My Daming New Empire

So he asked Liu Wan to go to Zhangde Mansion when he was dealing with bank affairs, and Linzhou was a county below Zhangde Mansion.

Liu Wan asked for leave to return to his hometown, which is not considered a real return to his hometown. As an imperial envoy returning to his hometown, even the local magistrate had to treat him with courtesy.

Of course Liu Wan had no objection to this arrangement, so today in the court hall, he loudly agreed. "Your maidservant must work hard to recover the silver owed by King Zhao, not a penny."

Then Zhu Zhanji turned to the officials and said, "The Ministry of Rites, the Ministry of Punishment, the Metropolitan Procuratorate, and the chief officials of Dali Temple are on the list."

Everyone didn't know what Zhu Zhanji was going to do, but Lu Zhen and the others didn't dare to be sloppy and stood up directly.

Zhu Zhanji said: "I remember when I was a child, I heard the teacher explain ancient times. He said that integrity was the most important thing in the Han Dynasty. Even if you are a prince, you have to double the compensation for debts, otherwise you will be dismissed. I don't know much about these things, but I also know I know the importance of honesty. I want you to unite and draft a law. From now on, Daming will be based on honesty. Anyone who owes more than [-] silver coins, regardless of whether it is a prince, uncle, son or baron, will be deprived of the first rank, exceeding [-]. Even the duke will be reduced to a commoner by me. Civil servants owe money, and they will be dealt with as usual, and another house will be ransacked to pay the debt."

The Ming Dynasty only had laws restricting the common people, but no laws targeting nobles and officials. When Zhu Zhanji said this, everyone was panicked and wished to pay off their debts as soon as possible.

Money is a small matter, but the title is the foundation of the family heirloom!

The lords can imagine that the civil servants are eager to make this law as strict as possible. If they want to owe money in the future, they must first weigh how many times their titles can be cut.

However, Zhu Zhanji said: "This law is aimed at those who don't pay back the money. Normal borrowing should still be encouraged. Otherwise, those private usury will rise again."

With Lu Zhen as the head, the four chief officials should all agree.

Zhu Zhanji also said: "In addition, the Ming Dynasty's cash and silver transaction laws are enacted. From now on, more than [-] silver coins are strictly prohibited from going out of the house. If you want to go out of the house, you must pass the bank acceptance."

This is another big move, even more shocking than the law against the nobles just now.But this time, the honorable ones were the ones who were happy, and the civil servants were the ones who opposed it.

Because Zhu Zhanji restricted the circulation of large amounts of gold and silver, the main recipients were merchants from all over the world.In the past, at most, they just went to the bank to exchange silver ingots into silver coins or gold coins.

[-] silver coins, but [-] gold coins, basically those merchants will not pay through the bank, but direct cash transactions, which can avoid commercial taxes.

The business tax of Ming Dynasty is very low, one tax per 20.00, compared with the tax rate of more than 50.00% in later generations, and even more than [-]% for manufacturers, it is nothing worth mentioning.

Even so, no one is willing to take the initiative to pay taxes.

But now, Zhu Zhanji has banned the circulation of gold and silver, and they can only trade through banks.At this time, it is difficult to evade taxes.

In fact, although Zhu Zhanji is for taxation, it is more for the circulation of gold and silver.

In his previous life, he was very aware of the uneven distribution of wealth in the late Ming Dynasty. The rich cast thousands of kilograms of silver coins and buried them in the ground, while the poor could not even see a single silver coin.

That era was not the present. For 200 years, more than 60.00% of the world's gold flowed into Ming Dynasty, and more than 90.00% of the world's silver flowed into Ming Dynasty.

But what?Daming's official treasury is empty enough to run mice...

Emperor Chongzhen asked his ministers to collect donations, but he couldn't even receive 1 taels of silver. Li broke into Beiping and directly confiscated more than ten million taels of silver.

And that's not all, because after the Manchu Qing Dynasty entered the customs, they made more money from those ministers who were "clear in their sleeves".

This kind of wealth concealment is quite detrimental to the development of society. The lack of regulatory power of the government will only make the trend of uneven wealth distribution more and more serious. Therefore, business must be developed from the very beginning and must be regulated.

In the past, Zhu Di was still in Daming, so it was not easy for him to make a move, but now, the real first fire was about to start.

It is actually a trivial matter to ask Xungui for an account, because in this day and age, even if they play tricks, they dare not really play tricks in front of the royal family.

If Zhu Zhanji took it seriously and demanded it forcefully, no one would dare to refuse to pay it back.

Restricting the circulation of gold and silver is Zhu Zhanji's real purpose.

Only by keeping social wealth in the hands of the court can these money really play a role, otherwise, no matter how much gold and silver is, it will be dead.

However, there is a very important issue here, and that is the issue of the royal hand.

Ministers, the people can't believe the emperor's character.Common people, officials, and businessmen all put their money in the bank. It would be fine if you were a wise king, but what would you do if you met a foolish king and regarded the money in the bank as your own?

So Xia Yuanji, Minister of the Ministry of Household Affairs, came out immediately and said: "Your Highness, it is absolutely impossible. Banks are the channels for the circulation of gold and silver in the imperial court. How can they be confused with private wealth. What's more, the bank's acceptance fees in different places are high, which also increases the burden of traders. cost, leading to shrinking private transactions.”

Zhu Zhanji said with a smile: "What Aiqing said is reasonable, so I deliberately reduce the handling fee for acceptance in other places to benefit the people."

It is obvious that there is no place to hide the transaction and increase taxes, but Zhu Zhanji's concession to the people is justified, which makes people speechless.

Xia Yuanji said again: "Your Highness, do you know why the treasure banknotes issued during the Taizu's period were one-to-one at the beginning, but now they are gradually abolished?"

Talking about the economy, Zhu Zhanji is not afraid of Xia Yuanji, an ancient man. He said with a smile: "In the final analysis, it is a credit problem. The excessive issuance of paper money has led to wealth inequality and a currency crisis."

Although Zhu Zhanji's words are somewhat post-modern, many terms have already been circulated when he founded the bank, so basically every minister can understand them.

Xia Yuanji nodded and said: "The issuance of currency is mainly about credit issues, but if Your Highness gathers the world's wealth in the bank, who will underwrite the bank's credit?"

Zhu Zhanji said with a smile: "I can legislate to restrict the royal family from reaching out to the bank."

"Laws are established, and of course they may be abolished."

In the final analysis, this is the character of the emperor that everyone can't trust. This cash and silver are not treasures. If the emperor really cheats, no one can restrict the imperial power.

However, Zhu Zhanji was already prepared, and said: "So I'm going to prepare a new bank. In this new bank, the royal family will only occupy a third of it, and will not participate in the management."

Xia Yuanji did not give in, and asked again: "Who will manage it, and who will be responsible for the transfer of gold and silver?"

Zhu Zhanji said: "In Gu's vision, the royal family occupies [-]% of the bank, the nobles occupy [-]%, and the rest is raised by the ministers and the people. Neither the royal family nor the nobles participate in the management, only the right of supervision. The household department selects shopkeepers from the private sector to be responsible for the operation. Every year, the operator needs to report to the general meeting of shareholders once a year to report on the operation status.

As for the transfer of gold and silver, it must be carried out through the Daming Bank. Except for the Daming Bank, no institution or individual has the right to transfer gold and silver. "

All the officials have just heard Zhu Zhanji's thoughts, so they are not as thoughtful as he thought.Xia Yuanji knew that His Highness would not fight uncertain battles, and also knew that although he was young, he was cunning and scheming.

He didn't want to disobey orders directly, so he could only use the dragging formula to say: "Your Highness, this matter is a major matter, and it will not be settled in a day. I need to call the officials of the household department to conduct a detailed analysis before I can give Your Highness an answer."

Daming Bank does not care about business operations, but is only responsible for supervision and gold and silver transshipment.

The Daming Development Bank is mainly responsible for official salaries and financial allocations.

Daming Commercial Bank is a private bank belonging to the royal family, and the internal supervisors use it to make money.

At the beginning, Zhu Zhanji thought very well. He named the internal supervisor's bank a commercial bank because he wanted to develop business.

But in this era, no one dares to deposit money in commercial banks. Except for merchants who do business with the internal supervisor, other people will not deposit money in commercial banks.

For more than three years, although commercial banks have been developing steadily, they have not been able to expand in scale.

Zhu Zhanji thought again, simply re-establish a real commercial bank, and the commercial bank under supervision was renamed the Royal Bank.

However, no matter whether it is a bank reorganization or a new establishment, the outstanding debts must be recovered.

Of course, the Ministry of Accounts welcomes the re-establishment of a bank.

They can't intervene in commercial banks, and even though they have a reputation for development banks, they can't really control them.

The Development Bank was established by Zhu Zhanji and his money. Although Guo Zi, the servant of the household department, was appointed as the admiral, Zhu Di now promoted Guo Zi to be from the second rank and stripped this part of the business.

It would be a lie to say that Xia Yuanji was not tempted to re-establish a bank and put it under the control of the household department.