. Guan? Li and Li Shixu couldn't help looking at each other. They had not experienced the various mortgage loans imposed on the Qing Dynasty. Not only could customs income be mortgaged, but salt tax, mines, road rights, etc., and they could not be mortgaged. They were in a moment. Li Chi said for a moment: "Sir Jie, the National Customs has not yet been established, and I don't know how much tax and silver can be collected. If the customs tax is insufficient, what should I do?"

He Ronghua took the conversation next to him and said, "Don't worry, if the customs duties are insufficient, the Ming Dynasty is the superior country of the Celestial Empire, and there is no way to make things difficult for the country. You can discuss a period of time. If your country pays it back to the end, the Celestial Empire can reduce the debts in one lump sum and return the customs duties to your country."

It sounds good, but the customs had to be mortgaged as soon as it was established. Li Xiang thought it was a little uncomfortable. He also hoped that the customs income could train a strong army for North Korea. With the military expenditure of the Ming Dynasty, it would probably be enough to train an army of 100,000 people. But time didn't wait for anyone. Now, expanding the imperial guards into 7,000 people has caused Manchus to come and ask, would Manchus let North Korea train a hundred thousand people under his eyes?

"Mr. Xie, Lord He, this matter is important. Can you please discuss it before you can tell me?" Li was unable to make up his mind at once.

A hint of disappointment flashed across He Ronghua's face, but Jie Xuelong still smiled and said, "It's easy to say, it's easy to say, there is still one month left for the army to go out. However, apart from the preliminary preparations, there is not much free time. Please ask the two men to make a decision as soon as possible. The Japanese official and Lord He will come again."

After saying that, Jie Xuelong had already stood up and Ronghua had to follow Li. Li Shixu and his two faces were apologetic and quickly got up to see him off.

After leaving the gate, He Ronghua couldn't help but complain: "Mr. Jie, the emperor is still waiting for you and me to reply. Why do you have to agree to the North Korean envoy to postpone it for one day?"

In He Ronghua's opinion, unless the North Koreans do not need the Ming army, they must agree to this matter, and it is meaningless to delay the North Koreans for one more day. Jie Xuelong naturally does not think so. It is precisely because the North Koreans have no choice but to force them too much, which arouses the disgust of the North Koreans.

"Why should Lord He be impatient? If you do what you want, you will not be able to do it. If the emperor asks about the official, he will naturally explain to the emperor."

Although Jie Long is not He Ronghua's direct boss, his official position is several times greater than He Ronghua. After hearing Jie Xuelong say this, He Ronghua naturally has no time to complain.

Sure enough, the next day, when Jie Xuelong and He Ronghua went again, although Li and Li Shixu had some unhesitation on their faces, they agreed to the conditions of the Ming Dynasty. For Li and Li Shixu, it was enough to establish customs duties in exchange for the Ming Dynasty to send troops. It was still cost-effective. Although the customs had no income for the time being, as long as it could reduce the large amount of supplies that were extorted by the people every year, it would be enough to let North Korea breathe a lot.

After signing, the two of them breathed a sigh of relief. In their opinion, the conditions in the Ming Dynasty were too relaxed. The Ming Dynasty was willing to pay only half of the debts for the income from the customs. The rest half was handed over to North Korea for handling. However, the debts were paid a little longer and the fifty-year period.

But compared with the land loan from Daming, the fifty-year period is reasonable. Daming is willing to lend 5 million taels of silver to North Korea at one time. With this 5 million taels of silver, it is enough to pay the Ming army's two-year land garrison. Two years later, regardless of whether the Ming Dynasty has another army stationed, the Ming Ministry of Revenue Bank will provide another 5 million taels of silver to North Korea.

Ten million taels of silver can make the Korean monarch and ministers dizzy. Although most of them will be paid to the Ming army as military pay, 30% of them will be handed over to the Korean court. The North Korea will buy all kinds of materials needed by the army. 30% will be 3 million taels. These three million taels can be deducted at least half. If the Ming Dynasty recalls the army within two years, then North Korea can get more than 6 million taels of silver and land income, plus half of the customs income. North Korea will finally live a tight life in the future.

With this predictable income, both Li and Li Shixu believed that the king would not blame himself for his own good decisions.

"Return to the emperor. The agreement between North Korea and the Ming Dynasty has been signed." As soon as the agreement was signed, He Ronghua rushed to the palace to report to the emperor. Although he did not understand the significance of the Ming Dynasty's total control of the Korean customs for fifty years, as the shopkeeper of the Ministry of Revenue's bank, the income of this part of the agreement was enough to make him laugh. Based on the minimum annual tariff of North Korea's land of one million taels, the bank of the Ministry of Revenue can recover 500,000 taels per year. The principal can be recovered in twenty years. The next thirty years will be net profit.

Of course, the interest rate is not high compared to private lending, otherwise the two North Korean envoys would not agree easily, but the victory is in stability. The tax revenue of North Korean customs is only conservatively estimated. If it is more, the benefits of the Ministry of Revenue Bank will be greater.

Wang Fu nodded slightly: "Thank you for your hard work, what are the attitudes of the two envoys?"

"When the emperor, both envoys were very happy. They all thanked the emperor for his kindness to the vassal state."

"That's good. Regarding the matter of the branch opened by the Ministry of Revenue Bank in North Korea, please apply it as soon as possible."

"I obey the order. In another two days, I will take someone to set off. I promised the emperor that within three months, the Ministry of Revenue Bank in Pyongyang will open." He Ronghua hurriedly said.

"Okay, I'm waiting for the good news from you. I'm here to see you back." Wang Fu suddenly said lazyly.

"Yes, I'm leaving." He Ronghua lowered his head and slowly retreated from the hall, a little confused about the emperor's tone behind him. However, as soon as he left the hall, he immediately cheered up. In a few days, he would leave for North Korea, and he would stand alone from now on.

He Ronghua joined since the establishment of the Ministry of Revenue Bank and saw with his own eyes how the Ministry of Revenue Bank has become a favorite in just a few years. Apart from internal upper-level personnel like him, even the auxiliary ministers in the court could not see the true power of the Ministry of Revenue Bank. It can be said that with the current wealth of the Ministry of Revenue Bank, as long as one sneeze, the entire Ming Dynasty would shake several times. However, the real control of the Ministry of Revenue Bank is the emperor, and the emperor will not allow the Ministry of Revenue Bank to sneeze casually.

But North Korea is different. Once the Ministry of Revenue Bank takes root in North Korea, within a few years, it can control most of the wealth of the North Koreans in their hands and control a country's wealth, no wonder He Ronghua feels excited when he thinks about it.
Chapter completed!