I became a mysterious person in textbooks after being pushed by the emperors

Chapter 20 Ming Currency Reform
With Zhu Di's support, Xia Yuanji's actions soon began, the first being to mint new banknotes.

The Ming Dynasty had an institution for printing treasure banknotes. The Bao Banknote Promotion Department was established in the eighth year of Hongwu. It consists of two bureaus for banknote paper and banknote printing, and two treasury for banknotes and banknotes.When the Baochao Promotion Department was first established, it was affiliated to the Zhongshu Province. After the Zhongshu Province was dismissed, it was affiliated to the Ministry of Household Affairs.

As for how to print treasure banknotes, in this era, it is not much different from later generations, and the anti-counterfeiting that should be provided is basically available.

There is no need to change anything, the only problem is to replace the original appearance.

But this is also very simple. In less than a month, a new batch of treasure banknotes was printed.

When the treasure notes appeared, Xia Yuanji immediately started to act.

He first opened an exchange office in Yingtian, Kyoto. All holders of treasure banknotes can go to the exchange office to exchange for new-style treasure banknotes. Unlike the old-style treasure banknotes, the new-style treasure banknotes can be exchanged for the same amount of gold and silver.

And all of a sudden, the rich and powerful of the whole Ming Dynasty couldn't help being shocked.

Nowadays, it is not the common people who hold the most treasure banknotes in the world. In other words, the treasure banknotes in the hands of the common people are extremely rare, or even almost non-existent. Most of the treasure banknotes belong to the powerful, and thirdly, they are also the gentry.

The value of the precious banknotes keeps depreciating. For them, they can only accept it. There is no way that it is given by the emperor. How can they not accept it?

But at this moment, they discovered that the treasure banknotes could be exchanged for the same amount of gold and silver. Even if they had to exchange the new treasure banknotes first, it was not a problem, but it was just a little troublesome.

Soon, all the exchange offices in Kyoto were crowded with the rich and powerful who wanted to exchange their treasures.

In the face of a run on the bank, the Ministry of Accounts does not reject anyone who comes, and accepts all banknotes as long as they are genuine.

Massive amounts of gold and silver were scattered.

The gold and silver exchanged in just one month exceeded tens of millions of taels.

And with such a huge amount of gold and silver spilled out, the exchange gradually calmed down.

Some people began to try to save some treasures.

And under such circumstances, the Ming court quickly issued a new order. From now on, all the salaries of the Ming Dynasty will be distributed in treasure notes, and no food, copper coins or gold and silver will be distributed.

At the same time, the materials purchased by the Ministry of Finance will also be replaced by new-style treasure notes.

Exchange offices were opened in various regions, under the control of the household department, and the Jinyiwei was responsible for supervision. In addition, Zhu Di set up the Dongji Incident Factory, headed by a trusted eunuch, who was responsible for supervising the Jinyiwei.

In this case.

The treasure banknotes began to spread quietly and infinitely towards the entire Ming Dynasty.

In less than three months, treasure notes began to appear in the market.

When treasure banknotes are equivalent to gold and silver and can be exchanged at any time, the advantages of treasure banknotes are instantly reflected.

Banknotes are easier to keep, carry and transport.When you go out, just stack them together and put them in your pocket!Metal coins are too small to be lost, while precious notes are safer.

Especially with the beginning of the prelude to the age of great voyages, the commercial activities of the entire Ming Dynasty became more and more frequent, and the use of currency gradually changed from the small peasant economy.

Large-amount transactions have become the norm, and it is undoubtedly extremely inconvenient to trade with gold and silver at this moment.

Especially those workshop owners.

With their repeated voyages to the West and trade with overseas countries, their orders have increased.

Transactions of millions of taels of silver are common. For such a huge transaction, how much gold and silver is needed, and only a stack of banknotes is enough. It goes without saying how to choose.

Especially after it was discovered that banknotes could really be exchanged at any time, some people began to try it.

As soon as someone started, banknotes quickly became popular.

Within half a year, banknotes and gold and silver were already circulating in the market.

Both the dignitaries and the common people began to gradually accept the treasure banknotes.

Although there is still some hesitation.

Especially the common people, most of the common people exchanged or used them for gold and silver as soon as they got the treasure banknotes.

But it's a good start after all.

It was even smoother than Zhu Di and Xia Yuanji expected.

You must know that the previous treasure banknotes, with the continuous printing and distribution of Taizu, have become a bit of a bad street trend.

The value of treasure money has been depreciated again and again.

It is not so easy for people to accept the new banknotes.

But I didn't expect that after Jiang Chen's method and Xia Yuanji's perfection, there would be such an effect in a short period of time.

This undoubtedly made both Zhu Di and Xia Yuanji breathe a sigh of relief.

"Your Majesty, in another three to five years, treasure banknotes will be able to completely replace gold and silver. At that time, gold and silver can be banned from being used as currency."

"Mr. is indeed a great talent!"

Xia Yuanji spoke with a smile, and his expression couldn't help being excited.

Such a feat had never been done before in all ages, and he accomplished it.

He could already imagine that his status in the history books might be even higher than that of Sang Hongyang.

At the same time, he also sighed with emotion that the talent of the gentleman Zhu Di talked about, such a perfect system, such a systematic method, can be formed in one person's thinking.

"That's right, you've done a great job this time!"

"Natsuhara Yoshi!"

Zhu Di laughed and nodded, then his expression changed.

"Chen is here!"

Xia Yuanji quickly saluted.

"From now on, I will seal you as Prince Shao Fu!"

Zhu Di spoke.

"Thank you, Your Majesty!"

Xia Yuanji saluted.

"Okay, hurry up and take care of things. I still need to rely on you for the Ming Dynasty!"

Zhu Di smiled and nodded.

"Yes!"

Xia Yuanji bowed and stepped back.

The changes in the entire Ming Dynasty have further embarked on an unknown path.

No one knows where this road will lead.

Because history has completely changed.

At this moment, the Ming Dynasty not only started the Age of Discovery and controlled the South and West Oceans, but also prevented the fate of being washed away by gold like Europe.

Everything is completely different.

But no one knew it at this moment.

Even Zhu Di didn't know what all this meant.

At this moment, he just wants to establish an unprecedented dynasty, a dynasty that is enough for him to speak loudly with his father, and a dynasty that is enough to prove himself.

As for the rest, he could not understand or understand it yet.

As for Jiang Chen, he also didn't know about all the changes in Da Ming, after all, he was just bragging in what he thought was a middle and second group.

The night gradually passed by, and the changes in Daming were quietly going on.

On the other side, the monarchs and ministers of the Song Dynasty couldn't hold back.

That's right, I couldn't hold back.

The times are inconsistent. It has been more than a year since the time and space of the Ming Dynasty, and it has only been a few days in the Song Dynasty.

At this moment, the little emperor is already telling his teacher what happened in the group.

(End of this chapter)