There is also Zhu Youjian above Yang Sichang, and this matter must be reported to Zhu Youjian.

This process is obviously not in line with the rules. Lin Chunhong was unwilling to cause trouble all over the city, and only hoped that Yang Sichang and Zhu Youjian would know that there was no memorial or other things. Yang Sichang also had this plan, so he took advantage of the opportunity when Zhu Youjian summoned him and handed the plan to Zhu Youjian.

This plan involves in-depth financial and monetary knowledge, without considerable economic common sense, and it is difficult to understand. Even Yang Sichang and Chen Qiyu were confused. Only after Fan Yongdou's detailed explanation did he understand.

Zhu Youjian obviously couldn't understand it, so he turned it into the profit sharing item.

The plan is very clear. The total amount of gold notes and big circles in circulation in the Ming Dynasty is about 1.75 billion yuan, and the amount of copper coins is very small, even less than 20 million yuan, totaling 1.77 billion yuan. According to previous experience, the transaction volume of the Ming Dynasty increased at a rate of 15% per year, and the additional money needed to be issued in Chongzhen in the twelve years is about 2.66 billion yuan.

The plan proposed that the principal rate is 40%, and Beijing will be divided into 5% of the profits, that is, Beijing only needs to take out 5.2 million yuan to get 13 million yuan silver notes. After a while, it is estimated that Beijing will get 7.8 million yuan in the 12th year of Chongzhen.

Zhu Youjian was very moved and could earn more than 7 million yuan a year. This is not a small amount. If the court had this money, its income would increase by one-third!

Looking at the stars in Zhu Youjian's eyes, Yang Sichang couldn't help but be surprised and lamented in his heart: How many people in the court, including the emperor, can understand the twists and turns in the issuance of coins?

Yang Sichang couldn't, so he had to grit his teeth and persuade: "Master, printing gold and silver notes is not always a matter of money. If a new institution decides that the principal rate will rise from 40% to 50%, if calculated based on the total currency volume of 2 billion yuan, 200 million yuan of real gold and silver will be needed as principal. If calculated based on the share of 5%, the court will have to take out 10 million yuan of real gold and silver."

Zhu Youjian asked incredible surprise

: "If a new institution talks, the court will give it half of its income?"

Zhu Youjian was furious and said angrily: "What's this matter! Lin Chunhong deliberately wanted to seize the power of the court?"

Yang Sichang felt that he was idiotic enough in his understanding of money, but he didn't expect that Zhu Youjian was even more idiotic than him, and he swayed each other from the two extremes. He only felt that his brainpower was not enough, so he said, "Master, this is not a simple matter of talking. The new institution should also determine the principal rate based on the actual situation of the Ming Dynasty and how much money was issued. Take the banknote bureau of the Ministry of Revenue for example. How many silver notes are printed will be determined by the court based on the actual situation."

Zhu Youjian then realized that the management committee of the newly established organization was the power organ that truly surpassed the court.

So, Zhu Youjian turned to the front again and focused on the operation and organizational rules of the management committee.

After watching for a long time, Zhu Youjian suddenly sneered: "The management committee of eleven people, Jingzhou has designated nine people, but the court can only designate two people to make his dream of spring and autumn!"

"This matter is not discussed!"

Zhu Youjian made a decision quickly.

...

After Yang Sichang left the palace, he ordered Fan Yongdou to inform Qian Bingding that the court did not agree with this plan.

Qian Bingding seemed to have expected all this and did not seem frustrated at all. Instead, he asked Fan Yongdou with striking remarks: "It is imperative to unify the right to issue money, and the Marquis of Jiangling has made up his mind. What terms are Beijing dissatisfied with? Please list them in detail."

How dare Fan Yongdou say that the court was taboo in Jingzhou to seize the power of the court? So he couldn't tell why.

Qian Bingding changed color and said, "If Beijing is really dissatisfied with the whole market, please introduce a new plan. We can talk about it based on the new plan. Now Beijing is not willing to talk about anything, so how is this the attitude to solve the problem?"

Fan Yongdou thought Qian Bingding was right in his heart, but he had no power to speak, so he had to speak carefully and comfort Qian Bingding. Immediately, he conveyed Qian Bingding's words to Yang Sichang.

After hearing the negotiations made by Beijing, Yang Sichang was moved and quickly called Chen Qiyu, Li Duoyi and others to discuss the matter together.

After much discussion, the four people all believed that for the Ming Dynasty, it was imperative to unify the issuance of money. The key question was whether it was dominated by the court or Jingzhou.

Chen Qiyu said: "Just judging from the issuance of money, Jingzhou is like a powerful man of Kong Wu. At most, the imperial court is a toddler. In such a situation, it is almost impossible for the imperial court to dominate. Since it cannot dominate, it is acceptable to be able to compete for more than 40% of the decision-making power. This official believes that it is better to take the opportunity to introduce a plan and compete with Jingzhou. Even if it fails in the end, it can comfort Lin Chunhong to a considerable extent, so as not to go to extremes."

Yang Sichang was silent for a while and said, "The emperor and the court officials are always inaccessible!"

Chen Qiyu thought for a long time, sighed and said, "Old Yang Ge's words are reasonable. As far as I see, this responsibility is not necessary for Mr. Yang Ge's responsibility. So I just submitted a memorial to make the Jingzhou plan public and muddle the water first. In the future, Lin Chunhong really wants to take revenge, but he cannot point the finger at Mr. Yang Ge's pressure. Mr. Yang is much less."

After Yang Sichang deduced it, he nodded and agreed.

After the "New Ming Bank Proposal" was submitted by the head of the Ministry of Revenue, the court suddenly fell into silence. The court officials discovered for the first time that there were still memorials that they could not understand, such as the Management Committee, the unified issuance right, and the principal rate, which made them confused.

In the future, gold and silver bills will be called Ming coins? What is Ming coins? Miscellaneous coins? Nonsense! It is both unpleasant, unlucky and unlucky!

Ming coins, Dayuan and copper coins constitute the circulating currency of the Ming Dynasty and can be exchanged freely with each other. The Ming Bank reserves enough gold and Dayuan. In an emergency, gold cannot enter the circulation field. Why can Dayuan circulate but gold cannot?

The Ming Bank is located in Jingzhou? Can it still be called the Ming Bank? It can be called Jingzhou Bank!

...

Since I couldn't understand it, how could it be implemented? So the court officials almost opposed this proposal. Yang Sichang's cabinet successfully signed a proposal and suggested that the memorial to set up a new Ming Bank was shelved.

Zhu Youjian also did not hesitate to approve the prize money on the vote.

Since then, Qian Bingding and the court have failed to communicate, and Qian Bingding set off and returned to Jingzhou.

Qian Bingding left Beijing on the first day of Chu Chu, and Yang Sichang and Chen Qiyu could think with their toes that a storm that would affect the whole country was coming.

Bangtai Money House has semicolons in Beijing, Linqing, Dezhou, Liaocheng, and Qinshui, Shuozhou and Datong in Shanxi. If Lin Chunhong wants to stir up the wind and rain in the north, he will inevitably start with these money houses. Therefore, these semicolons naturally attracted the attention of Yang Sichang.

At the same time, Yang Sichang also warned Zhu Youjian, who also ordered the East Factory and the Jinyiwei to focus on these semicolons.

Yang Sichang felt that his movements were already fast enough, but compared with the Bangtai Money Bank semicolon in Beijing, the movements were still much slower. Just the night Qian Bingding left Beijing, the movements of the semicolon had already begun.

Obviously, Qian Bingding expected all this and was ready for a currency war, and issued a war order when he left Beijing.

Beijing is almost a purely consumer city, and it relies on supply throughout the country. Even so, the huge population and frequent flow of people have made Beijing extremely prosperous and the flow of funds extremely frequently. Since Bangtai Money House set up a semicolon in Beijing, in order to avoid stimulating the court and leaving a face for the court, the semicolon acts extremely low-key and has been making a fortune.

In view of the irreconcilable contradictions between Jingzhou and the court, the senior officials and the people in Beijing were afraid that the court would ban the Beijing branch of the Bangtai Money Village overnight, and their business with the Beijing branch was limited to short-term transactions.

The information in the north is blocked, and there is no developed media like newspapers. The news is basically transmitted from person to person. Therefore, Jingzhou has raised the gold and silver exchange ratio, and most people in the north do not know it.

I don’t know whether it was intentional or unintentional, when Jingzhou adjusted the gold and silver exchange ratio, he forgot the seven major semicolons in the north. The gold and silver exchange ratio of the seven major semicolons was still ten to one.

On the night when Qian Bingding left Beijing, the Beijing semicolon erected a huge sign at the door of the store to inform the public that when the business is open tomorrow, there will be a big circle of 10:20 to exchange for one or two denominations of gold tickets.

As soon as the news spread, all the merchants and senior officials holding gold tickets were overjoyed. As the saying goes, sitting at home, the money in their hands suddenly increased by 2%. This kind of joy is hard to describe.

Some people are happy, and there are naturally some people next to them. After all, the appreciation of gold tickets, relatively speaking, silver tickets or big rounds are depreciating. People still understand this truth. At least, the shopkeeper in the store smiles happily after seeing the gold tickets. When they see the silver tickets or big rounds, their faces are covered with frost.

However, most wealthy businessmen and senior officials are still hesitating. Judging from the sudden appreciation of gold tickets, the future exchange ratio will not remain stable as before, and it is likely to rise or fall. They cannot understand the long-term trend and have to remain silent.

There are smart people everywhere. Although there are very few talents who are proficient in currency circulation, it does not mean that there are no one. They can see at a glance that gold tickets with gold as the principal will most likely appreciate. As for the concerns that the court may seal the Beijing branch of Bangtai Money House, it is purely redundant. After all, Bangtai Money House is everywhere, and the court has closed the Beijing branch, so it will not go to Jingzhou to exchange it?

Therefore, a very small number of wealthy merchants and senior officials exchanged all the silver notes and Dayuan's sons into gold notes.

Even though these wealthy businessmen and high-ranking officials were extremely hidden, they could not resist the close attention of those who were interested. The news quickly spread, and some wealthy businessmen and high-ranking officials began to be moved.

At this moment, some rumors suddenly appeared in the streets and alleys of Beijing: Since the large-scale opening of the sea in the seventh year of Chongzhen, the Ming Dynasty used the silk and porcelain at hand to exchange for a large amount of silver. The silver in the Ming Dynasty increased rapidly, and in the long run, it will continue to increase. However, gold has not increased much, and it is almost difficult to find traces of gold on the market. Therefore, in the long run, gold notes with gold as the principal will continue to appreciate!

The rumors have been circulating for many days. After careful consideration, the rich merchants and senior officials have thought about it carefully and the truth is indeed the case. So, the group of people exchanged all the silver notes on hand into Dayuan, and then pulled Dayuan to the Beijing semicolon of Bangtai Money House to exchange them into gold notes.
Chapter completed!