Inheriting the Song Dynasty

In 1127 AD, the Northern Song Dynasty fell. Immediately, the ninth imperial prince, Zhao Gou, ascended the throne in Shangqiu amidst widespread anticipation, inheriting the Song imperial line and r...

Chapter VII Debt

But that’s all.

By this point, both Zhao Jiu and the smart officials in the court have basically realized the problem.

This is not a question of patriotism or not. For a small number of dignitaries, this matter may also mean their status in Emperor Zhao's heart, and the distance between themselves and the emperor. But for everyone, including all the dignitaries, the root of the problem is that there is currently no safer means of saving than the emperor personally guaranteeing the national debt.

During the previous six years, wars had been constant. Not to mention the areas directly affected by the war, such as Hebei, Henan, Guanxi, and Jingdong, or the lower-class people who had lost almost everything, even the rich and powerful who had managed to avoid the war had their family wealth severely reduced.

Now that Zhao Jiu is guaranteeing his credibility in the name of the emperor, and the Ministry of Revenue is using the world's taxes as actual wealth guarantee, it is no wonder that these people are vying for it.

Of course, some of the credit should be attributed to the court and Emperor Zhao. If you think about it carefully, who would dare to believe that the two emperors who plundered the city's wealth for the Jin people during the Jingkang period were sitting behind the Xuande Tower? If the situation was still as shaky as during the Jingkang period, who would dare to buy it?

The victory in the war, the court's unwavering resolute attitude since its exile in Huaishang, and the long-term political stability were the basis behind the sudden emergence of this reasonable economic phenomenon.

It was precisely based on this consideration that Zhao Ding proposed expanding the scale and term of national debt and setting up a special share of national debt for officials; Zhang Jun proposed relaxing certain local restrictions and expanding the scope of sales to local areas; the Ministry of Revenue directly submitted a memorial, suggesting extending the term of national debt, lowering national debt interest rates, and other seemingly reasonable suggestions... all were rejected by Emperor Zhao.

Because Zhao Jiu felt that the current political and military foundation was still very fragile, it was not the time to engage in financial innovation, and no one knew where the strength of such things lay, so there was no need to force a test and thus end up making things worse.

Besides, he is too young and has enough time to institutionalize this thing properly.

Back to the present, after the national debt, the court had money, so some messy things were immediately put on the agenda.

For example, Emperor Zhao personally issued an edict, requiring the provincial capital to allocate money and grain, and then hold large-scale, institutionalized Cuju and Sumo competitions in Henan Province...Among them, Jingxibei Road and Jingdongxi Road were based on prefectures, states, and armies as the basic units; Kaifeng Prefecture, Huazhou, and the Henan part of Kaide Prefecture were based on counties; the imperial camp troops stationed in Henan were based on the commanding officers directly leading the troops, and each team would first hold an elimination tournament internally, and the final four teams selected would represent their respective units in late December, gather in Tokyo City, and compete in the final in front of the emperor in a round-robin points tournament.

It was obvious that Emperor Zhao wanted to share the joy with the people, and of course he also deliberately appeased Henan, the place that suffered the most from war.

But no matter what, the effect was immediate. The whole Henan area immediately became bustling. People who were in the slack season on farming, bringing their elderly and children, flocked to the city just to see the outcome.

At the same time, the literati also began to become active.

After all, Emperor Zhao had mentioned before the bond sale that he would hold another imperial college meeting... Not only that, this time, Emperor Zhao seemed to be even more advanced, as he actually raised many issues in the palace bulletin in advance.

From big issues like the strategy of destroying the Jin Dynasty to medium issues like whether a special institution should be set up for the issuance of Jiaozi and national debt, to small issues like the discussion on the coexistence of the Sanshe System and the imperial examination system, to tiny issues like whether a special Cuju league should be organized...almost everything was covered.

Doing this, on the one hand, heated up the topic and made the focus of the Imperial College's political discussions shift to these matters; on the other hand, it was equivalent to fishing in later generations...By bringing up these issues in the official newspapers, naturally countless officials would understand and write to discuss these matters, which would also make it convenient for Emperor Zhao to select people from the Imperial College to respond when the time comes.

"The government's tactics are becoming more and more sophisticated, and Hu's writing style is becoming more and more sophisticated."

As the twelfth lunar month approached, the clan gradually gathered together. A poetry gathering was being held in the back garden of the Prime Minister's Mansion, which was becoming more and more lively. However, although it was called a poetry gathering, it was inevitable to discuss the current affairs of the government. At this time, many Lu family members were quietly listening to a middle-aged man in his forties with a long and thin face sitting at the top, who was joking. "Throwing out the topic in advance, and watching the political discussion in the Imperial College a few days ago, it is the two Prime Ministers Zhao and Zhang fighting each other again..."

Just as he was speaking with great joy, there was suddenly a commotion in the front yard with chickens and dogs shouting and making a lot of noise, which frightened everyone in the backyard and made everyone frown... At this time, Prime Minister Lu was lying on the newly built kang in the mansion, and the Lu family members were participating in a poetry gathering in the backyard. Who dared to be so presumptuous?

However, in the Lu family's school of thought, Buddhism is almost second only to Confucianism. It emphasizes a casual nature, and many people even eat vegetarian food and take vows. So even if the noise in the front is getting louder and louder, the people behind just frowned and watched, and no one or two stood up to investigate.

Of course, there was no need to investigate. A moment later, all the Lu family children, relatives and friends saw Lu Haowen, who was dressed in home clothes, personally accompanying a very stylish young man in cotton military uniform along the corridor into the backyard. Behind this man and Lu Haowen were several burly men in cotton robes, including some civil servants and boys, and behind them were countless armored warriors holding swords... No need to ask, everyone knew who the leader was, and how the previous commotion had happened.

As a result, all the descendants, relatives and friends of the Lu family dared not be negligent anymore. They stood up hurriedly and stood aside.

My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!