Wanli Arrived - Chapter423

Actually, there was no need for Zhang Xueyan to say anything. Having more money was originally a good thing. However, what kind of people were present? Of course, they would not think about this problem from such a narrow point of view.

In this era, cheap grain hurt farmers. Every official understood this.

When silver was no longer valuable, then the people at the bottom of the social hierarchy would definitely go bankrupt.

Once they went bankrupt, then the imperial court would definitely not be stable. This was a truth that everyone understood.

Listening to Zhang Xueyan's words, even those who did not understand understood. That was, with the large inflow of silver, money would be worthless. There would only be one result: cheap grain hurt farmers.

After realizing this problem, everyone's expression turned serious.

When Zhang Xueyan finished speaking, Zhu Yijun nodded and said with a smile, "Zhang, you said it very well. Today, I asked you to come here for this matter."

At this moment, all the officials present were in a trance. That was the solution to this problem.

According to Zhang Xueyan, the only way to Daming was to close the Moon Port and restore the ancestral system. The plates were not allowed to go into the sea.

However, the truth was that it was easy to open it up, but it was difficult to close it up.

The imperial court's navy was not strong, and the local navy was not trustworthy. Even if you wanted to use force, you could not do anything.

At this time, someone suddenly remembered something. It was the navy that the emperor had set up.

However, this navy did not need the Ministry of Revenue to pay, so everyone subconsciously ignored this navy.

In addition, until now, this navy had not appeared, so everyone was even less concerned.

But now that they thought about it, the emperor definitely did not have this idea today. This was premeditated long ago.

The emperor had probably been eyeing the Shanghai Trade for more than a day or two. The question now was what the emperor wanted to do.

Everyone was actually quite worried. After all, the imperial court could not be in a mess anymore.

Although the imperial court had a lot of strategies recently, everyone knew that this was only a change in the central strategy. If they wanted to implement it to the local level, there would not be results without at least ten years.

The Great Qin Empire was strong for six generations. If the emperor was too anxious, there would be problems, such as Emperor Yang of Sui.

Zhu Yijun glanced at everyone present. Seeing that no one spoke, Zhu Yijun turned to Zhang Jing and said, "Bring the things in!"

Not long after, the four eunuchs behind Zhang Jing carried in four large wooden boxes.

Zhu Yijun asked Zhang Jing to put the wooden box on the ground and said, "Open it!"

Following Zhu Yijun's words, the little eunuch reached out and opened the box.

All the ministers looked into the box and were immediately attracted by what was inside.

It was a wooden box filled with copper coins. Unlike copper coins, there was no empty space in the middle. It was a complete circle.

He picked it up and took a look. He found that not only was the copper coin heavy, but it was also very comfortable to the touch. The patterns on it were also very beautiful.

On one side of the coin were four words: Wanli Tong Bao!

On the other side was a huge mountain.

At a glance, the ministers knew that it was Mount Tai. At the bottom of Mount Tai, the words Daming Wanli's Fifteen-Year System were printed.

This was a new type of copper coin. Everyone immediately understood in their hearts.

In the other large box, there was also another type of coin.

It was the same printing method, but the size was much larger than the copper coins. The front side was also printed with the words Daming Wanli Tong Bao.

At the back was a large river. At a glance, everyone could tell that these were silver coins.

The Emperor was going to issue new coins!

Everyone was taken aback. This was a huge matter!

Zhu Yijun didn't look at the crowd. Instead, he turned to look at the Chief Steward of the Ministry of Internal Affairs, Li Shenxing. "How many Royal Banks are there now?"

"Replying to Your Majesty, there are currently 38 Royal Banks. Among them, there are three in Shun Tian Province, four in Ying Tian Province, and two in Daming Province and 13 provinces. Each province has at least two Royal Banks. The next round of Royal Banks is also in the process of selecting locations."

Zhu Yijun nodded. He was quite satisfied with the work of the Ministry of Internal Affairs.

"Who is the person in charge of the Royal Banks now?" Zhu Yijun looked at Zhang Jing and asked.

"Yes, Your Majesty, it's Li Ying!" Zhang Jing didn't even think before replying.

These coins were created by people that Zhu Yijun had long ago. They were made by hydraulic stamping.

Not only were they sturdy and durable, but they were also beautiful. This was what Zhu Yijun wanted to use to replace the current coins on the market.

The Daming currency was very chaotic. The copper coins on the market were mixed with good and bad, and there were many counterfeits and counterfeits.

These coins were all treated as real money. Moreover, there were people smelting copper coins to obtain copper, which was used to forge all sorts of utensils.

Adding on the large scale use of silver, the Daming currency system was not far from collapsing.

Coins made of hydraulic stamping could greatly reduce this situation.

Firstly, this was an alloy coin, which was difficult to make and difficult to counterfeit. Secondly, the cost of forging was high, and there was basically no profit from forging fake coins.

As for smelting, it was very difficult, and if one smelted pure copper or pure silver, they would definitely suffer a loss.

Zhu Yijun gave Zhang Jing a look, and Zhang Jing walked over and picked up a silver coin. He put it to his mouth and lightly blew on it, causing a pleasing sound to ring out.

"These are newly made silver coins. Each one is worth seven copper coins, which is worth one tael of silver."

Hearing this, everyone's hearts trembled, and their mouths couldn't help but twitch.

Their Majesty was truly black-hearted!

Using seven copper coins to make one tael of silver, the imperial court would make a profit of three copper coins.

If all of the silver in the world was exchanged for this kind of silver, wouldn't the imperial court gain 30% more?

Of course, Zhu Yijun knew what these people were thinking, so he directly said, "Adding on the labor and other costs, the cost of forging a silver coin is one tael of silver."

Of course, this was just what Zhu Yijun said. In reality, the cost of a silver coin was eight copper coins.

"We are preparing to issue new coins, using copper coins to replace copper coins, and silver coins to replace silver taels."

Zhu Yijun directly said, "The first experiment will be conducted in Shun Tian prefecture. The imperial court's purchases and the officials' salaries will all be in new coins."

This was also Zhu Yijun's idea. If he were to promote it himself, who knew how long it would take.

But the imperial court's purchases and the officials' salaries were the best way to promote it. You had to do it whether you wanted to or not.

For example, if the army wanted to buy food, would you dare to refuse silver coins?

If the imperial court's officials and Honours used silver coins to buy things, would you dare to refuse?

If it wasn't for the fact that Zhu Yijun didn't have much silver on hand, he was prepared to exchange it all over the world.

As for the bank run, Zhu Yijun wasn't worried at all. Seven copper coins for one tael of silver. You do it.

No matter how much you want to exchange, I'll exchange it for you. Take your silver coins to forge coins, and then we'll exchange.

For this, Zhu Yijun prepared 10 million taels of silver coins and 50 million copper coins.

This money basically emptied out all of Zhu Yijun's assets. There was no more money.

"Li Shenxing, the three royal banks in Shun Tian prefecture will begin to exchange for new silver coins from tomorrow. Shun Tian prefecture will gradually complete the exchange within three months. In Shun Tian prefecture, the use of silver is strictly prohibited."

In any case, Zhu Yijun had made up his mind to curb the depreciation of silver.

Once the silver was collected, it would be up to them to make coins.

In the early stages, everyone could exchange, but this kind of thing definitely wouldn't last for too long, because Zhu Yijun wouldn't use all of his silver to make silver coins.

When would it stop?

Of course, it would wait until everyone accepted and got used to silver coins, and then reduce the exchange rate.

Once the exchange rate was reduced and the silver couldn't be spent, your silver would rot in the cellar!

Let's see who still dared to accept foreign silver. If you accepted silver and couldn't spend it, let's see if you still accepted it.

Of course, there was a solution, and that was to exchange things. Keep the silver for yourselves!

As for whether or not it would hurt the common people, Zhu Yijun wasn't worried at all. The common people of Daming were very poor. Not to mention rare things like silver, there weren't many copper coins in their homes.

Most of the silver was hidden in the hands of Honours and sea trade merchants.

Although silver coins couldn't be promoted nationwide for the time being, this matter must be publicized and let the people of the country know.

That way, these big families wouldn't have to transfer the money to the ordinary people.

Once the news spread, silver would instantly be everywhere, and you wouldn't be able to spend it.

This would lead to a run on silver coins, but Zhu Yijun definitely wouldn't release so many silver coins. After all, the imperial court's currency was still mainly copper coins.

To put it bluntly, Zhu Yijun wanted to waste the wealth of those big merchants.

You guys can keep saving silver, you won't be able to spend it in Daming.

Zhu Yijun didn't doubt the sentiment of the common people of Daming. Even in the future where science was so advanced, once rumors spread, everyone would go crazy, let alone in this era.

Buying Radix Isatidis and Salt were things that people in the future would do.

In this era, once the news of the imperial court abolishing silver was spread, silver would instantly become something that no one wanted.

The big families that had saved up silver would either wait for the imperial court to slowly exchange it for silver coins, or use it to buy things!

Go overseas to buy things that could be used in Daming. Grain, cloth, or even jewelry and spices. In any case, buy whatever you can. It all depends on your ability.

Bring the things and sell them for silver coins. This was what Zhu Yijun wanted them to do.

Many times, it didn't take too much effort to make use of public opinion.

However, doing this would be too hateful. All the big families in the world would probably hate him to death.

However, Zhu Yijun didn't care at all. If you have the ability, then go ahead and rebel. Big Brother Emperor's backing was very strong now.

The officials didn't hear Zhu Yijun's sinister intentions. After all, silver could be exchanged for silver coins. They could just use their own silver to exchange.

How could they know that Zhu Yijun wanted to tighten the monetary supply? Once silver became worthless, silver probably wouldn't even be able to be exchanged for copper coins.

Copper coins could be exchanged for copper coins and could be used, but if silver couldn't be exchanged for silver coins, then it was useless!

In any case, Zhu Yijun didn't intend to open the Royal Bank to exchange silver coins for copper coins.

If silver wanted to be exchanged, then it could only be exchanged for silver coins. Don't even think about exchanging copper coins.

Zhu Yijun didn't think that there would be any idiots among the common people who would be willing to exchange copper coins for silver. If they did, then they would have nothing to eat!

As for the internal factories that were deeply rooted in Daming's 2 capitals and 13 provinces, they were the best of the best.