756 Twenty years of tax reform

At the same time that Lotte Bank began to vigorously buy off the officials of the Beijing Division, the two princes in Prince Gong's mansion, as well as the Hubu Shangshu and the university scholar Weng Tongyi, including the eunuch Li Lianying, a close confidant of the Empress Dowager Cixi, also got together.

A table of sumptuous wine and food did not move a few chopsticks, and several of the toughest opposition leaders in the imperial court were preoccupied one by one today.

It's also a joke, Prince Gong and Prince Alcohol are the brothers of Emperor Xianfeng, the children of Emperor Daoguang, Weng Tongyi is also the emperor's teacher, father and son are the leaders of Qingliu for two generations, and Hubu Lao Lin is in charge of the world's money and grain, of course, he is also a descendant in the court.

As for Li Lianying, not to mention, she is completely the representative of the Empress Dowager Cixi, and she is the emperor's biological mother! But these few people have actually become opposition today, and this reasoning is reasonable, shouldn't they be the imperial court?

The reason is very simple, it is precisely because Cixi stupidly launched the palace change last year, which broke the original two palace empress dowagers, and the Empress Dowager Dong resolutely reached an alliance with Xiao Lotian in order to survive, and with the help of the identity of the Empress Dowager Dong, she ordered the world to supervise Hanchen and return to his heart.

With Xiao Lotian as an ally overseas, and the Hunan Army Group as a backer at home, coupled with Xiao Letian's breakthrough of Tianjin Wei, defeating the Huai Army, and attacking Sijiu City, this made Cixi's forces suffer a serious blow, and the majority of the court almost became an opposition party.

Now, a new test is in front of them, there is a missing corner on the side of the wine table, and instead of placing dishes, there is a thick pile of paperwork, on which are written a few big characters in the provisional tax reform regulations of the Qing Dynasty.

This is with the four million taels of cash into Beijing together, the Tongzhi Emperor's reform plan, a 20-year Qing Dynasty tax reform, the word ah this document, the Tongzhi Emperor is ready to divide the country's tax into two, all the provinces can be deported into Beijing cash or according to the original way, directly delivered to the household department, and the arrears of the white strip household will no longer accept.

These debts are packaged and sold to Rakuten Bank for split sales, and a certain amount of interest is given to absorb funds from the private sector.

This is basically a bit of a credit currency routine, although it is very primitive but very in line with the current national conditions of the Qing Dynasty, anyway, it is impossible for the imperial court to collect enough taxes, it is better to sell the debt directly.

Some people may be worried about how the common people will buy these debts? Who will ask for these white slips? What if the imperial court can't afford to pay them back? Won't that become the treasure money of the Ming Dynasty, and it will depreciate more and more.

But this question has long been answered by Rakuten Bank, that is, double credit guarantee, the first is that the imperial court uses taxes for credit guarantee, that is to say, the imperial court recognizes these bonds for tax collection.

The second credit guarantee is the credit of the Ryukyu Lotte Bank, don't underestimate this bank, he is now the largest financial institution in Asia, and the wealth accumulated over the years of private minting silver dollars is more than hundreds of millions of taels of silver.

The use of bonds to trade with Lotte and banks can give certain preferential treatment, which is also a good way to attract private funds.

During the Tongzhi period, the imperial court had just defeated the Taiping Heavenly Kingdom and the Twist Army, if nothing else, the turmoil in the Ganxi Hui and the battle of Xinjiang would also be won, and then it would really become Tongzhi Zhongxing.

There will be one last rebound in public confidence in the imperial court, so the national credit of these bonds will continue to rise in the next decade, and will not even collapse seriously in the next two decades.

The real pill of the Qing Dynasty has to wait until Cixi takes power, and Guangxu is the time when the Qing Dynasty's national fortunes fall off a cliff.

However, for Xiao Letian, more than ten years is enough time for him to use bonds to absorb the physical gold and silver of the people, and then Lotte Bank will become the real central bank of China, and the army in his hands will be unimaginably strong at that time, at least there is no problem with self-preservation.

But now he still needs to lie down and taste his courage, because he wants to continue to secretly suck up China's private wealth, and without 200 million taels of silver to support himself, he will not be able to build a powerful navy, if he does not have more than one billion silver reserves, then he will not want to compete with Britain and the United States in the Pacific.

Everything takes time, Xiao Lotian is still young, and he can afford to wait, so there will be this 20-year tax reform plan of the Qing Dynasty.

Li Lianying really couldn't stand the dull atmosphere in the room, he said in a sharp voice, "Ladies and gentlemen, you can say a few words! If this can solve the problem just by looking at it, then the miscellaneous family will pick out their eyeballs and put them on this, let's watch together, okay?"

Hubu Lao Lin put down the cigarette pouch and coughed twice, "Hey...... I had those people smash a big bag on their heads in the morning, and I still don't know about it, I'm thinking about it, so let's talk about it first......"

Everyone turned their attention to Weng Tongyi again, and the scholar official frowned and said, "I don't understand! I really can't understand it, it is said that this bond is a bit like the routine of foreigners issuing paper money, but foreign people's paper money has never heard of using taxes as collateral?

"I have asked the foreign missionaries in Dongjiaomin Lane before, and they said what is this called credit currency, which is a very advanced financial concept in Europe, but no one dares to try it...... Even Britain is now on the gold standard, with the law providing for £3 per ounce of gold, 17 shillings, 10 and half pence...... I heard that it was a sage named Newton in England who made the rules......"

Weng Tongyi is worthy of being a scholar, and when he encounters something he doesn't understand, he is at least better than other officials, and he knows how to ask more questions.

"It is precisely because Britain locks up the pound and gold that the common people are willing to ask for the pound, whether it is minted in metal or printed on paper, and this is the credit ...... of gold."

"Now this document is in the name of His Majesty, but we all know that this is Xiao Letian's plan...... It is said that a Western Grandmaster who can write a manga of his journey to the west will not fail to understand this truth, right?"

"The foreign priests in the eastern suburbs are also very puzzled, they said two possibilities, one is that Xiao Letian predicts that the Qing Dynasty will have at least twenty years of good national luck in the future, and the credit of the imperial court will not collapse......"

And the second possibility is even more bizarre, that is, Xiao Letian is a great loyal minister, he tied his net worth and life to the chariot of the court, and he wants to do his best to improve the credit of the court...... So, we all misjudged him before, and he's really a loyal minister!"

Everyone in the room was stupid, and everyone was stunned and couldn't understand the predicament in front of them!

Note: Today's second shift is sent, and it is estimated that there will be two shifts today!