Capital Datang

Chapter 453 Collecting the Right to Mint Coins

Before the silver coins were issued, the headquarters of Chang'an Datang Bank had already greeted the major commercial banks and associations in advance to let them know the practical value of the silver coins, and as long as anyone used the silver coins to make any transactions with them, they were not allowed to refuse to accept them.Otherwise, you will be sanctioned by the bank.

Speaking of which, Datang Bank is no longer what it was when it first started. The current bank has grown into a giant by attracting deposits. It is completed, and sometimes they have to borrow money from the bank, so generally speaking, very few people are willing to offend the bank, so they also fully cooperate with the issue of silver coins.

Qian Er also learned from the staff who issued the silver coins that this newly issued silver coin has a strong circulation, at least all major commercial banks and associations have recognized this silver coin.This news made him very excited. Combined with what Liu Shu told him before, there were not many silver coins issued in the first batch, so he can conclude that this kind of silver coins that are easy to use, highly circulated, and very rare only need one The release will definitely appreciate in value, so he wants to take this opportunity to make a small profit.

Qian Er is indeed a very shrewd businessman. From the information disclosed by the bank staff, he saw a good business opportunity.And the fact is just as he guessed, the silver coin was loved by many people as soon as it was issued, especially some rich people, they also need to bring some money with them when they usually go out, but the value of the copper coin is too small to be satisfied at all. Their needs, and although gold can also be used as money, the value is too high, and sometimes the other party has no way to give change.And even if you can find it, it will be a pile of copper coins.There's no way they can take it back.

It is precisely because of the popularity of silver coins, coupled with the scarcity of silver coins issued.Therefore, silver coins were highly speculated on the black market. Originally, a silver coin could only be exchanged for ten dollars in the bank, but the purchase price on the black market was two hundred coins per coin, which was a full 453% higher than the original price.Qian Er changed all the savings in the bank into coins, and there were a thousand coins in total. As a result, he made a full two hundred coins when he changed hands on the black market in a few days. This kind of earning speed is simply overwhelming. Trembling, even Qian Er considered whether he should change his career.Exclude the exchange of silver coins outside the bank.Capital Datang [-]

However, although this idea is very tempting, the shrewd Qian Er knows that this kind of thing is indispensable, and it is not a long-term solution. After all, the bank will definitely not let the price of silver coins rise like this for its own interests.

Qian Er's guess was right. In the next period of time, the bank began to issue silver coins continuously, although not many were issued each time.But the time interval is very short, which makes many people think that the amount of silver coins in the bank reserves is far more than what they guessed, so many people have doubts about the rising trend of silver coin prices.As a result, after nearly a year of silver coin issuance, the price of silver coins finally fell back to its usual normal level.

It's also worth mentioning that it came just three months after the silver coin was issued.Datang Bank began to issue gold coins of higher value again, and the exchange ratio of gold coins to silver coins was one to ten.That is to say, the value is ten consistent, although it is not used much in daily life.But it can be used for bulk goods transactions, and gold and silver are valuable in themselves, which also makes gold and silver coins much easier to promote than that kind of bearer bills.

The issuance of the two precious metal currencies greatly facilitated the circulation of goods in the Tang Dynasty and the lives of the common people. Anyone with a little brain would praise Li Yin for doing something that benefited the country and the people, but there is a saying in this world that good things take time , not everyone has any opinion on this matter.

"Your Majesty, minting coins is a major national event. How can we entrust it to a small bank? Your Highness, please take it back. The imperial court has its own laws. The power of minting coins must not be left in the hands of outsiders!" The old minister stood in the hall, admonishing Li Shimin impassionedly.

The right to mint coins in Datang has always been in the hands of the government, and the Ministry of Households has a special department to manage coin minting.However, Li Yin had already reported the matter to Li Shimin before issuing silver coins, and Li Shimin also considered that Li Yin did not want to mint copper coins, so he didn't care, and immediately agreed, but he did not expect that after the appearance of the new coins, it would cause great controversy. All the newspapers are scrambling to report on the repercussions. Li Shimin did not expect such a big impact, and it is too late to regret it.

In fact, the reason why Kong Yingda objected to this matter was not selfish, nor did he have any prejudice against Li Yin, but he believed that the right to mint coins was of great importance, but now it fell into the hands of Prince Li Yin. It will also have a major impact on Datang, and Li Yin is not the prince. If the other party holds great power, it will be a great wēixié to the future of Datang.

Li Shimin on the dragon chair was also smiling wryly. He didn't expect Li Yin to make this matter so big, and the response from the people to this matter was also extremely enthusiastic. Almost all of them praised Li Yin for the country and the people .But Li Shimin is also very clear that what Kong Yingda said is not unreasonable. According to the current form, gold and silver coins will definitely become important currencies other than copper coins. Their brothers might have some conflicts because of this matter.

Thinking of this, Li Shimin also sighed. As a father, he is also the emperor of the Tang Dynasty.He considers far more things than ordinary people, and it is also more long-term. In some matters, he even ignores family affection, and everything is considered from the interests of Datang.

Kong Yingda's words caused many courtiers to discuss. Although there are many people in the court who have friendship with Li Min, they all know that Kong Yingda's words are not unreasonable. It will definitely cause chaos.

"Your Majesty, what Master Kong said is justified, and the veteran also feels that the right to mint coins cannot be privately controlled." At this moment, Fang Xuanling, the prime minister of the Tang Dynasty, also stood up and agreed, but then his tone changed, and he said again, " However, His Majesty King Qi's minting of gold and silver coins was also promised by His Majesty himself, if it is withdrawn now, it will really damage His Majesty's majesty, so the old minister thought of a two-way strategy."

As soon as Fang Xuanling finished speaking, he immediately attracted countless gazes from the court, both admiring and admiring, thinking that Fang Xuanling was worthy of being the prime minister of the Tang Dynasty, and he had thought of a solution for both in such a short period of time.

"Oh, please tell me soon, the real estate minister!" Li Shimin also said with some overjoyed.He was also to blame for this incident. He never thought that the gold and silver coins would have such a big impact. As a result, he was very passive now, but he couldn't take back what he promised, so he didn't know how to deal with it for a while.

I saw Fang Xuanling said calmly: "My Majesty, the minting of coins is a major matter for the country, and it is indeed not easy to allow others, but now that the matter is a foregone conclusion, it is better to go along with the flow and grant the right to mint gold and silver coins to others." Bank, but there is a time limit, when the time expires, the imperial court has the right to take back the right to mint, so that the issuance of gold and silver coins can be promoted without compromising His Majesty's majesty."

Set a deadline?All the courtiers were taken aback for a moment, followed by a burst of remorse. Originally this was a very simple solution, but unfortunately they didn't think of it.And Li Shimin applauded loudly, and immediately agreed to Fang Xuanling's suggestion.But just as Fang Xuanling stepped back, his eyes suddenly turned to a young official standing behind, and when this official saw Fang Xuanling's gaze, he showed a faint smile, and at the same time He bowed slightly, as if he was giving a salute to Fang Xuanling.

"Young people are awesome!" Fang Xuanling said to himself in a low and imperceptible voice.The young official he was looking at was Li Yifu, a member of the patent department. Before going to court today, this small official but extremely important Yuan Wailang found him and offered him this two-way plan, which really made Fang feel better. Xuanling was taken aback, and at the same time took a higher look at Li Yifu.

As for Li Yifu who stood at the end, although his face was calm, he felt a little helpless in his heart. Although he came up with this two-way solution, with his current status, he couldn't say it in court at all, otherwise he would definitely offend him. Some people who are on good terms with King Qi.It is also worth mentioning that his method is actually helping Li Yin. After all, he knows very well that with the current circulation of gold and silver coins, Datang will never let the right to mint coins be in the hands of Li Yin, so instead of being caught by Da Tang Tang took it back, it would be better to delay the time and let His Royal Highness King Qi finish the coin minting.

The decision of the Great Tang Dynasty Hall soon reached Li Yin's ears, but after he knew about it, he didn't react too much. Anyway, his main idea was to adapt the currency to the current commercial development. He can issue gold and silver coins for a period of time. In addition, as long as the bank is still in his own hands, it doesn't really matter whether he has the right to mint coins, at least for him now.

In addition, the Tang court wants to master the casting of gold and silver coins, which is not a bad thing, because if they want to mint coins, they need a huge reserve of gold and silver. The officials of the Ministry have a headache about this matter.Capital Datang 453

However, Li Yin didn't intend to take a joke on this matter, but took advantage of this matter to make him think of a good way to use his strength. As long as this method is used well, it can solve a big problem he is facing. problem.

However, when Li Yin was thinking about how to use Datang to take back the right to mint coins to benefit himself, he was suddenly interrupted by a piece of good news, and when he heard the good news, the big stone that had been hanging in his heart was finally fell down. (To be continued.)

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