Pioneering

258 Three Years
Time flies like a white horse, and like quicksand that cannot be held in the palm.Three years have passed since Estonia returned to New Chang'an City.

It is not an exaggeration to describe the changes that have taken place in Yasha in the past three years.

A series of spacious and bright cement roads, a series of main roads, secondary main roads, and final main roads, basically connect all the cities in Yaxia together.

With the invention and promotion of the mechanical textile machine, Yaxia's textile industry developed rapidly.Basically bid farewell to the family workshop and transformed into a mechanical textile factory.

The daily production of cloth by large and small textile factories is an astronomical figure.

亚夏三年前一匹25码的大头布的价格在60~80枚亚夏银元，丝绸布的价值10~40枚亚夏金元。

Nowadays, home-spun hempcloth, which is of poor quality, has completely disappeared from the market and is basically extinct.

A piece of linen cloth with better quality and more uniform specifications costs only 25 silver dollars for a piece of 2 yards; a piece of cotton cloth made of "yellow cotton" from the world of Zoya that Zhong Ming found is only 3~4 silver dollars in the market now;
A piece of woolen cloth, because Yaxia’s animal husbandry is not particularly developed, a large amount of wool needs to be imported from Estonia, and the market price is now 6 to 10 silver dollars.

Even the high-end silk cloth in the past, after large-scale production, even if the quality has declined slightly, the price has dropped to 40 Yaxia silver dollars.

Three years later, Yaxia, thanks to the vigorous development of the textile industry, can be said to have disappeared.

No matter how poor the family is, as long as they are willing to go to the factory to work honestly, it is not a problem to wear linen or even cotton clothes.

And relying on the opportunity to lend loans to nobles and factory owners, the Yashai National Bank that Zhong Ming appointed Shana to build also took advantage of the opportunity to launch Yashai's own currency system—the Yashai Yuan system.

That is, the Yashai gold dollar, the Yashai silver dollar, the Yashai copper dollar and the Yashai copper coin.

It replaced the various currencies such as the Dinar system and the Fanster system that originally circulated in the territory.

The quality of Yaxia yuan is almost the same as that of gold coins in the dinar system, but the content of precious metals is not particularly conscientious.Other metal currencies issued by wicked and greedy kings must contain [-]% precious metals, but Zhong Ming successfully created a new pattern of [-]%.

However, Yaxia yuan has successfully captured the hearts of all users by virtue of its exquisite shape, wear-resistant alloy coinage technology, and the special technology of identifying true and false.

Basically no one will be dissatisfied with this ratio - such a superb minting process does not cost money, what else can you be dissatisfied with?You have to know how to be grateful!

In short, with the superb minting technology, the timing of lending, and the full development of storage and exchange, the currency in Assia can be said to be completely unified.

Private financial lending was basically killed by the Yaxia National Bank.

How can the group of private moneylenders who take advantage of 6 out of 8 returns and natural disasters to take advantage of the opportunity to lend money to make huge profits, and even seize the borrower's real estate, compare with the Yaxia National Bank who borrows real money and only needs [-]-[-]% annual interest?

The literacy rate of the people in Yaxia may not be high, but with the help of national-level publicity and word of mouth, everyone can know that the Yaxia National Bank only has an interest rate of 6% for agricultural loans.

This is a great kindness.

Farmers who have not yet gotten rid of the state of relying on the sky for food are really not ordinary. After a year of hard work, natural and man-made disasters have resulted in no crops. annual interest.

How is it not the grace of regeneration?
Even Zhong Ming's believer structure has been optimized again.

After all, Yaxia Yuan has a pattern of Zhong Ming's divine logo printed on the front and a bust of Zhong Ming printed on the back. Everyone knows who established the Yaxia National Bank.

The improvement of the country's reputation has also brought about a substantial increase in the number of bank deposits.

Farmers and workers alike are choosing to deposit their hard-earned money in banks instead of hiding it at home for ashes.

If you put it at home, you will get thieves. If you put it in His Majesty's bank, the absolute guarantee of the principal of the deposit is the double guarantee of Zhong Ming's personal reputation and Yaxia's national reputation, as well as the [-] million Yaxia gold dollars that Zhong Ming put in as a deposit. What is there to worry about?
Could it be that the Pope, the god of wealth, is short of money?

It’s just that the deposit interest rate is a bit too low. The annual interest rate for small time deposits is only 1%, and the interest rate for large time deposits is only 2%. Moreover, early withdrawal is considered a breach of contract, and only the principal is paid without interest.The current deposit interest is only 0.5%.

It can be said that it is better than nothing, and it has been criticized by many factory owners and nobles-with this money, what should I invest in better than putting it in the bank?Investing in building a small factory or reclaiming a large-scale plantation will earn you much more than putting it in the bank to earn interest.

Therefore, rich nobles and factory owners, or it can be said that the current big factory owners are basically nobles, are more willing to invest in expanding production.

This led to a further expansion of production capacity. Under the support of the Blue Star Industrial Revolution technology, Yaxia's textile industry, steel industry, and agriculture exploded a bit too alarmingly. Compared with other countries in the Northern Continent, it seems that the price of products is so low that it is not a world. .

And the saturation of the market has also made it more and more difficult to sell the situation that it can be sold if it is produced.

After the Northern Continent Winkrell led a group of large and small kingdoms to announce the severance of trade with Yashai, the market became even smaller.

Even if there is a small market for smuggling, it can't meet the needs of noble factory owners and upstarts in Yaxia, and warlike public opinion has already appeared.

With excess production capacity, vested interests will frantically demand new markets, even with steel knives and shells.

After Zhong Ming registered the patent of the furnace-opening method, the steelmaking industry granted domestic aristocrats and factory owners the right to use the technology at a low price. The steel production has changed from tens of thousands of catties per year to 30 tons per year, which can be called a breakthrough in the era.

In the past, farmers still used wooden sickles and hoes, but now they cost more than 100 copper dollars, and the best steel farm tools are free to choose. Even after the price of large-scale agricultural machinery has been greatly reduced, rich peasants are buying it.

If you can buy a tractor, it can be said to be the top mate in a hundred miles. No matter how ugly or old you are, you will be favored by girls.

Without him, although tractors are not as efficient as other agricultural machinery specialists, they are almost versatile in plowing, sowing, harvesting, and transportation. One tractor is enough to support hundreds of people. It can be said that it is the number one in sales and is very popular.

The development of industry has also made great progress due to the development of steelmaking and agricultural machinery, but the coal and oil resources in Yaxia's country are not abundant, which limits further leaps.

This also made the slogan of "killing out" in the country more and more loud, and it was also one of the reasons why Zhong Ming was not in a hurry to release the mana energy drive.

With the help of super crops and updated farming technology in agriculture, even though agricultural machinery is still the domain of the rich, iron and steel farm tools have been fully updated, the output has more than tripled, and the per capita food is barely enough.

However, it still faces the problem of falling food prices. Even with the double protection of the "Strategic Reserve" system launched by Zhong Ming and the "Grain Protection Price" decree, the price of food is still too low compared to other countries.

Many farmers also began to hope that Zhong Ming could lead them to open up a wider market, and there were signs of war.

As for other engineering and weapon industries, the printing industry, and even the chain theater entertainment industry that Zhong Ming created out of boredom, they have also developed to a certain extent with the improvement of the people's lives in Yaxia, but they are still not as good as the above.

The voice of expansion is getting louder, perhaps, the time is coming.

(End of this chapter)