Santairiku Eiyuuki

Many of the nobles of the Lemurian Empire are in debt.

This isn't even such a rare story.

Because nobility entails a social duty to live in the corresponding house, to dress in the corresponding clothes, to hold the corresponding ceremonies, and to make the corresponding charities citizens, in order to preserve their faculties.

There will also be a need for landlord aristocrats to develop irrigation facilities to increase the productivity of their land.

You borrow money from merchants and other nobles when you need some pooled money.

Debt seems like a bad thing, but the problem is debt that can't be repaid, and basically there's no problem if it's as far as it can be repaid.

Lemurian aristocrats are able to pay interest on an ongoing basis because they earn a certain amount of income from salaries, land, etc.

From a merchant standpoint, I want to actively lend it to customers.

Now the problem is the debt that cannot be repaid.

Forty-six of the Pureblooded Long Ear Clan (High Elves) are in debt hell.

Assuming you want to sound their finances, you have to save them from that debt hell first.

"You have to issue a virtue decree first. If we do something about the debt, it won't start."

Galphis expressed his opinion to Elquille.

Though there are not many Galeanos families either, because they are in debt...... the intent to "I want our debt to be eliminated if possible" is clearly visible.

"It's a virtuous decree... hmm..."

virtue decree.

In other words, it is a write-off of debt.

However, if we did this, the merchants would be spared in the future, and vice versa, the aristocracy could be poor.

But it's impossible to pay the debt you've been accumulating on your own.

It's the clan's responsibility to have piled up so far...

It is also pathetic to push it off with a theory of self-responsibility, since it is not the responsibility of the contemporary Lord either.

"It's a little cumbersome, but I'd like to examine the case individually… to write it off to a certain extent, and to a certain extent mitigate it in the form of a shoulder replacement by the Julianos…"

There is an overpayment in debt.

In other words, it is a case where the repayment extends over too long a period of time, thus making the interest paid/payable too enormous.

The treatment of debt write-offs does not have a much greater impact on this.

Even from the side I lent it to, I already made enough money.

If it was nonetheless an amount that could not be repaid by personal means, the House of Julianos would have to take its place on the shoulder.

The trouble is that we have to handle more than hundreds of cases, including the division.

"Will my house be eligible?

"There's no way I know how much overpayment there is in your house."

Neither does Erkühl have a detailed picture of the Galeanos family's debt situation.

I just remember that it's the amount there.

"After that... I'll pay my salary in gold, something like that"

There are three kinds of aristocratic income.

One is monetary income, earned by holding official positions.

The other is income earned through land management, investment, etc.

Last given per house, salaries… is the income of wheat.

It used to be a wheat payment because the monetary economy was not pervasive.

That is what remains of tradition until now.

But wheat alone can increase or decrease your balance of payments as prices fluctuate...

This was partly a factor in the fall of the aristocracy.

"It's about salaries and locks, not quotas... what about changing them by the number of children?

"That's a good idea, Christos."

Pong, and Erkür slapped his hand.

A nobleman needs a proper upbringing to live as a nobleman, and a corresponding amount of gold to make him wear that upbringing.

Besides, if you're a girl, you have to get a dress, and a man a courtesy, too.

I would laugh if I wore the same clothes every year, so naturally I also need to replace them regularly.

Given that, it is a strange story that the salaries of a house with zero children and a house with more than three people are the same.

In the first place, the primary responsibility of the Saint 77 family is to have children, to support the long-eared (elf) population and to reproduce the ruling hierarchy.

A lot of children means that it meets its responsibilities.

"Then we'll be reduced..."

Galphis shrugged in a sigh.

My only daughter, Carolina, married Erkühl, so I currently have no children in the Galeanos family.

"You get the boy pregnant with Mary quickly. Minimum obligation up to two, contribution from three."

Well, both Galphis and Mary are still young as long-eared (elves), so I'm not worried enough.

"But the truth is, salaries and official earnings aren't enough, are they? If you don't have some source of income, you'll be in debt again."

"Yes, that's the biggest problem, Lucanos. By the way, your house was a success in that direction, right? What are you doing?

Elquille asks Lucanos.

The Lucarios family in Lucanos has considerable financial leeway.

That is also the context in which Elquille deposited Nia with Lucanos.

"We're land income, aren't we? It is mainly the production of wine, and then the local fare. For once, I'm in the loan business of my noble counterpart, but I didn't take interest, because I'm not returning it in the first place."

In the Lemurian Empire he is noble = landlord.

Land income thus becomes the main source of income for the aristocracy.

But there are two kinds of land income in a bite.

It is a land income and farm income.

Modern income lends land to smallholders, throws round ploughing of land to smallholders, and how to obtain the produce obtained from it.

Mainly wheat and barley are grown.

Farm income is a way for nobility to directly run a farm, farm the farmland by direct command of slaves and smallholders, and obtain produce from it.

Grapes, olives, etc., are mainly grown.

And...... it was the latter's farm income that separated the fate of a rich aristocrat like the Lucarios family from a debt-painted aristocrat.

Wheat and barley are susceptible to the weather and cannot be said to be pricey in the first place because everyone makes them.

Revenues often fall dramatically depending on the weather.

Therefore, the aristocracy, which relies solely on land income, became the feather of letting go of the land.

On the contrary, the aristocracy, which had its farm income as its main pillar, like the Lucarios, was strong in weather irregularities and did not miss the development of the monetary economy, thus succeeding, on the contrary, in increasing its assets.

"And Galphis and Christos, by the way?

Erkühr asks...

"We grow olives"

And, Galphis.

"My house is land income, salt fields and fishing rights."

And, Christos.

"Explorer, you're doing a lot of things."

Elquille nodded as impressed.

"But the fallen aristocrats won't even have as much land as the cat's forehead..."

Try farming now, I don't have the land to do it where I said.

But nobility will not be able to do business.

There's no way nobility can stand doing socio-ethically inferior commerce.

Well, I don't have the money to do business, so I can't either way.

"I can lend you the land or the money, but I don't think that's going to make it..."

If you start a business and are sure to succeed, everyone is starting a business.

They can fail, so they can fall back.

The same applies to land management.

Now, when this happens, it gets grand.

The four of us, yeah yeah. When we're roaring and thinking...... here's where Elquille comes up with it.

"Flashed"

Pong, and Erkür slapped his hand.

"You just have to wholesale the cotton, soy, rice, sugar, coffee, lemon and orange fields to the fallen aristocrats. What I did... I completely lost track of it."

To Elquille's words......

I see, and Galphis, Christos, and Lucanos hammered.

Though I want to spread certain agricultural products to the country… I do not raise peasants by distributing them to peasants and telling them to "grow them".

Because I don't know how to grow it, and I don't know if I can sell it if I grow it.

And the fact is, it won't sell at first.

Because no one understands its deliciousness and usefulness.

Thus, Erkühl had first allowed slaves and dwarfs to cultivate these crops on national soil and to monopolize them.

Because only the state can grow crops out of respect for its interests.

And little by little, spread the flavor, the name, to the common people...

Currently, he was finally entering the phase of spreading cultivation throughout the country.

When this happens, we don't need a farm owned by the state, no, it's more in the way.

If the private and state fight on the market, they will undoubtedly win by the difference in capital power, because then the private sector will not grow and will not spread to the country.

I mean, we need to sell off the farm somewhere.

Elquille came up with an idea to distribute those farms to the fallen aristocrats.

"There are no rivals because it's a new crop. Besides, cultivation itself is on track, so if you don't do something bad, you won't fail either. Later we will learn the know-how and the nobles will expand the farm on their own"

Naturally, I can't say for free.

But it would be nice if you could pay for the land in installments.

Why couldn't I have thought of such an easy thing?

After all, humans, Erkühl reflected deeply that there are things that we overlook.

"Well... let's just say that. The three of you will ask for guidance from the nobles. Lend him some money, if you can. Because you can also take interest."

"" "Yes!!

The three correct their posture and replied.