…

The father and son came in chatting all the way.

Zhu Guoxiang said: "Those Jews should be able to assimilate quickly after being dispersed, right?"

"How can they preach when they have no money and are a single family?" Ju Ming said: "The biggest weapon of the Jews is money, and then they strengthen the ethnic group through marriage and blood. For example, the richest Jew, Mr. Li, had his house ransacked this time.

If you are thrown into Youzhou, you will have to learn farming honestly to survive. Even if you are very good at running the business, you will at most become a small landowner in twenty years."

Zhu Guoxiang said: "That's good."

Because there were eunuchs around him, Ju Ming couldn't mention his name: "I have to learn from that one. We will issue an edict next year that aliens from far away are not allowed to marry within the same race. We force them to intermarry with the Han people. After two or three generations, they will all be Chineseized."

"I heard that there are many black slaves in Guangdong," Zhu Guoxiang said.

Ju Ming said: "I asked carefully and found that most of them were black slaves from Nanyang, and they were all men. Even the poorest Han women would not marry black slaves, and did not even treat them as human beings. In the former Song Dynasty,

In more than a hundred years, there has never been a native black slave in Guangzhou. As long as it doesn't spread, the court doesn't have to worry about it."

When the father and son came to the council hall, the important ministers of the cabinet were already standing at the conference table, bowing to them in unison.

Zhu Guoxiang sat down and said, "Today's meeting will be chaired by the prince."

After hearing the words, all the ministers had ideas.

Because the emperor has become more and more careless recently, leaving everything to the prince, and today he even asked the prince to preside over the imperial meeting.

The imperial meeting of the Ming Dynasty was actually the small court meeting of the Tang and Song Dynasties.

Ju Ming was not polite, made some opening remarks, and quickly got to the point: "Next, we must take advantage of the trend to rectify the national financial industry, that is, pawn, exchange, deposit, lending, exchange and other related businesses. Not only in Kaifeng, but also across the country.

Rectify."

"First, the employment contract of a slave is not allowed to be used for mortgage or pawn. People are people, not goods!"

"Second, the maximum lending rate is based on the "Da Ming Law"."

"Third, allow private businesses to operate banknote shops (banknote exchange)."

"Fourth, try to issue Ming Dynasty treasure banknotes in the six major cities where shipping companies are located, as well as in Jiangling, Jiangzhou (Jiujiang), and Yangzhou. Businessmen are not forced to subscribe. Everything is done voluntarily. For large transactions, they will definitely use the treasure banknotes to replace them.

convenient."

In ancient society, no matter how much the financial industry was regulated, there was only so much it could do.

Things like deposit reserves cannot be collected at all.

Officials can use this to bankrupt relevant shops, and ordinary people have no place to save or borrow money.

And there is no need to charge a deposit. Stores where people are willing to deposit money must be strong in the local area and have an excellent reputation.

As for allowing private businesses to host banknote shops, it was to promote Ming Dynasty treasure banknotes and to facilitate the economic life of merchants and people.

The banknote shop existed as early as the early Northern Song Dynasty, and a large number of banknotes were stored in the store.

There are businessmen who want to go out for business, or people who want to travel far away, and metal currency is not easy to carry, so they take the metal currency to the banknote shop to exchange for banknotes. The banknote shop usually charges a 3% handling fee.

But with the collapse of banknotes, all those banknote shops closed.

The Baoquan Bureau used by the Ming Dynasty to issue and exchange banknotes could not be set up in every city, so it could be solved with the help of private banknote shops.

That is, the imperial court selected two or three big cities to set up Baoquan Bureau in the provinces that needed to issue banknotes.

In other small cities, private traders opened money shops.

Private merchants went to Baoquan Bureau to subscribe for banknotes, and then took them back to their small cities to help the court with the issuance and exchange of banknotes.

"Who has any objections or additions?" Zhu Ming asked.

Zhang Shuye, who joined the cabinet this year, said: "In Chang'an, Taiyuan and Zhending, treasure banknotes are also issued to facilitate merchants to transport military supplies to the border. It is more convenient to transport military supplies to save the cost of transporting military supplies to the border. In the future, even if

The Chinese system has collapsed, and as long as the Ming Dynasty treasures can still be used, merchants will be willing to continue to lose sides to the imperial court."

Qian Chen said: "What Mr. Zhang said is absolutely true. My suggestion is to issue treasure banknotes in every provincial capital within five years. According to feedback from merchants in Sichuan and Hanzhong, they like to use treasure banknotes very much and have repeatedly requested

The imperial court increased the circulation. Sichuan merchants did this, and merchants in other provinces could also accept it."

In fact, merchants in Sichuan used Ming Dynasty banknotes as money orders.

Moreover, compared with ordinary money orders, Da Ming Bao Chao no longer has to bear the handling fees for cashing in other places, and can even be used directly to pay taxes in other places. It not only facilitates buying and selling, but also saves costs.

Take Li Bangyan's move to Hangzhou as an example. When a capital draft of 100,000 guan was cashed in Hangzhou, Li Bangyan was charged a handling fee of 1,000 guan. Logically speaking, the 1% handling fee is not high, but there is a lot of money that cannot support the exchange.

If the imperial court established Baoquan Bureau in both Tokyo and Hangzhou, Li Bangyan would be able to save this thousand dollars since Baoquan Bureau does not charge handling fees.

Similarly, the more cities where Baoquan Bureau is established, the handling fees of private banknote shops will also decrease.

In the past, banknote shops charged 3% for currency exchange. As competition becomes fierce, it will gradually drop to 2%, 1%, or even less. Banknote shops and customers must reach a subtle agreement based on their respective costs and benefits.

market equilibrium.

After Zhang Shuye and Qian Chen made their own suggestions, the rest of the cabinet ministers said nothing.

Seeing that the business was over, Zhu Guoxiang suddenly said: "I plan to abdicate and become the Supreme Emperor."

The important ministers were shocked when they heard this and were all dumbfounded.

Although he knew that the emperor was delegating power to the prince, he did not expect to abdicate directly!
Chapter completed!