If the "Theory of National Debts" is published in the Di Newspaper, it is tantamount to directly indicating the attitude of the imperial court, and if you want to oppose it in the future, it will be extremely difficult, and everyone in the household department echoed in unison, Mu Zhang'a couldn't help but feel a little anxious in his heart, the issuance of treasury bonds is closely related to Yuanqi Bank, once the imperial court decides to issue treasury bonds, it will inevitably condone the growth of Yuanqi Bank, and he is resolutely opposed to Yuanqi's monopoly of the money industry in a province.

Although he was anxious, Mu Zhang'a was unwilling to take the lead in opposing it, Daoguang's attitude was already very clear, he was inclined to issue treasury bonds, and as the chief minister of military aircraft, he had to be cautious.

"Your Majesty." The Ministry of Industry Shangshu Jingzheng said: "The annual interest rate of the national debt is a penny, although it is a low interest, but the amount of the national debt is huge, often millions, and the annual interest is also hundreds of thousands, and the micro-ministers steal that it is easy to issue the national bonds, and it is difficult to repay the national debts. ”

Jing Zheng, Ai Xin Jueluo. Jing Zheng, the fifth son of Prince Gong Yongxi, successively served as the Ministry of Works, the Household Minister, the Zuodu Imperial History, the Military Department, and the Ministry of Works. ”，

Seeing that the two clans were opposed, Pan Shien, the Minister of Military Aircraft, hurriedly bowed down and said, "Weichen doesn't dare to agree. The "Theory of National Debts" makes it very clear that the issuance of treasury bonds by the imperial court is not subscribed by local money banks, but by local gentry and merchants and ordinary people, and there is no possibility that the court will blackmail local money banks.

As for the issuance of treasury bonds, such as drinking to quench thirst, trapping the imperial court in a long-term embarrassment, it is even more absurd, the treasury bonds are low-interest, and the term is long, or three or five years, during this period, the imperial court can calmly plan, or open source or throttle, in order to make up for the interest on the treasury bonds, furthermore, the issuance of treasury bonds, must be detailed accounting by the household department, the amount of issuance, the length of the term, how to repay, all have a plan, how to drink the duck to quench thirst, long-term embarrassment?

The lord humiliates the ministers to death, the lord worries about the humiliation of the ministers, the treasury is empty, the state is insufficient, the emperor is worried and sleepless, you don't think about sharing worries for the king, you don't think about opening up sources and reducing expenditures, this also stops, that also stops, what is the reason? Could it be that you have another good plan to solve your worries?

The construction of a railway does have drawbacks, but it is obvious that the advantages outweigh the disadvantages. Have you ever wondered? The issuance of treasury bonds can not only be used for disaster and war relief, but also in peaceful years, but also through the issuance of treasury bonds to invest in construction to increase income, have you ever thought of it? ”

Speaking of this, he paused slightly, knelt down on the spot, kowtowed, and said: "The construction of railways and the issuance of treasury bonds are truly open source, and the emperor is gracious." ”

Pan Shien is a veteran minister of the Three Dynasties, the champion of Qianlong in the 58th year, successively served as the president of the "Siku Quanshu", the president of the Wenying Pavilion, the master of the Hanlin Academy, the president of the Wuyingdian, the president of the National History Museum, the secretary of the Ministry of Rites, the Ministry of Works, and the Ministry of Officials.

His words were extremely unkind, but the people who were blocked did not dare to speak, the treasury was empty, the finances were tight, and no one in the Manchu Dynasty could come up with an effective way to travel, slightly hesitating, Wang Ding also knelt down, and before he could speak, Daoguang said: "All are flat." ”

The two of them got up, he sighed, and said: "I am committed to the ancestral teachings, and will never be endowed, but the income is fixed, and the national use is increasing year by year. ”

Speaking of this, he glanced at everyone and said, "Kneel down and stay safe, Pan Shien and Wang Ding stay." ”

After waiting for the ministers to kneel down and withdraw, Daoguang looked at the two of them and said, "Yi Zhizhi is content with this person, do you understand?" ”

Pan Shien bowed down and said: "Back to the emperor, Yi Zhizhi is the third son of Yi Yunchang, a merchant in the Thirteen Lines of Futai, who is eighteen years old, is good at miscellaneous studies, especially likes Western learning, is good at economics, proficient in Yi language, Yuanqi Bank is a joint venture between the children of the Thirteen Banks, opened for only one month, and with the help of the collapse of Guangzhou tea, forced the dissolution of the Guangzhou Bank Hall and unified the Guangzhou money industry. ”

For the details of Yi Zhi's contentment, Deng Tingzhen has a detailed description in the twists and turns, Daoguang is naturally clear, and immediately follows the words: "At the age of eighteen, it is not easy to have such ...... knowledge, trains and railways, I have many incomprehensible points, and there is no precedent to ......follow in issuing treasury bonds." ”

After a slight groan, he said slowly: "I intend to recruit him into Beijing, what do you two think?" ”

Wang Ding once sent a letter to Deng Tingzhen, showing the intention of soliciting, but was rejected by Yi Zhicontent, seeing that Pan Shien did not speak, he bowed down and said: "Wei Chen thinks it is impossible, Yi Zhizhi is young, the DPRK and China oppose the construction of railways, the issuance of treasury bonds, recruit him to Beijing, fear of causing trouble, and furthermore, Yi Zhicontent is the big treasurer of Yuanqi Bank, recruiting him into Beijing, I am afraid that it is not conducive to Yuanqi."

Yuan Qi's unification of the local money industry, low-interest loans, and vigorous support for the development of local agriculture, commerce, and handicraft industries can effectively avoid the bankruptcy of peasants, help alleviate land concentration, and also help the imperial court to manage the local money industry, facilitate the collection of commercial taxes, and can undertake the issuance of national bonds, which has many benefits.

But there must be a disadvantage in everything, what disadvantages of Yuanqi have not yet been revealed, Weichen secretly thinks that Yuanqi may as well be a pilot, neither need to be deliberately supported, nor deliberately suppressed, temporarily observe for two years.

If the advantages of Yuanqi to the imperial court outweigh the disadvantages, the provinces can be encouraged to follow Yuanqi's example and monopolize the money industry of a province by a powerful bank, so that the imperial court can easily control the local money industry, and the scale of treasury bond issuance can also be greatly increased.

As for the detailed understanding of the trains, railways, and the issuance of treasury bonds, you can listen to Deng Tingzhen's detailed recital, or you can send someone to Guangzhou to discuss with Yi Zhishu in detail. ”

After listening to this, Daoguang raised his face and thought for a moment before he said: "If you govern a big country and cook small fresh, it is too hasty, and it often backfires, and it is okay to wait and see for a year or two, but Yuan Qi dominates the local money industry, lends money at low interest rates, and there are many opponents in the DPRK and China, if you ignore it, Yuan Qi will be suppressed." ”

"Your Majesty." Pan Shien bowed down and said: "Yuanqi Bank low-interest loans, erect countless enemies, but it is related to the success or failure of the issuance of treasury bonds and the construction of railways, even if you want to wait and see, you must take a little care of it, in order to show the kindness of the imperial court. ”

After a slight sigh, Daoguang spoke: "Since it is a wait-and-see for the time being, it is not appropriate for the "Theory of National Debts" to be published in the Di newspaper, and rewarding it with a title of easy contentment is enough to show my attitude, which is not only a reward from me, but also a rank that cannot be lowered, and it is rewarded with four grades." ”