Chapter 194 Banknotes



Li Si stuffed a large piece of paper with a ten-cent watermark into the drum, shook the drum a few times, and then divided it into 100 pieces. He picked up one, looked at it, and said with a smile: "It's not worth it. This one only has one guan of money. If it were a large bill, each one would be worth 10,000 guan."

Wu Yi picked up one and looked at it, then said with a cheerful smile: "It's already pretty good. Just this little bit of time is worth one tael of silver. It's more cost-effective than doing anything else."

Li Si curled his lips and said disdainfully: "It's not worth it. In the past, I worked with the master to make Glazed Tears, which was more cost-effective than this stuff. The Glazed Tears made in such a short time can be worth hundreds of strings of cash."

When a shipload of dried fruits came from Lingnan, half of it had to be loaded with copper coins. This was too cumbersome for business, but the gold and silver reserves of the Tang Dynasty were not enough for large-scale circulation.

After 10 million guan of notes were issued, their value immediately increased to 12 million guan, and there was a trend of continued increase, mainly because big businessmen used that thing as currency.

Wang Zheng had no choice but to start promoting paper money. As long as this thing is controlled well, it will actually have more advantages than disadvantages. After all, having a currency that is easy to carry is extremely important for business.

Li Cheng swiftly helped Luo Xiaomei to place the dishes and chopsticks in the place. Finally, he brought out a large pot of fish soup from the kitchen and sat down next to Wu Yi.

After all, there are many things I can't think of or that don't conform to the facts. You can give me more suggestions. After you go back, you two can find time to go to the palace. His Majesty wants to see you."

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"In the early days, there were naturally only a few points, namely Chang'an, Yuzhou, Luoshui, Lingnan, Northeast China and Western Regions. Only two types of notes were issued in large quantities, namely ten-cent notes and one-hundred-cent notes. The notes issued between the points were larger notes that were better made and more anti-counterfeiting.

Xiao Yuehua waved her hand and smiled, "You're welcome. You helped me pick up the food before, but now I'm standing taller, so I can help you scoop the food."

Wu Yi and Li Cheng did not go to the palace in the end.

Li Cheng nodded and smiled, "Mr. Qianzhuang has sorted out the reservoir issue, and I will just follow his instructions. Mr. Qianzhuang, do you plan to roll it out across the board, or just set up a few locations?"

Li Cheng thought about it and nodded, "Then let Master's wife help introduce one."

Wang Zheng nodded, "Of course, but there is no rush for that, we can take our time. The first step is to focus on storage and exchange, and there is no rush to lend money. However, we can lend money to the border areas first. After all, they have many places to use money, and the profit is high and the return on investment is relatively fast."

Luo Xiaomei smiled and said, "There are so many coming in and out, take a look at the more suitable one, and Master's wife will tell you."

Wu Yi and Li Cheng bowed together and said, "Your Majesty, I am sorry for the inconvenience."

Wu Yi didn't care. He had met Li Zhi once when he came to Chang'an last time. As the eldest brother of the Yuzhou faction, even if he didn't enter the court, it was necessary for him to meet Li Zhi when he arrived in Chang'an. After Wang Zheng came back, Wang Zheng would take over.

Your Majesty knows that we in Yuzhou do not value etiquette, so you just need to kowtow to Your Majesty, and as for the others, it does not matter. "

Li Cheng also said with a bitter face: "Yes, we are used to being lazy, and the palace has many rules. If we offend that noble, wouldn't it cause trouble for you, sir? You should help me find a way to push it away."

Your husband knelt down for others to see, and there are no outsiders here, so it doesn't matter whether he kneels or not."

Wu Yi managed the subordinate farms, while Li Cheng managed the imperial farm itself. However, Li Cheng's qualifications were only average. He was quite outstanding in the early days, but after Wang Zheng kept throwing out various subjects, Li Cheng gradually became lost in the crowd.

All personnel will be selected and trained by the two of you, and then sent out. All personnel will not only be under your jurisdiction, but also under the supervision of the local authorities. This can be considered as double control. After all, this is a serious matter, so it is never too careful. "

However, Li Cheng respected Wang Zheng and Luo Xiaomei more, so he always followed Wang Zheng.

Wang Zhengqi laughed, "Why do you have so many excuses? You are just a general manager and a provincial governor. Even if you have resigned from your post, it is your duty to return to Chang'an to see His Majesty.

Wu Yi nodded and asked, "What are the specific arrangements for us, sir?"

Wang Zheng looked at Li Cheng and smiled, "You are already in your twenties, so get married as soon as possible. Don't set your sights too high, just get something that's good enough."

"It's mainly about the money house, but you have to start it yourself. Li Cheng has to finish the second batch of reservoirs before he can help you."

Li Cheng nodded and smiled, then asked Wang Zheng: "Besides exchanging paper money for copper coins, does our bank do other business?"

Li Cheng is the oldest disciple of Wang Zheng, four years older than Wu Yi. He is also the disciple who has followed Wang Zheng the longest. When Wang Zheng first arrived in Yuzhou, the first batch of disciples dispatched from Jinli Beach was headed by Li Cheng.

Wu Yi frowned a little, "We two are not going to court, what does His Majesty want to see us for?"

Wang Zheng said to the two of them, "Now that you are back, settle down in the mansion. Don't go anywhere else in the future. Although starting a family is not urgent, it should be put on the agenda."

After dinner, Wang Zheng took Wu Yi and Li Cheng to the study, handed them some bank rules he had written, and said, "Take it back and have a good look at it, and then we'll discuss it in a couple of days.

"Thank you, Xiao Yuehua." Li Cheng stretched out the bowl in his hand and took the spoonful of fish handed to him by Xiao Yuehua.

Wang Zhengze actually smiled and made a gesture of invitation to Li Zhi, "Your Majesty, please sit down and talk. Is there anything important happening in the morning court today?"

The next day, Li Zhi came over in person after the court session. Wu Yi and Li Cheng were about to kneel down, but Li Zhi waved his hand generously and said with a smile, "Forget it. You people from Yuzhou are all very stiff-kneed. I'll avoid hurting your self-esteem."

Li Zhi sat down and took a sip of tea, then waved to Wu Yi and Li Cheng, "Sit down, everyone."

Li Zhi then smiled at Wang Zheng and said, "What big things can happen in the court? Now everyone's attention is either on the border areas or on the reservoirs. The national treasury is full, and the counties have some minor issues, which are nothing more than a matter of how much money is allocated.

I came here today to ask the chief steward if there will be a third phase for the reservoir issue? This is also what the ministers are concerned about now. "

Wang Zheng pondered for a moment and said with a smile, "Of course there won't be any this year. We'll have to wait and see the specific situation after the spring flood next year. After all, it's too late in terms of time."

Li Zhi pondered for a moment and said, "It's too late for the Yellow River, but can't we do construction all year round on the Jianghuai side?"


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