Chapter 51: Tea Merchants' Counterattack



The next ten days or so were calm.

The Jiaozi business and the Jianqian law were carried out quite smoothly, and the court's finances were relatively stable. Part of the money from the Jiaozi business was misappropriated to purchase grain.

Especially after Chengdu heard that Bianliang had also opened the Jiaozi office, by mid-June, Chengdu merchants also went to Chengdu Prefecture's Jiaozi office to deposit money in large numbers to facilitate their business in Bianliang.

From the opening of the Jiaozi service in May to mid-June, in just one month, the Jiaozi service treasuries in Bianliang and Chengdu Prefectures had an additional amount of nearly two million strings of cash, so that the Chengdu government had to expand its warehouses to store the cash.

Although he was just a businessman, Zhao Zhen was still delighted to see so much money coming in.

Zhao Jun's prediction was correct. As an institution that the state helps merchants keep cash, banks can indeed bring great convenience to merchants and will induce a large number of merchants to deposit money into them.

Historically, during the reign of Emperor Renzong, only one Jiaozi office was established in Chengdu Prefecture, and the amount of coins allowed to be deposited was 1.256 million strings of cash, a number that never exceeded this number.

Because Chengdu did not restrict the use of Jiaozi by the people, there were a lot of Jiaozi in circulation, and even counterfeit Jiaozi had appeared. Once the number exceeded this, the government would not be able to control the excessive issuance of Jiaozi, so it was always operated on a small scale.

However, even so, it can meet the commercial needs of Chengdu Prefecture. After the development of Jiaozi business, the business of Chengdu Prefecture was extremely prosperous. Just relying on the storage of 1.25 million guan, the commercial share increased significantly.

As a result, there was a period of time later when the Jiaozi business in Chengdu Prefecture was suspended due to some problems, which led to a sharp decline in Chengdu's business and economic depression. The transport envoy Zhang Ruogu and the prefect Xue Tian realized the seriousness of the problem and petitioned Song Renzong to reopen the Jiaozi business to alleviate the urgent crisis.

Therefore, with the commercial atmosphere of the Song Dynasty so prosperous, it was very necessary to carry out banking business. It could not only solve the "money shortage", but also promote economic development and drive the progress of various industries such as handicrafts and manufacturing.

In addition, the real big merchants transported goods all over the country, unlike Chengdu Prefecture, where Jiaozi could only be used in one prefecture. This shows that the economic operation system of the entire Song Dynasty could issue far more than a mere 1.26 million strings of money.

At least during the Ming and Qing dynasties, the silver notes issued were calculated in tens of millions of taels, and the commercial prosperity of the Song Dynasty was much stronger than that of the Ming and Qing dynasties, with tax revenue alone reaching tens of millions of guan each year.

This is enough to show that the annual commercial transactions in the Song Dynasty were counted in billions of strings of cash, which also means that it was a huge market for the banking industry.

If used well, even if it only absorbs tens of millions of strings of cash as reserves, it will not be a problem for the Song Dynasty court to issue forty or fifty million strings of cash.

But the prerequisite is that the court’s treasury itself is relatively healthy and has sufficient reserves.

Otherwise, as in the period of Emperor Huizong of Song in history, the national treasury had no money, but still printed Jiaozi crazily. The amount of Jiaozi issued reached 20-40 times that of the period of Emperor Renzong, that is, 20-50 million strings of cash, causing serious inflation.

Zhao Zhen was relatively restrained and did not overspend or make excessive payments.

Since both Bianliang and Chengdu now recognize Jiaozi as the official currency, if he chooses to issue more Jiaozi and make millions of them, it will cause huge fluctuations in the prices of these two places, which will not be worth the loss.

Therefore, at present, only a part of the currency reserves of the Jiaozi Bureau has been misappropriated, which is a relatively routine operation. As long as there is no run on the banks by merchants who have Jiaozi deposits across the country, the Jiaozi Bureau will probably not go bankrupt.

Under such circumstances, there were not many fluctuations in the market. Apart from the fact that grain prices had increased slightly, causing tea prices to drop slightly, there were no other problems.

Zhao Jun still went to bed early and got up early every day, and listened to music on his laptop when he had nothing to do. Before he came here, he had already considered the problem of wireless network disconnection in remote mountain villages. He downloaded a lot of movies and music on his computer in advance to pass the time, and just asked Yan Shu and Fan Zhongyan to help him open the audio files.

His eyes recovered day by day. With the unremitting efforts of the imperial physician, through acupuncture and moxibustion to disperse the blood stasis, his eyes improved a lot. Even through the thick gauze, he could feel the bright sunlight during the day.

During this period, he also tried to charge his phone with a laptop, but unfortunately, he didn't know whether the phone cable was broken or the phone was broken, so the phone wouldn't charge.

Instead, the laptop became his only electronic product.

When he first entered the mountain, he put his cell phone in his pocket and his laptop in a laptop bag, which he then packed into a suitcase. When the mudslide occurred, the cell phone would inevitably be soaked in water and mud, but the laptop would be fine because it was protected by the suitcase and laptop bag.

In addition, there is a solar panel, which is very small when rolled up, a total of four pieces, wrapped in plastic film and placed in the suitcase.

This thing costs more than 200 yuan on Taobao, which is very cheap. It is also the third-generation upgraded version, with a waterproof canvas bag, dual USB interfaces, and supports QC fast charging.

At that time, I also thought that Nini Village was deep in the mountains and forests and that the power supply might be affected, so I bought one. I didn't expect that now that the whole village has a power outage, it has become the village's hope. Zhao Jun can still listen to music thanks to it.

The days passed one after another, and time passed peacefully inside and outside Bianliang.

Until the morning of June 27th.

Nearly two months after the opening of the Jiaozi office, in the elegant room of the Tianzihao Gui room on the third floor east of Fanlou, the spacious room was packed with more than forty people, and the place was quite silent.

There were no windows in the room. A blue-glazed three-legged stove on the table emitted a faint fragrance, making the already airless room even more stuffy.

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