Chapter 674: Circle Money

(Update in the early morning, ask for a monthly pass!) )

Li Jing got up early in the morning, jogged for half an hour as usual, and then practiced swordsmanship again, punched a set, and then went out for a walk. After almost half an hour of activity before and after, the spirit of the whole person was suddenly extremely excited.

Last night, he reviewed the official documents until late, so he rested in the marshal's mansion, and it was Da Yue'er who served overnight.

After conquering Goguryeo, Li Jing's envoy shifted his focus to Liaodong and began to reside in Liaodong City. The old and young family in Dengzhou wanted to move in immediately, but Li Jing considered that Liaodong City was still very chaotic and waiting to be rebuilt, and it was almost the New Year, and Liaodong was cold, so he let them stay in Dengzhou. However, after thinking about it for a long time, Li's mother Han still sent Xiao Yulou, Da Yue'er, and Zhang Hui to Liaodong.

Among the wives and concubines, Wang Haojun just gave birth to a third son, and Wan'er and Pei's sisters are also pregnant. Megan and Julie, the two bearded women, have always been not very liked by the old lady, and they are far away in the Southeast Army. There are a few left, Xiao Yulou and Zhang Hui are not pregnant yet, although they have a daughter after the big moon, they are two years old. The old lady also didn't worry that Li Jing was out alone, and there was no one to take care of her. sent the three of them to Liaodong, Gui Niang was not pregnant, but she was in the main room, and there were so many children and a few pregnant concubines in the family, so she had to stay in Dengzhou to preside over the affairs of the house.

Originally, Li Jing was not unattended in Liaodong City, and Gongsun Lan and Li Huier were both in Liaodong City during this time. A few days ago, Zhang Yingying also came to Liaodong City, and asked for a large number of supplies from Li Jing, and sent a large number of Silla and Japanese slaves.

Li Jing returned to the backyard of the Shuai Mansion, Da Yue'er had already gotten up, and instructed the maid to prepare a hot bath for Li Jing. followed Li Jing for three years. The daughters are both two years old. Da Yue'er had already followed Li Jing with all her heart. One way or another. In fact, with Li Jing, it is still much better than when he was by Gao Zhaokang's side. Although the dignified Princess Bohai has now become one of Li Jing's seventh wives, she doesn't care too much.

In the bathroom, Da Yue'er was wearing a tulle and took a loofah to wipe Li Jing's body in person. If you want to say that after following Li Jing, what has always made her feel a little regretful is that she still gets together less and leaves more all year round. Even when Li Jing was in Dengzhou. is often busy with official business, and when he returns to the house, a large group of women at home have divided their time. It was very difficult for her to have a chance to be alone with Li Jing and share the same bed.

"The king of the county, the slave just read the morning newspaper sent today, and many people called the husband a traitor." Moistened all night last night, Da Yue'er was in a particularly good spirit this morning, and laughed at some conservative literati in the newspaper criticizing Li Jing for conferring knighthood on businessmen.

This time, Li Jing issued bonds. It did cause quite a stir. The issuance of 30 million bonds at a time originally thought that many people would not be forced to buy and sell. There are so many bonds that you can't sell out.

However, the result was completely opposite: after Li Jing personally wrote an article in the newspaper to introduce the nature of the bonds, and promised a tax cut, an annual interest rate of 5 percent, and the news of the top 10 awards, the bank officially issued the bonds the day before yesterday, and as a result, the bank's hall was directly filled with people who came to buy them.

Li Jing's bond belongs to the Marshal's Office of Northeast Province, and the six towns, 21 prefectures, and 100 counties of Northeast Province are debtors, and this credit is extremely high. Besides, with an interest rate of 5 percent per annum for a five-year term, this is already a good return. What's more, there are also tax deductions. Everyone knows that this is a bond issued by the king of Andong County, whether it is a businessman or a common person, now he is living a good life with Li Jing, with food and clothing.

Seeing Li Jingfa borrowing money, of course they want to support it. Needless to say, the officials and civil servants in Dengzhou are treated well, so most of them are willing to use money to buy bonds. And the merchants, peasants, and workers were also quite enthusiastic.

Among them, the workers and peasants attach more importance to the annual interest rate of 5 percent. In the past, when the money was in the bank, there was no interest on the money, and there was a saving fee. Now everyone has enough food and clothing to solve the problem, put the money they earn in the bank for five years, save ten yuan, and get 500 yuan of interest in one year, and 2,500 yuan in five years. This money is also put at home, and it is put in the bank of the old man of the county king, and after five years, it is equivalent to a quarter of the extra money. Such a good thing, where to find!

And those businessmen, especially the big businessmen, they are not so interested in the interest rate of five percent, after all, for businessmen, the turnover of funds is very important. But they came enthusiastically, most importantly because of the tax cuts and the top 10 awards, which everyone was very enthusiastic about.

The 30 million registered medium-term interest rate Northeast bonds were sold out in just one day. The bonds issued this time have a minimum denomination of 10 guan and a maximum of 1,000 kan.

As a result, Liu Shouye, a well-known ocean-going merchant in Dengzhou, bought 5 million yuan of bonds as soon as he made a move, 1,000 yuan each, a full 5,000 accounts, and packed several large boxes. Liu Shouye's move of throwing five million shocked the entire bank at that time. And this matter also quickly spread throughout Dengzhou at the speed of light, Liu Shouye's move made everyone re-acquaint themselves with this maritime merchant and know his great wealth.

Not surprising to everyone, after Liu Shouye bought 5 million bonds, he was directly promoted to the person who bought the most bonds this time.

Of the remaining nine, the highest is two million, and the lowest is one million.

Of the 30 million bonds, the top 10 bought 18 million. Five of them were maritime merchants, and the rest were coal bosses who operated coal mines, shipbuilders, and the three major families of Han, Xiao, and Cui.

Many people who want to buy bonds, even wait in line for half a day, and still outside the bank, the bonds have already been issued.

Liu Shouye suddenly became the most famous figure in the entire Dengzhou and even Northeast Province, and many people even rumored that he had tens of millions of family assets.

Even Li Jing was greatly surprised when he heard the news in Liaodong City, he didn't expect these maritime merchants to have so much money. Five million, although it is not given to Li Jing for nothing, it may be possible to take out five million to buy bonds, because it is a registered bond and cannot be directly circulated, so for a businessman, this money is dead money in five years. This completely shows that Liu Shouye has at least 10 million family assets.

Li Jing didn't have the idea of killing pigs for Liu Shouye, as long as they obeyed the rules, it was actually a good thing that there were more wealthy businessmen in the country.

Li Jing did not break his promise. Immediately invited the top ten to Liaodong City. Then a solemn ceremony was held.

For the award of these non-fighters. The medal awarded by Li Jing is the Medal of Benevolence among the Five Permanent Medals of Benevolence, Loyalty, Courtesy, Wisdom and Integrity. The recipient becomes a knight, the lowest rank of nobility. Have 20 acres of exempt land, and awarded medals, a set of nine-grade official uniforms, exempt from worship, enjoy the political treatment of the county order, non-hereditary.

The greatest reward of this knighthood is not a substantial reward. The actual reward is not much, only twenty acres of land. However, they can enjoy the political treatment at the same level as the county order, for example, even if the medalist was originally a businessman, or a lowly musician, their son also enjoys the treatment of a good family, and his military service or entrance and examination are recorded according to the good family.

Because Liu Shouye bought five million yuan, Li Jing also awarded his eldest son a medal of benevolence, and the Liu family produced two medals at once. This was not only a great surprise for Liu Shouye, but also a great shock to everyone in Dengzhou and Northeast Province.

Outcome. In the past few days, conservative scholars in the newspapers have begun to write articles criticizing Li Jing, who is selling official positions.

"These merchants have made a great contribution to the government and are fully worthy of being respected knights." Li Jing said with a smile. In fact, Li Jing also intends to take this opportunity. Begin to raise the concept of merchants among the people under his rule and improve the status of merchants. No business, no wealth, no work, no livelihood, no agriculture, no stability, industry, commerce and agriculture are equally important. Although it is still an agrarian society, it is extremely important to strengthen the position of industry and commerce in today's era.

Especially now that the Northeast Road is taking this road, it is even more necessary to strengthen the status of industry and commerce, and Li Jing also hopes to attract more industry and business.

"The husband issued this bond and borrowed 30 million yuan at once, is there no money in the Shuai Mansion? The slave heard that the Shuai Mansion asked the merchants to move the people from all over the country, and then the Shuai Mansion would give them a large sum of money? Da Yue'er asked with some concern.

Li Jing chuckled: "The issuance of bonds is not because the Shuai Mansion has no money, on the contrary, the Shuai Mansion still has a lot of money now." ”

"Then why do we have to borrow so much money, and if we are short of money, can't we print money?"

Hearing Da Yue'er's obvious layman's words, Li Jing didn't feel funny. In fact, most of the officials in Northeast Province now have this concept, and everyone's concept of financial management is the same as that of running a family in ordinary times, thinking that when they are thrifty, they can do as much as they want. Borrowing money is not a good thing in the eyes of many people.

But for future generations like Li Jing, the issuance of bonds is something that many countries do. Just like doing business, when the product sales are booming, it is very normal to borrow some funds to expand the scale of production. In fact, the same is true for the company to go public.

It's not that Li Jing has no money in his hands, but Li Jing can't spend all the money in a real way. Li Jing had to prepare a sum of money, but it needed to spend money. Therefore, it is very reasonable for Li Jing to issue a bond after calculating the future returns.

As for printing money when there is no money, this is even more of a layman's words. Li Jing has not completely abolished the currency status of gold, silver, copper and cotton until now, and has also considered it in detail. All currencies require a margin, and without a margin, money is printed indiscriminately, and the final result can only be inflation, Li Jingke has seen too many such things. The currency of many countries collapsed, and to buy a loaf of bread, you had to directly weigh dozens of catties of money for the transaction.

If Li Jing's banknotes are like this, it will be a real disaster, and all the economic order that is now being built will collapse, and it will be difficult to stabilize the northeast.

Li Jing briefly explained the practice of combining the deposit with the gold, silver, copper and grain standards of the Northeast Province, but seeing Da Yue'er's confused appearance, Li Jing laughed at himself and stopped talking. He, the future generations, can't figure out this set, how can a princess of the Bohai Kingdom figure it all out in a few words.

Although she didn't understand why she couldn't print more money, Da Yue'er also knew that Li Jing was not really short of money, and she was relieved.

"Bell"

Suddenly there was a loud bell outside, Da Yue'er was startled, and soon realized that it was the sound of the big grandfather clock in the Shuai's mansion. smiled at Li Jing blushing, "The slave is still not very used to this big grandfather clock, and it will ring the bell every half an hour to tell the time, which is always frightening." ”

Li Jing smiled, this bell is the freshest thing. The production technology of the table clock is not too complicated, and when the handicraft manufacturing industry and material line reach a certain level, the production conditions are fully met. Li Jing just found a group of mechanical craftsmen, and then pointed out the direction of clocks and watches.

These professional craftsmen studied according to Li Jing's direction, and it took more than half a year to find the direction, and then continued to improve, until now, more than a year, the first grandfather clock was finally finalized and produced.

This one in Marshal Li Jing's mansion was the first table clock officially produced. Inlaid with gold and jade, there is also a glass mirror, which is beautiful and luxurious. The bell is more than three feet high, and it rings every half an hour according to the 12-hour mark.

For Li Jing's proposal that an hour is equal to two hours, one hour and sixty minutes, and one minute and sixty seconds, the people in the clock factory are a little unaccustomed to it. However, Li Jing insisted on using the hour. Anyway, the grandfather clock rings once every half hour. A full circle is six hours, and another full circle is a full twelve hours. The units of time, such as hours, quarters, and minutes, are indeed much more accurate than those of a pillar of incense and a cup of tea in the past.

As soon as it was produced, everyone already decided that it would be a product that would be sold in a big deal after the glass.

Although the table clock was destined to be a luxury, it was very promising if it were to be trafficked to the West.

Li Jing is very business-minded and has made the clock factory develop several models, which are divided into collector's editions, collector's editions, luxury editions, ordinary editions and other models. The internal structure of the table clock is actually similar, Li Jing just asked them to replace the outside materials with pearls, jade, coral agate, gold and silver, copper, iron, wood, etc., and they can completely sell them to different customers.

"This is a baby, do you know how much our clock is worth?" Li Jing asked with a smile.

Da Yue'er shook her head, but she also knew that a magical timekeeping tool like a table clock would definitely not be cheap. What's more, this is not just a timekeeping tool, but also a collectible and a luxury item.

"For the time being, there is only this kind of three-foot-high grandfather clock, the price of the ordinary version is 300 yuan, the luxury brand is 1,000 yuan, the collector's edition is 3,000 yuan, and the collector's version is 10,000 yuan! Of course, for the time being, the workshop has just been established, the standard parts production line is still being improved, and the workers are also being trained. Therefore, in a short period of time, this magical timekeeping tool can only be produced in small quantities, and each clock will be auctioned off, and at least for a year, ordinary table clocks will not be produced. According to my estimates, this first auction of the table clock will have to be auctioned for a million yuan, and it will be sold exclusively to those who are cannibalizing and make a lot of money for them. ”

"A million?" Da Yue'er took a deep breath.

Li Jing smiled, scarce is expensive, thinking that in history, the queen of France once spent 300,000 gold francs to buy a mirror, and 300,000 gold francs is equivalent to at least one billion yuan in later generations.

The grandfather clock was originally intended for the rich. The royal family, the royal family, the giant businessmen, the nobles, are you afraid that no one will buy good things? When the money is almost made, you can launch a variety of versions, and even launch an ordinary version, and then the ordinary ones will be sold for hundreds of dollars, and I believe that most of the big businessmen and officials can buy it.

The price of the table clock has dropped, and at that time, Li Jing may have already studied the skills of pocket watches and watches, and he can make another round.

New techniques, new products, and people who make their first money will always be profitable. (To be continued......)