The first day of the opening of the Ministry’s bank can only be described as lively. The eight branches were surrounded by people all day long, and some people went in one after another. However, most of them exchanged silver for some gold and silver coins. These gold and silver coins were made too gorgeous. Although they knew that they would lose half a century after they exchanged them, some merchants and wealthy families still couldn’t help but change a lot.

In order to encourage everyone to use gold and silver coins, if you use gold and silver coins to exchange gold and silver coins in the bank, the bank will be completely free. But anyway, if you want to use gold and silver coins to exchange gold and silver coins in the bank, you have to pay a half-cent fee, that is, one tael of silver can be exchanged for one silver coins, but if you want to use silver coins in the bank for silver, you can only exchange nine cents and five cents.

In the evening, after the eight branches closed the count, a total of more than 80,000 silver coins and more than 1,000 gold coins were exchanged, and nearly 100,000 taels of silver were collected. This was a gratifying achievement. According to Chang Baili, the court's coins were 15% profit, but in fact, due to the complete use of machines, the court's coins were as high as 19,000 taels of silver. On the first day of the opening of the Ministry of Revenue Bank, the income from gold and silver exchange alone was as high as 19,000 taels of silver.

With such huge benefits, both the Minister of Revenue Xiong Rulin and the President of Fan Yue were both happy. Li Zicheng could squeeze out 70 million taels of silver in the capital. It is expected that the silver circulating nationwide will not be less than 300 million taels. If all of these silvers can be minted into silver coins, the court's income could reach 60 to 70 million taels. The more the two of them calculated, they would be more shocked. If it weren't for the fact that it was too late, they would have wished to enter the palace to report the good news immediately.

As soon as he went down the court the next day, Xiong Rulin pulled Fan Yue to the palace to report the good news. After knowing this result, Wang Fu was very happy. However, although he was happy, Wang Fu was more concerned about the deposit situation. No matter how big the coin benefits were, it was a one-time transaction. There might be explosive returns in the past few years. Later, the returns will become less and less. Deposits and loans are the most important link in the banking system, and the returns will become larger and larger in the future.

After laughing, Wang Fu immediately asked, "Fan Aiqing, how many deposits were yesterday?"

When he heard the emperor ask about deposits, Fan Yue's smile suddenly closed. Compared with the benefits generated by the exchange, the deposits of each bank were not satisfactory yesterday. Although the Ministry of Revenue Bank issued an annual interest of up to 80 cents, even if it only deposited for three months, there was an interest of 50 cents, but not many people were deposited. Fan Yue gritted his teeth and said, "It's less than 10,000 taels to go back to the emperor.

”

Eight-cent interest sounds wonderful. Although it is not as good as loan sharks, loan sharks have to work hard after all, and it is even more troublesome to force people to death. This is enough to move the bank to the bank and eat interest every year. Just move the bank to the bank and only change it to a piece of paper. Many people are worried after all.

Gold and silver coins are different. The court has issued a clear edict that no cash will be charged next year's taxes, only gold and silver coins will be collected, so they don't have to worry about any losses. In addition, the exquisite gold and silver coins are made, so so many people will exchange them on the first day.

Wang Fu heard it without comment. The ten thousand taels were probably more of the friendly sponsorship of some officials. He comforted him: "Don't worry, ten thousand taels are only ten thousand taels of silver. When the later, those who do not save money will regret it. The interest will be adjusted once a month. After four months, the interest will be only four cents."

Unlike the issuance of banknotes in later generations, which will have inflation every year. Now every cent of interest paid by the Ministry of Revenue is real money. The Ministry of Revenue does not lend to foreign countries for the time being. The interest rate spread is impossible. Even if loan projects are added later, it is impossible to always pay such high interest rates. Eight cents of profit is just a means to attract deposits at the beginning. Now is the era of money houses having to collect storage fees. If the bank gains everyone's trust, even if the four cents of profit each year, those big families will rush to deposit money and reduce the profit by one cent every month. It is precisely to encourage those who have enough money to make up their minds to deposit the money to the Ministry of Revenue Bank as soon as possible.

The next month, the exchange of gold and silver coins in the Ministry of Revenue Bank has been prosperous. With military pay and salary, and the salaries of officials are paid. The profit of the Ministry of Revenue Bank alone is as much as 600,000 taels. It is almost the same as the average monthly income of the court's taxes. The income of the court is equivalent to overturning out of thin air. The people have no feelings. This makes the Minister of Revenue Xiong Rulin smile every day.

Bank deposits are still a little small. A month has passed. The eight branches have absorbed more than 200,000 taels of land deposit. However, as the bank's annual interest rate is adjusted to 80% to 70%, some people suddenly understood that the deposits have gradually improved. The next day the interest rate cut was announced, the deposits were absorbed suddenly reached more than 30,000 taels, more than three times that of the previous place.

As so many gold and silver coins flow into the market, many people have gradually traded with gold and silver coins. A while ago, there were rumors that the Ministry of Revenue Bank wanted to issue paper money. Everyone automatically regarded it as a rumor. With such exquisite silver coins, why did the imperial court issue any paper money?

No one except Wang Fu had thought that the land benefits would be so huge in just a short time. This is because the bank only opened the Beijing city. If we waited until various local branches were opened, we would not know how big it would be. Although the benefits of many local branches would be much lower than that of the Ministry of Revenue.

But the number of local banks is large. When they join forces, they may not be able to be compared with Beijing.

After the Beijing Ministry of Revenue Bank opened, local governments did not respond slowly. The establishment of branches was related to whether local governments could share taxes next year. If the branch of the Ministry of Revenue Bank in the prefecture and county central government has not been completed next year, 30% of the taxes could not be left in the local area. Local officials naturally did not dare to neglect them. Some places could not wait to start construction before the funds for the establishment of the Ministry of Revenue Branch were allocated.

In addition to the income from the Ministry of Revenue Bank, in October of the first year of Hongguang, the court also added a customs income. Because it was just collected, the income was less than that of the Ministry of Revenue Bank, but it was only relatively small. The customs income in one month had reached as much as 400,000 taels.

The court's autumn tax in September had just been recorded, and two more money was added in October. The court's financial situation, which had been embarrassing, suddenly became lenient. Wang Fu could finally train his army again. In November of the first year of Hongguang, the emperor ordered the expansion of the Yulin Guards and summoned 50,000 new recruits at one time.

The vast majority of the 50,000 Yulin Guards in the front were from Jiangxi, Huguang and Zhili. This time the summoning was different from the past. Wang Fu decided to call a nationwide convene, first recommended by the local government, and then the officers and soldiers of the Yulin Guards went down to choose. After passing the preliminary qualification, they were sent to the provincial capital for a selection. Finally, they were concentrated in Nanjing for another general election. If they failed, they would all be paid for traveling home.

This choice is undoubtedly time-consuming and labor-intensive, but it can select real elite soldiers. Moreover, the Yulin Guard always has to fight to show its value. The recruitment from the whole country can break the boundaries of the source of the Yulin Guard and facilitate the Yulin Guard to go to various places in the future.

Wang Fu has trained 100,000 feathers. Lin Wei has two and a half years left to lead the army to destroy the Qing Dynasty. At that time, the Yulin Guards fought with the Qing army in just half a year of training. These Yulin Guards had at least two years of training, so Wang Fu didn't have to worry about not having time.

The news of the Yulin Guard summoning again reached all over the country, and young people of suitable age in many places suddenly burst into joy. The reputation of the Yulin Guard had already spread all over the world. Everyone knows that if they could join the Yulin Guard, they would not only receive a high military salary, but also unambiguous in fighting the Tartars. This is the real army. The summoning of soldiers that they had avoided in the past has become a hot commodity for everyone to compete for.

A vast house in Songjiang Prefecture, a girl with a young face and a dark eyebrows are just beginning to open. A girl who is only fifteen or sixteen years old is tidying up her clothes for a boy of about sixteen or seventeen years old. The girl's face is full of reluctance: "Husband, you have been suffering from the book of sages since childhood, so why should you participate in the recruitment of the Yulin Guard?"

This is the young man and woman who have just gotten married and his wife Qian. Xia Wanchun's father Xia Yunyi was a Jinshi for the tenth year of Chongzhen and was later released from the county magistrate. Because of his outstanding achievements, he was rated as the best seven county magistrates by the Ministry of Personnel during the year-end assessment and summoned by Chongzhen. However, his career was very short. After just three years of being the county magistrate, he was about to be promoted and had to go home because of his mother's death. When Xia Yunyi finished his melancholy, Li Zicheng had already captured Beijing City.

Xia Wanchun was talented and read classics at the age of five. He could write poems at the age of seven. He wrote "The Collection of Milk" at the age of nine. He was indeed an absolute genius. His father Xia Yunyi was still a good friend of the famous Zuo Jiao Censor Chen Zhilong, who is a popular censor around the current emperor. Xia Wanchun once took Chen Zilong as his teacher. With his talent and Chen Zilong, if he was interested in the career of the officialdom, there would be no problem in taking the imperial examination.

Although there were Yulin Guards coming to Songjiang Prefecture and choosing, Xia Wanchun still felt that there was a greater chance of going to Nanjing, and today was the day when he was about to go out. Hearing Qian's words, Xia Wanchun shook his head gently: "My wife doesn't know. Now it's a chaotic world. Even if a literati can write a few poems, what's the use of the country? A real man should carry a three-foot sword to wipe out the world for the king."

Qian looked worried: "But the war is fierce and dangerous..."

"Nothing but." Xia Wanchun interrupted his wife's words: "Famous and fame are taken immediately. I only regret not joining the Yulin Guard a year ago and participating in the battle against the Tartars with the emperor. Otherwise, the wife might be the general's wife at this time. Okay, the wife doesn't have to be disciplined anymore, I'm going." After that, Xia Wanchun carried a sword and went out casually.

Looking at her husband's back as she was leaving, a line of tears flowed down Qian's face and she silently said: "As long as you are safe, I would rather not be a general's wife." Unfortunately, Xia Wanchun couldn't hear this sentence, but even if he heard it, he would not change his mind.

Although Xia Wanchun is young, it is not the first time that he has gone out. Xia Yunyi likes to travel far away and often takes him by his side, so that he can experience mountains and rivers early and come into contact with heroes in the world. Naturally, there is a heroic spirit in his heart that ordinary scholars do not have.

There were many people who were with Xia Wanchun. Everyone thought that the chance of participating in the Yulin Guard to Nanjing would definitely be greater. Along the way, Xia Wanchun met many young people wearing swords and hurried towards Nanjing, as if he was participating in the imperial examination.

…………………………
Chapter completed!