchange rate of 1 gold coin = 10 silver coins = 100 copper coins is enforced in the territory. One Yanhuang Tongbao is worth two bad coins. The price and market will be circulated according to this. The ratio of [-] to [-] is exchanged for all private coins..."

"Fourth, set up checkpoints in border counties, border towns, ports, and wharves. All kinds of coins are prohibited from entering the country, but gold and silver are allowed!"

Yang Gongren said: "Dean Yuwen, can Yanhuang Tongbao eat all the old money in one go?"

Yuwen Rutong clasped his hands and said, "My lord, I have hoarded 800 million copper coins, 500 million silver coins, and one million gold coins. I don't have a big family in Jizhou and Bingzhou, even if I have a hundred times the old coins Redeem it all."

Yang Gongren said: "Since you are well prepared, let's cut the numbness quickly and cut it off at once."

Yang Tong said: "According to the rich and poor situation of each county, new money will be issued! Let the county magistrate pass through the village chiefs, and then the village chiefs will convey it to the people. The exchange point will be set up in the county government. Officials of the Ministry are responsible for the registration! One sling of new money must be returned to two slings of old money. This matter is supervised and handled by the Ministry of Officials, the Ministry of Civil Affairs, and the Ministry of Imperial Affairs.

"Here!" The chief officials of the four departments solemnly responded.

"This is the first batch of new money, which is very commemorative. Everyone will receive [-] gold coins, [-] silver coins, and [-] copper coins!"

"Thank you, Your Highness!" After the ministers bowed their hands and thanked each other, Yang Gongren said, "Your Highness, I think that the ratio of exchanging one Tong Bao for two old coins and bad coins is really high. Xiaoxiao, the exchange ratio is too high, and it won't serve as a warning... Take this opportunity to tell the counties and counties not to change the exchange ratio."

Yang Tong murmured: "I understand what you mean, but you can only gain if you give up. In the long run, the role of the new currency is immeasurable. A mere short-term profit is nothing. We replace the old with the new, and our original intention is to hope that people's lives It is getting better and better. If it is recycled at a ratio of one to three, four or five, the people's money will be worthless...the people will definitely complain. And as Dean Yuwen said, there are no big families under our rule. In addition, after taking charge of Jizhou, we have been using the authentic Kaihuang five baht to circulate, resulting in more than [-]% of the coins in the territory being Kaihuang five baht (pure copper, weighing half a coin), so after all, there is not much loss!"

"We have reformed Jizhou very thoroughly, and we can exchange all of them; but in Bingzhou, there are still some landlords and strongmen who refuse to leave, so we only accept old and bad coins from private retail investors, old coins from landlords and merchants. No bad money will be exchanged! These people have only two choices, one, get out of Bingzhou; two, unconditionally accept our system and arrangements, and take the initiative to hand in the old and bad money, if they don’t take the initiative to hand in, they will find out and directly search their homes... Anyway, it’s just a sentence, if you don’t obey, you can be subdued. If you dare to rebel, then bear the consequences of rebellion! I bear the consequences of rebelling against landlords, powerful and businessmen, but they can’t bear the end of rebellion, and I still hope for them head to match the new currency policy."

These words only made everyone feel terrified and laughed wryly. They didn't know how much hatred His Highness had with the powerful family, and they didn't know where the resentment came from.

However, it doesn't matter!

Anyway, Bingzhou was almost smashed, and after it was recovered, it was cleaned again, and it was beaten and cleaned again, but it didn't rot much.

If you think about it, you don't talk anymore.

(End of this chapter)