Volume VIII 1183 South Ticket Crisis

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Zijuan didn't dare to step into the courtyard in the end, she knew very well the importance of Wang Huaiyuan to the prime minister, and even he had a strong conflict with Xiao Letian, which shows how strict the current situation is.

The red-eyed Zijuan returned to the back house with the porridge that had been boiled for a long time, and she decided to chant the Buddha with all the girls in the inner house to pray for the prime minister.

Xiao Lotian is not in the mood to care about what the woman wants to do at the moment, he is like a trapped beast in the room, and the two large porcelain vases smashed on the ground must be the treasure-level porcelain described by Molière, and it is estimated that it will be seventy or eighty million if it is put to Sotheby's in the future, but at this moment, the angry Xiao Lotian can't care about anything.

With red eyes, he sat in a chair, his hands clutching his messy hair, and his low and hoarse voice echoed in the room: "What can Jiangnan do? Wasn't it all under our control before? What else can there be like a mess!"

"It was before, and now it is now! We didn't expect that Bai Layi would suddenly have such a battle, and we didn't expect that the gold and food were all gone, cough cough cough ......"

The grief-stricken Wang Huaiyuan coughed violently again, and Xiao Lotian hurriedly handed over the cough medicine and wine prepared by the Yellow Evil Doctor on the coffee table, "You can hand over the painstaking number analysis work to Pierre! You are almost a man......

Wang Huaiyuan took a sip of medicinal wine and waved his hand, "He can't pick the lead, no matter how smart his brain is, he is also a European, I can't give him all the core secrets...... Forget it, let's talk about Jiangnan!"

What happened in Jiangnan has to start from the time when the Russian expeditionary force set out from Europe.

The national finances of the Qing Dynasty at this moment are no longer what they were in history, and the imperial finances, which were originally supported by the three major revenues of commercial taxes, taxes, and grain taxes, have completely changed due to the war and Xiao Letian's financial impact.

Of course, the silver standard system has not changed, but the evil law of repeatedly collecting money and exploiting the people through the guò fire consumption system in the past has been overthrown by more and more Western silver coins.

Now the household department of the Great Qing Dynasty also regarded these beautifully minted silver coins as the normal reserve currency of the state, which made the local officials lose the excuse to use fire to smelt silver.

Of course, in some remote provinces, those folk scattered silver taels still need fire consumption to re-mint, and corrupt officials can still eat another bite, but this piece of fat has become more and more oily and water, and silver coins in the circulation field have long replaced ingots.

The state has admitted that the taxes are paid with silver coins, and who would dare to melt the silver coins again and cast them into ingots?

The Mexican Eagle Ocean, the Ryukyu dragon silver dollar, plus a small number of silver coins from the commercial circulation of European countries, and a smaller amount of silver coins minted by the Qing Dynasty, are basically the main currency in circulation in the important commercial ports of the Qing Dynasty.

In fact, this kind of physical silver coin is circulated, and there will be no big mess, after all, every silver coin is a real silver plate, the value of the silver itself is still relatively stable, and the people's confidence in silver is also very strong.

The bad thing is that the household bonds, this kind of paper money derived from the military bills of the new army, from the moment of its birth, is a deeply disguised credit currency.

Yes, according to the regulations on the issuance of household bonds, a round of paper money can indeed be exchanged for a physical silver dollar equivalent to a huàn, and this piece of paper and that silver coin are legally equivalent.

But it is impossible for ordinary people to use paper money to go to the bank to exchange huàn silver dollars, before the Manchu Qing Dynasty did not mix in, Lotte Bank promised to exchange personal paper money for huàn business, but due to Yang Zhi's rebellion, the Manchu Qing Dynasty also began to print bonds, resulting in chaos in the market for paper money, as a result, Xiao Lotian stopped this personal exchange business.

The Ryukyus and the Manchus had a difficult negotiation, and in the end Cixi was forced to take off her pants and play a scoundrel, and the old ladies shouted the slogan that they would rather be friends than domestic slaves.

Moreover, Cixi and those high-ranking officials of the Manchu Qing Dynasty, who used the name of righteousness to suppress the Hanchen of the whole country, who dared not give them the right to mint money, the Manchus would be open to betraying the country, and they would dare to sell Liangguang, Jiangnan, Tibet, and Xinjiang to foreigners.

As soon as this shameless energy came up, Xiao Letian really couldn't bear it, and the Hanchen in the whole world couldn't resist such a rogue trick! In the end, he had no choice but to take the Huai River in the Central Plains as the dividing line and divide the coinage rights of the Qing Dynasty into two.

The paper money market issued in the area north of the Huai River is called the North Ticket, also known as the Great Qing Bill. Banknotes south of the Huai River are issued by Rakuten Bank, commonly known as Nan Ticket (how do you feel like a shareholder?) and also called Ryukyu Ticket or Xiao Ticket.

After the partition agreement was reached, it was strange that the rule that paper money and silver coins were freely exchanged for huàn in the past was completely abolished, and neither individuals nor large institutions could use paper money to exchange huàn silver coins.

Legally, one yuan banknote is equal to a Ryukyu dragon-patterned silver coin, but how can we guarantee credit if we don't exchange it? Will the common people accept it or not? Will it depreciate?

At this time, it is necessary to use taxes as a guarantee, and use the national credit in the two huge business districts of the Qing Dynasty and the Ryukyus as a guarantee. Clearly tell the people that no matter whether the market recognizes this kind of paper money or not, the government recognizes it when paying taxes anyway, and it not only recognizes it, but also gives certain preferential treatment to encourage it.

Now the people are at ease, everyone has to pay the imperial grain and national tax, since the imperial court and Ryukyu have recognized this paper ticket as money, what are you afraid of. In this way, the money tickets of the north and south were gradually promoted.

Until now, the exact number of money stamps issued by the Great Qing Kingdom is not known to most people, but there is a clear record within Lotte Bank.

From the day the money was born until the crisis occurred, a total of 1.8 billion yuan of money notes were issued in China, of which 600 million were issued by Beijing, and the remaining 1.6 billion money notes were issued by Lotte Bank.

At present, these money are running in the commercial circulation field of the whole South China, and the sufficient money supply makes the circulation of materials more and more rapid, and all kinds of projects are blooming everywhere.

Unfortunately, there are hidden dangers in the prosperity on the surface, and the most precious thing about credit money is the word credit, and now it is used to guarantee paper money with national credit, but what if the national credit is bankrupt?

Don't look at the Ryukyu country is very small, but this country is very wonderful, because Xiao Letian's business empire was established here, and the financial center is also here, so the tax collected by the Ryukyu Kingdom is actually not less than that of the Qing Kingdom in the Jiangnan region.

Merchants from all over the world who come to East Asia to trade inevitably have to deal with a large number of Chinese merchants, and the Chinese merchants of the Ryukyus are particularly important.

Since the various businesses in the Ryukyus were delivered, the taxes were of course paid to the national treasury, and it was precisely because the Ryukyu national treasury recognized the credit of the Nanpiao banknotes that merchants from Jiangnan and other countries around the world did not resist such banknotes.

Since the big businessmen did not resist, the small and medium-sized businessmen naturally accepted the southern ticket relying on the command of the big businessman, and it was logical that the people could use this kind of paper ticket to buy things from the small and medium-sized businessmen.

Once the credit is established, Lotte can then issue more banknotes according to market conditions, which is a perfect virtuous circle.