Chapter 47: New Ming Dynasty banknotes with crazy price increase!
After experiencing the previous episode, the officials who queued up for replacement became much more honest.
The queue lasted until the end of the day, and the 300,000 new Ming Dynasty Bao banknotes printed by the Baochao Department in the past few days had been completely replaced.
So He Yong, the president of the Beijing branch, could only walk out of the accounting room and apologize to the Ming officials who were still lining up.
"My lords, I'm sorry, today's Ming Dynasty banknotes have been exchanged."
"Sir, if you want to exchange Ming Dynasty treasure banknotes, please come early tomorrow."
After saying that, He Yong turned around and returned to the Beijing branch.
In front of the Beijing branch, the officials who had not received the new Ming Dynasty banknotes felt blank for a moment.
After reacting, everyone was dumbfounded.
"This...this...the new Ming Dynasty banknotes have been replaced? What should we do?"
"Your Majesty does not allow us to use silver money. The new Ming Dynasty treasure banknotes have been exchanged. So those of us who have not exchanged the banknotes can't even use the money?"
"I haven't exchanged the banknotes yet. ? I haven’t got the money yet!”
< br>"What should I do? I still have a large family at home who need money. How can I use money if I don't have Ming Dynasty banknotes?!"
"..."
I didn't get it The officials of the new Ming Dynasty Baochao were anxious.
Finally, they targeted those officials who had already exchanged their money for the new Ming Dynasty treasure banknotes.
"Feng Shaoqing, I remember that you exchanged a lot of Ming Dynasty treasure banknotes, right? Look, can I exchange some money with you for some treasure banknotes?"
"Don't worry, I won't let you You exchanged it for nothing. I am willing to pay you some more money in exchange for it. "I'll give you three hundred and fifty taels of silver in exchange for three hundred guan, what do you think?"
Feng Zheng, the young minister of Honglu Temple, was a little embarrassed. After getting more than 1,300 yuan, he was suddenly stopped by his colleagues.
Three hundred guan notes are exchanged for 350 taels of silver. At any other time, this would be a very profitable business.
But now the situation is special. Officials like them cannot use the money and can only exchange it for Ming Dynasty treasure banknotes.
In this way, he suffered a loss, but that person was a colleague...
Feng Zheng hesitated for a while, but agreed: "Okay."
So the two of them made a transaction in the street, exchanging silver for banknotes.
Such a move made other officials who had not exchanged for the new Ming Dynasty treasure notes suddenly enlightened and followed suit.
"Feng Shaoqing, I am also willing to give you 350 taels of silver in exchange for your 300 guan notes!"
"Feng Shaoqing, I am willing to give you 400 taels of silver in exchange for your 300 guan notes!" Please exchange it with me, Feng Shaoqing!”
“Feng Shaoqing, I will give you four hundred and fifty taels of silver in exchange for three hundred coins!”
“…”
Feng Zheng was startled and quickly tightened his sleeves.
"Not much, not much, I don't have much anymore."
"I'm sorry, colleagues, I really can't change it. Please change it with someone else."
< br>After saying that, Feng Zheng hurriedly got into the carriage and urged his servants to drive home quickly.
After Feng Zheng left, the officials who had not received banknotes turned their attention to other officials who had successfully received banknotes.
"Mr. Shao, are you willing to exchange one hundred guan notes with me? I am willing to give you one hundred and thirty taels of silver!"
"Cheng Yushi, I will exchange you for two hundred guan notes with three hundred taels of silver. How about it?"
"Master Wang, six hundred taels of silver, how about three hundred guan banknotes for you?"
"..."
Officials' offer Getting higher and higher, getting more and more outrageous.
At its peak, a banknote of the same denomination could be exchanged for two to five cents in silver.
Such a crazy exchange rate made the people who had been watching the excitement stunned.
At the same time, they also began to realize that the newly issued Ming Dynasty banknotes this time were completely different from the Ming Dynasty banknotes issued before.
Officials discussed the matter of exchanging banknotes for a long time outside the Beijing branch.
Many transactions were made, but even more were not.
It was not until it was getting dark that those officials who had not received the new Ming Dynasty treasure banknotes reluctantly dispersed. When night fell, thousands of Xichang fans rushed to the Beijing branch and surrounded it, blocking the way.
Subsequently, the door of the Beijing branch opened.
Car after car, carriages loaded with silver, drove into the palace under the escort of Xichang Fanzi.
There are fifteen carriages in this convoy, each carriage pulling twenty thousand taels of silver.
In one day, three hundred thousand taels of silver entered the internal funds!
When Zhu Youtang learned the news, although he was well prepared, he inevitably felt a burst of anger in his heart.
“You mean, less than two hundred officials exchanged 300,000 taels of Ming Dynasty treasure banknotes?”
“Each person exchanged an average of 1,700 taels of silver?! ”
“And many officials started asking for high-priced banknotes at the gate of the Beijing branch before they could exchange them for precious banknotes? ”
"The highest price actually reached two taels and five taels of silver, which can be exchanged for a Ming Dynasty treasure note?!"
Zhu Youtang angrily patted the dragon case, with murderous intent all over his body.
"It seems that I still killed less!"
Wang Zhi stood respectfully in front of Zhu Youtang without saying a word.
However, since Zhu Youtang has said before that he will not care how much money they exchange for Ming Dynasty treasure banknotes, he will not blame them for this.
If Zhu Youtang is true, he will kill all corrupt officials.
If all the officials of Ming Dynasty were killed, there must be unjust, false and wrong cases.
But if you kill every other person, there will be a lot of fish that slip through the net.
The corruption of officials in the Ming Dynasty was systemic corruption.
From top to bottom, from inside to outside, from center to place...
There is no place that is not corrupt.
To solve the corruption problem of Ming Dynasty officials, we must do it slowly and never in a hurry.
Zhu Youtang's current goal is to raise money as soon as possible, and now it seems that it is relatively successful.
Of course, it is impossible for him to spend all the money.
According to the bank reserve ratio of 20% set by Zhu Youtang.
Of the 300,000 taels of silver, he could probably use 240,000 taels.
So much silver is already pretty good.
And there are still a large number of officials who have not yet received the Ming Dynasty treasure banknotes.
For some time in the future, the Beijing branch will continue to deliver silver to his internal funds.
Thinking of this, even Zhu Youtang couldn't help but feel a little excited.
Considering that there are still many officials who have not received Ming Dynasty treasure banknotes, and the Baochao Department can only print up to 50,000 coins a day, Zhu Youtang set another rule.
"Wang Zhi, pass on the order. For a period of time, each person can only change up to five hundred guan notes per day."
"Yes, Your Majesty."
Wang Zhi After nodding to accept the order, he quickly left.
……
The next day.
It's not yet dawn, but there is already a long queue outside the Beijing branch.
The officials who did not get the new Ming Dynasty banknotes yesterday learned their lesson and queued up early in front of the Beijing branch.
The only difference between today and yesterday is that, except for the officials of Ming Dynasty.
There were actually a few people from the capital who were also queuing up to change banknotes.
This made the officials in line dissatisfied and ashamed to associate with these common people.
But the Xichang fans who were like wolves and tigers around them stared at them closely.
This makes them afraid to have an attack and can only keep their dissatisfaction in their hearts.
(End of this chapter)