coincided with Song Bo's visit to Jiangning to report on his work, and Lin Jian intended to transfer Song Bo to the north, and Song Bo moved his wife and children from Quanzhou together. During the Shangyuan Festival, Song Jia also specially returned to the Song family's newly purchased mansion in Jiangning to reunite with Song Bo and his wife. Rushing Song Fu back from the Privy Council, Song Jia knew from his father that Lin Jian had just decided to advance the decisive battle against Shangrao to the spring and summer of this year.

The military situation between the north and the south is very tight, even if he will go south to supervise the war in a few days, Lin Jian can't spare too much time to accompany his wife and children, and before going to sleep, he still reads the folds of various places in the Dongyuan Library, but he does not restrict all the women to come and accompany him.

It's just that the five children don't like to be quiet, and they won't go in and out of the East Garden at will at this time to disturb the forest.

Song Jia walked into the East Garden, and saw Lin Jian buried in front of the case, watching the light of the oil lamp fall on his face, making the side lines of his face look cold and serious, which showed that he was still under great pressure in his heart.

Lin Jian raised his head and saw Song Jia standing at the door, and said with a smile: "Why are you standing there?" ”

"I just met my father," Song Jia said, "You're going south to supervise the war, right?" ”

"Well," Lin Jian nodded and said, "You come with me?" ”

"Really?" Song Jia was reluctant, but when she heard that Lin Jian wanted her to go south together, she couldn't hide her joy in her eyes, not like her usual resourcefulness, revealing her daughter's affection, which made her face as charming as a flower.

Knowing that the daughters would also enter and leave the study hall at will, Song Jia was overjoyed, but she was not too close to Lin Tie, so as not to make the ladies unhappy, sat down in front of the case, and said to Lin Tie: "The Changshan Army is going south in advance, and the military expenses originally planned to be apportioned to the whole year will be consumed in a centralized manner before the summer tax is paid. ”

"This time, I plan to officially print registered bonds in the name of the Privy Council, and buy some of them from the bank, but more of them will be sold to the gentry and merchants of Jiangning and Jiangnan to raise funds for the army," Lin Jian said, "The war will incur huge expenses in a short period of time, and it is necessary to borrow money to spread the expenses evenly over the next ten, twenty, or even decades." Whether it is borrowing money from money banks, or printing and selling bonds to borrow money from the gentry and merchants, it can also increase the sense of responsibility of these people to the state......"

In the traditional central government, when the revenue and expenditure are tight, there is only one way to raise taxes. The direct consequence of the levy is that the people will be overwhelmed, local production will be affected to a greater or lesser extent, and in the worst case, local production and order will collapse as a result.

The core of Lin Bin's new policy in Jiangning was to reduce the burden on the middle and lower classes, and even if income was likely to drop significantly in a short period of time, it was necessary to restore local production first.

However, the contradiction of the shortage of central finances can be completely spread over the post-war central finances by borrowing debts.

This model has long been widely adopted by modern countries in later generations, but it is still quite shocking in the world, but there is a debt to the money bank in the early stage to pave the way, and this public printing of bonds will not provoke too fierce opposition.

Speaking of bonds, that is, the imperial court borrowed money from the people, Lin Jian had asked Chen Huazhang to write many articles in the newspaper to discuss this matter, and the gentry in Jiangnan had already learned about it, just waiting for this official implementation.

*******************

On the 18th day of the first month of the fifth year of Yongxing, the Chongwen Palace discussed that Lin Jian asked to go south to supervise the war in front of the palace, and asked to print and sell war bonds to the gentry and merchants in Jiangnan in the name of the Privy Council, so as to meet the needs of the defense of Luzhou and Xuzhou and the war in Quzhou.

The first phase of the registered interest-paying bonds was printed and sold at 4 million yuan (calculated at the equivalent of one or two feet of silver, one yuan of silver), and the money bank was responsible for selling them in the seven provinces of Jiangnan.

Although the central branch mode created by Lin Jian had a great impact on the traditional thinking of the gentry, the situation in Jiangning was able to maintain last year without collapsing, thanks to the fact that Huaidong Qianzhuang borrowed a total of 5 million taels of silver twice before and after, which was also difficult for the government and opposition officials and gentry to deny.

Just as it is always difficult for a big girl to go to bed for the first time, there is a precedent for things, and the next thing will be much easier.

The annual interest rate of registered bonds is only half of that borrowed by the bank. Cheng Yuqian, Zuo Chengmu and others, although they felt that there was no one before Lin Lian's discussion, and they broke through the imagination of ordinary people, but it was okay to try it.

Not only are the government and opposition officials and gentry easy to accept this kind of initiative, but also Huaidong Qianzhuang has also been raising principal in the Jianghuai region for several years, and this time the direct printing of bonds in the name of the Privy Council is not too different in essence from the Qianzhuang raising shares, but the carrier of credit is stronger and more worthy of the trust of the people, and the people will not be particularly difficult to accept.

Counting the fund-raising of this project, together with Huaidong's previous loans to Qianzhuang and last year's fund-raising by the Jiangning Prefecture and the Ministry of Households, the total amount of borrowings will be as high as 12 million taels of silver, which is almost the same as the scale of the central revenue over the years.

Yan Hu may have plundered more gold, silver and materials through the war than 120,000 taels of silver, but after Yan Hu Nan invaded the dynasty, what he got was only some remnants. Nearly five years have passed, and the north is still far from being completely restored, and when the scale of Yanhu's military base increases to 400,000, it is already difficult to continue to expand.

In contrast, Jiangning (Huaidong) has been able to maintain frequent battles in the surrounding areas over the years, and Jiangning City has also been captured by the rebels for a time, and finally it can not collapse, which actually depends on this branch mode to a considerable extent.

This model has little damage and impact on local production, and even enhances the purchasing power of the central government through the accumulation of excess capital, so that more gold and silver flow into the commercial and trade fields, and has an unimaginable role in promoting local production.

Of course, although the model of money bank lending or bonds is good, the foundation is built on the credit system, and it cannot be easily imitated by other forces.

In the early years, Lin Lian and Gu Wuchen jointly promoted the growth of the Dongyang Township Party in Jiangning, and in the middle period, they operated the Jinhai Grain Road and Chongzhou, and received the support of the Maritime Group and the local forces in Chongzhou, on which the original Huaidong Qianzhuang was built.

In the later period, with the expansion of Huaidong's power, Qianzhuang was able to gradually penetrate into Jianghuai, Fujian, Zhejiang and other regions, which laid a deep foundation. It is also for this reason that Lin Jian wanted to directly print bonds in the name of the Privy Council this time, and asked Huaidong Qian Zhuang to sell them on his behalf, so as to raise money and grain to maintain the war.

*******************

By the end of January, the main force of the Changshan Army stationed in Yijiang and Luzhou in the early stage was drawn one after another, and went south from Yuling Pass to participate in the battle; Cao Ziang went out of Luzhou to supervise the military and civilian affairs of Luzhou and Yijiang.

With Cao Ziang's westward advance, there were more than 100 cavalry soldiers led by Sun Zhuang and more than 100 generals at all levels such as Huang Zuyu to supplement the vacancy formed on the western front such as Luzhou and Yijiang after the main force of the Changshan Army was transferred south.

At the same time, the secret order of the Privy Council directly issued by Lin Jian was also handed to the camp of the Chizhou Army in Xiaocang Mountain, Zongyang.

"Lin has a big breath, not to mention the Privy Council decree, it is a holy decree, and 'will not grant the decree of the foreign monarch', why does he tell his father to capture the entire territory of Huangmei County before April?" Yue Duming saw the Privy Council order issued by Lin Jian and said angrily.

Although the Privy Council did not give Chizhou generals a particularly deep sense of existence, Deng Yu ignored Yue Duming's complaints, but looked at Yue Lengqiu to see how he made up his mind.

"In the recital on January 18, Lin Jian also clearly stated that in the money raised by the Privy Council for the first phase of the printing and sale of bonds, one million taels of silver would be used to pay for the construction of the defense area in Luzhou, and his intention is self-evident." Yue Lengqiu sighed lightly.

Deng Yu nodded and said: "Huaidong is deliberately operating Luzhou on the western front, which is actually to prevent the situation on the western front from failing. If the Cao family abandons Guanzhong and retreats to Liangchuan, Hezhong and Nanyang will soon fall one after another. Luo Xiancheng had already hooked up with Yanhu, and Yanhu's soldiers and horses went south from Suizhou, and in the end, it was the Chizhou army and Yanhu soldiers and horses who fought first. Now that Lin Jian is running Luzhou so carefully, if we can't gain a firm foothold in Shannan at that time, Huaidong will definitely not let us go back to Luzhou......"

Listening to the analysis of his father and Deng Yuyi, Yue Duming's irrational brain gradually calmed down due to anger, and after thinking about it, he realized that Lin Jian ordered the Chizhou army to capture the entire territory of Huangmei within a limited time, and he had his own confidence.

Even if the Chizhou army thinks about its own safety, it must take the entire territory of Huangmei County as soon as possible, so that it is possible to build a solid defense line at the southwest foot of Huaishan Mountain, hold the key points, and connect with Jinghu Lake, and act as horns for each other.

Otherwise, when Yanhu takes Guanshan and Luo Xiancheng surrenders to the past, there will be hundreds of thousands of enemy troops who will directly attack the Chizhou army that has not gained a stable foothold.

Lin Jian is dedicated to running Luzhou, and Luzhou is always a sharp blade behind Chizhou's waist.

By the time the situation on the Western Front collapsed, if the Chizhou army could not retreat to the Luzhou defense line, and could not establish a stable defense line at the dangerous point at the southwest foot of Huaishan Mountain, it would be difficult to have any other choice but to destroy it - even if Lin Jian agreed to the Chizhou army to retreat to Luzhou in the future, it would obviously take the opportunity to cut off his Yue's military power.

Yue Lengqiu tapped his fingers lightly on the table, frowned and said: "The Huaidong soldiers and horses assembled on the southern front will reach 100,000 in early March, and the attack on Shangrao will probably not be later than late March. Lin Lian forcibly ordered us to attack the remnants of Huangmei and Huanglongling, in order to achieve the goal of containing the soldiers and horses of Jiangzhou, which is not difficult to understand, but in time, the deadline for Lin Lian to ask us to take the entire territory of Huangmei County should be earlier than the time of the decisive battle in Shangrao...... Could it be that I predicted the time of the decisive battle in Shangrao too early? ”

"I also thought that the preparations for the Huaidong Army to launch a full-scale offensive in Shangrao would be completed before mid-March," Deng Yu said, "before everything is ready, the confrontation between the two armies in Shangrao will be half a year, and there is really no need to delay the attack for more than a month, unless Huaidong ......makes other arrangements."

"What else do you think the swineherd will do?" Yue Lengqiu asked.

"Will Huang Binghao have a repetition?" Deng Yu asked.

Yue Lengqiu shook his head and said, "Chen Hansan is an outlier, but before the mountains and rivers are exhausted, what good can Huang Binghao do if he turns around and throws himself at Jiangning?" ”

"In any case, we should conquer Huangmei County first," Deng Yu said, "If the Huaidong Army can really cripple the luxury family at the turn of spring and summer and recover the entire territory of Jiangxi, even if Luo Xiancheng leads 200,000 Changle bandits to Yanhu at that time, there is still room for recovery in the situation." ”

Yue Lengqiu nodded, one step ahead to exterminate the luxury family, Jiangsu, Zhejiang, Jiangxi and Fujian in the south of the Yangtze River are connected, so that they have the strength to confront Yanhu, even if the entire Jinghu Lake becomes a battlefield in the future, at least they can control the waterway of the Yangtze River, at least they can have the land south of the Yangtze River as a backing, at least they don't have to worry about being attacked.