Daming: The most ruthless tyrant in history

Chapter 558: Running trend (1)

An edict issued by the Ministry of Household Affairs involves the abolition of treasure banknotes and the use of treasure banknotes to offset small taxes. This matter soon caused an uproar in the government.

Without any warning, and without even the knowledge of the cabinet, the Ministry of Revenue issued such an edict. This is equivalent to the emperor bypassing the cabinet and directly issuing an order to the Ministry of Revenue. This has never happened before. !
This has not happened since the establishment of the Responsible Cabinet.

Compared with this matter, what is even more unacceptable is that the treasure banknotes can be used to offset the tax. On the surface, this is the court paying a corresponding price for its own mistakes.

But there are many impacts behind it. The key is that it has cut off many people's financial paths! !

The Ding tax must be paid with a lot of silver. How many benefits can be obtained from this? Now because treasure banknotes are to be abolished, treasure banknotes are used to offset it?
That’s not how things work!

After all, the Ming Dynasty treasure banknotes are of no use to the people at all. It can be said that they are too hard to wipe the butt.

It was precisely because of this incident that Bi Ziyan's situation in the government became bad, and some people even began to impeach Bi Ziyan.

This trend continues to spread and ferment.

However, Bi Ziyan didn't care about these matters at all. After he became the Minister of the Ministry of Revenue, he no longer cared about his reputation.

Being the Minister of the Ministry of Revenue is a job that offends people. If you don't offend people, the treasury will be completely ruined. What's more, the current central finance must be resolutely resolved to recover.

Compared with everything in the DPRK.

Against this background, Huahui Bank, a relatively unknown company, faced an important decision.

At the head office of Jinghua Huiyin No.

"The Shaofu will issue a batch of new coins in the near future. Our Huahui Bank maintains close business relationships with the Shaofu." Wang Sheng rolled up his robe sleeves, looked around at the people sitting in the hall, and said in a calm tone.

"So Huahui Bank will take out a batch of reserve gold and silver to redeem a batch of new coins with Shaofu Yousi. As for this batch of new coins, it will be used for maturing savings and principal and interest payments on maturing bonds."

"These are the new coins that the Shaofu will issue for circulation. You can take a look at them first. If you have any questions, you can tell them now."

This……

The shareholders of Huahui Bank who attended the meeting all showed surprise after hearing what Wang Sheng said. The issue of new coins issued by the Shaofu probably had nothing to do with them.

Yes.

In the past, Huahui Yinhao had frequent business with Shaofu Yousi, but they also spent real money. Now that there is an extra new coin, there is no need for Huahuiyinhao to get involved, right?

Qin Qingde, Zhang Guangyi, Li Zhizhong and others are all aware of the recent events in the DPRK. The Ministry of Household Affairs wants to abolish the treasure banknotes and use the treasure banknotes to offset the tax. Under this situation, the Shaofu Secretary quietly made an important decision. It’s hard not to think about issuing new currency for circulation.

This is clearly a vortex.

If the new coins issued and circulated by Shaofu's department are not widely recognized among the people, it will be equivalent to losing all the new coins that were exchanged with the Shaofu for the gold and silver.

With the development of Huahui Yinhao, semicolons have set foot in Beizhili, Liaodong, Shandong, Henan and other places. Although there are many places above where there are no semicolons yet, Huahuiyinhao has already established its prestige among the people. .

Just a long-distance exchange has attracted the attention of many people.

It is precisely this that makes those who hold Huahui Bank shares less courageous, especially those that involve their own interests.

"Uncle Guo, how should I price these new coins?" I don't know how long it took, but after seeing the new coins, a person in the crowd looked at Wang Sheng, with a worried look on his eyebrows, and said what he was thinking.

“Isn’t it clearly written on this new coin?”

Wang Sheng lifted his robe sleeves and pointed at the new coins and said: "If the price is one yuan, the target is one tael. One yuan gold coin is actually exchanged for one tael of gold, and five jiao gold coin is exchanged for half a tael of gold. In this way, And so on.”

"But it is impossible to use one or two full gold coins for this one-yuan gold coin." The man said: "Everyone familiar with gold knows that with this hardness, it is impossible to cast it with gold alone. , If you use such new currency to redeem the principal and interest of due savings, bonds, etc., I am afraid it will cause a lot of trouble. "

"Yes."

Another person followed closely and said: "The one-dollar silver coin is also in the same situation. With such texture and hardness, it is impossible to achieve it by casting pure silver alone."

It's exactly what His Majesty thought.

Looking at the people in front of him, Wang Sheng showed no change on the surface, but he sneered in his heart. As long as his own interests were involved, some people would be dissatisfied and some would have opinions.

But some of these people in front of them have forgotten that the benefits they are getting now are purely the favor of the emperor! !
"Open your eyes and take a good look!!"

Thinking of this, Wang Sheng slapped the table and shouted: "Who is embossed on these new coins? It is Emperor Taizu Gao!!! Since Shaofu Yousi has such a benchmark, it is not something we can criticize."

At this moment, everyone gathered in the hall lowered their heads.

Yes.

These new coins are embossed with the image of Emperor Taizu Gao, but no one knows how much adulteration there is.

Now they have to go to Sittwe Shaofu to mint these new coins with real gold and silver. Even if they pinch their noses and recognize them, what about the others?

They also come to the Huayin Bank to handle business with real money and silver. Now just because the Shaofu has a company to mint and issue a batch of new coins, do they have to bear the consequences?

"And one more thing."

Wang Sheng continued: "From now on, in branch offices across Beizhili, all foreign loan business will be issued with new coins minted by the Shaofu. Similarly, the interest and principal collected when due can be paid in full gold." Payment in silver can also be made in new currency. This matter must be decided as soon as possible and distributed to various locations. "

A word stirred up a thousand waves.

If you just take a batch of reserve gold and silver to exchange a batch of new coins with the Shaofu, then there may be a lot of trouble in this matter, but everything is still within control.

But what Wang Sheng said involved their own interests.

If this is really done, then their dividends from now on can only be settled in new currency. Isn't this taking away their interests out of thin air?

"Uncle Guo, is this too hasty?"

"Uncle Guo, when we established the Huahui Bank, we were strict about not speaking out."

"Uncle..."

Looking at the people in front of him, Wang Sheng sat quietly without saying a word. However, Wang Sheng had already thought in his heart that the supervision of Huahui Bank would be strengthened next. He wanted to see what happened during this period. , who will eat it inside and out! !

(End of this chapter)