Chapter 203: Monetary Policy of the Ming Dynasty

Chapter 204: Monetary Policy of the Ming Dynasty (Subscription Request)
Outside Tonghui River Wharf.

Yan Shaoting silently watched the dock where silver was being transferred from the ship.

An official in a red robe, served by several maids, sat behind a table set up on the dock.

overhead.

He was also holding a big umbrella.

This person was Yan Maoqing, the Left Vice-Minister of the Censorate, the imperial envoy who was in charge of investigating the salt administration in Lianghuai and commercial taxes in the southeast.

I saw a whole box of silver being knocked over on the ground by the porters.

Yan Maoqing opened his mouth and started to curse: "A bunch of useless people! You are hungry! You delayed me from delivering the silver to His Majesty. Be careful or you will all drown in this river!"

The porters hurriedly and anxiously picked up the silver on the ground and put it back into the boxes.

At this moment.

Another group of women dressed in silk gowns and with scarves covering their faces, each with a graceful figure, walked down from the boat.

Yan Maoqing's eyes immediately lit up and his gaze became fixed.

But soon, he shifted his gaze and waved his hands.

"Everyone get on the carriage! Everyone get on the carriage!"

"Be careful, don't bump into anything."

"It's useless!"

After all the women with their faces covered had disembarked and got into the carriage, a group of men and women holding various musical instruments walked out of the cabin and onto the dock.

At this time, Yan Maoqing's expression became a little more natural.

But still politely.

"Everyone, please slow down."

"The carriages are ready over there."

"Once we enter Beijing, we can rest."

This is obviously a musical group.

Although Yan Maoqing seemed polite.

But these people did not dare to act arrogantly. They walked past Yan Maoqing and bowed to him.

After all these people got on the carriage.

Apart from the officers and soldiers, the only people at the dock were the porters who were carrying boxes of silver off the ship.

Yan Maoqing's expression turned fierce.

"Be more flexible!"

"Whoever dares to knock it over again will be chopped to pieces!"

"Hurry up!"

The porters did not dare to slack off. They gritted their teeth and carried the heavy boxes to the dock.

After a boat is emptied, it is quickly pulled away from the dock by trackers on both sides of the river to make way for the next boat.

Then the porters on the dock continued to repeat the process, boarding the ship to carry the large boxes full of silver down to the dock and onto the oxcarts on the dock.

As soon as one ship is emptied, it’s time for the next one to come.

Some soldiers blocked the Tonghui River Wharf in advance, so the people outside who wanted to use the wharf could only wait.

Under the tree on the shore.

Yan Shaoting looked at the porters carrying wooden boxes at the dock.

But he suddenly said in a low voice: "Yan Maoqing doesn't have that much money."

Lu Yi immediately turned around and looked at his brother-in-law: "No 10 million taels? Then how did this news spread?"

Yan Shaoting looked at his brother-in-law and said, "If there really were 10 million taels, I'm afraid the Huai River region would really rebel by now."

Ten million taels of silver.

It only exists in those exaggerated books.

How much fiscal revenue does the Ming Dynasty have in a year, and how much of it is converted into silver?

Besides, it is not yet time for the Longqing era to open the sea.

There are not many silver reserves in Central Plains.

It was not until the opening of the sea that the silver that Europe had plundered from the Americas and developed in Southeast Asia began to circulate to the Central Plains.

Think of this question.

Yan Shaoting couldn't help but think that in a few years, when Emperor Longqing opened the sea, with a large influx of silver, the Central Plains would fall into another vicious circle.

There is more money.

But the lives of the people will become relatively more difficult because of this.

Zhu Yuanzhang, who came from a peasant family, did not establish many systems properly at the beginning of the Ming Dynasty.

Especially the monetary economic system.

Open a bank?

Yan Shaoting thought about it and shook his head to reject the idea.

Only a fool would think that it is possible to open a bank in this era and balance the country's fiscal, monetary and economic systems.

That at least requires fast enough information transmission to achieve.

but.

"Gold, silver, copper coins..."

Yan Shaoting muttered in a low voice.

Lu Yi looked puzzled: "Brother-in-law, what are you talking about?"

Yan Shaoting raised his head, smiled slightly, and shook his head: "Nothing."

He just thought about the gold and silver anchoring.

The gold standard system, which uses gold and silver as equal exchange anchors for currency, is the system that suits the current Ming Dynasty.

What stage, what social situation, and what prerequisites are the key factors that determine the monetary economic system.

No one in this world can become fat in one bite.

It is unacceptable to ignore reality and engage in empty talk.

Under Lu Yi's puzzled look as he shook his head.

Yan Shaoting's eyes were shining as he looked at the busy Tonghui River Wharf.

"Three pounds seventeen shillings and ten and a half pence an ounce."

Yan Shaoting smiled.

Although the Ming Dynasty does not necessarily need to follow everything, this is a direction that can be used as a reference.

Belongs to the monetary policy of the Ming Dynasty.

This matter can now be arranged in advance.

Lu Yi blinked and looked at his brother-in-law who started talking nonsense again. His shoulders trembled and he looked away.

So that I won’t end up like my brother-in-law.

Crazy.

If your brother-in-law is crazy, you will get promoted and make a fortune.

If I go crazy, I'm afraid I'll be fired and sent home tomorrow.

then.

Lu Yi, who had turned his head away, turned back to look at Yan Shaoting and gave him a look that made Yan Shaoting feel a little puzzled.

Lu Yi, however, looked expectant.

Brother-in-law, you continue to be crazy!

The crazier the better!

You have to be crazy enough to get promoted along with your brother!
Yan Shaoting looked at Lu Yi and asked, "How many taels of silver can one tael of gold be worth in the capital right now?"

I really don't understand this matter.

When did the descendants of the Prime Minister of the Ming Dynasty, the new nobles of the dynasty, need to spend their own money?

Yan Shaoting gave an expression that said I don’t understand money.

Lu Yi looked puzzled and explained, "At the beginning of the country, the Great Ancestor set a rule that one ounce of gold was worth four ounces of silver. However, now one ounce of gold is worth five ounces of silver in the capital, and in some places it is worth six ounces."

"Five changes, six changes."

Yan Shaoting nodded and recited.

Five exchanges and six exchanges are special terms that have always been used to describe the exchange rate of gold and silver.

If I remember correctly, when I saw the crooked tree.

This ratio has become ten changes.

That is, one tael of gold is equivalent to ten taels of silver.

Unstable currency exchange can cause many problems.

Moreover, after the sea is opened, the Ming Dynasty will have more money, which will also be a problem.

Having money but not being able to use it properly.

We also have to find a way to use that money in the future, convert it into productivity and improve the overall living standards of the people of the Ming Dynasty.

A huge and complex proposition.

Appeared in front of Yan Shaoting.

So much so that he fell into deep thought without realizing it.

Lu Yi quietly glanced at Yan Shaoting, looking puzzled.

Why does my brother-in-law’s head look bigger?
Got a brain?

Seeing no response from Yan Shaoting, Lu Yi could only break off a piece of paper and put it in his mouth.

Waited until several hours later.

The fleet unloading silver at the Tonghui River wharf finally unloaded all the wooden boxes.

The carriages carrying the women with their faces covered and the band were at the front.

Ox carts pulling heavy wooden boxes were following behind.

Front, back, left and right, a large group of officers and soldiers vigilantly guarded the entire team and began to move towards the capital.

Wait until the last oxcart has passed.

The officers and soldiers who had blocked the Tonghui River wharf finally left in a group.

The crowd that was blocked outside the dock also swarmed into the dock.

Either board a ship and head south, or meet friends.

In the crowd, Yan Shaoting, who was awakened by Lu Yi, was standing not far from the dock with a horse.

Merchant ships docked at the pier, loading and unloading travelers and goods.

When a merchant ship flying the Yan flag docked at the pier.

Lu Yi's eyes lit up.

"Brother-in-law, it's Xiao Que'er's boat."

Yan Shaoting glanced at the crowded crowd in front of him, looking helpless.

But that end.

Suddenly, a middle-aged man in official uniform, accompanied by several officers and soldiers from the dock, came over enthusiastically.

"My humble servant is here to see Mr. Yan."

"Is Shidu Yan going out or picking someone up today?"

As he spoke, the clerk had already instructed the officers and soldiers to disperse the crowded crowd on the dock.

Yan Shaoting frowned and glanced at the other party, then finally took Lu Yi to the dock.

"Do you know me?"

Stopping, Yan Shaoting asked the clerk at the Tonghui River Wharf.

The clerk still had a smile on his face, nodding and bowing: "The tutor is a noble man. I went to the government office in Beijing to do some work before. I met the tutor from afar and I have never forgotten him since then."

Lu Yi chuckled.

This petty official spoke very nicely and there was nothing to fault with him.

Yan Shaoting glanced at Lu Yi, and then explained to the clerk, "My brother and a few friends arrived in Beijing. They received an order from my grandfather to come and pick someone up."

An exaggerated expression suddenly appeared on the clerk's face.

"So that's what the Lord wanted. I'll arrange a carriage right away to take the young master and his friends back to the capital."

Talking.

The clerk didn't care whether Yan Shaoting agreed or not, and started shouting.

Soon a carriage appeared on the dock.

The clerk said again, "Don't worry about the tutor. When the carriage takes the young master back to the mansion, they will drive the carriage back by themselves. There will be no delay."

Seeing how attentive this clerk was, Yan Shaoting could only accept it calmly.

Lu Yi also took out a piece of silver from his sleeve and threw it to the clerk.

"The carriage has been used, so you must pay the required amount of silver. The extra money can be used to buy wine for your brothers."

The clerk was about to refuse.

But seeing Lu Yi say this, he had no choice but to accept it. With a smile on his face, the silver disappeared from his hand in the blink of an eye.

"In this case, I can only shamelessly thank the tutor for the reward."

Yan Shaoting just waved his hand casually.

His eyes were already on the merchant ship flying the Yan family's flag.

From the cabin.

First, a young man wearing Confucian clothes, over six feet tall (one foot in the Ming Dynasty was 31.1 cm), fat and strong, with a broad back and strong arms, walked out with a silly smile on his face.

Following behind the young man.

It was a Taoist priest wearing a Taoist robe, with a long beard on his face, a lotus crown on his head, a whisk in his hand, and lotus shoes on his feet. His eyes were rolling around, and he was looking at the dock outside with a sly look.

As for the ancient Taoist style of Taoism.

That's not even a little bit!
Behind the two of them was a woman with a curvy figure, also wearing a silk scarf covering her face and a double-breasted dress.

Then came several guards in tight clothes.

Without waiting for Yan Shaoting to react.

The burly young man at the lead showed joy on his face and opened his arms.

"elder brother!"

Yan Hu shouted loudly, opened his arms, exerted force with his feet, jumped off the boat, and stood steadily on the dock.

As a result, the entire ship was shaking.

The Taoist behind him, on the other hand, was in a panic for a while, waving his whisk wildly.

The Taoist priest uttered a strange cry: "Master Yan, you want me to take a bath before going to the capital!"

The Taoist cursed and stepped on the wooden plank as he got off the boat.

Then he popped his head out from behind Yan Hu, looked at Yan Shaoting, who had been standing on the dock for a long time, with a sly look, and then immediately retracted his head.

As for Yunniang, who was covering her face with a silk scarf, she looked elegant.

Even though the wooden planks between the boat and the dock kept shaking, she seemed to be dancing on them, and landed on the dock so lightly.

Yan Hu, swaying with a foolish look, rushed to Yan Shaoting.

Without waiting for Yan Shaoting to retreat.

Yan Hu then hugged Yan Shaoting tightly.

"elder brother!"

"I'm here!"

"Xiao Que'er missed you so much!"

Yan Shaoting, who was held in the arms of his younger brother Yan Hu, had his feet completely off the ground, his head and feet tilted backwards, and his body was in an arched shape.

His face flushed, and he said with difficulty: "Quick! Put me down! Put me down!"

Yan Hu nodded with joy: "Yes! Okay!"

There was a pop.

Yan Shaoting staggered to the ground.

He frowned, raised his head and glared at Yan Hu fiercely.

In the end, I can only sigh helplessly.

"go!"

"go home with me."

…………

Monthly ticket recommendation ticket

(End of this chapter)