Chapter 397 Fill in

Silver notes are also a new type of ticket that the imperial court recently ordered the Ministry of Industry to make in order to facilitate the Ministry of Etiquette's maritime trade.

Unlike the Ming Dynasty, the Ming Dynasty's official currency was the designated currency.

Silver notes were simply initiated by the Ministry of Rites as a voucher for large overseas payments. In a sense, they could be regarded as bonds using silver as a guarantee.

Overseas merchants can use this to exchange the amount of Ming Dynasty treasure banknotes in various coastal cities, and then purchase silver privately to settle the payment.

Yes, you heard it right, not directly for silver, but for Ming Dynasty treasure banknotes.

After Zhu Houcong pacified the East China Sea, today's Ming court is faced with the billowing flow of silver into the Ming Dynasty. In order to avoid the silver shortage and economic collapse of the previous Ming court after the short-lived prosperity after Zhang Juzheng's reform.

The imperial court now forcibly equates Ming Dynasty banknotes with silver.

It is stipulated in the form of law that the purchasing power of Ming Dynasty banknotes of consistent denominations is equal to that of one tael of silver.

As the goods of the Ming Dynasty were sold overseas, the city of Beijing gathered many overseas missions and caravans from all over the world for tribute trade, and the imperial court had abundant financial resources.

With silver and goods as guarantee, plus Ming Ting's steel sword giant ship.

The Ming Dynasty banknotes, which were originally disliked by the people but had to be used, instantly became valuable.

Although under certain circumstances, Zhu Houcong was still repaying the previous Ming Dynasty emperors' military aggression, allowing local wealthy families to hoard gold and silver goods, buying low and selling high, causing the Ming Dynasty's finances to decline year by year, the market to be chaotic, and people's confidence in the Ming Dynasty treasure banknotes to be lost. .

But overall, our economy is now stable and improving! Steady and good!

Taking off is just around the corner!

The current prosperity has restored many people's confidence in this country.

Instead of thinking day and night about how to escape from this land that seems to be engulfed by natural disasters and human desires anytime and anywhere.

Apart from anything else, the current Ministry of Rites is indeed rich.

Yu Dayou thought in his heart.

No wonder the Ministry of Etiquette applied to the inner court for some imperial troops to board the ship as escorts last time they went to sea.

The Director of Ceremonies did not hesitate to select 200 people from the Imperial Guards of Tengxiang under the Royal Horse Supervisor to go to Luzon Island with the Ministry of Rites to discuss the silk trade with the Franji people.

Unlike in the past, when officials from various places complained to the government every month, saying that there were too many demons here, and asked the court to send more imperial troops to clear out the banditry, the ceremonial supervisor would either refuse to respond or repeatedly argue with the local officials.

The two are in stark contrast.

In the past, the ceremonial supervisor was perfunctory with local officials:

Local government: There are so many demons here that we can’t control them. They eat people every year. The court should send some forbidden soldiers to help us get rid of these evil spirits!

Superintendent of Ceremonies: The Imperial Court has limited soldiers. You should unite with the local powerful, and then ask Tianshi Dao or Nanzong to send you some monks and Taoists to deal with it. When the Imperial Court has free men, they will definitely help you. Yes, now that the court's funds are tight, I can only support you spiritually.

Local government: No! The local wealthy families are the same as them, and they don’t work hard at all! Our county government office is about to be taken over by those demons.

Supervisor of Ceremonies: ...

Supervisor of Ceremonies: Local health center? Where is Qin Tian Jian? What about Tianshi Dao? What about Zen? Help! Hello? Can you hear me?

Supervisor of Ceremonies: I beg you not to die in the imperial palace. That will make me look stupid in front of the emperor.

Local government: in——

Supervisor of Ceremonies: How about it? Do you want me to send the imperial army there?

Local government: It should be... no need. Let each local wealthy family donate some money and hire a few rangers from foreign enemies to cooperate with the guards to solve the problem.

Supervisor: Well done! Open your mouth! I'm starting to draw cakes for you! Local government: Hey! So good, can you help me reimburse the money for hiring rangers, recruiting monks and Taoists, and paying IOUs to local big families?

Local government: I am super! Can't read back!

Local government: I am the Supervisor of Ceremonies and supervise you****

It usually looks like this.

Now that the Ministry of Rites has obtained the money, the cabinet will usually allocate some funds to local governments as compensation afterwards.

Of course, it is a Ming Dynasty treasure note, and there are conditions.

It is hoped that the local government can urge their respective wealthy families to take the initiative to hand over their silver to the government and exchange it for Ming treasure banknotes or purchase imperial banknotes, supporting the call launched by the Ministry of Rites to "let Ming Dynasty treasure banknotes go to all countries".

By the way, large-denomination bonds issued by the imperial court such as silver notes were also promoted throughout the country.

It has been a year since the introduction of banknotes.

But this thing generally has nothing to do with ordinary people in the Ming Dynasty.

After all, no one can go out to eat with a hundred taels of silver notes in their pockets all day long, right?

In this way, the gold content of the banknotes directly given by the Ministry of Rites to the Forbidden Army is higher.

"Don't worry about the horse grass. During this period, many guards in the north said that the imperial court's actions made it impossible for the military depots in many places to buy horse grass of high quality and quantity in a timely manner. Many generals have already written to Mr. Wang Ge The letter complained and hoped that the imperial court would allow local health stations and officials to collect horse grass by themselves according to the old system. For this matter, Mr. Wang Ge specially ordered Wang Jinglong to go to various places with the imperial edict, read out the imperial edict, and urge various regions to follow the imperial edict. The policy completes this year’s horse grass acquisition.”

When Yan Song said this, he couldn't help but sigh.

He didn't notice at all that Yu Dayou and Xu Youbang, who were squatting next to Jingguan in front of him, had slightly weird expressions on their faces.

Zhu Houcong stood next to Yu Dayou, patting him on the shoulder where Yan Song couldn't see it in the Bagua Mirror, with a thoughtful expression.

Did the northern border generals jointly write a letter to Wang Qiong to complain?

It seems that there are quite a few people involved in the previous illegal sale of imperial horse grass for profit.

If it is said that the main executor and beneficiary of the imperial government's appropriation and the profit from the ordinary farmers who provided horse grass to the imperial court were the local government.

Then every year, "bandits", "Tatars" and other reasons were used to indicate that the horse grass in the bunker was used up, and the court was requested to allocate horse grass to make up for it.

As a result, the horse and grass piled up like mountains in the guard depots, and the guard posts in various border towns could not say enough.

Then, as soon as the horse grass allocated by the court arrives, it is immediately sold to the Mongolians and merchants from the Western Regions in the north, or it is sold cheaply to local wealthy families. Most of them are used by northern generals to support their own horse farms and train their adopted sons and servants.

By asking for horse grass from the court, gathering the court's wool was a rare thing for this group of civil servants and military generals in the north of the Ming Dynasty who were usually very difficult to deal with to unite together.

If it weren't for the fact that there were too many interest groups involved.

The preparations for a small policy of horse grass acquisition and restructuring did not start before Zhu Houcong came to the throne. As a result, Zhu Houcong has been on the throne for two and a half years, almost three years. As a result, the imperial court has sent censors to various places to personally supervise the officials in various places. The policy of purchasing horse grass from farmers is still not implemented.

The war in the north and the breakthrough of his seclusion are imminent.

Zhu Houcong no longer has the patience to wait for all parties to argue and come up with a policy acceptable to all parties.

(End of this chapter)

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