"Brothers, follow me to kill you!" The foreign cavalry instructed Mu Qing and shouted.

This Mu is also the Mu of the Murong family. Anyway, as long as they are foreigners, whether they are Mu, or Murong, they all come from the Murong clan. But one thing is that they are not necessarily Dangxiang people, nor are they necessarily Tuyuhun people. They should be descendants of Tuyuhun people. However, after so many years, the various races have been connected and the Tuyuhun bloodline has faded. Maybe the Dangxiang bloodline is better than the Tuyuhun bloodline. It is not necessarily from Huanzhou, Prefecture, Linzhou, and Suizhou. There are also some Murong people distributed in the Zhenrong army. However, there are definitely no Murong family distribution in the Gusu area...

Mu Qing is from the Murong clan from Zhenrong Army. He also has a younger brother named Muhua, who is not the Murong Hua from Huanzhou, and that Murong Hua had long died.

Both brothers are very skilled in martial arts.

Mu Qing served as the instructor, and Mu Hua is now just a capitalist. In the battle of Pingxia City in history, Mu Hua made great achievements.

But this Wang Ju must not know.

However, after Wang Ju and Zhang Feng searched, in the battle of Pingxia City in history, many generals who made military achievements also appeared in the current battle of Pingxia City. Of course, some have not appeared in history, and now they also appear in the battle of Pingxia City, such as Yao Shi, Lin Guang, Liu Fa, and Jia Yan.

This doesn't matter, as long as it's not a mediocre person.

But Mu Qing's foreign cavalry and the officers and soldiers of the other four battalions were all in desperate situations.

Shortly after Zhang Qi left Pingxia City, Xixia sent a large army from Tiandu Mountain to attack.

The Song army was prepared for a long time. Just as the Xia army marched forward halfway through the Shimen River, a small river, but there was a stone bridge on the river. Qu Zhen asked Zhe Keshi to lead several battalions of cavalry to block the head to fight.

Both sides were cavalry, vanguard soldiers, and could also be regarded as elite troops. However, the terrain was not good for the Xixia people. It was the time of half-crossing, and the battle was in a hurry. Soon the Xia army was defeated and retreated. Zhe Keshi chased for a while and entered Wuyan Gorge.

Wuyanxia is the canyon between Zhengqi Township, Haiyuan County, Ningxia and Heicheng Township, Guyuan County.

The Song Dynasty referred to Hengshan, Baiyushan, Douling and Shaniuling, collectively called Hengshan. But this term cannot be wrong. In short, they are a mountain system, Hengshan comes from the northeast and goes southwest. Baiyushan is still the same, but Hengshan is connected to the north and Baiyushan is closer to the south. When they arrive at Douling, Shaniuling becomes an east-west direction again, but it is no longer a mountain system. It is just a trivial and discontinuous hilly terrain, but the approximate direction does not change much.

Going further south, there are mountains such as Liupan Mountain, which basically come from the northwest and southeast. But there is another mountain range, that is the Helan Mountains, which extends all the way to Tiandu Mountain, and downwards are Quwu Mountain, which basically comes from the north and south. But coming from Tiandu Mountain, it becomes a discontinuous mountain terrain.

That is, the end of two different mountain ranges collided with each other in Wuyan Gorge.

Therefore, each beam has produced many different directions. The directions of each beam are different, so the directions of each ravine and canyon are also different.

So the area of ​​Wuyanxia has been integrated into a maze array (if you are interested, you can see the Cloud Nebula Map).

How much impact will it have? The most classic example is Hu Zongnan's encirclement and suppression of Yan'an. Taizu and the heavy army of Liu Kan, the general under Hu Zongnan, were separated by a ridge in Jialuchuan. In the end, Taizu used the complex ridge terrain of the local area to get rid of Hu Zongnan's heavy troops.

At that time, Hu Zongnan still had planes to reconnaissance.

But the terrain on Jialuchuan is not as complicated as the area of ​​Wuyanxia.

So Zhe Keshi led his army back.

Because there is no need to pursue and defeat the Xia army, the Xixia people will inevitably mobilize more troops and horses to come next time, and the Song army is waiting for this and also won valuable time.

Besides, if you pursue under such terrain, there may be many large Western Xia troops behind you, and the entire army will fall into danger if it is not done properly.

Zhe Keshi made a correct judgment in time. However, Qu Zhen made a mistake this time. Maybe he looked down on the Western Xia army, maybe he escaped by chance from the battle of Yongle City (the Xia people besieged Yongle City. Qu Zhen saw that the situation was not good, and before the city was broken, he ignored his subordinates and put down the rope on the wall behind Yongle City and escaped from birth), which made him feel disgraceful, so he wanted to make contributions, and then asked Mu Qing and others to lead thousands of troops to chase after him.

But in this maze formation, Mu Qing and other Song dynasty officers and soldiers lost their direction and did not meet. Zhe Keshi led his men back, and Mu Qing was still desperately chasing Wuyan Gorge.

The only thing that Zhe Keshi encountered was the Western Xia vanguard Army, and there were many large troops behind them. They also rushed over and used this terrain to halve the thousands of Song troops of Mu Qing. The Song troops on the outside were not a big problem, and they were very close to the Shimen River, but the Song troops inside were besieged by the Xia army.

The officers and soldiers of the four battalions were all very well equipped. For this battle, the court spent a lot of effort and money. Even ordinary foreign and border troops were equipped with armor, and most of them were newly built armor weapons.

However, on the battlefield, the armor is only a factor of victory or defeat and cannot play a decisive role.

Although the Song army in several battalions was very tenacious, there were too many people in Xixia and they were surrounded layer by layer. Moreover, the Xixia people liked to do the most was the group fight tactic, fighting less!

"Kill, kill!" Mu Qing roared repeatedly. No matter how many enemies he killed, even the armor on his body was stained with blood. However, he could not break through, and his soldiers were fewer and fewer...

…………

How much role can the banking department play?

It can be basically seen now, and there are only 500 operations now. What if there are four or five thousand operations in the future?

Zhao Xu's thought this way is wrong.

First of all, these five hundred business operations were the most economically developed regions of the Song Dynasty. Even the county towns were several times stronger than the remaining state military supervisors. In the future, the number may be expanded several times or even ten times, but it is far less than the current business income. It will hire more economic people, have more salary, but have very little income. Therefore, even if the number of business operations expands ten times in the future, it may not be able to reach twice the current income.

Also, you can’t look at the current accounts. There are many things going on in the future, including all kinds of dead accounts and bad accounts, as well as greedy money, and labor and other costs.

Of course, as long as you don’t make any trouble, it will indeed have a significant effect on the economy of the Song Dynasty.

Besides, although it is a profit, much lighter interest rate than various usury loans, its interest rate is still slightly higher than that of later bank loans.

So Zhao Xu carefully led his son to Yanhe Palace.

Wang Ju and his ministers called to him, see Your Majesty, and see Your Highness.

I like this little Zhao Mai, who later Zhao Xu and Wang Ju, very much.

Among the emperors of the Northern Song Dynasty, the highest estimate is Song Taizu.

Zhao Kuangyin was indeed outstanding in martial arts, but Chai Rong was still alive and would not do worse than Zhao Kuangyin. As for the system, how many systems did Zhao Kuangyin invented. Except for the release of military power with a cup of wine, the remaining systems were founded by Chai Rong.

Although Zhao Kuangyin is amazing and almost every founding emperor cannot afford it, Zhao Kuangyin's behavior is not as high as the later generations' evaluation of him. At least Zhao Kuangyin is the worst among the emperors listed in the Qinyuanchun song Taizu's poem Qinyuanchun.

But the one who is most underestimated is not Song Renzong, but the boy in front of him.

It is said that Zhao's master could memorize the Analects of Confucius when he was seven years old, which may be an exaggeration, but in history, Zhao's master ascended the throne was only ten years old, and this ten years old is a false age. If we say that a year old, we are only eight years old and are in the third grade of elementary school.

Cai Que was worried that the appearance and clothing of the Liao envoy would scare Zhao Xu, so he repeatedly explained to Zhao Xu. Zhao Xu suddenly asked seriously, is the Khitan envoy a human? Cai Que said that of course he was a human. Zhao Xu said, since he was a human, why am I afraid of them?

Lao Cai retreated in panic because of shame.

In fact, it was not Wang Ju who repeatedly warned Zhao Xu that happened this spring.

But because Cai Jing destroyed the reputation of the new party together, the historical books were extremely unfair to evaluate because Zhao Xu launched the new party.

But putting aside those evaluations, Zhao Xu's new policy was only a few years old. A twenty-year-old man was located among a large group of jackals, tigers and leopards. Why did he say a large group of jackals, tigers and leopards? After the Yuanyou party struggle, the minister who was superior was not a tiger or a wolf? It was almost a revival of the Northern Song Dynasty, especially in the northwest, which made the people of Xixia dare not even raise their heads. Moreover, this was not caused by the dethronement of military force. On the contrary, the situation of the Northern Song Dynasty countries in all aspects improved in just a few years. How difficult is this.

On the contrary, what did Yao and Shun Gao Taotao do in the so-called girls? They agreed that Sima Guang and others would turn their own sons into evil and demonize the king of a country, and then the fierce Yuanyou party struggle. As for this grandson who helped her to take over, they would not let the imperial doctor see him when they were sick.

Hysteria reached this point. Is this what Yao and Shun did?

Thinking of this, Wang Ju bowed again and said, "Your Majesty, I heard that Your Highness is extraordinary, which is a blessing for the Song Dynasty."

Zhao Xu was also very satisfied and smiled slightly.

Zhao Jiao looked at Wang Ju curiously with his slender eyes.

Wang Ju starts speaking.

He looked at Zhang Shangying and the operators of important operations and said, "Everyone, why do I use a lot of gold and silver as my principal?"

These people replied in unison: "Credit."

"It's true that it's credibility, so I used a lot of money to print and dye silk for the same reason. But have you ever thought about one thing that once the Western Xia is taken down, our dynasty will reduce a large amount of annual gifts every year, including many silver taels. Japan continues to provide millions of taels of silver every year, and the other side of the sea merchants use trade to exchange for a lot of gold and silver from the Dashi side. At the same time, with the progress of the mining industry, whether on the other side or inland, the gold and silver production will also slowly surge. Once the amount of gold and silver becomes huge, what should we do then?"

Zhang Shangying thought for a while and said, "Taibao, in fact, gold and silver are still lacking this year. Even in the future, the banking department will inevitably issue a large amount of silk to pay..."

"There is no problem in these ten years, but what should I do after twenty years?"

"this……"

For example, gold and silver were still very nervous in the middle and early Ming Dynasty. As the Japanese silver flowed into the Ming Dynasty, the Ming Dynasty regarded silver as a formal currency. With the end of the Ming Dynasty, the silver price generally fell.

This was still the flow of people, but now, it means that the two countries (Song Dynasty and the other side) almost launched state machines to get silver from Japan, and it was violently mined, so the speed of silver flowing back to the Song Dynasty was faster.

Just like in recent years, the amount of silver obtained from Japan every year has increased rapidly. This is only the other side. There are also some other maritime merchants in Hangzhou and Mizhou who also receive some silver from Japan every year. Although they have not entered the banking department, they have been circulated among the people.

"Use silk to adjust." An instructor replied.

"If it is a short-term decline, it can be adjusted, and it is what I said. But what should I do if gold and silver officially fall? And it may not be a decline at the same time. What should I do if silver falls and gold rises? Or if it falls at the same time, but it officially falls, and if it wants to adjust, I can only continue to issue a large amount of silk trade. However, the result is that the amount of silk trade far exceeds the circulation demand of the currency, and in the end, the value of silk trade itself is seriously depreciated, and the prices will rise sharply."

"So. I invite you to come to Beijing, and this is what I am talking about. Silk is currency, while gold and silver are just quasi-currencies, and on the other hand, it is commodities, including copper coins. Because copper coins are commodities, its value has always been unstable. The specific manifestation is Guan. At first, our dynasty had about 800 essays and more than 900 essays. During the reign of Emperor Taizong, we saw that there were insufficient copper coins, so it was set at 770 essays. However, in fact, because of the different copper production in Jiangnan and Jiangbei, the economic situations in various places were different. Some areas were always more than 80 essays, and some areas were 480 essays. Taizong was powerless to do anything about this. He had to issue an edict, and each state would use it as its customs, which became a confusing account. This was the time of Emperor Taizong, and it was not serious at that time. Now our dynasty lacked copper coins nationwide!"

However, everyone hasn't understood it yet.

Wang Ju had to continue to explain: "But this is not possible, so I defined the new Guan as a Guan that is one thousand coins, but this Guan is not a copper coins, but a Guan that is a silk exchange. However, the difference between these is that after the silk exchange is, it will always be a currency, and prices will be regulated through the quantity of money, rather than commodities. As for gold, silver and copper, it is a supplementary currency, and copper coins have also become quasi-moneys."

Zhang Shangying finally understood: "The Taibao meant that once the amount of gold and silver increased, the silk exchange would not have to be linked to gold and silver, nor would it have to be linked to copper coins."

"Tianjue. This is also the case. But there are three necessary premises. Silk must be trusted by everyone, even more than copper coins. At that time, silk exchange is the only 'real currency', and gold and silver can be relaxed a little. The second is to let go of gold and silver. The principal amount of gold and silver saved must be half of the currency. Even if the price of gold and silver drops seriously, the principal cannot be reduced, otherwise the value of silk exchange may be seriously out of control. The reasonable amount of silk exchange is ten cents equivalent to nine cents to eleven cents, but this ratio can be higher than eleven cents, but it cannot be lower than nine cents. That is, it is better to lack than extra printing because the lack can be added, but after it is overwhelmed, it will never be taken back."

Wang Ju asked these dozens of important mission envoys to return to Beijing and said these three points, but why did he say it in front of Zhao Xu? It was also explained to Zhao Xu and the prime ministers.

In a few months, Wang Ju will go to Shaanxi!

He could only suggest it in Shaanxi, but he could not intervene, let alone lead.

Therefore, it will take a long time to use these explanations, but it must be made clear now.

Everyone doesn’t understand, including Wang Ju, they don’t understand it very much. They can only say that his knowledge will be longer.

But this insight is very important, so it is not only told to Zhao Xu and several prime ministers, but also invited these business envoys to the capital and told them. These business envoys are all young officials, and they are not sure who will preside over the banking department in the future.

Wang Ju talked about a lot of financial knowledge he remembered in detail, and even briefly talked about stocks and futures. However, Wang Ju is quite opposed to these two points. Although if they are done well, it will be conducive to further economic development and housing mortgages. Wang Ju holds a neutral view on this, but there is no need for that now, and there is not enough money to lend. But in other words, it is prepared for any eventuality. Once the economy shrinks, housing mortgages can be promoted to further stimulate economic development.

After saying that, Zhang Shangying asked these dozens of operators to retreat.

Lao Wang said, "Zi'an, I've seen it for a long time."

"Taibao, silk payment is so important. Once the bank department selects people inappropriately, will the country be in danger?" Xiao Zhaomai said suddenly.

"Your Highness, the middle is also. But things have pros and cons. The advantages far outweigh the disadvantages, and they are also the general trend. There are many natives on the other side who use shells as currency, and in fact our ancestors have also used shells as currency. It is only with the development of civilization that gold, silver and copper coins are used as currency to facilitate business development. In our dynasty, Jiaozi appeared. This Jiaozi is the general trend of the future, but because it is a new thing, everyone does not understand. Now I have standardized it, so that it has credibility, and officially became an advanced currency.

To stimulate business development so that more people can live a prosperous life. But at first, we must be careful. This is the same as when I was in the south. Although I took over Dali and Jiaozhi, I repeatedly asked Your Majesty that within six years, I would not expect its profits, but keep its fiscal and taxes and develop two channels until the two channels develop. The gap with our dynasty narrows and the people are integrated into our dynasty, so that the court can draw a portion of taxes as profits according to the situation. Things are different. But the nature is the same."

"Then it is to choose people. In fact, there is no banking department, and the country should be very cautious in selecting people. In the Renzong era, the world was praised. But in the Qingli and Songxia War, our dynasty was far more difficult than now. The time when the weather was really good was the early period of Renzong and the middle period of Renzong. Then drought and floods all came. Fortunately, Lu Yijian was the prime minister and had the skills, so our dynasty did not cause any major chaos. The prime minister of Renzong era started from Jia Chang Dynasty to Pang Jigong, including Wengong as the prime minister for the first time, but when Wengong was the first prime minister, he performed very well.

At the same time, there were also people like Jia Changchao and Chen Zhizhong who were ridiculed by gentlemen. Later, Renzong took Fugong and Han as prime ministers. Pang Gong returned to Beijing from Taiyuan to report his duties. Renzong said that everyone in the world believed that the court had a virtuous prime minister. Pang Gong said that he had not obtained a high position and no one hated him, so many people loved him. But as prime minister, if he was a public, the world would hate more people than those who loved him, or use public to flatter his private interests, then more people would love him, but it would have missed national affairs. Sure enough, in his later years, the scholars and officials in the world continued to love Han Gong and Fugong, but the national finance began to be corrupt from then on."
To be continued...