I, the Ming Dynasty, can still save me

Chapter 393 Zhu Youxiao’s suggestion
Zhu Youxiao just made a brief estimate in his mind of the silver reserves owned by the Ming Dynasty.

Including the internal funds, the money deposited in the Ministry of Household Affairs, and the newly escorted salt tax money, there are about 3000 million taels.

But this was just a drop in the bucket compared to the silver reserves of the entire Ming Dynasty.

Zhu Youxiao had read an article in his previous life, which detailed China's silver production in past dynasties, plus the silver inflow from overseas in the middle and late Ming Dynasty, which added up to about [-] million taels.

Therefore, even if Zhu Youxiao turns all 3000 million taels into silver coins, it will only account for [-]%. Compared with the amount of silver used by the people, this number is not enough at all.

Even if all 3000 million taels of silver coins were invested among the people, it would not cause any trouble to the people of the Ming Dynasty.For the people, it is just a new currency.

Therefore, further currency reform was carried out, and in order to allow the court to generate better income, the court was allowed to collect the price difference and profits from the minting.He must find a way to encourage people to voluntarily hand over their silver to Baoquan Bureau and exchange it for silver coins or copper coins.

Thinking of this, he sorted out his thoughts and said solemnly to Liu Yisui, Xu Guangqi and others:
"I have long heard that wealthy businessmen among the people like to hide their money in the cellar of their homes and never use it again after making money. I thought that we must encourage people to actively exchange their silver and copperware for silver coins and copper coins."

As soon as these words came out, everyone looked at each other in shock.They are naturally smart people, and they naturally understand the emperor's purpose of doing this.

Zhu Guozhen was the first to stand up and object:
"Your Majesty, I'm afraid it's difficult to do this. The currency value on the market is complicated. Since Taizu, every time a new emperor ascends the throne, a large number of coins will be minted. The common people hold the treasures of various dynasties. In their opinion, as long as they are silver taels and coppers, the rest will be fine. They won't care.

If the people are allowed to take the initiative to exchange, except for the slight benefit to the court, if there is any benefit to the people, it will only increase trouble.If the imperial court forces people to exchange silver and copper coins for this reason, it will be troublesome if the officials below mishandle the situation and public resentment boils over. "

When the others heard what Zhu Guozhen said, they also nodded secretly, feeling that what Zhu Guozhen said made sense.

After hearing the emperor's idea just now, they suddenly felt that it was not feasible.I thought there was another good way to get people to exchange silver coins and copper coins, but it was nothing more than force.This method of disturbing the people is absolutely unacceptable to them. If one person cannot do it well, someone below will force the people to exchange, fearing that they will resist the mining tax again.

Seeing the opposition from everyone below, Zhu Youxiao was not surprised or even bothered, because he had an idea in his mind.

"My dear friends, you are worrying too much. Who said we have to force it? What I said is to let the people take the initiative to exchange. I have also thought of a way. You can listen and see if it is appropriate."

When everyone heard that the emperor did not force the people, but wanted them to exchange money voluntarily, they were even more confused. They didn't know what better way the emperor could come up with.

Seeing everyone's confused eyes, Zhu Youxiao thought for a moment and then explained in an orderly manner.

"Xu Aiqing just said that there is eight percent (8%) profit in making silver coins, and 80% to 30% ([-]%-[-]%) profit in making copper coins. As the saying goes, everything in the world is for profit, and everything in the world is for profit. Come.

As Zhu Aiqing said just now, forcing the people to exchange will only increase conflicts and make the people resentful. When the time comes, the Shenzong Dynasty's resistance to the mining tax will definitely happen again.

Therefore, my idea is to give benefits to the people. Only by giving benefits to the people will the people take the initiative to exchange the silver for silver coins. They will not resent the court, but will be grateful. "

Benefit?

Seeing the emperor's words, everyone present was confused at first, but then they understood what he meant.

The emperor's intention was too obvious. Since he could not be forced, he should give up some of the profits from the imperial coinage to those who were willing to go to the Baoquan Bureau to exchange silver and copper coins. "I just don't know how your Majesty wants to give up the benefits, and how much profit he wants to give up."

At this time, Zhu Guozhen no longer objected, but was very interested in the emperor's idea of ​​"giving up profits".

"It doesn't need to be too much. The profit of silver is eight cents. Just two cents is enough. Copper coins shouldn't be too much. Just five cents is enough."

As soon as these words came out, everyone began to make calculations, and many people nodded after thinking about it.

"This is very good. If the concession is beneficial to the people, the people will definitely be willing to take the initiative to exchange their silver coins and copper utensils into silver coins and copper coins. But is the benefit of the copper coin concession too small?"

Zhu Guozhen felt that what the emperor said was very reasonable, but he also had some doubts in his heart.

Silver coins are okay, and the profit from copper coins is as high as [-]% to [-]%, but now the profit is only [-]%, which is too harsh. Since the profit is given, it should be larger.

But as soon as he finished speaking, Ye Xianggao shook his head and stood up.

"No, in my opinion, the profit is too high. The profit is five cents, and pure copper worth one hundred cents can be exchanged for one hundred and five cents. Even though this amount is not much. But such a good business will definitely attract many people. They are flocking to it, and they even wonder if the court has any other intentions. It is okay to give up four or three points of profit. "

Zhu Youxiao listened to Ye Xianggao's words and thought that Ye Xianggao was indeed sensitive to finance, taxation and numbers, and immediately knew the key.

This profit margin is indeed not high, but it is precisely because it is not high that people believe it.

If you directly offer a [-]% discount, no one will be willing to exchange it, lest the court will deceive you.

"That's true, but it can't be too low. If it's too low, no one will be willing to redeem it. And it can't be liberalized on a large scale. It's only limited to the location of the Baoquan Bureau. Otherwise, there will be a swarm of people, and there will be chaos.

Also, the Baoquan Bureau doesn't just come and exchange money. There is a certain amount of silver coins and copper coins that must be exchanged every month. Once it is full, you have to wait until the next month.In this way, the people will definitely cherish the exchange quota, feel that this kind of benefit is not easy to obtain, and will definitely exchange it enthusiastically. "

Listening to the emperor speaking out so many fantastic ideas, everyone secretly marveled and thought that the emperor had really good ideas. Among the people, he was definitely a business genius.

"Your Majesty has a keen eye. Doing this will definitely make the people who have successfully redeemed money feel grateful to the court and not feel resentful."

"Indeed, if it is piloted in three places and there are monthly exchange quotas, it will not easily cause local confusion. If it does not work, it can be further modified or abolished."

After hearing this, Shen Guan immediately bowed and agreed. Everyone else also felt that this was feasible and had no other questions, so they all agreed.

Seeing everyone praising this good idea, Zhu Youxiao also smiled slightly and thought to himself, where is this? There will be many financial tricks in the future.

"Okay, that's it. But since we have to cast and exchange coins, it must involve money matters. I think that in the future, Baoquan Bureau will be taken out separately and let the Ministry of Accounts and the Ministry of Works jointly manage it."

(End of this chapter)