Chapter 665 Pingzhou Bank
Pingzhou has issued another announcement!
The general idea is that Pingzhou will soon establish the Pingzhou Money House, which will issue a kind of treasure note that people can exchange for silver.
The exchange rate was one to one, that is, one tael of silver could be exchanged for ten yuan of treasure notes, one hundred coins could be exchanged for one yuan of treasure notes, ten coins could be exchanged for ten cents of treasure notes, and one coin could be exchanged for one cent of treasure notes.
Gold can also be exchanged. One tael of gold can be exchanged for ten ten-yuan banknotes.
The background images of these four kinds of treasure notes correspond to the map of Liaodong Academy, the map of Pingzhou government office, the map of Pingzhou sea area, and the map of Pingzhou mountains and rivers.
Pingzhou Baochao is very convenient to carry and trade, and is very friendly to merchants.
In order to encourage the common people to exchange and store money, Pingzhou Money House gave certain interest rewards for the deposited money.
Previously, money houses primarily helped depositors keep their money, or rather, charged interest based on the length of time the money was kept. For example, the Ji's Money House, also known as a bill exchange, primarily made money through foreign exchange transactions, with deposits made at location A and payments made at location B, similar to bank acceptances, also known as silver bills.
Ordinary people do not earn any interest when they deposit money in money houses.
This move by Pingzhou Money House was a pioneering one.
Hexi Village is a remote small village in Lelang County.
On this day, the door of Aunt Chang's house at the east end of the village was banging loudly.
"I'm coming!" Aunt Chang, who was washing dishes at home, went to open the door while wiping her hands.
When he opened the door, he found that the person who came was none other than his younger sister who had married to the next village, a very capable old lady.
"Why are you here?"
"Don't worry about why I'm here. I want to ask you, Chang Chunhua, have your family gone to the bank to exchange the treasure notes?"
"No," Aunt Chang replied. She always felt that this matter had nothing to do with her family. They were still used to using copper and silver coins...
"Hurry up! Exchange the silver for banknotes now and deposit them in the Pingzhou Bank. You'll get interest."
"Interest?"
"Yes..." Her sister talked to her about the interest and urged her to take the family's money to the money house.
"Hurry up, this silver won't lay eggs if you keep it at home." But if you put the silver in a money shop, it will lay eggs.
Similar situations are happening all over Pingzhou.
Rich families like Geng Yuan and Lan Bingcheng responded to the call early and exchanged their silver for Pingzhou Baochao. Some of these Baochao were deposited in money shops to earn interest, while some were kept for business.
They don't care what others do, they just follow Pingzhou's policies.
When people from several large chambers of commerce and alliances meet, they inevitably talk about the new Pingzhou Treasure Note, and then they find that some individual pieces have slipped through the net.
"Everyone is trading with treasure notes, but you're still trading with silver?" Geng Yuan said in disgust. "Hurry up and change your silver into treasure notes, or I won't trade with you anymore."
The merchant who was being talked about was embarrassed, "Silver is very solid to use, but using banknotes always makes me feel light and airy."
"You're so lucky, you don't know how to enjoy it. Baochao can be traded in Pingzhou. And no matter where you are in Pingzhou, you can always take Baochao to the local Pingzhou bank and exchange it for silver. What's there to worry about?"
After Pingzhou's series of measures, most of the silver in Pingzhou's pockets flowed into Pingzhou's money houses.
Then the silver was secretly transported to Dali, where middlemen from Dali came forward to purchase supplies.
Chang'an, the imperial court
In response to the current problem of insufficient national treasury and shortage of military funds, Grand Marshal Xiao Qun proposed tax reform suggestions.
This suggestion was met with opposition from countless people in the court.
Song Mo said nothing, sitting on the dragon throne with an expressionless face, letting His Highness and the ministers quarrel with each other.
Xie Zhan took sick leave.
Xiao Qun worked very hard for his daughter, to be remembered in history, and to promote the new tax law.
At this time, he was not afraid at all when facing the opposition from the ministers.
"Everyone knows the state of the national treasury."
"Now, the Xianbei army is approaching, Pingzhou is invading on a large scale, and Jizhou, Bingzhou, and other places all need the court to dispatch troops to support them. I would like to ask you, if the court does not implement the new tax law, where will the food and fodder come from?"
An old minister bowed to the emperor with both hands and tremblingly suggested, "When the country is in trouble, every citizen has a responsibility. Why don't you order an increase in taxes this year?"
Xiao Qun immediately asked, "Are you going to increase taxes on the people again? Are you trying to force the people to flee to Pingzhou overnight?"
Because of Pingzhou newspapers, many people in Dali have some understanding of the lives of ordinary people in Pingzhou. They know that the people in Pingzhou live a good life.
"You know, Dali currently has a population of only over 12 million." Because of the loss of Zhuozhou, Leling and other places, Dali also lost more than one million people.
"Then-then we can't implement the new tax law. It's too troublesome."
Xiao Qun ignored him and turned to the ministers who opposed him. "Have you ever thought about this? If our Dali army loses this battle, what will happen to everyone?"
Many ministers were stunned. What would be the outcome?
Xiao Qun reminded, "Bingzhou and Jizhou are not far from Yongzhou."
"The Xianbei are a foreign race. As the saying goes, those who are not of our race must have different hearts. If we fall into their hands, can we expect any good?"
"Also, Pingzhou is attacking. Do you think you can keep the wealth and land in your hands? No, you may be the first to be slaughtered." Xiao Qun said to the ministers.
"So, only when Dali is well can you all be well. If Dali is not well, you will also suffer misfortune."
"Don't think you can switch sides just because Pingzhou attacks. Pingzhou is currently full of talented people. If you want to be reused, you have to rank behind these people."
The ministers kept silent. If Pingzhou eventually replaced Dali, those people would have the merit of following the dragon.
Not to mention that Pingzhou is ruled by a woman, which is hard for them to accept.
Just to say that most of the talents he appointed came from poor backgrounds, and some were even peasants. They felt very uncomfortable when they thought that they would be inferior to these people in the future.
"So in this battle, we can only win and not lose! Tax law reform is imperative!" Xiao Qun said finally.
But some still wanted to make a desperate struggle, "When the country is in trouble, we naturally cannot stand idly by. We can mobilize those wealthy families to donate generously to help Dali overcome this difficult time."
The ministers had a good idea. They did not implement the new tax law, and the food and fodder problem was solved by letting the wealthy families pay some price.
A problem that can be solved by spending money once is a one-time deal, but implementing a new tax law will mean a problem of bleeding every year.
Moreover, if they do this, if the war goes well, they may be rewarded afterwards.
Xie Zhan naturally wouldn't agree, so Xiao Qun also didn't agree.
Their calculations were very good, but since Xie Zhan had decided to do it, he naturally wanted to solve it once and for all.
After the implementation of the new tax law, those in power will not be controlled by others or even by money when they govern in the future.
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