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In Dengzhou in December, the whistling cold wind penetrated into every gap in his clothes, making him so cold that he wanted to shrink his neck into his collar. There were still countless ships relying on the docks in Dengzhou. A large number of ships at the port went to the Bohai Sea, Silla, and Japan in the winter monsoon, and also headed south with the wind. But there were also some caravans from the south, who came to Dengzhou against the wind with their developed sailing skills at this time. The closer the New Year is, the more ships there are in Dengzhou.

There were no walls outside the city of Xin Dengzhou City, but eight new city gates were built, and a number of new military strongholds such as battalions were built at each city gate.

As the end of the year approaches, countless convoys and people come in and out, and there is a busy scene.

This port city, handicraft city, cultural center, economic center, military, civilian and workers have exceeded one million. It has become the unquestionable handicraftshop manufacturing center and consumption center of the East of the Tang Dynasty at this time. Whether it is food, various necessities for daily necessities, or even various luxury goods, the demand for Dengzhou City is extremely amazing.

Compared with the hot consumption in Dengzhou, Dengzhou's handmade manufacturing industry is more developed. From the simplest sewing needles, to fabrics, to carriages, ships, etc., Dengzhou has a complete and huge commodity production scale.

In the fifth year of Qianfu, Huang Chao first burned Guangzhou, then destroyed Jiangling, and finally occupied Jiangxi, attacked Jianghuai, and rebelled in the four towns of Hebei.

The development of Dengzhou's commerce has hit hard, especially the trade of domestic commodities in the town. The water transportation lines that transport Dengzhou commodities are all under great threat.

In the third quarter of the fifth year of Qianfu, all workshops in Dengzhou were hit hard, and many goods were even unable to be shipped, resulting in a backlog of products and unable to recover payments. The capital chain was in danger of interruption.

However, at this dangerous critical moment, Li Jing defeated Goguryeo and did not immediately lead his troops to turn around and join the war. Instead, he began a huge round of development in the Northeast.

At the beginning of the Northeast Development Plan, a large number of Northeast Goguryeo people were moved back to the Central Plains. These people were placed in the mainland, which made the construction, real estate and other industries first recover, and then led to the thawing of the building materials market. Subsequently, various daily necessities-related yarn mills, dyeing cloth shops, clothes and sock shops, clothes and hat shops, furniture stores, furniture stores and other workshops and shops also improved.

Then there are money houses, breeding farms, etc. that benefit as well.

Li Jing invested a lot of money in the large-scale migration and resettlement of millions of people, and a large number of workshops and shops received orders.

Then the Goguryeo Hu people who sold their property in Liaodong began to rebuild their homes. Everything started again, and everyone needed houses, daily necessities, production tools, etc.

Finally, the arrival of these people facilitated various workshops and mines, and they had a large amount of new labor.

And this is just a corner of ice water. What really made the business community in Dengzhou prosper again was the development of the Northeast. Countless new immigrants went to the Northeast to build roads, bridges, cities, military city fortresses, etc., and a large number of new villages and towns were also emerging and built. These infrastructure alone completely led to more workshops, shops and mines receiving a large number of orders.

In Li Jing's words, since the sales of goods were affected due to the civil strife in the Tang Dynasty, we should simply develop the Northeast to carry out a large amount of infrastructure construction and expand domestic demand. At the same time, Li Jing and Li Rang and others tried their best to trade in Dengzhou's commerce and trade in oceans, and through the maritime silk chaos, they sold more goods, including South Asia, East Africa, Arab World, Mediterranean, Red Sea and other farther Western worlds.

Using these trade profits, we will turn around and support the construction of the Northeast, accelerate the reclaiming and hoarding of land in the Liaohe Plain in Northeast China, and expand grain production.

As long as the town is stable, there is no war, no disaster or famine, everyone has a job and enough food to allow the people to feed the people in the governance, then Li Jing's rule will only become more and more prosperous and stronger.

As a result, hundreds of projects started in the entire six towns, 21 prefectures and 100 counties in the Xialiu District, Northeast Road, from one town to a small town, hundreds of projects started.

Fortunately, although there are many projects, Li Jing had already planned it, so he did not act in a mess and put it on randomly. For this reason, Li Jing specially set up an audit department. Just like the three departments in the late Tang and Northern Song dynasties, this audit department was also like the Development and Reform Commission of later generations. It has huge power. It not only in charge of finance, but also cares about everything involved in finance. From the military to the people, even local prefectures and counties, it can also manage finances. Although it is just a temporary institution, it is also amazing.

Li Rang serves as the director of the Audit Department and is fully responsible for all this.

The entire immigration, resettlement and Northeast development are all under the supervision of the Audit Department, and the road construction, city construction, water conservancy, military and other projects in various prefectures and counties are under their supervision from project establishment to review to withdrawal of funds to supervision.

The Audit Department Committee transferred up to hundreds of officials to coordinate this work specifically, preventing chaos in affairs and ensuring the smooth progress of the entire huge resettlement and Northeast Development Plan.

Because of this audit department, the power of local prefectures and counties, especially those in the Tang Dynasty, was greatly reduced. Not only did they lose most of the military power and judicial power in the vassal states, but now they have lost their financial power.

In the Audit Office of Dengzhou, every day, there are staff members from 16 prefectures and 100 counties who stay here to report and approve projects and seek funds.

The Marshal's Mansion is rich, but on the one hand, it has to maintain huge military expenditures, and on the other hand, it also needs to support this huge resettlement and Northeast development plan. Naturally, it is impossible for all prefectures and counties to treat them equally. In this way, if you want to compete for funds, the Audit Office will be a battlefield every day.

To this end, Li Jing and Li Rang discussed several times, and finally changed the original bank to Oriental Bank and issued the Northeast local bonds for the first time.

After Li Jing and Li Rang carefully explained the things like bonds, Li Rang, who was good at operating, immediately turned red. In the end, Li Jing was conservative. The first Northeast bond was issued with a quota of 30 million guan, which was a five-year registered bond with an annual interest rate of 5%. Five years after 30 million bonds, Li Jing had to pay 7.5 million guan.

Although the interest rate is not light, Li Jing believes it is still feasible. After all, national debt is a common financial method in later generations.

Li Jing also considered the number of 30 million guan for a long time. When the Tang Dynasty was rich, the court's annual income of two taxes was only 30 million guan, and of course there were still tens of millions of stones of grain.

The Tang Dynasty actually borrowed this way, but it was not to issue bonds. When the court had no money, it directly borrowed money from the rich family. The Tang Dynasty forced money from wealthy families in Chang'an several times, and they borrowed one-tenth of the property, which was somewhat similar to a property tax. However, the court's actions were unpopular and often caused resentment from heaven.

Li Jing can't do this when he gets bonds.

His Northeast bonds were purchased voluntarily, and there was an annual interest rate of 5% for the bonds. At the same time, Li Jing also provided some tax preferential regulations to the wealthy households who purchased them and gave a certain amount of exemption.

Of course, the most attractive thing about Li Jing's launch is not interest rates and tax cuts.

The innermost city of Dengzhou City, the former East Street of Old Town.

Dengzhou City has been continuously expanded today, and the oldest Dengzhou City has also been fully planned and renovated. After the newly renovated old city, it has become a noble area with every inch of land. There are the most luxurious high-ranking government offices and huge merchants with wealth of 100,000 million yuan. The streets here are even commercial pedestrian streets where horse and carriages are prohibited from passing.

The best products in the entire Northeast Road are in this old town, with all kinds of products available here, and almost all of them are famous brands.

In this aristocratic area, the East District is a concentrated residential area for high-ranking officials in Northeast Road, while the West District is a residential area for those giant merchants. Most of these merchants are maritime merchants, all of whom are extremely rich. Among them, Liu Zhai covers a vast area in the western area, and the owner of the house Liu Shouye is a very famous maritime merchant in Dengzhou. He has a fleet of more than 100 ocean-going ships, specializing in the Mediterranean countries such as Dengzhou to Rabbe and Fulin (Eastern Roman Empire, that is, Byzantine) and Persia.

He made a lot of money by selling Dengzhou's glass, liquor, perfume, cotton cloth, rock sugar, white sugar, tea, silk, porcelain from the south to the West and then bringing back various Western product searches. In particular, after Dengzhou invented the sea-based compass, Qianli mirrors and improved the watertight tank technology, the canned vegetables and fruits produced in Dengzhou greatly reduced the risks of ocean-based oceans and increased the profits.

Liu Shouye, who is over 50 years old, has been well maintained. Now he no longer runs on the sea with a boat. His sons take turns running to the sea and are responsible for purchasing and selling goods. He has been running on the sea for most of his life, and now he has completely stopped to enjoy his old age. The old man enjoys this kind of life very much.

Although it was almost the end of the New Year and the wind was whistling outside, there was a kang in the old man's room, which was very warm.

Liu Shouye was wearing a well-cut cotton robe and lay half on the soft couch, listening to the twelve-year-old Changsun Qinglang's voice reading newspaper for him.

Liu Shouye didn't know much about literacy. He was born in poverty in his early years. He was a beggar at first and later became an apprentice. Then he gradually went from an apprentice to a fleet manager and a boss. He also knew a few words, but he didn't know much. In his life, he admired and respected the most educated scholars. Unfortunately, although he sent several sons to study and hired a large sum of money for his husband, he still did not have any talent in the end. Now, several grandchildren have started to go to school and went to Dengzhou Academy to study, with his expectations and hopes.

Liu Shouye, who listened to his grandson's newspaper reading with his eyes closed, was very satisfied. Although this eldest grandson was not as arrogant as his sons, he was a little weaker. But he reads well, at least he reads very well in the newspaper.

Just as he was about to exclaim a few times, Liu Shouye suddenly heard his grandson read a content. He was a little surprised. Prince Andong actually wanted to issue bonds? What are bonds? Are they the same as banknotes?

Liu Shouye had a very experienced vision. When he came from Guangzhou to Dengzhou, he moved his business focus to Dengzhou. Facts proved that his decision at that time more than doubled the Liu family's business. When he came to Dengzhou, he was very interesting to Dengzhou's banknotes. Under the rule of the prince, the monetary system here was completely different from other places in the imperial court.

He has been doing business for many years and has seen the imperial court and local finances. It can be said that it is a chaos. Money shortage, chaotic prices, fake money, and even the people can barter. But Dengzhou is completely different. Gold, silver, copper coins are circulated together, and silk is also available. What is more important is that they use paper to make money. But this situation that should have been more chaotic did not happen in Dengzhou. In these twenty states, the currency is unified and the prices are stable. If you don’t look at the other side, just looking at the stable price of grain at five cents per kilogram is enough to make people shocked. Dengzhou has a kilogram of rice for five cents, but when Dengzhou comes, it is almost 600 cents per dou, which is equivalent to 100 cents per kilogram, which is twenty times the price of rice in Dengzhou.

My thoughts were developing a little, but I heard my grandson continue to recite.

"Anyone who purchases the most ten people in Northeast bonds this time will personally award the Medal of Benevolence by Prince Andong!"

Hearing this, Liu Shouye's eyes suddenly opened, and his eyes were full of glory. Previously, Prince Andong awarded medals to his soldiers, and all those who received medals became nobles, more than one hundred jazz and more than three hundred medals. Could it be that this time, regardless of the identity of scholars, peasants, industry and commerce, as long as they purchased the most ten people, they could get honors and become nobles?

Liu Shouye was an orphan. Although he started his business, his family had a fortune of tens of millions. Although he had money, he had no identity.

In the past, he didn't think there was anything wrong with this, after all, merchants have always had the lowest status. But in Dengzhou in recent years, he found that the status of merchants in Dengzhou is actually not low. In particular, Li Jing, the prince of Andong, had a different attitude towards merchants than other superiors in the world.

And now, a businessman has the opportunity to become a nobleman.

Liu Shouye couldn't help but feel heartbeat and breathed rapidly in his chest.

If you study well, you will become an official!

Even an ordinary farmer, if you have the conditions, you can still let Lianming's children study. If you read well, you can become an official. Once you become an official family, the status of the entire family will change from then on.

But businessmen are not good. Once they go to business, they often don’t even have the opportunity to jump into the dragon gate. No matter how rich a businessman is, he is regarded as inferior. Doing business is even more a cheap business.

Liu Shouye has achieved great success in business since he has reached this point. He also thought that he hopes that one day the fate of the Liu family will be changed.

But it is too difficult to go from business to officialdom, and it is even more difficult than going from farmer to scholar.

But now, Li Jing is willing to give out ten awards to issue bonds. This is equivalent to Liu Shouye. This is a huge opportunity, an opportunity that cannot be missed, and may never be missed, and an opportunity to change the fate of the descendants of the Liu family.

Liu Shouye breathed heavily and stood up, scaring his grandson who was reading the newspaper.
Chapter completed!