Chapter 715: Difficulties in Open Source and Expenditure
It was already late August, and the one and a half months of Crouching Tiger Trade Fair was still being held lively, but Zhao Xing no longer had the interest in going out to wander around. (_ )
That afternoon, Zhao Xing called Liu Jili, Qin Yilu and Mi Zhen to his study and carefully inquired about the current income and expenditure situation inside and outside the government. The result was as he expected: the future is bright and he is short of money now.
Qin Yilu was mainly in charge of the storage, transportation and sales of commodities within his sphere of influence for Zhao Xing. All the large-scale workshops, workshops, guilds and chambers of commerce in Jin State were under his control, equivalent to the Minister of Commerce and Minister of Foreign Trade and Economic Affairs of the Later generations.
Liu Jili was mainly in charge of the farmers, soldiers, merchants and gold banks within the sphere of influence, as well as the gold and silver exchange, paper money printing and issuance, and other businesses involving lending, capital injection, equity investment, asset appraisal, etc. for Zhao Xing, which is equivalent to the later Minister of Finance and the Governor of the Central Bank.
Mi Zhen directly manages the expenses of the inner government. As the largest landlord, the largest factory owner, and the largest shareholder, Zhao Xing's annual income in various industries flows to the city lord's mansion. The wealth Zhao Xing now has on the books is no longer a rich country, but in fact, the amount of gold and silver stored in the treasury in the backyard of the Zhao Mansion will not exceed one million taels of silver.
Where did Zhao Xing's money go? The answer is that as start-up capital, it flows to the newly occupied areas, becoming investments in the construction of water conservancy, roads, land remediation, and public welfare infrastructure. Another large part of it is used as welfare, and every time the year comes, it is distributed to all the people.
Liu Jili once did statistics. Since Zhao Xing first distributed the Changhe Daqu to the people as a welfare, Zhao Xing, the God of Wealth, has accumulated wealth of more than 80 million taels of silver to the people under his rule over the years. As the number of people under Zhao Xing's control increases, the population he governs now has exceeded 10 million. Even if each person only gives one tael of silver during the Chinese New Year, Zhao Xing has to spend a full 10 million taels!
Starting from the military supplies used for the Western Expedition Army for three years ago, a large amount of silver and money were spent like flowing water by Qin Yilu and Liu Jili. In order to maintain the military expenditure of nearly 500,000 people, the two of them were so worried that they had broken their hair.
Even without the explanation of the two, Zhao Xing knew very well that sending troops to fight has been the most expensive action since ancient times. In order to fight the Huns, Emperor Wu of Han almost exhausted the wealth accumulated by Emperor Wen and Jing in the past fifty years.
In order to realize this shocking plan, Zhao Xing had completely used up all the money accumulated by him. Taking advantage of the end of the commodity ordering meeting at the trade fair and the Wohu City finally had a new investment, Zhao Xing gathered everyone to discuss the next plan to increase revenue and reduce expenditure.
Zhao Xing first said: "Everyone has summarized our actual assets just now. The situation is really worrying. If we cannot find a way to increase revenue and reduce expenditure, we are afraid that we will go bankrupt until we get a harvest. What does bankruptcy mean? I think everyone is more clear than me! If we cannot exchange national debts to the people, cannot pay salaries to the army, officials and people from all walks of life, and cannot provide enough food and clothing to the people, then without waiting for others to attack us, the seemingly powerful Jin State will be in chaos!"
Qin Yilu reported: "According to our tracking statistics, the total fixed population of Jin, Liang, Youzhou, Jizhou, Qingzhou, Xuzhou and other places has exceeded 11 million, of which the population of Jin is about 3.5 million, Liang is about 2 million, Youzhou is about 2.4 million, Jizhou is about 1.6 million, Qingzhou is about 1 million, and Xuzhou is about 900,000. If we include the Western Regions, Fuyu, Dongsheng and the future entire northeast, there will be at least 5 million people. In other words, in the next few years, we need to support more than 16 million people, and solving food and clothing is still the biggest problem we face."
Liu Jili reported: "In the area we control, if the annual new wealth is converted into silver according to the current exchange rate, it will be about 89 million taels, which is estimated to account for 60% of the entire Han Dynasty. The actual annual tax income of governments in various places does not exceed 10 million taels, the income of the inner government is nearly 20 million taels, and the remaining 60 million taels flows into the people and hides wealth among the people."
Mi Zhen continued: "This time, the Wohu Commercial Exhibition received a total of 12 million taels of deposit from various places, which is 5 million taels less than the previous one. The main reason is that the franchise of some commodities has not expired. In addition, as the territory we control has become larger and larger, many places have not come to participate in the trade fair, but can directly obtain quotas through internal share allocation without spending money."
After hearing the words of several people, Zhao Xing focused his mind and thought for a long time, and then said: "According to the current situation, we are no longer able to support a new war. The Western Regions must base ourselves on themselves to support the war. Liangguo, Jizhou, Qingzhou, and Xuzhou all need to rest and recuperate. Youzhou can barely support the use of troops against Liaodong, and the expenses of the Heishan Army and the navy must be borne by the inner government."
"At this time, four million taels were knocked out from all forces, of which one million taels of grain sent by Jingzhou were transported directly from Shangyong to Liang Kingdom, which could just alleviate the problem of lack of grain supply in Liang Kingdom. The minerals sent by Sun Jian in Wuzhou would not be dug up for a while. The 2 million taels of silver sent by Cao Cao in Yanzhou, Yuan Shu in Yangzhou and Liu Yan in Yuzhou were allocated 500,000 taels of silver to Youzhou Legion, 500,000 taels of navy, and 1 million taels of Liangzhou Legion." Zhao Xing continued to instruct.
"The 12 million taels obtained at the Wohu Merchants Exhibition will be allocated 2 million taels for special construction funds for Jizhou, 1.5 million taels for Liangguo, 1.5 million taels for Youzhou, 3 million taels for Qingzhou, 3 million taels for Xuzhou, 600,000 taels for Fuyu, and 400,000 taels for Dongsheng."
Seeing that Zhao Xing mentioned only three legions, Qin Yilu asked: "Where does the military expenditure of other legions cost?"
Zhao Xing replied: "The Pingxi Army will use war to support the war in the future and will no longer spend from Jin. If the ** expenses are insufficient, they will be supported by the inner treasury. The Qingzhou and Xuzhou Legions temporarily maintain the status quo, and the expenditure will be solved by Qingxu and the two states of Qing and Xuzhou. The military pay for the Canglang Army soldiers and the Black Mountain Army soldiers will be paid by the inner treasury, and the food and grass required will be supported by the current Fuyu and Dongsheng countries. After a while of rescuing, the farmers, soldiers, merchants and financial banks will increase their support and investment in the two countries."
Liu Jili proposed: "Now that money and food are tight, can we issue a new batch of treasury bonds and raise funds from the private sector?"
Zhao Xing replied: "We must issue treasury bonds based on the amount of private wealth, not a matter of fishing for exhausting water. At present, private working capital is obviously insufficient, and treasury bonds cannot be issued for the time being. We need to wait until the third batch of treasury bonds expire, and it depends on the situation."
Finally, Zhao Xing reminded several people: "The next two years will be the most critical two years. All major items of material flow and money gathering must be approved by me before they can be implemented!"
Chapter completed!