Nanming: I can build wonders

Chapter 188 The Popular Divine Martial Tongbao
On December 25th of the first year of Shenwu, Johor was still fighting, but Chengtianfu ushered in a major event.

The Royal Bank of Daming, which was originally scheduled to open on the [-]th but was delayed due to the Johor War, finally opened on this day.

In the early days, Zhu Kezang planned to open in prosperous cities first, such as Chengtianfu City, Mingyan City, and Batavia City, and expand to more places after gradually stabilizing.

Banks are places where money is stored, and there is no doubt that there will be a lot of gold and silver, which will undoubtedly attract the thoughts of some desperadoes.

For the safety of the bank, the bank will be established next to the Jinyiwei offices in various places, and Jinyiwei will take care of it from time to time.

At the same time, the new Ming court issued an announcement that from now on, all citizens can go to the Royal Bank to exchange the new version of Dragon Coin and Shenwu Tongbao one-to-one. The Royal Bank of Daming will also open interest-bearing deposits and loans at the same time.

As soon as the announcement was issued, the people began to discuss it.

Because the news of the currency reform has been brewed by Zhu Kezang in the "Huangming Daily" in advance, the common people know that this new version of currency has banknotes!

"Hey, is your Majesty short of money? Why did you take such a stupid step?" An old man shook his head and sighed.

"Yeah, how about? Let's go to the government and ask if we can organize a private fundraising?" Another person also said.

Although the Daming Banknote has been abolished for 200 years, its notoriety still makes many people change their faces when they hear the word banknote.

So now that the new currency is issued, the first thing people think of is that His Majesty the Emperor has no money.

However, many people still remember the good that His Majesty the Emperor brought them.

No, thinking that His Majesty the Emperor is short of money, someone is planning to organize private fundraising.

"Go, go ask..."

Because of the existence of banknotes, very few people went to the bank to exchange dragon coins and Shenwu Tongbao on the first day of new currency issuance. Zhu Kezang had already expected such a result.

But what he didn't expect was that Chen Weiguo came to report that the common people thought that Daming had no money and were preparing to hold a private fundraising.

This made him cry a little.

Of course, he was very relieved, at least he hadn't heard of any dynasty whose people would spontaneously solicit donations from the court.

Of course, he doesn't need private donations. Now that maritime trade is becoming more and more frequent, Daming's products don't have to worry about selling. There are a lot of small money coming in. How can he care about the hard-earned money in the hands of ordinary people?

On the morning of the second day after the new currency was issued, there was still no one in front of the bank. Except for the occasional people who came to ask about interest-bearing deposits and people who exchanged Shenwu Tongbao, basically there was no one who exchanged dragon coins.

The people still use the old copper coins and scattered silver.

Nothing seems to have changed.

Of course, for ordinary people, they did not feel any changes. After all, His Majesty did not mandate the use of new coins, so after several days, some people have not even seen what the new coins look like. .

But another group of people is different.

As soon as the news of the establishment of the Daming Royal Bank by the imperial court spread, merchants and banks from all over the world undoubtedly paid the most attention.

Unlike ordinary people who wait and see, merchants from all over the world are a little bit moved, because the Shenwu Tongbao is the same as the Spanish silver dollar, and it is very delicate, obviously more valuable than the Spanish silver dollar.

In addition, the dragon coin is used as paper currency, but the merchant can see the difference between the dragon coin and the Daming banknote. The dragon coin is mortgaged, and it is an aluminum ingot that is more valuable than gold!
Banks in various places were a little panicked. After all, the so-called Daming Royal Bank that the imperial court was about to open was actually similar to their bank. They were worried that the imperial court would prohibit them from opening another bank.

Moreover, even if the imperial court did not prohibit them from opening a bank, they were still worried that their bank would be crushed by the imperial court. After all, they could not compete with the Ming court.

However, within the territory of the New Daming Empire, there were very few money houses. It was predictable that they would soon have to change careers, because they couldn't work for the Royal Bank of Ming Dynasty!
As time went by, under the lure of the government, many small traders took the lead in using Shenwu Tongbao and Dragon Coins, which led to more and more common people coming to exchange Shenwu Tongbao!

After all, bright white silver coins look more attractive than dark broken silver coins.

Anyway, it is free exchange, one tael for one tael, common people and small traders feel that they are not at a disadvantage, and this silver coin has another advantage that it is easy to calculate, which saves the trouble of weighing.

There will always be some weight disputes in weighing, and small traders and ordinary people are very troublesome.

Because small traders will exchange a large amount of silver coins, as well as a small amount of small denomination banknotes, which complement each other.

The silver coins and dragon coins have already marked their value, which is very convenient to use.

Especially small traders and big merchants found the convenience of silver coins after using them, and they were even more unwilling to use tattered silver coins.

The popularization of Shenwu Tongbao is being carried out at a speed that makes Zhu Kezang feel unbelievable.

The dragon coin is a little slower, and only small coins are warmly welcomed.

Zhu Kezang had guessed that Shenwu Tongbao would be very hot, so in order to ensure the supply, he prepared 500 million taels of silver coins in advance!

However, it took less than half a month for the five million taels of silver coins to be exchanged.

In order to supply the demand of the market, the Daming Mint has started to make silver coins with all its strength.

The Royal Steelworks also had to temporarily stop the production of weapons, and put all the productivity of the craftsmen on the minting machine.

After half a month of exchange, Zhu Kezang earned a lot of silver just because of the difference in silver prices. After deducting the cost, it was more than 100 million taels at a rough calculation!

Now, the guards don't have to worry about military expenses in the future.

Zhu Kezang couldn't help but sigh with emotion, this is too profitable!
It is no wonder that those who opened banks in later generations were all wealthy, and they could even be called wealthy.

While earning profits, Zhu Kezang also discovered the hidden dangers. What if the big merchants also discovered the profits from the coinage and started to fake Shenwu Tongbao?
This kind of privately created currency not only cannot be guaranteed in quality, but also affects the reputation of the Royal Bank. After all, there is a phenomenon in the money market called bad money driving out good money.

When ordinary people spend money, they must first spend the silver coins of poor quality in their hands, and then they will be willing to spend those silver coins of good quality.

This is human nature.

After a long time, the real Shenwu Tongbao will settle in the hands of the common people, and all the fake silver coins will be circulated in the market!
Fortunately, Shenwu Tongbao is very difficult to forge now.

However, just in case, Zhu Kezang still issued a warning decree, that is: Only the Royal Bank of Ming Dynasty can mint coins, and anyone else mints coins privately, once investigated and dealt with, the nine clans will be exterminated!
This imperial decree was publicly published in the "Huangming Daily", and basically anyone with a reputation could see the new Emperor's determination from it!
If someone crosses this bottom line, they will be hit hard by Jin Yiwei!

(End of this chapter)