According to the preliminary organization, the Pili Army and the Shenji Army each have three musket battalions, one artillery battalion and one cavalry post, and the army has more than 6,500 troops.

Since the two armies were formed at the beginning of the year, half a year has passed. The coordinated training of the infantry and artillery of the Pili Army and the Shenji Army has become particularly skilled, and they have begun to work towards the coordinated development of infantry and cavalry.

After watching the infantry and cavalry confrontation exercise, Lin Chunhong watched the step-by-step confrontation and infantry artillery collaborative exercise. Lin Chunhong was quite satisfied with the results of the exercise and immediately issued a military order to transfer the two firearm army and the cavalry army to Fangcheng, and ordered the three armies to start practicing infantry and cavalry collaborative tactics.

Since the end of the Battle of Nanyang, the camp has been disbanded. In order to facilitate the coordination of the three armies, Lin Chunhong ordered the establishment of a new camp, with Sheng Kunshan as the commander and Cheng Shu as the general manager of the army, and ordered the two to go out of Fangcheng Pass in time to attack the bandits to test the training effect in actual combat.

At the beginning, Lin Chunhong ordered the formation of a musket army. Zhou Wang, Tian Chuyun and Lu Shiming were a little confused. They believed that the combat effectiveness of the Che and Infantry Army and the Cavalry Army in the Jingzhou Army is already quite impressive, and there is no need to create a useless firearm army at all.

Especially Zhou Wang, he persuaded Lin Chunhong with great thought: "The Chef and the Cavalry Army have been tested by war and are definitely more suitable for the current war mode. If you think that muskets have advantages, it is better to directly replace the crossbowmen of the Chef and Infantry Army with musketeers. Is it necessary to reorganize the two armies?"

Lin Chunhong blocked Zhou Wang's opinion in one sentence: "The application of firearms brings tactical innovation, not simply changing the steel crossbow in the hands of soldiers to muskets. No matter how advanced the weapons are, the tactics cannot keep up with them. There is no other possibility except to defeat the war."

However, with the gradual formation of the Firearms Army, Zhou Wang, Lu Shiming and Tian Chuyun gradually realized the benefits of the Firearms Army. Tian Chuyun had a particularly profound understanding of this. Tian Chuyun was in charge of logistics and was very sensitive to logistics. He found that the logistics supply category of the Firearms Army was simple, and the overall demand was far less than that of the Chef and Infantry Army, let alone the cavalry army.

Moreover, after watching the tactical exercises of the Firearms Army, Tian Chuyun estimated that in a fierce battle, a musketeer could fire up to fifty or sixty lead rounds. These ammunitions can be carried by musketeers, and there is no need to take crossbow arrows from the baggage truck from time to time like crossbowmen.

These will greatly reduce the logistics pressure of the Jingzhou Army.

Moreover, after experiencing the bill dispute, Jingzhou's collective financial pressure has become increasingly greater, and this advantage is particularly valuable.

Whether it was Zhang Daohan, Zheng Tiancheng, or even Zhu Zhiyu, they all made harsh remarks on the deterioration of the financial situation.

The deterioration of the fiscal situation is nothing more than a decrease in revenue and an increase in expenditure.

"Report to the general, since the beginning of the year, the cavalry and infantry have continued to expand. At present, there are twelve armies, with a total force of 80,000. After the Yangtze River Navy stopped looting, more than 10,000 sailors also enjoyed financial expenses. The navy ignored it. Now Zhang Zhao barely balanced his income and could not help. Including the manufacturing of weapons, the monthly expenditure was 630,000 yuan!"

Zhang Daohan seemed extremely anxious. Since Lin Chunhong returned to Jingzhou from Yidu, he has been constantly settled accounts for Lin Chunhong.

"These 630,000 yuan is still not surprising if there is no war. Once you have to fight, it will be no strange to increase the 300,000 yuan per month! And now our monthly income does not exceed 2.4 million yuan, and only military expenditures are almost one-third."

"The continued increase in military expenditure is only one aspect. Now Guo Mingyan is making great efforts in Jiangnan. The expenditure of large wharfs in Shanghai County and Hangzhou Prefecture alone exceeds 2.3 million yuan. In addition, the investment in the construction of warehouses in various prefectures in Jiangnan is not a small amount. Overall, it is impossible to defeat if there is no six million yuan."

"Also, the summer tax will be paid soon, more than 700,000 taels of silver, and this has to be prepared."

Zhang Daohan is telling the truth, but Lin Chunhong was unmoved at all. After all, whether it is the continuous increase in military expenditure or the large-scale investment and construction in Jiangnan, these are things that lay the foundation and cannot be retreated at all.

Zhang Daohan was still talking: "These are all aspects of expenditure. From the perspective of income, I think it is unlikely to exceed 2.4 million in the short term. In the past, notes were an important source of income, but now it is already quite good that the income of notes can catch up with half of the previous one. What's more, the principal rate of notes has dropped to a very dangerous situation. We need to raise a large amount of cash bank in the short term, which is even more stressful."

The decline in bill income was mainly due to the fact that after the bill dispute, most wealthy merchants in Jiangnan still had doubts about bills. When selling goods to Jingzhou Group, they refused to accept bills, resulting in a sharp decline in the issuance of bills. In addition, Jiangnan wealthy merchants and Shanxi merchants, one in the south and one in the north, established Renhe Money Bank and Yuanfeng Money Bank respectively, and also engaged in bill exchange business. With the extensive connections of Jiangnan wealthy merchants and Shanxi merchants and more or less support from local governments, these two money merchants showed aggressive momentum from the beginning and snatched a lot of business from Bangtai Money Bank.

Lin Chunhong couldn't help but interrupt Zhang Daohan and asked, "How is Qian Bingding and Phyllis going?"

Zhang Daohan found a document from the text folder at hand and handed it to Lin Chunhong, saying, "This is Qian Bingding's report. The situation is not optimistic. I'm afraid that this path will not work."

Lin Chunhong took the report and read it carefully, sighed: "I didn't expect to shoot myself in the foot. Li Duoyi and Fan Yongdou are good students, and they have learned our anti-counterfeiting measures so vigorously."

Zhang Daohan said in a very heavy tone: "So, in the short term, the income of bills is unlikely to increase, and there may be a decline."

Lin Chunhong frowned and thought for a long time, Fang said to Zhang Daohan: "Let Phyllis come up with a plan to see how much the monthly output of Dayuan and copper coins can be increased. In addition, Zhang Zhao, I will order that after the typhoon season passes, I will start to capture Manila immediately. As long as Manila is captured, the revenue of bills will increase significantly, and it should not be a problem to make up for the losses in Jiangnan."

"At the same time, Zhao Hehai, I will ask him to expand his scope of activities in order to increase his income. We have invested tens of millions of taels of silver in Guangdong, and it is time to feed back."

Zhang Daohan nodded silently, saluted and left Xinggong Tower.

After Zhang Daohan left, Lin Chunhong frowned and kept turning around, thinking about a way to break the situation.

Finance is the foundation. Once the finance deteriorates, no matter how good the strategic concept is, it will be a flower in the mirror and a moon in the water. Recently, Li Zicheng has shown signs of entering Sichuan, which is an excellent opportunity for Jingzhou Group to reach into Sichuan. If you miss the opportunity due to financial difficulties, Lin Chunhong may never be able to forgive himself.

Li Duoyi and Fan Yong fought together to handle bills. If the financial situation in Jingzhou did not affect the financial situation, Lin Chunhong could be completely able to wait. After the Military Information Department got the core secrets of the two companies, he would completely kill the two money houses. The key now is that Lin Chunhong could not afford to wait at all.

Should we let the gold ticket be released in advance?

As early as two years ago, Lin Chunhong made the feasibility of issuing Qian Bingding and Phyllis' fellowship notes, which is also one of Lin Chunhong's long-term layouts on the monetary system. The so-called gold notes, that is, using gold standard, is used to nominate the value of gold notes, which is very different from the current silver standard in the Ming Dynasty.

The reason why Lin Chunhong used the gold standard was not for the effort, but the strategy proposed by Lin Chunhong based on a large amount of data, combined with the experience of later generations, and after careful consideration. After all, later generations had always used the gold standard before the collapse of the Bretton Woods system. From this point of view, Lin Chunhong tended to be in one step and adopt the gold standard.

Moreover, Qian Bingding and Phyllis' research shows that since the Jiajing period, silver in the world flocked to the Ming Dynasty, which led to signs of inflation in the Ming Dynasty. However, since the Tianqi period, due to the sharp decline in the production of silver in Mexico and the measures taken by Spain to restrict trade, the amount of silver flowing into the Ming Dynasty decreased sharply. The Ming Dynasty was affected by this and fell into a deflation. Now the financial difficulties of the Ming Dynasty court are not affected by the world's silver production. It is hard to say that it has not been affected by the world's silver production.

Compared with silver, gold production is much more stable, with little value rising and falling, and it is more suitable as a standard metal than silver.

As for gold notes, they are closer to paper money in the modern sense than bills.

Apart from the strict anti-counterfeiting measures, gold notes do not correspond to the holder one by one like bills. For example, when a merchant holds a bill and exchanges silver, unless he is present, no one can exchange silver with this bill. In other words, bills do not have the function of circulating between people.

Therefore, once gold bills are popular in the world, it is far more convenient than bills. Many merchants will inevitably abandon bills and begin to rush for gold bills.

Therefore, in a short period of time, when Lin Chunhong could not use counterfeit methods to destroy Renhe and Yuanfeng, he used more advanced currency concepts to squeeze out the two money banks, which became the best choice.

However, Lin Chunhong has always been worried about the anti-counterfeiting of gold tickets and has always put the gold ticket plan on the shelves until now. In fact, for the counterfeiting of paper currency, this matter is absolutely inevitable. Even in modern society, the printing of paper currency is so advanced that there are still many counterfeit coins.

Lin Chunhong believes that as long as the forgery is controlled to an extremely low level, the negative impact can be ignored.

Moreover, Renhe and Yuanfeng Money House will never follow up on the concept of gold tickets. After all, Jingzhou Group has a strong security department and can launch a strong blow to the counterfeiting of gold tickets. This is the advantage of Jingzhou Group, and even the Ming Dynasty court may not be able to catch up.

"Zhang Jief, immediately send an order to Zheng Tiancheng, Qian Bingding and Phyllis come to see me..."
Chapter completed!