The great hero of the Silk Road, starting from a farm farmer

Chapter 274: What does it mean when corrupt officials appear?
"Commander, the bank pledges [-]% of the silver, and Tongdui Commercial Bank will exchange [-]% of the money? And you have to pay interest to the deposit. I'm afraid this will cause big problems!" After learning about Song Yingkui's financial restructuring plan, the second uncle hurriedly ran He came to give his opinion. He felt that the risk of this plan was too high and it would easily lead to bad debts.

"So the supervision and review by the Executive Office are very important. If the supervision of banks is not strict, there will naturally be an overflow of banknotes. But if supervision is strong, this worry will disappear! Not everyone can open a bank. , both strict progress and strict management are required.

This year and next, the number of banks that will be approved and registered by the Executive Department will not exceed ten, including four government-owned banks, namely Wazhou Bank, Taoyang Bank, Wuying Bank and Tianshun Bank.From now on, no more than five banks will be reviewed and opened every year!
Tianshun Bank can open three to five branches in Yungu, and also set up two branches for external business in Liangzhou and Qinzhou.The other three banks do not approve the establishment of semicolons for the time being.Private banks are also not allowed to open semicolons at will!
After Tianshun Bank operates normally, future distribution of military resources and military pay will be temporarily handled by Tianshun Bank.The funds and salaries of government agencies at all levels below the administrative department must be distributed and settled through banks, and taxes are also paid through banks. As for which bank to choose, it is up to the administrative department and government agencies at all levels to decide. Currently, these matters are only allowed to be run by the government. The bank will handle it!
In addition, all banks in Yungu, regardless of whether they are public or private, must pay interest when depositing money. The interest must not be less than the base interest paid by Tongdui Bank when the bank deposits money to Tongdui merchants!The interest rate on money borrowed by banks cannot be higher than [-]%!When all banks undertake lending matters, they are based on the annual interest rate. The loan is real and the profit is real. Opportunistic methods such as nine outs and thirteen returns are not allowed!

Lending at high interest rates is strictly prohibited in Yungu. Private private lending is also based on annual interest, which cannot be higher than 1000%. The number of individual lenders cannot exceed five, the single amount cannot exceed 5000 silver dollars, and the total amount cannot exceed [-] silver dollars.If it exceeds the limit, it must be registered with the government!Anyone who violates this law, if the amount is relatively minor, will be fined with five years of hard labor, and the illegal loan funds will be confiscated!
If the amount exceeds [-] silver dollars, you will be fined with hard labor for life, all family property will be confiscated, and close relatives within three generations will not be allowed to work in any government-run institution in Yungu.Domestic pawnshops and other lending institutions similar to banks also need to register with the government and implement relevant laws!
Also, if someone lends money in gambling or other situations, regardless of the amount or interest rate, once verified, the person concerned will be directly sentenced to life-long hard labor, and the sentence will not be reduced! "

Song Yingkui, who runs a bank, feels that as long as regulatory measures are in place, strict implementation and strict management are in place, the risks are still controllable.The biggest hidden danger is private loan sharking!
Usury is definitely a cancer in economic activities. The hole must be blocked and it must not be allowed to survive.

In later generations, Song Yingkui once heard some irresponsible economic experts say that private lending is helpful to economic vitality and should be supported appropriately.However, the fact is that this thing definitely causes more disasters than good things.

As long as private lending increases in scale, it is impossible not to develop into loan sharking.The result of the prevalence of private lending is false economic prosperity, a pragmatic and unrealistic social atmosphere, and the real economy is deeply affected or even hollowed out.Relying on this thing to prosper the economy is just drinking poison to quench thirst. Even if the economy develops a little slower, it will not be able to give it room to survive.

"Kuiwa and the government offices are being managed by banks. I'm afraid this is putting the cart before the horse. In the end, the government offices are likely to be controlled by the banks. It's better to be cautious and don't be reckless!" Upon hearing this, the second uncle wanted to deal with the settlement and income and expenditure matters. Leave it to the bank to handle it, I can’t help but feel anxious!Isn't this a joke?Once this comes true, won’t governments at all levels become transparent?

"Uncle, the bank is just an agency for settling accounts and sending and receiving money. It is not responsible for the management! The money of the yamen at all levels is in the accounts, and the control power belongs entirely to the yamen. How can we say that it is putting the cart before the horse.

The purpose of letting the bank handle this matter is to prevent the government officials from handling real money as much as possible, so that the account transactions can be documented and corrected!The core of the government office is to manage things rather than manage money. Once you manage money and save money, you are really putting the cart before the horse!From now on, yamen at all levels should try their best to avoid using real money for settlement. This is also a way to prevent corruption and strengthen supervision of officials! "

Yungu is now large enough. Not counting the military and government-owned industries, there are more than 2000 people working for the government. If the military and government-owned industries are included, the number of people is more than [-].In such a huge system, it is impossible without corruption. Now, it is indeed time to strengthen supervision and improve the system. The first priority is to improve the financial system and squeeze out the soil where corruption exists as much as possible. At the very least, We must guard against direct embezzlement of financial funds!
"Now that we have talked about the supervision of officials, the Executive Office has begun to set up a branch of the Supervision Department directly under the command office to carry out inspections and inspections of government offices, government-owned industries, and the military at all levels! Check for officials who violate laws and disciplines, and are corrupt. Pull out some moths and rotten wood, uphold the official style and military style, and rectify the discipline. From the beginning, our Yungu military government has been running for seven or eight years, and it is time for corrupt officials to take advantage of the fact that the situation is not serious yet. , It’s better to rectify it!”

In the past, when the system was small, Song Yingkui could keep an eye on the stalls with a little effort.Now, the system is getting bigger and bigger, and it’s impossible not to set up a special agency!
At the beginning, it was neither realistic nor cost-effective to set up regulatory agencies step by step, and they would not play a practical role.Taking future generations as an example, the disciplinary institutions that truly exert actual effects are the disciplinary institutions at the provincial level and above. No matter how rectified the disciplinary institutions at the city and county level are, they are nothing more than decorations, doing work that makes big noise but makes little noise.

In a society based on human relationships, it is difficult for grassroots disciplinary institutions to escape the constraints of human relationships and peer rights.In this case, we might as well set up an inspection and supervision agency under our own direct control in the name of the Executive Office, and sift through all levels of yamen, military and government agencies, and pick out a group of bad apples to scare the monkeys!
When conditions are met in the future, the construction of the anti-corrosion system will be carried out.Doing this can not only save costs, but also improve efficiency!
Instead of pushing back on the bank's involvement in finance, an inspector was provoked.The second uncle returned to his office in great panic. He was so frightened by Song Yingkui's words that he broke into a cold sweat.

What do you mean it's time for corrupt officials to appear?According to this statement, the upcoming inspection department and the anti-corruption campaign will not be small.Officials at all levels in Yungu are afraid that they will suffer a lot, but they don’t know how wide the impact will be.What level will it eventually reach?The most important thing is whether it will affect you!

(End of this chapter)