Chapter 23 Jiaozi System
An error occurred while processing s private files
Both Li Hu and Fan Zhichang have estimated that there is great resistance to implementing this policy, but this policy seems to be the only way to save the finances and must be tried.
When Fan Zhichang was in Sichuan and Sichuan, he had thought deeply about the reform strategy and discussed it with the wealthy merchants in Sichuan and Sichuan many times. He was very confident about the results of this strategy, but he had to convince Li Hu. Fortunately, Li Hu was forced to be impatient by the financial crisis and was in a hurry to seek medical treatment. When he heard Fan Zhichang's high arguments, he was like catching a life-saving straw and never letting go until his death.
Li Hu announced the end of the deliberation. The court is currently busy with the new emperor ascending the throne and establishing the supreme power structure. At this time, Li Hu suddenly launched a shocking financial reform strategy, which immediately caused an uproar in Chang'an. The court was even more unable to understand Li Hu's intentions and everyone was worried.
Li Hu returned to the commander's mansion and urgently summoned Yan Qing.
Yan Qing waited in the commander's mansion after Li Hu returned to Chang'an, but Li Hu had no time to see him. It was not until noon the next day that Yuanye appeared in a hurry and said that the commander-in-chief had invited him.
"How long has it been?" Yan Qing asked behind the wilderness.
"About a minute," said Yuanye. "The general manager invites you to have a meal together and talk while eating. You should hurry up and pick up the important ones."
Yan Qing smiled bitterly. What can you say in a moment?
"Tomorrow is the emperor's throne ceremony, so I will follow it. I will be busy with the funeral of the late emperor, and also discuss the matter of the regent and the assistant minister. The general will definitely have no time in the past few days." Yuanye explained in a low voice, "You have also seen that there are too many people waiting in the mansion to meet the general. I really can't arrange more time for you."
Yan Qing thanked repeatedly. Yuanye, the head of the general's mansion, is a third-rank official. He is now in the capital. His ability to come forward to entertain Yan Qing himself has already made Yan Qing feel that Li Hu attaches importance to him, which gradually calms down his uneasy mind.
Walking into a small garden and turning along the corridor to the side room, Yan Qing saw Li Hu, Dong Xiaochou, Luo Qinghan, and a handsome young man. Luo Qinghan took the initiative to introduce him, and then he realized that this person was Fan Zhongyan's grandson Fan Zhichang, and immediately greeted him again.
Li Hu warmly invited Yan Qing to sit down
He came to his side and thanked him for more than half a year. He spared no effort to deliver money and food to the Hu Lie Army, then leaned over to his ear and asked in a low voice: "How is your relationship with her?"
Yan Qing was a little flattered to the intimacy shown by Li Hu. Today's Li Hu is completely different from Li Hu a year ago. In Yan Qing's eyes, Li Hu is already the hero of the world and is almost not ascending the throne and becoming emperor. Yan Qing's face turned red and was quite embarrassed, "General General, what's the courage to do if there is nothing?"
"I have a thief's heart but no courage?" Li Hu joked.
"Master General, I keep your words in mind..."
"It's different now." Li Hu patted his shoulder and said with a smile, "If she wants to follow you, then don't hesitate to take it for herself, and I support you."
Yan Qing's face turned redder. Dong Xiaochou and Luo Qinghan had heard Li Hu talk about Li Shishi, and knew it well, but they didn't point it out. Fan Zhichang didn't know what the two were muttering, but he was surprised by the intimate relationship between Li Hu and Yan Qing.
"How did you live in Jinghu this year
Like?" Luo Qinghan asked.
"I am about to report this to the General Commander and the two envoys." Yan Qing was about to continue speaking, but Li Hu interrupted him, "Eat and have a meal. If I don't talk about this today, I have more important things to ask you."
"When will I see the general manager again?" Yan Qing asked hurriedly.
"Are you in a hurry to have something to do?" Dong Xiaohou was very surprised and pointed at Li Hu, Luo Qinghan said, "We are all here today, and we need to discuss something with you."
Yan Qing looked at Yuanye in confusion. Li Hu immediately understood and then said to Yuanye: "Tell the two prime ministers that I will go to the conference hall tonight and all the matters will be handled until night."
Yuanye agreed and got up and was about to leave. Li Hu grabbed him, "What's the hurry to leave after dinner?"
Yuan Ye was about to explain, Luo Qinghan waved at him, "Sit down, sit down. Do you want to know what Yelu Ma Ge is doing recently?"
The wilderness suddenly
When he became interested, he immediately sat next to him, "Have Yelu Ma Ge regained his front condom?"
Luo Qinghan nodded, "He knew that the Jurchens could not make any moves for the time being, so he immediately joined forces with the Bu people to attack Dangxiang."
"In this way, as long as we have money and food, we can attack Helan Mountain in winter." Luo Qinghan turned his head and looked at Yan Qing, "This is what we are talking about with you today."
"I'm going to hit Helan Mountain this winter?" Yan Qing asked in surprise.
"If you have money and food, we will definitely fight." Dong Xiaohou smiled, "Eat first, and then ask Mr. Fan to explain our financial reform strategies to you."
=
Several people finished their meal quickly. Yuanye hurriedly left, while Fan Zhichang briefly explained the main strategies of financial reform to Yan Qing, followed by very specific implementation methods. Before Fan Zhichang arrived in Chang'an, he had repeatedly discussed these implementation methods with wealthy businessmen in Sichuan and Sichuan, which were very feasible.
New
The financial system adheres to the basic principle of "leniency and freedom, and not suppress mergers", focuses on the creation of wealth, vigorously develops handicrafts and commerce, further promotes the development of industries such as mining, textiles, processing and transportation, and gradually reforms the tax system, especially the commercial tax system, so as to optimize resource allocation, rationally allocate wealth, alleviate social conflicts, strengthen national strength, and strive to unify and stabilize Middle Earth in the shortest time.
In terms of specific policies, it is mainly to encourage big landlords and merchants to use the wealthy money to develop handicrafts, solve the surplus labor force with the prosperity of handicrafts, promote faster development of commerce, and allow the country, big landlords and merchants and ordinary people to benefit from it on the basis of the continuous increase in total wealth.
Starting from eased the current financial crisis of the imperial court, Fan Zhichang came up with several specific implementation measures, and the core of these measures is the "Jiaozi" system.
The so-called Jiaozi is a paper currency. In the early days, it was a deposit certificate. Because it was inconvenient for merchants to carry gold, silver and copper coins, they handed the cash to Jiaozi shops. The shop filled in the deposit amount on a roll made of mulberry paper, and then handed it back to the depositor, and charged a certain storage fee. The mulberry paper coupon that temporarily filled in the deposit amount was called Jiaozi.
Paper
The emergence of coins was due to the need for commercial development. At that time, iron coins were used in Sichuan and Shu areas. It took about 20,000 iron coins to buy a piece of cloth, weighing about 500 kilograms, which was too inconvenient. So some merchants invented Jiaozi, which was also an important reason why paper money first appeared in Sichuan and Shu.
During the Jingde period of the Song Dynasty (1004 to 1007 AD), Zhang Yong, the governor of Yizhou, rectified the Jiaozi shops, eliminated the illegal people, and was run by sixteen wealthy merchants. At this point, the issuance of "Jiaozi" was recognized by the court. In the first year of Tiansheng, Emperor Renzong (1023 AD), the court established the Yizhou Jiaozi affairs, and the Beijing officials served as the supervisor, presided over the issuance of Jiaozi, and established a papermaking institute, and strictly printed the process. This was the earliest official banknote issued by the government in China, called "Justice Jiaozi".
The emergence of "Jiaozi" has facilitated business transactions, made up for the lack of cash, and greatly promoted the development of business.
=
In the reform of the financial system, Fan Zhichang took the lead in proposing to implement the "official servant" system across the country in order to further promote business development.
Although the Song Dynasty has been established for more than 160 years, the national currency is not unified, and there are several currency areas.
, each of them is in charge of their own affairs, and they are not common to each other. For example, among the various roads of the Song Dynasty, there were thirteen roads of common currency that were copper coins, and four roads of common currency that were iron coins. The two roads of Shaanxi and Hedong roads were both used. In addition, currency outflows were strictly prohibited in each currency zone, and the use of paper money could prevent the outflow of copper and iron coins.
With the continuous development of commerce, more than a hundred years later, all the southern borders of the Song Dynasty basically implemented the "Jiaozi" system.
In the first year of Daguan (1107 AD), Cai Jing reformed the "Jiazi" system, changed "Jiazi" to "Qianyin", and changed "Jiaziwu" to "Qianyinwu". Except for Sichuan, Shu, Fujian, Zhejiang, Huguang and other places, "Jiazi" were still used, other routes were changed to "Qianyin". Later, Sichuan and Shu were also changed to "Qianyin".
Cai Jing's purpose of reforming the "Jiaozi" system was to save the fiscal crisis. The treasury was in short supply and the fiscal deficit was getting bigger and bigger. What should I do? Cai Jing thought of "Jiaozi" and decided to make up for the fiscal deficit by issuing paper money. However, the fiscal deficit was getting bigger and bigger and couldn't make up for it. So the paper money was printed more and more, depreciating sharply, inflation occurred, and the finance finally collapsed.
The people of Sichuan and Sichuan first created "Jiaozi" and opened "Jiaozi Shop". The Jiaozi system was implemented for more than a hundred years, and they knew "Jiaozi" well.
The huge driving effect on commercial development and the huge economic value contained in Jiaozi business itself, so when Fan Zhichang convened the Sichuan and Sichuan Jiaozi businessmen to discuss the reform of the financial system, they immediately came up with a series of reform plans with "Jiaozi business" as the core.
These plans are the development strategies summarized by Sichuan and Shu Jiaozi merchants after more than 100 years of business accumulation. They are very operational. They try to gain political power through the influence of economic policies, and then ensure that they can continuously obtain more wealth and protect their wealth from losses.
=
After listening to Fan Zhichang's financial system reform plan, Yan Qing praised the situation.
"The reform plan proposed by General Manager and Scholar Fan coincides with my ideas." Yan Qing said excitedly, "During this period, I have frequently contacted the wealthy businessmen and wealthy businessmen in Jinghu and the west of Jingxi. When we sit together to discuss the strategy of revival, we often start with the Jiaozi system. As for the current situation, if we want to reverse the financial crisis, we must first save Jiaozi and reform the Jiaozi system, and then industry and commerce can gradually get on the right track."
Then he briefly explained the financial system reform measures discussed by himself and the merchants in Jinghu and the west of Jingxi. As expected, he was similar to Fan Zhichang's reform plan. The core part of the reform is the Jiaozi system. The key to promoting business development is to require a complete monetary system.
Under the repeated explanations of Fan Zhichang and Yan Qing, Li Hu, Dong Xiaochou, Luo Qinghan and others began to have a rough understanding of the Jiaozi system and the huge impact of this system on finance.
"The Jiaozi system is too complicated, we three..." Li Hu pointed at Dong Xiaochou and Luo Qinghan and said, "We just need to understand it. As for the specific strategies and plans for the change, when all the huge merchants and wealthy merchants in Sichuan, Shaanxi, Jing, Xiang and other places arrive in Chang'an, the court will discuss it with them."
"So, the Chief Commander and the two of you agree with my financial system reform plan?" Fan Zhichang asked in surprise.
"We have no choice." Li Hu smiled, "The prime minister and the ministers in the court cannot come up with a way to save the finances, so we can only support you."
"No matter what the result is, we have to give it a try." Dong Xiaohou stroked his beard
He said, "Since the Qingli New Deal, the reforms of the Song Dynasty lasted for decades, but ultimately failed. We must learn from the lessons and try to take a new path. If successful, it will not only help us unify Zhongtu, but also help the people of the world live a peaceful and prosperous life."
"Don't be afraid, the general manager and we will always support you and stand on your side." Luo Qinghan waved his hand vigorously, "Any change will have to pay a price. If the resistance is too large, we will firmly eradicate the resistance like Cai Jing."
Chapter completed!