The Banking Department in the South Bank of Bianshui is divided into two parts: one is the banking department’s yamen, and the other is the banknote making workshop, that is, the banknote printing factory.

The bank office is divided into two parts: one is the real office, the place where official business and disputes are handled, and the other is the huge business hall, with a larger warehouse behind the business hall.

Behind the yamen is the printing workshop, which is strictly guarded. Even the workers and the Weaver Girl who come to work must send special male and female officials to search their bodies before they can be released.

Wang Gui walked in with Wang Ju, Zhang Ju, Cai Que, Zhang Dun, Pu Zongmeng and Fan Chunren.

Zhang Shangying immediately met and said, "See Prince, Taibao, Zhang, Cai, Zhang, Dandelion, Fan."

"Tianjue, there is no need to be too polite. How much silk has been printed now?" Lao Wang asked.

"The first ones were the shovel and rubber silk, followed by Zhejiang silk. Therefore, nearly four million silos were printed for each of the 100-text silk and eighty-text silk, and nearly seven hundred thousand silos were printed for the 20-text silk. As for fifty-text silk and ten-text silk, they had just been printed."

"At the beginning, the craftsmen and weaver girls are a little unfamiliar with them, and the silk material has always been insufficient, which is a bit slow. However, now all the craftsmen and weaver girls are beginning to become familiar with them. The silk material is gradually sufficient, and the tasks of the court can be completed before the end of the year."

What is the task of the imperial court? It is that it must issue 50 million yuan of Jiaozi this year.

The five types of jackson are each ten million.

It is not that the amount of gold and silver is insufficient, so I prepared more than 200,000 taels of gold and 1,300 taels of silver. This amount alone is equivalent to 64 million taels of gold and silver. Later, the court can collect some gold and silver, and this year it may also get a lot of gold and silver from private hands.

The key reason is that when Wang Ju arrived in the capital, it was almost June.

For silk material, it was already very late.

And letting merchants go down to collect silk materials, which has brought about changes in silk prices.

Don’t underestimate its influence, because of the limitations of printing and dyeing technology, this kind of silk intersect is thick and dense, with a density almost three times that of later US dollars, and has a larger area. A piece of silk intersect worth ten cents is almost more than three grams, and as for silk intersect worth ten cents, it almost reaches 6.5 grams because of gold and silver wire.

Of course, this was also done by Wang Ju on purpose.

The higher the cost, the thicker it is, the less likely it is to be forged by some illegal businessmen and be recognized by the people.

Although it is heavier, what about copper coins?

Let’s first talk about the role of copper in the Song Dynasty. Everyone knows that there are bronze Buddha statues and bronze mirrors, but actually copper has many uses in the Song Dynasty, such as various large utensils, and the most common ones are basins.

In this era, there were definitely no plastic washbasins and aluminum products. As for firing large ceramic pieces, it was still very difficult. Some people say that I used porcelain washbasins when I was a child. Is that ceramic? No. It is enamel. Now there is enamel, and even the enamel technology is not yet perfect. But tin is soft, lead is brittle, iron is prone to rust, and the wood is too clumsy, so various copper basins occupy nearly half of the market. There are also various pendants and other utensils, and the other is gold plating. Rich families will plate real gold powder, but those without money will use copper plating instead of gold plating.

However, compared with ancient times, the scope of copper used by the Song Dynasty was not as good as that of ancient large bronzes and weapons. These are now replaced by iron.

But why is the price of copper equivalent to ten times that of iron?

Nothing else. Most copper is used to mint coins, and things are rare and expensive, so they are more than ten times the price of iron.

Let’s talk about the composition of copper coins. In fact, copper coins are not completely made of copper, so they are not even wearing pants. It was a little better at the beginning of the Song Dynasty, and a copper coin could contain more than two grams of copper. But later, as the price of copper rose, copper became less and less, only one gram, and the rest was lead and tin.

Therefore, the quality of the copper coins of the Song Dynasty became worse as they went on, but a copper coins were definitely more than one gram, just like Xining Yuanbao, which was normally more than four grams.

Now we will unify the money. Yiguan is the real one thousand cents. Yiguan’s quality will reach 4 kilograms and weigh eight pounds!

When I think about the starting price of a meal at Fanlou, it will take hundreds of cents of yuan, and I have to use several cars to load the money to have a meal.

Of course, no one really does that. Those who go to Fanlou for dinner mostly use gold, silver, old money, salt, money, tea and other quasi-currencies, rather than copper coins, but this will inevitably be very troublesome.

Now because of the occurrence of silk feeding, all these problems will be solved. If you use ten cents of silk feeding, the quality of the money will be only 300 grams, and if you use one hundred cents of silk feeding, it will be only 65 grams.

As for large transactions, such as transactions of more than 50,000 jin, hundreds of thousands or millions of silk, which are large in size and heavy in weight, and are still not easy to carry, it is also easy to transfer foreign exchange through banking departments, and the handling fee is only 1.5%.

In this way, the banking department earns a little processing fee, of course it is not small, but for individuals, it is very rare, but for the banking department, it is a tower of sand. But it is also convenient for individuals. A batch of commercial goods is transported from Hangzhou, sold for 100,000 guan, and then he rode a bill of exchange back to Hangzhou on a horse, and he could withdraw the money. In this way, how convenient will business become? Moreover, the bill of exchange can only be collected by himself or his family. If it is abandoned, you can report the loss in Hangzhou. With the loss report note, you can also go to Beijing to re-issue the bill of exchange with the banking department's stub. Then the safety is absolutely guaranteed.

But everything has two sides.

Although this will increase the recognition of the people, the amount of silk materials needed is also scary.

Just like the 50 million slabs of silk that were issued this year, because I missed the best season for purchasing silk materials, many people turned silk materials into cloth, so at least one-third of the remaining silk materials in the hands of the people can meet the demand for 50 million slabs of silk materials.

Especially like Zhejiang silk and broad silk, because they target ten cents and twenty cents of silk, the demand for silk materials is even greater, and maybe in the end, even the silk materials for printing 10 million slabs of silk materials are insufficient.

Such a huge acquisition of silk material immediately fluctuated the price of silk.

Since last year, some cotton workshops have appeared in the Song Dynasty, and the biggest influence is kudzu and hemp. Each of the kudzu and sackcloths has dropped by almost twenty to fifty cents, and various silk cloths have also dropped by fifty to one hundred cents.

However, as the merchants went down to purchase silk materials crazily, the price of silk cloth immediately rose. Next year, the court plans to issue 100 million slabs of silk to pay, and the price will further increase.

Silk is the largest currency in the Song Dynasty now, and this increase has had an impact on the prices of Xixia and Liao countries.

But this doesn't matter. It's only next year. A hundred million slabs may be issued later, but the final issuance will be determined depending on the situation. It will be divided into three to four years.

And from a long-term perspective, if the other side brings that kind of fine lint cotton to the Central Plains, it will be suitable for planting in the north immediately and the yield is better. The quality of cotton fiber is far better than that of coarse lint cotton, then the price of lint and karuta will be hit even more. It does not mean that they will disappear from history. Kiruta and karuta also have the function of kudzu, such as kudzu paper. Some utensils, hemp, are also made of hemp rope, and can also be made of hemp paper. However, kudzu and karuta may disappear in the long river of history.

As for the sericulture industry, it will also be affected, but as a high-end fabric, there will still be one, but it will not be as popular as it is now, and it will most likely become the same as it was in the Ming and Qing dynasties.

Therefore, the court does not need to interfere with the changes in silk prices.

In short, if Wang Ju did not take the helm, even if the silk exchange was issued, the court might feel panic due to the various changes it brought.

These Wang Ju also explained in detail, and no one asked again.

The group came to the workshop behind.

Hundreds of workers and the Weaver Girl are printing silk for sex in various workshops.

Therefore, it is divided into several workshops, one is to produce assembled lines, saving costs, and the other is to facilitate the confidentiality of technology.

Lao Wang picked up a piece of silk and watched.

The main color is vermilion, but it is not completely vermilion. There are some other colors, which are also for anti-counterfeiting.

Without the new machinery, the Song Dynasty could not have color printing. In fact, color printing technology appeared in the Tang Dynasty. By the Song Dynasty, color printing technology became more developed. Sometimes color printing scrolls could almost be exactly the same as the original paintings.

But the cost is extremely high.

The patterns are not as delicate as later generations of RMB. For example, Kaifeng Iron Tower uses lines to draw a freehand iron tower and several trees, and then draw two mountains in the distance with textures. The painting of Kaifeng Iron Tower comes out.

This is the only way. No matter how fine the technology is, the cost cannot be kept up.

But that's it. Without these new machinery and the production of workshop assembly lines, and large-scale printing has diluted costs, the cost of color printing may exceed the value of silk payment by private individuals.

Don’t fake acquaintances, the more complex the pattern pigments are. Moreover, the pigments are not that simple. Some pigments come from overseas, and special pigments and processes are used to prevent decolorization.

Although you cannot wash it directly in water, at least it will be dipped in some rain, so it will not change color.

It is this technology that will stump many illegal businessmen.

Zhang Dun said: "The value of this silk handbag itself is not just the value of silk handbag."

But it wasn't his final say, Wang Jue said: "Tianjue, let's open tomorrow."

"Okay." Zhang Shangying said.

However, it opened at this time. Everyone understood that it happened to take advantage of the influence of the Daqing Palace discussion last time and oppose the weakening of the voices, so it opened immediately.

This opening does not mean facing national issuance, it is still early.

First, we will transfer silk to all services across the country, and distribute the quantity according to various situations. The number of cities in the northwest and north should be smaller, and the number of cities in the southeast will be larger, especially the four cities of Jiangning, Suzhou, Yangzhou and Hangzhou.

The second step is to immediately leave Dongshuimen and ask all merchants to come to the bank office to exchange silk for silk with various colors, including cotton, copper coins, gold and silver, or salt banknotes and tea.

If this step can be recognized by these merchants, then we can move to the next step. The court uses silk delivery to purchase the merchants needed by the court and pays for the silk material transported by various merchants. Then silk delivery will gradually spread all over the country.

If this step continues to go smoothly, then the salary of the issuing officers and soldiers will be paid with silk. By next year, loan services can be launched.

The reason for why it is next year is simple. The number of silk delivery this year is still insufficient. Moreover, when the second batch of silk delivery is launched next year, it is just as the people are not in trouble.

Every step is very important, but the key is the first step, the recognition of the people.

The first step for people’s recognition is the recognition of merchants.

Nowadays, the Bian River canal transportation is so advanced that later generations can hardly imagine that Jiang Zhiqi transferred nearly nine million stones of grain from the Southern Twelve Road Transportation Department. This is just official grain, as well as private traders' grain, and various commercial goods, such as carbonite. With the promotion of carbonite, the capital had to consume more than one million stones of carbonite in winter.

The Bian River canal transport in the capital alone. The number of various commercial goods traveling from south to north in a year may be close to 20 million stones, and ships of all sizes traveled hundreds of thousands. Now is the busiest time for freight transportation. At this time, the number of ships parked on various docks outside Dongshuimen can reach thousands of ships.

Therefore, it is extremely inconvenient to trade without sufficient currency. However, everyone has been here for so many years, so it is still an unknown whether to recognize it or not.

The next evening, Zhang Shangying rode a horse to the Secretariat and said, "You guys, today I exchanged more than 500,000 silk for payment, and three merchants directly exchanged bills of exchange."

This is the first day, and this number is still relatively optimistic.

Moreover, this exchange itself can make a profit, slightly higher than the market price, but it is not very high, otherwise it will affect the price of silk. However, although it is not high, the cashing of more than 400,000 silk can also bring at least 5,000 yuan of gross profit to the court.

Maybe no one else paid much attention, but this step is really important.

However, it has a great relationship with Wang Ju's arrangement. If An Tao had not been used as Zheng Xia and then demoted An Tao to a beautiful overseas city, Fu Bi and others returned to Luoyang in shame, and issued an edict to dismantle the members of the Elderly Council. At the same time, various merchants were also imprisoned in the Kaifeng Prefecture prison, so that everyone would not have received so many exchanges.

Lao Wang and several important ministers of the Secretariat looked calm, but Wang Ju's tense face became soothing.

Zhang Shangying said again: "But there are two things that make me a little worried. The first is that many merchants use old friends to hedge against each other."

"It's okay. If merchants use old trades to cash in Jiaozi Shop, will the court not? If new trades appear, old trades will inevitably enter history. Even if large-scale transactions are made, they will be replaced by bills of exchange in the future."

"There is another thing. Merchants often use cloth, salt, money, tea, or old transactions to cash in, but few use copper coins and gold and silver to exchange them."

"Don't worry about copper coins. Even if all the newly paid 50 million guan is printed, the currency is still insufficient. If the currency is insufficient, the copper coins will continue to be tight. Besides, there is also change, even if the newly paid is popular, it is still inseparable from copper coins."

What Wang Ju said is that it means that the text is a unit, and it is impossible to reduce the silk exchange to five papers. One paper is really not enough.

However, many small commercial goods are still priced at one penny or two pennies, so the old trade will gradually disappear, but the copper coins will not disappear.

Wang Ju changed his voice and said, "But you must pay attention to the fluctuations in the price of gold and silver."

"Here, Taibao, when will the specific edict of Qi Shangying be issued?" Zhang Shangying asked again.

The edict of Qi Shang Tax was issued the spring of the previous year, which was the vague edict proposed by Wang Ju. However, although this edict was issued, no one had ever implemented it seriously.
To be continued...