Chapter 832 Silver Coinage
"If you have any requirements, just ask me, I will definitely agree to you!" Li Shimin said happily when he saw Li Xiu finally agreed to preside over the money house. Not to mention one condition, he would agree without hesitation even if there were ten.
"Your Majesty, I need to separate out the power of coins controlled by the Ministry of Revenue and then let me take charge!" Li Xiu said immediately. What he wanted to build the central bank of the Tang Dynasty. If there is no right to mint, what else can I do? Moreover, the Tang Dynasty did not have a special coin minting agency, and the mint bureaus were set up in various places, and then they were uniformly managed by the Ministry of Revenue. However, due to different situations in different places, the mint coins minted were not even unified, and even the value of the currency was different. Li Xiu had long been disgusted with this situation.
"Accurate!" Li Shimin said without hesitation when he heard that Li Xiu wanted to mint coins. He had heard Li Xiu talk about the role of the money house just now, so he naturally knew that the right to mint coins must be managed by the money house, so that the role of the money house can be played.
"Your Majesty is wise!" Li Xiu said again at this time. He was a little depressed at this time. From then on, he was really trapped into the court. After all, the preparation bank was inevitable to deal with other yamen, and he also had to get the support of Li Shimin. The most important thing is that he would probably have to spend a lot of energy on these matters in the future, and it would be difficult for him to be as leisurely as before.
Next, Li Shimin discussed the specific matters of preparing the money house with Li Xiu, Changsun Wuji and others, but this matter was too urgent. Li Xiu planned to make a detailed plan after going back, and then submit it to Li Shimin. Then he would discuss it with Changsun Wuji, Fang Xuanling and others. Only when they all felt that there was no problem can they start the formal construction.
"Your Majesty, I have one last suggestion!" However, after the discussion, Li Xiu suddenly showed a somewhat embarrassed expression.
"Oh? What's the matter?" Li Shimin couldn't help but ask in confusion when he saw Li Xiu's appearance.
"That's right. The name of the money house was something I thought about last night, but now I feel it's a bit inappropriate. Why not change it to a bank?" Li Xiu finally said what he thought in his heart. This matter has been in his heart for a long time. After all, he has been used to the name of the bank in later generations. However, before, considering that silver is not the circulating currency of the Tang Dynasty, he used the older name of the money house. However, now he is going to preside over the preparations for this matter, and he is increasingly disliked by the name of the money house.
"Hahaha~, it's just a name. Why is the prince consort so entangled? But we can understand the money house. Where does the name bank come from?" Li Shimin laughed at Li Xiu's words, then asked curiously. Changsun Wuji and others next to him also showed confusion. After all, the name bank was really a bit puzzling to them.
"Your Majesty, our Tang Dynasty has always been short of copper, and even the supply of copper required to mint coins is insufficient, which has caused a shortage of coins in various places. In addition, the value of copper coins is too low. It is very inconvenient to use copper coins when conducting some large-scale transactions. Therefore, I think that some coins with higher value can be minted. For example, overseas silver has been flowing into our Tang Dynasty, and the value of silver is above copper, so I think that silver coins can be minted, or even gold coins can be minted in the future!" Li Xiu spoke again at this time.
In fact, Li Xiu wanted to get the banknotes out in one step, but in the Tang Dynasty, even if it was endorsed by the imperial court, it was impossible for the people to use paper instead of coins. For them, only precious metals such as real gold, silver and brass are money. As for the whole paper as money, it is simply a fraud. Even if the imperial court promotes it, you can't see that Jiaozi and the treasure banknotes of the Ming Dynasty failed in later generations? Although the biggest reason for the failure of these two banknotes is the indiscriminate is the reason why the people are not used to using papernotes.
"Use silver to mint currency?" Li Shimin couldn't help but frown when he heard this. After all, the Central Plains used copper as money for thousands of years, and now Li Xiu wants to add a metal currency, which makes him feel a little too bold.
"Your Majesty, silver coins are indeed unprecedented, but if your Majesty wants to create an unprecedented prosperity, he naturally needs to change some ancient systems. Therefore, I think the advice of the son-in-law is feasible. Of course, you can try it in Chang'an in the early stage. If the effect is good, it will not be too late to promote it to the whole country!" Du Ruhui was the first to support him at this time. If his eyes are far away and his decisive, no one in the court can compare with him.
Just as Du Ruhui finished speaking, Changsun Wuji also stood up and said, "I am fond of drinking tea. Some time ago, when I was in the East City, I met a merchant from the south who brought a batch of good tea, which was worth several cents of jin. At that time, I was very happy. But when I wanted to buy tea, the other party only had to pay the bill for cash, but no one would bring several cents of copper coins on it. As a result, when I sent someone to get the copper coins, the other party's tea had already been sold out. If there were silver coins mentioned by the prince consort at that time, I would definitely be able to drink good tea from the south now!"
Changsun Wuji did not say any big truth, but told his own personal story. Originally, a powerful man like him had to buy things in Chang'an, and he just needed to report his name to the store and then ask the store to send someone to the house to withdraw money. After all, they were generally more expensive to buy things, and it was impossible to bring so many copper coins on them. Of course, this could only be used for fixed stores. For example, merchants from other places had to bring a large number of copper coins to buy things from them.
"This... I heard that in the Han Dynasty, a large amount of money that costs one thousand was minted, and in the Tang Dynasty, there seemed to be some large amount of money that costs one thousand. Can't this method be used to increase the value of copper coins?" At this moment, Wei Zheng spoke conservatively, and he still felt that it was a bit unreliable for Li Xiu's proposal to use silver to mint coins.
"Doctor Wei didn't know that there were indeed big money that was worth ten or ten or thousands. However, both in the Han Dynasty and the Tang Dynasty, the number of such big money was very rare, and many people did not recognize this kind of money. After all, although this kind of money was larger than ordinary copper coins, it was not ten times or a thousand times larger. The reason why the people recognized copper coins was that they felt that the copper inside was valuable. The copper in the big money was not enough, so naturally they could not be circulated."
Li Xiu paused at this point, and then continued to speak: "In contrast, silver is much more expensive than copper. In the past, the silver in our Central Plains was less than copper, so we naturally could not make money. But now the amount of silver is increasing. According to my observation, many merchants now use silver to settle when doing business. After all, silver is of high value and is more convenient to carry. In this case, the silver coins we minted are also easy to accept."
As soon as more than one copper coins appeared in the Han Dynasty. In fact, it was like paper money, which was already a kind of credit currency. However, because the people did not accept it, the amount of such large amounts was very small, and even copper coins ended like this, let alone using more valuable paper money. This is one of the reasons why Li Xiu planned to take it slowly.
"Okay, since you all think that minting silver coins is feasible, then try it in Chang'an first. If the response is good, then promote it nationwide!" Li Shimin pondered for a moment after hearing this, and finally nodded.
Seeing Li Shimin agreeing, Li Xiu finally breathed a sigh of relief. Then the other name "Bank" was also decided. In fact, just as Li Shimin said, it doesn't matter what the name is, but because of Li Xiu's habit, he still prefers the name bank, and the central bank always sounds elegant than the central bank.
It was getting late at this time. Before he knew it, Li Xiu and the others had discussed it for nearly a whole day, and they had finished all of them. Li Xiu had to go back and write a memorial to open a bank, so he left. However, when he walked out of the palace gate, he couldn't help but turn his head to look at the majestic palace behind him, and then sighed, his expression very complicated.
When Li Xiu returned home, it was completely dark, and Li Jin had already come back. After dinner, Li Jin followed Li Xiu to the study room. As soon as he came in, he immediately spoke: "Father, you are so amazing. Today, the monks from Lingyan Temple went to Dali Temple. They were all distracted and had no intention of suing the lawsuit. After the Dali Temple Minister interrogated us, he had already sent someone to verify that the butt of Lingyan Temple was not clean. When they were checked, how could they turn over?"
"Haha, Inspiration Temple is nothing. If you take a step back, even if they win the lawsuit, they will become sinners in the entire Buddhism in the future. However, you should be more restrained in your work in the future. Even if Inspiration Temple is wrong first, you cannot use such rough means. Talking it out will only ruin your reputation!" Li Xiu couldn't help but show a serious expression when he said the last.
Li Jin is still young now, and at most others say that he is young and erratic, but when he gets older, if he still acts so presumptuously, it will leave a naughty impression. Li Xiu didn't want his son to be called a playboy. After all, if his reputation is bad, he will be affected in the future when he finds a wife for Li Jin.
"What the elders taught me is that I will pay attention in the future!" Li Jin nodded with a smile at this time, but looking at his appearance, he probably did not listen to Li Xiu's words, which made Li Xiu sigh helplessly. Now Li Jin is at the age of being hateful to people and ghosts, and he is also very difficult to listen to adults' words. However, this child is not bad in nature. Although he usually likes to make trouble, he should not do anything too outrageous like bullying men and dominating women.
The next morning, after breakfast, Li Xiu locked himself in his study and prepared to write the plan to build a bank into a memorial. However, at noon, he was suddenly interrupted by a message: Duke Ying Guo, Wu Shi Teng, passed away!
Chapter completed!