Chapter 360 Bank and banknotes
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In contrast to the cold reception of the envoys of the Song State such as Cai You, Wang Fu, Li Bangyan, etc., the Tai students, Han Shizhong and other generals and schools, as well as their families, were received with great enthusiasm.
Jin Fushi is a very capable official.
Long before the arrival of Tai Students and Han Shizhong and others, Jin Fushi found Tang Long to build comfortable accommodation for Tai Students and Han Shizhong and others, as well as their families, and hired servants and maids for their families.
As soon as they received Tai students, Han Shizhong and their families, Jin Fushi and Li Cao's men sent them to their new homes in luxury carriages, and then let their families eat the best banquet prepared in advance. At the same time, they left 100 yuan banknotes for each household to take their families and maids to go out for a walk.
During the two or three months after Cai You returned to China, Li Yan personally took charge of the money shop and banknotes.
In fact, Li Yan has been preparing for this matter for a long time.
It took nearly two years to let craftsmen create paper money that is difficult to imitate.
Moreover, Li Yan asked people to build more than 200 high-end, atmospheric and high-end money shops in the central areas of his own prefectures, prefectures and counties.
In addition, Hu Cheng carefully selected three thousand smart guys, and Li Yan and Hu Cheng trained them together. For this reason, Li Yan also deliberately "invented" Arabic numerals, multiplication and other things that were far beyond this era. Li Yan also racked his brains to write down everything he knew about the money bank (bank), and then let his subordinates edit it into textbooks.
In addition, in order to issue paper money, Li Yan asked someone to cast all the gold and silver he had obtained over the years into gold coins and silver coins. The front of the silver coins had the word "Yan" printed on it, and the back of the characters "Shuibo Liangshan".
Therefore, this kind of gold and silver coins are gradually called Yan coins.
In fact, Li Yan originally wanted to print his avatar on Yancoin, but the current technology does not support Li Yan doing this at all. Moreover, the gold and silver are soft, and even if they are printed, they will slowly deform and cannot see his handsome appearance.
So, Li Yan finally gave up this tempting idea.
However, although Li Yan failed to print his avatar on Yancoin, he printed his avatar on the banknotes for ten yuan. On the front is Li Yan's avatar, on the back is the landscape painting of Shuibo Liangshan. On the back is the landscape painting of Li Yan's avatar, on the back is the landscape painting of Jeju Island. On the back is the landscape painting of two yuan. On the front is Li Yan's avatar, on the back is the landscape painting of Seoul. And so on... In short, all the fronts of all the banknotes are Li Yan's avatar.
The maximum denomination of the banknotes issued by Li Yan is ten yuan, and the following are five yuan, two yuan, one yuan, five cents, two cents, one cent, corresponding to ten cents, five cents, one cents, five cents, five cents, two cents, two cents, one cents, one cents, one cents, one cents, one cents, one cents, one cents, one cents, fifty cents, twenty cents, and ten cents.
In other words, one gold coin is equal to ten silver coins, ten jin (10,000 liters) is equal to one hundred yuan banknotes.
However, the paper money issued by Li Yan is only linked to the Yan coins, that is, the gold and silver coin system, and does not support the exchange of copper coins and iron coins. It is also committed to replacing copper coins and iron coins with paper money. Therefore, within Li Yan's sphere of influence, the market for copper coins will become smaller and smaller, and will eventually disappear completely.
(Li Yan first wanted to implement the gold standard system, and the second choice was the silver standard system. However, Li Yan's gold and silver were not enough. Moreover, Li Yan also knew that the Song State, including the Liao State, the Jin State, and the Western Xia, did not have much gold and silver. In this case, if the single gold standard system or the single silver standard system was difficult to promote on a large scale, so Li Yan could only choose a gold and silver standard system that was not very stable, and then gradually went to the gold standard system according to the situation in the future.
But then again, even if the gold and silver replica system has relatively unstable and confusing problems, it also has its advantages. Since it is a replica, its source of monetary materials can be silver or gold, with sufficient sources; when large-scale transactions are required, gold can be used, and small-scale transactions can be used, which is flexible and convenient; the two currency materials can complement each other; it is more convenient to stabilize the exchange rate with other currencies, and can trade gold coins with European countries with gold as the main currency, and can trade silver coins with Asian countries with silver as the main currency.)
More than 200 bank houses in four counties in Lelang, Zhenfan, Jeju and Taiwan were listed on the same day, and exchanged paper money with gold and silver coins in public.
Seoul General Village replaced one million gold coins and ten million silver coins on the spot (equivalent to two million guan).
The scene of one million gold coins and ten million silver coins appearing cannot be described in words.
Plus well prepared.
Coupled with Li Yan's good reputation.
The banknotes were issued successfully.
Of course, this kind of thing will take time to test, and it also requires great efforts to continuously correct according to the situation.
Anyway, the road is still long.
At this stage, there are three people who help Li Yan issue money houses and paper money, namely Jiang Jing, Hu Cheng and Li Ying.
However, Li Yan was not very relieved about the three of them to do this with their talents, and it was a bit reluctant.
Later, when Li Yan was studying Jiaozi, he thought of a man named Zhao Kai.
(In fact, there were paper money in the Song Dynasty, which was the earliest paper money in China, Jiaozi. However, Zhao Ji found that Yin Jiaozi made money quickly, so he issued a large amount of additional money, but the result was that it could not be cashed out, resulting in a large depreciation of Jiaozi and eventually the decline of Jiaozi.)
Historically, Zhang Jun was appointed as the Privy Council to promote Sichuan and Shu, and ordered Zhao Kai to be the army's transfer envoy, set up a coin in Qinzhou, and cast copper coins in Xingzhou.
After that, Zhao Kai made a large amount of money citations (also a kind of paper currency, which belongs to Jiaozi's successor), so that the amount of money citations reached 41.9 million (spin), which exceeded the limit by about 33 times.
However, unlike Zhao Ji, although Zhao Kai issued a large number of paper money, it did not cause inflation. Zhao Kai issued money in Sichuan and added silver silk as a preparation for issuance of money. Officials sold silver silk and allowed the people to use money to buy silver silk. The people needed to pay various taxes to the government, and Zhao Kai allowed the people to use money to pay. Therefore, the measures taken by Zhao Kai ensured the stability of the value of money.
From these means, it is not difficult to see that Zhao Kai is a financial genius.
Moreover, Zhao Kai is also an expert in financial management, and has the reputation of "helping department stores with one step, and helping the three armies with one cough."
Historically, in order to support the anti-Jin War in Sichuan and Shaanxi, Zhao Kai racked his brains. Without increasing the agricultural taxes based on land and assets, he reformed the tea, wine and salt methods, and focused on making money on the three incomes of tea, salt and wine. With the tax on tea, salt and wine as the pillar, he established Sichuan's wartime financial system, created new taxes such as counseling and rewards, increasing wages, assisting military leaders, exempting money from paying money to move rice, and increasing interest rates of salt and wine. This led to the rapid increase of fiscal revenue in the early Southern Song Dynasty, more than doubled than in the late Northern Song Dynasty, with an annual income of more than 30 million yuan.
Li Yan believes that with Zhao Kai, a financial genius, and himself, a person with later experience, to check Zhao Kai and others, the banknotes can be put on the stage of history early.
And there are so many benefits of issuing paper notes:
First of all, it is convenient because there is little gold and silver in China, so now, copper coins or even iron coins are used as the main currency. When using this currency, it is often necessary to trade dozens of kilograms or even hundreds of kilograms of currency. It is too inconvenient, and using paper money does not have this problem at all.
Secondly, it can promote business development only when currency is convenient, business development will be faster.
Again, as long as the banknotes are issued well, Li Yan should not be short of money in the future. When he is short of money, he will send out more money. When he has money, he will buy it back. As long as he controls the scale, there is no problem at all.
Therefore, Li Yancai told Cai You that Liu Qi and Zhao Kai were bound to win.
As for Han Shizhong, Wu Jie, Yang Yizhong and others, Li Yan did not dare to expose it, but used his spies to put them in various armies to bring them together with more than 100 other low-level generals and officers from the Song army who performed well.
In this way, no one knows Li Yan's real purpose, and there will be no situation where the seedlings are forcibly growing.
Now, although Zong Ze was not coming, Li Gang and others gave the Northern Song Dynasty a chance to breathe. It might be that great talents such as Zhao Kai, Han Shizhong, Wu Jie, Yang Yizhong, Liu Qi, and Li Yan could already wake up from his sleep!!!
Chapter completed!