…

After retreating from the court, the ministers filed out of Chongzheng Hall.

The generals outside the palace looked at these ministers and felt that there seemed to be something different about them.

Seems very excited?

what happened?

What happened in the palace?

Countless people have questions.

Han Jiang was in the crowd and couldn't help but look back at the Chongzheng Hall.

Then he discovered that Zhang Dun was looking back at Chongzheng Hall just like him.

So Han Jiang quietly walked up to Zhang Dun and said, "Zihou, would you like to come to the imperial palace for a while?"

Zhang Dun came back to his senses and bowed to Han Jiang: "Youkui has an order, and no lower official dares to disobey him!"

The two of them bowed tacitly.

So, they went out of the inner east gate together and returned to the capital hall.

Then Han Jiang led Zhang Dun into his palace.

Then he waved away his left, right, top and bottom, and only said that he and Zhang Dun were discussing state affairs.

Han Jiang invited Zhang Dun to the guest table, and then took a jar of aged lamb wine from the cabinet in his living room.

He poured Zhang Dun a glass of Hanjiang, sat down, and said to Zhang Dun: "Zihou, try this lamb wine that I asked someone to brew when I was in Henan..."

Zhang Dun picked up the wine glass, took a sip, and then praised: "Good wine!"

Putting down his wine glass, Zhang Dun looked at Han Jiang.

Han Jiang also looked at him. The two looked at each other for a while, and then they both laughed.

"Zihou seems to have some thoughts on what happened in Chongzheng Palace today?" Han Jiang asked.

Zhang Dun smiled: "Youkui has no idea?"

The two looked at each other and laughed at the same time.

"The wisdom of officials is bestowed upon them by heaven!" After a long time, Han Jiang sighed.

Even now, he is still a little confused.

How can the official family simply take back the annual coins of 200,000 taels of silver and 300,000 bolts of silk each year?

The Liao people have to thank him!

The most important thing is that the Liao Kingdom may even beg him to help print more Jiaozi!

If the temple had such means, the Western thieves would have surrendered long ago, right?

Zhang Dun also lamented: "I am lucky to be born in the presence of the Holy Lord, and I am also lucky to be a low-ranking official!"

Both of them are officials who have been in the place for a long time, are familiar with the place, and have served as officials in the central government many times.

I also know a little bit about what kind of circulation method Jiaozi is.

On the surface, it is true that the Song Dynasty only issued 1.26 million Guanjiaozi every year.

In fact, the number of Jiaozi may have exceeded everyone's imagination.

Why?

Because there are many merchants, he has taken the money, and he is not willing to exchange it for the heavy iron money!

Therefore, every time they redeem their money, these people choose not to use cash but exchange it for new money.

This way they can do business easily!

After all, who wants to carry around thousands, tens of thousands, or even hundreds of thousands or millions of catties of iron money?

They will lose money just from the shipping fee!

What's more, a batch of iron coins may be lost every year due to rust.

Therefore, many merchants who have used Jiaozi for generations are now accustomed to exchanging old Jiaozi for new ones.

Nowadays, although officials use copper coins as principal to issue jiaozi.

But copper coins are also very heavy!

A regular amount of money already weighs at least five kilograms (song kilograms, approximately 640 grams).

Ten thousand guan is equivalent to 50,000 jin of copper coins.

A businessman doing big business would probably spend several hundred guan per hundred miles just to transport these 50,000 kilograms of copper coins.

You also have to worry about meeting green men on the road, and you have to endure being exploited and extorted by officials along the way... and you have to pay taxes!

Therefore, once the Song and Liao Jiaozi are issued, and the credibility is stable, the currency value will be strong.

I am afraid that many private merchants will choose to give up their coins and choose Xinjiaozi when redeeming Jiaozi.

Carrying a stack of paper is much better than carrying tens of thousands of kilograms of copper goods around and having to worry about it.

You just have to pay some money every time you get a new one.

Therefore, the Song and Liao trade exchanges may be exchanged for new ones every time, and the principal alone is enough to cover the exchange!

In this way, it is actually all good for the Song Dynasty!

However, the Liao Kingdom still had to thank and praise the Song Dynasty for being a true brotherly country. He really helped me when I needed something!

…

In Baoci Palace, the two palaces were also listening to the report brought by Liang Weijian from the officials responsible for the affairs of Bianjing.

From the narratives of these officials, some things gradually became clear.

"You are saying...the number of Jiaozi circulating among the people today may have exceeded ten million?"

The other person nodded.

When the two palaces looked at each other, they both felt that something was wrong!

Because according to this person, every time Jiaozi redeems money, the principal alone is enough to cover the exchange.

In many years, less than 10% of people choose to exchange money.

Everyone else chose to trade in the old for the new, and would rather give the Zhao Guan family an extra sum of money than cash in cash!

This is beyond the understanding of the two palaces, and it feels like listening to a book from heaven.

After seeing off the officials who had handed over the affairs, both palaces fell into silence.

After a long time, the Empress Dowager said: "What kind of grandson did Emperor Ying Liwu Shengxiao give me?"

He is filial, smart, sensible, and cares about family ties. He knows that it is not easy for his relatives, so he treats the Gao family, the Xiang family, and the two imperial uncles with endless favor, fearing that they will suffer and be wronged.

The two concubines were even more moved by his benevolence and filial piety. Especially the empress dowager's biological mother, concubine Han Yueguo, who often had people come into the palace to praise the officials in front of her. They all said that the officials would be like this every ten days and a half.

Send someone to your door to reward him.

Wealth, silk, royal medicine, fragrant medicine and even cosmetics.

An endless stream, an endless stream!

Everyone from top to bottom said that officials were benevolent, filial, intelligent and wise, and were the true masters of the country.

Now, they have been given a big job under the noses of the two palaces and in front of the courtiers.

Once successful, according to the understanding of the two palaces, not only will it save at least 90% of the Liao country's annual coins every year.

The Liao Kingdom has to thank the Song Dynasty!

The official family is growing at such a rate that the two palaces feel that if they don't work hard, they may not be able to keep up.

Seeing the Queen Mother's appearance, Xiang's heart was filled with joy.

"Your Majesty, the bride thinks this is the blessing of her ancestors and the blessings of the gods and Buddhas!"

"Bless our Song Dynasty to prosper and prosper, and the Holy Lord descends from heaven!"

"In the future, I will be blessed with many blessings!"

The Queen Mother listened, nodded, and said: "Your Majesty, it's time to choose a good and auspicious day to go to Kaibao Temple to offer incense to the Buddha and Bodhisattva!"

He said to the Queen Mother: "Everything about the bride is subject to the orders of the Queen Mother!"

Note: The copper coins of Yuanfeng, Yuanyou, Shaosheng and Yuanfu in the Northern Song Dynasty hovered around 4-3 grams. In the Northern Song Dynasty, one pound was equivalent to about 640 grams, and it was always 770 Wen, which is almost five pounds.

Note 2: The collapse of Jiaozi in the Northern Song Dynasty was due to the indiscriminate use of Zhao Ji's wisdom, which led to credit bankruptcy. Later, he used money to induce money to replace it, which was actually the golden yuan coupon scheme.

Of course, in Zhezong's era, it was already devaluing due to military spending and large-scale printing. This is a historical fact! But Zhezong was stable and knew how to recycle, while in Yuanfeng's era, the value of Jiaozi's currency was very strong because of sufficient reserves!

Note 3: The trade relationship that the protagonist has now is actually the Northern Song Dynasty version of Lao Maozi’s trade ruble.

Although it is rough and rough, I personally think it should be feasible in the Northern Song Dynasty. After all, the Liao Kingdom only wanted goods, and the Northern Song Dynasty happened to have goods!
Chapter completed!