The Ming Dynasty started with caution

Zhu Houzhao stuffed the newly exchanged Hongzhi banknotes into his arms and walked over with a respectful expression: "My son, Houzhao, has met my father."

Yan Chengjin was amazed that this guy could always enter the role of a dutiful son at the speed of light.

Emperor Hongzhi narrowed his eyes slightly: "You come here to save money?"

"Father, you are worried. My son just thought it was novel, so he came to take a look. He will return to the palace now." Zhu Houzhao did not look sideways.

He was obviously serious, but in the eyes of Li Dongyang and others, they always felt that something was wrong.

Yan Chengjin knew that Zhu Houzhao was here to deposit money.

Twenty-five thousand taels of silver notes are easier to hide than silver.

Emperor Hongzhi obviously didn't believe it and signaled Xiao Jing and Mou Bin: "Search them."

"Your Highness is offended."

Xiao Jing and Mou Bin each took one hand and searched out the new banknotes from Zhu Houzhao's arms, which were still warm.

Emperor Hongzhi was slightly frightened: "Where did you get so much money?"

Zhu Houzhao said angrily: "My son deceived me based on his ability, and Lao Gao is an accomplice."

Li Dongyang and the others had stiff expressions on their faces. They defrauded them of twenty-five thousand taels?

According to the law, he should be whipped an additional twenty times and exiled to serve in the border areas.

Yan Chengjin wanted to sew Zhu Houzhao's mouth shut: "This is the silver received from Shouning Marquis. Your Majesty only checked half of it last time."

It was you who betrayed me first.

Zhu Houzhao was anxious, but quickly calmed down: "Father, this money is the dowry that I want to give to the concubine."

Nonsense, you obviously want to use it to recruit soldiers and horses to have fun on the grassland.

Yan Chengjin tilted his head slightly, and Zhu Houzhao also learned Wang Shouren's attack on the heart.

Thinking of this filial piety, Emperor Hongzhi actually softened his heart. Within the palace walls, the most valuable thing was brotherhood.

The prince was greatly relieved that he could think of his young sister.

"I won't accept your money."

The banknote returned to Zhu Houzhao's hands.

Emperor Hongzhi and his party stood in front of the store for a long time, feeling a little disappointed. The Hongzhi banknote represented the credibility of Emperor Hongzhi.

No one came to exchange the banknotes, which showed that the people did not believe Emperor Hongzhi.

Thinking of this, Emperor Hongzhi felt a little chilled.

Yan Chengjin comforted: "In the eyes of merchants, Hongzhi banknotes and Ming Tongbao are the same, so they are not trusted."

Emperor Hongzhi and the princes all understood this truth, but how to get merchants to exchange banknotes?

The imperial edict has only been announced to the world for three days, but it cannot be withdrawn immediately.

Even if it is withdrawn, it will not help. A large influx of silver will make the silver worthless.

Is there still money to be mined in the mine?

Emperor Hongzhi consoled himself: "I think things will get better tomorrow. What do you think?"

"What your Majesty said is true. The news has only been released for two days. Maybe tomorrow, merchants will come to exchange the banknotes." Xie Qian added.

Emperor Hongzhi returned to the palace with a trace of luck.

There is a constant flow of people on Qipan Street. Merchants may stop and watch, but no one comes to the shop to exchange silver notes.

Even a fool can see that this is just changing the soup without changing the medicine.

The imperial court just changed the name of the Ming Dynasty banknotes and called them Hongzhi banknotes. How could they deceive fools?

Yan Chengjin said to Wang Busui: "Why does no one save silver?"

"You don't even survive...and even the officials don't survive, how can the gentry dare to survive?" Wang Busui said with a grimace.

They were worried that the value of silver would depreciate, but they were also afraid that the money they deposited would be appropriated by the imperial court.

Although I was panicking, I didn’t dare to save.

However, these words awakened Yan Chengjin.

Officials and gentry could touch important affairs in the court and played the role of weather vane among the gentry.

The wealthy gentry looked at the officials and gentry as not being able to survive, so how could they dare to survive?

Although it is inconvenient to travel across mountains and rivers to escort silver transactions, I feel at ease just having the silver in my hands.

Yan Chengjin ordered people to prepare a sedan chair and came to Li Mansion to meet Li Dongyang.

"Does Mr. Li know why the gentry don't save money?"

Li Dongyang's eyes were blazing, and he showed a charitable and meaningful smile: "You know?"

"If hundreds of officials don't exist, the gentry will not dare to exist."

Yan Chengjin knew that if he spoke directly, he would be in a hostile position with the officials and would need Li Dongyang's support.

Li Dongyang fell into deep thought.

In other words, officials were asked to deposit silver first, exchange it for silver notes, and then call on merchants to deposit the silver.

Anyone who gives advice will definitely make all officials unhappy. No wonder this son came to him.

"What do you want me to do?"

"I will give you my advice tomorrow. I would also like to ask Mr. Li to assist me and second my opinion."

Li Dongyang's look of relief gradually turned into contempt.

Forbidden City, Fengtian Palace.

Emperor Hongzhi looked at Xiao Jing: "Does anyone deposit money in the imperial court's business?"

"Reporting to Your Majesty, just like the day before yesterday, there is only one person, His Royal Highness."

Emperor Hongzhi looked melancholy, stood up from the throne, and walked a few steps in front of the throne.

You can't issue an imperial edict and let the government supervise people's money deposits.

If so, wouldn't I become a tyrant?

"What do you think we should do with it?"

Liu Jian and the others looked at each other, at a loss.

Yan Chengjin glanced at Li Dongyang and sent a secret signal.

Immediately, he took a step forward and said, "I have three suggestions, which should be feasible."

Emperor Hongzhi turned his head slightly, looked at Yan Chengjin, and said with his eyes: You continue.

"First, let the officials exchange their silver coins for banknotes.

Article 2: Officials’ salaries should be exchanged for banknotes at a discount of 50%.

Article 3: The imperial court will make the money stored in the company public. "

There is no one in the business house because the wealthy gentry does not believe in being an official.

If an official exchanges his banknotes, although not all the people will do so, at least they will have a leading role.

"Your Majesty, don't listen to Yan Chengjin."

"Yes, why didn't you change it yourself? You even exchanged all the money for the mansion!"

The officials were furious and glared at Yan Chengjin.

Yan Chengjin retreated to the team, and the only thing left to look at was Li Dongyang.

At this time, Li Dongyang bowed and said: "Teacher, the effect is to do it from above and follow it from below. Ministers will not exchange banknotes, and the gentry will naturally not exchange banknotes.

I am willing to exchange all the money from my family. "

As soon as this statement came out, all the officials were speechless to refute.

The bank note was issued by His Majesty, so you can't say it's a lie in front of His Majesty.

Liu Jian thought for a moment and felt that it made sense.

"If even the officials don't believe it, how can the people believe it?"

"Then according to the old system, we will reduce officials' salaries by 50%, issue banknotes, and deposit the money saved at home into the business to see the effects."

The officials bowed slightly.

On Qipan Street, the shops suddenly became very lively.

The steward in the cabinet minister's house ordered his servants to carry the silver to the store. Boxes of silver were opened, and the people watching shouted, "I have never seen so much silver."

Yan Chengjin ordered the gentry of the Liangxiang Chamber of Commerce to deposit the silver in their houses into the business.

Although the gentry were reluctant, they did not dare to disobey.

The firm received three million taels of silver in one day.

Yan Chengjin thought to himself that now he couldn't even think about mining silver mines.

Banknotes are gradually circulating in the market. Without corresponding reserves, they will become waste paper.

The same fate as Bao Chao.

The next day, the factory guard who was monitoring the store hurriedly returned to the palace to report: "Master Xiao, someone in the store has changed the banknote."

Xiao Jing hurriedly put down his notes: "How much money did you exchange for?"

"More than three million taels."

The imperial court only collected five million taels of silver from taxes in one summer.

The gentry in the capital are all fat sheep. Report this to Your Majesty quickly.

Xiao Jing took Yunzhan and rushed to Fengtian Hall.

"Your Majesty, someone has exchanged the banknotes."

Emperor Hongzhi raised his head in surprise: "How much did you change?"

"More than three million silver."

Emperor Hongzhi was stunned. After a long time, he said: "Yan Chengjin's idea is good."

The eyes of Li Dongyang and others flickered.

The imperial court set up business houses to prevent a large influx of silver from becoming worthless.

If the silver doesn't flow in, we're in big trouble.

Nowadays, it is impossible not to go to the island country to mine.

Emperor Hongzhi also thought of the key point: "How is the progress of the gunpowder supervised by the Ministry of Works?"