Hidden Dragon in Qing Dynasty

The food produced in the Jiangnan region was actually not enough to eat, because Jiangnan was the starting point of the Grand Canal. A large portion of the food here had to be sent to the capital, while the food of the North was too dependent on the Grand Canal.

They followed the Yangtze River upstream to the two lakes area, which was the true granary of Qing Kingdom. The rivers and lakes were densely packed and the land was fertile. Every year, the food produced here was transported via the Yangtze River to the south.

When the rice of the two lakes was mixed with the rice of Jiangnan, some of them would go north and leave some of them in Jiangnan for the locals to eat.

This model has been in place since the middle of the Ming dynasty, unless there was a war, any dynasty would have to rely heavily on this set of rules for the operation of grain.

Although the war had ended more than five years ago, the two lakes and Jiang-Nan region's food distribution system had not completely recovered. This had brought a huge business opportunity to Xiao Letian.

The weather in Nanyang was excellent for rice growing, and the land cost was low, so it was more suitable for large-scale production. This allowed Nanyang rice to have a strong market competition, and even with the cost of shipping at sea, the price would not be higher than the local rice in Jiangnan.

Furthermore, with Xiao Letian's great support, the sales system of the Ryukyu's grain merchants had already been deeply embedded in Jiangnan, and it had suppressed the impulse of the local grain merchants to raise their prices more than once. Right now, the price of the grain in Jiangnan was basically controlled by these Ryukyu's Chinese merchants.

In this economic crisis, the only thing that did not collapse was the price of food. Due to the stabilization of food prices, the lower class had a chance of survival and did not starve to death.

But the grain merchants are also very weak. They can only delay the collapse of the paper money, but they can't change the collapse of the situation. The decline in the purchasing power of paper money is an indisputable fact.

In the end, when the difference between the buying power of the paper money and the silver coin was more than double, Ryukyu could no longer sit still. Xiao Letian started to ask the various Chinese Big Merchant s to save the market, and Jiang Nan's opponent officially appeared.

Why did Xiao Letian want to activate those hidden treasure islands in the Pacific Ocean? One of the main reasons for the concentration of gold, silver, and jewelry was to be used as military expenses while the other was to prepare for the industrial investment in the Special Zone. The last important reason was to fight a currency credit defense war in Jiangnan.

The foreign Bankers s dropped their trump cards, the selfish merchants in Jiangnan followed suit and abandoned their trump cards. The small merchants and commoners frantically refused to use them, and the pressure from all three sides smashed onto the shoulders of Xiao Letian and the Chinese merchants.

"The more they throw at us, the more we eat! "We must stabilize the price on the red line of a silver two-circle note. No matter what, we must not let the bill become trash!"

"You all must remember, us Chinese will definitely win the final war, and the Russian Expeditionary Force will definitely lose! The credit of paper money will one day be restored to its original level! The savior of the heavens would be his savior! Save the market is not only loving our people, it is also a great opportunity for you to make a killing! "

"If you win the war, you will get double the profit. Why not do this? So, I beg you, even if you don't care about my, Xiao Letian's, face, or the money, you still won't give up! "

"Chinese merchants, your hard work and dedication will not be in vain. Consultation will definitely remember your contribution.

This was the speech Xiao Letian made to the upper echelons of the Chinese Shang during the secret banquet. At that time, countless people's tears filled their eyes and even sobbed until their voices were hoarse, expressing one after another that they would definitely not disappoint the Prime Minister.

When the tiresome Xiao Letian left the banquet, he once again warned them, "We must remember to defeat the greed in your hearts. I know that many of you are still greedy, but now that the bill has fallen to your waist, we can double our profits … There will definitely be someone who will try to make the paper money cheaper and then make a bigger profit! "

"If the purchasing power of paper money goes up to a third, won't you earn more? If it goes down to 20%, of course you'll be even more excited... But remember, merchants also have a sense of social responsibility! Please remember, your identities are not only merchants, but also a member of the Chinese race. In the future, you may even become a noble of the Chinese race! "

"Remember your responsibilities, and don't be so greedy. If the paper money really does crash, let those foreigners search for real property ahead of time. When those lands, mines, factories, workshops and shops all become foreign businesses! Then, wouldn't that little bit of greed of yours become a sin to sell their country? "

The heavy words struck fear into the hearts of the people, Xiao Letian immediately lifted the dark cover in the hearts of many people, causing all the merchants to understand, that this was a blatant threat, as long as anyone dared to do that, they would not be able to enter the position of nobility in their entire lives.

"Don't worry Prime Minister, we dare disobey!" Everyone bowed deeply to see the Prime Minister off.

All the Chinese merchants finally started to move out. Ships after ships of silver coins were being transferred to the Yangtze River Basin, and those Chinese merchants started to secretly exchange notes and silver coins. The citizens of Jiangnan suddenly realized that they could spend their money at any time now.

The two round bills were exchanged for a shiny silver coin, regardless of whether it was a Mexican eagle s or a Ryukyu Dragon-striated Silver Coin s, it was at least a real piece of silver. Placing it in his hand, his palm shone with a pure white light, he blew on the edge of the paper and quickly placed it beside his ear.

"Silver is still the best!" This is what you call money! I have learnt my lesson in this life. I don't need paper money anymore.

Although the second exchange was painful, it was better than not being able to spend it. The people who were wiping away their tears could only pinch their noses and accept it. Not only could paper money be exchanged for silver coins, it could also be used to exchange for grain.

One by one, the food ships moored in the Yangtze River began to boast. If you don't have anywhere to spend money, then come buy food. As much as you want.

The citizens were still fighting over the food at the beginning, but two days later, they found out that there were more and more food ships. The food supply had indeed been opened. Now, the people's hearts had calmed down once again. The Jiangnan currency and credit crisis had finally dawned.

It was a pity that Dawn had only lasted for a little longer, and the unreconciled Bankers s of Shanghai had retaliated. They had started to sell their money crazily in the market and a large amount of rumors had spread in Jiangnan, none of them were optimistic about Xiao Letian's battle.

The foreign devils knew that financial war was a war of confidence, and they did not know how to add fuel to the fire. The crazy foreign devils had poured 200 million yuan worth of paper money into Jiangnan within three days, and all the paper money they had was completely poured out.