On the polo field, the players waiting for the game and the surrounding Yulin soldiers cheered immediately when they saw the emperor's carriage.

The atmosphere is very hot.

The emperor asked someone to summon Li Xiao over and speak.

"Auspicious, you are now a friend of the Dai Wang. If you have time in the future, you will teach the Dai Wang more."

Li Xiaoxin said that King Dai was only three years old and had just weaned a child. What should I teach him? I am not the young ladies in kindergarten. Besides, King Dai is now in Wu's palace, so I can't run there to teach him.

Li Zhi seemed to have thought of this, saying that in the future, I will let King Dai go to your mansion to receive education every month.

The tenth day is a holiday, how can you disturb my rest?

Li Xiao was very reluctant, but the emperor had no intention of discussing with him.

Today's polo game was very lively. The emperor came, and the ministers of the first major came. Even Changsun Wuji and Han Yuan, who had not appeared for a long time, also came. Even the exiled Ma Suiliang and Xue Wanche and others who had just returned to Beijing came.

The Yulin Army strictly guarded this side, and in the distance, across the Qujiang River, many Chang'an people also received news and came to watch early.

Changsun Wuji seems to have gained weight a little recently, and he even took the initiative to say hello to Li Xiao.

"Congratulations to Saburo, the young man is terrified and has been promoted again. Now he is already a formal fifth-rank official."

Li Xiao also smiled and bowed, "The Grand Tutor seems to have gained a lot of weight again. People say that the heart is wide and the body is fat. It is a good thing to have a broad heart, but you can't be too fat. Once a person is fat, especially when he gets older, these various problems will easily come to him. This diabetes and dizziness are easy to cause. You should pay more attention to exercise. If you are so excited about horse racing and ball playing, don't play anymore, but boxing, kicking and practicing arrows can still help you be healthy."

Diabetes is diabetes, and Zhenguan Prime Minister Ma Zhou suffered from this disease. Wind dizziness is considered hypertension, and Taizong Li Shimin also had hypertension.

Changsun Wuji touched his face, "I have been a little fat lately. When this person is idle, he sometimes becomes lazy. After hearing what you said, I have to go up early and practice tomorrow."

In fact, watching polo today is just an introduction. The real purpose today is to raise funds. Because of Li Xiao’s suggestion, the Ministry of Revenue did not implement a bond levy law, but followed Li Xiao’s advice and held a polo competition. The emperor attended in person. Then a group of veterans, important officials, nobles and royal relatives came to watch it. Taking this opportunity to use Baekje’s land and slaves as conditions to issue bonds and raise funds.

This is what happened. Before coming, the Ministry of Revenue had already made detailed instructions and delivered them to all the powerful people together with the post.

Changsun Wuji went straight to the point, "The old minister thought it was very good about the court's issuance of bonds. It was a good method to borrow it temporarily. It was a good method to mortgage it with Baekje land. The old minister was willing to subscribe to 10,000 jin of bonds!"

The Ministry of Revenue made a plan that Baekje's land was divided into three grades, one mu of upper land, one mu of middle land, one mu of middle land, one mu of lower land. Baekje's slaves were also divided into three grades according to men and women's strong and weak, and one mu of upper land, one mu of lower land.

Whether it is the price of land or the price of slaves, it is a huge difference compared to Chang'an, but after all, these people are in Baekje, east of the sea, which is still a war zone.

Changsun Wuji wanted to subscribe for 10,000 guan as soon as he spoke. Li Ji could show his weakness and also expressed that he wanted to subscribe for 10,000 guan.

The two big shots spoke, and Li Daozong also made a statement to subscribe to 5,000 guan. His status was no less than those two, and he consciously lowered his position.

Everyone spoke enthusiastically, you are three thousand and two thousand, and you are all the ones who are not short of money.

This hot scene made Emperor Li Zhi unpredictable. He originally thought it would be difficult to borrow some money from the nobles.

Li Xiao expected that the land and people in Baekje are so low, and the land is good, they are all in large quantities, and they are packed and sold slaves. There are risks, but they are definitely high-quality assets.

Which powerful people are stupid?

The top-grade fertile land is only three stale and one acre. If you are in Chang'an, you will have to increase it by at least four or five times, not to mention that Chang'an is hard to buy, and it is also a broken land if you buy it.

The plan to dig out the secrets of the court was from Li Xiao.

Of course, Li Xiao would not be polite, so he decisively called for a 3,000-guan bond, and directly stated that he wanted 1,000 acres of land and 3,000-guan.

Li Xiao didn't want a slave.

"I want the land but not the slave?"

Li Xiao smiled, "It's tight."

Changsun Wuji said generously, "If I'm short of money, I can lend you first. Just say it directly, 10,000 guan."

This sentence attracted many people's attention. Everyone knew that the current residence of Lantian County was worth at least 5 million, which was given by Changsun Wuji. Now he is so generous to borrow Li Xiao's money. They can't help but guess what the relationship between Li Xiao and Changsun is.

"No." Li Xiao shook his hand and refused.

"Why are you polite to me?" Changsun Wuji said.

Li Xiao was not polite, and he really felt that there was no need to borrow it. He subscribed to the bonds of 3,000 guan, and the court mortgaged him 1,000 acres of Baekje high-quality land. Li Xiao had already thought about it, and he didn't have to buy these 3,000 acres of land directly. Anyway, this is the mortgage of the bonds. He could take these 3,000 acres of land and ask the court to re-mortgage him again, and then buy slaves or land from the court.

You don’t have to pay a penny more, but you can do more things. Although it sounds more complicated, this kind of operation will be too common in the future. You can buy a house and buy a car with a loan, and then go to a mortgage to do business. There are many such things, which can be used to live in a new house in advance and drive a new car in a new car, and there will be capital turnover and a larger leverage, but that is a normal operation.

This is like when people in later generations do business, who doesn’t borrow money or take out loans? Even the government knows how to make rational use of the deficit, and you rely on your own funds to do a business. This is too unscientific.

Even ordinary people know that buying a car and a house requires a mortgage and cannot pay the full amount.

One million trump cards of bonds were sold out in a blink of an eye.

The Ministry of Revenue Department branch officer Wailang, who was in charge of registration, told the emperor in surprise that the polo team was still warming up, and that the one million yuan here had been subscribed by the nobles and senior officials.

There were even people behind that didn't line up.

All in all, snap up everything.

Those who can be grabbed are all high-ranking officials and nobles of at least the fifth rank. Other officials have not even been ranked for the chance to grab them.

The interest rate on bonds is not high, with a one-year term of only 30% interest, which is nearly 100% different from the money of the public government, let alone private lending interest.

But the powerful still snatched it up. Everyone was not interested in the interest, but the land and slaves of Baekje mortgaged by the court.

The powerful and powerful never lack money, but they want to buy land, but it is difficult to buy good land. It is even more difficult to have a large number of slaves at the beginning of the founding of the country.

Now Baekje is a good opportunity. Baekje is no better than the northern Turkic grassland, nor is it like the Qinghai Tuyuhun, nor is it like Gaochang in the Western Regions, or even much better than the ghost places in Lingnan.

The fertile fields are scattered and large numbers of war prisoners are sold into slavery. This is a feast, who would like to miss it?

Hearing that one million yuan had been subscribed, Li Zhi nodded happily and even turned his attention to Li Xiao and cast several admirable eyes at him.

Li Zhi was very satisfied that the fields of the newly occupied land in Baekje were able to be cashed out so quickly.
Chapter completed!