In terms of economic talent, Zhang Feng is not as good as Zhang Fangping. But Zhang Feng has heard about Wang Ju's practices all the way. Many people are excited about it, so they will not think so much about it. Anyway, it is a policy of benefiting the people, and these ordinary people will like it.

However, for these people-friendly policies, the court had to spend a lot of money.

And how much savings will be left in the treasury in these two defeats?

It will cost a lot of money to allocate food, grass and armor. Besides, one is 5 million guan, but five million guan is not counted. These New Frontier Army military pay will incur a huge amount of expenses.

So Zhang Shi was a little worried.

Wang Ju smiled and said, "The court puts out a lot of cloth, and does not let the leftover money, and takes out another four million guan of guan to subsidize the service. Zhang Andaogong immediately came to the capital from Yingtian Prefecture. He first asked the banking department how much income it could have in a year, and then warned me to be careful about the business tax. He thought it was a business tax, and used it to make money to fill the fiscal expenditure caused by these lenient governments. In fact, it was not true. Even if my strategies to benefit the people may reduce the fiscal revenue of more than 20 million guan per year, it was not true. Even if there was no banking department, and the Yunnan and Jiaozhi routes were removed, our fiscal revenue would be close to 150 million guan per year (pitstone guan)."

Yunnan Two Roads and Jiaozhi Road are indeed impossible to calculate.

When Wang Ju was on Yunnan Road, he proposed that the two routes should not be expected to make money from these two routes, and to quickly stabilize the people's hearts and integrate them into the Song Dynasty.

This stability does not mean light taxes and low taxes. Taxes are similar to those in the Song Dynasty, but there is no problem with this.

Jiaozhi Road was not only Wang Juqi's immigration, but later some poor people went south in 6th place, so the number of immigrants reached more than 60% of the total population. Either the Lang Son tribes where gold was full of gold. Because they supported the Song Dynasty in the early days, the Song Dynasty still gave them some rights and continued to detain them. Or in the Qiyuan Guangyuanzhou and other areas, most of them were detained states, but some were also reborn by Wang Ju. Other areas can be formally managed and taxed. These people came from the mainland. As long as there is no additional heavy taxes or in disguise, they can be accepted.

As for Yunnan Road, there is no problem. Think about how heavy the Dali tax is.

However, these taxes are not only used for government expenditures, but the rest are used to build school roads and water conservancy to allow these two routes to be opened quickly. However, during the three years of Zhang Yu's residence, the finances were still tight for more than two years. The reason was that they kept using troops, and as long as they used troops, they would incur shocking expenses. So Wang Jucai secretly subsidized Zhang Yu's wealth of 30,000 yuan every year. By this year, the situation in the south had improved.

However, Wang Ju did not expect that a war broke out in the south again, and another battle came after autumn.

This was unexpected, so Wang Juju guessed that from next year, there would be some fiscal surplus in these two routes, but the court would not let them hand over this fiscal surplus, but would leave it to them to continue. Therefore, it was not included in the calculation.

Therefore, the fiscal revenue of the Song Dynasty still retains the original old income. Two taxes, commercial taxes, five major issues, various state-owned industries such as pit mine workshops, official fields, and some heavy taxes, together, are about 120 million.

The Qingmiao money that Wang Anshi reformed was gone, the money of the market was gone, the money of the surplus money was gone, and even some house taxes and house rents were gone, but others still exist. For example, the two taxes, after Wang Anshi's Fangtianjun Tax Law, it was originally more than 40 million, but now it has become more than 50 million. It has increased by 10 million. Even if households and others have decreased, the original two taxes can be kept at least.

For example, there are millions of Shu tea, but Wang Ju didn't move.

Although the money for exemption has been reduced, there are still more than four million stalemates. There are other measures and more than 10 million income. Wang Ju also did not move. Or slightly moved.

As for the money passed by Wang Ju, Fangchanghe Dudu was still there, and the income of Kapok Shi was basically not increasing, but it also had a profit of several million yuan a year. Now we have started to rectify the carbide industry. There is also the income brought by navigation, which is directly the deduction of the Maritime Bureau and the incense of the inner warehouse, which is also the national income. Indirectly, the commercial tax was increased. With the implementation of the commercial tax, this invisible income will be more. Therefore, after seven or eight, it can still be maintained at more than 150 million yuan. It is this income that guarantees the expenditure of the Song Dynasty, and can generate a surplus of nearly 20 million yuan a year.

"My finances have indeed improved." Zhang Feng sighed.

If it was originally accruing money, but now these financial projects are removed one by one, and the surplus can be maintained, will the financial situation really improve?

"So I do not support Jiefu Gong, but I do not object to it. If it were not for the foundation laid by Jiefu Gong, the country would be in poverty after these two defeats. Now, not only is the national economy not in distress due to these two defeats, but there is still a lot of surplus in the treasury. It is also the foundation he laid that I can make adjustments behind him. However, it is definitely not enough to want a country to be prosperous and safe. For example, Baojia Law and Baoma Law. If they want them to become good laws, not bad laws, they also have to take out a lot of money and subsidies, some taxes, and other heavy taxes, which must be banned one by one."

"If that were the case, the country would be truly prosperous and strong."

"That may not be necessary. As long as the merger exists, the gap between the rich and the poor will become larger and larger. Even if the country does not impose any taxes, there will still be many poor households in the Song Dynasty in the future. It can only be said that it has little to do with the country, but it is caused by the greed of these powerful people."

Zhang Yu can't express any opinions on this issue.

"This is part of the future expenditure, and if you want to cut summer, these surpluses alone are definitely insufficient."

"This is true. To destroy Xixia, it does not mean that there is no war or suppressing rebellion. At the same time, the Liao Kingdom may take action. Even if the Liao Kingdom does not take action, it must arrange a series of defense systems in Hetao and Yinshan, which will cost a lot of money."

"That's true, so it's very important for the QQT and the Banking Department at this time."

"But if the banking department wants profits, it's probably the end of next year." Zhang Feng said worriedly that the end of next year is also good, but the support Wang Ju said, including the five million, will be distributed at the moment. Even if the treasury has a surplus, how much surplus can it have.

"Brother, you are wrong. The banking company's profits are divided into two parts, one is operation, of course it is the most important part, and the other is the silk business."

"Yes. There is a lot of gold and silver on the other side."

"Hahaha," Wang Ji laughed. This question also confused Lao Wang: "The gold and silver cannot be counted. It is just used as a guarantee for the reputation of silk. As well as the regulation of the market price of gold and silver, although a little cashing fee may be incurred, it is not the main one. If the market price is too low, you must find a way to stock and raise the price of gold and silver. If the market price is too high, a part of gold and silver will be released to suppress the price of gold and silver. However, the amount of gold and silver in the principal cannot cause huge changes. If some merchants turn them into gold and silverware, the bank department will pay the silk to the court. The court will find a way to supplement gold and silver, so that the ratio of gold and silver to silk will be maintained between one-to-one or seven to ten, but it cannot be lower than seven to ten, otherwise it will be dangerous. Therefore, they have been placed in the bank department and cannot be regarded as real currency. The real currency is still silk."

"Will the court lose money?"

"There is no loss, it is still in the bank department. If it is placed in the treasury, someone will be sent to guard it."

"I understand, it is equivalent to a thing that will save forever, it will not increase or decrease. But with it, with silk exchange, the court can make a profit."

"I said it right before, but I didn't say it right later. Don't look at the banking department who handed over a large amount of silk to the three departments to pay for the salary, it must be included in the account book. Otherwise, will the merchants who invest in the shares be happy?" Wang Ju made another detailed explanation.

The cost of silk payment is the cost of silk material, which is also the largest cost.

The second is labor cost.

Before the banking department opened, it was prepared for color adjustment and molds for a long time. The molds were not seals with silk intersecting patterns, and it would not take so long to make them.

A total of 200 sets were prepared. What is a set? One set is divided into twenty molds on both sides of the front and back. Each mold can be printed and dyed at a time. After the silk base is weaved, it is also a match. The length is the width, and the width becomes the length. The degree of the thickness of the silk is two hundred times the width of the silk. Then layered printing and dyeing, vermilion is a vermilion mold, green is a green mold, and so on, even the time between layered printing and dyeing must be carefully studied.

Of course, this is also the most important part. After printing and dyeing, the code name of the original servant will come out.

This important part was completed in the workshop behind the Banking Department.

It seems complicated, but in fact, this part of the manpower is not used much, and there is also a larger workshop in the military camp on the west side of the imperial city.

This part is divided into three parts, one is specially cast gold and silver wire, the other is to make briefs, that is, weave the silk material into thick silk cloth, and the other is a rost. After the briefs are weaved, it is sent to the bank workshop, and after printing and dyeing, the rosts are sent, that is, they are cut down and then the rosts are twisted tightly with needles and threads.

What should I do? This is the only way to go in the backward craft era.

At its peak, the workshop of the Bank Department hired more than 3,000 weaver craftsmen, divided into two shifts of wheels to work overtime and dyeing. But there were more in the military camp, and at most 110,000 women were recruited. Why so many, or why they were placed in the military camp, wouldn’t it increase the cost invisibly?

There is also a reason for this. Most of the southeast corners of the capital are warehouse areas. With the prosperity of the Song Dynasty, these warehouse areas gradually became tighter and there was no way to move out more empty spaces.

We must find a larger place as the workshop site. Nothing elsewhere is safe, only the military camp.

And there is another thing. Although the combat effectiveness of the imperial soldiers in the capital is getting worse and worse, the imperial court spent a lot of money to support them every year, but their actual life was not satisfactory. Although they had an income of 40 or 50 cents a year, the prices in the capital were expensive and they had to spend money to buy everything, so some soldiers could not survive and let their wives go out to work as military prostitutes. In particular, some of them were the families of martyrs. How much could the court provide for their pensions? The life of these people was the real difficulty.

The workshop was placed in the military camp and the wives of these soldiers were given work, which was equivalent to additional subsidies.

However, the number of imperial guards in the capital is very large, so I have to hire a large area and divide it into four shifts, so everyone will be exposed to some rain and dew. However, this has led to an increase in the third expenses

Just to pay the salary of these craftsmen Weaver Girls, the imperial court had to spend nearly 150,000 jin a month.

Among them, 80% of the artificial labors in the military camp are spent on this gongbian.

"It takes so much labor?"

"Brother Zhifu, at the peak of the banking department, it printed and dyed nearly 500,000 knots of Jiaozi, and more than 10 million pieces. Think about it, how much labor should be used. This is a lot of new machinery, large-scale production and cost savings, and assembly line production methods, otherwise the labor cost will increase by five times! Brother Zhifu, or you think about how much silk a ropa costs, its pattern is far less exquisite than silk. The silk material is used. Why, these costs are saved bit by bit." Wang Ju said complacently.

If these new machines had not saved a lot of manpower, at least ten cents of silk for printing and dyeing would have been a loss, and even twenty cents of silk for silk might not have been profitable.

"No wonder Yingzong's salary on the market is worth fifteen cents."

"This is also temporary. As the number of silk exchange increases, the price will fall one by one."

In addition to these two expenses, there is also the third item, the defective product. Once the defective product appears, the Jiaozi will be useless, especially when printing and dyeing, because it is divided into twenty layers of printing and dyeing, as long as there is a problem in one link, all 200 Jiaozi will be scrapped. If it is Yingzong's friendship, it is better, but if it is Taizu's friendship, it will be called flesh pain.

However, the families of these soldiers are skillful, while some are clumsy. If they are folk Weaver Girls, they will just fire them clumsyly, but what should they do? It is not hiring, but disguised pensions, which are difficult to select, so the skillfulness is uneven, leading to the emergence of a large number of defective Jiaozi.

A strict reward and punishment system was also formulated, but they were so stupid, what? Of course, I couldn't bear it anymore and had to fire it.

Then Zhang Shangying looked at the scrapped Jiaozi and was stunned. They were not the original Jiaozi, but they were scrapped, but they were all money. So he came up with a bad idea, stamping another seal based on the size and disability of Jiaozi, and using it as one to ten cents.

But if Wang Ju rejected it, the court treated it seriously, and the people would take it seriously. If the court treated it lightly, the people would take it seriously. However, there were many things during this period, and Wang Ju did not dare to let Zhang Shangying destroy it, and continued to put it in the warehouse of the bank department together.

Zhang Shangying asked another question, what if these junglers are damaged during the passage?

Wang Ju replied, intentionally destroying it, and he recognized the loss. If he had lost it over time and had this thick Jiaozi, he would have obtained that year, and at that time, would the Song Dynasty still be there?

In addition, the cost of pigments. Some colors are also expensive, and in the end it is the cost of machinery.

Also, the costs of each warehouse and the business warehouse, and the salaries of the officials of each warehouse, can only be considered in the operation of the bank department and have nothing to do with the business.

The cost in the first year will be higher. Why? Workers are not familiar with each other and the slowness increases labor costs. Some people are clumsy and add defective products, but this year an accident occurred.

The source of silk material is five regions.

The most materials used is undoubtedly broad silk, but it is not cotton that has had an impact on broad silk. On the contrary, when Wang Ju was in Guangnan, he deliberately taught many barbarians and Han people to plant mulberry trees on hills and promote sericulture. First, the hilly terrain of Guangnan West Road is large, and no matter how high the cotton income is, it can be carried on hills? There is no yield after carrying it! Secondly, because the planting area of ​​cotton is increasing, its price will also drop sharply. Third, the scale of navigation on the other side was already very large, and silk can be transported to Guangzhou along the tributaries of Yushui and brought it overseas for sale.

The mulberry tree can usually be officially harvested in three years. Now it has been harvested. Many people deliberately call it Shao Bao Mang to use it to commemorate the merits of Wang Ju.

But it is too far from the capital, and the local prestigious merchants are not very clear about what this bank is. They not only ask them to buy silk materials, but also ask them to pay for gold and silver. Therefore, they are not very happy. Merchants from other places are not familiar with the local situation, so the acquisition of silk materials in this area is not ideal.

When it comes to Shu silk, Shu silk also missed the season, and most of them were weaved into cloth and paid taxes. Some, many of them were finished cloth transported from Jinghu South Road.

However, the other three types of silk materials should be slightly better. Although the black silk and rubber silk are even more missed, they are close to the capital, and the amount is not large.

When Wang Ju faced this situation, he finally made changes. The Taizu and Taizong each had 16 million coins, the Zhenzong's marriage was 500,000 coins, the Renzong's marriage was 800,000 coins, and the Yingzong's marriage was 500,000 coins. Maybe this amount would be finalized, but that's about it.

If you focus on big friends, you will undoubtedly generate a lot of profits. Although you can make a lot of profits this year, just by doing this 50 million coins of knots, you can make a profit of more than 15 million coins.

By next year, the number of banks will reach 150 million trump cards, and the profits may reach nearly 40 million trump cards, which means that private dividends will be taken away, and the court will make more than 30 million trump cards.

Therefore, Wang Ji spent money on the land and would not cause serious overdrafts to the court's finances.

But Zhang Fangping even rejected Wang Ju's kindness, so Wang Ju would not tell Zhang Fangping this inside story.

However, it cannot be said that Wang Ju made these money. Could it be that the gold and silver have no interest? Or, if the silk is handed over to private manufacturing, the cost may be far above the face value.

With this invisible income, Wang Ju took out 10 million guan to prepare for the Jingyuan Road. What other problems can arise? But there are really problems, because the south is already firing.

Wang Ju doesn't know yet, so he said: "As for the battle next year, the banking department will be officially launched the year after year, and the commercial tax will surge. Why worry about financial issues?"

"There is no problem in this way, but the profits of this silk deal must be distributed to those private merchants?"

"The court said that 100 million taels of silver were used as principal, of which 20 million taels of gold and silver were raised by private individuals. But in fact, even six years later, the court may not be able to raise gold and silver equivalent to 80 million taels of silver. Unless a miracle occurs on the other side, the merchants on the other side really ignore the lives and deaths of the people on the other side? Besides, some gold and silver were allocated to suppress the merchants who hoarded goods. Therefore, six years later, the other side, the court, and the court, could raise gold and silver equivalent to 7,000 taels of silver, even if the task was completed successfully. The court paid less and the private ones were slow, and the private ones were more and faster. Although the private ones were cheaper to the court, at least the court's rights and reputation and the operation of the state machinery were an invisible huge cost, but if the division was unfair, they were not happy."

Wang Ju didn't say that these merchants are not real merchants, many of them are powerful and powerful. Many of them did not send agents and came forward directly. They also found Wang Ju to ask for details, and they were convinced if they were unfair. Not to mention that they played a role in winning over and divising.

Therefore, the bank department printed the Jiaozi, and transferred the remaining amount to the Sanshi, except for the cost of silk material, workers' costs, and other costs, and paid. But this book must be made, and it must be calculated clearly. The profits of the bank department are controlled by the Sanshi, and the dividends belonging to the individual must be kept for dividends.

"If you want to give up, you will gain. Although merchants have taken away some of the profits, it is different from those who are not there. Just like the current Bank of Silk Communications, as the craftsman weaver girl becomes more and more skilled in the future, the cost will become lower and lower. It is just that I and Zhang Tianjue supervised and executed. If it weren't for us, then it might have evolved into something."

"But brother, don't worry about these things. In fact, Xixia is not scary. As long as the imperial court is not so hindered, Xixia will be pacified sooner or later. What's scary is the internal Luoyang." (To be continued.)
Chapter completed!