I seek economic hegemony in the Three Kingdoms

Chapter 373 The Siphon Effect of Gangneung

After returning from the inspection, Li Heng did two things.

First, arrange for someone to write the "Lending Law", which stipulates that private loans must sign a contract and requires that the monthly interest rate on private loans cannot exceed 5 cents.

Five cents is the money bank's interest, but the money bank cannot give a loan to anyone.

Because part of the money in the money bank belongs to the court and part to the depositors.

Money banks must have risk control, such as collateral, asset evaluation, etc.

Risk control alone has blocked many people.

The private monthly interest rate is five cents, which is not low.

During the Tang Dynasty, the imperial court stipulated that the monthly interest rate on private loans could not exceed six cents.

The initial monthly interest rate of Datang's official public money was about eight to ten cents.

Private lending may have been around since the Zhou Dynasty. After all, the private sector had a need to borrow money.

Allowing small-amount loans to the private sector, with corresponding regulations and supervision, can effectively increase the activation rate of private funds and reduce the pressure on money banks.

"What the Prime Minister said makes sense." Jiang Wan said again.

If the government relaxes the loan targets, it will increase the official loan review process, further bloat administrative staff, reduce administrative efficiency, and in turn affect large loans that require money.

There are rumors that it is more than 200,000, but Li Heng thinks it is far more than that.

Changsha County is the richest place in southern Jingzhou, which can be seen from the area of ​​cultivated fields.

It is said that during the Eastern Han Dynasty, the population of Changsha County exceeded one million.

The difference between official loans and private loans lies in the issue of large and small amounts, that is, the reception targets are different.

According to Li Heng's official and private regulations, it is basically relatively reasonable.

"The Prime Minister is naturally not wrong. Paper money has many benefits. I have no objection."

"But the Prime Minister said that whether to make paper money and how much money to make need to be decided by the governors of each state based on the number of people. What do you think?"

But controlling loan interest may be something that has existed in all dynasties.

By the Three Kingdoms period, the population of Changsha County should be much larger than that of Nan County. Even Sun Wu himself didn't know the specific population.

If half of the population of Changsha County can be attracted, and half of the people of Jiangxia County can be attracted, it will not only greatly increase the strength of Nanjun, accelerate commercial production, but also weaken Sun Wu's western defense.

If it is really effective, Xiangyang County can also copy it, even build a military fortress in Xinye, and build industries directly in Xinye area to attract people.

The second is to ask Du Yu to quickly gather more businessmen and ask those businessmen from Changsha County to go to Changsha County to recruit people.

"Why?"

In a word: rob people!
On April 28, Chengdu, after Liu Chanzi carefully read Zhuge Liang's memorial, he asked Jiang Wan: "Jiang Qing, the Prime Minister is using paper money in Guanzhong to great effect. He hopes that Yizhou will also use it. What do you think?" Woolen cloth?"

I'm afraid there are at least 500,000 or more.

"Paper money is extremely involved and is related to people's livelihood, so we must be cautious."

"But this is the first time I have heard of this method that requires a vote by the governors of each state."

"Because paper money will be circulated to all states without distinction, and it will have an impact on each state, so it is reasonable to vote together." Liu Chan couldn't help but nodded, but he was muttering in his heart, then don't I have the right to decide?
Liu Chan, who was used to lying flat, didn't think much about it. Now that Guanzhong has been taken back, he should be happy.

"Then follow the Prime Minister's instructions." Liu Chan said, "However, I have recently heard that some people have criticized the general's actions. What does Jiang Qing think of this matter?"

"No matter what the general does, he always wants to help the Han Dynasty, and he has achieved great achievements. It is normal for some villains to be jealous of the general. Your Majesty does not need to pay attention to those gossips."

Liu Chan said: "But they said that if this continues, the prestige of the imperial court will weaken. Is it true?"

"If the Han Dynasty cannot help, Wang Ye can only settle in Yizhou, what is the prestige of the imperial court?"

Liu Chan nodded again.

Dong Yun on the side said: "Your Majesty, why should you care what those people say? The general is currently preparing affairs in Jingzhou. Now Cao Wei and Sun Wu want to re-divide Jingzhou. We should give him the greatest support and nothing else."

"It makes sense! Dong Qing, please contact the general and make sure that nothing happens in Jingzhou."

"Here."

By May, the wheat fields in Jingzhou have turned golden yellow. When the summer wind blows, waves of wheat roll in along the blue sky in the distance.

Farmers took their farm tools and went out early in the morning, humming a tune from nowhere and walking briskly along with the cicadas in the woods.

The dog and the child followed behind, while the old mother began to make thin threads for textile cloth at the door of the house.

Recently, many merchants in Jiangling City are collecting these thin threads in the countryside and then sending them to textile factories for weaving.

The sun had just risen, and to the east of Jiangling City, the soldiers had already lined up and started running in the morning.

The sound of neat footsteps made the ground thump.

During this period, Li Heng has been focusing on minting new currencies.

A batch of new copper coins have been produced, and money banks have begun to issue banknotes.

At the end of May, Huan Fan came to Li Heng and said: "So far, two million Wen coins have been exchanged, of which 1.6 million Wen coins have been deposited in the money bank. Currently, 3.5 million Wen coins have been issued." , The merchants we personally support now all use banknotes, and the amount is not enough and needs to be increased. "

"Then use two hands, one hand to mint a large amount of new copper coins, and the other hand to make a large amount of banknotes, and be ready to continue investing at any time."

"According to the current situation, the gap in banknotes is larger than we imagined." Huan Fan said, "The number of textile workers in the Weaving Department alone has reached a thousand, with a monthly salary of 300 Wen, a monthly salary of That’s 300,000 yuan. The same is true for logistics companies and iron smelting companies. Not counting road construction companies and money minting companies, as well as refined salt companies. I made a calculation and found that Jiangling government’s trading company pays 2 million yuan a month. Literary salary."

Two million Wen, in the monetary system of the Tang and Song Dynasties, was equivalent to 2000 Guan, which was actually not much.

You know, at the peak of the Song Dynasty, the national official salary was more than 200 million yuan a month.

Huan Fan continued: "Currently, the amount of money borrowed by private merchants exceeds three million yuan, and it is still increasing. Do you want to stop for a while?"

"No need, private trading companies are the mainstream of business. At present, the government has only recruited 6,000 people for employment. At least 50,000 people in Nan County can be separated from the fields and families. The government can support 10,000 people at most, and there are 40,000 more people. , all need to be supported by private trading companies.”

"With 50,000 people, each person can earn 300 yuan a month, and the workers' salary needs 15 million yuan a month. These are considered the expenses of the trading companies. The combined monthly income of all the trading companies in Nan County can reach 15 million yuan. Wen?"

"Of course, 50,000 people are equivalent to 50,000 households. On average, each household consumes 100 cash per month. To buy grain, cloth and salt, there are 5 million cash, and the rest is sold to Yizhou, Changsha, and Jiangxia. You can also go to Wuling to exchange animal skins and medicinal materials with the barbarians.”

"And there are currently a lot of people coming from Changsha County."

With that said, Li Heng looked at Du Yu.

Du Yu said: "In one month, more than 3,000 people came from Changsha, and I went to find out that the number of people is still increasing, and the increase is very fast. They all came quietly."

Huan Fan was quite surprised that those people could really leave their hometown for money!
(End of this chapter)