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Chapter 610 Daming Bank

On the 20th day of the 11th year of Chongzhen, the Yangtze River Navy's drill on the water surface near Yangzhou officially began. Li Mengshen ordered that all ships must not approach the Yangzhou section canal.

The connection between the south of the Yangtze River and the north was interrupted. Occasionally, the number of goods transported to Gaoyou was pitifully small, which was completely incomparable to weekdays.

The merchants' reaction was the most keen. After hearing that the Yangzhou Canal was interrupted, they relied on the inventory at hand, either raising prices or hoarding, and the northern market fell into chaos.

Among them, the worst one is Beijing.

In other cities, either the population is small or most of the goods can be self-sufficient. After the Yangzhou Canal is interrupted, the impact is not large. Beijing has a population of nearly one million, and the daily food and goods consumed are enough to pile into a mountain, and almost half of them come from the south of the Yangtze River. When the Yangzhou Canal is interrupted, the whole Beijing suddenly fell into panic.

Last year, the Tartars invaded and the canal was interrupted for several months. At least Tianjin's sea route emergency was still available. However, the ships arriving at Tianjin Pier are now completely invisible.

Even rumors emerged on the market that when the sea boat entered the Bohai Sea, it was blocked by Zhou Linlao's fleet and could not get close to Tianjin at all!

Prices soared, people were panicked, and the market was depressed. Whether it was officials or the people, this was Beijing during the Chinese New Year.

Yang Sichang did not put the eggs in a basket. In addition to hoping that Jiangnan goods would cross Yangzhou by land, he also prepared some emergency measures. Among them, Fan Yongdou played a key role.

Yang Sichang ordered Fan Yongdou to prepare a large amount of manpower in advance to transport materials from Shanxi, Shandong and other places in northern Zhili to Beijing. Fan Yongdou took out twelve points of enthusiasm to do this. After all, when prices soared, what he could transport materials was several times the profit on weekdays.

In addition to Fan Yongdou, merchants from all over the country also took action and tried their best to transport materials to Beijing.

However, this is just a drop in the bucket for Beijing. Moreover, the material in Shandong, Shanxi and Northern Zhili is not abundant, and after the sudden transportation of material, prices also rose sharply.

The chaos in Beijing has gradually spread to the surrounding areas and is gradually expanding.

In the end, all merchants, including Fan Yongdou, found that they could no longer find anything that could be lucky!

Famine finally came to Beijing.

If there is no food in Beijing, the people will automatically evacuate to the countryside to reduce the pressure on food. However, if there is no food in the border, the consequences will be disastrous. Who can guarantee what those soldiers will do without enough food?

Yang Sichang looked forward to the south every day, hoping that the powerful people in Jiangnan would recognize the situation and transport materials to Gaoyou by land. At the same time, he was terrified and hoped that Lin Chunhong would not take risks and tear his face apart.

After several days of suffering, Yang Sichang finally waited for Du Yinxi, but also waited for bad news that he would never want to hear: Lin Chunhong sent archers to the countryside in Huzhou, and the men in Jiangnan were as if they were facing a great enemy, waiting for an opportunity to counterattack, and they had no energy to do any land transfer at all!

After informing this news, Du Yinxi, on the order of Shi Kefa, resigned to Yang Sichang and completely withdrew from the negotiations of the Ming Bank.

Yang Sichang was dizzy and almost fell to the ground. He even hoped that he would fall to the ground and never get up again.

However, he could not escape: at this moment, Zhu Youjian summoned him into the palace.

Yang Sichang knew in his heart that he would face Zhu Youjian's overwhelming anger. However, since things had come to this point, Yang Sichang couldn't take care of so much and forced himself to enter the palace.

When Zhu Youjian asked why Lin Chunhong suddenly cut off the Yangzhou section canal, Yang Sichang reported to Zhu Youjian one by one the negotiations on the Ming Bank.

Yang Sichang has been hiding these things from Zhu Youjian, which is also the main reason why Yang Sichang is preparing to bear Zhu Youjian's thunderous anger. The reason why Yang Sichang hides them from Zhu Youjian is mainly because he is worried that Zhu Youjian, an amateur, will intervene in the negotiations of the Ming Bank, and will ruin the matter of the Ming Bank, which will eventually attract Lin Chunhong's revenge.

Unexpectedly, Zhu Youjian did not intervene, and eventually attracted Lin Chunhong's revenge, which made the capital mess up.

After listening to the negotiations between the Ming Bank, Zhu Youjian was speechless and silent for a moment.

Zhu Youjian was silent, but Yang Sichang could not remain silent. He bowed to the ground for a long time and cried, "I am calm and dull, and I have to bear the entrustedness of the emperor. I want to return to my old age, so I would like to ask the emperor to be kind."

Yang Sichang thought that over the years, Zhu Youjian trusted him very much, obeyed his will and let him do it. However, he did not expect that the situation in the Ming Dynasty did not improve at all, but became more and more sinister. He felt sad and could not help but burst into tears.

Zhu Youjian comforted him: "It's not that you are dull, it's that Lin Chunhong is too cunning!"

Yang Sichang was in a state of excitement and could not speak: "My...My..."

Prosecutor Zhu You sighed and said, "It is not too bad that the imperial court can appoint the chairman of the Management Committee. Just do what Qian Bingding said. However, to join, the Ming Bank belongs to the Ministry of Revenue, adjusts the principal rate and how much Chinese currency is issued, such major events as major issues, must go through normal memorial procedures. In addition, the imperial court will grant officials and pay salaries."

When Yang Sichang heard this, he understood: Zhu Youjian hoped that the Ming Bank belonged to the court in reputation and was established by the court, and had nothing to do with Lin Chunhong. As for the process of ordinary memorials, it was just a form, and its function was only to declare to the outside world that the Ming Emperor was still in charge of everything in the empire.

Yang Sichang said in tears: "I am obeying the order."

...

Zhu You checked the tone, and the negotiations between Fan Yongdou and Qian Bingding accelerated the process.

After Qian Bingding passed the conditions of Zhu Youjian back to Jingzhou, Lin Chunhong directly sent Qian Bingding without saying a word: "It's feasible!"

After giving the order, Lin Chunhong summoned Zhang Daohan, Zheng Tiancheng and Phyllis to Xinggong Tower to discuss the matters of the Ming Bank.

"The negotiations between Qian Bingding and Fan Yongdou will end at most one month. If nothing unexpected happens, the Ming Bank will be in our hands for a long time. From then on, we will have the reputation of the central government whether it is issuing currency, adjusting principal, or changing the Ming Dynasty's financial policies."

Lin Chunhong smiled and informed the financial elites of Jingzhou or the entire Ming Dynasty of this good news.

Zhang Daohan quickly congratulated: "The governor is wise. If the governor had not been far-reaching in his consideration, we would not have taken this step."

Lin Chunhong enjoyed a flattery and said with a smile: "There are still many things in the future. The first thing is to unify the currency. Gold and silver bills must be exchanged into Huaxia coins in the future. Tiancheng, has the Huaxia currency version been completed?"

Zheng Tiancheng replied: "It has been prepared well. The denomination is divided into one circle, one corner, five minutes, two minutes, and one minute and five types."

The denomination setting sounds strange, which makes Lin Chunhong laugh. This circle is obviously just formed in order to correspond to the silver dollar. According to the algorithm of one yuan and one tael of silver, the purchasing power of one yuan is almost equivalent to more than one thousand yuan in later generations, and one cent is more than ten yuan.

Obviously, Zheng Tiancheng has never designed this denomination, considering the role of copper coins in payment of change.

"Good!" Lin Chunhong unintentionally changed this strange feeling, praised it, and then said: "Security line anti-counterfeiting technology is also used in it?"

Zheng Tiancheng said excitedly: "That's of course. The safety line is made of magnetic thin steel and is placed in a fixed position of Huaxia coins. It is clearly visible when facing the sun. At the same time, the Academy of Engineering specially designed a set of anti-counterfeiting discriminators. As long as the banknote is placed in a fixed position, the real or false can be easily known according to the size of the magnetic force."

Lin Chunhong was also excited and smiled and said, "It seems that the Academy of Engineering has found another good way to make money. The production of counterfeit currency identification instruments will inevitably be huge profits!"

All three of them laughed and said, "No?"

After laughing, Lin Chunhong continued: "After the Chinese currency is put into the market, the previous silver bills and gold bills will be gradually recycled. The exchange rate is naturally one yuan silver bill to one yuan Huaxia currency. The denomination of gold bills is one tael of gold, and ten yuan and two cents are exchanged. There is no need to discuss this. The next point is that in the future, Bangtai Money Bank will not have the power to issue currency and mint coins, which is no different from Yuanfeng Money Bank. Do you have any objections to this?"

It is also a desirable idea to divest the right to issue currency from Bangtai Money Bank, otherwise there would be no meaning to establish the Ming Central Bank. However, from now on, Jingzhou will not be able to enjoy the huge profits brought about by issuing currency, and this huge profit will inevitably be shared by the whole country.

Phyllis said regretfully: "It is basically impossible to solve financial difficulties by adjusting the principal rate in the future."

"Jingzhou has the heart to command the whole country, so naturally he cannot enjoy these benefits alone. This is the matter. Everyone must be tolerant of the world from now on. Otherwise, we are only worthy of living in a corner and cannot lead the whole country." Lin Chunhong said proudly.

As for this, Zhang Daohan and the other two naturally would not object.

Lin Chunhong continued: "There are two money banks below the Ming Bank. The ban on other people's money banks has been cancelled. In the future, if anyone wants to run a money bank, as long as there is enough gold and silver and pays a certain amount of reserves, he can issue a license. However, the Ming Bank's supervision of major money banks is a difficult problem. The Ming Bank has a long way to go..."

This is after the establishment of the Ming Bank. There is no need to rush to discuss the situation. So Lin Chunhong stopped just now and stopped talking.

Zheng Tiancheng then asked, "Who is the right choice for the ten members of the management committee?"

Lin Chunhong thought for a while and said, "Let's implement the plan strictly according to the plan. We don't break the rules. Phyllis and Peng Xin, please help me. The Ming Bank Law should be issued. If it is too late, it will inevitably be in chaos in the future. For example, if you propose to choose someone, it will be suspected of breaking the rules."

Zheng Tiancheng was criticized by Lin Chunhong and felt quite aggrieved. He defended: "I am worried that the members of the Management Committee who are generated according to the procedures will rebel or be out of our control."

Lin Chunhong said: "With the Ming Bank Law, members of the Management Committee dare not act recklessly. Even if these members of the Management Committee are assigned by the court, as long as he abides by the Ming Bank Law, they will not hurt us at all. Once he violates the Ming Bank Law and is not good for Jingzhou, the Security Department can still arrest him and be tried!"
Chapter completed!
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