Doctor of the Great Song Dynasty: In the beginning, Li Qingzhao and Li Qingzhao made a private decis

Chapter 320 Royal Bank of the Song Dynasty
"Why is this?"

All the officials in the Manchu Dynasty were very puzzled by this situation. It was also a national debt and could be redeemed directly, and interest would be paid upon maturity.

However, the national bonds underwritten by doctors are extremely popular, while the national bonds underwritten by the Ministry of Civil Affairs are almost uninterested.

"This must be Fan Zheng who is causing trouble! Please ask the officials to make the decision for me!" In the court, Cai Jing angrily scolded Fan Zhengdao.

His proposal to pay debts with debts was rejected by Fan Zheng, and he was disgraced in front of the officials.

Now that he finally had the financial source of overseas trade and solved the problem of using debt to finance his debts, Cai Jing took the initiative to increase the issuance of treasury bonds from 700 million guan to 1000 million guan, figuring out Zhao Xu's mentality of wanting to compete for all the credit.

As expected by Cai Jing, Zhao Xu and Longyan were delighted after receiving the report, and happily agreed to the matter and greatly appreciated Cai Jing.

Cai Jing was secretly proud that it was the doctors who were underwriting the national debt anyway, and he easily won the emperor's heart.

However, he did not expect that Fan Zheng would directly give up his choice and was only willing to underwrite 700 million treasury bonds and hand over the remaining 300 million treasury bonds to the Ministry of Household Accounts for underwriting.

This important task naturally fell on Cai Jing. The dismal sales of Treasury bonds in the Ministry of Household Affairs immediately made Cai Jing lose face.

"Master Cai, please don't confuse right and wrong. The doctors and the Ministry of Household Affairs are selling national debt at the same time. Where to buy it is the people's choice. The people are unwilling to deal with the government, especially in terms of money! This is not instigated by Fan."

Fan Zheng saw the problem at a glance, that is, the people were unwilling to deal with the government, even if it seemed to be beneficial. This was a lesson learned by the people of all ages.

"People don't believe in the imperial court?" Zhao Xu frowned.

Fan Zheng smiled bitterly and said: "Most of the money in the hands of the common people is their lifeblood, and they are reluctant to take it out easily. But the ones who really have money and are willing to pursue profits are businessmen. The government has always tried its best to suppress businessmen, so businessmen naturally have a deep taboo against the government. .”

The Song Dynasty court has already had a precedent of issuing jiaozi indiscriminately. Jiaozi has repeatedly depreciated in value and is now almost like a piece of waste paper. Furthermore, everyone knows that the court has serious redundancy. If the national debt is like Jiaozi again in the future, I am afraid that before purchasing the national debt People will be unable to cry.

All the officials in the court looked embarrassed. After all, the Jiaozi business was originally running well, but due to their indiscriminate distribution of Jiaozi, the value of Jiaozi has been greatly depreciated, and many people have suffered heavy losses.

But now, instead of learning lessons, the imperial court has doubled the national debt to 1000 million yuan. How can this not make the well-informed wealthy people doubtful.

If you buy treasury bonds from a doctor's house, if you can't pay, there will be a doctor who can claim compensation. In addition, if the doctor's house is prosperous, you can continue to make profits and have the ability to pay compensation. It can be said to be double insurance.

If the government bonds purchased from the government cannot be repaid, then they will have no choice but to eat Coptis chinensis and be unwilling to deal with the court. After all, no one's money comes from the strong wind.

"The credibility of the imperial court is not as high as that of doctors!" All the officials in the court were filled with bitterness. Although they did not want to believe it, this was the fact.

"Since the doctor has such a good reputation, why not underwrite the remaining 300 million yuan." Lu Dafang stepped forward to persuade him.

After issuing national bonds, the Song Dynasty Court had sufficient funds and could do many more things.

In addition, with the continuous financial resources from the Maritime Silk Road, the court did not have to worry about thunderstorms in a short period of time. Lu Dafang was naturally happy to see the court have more money to do things.

Fan Zheng said helplessly: "It's not that the doctors are unwilling, but that the doctor's underwriting of 700 million guan is already the limit. Besides, even if the entire medical family is sold, it won't be worth 1000 million guan. If this continues, if the court doesn't have a thunderstorm, the doctors will fall. There was a thunderstorm first.”

"Furthermore, even if doctors can underwrite these 1000 million guan of treasury bonds, next year the court will issue 2000 million guan of treasury bonds. What about the year after next? Ten years from now, I am afraid it will be an astronomical figure, and doctors may not be able to bear this important task." Fan Zheng was helpless. road.

Seeing that Fan Zheng was unable to get in, everyone in the court suddenly fell into a dilemma.

Officials naturally knew the harm of issuing national debt, but they had already tasted the huge effect of national debt on the Song Dynasty, and naturally they were not willing to let it go.

"But there are ways to solve it!" Fan Zheng changed his words.

Suddenly, all the officials in the court looked at Fan Zheng with vigilant faces. Everyone knew that Fan Zheng was going to do something evil again.

When Fan Zheng saw this, he immediately looked dissatisfied and said, "What do you mean by this? If you don't believe Fan, then Fan won't say anything more."

Zhao Xu quickly comforted him: "Fan Aiqing, don't be anxious. Every time Fan Aiqing prescribes a prescription, the medicine will cure the disease. I am all ears."

"Of course!" The ministers also nodded.

At present, as long as Fan Zheng is willing to underwrite the national debt for the Song Dynasty, they don't care at all whether it is evil or not.

Fan Zheng nodded with satisfaction and said, "Why do you think people believe in doctors? Is it really because doctors have high medical ethics and save lives and heal the wounded?"

The ministers of the Manchu Dynasty looked at Fan Zheng in confusion.

"No!" Fan Zheng looked around and said proudly: "It's because the doctor can continue to make profits and has the ability to repay the money. If the doctor does not have the ability to repay the money, I am afraid that even the doctor's relatives will not trust the doctor."

The officials couldn't help but twitch their faces. Although what Fan Zheng said was rude, it told the reality.

"If the imperial court wants to continue to issue national debt, it must let the people show their ability to repay. In the future, let alone 1000 million guan, it will be tens of millions of guan. As long as the imperial court has enough ability to repay the money, the treasury bonds can also be sold. "Fan Zhengdao.

"The court's ability to repay money!"

To be honest, the annual taxes of the Song Dynasty were not large, and it was not a problem to pay back 1000 million yuan. However, every money had a use, and it was impossible for all of it to be used to pay off the national debt.

Fan Zheng said solemnly: "Since today's meeting is about money, Fan believes that the court can integrate the departments related to money in the court, such as the money making supervisor, Fei Qian, and Qingmiao money. These three items are all owned by the court." Cornucopia, maybe integrated into a whole new department.”

"You actually want to take advantage of the imperial court's lifeline!" Zhang Dun angrily scolded.

These three items are all very important sources of income for the imperial government, and they are all profitable businesses. In particular, the money-casting supervisor is the lifeblood of the imperial court and is related to the safety of the world.

Fan Zheng said solemnly: "If the imperial court wants to issue national bonds and borrow money from the people of the world, it must show sincerity, and these three items are related to money, from the casting of money, to transportation, to lending, and The capital is strong, and all are guaranteed to make profits without losing money. In this case, it is normal to issue government bonds in line with the trend. "

"Do you want the imperial court to run the bank?" Lu Dafang frowned and suddenly understood that Fan Zheng was planning to integrate the imperial court's money departments and build a large bank.

However, banks had a bad reputation in the Song Dynasty, and most of them were involved in loan sharking. Lu Dafang was naturally extremely resistant to this.

Fan Zheng shook his head and said: "Qianzhuang? No! Qianzhuang is too petty. This is led by the Song Dynasty court. Naturally, it is not comparable to private banks. How about calling it a bank."

"bank?"

The officials couldn't help but be stunned. In the Song Dynasty, there were guilds, and they were very large. Banks were not guilds that represented silver. Moreover, the currency of the Song Dynasty was mainly copper coins. However, in the Song Dynasty, silver was also on the market. Circulation is mostly large-scale transactions, and banks do sound more grand than banks.Everyone in the New Party nodded slightly. The New Party claimed that the people would not be given any wealth but the country would be fully utilized. Naturally, they had a lot of experience in financial management. The emergence of the bank really amazed them.

"Merely having money is not enough, and in order to increase the credibility of the bank, how about calling the bank the Royal Bank of the Song Dynasty?" Fan Zheng suggested again.

Since Wang Anshi's reform, the financial industry of the Song Dynasty has experienced abnormal development. However, various departments were like a piece of scattered sand. Coupled with the eagerness for quick success and quick gain, they eventually failed. However, Wang Anshi's reform was not without results. After Wang Anshi's reform, the time for the emergence of banks was ripe.

"Royal Bank of the Song Dynasty!"

Baiguan tasted it for a moment, and his eyes lit up.

The bank included Zhu Qian, Fei Qian, and Qing Miao Qian, the three major treasure troves of the Song Dynasty, and then named it the royal name, which immediately restored the lost credibility of the Song Dynasty court.

"Give it the name of the royal family!" Zhao Xu thought for a moment. In this way, the reputation of the royal family and the reputation of the bank will be tied together. It can be said that there are mixed benefits and disadvantages.

"Every loss must have a gain, and every gain must have a loss. If officials want to obtain national debt and money to develop their ambitions, how can they be unwilling to take responsibility?" Fan Zheng reminded.

Zhao Xu couldn't help but was shocked, nodded slightly and said: "Yes! Pass the order, integrate the money-casting supervisor, Fei Qian, Qingmiao Qian, name it the royal family, and establish the Royal Bank of the Song Dynasty. I swear in the name of the royal family that as long as the Song Dynasty One day, the Royal Bank will be repaid for every cent."

"The officials are wise!"

All the officials agreed that if it were in the past, the imperial court would definitely have opposed the integration of all departments related to money. However, in the face of the huge interests of the national debt, the Manchu ministers finally gave in.

"Wei Chen is willing to preside over the Royal Bank of the Song Dynasty! Help the official family achieve great success."

Cai Jing immediately seized the opportunity and said impatiently.

The hearts of everyone in the New Party are slightly stirred. Everyone knows that once the Royal Bank of the Song Dynasty is established, it will definitely be the money bag of the Song Dynasty court. Whoever controls the Royal Bank of the Song Dynasty will definitely take the initiative.

Naturally, everyone in the old party also understood this truth. Lu Dafang mocked at the moment: "Master Cai can't even underwrite 300 million treasury bonds, so how can he be in charge of the Royal Bank of the Song Dynasty? It's just an idiot's dream!"

"I am willing to recommend Mr. Yang Wei to Mr. Yang. Mr. Yang is an experienced leader of the country and abides by etiquette. He will definitely be able to use the Royal Bank of the Song Dynasty to restore the credibility of the Song Dynasty court."

Everyone in the old party recommended Yang Wei.

For a time, the old and new parties almost fought over the Royal Bank of the Song Dynasty and attacked each other.

"I recommend Fan Zheng to preside over the Royal Bank of the Song Dynasty!" Suddenly Fan Chunchun, the Minister of Rites, stepped forward solemnly.

In an instant, the old and new parties could not help but stagnate.

"No, Fan Taicheng is too young, and his official position is only the fifth rank. How can he preside over such an important task." Cai Jing objected angrily.

Yang Wei continued: "The Royal Bank of the Song Dynasty should be subordinate to the Ministry of Revenue, and Fan Chun, the minister of the Ministry of Revenue, is his fourth uncle, so he should avoid suspicion."

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

The old and new parties unanimously turned their guns and aimed at Fan Zheng and Fan Chunchuan's uncle and nephew.

Fan Chunchun said sternly: "Don't avoid relatives when promoting talents. It was Fan Zheng who proposed the national debt. It was Fan Taicheng who proposed the establishment of the Royal Bank of the Song Dynasty. Everyone knows that Fan Zheng is the best candidate to establish the Royal Bank of the Song Dynasty."

Zhao Xu couldn't help but nod. No matter from every point of view, Fan Zheng was indeed the best candidate.

"Furthermore, after this national debt incident, Wei Chen found that the people were very wary of the imperial court. If the Royal Bank of the Song Dynasty was placed under the jurisdiction of the Ministry of Accounts, it would not be helpful at all. Since the Royal Bank of the Song Dynasty bears the name of the royal family , I think that only by letting it be separated from the Ministry of Household Affairs and placed under the direct jurisdiction of the official family can the world trust it." Fan Chunchun gritted his teeth and said.

"What, you want to separate the Royal Bank of the Song Dynasty from the account department!"

Suddenly the entire court was in an uproar, looking at Fan Chunchuan in disbelief.

"Fan is absolutely crazy!"

The officials looked at Fan Chunli dissatisfied.

In order to pave the way for his nephew to take control of the Royal Bank of the Song Dynasty, he went so far as to take the Royal Bank of the Song Dynasty out of the control of hundreds of officials.

"The impeachment of Fan Chun by a minor official was for personal use and nepotism." Lu Dafang personally impeached Fan Chun, which immediately attracted the followers of the old and new parties.

Even the Ministry of Revenue is dissatisfied with Fan Chunchen. You must know that the money making supervisor, the flying money business, and the green crop money are the majority of the Ministry of Revenue, and now they have been easily given away by the Ministry of Revenue.

Fan Chunchun said without fear: "Wei Chen has no selfish motives. The Royal Bank of the Song Dynasty is responsible for raising money and making money, while the Account Department is responsible for spending money. Even if the business of casting money, flying money, and young crops money belongs to the Royal Bank, then The money earned will still be distributed by my household department. In this way, not only will the household department be free, but the money it handles every year will remain the same or even more. Why not do this."

Everyone in the household was speechless because what Fan Chunchuan said was true.

However, there are also hidden reasons that officials from the Ministry of Revenue cannot say. For example, the power of the Ministry of Revenue has been reduced, and the opportunities for secretly collecting benefits have been greatly reduced. Of course, these words cannot be put on the table.

"Fan Zheng's ability as a doctor is the best proof. With him in control of the Royal Bank, the Song Dynasty's finances will be greatly eased." Fan Chunchuan said directly.

The old and new parties fell silent immediately. From the bottom of their hearts, they naturally did not want Fan Zheng to hold such an important position. However, the Song Dynasty was very redundant and the financial crisis was always extremely urgent. However, Fan Zheng became a forensic doctor and made doctors prosperous. Everyone was sick. Medicine is enough to prove his ability to manage the world.

If Fan Zheng can solve the financial crisis of the Song Dynasty, it may not be impossible to let him take charge of the Royal Bank of the Song Dynasty.

"Fan Aiqing, are you willing to take on this important task!"

Zhao Xu finally nodded and looked at Fan Zheng aside.

Fan Zheng didn't want to wade into this muddy water, but when he saw the expectant look in Zhao Xu's eyes, he finally nodded helplessly.

"I obey the decree!" Fan Zheng said with cupped hands.

Zhao Xu was ambitious and wanted to achieve great things, but he was repeatedly constrained by the tight finances of the Song Dynasty. Once the Royal Bank of the Song Dynasty was prepared, the court would no longer have any obstacles to issuing treasury bonds. However, it is easy to issue treasury bonds, and it may be difficult to redeem them. Not that easy.

Coming from a later generation, he was familiar with various banking systems and was able to provide massive financial support for Zhao Xu's ambitions.

(End of this chapter)