Chapter 356
With the development of Sunjiazhuang, the area of ​​Sunjiaji has now expanded many times. The small watchtower that was originally guarded at the end of Sunjiaji has become the center of Sunjiaji with the expansion of Sunjiaji. There are long streets to the distance of the watchtowers.

The markets near Sunjiazhuang sell daily consumer goods such as medicines, textiles, wine, etc. The farther you go, the dirtier things you sell. The farthest is the livestock market, where some people sell pigs, horses, cattle and sheep.

Lao Chen went straight to the cattle and horse market marked with the words "Livestock Trade of Supervisory Committee".

This small stall was run by the Supervisory Committee itself, and there are other private shops in the Cattle and Horse Market, but anyone who is knowledgeable knows that if you want to buy piglets and chickens, it is the best choice to buy piglets and chickens from the Supervisory Committee's Livestock Trading Company.

The piglets and chickens here are all varieties researched by the Agricultural College of the Supervisory Committee. Eating the same amount of grain, they can grow [-] to [-]% more meat than others. There are even people from other places who come here to buy piglets and chickens. .

Go to the small room next to the pigsty, where several employees of the supervisory committee are working.Because of the business related to breeding, there is no shortage of food monks, and all of them are fat.

They don't have such a good attitude as the staff in the Bank of the Supervisory Committee, and they all have a straight face.

An employee saw Lao Chen coming in, raised his eyelids, and found that he was dressed as a farmer, so he didn't show any enthusiasm, and said without raising his head:
"what to buy?"

It had been a long time since Lao Chen arrived here, dangling around with the seven hundred big money in his pocket, he was exhausted, he was still out of breath, and was even more nervous when asked by the staff.

Old Chen quickly said:
"I want to buy piglets."

The clerk nodded, pointed to the price list on the wall and said, "Now the piglets cost two hundred bucks each, how many do you buy?"

"two."

When the two were talking, the three staff next to them were talking to a person wearing silk and satin clothes. Their attitudes were very different. Their words were very flattering. They talked about the amount of piglets they wanted to buy, and they probably knew which supervisor in Dengzhou it was. There are cadres in the meeting who are dedicated to the unified purchase of piglets.

All three of them were there, and there was only one person dealing with Lao Chen.

When Lao Chen was about to say something, he heard a person who looked like a leader over there hurriedly say to the staff here:

"Xiao Zhang, are you finished here? Come here quickly, and help Supervisor Wang to order some piglets."

This little Zhang responded, he still had some professional ethics after all, he didn't put down Lao Chen and got up and left, but urged:
"Hurry up and pay, four hundred Wen."

Lao Chen took out four strings of big money from his pocket.

When Xiao Zhang saw it, his expression changed instantly.

"Copper coins?"

Old Chen was a little puzzled: "You don't accept copper coins?"

"It's a collection..." Xiao Zhang frowned, "Recently, few people in our place use copper coins. If you want this money, I have to get you a scale..."

At this moment, the leader over there urged again, and Xiao Zhang hurriedly put on a smile and said perfunctorily: "I will take out the scale and weigh it for you later, please wait."

Old Chen opened his mouth, there was no chance to speak, so Xiao Zhang quickly got up and went to serve that Supervisor Wang together.

Old Chen had no choice but to stand there and wait.

I saw that Supervisor Wang sent a farmer to order piglets with them, and here he took out a stack of banknotes from his pocket.

The staff of the trading house took the banknotes, spit on their mouths, and lit them.

After counting the money in the blink of an eye, the money and goods were settled, and the leader personally sent the supervisor out.

Old Chen was dumbfounded, it was the first time he saw such a convenient transaction.

"Do you really accept banknotes here?"

Xiao Zhang came back and said with a smile, "Isn't it true? Our business here starts with a few hundred pennies. Using this banknote is much more convenient than using copper coins."

Xiao Zhang pointed to the supervisor Wang who left outside: "That is the supervisor of Wendeng Wangjiazhuang. They used to come to our trading house to buy piglets, and the farmer who helped push the cart to transport the money had to bring two, big carts and small carts. Push it, although the place under the jurisdiction of our Supervisory Committee is safe and there are no thieves and bandits, but it is troublesome to push a money cart, isn't it? Now he is alone, with a small purse, and comes with money. This is a lot of business convenient?"

Lao Chen nodded, thinking of the difficult journey she had taken to come here just now with [-] big bills in her pocket, especially Xiao Zhang's troublesome face when she heard that he wanted to use copper coins, she suddenly felt that the banknotes were not like what he had before. Thinking of nothing.

Old Chen thought that after buying the piglets later, he would like to grab a few chickens and take them home. Chickens are cheap and don’t cost a string of money. Lao Chen suddenly felt that he should also try changing some change?
Although he didn't dare to exchange large bills, since small bills can also be used, you can still try zero bills. It will be much more convenient to go out to buy something in the future without having to carry it around.

Sunjiazhuang's treasure-protecting banknotes were issued for one month, and a meeting was held.

Jiang Jing made a report at the meeting.

According to statistics from the Bank of the Supervisory Committee, the Supervisory Bank issued a total of [-] banknotes this month. When the banknotes were first issued, because everyone's acceptance of the protected banknotes was still very low, the banknotes depreciated immediately after they were released. However, after the Bank of the Supervisory Committee fulfilled its promise to redeem all the protected banknotes that came to be exchanged, the value of the currency became stable and returned.

After five days, it stabilized at almost the same level as the face value.

With the issuance of protected banknotes, the effect gained is immediate.

Now a very rudimentary industrialized society has been established in Dengzhou with Sunjiazhuang as the center, and the biggest change is the commercialization of all materials.

Originally, in the era of small farmers, everyone was self-sufficient. Most of the income of small farmers was food, and the assets of the family were also judged by food.

It seems that when Sun Xin married Hu Sanniang at that time, the dowry gift given by Hu Tai was [-] shi of grain.

Farmers hardly need any money, and if they want to use money, they temporarily carry grain to the market to exchange.

However, with the progress of industrialization, more than [-]% of the farmers in Sunjiazhuang are not engaged in any agricultural production at all. All their income is money, and all basic necessities need to be purchased from the Sunjiaba market.The direct result of this is that there is not enough money in the market.

In fact, before the issuance of the protective banknotes, the copper coins in Sunjiazhuang were already very tight. There were more supplies and less money. With Sunjiazhuang as the center, the price of money near Sunjiaji was much higher than that of places other than Dongshan Prefecture, even if there was no Zhao Ji to participate in the shares. According to the proposal, Sun Xin will have to issue banknotes within two years. The money in the market is simply not enough. This seigniorage Sun Xin does not want to earn it and others will earn it.

The issuance of protected banknotes instantly greatly expanded the working capital in the hands of the Supervisory Committee. On the one hand, the Supervisory Committee used this additional banknote to invest a large amount of various industries under its banner, and on the other hand, it directly sent it to the market in the form of wages.

This injection of funds made many industries that were originally scarce funds have a large amount of investment in an instant, and the industry and commerce in the entire Dengzhou were all running at a high speed as if they had been injected into their blood.

The increase of [-] guan, the direct effect is reflected in the data of the industrial port. This month, the sales of almost all the spinning factories under Sunjiazhuang have increased by [-]%. Take money to spend.

Compared with such income, the seigniorage earned by Sunjiazhuang Bank is nothing.

Faced with such a result, not only the other supervisors in the supervisory committee, but also Sun Xin himself was a little surprised.

Jiang Jing was beaming, and he contributed the most to the issue of banknotes. He used to be the chief steward of financial management in the supervisory committee, and he had enough time to practice. Sun Xin felt that it was a bit too much to put him under Lehe all the time as an accountant. Qu Cai, after this incident, Jiang Jing was transferred to the Bank of the Supervisory Committee. If he did well, he could enter the general meeting as a supervisor in the next by-election.

Jiang Jing also knew that this was a great opportunity for him, so he worked extremely hard, and slept no more than two hours a day for more than half a month since the money was issued.

Summing up his experience, he believes that the most important reason for the success of this time's banknote issuance is that Sun Xin ordered to print small money instead of the big money that many people liked to print before.

Although such a large amount of money can collect a lot of seigniorage, ordinary people dare not use it at all, so there is no way to bring so much vitality to the market.

On the other hand, Sun Xin has a very serious supervisory committee management system.

The banknotes were first issued from the Huihui-run factory of the Supervisory Committee. Those who can enter the Supervisory Committee's factory are already hardcore personnel under the supervision of the Supervisory Committee. Confidence in the society's banknotes.

And all the industrial and mining enterprises controlled by the Supervisory Committee are willing to use the protected banknotes for transactions, which is an endorsement of the value of the protected banknotes.

This is what Sun Xin has insisted on repeatedly, and he cannot be shaken even when the value of the protected banknote depreciates by [-]% in the initial stage.

Later generations, whether it was the Southern Song Dynasty or the Yuan and Ming Dynasties, all the precious banknotes died at this step. The government only printed money and didn’t care about collecting it. They used banknotes when paying salaries and paying corvees, but they were unwilling to accept precious banknotes when they collected taxes. The unrestrained printing of money without reserves eventually led to the direct depreciation and collapse of the currency.

And Sun Xin’s Supervisory Committee itself owns a large number of industries. As long as the Supervisory Committee does not close down, it is basically impossible for the Supervisory Committee to fail. , but compared with the banknotes guaranteed by customs and salt tax in the late Qing Dynasty and the early Republic of China, it is not bad.

Compared with the banknotes in the Southern Song, Yuan and Ming Dynasties that had almost no asset endorsement, it was much stronger.

With the successful issuance of banknotes, Supervisory Bank finally got off to a good start. Sun Xin heaved a sigh of relief, and hurriedly exchanged the more than 700 dividends of the supervisory bank's profit this month into gold and silver, plus his reply to Zhao Ji. To Bianliang.

(End of this chapter)

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