Sailing and Conquest

I'll tell you all, this land is round and we can sail forward without looking back, never worrying about losing our way home—wealth and homestead lie straight ahead.

Fear no powerful enem...

Chapter 421 A Wise Person

"Fourth brother, do you have connections?"

"Let's exchange the money first, then we'll discuss things once we're out!"

While retail investors were out there figuring out where to make a little extra money, those in the VIP rooms were spending tens of thousands of dollars at a time.

"Steward Xu, are you exchanging for gold coins or silver coins this time?"

"Just like last time, 30% gold coins and 70% silver coins, and then all of them will be temporarily stored in your bank. But, manager... this must be kept secret!"

"Don't worry, Steward Xu. The first principle of Da Yuan Bank is to protect the privacy of our customers. Unless there is a deposit certificate, we will not disclose any information to anyone who comes to inquire!"

Steward Xu nodded in satisfaction. The Vice Minister of the household had said that we should take this opportunity to exchange these silver coins of varying quality. When there are more official coins on the market and everyone uses them for settlement, the exchange rate will definitely change. This Prince Heng is definitely not a philanthropist who will give you money!

If Qin Mo knew of Minister Xu's assertion, he would definitely think more highly of him. There are still many discerning people in Great Xia, but everyone is currently keeping a low profile and making money quietly, and no one is foolish enough to speak out.

But today, someone in the court made a foolish mistake and jumped out to impeach Qin Mo.

"Your Majesty, recently a large-scale private money exchange has been rampant in the capital, using its privately minted coins to exchange for official silver and copper coins. As a result, everyone in the capital only recognizes the private money exchanged for official silver and not the official silver. If this continues, where will the dignity of the court be? I urge Your Majesty to shut down the private money exchange and bring those involved in the illegal activities to justice!"

As the morning court session was about to end, Imperial Censor Cao Yang stepped forward and spoke eloquently, enumerating the harm caused by the money shops run by high-ranking officials.

In the past, if someone criticized a high-ranking official, a large number of civil servants would agree and second the criticism. After all, the high-ranking official was so wealthy, yet he was unwilling to share his profits with the bigwigs of the civil servant faction!

But today, the court was strangely silent, and no one came out to speak up for Cao Yang.

Emperor Zhaowu glanced at Cao Yang, the censor from the Chang Le Prince's faction, and coldly asked, "Da Yuan Money Shop? Has the Ministry of Revenue been aware of this matter?"

Minister of Revenue Qian Boyi stepped forward and reported: "Your Majesty, the Dayuan Money Shop is a business opened by His Highness Prince Heng. It has been registered with the Ministry of Revenue's Tax Office and has not committed any illegal acts so far."

"Lord Qian, that high-ranking official's money shop is collecting more than 100,000 taels of government silver every day. If this continues, will there still be government silver in your Ministry of Revenue's treasury? Are you suggesting that it all be converted into the high-ranking official's silver coins?"

Cao Yang became anxious upon hearing Qian Shangshu's words. As an imperial censor, he knew that money shops were under the jurisdiction of the Ministry of Revenue. If even the Minister of Revenue said that there was no problem with the money shops owned by high-ranking officials, then no matter how much a mere imperial censor tried to interfere, he couldn't possibly reach that far!

"Cao Yang, my Ministry of Revenue's treasury has loose silver and copper coins, and the privately minted coins of various vassal kings are countless. Why can't it have silver coins from high-ranking officials?"

"Lord Qian, you are mistaken. Which prince has ever privately minted millions of coins? And which prince would bring his privately minted coins to the capital to exchange them for official silver? Prince Heng's move must have a deeper meaning, Lord Qian, you must be wary!"

“Oh! My Ministry of Revenue still has a lot of privately minted coins from the princes. If Lord Cao is willing to exchange them with official silver, I would be more than happy to do so.” Qian Boyi retorted sarcastically to Cao Yang.

It was not illegal for princes to mint coins, but regardless of their moral character, their coin-minting quality was even worse than that of the Ministry of Revenue. The privately minted coins were unwanted items in the market, and in the end, they all ended up in the hands of the Ministry of Revenue.

As for who dumped it, need I say more? They're all people Qian Boyi can't afford to offend. Now that a fool like Qin Mo has finally come along to take over with his high-quality silver and copper coins, are you trying to cut off everyone's source of income or what?

"Alright, Prince Heng has the right to mint coins. If he forces others to exchange them, I will not let him off lightly. If the people exchange them voluntarily, then let them be!"

Emperor Zhaowu was too lazy to bother with such trivial matters. In his eyes, Qin Mo was indeed rich, but compared with the wealth of the entire Great Xia, it was nothing. The idea that the Great Xia should keep its wealth among its people was not just an empty phrase. How long could you continue a losing business?

Did Qin Mo lose money?

Of course not!

He was looking at the sample coins in front of him, asking Lin Ruoxi, whose eyes were shining.

"Ruoxi! Have you calculated the losses after remelting?"

"Your Highness, although there are some losses, Ximan has developed a new formula. The new coins are bright in color, have a moderate weight, and more importantly, are even more beautiful than those pure silver ones."

"Okay! Then let's speed up the trial production of a batch and put it on the market to see the reaction."